Oneup Trader Review - The Forex Geek

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In the world of online trading, Oneup Trader has emerged as a platform that offers traders the opportunity to become fully funded traders with the potential for financial and professional independence. With a mission focused on nurturing traders and providing them with the tools to succeed, Oneup Trader presents a unique proposition in the trading industry. In this comprehensive review, we will explore the key features, evaluation process, funded trading accounts, and other aspects that make Oneup Trader a noteworthy choice for aspiring traders.

Introduction to Oneup Trader

Oneup Trader’s core mission is crystal clear: to enable driven individuals to become fully funded traders. This mission is founded on the belief that funding successful traders is a critical step towards achieving financial and professional independence. Oneup Trader recognizes that trading is a long-term learning endeavor, and their decade-long experience in the field reflects their commitment to this philosophy. Unlike some trading firms that impose rigid centralized strategies on their traders, Oneup Trader encourages independent thinking and swift decision-making among its traders. This approach allows traders to develop their own high-conviction views of the markets, unrestricted by any predefined trading strategies.

Key Features of Oneup Trader

Oneup Trader offers a range of features and benefits that set it apart from traditional trading platforms. Let’s delve into some of the most notable features:

1. 1-Step Evaluation Process

Oneup Trader’s evaluation process is designed to be simple and attainable. Traders need to complete just one step to get funded, making the process accessible to a wide range of skill levels. This simplicity is complemented by clear and achievable targets, which provide traders with a roadmap for success.

2. Transparent Pricing

Oneup Trader stands out for its transparent fee structure. Traders don’t have to worry about hidden data fees or other surprise charges, ensuring that they can focus solely on their trading strategies without financial surprises.

3. 7-Day Free Trial Account

For those who want to explore the platform without immediate commitment, Oneup Trader offers a 7-day free trial account. This feature provides traders with the opportunity to assess the platform’s suitability before fully diving into funded trading.

4. Free and Unlimited Profit Withdrawals

Oneup Trader’s commitment to traders’ success is evident in its policy of allowing free and unlimited profit withdrawals from day one. This means that traders can enjoy the fruits of their labor without unnecessary restrictions.

5. 2-Strike Policy for Funded Accounts

Once a trader is funded, they benefit from a 2-strike policy, which offers a safety net. This means that even if a trader faces two consecutive losing days, they won’t immediately lose their funded account, providing room for recovery.

6. No Daily Drawdown Limit

Oneup Trader offers traders the flexibility to manage their risk without imposing daily drawdown limits. This freedom empowers traders to make decisions based on their individual trading strategies.

7. Free NinjaTrader License & Real-Time Market Data

Oneup Trader enhances its traders’ experience by providing a free NinjaTrader license along with real-time market data, including Level 2 data. This valuable resource allows traders to access crucial market information without incurring additional costs.

8. Swift Funding with Express Account

For traders looking to accelerate their journey to funded accounts, Oneup Trader offers an Express Account option, allowing them to get funded in just five days.

9. Trailing Drawdown Control

Oneup Trader’s Trailing Drawdown feature helps traders manage risk by setting a limit on how much their account balance can decrease. This feature adjusts as a trader’s account balance grows, ensuring that risk management remains a priority.

10. Comprehensive Customer Support

Oneup Trader understands the importance of timely support for traders. They provide 24/7 customer support through multiple channels, including phone, live chat, and email, ensuring that traders can get assistance whenever they need it.

11. Dynamic Account Analytics

The platform offers dynamic account analytics with visual representations, helping traders gain insights into their trading performance and make informed decisions.

12. Educational Resources and Trading Community Access

Oneup Trader recognizes the significance of continuous learning in trading. To support this, they provide educational materials and access to a trading community where traders can exchange knowledge and insights.

13. Generous Referral Program

Oneup Trader also offers a simple and generous referral program, allowing traders to earn rewards for bringing in new members to the platform.

Oneup Trader’s Simple Evaluation Process

Oneup Trader’s evaluation process is designed to be straightforward and attainable, setting traders up for success. Here are the key guidelines for the evaluation process:

1. Trading Days

Traders must engage in a minimum of 15 total trading days, which can be consecutive or non-consecutive, to become eligible for placement with Oneup Trader’s funding partners. Importantly, holidays and weekends are not included in the count.

2. Profit Target

Meeting the profit target is a crucial aspect of the evaluation process. The required profit varies depending on the chosen account size, representing the minimum net profit needed for placement with Oneup Trader’s funding partners.

3. Permitted Products

During the evaluation, traders are limited to trading specific CME products, which include a range of futures contracts across various asset classes.

4. Permitted Times

The trading day for evaluation starts at 5 PM CT and ends at 3:15 PM CT the following day. Similar to trading days, holidays and weekends are not counted in this timeframe.

5. Trailing Drawdown

Traders need to adhere to the trailing drawdown limits, which ensures that they manage risk effectively as their account balance fluctuates.

6. Max Position Size

Oneup Trader sets maximum position sizes based on the chosen account size. This limit applies to all open positions across all products at any given time.

7. Consistency

Consistency is a key factor in the evaluation process. Traders must demonstrate their ability to trade regularly and in a pattern that is consistent with the guidelines. This includes having three other best trading days’ net profits that total 80% or more of the largest day’s net profit.

Oneup Trader’s Funded Trading Accounts

Oneup Trader offers a range of funded trading accounts to cater to traders with varying levels of experience and risk tolerance. Let’s take a closer look at these funded account options:

1. $25,000 Account

Maximum 3 contracts
$1,500 profit target
$1,500 trailing drawdown
No daily loss limit
First $10,000 profits are free
Unlimited balance resets
90% profit split
Free NinjaTrader License
Free market data/Level 2
24/7 customer support
Available for $125/month or with a 7-day free trial option

2. $50,000 Account

Maximum 6 contracts
$3,000 profit target
$2,500 trailing drawdown
No daily loss limit
First $10,000 profits are free
Unlimited balance resets
90% profit split
Free NinjaTrader License
Free market data/Level 2
24/7 customer support
Available for $150/month or with a 7-day free trial option

3. $100,000 Account

Maximum 12 contracts
$6,000 profit target
$3,500 trailing drawdown
No daily loss limit
First $10,000 profits are free
Unlimited balance resets
90% profit split
Free NinjaTrader License
Free market data/Level 2
24/7 customer support
Available for $300/month or with a 7-day free trial option

4. $150,000 Account

Maximum 15 contracts
$9,000 profit target
$5,000 trailing drawdown
No daily loss limit
First $10,000 profits are free
Unlimited balance resets
90% profit split
Free NinjaTrader License
Free market data/Level 2
24/7 customer support
Available for $350/month or with a 7-day free trial option

5. $250,000 Account

Maximum 25 contracts
$15,000 profit target
$5,500 trailing drawdown
No daily loss limit
First $10,000 profits are free
Unlimited balance resets
90% profit split
Free NinjaTrader License
Free market data/Level 2
24/7 customer support
Available for $650/month or with a 7-day free trial option

Oneup Trader Coupon Codes & Discount

Oneup Trader is a platform that allows traders to prove their skills and get funded by investors. If you are interested in joining Oneup Trader, you might want to use some coupon codes to get discounts on their plans. Here are some tips on how to find and use coupon codes for Oneup Trader:

Search for coupon codes on websites that specialize in finding and sharing deals. You can also use Bing to search for “Oneup Trader coupon codes” and see what results come up.
Check the official website of Oneup Trader for any promotions or offers that they might have. Sometimes they may offer discounts for subscribing to their emails, referring friends, or taking surveys.
Compare different coupon codes and see which one gives you the best value. Some coupon codes might offer a percentage off, while others might offer a fixed amount off. Make sure to read the terms and conditions of each coupon code before applying it.
Copy the coupon code that you want to use and paste it in the promo code box at the checkout page of Oneup Trader. Make sure to apply the code to see the updated price. If the coupon code is valid, you should see a confirmation message and a reduced total. If the coupon code is invalid or expired, you might see an error message or no change in the price.

Conclusion: Oneup Trader – A Path to Trading Success

In conclusion, Oneup Trader stands out as a platform that empowers traders to pursue their dreams of financial independence through fully funded trading accounts. Its commitment to transparency, simplicity, and trader support sets it apart in the competitive world of online trading. The 1-step evaluation process, flexible funded account options, and emphasis on risk management make it a compelling choice for both novice and experienced traders.

With a decade of experience and a dedication to enabling independent thinking among its traders, Oneup Trader offers a unique environment where traders can thrive and write their own success stories. Whether you’re a seasoned trader looking for a new opportunity or a beginner seeking a supportive platform to launch your trading career, Oneup Trader is worth considering on your path to trading success.

FAQ

What is Oneup Trader’s maximum drawdown?

Oneup Trader’s trailing drawdown ranges from $1,500 for the $25,000 to $5,500 for the $250,000 account.

What is Oneup Trader’s profit target?

Oneup Trader’s profit target is 6%.

What are Oneup Trader’s minimum and maximum trading days?

What are Oneup Trader’s challenge fees?

Oneup Trader’s challenge fees for the various account balances are as follows:

$25,000 – $125/month
$50,000 – $150/month
$100,000 – $300/month
$150,000 – $350/month
$250,000 – $650/month

Does Oneup Trader offer a retry?

According to the web search results, it seems like Oneup Trader offers a retry.

Does Oneup Trader offer a fee refund?

According to the web search results, it seems like Oneup Trader does not offer a fee refund for their evaluation accounts, except for the Express Funding option.

What is Oneup Trader’s profit split?

Oneup Trader offers a 90% profit split.

Does Oneup Trader offer a scaling plan?

According to the web search results, it seems like Oneup Trader offers a scaling plan.

Does Oneup Trader allow expert advisors?

According to the web search results, it seems like Oneup Trader does not allow expert advisors.

Does Oneup Trader offer a free trial?

Yes, Oneup Trader offers a 7-day free trial.

What is Oneup Trader’s minimum deposit?

According to the web search results, it seems like Oneup Trader does not have a minimum deposit.

What are Oneup Trader’s brokers?

According to the web search results, it seems like Oneup Trader does not disclose the names of its funding partners or their brokers until the trader passes the evaluation and signs a contract with one of them.

What are Oneup Trader’s platforms?

According to the web search results, it seems like Oneup Trader supports several trading platforms, such as NinjaTrader, R | Trader, R | Trader Pro, and others.

What is Oneup Trader’s leverage?

According to the web search results, it seems like OneUp Trader does not use leverage, but rather defines the trading limits by the maximum number of contracts that traders can trade at a time. The trading account balance is the buying power, meaning that the leverage is 1:1.

Is Oneup Trader legit?

Based on the web search results, Oneup Trader seems to be a legit platform that offers funded trading accounts for successful traders. Many customers have left positive reviews about their experience with Oneup Trader, praising their customer service, transparency, and simplicity. However, some customers have also complained about the difficulty of passing the evaluation stage, the high cost of resetting the account, and the limited number of products available for trading. Therefore, Oneup Trader may not be suitable for everyone, and you should do your own research before signing up for their service.

Oneup Trader’s alternatives

There are several alternatives to OneUp Trader that have different features, benefits, and drawbacks. Here are some of the most popular ones: Topstep, The Trading Pit, Elite Trader Funding, and Apex Trader Funding.

These are some of the alternatives to OneUp Trader that you can consider if you want to trade with funded accounts. However, you should always do your own research and compare the features, benefits, and drawbacks of each program before making a decision.

The Forex Geek

Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! Read more about me.