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Trading rules in OneUp Trader exist to ensure traders follow disciplined and consistent strategies while managing risk effectively. These rules, like profit targets and trailing drawdowns, help funding partners assess a trader’s long-term reliability. The Trading Funder team has done in-depth research to simplify understanding these rules and regulations, making it easier for traders to evaluate if OneUp Trader fits their trading style.
OneUp Trader accounts range from $25,000 to $250,000. Each account size comes with specific rules, including profit targets, trailing drawdown limits, and maximum position sizes.
OneUp Trader’s trading rules include several key guidelines. Profit targets depend on the account size, ranging from $1,500 to $15,000. There is no daily loss limit, but traders must stay within the trailing drawdown, which adjusts as profits grow and stops at the initial account balance. The consistency rule requires that the sum of three best trading days equals at least 80% of the largest day. Positions must be closed by 3:15 PM CT, and overnight or weekend trading is not allowed. Only permitted products, like futures in indices, commodities, and currencies, can be traded. Minimum trading days are 10 for standard accounts and 5 for express accounts. Maximum contract size varies by account size, from 3 contracts for $25,000 accounts to 15 for $250,000 accounts, with scaling plans for gradual increases.
OneUp Trader does not offer an account type with instant funding. All accounts require traders to pass the evaluation phase to demonstrate their skills before being funded. This evaluation process applies to both standard and Express Funding accounts, which shorten the evaluation to a minimum of 5 days but still require trading to meet the criteria.
OneUp Trader’s payout and withdrawal policy allows traders to request profits via bank wire or cryptocurrency (BTC or USDT). Traders keep 100% of the first $10,000 in profits and 90% thereafter. Withdrawals can be requested any time between Monday and Friday and are usually processed within 1-2 business days. For crypto withdrawals, a 5% transaction fee applies. Traders must meet specific withdrawal thresholds based on their account size before requesting a payout.
In this article, our Trading Funder team will provide an in-depth review of OneUp Trader’s rules and regulations, covering evaluations, funded accounts, payout structures, and withdrawal policies, to assist you in making an informed decision.
What are the rules for OneUp Trader’s Evaluation?
The rules for OneUp Trader’s Evaluation are guidelines traders must follow to qualify for a funded account by demonstrating consistent and disciplined trading. These rules include the following:
- Profit Targets: Vary by account size, from $1,500 for a $25,000 account to $15,000 for a $250,000 account.
- Daily Loss Limit: None, but traders must stay within the trailing drawdown.
- Trailing Drawdown: Adjusts upward with profits and stops trailing once it reaches the starting balance.
- Consistency Rule: The sum of three other best trading days must equal or exceed 80% of the largest trading day.
- Scaling Plan: Traders must increase their position size gradually based on account performance.
- Trading Hours: All positions must be closed by 3:15 PM CT daily, and trading resumes after 5:00 PM CT.
- Permitted Products: Includes futures like indices, commodities, and currencies; traders can only trade approved instruments.
- Overnight and Weekend Restrictions: Overnight and weekend positions are not allowed.
- Minimum Trading Days: At least 10 days for standard accounts and 5 days for Express Funding.
- Maximum Contract Size: Ranges from 3 contracts for a $25,000 account to 15 contracts for a $250,000 account.T
The table below summarizes the key rule details for each evaluation plan offered by OneUp Trader. It covers critical elements such as profit targets, trailing drawdown, trading consistency, and more:
Account Size | Profit Target | Trailing Drawdown | Consistency Rule | Scaling Plan | Trading Hours | Permitted Products | Overnight/Weekend Restrictions | Minimum Trading Days | Max Contract Size |
---|---|---|---|---|---|---|---|---|---|
$25,000 | $1,500 | $1,500 | 80% of largest day’s profit across 3 days | Gradual position increase | Close by 3:15 PM | Futures (indices, commodities, etc.) | No overnight/weekend trading | 10 | 3 |
$50,000 | $3,000 | $2,000 | Same as above | Same as above | Same as above | Same as above | Same as above | 10 | 6 |
$100,000 | $6,000 | $3,000 | Same as above | Same as above | Same as above | Same as above | Same as above | 10 | 12 |
$150,000 | $9,000 | $5,000 | Same as above | Same as above | Same as above | Same as above | Same as above | 10 | 15 |
$250,000 | $15,000 | $5,500 | Same as above | Same as above | Same as above | Same as above | Same as above | 10 | 25 |
1- The Drawdown
OneUp Trader’s drawdown is a trailing drawdown that adjusts upward as profits increase and stops trailing once it matches the starting balance. It serves as a risk control tool to ensure traders don’t exceed predefined losses. For example, in a $50,000 account with a $2,000 trailing drawdown, if the account balance grows to $52,000, the drawdown stops at $50,000. If the balance falls below this, the account is disqualified.
Here’s a table of drawdown values for each account size:
Account Size | Trailing Drawdown |
---|---|
$25,000 | $1,500 |
$50,000 | $2,000 |
$100,000 | $3,000 |
$150,000 | $5,000 |
$250,000 | $5,500 |
2- Consistency Rule
OneUp Trader’s consistency rule ensures traders demonstrate steady performance rather than relying on a single large profit day. It requires the total net profit from the trader’s three other best days to equal or exceed 80% of their largest profit day.
For example, if a trader’s best trading day is $1,000, the sum of their next three best trading days must be at least $800. If the second, third, and fourth best days are $400, $300, and $150, the total is $850, meeting the rule. This rule helps evaluate whether traders can maintain consistent results rather than relying on occasional high-risk trades.
3- Trading Hours
OneUp Trader’s trading hours start at 5:00 PM CT and end at 3:15 PM CT the next day. All positions must be closed by 3:15 PM CT, and no trading is allowed between 3:15 PM CT and 5:00 PM CT. These hours apply Monday through Friday, excluding holidays and weekends. This structure supports day trading while avoiding overnight risks.
4- Allowed Instruments
OneUp Trader allows trading on a variety of futures instruments, including indices, commodities, currencies, and others. Here’s the list of allowed instruments for OneUp Trader:
Category | Examples |
---|---|
Equity Futures | E-mini S&P 500 (ES), E-mini NASDAQ-100 (NQ), Dow Jones (YM), Micro E-mini S&P (MES), Micro NASDAQ-100 (MNQ) |
Interest Rate Futures | 10-Year Note (ZN), 30-Year Bond (ZB), Ultra Bond (UB) |
Currency Futures | Euro FX (6E), Japanese Yen (6J), British Pound (6B) |
Agricultural Futures | Corn (ZC), Soybeans (ZS), Wheat (ZW) |
Energy Futures | Crude Oil (CL), Natural Gas (NG), E-mini Crude Oil (QM) |
Metal Futures | Gold (GC), Silver (SI), Copper (HG) |
Traders must use the correct, active contracts for these instruments and avoid trading expired ones.
What are the objectives of OneUp Trader’s evaluation?
The objectives of OneUp Trader’s evaluation are the benchmarks traders need to meet to prove their trading skills and secure a funded account. These objectives ensure traders can trade profitably, consistently, and within set risk parameters.
- Profit Targets: Traders must achieve specific profit goals based on their chosen account size, ranging from $1,500 for a $25,000 account to $15,000 for a $250,000 account.
- Consistency and Discipline: Traders must demonstrate regular performance, ensuring that the sum of three other best trading days equals at least 80% of their largest day. This prevents reliance on one big win.
- Time Limit for Objectives: There is no maximum time limit to complete the evaluation, but traders must meet the profit target while trading for at least 10 days (or 5 days for express accounts).
1- profit target
OneUp Trader’s profit targets depend on the account size chosen during the evaluation. These targets are the minimum net profits traders must achieve to qualify for funding. The targets ensure traders demonstrate the ability to trade profitably and responsibly.
Account Size | Profit Target |
---|---|
$25,000 | $1,500 |
$50,000 | $3,000 |
$100,000 | $6,000 |
$150,000 | $9,000 |
$250,000 | $15,000 |
2- Consistency and Discipline
OneUp Trader’s consistency and discipline objective requires traders to demonstrate steady performance rather than relying on a single profitable day. Specifically, the total profit from the trader’s three next-best trading days must equal or exceed 80% of their largest profit day.
For example, if the largest trading day results in $1,000 in net profit, the combined total of the second, third, and fourth best trading days must be at least $800. This objective ensures traders can trade consistently over time, reflecting skill and discipline in their approach.
what are OneUp Trader’s Funded Accounts rules?
OneUp Trader’s Funded Accounts rules are guidelines that traders must follow to maintain their funded status and manage the capital provided by funding partners responsibly. These rules are designed to ensure sustainable and disciplined trading.
- Profit Targets: Funded accounts do not have specific profit targets, but traders keep 100% of the first $10,000 in profits and 90% thereafter.
- Daily Loss Limit: There is no daily loss limit, but traders must stay within the trailing drawdown.
- Trailing Drawdown: Applies in real-time and stops trailing once it reaches the initial starting balance. Falling below this threshold risks account termination.
- Consistency Rule: No formal consistency requirement like the evaluation phase, but maintaining a regular trading pattern is recommended.
- Scaling Plan: Scaling depends on account size and trading results, requiring gradual increases in position size.
- Trading Hours: Positions must be closed by 3:15 PM CT, with trading resuming at 5:00 PM CT.
- Permitted Products: Traders can trade approved futures, including indices, commodities, and currencies, based on the funding partner’s list.
- Overnight and Weekend Restrictions: Trading overnight or during weekends is prohibited.
- Minimum Trading Days: Not required, but traders must adhere to funded account guidelines from the first trading day.
- Maximum Contract Size: Limits depend on the account size, starting with smaller sizes and increasing gradually under the scaling plan.
The table below outlines the key rule details for OneUp Trader’s funded accounts. These rules help ensure responsible and structured trading:
Account Size | Trailing Drawdown | Daily Loss Limit | Trading Hours | Max Contract Size | Permitted Products | Overnight Restrictions | Scaling Plan |
---|---|---|---|---|---|---|---|
$25,000 | $1,500 | None | Close by 3:15 PM CT | 3 | Futures (indices, currencies, etc.) | No overnight positions | Adjusts by balance |
$50,000 | $2,500 | None | Same as above | 6 | Same as above | Same as above | Same as above |
$100,000 | $3,500 | None | Same as above | 12 | Same as above | Same as above | Same as above |
$150,000 | $5,000 | None | Same as above | 15 | Same as above | Same as above | Same as above |
$250,000 | $5,500 | None | Same as above | 25 | Same as above | Same as above | Same as above |
Key Points:
- Trailing Drawdown: Stops trailing once it reaches the initial starting balance.
- Daily Loss Limit: There is no daily loss limit, providing flexibility for traders.
- Scaling Plan: Maximum lot size is adjusted dynamically based on the account balance at the start of the day.
Additional rules
In addition to the general funded account rules, OneUp Trader has the following specific additional rules for funded accounts:
- Major Economic Releases: Traders must close all positions before and during major economic releases, ensuring stability during high market volatility.
- Trading Volume Requirements: During the initial 90-day probationary period, traders must execute at least 50% of the average weekly trades completed in the evaluation. Weekly trading volume is assessed and prorated for weeks with holidays.
- Inactivity Policy: Extended inactivity requires prior approval from the funding partner. Otherwise, it may affect the account’s standing.
- Account Sharing Restrictions: Copy trading is allowed only across a trader’s own funded accounts but is prohibited between accounts under different names.
- Trade Timing Rules: Trades lasting less than 10 seconds, especially around news events, are forbidden.
What are OneUp Trader’s Funded Accounts objectives?
The objectives of OneUp Trader’s funded accounts are focused on maintaining profitability, adhering to disciplined trading practices, and operating within specific time frames. These objectives help ensure traders can manage the capital effectively and sustainably:
- Profit Targets: The minimum profit needed to make the first withdrawal depends on the account size. Traders must meet specific profit thresholds before requesting a withdrawal. Here are the thresholds:
- $25,000 account: $1,500
- $50,000 account: $2,500
- $100,000 account: $3,500
- $150,000 account: $5,000
- $250,000 account: $5,500
- Time Limit for Objectives: Funded traders must manage their accounts with no explicit time restrictions but are required to comply with weekly trade volume rules during the initial 90-day probationary periode traders operate within a structured framework while retaining some flexibility to meet individual trading goals.
Does OneUp Trader have a consistency rule?
Yes, OneUp Trader has a consistency rule during the evaluation phase. It ensures traders demonstrate steady performance instead of relying on one or two high-profit days. The rule requires the sum of the three next-best trading days to equal or exceed 80% of the largest trading day’s profit. For example, if the largest day’s profit is $1,000, the combined total of the next three best days must be at least $800. This rule emphasizes consistent trading habits and reduces the reliance on erratic, high-risk strategies.
Does OneUp Trader have a scaling plan rule?
Yes, OneUp Trader has a scaling plan rule. It limits the number of contracts a trader can trade at the start and gradually increases this limit based on the account’s performance. For example, in a $100,000 account, traders might start with a maximum of 4 contracts, and as their account balance grows, they can scale up to the maximum allowed contracts. This rule encourages traders to manage risk responsibly and align their position size with their account’s profitability.
what are OneUp Trader’s withdrawal/payout rules?
OneUp Trader’s withdrawal and payout rules outline how traders can access their profits and manage their funded accounts:
- Profit Split: Traders keep 100% of the first $10,000 in profits and 90% thereafter.
- Payout Minimums: The minimum profit required to request a withdrawal is $1,000.
- Withdrawal Thresholds: Traders must meet specific thresholds based on account size (e.g., $1,500 for a $25,000 account, $5,500 for a $250,000 account).
- Payment Methods: Withdrawals can be processed via bank wire or cryptocurrency (BTC or USDT). Crypto withdrawals incur a 5% processing fee.
- Payout Processing: Withdrawals are processed within 1-2 business days upon meeting the threshold and sending a request.
- Withdrawal Requests: Requests must be emailed to the funding provider, including all necessary details like the withdrawal amount and wallet address for crypto transactions.
- Scaling Impact: Withdrawals reduce the account balance, which can lower the maximum contract size allowed under the scaling plan.
- Request Times: Withdrawals are processed Monday through Friday, with no restrictions on the number of requests.
Is OneUp Trader a Regulated Company?
OneUp Trader operates as a proprietary trading firm established in 2017 in Wilmington, Delaware, USA. While the firm provides access to trading opportunities in futures markets, it is not a regulated company. Instead, it operates as a recruitment entity that connects traders with funding partners who provide the actual capital for funded accounts. Key Details:
- Company Name and Founding Year: OneUp Trader, established in 2017.
- Founder Name: The founders have chosen to remain private.
- Company Type and Location: Proprietary trading firm located at 1007 N. Orange St., Wilmington, Delaware.
- How It Operates: Assesses traders through an evaluation program to connect successful participants with funding partners.
- Markets or Instruments Traded: Focus on futures trading, including indices, commodities, and currencies.
- Regulation Status: Not regulated; operates independently of traditional financial regulatory bodies.
- Partner Brokers and Data Providers: Collaborates with Rithmic for brokerage services and data feeds, offering access to various trading platforms.
- Compliance or Regulatory Framework: Adheres to internal guidelines and the standards set by funding partners but does not operate under external regulatory oversight.
Is OneUp Trader a Legit Company?
OneUp Trader is considered a legitimate company based on its operations and user feedback. Established in 2017, it is located in Wilmington, Delaware. The founders remain undisclosed, but the firm is well-known in the trading industry. It has a Trustpilot score of 4.6 out of 5, based on over 1,100 reviews. A key advantage is its simple one-step evaluation process, making it easier for traders to access funding. However, a major drawback is the strict requirement to close all positions by 3:15 PM CT, limiting flexibility for swing traders.
Conclusion on OneUp Trader’s rules
OneUp Trader’s rules are designed to evaluate and fund disciplined, consistent traders while managing risk effectively. The rules are straightforward, with clear profit targets, trailing drawdown limits, and trading restrictions, such as no overnight or weekend positions. The biggest pro is the simplicity of their one-step evaluation process, which makes it accessible for traders to qualify for funding. The main con is the restriction on trading hours, requiring all positions to be closed by 3:15 PM CT, which limits flexibility for some strategies. Overall, the rules balance opportunity and structure, making them suitable for day traders looking for clear guidelines.
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