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OneUp Trader foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://app.oneuptrader.net/signup, about the company's legal and temporary regulatory information, the company's address 1007 N. Orange St. 4th Floor Wilmington, Delaware 19801.

OneUp Trader Forex Broker

Basic Information

Registered Region

United States

Operating Period

Company Name

OneUp Trader

Abbreviation

OneUp Trader

Company employee

Customer Service Email Address

support@oneuptrader.com

Contact Number

+13022310217

Company Website

https://oneuptrader.com

Company address

1007 N. Orange St. 4th Floor Wilmington, Delaware 19801

Keywords

2-5 years

Suspicious Regulatory License

High potential risk

Company profile

Aspect Information Company Name OneUp Trader Registered Country/Area United States Founded Year 2018 Regulation Not regulated Account Types Funded Trading Accounts (Multiple funding levels) Maximum Leverage Up to 1:500 Spreads No data fees or hidden fees Trading Platforms NinjaTrader, Sierra Chart, Agena Trader, and more Customer Support 24/7 support via phone(+1 302-231-0217 ) and email(support@oneuptrader.com) Deposit & Withdrawal Bank wire Educational Resources Various categories including evaluation guides, billing, and more Overview of OneUp Trader OneUp Trader, established in 2018 and headquartered in the United States, offers Funded Trading Accounts with multiple funding levels. Operating without regulatory oversight, the platform provides traders with a maximum leverage of up to 1:500, accompanied by no data fees or hidden costs in its spreads. Traders can utilize various platforms, including NinjaTrader, Sierra Chart, Agena Trader, and more. Despite the advantage of 24/7 customer support through phone and email, the absence of regulatory backing poses a potential drawback for those seeking a regulated trading environment. The platform facilitates deposits and withdrawals exclusively through bank wire, limiting payment options. Various educational resources are available, covering evaluation guides, billing, and more. Is OneUp Trader legit or a scam？ OneUp Trader operates without regulation from any supervisory authority, prompting issues about the exchange's transparency and oversight. Unregulated platforms lack the safeguards and legal protections provided by regulatory authorities, increasing the risk of fraud, market manipulation, and security breaches. The absence of proper regulation will pose challenges for users seeking recourse or dispute resolution. Furthermore, the lack of regulatory oversight contributes to a less transparent trading environment, making it challenging for users to assess the exchange's legitimacy and reliability. Pros and Cons Pros Cons No hidden fees Not regulated 24/7 trader support Limited market analysis and insights A simple 1- Step Evaluation Easy-to-use platform Pros: No Hidden Fees: OneUp Trader boasts a transparent fee structure with no hidden charges. Traders can engage in their activities without the worry of unexpected costs, enhancing the overall appeal for cost-conscious users. 24/7 Trader Support: The platform provides round-the-clock support for funded traders. This continuous assistance ensures that traders can seek help or resolve issues at any time, contributing to a smoother trading experience. A Simple 1-Step Evaluation: OneUp Trader offers a straightforward one-step evaluation process. This simplicity can be advantageous for traders looking for a streamlined and accessible way to enter the evaluation program. Easy-to-Use Platform: The platform is user-friendly, making it accessible for traders of various experience levels. An easy-to-navigate interface can contribute to a more efficient and enjoyable trading experience. Cons: Not Regulated: One significant drawback is the lack of regulatory oversight. The absence of regulation raises issues about the platform's adherence to industry standards and the protection of user interests. Limited Market Analysis and Insights: The platform provides limited market analysis and insights, which can be a drawback for traders who rely heavily on comprehensive market information for informed decision-making. Account Types OneUp Trader provides a range of funded trading accounts tailored to different capital levels. The $25,000 account is designed for traders with a moderate starting capital, offering the opportunity to trade up to 15 contracts and reach a $9,000 profit target. It features a $5,000 trailing drawdown, no daily loss limit, and the benefit of the first $10,000 profits being free. This account allows unlimited balance resets, a 90% profit split, a free NinjaTrader license, and complimentary market data/level 2 access. Additionally, it includes 24/7 customer support. This account type is suitable for traders looking for a comprehensive package with a moderate capital commitment. For traders with a higher risk appetite and a larger capital base, the $50,000, $100,000, $150,000, and $250,000 accounts offer progressively increased opportunities and benefits. These accounts come with higher contract limits, profit targets, and trailing drawdowns for more experienced traders seeking greater exposure and profit potential. The features, including the absence of a daily loss limit, free profits up to a certain amount, balance resets, profit splits, and additional perks like a free NinjaTrader license and market data/level 2 access, make these accounts suitable for individuals looking for more extensive trading capabilities and rewards. The varying capital levels allow traders to choose an account that aligns with their risk tolerance and trading objectives. How to Open an Account？ Opening an account with OneUp Trader is a straightforward process. Here are the concrete steps to guide you through: Choose Account Type: Visit the OneUp Trader website and navigate to the account types section. Select the funded trading account that suits your capital and trading preferences. Submit Application: Complete the online application form with accurate personal and financial information. Ensure all required fields are filled out correctly to expedite the account approval process. Review Terms and Conditions: Carefully read and understand the terms and conditions associated with the chosen account type. Ensure compliance with the trading rules and guidelines provided by OneUp Trader. Fund Your Account: Once your application is approved, fund your trading account with the required initial capital. Follow the designated process for depositing funds, which includes various payment methods. Download Necessary Software: If applicable, download and install any necessary trading software provided by OneUp Trader. Ensure compatibility with your preferred trading platform for a better experience. Start Trading: Access your funded trading account through the designated platform. Begin trading according to the rules and parameters specified for your selected account type. Trading Platform OneUp Trader provides a variety of trading platforms, with NinjaTrader being a recommended option. During the evaluation period, NinjaTrader is available for free, but users are required to purchase a license afterward. The cost of the license ranges from $180 to $999, depending on the desired duration of use. Apart from NinjaTrader, several other platforms are supported by OneUp Trader, offering users a range of choices. These include Sierra Chart, Agena Trader, R | Trader Pro, Inside Edge Trader, R Investor, Motive Wave, MultiCharts, Photon, QScalp, ScalpTool, Trackn Trade, Trade Navigator, Volfix.net, eSignal, and Jigsaw Trading. Users can select a platform that aligns with their preferences and trading requirements. Deposit & Withdrawal OneUp Trader offers payment methods primarily through bank wire for withdrawals, and it's important to note that ACH withdrawals are not supported. This limitation could be a trouble for users who prefer or rely on ACH transactions for fund withdrawals. Additionally, users should be aware that there is a relatively high minimum withdrawal amount set at $1,000. This minimum threshold impacts those who wish to withdraw smaller amounts, potentially posing an inconvenience for traders with less substantial account balances. Customer Support OneUp Trader provides customer support through various channels, offering assistance 24/7. Users can reach out for general inquiries and trader support via phone at +1 302-231-0217 or send an email to support@oneuptrader.com. The platform's physical address is 1007 N. Orange St. 4th Floor, Wilmington, Delaware 19801. This multi-channel approach ensures accessibility for users seeking help or clarification, emphasizing responsiveness to user needs. Educational Resources OneUp Trader offers a set of educational resources to assist users in various aspects of their trading journey. The platform provides articles under categories such as “Express Funding,” offering insights into funding options, and “What's New？” with step-by-step guides for setting up an account in six simple steps. Featured articles cover a range of topics, ensuring users have access to relevant and timely information. A dedicated section on “General Overview” provides foundational knowledge, while resources under “Billing and Membership” offer insights into the financial aspects of using OneUp Trader. “Funded Traders Rules and Guidelines” provide guidelines for users participating in the funded trader program. For users exploring the evaluation platform, there are specific guides under “Evaluation Platform Connection Guides.” Rules, guidelines, and frequently asked questions related to the evaluation process are also covered extensively, ensuring users have a comprehensive understanding of the platform's features and requirements. The various range of educational articles serves traders at different stages of their journey. Conclusion In conclusion, OneUp Trader presents a mix of advantages and disadvantages for traders to consider. On the positive side, the platform offers a transparent fee structure with no hidden costs, coupled with 24/7 trader support, ensuring assistance is readily available. The straightforward one-step evaluation process and an easy-to-use platform for users seeking simplicity in their trading journey. However, the absence of regulatory oversight is a notable issue, potentially impacting user trust and security. Additionally, the platform's limited market analysis and insights pose challenges for traders who heavily rely on comprehensive data. Prospective users should weigh these factors to determine if OneUp Trader aligns with their trading preferences and risk tolerance. FAQs Q: What trading platforms are recommended by OneUp Trader？ A: OneUp Trader suggests NinjaTrader as the primary platform, while other options include Sierra Chart, Agena Trader, R | Trader Pro, and more. Q: How much is the license fee for NinjaTrader recommended by OneUp Trader？ A: The NinjaTrader license fee varies from $180 to $999, depending on the duration of usage. Q: What is the minimum withdrawal amount on OneUp Trader？ A: Withdrawals on OneUp Trader can only be made via bank wire, with a minimum withdrawal amount of $1,000. Q: What payment methods are available for deposits on OneUp Trader？ A: OneUp Trader supports various payment methods, including bank wire. Q: Does OneUp Trader offer a demo account？ A: No, there is no mention of a demo account being offered by OneUp Trader. Q: What are the support channels for OneUp Trader？ A: OneUp Trader offers 24/7 support through phone (general inquiries/trader support) at +1 302-231-0217 and email at support@oneuptrader.com.

OneUp Trader broker review

Is OneUp Trader safe or scam

Rating Index

How to login to OneUp Trader?

OneUp Trader Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a OneUp Trader Account Registering for a OneUp Trader account is a straightforward process that allows you to access their funded trading services. Follow th

OneUp Trader Broker - Comprehensive Information Guide

1. Broker Overview

　　OneUp Trader, established in 2017, is a proprietary trading firm headquartered in Wilmington, Delaware, USA. The company operates as a private entity and has gained recognition for its innovative approach to funding traders, primarily focusing on the futures trading market. OneUp Trader is designed to cater to a diverse clientele, including both novice and experienced traders who seek to leverage company capital for trading without the need for significant upfront investments.

　　The firm has made significant strides in the trading industry, particularly with its one-step evaluation process, which simplifies the path to obtaining a funded account. This streamlined approach has positioned OneUp Trader as a notable player in the proprietary trading sector, allowing traders to showcase their skills and earn profits without risking their own capital.

　　OneUp Trader operates under a unique business model that connects skilled traders with funding partners, enabling them to trade various futures contracts. The firm emphasizes a disciplined trading strategy, encouraging traders to focus on consistent performance and risk management.

　　OneUp Trader Broker aims to create a supportive trading environment, offering educational resources and a robust community for traders to share insights and strategies. This commitment to trader development is reflected in the firms ongoing efforts to enhance its services and adapt to the evolving needs of its user base.

2. Regulatory and Compliance Information

　　OneUp Trader operates without formal regulation from major financial authorities, which raises some concerns regarding oversight and security. The firm is registered in the United States but does not hold a license from regulatory bodies such as the Commodity Futures Trading Commission (CFTC) or the National Futures Association (NFA). This lack of regulation means that the company is not subject to the same stringent compliance standards as regulated brokers, which can lead to increased risks for traders.

　　While OneUp Trader does not provide specific regulatory numbers or licenses, it emphasizes that it operates legally within the U.S. and can serve clients from various regions. The firm implements basic Know Your Customer (KYC) and Anti-Money Laundering (AML) measures to enhance security and compliance, ensuring that customer data is handled responsibly.

　　OneUp Trader does not participate in investor compensation schemes, which further highlights the importance of understanding the risks associated with trading through an unregulated firm. Clients are encouraged to conduct thorough research and consider their risk tolerance before engaging with the platform.

3. Trading Products and Services

　　OneUp Trader primarily focuses on futures trading, offering a range of products that include:

Equity Futures: Such as E-mini S&P 500, E-mini Nasdaq 100, and E-mini Dow Jones.
Forex Futures: Including various currency pairs.
Commodity Futures: Covering agricultural products, metals, and energy.
Interest Rate Futures: Such as Eurodollar and various treasury notes.

　　The firm does not currently offer CFD products or cryptocurrencies, which may limit options for traders seeking to diversify their portfolios. However, OneUp Trader's range of futures contracts allows traders to apply various strategies across different asset classes.

　　The firm updates its product offerings regularly, ensuring that traders have access to a comprehensive suite of instruments. OneUp Trader also provides retail trading services, focusing on individual traders looking to leverage company capital for their trading activities.

4. Trading Platforms and Technology

　　OneUp Trader supports several trading platforms, with NinjaTrader being the primary option. During the evaluation period, traders can access NinjaTrader for free. Other platforms supported by OneUp Trader include:

R | Trader
Sierra Chart
Multicharts
Photon
QScalp

　　The platforms offer various features, including advanced charting, real-time market data, and risk management tools.

　　OneUp Trader does not provide support for MetaTrader 4/5, which may be a drawback for traders familiar with these platforms. The firm operates on a 1:1 leverage basis, meaning that the trading account balance serves as the buying power without additional leverage.

　　The company's infrastructure is designed to facilitate efficient trade execution and provide traders with the necessary tools to analyze market conditions effectively. OneUp Trader also supports API access for automated trading, allowing traders to implement their strategies seamlessly.

5. Account Types and Trading Conditions

　　OneUp Trader offers a variety of account types, each with specific conditions tailored to different trading styles and capital requirements. The account options include:

$25,000 Account: Monthly fee of $125, profit target of $1,500, and a trailing drawdown of $1,500.
$50,000 Account: Monthly fee of $150, profit target of $3,000, and a trailing drawdown of $2,500.
$100,000 Account: Monthly fee of $300, profit target of $6,000, and a trailing drawdown of $3,500.
$150,000 Account: Monthly fee of $350, profit target of $9,000, and a trailing drawdown of $5,000.
$250,000 Account: Monthly fee of $650, profit target of $15,000, and a trailing drawdown of $5,500.

　　Each account type comes with specific rules regarding maximum position sizes and profit targets. Notably, OneUp Trader does not impose daily loss limits, allowing traders more flexibility in their trading strategies. However, all positions must be closed by 3:15 PM CT, and traders are encouraged to maintain consistent performance throughout their trading activities.

6. Fund Management

　　OneUp Trader supports various deposit methods, including bank wire transfers and credit/debit cards. The minimum deposit requirement varies by account type, with the lowest being $125 for the initial evaluation.

　　Deposits are processed promptly, typically within a few business days. However, traders should be aware of the associated fees, which may apply depending on the payment method used.

　　Withdrawals can be made using bank wire or cryptocurrency (BTC or USDT), with a minimum withdrawal threshold of $1,000. Withdrawal requests are processed on the same day, allowing traders quick access to their profits. Notably, there are no withdrawal fees imposed by OneUp Trader, although third-party fees may apply.

7. Customer Support and Educational Resources

　　OneUp Trader offers robust customer support through multiple channels, including:

Phone support: Available 24/7 at +1 302-231-0217.
Email support: Reachable at support@oneuptrader.com.
Live chat: Instant assistance for traders during business hours.

　　The firm provides support in multiple languages, catering to a diverse client base.

　　OneUp Trader also emphasizes education, offering a variety of resources such as webinars, tutorials, and market analysis services. Traders have access to daily market insights, research reports, and trading tools, including calculators and economic calendars, to enhance their trading experience.

8. Regional Coverage and Restrictions

　　OneUp Trader primarily serves clients in the United States, but it also caters to traders in various international markets. The firm has established a presence in countries like Germany, France, and Canada, allowing a broader reach for its services.

　　However, there are certain regions from which OneUp Trader does not accept clients, and specific restrictions may apply based on local regulations. Prospective users are encouraged to review the eligibility criteria on the firm's website to ensure compliance with regional laws.

　　In conclusion, OneUp Trader is a promising option for traders looking for a proprietary trading firm that offers funded accounts with a straightforward evaluation process. While the lack of regulatory oversight may raise concerns, the firm's focus on trader support and education, combined with a user-friendly platform, makes it a viable choice for many traders seeking to leverage company capital in the futures market.

　　The OneUp Trader Broker stands out for its commitment to fostering a disciplined trading environment, which is crucial for long-term success in the competitive trading landscape.

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