OneUp Trader is a reliable US-based prop firm that offers a unique opportunity for traders to trade Forex and CFDs and get funded up to $250,000.
This platform has gained an excellent reputation in the prop trading world for providing some of the best trading conditions, such as a 7-day a free trail and free NinjaTrader license, for traders.
In this in-depth review, we'll explore everything you need to know about this innovative prop trading firm, from its evaluation process to its competitive profit-sharing model.
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 include:
- Based in Wilmington, Delaware
- OneUp Trader CEO is 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:
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 |
Payout frequency | Weekly |
Established country | U.S. |
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) |
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 Prop Registration and Verification process
Getting started with OneUp Trader is a straightforward process:
- Choose your account size and complete the registration form on their website;
- Complete your personal information by entering your address, zip code, and date of birth;
- Enter your phone number and verify it;
- Verify your email;
- Buy the challenge and trade for a minimum of days;
- Meet the profit target without exceeding the maximum trailing drawdown;
- Once successful, verify your account by providing proof of address and proof of ID documents.
OneUp Trader Evaluation Process
OneUp Trader's evaluation process is refreshingly simple compared to many prop firms:
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 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 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
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 start 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 a valuable blog for traders that contains:
- Technical and fundamental analysis
- Trading tips
- Trading strategies
- Funded traders
- Interview with funded traders
OneUpās 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 custumer reviews in our OneUp Trader review. This platform received an impressive 4.7 out 5 stars on the Trustpilot website.
This an excellent score for a platform in the prop trading world since over 81% of users gave OneUp Trader 5 starts.
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.
TF Expert Suggestion
OneUp Traders has been offering significant capital (up to $250,000) to successful traders since 2016. This prop firm has a generous profit-sharing model (up to 90%), and traders can keep their first $10,000 in profits on this platform.
OneUp Trader definitely stands out in the crowded prop firm market with its simple evaluation process and commitment to trader success. However, high commissions and high challenge prices can be major drawbacks to choosing this platform.
In conclusion, traders must review other prop firm funding plans and prices before choosing OneUp Trader.
