Up Profit – Firm Review
- Exceptional returns on investment guaranteed
- Simple onboarding through dashboard interface
- Fast delivery of promised profits
- Reliable customer assistance always available
- Secure systems protecting your assets
Company Overview
Up Profit is a modern prop trading firm that provides traders with access to funded accounts after passing evaluation challenges. Founded with the vision of empowering traders worldwide, Up Profit offers both Standard and Professional challenge programs designed to identify disciplined and consistent traders. What sets Up Profit apart is its trader-centric approach, offering up to 90% profit splits, diverse account sizes ranging from $10,000 to $200,000, and accelerated pathway options for experienced traders.
The company supports multiple trading platforms including MetaTrader 4 and 5, and provides access to a wide range of financial markets. With reasonable challenge parameters, transparent rules, and a reliable payout system, Up Profit has established itself as a credible option for both novice and experienced traders looking to access significant capital without personal risk.
Key Features at a Glance
Challenge Fees
- Standard Challenge – One-time fee starting from $97 for $10K accounts to $597 for $200K accounts
- Professional Challenge – One-time fee starting from $197 for $10K accounts to $997 for $200K accounts with faster evaluation and better profit splits
- Discount options – Available for traders who purchase multiple accounts simultaneously
Account Types
- Standard Challenge Account: Two-phase evaluation with 10% profit target in each phase, maximum 5% daily drawdown and 12% maximum drawdown
- Professional Challenge Account: Faster two-phase evaluation with 8% profit target in each phase, maximum 6% daily drawdown and 12% maximum drawdown
- Funded Account: Live trading account with real capital after successfully passing both evaluation phases
Profit Split Options
- Standard Account: 80% profit split for traders, with withdrawals processed every 30 days
- Professional Account: 90% profit split for traders, with withdrawals processed every 30 days
- Performance Scaling: Increased account sizes available after consistent performance milestones
Account Sizes
- $10,000: Entry-level account suitable for beginners, with lower upfront challenge fee
- $25,000: Mid-sized account for traders with some experience
- $50,000: Popular account size balancing risk and reward
- $100,000: Advanced account for experienced traders
- $200,000: Professional account for high-performance traders
Trading Platforms
- MetaTrader 4 (MT4): Classic platform with robust features and wide compatibility
- MetaTrader 5 (MT5): Advanced trading platform with additional timeframes, indicators, and better backtesting capabilities
- Account dashboard: Proprietary platform for tracking performance metrics and challenge progress
Financial Markets
- Forex: Major, minor, and exotic currency pairs with competitive spreads
- Indices: Global stock indices including US, European, and Asian markets
- Commodities: Gold, silver, oil, and other raw materials
- Crypto: Selected cryptocurrency pairs with reasonable leverage options
Challenge Programs Detail
Standard Challenge
| Feature | Challenge Phase | Verification Phase |
|---|---|---|
| Duration | No time limit | No time limit |
| Profit Target | 10% | 10% |
| Daily Drawdown | 5% | 5% |
| Maximum Drawdown | 12% | 12% |
| Minimum Trading Days | 10 | 10 |
Professional Challenge
| Feature | Challenge Phase | Verification Phase |
|---|---|---|
| Duration | No time limit | No time limit |
| Profit Target | 8% | 8% |
| Daily Drawdown | 6% | 6% |
| Maximum Drawdown | 12% | 12% |
| Minimum Trading Days | 8 | 8 |
Challenge Specifications
- Max Allocation: Up to $200,000 initial account size with scaling options based on performance
- Scaling: Accounts can scale up to $1,000,000 after consistently meeting profit targets
- Trading Competitions: Monthly trading contests with additional prizes and bonuses
- Free Trial: 3-day demo account available to test platform functionality
- Profit Targets: Standard Challenge requires 10% profit in each phase, Professional Challenge requires 8% in each phase
- Drawdown Structure:
- Daily: 5% for Standard accounts, 6% for Professional accounts
- Maximum: 12% for both account types, calculated from highest equity point
- Trailing: Not implemented, only fixed drawdown from initial balance
Trading Rules and Requirements
- No overnight holding of positions on specific high-impact news events
- No excessive risk or lot sizes exceeding 5% of account equity
- No manipulative trading strategies like hedging or arbitrage
- Minimum 10 trading days required for Standard Challenge, 8 for Professional Challenge
- Maximum allowed positions open simultaneously: 10
- All positions must be closed over weekends
- No copy trading or automated systems without prior approval
Company Information
- Founded in 2020
- Headquarters: London, United Kingdom
- Operates globally with traders from over 100 countries
- Customer support available 24/5 via live chat, email, and ticket system
- Educational resources including webinars, trading guides, and market analysis
- Active social media presence with regular trading insights
Payout Methods
- Bank Transfer (3-5 business days)
- PayPal (1-2 business days)
- Skrill (24-48 hours)
- Bitcoin and other cryptocurrencies (24 hours)
- Wise (2-3 business days)
Trading Commissions
- Forex pairs: $5 per lot round turn
- Indices: $6 per lot round turn
- Commodities: $7 per lot round turn
- Crypto: 0.05% of position size
- No hidden fees or additional charges
IP Rules
- Trading allowed from up to 3 different IP addresses
- VPN use is allowed but must be disclosed to support before usage
- Account sharing is strictly prohibited
- Travel notifications required when trading from new locations
- IP changes during active trades may trigger security verification
Video Review
Up Profit Review
Comprehensive review of Up Profit trading services
Unique Features
Scaling Program
- Automatic account size increases after 3 consecutive months of profitability
- Up to 5x initial capital possible through scaling program
- No additional fees for account scaling
Educational Resources
- Weekly market analysis webinars with professional traders
- Comprehensive trading strategy library
- One-on-one coaching sessions available for funded traders
- Discord community for strategy sharing and support
Why Choose Up Profit?
Up Profit stands out in the crowded prop firm landscape by offering traders a combination of favorable terms, competitive profit splits, and a trader-focused approach. Their evaluation process is designed to be challenging yet achievable, identifying traders with consistent strategies rather than lucky winning streaks.
Key advantages include:
- High profit splits up to 90% for professional accounts
- No time limits on challenge completion, reducing unnecessary pressure
- Realistic trading rules that mirror actual market conditions
- Responsive customer support with experienced trading professionals
- Transparent fee structure with no hidden costs
- Regular, reliable profit payouts with multiple withdrawal options
- Extensive educational resources to help traders succeed
Frequently Asked Questions
How long does it take to get funded?
The time to achieve funding depends entirely on your trading performance. Since Up Profit doesn’t impose time limits on the challenge phases, you can take as much time as needed to reach the profit targets. Skilled traders typically complete the Standard Challenge in 2-4 weeks and the Professional Challenge in 1-3 weeks. Once both phases are completed successfully, the funded account is typically set up within 24-48 hours.
Can I hold positions over the weekend?
No, all positions must be closed before the weekend market closure. This rule is in place to protect traders from weekend gaps and unexpected market volatility when trading resumes. Failure to close positions before the weekend may result in rule violation and possible account suspension.
What happens if I break a rule?
The consequences depend on the severity of the rule violation. Minor infractions typically result in a warning, while serious violations like hedging, using prohibited trading strategies, or excessive risk-taking may lead to immediate account termination without refund. All traders are encouraged to thoroughly review the rules before beginning the challenge.
Can I trade news events?
Yes, you can trade during most news events, but Up Profit has restrictions on certain high-impact economic releases. The platform recommends closing positions or reducing exposure before major announcements like NFP, FOMC decisions, and central bank rate announcements. Trading is allowed during moderate and low-impact news events.
How often can I withdraw profits?
Profit withdrawals are processed once every 30 days for funded accounts. The minimum withdrawal amount is $100, and there is no maximum limit beyond your available balance. Each withdrawal request is typically processed within 1-3 business days, depending on the payment method selected.
