Upcomers Review and Analysis
Overview
Upcomers is a UAE-based proprietary trading firm launched in late 2024 under the legal entity Royal Flow - FZCO. With a bold goal of nurturing “tomorrow’s top traders,” Upcomers has entered the market with multiple evaluation formats, competitive pricing, and a scaling plan that stretches up to $2.5 million. The firm emphasizes choice — offering four separate funding paths to accommodate different trader styles and levels of experience: One-Phase (Thunderbolt), Two-Phase (Ascended), Three-Phase (Astral), and Instant Funding (Vanguard). Backed by its in-house tech and operating through the TradeLocker platform, Upcomers markets itself as a flexible and community-focused firm that wants traders to grow with them — but not without certain limitations traders should be aware of.
Funded Accounts
Once funded, traders continue under the same risk rules but unlock withdrawal privileges and scaling potential. Payouts are made through Wise or crypto (e.g., USDT), with the first withdrawal eligible after just 7 or 14 days, depending on the program. Profit splits begin at 80% for evaluation-based accounts and 60% for instant funding. Traders may qualify for a higher split and larger capital allocation via Upcomers' VIP Program, which rewards consistency and discipline. However, VIP entry is gated behind stringent requirements, such as a clean violation history and multiple successful withdrawals.
The firm’s Scaling Plan allows traders to double their account every four months (up to $2.5 million) by achieving 15% profit across that period with no drawdown breaches and at least two successful payouts. This aligns with institutional-style performance reviews, but it's also strict — ending even one month below equity or skipping a payout could reset progress.
How to Sign Up with Upcomers
To get started with Upcomers, follow these steps:
-
Visit the Upcomers website and choose a challenge that fits your trading objectives.
- Register an account by providing your personal details.
- Select your preferred payment method—options include Credit Card, Debit Card, and Cryptocurrencies—and pay the evaluation fee.
- Upon payment confirmation, you'll receive access to a demo account to complete the chosen challenge.
- Successfully passing the challenge grants you access to a funded account, where you can trade and earn profits based on the firm's profit-sharing model.
Challenge Overview
One of the first things that stands out about Upcomers is its unique structure. Instead of offering just the common 1- or 2-step evaluations, the firm also introduces a 3-step challenge model and an instant funding program, giving traders more control over their journey. The firm’s branding and challenge names — Thunderbolt, Ascended, Astral, and Vanguard — are aimed at creating a sense of progression, and this thematic structure is reflected in the firm’s tiered scaling plan and VIP incentives. All funded accounts are simulated, but the firm attempts to compensate with fast payout cycles (7 or 14 days) and an automated back-office dashboard for performance tracking and scaling eligibility.
Traders get access to a wide range of instruments across forex, indices, stocks, metals, and cryptocurrencies. Leverage is modest — up to 1:30 on forex and significantly lower on crypto — in line with industry standards for risk-managed evaluations. However, the firm enforces some strict guardrails: hedging, martingale, reverse copy-trading, arbitrage, and high-frequency bots are explicitly banned. While the platform does allow for copy trading between multiple Upcomers accounts owned by the same trader, third-party signals, EA usage, and other automations may be flagged or restricted based on internal monitoring.
Upcomers Challenges
| Challenge | Price | Account Size | Steps | Profit target | Profit Split | Max Daily Loss |
|---|
| 5,000 3-Phase challenge | $31.5 | $5K | 3 | 8% / 6% / 4% | 80% | 5% |
| 10,000 3-Phase challenge | $51.75 | $10K | 3 | 8% / 6% / 4% | 80% | 5% |
| 25,000 3-Phase challenge | $111.75 | $25K | 3 | 8% / 6% / 4% | 80% | 5% |
| 50,000 3-Phase challenge | $164.25 | $50K | 3 | 8% / 6% / 4% | 80% | 5% |
| 100,000 3-Phase challenge | $276.75 | $100K | 3 | 8% / 6% / 4% | 80% | 5% |
| 200,000 3-Phase challenge | $426.75 | $200K | 3 | 8% / 6% / 4% | 80% | 5% |
| 5,000 2-Phase challenge | $44.25 | $5K | 2 | 10% / 5% | 80% | 5% |
| 10,000 2-Phase challenge | $74.25 | $10K | 2 | 10% / 5% | 80% | 5% |
| 25,000 2-Phase challenge | $149.25 | $25K | 2 | 10% / 5% | 80% | 5% |
| 50,000 2-Phase challenge | $224.25 | $50K | 2 | 10% / 5% | 80% | 5% |
| 100,000 2-Phase challenge | $396.75 | $100K | 2 | 10% / 5% | 80% | 5% |
| 5,000 1-Phase challenge | $44.25 | $5K | 1 | 10% | 80% | 4% |
| 10,000 1-Phase challenge | $74.25 | $10K | 1 | 10% | 80% | 4% |
| 25,000 1-Phase challenge | $149.25 | $25K | 1 | 10% | 80% | 4% |
| 50,000 1-Phase challenge | $224.25 | $50K | 1 | 10% | 80% | 4% |
| 100,000 1-Phase challenge | $381.75 | $100K | 1 | 10% | 80% | 4% |
| 200,000 1-Phase challenge | $711.75 | $200K | 1 | 10% | 80% | 4% |
| 5,000 Instant funding | $168.75 | $5K | 0 | 10% | 60% | 4% |
| 10,000 Instant funding | $336.75 | $10K | 0 | 10% | 60% | 4% |
| 25,000 Instant funding | $824.25 | $25K | 0 | 10% | 60% | 4% |
| 50,000 Instant funding | $1649.25 | $50K | 0 | 10% | 60% | 4% |
| 80,000 Instant funding | $2624.25 | $80K | 0 | 10% | 60% | 4% |
Pros and Cons
Pros:
- Profit splits up to 90%
- Multiple challenge types and account sizes
- Support for EAs and copy trading between accounts owned by the same individual
- News trading allowed during the challenge phase
- 24/7 customer support
Cons:
- Evaluation fees are non-refundable
- No balance scaling options
- Payouts only via cryptocurrencies
Evaluation Metrics
Overall metrics
- Challenge difficulty: Moderate – achievable profit targets with defined drawdown limits
- Customer support: Available 7:00 - 17:00 UTC, 7 days a week
- Fee: Competitive evaluation fees, varying by account size and challenge type
- Payout scheme: Profit splits up to 90%, with weekly payouts
Meet the CEO
Information about the founders or executive team of Upcomers is not publicly disclosed.
Frequently Asked Questions (FAQs):
What asset types can I trade with Upcomers?
Forex, Commodities, Indices, Crypto, and Stocks.
Are Expert Advisors (EAs) allowed?
Is news trading allowed?
Yes, news trading is allowed during the challenge phase but not in the funded phase.
What are the payout methods?
Payouts are made via Wire Transfer, SEPA Transfer, and Cryptocurrencies.
Is the evaluation fee refundable?
No, evaluation fees are non-refundable.
How trusted is Upcomers?
The trusted source of information on fintech matters SBO, gave Upcomers a 3/ 5.00 rating based on analysing 20+ criteria and testing. Upcomers is currently in 0th place in this ranking.
What is the Upcomers fee?
Fees vary by account size and challenge type.
Does Upcomers offer coupons for customers?
Yes, currently, there is one Upcomers discount coupon TL25 available for customers.
How can I find Upcomers discount coupons and promo codes?
What is the profit split for Upcomers?
What is Upcomers evaluation process?
Offers 1-Step and 2-Step evaluations.
How do I become an Upcomers Trader?
What is an acceptable max drawdown for Upcomers?
5% daily / 10% total Maximum Drawdown is the Distance between the highest and lowest points (maximum and minimum peak).
What is Upcomers Trading Duration / Time restriction?
What is Upcomers leverage?
What financial instruments can be traded at Upcomers?
Forex, Crypto, Indices, Stocks
Can I trade news at Upcomers?
Can I hold trades overnight or over the weekend?
