Does OneUp Trader Have a Daily Loss Limit?
The Simple Answer
No. OneUp Trader removed the daily loss limit from both evaluation and funded accounts back in February 2023.
Below is a breakdown of how the OneUp Trader daily loss limit applies across every account type the firm offers.
Daily Loss Limit by Account Type
Breakdown by Account Type
Evaluation
There is no daily loss limit on the evaluation. OneUp removed it after trader feedback and discussions with its funding partners, on the basis that it gives you more control over how you manage your own trades.
Funded
Funded accounts are the same, no daily cap. Risk is handled by the trailing drawdown, which trails up with each new high in your account balance and stops trailing permanently once it reaches your initial account balance.
Final Comments
A daily loss limit is the rule most traders breach first, usually on a day they were already losing. Know your number before the session starts, and check it against your own platform rather than assuming the firm will stop you in time.
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FAQ
Does OneUp Trader have a daily loss limit?
No. OneUp Trader removed the daily loss limit from both evaluation and funded accounts back in February 2023.
What is the daily loss limit on a Evaluation account?
No daily loss limit. There is no daily loss limit on the evaluation. OneUp removed it after trader feedback and discussions with its funding partners, on the basis that it gives you more control over how you manage your own trades.
What is the daily loss limit on a Funded account?
No daily loss limit. Funded accounts are the same, no daily cap. Risk is handled by the trailing drawdown, which trails up with each new high in your account balance and stops trailing permanently once it reaches your initial account balance.
What happens if I hit the OneUp Trader daily loss limit?
Funded accounts are the same, no daily cap. Risk is handled by the trailing drawdown, which trails up with each new high in your account balance and stops trailing permanently once it reaches your initial account balance.
How can I track my OneUp Trader daily loss during the session?
Most futures platforms show realised and unrealised profit and loss live, and commissions usually count toward the limit. Set your own alert well before the number rather than trusting the platform to stop you at it.