What is LifeUpTrading?
LifeUpTrading is a platform service that combines prop trading, which was previously accessible to only a select few, with AI. It provides a simulated trading environment with rules designed to cultivate healthy trading habits. By trading with the provided account, you can contribute valuable data and earn rewards.
What is the difference between a challenge account and a reward account? How many times can I apply?
The rules for trial and reward accounts are the same. However, reward accounts have different target profit amounts (please check the Reward Account Benefits and Application section). You can have up to 5 reward accounts running simultaneously.
I passed the test. What’s the next step?
Congratulations on passing the test! After your account is reviewed, we will send you an email with instructions for the next steps. Account review may take up to 48 hours. Please also check your spam folder.
What happens if I reach the profit target before the minimum trading days with the challenge account?
Since the test is designed to verify not only the ability to reach the profit target but also the ability to generate consistent profit, please continue trading for the remaining period.
What kinds of assets or securities can I trade?
LifeUpTrading offers a variety of trading assets and securities. For more details, please visit the "Testable Assets and Fees" page.
How do I pay taxes on my rewards?
The rewards you receive for providing data are considered compensation for an outsourced service contract from LifeUpTrading. According to tax laws, this compensation is classified as business income and is subject to a 3.3% withholding tax (For Korean Users). This income is subject to comprehensive income tax returns filed in May each year. Users who receive rewards must include this information in their tax returns. Since tax situations vary from individual to individual, please consult your local tax office or a tax professional for accurate reporting.
