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Overview of Oneup Trader Prop Firm

TheTrustedProp
Date: May 11, 2024

In the world of financial markets and trading, one name stands out – OneUp Trader. This article provides an in-depth look at this trading company, from its origins to its unique evaluation process and the reasons why it's a top choice for aspiring traders.

Company Details

Name: OneUp Trader

Legal Name: OneUp Trader

CEO: Undisclosed

Started in: 2017

Registered in: Wilmington, Delaware

The Challenge

OneUp Trader offers a unique and straightforward evaluation process for traders looking to make their mark in the industry. Here are the key guidelines:

Trading Days

To be eligible for placement with OneUp Trader's funding partners, traders must engage in a minimum of 15 total trading days. These can be consecutive or non-consecutive, with holidays and weekends excluded.

Profit Target

Achieving the profit target is crucial. The required profit is determined by the account chosen by the trader, serving as the minimum net profit needed for placement with funding partners.

Permitted Products

Traders are allowed to trade specific CME products, including 6A, 6B, 6C, 6E, 6N, 6J, 6S, CL, E7, EMD, ES, GC, GE, GF, HE, HG, HO, LE, M2K, MES, MNQ, MYM, NG, NKD, NQ, PA, PL, QI, QG, QM, QO, RB, RTY, SI, UB, YM, ZB, ZC, ZF, ZL, ZM, ZN, ZS, ZT, and ZW.

Permitted Times

For evaluation purposes, the trading day begins at 5 PM CT and ends at 3:15 PM CT the following day, with holidays and weekends excluded.

Trailing Drawdown

Traders must manage their account balance to prevent it from reaching or exceeding a defined drawdown amount. This drawdown amount increases as the account balance grows.

Max Position Size

Adherence to the maximum position size is essential and is determined by the chosen account size. This includes all open positions across different products at any given time.

Consistency

To be successful, traders must demonstrate consistent and regular trading patterns. They should have at least three other trading days with net profits totaling 80% or more of their largest day's net profit.

Geographical Restrictions

While OneUp Trader welcomes traders worldwide, there are some geographical restrictions, mainly affecting the following countries:

  • Afghanistan
  • The Balkans
  • Belarus
  • Burma (Myanmar)
  • Burkina Faso
  • Burundi
  • Cuba
  • Central African Republic
  • Iran
  • Iraq
  • Liberia
  • Libya
  • North Korea
  • Sudan
  • Somalia
  • Syria
  • Yemen
  • Zambia
  • Zimbabwe
  • The Democratic Republic of Congo

Additionally, some countries may not be eligible for the free trial. Traders from Ukraine and Russia can still trade with OneUp Trader but must use valid payment methods, such as credit/debit cards, for evaluation accounts. Cryptocurrency withdrawals (Bitcoin and USDT) are available after funding.

Other Details

Why OneUp Trader Excels

  1. 1-Step Evaluation: OneUp Trader offers a straightforward evaluation process with clear and attainable targets.
  2. No Data Fees: Traders won't encounter hidden fees or data charges, ensuring transparency in their trading journey.
  3. 7-Day Free Trial Account: OneUp Trader provides a risk-free trial period, allowing traders to experience the platform before committing.
  4. FREE and Unlimited Profit Withdrawals: From day one, traders can withdraw their profits without any fees or restrictions.
  5. Ease of Trading and 2-Strike Policy: The platform makes trading easy, and it employs a 2-strike policy for funded accounts, providing additional security.
  6. No Daily Drawdown: Unlike many other platforms, OneUp Trader doesn't have daily drawdown limits.
  7. 24/7 Customer Support: With phone, live chat, and email options, traders have access to round-the-clock support.
  8. Dynamic Account Analytics: The platform offers detailed account analytics with visuals for better insights.
  9. Educational Materials: Traders have access to a wealth of educational resources and a supportive trading community.
  10. Account Sizes: Traders can choose account sizes ranging from $25,000 to $250,000.
  11. Referral Program: OneUp Trader offers a generous referral program, making it easier for traders to grow their earnings.

Your Funded Trader Success Story

OneUp Trader helps traders achieve their goals by providing funding and support. Here's what you can expect:

  • Funded Partner Placement: Achieve your target, follow the rules, and get placed with OneUp Trader's funded partners, all with the same account size as your evaluation.
  • High Payout Ratio: Start your journey with a quick start bonus. Funded traders keep 100% of their first $10,000 in profits for the 90% split option.
  • Quick Start Bonus: Enjoy a generous 90% profit split between you and the funding partner.
  • Trader Community: Join a private community of funded traders where you can share ideas and experiences.
  • Advanced Analytics: Access advanced analytics and trading statistics tools with daily updates.
  • Funding Network: Benefit from a vast funding network and multiple sources of funding.
  • Trading Platforms: Choose from over 20 top trading execution platforms for your convenience.

So, Why OneUp Trader?

OneUp Trader stands out for its simplicity, transparency, and commitment to trader success. With clear evaluation guidelines, generous profit-sharing, and a supportive community, it's the ideal platform for traders looking to take their skills to the next level.

FAQs

Absolutely! OneUp Trader offers a straightforward evaluation process, making it accessible to traders of all experience levels.

OneUp Trader offers account sizes of up to $250,000, providing ample opportunities for growth.

Yes, you can withdraw profits from day one, and there are no withdrawal fees.

With the Express Account option, you can get funded in just 5 days.

Yes, OneUp Trader offers round-the-clock customer support via phone, live chat, and email.

The 1-Step Evaluation is a straightforward process where traders need to meet specific profit targets and trading day requirements. Once successfully completed, traders gain access to funded accounts with OneUp Trader's partners.

OneUp Trader's decision to keep the CEO's identity undisclosed adds an element of mystery to the company. It doesn't impact the trading experience or the evaluation process.

No, there are no hidden fees or data fees during the evaluation process. It's a transparent and cost-effective opportunity for traders.

Yes, traders from Ukraine and Russia are welcome to trade with OneUp Trader, but they must use valid payment methods for evaluation accounts. Cryptocurrency withdrawals are available after funding.

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