OneFunded

OneFunded, operated by Brynex Tech Limited, is a proprietary trading firm headquartered in London that launched in 2024 under the name PROP365 before rebranding in August 2025. The firm follows an evaluation-based funding model where traders must complete one or two challenge phases to demonstrate consistent profitability before gaining access to funded accounts ranging from $2,000 to $100,000. In a strategic expansion move, the company also acquired retail prop firm FXCI to broaden its global trader base.

The platform offers four challenge formats — Value, Core, Flex, and Flash — designed to accommodate different trading styles and risk tolerances. The 1-Step Challenge requires a single 10% profit target with a 4% daily and 8% maximum drawdown limit, while the 2-Step Challenge splits targets across two phases (8% then 5%). The Flex plan removes the consistency rule for more flexible trading, and the Flash plan provides the quickest route to a funded account. Challenge fees start at just $23 and are fully refunded after the trader's first successful payout, making OneFunded one of the most accessible entry points in the prop firm industry.

Traders can access over 200 instruments across forex, cryptocurrencies, indices, metals, and commodities through two supported platforms: cTrader and TradeLocker. Both are available on desktop, web, and mobile devices. MetaTrader 5 support is in development and listed as coming soon. Notably, OneFunded permits expert advisors (EAs), copy trading, and news trading with no lot size restrictions — advantages that algorithmic and news-based traders will appreciate. There are also no time limits on evaluation challenges, removing the pressure of artificial deadlines.

Funded accounts earn an 80% profit split by default, upgradeable to 90% through an optional add-on. Payouts are processed every 14 days after the first 14-day qualifying period (minimum $100 profit), with a weekly payout option also available. The firm accepts US traders, giving it a broader reach than many competitors. With low entry fees, flexible trading rules, and a fee refund policy, OneFunded positions itself as a trader-friendly choice for both new and experienced traders seeking evaluation-based proprietary funding.