Uprofit prop firm is a company based in Texas, United States. The firm offers funding plans ranging from 9k to 200k USD and has only one evaluation phase. With tight risk limit rules, the firm seems to be searching for talented traders with superior risk management skills. Traders can speculate on a wide range of futures instruments on NinjaTrader and RTrader platforms.
With a 4.8 score on Trustpilot, Uprofit may be a futures prop firm that offers top-quality services. So we decided to take a closer look at the firm’s essential services and conditions.
In our unbiased Uprofit review, we are going to delve deep into the firm’s essential offerings such as safety, assets, fees, funding options, and many more.
Pros & cons of Uprofit prop firm
Pros
- Ability to withdraw with $0 fees
- Offers access to NinjaTrader, RTrader
- Fast and digital account opening/verification
- Low minimum audition fee of 89 USD per month
- 80% profit share after 100% first 10,000 USD withdrawals
- Offers multiple support channels, including live chat, email, and phone support
- Most payment options are free and instant
Cons
- No rating on the FPA
- Tight daily risk limits from 2%
- Only offers futures trading on specific markets
- There are no discounts or zero-pip spreads offered
- Lacks educational resources
- The firm does not disclose its partner broker’s name which is suspicious
- Does not offer a scaling plan
Quick rating of Uprofit and its features
| FPA Score | Not yet rated |
| Year founded | 2019 |
| Headquarters | Texas, United States |
| Minimum audition fee | 89 USD per month |
| Fees on withdrawals | 0 USD |
| Minimum funded amount | 9,000 USD |
| Maximum funded amount | 200,000 USD |
| Allowed daily loss | 2.2%-3.8% (depending on the funded amount) |
| Profit target | 3-10% |
| Maximum trailing drawdown | 8% |
| Profit sharing (Payouts) | 80% |
| Trading Platforms | NinjaTrader, RTrader |
| Available trading markets | Futures |
Safety of Uprofit – 1.5
Uprofit reviews are lacking on the FPA, as there are no comments and evaluations about the firm. This is the most important safety metric for us, as the FPA platform is the most reputable and reliable platform. So, the firm loses considerable points in this metric. There is no direct broker, as the firm gets its price data from the exchanges and simulates the trading environment. The firm loses points here as well. As for the experience in the industry, the firm has been around since 2019 and has more than 3 years of experience.
The firm gets a 1.5 score in this section for having sufficient experience but lacking other safety components.
Uprofit Funding and maximum capital allocation – 3
Uprofit funded programs start from 9k USD and are capped at 200k USD. The full range of Uprofit funding programs are:
- The basic program – 9,000 USD
- The advanced program – 50,000
- The elite program – 100,000
- The premium program – 200,000
The Uprofit challenge consists of only one evaluation phase, after which traders can start speculating for profits.
The steps for getting a funded account are simple. A trader needs to purchase the account and start trading on an evaluation account with the given credentials right away. They then need to follow risk rules, which are different for each funded amount.
Uprofit scaling plan is not offered at the moment.
The firm gets a 3 score in the funding section for not offering 1k and 1 million USD funding.
Uprofit Assets – 0.5
The firm only offers futures on various markets including the CME e-micro contracts MNQ, MES, and M2k. Since there are no other assets, the firm gets a 0.5 score.
Uprofit Trading rules and limitations – 1.1
Uprofit rules are strict with low-risk limits. Whenever a trader breaks the rules, the monthly subscription fee is not canceled, meaning traders will have to cancel it themselves. The exact rules for each account slightly differ from account to account.
The Basic Program of 9,000 USD funding has the following rules:
- Profit target – 900 USD (10%)
- Maximum contracts – 5
- Daily loss limit – 350 USD (3.8%)
- Maximum drawdown – 800 USD (8.8%)
- Minimum trading days – 5
The Advanced Program has the following rules:
- Profit target – 2,500 USD (5%)
- Maximum contracts – 6
- Daily loss limit – 1,100 USD (2.2%)
- Maximum drawdown – 2,000 USD (4%)
- Minimum trading days – 5
The Elite Program rules:
- Profit target –6,000 USD (6%)
- Maximum contracts – 12
- Daily loss limit – 2,200 USD (2.2%)
- Maximum drawdown – 3,000 USD (3%)
- Minimum trading days – 5
The Premium Program rules:
- Profit target – 10,000 USD (5%)
- Maximum contracts – 20
- Daily loss limit – 4,000 USD (2%)
- Maximum drawdown – 5,000 USD (2.5%)
- Minimum trading days – 5
As we can see, the rules are slightly different for each account. The lower the funded capital, the tighter the risk rules. However, for the premium program with 200k funding, the rules are again strict for ensuring the firm’s capital is not harmed. There is no maximum trading days limit, and traders have to be trading at least for 5 days before they can pass the evaluation.
News trading is not allowed and trades can not be opened during weekends.
The firm gets a 1.1 score as a result of tight risk management rules.
Uprofit Fees – 3
The fees for each account type are defined as follows:
- The Basic Program – 89 USD per month (9,000 USD funding)
- The Advanced Program – 160 USD per month (50k funding)
- The Elite Program – 315 USD per month(100k funding)
- The Premium Program – 580 USD per month (200k funding)
The 89 USD for 9k accounts is an attractive option for futures traders who want to start learning and trading.
Uprofit free trial is not available as all accounts come with monthly subscription fees
Uprofit free repeat is available if the trader breaks rules, which is very advantageous.
The firm gets a 3 score for not offering discounts and 0 pips spreads.
Uprofit Platforms – 4.1
Both platforms are advanced, including NinjaTrader and RTrader. They are specifically designed for securities such as futures and options and make it comfortable to speculate in the markets. They offer advanced functionality, including automated trading and a multitude of technical tools and indicators. These platforms are available for all devices including mobile, desktop, and web.
The firm gets a 4.1 score in this section.
Uprofit Profit-Sharing – 3
Uprofit profit split is at 80%. The first 15,000 USD payouts bear a 100% profit split, and it is set to 80% after the second payout. Payouts are processed within 24 hours and can be requested at any time during working hours. This is by far one of the best payout policies among prop firms. The minimum withdrawable amount is 100 USD.
The firm gets a 3 score in this section, losing some points for not offering 90% profits.
Education and trading tools at Uprofit – 2.3
Uprofit prop trading firm has limited educational resources as it does not offer webinars, seminars, or courses. There are no educational videos either, only a blog. The blog offers a multitude of articles about various topics of futures trading and market analysis. However, these articles are not enough to start from zero level and become a profitable trader.
Trader’s dashboard has several tools and plugins that can be used to track the performance or to cancel and buy subscriptions.
The firm gets a 2.3 score in this section.
Customer Support at Uprofit – 3.6
Support is available through multiple channels including live chat, email, and phone support. The live chat has an inbuilt virtual assistant that offers quick help using a FAQ and help center. It is also possible to connect with the support using live chat, which makes it a very convenient option. As for the multilingual support, both the website and support options are available in English and the other three languages. This is understandable as the firm mainly targets clients in the US.
Uprofit gets a 3.6 score in this section for lacking more languages.
Frequently Asked Questions
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