The prop trading world has changed a lot in recent years, with the rise of modern prop firms shaking up traditional models and offering more opportunities for traders to succeed. New firms keep entering the market, some are making big promises about funding, profit splits, and fast payouts. With the growth of online platforms and technology, prop trading has become more democratized. This shift has also led to more innovative approaches to risk management, training, and support, ultimately creating a more dynamic and inclusive trading environment that’s benefiting traders and firms alike.
In 2023, a dynamic proprietary trading firm was founded and made waves in the trading world. Upcomers is a prop firm with a bold vision to revolutionize trading. It already has over 65,000 traders from 165+ countries and also helps traders grow their funded account from starting balance up to $4,000,000.
Grow Beyond Your Starting Capital
The rules are structured and strict, designed to enforce professional risk management. All trading activity is system-monitored, and violations can lead to automatic account closure. Traders are expected to follow the guidelines closely and maintain discipline at all times.
Every program comes in two versions: turbo and classic. Additionally, three of these programs have legacy options.
Turbo- 30-day time limit. Pay only 50% upfront, rest after you pass. For traders who work well with deadlines.
Classic- Unlimited time. Full payment upfront. For traders who prefer zero pressure.
Legacy- Unlimited time. The stop-out limit (static maximum loss) is fixed from the start. It does not move with your equity.
| Challenge Programs | Funding Size | Legacy Options |
| Half-Step (Ash) | $5k to $1M | |
| One-Phase (Thunderbolt) | $5k to $1.5M | Yes |
| Two-Phase (Phoenix) | $10k to $1.5M | Yes |
| Three-Phase (Astral) | $25k to $1.5M | Yes |
| Four-Phase (Obsidian) | $50k to $1.5M | |
| Five-Phase (Eon) | $100k to $1.5M |
Get access to funded accounts without a traditional evaluation phase. Best suited for experienced traders, but still subject to strict risk limits and ongoing performance requirements.
| Program | Funding Size |
| Vanguard | $2k to $1M |
| Oracle | $5k to $1M |
| Supernova | $5k to $500k |
Important:
- Accounts are still actively monitored.
- Risk management rules apply at all times.
- This is not “no proof needed”, you must maintain performance standards to keep the account.
Upcomers’ scaling-up plan presents a compelling avenue for substantial growth and expansion. It empowers traders with the opportunity to amplify their trading capital, unlocking access to up to $4 million. The Scaling Plan is available on all main Upcomers programs: Thunderbolt, Phoenix, Astral, Obsidian, Eon, Ash, Vanguard, and Oracle. The same eligibility criteria apply across all of them.
Every 4 months, if you meet the eligibility criteria, your account balance increases by 35%. You keep trading the same account, just with more capital behind you.
Starting with a $100,000 account, you could reach $4,000,000 in about 4 years of consistent performance. No additional fees, no new evaluations, just growth.
To qualify for a scale-up, you must meet all three conditions within a 4-month period:
| 15% Profit | Your account must grow by at least 15% total over the four months. This is cumulative, so a bad month can be offset by a good one. |
| Two (2) Payouts | You need to complete at least two successful payouts during the four-month period. This proves you’re actively trading and taking profits. |
| Positive Balance | Your account must end the 4-month period in profit. You can’t scale up while you’re in drawdown. |
| Meet all three criteria, and your account grows by 35%. |
After meeting the requirements, submit your scaling request to help@upcomers.com,so its team will verify your eligibility.
Here’s what consistent scaling looks like from $100,000 to the maximum:
$100,000 → $135,000 → $182,250 → $246,037 → $332,150 → $448,403 → $605,344 → $817,214 → $1,103,239 → $1,489,373 → $2,010,653 → $2,714,382 → $3,664,416 → $4,000,000
That’s 13 successful scale-ups to reach the cap. At one scale-up every 4 months, you’re looking at just over 4 years to go from $100K to $4M.
The goal of Upcomers is to find the world’s best traders, and it acknowledges that the maximum capital offering may be limiting for the very best among you.
To qualify for 4M on request plan, you must meet these conditions:
- The standard maximum account size for Upcomers is $1,500,000 (or $300,000 for Vanguard account).
- With over ten years of trading experience in Upcomers’ team, including the real professionals
You can apply for this individualized funding plan through the dashboard once you have been profitable with Upcomers for at least 6 consecutive months. Afterwards, your trading habits and strategies will be carefully reviewed, and data will be evaluated, and if the conditions are met, an individual contract can be offered.
The Profit Split and Payout Speed
One thing that stands out about Upcomers is the profit split. Traders keep up to 99% of their profits. That is one of the highest splits you will find in the prop firm industry right now.
Payout speed is another factor to consider. Upcomers states that payouts can be processed quickly, with some users reporting fast turnaround times, sometimes within hours. However, actual processing times may vary depending on request volume and payment method.
The highest recorded payout is $79,833. Withdrawals are available via direct IBAN bank transfer or crypto, avoiding reliance on third-party payment processors.
Trading Conditions and Platforms
Upcomers supports multiple trading platforms, including TradeLocker, MetaTrader 5, and Bybit for crypto. Traders get access to over 1,200 instruments across forex, metals, indices, stocks, energies, and crypto.
The spreads start from 0.0 pips, and news trading is allowed, subject to standard risk and execution rules —something many prop firms restrict or ban. This makes Upcomers appealing for traders who build strategies around economic events.
However, there are withdrawal fees to consider:
- Bank transfers: $19.9 + 2.49%
- Crypto withdrawals: $19.9 + 30%
So while trading conditions are flexible, it’s important to factor in these costs when planning withdrawals.
What Real Traders Say
The website features verified reviews from traders across the world. Here is a quick look at what some of them shared:
1. Arthur Marie from France received a payout of $2,850 and left this comment:
“The whole experience has been very smooth since the beginning, and it really was the cheapest challenge I could buy for a capital that big, by far.”
2. Muhammed E. from Turkey received a payout of $3,741 and said:
“The clear rules, transparent processes, and supportive team truly set Upcomers apart from other firms in the market.”
3. Cyrrel Wei P. from Malaysia collected multiple payouts totaling $11,525 and shared:
“It has been a wonderful journey with Upcomers, from funded to payout and subsequently more payouts. The rules are strict but fair, it makes you a disciplined trader.”
4. Veronica O. from Sweden received a payout of $1,980 and wrote:
“Support is great, quick answers. My first payment arrived as promised. I am just happy to be a part of Upcomers.”
5. Eric C. from France received a payout of $990 and noted:
“The objectives are clear, and the trading conditions are advantageous. If you follow the rules, everything runs smoothly.”
These are verified traders with real payout amounts attached to their names, which adds a level of credibility that vague testimonials simply do not have.
Legal Structure
Dubai Headquarters
Upcomers is a proprietary trading firm founded in 2023. The company operates under two legal entities. Royal Flow- FZCO is a technology and education company incorporated under the laws of the United Arab Emirates. It provides access to trading accounts within a simulated environment and operates the following trading platforms: TradeLocker, Bybit. Upcomers Ltd. is a legal entity incorporated under the laws of Saint Lucia. This is a designated entity for operating additional trading platforms currently being integrated.
Prague Office
Upcomers has a physical office in Prague too. The office handles VIP client meetings and professional consultations.
If you’re considering joining a prop trading firm, understanding its legal structure is a crucial step. This information can reveal how the company handles liability, governance, and regulatory compliance, giving you a clearer picture of the risks and operational framework involved. It’s a key factor to assess before partnering with a firm, ensuring alignment with your goals and risk tolerance.
Why the 2023 Launch Date Actually Matters
Some traders get nervous about working with newer firms. That concern is valid. But the launch year tells only part of the story.
Upcomers grew to over 65,000 traders in a short time. It paid out over $5 million to traders. It built its own in-house technology instead of relying on white-label solutions. It publishes their terms and conditions in over 10 languages. These are not the moves of a company that plans to disappear.
The fact that it launched in 2023 and reached this level of growth actually works in their favor. It shows the market responded positively and traders kept coming back. Its repeat trader rate sits above 40%, which is one of the highest loyalty numbers in the industry.
Things to Keep in Mind
No firm is perfect, and Upcomers is no different. Here are a few important rules and limitations to understand before signing up:
- Funded accounts operate in a simulated environment; you are not trading real market capital directly.
- The $4M funding level is not standard. It’s only accessible through scaling and custom agreements after meeting strict criteria.
- Challenge fees are typically non-refundable unless stated otherwise in the refund policy.
Trading Rules & Restrictions:
- Tick scalping (trades under 2 minutes) is not allowed.
- Using bots or emulators is strictly forbidden. All trades must be placed by you directly.
- Copy trading is restricted and can violate account rules depending on usage.
- A maximum of 6 trades at a time is enforced.
- Holding trades overnight is allowed. However, it’s essential to be responsible and aware of potential challenges that may arise during a market rollover.
- Keeping trades open over the weekends is allowed on all Upcomers’ Accounts, including funded accounts.
- Trading during news events is fully allowed in all phases, including both Challenge and Funded accounts.
- Margin usage is capped (typically around 40%–70%, depending on the account stage).
- Certain strategies are prohibited, including martingale, arbitrage, and high-frequency trading (HFT). You can check its helpsite for all trading strategies that are prohibited.
These aren’t dealbreakers, but they are critical to understand. Ignoring them can lead to account violations or disqualification, so it’s better to go in fully informed.
Is Upcomers Worth It?
Based on everything the platform offers, Upcomers delivers real value. The challenge fees are among the lowest in the market. The profit split is as high as it gets. The payout speed is fast. The trading conditions are competitive. The support team is responsive and covers more than 15 languages.
For traders who have the skills but lack the capital, Upcomers removes that barrier. You do not need thousands of dollars sitting in a brokerage account to trade seriously. You pay a small fee, prove your consistency, and get access to capital you would not otherwise have.
A 2023 startup funding traders up to $4 million via scaling plan sounds ambitious. But when you look at the numbers, the verified payouts, the platform features, and the community behind it, Upcomers has done exactly what it set out to do.
This breakdown shows a firm that is young but serious. The growth speaks for itself, and the trader feedback backs it up. If you are ready to take your trading to the next level, Upcomers gives you a clear and affordable path to get there.