How do the challenges work at OneFunded for traders seeking funding?

💡 Answer

1‑Step Challenge: 10 % profit target; 5 minimum trading days; 4 % maximum daily loss; 6 % maximum overall loss; unlimited time; 80 %–90 % profit split and full fee refund upon passing.

2‑Step Challenge: Phase 1 requires an 8 % profit target and Phase 2 requires 5 %; both phases use a 5 % daily loss limit and a 10 % total loss limit; minimum 3 trading days per phase; unlimited time; profit split up to 90 %.

1F Limited: A two‑phase evaluation for accounts up to $25 k; 7 % target in Phase 1 and 4 % in Phase 2; 5 % daily loss limit and 11 % maximum drawdown; minimum 2 trading days; unlimited time; profit split up to 90 %.

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OneFunded vs BrightFunded vs Eightcap Challenges - Prop Firm Comparison (March 2026)

Side-by-side comparison of OneFunded vs BrightFunded vs Eightcap Challenges. Quickly scan maximum funding, profit splits, risk rules, leverage, platforms, instruments, payout schedules, payment options, trading permissions and KYC restrictions to narrow down your prop trading firm shortlist. Data updated March 2026.

OneFunded vs BrightFunded vs Eightcap Challenges - Prop Firm Comparison (March 2026)
OneFunded
OneFunded is a UK‑based proprietary trading firm launched in 2024 under Brynex Tech Limited. It offers evaluation‑based simulated trading accounts with unlimited time to pass; the main programs are the 1‑Step Challenge, 2‑Step Challenge and 1F Limited challenge. Traders work on the...
BrightFunded
BrightFunded (Bright Global FZCO) is a Dubai-based prop firm offering an unlimited-time, 2-phase evaluation (8% then 5% targets) with 5% daily and 10% max loss limits, trading on cTrader, DXtrade and MT5 with up to 1:100 FX leverage, and Funded...
Eightcap Challenges
Eightcap Challenges is a broker-backed simulated trading program operated by Eightcap International Ltd (Seychelles) that offers One Phase and Two Phase CFD challenges on mt4, mt5 and tradelocker with balance-based drawdown limits, a 14-day payout cycle, and 80% profit splits...
Overview
Trustpilot Rating 4.4 0 4.1
Trustpilot Reviews 185 0 3,569
Headquarters United Kingdom United Arab Emirates Seychelles
Age (Years) 2 N/A 1
Max Funding $200,000 $400,000 $600,000
Profit Split Start 80% 80% 80%
Profit Split Max 90% 100% 90%
Platforms TradeLocker cTrader MT5 cTrader DXtrade mt4 mt5 tradelocker
Assets Forex indices commodities (metals & energies) cryptocurrencies FX Commodities Indices Crypto FX Commodities Indices Crypto US Stocks (Day Trader only)
Leverage
FX Leverage 100 100 100
Metals Leverage 30 40 20
Crypto Leverage 2 5 3
Risk & Drawdown Rules
Max Daily Loss 4–5 5 Maximum Daily DrawdownEightcap Challenges applies a balance-based daily drawdown rule calculated from the previous day’s account balance snapshot (Previous Day Balance × Limit%). Your account’s intraday equity loss must not exceed this daily limit.One Phase: 4% daily drawdown (Assessment and Payout Stages).Two Phase: 5% daily drawdown (Assessment, Qualification and Payout Stages).Day Trader: No daily drawdown; risk is managed via fixed maximum drawdown thresholds tied to the selected timeframe and multiplier.
Max Total Loss 6–11 10 Maximum DrawdownOverall drawdown is enforced as a fixed percentage of the initial balance for standard challenges and as fixed-dollar thresholds for Day Trader Challenges.One Phase: 8% maximum drawdown (Assessment and Payout Stages).Two Phase: 10% maximum drawdown (Assessment, Qualification and Payout Stages).Day Trader: Maximum drawdown is defined in dollars and varies by timeframe and multiplier (DT-1/DT-2/DT-4/DT-8 with 2x/5x/10x options).
Drawdown Type Fixed (daily 4–5 % and overall 6–11 % of starting balance) Drawdown ModelBrightFunded’s drawdown approach uses an end-of-day (EOD) high-watermark logic for daily risk: the daily permitted loss is always 5% of the challenge size, and the next day’s breach level is set using the highest balance or equity recorded at the end of the prior day. The daily loss resets during the rollover window (roughly 23:30–23:59 CET).Across the evaluation phases, the account must also respect a 10% maximum loss limit; breaching either the daily or max-loss thresholds invalidates the account. Balance-based (Daily from previous-day balance; Max fixed from initial balance)
Payouts
Payout Frequency Payouts can be requested every 14 days in the funded stage (or weekly with an add‑on). Bi‑weekly and weekly cycles provide up to a 90 % profit split. Payout FrequencyOn Funded Star accounts, BrightFunded allows the first reward split request 30 days after the first trade. After the first payout, reward splits can be requested bi-weekly (every 14 days). Optional add-ons at checkout can enable weekly payouts (every 7 days) and/or an instant 90% profit split upgrade. Payout FrequencyOne Phase & Two Phase: Standard payout eligibility begins 14 days into the Payout Stage (or 7 days with the earlier-payout add-on), provided all payout-stage requirements and KYC are satisfied.Day Trader Challenges: Payout eligibility is immediate upon successful completion of the time-limited challenge.
Days to First Payout 14 30 14
Payout Processing Time 2 Payout ProcessingBrightFunded states that payouts are typically processed by the finance team within about 1 day after a request is submitted, with final receipt time depending on the payment rail and compliance checks. Payout ProcessingPayout requests are reviewed by the risk team for rules compliance and KYC (if required). Approved payouts are typically processed within 24–48 hours of an eligible request, but may take longer if additional review is required.
Payout Methods USDT TRC20 Bank transfer Crypto (USDC – ERC-20) Bank Transfer Crypto International Bank Transfer
Payments
Payment Methods Credit/debit card (Visa Mastercard) Google Pay Apple Pay Crypto (USDT TRC20) Bank transfer Credit/Debit Card Crypto Credit/Debit Card (Visa Mastercard) Crypto (USDT TRC20 USDT ERC20 BTC)
Trading Permissions
News Trading News trading is allowed in both evaluation and funded stages. A high‑impact news window (5 minutes before and after the event) requires careful risk management; trades may be opened, modified or closed but abusing volatility may result in warnings or termination. News trading is permitted, but traders remain responsible for respecting all drawdown rules; spreads and slippage can widen materially during high-impact releases. Tick-scalping and any attempts to exploit pricing/data-feed errors are prohibited. Trading during major news events is restricted: you cannot place trades within 10 minutes before or after high-impact events (per FXStreet). Trading inside the window is treated as a soft breach that triggers a warning and removal of any profits made from those trades.
Weekend Trades Overnight and weekend positions are allowed across all stages. Swap/rollover fees apply where relevant. BrightFunded allows holding positions over the weekend. Traders should account for gap risk and liquidity changes at the weekly reopen; a swap-free add-on can remove swap fees for overnight/weekend holds when purchased. Weekend trading is allowed. The platform supports 24/7 trading, including the ability to manage positions over the weekend.
Copy Trading Copy trading is permitted only between your own OneFunded accounts. Coordinated copy trading with other traders or social copy services is prohibited. Copy trading is allowed only between accounts owned by the same person (BrightFunded accounts, other evaluation firms, or personal brokerage accounts). Copying between different individuals, signal-group trading, or account management services are prohibited and can lead to profit deductions, resets, or closure. Copy trading or mirroring another person’s trades is prohibited and may result in profit removal or account termination. Copying between your own accounts is allowed only if all accounts are registered under the same email address.
EA Allowed Expert Advisors (EAs) and automated strategies are allowed, but traders must request approval via the support desk and provide details of the EA’s logic. Expert Advisors (EAs) are allowed, provided all activity remains compliant with BrightFunded’s daily/maximum loss rules and non-authorized-practices policies. Expert Advisors (EAs) and indicators are permitted, but prohibited strategy types (including martingale, grid, tick trading, arbitrage variants, gap trading and account management) are monitored and can trigger violations—especially during the Payout Stage.
KYC & Restrictions
KYC Required No Yes No
KYC Stage KYC/AML verification is required after completing the evaluation and before receiving funded account credentials and payouts. Traders must submit proof of identity, proof of address and a selfie. KYC is required to activate a Funded Star account after passing Phase 2, and BrightFunded uses SumSub for identity verification (typically government-issued ID plus proof of address). Activation also includes a security check by the risk team before the trader contract is issued. Australia, Saint Lucia, Afghanistan, Central African Republic, Cuba, Democratic People’s Republic of Korea (North Korea), Democratic Republic of the Congo, Guinea-Bissau, Iran, Iraq, Lebanon, Myanmar, Russia (and Crimea, Donetsk, Luhansk and Sevastopol regions of Ukraine), Somalia, Sudan, South Sudan, Syria, Yemen, Zimbabwe, Libya
Restricted Countries Afghanistan Belarus Central African Republic Cuba Democratic Republic of the Congo Eritrea Guinea‑Bissau Iran Iraq ISIL (Da’esh) Lebanon Libya Mali North Korea Russia (including Crimea/Donetsk/Luhansk) Somalia South Sudan Sudan Syria Taliban Yemen Zimbabwe Cuba Iran North Korea Syria Vietnam Australia Libya Lebanon Pakistan Russia Somalia South Sudan Sudan United States Zimbabwe Afghanistan Central African Republic Cuba Democratic Republic of the Congo Guinea-Bissau Iran Iraq Myanmar North Korea Syria Yemen

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