Prop trading has become a realistic path for traders who want access to larger capital without risking personal savings. Remote work, easy-to-use platforms, and the rise of performance-based funding have pushed many traders toward prop firms as an alternative income stream. OneFunded fits well into this shift. It focuses on simple rules, low entry costs, and a flexible environment that suits both beginners and experienced traders.
This review breaks down how OneFunded works, what it offers, and where it stands compared to other prop firms. The goal is to give you a clear view of whether it fits your trading style and goals.
An honest look at its strengths and weaknesses. By the end, you'll be equipped to decide whether OneFunded is the right prop firm for you.
What Is OneFunded?
OneFunded is a UK-registered proprietary trading firm operated by Brynex Tech Ltd. It provides traders with simulated "virtual funded accounts" that mirror real market conditions. Traders prove their skill inside this environment, and once consistent, they receive profit shares based on their performance.
The core idea behind the firm is simplicity:
- No time limits on evaluations
- One refundable fee
- High profit splits up to 90%
- Fast payouts
- A reward system that reduces long-term costs
OneFunded supports discretionary traders, algorithmic traders, and news-driven strategies. Because the entry cost is low, it also works well as a starting point for new traders who want to test themselves in a controlled environment.
Funding Models and Account Types
OneFunded provides three evaluation paths. Each offers different targets and rules, giving traders options based on their comfort level.
One-Step Challenge
The One-step Challenge consists of a single phase. Participants in this challenge aim to reach the trading targets outlined below within a specified timeframe. Upon meeting these targets and passing the final Evaluation by the Provider, participants may be offered a OneFunded TRADER account.
| Account Balance | Profit Target | Min Trading Days | Max Daily Loss | Max Drawdown | Trading Period | Refundable Fee | Profit Split | Price |
| $2,000 | $200 (10%) | 5 days | $80 (4%) | $120 (6%) | Unlimited | 100% | Up to 90% | $29 |
| $5,000 | $500 (10%) | 5 days | $200 (4%) | $300 (6%) | Unlimited | 100% | Up to 90% | $56 |
| $10,000 | $1,000 (10%) | 5 days | $400 (4%) | $600 (6%) | Unlimited | 100% | Up to 90% | $107 |
| $25,000 | $2,500 (10%) | 5 days | $1,000 (4%) | $1,500 (6%) | Unlimited | 100% | Up to 90% | $143 |
| $50,000 | $5,000 (10%) | 5 days | $2,000 (4%) | $3,000 (6%) | Unlimited | 100% | Up to 90% | $215 |
| $100,000 | $10,000 (10%) | 5 days | $4,000 (4%) | $6,000 (6%) | Unlimited | 100% | Up to 90% | $395 |
Best for traders with consistent, low-risk strategies who prefer a direct path to funding.
Two-Step Challenge
The Two-step Challenge consists of two distinct phases: Phase 1 and Phase 2.
Phase 1: Participants aim to reach the trading targets outlined below within a specified timeframe. Upon meeting these targets, participants will progress from Phase 1 to Phase 2.
| Account Balance | Profit Target | Min Trading Days | Max Daily Loss | Maximum Drawdown | Trading Period | Refundable Fee | Profit Split | Price (included 1 and 2 steps) |
| $2,000 | $160 (8%) | 3 Days | $100 (5%) | $200 (10%) | Unlimited | 100% | Up to 90% | $23 |
| $5,000 | $400 (8%) | 3 Days | $250 (5%) | $500 (10%) | Unlimited | 100% | Up to 90% | $45 |
| $10,000 | $800 (8%) | 3 Days | $500 (5%) | $1,000 (10%) | Unlimited | 100% | Up to 90% | $89 |
| $25,000 | $2,000 (8%) | 3 Days | $1,250 (5%) | $2,500 (10%) | Unlimited | 100% | Up to 90% | $125 |
| $50,000 | $4,000 (8%) | 3 Days | $2,500 (5%) | $5,000 (10%) | Unlimited | 100% | Up to 90% | $195 |
| $100,000 | $8,000 (8%) | 3 Days | $5,000 (5%) | $10,000 (10%) | Unlimited | 100% | Up to 90% | $361 |
Phase 2: Participants who meet the targets in Phase 1 will proceed to Phase 2, where they must meet the following trading requirements.
| Account Balance | Profit Target | Min Trading Days | Max Daily Loss | Maximum Drawdown | Trading Period | Refundable Fee | Profit Split |
| $2,000 | $100 (5%) | 3 Days | $100 (5%) | $200 (10%) | Unlimited | 100% | Up to 90% |
| $5,000 | $250 (5%) | 3 Days | $250 (5%) | $500 (10%) | Unlimited | 100% | Up to 90% |
| $10,000 | $500 (5%) | 3 Days | $500 (5%) | $1,000 (10%) | Unlimited | 100% | Up to 90% |
| $25,000 | $1,250 (5%) | 3 Days | $1,250 (5%) | $2,500 (10%) | Unlimited | 100% | Up to 90% |
| $50,000 | $2,500 (5%) | 3 Days | $2,500 (5%) | $5,000 (10%) | Unlimited | 100% | Up to 90% |
| $100,000 | $5,000 (5%) | 3 Days | $5,000 (5%) | $10,000 (10%) | Unlimited | 100% | Up to 90% |
This evaluation model is best for:
- Traders who like that the profit target for each phase is lower.
- People who prefer a two-step process to prove their skills.
1F Limited Challenge
The 1F Limited Challenge is an advanced two-phase evaluation designed to offer the most competitive trading conditions in the market, with enhanced flexibility and risk management for account sizes up to $25,000. Larger account sizes are not offered to prioritize risk management.
| 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 |
This evaluation model is best for:
- Experienced traders.
- Those who want to get funded faster.
- Traders who use robots (EAs) or trade the news and need flexible rules.
Once you are funded, there is a limit to how much virtual capital you can manage across all your accounts. The maximum total balance is $200,000. You can have as many active funded accounts as you want, as long as you stay under this total cap. Right now, OneFunded does not have a plan to automatically increase your account size over time.
Trading Rules and Risk Conditions
OneFunded's rule structure focuses on risk control rather than complicated restrictions.
Key Risk Limits
- Daily Loss Limit: Maximum amount you can lose in a day
- Max Drawdown: Maximum equity drop from peak
- Both include floating P/L
These rules are straightforward to track through the dashboard.
Permitted Trading Styles
- Expert Advisors (EAs) with prior approval
- Copy trading across your own accounts
- News trading, monitored for fairness
- Overnight and weekend trading allowed
- Swing and algorithmic trading are all supported
Trading Platforms
The quality of a prop firm often comes down to the systems it provides. Below are the trading platforms, analytical tools, and technological features that shape your overall trading experience.
- cTrader: Fast execution, advanced charting, DOM, cAlgo automation
- TradeLocker: Browser-based, lightweight, easy to use
- MT5 is planned but not yet live.
Payout Rules
Getting paid is simple and fast. Your first payout will be processed 14 days after you make your first profit on a funded account. After that, you can add a weekly payout option to get your money more often. The minimum amount you can withdraw is $100. You can get your money through USDT (TRC20) or by bank transfer for payouts of $1,000 or more.
Fees, Costs, and Profit Splits
Fees
Each challenge requires a one-time fee. The fee becomes refundable once the trader completes their first payout. If the evaluation is not passed, the fee is not refunded.
Profit Splits
Traders keep up to 90% of profits on funded accounts.
Payout Options
- Crypto: USDT TRC20
- Bank transfer for larger payouts
There are no unexpected charges or recurring fees.
Customer Support and Community
In case you need help, OneFunded offers a few ways to get it. You can reach their support team by sending an email. They also use a ticketing system: an organized way to make sure your question gets answered. For discussion with other traders, there is a Discord community. This is a chat server where you can meet and learn from others in the OneFunded program.
The firm also provides learning materials to help you succeed, such as video tutorials and written guides. These resources cover basic trading ideas and give you step-by-step instructions about trading with OneFunded.
The Discord community is quite active. Most of the people discussing there have taken on challenges. In essence, it is a helpful space where traders can work together and share their trading strategies and tips.
Advantages of OneFunded
OneFunded has many advantages that make it a good choice for traders. They include:
- Unlimited Trading Time: You are not rushed. There are no time limits on any challenge, so you can trade at your own speed.
- Low Entry Fees: It does not cost much to start. Challenge fees begin at just $23, which is less than many other firms.
- 100% Refundable Challenge Fees: Your challenge fee is given back to you after your first payout. This makes it less risky to try.
- Up to 90% Profit Split: You get to keep most of the money you make. For every $100 in profit, you can keep $90.
- Fast Payouts: You get your money every 14 days. You can also pay a little extra to get paid every week.
- News Trading and EAs Allowed: You can trade during big news events and use EAs.
- Multiple Platforms: You can choose to trade on cTrader or TradeLocker, whichever you like best.
- Reward Center: OneFunded lets you earn points for your activity with the firm. These points can be converted into discounts or free challenges later on.
- Transparent Affiliate Program: OneFunded rewards those who spread the firm's good news in its transparent affiliate program.
- Beginner-Friendly: With as little as $23, even beginners can easily get started in Prop firm trading.
Drawbacks and Limitations
While OneFunded has many strengths, it is lacking in some key areas.
- No Reported Scaling Plan: OneFunded does not have a scaling plan. This means they will not automatically grow your account size as you succeed. The total amount of money you can manage is limited to $100,000. You cannot combine smaller accounts into a bigger one.
- User-Reported Concerns: Some traders have noted that the maximum account size is smaller than what some other firms offer, which can be $200,000 or more. Also, the amount of leverage you can use is limited on some account types, like the 1F Limited challenge.
- Platform Diversification: OneFunded could add more popular trading platforms like MT4, MT5, or TradingView, offering a better experience to traders who are more familiar with these platforms.
Comparison: OneFunded vs. Other Prop Firms
- FTMO: More established, similar profit split, but with stricter rules.
- FundedNext: Higher profit split (up to 95%), but more complex rule structure.
- OneFunded: Lower fees, no time limits, EA-friendly, and faster payout option.
OneFunded stands out for simplicity, cost-efficiency, flexibility, and accessibility for beginners.
Is OneFunded Legit?
OneFunded operates under Brynex Tech Ltd., a registered UK company. It provides a transparent business model, clear rules, active community channels, and a straightforward payout process.
The firm is a skill-based simulated trading platform, not an investment service. Its fee-refund structure, open communication, and operational transparency indicate legitimate operations.
Who Should Trade with OneFunded?
OneFunded is a great fit for specific types of traders, but it might not be for everyone. The ideal trader for OneFunded is consistent. This prop firm works best for:
- Consistent day traders
- Swing traders
- News traders
- Beginners with limited capital
- Traders who prefer no time pressure
Anyone who relies on discipline and wants a clean, rule-light evaluation structure will find OneFunded a good match.
Before you start, make sure you fully understand the drawdown rules. Check that the leverage offered works with your trading strategy. For those who are new to this, it is a smart idea to begin with a smaller, less expensive challenge to learn the process.
How to Get Started with OneFunded
Starting with OneFunded is easy. Here is a simple guide to help you begin.
- Create an account
- Choose an evaluation model
- Pay the one-time fee
- Receive platform credentials
- Trade until targets are met
- Get funded after verification
- Request payouts once profitable
How to Pick the Right Challenge
Think about what is important to you. Look at the different profit targets for each challenge. Choose a challenge with rules that fit how you trade. Your judgment of how you trade should only be based on tons of backtesting and forward testing data, not guesswork. Suppose that you are a new trader, do not start with the biggest account. Pick a smaller, cheaper challenge to learn first.
To pass your challenge, be safe with your trades. Never lose more than your daily limit allows. Do not place too many trades. Use the same small lot size every time. Finally, always watch your account's total value to make sure you are safe.
Final Verdict
OneFunded is an excellent choice for traders. Its clear rules, low cost, and no time limits make it perfect for beginners and mid-level traders. While top traders might want a bigger account, OneFunded is a strong and fair option for most people looking to get funded.
FAQs
Is OneFunded a Regulated Prop Trading Firm?
No. Prop trading firms like OneFunded are not regulated in the same way as brokers. They are skill-testing platforms, not financial service companies where you invest your money.
How Long Does Payout Processing Take?
Your first payout takes 14 days. After that, you can choose to get paid every week. The minimum you can take out is $100, via crypto or bank transfer.
Does OneFunded Offer Refunds for Failed Challenges?
Your Challenge fee is only refunded after you get your first payout. Suppose you fail the challenge, you do not get your money back.
Are There Hidden Fees?
No, there are no hidden fees. The only fee you pay is the one-time evaluation cost.
Can Beginners Join OneFunded?
Yes. Its low starting cost and flexible rules make it a very good option for people who are new to trading.
What Can Disqualify a Trader?
You can be disqualified for breaking the daily loss or max drawdown rules, or for suspicious trading around major news events.
What Instruments Are Available to Trade?
You can trade Forex, stock indices, metals like gold, cryptocurrencies, and US and European stocks.
Does OneFunded Offer Real Money Trading?
No. All trading is done with virtual capital in a simulated environment. You earn real money from the simulated profits you make.
