Become a Fully Funded Trader
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OneUp Trader Review
OneUp Trader is a U.S.-based proprietary trading firm that focuses on futures trading and offers over 50 trading instruments. This prop firm supports a wide number of trading platforms and offers a 7-day free trial for prospective traders.
Coupon Code for OneUp Trader
OneUp Trader occasionally offers promotional codes and discounts. To stay updated on the latest offers, it’s recommended to subscribe to their newsletter or follow their official social media channels.
Pros and cons
- High profit split, with 100% of the first $10,000
- Access to a wide range of trading platforms
- 7-day free trial available
- Simple 1-step evaluation process
- Limited to futures trading; no forex or stock trading
- Strict adherence to trading rules is required
About OneUp Trader: An Overview
OneUp Trader aims to bridge the gap between skilled traders and funding opportunities. By offering a straightforward evaluation process and access to significant capital, the firm empowers traders to demonstrate their abilities and grow professionally.
Company Name of OneUp Trader
OneUp Trader operates under the name OneUp Trader LLC.
Address Details of OneUp Trader
The address of OneUp is 1007 N. Orange St., 4th Floor, Wilmington, Delaware 19801, USA.
Founding Year of OneUp Trader
OneUp Trader was founded in 2017 with the goal of simplifying the path to becoming a funded trader. Since its launch, the firm has grown steadily in popularity, especially among futures traders looking for a streamlined evaluation process.
Who Owns OneUp Trader?
The CEO and Co-founder of OneUp Trader is Luis Borges.
Trading Platforms at OneUp Trader
OneUp Trader supports over 20 trading platforms, including:
- NinjaTrader
- R | Trader Pro
- Agena Trader
- MultiCharts
- Sierra Chart
- Bookmap
- Quantower
- Jigsaw Trading
- ATAS Order Flow Trading
This number of platforms is more than good. Many bigger competitors offer a few trading platforms.
Instruments Available with OneUp Trader
At OneUp you can trade:
- Equity futures
- Currency futures
- Commodity futures
- Interest rate futures
How to Make Payments at OneUp Trader
Payments for evaluation accounts can be made via major credit/debit cards and PayPal. The subscription fee is billed monthly until the evaluation is either passed or canceled.
Account Sizes Available at OneUp Trader
OneUp Trader offers funded account sizes of:
- $25,000
- $50,000
- $100,000
- $150,000
- $250,000
Each account size has specific parameters regarding profit targets, drawdowns, and contract limits.
Profit Splits in OneUp Trader
Traders retain 100% of their first $10,000 in profits. They receive a 90% profit split, allowing them to maximize earnings from their trading activities.
Profit Targets for OneUp Trader:
Profit targets vary based on account size:
- $25,000 account – $1,500 target
- $50,000 account – $3,000 target
- $100,000 account – $6,000 target
- $150,000 account – $9,000 target
- $250,000 account – $15,000 target
These targets must be achieved without violating any trading rules.
Maximum Daily Drawdown and Loss at OneUp Trader
OneUp Trader employs a trailing drawdown mechanism, which varies by account size. For instance, a $100,000 account has a trailing drawdown of $3,500. Notably, there is no fixed daily loss limit, but traders must ensure their account balance does not breach the trailing drawdown level.
Minimum/Maximum Trading Days Required at OneUp Trader
To qualify for funding, traders must complete a minimum of 10 trading days during the evaluation phase. There is no maximum time limit; traders can take as long as needed to reach their profit targets, even if it spans several months.
OneUp Trader: Rules and Challenges
OneUp Trader offers a 1-step evaluation process. Traders are required to meet specific profit targets while sticking to rules such as:
- Avoiding the trailing drawdown limit
- Closing all positions by 3:15 PM CT
- Refraining from trading during restricted times, specifically between 3:15 PM CT and 5:00 PM CT on weekdays
Steps Available in OneUp Trader Challenge
The evaluation consists of a single step.
Pricing for OneUp Trader Challenge
Account Size | Price |
---|---|
$25k | |
$50k | |
$100k | |
$150k | |
$250 |
Commissions and Fees at OneUp Trader
During the evaluation:
- Standard instruments incur a $2.50 per side commission.
- Micro contracts have a $1.00 per side commission.
In funded accounts:
- Exchange fees are covered by the funding partner.
- Platform fees are the trader’s responsibility.
Contact OneUp Trader
For assistance:
- Phone: +1 302-231-0217
- Email: support@oneuptrader.com
- Address: 1007 N. Orange St., 4th Floor, Wilmington, Delaware 19801, USA
OneUp Trader: Refund Policies
OneUp Trader offers partial refunds to traders who do not pass the evaluation, providing some financial relief.
Trial Offers at OneUp Trader
Prospective traders can access a 7-day free trial of a $100,000 account. This trial is unmonitored and serves as an opportunity to familiarize oneself with the platform and rules before committing to a paid evaluation.
Payout Schedules of OneUp Trader
Funded traders can request withdrawals anytime between Monday and Friday, with processing typically completed within 1–2 business days.
OneUp Trader FAQ Section
Traders are allowed up to three evaluation accounts and three funded accounts simultaneously. However, only one can be an Express Funding account at any given time.
While OneUp Trader doesn’t offer free retries, traders can reset their evaluation account for a fee:
$50 for $25K and $50K accounts.
$100 for all other account sizes.
Violating any trading rules, such as exceeding the drawdown limit or trading during restricted times, can result in disqualification from the evaluation or termination of the funded account.
Yes. Funded traders must maintain a minimum weekly trade execution of at least 50% of their average during the evaluation phase. Extended inactivity requires prior approval.
Yes. OneUp Trader employs Dynamic Scaling Targets, adjusting a trader’s buying power based on the account’s cash-on-hand value at the start of each trading day.