Upcomers Perps Review 2026
Upcomers Perps is a United Arab Emirates-based perps proprietary trading firm that has been operating for 3 years. Evaluation accounts start at $190, currently 90% off with code enigma.
Upcomers Perps
Upcomers' perpetuals programs trade crypto, gold, oil, indices, US stocks and forex perps 24/7 on its own platform, filled on Hyperliquid prices (simulated), up to 10x on majors: Thunderbolt and Horizon (1-Step), Odyssey and Phoenix (2-Step) and Vanguard (instant), $2K to $400K, standard 90% split. Its Trustpilot rating is currently withdrawn for a guidelines breach (fake reviews removed).
Affiliate link — FundedEnigma may earn a commission if you sign up, at no extra cost to you. The code enigma applies the firm’s current discount. Disclosure.
Quick Facts
Profit Split
90% standard (80% or 100% chosen at checkout; the price changes)
Max Allocation
$400K per account
First Payout
1 days
Payout Frequency
On request (Thunderbolt, Phoenix, Vanguard) · every 14 days (Horizon, Odyssey)
Company Information
Features & Rules
Payment Methods
Overview
Enigma Rating
100% data confidence
Follows the best-rated of 40 plans, each scored on its own rules and price against plans with the same drawdown type.
Net first payout you can expect per dollar paid in (repeat your eval result once, after the split and any cap; monthly plans count an expected 1.5 months of fees) — vs. every plan in the same market. — ≈ $9.7 first payout / $1 spent · Phoenix Perpetuals 2-Step (4% / 4%) 300K
How much USABLE loss buffer you get for what you pay in — a static drawdown counts in full, an end-of-day trailing one 85%, an intraday trailing one 60% — vs. every plan in the same market. — ≈ $64.5 buffer / $1 spent · Phoenix Perpetuals 2-Step (4% / 4%) 300K
How quickly you reach a first withdrawal — eval days, funded days, the profit buffer and the payout cycle — how cheaply, and how much you can withdraw per month across all allowed accounts before going live. — ≈ 7 trading days to a first payout · $279 all-in · Phoenix Perpetuals 2-Step (4% / 4%) 300K
How few restrictive rules stand between you and getting funded — scored per plan from its own eval and funded rules (static > locking trailing > end-of-day > intraday drawdown, buffer vs target, daily loss limit, consistency, min days, phases). — Friction: Daily loss limit $12,000, 20% consistency rule once funded, 2 evaluation phases · Phoenix Perpetuals 2-Step (4% / 4%) 300K
Reliability: Trustpilot score weighted by how many reviews stand behind it, the trend of the latest reviews, complaint themes and consumer alerts, plus track record (review volume and years operating). — recent 60 reviews average 1.9 · praised: Fast KYC / support · complaints: Payout denials under risk rules, Pending payouts / slow reviews · Trustpilot warns of fabricated reviews on this profile
Rating by plan
All-in price includes the live discount| Plan | Account | Total cost | Value | Cushion | Payout | Ease | Rating |
|---|---|---|---|---|---|---|---|
| Vanguard Perpetuals (Instant) | 2K | $22.90−90% | |||||
| Thunderbolt Perpetuals (1-Step) | 5K | $19−90% | |||||
| Odyssey Perpetuals 2-Step (6% / 6%) | 5K | $32.89−90% | |||||
| Horizon Perpetuals (1-Step, no consistency) | 5K | $37.29−90% | |||||
| Vanguard Perpetuals (Instant) | 5K | $39−90% | |||||
| Phoenix Perpetuals 2-Step (4% / 4%) | 10K | $24.90−90% | |||||
| Thunderbolt Perpetuals (1-Step) | 10K | $29−90% | |||||
| Odyssey Perpetuals 2-Step (6% / 6%) | 10K | $52.69−90% | |||||
| Horizon Perpetuals (1-Step, no consistency) | 10K | $55.99−90% | |||||
| Vanguard Perpetuals (Instant) | 10K | $59−90% | |||||
| Phoenix Perpetuals 2-Step (4% / 4%) | 25K | $44.90−90% | |||||
| Thunderbolt Perpetuals (1-Step) | 25K | $51.90−90% | |||||
| Odyssey Perpetuals 2-Step (6% / 6%) | 25K | $86.79−90% | |||||
| Horizon Perpetuals (1-Step, no consistency) | 25K | $94.49−90% | |||||
| Vanguard Perpetuals (Instant) | 25K | $109−90% | |||||
| Phoenix Perpetuals 2-Step (4% / 4%) | 50K | $69−90% | |||||
| Thunderbolt Perpetuals (1-Step) | 50K | $83.90−90% | |||||
| Odyssey Perpetuals 2-Step (6% / 6%) | 50K | $125.29−90% | |||||
| Horizon Perpetuals (1-Step, no consistency) | 50K | $140.69−90% | |||||
| Vanguard Perpetuals (Instant) | 50K | $169−90% | |||||
| Phoenix Perpetuals 2-Step (4% / 4%) | 100K | $119−90% | |||||
| Thunderbolt Perpetuals (1-Step) | 100K | $139−90% | |||||
| Odyssey Perpetuals 2-Step (6% / 6%) | 100K | $240.79−90% | |||||
| Horizon Perpetuals (1-Step, no consistency) | 100K | $273.79−90% | |||||
| Vanguard Perpetuals (Instant) | 100K | $279−90% | |||||
| Phoenix Perpetuals 2-Step (4% / 4%) | 200K | $199−90% | |||||
| Thunderbolt Perpetuals (1-Step) | 200K | $239−90% | |||||
| Odyssey Perpetuals 2-Step (6% / 6%) | 200K | $424.49−90% | |||||
| Horizon Perpetuals (1-Step, no consistency) | 200K | $462.99−90% | |||||
| Vanguard Perpetuals (Instant) | 200K | $479−90% | |||||
| Phoenix Perpetuals 2-Step (4% / 4%)Best | 300K | $279−90% | |||||
| Thunderbolt Perpetuals (1-Step) | 300K | $329−90% | |||||
| Odyssey Perpetuals 2-Step (6% / 6%) | 300K | $578.49−90% | |||||
| Horizon Perpetuals (1-Step, no consistency) | 300K | $642.29−90% | |||||
| Vanguard Perpetuals (Instant) | 300K | $659−90% | |||||
| Phoenix Perpetuals 2-Step (4% / 4%) | 400K | $359−90% | |||||
| Thunderbolt Perpetuals (1-Step) | 400K | $419−90% | |||||
| Odyssey Perpetuals 2-Step (6% / 6%) | 400K | $742.39−90% | |||||
| Horizon Perpetuals (1-Step, no consistency) | 400K | $822.69−90% | |||||
| Vanguard Perpetuals (Instant) | 400K | $839−90% |
Why the best plan scores well
- +Static drawdown in eval
- +Static drawdown once funded
- +Loss buffer at least as big as the profit target
- +No consistency rule in eval
- +Pass in as little as 1 day
What holds it back
- −Daily loss limit $12,000
- −20% consistency rule once funded
- −2 evaluation phases
- −$3,000 profit buffer before the first withdrawal
- −First payout capped at $3,000
What recent reviews say
- +Fast KYC / support
- −Payout denials under risk rules
- −Pending payouts / slow reviews
- −Trustpilot warns of fabricated reviews on this profile
Trading Platforms
Tradable Assets
Payment Methods
Payout Methods
Key Features
Risk-Reward Profile
Trading Flexibility Score
Based on Upcomers Perps's trading rules, this firm offers a moderate trading environment. Suitable for most trading styles with balanced risk management.
Indicative classification derived from the firm's published rule flags (scalping, news trading, consistency rules, etc.). Not part of the Enigma Score — see our methodology page for how firms are actually scored.
Market Position
Upcomers Perps at a glance
Challenge Plans & Pricing
Cost Calculator
Evaluation vs Funded Account
What Changes When You Get Funded
Key rule differences between evaluation and funded phases
Payout Journey
Pass Evaluation
Complete all evaluation phases and meet profit targets
KYC Verification
Submit identity documents for verification
Receive Funded Account
Get access to your live funded trading account
First Payout Eligible
Meet the minimum trading period before first withdrawal
Request Payout
Submit withdrawal request and receive your profits
Pass Evaluation
Complete all evaluation phases and meet profit targets
KYC Verification
Submit identity documents for verification
Receive Funded Account
Get access to your live funded trading account
First Payout Eligible
Meet the minimum trading period before first withdrawal
Request Payout
Submit withdrawal request and receive your profits
Trading Rules
Trading Permissions
Trading Requirements
Additional Rules
Best-day rule 20% on Thunderbolt, Phoenix and Vanguard (soft: it only delays a payout); none on Horizon and Odyssey.
Evaluation Guidelines
Upcomers' perpetuals programs trade crypto, gold, oil, indices, US stocks and forex perps 24/7 on its own platform, filled on Hyperliquid prices (simulated), up to 10x on majors: Thunderbolt and Horizon (1-Step), Odyssey and Phoenix (2-Step) and Vanguard (instant), $2K to $400K, standard 90% split. Its Trustpilot rating is currently withdrawn for a guidelines breach (fake reviews removed).
Hard breaches: daily loss limit, max drawdown, and the max single-trade loss once funded (0.5%-3% of the size by plan; same-direction positions on one instrument count as one trade). Trades closed in under 2 minutes (tick scalping), one-sided bets, all-or-nothing passes, hedging, HFT, arbitrage, grid and martingale are prohibited; a day counts toward minimum days only at 0.5% profit. Payouts need 1% (3% on Horizon/Odyssey) profit, follow a cap ladder that starts at about 1% of the size, cost $19.90 + 2.49% by bank, and a reset or a declined/partial payout limits that account to 50% payouts. Before you buy: Upcomers' Trustpilot rating is currently withdrawn for a breach of Trustpilot's guidelines (fake reviews were removed), and recent one-star reviews describe payouts denied under its risk rules (max single-trade loss, best-day, trading-day and gambling-behaviour rules) - read the rules carefully.
Trust & Track Record
Reviews & Verdict
The Upside
What we love
Traders keep 90% standard (80% or 100% chosen at checkout; the price changes) of their profits.
Payouts processed within 1 days.
Skip evaluation with instant funding options.
Trade with automated systems and expert advisors.
No restrictions on trading during news events.
The Downside
Room for improvement
Best-day rule 20% on Thunderbolt, Phoenix and Vanguard (soft: it only delays a payout); none on Horizon and Odyssey.
Identity verification required before trading.
High-frequency trading strategies are restricted.
Trustpilot Reviews
View AllTrustpilot Rating
Community Reviews
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Frequently Asked Questions
Support & Contact
About Upcomers Perps
Funded traders keep a 90% standard (80% or 100% chosen at checkout; the price changes) profit split. Capital can scale up to $400K per account. Payouts: On request (Thunderbolt, Phoenix, Vanguard) · every 14 days (Horizon, Odyssey), with a first withdrawal available after 1 days. Risk is managed using the Trailing to the starting level (Dynamic Risk Shield) · static on Phoenix drawdown model, and a consistency rule applies: Best-day rule 20% on Thunderbolt, Phoenix and Vanguard (soft: it only delays a payout); none on Horizon and Odyssey. Trading is available on Upcomers platform (trade.upcomers.com) across Perps, Crypto, Stocks, Indices, Metals. Maximum leverage is Per symbol: BTC/ETH/SOL 10x, other crypto 2x, stocks 4x, indices 10x, metals/oil 8x, forex 25x. Compare Upcomers Perps on FundedEnigma and check out with code enigma to get the firm's current public discount while the sale is attributed to FundedEnigma.
Upcomers Perps plans
- Upcomers Thunderbolt Perps — 5K / 10K / 25K / 50K / 100K / 200K / 300K / 400K, from $19 (90% off) · plan details + video
- Upcomers Vanguard Perps — 2K / 5K / 10K / 25K / 50K / 100K / 200K / 300K / 400K, from $22.90 (90% off) · plan details + video
- Upcomers Phoenix Perps — 10K / 25K / 50K / 100K / 200K / 300K / 400K, from $24.90 (90% off) · plan details + video
- Upcomers Odyssey Perps — 5K / 10K / 25K / 50K / 100K / 200K / 300K / 400K, from $32.89 (90% off) · plan details + video
- Upcomers Horizon Perps — 5K / 10K / 25K / 50K / 100K / 200K / 300K / 400K, from $37.29 (90% off) · plan details + video
Upcomers Perps — Frequently asked questions
- How much does Upcomers Perps cost?
- Upcomers Perps evaluations start at $190 (base price). Use code enigma for the current 90% discount.
- What is Upcomers Perps's profit split?
- Upcomers Perps offers a 90% standard (80% or 100% chosen at checkout; the price changes) profit split.
- What is Upcomers Perps's payout policy?
- Upcomers Perps's payout policy is: On request (Thunderbolt, Phoenix, Vanguard) · every 14 days (Horizon, Odyssey).
- Does Upcomers Perps have a consistency rule?
- Yes — Upcomers Perps applies a consistency rule: Best-day rule 20% on Thunderbolt, Phoenix and Vanguard (soft: it only delays a payout); none on Horizon and Odyssey.
- What drawdown type does Upcomers Perps use?
- Upcomers Perps uses Trailing to the starting level (Dynamic Risk Shield) · static on Phoenix drawdown.
- What are Upcomers Perps's payout rules?
- At Upcomers Perps, payouts are on request (Thunderbolt, Phoenix, Vanguard) · every 14 days (Horizon, Odyssey); the first payout can be requested after 1 day; payout methods are Bank transfer, Crypto (USDT TRC20, USDC ERC20).
By Steve H — reads every firm’s official rulebook, checks prices and codes daily, and maintains the Enigma Score · Methodology · Editorial policy · Last updated October 8, 2026