Welcome to our comparison between Pipcy and Upcomers, where we will compare all the major aspects of each company. We will be looking into the companies themselves as well as the two-step evaluations that both offer to traders from all across the globe.

Company Details

Company Details	Pipcy	Upcomers
Incorporation Date	May 2026	2023
CEO	Omer Ben Matityahu	Jakub Zeliska
Office Location	Limassol, Cyprus	Dubai, United Arab Emirates
Scaling Plan

Pipcy and Upcomers are two reputable and trustworthy proprietary trading firms. Pipcy was incorporated in May 2026 while being managed by their CEO, Omer Ben Matityahu. They have their offices located in Limassol, Cyprus. Upcomers, on the other hand, was incorporated in 2023 while being managed by its CEO, Jakub Zeliska. Additionally, their offices are also located in Dubai, United Arab Emirates.

Funding Program Options

Funding Program Options	Pipcy	Upcomers
One-step Evaluation
Two-step Evaluation
Instant Funding

Pipcy provides their traders with an opportunity to choose between three funding programs to acquire funding, a two-step evaluation, a one-step evaluation, and a unique pip mastery challenge. Upcomers, on the other hand, also allows its traders to choose between fifteen funding programs to acquire funding, three two-step evaluations, three one-step evaluations, three instant funding programs, a time-limited instant account, two futures challenges, and three perpetual challenges.

Two-step Comparison:

Trading Objectives	Pipcy	Upcomers – Phoenix Classic	Upcomers – Surge	Upcomers – Phoenix Legacy
Profit Target (Phase 1)	12%	4%	5%	5%
Profit Target (Phase 2)	6%	4%	4%	5%
Maximum Daily Loss		4%	4%	5%
Maximum Loss	12%	6%	7%	10% (Trailing)
Minimum Trading Days	3 Calendar Days	No Minimum Trading Days	No Minimum Trading Days	No Minimum Trading Days
Maximum Trading Period	Unlimited	Unlimited	Unlimited	Unlimited
Leverage	1:100	1:100	1:100	1:100
Profit Split	80% up to 100%	80% up to 100%	80% up to 100%	80% up to 100%

After covering the trading objectives of each company’s two-step evaluations, let’s take a look at the account sizes and costs of these two-step evaluations.

Account Size	Pipcy	Upcomers – Phoenix Classic	Upcomers – Surge	Upcomers – Phoenix Legacy
$2,500	$34
$5,000	$60
$10,000	$105	$241	$282	$241
$25,000	$209	$395	$472	$395
$50,000	$345	$571	$681	$571
$100,000	$619	$1,099	$1,319	$1,099
$200,000		$1,935	$2,320	$1,935
$300,000		$2,639	$3,167	$2,639
$500,000		$3,959	$4,751	$3,959
$1,000,000		$7,699	$9,239	$7,699
$1,500,000		$11,571	$13,881	$11,571

Brokers & Trading Platforms

Now that we have addressed the trading objectives, account sizes, and costs associated with Pipcy and Upcomers, it’s time to examine the brokers and trading platforms compatible with each proprietary trading entity.

Trading instruments

Another important aspect to compare between proprietary trading firms is trading instruments. In the spreadsheet below, you will be able to learn which trading instrument types can be traded with Pipcy and which with Upcomers.

Trading Instrument	Pipcy	Upcomers
Forex Pairs
Commodities
Indices
Stocks
Cryptocurrencies

Community Feedback

The last topic we will cover is community feedback from Pipcy and Upcomers. The statistics are taken from the Trustpilot page of each of the mentioned companies.

Pipcy has a great rating of 4.2/5. This is out of a total of 65 reviews, where 72% of them are rated as 5 stars. Upcomers, on the other hand, has an average rating of 3.1/5. However, this is out of a total of 554 reviews, where 52% of them are rated as 5 stars.

Conclusion

In conclusion, Pipcy and Upcomers are two incredible choices within the proprietary trading firm industry. We can clearly see there are numerous differences within the compared proprietary trading firms, such as trading objectives, account sizes, costs, and community feedback. In addition, there is also a major difference within the funding programs that each of the companies are offering. Pipcy has a two-step evaluation, a one-step evaluation, and a unique pip mastery challenge, while Upcomers has three two-step evaluations, three one-step evaluations, three instant funding programs, a time-limited instant account, two futures challenges, and three perpetual challenges.

This concludes our comparison between Pipcy and Upcomers. If either of the compared proprietary trading firms sparked an interest, we have prepared a unique discount code, which you can apply while purchasing an evaluation to make it even more affordable!

Pipcy 25% discount code: FOREXPROPREVIEWS

Upcomers 90% discount code: FOREXPROPREVIEWS

Our comparison between Pipcy and Upcomers was last updated on 14.10.2026 at 08:14 (CE(S)T).