Unveiling the Potential of UProfit Funding Trader
UProfit funding, a leading independent trader headquartered in Texas, USA, has attracted the attention of traders looking for future market trading opportunities In this comprehensive analysis, we examine the challenges of UProfit, find out what in delivery, accounting systems, pricing policies, and so on.
Table of Contents
Understanding UProfit Funding:
Uprofit operates as a prop trading company, empowering traders to engage in futures trading on a range of assets including equities, foreign exchange, agri-energy, interest rates and metals in futures markets. And the traders are funded by Pro Trading Partners LLC, a proprietary trading firm.
Size and price of the account:
UProfit offers four different account sizes, or programs, that cater to traders of varying experience and capital needs:
- Basic activity: $9,000 business account for $89/month.
- Advanced Program: $50,000 business account for $160/month.
- Elite plan: $100,000
- merchant account for $315/month.
- Premium Program: $200,000 business account for $580/month.
Restrictions on leverage and trading:
Unlike traditional leverage trading, UProfit operates on a 1:1 basis, with the trading account balance acting as buying power. The maximum number of contracts a trader can trade varies depending on the selected system, ranging from 5 to 20 contracts.
Profit Sharing and Payment Schedule:
UProfit uses a profit sharing system where traders receive a percentage of their profits based on pre-specified data. During the first 40-day period of protection, the profit split is 50/50. After that, merchants keep 80% of their profits, and UProfit keeps the other 20%. In addition, the entire first $8,000 of profit is passed on to You.
Research Policy and Regulations:
Prospective brokers go through a screening process with specific targeted benefits and withdrawal limits based on the chosen program. Key vetting rules include a minimum trading period of 10 days and compliance with profit targets as well as restrictions on withdrawals most appropriate for each account
Platform Compatibility and Hours of Use:
UProfit recommends NinjaTrader as the preferred trading platform, although traders have the ability to use other company-sponsored platforms. Trading hours coincide with the day’s trading schedule, requiring positions to close by 4:10 PM ET.
Customer reviews and reality:
According to Trust Pilot(you can read user reviews in trustpilot), UProfit boasts an excellent 4.8/5.0 rating based on over 6000 surveys, indicating that it is trusted within the professional community Furthermore, UProfit’s legitimacy, and contact information a emphasis on transparency and effective customer service strategies.
Conclusions and alternatives:
In summary, Uprofit offers merchants a compelling opportunity to access credited accounts and trading futures on favorable terms. With a structured research program, competitive pricing and a commitment to business success, UProfit stands as a reputable player in the prop industry
For traders looking for new options, UProfit has several suitable options including Topstep, Apex Trader Funding, The Trading Pit, and Elite Trader Funding.