Welcome to OnlyFunds, a premier proprietary trading firm designed to empower retail traders through a unique evaluation process, industry-leading benchmarks, and a supportive community. OnlyFunds provides a straightforward path for skilled traders to manage larger capital, offering substantial earning potential and a variety of trading opportunities.
To get started with OnlyFunds, traders need to follow three simple steps. First, choose an evaluation account type and size that aligns with your trading strategy and goals. Next, pass the evaluation by meeting specific objectives while adhering to the firm's rules. Successful traders can become OnlyFunds traders, gaining access to trade up to $600,000 with up to a 90% profit split.
OnlyFunds offers a wide range of trading assets, including over 40 Forex pairs, metals like gold and silver, major global indices, and oil (Brent and WTI), available 24/5. Traders benefit from the partnership with Eightcap, which provides superior trading platforms such as MetaTrader 4 and DXTrade, known for their exceptional spreads, robust liquidity, and lightning-fast execution.
The firm's evaluation process includes both HFT (High-Frequency Trading) and standard accounts with different stages and requirements. The HFT evaluation has a 30-day trading period with specific profit targets and loss limits, while the standard evaluation includes two stages over 30 and 60 days, respectively, also with distinct targets and loss limits. Traders can select account sizes ranging from $25,000 to $200,000.
OnlyFunds is committed to offering competitive pricing and flexible account options to suit various trading styles. The firm supports different trading strategies, including swing trading, scalp trading, and the use of Expert Advisors (EAs), with some restrictions to ensure fair trading practices. However, strategies like wash trading, account sharing, and data feed manipulation are strictly prohibited.
Traders can access their accounts via MetaTrader 4 and DXTrade platforms, with US clients exclusively using DXTrade due to regulatory constraints. OnlyFunds also offers a variety of account types, allowing traders to choose between HFT and standard accounts based on their preferences and strategies.
The maximum capital allocation per individual is $600,000, ensuring ample opportunities for growth and profit. OnlyFunds traders are required to maintain compliance with Know Your Customer (KYC) regulations, ensuring all accounts are registered under the individual’s name.
OnlyFunds is dedicated to providing an inclusive trading environment, accepting traders from around the world, except for those from specific countries due to regulatory restrictions. The firm continuously updates its offerings to enhance the trading experience, recently adding DXTrade for US clients while maintaining robust support for global traders.
