1of1 Funding Review
1of1 Funding is a Dubai-based prop firm offering 100% profit splits, flexible account sizes, and trader-friendly conditions including no time limits and allowance for various trading styles.
1of1 Funding Review
Summary
1of1 Funding is a proprietary trading firm that offers a unique approach to empowering traders to achieve their financial goals. Founded by experienced traders TJR and Aden Rao, the firm is based in Dubai and operates with a commitment to transparency and trader success.
1of1 Funding provides two distinct account models: the Standard Account (two-phase) and the 1 Step Account (one-phase). These models cater to different trading styles and aspirations, offering a range of account sizes from $6,000 to $200,000. This flexibility allows traders to choose a path that aligns with their comfort and risk tolerance.
One of the standout features of 1of1 Funding is its 100% profit split for funded traders. This means that traders keep all of their hard-earned profits, with no deductions or commissions taken by the firm. This profit structure is consistent across all account sizes and challenge models, providing a clear incentive for traders to perform well.
1of1 Funding has partnered with regulated broker Purple Trading to ensure a secure and regulated trading environment. The firm supports trading on various platforms, including DXtrade, cTrader, Match-Trader, and Tradelocker, each offering a range of tools and features to enhance the trading experience.
1of1 Funding also offers a scaling plan that becomes eligible three months after a trader is funded. If a trader achieves a 10% gain during this period and receives at least two payouts, their account balance increases by 25%. Further scaling occurs at 25% increments, with a cap at $300,000.
Let’s examine the prop features, conditions, and other details to understand how 1of1 Funding supports traders in achieving their financial goals.
1of1 Funding Review
Programs
1of1 Funding provides traders with flexible evaluation options to prove their skills and gain access to funded accounts. Here’s a closer look at their trading programs:
Standard Account (Two-Step Challenge)
The Standard Account at 1of1 Funding is tailored for traders who prefer a more methodical approach to proving their trading skills. This account involves a two-phase evaluation process. In the first phase, traders are required to achieve an 8% profit target, while the second phase requires a 5% profit target. There is no time limit imposed, allowing traders to progress at their own pace. The account sizes range from $6,000 to $200,000, providing flexibility to choose based on comfort and risk tolerance.
Risk management is a key component, with a flat daily loss limit set at 5% and a total loss limit of 10%. Traders benefit from a 100% profit split, meaning they keep all the profits they earn. Additionally, the initial fee is refundable within 14 days after the first payout. This program supports trading across various markets, including crypto, stocks, forex, and indices, offering a comprehensive platform for diverse trading strategies.
1 Step Account (One-Step Challenge)
For traders who want to accelerate their journey to becoming funded, the 1 Step Account offers a streamlined, single-phase evaluation process. The profit target for this account is set at 8%, with no time constraints, allowing traders to focus on achieving their goals without the pressure of deadlines. The account sizes available are the same as the Standard Account, ranging from $6,000 to $200,000.
The risk parameters differ slightly, with a flat daily loss limit of 4% and a total loss limit of 6%, providing a slightly tighter risk management framework. Like the Standard Account, traders enjoy a 100% profit split and can get their initial fee refunded within 14 days after the first payout. This account also supports trading in a wide range of markets, making it suitable for traders who are confident in their strategies and want a quicker path to funding.
1of1 Funding Review
Conditions
The trading conditions at 1of1 Funding are designed to balance opportunity with risk management. Let’s examine the key conditions traders need to be aware of:
Drawdowns
1of1 Funding’s drawdown system is designed to promote disciplined trading and risk management. The balance-based drawdown approach ensures that the drawdown is calculated based on the current account balance, rather than the initial balance, offering a more accurate reflection of risk exposure. For the Standard Account, the total drawdown is capped at 10%, with a daily drawdown limit of 5%. This means that if your account balance drops by 5% in a single day, your trading is paused to prevent further losses. For the 1 Step Account, the total drawdown is 6%, with a daily limit of 4%. These limits are fixed, meaning they do not adjust as your account balance increases, providing consistent risk parameters throughout the evaluation process. The daily drawdown resets at 21:00 UTC, allowing traders to start each day afresh, which can be particularly beneficial after a challenging trading session.
Profit Targets
Profit targets are a key component of the evaluation process at 1of1 Funding, designed to assess a trader’s ability to generate consistent returns. For the Standard Account, traders must achieve an 8% profit target in the first phase and a 5% target in the second phase. This two-step approach allows traders to demonstrate their skills over a longer period, ensuring they can maintain profitability. The 1 Step Account simplifies the process with a single 8% profit target, catering to traders who prefer a quicker evaluation. The absence of time constraints for reaching these targets means traders can focus on quality trades rather than rushing to meet deadlines, reducing the pressure and allowing for more strategic decision-making.
Payouts
1of1 Funding provides a lucrative 100% profit split, allowing traders to retain all the profits they earn, which is a significant incentive for those looking to maximize their trading income. Payouts can be requested every 14 days, offering a regular income stream that can be crucial for financial planning. The processing time for payouts varies; for example, payouts via Riseworks.io are processed within 24 hours after approval, while crypto payouts may take up to 48 hours. The minimum payout amount is set at $100, ensuring that traders can access their earnings without needing to accumulate large balances. To qualify for withdrawals, traders must have their live account active for at least two weeks, ensuring that they have a stable trading history. Additionally, the initial challenge fee is automatically refunded with the first payout, providing an added financial benefit.
Trading Days
1of1 Funding takes a flexible approach to trading days, allowing traders to operate on their own schedules without imposing strict requirements on the number of days they must trade. The primary condition is that the live account must be active for a minimum of two weeks before a trader can request a withdrawal. This two-week period serves as a baseline for establishing account activity and profitability. Beyond this initial period, traders have the freedom to trade as frequently or infrequently as they choose, provided their account remains in profit. This flexibility accommodates various trading styles and lifestyles, allowing both full-time traders and those with other commitments to participate in the program effectively.
Trading Strategies
1of1 Funding demonstrates a trader-friendly approach by allowing a diverse range of trading strategies. News trading is permitted, giving traders the opportunity to capitalize on market-moving events. The firm also allows traders to hold positions over the weekend, which can be beneficial for those employing longer-term strategies or looking to take advantage of weekend market movements. Expert Advisors (EAs) are welcome, enabling traders to automate their strategies, although high-frequency trading bots are prohibited to maintain fair market conditions. Trade copiers are allowed for replicating one’s own trades, but not for copying trades from other traders, encouraging original strategy development. However, there are some restrictions: crypto positions cannot be held for more than 24 hours in the funded stage, and stock positions cannot be held through earnings announcements. These conditions strike a balance between offering traders freedom in their approach while maintaining risk management standards.
Scaling Plan
The Scaling Plan at 1of1 Funding is designed to reward consistent profitability and growth. Eligible traders can access the plan three months after being funded. To qualify, traders must achieve a 10% gain during this period and receive at least two payouts. Once these criteria are met, the trader’s account balance increases by 25%, providing additional capital to trade with. Further scaling occurs in 25% increments, with a maximum cap set at $300,000. This plan not only incentivizes traders to maintain consistent performance but also allows them to significantly grow their trading accounts over time, aligning with their long-term financial goals.
Refund Policy
1of1 Funding’s refund policy is designed to offer peace of mind to traders. The initial challenge fee is refundable within 14 days after the first payout, allowing traders to recoup their initial investment once they start earning. This policy provides a financial safety net, reducing the risk associated with the initial cost of joining the program. However, it’s important to note that all other transactions are non-refundable, and sales are considered final. This ensures that traders are committed to their trading journey with 1of1 Funding, fostering a serious and dedicated trading environment.
1of1 Funding Review
Features
| Maximum capital | $200,000 |
| Profit split | Up to 100% |
| Scaling | Yes |
| News trading | Yes |
| Weekend trading | Yes |
| Automated trading | Yes |
| Free trial | No |
| Maximum leverage | 1:100 |
1of1 Funding offers a range of features designed to support traders in achieving their goals. Here’s a closer look at what they provide.
Platforms Offered
1of1 Funding provides access to a variety of trading platforms, each catering to different trading needs and preferences. Here’s a brief overview of the platforms they offer:
- DXtrade: DXtrade is a comprehensive trading platform designed for Forex and CFD brokers. It offers a customizable web trading platform that can be branded with your logo, along with iOS and Android mobile trading apps. The platform includes advanced charting tools, a trading dashboard for performance analysis, and a trading journal to help manage trading strategies. It also supports pre-configuration of Stop Loss and Take Profit levels, making it a versatile choice for traders looking for robust tools and features.
- cTrader: cTrader is known for its user-friendly interface and powerful technical analysis tools. It comes equipped with a wide range of technical indicators and drawing tools, providing traders with comprehensive market analysis capabilities. The platform is popular among traders who value detailed charting and a seamless trading experience.
- Match-Trader: Match-Trader is an all-in-one trading platform that integrates TradingView charts, offering a familiar and powerful charting experience. While Match-Trade Technologies is not a broker itself, the platform serves as a demonstration of its capabilities, providing traders with a robust set of tools for executing trades and analyzing market conditions.
- Tradelocker: Tradelocker offers a range of tools for executing trades and analyzing market conditions. It includes a Double Leverage Add-on, allowing traders to opt for increased leverage at checkout, providing flexibility for those looking to enhance their trading strategies.
- MetaTrader 5 (MT5): MetaTrader 5 is a popular multi-asset platform that offers advanced charting capabilities, automated trading options, and a wide range of technical indicators. It supports various trading instruments and provides a user-friendly interface for both novice and experienced traders. MetaTrader 5 (MT5) is not available for US clients due to regulatory restrictions. 1of1 Funding complies with these regulations and does not offer MT5 to traders based in the United States.
Dashboard
1of1 Funding provides traders with a comprehensive and user-friendly dashboard that serves as a central hub for managing their trading activities. The dashboard offers a clear overview of key account metrics, including current balance, equity, and margin levels, allowing traders to monitor their financial standing at a glance. It also displays important information related to the trading challenge, such as profit targets, drawdown limits, and any applicable time constraints. Traders can easily access their trading history, including open and closed positions, as well as a record of their past transactions. The dashboard may also include performance analytics and risk management tools, enabling traders to assess their strategies and make informed decisions. Additionally, the dashboard likely provides seamless access to the various trading platforms offered by 1of1 Funding, streamlining the process of executing trades and managing positions. Overall, the dashboard is designed to empower traders with the information and tools they need to navigate their trading journey effectively.
Customer Support
1of1 Funding provides customer support primarily through email, offering traders a reliable channel to seek assistance with any inquiries or issues they may encounter. While the company doesn’t specify 24/7 availability, they emphasize their commitment to responsive service, and feedback suggests that the support team is often accessible, even on weekends. Traders can reach out via email for help with account setup, platform navigation, technical issues, or questions about trading conditions and account models. The support team is knowledgeable about the various aspects of their service and is equipped to handle a wide range of trader concerns.
Knowledge Base
1of1 Funding offers a comprehensive knowledge base through the FAQ section on their website, providing traders with a valuable self-help resource. This extensive repository of information covers a wide range of topics, including account models, trading conditions, platform features, and general policies. Traders can find detailed explanations about profit targets, drawdown limits, scaling plans, and payout processes. The knowledge base also includes information on the various trading platforms offered, helping traders understand the features and capabilities of each option. By maintaining this robust FAQ section, 1of1 Funding empowers traders to quickly find answers to common questions without needing to contact support directly. This resource is particularly useful for both new and experienced traders looking to understand the nuances of the prop firm’s rules and maximize their trading potential. The knowledge base is regularly updated to reflect any changes in policies or features, ensuring that traders always have access to the most current and accurate information.
Tradable Instruments
Traders at 1of1 Funding can access a broad array of trading instruments, including Forex, indices, cryptocurrencies, metals, energies, and stocks. This variety allows traders to implement diverse strategies and take advantage of different market conditions. The spreads are competitive, and the platforms offer real-time market data, ensuring traders have the information they need to make informed decisions.
Broker Integration
1of1 Funding has integrated with Purple Trading, a well-established and regulated broker, to provide a secure and reliable trading environment for its users. Purple Trading, which has been operating since 2015, brings extensive experience in Forex and CFD trading to the partnership. The broker is regulated by multiple respected authorities, including CySEC, FCA, and BaFin, adding an extra layer of security and credibility to the trading ecosystem. This integration allows 1of1 Funding to offer its traders access to a wide range of tradable instruments, including Forex, indices, cryptocurrencies, metals, energies, and stocks, catering to various trading strategies and preferences. Moreover, Purple Trading seamlessly integrates with the DXTRADE platform, which is one of the primary trading platforms offered by 1of1 Funding, ensuring a smooth and efficient trading experience for users. By partnering with a regulated broker, 1of1 Funding demonstrates its commitment to providing a secure and professional trading environment for its traders.
1of1 Funding Review
Conclusion
In wrapping up this look at 1of1 Funding, it’s clear they’ve got some standout features that make them an attractive choice for traders. The 100% profit split is a major win, letting you keep all your hard-earned gains, and the absence of time limits gives you the freedom to trade at your own pace. Their diverse account sizes and refundable challenge fees add extra flexibility and security, making it easier to find a plan that suits your style. Plus, with the ability to trade during news events and hold positions over the weekend, you’ve got more opportunities to capitalize on market movements. However, it’s always important to keep an eye on the drawdown limits and ensure you’re trading within those boundaries to avoid any hiccups. Overall, 1of1 Funding seems to offer a solid platform for traders looking to grow and succeed, but as with any trading venture, it’s crucial to stay informed and manage your risks wisely.
1of1 Funding Review
