Introduction
1of1 Funding is a proprietary trading firm that allows retail traders to access firm capital through a one-phase evaluation process. The company offers funded trading accounts to individuals who successfully complete their evaluation, with the potential to earn a full share of the profits generated. The firm supports trading in various asset classes, including forex, indices, metals, energies, cryptocurrencies, and stocks, and is accessible through several trading platforms.
Founded in 2023, 1of1 Funding presents itself as a boutique prop firm, with a strong emphasis on flexibility, scalability, and direct profit access for traders. It has attracted attention for its 100% profit payout model, something not commonly offered across the proprietary trading industry.
Evaluation Process
1of1 Funding’s model is based on a one-step challenge that traders must pass to receive access to a funded trading account. The process is designed to test a trader’s ability to manage risk and achieve profits under defined constraints.
Evaluation Parameters
- Profit Target: 8% of the initial account balance.
- Daily Drawdown Limit: 5%.
- Maximum Drawdown Limit: 10%.
- Minimum Trading Days: No minimum trading days required.
- Evaluation Fee: Paid upfront; varies depending on account size.
- Refund Policy: The fee may be refundable after a successful payout from a funded account.
The evaluation is intended to verify a trader’s skill in generating consistent returns without violating risk management rules. The absence of a two-step process makes the route to funding shorter than in many comparable firms.
Funded Accounts
After passing the evaluation, traders receive a funded account with specific conditions attached.
Account Features
- Profit Share: 100% of profits retained by the trader.
- Payout Frequency: Every 14 calendar days.
- Payout Methods: Riseworks (typically within 24 hours) and cryptocurrency (usually within 48 hours).
- Scaling Opportunities: Available for consistent performers.
- Account Sizes: Multiple funded account options are available, with performance-based increases.
Traders must continue adhering to drawdown limits and trading rules even after becoming funded. Any violation of those limits results in the termination of the funded account.
Trading Platforms
1of1 Funding supports several trading platforms to accommodate a wide range of user preferences. These include:
- TradeLocker
- DXTrade
- cTrader
- Match Trader
These platforms provide access to real-time trading, advanced charting tools, and execution across all supported asset classes. Platform selection may vary based on the challenge type or trading account selected.
Asset Classes and Leverage
The firm allows trading in a variety of instruments, across several major asset classes:
Supported Instruments
- Forex
- Indices
- Stocks
- Metals
- Energies
- Cryptocurrencies
Leverage Options
Standard leverage rates and optional leverage enhancements are offered through account add-ons:
- Forex: 50:1 (up to 100:1 with add-on)
- Indices: 15:1 (up to 30:1 with add-on)
- Stocks: 5:1 (up to 10:1 with add-on)
- Metals: 10:1 (up to 20:1 with add-on)
- Crypto: 1:1 (up to 2:1 with add-on)
Leverage varies depending on the asset being traded and the specific options selected during the account setup process.
Trading Rules
Traders are expected to follow certain rules that maintain fairness and risk control throughout both the evaluation and funded phases.
Core Trading Rules
- News Restrictions: Trades cannot be opened or closed within a specific time frame (typically five minutes) before and after high-impact news events.
- Copy Trading: Allowed for a trader’s own accounts, but copying trades from third parties is not permitted.
- Expert Advisors (EAs): Allowed if compliant with risk rules.
- Scalping and Hedging: Permitted under account guidelines.
- Weekend Holding: May be restricted based on account type or platform.
Violations of these rules can lead to loss of funding eligibility or account suspension.
Scaling Program
1of1 Funding provides a scaling option for traders who demonstrate strong and consistent performance over time.
Scaling Criteria
- Minimum of three months with a funded account.
- At least two successful payout cycles.
- Achieving a 10% total profit during that period.
Scaling Benefits
- Account Increase: Funded account balance can be increased by 25% increments.
- Maximum Cap: Scaling can continue until the account reaches a cap of $300,000.
- Additional Privileges: Increases may include improvements in trading conditions.
This program is designed to reward consistency and offer higher capital to experienced and disciplined traders.
Support and Communication
Customer support is provided through multiple channels:
- Live Chat on the website
- Email Support
- Social Media channels
Response time may vary, with some users reporting efficient support and others noting slower responses during peak periods. Support quality can be an important consideration for traders who may require technical assistance or help with payouts and platform access.
Fee Structure
1of1 Funding uses a transparent fee system based on the chosen challenge size and additional features.
Breakdown
- Evaluation Fee: Varies by account size; paid once during signup.
- Add-ons: Optional features like increased leverage or holding permissions are available for additional fees.
- No Monthly Subscription: There are no recurring fees for maintaining funded accounts.
The refund of the evaluation fee upon successful completion of the challenge and withdrawal from a funded account is a feature promoted by the firm, although conditions apply.
Online Visibility and Reputation
1of1 Funding is a relatively new firm, and its digital footprint is still developing.
Observations
- The website domain was registered in 2023.
- Online presence is limited compared to older, more established firms.
- Review and discussion activity is increasing but still modest in volume.
- Feedback from users includes both positive and critical observations, with specific mentions of payout timing and KYC procedures.
Due to its short operational history, the firm’s overall reputation is still in the early stages of development.
Considerations for Traders
Advantages
- 100% Profit Retention: Traders keep all profits earned on funded accounts.
- Simplified Challenge: A single-phase evaluation streamlines access to funding.
- Multi-Platform Support: Wide range of platforms allows flexibility in trading style.
- Scalable Accounts: Growth potential for long-term performers.
Limitations
- Short Operating History: Limited data on long-term reliability.
- Mixed Reports: Varying user experiences with customer support and processing times.
- Low Web Presence: Less exposure compared to more established firms.
These factors should be weighed carefully before committing to a challenge or funded account.
Conclusion
1of1 Funding provides an innovative structure for traders seeking access to capital with minimal profit-sharing obligations. Its one-step evaluation model, 100% profit payouts, and platform flexibility make it a compelling choice for confident, risk-aware traders.
However, given its short operating history and limited online footprint, traders should approach with caution. It’s important to understand all terms, conditions, and potential risks associated with using a newer prop firm. Diligence and careful assessment of account rules, support infrastructure, and payout procedures are essential for a successful experience with 1of1 Funding.
