Our traders use a demo account with fictitious capital to test their trading skills in real market conditions based on predefined goals and rules.

The goal of simulated trading is to evaluate the trading abilities of Upcomers traders. Successful completion of the Upcomers Challenge allows traders to apply for an Upcomers funded account that offers potential financial rewards based on their performance in simulated trading.

As part of the funded account, traders have access to a simulated demo account with fictitious capital. Nevertheless, traders receive actual financial rewards dependent on the profitability of trades, subject to contractual terms and conditions. The amount of the reward depends on the success rate of trades executed through the Upcomers funded account.

By agreeing to a contract with Upcomers, traders authorise Upcomers to use their trading data for trading in their own account. As all transactions take place in a simulated market, Upcomers cannot directly profit from these trades.

Upcomers executes trades for its proprietary account based on data obtained from accounts funded by Upcomers' clients. Ongoing monitoring and analysis of trades determines whether trades are executed for Upcomers' proprietary account. This execution does not impact Upcomers' clients, ensuring that traders receive rewards from simulated profits regardless of whether their trades were executed in Upcomers' proprietary trading.