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UProfit: Reviews And Analysis

In-depth review of the UProfit prop firm.How to pass the challenge, payout, leverage, rules, comparison, coupon, discount, promocode, and free trial and repeat.

UProfit: Reviews And Analysis

UProfit is a futures trading company headquartered in Texas, USA, established in 2019. The company specializes in offering various trading instruments including stock futures, forex futures, agricultural futures, energy futures, interest rate futures, and metal futures, aiming to provide flexible funding solutions to global traders.

Key Features

  • Maximum account balance: Up to $200,000.
  • Profit split: Up to 80%.
  • Fees: Starting monthly fees from $89.
  • Trading platforms: Supports multiple futures trading platforms including NinjaTrader, Bookmap, Agena Trader, and Motive Wave.

Advantages and Disadvantages

Advantages

  • Supports cryptocurrency payments.
  • First $15,000 in profits are entirely yours.

Disadvantages

  • Does not support cryptocurrency futures trading.
  • Profit split maximum is 80%.

Account Sizes

UProfit offers four different account sizes:

  • Basic Program: Provides a $9,000 trading account, with a monthly fee of $89.
  • Advanced Program: Provides a $50,000 trading account, with a monthly fee of $160.
  • Elite Program: Provides a $100,000 trading account, with a monthly fee of $315.
  • Premium Program: Provides a $200,000 trading account, with a monthly fee of $580.

Leverage

UProfit's trading account balance serves as buying power with no leverage. This means the leverage ratio is 1:1. Depending on the account size and profit situation, the maximum number of contracts you can trade varies:

  • Basic Program: Maximum contract number is 5.
  • Advanced Program: Maximum contract number is 6.
  • Elite Program: Maximum contract number is 12.
  • Premium Program: Maximum contract number is 20.

Profit Split

UProfit utilizes a "Safety Net" concept to protect traders' trading accounts. During the initial 40 days of the Safety Net period, profit split is 50/50, where the trader receives 50% of the profits, and UProfit retains the other 50%. After the Safety Net period, the profit split ratio shifts to 80/20, with the trader receiving 80% of the profits, and UProfit retaining 20%. Additionally, the first $15,000 in profits are entirely yours.

Evaluation Rules

Regardless of the applied account size, UProfit's evaluation rules include:

  • Minimum trading days: 10 days.
  • Challenge duration: No maximum time limit, allowing traders flexibility in choosing trading periods.
  • Based on different account sizes, different profit targets and maximum drawdown limits are set.

    Here are the key indicators for different account sizes in UProfit's evaluation:

Starting Capital Profit Target Maximum Drawdown (EOD) Daily Loss Limit
$9,000 $900 (10%) $800 (8.9%) $350 (3.9%)
$50,000 $2,500 (5%) $2,000 (4%) $1,100 (2.2%)
$100,000 $6,000 (6%) $3,000 (3%) $2,200 (2.2%)
$200,000 $10,000 (5%) $5,000 (2.5%) $4,000 (2%)

These metrics reflect the profit targets, maximum allowable daily losses, and maximum drawdown limits that traders need to meet under different account sizes at UProfit. These regulations aim to assist traders in achieving their trading goals under stable risk control.

Other Key Information

  • UProfit EAs/Algos/Bots: UProfit's trading rules do not explicitly prohibit the use of algorithms or bots for trading.
  • Free Trial: UProfit does not currently offer a free trial. However, a free reset option is available when your subscription expires and a rule is broken.
  • Discounts: UProfit offers frequent discount promotions throughout the year.
  • Trading Time Restrictions: Holding positions overnight after market close is not permitted, and all positions must be closed by 4:10 PM ET. Holding positions over the weekend is also not allowed.
  • News Trading: There are no specific restrictions mentioned for trading during news events.

In summary, UProfit, as a futures trading company based in the United States, provides a reliable platform for day traders with its flexible funding solutions and diverse array of trading instruments.

If you are looking for a sponsorship platform that supports a wide range of futures trading and are willing to accept the associated evaluation rules and conditions, UProfit may be a suitable choice for you.

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.