Scalping and Day Trading
Scalping is a primary focus for many traders, and both firms allow it with different technical constraints.
- Rules and Limitations: The5ers allows scalping across all programs. Upcomers also permits it but imposes a "tick scalping" ban on specific accounts like Oracle, Supernova, and Hypernova, where trades must be held for at least 2 minutes.
- Leverage and Risk: The5ers provides high leverage up to 100:1 in the High Stakes program, which is ideal for small intraday moves. Upcomers varies its leverage but limits "one-shot" scalpers through its 20% Best Day Rule (30% for Phoenix Legacy), meaning a single day cannot account for the majority of the profit needed for a payout.
- Platforms: The5ers offers MetaTrader 5, cTrader, and TradingView, giving scalpers high-speed execution options. Upcomers provides TradeLocker, MatchTrader, cTrader, and DX, offering a broader variety of interfaces but without the TradingView integration.
- Costs: Trading costs at The5ers include a $4 per lot commission on Forex. Upcomers charges $5 per lot on Forex and Metals, making it slightly more expensive for high-frequency execution.
Swing Trading
Traders who hold positions for days or weeks will find distinct environments in these two firms.
- Holding Positions: Both The5ers and Upcomers allow holding positions over the weekend and overnight.
- Drawdown Interaction: The5ers uses a balance-based drawdown, which is generally more favorable for swing traders as it doesn't penalize open equity fluctuations as much as trailing systems. Upcomers uses the Dynamic Risk Shield™ on many accounts (like Ash and Thunderbolt), which trails the equity high-water mark; however, it locks at the initial balance once reached, providing a safety net for profitable swing positions.
- Swap Rules: The5ers offers Swap-Free accounts upon request for the funded stage. Upcomers provides swap-free accounts by default across all its programs, which is a significant advantage for long-term holders.
Automated Trading (EAs and Bots)
The approach to automation is where these two firms diverge most sharply.
- Expert Advisors (EAs): The5ers explicitly allows the use of EAs. However, in the Bootcamp program, a Stop Loss is mandatory and must be placed within three minutes of opening a trade, and no single position can risk more than 2% of the balance.
- Restrictions: Upcomers strictly prohibits EAs, bots, or any form of automated trading, including partial automation for entries or exits. Only indicators used for manual analysis are allowed.
- Consequences: For an automated trader, Upcomers is not a viable option. At The5ers, traders using third-party EAs must ensure they own the source code to avoid being flagged for "copy trading" from external sources.
News Trading
Trading during high-impact economic releases is permitted but regulated to prevent gambling strategies.
- The5ers Policy: News trading is allowed in Hyper-Growth and Bootcamp. However, in the High Stakes program, traders cannot open or close orders 2 minutes before and after a high-impact release; violating this results in profit deduction rather than account termination.
- Upcomers Policy: News trading is generally allowed. The main restriction is "news straddling" (placing bracket orders around a release), which is prohibited.
- Risk Management: Both firms prohibit "News Bracketing," so traders must have a clear directional bias or existing positions rather than trying to capture the volatility of the spike itself.
Copy Trading and Multi-Accounting
Managing multiple accounts is a common strategy to diversify risk or maximize allocation.
- The5ers Rules: Copy trading is allowed between your own accounts. However, if you manage $500,000 or more, copy trading between accounts is no longer permitted. Bootcamp accounts must use different strategies if you own more than one.
- Upcomers Rules: Copy trading from external sources or between different users is strictly prohibited. While you can have multiple accounts (up to $1.5M total capital), they do not explicitly allow automated copying between them due to their "No EA" policy.
- Allocation Limits: The5ers has complex limits based on the program (e.g., up to $4M in Hyper-Growth scaling). Upcomers allows a maximum aggregate funded capital of $1,500,000 across all programs.
If you trade like this
- If you are an Algorithmic Trader: Choose The5ers. They are the only firm of the two that allows EAs, provided you follow the Stop Loss rules in the Bootcamp.
- If you are a High-Volume Scalper: Choose The5ers. The lack of a "Best Day" consistency rule and the TradingView integration provide a more professional environment for fast execution.
- If you want Instant Capital without an evaluation: Choose Upcomers. They offer multiple "Instant Funding" models like Vanguard and Oracle, whereas The5ers requires an evaluation for their main programs.
- If you are a Swing Trader seeking Swap-Free accounts: Choose Upcomers. All their accounts are swap-free by default, whereas at The5ers, you must request it specifically for the funded stage.
Frequently asked questions
Which firm is cheaper to start an evaluation, The5ers or Upcomers?
The5ers is significantly more affordable for entry-level traders. Their Bootcamp program allows you to start a $100,000 challenge for a fee of only $95, or a $20,000 challenge for $22. In contrast, Upcomers' evaluation programs like the 2-Step Phoenix for a $10,000 account start at $219, making the initial cost of entry much higher than The5ers' low-cost models.
Does The5ers or Upcomers offer a better environment for using Expert Advisors?
The5ers is the only option for automated traders, as they explicitly allow EAs across their programs, provided traders adhere to risk rules like the mandatory stop-loss in Bootcamp. Upcomers strictly prohibits the use of Expert Advisors, bots, or any form of automated trading, meaning any account using these tools will be closed.
Which firm has higher withdrawal fees, The5ers or Upcomers?
Upcomers generally has higher withdrawal fees, especially for cryptocurrency, where they charge $19.90 plus a 30% commission due to liquidity constraints in the UAE. The5ers charges a flat 3.5% fee for withdrawals via Rise, Crypto, or Bank Transfer, and offers a commission-free option if you withdraw using Hub Credits.
Who has a more flexible drawdown policy, The5ers or Upcomers?
The5ers offers a more flexible drawdown policy for most traders because it is balance-based, meaning it only considers your closed balance at the end of the day. Upcomers uses a Dynamic Risk Shield™ on many accounts, which is a trailing drawdown that follows your equity high-water mark, making it more restrictive as it can move up with your open profits and "trap" your positions.





















