OneUp Trader Prop Firm Review

Founded in 2017 in Wilmington, Delaware, United States, OneUp Trader is one of the most experienced proprietary trading firms around.

The firm offers futures trading to its users, with a maximum funding amount totaling $250,000, with no further scaling options.

After traders complete the evaluation, they pay a fixed monthly fee for the account of their choice.

The firm has strict limitations and rules in place that traders need to follow to avoid the risk of account closure.

The firm also offers a host of educational resources and additional content, as well as regulated trading platforms, such as NinjaTrader, rTrader, Photon, and more.

This review will look at some of the core features and trading terms offered by OneUp Trader to rate where the firm stands based on a number of important criteria.

Pros and Cons of OneUp Trader Proprietary Trading Firm

Quick Rating of OneUp Trader Prop Trading Firm and Its Features

FPA Score	NOT RATED
Year founded	2017
Headquarters	Wilmington, Delaware, United States
Minimum audition fee	$125
Fees on withdrawals	None
Minimum funded amount	$25,000
Maximum funded amount	$250,000
Allowed daily loss	No daily loss limit
Profit target	6%
Maximum trailing drawdown	6%
Profit sharing (Payouts)	90% (100% for the first $10,000)

Safety of OneUp Trader – 3

OneUp Trader is a futures prop firm that offers traders licensed and regulated trading platforms, such as NinjaTrader, among many others.

As the firm only offers futures trading, it is not rated by the Forex Peace Army, which is a reliable source of forex prop firm ratings.

The firm is fully compliant with the PCI DSS (Payment Card Industry Data Security Standard), which adds a degree of security during deposits and withdrawals.

The firm has a Trustpilot score of 4.7, based on 788 reviews. Despite this, meaningful licenses and regulations are absent, as the firm is not obligated to obtain a broker license itself.

OneUp was founded in 2017, which gives users some performance history to research and fall back on. Overall, OneUp Trader gets a Safety score of 3 out of 5.

Funding and Maximum Capital Allocation – 2

The maximum possible funding amount offered by OneUp trader is $250,000. As for all other accounts, OneUp offers the following tiers for the Express Funding program: $25,000, $50,000, $100,000, $150,000, and $250,000.

The subscription fees for Regular and Express funding accounts vary, with the Express funding option coming in at a higher price point.

The maximum trade size limitations also vary between accounts and are limited to the total funding available for each account.

The prop firm does not offer an account with $1 million or more in funding, while many other competing prop trading firms do. OneUp Trader also does not offer a $10,000 account, which is another common offering among prop firms. Overall, OneUp Trader gets a 2 out of 5 in Funding.

Assets – 1.5

OneUp Trader is a futures-only prop firm, which means that real stocks, bonds, forex, and crypto are not available for trading.

The firm offers futures contracts on various commodities, such as metals and agricultural products.

OneUp also offers e-mini futures on oil, natural gas, indices, wheat, corn, etc.

The total number of tradable instruments offered by OneUp Trader is 44.

Due to a relatively limited assortment of instruments, as well as a lack of everything other than futures contracts, OneUp Trader gets an Assets score of 1.5 out of 5.

Trading Rules and Limitations – 2

The rules and limitations on OneUp Trader are fairly comprehensive. Aside from the specific provisions that come with each funded account, the firm also has a few general rules in place that apply to all traders on the platform, such as:

• All positions must be closed by 3:15 PM CT and no positions must be opened between 3:15 PM CT to 5 PM CT
• All positions must be closed prior to and during major economic releases
• Must maintain a minimum weekly total trade execution of no less than 50% of the average number of trades successfully completed on the evaluation
• Copy trading is strictly prohibited, violation may lead to account suspension
• Hedging positions using multiple accounts is prohibited
• Traders are permitted to have a maximum of three funded accounts simultaneously. In the case of an Express account, this number is limited to one
• Overnight trading and holding positions on the weekends are prohibited

As for the specific rules and limitations associated with each of the funded accounts, they are the following:

• $25,000 account – maximum 3 contracts, 6% profit target, 6% trailing drawdown, no daily loss limit
• $50,000 account – maximum 6 contracts, 6% profit target, 5% trailing drawdown, no daily loss limit
• $100,000 account – maximum 12 contracts, 6% profit target, 3.5% trailing drawdown, no daily loss limit
• $150,000 account – maximum 15 contracts, 6% profit target, 3.33% trailing drawdown, no daily loss limit
• $250,000 account – maximum 25 contracts, 6% profit target, 2.2% trailing drawdown, no daily loss limit

As we can see, the limitations and restrictions on OneUp Trader are quite stringent, which can be difficult for most traders. Overall , OneUp gets a 2 out of 5 in Trading Rules.

Platforms – 3.5

The primary trading platform used by OneUp Trader is NinjaTrader. However, the firm also has a host of their trading and auxiliary platforms to give traders more freedom of choice.

NinjaTrader comes with useful features, such as advanced charting, unlimited real-time data, strategy development and backtesting, and more.

The NinjaTrader platform is also available as an iOS and Android app, which gives traders more flexibility.

While NinjaTrader does offer automated trading, EAs are prohibited for OneUp Traders users.

Overall, OneUp’s platforms get a score of 3.5/5.

Profit-Sharing and Withdrawals – 5

Traders at OneUp have the opportunity to keep 90% of the profits they generate, as well as 100% of the first $10,000.

OneUp has one of the highest profit shares among prop firms and the withdrawal process is also fairly simple and straightforward.

Withdrawals are free of charge and can be done with a minimum amount of $1,000. Traders can request a withdrawal anytime between Monday and Friday.

To request a profit withdrawal, all users have to do is send an email to the funding provider with the amount you wish to withdraw. It will be processed on the same day as long as the withdrawal threshold has been met.

OneUp Trader gets a Profit-Sharing score of 5 out of 5, due to high profit shares and fast withdrawals.

Fees – 3

The fees charged by OneUp Trader are monthly subscription fees for funded accounts and one-off fees for accounts resets.

The monthly subscription fees for OneUp Trader accounts are the following:

• $25,000 account – $125/month for the Regular subscription ($225 for Express Funding)
• $50,000 account – $150/month for the Regular subscription ($250 for Express Funding)
• $100,000 account – $300/month for the Regular subscription ($400 for Express Funding)
• $150,000 account – $350/month for the Regular subscription ($550 for Express Funding)
• $250,000 account – $650/month for the Regular subscription ($850 for Express Funding)

Account balance reset at OneUp Trader costs $100 per reset. There are no additional fees associated with trading and withdrawals.

Discounts and promotions are hardly available at OneUp, which docks some points. Overall, the firm gets a score of 3 out of 5 for Fees.

Education at OneUp Trader – 4.5

When it comes to educational materials, OneUp offers a comprehensive blog on their website, as well as detailed descriptions of the firm’s offerings and trading terms. The firm is forthcoming with the information that traders may require, while also providing some valuable insight into trading strategies and approaches to proprietary trading that could lead to success.

The OneUp Trader blog offers market data and news from a variety of commodities exchanges and major producers.

The firm is also active on Youtube, where it offers webinars and interviews with active traders and industry professionals.

Overall, OneUp Trader gets a 4.5 out of 5 in Education.

Customer Support at OneUp Trader – 5

The customer support suite at OneUp Trader consists of a FAQ section, hotline, email support and a live chat.

The live chat is fast and responsive and the customer support is available 24/7, which is especially convenient for OneUp users. Interested parties are free to contact the support team for general inquiries, as well as trading-related questions.

OneUp Trader gets a perfect 5 out of 5 for Customer Support, thanks to multiple support channels and plentiful helpful resources on its website.

Frequently Asked Questions