UProfit Review 2024

Jeremy Biberdorf
By: Jeremy Biberdorf
Aug 11, 2023
Disclosure: This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links.
UProfit Review Logo

4.4/5

4.4 rating based on 5 ratings

Learn More

In a Nutshell: Proprietary (prop) trading firms are gaining popularity over time. The reason behind their rising fame lies in the opportunity they present to traders – the chance to engage in market trading using funds provided by these firms.

Despite a general set of expectations surrounding these prop firms, there exist nuances in their operational methods. Each firm strives to provide unique services to attract clients, setting them apart from their peers.

One of these notable firms is Uprofit. Our focus in this UProfit review will be this company for trader’s unique offerings, trading regulations, various account sizes, and more.

We will take an in-depth look at all the vital details that might help you understand everything about Uprofit. So, let’s jump right in!

Service TypeFeesPromotion
Prop FirmVariableUse code: FEB50 for 50% OFF on all programs! [Exp 02/29/24]
Pros & Cons
Pros
  • Great reputation
  • Easy-to-understand rules
  • Able to get funding up to $200K
  • Limited fees
Cons
  • Only deals with futures
  • Cannot have more than two accounts

UProfit Overview

Initial Capital $9000 – $200000
Price Range $62.3 – $406
Profit Split50% to 80%
Daily Loss
Max Drawdown8.9%-2.5%
Profit Target10% – 5%
Tradable Products Futures

What Is UProfit?

Uprofit Trader is a prop trading company hailing from the Lone Star state, Texas, United States. The team at UProfit is super helpful and knowledgeable when it comes to helping traders with serious backing and support. That means if you want to take your trading game to the next level and snag some extra capital, these guys are the ones to watch.

They have this slick one-step verification deal that’s as easy as pie. And they offer funding that can go up to a whopping $200,000. So could this be your golden ticket to scale up your trading journey? Let’s keep going and see what features and benefits this trading company offers.

External UProfit Review & Ratings

SiteRating
Trustpilot4.7 from 5,965 reviews
Online Prop Trading4.7
Forex Broker Report4.5

Here are some reviews from traders who have experienced the platform firsthand:

“Undoubtedly the best firm in the market with there new program is a game-changer that has greatly enhanced my trading experince. Proud to be a part of Uprofit trading firm that values excellence.”
“In my opinion the best futures prop firm, and I’ve tried almost all the “popular” ones. Freedom account is by far their best product, they customer service answers emails within the hour most of the time faster, and they quick process payouts. Do have a new consistency rule, but to stop the gamblers lol. Here to stay with U-profit, only thing I would change is the max allocation in which we can copy trade but that’s it!”
“I’ve been working with UProfit for quite a long time. I had an evaluation accounts and now I am trading on a 50K live account for 2 months. I must confess that my experience with UProfit is just beyond any possible expectations! General support is extremely quick and effective. The setup of my live account was quick and simple. Payouts are very fast, and the payout department is always effective and helps a lot, especially Will. I really can say only good words about UProfit team and honestly recommend this company to traders!”
“Quick responses and they were friendly with their responses. Had a good customer experience from this team and they outperformed the time frames they provided to me each time I needed to wait for something.”

Features of UProfit

Let’s dig into what makes Uprofit Trader stand out from the crowd. In this features section, we’ll take a closer look at the key elements that set Uprofit apart and make it a prime choice for traders looking to level up their game. From their educational resources to their funded trader programs and some nifty extra perks, Uprofit is bringing a whole package to the table.

  • Free Data Feed: Compatible with platforms supporting Rithmic Data.
  • No Ninja Trader 8 Licensing Fees: Whether in evaluation or funded accounts.
  • No Monthly Fees: Once funded, trade without worrying about ongoing costs.*
  • Fast Withdrawals: Processed within 24 hours on weekdays; no special requirements.
  • Profit Share: Enjoy 100% of the first $8,000 in profits, giving you an early taste of success.
  • Multi-Account Trading: Manage up to 3 accounts under one login, with a total cap of $600,000.
  • Micro Contracts: Equivalent to 1/10 of e-mini contracts, offering flexibility for scaling.
  • News Event Freedom: Trade news events without restrictions or special rules.
  • Small Setup Fee: A one-time assignment fee to kickstart the account, far outweighed by potential savings on monthly payments.
  • Ready to dive into trading with these awesome features?

* Note: There’s a minor one-time setup fee, which is much less than cumulative monthly fees.

UProfit Review on Pricing

Alright, check out UProfit’s slick evaluation plans – they’ve got four killer options, each running for a minimum of 5 trading days. Here’s the lowdown in a nutshell:

Basic Plan:

  • Account: $9k
  • Monthly Fee: $89 (until funded)
  • Ideal for: Newbies diving into trading
  • Profit Target: $900
  • Contracts: Max 5 (50 micros)
  • Daily Loss Limit: $350
  • Pro Drawdown: $800

Advanced Plan:

  • Account: $50k
  • Monthly Fee: $160 (until funded)
  • Perfect for: Those aiming for more significant profits
  • Profit Target: $2,500
  • Contracts: Max 6 (60 micros)
  • Daily Loss Limit: $1,100
  • Pro Drawdown: $2,000

Elite Plan:

  • Account: $100k
  • Monthly Fee: $315 (until funded)
  • Tailored for: Traders gunning for solid income
  • Profit Target: $6,000
  • Contracts: Max 12 (120 micros)
  • Daily Loss Limit: $2,200
  • Pro Drawdown: $3,000

Premium Plan:

  • Account: $200k
  • Monthly Fee: $580 (until funded)
  • Perfect for: The go-getters ready to cash in big
  • Profit Target: $10,000
  • Contracts: Max 20 (200 micros)
  • Daily Loss Limit: $4,000
  • Pro Drawdown: $5,000

So, if you’re all about stepping up your trading game, UProfit’s got these awesome programs for you. Choose the option that works best for you and start making those trading dreams a reality!

How Does UProfit Work?

UProfit Trader Funding has some ground rules, and they’re here to ensure you’re on top of your trading game. Here’s the scoop in a straightforward manner:

  • Active Trading Days: You must clock in at least ten active trading days during the qualification period. Get that hustle on!
  • Trading Hours: Trades should be wrapped up within the same trading day – no overnight holding. However, you’re good to go when it comes to major economic news.
  • Daily Loss Limit & Drawdown: Each account type has its own daily loss limit, and there’s also a maximum trailing drawdown. No worries, though – UProfit updates your drawdown at the end of each trading day. It’s like a clean slate for a fresh start.
  • Respect Your Size: Stay within your maximum position size according to your chosen account. But here’s the kicker: Your account could be liquidated if you accidentally exceed your loss limits or max contract size within a trading day. Ouch! But don’t fret – you can hit the reset button for a small $99 fee.
  • Trading Variety: You’ve got options galore! UProfit lets you trade products from major exchanges like CME, NYMEX, COMEX, and CBOT. That means you can dive into indices, metals, forex, and energy futures. Plenty to keep you busy!
  • Data Feed Covered: No need to fret about data feed fees – they’re part of the initial account costs. No surprise charges here!
  • Qualification is Key: To nail that evaluation process, you’ve got to have a solid trading approach. Here’s where UCT futures trading course steps in – they’ve got comprehensive learning materials that cover everything you need, plus one-on-one guidance to help you pass the UProfit qualification with flying colors.

Who is UProfit For?

UProfit Trader is basically tailor-made for a bunch of different trading enthusiasts. So, if any of these sound like you, pay attention:

  • Newbies on the Block: If you’re just stepping into the trading world, UProfit’s got a spot for you. Their Basic plan is like a comfy entry point, perfect for those who are still getting the hang of things.
  • Profit Hunters: If you’re all about those green digits, UProfit’s Advanced plan might just be your jam. It’s designed for folks looking to rack up some more serious profits.
  • Income Seekers: Are you considering trading as a legit income stream? The Elite plan is calling your name. It’s for those who want to make real moolah from their trading skills.
  • Maximizers of Everything: Are you in the business of going big or going home? The Premium plan is for go-getters who want to maximize their earnings in the fastest way possible.

UProfit Review – Final Thought

Suppose you’re ready to dive headfirst into the exciting world of trading. In that case, UProfit Trader has some seriously tempting programs catering to all kinds of traders – from the newbies eager to learn to the profit-hunters seeking bigger gains and even the income warriors looking to turn their skills into a paycheck.

With flexible options, clear rules, and many benefits like multiple accounts, risk management, and trading during news events, UProfit’s got your back. So, what’s the next move?

Simple – hit up UProfit and see how they can take your trading game to the next level. Don’t miss out on this chance to scale up your trading journey with UProfit. Ready to roll? Click here to check them out now!

Save 50% with the coupon code: ‘FEB50’ on UProfit Trader!

Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. He’s a father of 2 beautiful girls, a dog owner, a long-time online entrepreneur and an investing enthusiast.

Use code: FEB50 for 50% OFF on all programs! [Exp 02/29/24]Save 50% on UProfit Today!