Prop365
- Massive capital expansion for traders
- Straightforward path to consistent income
- Fast daily settlement of profits
- Personalized guidance for optimal results
- Expert backing throughout trading journey
Firm Overview
Prop365 operates as OneFunded (prop365.com), run by Brynex Tech Limited (UK). Offers 1-step (8% target, 5% daily/8% max DD), 2-step (8%/5% targets, 5% daily/10% max DD), and 2-step Max (10%/5% targets, 5% daily/10% max DD). All drawdown limits are fixed/static – they do not trail from equity highs. Minimum 3 trading days (1-step) or 5 trading days (2-step). No consistency rules.
Platforms
TradeLocker only – available as web app and mobile. No MT4, MT5, NinjaTrader, or cTrader. TradeLocker offers a clean modern interface with full charting and order management. If your strategy requires a specific platform, confirm compatibility before purchasing.
Key Rules
- EAs / Automated trading: Not permitted
- News trading: Permitted
- Weekend holding: Permitted
- Copy trading: Contact firm to confirm
- Minimum trading days: 3 (1-step) / 5 (2-step)
- No consistency rules
Company Information
- Operator: Brynex Tech Limited (UK)
- Brand: OneFunded / prop365.com
- Accounts: $5,000 to $100,000; 80% profit split
- Drawdown: Fixed 5% daily / 10% max (non-trailing)
- Payouts: Bi-weekly, ~12-hour processing
- Traders: 8,500+
Prop365 (OneFunded) Prop Trading Firm Overview
Prop365 is a proprietary trading firm operated by Brynex Tech Limited, a UK-registered company (Company No. 15918986) headquartered at 71-75 Shelton Street, Covent Garden, London. The firm launched in 2024 and offers funded trading evaluations across a wide range of markets including forex, futures, stocks, indices, metals, energies, and cryptocurrencies. Since its launch, Prop365 has undergone a significant rebrand, with the platform now also operating under the OneFunded brand — prop365.com redirects to the OneFunded trading ecosystem. The firm’s core mission is straightforward: to provide traders with accessible, low-barrier evaluation programs that offer funded capital with competitive profit splits and fast payout processing.
What distinguishes Prop365 from many competitors is its combination of low profit targets, no time limits on evaluations, and a refundable challenge fee model — successful traders who pass the evaluation have their challenge fee returned with their first payout, effectively making the evaluation free of charge for traders who pass. The firm operates on the TradeLocker platform and supports both 1-step and 2-step evaluation structures across account sizes from $5,000 to $100,000. Standard payouts are processed bi-weekly with an average turnaround of approximately 12 hours from request to receipt, and the funded account is activated within 48 hours of passing the evaluation.
As a relatively new firm launched in 2024, Prop365 / OneFunded is still building its long-term track record. However, early community feedback has been broadly positive, with traders praising the firm’s payout reliability, rule simplicity, and accessible challenge targets. For traders looking for a multi-asset prop trading experience with low entry barriers and refundable fees, Prop365 / OneFunded represents a notable option in the modern funded trading landscape.
Key Features at a Glance
Challenge Fees
Prop365 offers competitively priced evaluation programs across its 1-step and 2-step challenge pathways, with a notable refund policy: all challenge fees are returned to the trader as part of their first funded account payout upon successful completion. This effectively makes the evaluation cost-free for traders who pass, setting the firm apart from competitors where fees are non-refundable regardless of outcome. The firm accepts payment via credit and debit cards, PayPal, and cryptocurrencies.
- 1-Step Challenge: competitive one-time fee based on account size ($5,000 to $100,000)
- 2-Step Challenge: competitive one-time fee based on account size
- Challenge fees fully refundable upon passing — returned with first funded account payout
- No recurring monthly subscription fees
- Funded account activated within 48 hours of passing evaluation
- Payment accepted via credit/debit card, PayPal, and cryptocurrency
Account Types
Prop365 offers two main evaluation pathways — a 1-Step Challenge and a 2-Step Challenge — each leading to a funded simulated trading account. The 1-Step Challenge is the more direct route with a single phase and tighter risk parameters per phase. The 2-Step Challenge follows the industry-standard two-phase structure with lower per-phase profit targets and more generous drawdown rules. All funded accounts trade on the TradeLocker platform and provide access to the firm’s full range of available markets.
- 1-Step Challenge Account: single-phase evaluation with 10% profit target and 4% daily / 6% max drawdown rules
- 2-Step Challenge Account: two-phase evaluation — Phase 1 (8% target), Phase 2 (5% target) — with 5% daily / 10% max drawdown
- Funded Simulated Account: activated within 48 hours of passing, with 80% profit split and bi-weekly payout eligibility
- All evaluations: no time limits — traders progress at their own pace without expiration deadlines
- Available account sizes: $5,000 to $100,000
Profit Split Options
Prop365 / OneFunded offers an 80% profit split for all funded traders across all account types. This means traders retain 80% of all profits generated on their funded accounts, with the remaining 20% retained by the firm. Payouts are processed bi-weekly, with an average processing time of approximately 12 hours from request to receipt. Under the OneFunded rebrand, higher profit splits of up to 90% have been introduced for certain account tiers, making the platform increasingly competitive with top-tier industry offerings.
- Standard profit split: 80% trader / 20% firm on all funded accounts
- OneFunded tier: up to 90% profit split available under expanded program
- Payout frequency: bi-weekly (every 14 days)
- Average payout processing time: approximately 12 hours from request
- Challenge fee refunded with first payout upon passing evaluation
Account Sizes
| Account Size | 1-Step Target | 2-Step Ph.1 Target | 2-Step Ph.2 Target | Profit Split |
|---|---|---|---|---|
| $500 (10%) | $400 (8%) | $250 (5%) | 80% | |
| $1,000 (10%) | $800 (8%) | $500 (5%) | 80% | |
| $2,500 (10%) | $2,000 (8%) | $1,250 (5%) | 80% | |
| $5,000 (10%) | $4,000 (8%) | $2,500 (5%) | 80% | |
| $10,000 (10%) | $8,000 (8%) | $5,000 (5%) | 80% |
Trading Platforms
Prop365 / OneFunded operates exclusively on the TradeLocker platform. TradeLocker is a modern, web-based trading platform designed specifically for the prop trading ecosystem, offering professional charting, multi-asset order management, and real-time account monitoring. The platform is accessible from any web browser without software installation, making it convenient for traders working across different devices and locations.
- TradeLocker — primary and only supported platform; web-based with no software installation required
- Professional charting and technical analysis tools built into the platform
- Multi-asset order management covering all available instrument classes
- Real-time account monitoring and risk management dashboard
- Compatible with desktop browsers; mobile access available
Financial Markets
One of the strongest aspects of Prop365 / OneFunded is its broad multi-asset market access. Unlike many prop firms that restrict traders to a single asset class, Prop365 gives funded traders access to a wide variety of markets through the TradeLocker platform. This makes the firm particularly well-suited for traders who employ cross-asset strategies or prefer to trade different markets depending on macroeconomic conditions.
- Forex — major, minor, and exotic currency pairs with tight spreads
- Futures — futures contracts across multiple underlying markets
- Stocks — individual equity trading on major global exchanges
- Indices — major global equity indices (S&P 500, Nasdaq, FTSE, DAX, and more)
- Metals — Gold (XAU/USD), Silver (XAG/USD), and other precious metals
- Energies — Crude Oil (WTI and Brent), Natural Gas, and other energy commodities
- Cryptocurrencies — major crypto pairs including BTC, ETH, and others
Prop365 Challenge Programs
Prop365 offers two core evaluation pathways: the 1-Step Challenge for traders who prefer a faster, single-phase route to funded status, and the 2-Step Challenge for those who prefer a two-phase approach with lower per-phase targets and more generous overall drawdown allowances. Both programs share the firm’s commitment to no time limits — traders can take as long as needed to complete the evaluation without facing expiration. Importantly, all challenge fees are fully refundable upon passing, meaning successful traders recoup their evaluation cost entirely.
1-Step Challenge
The 1-Step Challenge requires traders to hit a single 10% profit target while staying within a 4% daily loss limit and 6% maximum drawdown. There is no time limit and no mandatory minimum trading days. Passing the challenge results in a funded simulated account being activated within 48 hours, with the evaluation fee refunded with the first payout. The 1-Step program is best suited for experienced traders who are confident in their ability to hit a 10% target efficiently without the two-phase structure.
| Parameter | Value |
|---|---|
| 10% of account balance | |
| 4% of account balance | |
| 6% of account balance | |
| None — unlimited time | |
| None | |
| Yes — refunded with first payout upon passing |
2-Step Challenge
The 2-Step Challenge splits the evaluation into two phases, each with lower individual profit targets and more generous drawdown allowances than the 1-Step program. Phase 1 requires an 8% profit target; Phase 2 requires a 5% profit target. Both phases allow a 5% daily loss and a 10% maximum drawdown — significantly more room than the 1-Step rules. Passing both phases activates the funded account within 48 hours. The 2-Step structure is better suited for traders who prefer to demonstrate consistency across two evaluation periods rather than hitting a single larger target.
| Parameter | Phase 1 | Phase 2 |
|---|---|---|
| 8% | 5% | |
| 5% | 5% | |
| 10% | 10% | |
| None | None | |
| None | None |
Prop365 Trading Rules
Prop365’s trading rules are intentionally simple and trader-friendly. The firm enforces a daily loss limit and a maximum drawdown limit as the core risk parameters — both calibrated to give traders meaningful room to operate without creating the kind of hair-trigger limits that disqualify traders on normal intraday volatility. There are no time limits, no mandatory minimum trading days, and the evaluation fee is fully refundable upon passing. Traders should note that specific consistency rules and detailed funded account rules should be verified directly with the firm, as the 2024 launch means the full rule set may continue to evolve.
- 1-Step: 4% daily loss limit, 6% maximum drawdown, 10% profit target
- 2-Step: 5% daily loss limit, 10% maximum drawdown, 8% (Phase 1) and 5% (Phase 2) profit targets
- No time limits on either evaluation program
- No minimum trading days requirement
- Evaluation fees fully refunded with first funded account payout
- Funded account activated within 48 hours of passing evaluation
- Bi-weekly payouts with an average 12-hour processing time
- 80% profit split on all funded accounts
Prop365 Company Information
Prop365 is operated by Brynex Tech Limited, a company registered in England and Wales (Company Registration Number 15918986) with a registered address at 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ. The firm launched its evaluation platform in 2024 and has since processed thousands of challenge registrations, building a community of funded traders across forex, futures, stocks, and other asset classes.
In 2024-2025, Brynex Tech Limited expanded its prop trading presence by rebranding Prop365 under the OneFunded name, with the OneFunded platform now offering enhanced features including higher profit splits of up to 90% and larger maximum account sizes of up to $200,000 or more. The prop365.com domain continues to redirect to the OneFunded platform. For traders who began their journey on Prop365, the OneFunded rebrand represents a continuation and evolution of the same underlying infrastructure and evaluation philosophy, now with an expanded product line.
- Legal entity: Brynex Tech Limited (Company No. 15918986, England and Wales)
- Registered address: 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, UK
- Launched: 2024
- Rebranded as OneFunded — prop365.com redirects to OneFunded platform
- Trading platform: TradeLocker (web-based, no software required)
- Markets: Forex, futures, stocks, indices, metals, energies, cryptocurrencies
- Maximum account size: $100,000 (Prop365) / $200,000+ (OneFunded)
Payout Methods
Prop365 / OneFunded processes payouts on a bi-weekly schedule, with an average turnaround of approximately 12 hours from payout request to receipt. The firm supports multiple payment methods for both evaluation fee payments and profit withdrawals. Challenge fees paid via card or cryptocurrency are refunded through the same channel with the trader’s first funded account payout. Fast payout processing has been consistently highlighted as a strength in community feedback from early funded traders on the platform.
- Payout frequency: bi-weekly (every 14 days)
- Average payout processing time: approximately 12 hours
- Payout methods: bank transfer, PayPal, cryptocurrency
- Challenge fee refund: returned with first funded account payout upon passing evaluation
- Funded account activation: within 48 hours of passing evaluation
- Profit split: 80% trader / 20% firm on all payouts
Unique Features of Prop365 / OneFunded
Refundable Challenge Fees
One of the most trader-friendly policies at Prop365 is the full refund of evaluation fees upon passing. When a trader successfully completes the 1-Step or 2-Step challenge, the fee they paid to participate is returned as part of their first funded account payout. In practical terms, this means that the total cost of becoming a funded trader at Prop365 is zero — the only scenario where fees are kept is if the trader fails the evaluation. This structure aligns the firm’s incentives with the trader’s success and removes the financial sting from attempting challenging prop evaluations.
No Time Limits on Evaluations
Prop365 imposes no time limits on either its 1-Step or 2-Step evaluation programs. There is no expiration date by which a challenge must be completed, and no minimum or maximum number of trading days is required before qualifying for a pass. This policy is particularly valuable for traders who trade selective setups and may go days or weeks between high-probability entries. It allows a systematic, disciplined approach to the evaluation without the pressure of an artificial deadline forcing sub-optimal trade selection.
Broad Multi-Asset Access
Unlike many prop firms that restrict traders to a single asset class — futures-only or forex-only — Prop365 / OneFunded provides access to a genuinely diverse range of markets through the TradeLocker platform. Forex, futures, stocks, indices, metals, energies, and cryptocurrencies are all available within a single funded account. This multi-asset access allows traders to rotate their focus based on where the best opportunities exist, rather than being locked into one market regardless of conditions.
Why Choose Prop365 / OneFunded?
Prop365 / OneFunded is a compelling choice for traders who value low-barrier entry, refundable evaluation fees, and broad multi-asset market access within a single funded account structure. The combination of no time limits, competitive profit targets (5-10% per phase), and refundable fees makes the firm’s evaluation programs among the most accessible in the funded trading space — particularly for newer traders building toward consistent profitability. The bi-weekly payout structure with a 12-hour average processing time ensures reliable, timely access to earned profits, and the TradeLocker platform provides a modern, capable trading environment across all available markets.
The 2024 launch means the firm is still building its long-term track record, and traders should conduct their own due diligence before committing. However, the legal transparency of UK company registration, consistent positive community feedback, and the evolution into the OneFunded brand with enhanced features all suggest a firm on a credible growth trajectory. For traders looking for a multi-asset prop trading opportunity with risk-aligned fee structures, Prop365 / OneFunded is worth serious consideration.
- Refundable evaluation fees — challenge cost is returned with first payout if you pass
- No time limits — complete the evaluation at your own pace without expiration pressure
- Multi-asset access — trade forex, futures, stocks, indices, metals, energies, and crypto in one account
- Low profit targets — 5-10% per phase makes challenges accessible for disciplined traders
- Fast payouts — approximately 12-hour average processing time on bi-weekly schedule
- 80% profit split with OneFunded tier offering up to 90%
- UK-registered legal entity (Brynex Tech Limited) providing regulatory transparency
- TradeLocker platform — modern, web-based, no installation required
Prop365 FAQ
Is Prop365 the same as OneFunded?
Yes. Prop365 has rebranded as OneFunded. The prop365.com domain now redirects to the OneFunded platform, which is operated by the same legal entity — Brynex Tech Limited (UK Company No. 15918986). The core evaluation structure, platform (TradeLocker), and profit split remain consistent across the rebrand, with OneFunded also offering expanded features including higher profit splits of up to 90% and larger maximum account sizes of $200,000 or more. Traders who have existing Prop365 accounts or challenges in progress should contact support to confirm transition details.
Are Prop365 challenge fees refundable?
Yes. Prop365 / OneFunded refunds evaluation challenge fees to successful traders as part of their first funded account payout. If you pass the 1-Step or 2-Step evaluation, the fee you paid to enter the challenge is returned in full with your first withdrawal. This means the effective cost of the evaluation is zero for traders who pass. Fees are only retained by the firm if the challenge is failed and not retried.
What trading platform does Prop365 use?
Prop365 / OneFunded uses TradeLocker as its exclusive trading platform. TradeLocker is a modern, web-based platform that can be accessed from any browser without software installation. It supports multi-asset trading across forex, futures, stocks, indices, metals, energies, and cryptocurrencies. The platform includes professional charting tools, real-time account monitoring, and the full range of order types required for active trading. Desktop and mobile access are both available.
How long do Prop365 payouts take?
Prop365 / OneFunded processes payouts on a bi-weekly schedule (every 14 days). The average processing time from payout request submission to receipt is approximately 12 hours. Supported payout methods include bank transfer, PayPal, and cryptocurrency. The first funded account payout also includes the refund of the evaluation challenge fee paid when signing up for the program.
Is there a time limit to complete the Prop365 evaluation?
No. Prop365 / OneFunded imposes no time limits on either its 1-Step or 2-Step challenge programs. There is no expiration date, no maximum number of days allowed, and no minimum trading day requirement before qualifying for a pass. Traders can take as long as needed to hit the profit target while staying within the daily loss and drawdown limits. This no-time-limit policy is one of the firm’s most consistently praised features, giving disciplined traders the freedom to wait for high-quality setups rather than forcing activity to meet an artificial deadline.
There are no reviews yet.