Unlike other firms, we don’t have a minimum number of days, trading days or unique trades. To pass the Upswing Trading Audition, simply generate a return of 10% in your account while not incurring a daily drawdown of 10% or a maximum drawdown of 10% of the Original Account Balance.

Unlike other prop trading firms that take two business days or more to review and verify your assessment, Upswing will get you into a funded account the same day you pass. After you’ve passed the Upswing Trading Audition, you’ll receive an automatic email notification with your new, live, account credentials followed by a same-day wire transfer to fund the account, subject to the same risk management rules.

First, it’s important to understand that there are two different types of breach: a hard breach and soft breach. A violation of the daily or maximum drawdown constitutes a hard breach. A soft breach occurs if, for example, a trader does not close positions by market close on Friday, or if they place a trade without a stop-loss. If a soft breach occurs, the trade is closed, and the trader can continue to trade.

During the Upswing Trading Audition, in the event of a hard breach, account access will be revoked. If a funded trader incurs a hard breach of the trading rules, trading account access will be revoked. Any profits earned by the trader at that time will be distributed.

In either case, traders can always start again with another Upswing Trading Audition. A 20% discount is available for a repeat audition.

Traders will trade the same account balance as their Upswing Trading Audition. If you traded with $250,000 for the audition, you would also manage $250,000 worth of our capital in your funded trader account.

All Upswing Trading Audition accounts are demo accounts with virtual funding. Upon successful completion of the audition, traders receive login credentials to a live trading account with real funds. Traders are then entitled to 75% of profits generated in the live account.

In order to trade an account with a higher account balance, you can apply for another Upswing Trading Audition Each account is independent and starts with an audition.

So, for example, if you are trading a $100,000 account and wish to trade more, you can apply for a $50,000 account by taking a $50,000 Upswing Trading Audition.

Trading hours are set by individual markets and Upswing Trading has no control over them. Traders can locate the specific trading hours for each product on the trading platform under Specifications. This can be navigated to by right-clicking on any product in the MarketWatch window of the MT4 or MT5 platform and selecting Specifications from the dropdown menu.

​Please note that holidays can have an impact on available trading hours.

We calculate daily loss limit based on the previous day’s end of day balance. For example, if your prior day’s end of day balance was $105,000, your account would breach when your equity reached $94,500

Our Maximum Drawdown is the maximum your account can drawdown before breaching your account. Our Max Drawdown is 10%. This means on a $100,000 Account you cannot draw the account down more then $10,000 and/or below a balance of $90,000.

Traders may have a maximum number of open lots with risk equal to 1/10000 the size of their account.

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Below are the maximum open lots across all pairs that a trader can have at any given time.

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• $50K – Up to 50 Open Contracts (0.5 LOTS)

• $100K – Up to 100 Open Contracts (1.0 LOTS)

• $250K – Up to 250 Open Contracts (2.5 LOTS)

​*We may restrict some instruments to smaller lot sizes. Indexes require large margin and will increase risk. Please refer to your trading dashboard for your current lot limits in real-time connected to your accounts. 

Note: These are the maximum available lots with risk, your account still has margin requirements and you may not be able to trade up to the maximum lots listed above if you do not have the margin available. We also may restrict your lot sizes based on your trading history with our trading firm.

For example, if you are in the $100k plan you will have 100 open open contracts available

In the event that you put on too many trades with risk, then our system will liquidate all trades that currently have risk.

This is only considered a soft breach though, which means, even though you violated the rule, you can continue on trading, and should you reach your 10% profit target (without violating daily or maximum loss limits), you would be upgraded to a live funded account.

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Yes.

In a live trading account with real funds, Upswing Trading allows for the holding of positions overnight. All trades must be closed for the week by 4pm EST Friday.

We do not limit your trading style or strategy, in any way. Whether your strategy involves discretionary trading, hedging, algorithmic trading, or anything else, you can use it with Upswing Trading. The only requirements are adherence to the trading rules.

Traders can execute trades on a variety of instruments — including Forex, cryptocurrency, metals and energy, stock indices and lots of individual stocks. To see the full list of available products, click here.

Forex, Metals, Oils and Indices receive up to 10:1 leverage. Individual stocks receive 5:1 leverage. Cryptocurrencies receive 2:1 leverage.

Traders will have the same live account balance as they chose for the Upswing Trading Audition. Once a trader passes the audition and results are verified, they will be provided credentials to a live account — where they are entitled to 80% of profits generated.

There are no live account upgrade options for account size. Traders should choose the appropriate account size when applying for the Upswing Trading Audition.

Upswing Traders can request a withdrawal every Friday of each week. You are allowed to make (1) request for a withdraw on each Friday. *Note that accounts that are opened and funded on a Friday will receive their first withdraw the following Friday.

When a withdrawal is requested, Upswing Trading will also withdraw its share of the profits and your max trailing drawdown will lock in at your original starting balance.

Example: You have taken an account from $100,000 to $120,000. You then request a withdrawal of $16,000. In this scenario, we would pay you $12,800 and we would retain $3,200. This would also take the balance of the account down to $104,000, and your max loss limit is locked in at $95,000. So, you would have $9,000 maximum you could lose on the account before it would violate the maximum trailing drawdown rule.
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The relationship between a trader and Upswing Trading is based on the contract agreement agreed to by you at the time you sign up for your audition. This agreement is legally binding to both parties.

Yes.

At each 10% profit increment, traders will be presented with the same two options above. Traders can continue scaling all the way up to $1,000,000 in funding.

It’s important to note that if a trader breaches their account at any point in the scaling process, their Audition will be disqualified, and the trader can retry the Audition.

You will trade with the same account balance that you traded in the Upswing Trading Co,. Evaluation. If you traded with $250,000 in the Upswing Trading Evaluation, you would also manage $250,000 in the Upswing Trading Co. Live Account.

To avoid any confusion, please note that all accounts we provide to our clients are demo accounts with virtual funds. After a client becomes an Upswing Trader, he/she is provided with login credentials for a demo account, with the difference that the Upswing Trading Live and/or Express Account is connected to our Proprietary Trading Firm’s live trading account where we generate real cash flow. Clients are entitled to up to 80% of profits generated on the Upswing Trading Account. This solution is much administratively easier and gives us more freedom to actively manage risk.

Trading account dashboards include metrics on: daily loss limit, profit target, maximum loss limit, equity, balance, monthly return and projected annual return. In addition, you’ll have access to a comprehensive account history with all executed trades.

You may apply for the Upswing Trading Audition by choosing your tier here. Upon form submission, you will be directed to the payment page and receive an order confirmation email.

Traders may have multiple funded accounts. We limit (10) accounts per trader.

Within minutes after purchasing an Audition, your account credentials and the platform download link will be emailed to you. If you don’t receive the email, please first check your spam folder and then contact [email protected]

Currently, we accept all major credit and debit cards. We also accept major Cryptocurrencies.

There are a few reasons.

First and foremost, the fee covers various operating expenses for Upswing Trading — including technology platforms, personnel, customer service functions, marketing and all the healthy expenditures that make a company strong.

In addition, the fee ensures that the trader is committed to the process and committed to successful, disciplined trading practices. When a trader has skin in the game, so to speak, they are incentivized to treat their account responsibly and with the utmost care. After all, the fee is but a small token of commitment rewarded with hundreds of thousands of dollars in real capital to trade. The best part of this arrangement for traders is that it is the only capital they risk. Traders cannot lose more than this fee, as losses on a live funded account are covered by Upswing Trading.

The Upswing Trading Audition fee serves as a filter for serious traders. The Upwing Trading community only works when it is comprised of experienced traders that can consistently generate a profit. With limited resources, the Upswing Trading Audition process reveals those who are committed and responsible traders.

At the end of the day, the Upswing Trading program is an extremely valuable service — a win-win for everyone — and the service is accurately priced to support a symbiotic relationship.