uprofit

Uprofit Trader is a proprietary trading firm headquartered in the United States, specifically registered at 8 The Green STE B, Dover, DE 19901, Kent County. Founded in 2019, the company operates without any verified regulatory license, positioning itself as an unregulated entity in the prop trading space. The firm targets retail traders seeking access to capital for trading futures and other instruments via the NinjaTrader platform.

Uprofit offers a range of evaluation programs designed to fund traders who meet their performance targets. The company's business model involves traders purchasing an evaluation account, passing a set of trading rules, and then being eligible for a funded account with profit-sharing. The broker emphasizes a fast payout process, claiming to process withdrawals within 24 hours of a successful request.

Uprofit Trader holds no licenses from any established regulatory authority. The company is not registered with the Commodity Futures Trading Commission (CFTC) or any other US or international financial regulator. This means that traders using Uprofit have no access to regulatory protections such as compensation schemes or dispute resolution services. The firm's 75/100 FXCanary Scam Risk Score indicates a severe risk level, driven by the absence of regulation and a high volume of unresolved complaints.

Despite the company's claims of a simple payout policy, aggregated industry data shows a significant number of negative reviews concerning withdrawals and account closures. Traders should approach this broker with extreme caution and consider the lack of oversight as a critical factor in their decision-making.

Uprofit offers three main account plans with varying minimum deposits: Plan 1 ($50,000), Plan 2 ($100,000), and Plan 3 ($150,000). Each plan allows traders to trade on NinjaTrader with a static drawdown model, meaning the maximum loss from the starting balance is fixed. The company does not disclose specific leverage, spreads, or commissions, but emphasizes that the accounts are designed to be straightforward with no hidden fees.

The broker also promotes Zero Accounts, which it claims have no trading restrictions beyond not letting the balance fall below the drawdown limit. These accounts are marketed as ideal for traders who want a simple rule set. However, user reviews indicate that the daily loss limit rule is strictly enforced, leading to account breaches even if the overall drawdown is not exceeded.

Uprofit does not publicly specify deposit or withdrawal methods, leaving traders to discover these details only after signing up. The company claims to process payouts within 24 hours and offers an 80% profit share on the first payout, which increases with subsequent withdrawals. While some positive reviews confirm receiving payments promptly, a substantial number of negative reviews report that withdrawals were denied or delayed after meeting all stated conditions.

Many users describe a pattern where Uprofit changes rules retroactively or closes accounts for alleged violations such as copy trading or VPN use, resulting in withheld funds. The contradictory experiences suggest that while some traders do get paid, others face significant barriers, making the withdrawal process unpredictable.

Customer support is a mixed area for Uprofit. On one hand, many positive reviews highlight efficient, quick, and helpful support staff who resolve issues promptly. On the other hand, negative reviews describe support as unresponsive or dismissive when problems arise, such as trade errors or account blocks. The company operates a Discord community, but some users report being banned from the server after raising complaints.

The overall user experience is clouded by frequent complaints about platform stability, particularly the TradingView integration freezing during trades. Additionally, the strict enforcement of the daily loss limit—where accounts are permanently breached rather than temporarily paused—has drawn criticism from traders who find this rule unusually harsh compared to other prop firms.

Uprofit primarily targets retail traders who are looking for funded trading opportunities with low upfront costs, especially through promotional discounts on evaluation accounts. The static drawdown model appeals to traders who prefer a clear risk boundary. However, the firm's unregulated status and the high volume of negative feedback about payouts make it unsuitable for risk-averse traders or those who prioritize fund security.

The broker may suit experienced traders who are confident in their ability to strictly follow the daily loss limit rule and who are willing to accept the risk of unexpected account closures. For most others, the severe scam risk score and regulatory gap should serve as a strong warning.