FAQ
About One of One Funding
What is One of One Funding?
One of One Funding is a proprietary trading firm that offers unique trading account models to empower traders to achieve their financial goals. We are a legal entity based in Dubai, offering transparent trading rules and a commitment to your success.
Account Models
What are the available account models?
We offer two account models: Standard Account (2 Phase) and 1 Step Account (1 Phase).
2 phase details:
- Total drawdown: 10%
- Max daily drawdown: 5%
- Profit target phase 1: 8%
- Profit target phase 2: 5%
1 step account details:
- Total drawdown: 6%
- Max daily drawdown: 4%
- Profit target: 8%
What are the account sizes available?
We offer a wide range of account sizes from $6,000 to $200,000 to suit your trading needs and goals.
What is max allocation?
The max funded allocation a trader can have is $400,000.
There is no limit on challenges.
Drawdown Rules
DXTrade
Total Loss Limit
The Total Loss Limit represents the maximum equity that can be lost before deeming the account as failed. This limit remains constant and is not subject to trailing, always remaining fixed to the initial starting balance.
Example: Trading in a 100k 1-step challenge, your max loss limit is set at $94,000. If you happen to make profits and increase your balance beyond the initial amount, rest assured that your max loss limit remains fixed at $94,000 and will never trail.
Daily Loss Limit
Daily Loss Limit represents the maximum amount of equity that can be lost in a single trading day before the account is breached. This threshold is a fixed percentage which anchors to the daily starting balance and adjusts accordingly to new balance highs intraday.
Example: Let's consider a scenario where the trading day begins with a balance of $100,000 on a 100k 1-step challenge. Initially, the daily drawdown limit would be set at $96,000. However, if you were to engage in successful trades and increase the balance to $104,000, the daily drawdown limit would then be recalibrated to $99,840 (representing 4% of the new balance of $104,000). Should your equity now fall below $99,840, you would breach the daily drawdown limit. This value will adjust the following trading day to reflect 4% of the daily starting balance and will continue to adjust accordingly.
Daily Drawdown Resets at 0:00 UTC.
TradeLocker
Total Loss Limit
Daily Loss Limit
At the start of each 24-hour period, a snapshot of the account's current equity is taken. The "maximum daily loss" percentage is applied to this equity value to determine the maximum allowable loss before an account fails. The failure point is the current equity minus the allowable loss amount. If account equity falls to or below this level within the 24-hour window, the challenge account is failed.
Daily Drawdown Resets at 0:00 UTC.
Payouts
How often can I withdraw my profits?
Withdrawal requests can be made every 14 calendar days. Payout processing times vary based on the platform:
Riseworks.io: Payouts are processed within 24 hours after approval.
Crypto: Payouts are processed within 48 hours after approval.
Please note that if you continue trading on your account after the payout is approved and incur losses that surpass the difference between your total profits and the approved payout amount, the payout will be canceled.
What is the profit split?
Funded Traders enjoy a complete 100% profit split, ensuring they retain the full value of their hard-earned trading profits.
What is the minimum payout amount?
There is no minimum payout amount, meaning as long as you have had the live account for 2 weeks you can withdrawal and secure your profits.
How do I get my refundable challenge fee?
The one-time refundable challenge fee will be reimbursed automatically alongside your initial payout.
What is the minimum amount of trading days?
The only requirement we have for trading days is that you have had the live account for two weeks. This means that the account has to be active for two weeks. There are no minimum amount of days that are traded as long as you're in profits by the time you qualify for a withdrawal.
Scaling Plan
What is the Scaling Plan, and how does it work?
The Scaling Plan becomes eligible 3 months after getting funded. If you achieve a 10% gain during this period and receive at least 2 payouts, your account balance will increase by 25%. Further scaling occurs at 25% increments with a cap at $400,000.
Leverage and Platforms
What leverage is available for different asset classes?
Leverage varies across asset classes: Forex: 100:1, Indices: 30:1, US Stocks: 10:1, Crypto: 2:1, AU & AG: 10:1, Oil: 50:1, NGAS: 50:1, XPD & XPT 10:1.
Which trading platforms are supported?
We currently offer DXTrade and TradeLocker
Trading Conditions
Is there any time limit for achieving profit targets?
There are no time constraints in our challenge account models, granting you the flexibility to trade at your own pace.
What are the spreads like?
Check the spreads by logging into our spread account!
Username: spreads-1-of-1
Password: qgDMxCC3iG
Is weekend holding allowed?
Yes, weekend holding is allowed, giving you flexibility in holding positions through weekends.
Can I trade during news events?
Yes, news trading is allowed, providing opportunities during market-moving events.
Can I use Expert Advisors (EAs) for trading?
EAs are allowed but we do not allow HFT bots.
Can I utilize trade copiers?
Yes, trade copiers are allowed, letting you replicate successful strategies.
Do I need to set a stop loss?
No, there is no requirement to set a stop loss for your trades.
Trading Instruments
Trade Forex, Indices, Crypto, Metals, Energies and Stocks with competitive spreads.
You can view the tradable assets here.
Refund Policy
All transactions are non-refundable, and sales are deemed final.
Affiliates
How do I become an affiliate?
Affiliates can sign up at oneofonefunding.com/affiliate.
How much do affiliates earn?
The commission rate for affiliates is 15%.
How do affiliates get paid out?
Affiliates will be paid out within 5 business days from the 21st of every month. The minimum withdrawal amount is $25.
Prohibited Conduct
What is considered Prohibited Conduct?
Working in tandem with yourself and others to implement opposing strategies or other activities aimed at pooling or hedging risk.
Using trading strategies intended to exploit or create errors in the services, such as errors in price display or delayed updates.
Utilizing high-frequency trading software or "bots".
Bypassing geographical restrictions. Restricted Countries: here
Utilizing any form of a VPN or proxy server
Engaging in trading activities on behalf of others or on anyone's account other than your own.
Trading while underage, specifically below 18 years of age.
Conducting activities that, solely at the discretion of 1of1 Funding, are deemed not to be a viable trading strategy.
Contact
How do I get in touch with support?
Feel free to reach our support team via email at [email protected].
