Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!
OneUp Trader 1-step evaluations allow traders to have a chance of receiving $250,000 funded trading accounts from this US-based prop firm.
The challenge prices in OneUp Trader starts at $125 and could goes as high as $600.
OneUp Trader challenges offer funded accounts with $25k, $50k, $100k, $200k, and $250k sizes. To receive these accounts, traders must gain at least 6% profit from the limited number of contracts (ranging from 3 to 25) without passing the 3.5% trailing drawdown.
OneUp Trader review for Forex and CFD traders
OneUp Trader Company Information
OneUp Trader is a cutting-edge proprietary trading firm that's changing the way traders access funded accounts. Founded in 2016, OneUp Trader offers a straightforward path to substantial trading capital without needing personal investment. Key information about OneUp Trader:
Based in Wilmington, Delaware
OneUp Trader CEO: Agustin Devincenzi
Funded accounts ranging from $25,000 to $250,000
Challenge prices start from $125 to $650
What truly distinguishes OneUp Trader is its commitment to transparency and trader success. Unlike many prop firms that seem designed to fail traders, OneUp Trader's evaluation process is achievable and fair, with clear profit targets and reasonable risk management rules.
OneUp Trader Prop Firm Specifications Summary
Let's review important details you need to know about OneUp Trader as one of the prop firms in the industry:
Account currency
USD
Minimum price
$125
Maximum leverage
1
Maximum profit split
90%
Instruments
Forex, commodities, metals, equities, energies
Assets
EUR/USD, gold, wheat, oil
Evaluation steps
1
Trading platform
NinjaTrader, Sierra chart, Jigsaw trading, etc.
Withdrawal methods
Bank wired, BTC, USDT, ETH
Maximum fund size
$250,000
First profit target
6%
Maximum daily loss
No limit
Challenge time limit
Unlimited
News trading
No
Maximum total drawdown
6%
Commission per round lot
Starts from $0.6
Trust pilot score
4.7 out of 5
Payout frequency
Weekly
Established country
USA
Established year
2016
OneUp Trader Benefits and Drawbacks
Let's weigh the advantages and disadvantages of OneUp Trader:
Pros
Cons
Simple, achievable one-step evaluation process
High challenge fees compared to other prop firms
Generous profit split (90% after first $10,000)
Limited to futures trading only
Free NinjaTrader license and real-time market data
Copy trading and EAs aren't allowed
No hidden fees or complicated rules
-
High Trustpilot score (4.7 out of 5)
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OneUp Trader Prop Firm Funding and Challenge Prices
OneUp Trader offers a range of funded accounts to suit different trader needs and experience levels. Here's a breakdown of their funding options:
Account size
$25,000
$50,000
$100,000
$150,000
$250,000
Monthly fee
$125
$150
$300
$350
$650
While the monthly fees during evaluation might seem steep, they're offset by the potential for significant profits once funded. Plus, with no data fees or hidden costs, traders can focus on developing their skills and strategies.
OneUp Trader Express Program
The prop firm features a program called "Express" designed for returning users whose funded accounts were terminated in the past 30 days.
Express program offers reduced prices for loyal customers with the following fee structure:
Account Balance
Express Monthly Fee
$25,000
$115
$50,000
$125
$100,000
$200
$150,000
$275
$250,000
$425
For previously funded traders, the Express Funding plan reduces the evaluation time to just 5 trading days.
OneUp Trader Prop Registration and Verification Process
OneUp Trader makes it simple to test the waters of proprietary trading. With no upfront payment, you can activate a free 7-day trial account and gain access to the dashboard after a brief identity confirmation.
Visit the OneUp Trader homepage, click "Start Now", and select "Test FREE for 7 days!" under the account options.
#2 Submit the required personal information
Create your trial account by entering:
Full name
Email address
Password
Display name
Date of birth
Address
Country of residence
The required information for the OneUp Trader free trial
Agree to the terms, then proceed to verify your contact information.
#3 Verify your contact details
Input your mobile number, request the SMS code, and confirm. Then verify your email by clicking the activation link sent to your inbox.
Click "Send Code" to receive a verification code by SMS
OneUp Trader Evaluation Process
The OneUp Trader model uses a straightforward 1-step challenge. To qualify, traders must meet the profit target while adhering to rules such as trailing drawdowns and minimum trade volume.
A minimum of 15 trading days is required, but there’s no maximum time limit to complete the challenge.
Account size
$25,000
$50,000
$100,000
$150,000
$250,000
Number of contracts
3
6
12
15
25
Profit target
6%
Daily loss limit
No limit
Maximum drawdown
3.5% trailing drawdown
Profit split
90%
Monthly fee
$125
$150
$300
$350
$650
Once these criteria are met, traders are quickly moved to a funded account. This straightforward approach allows skilled traders to prove their worth without jumping through unnecessary hoops.
OneUp Trader's $250,000 account profit target is $15,000
Profit Share Policy
OneUp Trader offers a highly favorable payout structure. Funded traders retain 100% of their first $10,000 in profits. After that, they continue to earn a generous 90% of all subsequent net profits.
OneUp Trader Bonuses and Discounts
OneUp Trader currently offers a 20% discount for new traders who want to buy their first challenge. Other OneUp Trader offers:
Free NinjaTrader license
7-day free trial
These benefits, combined with the potential for significant profits through their generous profit-sharing model, make OneUp Trader an attractive option for serious traders.
OneUp Trader Rules
To maintain the integrity of trading activities, strict rules are in place, including prohibitions on hedging across funded accounts, copy trading, risky strategies like Martingale, and news trading during restricted times.
Hedging: Hedging across multiple funded accounts is strictly prohibited.
Expert Advisors (EA): Copy trading across funded accounts under different names is not allowed;
Martingale and Arbitrage: Prohibited strategies include micro scalping, high-frequency trading, and exploiting market data inefficiencies;
News Trading: No restrictions during evaluation. However, once funded, traders must refrain from trading one minute before, during, and after major economic news releases.
VPN Usage
There are no explicit restrictions regarding VPN usage; however, your IP address must remain consistent and correspond to the same geographical region across all phases and accounts.
This measure ensures that there is no external influence on your trading activities. If your IP address changes unexpectedly, you will need to provide valid justification, which could include proof like flight tickets or other methods deemed necessary.
OneUp Trader Policy on Hedging
Hedging positions across multiple funded accounts is explicitly prohibited. This restriction is in place to safeguard the trading environment and ensure that there is no manipulation of trades through hedging strategies.
Can I Use Expert Advisors (EA) on a OneUp Trader Account?
While there are no direct restrictions on using Expert Advisors, copy trading between funded accounts under different names or individuals is strictly forbidden.
However, copy trading can occur within accounts held by the same trader for the purpose of risk management or strategy diversification.
Group trading or synchronized trading between different traders, where identical positions are executed across multiple accounts, is also not allowed.
Martingale & Arbitrage
Several trading strategies that exploit market inefficiencies are banned, including but not limited to:
Micro scalping
High-frequency trading
Latency arbitrage
Tick scalping
Trades executed in less than 10 seconds or those taking advantage of errors in market data are not permitted by our funding partners.
News Trading
There are no limitations on news trading during the evaluation phase. However, once a trader has been funded, they must refrain from opening or closing trades one minute before, during, and after the release of major economic news events.
News trading, withdrawal during the 90 probationary days, and micro trading rules in the OneUp Trader prop firm
The restriction applies to all major economic announcements that could potentially impact the market.
OneUp Trader Prop Firm Trading Platforms
OneUp Trader supports over 20 popular trading platforms, giving traders the flexibility to use their preferred tools.
NinjaTrader (provided free)
Sierra Chart
R|Trader and R|Trader Pro
MultiCharts
TradeStation
Agena Trader
Inside Edge Trader
Investor RT
Motive Wave
Photon
QScalp
QST- Quick Screen Trading
Track'n Trade
Trade Navigator
net
Medved Trader
Quantower
Bookmap
ATAS Order Flow Trading
Jigsaw Trading
eSignal
OneUp Trader has a variety of trading platforms
Each platform offers advanced features like real-time charting, sophisticated order execution, and robust risk management tools. The free NinjaTrader license is particularly valuable, as it's a powerful platform favored by many professional futures traders.
OneUp Trader Prop Markets and Symbols
Oneup Trader specializes in Futures market trading, offering access to over 40 instruments across various markets:
Currencies: Euro/USD, JPY/USD
Commodities: Crude Oil, Gold, Corn
Equity Indices: E-mini S&P 500, NASDAQ-100
Interest Rates: 10-Year T-Note
This diverse range of instruments allows traders to apply their strategies across different market conditions and sectors.
OneUp Trader Prop Firm Payment Methods
OneUp Trader offers several convenient payment methods for evaluation fees and profit withdrawals:
Evaluation payment methods:
Visa
Master Card
American Express
Discover
Payout Methods:
Bank Wired
Cryptocurrencies
To submit withdrawal requests follow these steps:
Send an email to the funding provider with your account details;
Determine how much money you wish to withdraw;
Your request will be processed on the same date as long as you meet payout threshhold.
Profit withdrawals are processed quickly, with no fees for standard withdrawals. The minimum withdrawal amount is $1,000, and traders can typically expect to receive their funds within 1-2 business days.
OneUp Trader Commission and Costs
OneUp Trader's commission structure is transparent and competitive:
Monthly subscription fee during evaluation (varies by account size)
Total commissions from $0.6 and can go as high as $3
No additional data fees or hidden costs
Funded traders keep 100% of their first $10,000 in profits, followed by a 90/10 split thereafter. This generous profit-sharing model allows skilled traders to maximize their earnings potential.
OneUp Trader Educational Resources Overview
While OneUp Trader's educational offerings aren't as extensive as some competitors, they do have a valuable blog for traders that contains:
Technical and fundamental analysis
Trading tips
Trading strategies
OneUp offers valuable knowledge on trading strategies for Forex traders
Funded traders
Interview with funded traders
OneUp’s focuses on providing the tools and support for experienced traders to succeed, rather than comprehensive education for beginners.
OneUp Trader Prop Firm Trust scores
It's time to look at customer reviews in our OneUp Trader review. The OneUp Trader Trustpilot profile has received an impressive 4.7 out of 5 score.
This an excellent score for a platform in the prop trading world since over 81% of users gave OneUp Trader 5 starts.
OneUp Trader has excellent reviews on the Trustpilot website
OneUp Trader Customer Support
OneUp Trader prides itself on providing exceptional customer support through various channels:
Live chat: Available 24/7 on the website
Phone support: +1 302-231-0217
Email support: support@oneuptrader.com
This commitment to customer service helps set OneUp Trader apart in the competitive prop firm landscape.
Oneup Trader Social Media Channels
Oneup Trader maintains an active presence on several platforms:
While OneUp Trader’s 100% profit split for the first $10k looks intriguing, traders can’t overlook the platform's advantages, including its complicated withdrawal process, $0.6 to $3 trading commissions, and 1—to 2-day withdrawal delays.
OneUp Trader tries to outweigh these disadvantages by providing a free NinjaTrade license, a 20% discount for new traders, and a 7-day free trial.
FAQs
Is OneUp Trader legitimate?
Yes, OneUp Trader is a legitimate prop firm with excellent Trustpilot ratings and positive trader reviews.
What's the minimum account size offered by OneUp Trader?
The minimum funded account size is $25,000.
Can I trade forex or stocks with OneUp Trader?
No, OneUp Trader specializes only in futures trading.
Is there a maximum drawdown limit?
Yes, but it's a trailing drawdown that stops at the initial account balance.
What is the maximum funding size in OneUp Trader prop firm?
The maximum fund size in OneUp Trader is $250,000.
Does OneUp Trader allow news trading?
No, OneUp trader doesn't allow trading during news events.
Does OneUp Trader have a challenge time limit?
No, OneUp Trader challenges doesn't have time limits.
What is the daily drawdown limit in OneUp Trader prop firm?
OneUpTrader does'nt have a maximum daily drawdown limit.
What is the payout frequency in OneUp Trader?
OneUp Trader pays traders on a weekly basis.
What is the maximum leverage in OneUp Trader prop firm?
The maximum leverage in OneUp Trader prop firm is 1:1.
What is OneUp Trader and how does it operate?
OneUp Trader is a U.S.-based proprietary trading firm founded in 2016, offering traders the chance to manage funded accounts from $25,000 to $250,000. Traders pass a 1-step evaluation by reaching a 6% profit target while avoiding a 3.5% trailing drawdown. Once funded, they keep 100% of the first $10,000 and 90% afterward.
How much does it cost to join OneUp Trader?
Evaluation fees range from $125 to $650 per month, based on account size. There are no additional data or platform fees, and the firm even offers a 7-day free trial and 20% discount for first-time users.
What is the profit split structure at OneUp Trader?
OneUp Trader offers a generous profit split: traders keep 100% of their first $10,000 in profit, followed by a 90/10 split on future gains. Payouts are processed weekly with a $1,000 minimum threshold.
How does the evaluation challenge work at OneUp Trader?
The evaluation is a 1-step challenge with no time limit. Traders must hit a 6% profit target, respect the 3.5% trailing drawdown, and trade a minimum of 15 days. Account sizes affect the allowed number of contracts (3–25).
What trading platforms are supported by OneUp Trader?
OneUp Trader supports 20+ trading platforms, including NinjaTrader (free license), Sierra Chart, and Jigsaw Trading.
What is the Express Program at OneUp Trader?
The Express Program is for traders who lost funding in the past 30 days. It offers reduced monthly fees (e.g., $250K account for $425) and shortens the evaluation to just 5 trading days, ideal for experienced returnees.
What are the contract limits per account size?
The number of allowed contracts increases with account size: 3 for $25K, 6 for $50K, 12 for $100K, 15 for $150K, and 25 for $250K accounts.
