Find out the major disadvantages of Upcomers Proprietary Trading Firms and alternatives with lower fees and more security. Unbiased Upcomers Alternatives reviews.
So which Proprietary Trading Firms are better than Upcomers? Want to jump straight to the answer? FunderPro is the best alternative prop firm to Upcomers for May 2025 .

Rating breakdown

Challenge Assessment
40%
2.0/5
Support
80%
4.0/5
Trading Fees
40%
2.0/5
Payout Scheme
80%
4.0/5

Things we didn't like:

 Non-refundable evaluation fees
 No balance scaling options
 Payouts only via cryptocurrencies

Why would you want an alternative to UPCOMERS?

Although Upcomers offers an ambitious and thoughtfully designed selection of evaluation models, it still leaves key gaps that could push some traders to explore alternatives. First, the exclusive use of TradeLocker limits platform flexibility — a significant disadvantage for traders who rely on MetaTrader 4 or 5 for custom indicators, scripts, or EAs. Additionally, all funded accounts are simulated, and the firm has not provided clear, independent confirmation of real capital backing or liquidity connections. This raises questions for traders looking to build a performance record tied to real executions. Another concern is the tight leash on permitted trading strategies: grid systems, martingale, and hedging are all prohibited, which effectively eliminates many non-directional or volatility-based strategies. While the firm touts rapid payouts and generous scaling, actual qualification requirements for those benefits are strict and may not suit traders with inconsistent equity curves or lower-frequency trading. And with limited public trader feedback so far, it’s hard to assess how reliable the funding and withdrawal pipeline is in practice.

What other users do not like about Upcomers

Upcomers TrustPilot Customer Reviews, Feedback and Complaints

On Trustpilot, Upcomers has currently 32 number of reviews with a TrustScore (the overall measurement of reviewer satisfaction) of 4.70/5.00.

Main Complains according to the Users' Reviews
  • Some platform slowness
  • Challenge rules could be clearer

What to look for in a UPCOMERS Alternative?

When seeking an alternative to Upcomers, traders should prioritize firms that offer broader platform compatibility — particularly those that support MetaTrader, which remains the most flexible environment for both discretionary and automated strategies. If you depend on trading bots or grid-based systems, look for firms that openly support EAs and are clear about which strategies are allowed or restricted. Alternatives should also offer transparency around funding — whether it's real or simulated — and ideally provide verified payout proof or audited performance benchmarks. Flexibility in leverage and instrument access can also matter; many traders will benefit from firms that offer higher leverage or more responsive execution environments across major assets, especially crypto or metals. Finally, consider firms with optional trial access, free challenge retakes, or refund incentives — these features reduce risk and increase trust, especially when working with less established prop firms. Look for consistent communication, public feedback, and user-driven updates to stay confident that your time and effort will lead to reliable payouts and growth potential.

Best UPCOMERS alternatives – Proprietary Trading Firms like (or better than) UPCOMERS

Best Upcomers Alternatives

Rating breakdown

Challenge Assessment
90%
4.5/5
Support
100%
5.0/5
Trading Fees
100%
5.0/5
Payout Scheme
90%
4.5/5

Things we liked:

 Exclusive Discount Code (20% Off Exclusive Offer)
 Unlimited time for completion
 Real Funding and Daily Payouts

Things we didn't like:

 High challenge difficulty

#1
FunderPro Overview

Founded in Malta in late 2022 by a group of traders and investment managers, FunderPro was born out of the need to provide an opportunity for traders to be judged on their merit without pressure or unnecessary rules. FunderPro traders can trade in their own time, for as long as they want or need, there are no deadlines looming down nor petty restrictions to trip over.

Rating breakdown

Challenge Assessment
92%
4.6/5
Support
100%
5.0/5
Trading Fees
86%
4.3/5
Payout Scheme
86%
4.3/5

Things we liked:

 Unlimited evaluation free retries (Exclusive Refund Code 120%)
  No restrictions on trading style
  Overnight and weekend holding allowed
  A large variety of trading instruments

Things we didn't like:

 Consistency rule for express accounts
  No free trials available
  Minimum 5 trading days

#2
FundedNext Overview

In 2022, Next Ventures launched a new platform: FundedNext was live. The prop firm quickly made a name for itself by its generous capital allowance: a staggering $4 million was on the table for FundedNext traders who get to keep 90% of any profits made.

Rating breakdown

Challenge Assessment
80%
4.0/5
Support
90%
4.5/5
Trading Fees
80%
4.0/5
Payout Scheme
80%
4.0/5

Things we liked:

 Exclusive Discount Code (10% Off Exclusive Offer)
 No Trading Restrictions
 MetaTrader4, MetaTrader5

Things we didn't like:

 Minimum Trading Days
 Trailing Drawdown

#3
FXIFY Overview

FXIFY is a London-based proprietary trading firm that provides traders with access to up to $400,000 in capital, which can be scaled up to $4 million. Co-founded in 2023 by David Bhidey and Peter Brown, FXIFY offers flexible assessment programs, including One-Phase and Two-Phase options.

Upcomers Alternatives Frequently Asked Questions (FAQs):

Are there any sites like Upcomers?
Yes, there are many sites offering similar services to Upcomers. These include FunderPro, Clarity Traders, TradingFunds and many more. If you are looking for an alternative to Upcomers,  FunderPro is currently rank as the number one on the list of top Forex Prop Firms.
Who are Upcomers Top Competitors?
Upcomers 's top competitors in May 2025 are: FunderPro, FundedNext, FXIFY and more. FunderPro is currently rank as the number one on the list of top Forex Prop Firms.

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