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UProfit Prop Firm Review 2024

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UProfit Prop Firm Review 2024
Zero trade restrictionsTradingView integrationHigh Trustpilot score
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Your Capital is at risk.

Your Capital is at risk.

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Overview
Company:UProfit
Founded:2019
Headquarter:Texas
Min Price:$89
Max Fund:$200,000
Challenges:2
About
UProfit is a US-based prop firm that has given out over 11 million dollars since its inception. The platform offers various challenges ranging in size from $30k to $150k. The minimum account subscription fee in UProfit is $39.
Contact
14090 Southwest Freeway Suite 300 Sugar Land, Texas 77478
Rank and Score
Pros and Cons
Withdrawal Payments
Instruments
Pros
Positive reputation with high Trustpilot rating
Quick evaluation process (minimum 5 trading days)
Wide range of tradable instruments
Support for popular trading platforms
Cons
Strict risk management rules during evaluation
Limited only to futures trading

Uprofit provides up to $150,000 in trading capital for Zero and Zero Day challenges. Traders must reach the 6% profit target without exceeding the 3% maximum drawdown to receive and trade in the UProfit funded accounts.

UProfit prop firm review
UProfit complete review for beginner and professional traders

UProfit company overview

Since its inception in 2023, UProfit has rapidly established itself as a formidable player in the prop trading arena. The firm's mission is to provide traders with significant capital to trade futures markets, allowing them to showcase their skills without personal financial risk.

Here's some important information about UProfit:

  • Founded in 2019
  • Based in Texas, USA
  • Various account sizes ranging from $9k to $200k
  • Challenge prices ranging from $89 to $580

UProfit Prop Firm Specifications Summary

To give you a comprehensive overview of what UProfit offers, let's break down their key specifications in a table:

Account currency

USD

Minimum price

$89

Maximum leverage

1:1

Maximum profit split

80%

Instruments

Currency pairs, stocks, metals, interest rates, energies (futures)

Assets

USD/JPY, AAPL, gold, oil (futures)

Evaluation steps

1-phase

Trading platform

NinjaTrader, RTrader, RTrader Pro

Withdrawal methods

Bank wired, Paypal, USDC

Maximum fund size

$200,000

First profit target

9%

Maximum daily loss

4%

Challenge time limit

Unlimited

News trading

Yes

Maximum total drawdown

4%

Commission per round lot

0

Trust pilot score

4.6 out of 5

Payout frequency

14 days

Established country

USA

Established year

2019

UProfit Prop Firm Benefits and Drawbacks

As with any trading opportunity, UProfit comes with a set of advantages and drawbacks. Let's weigh these carefully:

Advantages

Disadvantages

Quick evaluation process (minimum 5 trading days)

Limited only to futures trading

Positive reputation with high Trustpilot rating

Strict risk management rules during evaluation

Wide range of tradable instruments

Support for popular trading platforms

UProfit Funding & Challenge Price

UProfit's funding structure is designed to cater to traders at various skill and capital levels. Here's a breakdown of their key programs:

UProfit Zero Day account sizes and prices:

Account Size

$50k

$100k

$150k

Price

$39/Mo

$58/Mo

$98/Mo

UProfit Zero account sizes and prices:

Account Size

$30k

$50k

$150k

Price

$98/Mo

$170/Mo

$440/Mo

UProfit's tiered approach allows traders to start small and potentially scale up as they demonstrate consistent profitability.

UProfit Zero account
Uprofit Zero account prices

UProfit Prop Sign-up and Verification

Embarking on your UProfit journey is a straightforward process designed to get you trading as quickly as possible. Here's a step-by-step guide to registration and verification:

  1. Visit the UProfit website and click on the "Register" button;
  2. Enter your email and create a password for your account
  3. Verify your email address
  4. Enter your personal details in the "profile" section
UpProfit account setup
You need to enter personal information, including name, phone number, address, etc., to set up your UProfit account
  1. Choose a Program and continue the purchase process
  2. Reach the profit target without exceeding the maximum drawdown
  3. Verify your account by uploading government-issued ID and proof of address documents.

UProfit Evaluation Process

The evaluation process at UProfit is challenging even for experienced traders. This ensures that only skilled traders can pass challenges but discourages novice traders from joining this platform. UProfit Zero Day evaluation details:

Account size

$50k

$100k

$150k

Profit target

$3,000

$6,000

$9,000

Maximum daily loss

$1,100

$2,200

$3,000

Maximum number of contracts

3

6

9

Maximum Pro drawdown EOD

$2,000

$3,000

$4,500

Price

$39/Mo

$58/Mo

$98/Mo

One of the key points to remember about Uprofit Zero Day accounts is the 30% consistency rules that traders must adhere to.

UProfit Zero Day evaluation
UProfit Zero Day evaluation profit target, daily loss limit and other details

Uprofit Zero account details:

Account size

$30k

$50k

$150k

Profit target

$2,000

$3,000

$10,000

Maximum drawdown

$1,000

$2,000

$5,000

Maximum number of contracts

2

4

6

Price

$98/Mo

$170/Mo

$440/Mo

UProfit Bonuses and Discounts

UProfit offers several attractive bonuses and discounts to incentivize traders and reward consistent performance:

  • 100% Profit Split on First $15,000: All funded traders receive 100% of their first $15,000 in profits.
  • Discount code: UProfit offers up to 60% discount codes on third-party websites.

UProfit Prop Trading Platforms

UProfit supports several industry-leading trading platforms, catering to diverse trader preferences.

NinjaTrader

NinjaTrader is a powerful trading platform catering to both beginner and professional traders. It supports futures trading of various instruments with customizable tools and an intuitive interface. NinjaTrader features:

  • Advanced charting and analysis tools
  • High-performance trade execution
  • Customizable interface

R Trader

R Trader is a comprehensive trading platform designed for professional traders, providing robust order execution and risk management tools. It supports multi-asset trading with customizable features for enhanced market analysis and performance tracking. RTrader features:

  • User-friendly interface
  • Real-time market data
  • Mobile trading capabilities

R Trader Pro

R Trader Pro is an advanced trading platform offering professional-grade features, including direct market access, low-latency order execution, and comprehensive charting tools. R Trader features:

  • Enhanced features for professional traders
  • Advanced risk management tools
  • Multi-asset trading capabilities
UProfit trading platforms
UProfit offers various trading platforms for traders

Each platform is fully integrated with UProfit's systems, ensuring seamless trading experiences and accurate tracking of performance metrics. Traders can choose the platform that best aligns with their trading style and technical requirements.

What instruments and symbols can I trade on UProfit?

UProfit specializes in futures trading, offering access to a wide array of instruments across various exchanges. Here's a breakdown of available instruments for futures trading in UProfit:

  • Forex
  • Indices
  • Commodities
  • Stocks
  • Crypto
  • energies

Additionally, UProfit provides access to:

  • CME Group futures
  • NYMEX energy and metals futures
  • CBOT agricultural and financial futures

This diverse range of instruments allows traders to implement various strategies across different market sectors, enhancing opportunities for diversification and potential profit.

UProfit Prop Firm Payment Methods

UProfit offers a variety of payment methods to accommodate traders from different regions:

  • Credit/Debit Cards: Visa, Mastercard
  • E-wallets: PayPal
  • Bank Transfer: Wire transfers are available for larger amounts
  • Cryptocurrencies: Bitcoin, Ethereum, and select other major cryptocurrencies

UProfit strives to provide secure and efficient payment options, that traders can easily fund their accounts and withdraw their profits.

UProfit Commission and Costs

Understanding UProfit's fee structure is crucial for traders considering their programs. This platform has no commission, with floating spreads starting from $5 to $10 per contract

UProfit charges no other fees except for the challenge fees that we covered before. The absence of additional trading commissions and the generous profit split can potentially offset initial expenses for consistently profitable traders.

Does UProfit Prop Offer Vast Educational Resources?

Unfortunately, UProfit's primary focus is on providing funded accounts, not on offering education materials. This means that inexperienced traders will have difficulty trading on this platform.

Traders looking for in-depth educational content may need to supplement with external resources like other prop firms, including FTMO and My Funded Next.

UProfit Trust scores

UProfit has garnered significant attention on the Trustpilot, a leading consumer review platform. Here's a snapshot of their current standing:

  • Overall Rating: 4.6/5 stars
  • Number of Reviews: Over 6,000
  • Positive Reviews: Approximately 90% rate UProfit as "Excellent" or "Great"
UProfit Trustpilot score
UProfit has gained positive reviews on Trustpilot website

It's important to note that while Trustpilot scores provide valuable insights, they should be considered alongside other factors when evaluating a prop firm. UProfit's high rating and large number of reviews suggest a generally positive trader experience, but individual experiences may vary.

UProfit Customer Support

UProfit prides itself on providing responsive and knowledgeable customer support. UProfit customer support channels:

  • Live Chat: Available 24/7
  • Email: support@uprofittrader.com
  • Phone Support: +1 (844) 500-4776

Traders generally report positive experiences with UProfit's support team, citing quick response times and helpful resolutions. The availability of 24/7 live chat support is particularly valuable for addressing urgent issues that may arise during trading hours.

UProfit Prop Firm Social Media Channels

UProfit maintains an active presence on several social media platforms:

  • Twitter: https://x.com/uprofittrader
  • Instagram: https://www.instagram.com/uprofittrader/
  • Facebook: https://www.facebook.com/UProfitTrader
  • LinkedIn: https://www.linkedin.com/company/uprofittrader/
  • YouTube: https://www.youtube.com/channel/UCo-c1Fw53EX3ixapFbG9L0g
UProfit YouTube channel
UProfit offers valuable data in their YouTube channel

Following UProfit on these platforms can provide valuable insights, keep you updated on the latest offerings, and potentially connect you with other traders in the UProfit community.

TF Expert Suggestion

UProfitā€™s high Trustpilot score (4.6/5 stars) combined with 100% profit split in favor of the trader for the first $15k makes it an interesting option for prop firm traders.

However, strict daily (2.2%) and maximum loss limits (3%) might force traders to fail in meeting their challenges.

FAQs

Is UProfit regulated?

UProfit is not regulated by major financial authorities but operates under strict US guidelines.

What are the available instruments in UProfit?

You can trade Forex, crypto, metals, energies, and commodities futures in UProfit.

What trading platforms does UProfit offer?

UProfit offers various trading platforms, including NinjaTrader, R Trader, and R Trader Pro.

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