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OneUp Trader Review 2024

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OneUp Trader Review 2024
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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!

Overview
Company:OneUp Trader
Founded:2016
Headquarter:Delaware
Min Price:$125
Max Fund:$250,000
Challenges:1
About
OneUp Trader is a US-based prop firm that has been offering substantial trading capital (up to $250,000 USD) to successful traders since 2016. Traders can trade various instruments and gain up to 90% in this prop firm.
Contact
1007 N. Orange St. 4th Floor, Wilmington, Delaware 19801
Rank and Score
Pros and Cons
Withdrawal Payments
Instruments
Pros
No hidden fees or complicated rules
Simple, achievable one-step evaluation process
Free NinjaTrader license and real-time market data
High Trustpilot score (4.7 out of 5)
Generous profit split (90% after first $10,000)
Cons
Limited to futures trading only
High challenge fees compared to other prop firms
Copy trading and EAs aren't allowed

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 review
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 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 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)

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:

  1. Choose your account size and complete the registration form on their website;
OneUp Trader registration
Enter your personal information to register in OneUp Trader
  1. Complete your personal information by entering your address, zip code, and date of birth;
  2. Enter your phone number and verify it;
  3. Verify your email;
  4. Buy the challenge and trade for a minimum of days;
  5. Meet the profit target without exceeding the maximum trailing drawdown;
  6. 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 $250,000 account features
OneUp Trader's $250,000 account profit target is $15,000

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
OneUp educational resources
OneUp offers valuable knowledge on trading strategies for Forex traders
  • Funded traders
  • Interview with funded traders

OneUpā€™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 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 Trustpilot score
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.

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.

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.

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