Uprofit provides four account sizes for traders that want to start their first challenge in funded trading programs. These account sizes are:
- 9k challenge: The Basic Program.
- 50k challenge: The Advanced Program.
- 100k challenge: The Elite Program.
- 200k challenge: The Premium Program.
This article will entirely focus on every funded trading challenge.
The Uprofit prop firm offers challenges for Futures traders only; They allow you to trade up to 20 contracts.
Overview of the Uprofit 9k challenge:
| Price | $89/m (Get it Here) |
| Rules of the Trading Challenge | |
| Profit Target | $900 |
| Minimum Trading Days | 10 days |
| Daily Loss Limit | $350 |
| Pro Drawdown | $800 |
| Allowed Instruments | Check here |
| Max Position Size | 5 micro contracts |
| Allowed Trading Time | 5:00 PM to 3:10 PM CT |
Overview of the Uprofit 50k challenge:
| Price | $160/m (Get it Here with 40% Off) |
| Rules of the Trading Challenge | |
| Profit Target | $2500 |
| Minimum Trading Days | 10 days |
| Daily Loss Limit | $1100 |
| Pro Drawdown | $2000 |
| Allowed Instruments | Check here |
| Max Position Size | 6 contracts |
| Allowed Trading Time | 5:00 PM to 3:10 PM CT |
Overview of the Uprofit 100k challenge:
| Price | $315/m (Get it Here with 40% Off) |
| Rules of the Trading Challenge | |
| Profit Target | $6000 |
| Minimum Trading Days | 10 days |
| Daily Loss Limit | $2200 |
| Pro Drawdown | $3000 |
| Allowed Instruments | Check here |
| Max Position Size | 12 contracts |
| Allowed Trading Time | 5:00 PM to 3:10 PM CT |
Overview of the Uprofit 200k challenge:
| Price | $580/m (Get it Here with 40% Off) |
| Rules of the Trading Challenge | |
| Profit Target | $10000 |
| Minimum Trading Days | 10 days |
| Daily Loss Limit | $4000 |
| Pro Drawdown | $5000 |
| Allowed Instruments | Check here |
| Max Position Size | 20 contracts |
| Allowed Trading Time | 5:00 PM to 3:10 PM CT |
Uprofit Challenge Prices
The price of the challenges is a monthly subscription that varies from $89/m to $580/m. Still, you can get it here for less. However, after every 30 days, the monthly subscription will be deducted from your Paypal account or your card. So to reduce the cost, it’s better to finish the challenge as soon as possible.
When you reach the profit goal, you must deactivate the monthly subscription, and the Uprofit team confirms you did.
Uprofit Challenge Rules
After setting up your account via the credentials sent via email by the Uprofit team, you can start your funded trading challenge. But there are some rules and goals that need to be respected.
This section explains all the rules and targets you need to know to pass the Uprofit challenge. The rules are:
- Reach the profit target.
- Reach the minimum trading days.
- Don’t hit the Daily loss limit.
- Don’t hit the Pro drawdown.
- Trade only allowed instruments.
- Trade during allowed trading time.
Reach the profit target
you must reach the profit target designed for each account size. You will be eligible for a funded Live Account when you reach that profit target. But make sure that you also reach the minimum trading days.
| Account | Profit Target |
|---|---|
| 9k | $900 |
| 50k | $2500 |
| 100k | $6000 |
| 200k | $10000 |
Reach the minimum trading days
Even if you hit the profit target, you need to achieve a minimum of 10 trading days before you win a live account.
A trading day is when you open and close at least one trade.
A trading day starts when the markets are open at 5:00 PM CT until the market is closed at 3:10 PM CT of the next day.
Don’t hit the Daily loss limit
The daily loss limit for the Uprofit account defers depending on account size:
| Account | Daily Loss Limit |
|---|---|
| 9k | $350 |
| 50k | $1100 |
| 100k | $2200 |
| 200k | $4000 |
You must never lose more than the amount cited by the Daily Loss Limit in one day, or your account will be terminated.
Don’t hit the Pro drawdown
The Pro Drawdown for every Uprofit challenge account depends on the account size:
| Account | Pro Drawdown |
|---|---|
| 9k | $800 |
| 50k | $2000 |
| 100k | $3000 |
| 200k | $5000 |
The Pro Drawdown works exactly like an EOD Drawdown (End of day Drawdown); it only calculates your profit at the end of the day.
Learn more about the Uprofit Pro Drawdown.
Example:
Your account on day one has a balance of $200000; this means that the minimum balance allowed, according to the Pro Drawdown, is $195000.
Let’s assume that your balance at the beginning of day 5 is $192000, which means that You will lose your account if you make another $2000 loss. You may trade as you wish during the day (but you should consider the Daily loss limit when you trade). You can make your account balance below $195000, your minimum balance allowed, or you can make as much profit as you want. But Uprofit will only consider your gains and losses at the end of the trading day.
- If you finish that day with an account balance of $195900, your account will be terminated.
- If you finish that day with an account balance of $203000, your minimum allowed balance would increase to $198000. (203000 – 5000 = 198000)
- If you finish that day with an account balance of $198000, your minimum allowed balance would stay at $195000.
The minimum allowed balance never goes lower; it only goes up when you reach a new all-time high at the end of the trading day.
Trade only allowed instruments
There are specific instruments that Uprofit makes available for trading on their challenges, and traders must not trade any other instruments outside of the designated ones. The categories of the allowed instruments are Equity Futures, Agricultural Futures, CBOT Interest Rates Futures, COMEX Futures, NYMEX Futures, CBOT Agricultural Futures, FX Futures, and CBOT Futures.
See the detailed list of the allowed instruments at Uprofit Trading here.
Trade during the allowed trading time
You are not allowed to trade during holidays.
As said before, a trading day starts when the markets are open at 5:00 PM CT until the market is closed at 3:10 PM CT of the next day; this means that you must stop trading and close all trades between 3:10 PM CT and 5:00 PM CT.
Questions and answers about the Uprofit accounts
How many contracts can I trade?
You can trade a specific number of contracts with the Uprofit challenge. So the maximum number of contracts across all open trades must not exceed the maximum number of contracts.
| Account | Max Contracts |
|---|---|
| 9k | 5 micro |
| 50k | 6 mini |
| 100k | 12 mini |
| 200k | 20 mini |
What happens if I break a rule during the Uprofit challenge?
When you break one of those rules:
- Don’t hit the Daily loss limit.
- Don’t hit the Pro drawdown.
- Trade only allowed instruments.
- Trade during allowed trading time.
Your account will be eliminated, and the only way to continue trading on Uprofit is to reset the account for $99 or subscribe to a new one.
Remember that the reset fees will only reset your balance and the rules, but they will not change your monthly subscription renewal date.
What happens when I achieve the profit target?
When you achieve your profit target after trading for more than 10 trading days, you must send an email to support@uprofittrader.com requesting the verification of your evaluation, where you indicate the ID number of the account you have completed the objectives. The account ID can be found in the email you received with the login credentials or in your Dashboard by clicking on “Subscriptions”.
You must not cancel your subscription until the Uprofit team verifies and confirms that you won a live-funded account.
The Uprofit team will send you a congratulatory email; then, they will send you an email with a document to sign. It’s a contract between you and Uprofit.
Then you will receive another email that asks you to pay the assignment fees:
| Account | Assignment Fee |
|---|---|
| 9k | $99 |
| 50k | $150 |
| 100k | $250 |
| 200k | $380 |
The great thing about Uprofit is that the live account fees are one-time, contrary to other futures prop firms that ask you to pay monthly fees.
Finally, you need to email the support team confirming that you have signed the document and paid the assignment fees. The Uprofit team will send you the credential of your live-funded account.
The whole process can be done in less than 7 business days.
