REVIEW SUMMARY
OneUp Trader is a Futures prop firm, located in Delaware, USA. It was founded in 2017.
FEATURES
Instruments: Equity Futures, Foreign Exchange Futures, Agricultural Futures, Energy, Interest Rates Futures, Metals Futures.
Max balance: $250,000
Profit split: 90%
Cost: from $125/month
Platforms: NinjaTrader, Rithmic, InsideEdge Trader, Volfix, ATAS, Medved Trader, Quantower, TradeNavigator, SierraChart, Photon, MotiveWave, RInvestor, Bookmap X-Ray, Jigsaw Daytradr, Agena Trader, QScalp, Track N Trade, eSignal.
OneUp Trader is a prop trading firm located in the USA.
In this article, you’ll get a review of this prop firm, including analysis and instructions to get funded with an account from OneUp Trader.
Here’s what you’re going to learn:
OneUp Trader is a prop firm located in the USA.
OneUp Trader is a prop firm that funds traders to trade Futures.
Here’s a list of all of the instruments that you can trade with OneUp Trader:
OneUp Trader has five different account sizes that you can choose from.
The account balances vary between $25,000 and $250,000. The price for the evaluation is between $125/month for the smaller account and $650/month for the bigger one.
There’s no leverage, the trading account balance is the buying power, meaning that the leverage is 1:1.
Your limits are defined by the maximum number of contracts that you can trade. It starts at 3 contracts for the $25,000 account and goes up to 25 contracts for the $250,000 account.
OneUp Trader shares the profits with the trader starting at a 100% profit split for the first $10,000 in profits. After that, the profit split adjusts to 90/10. You get 90% of all the profits that you make and the prop firm keeps 10% for them.
According to Trustpilot, OneUp Trader is classified as excellent. It’s scoring 4.7/5.0 after 400+ reviews of the prop firm.
There’s only one type of challenge.
Here’s a resume of the requirements to pass the evaluation process:
Here’s a table with a resume of the rules for accounts:
| Balance | Contracts | Profit goal | Trailing Drawdown |
|---|---|---|---|
| $25,000 | 3 | $1,500 | $1,500 |
| $50,000 | 6 | $3,000 | $2,500 |
| $100,000 | 12 | $6,000 | $3,500 |
| $150,000 | 15 | $9,000 | $5,000 |
| $250,000 | 25 | $15,000 | $5,500 |
Important to mention that this prop firm’s evaluation has one single step, unlike other firms that typically have two steps.
OneUpTrader doesn’t mention anything against the use of Algos or Bots to trade.
However, it does explicitly refer that some kinds of strategies (which are usually done by robots) are not allowed including:
Currently, the prop firm offers a 7-day free trial period to traders.
There are no free repeats, but there’s a reset option in case you breach any rule.
No discounts here, unfortunately.
All accounts come with free real-time data and a free NinjaTrader license key.
Besides that, OneUp Trader supports the most popular futures trading platforms:
Holding trades after the close of the day is not permitted. All positions must be closed before 3:15 PM CT, or earlier if the market close of that product is before that time.
Leaving positions open for the weekend is also not allowed.
OneUp Trader is aligned with day traders and day trading strategies. If you have a different trading style, you may want to check an alternative (more below in this article).
You can’t have any position open during news, starting one minute before and ending one minute after the news release. Only some high-impact news applies to this rule though, and only news related to the symbol that you are trading.
However, if you like to trade news, then this is a good prop firm for you. You only trade at least 1 minute after the news, right?
You just need to be careful and have good risk management. Learn how to calculate your maximum lot size wisely.
Here are all the payment types accepted by OneUp Trader:
Yes, OneUp Trader is a legit company.
Here are their contacts:
There’s also live chat support on their website.
Here is a list of the best OneUp Trader alternatives:
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