OneFunded Review: The One Prop Firm to Fund Them all

When searching for prop firms that offer flexible rules and consistent payouts, OneFunded is a top option for traders. This site allows you to trade account sizes ranging from $2,000 to $200,000, and you can use platforms like cTrader and TradeLocker. Some of the notable features of the firm are no time limits on evaluation and up to a 90% profit split.

If you wish to learn more about OneFunded, we’ve got you covered with all the key details. We’ll provide information on the key features of the prop firm, available evaluation and pricing, trading rules, and more. Continue reading for all the details.

What is OneFunded?

Simply put, OneFunded is a prop firm that backs you with funds to trade the financial market. If you’re a professional trader but you don’t have enough capital, this firm will give you the necessary funding. All you need is to pass their evaluation, and you can receive between $2,000 and $200,000 in trading capital. In return, you get to split profits with the firm.

You can trade many financial markets with OneFunded. The firm supports forex, crypto, global indices, metal, and stock. When trading, you can use platforms like cTrader and TradeLocker, depending on which option you find ideal for your skills.

Key Features of OneFunded

OneFunded has many features that make it stand out from many other top prop firms. Here are some of them:

Up to 90% Profit Split

One of the best aspects of OneFunded is that you can get up to a 90% profit split. You first start with the standard 80/20 split and can then scale up with add-ons. Not many prop firms offer this kind of progression.

No Time Limit

There’s no set time needed to complete your challenge. You can take as long as you want. This rule takes off pressure and allows you to move at your own pace, which is very important in trading.

Fast Payouts (weekly with add-ons)

OneFunded follows a standard payout schedule, but you can use the weekly payout add-ons for an extra fee. If you’re making regular profits and don’t want to wait 2 weeks to receive your money, you can use this feature. 

Helpful Support Team

OneFunded has a responsive email support that’s always available to answer your questions and provide help. If you have any account issues, they’ll help you solve them in no time. The platform also has a Discord community, where you can get support. Moreover, you’ll find guides and tutorials on the site to help you understand the platform features and improve your strategy. 

Milestone Rewards 

When using OneFunded, you don’t just get your profit from trading. The platform also has a rewards system that gives you incentives for hitting milestones. You can get free challenges, bonus payouts, and other rewards. The platform already has banners, promo codes, and marketing materials you can use.

How OneFunded Works

Like most prop firms, OneFunded allows you to select a challenge type and try to pass the evaluation to become a funded trader. However, the platform has more relaxed rules and flexibility, which makes it attractive to some traders. Here are detailed steps on how OneFunded works:

Choose a Challenge Type

The first step is to visit the OneFunded website and choose a challenge type and account size. You’ll find accounts ranging from $2,000 to $200,000 for the one-step challenge, and the fees start at $23 to $395. 

Pass the Evaluation

Now, it’s time to complete the evaluation by hitting the required targets and following the rules. If you purchased a one-step account, you only need to hit the profit target for one phase to pass the challenge. For two-step, you’ll have to pass an initial profit target phase and then proceed to the verification stage. Note that you must hit all the targets without breaching the drawdown rules, or you’re out. 

Complete KYC Verification 

Passed the evaluation phase? Congratulations. You now have to complete the KYC verification and sign a funding agreement. The KYC process simply requires you to submit a government-issued ID and proof of address. 

Receive Funding and Trade

Once you’re done with the verification, you’ll receive your OneFunded Trader account. You can now begin trading the market with the capital.

Receive Payouts

If you trade successfully, you’ll receive payouts from OneFunded. The firm will send your first payout after 14 days. They’ll also refund 100% of your evaluation fee if you pass the challenge, and you’ll get it with your first payout. But if you don’t pass, you won’t get anything.

Evaluation & Pricing – Challenge Types and Costs

OneFunded offers three main challenge types: one-step, two-step, and 1F Limited. Each of them comes with different trading rules and account sizes. You can purchase any of the options that fit your skills and pocket size.

 

Here’s a detailed review of each of the challenge types:

One-step Challenge

This is the best challenge if you want simplicity because it has only one phase. Once you pass it, you’ve become a funded trader. Keep the following in mind when trading this challenge:

 

• You’re expected to grow your starting account balance by 10%
• Daily losses can’t go past 4%, and the overall drawdown from your peak is capped at 6%
• You’ll need to trade on at least five separate days 
• The evaluation fee gets returned if you pass the challenge 
• There’s no deadline, so you can move at your own pace
• You can keep as much as 90% of your profits 

 

Account Size	Fee	Profit Target	Min trading days	Max Daily Loss	Max Drawdown	Trading period	Refundable fee	Profit split
$2,000	$29	10%	5 days	4%	6%	Unlimited	100%	Up to 90%
$5,000	$56	10%	5 days	4%	6%	Unlimited	100%	Up to 90%
$10,000	$107	10%	5 days	4%	6%	Unlimited	100%	Up to 90%
$25,000	$143	10%	5 days	4%	6%	Unlimited	100%	Up to 90%
$50,000	$215	10%	5 days	4%	6%	Unlimited	100%	Up to 90%
$100,000	$395	10%	5 days	4%	6%	Unlimited	100%	Up to 90%

Who’s the one-step challenge best for? We’ll, you’ll find it ideal if:

• You want a steady and consistent approach 
• Focusing on your strategy matters more than dealing with complex requirements 
• You like to follow simple and easy rules 

Two-step Challenge

This challenge has two different phases: Phase 1 and Phase 2. The first phase requires you to make a profit of 8%, while the second requires 5%. Here are important things to note.

 

• You’ll need to trade for at least three days in each evaluation phase
• The daily loss limit is set at 5%, and the overall drawdown cap is 10%
• Fees range from $23 to $361
• There’s no deadline to pass either phase
• You’ll get a 100% refund after passing the challenge

 

Here are details about account sizes in Phase 1: 

 

Account Size	Profit Target	Min trading days	Max Daily Loss	Maximum Drawdown	Trading period	Refundable fee	Profit split	Price (included 1 and 2 steps)
$2,000	8%	3 Days	5%	10%	Unlimited	100%	Up to 90%	$23
$5,000	8%	3 Days	5%	10%	Unlimited	100%	Up to 90%	$45
$10,000	8%	3 Days	5%	10%	Unlimited	100%	Up to 90%	$89
$25,000	8%	3 Days	5%	10%	Unlimited	100%	Up to 90%	$125
$50,000	8%	3 Days	5%	10%	Unlimited	100%	Up to 90%	$195
$100,000	8%	3 Days	5%	10%	Unlimited	100%	Up to 90%	$361

 

Phase 2: If you meet the targets in Phase 1, you’ll proceed to Phase 2. 

 

Account Size	Profit Target	Min trading days	Max Daily Loss	Maximum Drawdown	Trading period	Refundable fee	Profit split
$2,000	5%	3 Days	5%	10%	Unlimited	100%	Up to 90%
$5,000	5%	3 Days	5%	10%	Unlimited	100%	Up to 90%
$10,000	5%	3 Days	5%	10%	Unlimited	100%	Up to 90%
$25,000	5%	3 Days	5%	10%	Unlimited	100%	Up to 90%
$50,000	5%	3 Days	5%	10%	Unlimited	100%	Up to 90%
$100,000	5%	3 Days	5%	10%	Unlimited	100%	Up to 90%

This evaluation model is for you if:

• You prefer to prove your skills using a two-step process
• You like lower profit targets for each phase

1F Limited Challenge

OneFunded offers an advanced 1F Limited Challenge, and it’s only for serious and professional traders. This option is exclusive and only has a few hundred spots available from time to time. Here are some of the rules to note about this challenge:

 

• The maximum account size is $25,000
• Daily loss limit: 5%, total loss limit: 11%
• It has two phases
• The Phase 1 profit target is 7%, while Phase 2 is 4%
• Minimum of one trading day is required per phase
• The leverage is set at 1:40

 

Account Balance	Leverage	Max Daily Loss	Max Drawdown	Phase 1 Profit Target	Phase 2 Profit Target	Min Trading Days	Trading Period	Profit Split	Refundable Fee	Price
$2,000	2:40	5%	11%	7%	4%	1	Unlimited	Up to 90%	100%	$25
$5,000	2:40	5%	11%	7%	4%	1	Unlimited	Up to 90%	100%	$49
$10,000	2:40	5%	11%	7%	4%	1	Unlimited	Up to 90%	100%	$92
$25,000	2:40	5%	11%	7%	4%	1	Unlimited	Up to 90%	100%	$135

 

1F Limited Challenge is best for:

 

• Traders with solid trading experience 
• Anyone looking to reach funded status faster
• People who rely on EA or news trading and need room to trade their way

OneFunded Permitted Trading Styles 

One of the best aspects of OneFunded is that it’s quite flexible with trading styles. You can hold trades over the weekend and use permitted advisors. Here are details about the allowed trading styles: 

Copy Trading

OneFunded allows copy trading, but it comes with strict limits to keep things fair. You can copy trades between your own OneFunded accounts, as long as they’re all registered under your name.

Expert Advisors

You can use EA, but only if you get approval first. You have to email the support with the name and links to the advisor. The team will check if it’s compatible with their platform and trading rules.

Overnight Trading

You can hold trades overnight. But remember that you’ll get hit with swap fees, depending on what you’re trading on. If you’re holding positions for days or weeks, these fees stack up.

News Trading

OneFunded allows news trading, which isn’t the case across all prop firms. However, they’ll monitor trades you place five minutes before or after big news releases. 

Trading Rules to Note

OneFunded clearly shows the rules for trading accounts on the platform. If you wish to become a funded trader, you must meet all the requirements and follow their guidelines. Fortunately, the site is quite flexible and doesn’t have some restrictions you’ll find in most prop firms. Below are the rules to keep in mind: 

 

• Profit Target: Each challenge has a specific percentage you need to reach. You’re required to hit the target while staying within the loss limits to pass the phase.
• No Deadlines: You’re not racing against the clock here. The platform allows you to take as long as you need to hit targets. 

• Risk Limits: Stay within your daily loss limit and overall drawdown rules. Once you cross the line by even $1, you’ll lose your account, whether in the challenge or a funded account. 
• No single day can be your whole profit: OneFunded has a consistency rule. You can’t pass by making almost all your profit in one day.

Supported Trading Platforms at OneFunded 

OneFunded allows traders to use one of two platforms: TradeLocker and cTrader. Both of them are top-quality, but the best option depends on your trading style and the features you need. We’ll go over details about both of them below:

TradeLocker

Some traders choose TradeLocker because it offers an upgrade to MT4/MT5 with its speed and simplicity. The platform is web-based and has a user-friendly interface that allows you to locate any market and features you need. It runs smoothly on mobile browsers, desktop apps, and mobile apps.

 

TradeLocker offers many TradingView features, including access to charts, indicators, and drawing tools within the platform. You can even build and use automated strategies. Some other notable features of the platform are one-click trading, an SL/TP calculator, and visual margin indicators.

cTrader

This platform is more established and is popular among many traders. cTrader gives you a more comprehensive analysis tool and over 70 indicators. You’ll also get multiple timeframes and customizable charts that let you understand the market more deeply.

 

You can use cTrader on Windows, Mac, iOS, and Android, which ensures you can trade anywhere you go. The platform also has an economic calendar and news feed that can be quite helpful when making your analysis. 

Payout Methods and Timing

If you become a funded trader at OneFunded, you’ll receive payouts when you make successful trades. The prop firm usually offers a 90/10 profit split. In other words, you receive 90% of the gains, while the platform takes 10%. 

 

You can receive your first payout after 14 days from opening your first position, and you need a minimum of $100 profit. The platform allows you to receive subsequent payouts every 14 days. However, you can choose to withdraw after 7 days with the Weekly Payout Add-on for a fee.

Payout Methods

OneFunded accepts various payment methods for receiving your withdrawals. You can use bank transfers, cryptocurrencies, and popular payment processors 

• Crypto
• Bank Transfer

Crypto payments are usually faster and have lower fees. Bank transfers are also reliable, especially when making larger transactions.

Tips for Maximizing Your OneFunded Challenge Success 

Want to pass your challenge and become a successful OneFunded trader? Our expert tips can come in handy. Check them out below:

 

• Follow your strategy consistently: Stick to your proven plan instead of chasing random trades. If you’re consistent and follow what works, it can help you to meet the targets without unnecessary risks.
• Keep risk under control: Pay close attention to the daily loss limits and maximum drawdowns. Use proper risk management, like stop loss (SL), to help you maintain long-term success.
• Track your performance: Always monitor your trades to spot patterns or mistakes. This can help you to improve in the long run. 
• Stay disciplined: Don’t trade out of emotions or fear of missing out. Stay disciplined and don’t increase lot sizes unnecessarily. 
• Use tools wisely: Only run EAs or copy trading after approval and within the rules. Using the right tools can save time and make you become more consistent.

Pros & Cons of OneFunded

Here are the positives and potential drawbacks of OneFunded:

 

Pros

• Up to 90% profit split
• No maximum time limit on evaluation
• Choice between TradeLocker and cTrader
• Clear and transparent trading rules
• Real-time progress tracking through the dashboard 

Cons

• Weekly payouts require an additional fee
• Limited trading platform options compared to some competitors 
• First payout may take longer due to verification 

How OneFunded Compares to Competitors

As part of our reviews, we decided to compare OneFunded to other leading prop firms, including FTMO and FundedNext, to see how it stacks up. Here’s all you need to know:

FTMO

Many traders regard FTMO as one of the best prop firms around because of its consistent payouts. It offers a similar 80/90 profit split structure and has multiple account sizes. The main difference? FTMO primarily uses MetaTrader platforms, unlike OneFunded with TradeLocker and cTrader. 

 

When it comes to payments, both prop firms are reliable. Both FTMO and OneFunded offer payouts every 14 days, and you can use bank transfers and cryptocurrencies for transactions.

FundedNext

FundedNext is popular for offering promotional pricing and a variety of challenge types. The firm offers one-step, two-step, and even three-step evaluations with account sizes up to $300,000. Meanwhile, OneFunded caps at $200,000.

 

Similar to OneFunded, FundedNext doesn’t impose time limits. They also have a stellar challenge that offers up to 95% profit split to traders. In the end, FundedNext has more options, but some of them have complicated rules, whereas OneFunded is big on simplicity.

Conclusion: Is OneFunded Ideal for You?

Our detailed review shows that OneFunded is a reliable and trustworthy prop firm. If you trade forex, cryptocurrencies, metals, and indices and you want good capital, this platform is ideal. The best part is that it has flexible price ranges from $29 to $395 for account sizes of $2,000 and $100,000, respectively, for a one-step challenge.

 

OneFunded has flexible trading rules, which make it quite appealing. If you don’t want to rush your trading during evaluation, you’re free to move at your own pace since there’s no time limit. You can also receive a profit split of up to 90%, which is impressive.

 

We also like the fact that OneFunded allows you to choose between cTrader and TradeLocker for your trading. Both platforms are top-quality and have all the features you need to do your analysis and trade without stress. Overall, you’ll find OneFunded ideal if you love freedom and flexibility when trading, as well as quick payouts.

OneFunded Review FAQs

How much does it cost to join OneFunded?

It depends on the account size you want. Smaller accounts like the $2,000 for the one-step challenge cost $29. Meanwhile, larger sizes like $100,000 require $395.

What happens if I violate the risk rules?

Once you violate the rules, like breaching your daily loss limits or maximum drawdown, you fail the challenge and you’ll lose your account. The prop firm strictly enforces the rules.

Can I trade multiple accounts?

Yes, you can trade multiple OneFunded accounts, with a cap on the total capital of $200,000. However, you have to manage them separately.

How often can I withdraw profits?

OneFunded allows you to withdraw profits after every 14 days. If you want faster payouts, you can go for the weekly payout add-on for additional fees.