OneUp Trader Rules

OneUp Trader's plans state a maximum drawdown of 2.2% to 6% of the account size (drawdown type: trailing), across 5 plans. A consistency rule applies: evaluation only: the next three best days must sum to at least 80% of the best day's net profit; not applied to funded accounts. News trading is conditional: no restrictions in the evaluation; funded traders must be flat one minute before, during and after major economic releases.

OneUp Trader's plans state a maximum drawdown of 2.2% to 6% of the account size (drawdown type: trailing), across 5 plans.

A daily loss limit figure is not recorded in the plan details we hold. The firm may still set one, so check its rules page rather than assuming there is none.

Dollar amounts are the published percentage applied to the account size.

In OneUp Trader's words

Plan figures: “Access funded trading accounts ranging from $25,000 to $250,000” www.oneuptrader.com

A consistency rule caps how much of your total profit a single trading day may account for. Here is what OneUp Trader states.

In OneUp Trader's words

Consistency rule: “Traders must have three (3) other best trading days' net profits total summed up to equal 80% or more of the largest day's net profit.” help.oneuptrader.com/…/385-evaluation-rules-parameters

In OneUp Trader's words

Minimum trading days: “You must trade a minimum of 10 trading days to be eligible for placement with our funding partners.” help.oneuptrader.com/…/385-evaluation-rules-parameters

Time limit: “These 10 days are not the maximum limit; you can continue trading until you reach that profit target, even if it takes five (5) months.” help.oneuptrader.com/…/389-rules-definitions

In OneUp Trader's words

News trading: “There are no restrictions on trading the news during the evaluation. This is different once you get funded.” help.oneuptrader.com/…/468-most-popular-questions

Copy trading: “However, copy-trading is permissible when conducted across multiple funded accounts under the Trader's own name and solely for the purposes of risk management and strategy diversification.” help.oneuptrader.com/…/372-funded-trader-rules

Hedging: “Hedging positions in any form across multiple funded accounts is strictly prohibited.” help.oneuptrader.com/…/372-funded-trader-rules

High-frequency and latency arbitrage: “Trading activities (including, but not limited to Micro scalping, High-Frequency Trading, Latency arbitrage, Tick scalping, etc.) with a duration of less than 10 seconds; and/or that take advantage of market data inefficiencies/errors are strictly prohibited by our funding partners.” help.oneuptrader.com/…/372-funded-trader-rules

In OneUp Trader's words

Weekend holding: “NB: No trading is allowed after 3:15 PM CT on Fridays until Sundays at 5 PM CT when the market reopens.” help.oneuptrader.com/…/390-permissible-products-times

Overnight holding: “No open positions or trading between 3:15 PM CT and 5:00 PM CT.” help.oneuptrader.com/…/387-what-are-the-rules-of-the-evaluation

Trading hours: “All positions MUST be closed by 3:15 PM CT. Trading day starts at 5 PM CT and ends at 3:15 PM CT (not including holidays and weekends).” help.oneuptrader.com/…/385-evaluation-rules-parameters

Funded accounts follow Dynamic Scaling Targets: the number of contracts allowed each day is set by the Cash On Hand value at the start of the session and is readjusted after a withdrawal.

In OneUp Trader's words

Scaling plan: “Your buying power (number of contracts to trade) will be determined by the Cash On Hand value (seen in R|Trader Pro) at the beginning of the trading session.” help.oneuptrader.com/…/386-funded-trader-dynamic-scaling-targets

Largest account size: “You can get anywhere from $25,000 to $250,000.” help.oneuptrader.com/…/379-what-are-the-account-options

In OneUp Trader's words

Maximum number of accounts: “Yes, you can have up to 3 evaluation accounts simultaneously.” help.oneuptrader.com/…/505-can-i-have-multiple-evaluation-accounts

Prohibited instruments: “The Products below can be traded during normal trading hours unless otherwise noted.” help.oneuptrader.com/…/390-permissible-products-times

Account sharing: “The account will be personal to you, and you cannot share it with anybody else.” www.oneuptrader.com/…/terms-conditions

Inactivity: “Must maintain a minimum weekly total trade execution of no less than 50% of the average number of trades successfully completed on the evaluation.” help.oneuptrader.com/…/372-funded-trader-rules

Resets: “The cost for a balance reset is: $50 for 25k and 50k accounts and $100 for all other account size” help.oneuptrader.com/…/488-express-funding-how-does-it-work

These were not stated on the pages of OneUp Trader's site we read. They may be published somewhere we did not look, which makes them the questions to put to its support desk before paying.