UProfit Review: All Pros and Cons of the Prop Firm

Andre Witzel Potrait
Written by: Andre Witzel
Johannes Striegel
Fact checked by: Johannes Striegel
How we make money
Uprofit-Logo
12345
4.5
Rating by Witzel Trading
UProfit Ratings:
Profit Share
4 / 5
Platforms
5 / 5
Support
5 / 5
Tools
4 / 5
Trust Score
90 / 100
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WR Trading has evaluated online trading platforms for over 12 years, earning respect in the industry. We gather extensive data points annually and publish meticulously researched reviews. Our thorough testing process analyzes critical aspects such as usability, fees, customer service, and trading features. We aim to provide unbiased, data-driven assessments to help traders make informed decisions. Learn more about our rigorous testing methodology and why traders worldwide trust our evaluations. Read our review methodolgy.
Facts about the prop trading firm
Free Trial: No
Costs: Monthly fee varies by account size, starting from $89 to $580
Challenge: Basic, advanced, elite, premium, and freedom programs.
Minimum Trading Days: 5 days
Drawdown: $800 to $5,000, depending on account type.
Profit Share: 80%
Minimum Balance: $9,000
Instant Funding: Yes
Withdrawals: Traders can request a withdrawal after achieving only four winning days per payout request. Users receive 100% of the first payout up to $15,000.
Payment methods: Visa/Mastercard, PayPal, PayRetailers, cryptocurrency
Trading Instruments: Futures
Platforms: R Trader, R Trader Pro, NinjaTrader and more
Support: Phone number - +1 (844) 500-4776, Help center, Email (support@uprofittrader.com), Live chat
UProfit Pros And Cons list:
  • Generous profit split of 80%.
  • 100% first payout up to $15,000.
  • No hidden fees.
  • Access to advanced trading platforms: NinjaTrader, R Trader, R Trader Pro.
  • Responsive customer support.
  • Low cost to join.
  • Supports multiple payment methods.
  • Flexible account sizes.
  • Accessible globally.
  • Detailed risk management rules.
  • Not regulated by major financial authorities.
  • Strict risk management rules.
  • Challenge process required to get funded.
  • Minimum withdrawal amount of $100.
  • Limited customer support hours.
  • Profit split reduces after the first payout.
  • High fees for larger accounts.
  • Requires consistent trading performance.
  • Limited promotional offers.
  • No demo accounts for practice.
Visit website Warning: Your Capital is at Risk!

In this review, we thoroughly looked at UProfit, a proprietary trading firm, by testing and analyzing its offerings. Our goal is to provide a clear and detailed understanding of its advantages and disadvantages. We’ll cover everything from account types and funding options to trading platforms and customer support, ensuring you have all the information needed to decide if UProfit is the right choice for your trading needs.

Summary of Our Expert:

Andre Witzel Potrait
Andre Witzel
Trader & Editor-in-Chief
I found that the prop firm offers a range of account types with varying costs, starting from $89 for a 9K account to $580 for a 200K account. UProfit provides straightforward funding options with no upfront challenges, allowing me to begin trading immediately upon account approval. Payouts are processed bi-weekly with an 80% profit split, and withdrawals can be made through bank transfers or electronic payment methods. UProfit is a strong contender for traders like me who are looking for flexible capital and a supportive trading environment.
Write your review about UProfit

5 UProfit Customer Reviews And Ratings

At the moment we have 5 reviews from Traders about UProfit. Of the reviews, 80% are positive and 20% negative. On a star scale of 1 to 5, this results in an average rating of 3.9, which can be classified as positive.
All (5) Positive (4) Negative (1)
User review
12345
4.3
 
Yuumis 29.09.2024
I recently started using Uprofit, and I have to say, it’s been a game-changer for my trading experience. As someone a bit hesitant about trading apps, I was pleasantly surprised by how user-friendly Uprofit is. The interface is clean and intuitive. I could set up my account quickly, and the oonboarding process was straightforward. They have some educational resources too but I don't really use them, could be useful for beginners though!
User review
12345
5
 
RennyD 12.08.2024
Fast payouts and responses. They met all my expectations, and I was able to finish my evaluation successfully, too. Most traders I've met share the same sentiments, which is why I even tried out profit in the first place! Rules seem clear and fair to everyone and even though they may not be as popular as other prop firms, they are definitely a win in my books.
User review
12341
4
 
natalie lim 31.07.2024
This is probably the only prop firm I've used so far that allowed me to withdraw as soon as I got funded and can also withdraw whenever I want. However the downside is that the evaluation monthly fees are higher as compared to the rest. Their evaluations are structured for you to lose but that's because they only really want good traders. They definitely have rules that wouldn't be there if you use your own account but it's what protects their money. Check uprofit out or whatever prop firm you prefer if you don't feel like taking on so much risk
User review
12312
2.3
 
Mark Porpo 29.07.2024
Wouldn't really recommend this as the platform seems to promote letter traders lose their investments. The daily loss limit is basically your entire size of account and they let you test your trades at a price higher than other pro firms. can't really withdraw either especially don't the first day because fo the consistency rules. Data doesn't seem to reflect accurately either.
User review
12341
4
 
Anson L 28.07.2024
One of my favourites. Fast payouts, one time funded fee and reasonable commissions. They do have a daily loss limit that doesn't go away though so there's a limit to how far you can go with the account. Everything else is smooth and fast, support is quick to send contracts and even replies on the weekend. They use data straight from Rithmic so data is definitely accurate. Nothing much to say, will recommend for you to give it a go!

What Is UProfit?

UProfit Review
UProfit Review

UProfit is a proprietary trading firm that allows traders to use its capital to trade in exchange for a share of the profits. Founded in 2019, UProfit’s business model is centered on providing traders with substantial trading capital while managing associated risks. The firm offers a range of account types for different experience levels, from beginner to advanced. 

With UProfit, traders can trade various financial instruments, including forex, stocks, and commodities, without risking their own capital. This setup is beneficial for those looking to leverage their trading skills without significant personal financial risk.

› Sign up for free with UProfit! (Risk warning: Your capital can be at risk)

Is UProfit Legal?

In this section, we will explore UProfit’s legal status, regulatory adherence, and reputation to provide a clear picture of its legitimacy and trustworthiness.

Regulatory Compliance

While UProfit is not regulated by major financial authorities, it operates under stringent internal guidelines to ensure a secure trading environment. The firm adheres to industry standards for proper handling of client funds and transparent business practices to maintain operational integrity.

Reputation and Trustworthiness

UProfit has built a strong reputation in the trading community for its integrity and reliability. Despite the lack of formal regulation, the firm has received numerous positive reviews from traders who commend its transparent operations and consistent, timely payouts. Currently, UProfit is rated 4.8 stars from almost 6,000 reviews on Trustpilot. 

Safety and Security

Safety is a top priority for UProfit. The firm employs advanced security measures to protect traders’ personal and financial information. The platform uses SSL encryption and allows users to enable 2-step authentication.

Prop Trading Account Types With UProfit

UProfit offers a variety of account types to accommodate different trading styles and experience levels. Each type has its own set of features, costs, and benefits. In this section, we will provide an overview of these accounts, including their costs and key details.

Account Comparison Table

UProfit Trading Plans
UProfit Trading Plans
The Basic Program
Starting Capital$9,000
Contracts5 contracts
Profit Goal$900
Daily Loss Limit$350
Pro Drawdown EOD$800
Minimum Trading Days5
› Sign up for free with UProfit! (Risk warning: Your capital can be at risk)
The Advanced Program
Starting Capital$50,000
Contracts6 contracts
Profit Goal$2,500
Daily Loss Limit$1,100
Pro Drawdown EOD$2,000
Minimum Trading Days5
The Elite Program
Starting Capital$100,000
Contracts12 contracts
Profit Goal$6,000
Daily Loss Limit$2,200
Pro Drawdown EOD$3,000
Minimum Trading Days5
The Premium Program
Starting Capital$200,000
Contracts20 contracts
Profit Goal$10,000
Daily Loss Limit$4,000
Pro Drawdown EOD$5,000
Minimum Trading Days5
The Freedom Program
Starting Capital$30,000
Contracts2 contracts
Profit Goal$1,500
Daily Loss Limit$0
Max Loss$1,000
Minimum Trading Days5

Choosing the Right Account

When selecting an account type, traders should consider their trading experience, risk tolerance, and financial goals. Beginners might start with the 9K account to minimize initial costs, while experienced traders might prefer the 100K or 200K accounts for greater capital and earning potential. Choose the option that meets your criteria and trading needs.

› Sign up for free with UProfit! (Risk warning: Your capital can be at risk)

The Challenge and Costs on UProfit Explained

Understanding the funding process and associated costs is crucial for traders looking to join UProfit. In this section, we will explain how UProfit’s challenge works, the costs involved, and the steps required to obtain a funded account.

The Challenge and Funding Process

To get funded by UProfit, traders must complete a challenge that tests their trading skills and consistency. This process ensures that only proficient traders manage the firm’s capital. The challenge and funding process includes the following steps:

  • Registration: Select and register for a challenge account type based on trading experience and financial goals.
  • Challenge Period: Trade within the challenge parameters for a specified period and meet the required minimum trading days of 5.
  • Profit Target: Achieve the required profit target within the challenge period. For example, the profit target might be 8% of the starting balance.
  • Listen to the Rules: Follow all risk management rules, including daily and maximum drawdown limits.
  • Verification: UProfit verifies the challenge results and adherence to all rules.
  • Receive Funded Account: Upon successful verification, traders receive a funded account with the specified capital.
UProfit
UProfit

Cost Breakdown

The costs for participating in UProfit’s challenge vary based on the account size. Here is a detailed breakdown of the costs:

  • $9K Account: $189
  • $50K Account: $160
  • $100K Account: $315
  • $200K Account: $580
  • $30k Account: $196

These fees are one-time payments required to enter the challenge and attempt to qualify for a funded account.

› Sign up for free with UProfit! (Risk warning: Your capital can be at risk)

Win Your Uprofit Challenge With WR Trading

Winning the UProfit challenge is no small feat, requiring traders to demonstrate consistent profitability and adhere to strict risk management rules. WR Trading offers a comprehensive course designed to give you the edge needed to succeed. With high-risk reward strategies, scalping techniques, and 1-minute chart trading, you’ll learn to navigate the fast-paced trading environment effectively. 

Good to know

Personal coaching from Andre Witzel, who has over 10 years of trading experience, provides you with tailored guidance and support. Additionally, you’ll benefit from being part of an exclusive trading community where your trades are analyzed, and continuous development is encouraged through webinars and personal contact with professional traders.

Promo Codes for Rebates

UProfit occasionally offers promo codes and rebates to help traders save on initial costs or enjoy other benefits. These promo codes can provide discounts on challenge fees or offer special bonuses. Here’s how you can find and use promo codes for UProfit.

Promo codes for UProfit can often be found through various channels:

  • Official Website: Check the UProfit website for any current promotions or special offers.
  • Affiliate Partners: Some affiliate partners and trading communities may offer exclusive promo codes to their members.

How to Use Promo Codes

Using promo codes for UProfit is straightforward. Here’s a step-by-step guide:

  • Find a Valid Promo Code: Locate a valid promo code through the channels mentioned above.
  • Register for a Challenge: Go to the UProfit website and begin the registration process for the desired challenge account.
  • Enter Promo Code: During the payment step, enter the promo code in the designated field to apply the discount or rebate.
  • Complete Payment: Proceed with the payment after the promo code has been applied to receive the discounted rate or benefit.
› Sign up for free with UProfit! (Risk warning: Your capital can be at risk)

Payouts on UProfit

We tested UProfit’s payout system to see how easy and reliable it is for traders to withdraw their profits. Here’s what we found.

UProfit Live Account
UProfit Live Account

How Payouts Work

UProfit provides a profit split where traders keep 80% of the profits they generate while the firm retains 20%. However, for the first payout, traders receive 100% of their profits up to $15,000. This bonus applies per user, not per funded account. From the second payout onwards, the standard 80% profit split is applied.

Payout Frequency

Payouts on UProfit are processed within 24 hours from Monday to Friday, ensuring traders have quick access to their earnings. Note that holidays are excluded from this timeframe.

Withdrawal Methods

UProfit offers several withdrawal methods. The available methods include:

  • Bank Transfers: ACH transfer or Zelle for US clients
  • PayPal: For convenient electronic payments.
  • Cryptocurrencies: Including USDC (ERC20, Polygon, Solana, TRC20, or Stellar).

Payout Process

The payout process on UProfit is straightforward and involves the following steps:

  1. Request Withdrawal: Traders can request a withdrawal after achieving only four winning days per payout request. These days do not need to be consecutive.
  2. Maintain Balance: Ensure that the best trading day stays below 30% of the total account profit.
  3. Email Request: Send an email within the indicated hours (09:00 ET – 16:30 ET) to payouts@uprofittrader.com with the following information:
    • Full name
    • Live Account Number
    • Amount to withdraw

The minimum amount to request a payout is $100. Once the request is confirmed, the money is deducted and sent to the specified payment method within 24 hours.

Details
How Payouts WorkTraders keep 80% of profits; the first payout is 100% up to $15,000. Standard 80% split applies after.
Payout FrequencyProcessed within 24 hours, Monday to Friday (excluding holidays).
Withdrawal MethodsBank Transfers (ACH/Zelle), PayPal, Cryptocurrencies (USDC – ERC20, Polygon, Solana, TRC20, Stellar).
Payout ProcessRequest withdrawal after 4 winning days, maintain balance, email payouts@uprofittrader.com with details.
› Sign up for free with UProfit! (Risk warning: Your capital can be at risk)

Trading Platforms

We tested UProfit’s trading platforms to see how well they support various trading styles and needs. UProfit provides access to industry-leading platforms: NinjaTrader, R Trader, and R Trader Pro. Here’s what we found.

NinjaTrader

UProfit Ninja Trader
UProfit Ninja Trader

NinjaTrader is a robust trading platform designed for advanced traders seeking comprehensive market analysis tools and efficient trade execution. We tested NinjaTrader and found its charting capabilities to be top-notch, offering a wide range of customizable indicators and drawing tools. The platform supports advanced charting and analysis, which is perfect for traders who rely heavily on technical analysis.

Another standout feature is the platform’s support for automated trading strategies. NinjaTrader allows traders to develop, test, and deploy custom automated strategies, making it ideal for those who want to automate their trading processes. Additionally, the high-performance execution engine ensures that trades are executed quickly and reliably, which is important for high-frequency traders.

R Trader

R Trader is a web-based platform known for its user-friendly interface and powerful features. When we reviewed R Trader, we were impressed by its accessibility and ease of use. Traders can access the platform from any device with an internet connection, making it highly versatile for those who need to trade on the go.

The platform includes a range of advanced charting tools and indicators. One of the significant advantages of R Trader is its low latency execution, which ensures that orders are processed quickly. This is beneficial for day traders who need to take advantage of small price movements.

R Trader Pro

R Trader Pro builds on the features of R Trader by offering more advanced tools and functionalities. During our testing, we found that R Trader Pro provides a comprehensive suite of trading tools that support in-depth market analysis and sophisticated trading strategies. The platform’s enhanced order management features allow traders to execute complex orders with precision.

One of the key benefits of R Trader Pro is its integration with various financial markets, providing traders with access to a wide range of instruments. The platform also offers advanced risk management tools, which are essential for maintaining control over trading activities. Overall, R Trader Pro is suited for professional traders who require advanced features and greater flexibility in their trading activities.

› Sign up for free with UProfit! (Risk warning: Your capital can be at risk)

Which Broker Is Used by UProfit?

UProfit is partnered with Advantage Futures, which provides liquidity to the platform. We contacted UProfit to find out if they have any more broker partners, but we were not given a direct answer. Nevertheless, Advantage Futures is a top-tier brand that has been operating since 2003 and offers the resources UProfit needs.

Taxes on UProfit

When trading with a proprietary trading firm like UProfit, understanding the tax implications is essential. UProfit does not handle taxes on behalf of traders; instead, it is the responsibility of each trader to manage their own tax obligations. Here’s what you need to know about taxes when trading with UProfit.

Tax Responsibility

As a trader with UProfit, you are considered an independent contractor, not an employee of the firm. This means you are responsible for reporting your earnings and paying any applicable taxes in your country of residence. UProfit does not withhold taxes from your payouts, so it’s important to keep accurate records of all your trading activities and earnings.

Business Income

Earnings from trading with UProfit are treated as business income rather than capital gains. This distinction can affect how your income is taxed, depending on your local tax laws. Business income might be subject to different tax rates and deductions compared to capital gains, so it’s important to understand how these rules apply to you.

Support and Education

In our review of UProfit, we looked at the support and educational resources available to traders. We found that UProfit offers comprehensive and responsive customer support alongside valuable educational content. These resources are designed to help traders at all levels succeed.

UProfit Support
UProfit Support

When we tested UProfit’s customer support, we were pleased with the prompt and helpful responses. Whether you prefer phone, email, or live chat, UProfit’s support team is readily available to assist with any questions or issues. 

In addition to customer support, UProfit provides a wealth of educational content. We were impressed with their blogs, which cover a wide range of topics from basic trading strategies to advanced technical analysis. 

Customer Support Options:

  • Phone Support: +1 (844) 500-4776
  • Email Support: Support@uprofittrader.com
  • Live Chat: Access real-time assistance via the live chat feature on the UProfit website.
› Sign up for free with UProfit! (Risk warning: Your capital can be at risk)

Alternatives to UProfit

While UProfit offers a range of appealing features for traders, it’s always good to consider alternatives to find the best fit for your needs. We tested several other prop trading firms to provide you with a comprehensive comparison. Here are four notable alternatives to UProfit: The Trading Pit, Apex Trader Funding, 5%ers, and Leeloo.

The Trading Pit

The Trading Pit as UProfit alternative
The Trading Pit as UProfit alternative

The Trading Pit is another solid choice for traders seeking flexible funding options. This firm stands out for its transparent pricing and straightforward profit splits. We found their challenge process to be user-friendly, making it accessible for traders of all levels. They also offer a variety of account sizes and quick payouts, which are key advantages for those looking to scale their trading activities rapidly.

➔ Sign up for free with The Trading Pit! (Risk warning: Your capital can be at risk)

Apex Trader Funding

Apex Trader Funding as UProfit alternative
Apex Trader Funding as UProfit alternative

Apex Trader Funding is known for its low-cost entry and high-leverage options. During our review, we appreciated its flexible risk management rules and supportive trading environment. Apex offers multiple account types and a simplified evaluation process, making it easier for traders to get started and progress. Its competitive profit splits and reliable customer support further enhance its appeal.

➔ Sign up for free with Apex Trader Funding! (Risk warning: Your capital can be at risk)

5%ers

The 5%ers as UProfit alternative
The 5%ers as UProfit alternative

The 5%ers prop trading firm offers a unique approach by focusing on long-term profitability and consistent performance. We liked their emphasis on low-risk trading strategies and continuous education. Their evaluation process is thorough, but it rewards traders who can demonstrate steady growth and risk management. With their global reach and extensive support network, the 5%ers are a great option for traders aiming for sustainable success.

➔ Sign up for free with The 5%ers! (Risk warning: Your capital can be at risk)

Leeloo

Leeloo as Uprofit alternative
Leeloo as Uprofit alternative

Leeloo is another prop firm that provides attractive funding opportunities with a focus on rapid account scaling. Our experience with Leeloo highlighted their flexible challenge rules and user-friendly platform. They offer generous profit splits and regular payouts, making them an excellent choice for active traders. 

➔ Sign up for free with Leeloo! (Risk warning: Your capital can be at risk)

Conclusion

In our review of UProfit, we found it to be a solid choice for traders. The firm offers a variety of account types, an attractive 80% profit split, and fast 24-hour payouts. UProfit supports top-tier platforms like NinjaTrader and R Trader, ensuring traders have the tools they need. 

While it’s not regulated by major financial authorities, UProfit has a strong reputation for reliability and transparency. With responsive customer support and extensive educational resources, UProfit is well-suited for traders looking to grow their trading careers with minimal personal risk.

Frequently Asked Questions on UProfit:

What Is UProfit?

UProfit is a proprietary trading firm that allows traders to use its capital to trade and share profits. It was founded in 2019 and offers various account types. Traders benefit from substantial trading capital without risking their own money.

Is UProfit Regulated?

No, UProfit is not regulated by major financial authorities. However, it operates under strict internal guidelines and maintains a strong reputation for reliability. Traders can trust their funds are managed securely.

How Do I Get Started With UProfit?

Register for a challenge account and meet the profit targets set by UProfit. You must listen to risk management rules during the challenge. Upon successful completion, you receive a funded account to start trading.

What Trading Platforms Does UProfit Support?

UProfit supports NinjaTrader, R Trader, and R Trader Pro. These platforms offer advanced charting tools and automated trading features. They are suitable for both beginner and experienced traders.

What Is the Profit Split With UProfit?

Traders keep 80% of their profits, while UProfit retains 20%. For the first payout, traders receive 100% of their profits up to $15,000. This incentive encourages new traders to join.

Andre Witzel
Trader and Founder
Andre Witzel is a trader and the founder of WR Trading. He started trading in 2015 next to his bachelor degree in economics. He is specialized on day trading and scalping the S&P500 Index. With high risk reward ratios he developed a strategic approach to beat the market and find the right directions.
Andre Witzel Potrait
Andre Witzel Trader and Founder
Andre Witzel is a trader and the founder of WR Trading. He started trading in 2015 next to his bachelor degree in economics. He is specialized on day trading and scalping the S&P500 Index. With high risk reward ratios he developed a strategic approach to beat the market and find the right directions.
Johannes Striegel
Johannes Striegel
At WR Trading, we adhere to strict editorial guidelines to ensure the publication of current and verified content. Our experienced writers and disciplined review process enable us to provide unbiased reviews and information. We are committed to ensuring that advertisers do not influence our editorial content. Our data-driven methods for evaluating financial products and companies ensure that all are measured equally. We also regularly update older articles with new information. This commitment to unbiased and transparent content is why you can trust us. Read why you can trust us.
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