Updated on: December 3, 2024

What is OneUp Trader Withdrawal and Payout policy?

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After successfully completing the OneUp Trader evaluation, traders are provided with a funded account, allowing them to withdraw a portion of their earnings based on the payout and withdrawal policy. The Trading Funder team conducted in-depth research into these policies to ensure traders can understand and navigate the withdrawal process effectively. Funded traders typically keep 100% of the first $10,000 in profits, with subsequent earnings split up to 90% in their favor, subject to meeting withdrawal thresholds.

Traders can withdraw profits any time between Monday and Friday once they meet the minimum withdrawal threshold, which varies by account size (e.g., $1,500 for $25,000 accounts, $3,500 for $100,000 accounts). Funded traders keep 100% of the first $10,000 in profits and 90% of profits afterward. The minimum withdrawal amount is $1,000. If the account is terminated, traders will no longer have access to the funded account, and all trading activity stops immediately.

Payouts are processed the same day a withdrawal request is made, Monday through Friday, as long as the trader meets the withdrawal threshold. Options for withdrawals include bank wire or cryptocurrency (BTC or USDT), with crypto withdrawals incurring a 5% processing fee. For the first withdrawal, traders may need to provide Know Your Customer (KYC) documents or tax-related information depending on their funding partner’s requirements. Minimum withdrawal requests must be at least $1,000.

Our Trading Funder team wrote this article to dive into the details of OneUp Trader’s withdrawal and payout policies, highlighting important aspects like payment options, processing timelines, associated fees, and tax requirements—all crucial for making well-informed decisions, a goal that Trading Funder is dedicated to assisting with.

Table of Contents

What is the OneUp Trader payout policy?

OneUp Trader’s payout rules include:

Profit Split: Funded traders keep 100% of the first $10,000 in profits, and then 90% of profits thereafter.
Minimum Trading Days: Traders must complete at least 10 trading days during the evaluation to qualify for funding.
Withdrawal Thresholds: The minimum account profit required to request a withdrawal depends on the account size, such as $1,500 for a $25,000 account or $3,500 for a $100,000 account.
Payout Schedule: Withdrawals are processed Monday through Friday and typically take 1-2 business days to post to the trader’s account.
Payout Options: Traders can withdraw via bank wire or cryptocurrency (BTC or USDT). Crypto withdrawals are subject to a 5% fee.
Minimum Withdrawal Amount: Withdrawal requests must be at least $1,000.
First Withdrawal Requirements: Traders may need to provide KYC documentation or tax information as required by the funding partner.

What’s the minimum withdrawal amount at OneUp Trader?

The minimum withdrawal amount at OneUp Trader is $1,000 of the trader’s profit share. Traders must also meet the specific profit threshold for their funded account size before requesting a withdrawal.

What’s the maximum withdrawal amount at OneUp Trader?

OneUp Trader does not explicitly set a maximum withdrawal amount for traders. As long as the account balance meets the required thresholds after the withdrawal, traders can request any amount above the minimum of $1,000. The funding partner may ask traders to withdraw funds under specific circumstances to maintain account risk levels.

What’s OneUp Trader’s Minimum Balance For Withdrawals?

At OneUp Trader, the account balance must stay above the required profit threshold after any withdrawal. This threshold depends on the account size, such as $1,500 for a $25,000 account or $3,500 for a $100,000 account. If the balance drops below this threshold, the withdrawal request cannot be processed.

What are OneUp Trader‘s withdrawal methods?

OneUp Trader offers two withdrawal methods, including:

Bank Wire: Direct transfer to the trader’s bank account.
Cryptocurrency: Options include Bitcoin (BTC) and Tether (USDT).
- Traders must provide their wallet address, crypto type, and network information (e.g., Ethereum, Tron, BSC).
- A 5% processing fee applies to cryptocurrency withdrawals.

Both methods allow withdrawals Monday through Friday.

When traders can withdraw from OneUp Trader?

Traders at OneUp Trader can withdraw their earnings any time between Monday and Friday. Withdrawal requests are processed on the same day if submitted during these times, and funds typically post to the trader’s account within 1-2 business days depending on the banking institution or crypto network used.

How fast is OneUp Trader‘s payout process?

Traders will receive their withdrawals from OneUp Trader within 1-2 business days after the request is processed. Requests are handled Monday through Friday, and the exact timing depends on the trader’s bank processing times or the speed of the chosen cryptocurrency network.

How does the payout process work at OneUp Trader?

The payout process at OneUp Trader works as follows:

Meet the Withdrawal Threshold: Ensure your account balance meets the required profit threshold for your account size (e.g., $1,500 for a $25,000 account, $3,500 for a $100,000 account).
Minimum Withdrawal Amount: Confirm that the withdrawal amount is at least $1,000.
Provide KYC or Tax Documents: For the first withdrawal, submit any necessary Know Your Customer (KYC) documents or tax information as required by the funding partner.
Submit a Request: Send an email to your funding provider specifying the withdrawal amount, and if using cryptocurrency, include the wallet address, crypto type (BTC or USDT), and network details (e.g., Ethereum, Tron).
Processing Time: Withdrawal requests are processed the same day if submitted between Monday and Friday.
Receive Funds: Expect funds to arrive within 1-2 business days for bank wires, or sooner depending on the cryptocurrency network used.

what are OneUp Trader’s payout restrictions?

OneUp Trader’s payout restrictions include the following:

Profit Thresholds: Traders must meet specific withdrawal thresholds based on the funded account size (e.g., $1,500 for $25,000 accounts, $3,500 for $100,000 accounts) before requesting a payout.
Minimum Withdrawal Amount: Withdrawal requests must be at least $1,000.
Profit Sharing: After the first $10,000 in profits (kept 100% by the trader), subsequent withdrawals follow a 90% trader and 10% funding partner split.
First Withdrawal Requirements: KYC verification or tax documentation may be required before the first withdrawal is processed.
Payout Options: Withdrawals are restricted to bank wire or cryptocurrency (BTC or USDT), and crypto withdrawals incur a 5% processing fee.
Prohibited Practices: Traders must adhere to all funding partner regulations, and any violations, such as prohibited trading activities or breaching account rules, may result in payout restrictions or account termination.

At OneUp Trader, the profit share (profit split) is structured as follows:

First $10,000: Traders keep 100% of the first $10,000 in profits.
After $10,000: Profits are split 90% to the trader and 10% to the funding partner.

This split applies across all funded accounts and allows traders to retain the majority of their earnings while sharing a small percentage with the funding partner after the initial $10,000.

What to know about taxes on OneUp Trader payouts?

Payouts from OneUp Trader are considered ordinary income, and traders are treated as independent contractors. It is the trader’s responsibility to handle taxes on their earnings according to their country’s tax laws. OneUp Trader does not withhold taxes on payouts. Traders should consult a tax professional to understand their obligations and ensure compliance with local regulations.

does OneUp Trader apply withdrawal fees?

OneUp Trader applies specific fees depending on the withdrawal method:

Bank Wire: No withdrawal fees are charged for bank wire transfers.
Cryptocurrency: A 5% processing fee is applied to withdrawals made via cryptocurrency (BTC or USDT). This fee is charged by the payment processor .

Traders should ensure they provide accurate wallet and network details for crypto withdrawals to avoid issues, as crypto transactions cannot be reversed.

Does OneUp Trader Pay Out?

Yes, OneUp Trader pays out. Many traders on Trustpilot confirm successful payouts, and the platform holds a high TrustScore of 4.6/5 from over 1,100 reviews. Traders have shared positive experiences about the clarity of withdrawal processes and the responsiveness of customer support. However, some users have expressed concerns about specific payout-related issues, like meeting the profit threshold or following certain rules. Our OneUp Trader review provide more details.

Will withdrawals affect OneUp Trader’s trading rules?

Yes, withdrawals from OneUp Trader affect trading rules due to specific requirements:

Account Balance Impact: Withdrawals reduce the account balance, which may affect the trailing drawdown, as it is tied to the account balance. If the account balance touches or falls below the drawdown threshold, the account may be terminated.
Dynamic Scaling Targets: Withdrawals directly affect the cash on hand, which determines the allowable number of contracts a trader can trade. After a withdrawal, traders may be limited to fewer contracts based on the new balance .
Trading Rules Compliance: Even after withdrawals, traders must continue to adhere to all rules, including permitted instruments, trading during allowed times, and other restrictions to avoid account termination.

Traders should carefully manage withdrawals to maintain sufficient balance and avoid breaking critical OneUp Trader trading parameters.

Conclusion on OneUp Trader Withdrawal and Payout policy

The withdrawal and payout policy at OneUp Trader stands out as both straightforward and trader-friendly, offering several appealing features. Based on Trading Funder’s analysis, we found that OneUp Trader excels with its fast processing times and flexibility, allowing traders to choose between bank wire or cryptocurrency withdrawals. A notable highlight is the generous profit split, where traders keep 100% of their first $10,000 in profits and 90% thereafter. Additionally, there are no fees for bank transfers, although cryptocurrency withdrawals come with a 5% processing fee.

However, Trading Funder advises traders to be mindful of certain drawbacks, particularly the withdrawal thresholds. These thresholds may present challenges for smaller account sizes, as they require traders to reach a minimum profit level before being eligible for payouts. Moreover, it’s essential for traders to carefully manage withdrawals to stay above required balance thresholds and remain compliant with trading rules.

To help traders succeed with OneUp Trader’s payout structure, Trading Funder recommends a strategic approach to withdrawals. By planning withdrawals thoughtfully and maintaining a healthy account balance, traders can maximize their earnings while avoiding any risks to their funded account. While the policy is generally fair, a clear understanding of the rules and adherence to them is crucial for long-term success.