One Up Trader – Firm Review

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8
Expert ScoreRead review
  • Fast account funding after evaluation
  • Speedy withdrawals within 24 hours
  • Flexible trading software options
  • Remote profit splitting system
  • Optional scaling program available
8Expert Score
One Up Trader
One Up Trader offers a comprehensive solution for aspiring proprietary traders with funded account programs ranging from $25,000 to $250,000. Their evaluation process balances reasonable profit targets with realistic drawdown limits. Traders appreciate the straightforward fee structure and responsive customer support, though some mention the challenge of meeting consistency metrics.
OVERALL SCORE
8
PROS
  • • Transparent pricing model, no hidden fees
  • • Low drawdown risk, trader-friendly thresholds
  • • Proprietary trading with proven strategies
  • • Fast trader evaluations and payouts
  • • Innovative risk management technology
  • • Comprehensive educational resources for traders
  • • Global trading access 24/7
  • • Personalized coaching and analytics
CONS
  • • Expensive pricing structure
  • • Limited trading style options
  • • No free educational resources
  • • Higher minimum account requirements

Company Overview

One Up Trader is a proprietary trading firm that offers funded trading accounts to qualified traders worldwide. Founded with the mission to provide capital to skilled traders, One Up Trader differentiates itself through a straightforward two-phase evaluation process: the Challenge and Verification phases. Once traders successfully demonstrate consistent profitability and risk management through these phases, they can access funded accounts with substantial capital.

What sets One Up Trader apart is its trader-friendly approach, featuring a one-time fee structure rather than ongoing subscriptions, generous profit splits of up to 85%, and flexible trading conditions that allow for overnight and weekend positions. The firm caters to various trading styles across multiple financial markets, including futures, forex, and stocks, making it accessible to both novice and experienced traders seeking to scale their trading careers without risking significant personal capital.

Key Features at a Glance

Challenge Fees

  • Standard Challenge: $100-$1,000 (one-time fee depending on account size) – No monthly subscription required
  • Professional Challenge: $150-$1,500 (one-time fee depending on account size) – Higher profit target but more relaxed drawdown rules
  • Reset Option: $50-$500 (50% off original challenge price) – Available if you fail a challenge
  • Continuation Option: $25-$150 (depending on account size) – For continuing after earning a payout on a funded account

Account Types

  • Standard Challenge: 10% profit target with 5% daily and 10% max drawdown limits, suitable for disciplined traders
  • Professional Challenge: 8% profit target with 8% daily and 12% max drawdown limits, designed for more aggressive trading styles
  • Funded Account: Real capital account with bi-weekly profit splits after successfully passing both challenge phases

Profit Split Options

  • Standard Profit Split: 80% trader/20% company – Default split for all funded traders
  • Scaling Plan: Up to 85% trader/15% company – Available after consistent profitability
  • Bi-Weekly Payouts: Regular profit withdrawals available every two weeks


JoinProp Fast account funding after evaluation Speedy withdrawals within 24 hours Flexible trading software options Remote profit splitting system Optional scaling program available

Account Sizes

  • $25,000: Entry-level account size with $100-$150 challenge fee (Standard/Professional)
  • $50,000: Mid-tier account size with $200-$300 challenge fee (Standard/Professional)
  • $100,000: Popular account size with $400-$600 challenge fee (Standard/Professional)
  • $200,000: Advanced account size with $800-$1,200 challenge fee (Standard/Professional)
  • $250,000: Premium account size with $1,000-$1,500 challenge fee (Standard/Professional)

Trading Platforms

  • NinjaTrader: Advanced platform with robust charting and order execution capabilities, ideal for futures trading
  • MetaTrader 4: Industry-standard platform for forex and CFD trading with extensive technical analysis tools
  • MetaTrader 5: Next-generation platform with enhanced features for multi-asset trading
  • TradeStation: Professional-grade platform with advanced analytics and automated trading capabilities

Financial Markets

  • Futures: Trade major futures contracts including E-mini S&P 500, Nasdaq, Dow Jones, Crude Oil, Gold, and more
  • Forex: Access major, minor, and exotic currency pairs with competitive spreads
  • Stocks: Trade equities from major US and global exchanges
  • Crypto Futures: Trade Bitcoin, Ethereum, and other cryptocurrency futures contracts

Challenge Programs Detail

Standard Challenge

Feature Challenge Phase Verification Phase
Duration No time limit No time limit
Profit Target 10% 5%
Daily Drawdown 5% 5%
Maximum Drawdown 10% 10%
Minimum Trading Days 5 days 5 days

Professional Challenge

Feature Challenge Phase Verification Phase
Duration No time limit No time limit
Profit Target 8% 4%
Daily Drawdown 8% 8%
Maximum Drawdown 12% 12%
Minimum Trading Days 5 days 5 days

Challenge Specifications

  • Max Allocation: Up to $250,000 initial account size with potential for scaling
  • Scaling: Double your account size after every 10% gain in the funded account
  • Trading Competitions: Monthly trading competitions with additional cash prizes
  • Free Trial: Not available, but challenge reset is offered at 50% of the original fee
  • Profit Targets: Standard (10% challenge, 5% verification) and Professional (8% challenge, 4% verification)
  • Drawdown Structure:
    • Daily: 5% (Standard) or 8% (Professional) from account starting balance
    • Maximum: 10% (Standard) or 12% (Professional) from account starting balance
    • Trailing: Not implemented; fixed drawdown from starting balance

Trading Rules and Requirements

  • Minimum 5 trading days required in both Challenge and Verification phases
  • Maximum position size of 5% of account balance per trade
  • News trading is allowed but at trader’s own risk
  • Holding positions overnight and over weekends is permitted
  • No EA or automated trading systems allowed during evaluation phases
  • No hedging allowed in futures accounts (allowed in forex)
  • No trading during major economic releases with 10 minutes buffer
  • Profit objectives must be reached while respecting all trading rules

Company Information

  • Founded in 2021 with a focus on providing capital access to skilled traders
  • US-based company with global trader accessibility
  • Customer support available via email, live chat, and Discord community
  • Educational resources including webinars and trading guides
  • Transparent fee structure with no recurring monthly costs

Payout Methods

  • Bank Wire Transfer (3-5 business days)
  • PayPal (1-2 business days)
  • Cryptocurrency – Bitcoin/Ethereum (Same day processing)
  • Wise/Revolut (2-3 business days)
  • Minimum payout amount: $100
  • Bi-weekly payout schedule with no maximum withdrawal limits

Trading Commissions

  • Futures: Standard exchange fees plus $2.50-$4.00 per round turn depending on contract
  • Forex: Competitive spreads starting from 0.5 pips with no additional commission
  • Stocks: $0.01 per share with a minimum of $1.00 per trade
  • No hidden fees or additional platform charges
  • Market data fees covered by One Up Trader for funded accounts

IP Rules

  • Each trader can have multiple accounts, but they must be traded independently
  • VPN usage is not allowed during challenge and verification phases
  • Account sharing is strictly prohibited
  • Trading from different locations is permitted with prior notification to support
  • IP verification is required when logging in from a new device or location

Video Review

One Up Trader Review

Comprehensive review of One Up Trader trading services

Unique Features

Account Scaling

  • Progressive scaling plan that doubles account size after every 10% gain
  • No additional fees or evaluations required for scaling
  • No maximum cap on scaling potential

Trading Flexibility

  • Overnight and weekend position holding allowed
  • No mandatory stop-loss requirements
  • Multiple trading styles accommodated (day trading, swing trading)
  • Unlimited time to complete challenge phases

Trader Support

  • Active Discord community with trading insights and support
  • Regular educational webinars and market analysis sessions
  • Personal account managers for funded traders
  • Responsive customer service via multiple channels

Why Choose One Up Trader?

One Up Trader stands out in the crowded prop firm landscape by offering a balance of trader-friendly conditions and professional capital management. Their approach focuses on identifying genuinely skilled traders while providing the flexibility needed for various trading styles.

Key advantages include:

  • One-time fee structure with no recurring payments
  • Higher profit splits (up to 85%) compared to industry standards
  • No time limits on challenge completion
  • Flexible trading rules allowing overnight and weekend positions
  • Generous scaling program that can multiply account size significantly
  • Bi-weekly payouts with no minimum trading period between withdrawals
  • Transparent rules and objectives with no hidden requirements
  • Account reset options at 50% of the original challenge fee

Frequently Asked Questions

How long does it take to get funded?

The time to get funded depends entirely on your trading performance. Since One Up Trader doesn’t impose time limits on their challenges, you can take as much time as needed to reach the profit targets. Most successful traders complete the Standard Challenge in 2-4 weeks and the Verification Phase in another 1-3 weeks. Once you’ve completed both phases, your funded account is typically set up within 1-2 business days.

Can I hold positions over the weekend?

Yes, One Up Trader allows position holding over weekends and overnight. This flexibility makes the program suitable for swing traders and those who prefer longer-term positions. However, traders should be aware of potential weekend gaps and higher volatility during market open, which could affect drawdown calculations.

What happens if I break a rule?

Rule violations are evaluated on a case-by-case basis. Minor violations typically result in warnings, while serious violations like exceeding maximum position sizes or breaching drawdown limits may result in account termination. One Up Trader emphasizes communication, so contacting support immediately after realizing a mistake may help resolve issues without account termination.

Can I trade news events?

Yes, news trading is allowed at One Up Trader. However, they advise caution as news events can cause extreme volatility and slippage. While there are no specific restrictions on trading during economic releases, traders are responsible for managing the increased risk that comes with news-driven market movements.

How often can I withdraw profits?

Funded traders can withdraw profits on a bi-weekly basis. There is no mandatory holding period between payouts, and the minimum withdrawal amount is $100. Profit calculations are based on the growth above your starting account balance, with payouts processed according to your chosen payment method’s timeframe (typically 1-5 business days depending on the method).

Can I have multiple funded accounts?

Yes, traders can manage multiple funded accounts simultaneously. Each account is treated independently with its own capital allocation and profit/loss tracking. This allows traders to potentially scale their income by running various strategies or trading different markets across multiple accounts.

What's the difference between Standard and Professional challenges?

The Standard Challenge has a higher profit target (10% vs 8%) but stricter drawdown limits (5% daily/10% max vs 8% daily/12% max). The Professional Challenge costs approximately 50% more but offers more flexible drawdown conditions, making it better suited for traders with more volatile strategies or those who take larger positions.

How does account scaling work?

One Up Trader’s scaling program allows funded traders to double their account size after achieving a 10% profit. For example, a $25,000 account would increase to $50,000 after making $2,500 in profit. This scaling can continue indefinitely as traders demonstrate consistent profitability, with no additional evaluation phases required.

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