What drawdown method is enforced by OneFunded?
💡 Answer
Fixed (daily 4–5 % and overall 6–11 % of starting balance)For detailed drawdown calculations, reset rules, and worked examples, see OneFunded official website.
More FAQs about OneFunded
- What trading approaches are permitted at OneFunded, and are any strategies restricted?
- How are payments processed at OneFunded, and what is the refund policy?
- How are trader payouts structured at OneFunded, including payout frequency and payment methods?
- What is the top profit split rate at OneFunded for funded traders?
- What markets does OneFunded allow traders to trade across?
- Can you explain the leverage limits at OneFunded for forex, indices, metals, and cryptocurrency trading?
- What trading platforms can traders access at OneFunded, and which broker is used for order execution?
- What are the key execution-related trading conditions at OneFunded, including spreads, commissions, and slippage?
- How does OneFunded regulate trading behavior, including restricted strategies, martingale rules, and lot size limits?
- Are there specific consistency or percentage-based rules at OneFunded?
- Does OneFunded offer different program or evaluation models?
- Can you explain the challenge model used by OneFunded?
- What is the maximum account funding at OneFunded, and can traders benefit from a scaling plan?
- How many Trustpilot reviews does OneFunded have, and what is its rating?
- How do the program types at OneFunded break down?
- What restrictions apply to traders at OneFunded when it comes to account count, account merging, and lot size limits?
- How does OneFunded handle KYC requirements and verification timing?
- Are there any geographic restrictions at OneFunded?
Guides Where OneFunded Is Featured
- Prop Firms Offering Crypto Leverage of 1:2 or Higher
- Prop Firms Offering FX Leverage of 1:100 or Higher
- Prop Firms Offering Maximum Profit Split of 80% or Higher
- Prop Firms Offering Metals Leverage of 1:10 or Higher
- Prop Firms Offering Metals Trading
- Prop Firms Offering More Than $200k in Funding
- Prop Firms Offering Profit Split Starting at 80% or Higher
- Prop Firms With At Least 1 Years in Operation
- Prop Firms With cTrader Platform
- Top Prop Firms That Accept Clients From Colombia
These guides include OneFunded alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.
OneFunded vs Funded Prime vs BrightFunded - Prop Firm Comparison (June 2026)
Side-by-side comparison of OneFunded vs Funded Prime vs BrightFunded. 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 June 2026.
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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...
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Funded Prime
Funded Prime is a simulated trading evaluation program administered by Radias PTT FZ-LLC. It offers One Phase, Two Phase, Stock Traders, Meme Coin and Bitcoin Maxi challenges, primarily on TradeLocker (with DXtrade also linked as a supported platform resource). Funded-stage...
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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...
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| Overview | |||
| Trustpilot Rating | 0 | 3.6 | 0 |
| Trustpilot Reviews | 0 | 18 | 0 |
| Headquarters | United Kingdom | United Arab Emirates | United Arab Emirates |
| Age (Years) | 2 | 3 | N/A |
| Max Funding | $200,000 | $800,000 | $400,000 |
| Profit Split Start | 80% | 80% | 80% |
| Profit Split Max | 90% | 90% | 100% |
| Platforms | TradeLocker cTrader | TradeLocker DXtrade | MT5 cTrader DXtrade |
| Assets | Forex indices commodities (metals & energies) cryptocurrencies | Forex Commodities Indices Crypto Stocks | FX Commodities Indices Crypto |
| Leverage | |||
| FX Leverage | 100 | 50 | 100 |
| Metals Leverage | 30 | 10 | 40 |
| Crypto Leverage | 2 | 1 | 5 |
| Risk & Drawdown Rules | |||
| Max Daily Loss | 4–5 | 5 | 5 |
| Max Total Loss | 6–11 | 10 | 10 |
| Drawdown Type | Fixed (daily 4–5 % and overall 6–11 % of starting balance) | Drawdown ModelEquity-based drawdown. For One Phase / Two Phase / Stock Traders / Bitcoin Maxi: Max Daily Drawdown is a % of the previous day’s equity snapshot (5% for One/Two/Stock; 3% for Bitcoin Maxi). Max Drawdown is a fixed % of the initial balance (10% for One/Two/Stock; 5% for Bitcoin Maxi). Meme Coin uses a 6.5% trailing drawdown. | 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. |
| 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 FrequencyPayout waiting periods (from account opening / prior payout request) depend on the challenge type:One Phase: 14 daysTwo Phase: 7 daysStock Traders: 14 daysMeme Coin: 14 daysBitcoin Maxi: 14 daysAn add-on (“Prime Payout”) can reduce the payout time to 7 days for eligible plans. | 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. |
| Days to First Payout | 14 | 14 | 30 |
| Payout Processing Time | 2 | 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 Methods | USDT TRC20 Bank transfer | USDT TRC20 USDT ERC20 BTC International Bank Transfer | Crypto (USDC – ERC-20) Bank Transfer |
| Payments | |||
| Payment Methods | Credit/debit card (Visa Mastercard) Google Pay Apple Pay Crypto (USDT TRC20) Bank transfer | Credit/Debit Cards Cryptocurrencies | Credit/Debit Card Crypto |
| 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 depends on the challenge: Two Phases allowed; One Phase, Stock Traders and Meme Coin not allowed within 10 minutes before/after high-impact releases. | 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. |
| Weekend Trades | Overnight and weekend positions are allowed across all stages. Swap/rollover fees apply where relevant. | Weekend trading: One Phase, Two Phase and Stock Traders not allowed; Meme Coin allowed. | 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. |
| 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 from other traders is prohibited; copying from your own personal accounts into your Funded Prime account is permitted if registered under the same email address. (Copy trading is permitted in evaluation stage.) | 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. |
| 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. | EAs are allowed for Prime Traders and strictly prohibited for Stock Traders. | Expert Advisors (EAs) are allowed, provided all activity remains compliant with BrightFunded’s daily/maximum loss rules and non-authorized-practices policies. |
| KYC & Restrictions | |||
| KYC Required | No | No | Yes |
| 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 must be completed to be eligible for payouts (Rules and Conditions/FAQs). FAQs note that if a payout exceeds $1,000, required KYC documents must be submitted and approved before requesting a withdrawal. | 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. |
| 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 | Australia Cuba Iran North Korea Myanmar Russia (including Crimea Donetsk Luhansk regions of Ukraine) Somalia Syria | Cuba Iran North Korea Syria Vietnam |
OneFunded
Funded Prime
BrightFunded