OneFunded is a prop firm built with a Trader-First approach, giving traders of all experience levels access to real-market trading using virtual funded accounts. Account sizes range from $2,000 to $200,000, and challenges are designed to test skill, strategy, and discipline without risking personal capital.
The platform emphasizes clear rules, fair evaluations, and professional tools to support consistent performance and growth. Traders can progress at their own pace, benefit from refundable fees, milestone-based rewards, and professional platforms like TradeLocker and cTrader. Every feature is designed to maximize opportunities, reduce unnecessary risk, and give traders control over their journey.
This review explores what prop trading is, how OneFunded operates, its evaluation challenges, trading rules, payout structure, and the factors that make it stand out for South African traders.
What Is Prop Trading?
Prop trading, short for proprietary trading, allows traders to manage capital provided by a firm rather than their own money. Unlike personal trading, risk is controlled by the firm through clear rules and targets.
The typical prop trading process follows three stages:
- Evaluation Challenge: Traders purchase a challenge to prove their skills.
- Performance Targets: Traders meet predefined profit targets while respecting strict daily and overall drawdown limits.
- Funded Account: Successful traders access a funded account and earn a percentage of profits generated.
Risk management is central to prop trading. Firms define maximum daily losses, overall drawdown, and trading rules upfront. This ensures that growth is determined by performance, not by the trader’s personal net worth.
OneFunded simplifies this model by removing a common stress factor: strict deadlines. Traders can complete evaluations at their own pace, reducing psychological pressure and improving overall performance.
About OneFunded
OneFunded offers virtual funded accounts ranging from $2,000 to $200,000, catering to a wide variety of traders. The firm emphasizes transparency, professional-grade tools, and consistent evaluation criteria.
Key Features:
- Account Sizes: $2K – $200K
- Markets: Forex, cryptocurrencies, indices, metals, stocks
- Platforms: cTrader & TradeLocker
- Evaluation Models: 1-Step & 2-Step
- Trading Period: Unlimited
- Profit Split: 80% standard, scalable up to 90%
- Entry Costs: From $16
- Trading Rules: Fully transparent; no hidden terms
- Overnight Trading: Allowed
- News Trading: Allowed, monitored around high-impact releases
- Copy Trading & Expert Advisors: Permitted if pre-approved
OneFunded’s approach ensures traders can focus on performance and skill development, with all rules, drawdowns, and payout conditions published upfront. Its rapid expansion in both account types and technology integration positions it as a modern, professional option for South African traders.
Types of Challenges
OneFunded provides four structured evaluation models suited to different trading styles:
1. Value – Disciplined & Affordable (2-Step)
- Profit Target: 6% / 6%
- Daily Loss: 4%
- Overall Loss: 8%
- Consistency Rule: 35%
- Minimum Trading Days: 4 per phase
- Entry Price: From $16
- Max Account Size: $50K
Ideal for disciplined traders comfortable with tighter drawdown limits and lower entry costs. Value is the lowest-priced entry point at OneFunded. This plan is built for traders who value strict discipline, controlled risk, and steady execution. It follows a 2-step evaluation model with tighter rules, making it ideal for traders who prefer structure over flexibility.
2. Core – Balanced Classic (2-Step)
- Profit Target: 8% / 5%
- Daily Loss: 5%
- Overall Loss: 10%
- Consistency Rule: 50%
- Minimum Trading Days: 3 per phase
- Entry Price: From $45
- Max Account Size: $200K
- Refundable Fee: 100% after successful completion
A flexible plan balancing structure and risk control. Core is the most popular OneFunded plan and represents the classic prop firm model. It offers the widest range of account sizes, balanced risk rules, and a 2-step evaluation with a fully refundable fee.
3. Flex – Premium Flexibility (2-Step)
- Profit Target: 7% / 4%
- Daily Loss: 4%
- Overall Loss: 10%
- Consistency Rule: None
- Minimum Trading Days: 3 per phase
- Entry Price: From $107
- Max Account Size: $200K
- Refundable Fee: No; free challenge provided
Designed for active traders who prefer minimal constraints and variable daily performance. Flex is the most flexible and premium plan at OneFunded. It comes with easier trading conditions and a major advantage: a free funded account after successful 2-step challenge completion.
4. Flash – Fast 1-Step Funding
- Profit Target: 10%
- Daily Loss: 4%
- Overall Loss: 6%
- Consistency Rule: 35%
- Minimum Trading Days: 5
- Entry Price: From $29
- Max Account Size: $200K
- Refundable Fee: Yes
For traders seeking a quicker path to a funded account. Flash is designed for traders who want to get funded fast. It follows a 1-step evaluation model with classic rules, refundable fees, and a fast track to a funded account.
OneFunded Challenge Comparison
| Feature | Value | Core | Flex | Flash |
| Evaluation Steps | 2-Step | 2-Step | 2-Step | 1-Step |
| Difficulty Level | Strict | Balanced | Easiest | Classic/Fast |
| Profit Split | Up to 90% | Up to 90% | Up to 90% | Up to 90% |
| Refundable Fee | No | Yes | Free Account | Yes |
| Best For | Disciplined traders | Most traders | Aggressive/active | Fast, confident traders |
Trading Environment
OneFunded uses cTrader and TradeLocker, offering institutional-grade execution, advanced charting, and analytics tools.
Permitted Trading Styles:
- Overnight trading
- News trading (monitored around high-impact releases)
- Copy trading between personal accounts
- Pre-approved Expert Advisors
- Use stop-loss orders optionally
- Use leverage up to 1:100 for Forex, 1:30 for commodities and indices, and 1:2 for cryptocurrencies.
There are no forced weekend closures or hidden execution restrictions.
What you cannot do:
- Exceed drawdown limits
- Violate the position sizing consistency rule
- Engage in prohibited trading practices, which include: Data freezing, gap billing, or using delayed or slow data feeds. Trading on delayed charts. Latency arbitrage, reverse arbitrage, and tick scalping strategies.
- Exploit news volatility
- Copy trades or coordinate strategies across accounts owned by different individuals
- Use EAs without approval
Payout Structure
Once you get funded and become eligible for payouts, you will get 80% of the earnings from profitable trades. This is the default split. But if you want a bigger share, you can purchase a 90/10 split add-on.
OneFunded provides this information upfront and prominently displays it on their website. This is important because some firms hide the true baseline profit split in the terms and conditions page. They sometimes only show the highest split on the home page and you only discover that the default is far smaller later after paying the entry fee.
- Profit Split: 80% standard, scalable to 90%
- First Withdrawal: 14 days after first trade
- Recurring Withdrawals: Every 14 days; weekly option available
- Minimum Withdrawal: $100
- Payment Methods: Crypto (USDT TRC20) & Bank Transfer
Refundable evaluation fees apply to Core and Flash plans, while Flex traders receive a free challenge.
You must close all open positions and cancel any pending orders before you initiate the payout process. OneFunded explains that this step is necessary for accurate profit calculations and risk containment. This makes sense because open trades are still fluctuating in value. So, closing them ensures the firm can calculate the trader’s realized profit without exposure to market swings during the payout process. And if the process proceeds with open trades, the firm would be exposed to sudden losses that could exceed the trader’s account balance.
Additional Features
Rewards Center
OneFunded uses rewards to nurture loyalty among its traders. This is a milestone-based loyalty program where traders accumulate Reward Points by completing specific tasks and platform activities. These then convert into tangible discounts or free challenges.
It works like this: traders complete assigned tasks, collect points automatically credited to their accounts, and redeem accumulated points for rewards when ready. And, they can track all progress in real time via the client area. Once logged in, you will see a dashboard that shows the current point balance, completed tasks, and available redemption options.
Support and Resources
We tested OneFunded’s support channels and found that the fastest way to get help is through Garry, the AI assistant. The button is prominently displayed on the bottom right corner of the website and launches instantly once activated. If the bot can’t answer your questions sufficiently, it offers the option to request a human customer support personnel.
You may also opt for the email, which we found to be more suitable for detailed inquiries about payouts or documentation that require secure information exchange. Our tests showed that you will get a response within 24 hours.
And for instant answers to general questions, we found OneFunded’s Help Center to be quite sufficient. Just type ‘Help OneFunded’ in your browser’s search box and the first link should lead you to the Help Center. You may also want to hear from fellow traders, and for this, the firm has a Discord server.
OneFunded also offers a Prop Trading Playbook. This e-book contains what the firm calls proven challenge-passing secrets and strategies. Those who request the book will also read about real trader examples and learn how to navigate the prop trading space.
OneFunded also has an educational expert written blog. Covers trading psychology, risk management, and platform tutorials.
Why OneFunded Stands Out
OneFunded differentiates itself through:
- No time limits for evaluation challenges
- Clearly defined drawdown rules
- Multiple challenge formats
- Scalable profit split up to 90%
- Transparent payout schedule
- Rapid expansion with reliable infrastructure
For South African traders, this means access to structured trading opportunities with clear evaluation criteria and minimal pressure.
Final Verdict
OneFunded provides a rule-driven, transparent trading environment suitable for a wide range of trading styles — from disciplined swing traders to high-frequency scalpers.
The absence of strict deadlines reduces psychological pressure, while clear targets and payouts support measured growth. Multiple evaluation challenges allow traders to select the structure that best matches their strategy and risk tolerance.
For South African traders seeking measurable evaluation criteria, scalable profit potential, and a professional trading platform, OneFunded offers a modern and rapidly growing funded trading solution.
