Swiss Firmup
Launched February 2026 — too new to have any track record. Its own French-language site does not name a clearing firm; a named route to real FCMs (Sweet Futures or Dorman Trading) appears only in the launch press release, not in on-site rules.
A genuine differentiator worth noting: it explicitly offers no CFDs, only regulated futures markets (CME, EUREX, COMEX, CBOT, NYMEX). No funded consistency rule is stated, and the end-of-day drawdown does not worsen when funded.
Not enough published data to simulate this firm’s floor.
This firm publishes its floor by account size — see the cited table below.
Judged, clean of all seven hard bars, and the scorecard still came in under the bar. Nothing here is an accusation — it is a firm we would not open an account with, and the card says on which axes it fell short.
Scorecard
10Trails on daily closes only, then freezes at your starting balance
A named company, but no financial regulator anywhere — or a light-touch one only
A per-request cap well below the account size
Two official channels disagree on a number that matters
Under a year, or too few reviews to mean anything
Each axis is scored 0–5 against a published scale. The line under each bar is the rung this firm landed on — not our summary of it, the scale entry itself.
Plan by plan
2 of this firm’s challenges were read plan by plan, with a citation behind every answer. See them side by side →
EOD drawdown ($2K–$3.5K) that freezes at starting balance. $49–$201 fee plus $99 funded activation. 50% consistency in eval only, none when funded. 90% profit split, payouts from 5 profitable days.
Bundled all-inclusive path: $119–$249 evaluation fee with funded activation included ($0). Identical EOD drawdown ($2K–$3.5K) freezing at starting balance, 50% consistency in eval only, 90% profit split.
Trustpilot
We found no Trustpilot profile for this firm.
What this firm published
Everything below is quoted from a page we opened, on the date shown. The quotes are in the firm’s own language, exactly as published — never edited, never shortened, never swapped for a translation. On the Spanish edition our own rendering appears underneath each one, unquoted and marked as ours: the quotation marks on this site mean the words are the firm’s, and nothing we wrote ever wears them. Where we have not read enough to put a number on an axis, we say so instead of guessing.
1/5
Can you even pass?
Almost nobody who pays for an evaluation ever reaches a funded account, so this is the part of the product most customers actually buy. Every firm advertises its profit target; none of them advertises that target next to how much you are allowed to lose while chasing it.
3/5
Can you keep the money?
The drawdown takes the account away; the payout rules take the money. Answered by whichever of the two we can measure and is worse — they are two ways of losing the same thing, so a good half cannot pay for a bad one.
3/5
Is anyone behind it?
A named company, a market, and rules you could read before paying. These three do not substitute for one another — a company you can sue does not stop existing because the account is a simulation — so this is the average of the ones we could measure, not the worst.
How hard the test is
Not the profit target on the sales page — that target measured against the room you are given to reach it.
How much you must win to survivefor every $1 you are allowed to lose, you must make $1.52.40/8
“50K
Evaluation 30 days · one-time payment
$119 Restart $89
Profit target $3,000”A profit target only means something next to the room you are given to reach it. Ten per cent to make against ten to lose is a coin flip sold as an exam.
Days you have to finish30 days1.05/3
“The evaluation is limited to 30 days and requires meeting the targets, the EOD drawdown and the consistency rule.”A deadline turns a test of skill into a test of whether the market happened to move during your month.
Trading days you must put inThey do not say.0/2
we read the page that should answer this and it does not
Cuts both ways: it costs you time, and it also stops an account passing on one lucky afternoon you could never repeat.
A second attempt costsa second attempt is discounted1/2
“If you exceed the loss limits (max drawdown), your account is revoked. You can retake the evaluation or use a discounted Restart at any time.”A free second attempt turns one bad week into a delay instead of another invoice.
Profit target6%—
“50K
Evaluation 30 days · one-time payment
$119 Restart $89
Profit target $3,000”Maximum loss
The loss limit that closes your account. Does it sit still, or does it climb behind you as you win?
What makes the loss limit riseit rises with the day's closing balanceno change1.65/3
“The EOD drawdown is recalculated at the close of each trading session:
It stays unchanged during the entire next session.
If your balance reaches or falls below this level, your account is liquidated.
When a new profit high is reached at the session close, the drawdown level is adjusted on realized profits only (unrealized profits excluded).”A limit that climbs takes back the cushion you already earned.
Where the limit stops risingat your starting balance3/3
“The level stops rising once it reaches the account's starting balance: your risk then becomes fixed.”The difference between a danger with an end date and one that never ends.
What the limit is measured againstthe day's closing figureno change2/2
“The level is checked against the closing balance: if it is reached or crossed at the close the account is revoked, but never on an intraday dip.”Decides whether a trade that dips and recovers can close an account that ended the day green.
What taking a payout does to the limitnothing — the limit stays where it was, down to the balance the account opened with2/2
“The level stops rising once it reaches the account's starting balance: your risk then becomes fixed. That is when the account is easiest to manage: you know your permanent floor and every payout is taken above it.”Taking your money out should not leave you closer to losing the account.
Daily limitThey state there is none.no change2/2
“0
Max daily loss
No daily loss limit. Drawdown is calculated at the end of the day only (EOD).”A generous percentage measured on live equity is not generous — it is the same number with a trapdoor under it.
Total loss allowed4%no change0.25/1
“Account 50K 100K 200K 300K
EOD drawdown 2000 2500 3000 3500”How much room you have. Worth little, because almost every firm offers the same.
Withdrawing
How much can leave the account, how soon, how often — and whether they can say no.
Withdrawals before the account endsThey state there is none.3/3
“There is no limit on the number of payouts.”The cap per withdrawal times how many they allow is the real size of the account. One plan here is sold on a $200,000 banner and closes after five withdrawals of $2,100.
What else a payout changesthe day count starts over1.50/3
“The counter resets to zero after each approved payout and must be reached again.”The floor is not the only thing a withdrawal moves, and the rest of it is never on the same page. Position size, the consistency rule and the share you are paid all reset or shift at some firms, and a trader who checked only the drawdown finds out afterwards.
What breaking the consistency rule costsit delays the payoutThey state there is none.3/3
“A big day raises the target, it does not revoke the account”“Does the rule apply to the funded account? No, only to evaluation accounts.”Weighted by what it costs, not by existing: reading plan by plan, no consistency rule ever closed an account — they postponed the withdrawal.
Can it refuse without giving a reasonThey do not say.0/3
we read the page that should answer this and it does not
“We may decline for any reason” is not a rule, it is the absence of one — it makes every other number on this axis conditional on goodwill.
Days before you can ask for money5 days2/2
“From 5 distinct profitable days during the cycle, request your payout from the Dashboard, section “Withdrawal” : minimum $200, up to 50% of the balance, paid within 1 to 8 business days via RISE.”How long your money is theirs.
Most one withdrawal can pay you1.2% of the account, at worst0/2
“Account size Maximum per payout
50K $2,000
100K $2,500
200K $3,000
300K $3,500”$2,000 is generous on a $25K account and a joke on a $200K one, so it is measured as a share and at the worst size sold.
Profit required before the first requestThey do not say.0/1
we read the page that should answer this and it does not
How much you have to make before you can touch anything.
Fee charged to pay youThey do not say.0/1
we read the page that should answer this and it does not
What they charge you to pay you.
Does that cap rise with the account
How you may trade
Can you trade the way you actually trade — around the news, over the weekend, at the size and speed you use?
Restriction around the newsThey state there is none.no change—
“Trading allowed during economic releases”Mandatory stop-lossThey do not say.no change—
we read the page that should answer this and it does not
Minimum time a trade must be heldThey do not say.no change—
we read the page that should answer this and it does not
Forced close before the weekendnothing may stay open over the weekendno change—
“Are overnight positions allowed? No. On our intraday accounts, all positions must be closed no later than 5 minutes before the end of the session.”LeverageNo such thing in this plan.no change—
“Futures only”Limit on position size10 · 15 · 20 · 302 · 3 · 4 · 5—
“Account 50K 100K 200K 300K
Profit target 3000 5000 7000 9000
Consistency 50% 50% 50% 50%
EOD drawdown 2000 2500 3000 3500
Max Mini size 10 15 20 30”“Account 50K 100K 200K 300K
EOD drawdown 2000 2500 3000 3500
Minimum payout 200 200 200 200
Profit split 90/10 90/10 90/10 90/10
Max Mini size 2 3 4 5”No score here, on purpose. The six axes above ask whether the firm can take your money or refuse to pay it. These rules ask something else — whether you can trade your way — and the right weight depends on who is reading: a minimum holding time decides the account for a scalper and is invisible to anyone else, while the weekend rule is the reverse. A single number would be wrong for half of you, and would look decided. The firm’s own sentences are here; the judgement is yours.
How hard the test is
Not the profit target on the sales page — that target measured against the room you are given to reach it.
How much you must win to survivefor every $1 you are allowed to lose, you must make $1.52.40/8
“50K
Evaluation 30 days · one-time payment
$119 Restart $89
Profit target $3,000”A profit target only means something next to the room you are given to reach it. Ten per cent to make against ten to lose is a coin flip sold as an exam.
Days you have to finish30 days1.05/3
“The evaluation is limited to 30 days and requires meeting the targets, the EOD drawdown and the consistency rule.”A deadline turns a test of skill into a test of whether the market happened to move during your month.
Trading days you must put inThey do not say.0/2
we read the page that should answer this and it does not
Cuts both ways: it costs you time, and it also stops an account passing on one lucky afternoon you could never repeat.
A second attempt costsa second attempt is discounted1/2
“If you exceed the loss limits (max drawdown), your account is revoked. You can retake the evaluation or use a discounted Restart at any time.”A free second attempt turns one bad week into a delay instead of another invoice.
Profit target6%—
“50K
Evaluation 30 days · one-time payment
$119 Restart $89
Profit target $3,000”Maximum loss
The loss limit that closes your account. Does it sit still, or does it climb behind you as you win?
What makes the loss limit riseit rises with the day's closing balanceno change1.65/3
“The EOD drawdown is recalculated at the close of each trading session:
It stays unchanged during the entire next session.
If your balance reaches or falls below this level, your account is liquidated.
When a new profit high is reached at the session close, the drawdown level is adjusted on realized profits only (unrealized profits excluded).”A limit that climbs takes back the cushion you already earned.
Where the limit stops risingat your starting balance3/3
“The level stops rising once it reaches the account's starting balance: your risk then becomes fixed.”The difference between a danger with an end date and one that never ends.
What the limit is measured againstthe day's closing figureno change2/2
“The level is checked against the closing balance: if it is reached or crossed at the close the account is revoked, but never on an intraday dip.”Decides whether a trade that dips and recovers can close an account that ended the day green.
What taking a payout does to the limitnothing — the limit stays where it was, down to the balance the account opened with2/2
“The level stops rising once it reaches the account's starting balance: your risk then becomes fixed. That is when the account is easiest to manage: you know your permanent floor and every payout is taken above it.”Taking your money out should not leave you closer to losing the account.
Daily limitThey state there is none.no change2/2
“0
Max daily loss
No daily loss limit. Drawdown is calculated at the end of the day only (EOD).”A generous percentage measured on live equity is not generous — it is the same number with a trapdoor under it.
Total loss allowed4%no change0.25/1
“Account 50K 100K 200K 300K
EOD drawdown 2000 2500 3000 3500”How much room you have. Worth little, because almost every firm offers the same.
Withdrawing
How much can leave the account, how soon, how often — and whether they can say no.
Withdrawals before the account endsThey state there is none.3/3
“There is no limit on the number of payouts.”The cap per withdrawal times how many they allow is the real size of the account. One plan here is sold on a $200,000 banner and closes after five withdrawals of $2,100.
What else a payout changesthe day count starts over1.50/3
“The counter resets to zero after each approved payout and must be reached again.”The floor is not the only thing a withdrawal moves, and the rest of it is never on the same page. Position size, the consistency rule and the share you are paid all reset or shift at some firms, and a trader who checked only the drawdown finds out afterwards.
What breaking the consistency rule costsit delays the payoutThey state there is none.3/3
“A big day raises the target, it does not revoke the account”“Does the rule apply to the funded account? No, only to evaluation accounts.”Weighted by what it costs, not by existing: reading plan by plan, no consistency rule ever closed an account — they postponed the withdrawal.
Can it refuse without giving a reasonThey do not say.0/3
we read the page that should answer this and it does not
“We may decline for any reason” is not a rule, it is the absence of one — it makes every other number on this axis conditional on goodwill.
Days before you can ask for money5 days2/2
“From 5 distinct profitable days during the cycle, request your payout from the Dashboard, section “Withdrawal” : minimum $200, up to 50% of the balance, paid within 1 to 8 business days via RISE.”How long your money is theirs.
Most one withdrawal can pay you1.2% of the account, at worst0/2
“Account size Maximum per payout
50K $2,000
100K $2,500
200K $3,000
300K $3,500”$2,000 is generous on a $25K account and a joke on a $200K one, so it is measured as a share and at the worst size sold.
Profit required before the first requestThey do not say.0/1
we read the page that should answer this and it does not
How much you have to make before you can touch anything.
Fee charged to pay youThey do not say.0/1
we read the page that should answer this and it does not
What they charge you to pay you.
Does that cap rise with the account
How you may trade
Can you trade the way you actually trade — around the news, over the weekend, at the size and speed you use?
Restriction around the newsThey state there is none.no change—
“Trading allowed during economic releases”Mandatory stop-lossThey do not say.no change—
we read the page that should answer this and it does not
Minimum time a trade must be heldThey do not say.no change—
we read the page that should answer this and it does not
Forced close before the weekendnothing may stay open over the weekendno change—
“Are overnight positions allowed? No. On our intraday accounts, all positions must be closed no later than 5 minutes before the end of the session.”LeverageNo such thing in this plan.no change—
“Futures only”Limit on position size10 · 15 · 20 · 302 · 3 · 4 · 5—
“Account 50K 100K 200K 300K
Profit target 3000 5000 7000 9000
Consistency 50% 50% 50% 50%
EOD drawdown 2000 2500 3000 3500
Max Mini size 10 15 20 30”“Account 50K 100K 200K 300K
EOD drawdown 2000 2500 3000 3500
Minimum payout 200 200 200 200
Profit split 90/10 90/10 90/10 90/10
Max Mini size 2 3 4 5”No score here, on purpose. The six axes above ask whether the firm can take your money or refuse to pay it. These rules ask something else — whether you can trade your way — and the right weight depends on who is reading: a minimum holding time decides the account for a scalper and is invisible to anyone else, while the weekend rule is the reverse. A single number would be wrong for half of you, and would look decided. The firm’s own sentences are here; the judgement is yours.
The rules in writing
Could you read the rule before paying, and can they change it afterwards?
Where the rule that binds you is publishedin the document its own contract points at4/4
“These General Terms and Conditions of Sale and Use (the "General Terms" or "T&C") govern all contractual relations between Arcadia Sàrl, CHE-433.761.958, operator of the website https://swissfirmup.com ("Swiss Firmup" or "the Company"), and any natural or legal person using or purchasing the services offered by the Company (the "Client").”If the rule that binds you lives in a help article your contract never mentions, you did not sign it.
Can it change the rules without noticeyes, and it says so0.60/3
“Swiss Firmup reserves the right to amend these General Terms at any time. The applicable General Terms are those in force at the time of purchase or access to the service, except where an amendment is required by law or by a competent authority, in which case it shall also apply to contracts in progress. It is the Client's responsibility to consult the General Terms regularly in order to remain informed of any changes.”The clause that makes every dated verdict perishable, including ours. Near-universal, so not fatal.
Is the binding document datedyes2/2
“Rules in force since August 17, 2026. The French version prevails in case of discrepancy.”Without a date you cannot tell whether the rule you read is the rule they apply.
Two official pages that disagree
the payout terms · costs money
“Withdrawal requests every business day. First payout after 5 profitable days, then every cycle.”“Evaluation from $49, EOD drawdown, first payout from day 10.”whether the account reaches a real market · costs credibility
“CME, CBOT, COMEX, NYMEX. No CFDs, no grey instruments, and a real path to live accounts with regulated US brokers.”“The programs offered by Swiss Firmup rely exclusively on simulated accounts intended for the evaluation of trading skills. No transaction carried out within these programs constitutes a trade executed on a real financial market.”The company behind it
If it goes wrong, which company do you claim against, and under whose laws?
The company you contract withArcadia Sàrlno change4/4
“Official company name: Arcadia Sàrl, a company registered with the commercial register”With no named company there is nobody to sue.
Where it is registeredSwitzerlandno change2/2
“These General Terms are governed exclusively by Swiss law.”A claim in the Czech Republic and a claim in St Vincent are not the same claim.
Its registration numberCHE-433.761.958no change2/2
“UID number: CHE-433.761.958”What turns a name into something checkable in a public register.
That company owns the brandyes2/2
“The website https://swissfirmup.com is owned by the company Arcadia.”Signing with a company other than the brand’s owner separates who sold to you from who answers to you.
The people behind it are namedThey do not say.0/2
we read the page that should answer this and it does not
Named people can be looked up. A company on its own cannot always be.
Almost no firm here has a financial regulator, because selling simulated evaluations is not a regulated activity anywhere. Of the 114 firms we scored by hand, 96 sat in the bottom two rungs of backing for this reason. So we do not count it against anyone — it only adds when a firm genuinely has one.
The market
Do your orders reach a market, or is all of it a simulation?
What the funded account issimulated, with a published route to a live stage2/4
“an interface enabling, upon successful completion of an evaluation program, the transmission of a request to open a live account with a third-party provider.”The question that separates a firm that earns when you lose from one that earns when you last.
Conditions to reach a real marketThey do not say.0/2
we read the page that should answer this and it does not
Promising a route to a real market without publishing the conditions is promising nothing.
Almost none names a broker or a clearing house either, and that follows from the account being a simulation rather than being a second, separate failing. Charging for both would count one fact twice.
We read the rules of every plan it sells and issued a verdict on each one.