One of the most raised issues in crypto traders’ forums is whether they can use prop firms the way forex traders do. During our research, we found one trader asking for suggestions for a prop firm that they could partner with to trade BTCUSD. The trader received lots of suggestions, and a great number of them asked the trader to conduct thorough research to settle on the firm that best suits their style and needs.
Incidentally, this is a common experience, especially among skilled crypto traders looking to increase the size of positions they take in the market. Prop firms offer a way towards this goal, but it is not always easy to know which firm is the right one. Add to that the fact that some firms are purely crypto-focused and others like OneFunded offer crypto as one of the many tradable assets.
In that light, this article intends to answer the question of whether you, as a crypto trader, can use OneFunded to trade assets like BTCUSD using funded capital. In short, is OneFunded built for crypto traders, rather than added as an afterthought?
What is OneFunded?
OneFunded is a proprietary trading firm, prop firm for short, whose parent company is Brynex Tech Limited. Brynex is a UK-registered company.
Like any typical prop firm, OneFunded operates as a facilitator, which is a company that hires retail traders and provides them with capital to trade financial markets. Those who turn up a profit share it with the firm. However, it is worth noting that prop firms provide a virtual environment for trading. Nonetheless, the simulated environment adheres to everything that happens in the live market, including market data, rules of trading, and so on.
Because of the simulated capital model, OneFunded does not hold traders’ funds like a broker would. That means the only money a trader spends is the entry fee they pay to unlock an evaluation.
OneFunded offers three evaluation paths: Flash, Core, and Value. Flash requires only one step, and the other two require you to pass two steps before you are eligible for a funded account. But those who wish to skip the evaluation stage can choose the Instant path.
During evaluation, OneFunded doesn’t dictate the time you should take to complete the challenges. This unlimited trading period allows you to construct a solid strategy to get you through to the funded account.
Once you get the funded account, OneFunded allows you to trade more than 250 instruments. These include over 55 forex pairs, over 150 US and European stock market indexes, and over 15 global metals and indices. For crypto specifically, you can trade combinations of Bitcoin and Ethereum with the US dollar, as well as over 15 other cryptocurrencies.
Crypto Trading Conditions
Instruments
Obviously, crypto traders will be interested in the crypto market and how OneFunded runs it. For starters, the firm describes the crypto instruments as running on real-market spread conditions. This means the prop firm mirrors the exact, live price gaps found on real crypto exchanges. As such, trading cryptocurrencies on OneFunded won’t be any different from using dedicated crypto prop firms that build their operations on top of cryptocurrency exchanges.
Leverage
Put simply, leverage is a booster that lets you control a large trading position with only a tiny amount of capital. OneFunded boosts the capital by two, which translates to a 1:2 leverage for crypto trades. This is a small number compared to the 1:100 that forex traders get.
The difference is that crypto trades involve much more volatility. In fact, the stable forex pairs rarely move more than 0.5% to 1% daily, but cryptocurrencies easily touch 10% in a single day.
Overnight/weekend holding
Crypto traders can hold positions over the weekend and overnight. Although this excludes specific “Zero” accounts, which may require closing positions. The trades that you hold over the weekend or overnight will incur standard swap fees. And weekend positions may also be subject to maximum drawdown limits due to price gaps that are common during the period.
Lot sizing
OneFunded recognises that trading styles vary widely, so it does not impose strict lot size limitations. Different approaches benefit from different lot sizes, and the firm allows traders to choose sizing that aligns with their strategy.
Swing traders, for example, often choose smaller lot sizes since they set wider stop losses to accommodate longer-term price movements. Intraday traders and scalpers, on the other hand, might opt for larger lot sizes to maximise gains on shorter-term moves, where stop losses sit closer to the entry price.
That said, position sizing consistency matters at OneFunded. Risking a large percentage of your account balance on a single trade, or making abrupt, significant increases in position size, particularly during high-volatility news events, can signal risky trading behaviour. Such patterns prompt a review from the OneFunded team, since they may point to a lack of risk control.
OneFunded's priority is to support traders in building long-term, sustainable results. Violations of position sizing consistency may lead to account review or termination to maintain responsible trading standards on the platform.
Costs
The firm does not charge commission on crypto trades, which is a massive difference from the $3 to $4 per standard lot it charges on trades in forex and metals markets.
Funding Process
We noted earlier that OneFunded recruits traders through three evaluation paths and an instant one. That means the funding process will depend on the path you pick.
Say you prefer the evaluation path. The first thing to do is pick a challenge and the preferred account size. If cost is an important factor, you will likely choose the $5,000 account size under the Value challenge; the entry fee is $29.
Because Value is a two-step challenge, you should be ready to hit the 8% profit target in phase one and then the 6% in phase two. You must do that while ensuring that you trade for a minimum of four days, and that you don’t lose more than 4% of the capital per day and 8% overall.
Once you manage to hit the targets without breaching any of the limits in the two phases, the firm’s representatives will reach out to you for a KYC check. KYC is short for Know Your Customer and is a quick identity check that financial companies use to prove you are exactly who you say you are. If the representatives are satisfied that you are who you say you are, they will open an account and fund it with $5,000. This is the account size you paid for earlier.
The process is shorter with the Instant path. Say you opt for the same $5,000 account size; you will pay a $79 entry fee. The upside is that once you clear the fee, the firm will proceed straight to the KYC check and open a funded account.
OneFunded Plans Comparison Table
Feature
Value
Core
Flash
Instant
Evaluation steps
2-Step
2-Step
1-Step
No Evaluation
Price positioning
Lowest price
Most popular
Mid-range
Mid-range
Min Price
$29
$35
$56
$79
Profit target
8% / 6%
8% / 5%
10%
-
Minimum trading days
4 days
3 days
1 day
-
Daily loss limit
4%
5%
4%
3%
Overall loss limit
8%
10%
6%
6%
Consistency rule
Off
Off
50%
20%
Trading period
Unlimited
Unlimited
Unlimited
Unlimited
Profit split
Up to 90%
Up to 90%
Up to 90%
Up to 80%
Refundable fee
Yes
Yes
Yes
No
Best for
Disciplined traders
Most traders
Confident fast traders
Experienced Traders
Funded stage
A OneFunded funded trader enjoys four perks.
First, traders start with an 80% profit split as the standard. That is to say that whenever your crypto position earns a profit, the firm will take 20% and leave the rest to you. The best part is that you can increase this share to 90% with a paid addon.
You can request the earnings once every 14 days, and if that is too long, you can shorten the cycle to just seven days by purchasing a Weekly Payout Addon. OneFunded offers three payout methods: Rise, crypto (USDT on the TRC20 network), and bank transfer. The minimum payout amount is $100 and the maximum is $10,000, regardless of the method chosen. Processing times vary by method, with crypto payouts typically clearing faster than bank transfers.
The second perk is a zero-net-cost risk structure for certain accounts. That is, once you achieve your very first successful payout on Value, Core, and Flash accounts, OneFunded reimburses the entry fee you paid earlier. So, you effectively got funded for zero net cost.
Third, OneFunded gives its clients the ultimate strategic freedom. For one, as we saw earlier, there are no time limits, which means you can manage your funded account at your own pace. The firm also permits full news trading and overnight and weekend position holding.
Lastly, funded traders enjoy continuous loyalty perks through the rewards centre. OneFunded’s rewards centre awards you loyalty points for every trade or a platform activity you complete. You can use the accumulated points for discounts or free evaluation challenges.
Pros and Practical Considerations
From a crypto trader’s point of view, several aspects of OneFunded’s model work in its favour.
The first is time. Because there is no fixed deadline on the evaluation, you are not forced to chase targets in a shorts window, which can be a poor fit for assets that can swing 5% to 10% in a single session. Instead, you can wait for conditions that match your playbook and build your way towards the target gradually.
The second is flexibility. Crypto lives inside the same funded account as forex, indices, and metals. That means you can rotate into other asset classes when the digital asset market goes quiet without having to open a separate account or change platforms.
And when the time comes to payouts, you can opt to receive the funds via crypto. This is important for someone who has built a career inside the digital assets market and is used to transacting on chain. Don’t forget also that stablecoin payouts are quite fast.
Be that as it may, there are trade-offs that you should weigh carefully before signing up. To start with, the 1:2 leverage on crypto is quite low, especially compared to the 1:100 available on major forex pairs. In OneFunded’s defence, this is the standard leverage in the market.
Also, the firm permits overnight and weekend holding, but every extended hold attracts swap fees. The fees can chip away at profit if your strategy relies on staying in trades for days.
It also helps to remember that all of the trading takes place in a simulated environment. You are not sending orders to an exchange; instead, you are being paid out of the firm’s own structure for performance in that simulation. For some traders, this is acceptable as long as the payout flow is reliable. For others, especially those who want the feel of live order flow, it is an important consideration to keep in mind.
Who Does OneFunded Suit?
The biggest takeaway from our research is that OneFunded is a modern-day prop firm that, unlike traditional firms, seeks to reach all types of traders. However, there is a huge ‘if’, which is that the trader must be ready in terms of skill and experience.
In the final analysis, OneFunded is a better fit for traders who have already gone through the process of building and testing a strategy on their own capital or on demo accounts, and who now feel constrained by the size of their balance rather than by lack of ideas. Put simply, if you know how your approach behaves across different volatility regimes, are used to working within strict drawdown limits, and are comfortable managing risk with low leverage, then the structure OneFunded offers will likely feel familiar.
So, if this sounds like the option you can opt for, you can review OneFunded’s current challenge terms directly at onefunded.com before committing to a plan.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.