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OneUp Trader vs True Forex Funds – Full Comparison

Compare Any Prop Firm

OneUp Trader

True Forex Funds

In this article, we’ll be comparing two prop firms, OneUp Trader and True Forex Funds.

Let’s look at all details.

Prop Firms General Details

In this first table, we compare the year where each prop firm was founded, where their offices are located, and how much balance you can get to trade after scaling (when applicable).

Prop Firm Details OneUp Trader True Forex Funds
Year Founded 2017 2021
Offices Location Delaware, USA Hungary
Maximum Balance $250,000 $2,500,000
Keep First Profits $10,000 Challenge Fee

OneUp Trader is 7 years old. It was founded in 2017, earlier than True Forex Funds which was founded in 2021 and is 3 years old.

Instruments

Here’s a list of all instruments supported by OneUp Trader and True Forex Funds. I divided the list into two parts to show CFDs products and Futures products.

Instruments CFDs OneUp Trader True Forex Funds
Forex
Indices
Metals
Commodities
Stocks
Crypto
Instruments Futures OneUp Trader True Forex Funds
Equity Futures
Foreign Exchange Futures
Agricultural Futures
Energy Futures
Interest Rate Futures
Metals Futures
Crypto Futures
Bonds Futures
Instruments Crypto (non-CFDs) OneUp Trader True Forex Funds
Crypto Spot
Crypto Futures
Crypto Options

Funding Program Types

Prop firms have different program types to achieve a funded account.

Here’s the resume and comparison of the OneUp Trader and True Forex Funds different program types.

Prop Firm Programs OneUp Trader True Forex Funds
One-Step Evaluation
Two Step Evaluation
Instant Funding

Instant Funding Comparison

Instant funding programs give you access to a funded account immediately without needing to pass any challenge.

Instant Funding Rules OneUp TraderTrue Forex Funds
Profit Target
Max Daily Loss
Max Daily Drawdown
Max Loss
Max Drawdown
Minimum Trading Days
Maximum Trading Days
Profit Split

One-Step Program Comparison

One-Step programs are programs that require a single challenge to be passed. As soon as you pass the challenge, achieving the required targets without breaking any rules, you’ll be rewarded with a funded account to trade.

Here’s the comparison table for the OneUp Trader and True Forex Funds prop firms.

One Step Rules OneUp TraderTrue Forex Funds
Profit Target 6%10%
Max Daily Loss 3%
Max Daily Drawdown
Max Loss 6%
Max Drawdown 6% to 2.2%
Minimum Trading Days 155
Maximum Trading Days 30
Profit Split 90%80%

Two-Step Program Comparison

Two-Step programs require that you pass two different challenges before getting funded. Usually, each phase or each challenge has different targets and rules.

Here’s the comparison for OneUp Trader and True Forex Funds.

Two Step Rules OneUp TraderTrue Forex Funds
Profit Target Step 1 8%
Profit Target Step 2 5%
Max Daily Loss 5%
Max Daily Drawdown
Max Loss 10%
Max Drawdown
Min Trading Days Step 1
Min Trading Days Step 2
Max Trading Days Step 1
Max Trading Days Step 2
Profit Split 80%

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Trustpilot Reviews

Trustpilot is a reputable platform when it comes to reviewing products and services.

Here is the rating that OneUp Trader and True Forex Funds have on Trustpilot.

Trustpilot Stats OneUp Trader True Forex Funds
Stars
Trustpilot Rating 4.7/5.0 0/5.0
Number of Reviews 419 931

Free Stuff

Being able to test a prop firm before we commit and purchase is a good thing. We can get used to their trading platform, and understand spreads, commissions, and rules.

Some proprietary firms also offer free repeats in some circumstances, and also free resets, to be able to reset our account before the challenge period is over, in case things are not going as we wanted.

Here’s the comparison for OneUp Trader and True Forex Funds prop firms.

Free Stuff OneUp Trader True Forex Funds
Free Trial
Free Repeat
Free Reset

Trading Styles

Some prop firms may be better for you than others depending on your trading style. In this table, you can see the comparison between the trading styles allowed by OneUp Trader and True Forex Funds prop firms.

Trading Styles OneUp Trader True Forex Funds
Scalping
Day Trading
Swing Trading
Copy Trading
News Trading
EAs/Bots/Algos Trading
Arbitrage Trading
HFT Trading

Trading Hours

Although most proprietary firms are more oriented to day trading, some allow holding positions overnight and even on weekends.

Here’s what is allowed by OneUp Trader and True Forex Funds.

Trading Hours OneUp Trader True Forex Funds
Holding Overnight
Holding Over Weekend

Trading Platforms

We all like to use the trading platform that we are used to. For this reason, prop firms support different trading platforms.

Here’s an extensive list of the platforms supported by OneUp Trader and True Forex Funds.

Supported Platforms OneUp Trader True Forex Funds
MT4
MT5
cTrader
TradingView
MatchTrader
DXtrade
Proprietary
Web
NinjaTrader
Tradovate
Rithmic
TigerTrade
OptimusFlow
InsideEdge Trader
Volfix
ATAS
Overcharts
Medved Trader
Quantower
QST
ScalpTool
TSLAB
TradeNavigator
SierraChart
MultiCharts
Photon
MotiveWave
RInvestor
Bookmap X-Ray
T4
Jigsaw Daytradr
Edgeclear
Finamark
Agena Trader
QScalp
Track N Trade
eSignal
Collective2
Trader Evolution
EdgeProX

Leverage

The leverage provided by the prop firm may be an important factor when choosing it. This is especially true for day trading or scalping, where the position size is usually significantly bigger than for swing trading.

Here’s a comparison of the leverage provided by OneUp Trader and True Forex Funds prop firms.

Leverage CFDs OneUp TraderTrue Forex Funds
Forex 1:100
Indices 1:50
Metals 1:100
Commodities 1:100
Stocks
Crypto 1:5
Leverage Futures OneUp TraderTrue Forex Funds
Futures 1:1
Crypto (non-CFDs) OneUp TraderTrue Forex Funds
Crypto

Payments

Proprietary firms have several ways of payment.

Here’s a table with the comparison between the payment methods accepted by OneUp Trader and True Forex Funds.

Payment Types OneUp Trader True Forex Funds
Wire
PayPal
Neteller
Skrill
Crypto
Credit Card
Google Pay
Payoneer
Revolut
Wise
Deel Card
Nuvei
Checkout.com
Confirmo
Coinbase
Binance
Perfect Money
Payretailers
Paysera

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