Spotware Brings cTrader Platform to The UK Prop Firm OneFunded
Spotware has signed a technology agreement with OneFunded, giving the UK prop firm's clients access to the cTrader platform across web, desktop and mobile applications.
The deal lets OneFunded's traders use cTrader's execution infrastructure while the firm manages evaluation programs through Spotware's administrative backend. OneFunded operates a capital allocation model where traders can access between $2,000 and $100,000 in funding after passing assessment challenges.Yiota Hadjilouka, Chief Operating Officer, at Spotware, Source: LinkedIn
Yiota Hadjilouka, Spotware's Chief Operating Officer, said the partnership "reflects Spotware's continued commitment to supporting the prop trading sector with reliable, transparent technology."
Account Management Gets Automated Backend
OneFunded will run its trader assessments through cTrader Admin, Spotware's broker-facing management suite. The system handles rule enforcement and evaluation tracking without manual oversight, according to the companies.
The platform integration includes tools for running branded trading competitions, which OneFunded plans to use for attracting new participants. Spotware has been adding prop trading firms to its client roster as the funded trader sector grows, competing with MetaQuotes' MetaTrader platforms and other trading technology providers.
The statement also mentions “trial accounts,” which most likely refers to the demo account service Spotware introduced this week for prop firms. The service is already being used by companies such as FTMO and Instant Funding. It allows traders to test challenges using virtual funds, while prop firms gain a new form of lead conversion, similar to what the FX and CFD industries once employed.
Profit Splits Reach 90% for Passing Traders
Anastasia Kaplunenko, OneFunded's CEO
OneFunded's business model offers profit splits reaching 90% for traders who meet performance targets. The firm charges upfront fees for evaluation challenges but refunds them to participants who pass and receive funding. Traders can adjust payout timing and profit split percentages through add-on purchases.
"At OneFunded, traders come first - we prioritize their needs and constantly work to enhance their trading experience," said Anastasia Kaplunenko, OneFunded's CEO. "With cTrader, OneFunded traders gain access to one of the most advanced and transparent platforms on the market."
The proprietary trading industry has grown as retail traders seek access to larger capital pools without personal financial risk. Firms like OneFunded collect fees from evaluation participants while paying out portions of trading profits to those who pass performance benchmarks.
In May, Voyage Markets entered into a partnership with Spotware to become a white-label reseller of the cTrader platform. The collaboration aims to offer prop trading firms an integrated solution combining trading infrastructure and risk management tools.