OneFunded Prop Firm Review: Features, Rules & Payout

OneFunded, a UK-based prop trading firm, offers traders a clean and transparent route to earn simulated funding. Its evaluation programs—1-Step, 2-Step, and 1F Limited—give traders the freedom to prove consistency without time pressure or unnecessary restrictions.

Profit targets are modest, drawdown rules are realistic, and all programs include unlimited trading days. Once you reach your first payout, your challenge fee is fully refunded, turning the evaluation into a zero-risk opportunity.

OneFunded Snapshot

• Company: Brynex Tech Ltd (UK)
• Programs: 1-Step, 2-Step, 1F Limited
• Account Sizes: $2,000 – $100,000
• Profit Targets: 10% (1-Step), 8%/5% (2-Step), 7%/4% (Limited)
• Daily Drawdown: 4% (1-Step), 5% (2-Step & Limited)
• Max Loss: 6% (1-Step), 10% (2-Step), 11% (Limited)
• Trading Period: Unlimited
• Min Trading Days: 5 (1-Step), 3 (2-Step), 2 (Limited)
• Profit Split: 80% base / 90% with add-on
• Refund: 100% with the first payout
• Leverage: 1:100 (Forex), 1:30 (Indices/Commodities), 1:2 (Crypto/Stocks)
• Platforms: cTrader, TradeLocker (MT5 coming soon)
• Payouts: Every 14 days or weekly add-on

How It Works

OneFunded follows a simulation-based funding model. All trading is executed on demo accounts that mirror real-market conditions. Once traders hit profit targets within the rules, they unlock payout eligibility. Payouts are issued every 14 days or weekly for those who opt into the add-on.

This model, while common among prop firms, stands out at OneFunded thanks to transparent evaluation criteria, clear risk limits, and refundable entry fees, making it a low-pressure environment for traders to refine performance.

Trading Platforms

Traders can choose between cTrader and TradeLocker, both known for low latency, accurate execution, and modern interfaces.

MetaTrader 5 integration is also in progress, opening the door for algorithmic and EA-based trading in the near future.

Risk Management and Payouts

OneFunded uses an equity-based drawdown model, tracking both closed and open positions for more accurate risk control.

Payouts are processed every 14 days, with an option to enable weekly withdrawals through a small add-on.

Combined with fair rules, reasonable targets, and a flexible refund policy, the OneFunded system is built to make prop trading approachable for all skill levels—from new traders to experienced professionals.

Programs and Pricing

1-Step Challenge

• Single-phase evaluation
• Successful completion → Final Evaluation → Possible OneFunded TRADER account
• Refundable access fee (100%) if not started

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.

2-Step Challenge

• Phase 1: Achieve profit target to progress to Phase 2
• Phase 2: Achieve secondary profit target
• Successful completion → Final Evaluation → Possible OneFunded TRADER account
• Refundable access fee (100%) if not started

The Two-step Challenge consists of two distinct phases: Phase 1 and Phase 2.

1. 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.
2. Phase 2: Participants who meet the targets in Phase 1 will proceed to Phase 2, where they must meet the following trading requirements.

1F Limited Challenge

• Advanced two-phase evaluation with enhanced flexibility and risk management
• Account sizes up to $25,000 only
• Designed for competitive conditions and optimal risk management
• Refundable access fee (100%) if not started

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.

Only a few hundred traders can join at a time, making it a good pick for those seeking a faster route to funded status.

Trading Environment

OneFunded provides access to two powerful trading platforms—cTrader and TradeLocker, designed to meet the needs of both beginner and professional traders.

• cTrader offers a professional-grade trading experience with advanced charting tools, depth of market (DOM), and algorithmic trading capabilities. Its intuitive interface allows for fast execution, custom indicators, and strategy automation through cAlgo. cTrader is known for transparency and precision, making it ideal for traders who rely on detailed market insights and execution speed.
• TradeLocker is a modern, user-friendly platform optimized for prop trading. It provides a seamless interface for account management, real-time performance tracking, and built-in risk management tools. TradeLocker is lightweight, browser-based, and integrates smoothly with OneFunded's dashboard, ensuring traders can monitor progress, manage payouts, and track milestones effortlessly.

Both platforms offer fast order execution, high stability, and accessibility across desktop, web, and mobile devices, allowing traders to stay in control wherever they are.

Markets & Instruments

OneFunded traders gain access to a broad range of global markets, enabling flexible strategies and portfolio diversification.

• Forex
• Cryptocurrencies
• Global indices
• Metals
• Stocks (US and EU)

Payouts

• Profit Split: You can receive 80% of the profits made on your demo account as real payouts. If you purchase the 90/10 Profit Split Add-on, your share increases to 90%.
• First Payout: Available after 14 days from opening the first position and with a minimum $100 profit (with the Weekly Payout Add-on, you can request payouts every 7 days).
• Recurring Payouts: Every 14 days thereafter (with the Weekly Payout Add-on, you can request payouts every 7 days).
• Minimum Payout Amount: $100.

Payout Methods:

• Crypto (USDT TRC20): For payouts under $1,000 (faster and lower fees).
• Bank Transfer: For payouts above $1,000.

Evaluation Fee

• Paid at the start of a Challenge.
• Refundable once the trader passes the Challenge and becomes a OneFunded Trader.
• Reimbursed with the first payout.
• Non-refundable if the trader fails or violates rules.

Allowed Trading Strategies

OneFunded stands out for its flexible approach to trading strategies. Here's how it handles the most common ones:

News Trading

Unlike many firms that restrict high-volatility events, OneFunded allows news trading at all stages. However, trades opened within 5 minutes before or after major economic news are monitored for suspicious activity like order spamming or latency arbitrage. If you trade logically and within reason, you're fully compliant.

Scalping & Expert Advisors (EAs)

Scalpers and algorithmic traders will find OneFunded an open environment. There are no restrictions on trade duration or lot size, and EAs are fully permitted. Whether you're running a complex automation system or using quick manual trades, both cTrader and TradeLocker support fast execution and precision trading.

Weekend and Overnight Positions

For swing and position traders, holding trades overnight or over the weekend is allowed. Positions are subject to standard swap or rollover fees, just like with any broker. This flexibility enables traders to execute long-term strategies without worrying about violating challenge rules.

Pros & Cons of OneFunded

Pros

• Unlimited trading period – trade at your own pace without time pressure during evaluations.
• Affordable challenge fees – starting from just $23 for smaller accounts, making it accessible for beginners.
• 100% refundable fees – your initial fee is fully refunded with the first payout.
• Up to 90% profit split – available through an optional add-on for higher earnings.
• Multiple trading platforms – cTrader and TradeLocker available now, with MT5 integration coming soon.
• Weekly payout option – accessible through an add-on for faster profit withdrawals.
• No lot size restrictions – traders have full control over position sizing as long as they follow consistent risk management.

Cons

• Maximum funding – at $100,000 per account and $200,000 total per trader.
• No scaling plan – currently, there's no option to grow account size beyond the maximum cap.
• No account merge feature yet – combining multiple accounts isn't supported, though it's planned for future updates.

OneFunded Rewards Center

The OneFunded Rewards Center is a loyalty program designed to give traders more value for their activity on the platform. By completing simple tasks and challenges, users collect Reward Points that can be redeemed for discounts or even free challenges. It's a way to lower costs, unlock exclusive benefits, and stay motivated.

How It Works

1. Complete tasks → Earn Reward Points.
2. Collect points in your account.
3. Redeem rewards such as discounts or free challenges.

All progress is tracked in real time directly inside your personal dashboard. Exact tasks and rewards may vary and be updated over time.

Key Benefits of the Rewards Center

• Save money – claim discounts on challenges or get one for free.
• Flexibility – decide how to use your points based on your goals.
• Motivation – rewards keep you engaged and progressing.
• Transparency – all earned points and claimed rewards are visible in your account.

OneFunded's Affiliate Program

The OneFunded Affiliate Program allows individuals and businesses to earn revenue by referring clients. As an affiliate, you can receive up to 30% commission on the first purchase and recurring commissions of 12–22% on repeat purchases.

The good part is that anyone can become an affiliate as long as they are aged 18 and above. There is no special experience to become an affiliate. The firm does not require you to pay any money to join its affiliate program. All you need to do is sign up, and you are in.

OneFunded vs. Other Prop Firms

So, how does OneFunded stand next to other big prop firms? The main difference is the no time limit rule, the smallest prices, and the different account sizes. They also give you your challenge fee back with your first payout, which is a very fair thing to do. While other firms might be more well-known, OneFunded is building a strong name by being clear and fair with its traders. It is a great choice for anyone who wants to trade without feeling rushed.

Is OneFunded Legit and Safe?

Based on available data and user feedback, OneFunded appears to be a legitimate proprietary trading firm. It is operated by Brynex Tech Limited, a UK-registered company (No. 15918986).

Although relatively new under its current brand, OneFunded stems from an earlier structure that was rebranded to reinforce transparency and trust within the prop trading community. The firm's goal is to deliver clear evaluation models, no hidden fees, fast payouts, and responsive support—qualities that align with legitimate industry practices.

That said, OneFunded doesn't yet have the long operational record or extensive public documentation seen with older firms. Details about its regulatory standing, partner brokers, and backend operations are still limited, which could make some traders cautious.

However, OneFunded clearly states that it provides educational and simulated trading programs only—not investment or asset management services. Traders do not deposit funds for investment, and all activity takes place in a virtual trading environment using simulated capital. This means participants face no direct financial risk beyond the evaluation fee.

For those considering joining, the platform offers a low entry cost, a transparent rulebook, and a refund option with the first payout, making it a practical option to test without major risk.

As with any prop firm, traders should always:

1. Carefully read the terms and conditions before joining.
2. Start with smaller challenges to evaluate payout consistency.
3. Confirm payout timelines and communication responsiveness.
4. Understand all trading rules and drawdown limits before placing trades.

OneFunded presents itself as a safe and transparent prop firm with realistic funding conditions and fair rules. While still building its track record, its model, structure, and UK registration suggest it operates legitimately within the prop trading space.

FAQs

What makes OneFunded different from other prop firms?

The key differences are its low-cost entry challenges, flexible rules (like allowing EAs, copy trading, and news trading), and the chance to earn up to 90% profit splits. Unlike some firms, OneFunded doesn't restrict lot sizes, which gives traders more freedom.

What account sizes does OneFunded offer?

OneFunded account sizes range from $2,000 to $100,000. That said, $100k is the max allocation. So, if you are looking for million-dollar scaling, you won't find it here (yet)

Does OneFunded allow news trading?

Yes, OneFunded lets traders hold or enter positions around major news events. But there's a catch: if you repeatedly try to exploit quick spikes in the first five minutes after releases, compliance may flag it as "gaming the system."

What markets can I trade with OneFunded?

The firm supports a decent mix of instruments, including: Forex (majors, minors, and exotics), Cryptocurrencies, Indices, Metals (gold, silver, etc.) Stocks

Does OneFunded have a scaling plan?

Currently, no. The maximum allocation is capped at $100,000, and traders can't scale up further. This is a drawback for advanced traders who want multi-million dollar allocations.

What are the payout terms?

OneFunded payouts happen every 14 days by default or weekly if you purchase the add-on. Minimum withdrawal is $100, and you can withdraw via crypto or bank transfer.