Illustration of two evaluation paths, one step and two steps, with a rising risk shield line, representing Upcomers' Horizon and Odyssey challenges.
01 What happened

Two new evaluations built around the absence of a consistency rule.

Upcomers has announced Horizon, a one-step evaluation, and Odyssey, a two-step evaluation. Both are CFD programmes. The feature the firm leads with is that neither applies a consistency rule or the Best Day Rule, during evaluation or on funded accounts.

02 What is confirmed

Targets, drawdown, valid days and payouts.

TermHorizon (1-step)Odyssey (2-step)
Profit target9%6% in each of two phases
Daily drawdown3%, evaluation and funded4% in evaluation, 3% once funded
Dynamic Risk Shield6%, evaluation and funded6% across all three stages
Minimum valid days to pass22 in each evaluation phase
Consistency / Best Day ruleNoneNone

Upcomers describes the Dynamic Risk Shield as tracking the highest equity achieved, moving only upwards and stopping at the initial balance. A trading day is "valid" when a profit of at least 0.5% of the initial balance is realised.

Payout conditions, as Upcomers states them:

  • ✓Valid days needed before payouts: 3 for accounts up to $50,000, 4 for accounts from $50,000 to $200,000, and 5 for accounts above $200,000.
  • ✓A minimum profit of 3% of the initial balance is required before each payout, including between payout cycles.
  • ✓The first payout can be requested 14 days after the funded account starts, and further payouts are available every 14 days.
03 What remains uncertain

Details the announcement does not give.

  • ✓The $50,000 boundary. The report lists "up to $50,000" and "from $50,000 to $200,000", so a $50,000 account falls in both bands. It is not clear whether it needs 3 or 4 valid days.
  • ✓How the Shield works in practice. Upcomers' description reads like a trailing maximum loss that follows peak equity and stops rising at the starting balance. The announcement does not say so in those terms, so that is our reading.
  • ✓Commercial terms. Prices, account sizes, profit split, leverage, instruments and time limits are not given.
  • ✓News trading. The report does not say whether news restrictions apply.
04 Why this matters

A consistency-free rulebook, with its own conditions elsewhere.

Removing the consistency rule and the Best Day Rule from both evaluation and funded stages means one fewer condition on withdrawals. The conditions have moved rather than disappeared, though: traders still need valid days at 0.5% of the starting balance, a 3% profit before every payout, and a 14-day cycle.

The 6% Dynamic Risk Shield and the 3% daily drawdown are the limits that decide survival here. Horizon gives 3% a day throughout. Odyssey is looser in evaluation (4%) and then tightens to 3% once funded.

05 What happens next

What to confirm before buying.

Worth confirming directly with Upcomers before purchase: how many valid days a $50,000 account needs, the price and split for each size, and whether any news or leverage restrictions apply.

06 Comparing your options

If you trade futures rather than CFDs.

Horizon and Odyssey are CFD programmes. If you trade futures and want to compare evaluation terms, it is worth looking at an established futures-focused firm.

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Also asked · Related questions

What traders also ask.

Horizon is a one-step CFD evaluation and Odyssey is a two-step CFD evaluation. Both have no consistency rule or Best Day Rule during evaluation or on funded accounts.
Horizon has a 9% profit target, a 3% daily drawdown and a 6% Dynamic Risk Shield. Odyssey has a 6% target in each of two phases, a 4% daily drawdown in evaluation that becomes 3% when funded, and the same 6% Shield.
Upcomers says it tracks the highest equity achieved, moves only upwards and stops at the initial balance.
A day on which a profit of at least 0.5% of the initial balance is realised. Both programmes need at least two valid days to pass each evaluation phase.
Payouts need 3, 4 or 5 valid days depending on account size, and a minimum profit of 3% of the initial balance before each payout. The first payout can be requested 14 days after the funded account starts, then every 14 days.

DISCLOSURE: Trader Payout is an independent editorial site. Some links here are affiliate links, including for Apex Trader Funding, and we may earn a commission if you sign up. This does not affect our editorial choices, our data, or our verdicts. Futures trading carries substantial risk of loss and is not for everyone. This is general information, not financial, legal or investment advice. Confirm current terms directly with Upcomers before acting.