Youve been warned
Youve been warned. Yes they buy bots for positive review. This is my transcript with one of the support and how scamming this firm is. They breach my account cause of rules that wont allow you to win at all. This is how it went down.
Conversation with 1 of 1 Funding
Started on April 3, 2025 at 10:38 PM America/Los_Angeles time PDT (GMT-0700)
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10:38 PM | : so this firm doesnt allow swing trading?
10:38 PM | 1of1 Ai: 1 of 1 Funding will be back tomorrow.
10:38 PM | 1of1 Ai: Give the team a way to reach you:
10:50 PM | Mohammad from 1 of 1 Funding: Hello! Swing trading is allowed.
10:58 PM | : [Image "image.png?expires=1743754500&signature=94b7f213699a1ebb13b56c75045aab08baae1df223ff4348c57ae452fbf0875f&req=dSQiEcB%2FlYldWvMW1HO4zczcO%2BhYo9KGq519mz59Pkd%2FzFlSKcJ8oMpzPXNY%0A3HCksmEtVugBC8vGhw8%3D%0A"]
10:59 PM | : well i held my positions for 2 weeks on my other account and i am in profit. i cant even hold it on here because of daily limit due to equity which is not realize profit. so i cant swing trade
11:00 PM | Mohammad from 1 of 1 Funding: Hello! As long as you don’t violate the maximum daily loss rule, you’re allowed to swing trade.
11:13 PM |: "At the start of each 24-hour period, a snapshot of the account’s current equity is taken. The “maximum daily loss” percentage is applied to this equity value to determine the maximum allowable loss before an account fails. The failure point is the current equity minus the allowable loss amount. If account equity falls to or below this level within the 24-hour window, the challenge account is failed."
doesnt this contradict swing trading? if your basing it on equity cause it can move up $240 for a $6000 acccount and back down to $0 without a closing the trade and if daily loss limit resets everyday. how does that work then?
11:17 PM | Mohammad from 1 of 1 Funding: If your risk to reward ratio is high and your stop loss is tight, it could affect your swing trading. Please keep in mind that all prop firms have drawdown rules that you need to follow to avoid breaching your account.
11:23 PM | : yes but why is equity base and not balance base? what if a trade open for 2 weeks and it goes up 200 and its the next day it goes down 200 does that count as daily loss limit but you did not close the trade will it still count? you didnt lose any profit
11:26 PM | Mohammad from 1 of 1 Funding: The Max daily drawdown is equity based, however the Total loss is balance based.
11:35 PM | : so if im up $200 and the daily limit resets and now its using current equity and it went back to original balance the next day then thats swing trading but it violate daily loss? but that is swing trading so how does it work? really i have $0 in floating drawdown not -$200 but your rule daily loss applies and say its -200. it doesnt make sense for swing trading
11:51 PM | : ?? so how can anyone swing trade with these rules?
11:53 PM | : you would have to risk less then $5 on a $6000 account just to not violate the rules? right? is it even possible with your guys rules to profit?
12:12 AM | Mohammad from 1 of 1 Funding: That's a good idea! You may want to lower your risk to avoid breaching your account.
12:21 AM | : i know a even better idea... is to stop using this firm. this firm is not for me or for anyone who wants a actually good firm. this type of rule sounds really stupid as i am talking to another firm and they do not do equity base daily loss. i know every firm has daily limits but this has got to be the worst rules. And other firm uses balance base drawdown. this is made to make traders lose and not profit and i will not be returning to this firm again
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Exported from 1 of 1 Funding on April 4, 2025 at 12:38 AM America/Los_Angeles time PDT (GMT-0700)
April 4, 2025
Unprompted review