OneFunded

OneFunded is a proprietary trading firm that rebranded from Prop365 in 2024, positioning itself around transparency, fairness, and unmatched trader support. The firm's tagline is "The One Prop Firm to Fund Them All" — a promise backed by four flexible challenge models, affordable pricing, trader-friendly rules, and a 1-hour average payment speed. OneFunded was awarded the "Fastest Growing Prop Firm — Global Award 2026", reflecting its rapid expansion to 25,000+ traders across 165+ countries with over $800,000 paid out.

OneFunded offers traders access to forex, indices, commodities, stocks, and crypto on the TradeLocker platform. The firm stands out with unlimited time limits on all challenges — traders are never rushed — and refundable challenge fees on its Flash and Core models (refunded with the first payout). Account sizes range from $2,000 to $200,000, and the profit split starts at 80% and scales up to 90%.

The firm offers four challenge models to suit different trading styles: Flash (1-step, fastest path), Core (2-step flagship), Value (2-step budget option), and Flex (2-step premium with no consistency rule). All models use equity-based drawdowns, meaning both realized and unrealized losses count when calculating risk limits. OneFunded is known for its clean dashboard, transparent rules, low commissions, and active Discord community support.

How OneFunded Works

OneFunded's process is designed to be simple and transparent: choose a challenge model, pass the evaluation, and get funded with fast payouts.

Step 1: Choose Your Challenge Model

Select from four challenge models based on your trading style. Pick the account size that fits your strategy — from $2,000 to $200,000.

Step 2: Pass the Evaluation

Trade on a simulated account and meet the profit targets while staying within the daily loss and maximum drawdown limits. All challenges have unlimited time limits — you're never rushed.

Step 3: Get Funded & Paid

After passing the evaluation, you become a funded trader eligible for payouts. OneFunded's average payment speed is just 1 hour, with an average payout of $1,756.34.

Four Challenge Models

1. Flash (1-Step) — Fastest Path

A single evaluation stage offering the fastest path to a funded account. Best for traders who want to get funded quickly with a straightforward single-phase challenge.

Parameter	Details
Profit Target	10%
Max Drawdown	6%
Max Daily Loss	4%
Minimum Trading Days	5 days
Consistency Rule	35%
Refundable Fee	Yes (refunded with first payout)
Time Limit	Unlimited

2. Core (2-Step) — Flagship Model

OneFunded's flagship product and most popular challenge. Offers balanced risk limits with a clear two-phase path to funding.

Parameter	Step 1	Step 2
Profit Target	8%	5%
Max Drawdown	10%	10%
Max Daily Loss	5%	5%
Minimum Trading Days	3 days	3 days
Consistency Rule	50%	50%
Refundable Fee	Yes (refunded with first payout)
Time Limit	Unlimited

3. Value (2-Step) — Budget Option

The most affordable challenge with lower profit targets but tighter risk limits. Best for budget-conscious traders.

Parameter	Step 1	Step 2
Profit Goal	6%	6%
Total Max Loss	8%	8%
Daily Max Loss	4%	4%
Minimum Trading Days	4 days	4 days
Consistency Rule	35%	35%
Refundable Fee	No
Time Limit	Unlimited

4. Flex (2-Step) — Premium, No Consistency Rule

A premium 2-step challenge that removes the consistency rule entirely. Ideal for swing traders or those with high-variance strategies who may have one or two outsized winning days. Instead of a cash refund, successful Flex traders receive a free challenge account upon completion.

Parameter	Step 1	Step 2
Profit Goal	7%	4%
Total Max Loss	10%	10%
Daily Max Loss	4%	4%
Minimum Trading Days	3 days	3 days
Consistency Rule	None
Refundable Fee	No (free challenge account on completion)
Time Limit	Unlimited

Challenge Pricing

Account Size	Flash (1-Step)	Core (2-Step)	Value (2-Step)	Flex (2-Step)
$2,000	$29	—	$16	—
$5,000	$56	$45	$32	$54
$10,000	$98	$89	$62	$107
$25,000	$138	$125	$88	$150
$50,000	$215	$195	$137	$234
$100,000	$397	$361	—	$433
$200,000	$715	$650	—	$780

Use promo code AUGUST20 for 20% off this month.

Profit Split

OneFunded's profit split starts at 80% and scales up to 90% as you demonstrate consistency. This is competitive with industry leaders, though slightly lower than firms offering 100% splits via add-ons.

Equity-Based Drawdowns

OneFunded uses equity-based drawdowns when calculating risk limits. This means both realized and unrealized losses matter when calculating drawdown limits. Traders should be aware that floating losses count toward their drawdown — this may impact strategies that hold positions through significant drawdowns.

Refundable Challenge Fees

One of OneFunded's key differentiators is its refundable challenge fees on the Flash and Core models. When you pass the evaluation and receive your first payout, your challenge fee is refunded. The Value and Flex models do not offer fee refunds (Flex instead provides a free challenge account on completion).

Unlimited Time Limits

All four OneFunded challenge models have unlimited time limits. This is a significant advantage for part-time traders, swing traders, or anyone who doesn't want the pressure of a countdown. You can wait for proper setups instead of forcing trades to beat a deadline.

TradeLocker Platform

OneFunded uses the TradeLocker trading platform, which traders have praised for smooth execution and a clean interface. The platform supports forex, indices, commodities, stocks, and crypto trading.

Asset Classes Available

• Forex — Major and minor currency pairs
• Indices — Global stock indices
• Commodities — Gold, silver, oil, and more
• Stocks — Individual equities
• Crypto — Cryptocurrency trading

Key Statistics

• Traders: 25,000+
• Countries: 165+
• Total Paid Out: $800,000+
• Average Payout: $1,756.34
• Payment Speed: 1 hour (average)
• Account Sizes: $2,000 to $200,000
• Profit Split: 80% to 90%
• Challenge Models: 4 (Flash, Core, Value, Flex)
• Platform: TradeLocker
• Award: Fastest Growing Prop Firm — Global Award 2026
• Founded: 2024 (rebranded from Prop365)

Trader Testimonials

"I've had a positive experience trading forex and indices with OneFunded. The rules are simple, execution is solid, and payouts have been processed without major issues." — Lucas Mendes

"The Flex challenge is a strong fit for aggressive trading styles. I like that there is no consistency rule, and the trading rules feel transparent." — Taylor Zhang

"Unlimited challenge time makes OneFunded stand out. Execution on TradeLocker has been smooth, and the experience has been reliable so far." — Rajesh Sharma

"The rules are clear, pricing is fair, and the dashboard makes targets easy to follow. KYC was quick, and there were no payout surprises." — Isabel Belka

"OneFunded offers strong challenge conditions, real payouts, human support, and no hidden rules." — Ann Voss