Uprofit Review 2024: Comprehensive Insights and Analysis

Payout:
UProfit Trading has updated its payout policy as of October 18, 2023, introducing an exciting bonus structure and clear guidelines for traders to access their earnings. Under the new policy, traders are welcomed with a 100% bonus on their first payout, up to $15,000. This generous offer is tailored per user rather than per funded account, demonstrating UProfit's commitment to individual trader success. From the second payout onward, traders will receive 80% of their profits, ensuring a substantial share of their trading accomplishments.

The payout policy also emphasizes the importance of account balance management. Traders are eligible to request a payout after achieving four winning days, which need not be consecutive, per payout request. Additionally, traders must ensure that their best trading day does not exceed 30% of their total account profit to qualify for a payout. For instance, if a trader earns $1,400 in profit over four trading days, with each day's earnings not surpassing $420 (30% of the total profits), they are in a position to request either the full or a partial amount of their earnings.

Payout requests are processed swiftly, from Monday to Friday within 24 hours, excluding holidays. Traders must submit their requests between 09:00 ET and 16:30 ET via email to payouts@uprofittrader.com, including their full name, live account number, and the desired withdrawal amount. The minimum withdrawal amount is set at $100. UProfit offers a variety of payment methods for payouts, including bank transfers within the United States (ACH transfer or Zelle), international bank transfers, PayPal, and cryptocurrencies (USDC) through various blockchains.

It's important to note that payouts are strictly made to the holder of the live account to ensure security and compliance, and requesting a payout does not affect the account's drawdown status. However, should a trader violate any of UProfit's trading rules, their live account will be liquidated, and they will be entitled to 20% of the profits generated at the time of the breach. This policy also applies if a trader opts to liquidate their account at the time of payout without breaking any rules, where they will receive 20% of the profit. This comprehensive payout policy aims to reward successful trading while maintaining fair and transparent practices.

Drawdown:

At UProfit, Drawdown is a critical measure for traders, indicating the maximum reduction in profit from a peak to a trough. This concept helps UProfit evaluate a trader's ability to manage wins and losses within their evaluation program. Pro Drawdown is updated only when an account hits a new high at day's end, allowing traders to operate without the constraint of a trailing drawdown that includes both realized and unrealized gains. Traders can keep track of their Pro Drawdown through their dashboard, noting that the market closes at 4:10 PM ET.

Consider a $100,000 account to understand Pro Drawdown better. If, on day one, a trader closes with $100,000 after peaking at $100,500, the Pro Drawdown is set at $97,000. This threshold remains until the account achieves a new high. For example, if by day five the account closes at $104,000, having peaked at $105,000, the Pro Drawdown adjusts to $100,000.

If the account balance ever drops below the Pro Drawdown limit during the trading day, the account will be immediately closed. This rule underscores the importance of not exceeding the maximum loss threshold set by the Pro Drawdown, a key aspect of UProfit's strategy to encourage prudent trading practices.

Trading Platforms:
UProfit Trading Firm typically offers its traders access to various trading platforms, catering to its trading community's diverse needs and preferences. These platforms are chosen for their reliability, range of features, and ability to provide traders with a comprehensive trading experience. Some of the most commonly used trading platforms in the proprietary trading industry, which UProfit might offer, include:

1. NinjaTrader
2. R | Trader
3. R | Trader Pro

UProfit Trading has implemented a Daily Loss Limit (DLL) policy, which is crucial in fostering discipline among its traders. The DLL is tailored to the size of each trader's account, ensuring that risk management practices are appropriately scaled and adhered to.

Here's a quick overview of the Daily Loss Limits across different UProfit programs:

• The 9K Program has a DLL of $350.
• For the 25K Program, the DLL is set at $500.
• Traders in the 50K Program are looking at a $1,100 DLL.
• The 75K Program comes with a $1,600 DLL.
• In the 100K Program, the limit increases to $2,200.
• The 150K Program has a DLL of $2,500.
• Lastly, the 200K Program features the highest DLL at $4,000.

Exceeding the Daily Loss Limit has immediate consequences. If a trader's losses surpass the specified DLL during a trading session, any open positions will be automatically closed, and the trader's account will also be closed. It's important to remember that the DLL calculation includes fees and commissions, making it vital for traders to closely monitor their loss levels directly through the RTrader platform.



However, all is preserved if a trader hits or exceeds their DLL. UProfit offers a lifeline through the option to apply for a Reset. This allows traders to start afresh, reinstating their account balance and giving them another chance to trade within the prescribed limits.

UProfit Trading has established specific profit targets for traders to meet during their evaluation period, with each Program featuring a distinct goal. Achieving these targets is critical for traders aiming to advance within UProfit's trading environment.

Here are the profit targets set for each Program:

• In the $9K Program, traders must achieve a $900 profit target.
• The $25K Program sets the profit target at $1,500.
• The goal for those in the $50K Program is a $2,500 profit.
• Traders participating in the $100K Program have a profit target of $6,000.
• The most extensive, $200K Program features a $10,000 profit target.



Upon reaching their Program's designated profit goal, traders are encouraged to contact the UProfit Trader Support Team via email at support@uprofittrader.com. This initiates the verification process, marking a significant milestone in the trader's journey with UProfit. This step is essential for traders to move forward and capitalize on the opportunities UProfit offers.

UProfit Trading outlines its withdrawal and account closure policy to guide account holders through the process efficiently and securely.

Withdrawal Policy:

• Withdrawal Limits: Account holders can withdraw funds by the specific terms and conditions outlined for each account type or as per any contractual agreements in place.
• Withdrawal Process: To initiate a withdrawal, account holders are directed to use the designated email channel, payouts@uprofittrader.com.
• Processing Time: The company adheres to standard withdrawal processing times, typically within 24 hours.
• Review of Withdrawals: Withdrawals may undergo additional scrutiny for potentially fraudulent activities, such as hedging or copy trading. Should any transactions raise suspicion, the withdrawal request could be paused or temporarily blocked pending further investigation.

Account Closure Policy:

• Requesting Closure: Account holders wishing to close their account anytime by contacting customer service and ensuring their account balance aligns with the Fair Trade Policy.
• Identity Verification: A crucial step before closing an account is verifying the account holder's identity, a measure taken to secure the integrity of the closure request.
• Outstanding Balance: In cases with an outstanding balance, it will be assessed and processed according to the withdrawal conditions provided to the account holder.

This policy is designed to ensure that the processes of withdrawing funds and closing accounts are conducted transparently and securely, safeguarding the interests of both the account holders and the firm.

UProfit Trading mandates that traders engage in at least 5 business days of trading to ensure a comprehensive assessment of their strategies, consistency, and risk management capabilities. This requirement is designed not only to evaluate the trader's results but also to understand their approach to trading over some time. It's important to note that these trading days do not need to be sequential, offering traders the flexibility to operate within their schedules and according to their strategic plans. This approach allows for a thorough evaluation, ensuring that traders are well-prepared for the challenges of live trading.

Should a trader achieve their profit targets in less than 5 days, UProfit applauds the accomplishment but still insists on completing the minimum trading days. This policy underscores the importance of consistency and risk management over isolated successes. There is no upper limit to the number of trading days, with traders able to continue under their current subscription until they qualify for a Live Account or choose to cancel. Once the requisite trading days are completed and profit goals are met, traders are encouraged to contact the UProfit Trader support team at support@uprofittrader.com to begin the review process, moving one step closer to their trading goals.

UProfit Trading offers a diverse range of program types tailored to meet traders' unique needs and goals at various levels of experience. From introductory accounts designed for newcomers to advanced programs for seasoned traders, each option is crafted to maximize trading potential and success. With a focus on flexibility, risk management, and growth, UProfit's programs provide a solid foundation for traders to enhance their skills and achieve their financial objectives. Whether you're starting or looking to expand your trading horizons, UProfit has a program to suit your journey.

Traders can establish their presence in the Futures market through a program specifically designed for trading CME e-micro contracts, including MNQ, MES, and M2K. With a monthly subscription fee of $89, participants can hone and apply their distinctive trading strategies in a structured environment.

The subscription is renewed every 30 days from the initial payment, ensuring continuous access to the trading platform. The program comes with an account balance of $9,000. It sets forth clear parameters for success: a minimum of 5 trading days, a profit target of $900, a limit of 5 micro-contracts for all open trades, a daily loss limit of $350, and a Pro Drawdown limit of $800. This program opens the door to trading in markets specifically focused on MNQ, MES, and M2K contracts, offering a targeted approach for traders aiming to excel in the Futures market.

Upon successfully navigating the Basic program, traders are poised to escalate their trading journey, managing increased capital, engaging with more contracts, and leveraging greater financial resources. This advancement is facilitated through a monthly subscription priced at $160, which automatically renews every 30 days from the initial payment date.

The enhanced program features an account balance of $50,000 and sets clear benchmarks for traders to achieve:

• A minimum requirement of 5 trading days.
• A profit target of $2,500.
• The ability to trade up to 6 contracts across all open trades.
• A daily loss limit of $1,100.
• A Pro Drawdown limit of $2,000.



This structured approach equips traders with the means to further their trading capabilities, offering a substantial platform for those ready to take on more significant challenges and opportunities in the market.

The Elite account is designed for those ready to showcase their skills as consistent Futures traders. It offers a significant step up for individuals who have successfully navigated the Basic 50K program. This transition signals a pivotal moment, placing traders on the verge of demonstrating their prowess and resilience in the trading world.

With the 100K program, participants engage with a monthly subscription of $315, which renews every 30 calendar days from the initial payment, ensuring ongoing access to trade. This program sets ambitious parameters for traders:

• An account balance of $100,000.
• A requirement of at least five trading days.
• A profit target of $6,000.
• The capacity to handle up to 12 contracts in all open trades.
• A daily loss limit of $2,200.
• A Pro Drawdown limit of $3,000.



These conditions are crafted to challenge and hone traders' abilities, aiming for elite status in the Futures market.

UProfit Trading has introduced the innovative 150K Freedom Program 2.0, distinguishing itself as the only futures evaluation program that operates without a drawdown requirement. This groundbreaking approach allows traders to focus on their strategies without the usual constraints of drawdown limitations.

The program features a monthly subscription cost of $750, with an option for a reset at $175, ensuring flexibility and control over trading activities. Subscriptions are set to renew every 30 days from the first payment date, and traders can unsubscribe at any time through their Dashboard.

What sets the 150K Freedom Program apart is its unique approach to account management. The program eliminates the traditional drawdown, implementing only a minimum account balance requirement of $145,000. This innovative feature ensures that traders' account balances do not fall below this threshold, providing a safety net for more aggressive trading strategies.

The program's parameters are designed to challenge and reward traders: an account balance of $150,000, a minimum of 5 trading days, a profit target of $7,500, a maximum loss limit of $5,000, and the ability to trade up to 8 e-mini contracts or 60 micro contracts. A daily loss limit of $2,500 is set to encourage prudent risk management while striving for the profit target.

The Premium program from UProfit Trading is an exclusive offering tailored for the most accomplished traders aiming to refine their prowess further in the futures markets. This program presents an unparalleled opportunity for traders to demonstrate their consistency and expertise in navigating the complexities of Futures trading.

Enrollment in the Elite program comes with a monthly subscription of $580, which is set to renew automatically every 30 days from the initial payment date, ensuring uninterrupted access to trading platforms and resources.



Designed with ambitious account parameters, the program challenges traders with an account balance of $200,000, encouraging them to meet a profit target of $10,000 within a minimum of 5 trading days. It permits trading up to 20 contracts across all open positions, setting a daily loss limit of $4,000 and a Pro Drawdown threshold of $5,000. These carefully considered settings aim to push traders to fully leverage their skills, fostering an environment where advanced strategies and disciplined risk management are paramount.

It is introducing the Freedom 30K Program from UProfit Trading, a pioneering futures program designed to offer unprecedented freedom to its participants. This unique program eliminates three common constraints: no Daily Loss Limit, no Drawdown, and no Contract Scaling in the Live Account, providing traders with a liberating trading experience.

With a monthly subscription of $196 and an option for a reset at $99, the Freedom 30K Program ensures that traders have continuous access to their trading endeavors, with subscriptions renewing every 30 days from the initial payment. This setup allows traders to focus solely on their strategies and profit generation without the typical restrictions hindering their trading style.

The program sets a new benchmark for trading flexibility, maintaining a minimum account balance requirement to ensure that traders' accounts never dip below $29,000. The account parameters are tailored to encourage strategic trading within this innovative framework:

• An account balance of $30,000.
• A minimum of 5 trading days to qualify.
• A profit target of $1,500.
• The capability to trade up to 2 E-mini contracts or 20 Micros.

This approach fosters an environment where traders can operate more freely and maintains a structure that promotes responsible trading.

The Elite account is designed for those ready to showcase their skills as consistent Futures traders. It offers a significant step up for individuals who have successfully navigated the Basic 50K program. This transition signals a pivotal moment, placing traders on the verge of demonstrating their prowess and resilience in the trading world.

With the 100K program, participants engage with a monthly subscription of $315, which renews every 30 calendar days from the initial payment, ensuring ongoing access to trade. This program sets ambitious parameters for traders:

• An account balance of $100,000.
• A requirement of at least five trading days.
• A profit target of $6,000.
• The capacity to handle up to 12 contracts in all open trades.
• A daily loss limit of $2,200.
• A Pro Drawdown limit of $3,000.



These conditions are crafted to challenge and hone traders' abilities, aiming for elite status in the Futures market.

The Elite account is designed for those ready to showcase their skills as consistent Futures traders. It offers a significant step up for individuals who have successfully navigated the Basic 50K program. This transition signals a pivotal moment, placing traders on the verge of demonstrating their prowess and resilience in the trading world.

With the 100K program, participants engage with a monthly subscription of $315, which renews every 30 calendar days from the initial payment, ensuring ongoing access to trade. This program sets ambitious parameters for traders:

• An account balance of $100,000.
• A requirement of at least five trading days.
• A profit target of $6,000.
• The capacity to handle up to 12 contracts in all open trades.
• A daily loss limit of $2,200.
• A Pro Drawdown limit of $3,000.



These conditions are crafted to challenge and hone traders' abilities, aiming for elite status in the Futures market.

UProfit Trading offers a monthly subscription model to support traders on their journey to achieving their profit goals and transitioning to a Live Account. This subscription automatically renews each month from the date of the initial payment. It will continue to do so until the trader either reaches their profit target and upgrades or opts to cancel the subscription directly from their Control Panel.

Payment for the monthly subscription can be made using Visa, Mastercard, PayPal, cryptocurrencies, or PayRetailers (the latter is exclusively available for LATAM customers). Traders need to remember to cancel their subscriptions at least one business day before the next billing cycle to avoid unwanted charges.

It's crucial to note that monthly billing is not a reset mechanism for any rule violations within the account. Compliance with the program's rules is mandatory, and failing to adhere to them does not automatically cancel the subscription. Traders must manually cancel their subscription from their Dashboard if they wish to discontinue. Canceling the account or the monthly payment option immediately terminates the evaluation program, making the account ineligible for approval.



In case of a rule violation, which will be communicated via email or RTrader, the account will not qualify for program approval. However, traders can apply for a Reset to restore their account and continue with the evaluation, ensuring they still have a path forward. If a trader chooses not to reset their account, it remains active for practice purposes.

For those considering canceling their subscription, there's an important consideration: UProfit offers a free reset for traders upon renewal if they have violated any rules, allowing them to proceed with their evaluation program uninterrupted. This free reset, however, must be requested by the trader and is not automatic. It specifically applies to those whose subscriptions have been renewed and who have incurred a rule violation.

Upon completing the Evaluation Program, traders are poised to activate their Live Account with UProfit. Initiating this next phase requires the signing of a Live Account agreement, accompanied by a one-time assignment fee to cover initial data costs. From then on, UProfit generously absorbs this fee in the subsequent months, ensuring that traders face no monthly fees or charges on their Live Account.

The one-time assignment fee varies depending on the account size, structured as follows: $100 for a 9K Account, $150 for 25K, 30K, and 50K Accounts, $250 for 100K and 150K Accounts, and $380 for a 200K Account. This fee is essential for activating the account, which becomes fully operational with the market's opening.



It's crucial for traders to remember that access to the Live Account is granted only after successfully completing the evaluation process. This ensures that every trader is fully prepared and qualified to embark on live trading, equipped with the necessary skills and knowledge to navigate the markets successfully.

For UProfit traders transitioning to live trading, understanding the operational guidelines is crucial for maintaining a successful trading strategy within the platform's framework.

Trading hours are a fundamental aspect to consider, with the market operational from 6:00 PM Eastern Time (ET) on Sundays until 4:10 PM ET on Fridays. This schedule includes a daily maintenance break from 4:10 PM ET to 6:00 PM ET, during which all positions should be closed.

Traders are granted access to a broad spectrum of markets through CME, NYMEX, COMEX, and CBOT, with a requirement to execute at least one trade per week to stay active. This minimum activity is calculated from the beginning of the trading week at 6:00 PM ET on Sunday to its conclusion at 4:10 PM ET on Friday.

The program facilitates contract scaling to manage and potentially increase profitability while keeping risks in check. This approach dictates that the number of contracts a trader may manage increases incrementally based on their account's performance and balance. For instance:

• 25K Account:
• Up to $1,500 balance allows for a maximum of 2 contracts.
• $1,501 to $2,500 balance increases to 3 contracts maximum.
• Beyond $2,501, up to 4 contracts are allowed.
• 50K Account:
• Starting balance up to $1,500 permits two contracts max.
• From $1,501 to $4,000, the limit extends to 4 contracts.
• After achieving $4,000, 6 contracts can be managed.

Similar scaling rules apply for 100K, 150K, and 200K accounts, each with thresholds for contract increments based on account balance milestones.



Micro E-Mini contracts also have specified maximums per account size, ranging from 5 for a 9K account up to 80 for a 200K account, equating ten E-Micro contracts to one E-Mini contract.

Risk management is emphasized through daily loss limits and Pro Drawdown calculations, which only account for profits at the end of the trading day and adjust with new account balance highs. Violating these risk management rules or any other trading guideline results in immediate account closure, necessitating a new evaluation to demonstrate the trader's ability to adhere to UProfit's trading parameters effectively.

UProfit invites traders to delve into the Futures Market through a program designed to let them test their trading skills without risking their own capital. This opportunity is perfect for those seeking to gain experience and refine their strategies in a controlled environment.



The program is initiated with an assignment fee of $100, setting the stage for traders to embark on their journey with a clear understanding of the financial commitment involved. For detailed rules on operating a Live Account under this program, UProfit provides comprehensive resources, ensuring traders are well-informed before starting.

Key account parameters are established to guide traders through their trading activities, promoting discipline and strategic planning. These include:

• A minimum trading volume of one trade per week, encouraging consistent market engagement.
• A Daily Loss Limit set at $350, designed to instill prudent risk management practices.
• A Pro Drawdown threshold of $800 helps monitor and manage the account's risk exposure effectively.
• The ability to trade up to 5 Micro E-Mini contracts offersexibility in trade size and risk.

This structured approach allows traders to confidently navigate the futures market, focusing on skill development and strategic execution without the immediate pressure of capital loss.

UProfit is excited to introduce a groundbreaking futures program designed to liberate your trading potential: the 25K Drawdown Killer account, featuring a unique static drawdown mechanism. This innovative approach is tailored for traders navigating the futures market with a predefined risk threshold.

An assignment fee of $150 sets the stage for traders to access this specialized account, which has various features to enhance the trading experience. The standout rule of this program is its static drawdown of $2,000, ensuring that the account's risk level remains constant at $23,000.

For a comprehensive overview of the rules governing the operation of a Live Account within this program, UProfit provides detailed resources to ensure traders are fully informed and prepared.

The account parameters set forth include:

• An initial account balance of $25,000 offers a solid foundation for trading activities.
• A requirement of at least one trade per week, promoting regular market engagement.
• A static drawdown limit of $2,000 provides a clear risk management boundary.
• A daily loss limit of $1,000 further emphasizes prudent trading practices.

Contract scaling is strategically implemented to support growth, with maximum contract limits set based on account performance:

• Up to $1,500 balance allows for a maximum of 2 contracts.
• With a balance of $1,501 and $2,500, traders can scale up to 3 contracts.
• Beyond a $2,501 balance, up to 4 contracts are permissible.



Additionally, traders can manage up to 20 Micro E-Mini contracts, offering flexibility in how they choose to trade. This program is designed for those looking to push the boundaries of their trading strategies within a structured and risk-managed environment.