OneFunded Review

OneFunded is a UK-based prop firm owned by Brynex Tech Ltd. It gives traders a way to earn funding through 1-step, 2-step, and limited challenges, all using simulated capital. The profit targets are fair at 7% to 10%, and every plan includes unlimited trading days and a refundable fee once you hit payout.

Traders can use cTrader or TradeLocker, both known for fast execution and low spreads. MetaTrader 5 is expected to be added soon, which will make it easier for traders who rely on automated strategies.

OneFunded uses an equity-based drawdown system, which tracks both balance and floating profit when managing risk. Payouts are made every 14 days, with an option to switch to weekly payouts through an add-on. Combined with simple rules, fair targets, and refund policies, OneFunded’s setup aims to make the evaluation process more approachable for everyday traders.

OneFunded at a Glance

Feature	Details
Company Name	Brynex Tech Ltd (UK, Company No. 15918986)
Evaluation Models	1-Step, 2-Step, and Limited (1F Limited) Challenges
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 Overall Drawdown	6% (1-Step), 10% (2-Step), 11% (Limited)
Trading Period	Unlimited (no time limits)
Minimum Trading Days	5 (1-Step), 3 (2-Step), 2 (Limited)
Profit Split	Standard 80%, 90% with add-on
Refund Policy	100% refund with first payout
Leverage	1:100 (Forex), 1:30 (Indices/Commodities), 1:2 (Crypto/Stocks)
Platforms	cTrader, TradeLocker (MT5 coming soon)
Payouts	Every 14 days (weekly add-on available)
Funding Type	Simulated (educational, not live accounts)

Quick Verdict

✅ Best for:

• Traders who prefer to trade without time pressure
  
• Traders looking for affordable entry fees and full refunds after payout
  
• Those comfortable using cTrader or TradeLocker
  

❌ Not ideal for:

• Traders who want instant funding
  
• Those needing more than $200,000 in total active funding
  

Company Model

OneFunded operates as a simulation-based prop firm managed by Brynex Tech Ltd, a UK-registered company. All trading takes place on virtual accounts that reflect real-market prices and liquidity.

Traders earn payouts based on simulated profits once they pass the evaluation and reach payout thresholds. The firm processes these payouts every 14 days, or weekly if the add-on is purchased.

This model is now standard among prop firms, but OneFunded emphasizes clear rules, transparency, and refundable fees, creating a safer path for traders who want to build consistency before managing larger accounts elsewhere.

Programs & Pricing

OneFunded offers three main challenge types: 1-Step, 2-Step, and 1F Limited.
Each one uses simulated capital, unlimited time, and refundable fees after the first payout.

1-Step Challenge

Account Size	Fee	Profit Target	Daily Drawdown	Max Loss	Min Days	Trading Period
$2,000	$29	10%	4%	6%	5 Days	Unlimited
$5,000	$56	10%	4%	6%	5 Days	Unlimited
$10,000	$107	10%	4%	6%	5 Days	Unlimited
$25,000	$204	10%	4%	6%	5 Days	Unlimited
$50,000	$307	10%	4%	6%	5 Days	Unlimited
$100,000	$564	10%	4%	6%	5 Days	Unlimited

The 1-Step Challenge is straightforward: hit a 10% target while staying within the drawdown limits.

2-Step Challenge

Account Size	Fee	Profit Target (Phase 1 / 2)	Daily Drawdown	Max Loss	Min Days	Trading Period
$2,000	$23	8% / 5%	5%	10%	3 Days	Unlimited
$5,000	$45	8% / 5%	5%	10%	3 Days	Unlimited
$10,000	$89	8% / 5%	5%	10%	3 Days	Unlimited
$25,000	$179	8% / 5%	5%	10%	3 Days	Unlimited
$50,000	$279	8% / 5%	5%	10%	3 Days	Unlimited
$100,000	$516	8% / 5%	5%	10%	3 Days	Unlimited

This challenge is more traditional, with two profit targets before reaching a funded account. It allows for slower, consistent trading with the same unlimited time policy.

1F Limited Challenge

Only 300 total spots are available for this plan, which comes with easier targets and higher drawdown tolerance.

Account Size	Fee	Profit Target (Phase 1 / 2)	Daily Drawdown	Max Loss	Min Days	Trading Period
$2,000	$25	7% / 4%	5%	11%	2 Days	Unlimited
$5,000	$49	7% / 4%	5%	11%	2 Days	Unlimited
$10,000	$92	7% / 4%	5%	11%	2 Days	Unlimited
$25,000	$193	7% / 4%	5%	11%	2 Days	Unlimited

This limited-time program offers the easiest path to funding, making it appealing for traders who want to pass quickly while still following structured risk rules.

Rules You Must Know

All rules below are taken directly from OneFunded’s documentation.

Risk Management

• Daily Drawdown:
  
  • 4% on 1-Step
    
  • 5% on 2-Step and 1F Limited
    
• Maximum Loss:
  
  • 6% on 1-Step
    
  • 10% on 2-Step
    
  • 11% on 1F Limited
    
• Equity-Based Drawdown:
  OneFunded uses an equity-based system that counts both closed and floating trades when calculating drawdown limits.
  

Position Sizing Consistency Rule

• Traders must keep risk per trade idea within 2% of the initial balance.
  
• Multiple trades on the same instrument in the same direction count as one “idea.”
  
• Sudden large increases in lot size or high-risk trades may lead to account review.
  

Trading Behavior

• News trading is allowed, but positions that exploit volatility around high-impact events may be reviewed.
  
• Overnight trading is allowed; however, swap fees apply.
  
• Stop loss is optional, though recommended.
  
• Prohibited strategies include latency arbitrage, tick scalping, reverse arbitrage, or using delayed data feeds.
  

Other Account Rules

• Minimum trading days: 2–5 depending on challenge type.
  
• Traders now have up to 60 days of inactivity during the evaluation phase before the account is considered inactive.
  
• No strict lot size limits, but risky or inconsistent sizing may trigger review.

Payouts & Withdrawals

OneFunded’s payout process is straightforward and transparent:

• Profit Split: 80% standard; 90% with the paid “90/10 Profit Split Add-on.”
  
• Payout Frequency: Every 14 days after the first payout; weekly with the “Weekly Payout Add-on.”
  
• Minimum Payout: $100
  
• Methods:
  
  • Crypto (USDT ERC-20) for payouts under $1,000
    
  • Bank transfer for payouts above $1,000
    
• Processing:
  Once a payout is requested, the trader’s account becomes view-only until the payment is completed.
  
• Conditions:
  All trades must be closed, and no pending orders can remain before requesting withdrawal.
  

Additional Notes:

• Payout requests can be made every 14 days after opening the first trade.
  
• With the weekly add-on, payouts can be requested every 7 days.
  
• If a funded account breaches drawdown limits, no payouts are issued for that cycle.

Platforms & Technology

OneFunded supports trading on cTrader, TradeLocker, and soon MetaTrader 5. All three platforms are available on web, desktop, iOS, and Android, giving traders full device flexibility.

cTrader

• Professional-grade platform with advanced charting, depth of market, and fast execution speeds.
  
• Best suited for traders who need transparency in order flow and detailed data visualization.
  

TradeLocker

• A modern, lightweight trading platform designed for simplicity and speed.
  
• Offers fast order execution, mobile trading, and a clean user interface for day and swing traders alike.
  

MetaTrader 5 (Coming Soon)

• OneFunded has listed MT5 as “coming soon.”
  
• The addition will support automated trading and expert advisors, along with multi-asset access.
  

These platforms connect traders to virtual markets with live data, meaning all executions mirror real price movements but occur within simulated accounts.
This ensures a realistic environment for strategy testing and performance tracking without financial exposure.

Mentorship, Education & Community

While OneFunded does not advertise structured mentorship programs or trading courses, it does emphasize community support and real trader feedback.

Community Access

• Traders are encouraged to join the official Discord server, where OneFunded provides updates, support, and community discussion spaces.
  

Customer Support

• The firm highlights “Real customer care” as one of its core values, promising direct and quick communication with support staff.
  
• Support is led by Oliver (Head of Support) and the broader team that includes specialists in marketing, product, and community.
  

Team Transparency

• Leadership and staff are publicly listed on the site:
  
  • Anastasiia – CEO (former trader, founder of OneFunded)
    
  • Ethan – Head of Marketing
    
  • Iana – Head of Product
    
  • Oliver – Head of Support
    
  • Nadine – Head of Retention
    
  • Ravi – Head of Regional Marketing
    
  • Victoria – Head of Community
    

Resets, Refunds & Fees

Refund Policy

All challenge fees are 100% refundable once traders reach their first payout.
This applies to all evaluation types — 1-Step, 2-Step, and 1F Limited.

Resets

While the document does not mention a dedicated reset feature, traders can repurchase a new challenge if an account is breached. There is no mention of automatic free retries.

Fees

• Entry fees range from $23 to $564 depending on account size and challenge type.
  
• Add-ons:
  
  • Weekly Payout Add-on: allows payout requests every 7 days instead of 14.
    
  • 90/10 Profit Split Add-on: increases profit split from 80% to 90%.
    
• Refund eligibility: The challenge fee is refunded with the first payout, once a trader reaches the funded stage and qualifies for withdrawal.
  

Once funded, traders must place at least one trade every 30 days to keep their account active.

Pros & Cons

✅ Pros

• Unlimited trading period — no time pressure during evaluations.
  
• Affordable challenge fees starting at $23 for smaller accounts.
  
• 100% refundable fees with the first payout.
  
• Up to 90% profit split with the add-on.
  
• Multiple platforms — cTrader and TradeLocker, with MT5 coming soon.
  
• Weekly payout option available through add-on.
  
• No lot size limits — traders can choose their own position size as long as risk remains consistent.
  

❌ Cons

• Maximum funding capped at $100,000 per account and $200,000 total.
  
• No scaling plan mentioned.
  
• No official account merge feature (planned for the future).

Is OneFunded Legit?

OneFunded is managed by Brynex Tech Ltd, a UK-registered company (No. 15918986).
It operates as a simulated trading platform, meaning all challenges and funded accounts are based on virtual capital, not live investor funds.

OneFunded’s model and transparency are consistent with how most modern evaluation-based prop firms operate. Its refund policy, company registration, and clear public leadership (headed by CEO Anastasiia) add legitimacy to its structure.

Verdict:
Yes, OneFunded is a legitimate prop firm operating under UK registration. It provides real payouts and clear documentation, though it remains a simulated-only funding provider, not a live capital allocator.

OneFunded Discount Code

Looking to save on your next challenge?
OneFunded currently offers an active discount code for new traders.

• Discount Code: FT15
• Discount Amount: 15% off
• Applies to: All 1-Step and 2-Step challenges starting from $5,000

To use it, enter the code FT15 during registration when purchasing your challenge.
The discount applies instantly and lowers the entry fee for eligible account sizes.

💡 Example: A $10,000 1-Step challenge that normally costs $107 will drop to about $91 when you apply the code FT15.

Conclusion

OneFunded is a straightforward prop firm with fair rules, realistic targets, and affordable entry costs. Its unlimited trading period, refundable fees, and weekly payout option make it an accessible choice for traders who want to focus on consistency rather than speed.

The firm operates under Brynex Tech Ltd, a registered company in the United Kingdom.

Overall, OneFunded fits traders who want:

• A simple challenge with no time pressure
  
• Fair risk limits and consistent payout scheduling
  
• Modern trading platforms like cTrader and TradeLocker
  

It’s not the largest prop firm or the most feature-rich, but it delivers what it promises: a clean, rules-based funding structure with transparency and steady payouts.