One Funded - Prop Firm Review
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- Multi-asset CFD prop firm trading simulated forex, indices, commodities, crypto and stocks (250+) on MT5, cTrader and TradeLocker
- 80% base split; the 90% is a paid add-on the homepage does not disclose
- Fully equity-based drawdown — static overall floor (6–10%) plus a daily limit (4–5%)
- You can breach on a winning day by giving back too much floating profit
- No time limit; the consistency rule only delays rather than fails. UK front, Saint Lucia back
Table of contents
TL;DR: One Funded in 30 seconds
- What it is: a multi-asset CFD prop firm trading simulated forex, indices, commodities, crypto and stocks (250+ instruments) on MT5, cTrader and TradeLocker. Core, Value, Flash and Instant challenge types. Up to $200k.
- The split: 80% base. The 90% is a paid add-on, and the homepage’s “up to 90%” never mentions the 80% default.
- The drawdown: fully equity-based - a static overall floor (6-10%) plus a daily limit (4-5%) measured on your start-of-day equity, both counting floating losses.
- The catch: because the daily limit is measured on equity including open profit, you can breach on a winning day simply by giving back too much unrealised gain.
- Cost: from $29 (a rolling monthly discount runs), no monthly fee, $100 payout minimum, $10,000 payout maximum. Consistency never fails you - it only delays.
- Best for: traders who want no time limit, news and weekend holding, and a genuinely documented rulebook - and who bank profit rather than letting it swing.
Last reviewed: 15 July 2026. Checked against One Funded’s official website and help centre. Figures below reflect the products on sale at the time of review; prop firm rules change often, so always confirm on the firm’s own pages before you buy.
Pricing snapshot
CFD pricing
| Program | Account size | Price | Billing | Notes |
|---|---|---|---|---|
| Listed challenge | $10K | USD 79 | One-time | Migrated from existing JoinProp product price field. |
| Listed challenge | $25K | USD 149 | One-time | Migrated from existing JoinProp product price field. |
| Listed challenge | $50K | USD 279 | One-time | Migrated from existing JoinProp product price field. |
| Listed challenge | $100K | USD 499 | One-time | Migrated from existing JoinProp product price field. |
| Listed challenge | $200K | USD 899 | One-time | Migrated from existing JoinProp product price field. |
joinpropUse code joinprop for the listed JoinProp reader discount at One Funded.
Company and regulation
One Funded uses a two-entity structure. The website is “owned and operated by Brynex Tech Limited, a UK-registered company (No. 15918986)” at a London address, positioned purely as a “technology and platform service provider” that “does not provide financial services… and does not accept or hold client funds.” The actual funding counterparty is a separate offshore entity, OneFunded Capital Ltd, in Saint Lucia. This is the standard liability-shielding split: a UK front and an offshore back.
It is not regulated and says so plainly: “OneFunded is not a broker… We do not accept trading deposits, execute trades in financial markets, or hold client funds.”
The accounts are simulated, and the firm is repeatedly clear about it: “All trading activity on OneFunded takes place in a simulated trading environment using virtual funds… no client or investor capital is involved.” Payouts are real money paid on simulated performance.
The rule worth understanding: you can fail a winning day
One Funded’s most consequential design choice is that all its drawdown is measured on equity, not balance - and the daily limit interacts with unrealised profit in a way that catches traders out.
The daily limit is a percentage of your start-of-day equity, and equity includes floating profit and loss. The firm’s own worked example makes the trap vivid: on a $5,000 account, your floating profit rises to +$500 (equity $5,500), then falls back to +$150 (equity $5,150). That $350 intraday drop “constitutes a breach, even though no positions were closed and the account remains in floating profit.”
Read that twice, because it is unusual. Most firms measure the daily limit off your balance or your closed equity, so giving back open profit costs you nothing. One Funded measures it continuously off floating equity - so a volatile but still-winning day can breach you. It rewards banking profit and punishes letting a good trade swing. If your style involves running winners with wide give-back, this rule is a poor fit, and it is the single most important thing to understand before buying.
The overall drawdown, by contrast, is a static floor from your initial balance (6-10% by plan) that never trails and never resets - breach it and the account is permanently terminated.
The products, split and the kinder consistency rule
One Funded sells several challenge types - Core, Value, Flash and Instant - in sizes up to $200k, from $29 on a $5k. There is no time limit, which removes a common trap.
The split is 80% base, with the 90% sold as a paid add-on - and, as with much of this sector, the homepage’s “keep up to 90%” never discloses that the default is 80% and that the upgrade costs extra.
One genuinely trader-friendly feature deserves credit, though: the consistency rule never breaches your account. If your best day exceeds the cap (50% in evaluation, 30% funded, 20% on Instant), it simply delays your pass or payout by raising the bar, rather than failing you. That is a materially fairer approach than the all-or-nothing consistency rules some competitors use.
Payouts and rules
- Payout: $100 minimum, $10,000 maximum per request, on a 14-day cycle (7 days with a paid add-on). Methods: Rise, crypto (USDT) and bank transfer.
- News: allowed at all stages, with a monitored five-minute window around high-impact events.
- Overnight and weekend holding allowed (swap fees apply).
- EAs: allowed only with prior email approval, and fully-automated execution EAs are not permitted - only assistant-type tools.
- Prohibited: a long list including Martingale, grid, tick scalping, latency and reverse arbitrage, and unauthorised copy trading.
- Inactivity: trade at least every 60 days (evaluation) or 30 days (funded), or the account closes. No recurring monthly fee.
Verdict
One Funded gets a lot right on documentation and fairness: a genuinely detailed rulebook with worked examples for every risk rule, no time limit, a consistency rule that only delays rather than fails, news and weekend holding allowed, a low $100 payout, and clear, repeated disclosure that the product is simulated. For a patient trader who reads the rules, it is a fair and transparent offering.
The two things to weigh: the “up to 90%” headline hides an 80% base with a paid upgrade, and the equity-based daily drawdown can fail you on a winning day if you let open profit swing. Add the UK-front, Saint-Lucia-back entity structure and the simulated nature, and the picture is a well-run, honest-on-paper firm whose one sharp edge is a floating-equity daily rule that rewards taking profit off the table. Bank your gains, and it treats you fairly.
Frequently Asked Questions
Is One Funded regulated?
No. The website is operated by Brynex Tech Limited, a UK company positioned only as a technology provider that does not provide financial services or hold client funds, while the actual funding entity is OneFunded Capital Ltd in Saint Lucia. One Funded states plainly that it is not a broker, does not execute trades in financial markets, and does not hold client funds. It is unregulated.
What is the One Funded profit split?
The base split is 80%, and the advertised “up to 90%” is a paid add-on. The homepage promotes the 90% figure without disclosing that the default is 80% and that the higher split costs extra, so treat 80% as what you get unless you buy the upgrade.
Can you fail a One Funded challenge on a winning day?
Yes, and this is its most important rule. The daily drawdown limit is measured on your start-of-day equity, which includes floating profit and loss. The firm’s own example shows that if your floating profit rises then falls back by more than your daily allowance, you breach even though the account is still in profit and no positions were closed. Most firms measure the daily limit off balance; One Funded measures it off floating equity.
How does the One Funded overall drawdown work?
The overall drawdown is a static floor calculated from your initial balance, between 6% and 10% depending on the plan. It does not trail upward with profits and it never resets, so it is a hard, permanent cap. Breaching it results in permanent termination of the account. It is measured on equity, so floating losses count.
Does One Funded’s consistency rule fail your account?
No, and this is a genuinely trader-friendly feature. If your best day exceeds the consistency cap (50% in evaluation, 30% once funded, 20% on Instant), it does not breach your account - it simply delays your pass or payout by raising the required target until your profit is more evenly distributed.
Are One Funded accounts simulated?
Yes. All trading takes place in a simulated environment using virtual funds, with no trades executed in live markets and no client capital involved. Payouts are real money paid on your simulated performance, and the firm discloses this repeatedly.
How do One Funded payouts work?
The minimum payout is $100 and the maximum is $10,000 per request, on a 14-day cycle that can be shortened to 7 days with a paid add-on. Payouts are made via Rise, crypto (USDT) or bank transfer. There is no time limit on challenges and no recurring monthly fee, though inactivity of 60 days (evaluation) or 30 days (funded) closes the account.
