Overview
OneFunded is a proprietary trading firm that stands out with its ultra-low entry price and refundable challenge fee, offering traders a budget-friendly opportunity to prove their skills. Founded in 2024 in the United Kingdom, the firm provides access to various assets, including Forex, Indices, Metals, and Crypto. With a strong focus on trader support, OneFunded has established itself as a notable player in the prop trading industry.
Challenge Structure & Pricing
OneFunded's 2-Step challenge structure is designed to evaluate a trader's skills, with a starting price of $29, which is significantly lower than many of its competitors. The firm also offers a refundable challenge fee, providing traders with a risk-free opportunity to participate. However, the initial account size at the cheapest tier is only $2,000, which may be a limitation for some traders.
Profit Split & Payouts
OneFunded offers a competitive profit split of up to 90%, with bi-weekly payouts, ensuring that traders can receive their earnings in a timely manner. The firm's payout reliability is further reinforced by its transparent and consistent payout schedule.
Trading Conditions
OneFunded supports multiple platforms, including cTrader and DxTrade, with plans to add MT5 in the future. The firm offers a range of assets, including Forex, Indices, Metals, and Crypto, with a maximum drawdown of 6%. While the firm has a 50% consistency rule, which may be a challenge for some traders, the overall trading conditions are designed to support traders in achieving their goals.
Trust & Reputation
With a Trustpilot score of 4.5/5 based on 177 reviews, OneFunded has established a strong reputation in the industry. The firm's high Trustpilot score and large number of reviews demonstrate its commitment to providing a positive experience for its traders.
Who Is It Best For?
OneFunded is best suited for traders who are looking for a budget-friendly opportunity to prove their skills and access a range of assets. The firm's ultra-low entry price and refundable challenge fee make it an attractive option for new traders or those who want to test their skills without breaking the bank. However, traders who require larger account sizes may need to consider other options.
The Bottom Line
OneFunded is a reputable proprietary trading firm that offers a unique combination of ultra-low entry prices, refundable challenge fees, and competitive profit splits. While the firm has some limitations, such as the small initial account size and 50% consistency rule, its overall package makes it an attractive option for traders who are looking for a budget-friendly and supportive prop trading experience. With its strong reputation and commitment to trader support, OneFunded is definitely worth considering for traders who want to take their skills to the next level.
This review was generated by AI based on publicly available data and may not reflect the most recent changes.
