OnlyFunds Reviews 148

Another payout declined and account suspended with another BS excuse. AVOID THIS COMPANY AT ALL COSTS.
SCAM
SCAM
SCAM
SCAM

PAYOUT DENIED
STAY AWAY FROM THIS PROPFIRM. ALL REVIEWS ARE FAKE.
MY FRIEND AND I GOT DENIED ON OUR PAYOUT. IREGRET I ASK HIM TO JOIN ME.
THEY SAY THEY ALLOWED MARTINGALE ON FAQ SECTION BUT THEY DENIED MY FRIEND SAYING MY LOTS ARE INCONSISTENT. THEY ARE JUST FINDING EXCUSE TO NOT PAY. HE IS USING HIS OWN MADE BOT WHICH THEY SAY, THEY ALLOW EA.
AS FOR ME, I GOT DENIED DUE A PROFIT RULE. I INVESTIGATED AND FOUND OUT THAT THEY WERE PURPOSELY MOVED TO A DATE SO THAT I BREACH THE DAILY PROFIT RULE. I HAVE SCREENSHOTS OF MT4 TRADE VS ON THEIR PORTAL.

These guys refuse to pay. I didn't break any rules. They just say that my strategy doesn't suit them because I could ruin their business. How stupid.
Give my money back, scammers
scammers,scammers
scammers
scammers
scammers
scammers

Scam Company since taken over by PTT. Second payout on this account denied for no reason.

Unfortunately, your withdrawal request for account number 88920366 has been declined.

Please check your email for an additional email, there could be an inconsistency that requires your attention.
Reason for decline:

Kind Regards,
OnlyFunds

SCAMMERS DONT WASTE YOUR TIME OR MONEY HERE

I've been with OnlyFunds for a few weeks and just got my first payout. The process was straightforward and support was very responsive. Looking forward to more successful trades with OF.

Only funds is the actually one of the best propfirm, you will know very soon 😍, I hardly pass the challenge account on other firm, but this, I passed the ml5. It did magic🤗.

OnlyFunds has exceeded my expectations. My first withdrawal was processed within 48 hours, and the support team was quick to resolve any issues. Excited to continue trading and growing my account.

The company started in March and was amazing - I had 6x 100k accounts and all were being paid out since I followed the rules. Few months later, PTT take over and no payouts are being made and my accounts all terminated for IP breahces..absolute laugh. I am certain any 5 star reviews for this company are all fake..theres no ways you can 5 star a company that dont pay you. Writing is on the wall, goodbye PTT. You are messing with real, hard-working people.

They sent me this messages. company scam are scammers will soon disappear.

Following a comprehensive review of your trading strategy and its potential impact on our risk management, we find ourselves unable to continue supporting your current trading approach. The inherent risk associated with your strategy poses challenges to the overall financial stability of our firm.

While we appreciate the diversity of trading strategies among our clients, we must uphold a risk profile that aligns with the long-term sustainability of our business. Unfortunately, your trading strategy falls outside the risk parameters that we can accommodate.

As a result, we have made the difficult decision to close your trading account with us, effective immediately. This decision is not a reflection of your trading abilities but is solely based on the risk assessment and financial considerations of our firm.

They are scammers. stay away report these criminals.

Rubbish company with trash prices and they don't payout. Everyone I know that has tried them out none of them got paid out and got denied by stupid reasons. They didn't even give me a reason, just basically not good enough for them apparently lol.. The discord payout page says "Follow the rules, get paid. Simple as that". Absolute scam because I followed all the rules, all the consistency rules, kept under the drawdown limits the entire month as well as being well into the positives for cash out. Stay away from this scum company please, save your time and money.

OF is reliable! I received my first payout in 48 hours. The process is smooth and the team is helpful.

It's a shame some companies just won't quit taking people's hard-earned money. They deleted my last review after promising a 13k refund only to demand a 15% removal fee upfront. Protect yourselves out there and thank goodness for companies like echelonis elitus who never fail on payments.

If I could give a 0 star I would! I had 2 accounts with only funds, okay at the start, I received 1 pay out on my first account so I bought another. Management then left, Onlyfunds have been fully taken over by PTT who run the back end of Onlyfunds and many many other prop firms, PTT is in the same building as Eightcap. Since then many many people have been breached for ip rules. I submitted for pay out of under 2k only to be told that I have breached there make believe rules, saying I have breached because of an ip rule, which is utter rubbish and as I told support I use a VPS and traders connect to copy over from my master demo to which they said that was fine. I told them all this and still they breached my account even though they paid my first pay out, makes complete sense right? They are completely refusing to pay me out what I have earned and suspended my account. SO IN SHORT THIS FIRM IS RAN BY PTT WHO RUN MANY OTHER PROP FIRMS BEHIND THE SCENES, DO NOT BUY AN ACCOUNT WITH ONLYFUNDS OR ANY PROP FIRM PTT HAS ANY BUSINESS WITH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

WATCH OUT! Declining every single payout even with CLEAR evidence of them being in the wrong. They sent me my so called "copied trades" pdf and I'm assuming they didn't even look at the pdf because the trades "copied" weren't even close in price. They keep accepting purchasing customers knowing they won't pay you. Stay away.

Trust all the 1 star reviews. Company under new management and they're shutting everyone's accounts down for bs reasons like ip and supposedly trading with other traders with no proof. Complete waste of money, you might as well flush your cash down the toilet. This happened as of 6.24.24. STAY AWAY.

Did not get payed out for nonsense reason, 256USD was supposed to be my payout bur got denied due to something with ip's, even though i never logged into my MT4 with any other device than my phone… Scammers

As many others i have my payout declined and account closed. After 3 successfull payouts suddenly my request is declined because. my strategy is not in line with their risk assessment;

Dear Trader,

We hope this email finds you well. We value your partnership with us, and it is with regret that we bring an important matter to your attention regarding your trading account #####.

Following a comprehensive review of your trading strategy and its potential impact on our risk management, we find ourselves unable to continue supporting your current trading approach. The inherent risk associated with your strategy poses challenges to the overall financial stability of our firm.

While we appreciate the diversity of trading strategies among our clients, we must uphold a risk profile that aligns with the long-term sustainability of our business. Unfortunately, your trading strategy falls outside the risk parameters that we can accommodate.

As a result, we have made the difficult decision to close your trading account with us, effective immediately. This decision is not a reflection of your trading abilities but is solely based on the risk assessment and financial considerations of our firm.

In line with our commitment to client satisfaction, we acknowledge the note based on what is described in the Independent Contractor Agreement – Funded Trader, clause 21)b).

Here are the key details related to the account closure:
- Closure Date: 25/06/2024.

We understand that this news may come as an unexpected development, and we apologise for any inconvenience it may cause. If you have further concerns or inquiries, please do not hesitate to contact our Customer Support team.

We appreciate your understanding in this matter and we wish you continued success in your future trading endeavours.

5-Star service under the old owners.

They left because they were under pressure to make bad decisions from the white-label company PropTradeTech (PTT) that supplied the backend and capital for payments. Decisions such as denying payouts for made-up reasons, making new rule changes that vastly differed from the originally sold service and applying these rules to trades already made. These changes were specifically made to ensure the company wouldn't have to make payments to traders.

An absolute scam, avoid this firm along with all the other PTT-run firms:
Quantec trading
Super Funded
MSolutions
Infinity Forex Funds
Mena Funding
2PipsFX
The City Traders
Invlyft
Global Forex Funds
Waka Funding
1of1
Mifunder
Tradicave
Funds For Traders
Sure Leverage
Only Funds
Pro Trade Funded
Lionheart Funding Program
Mega Funded
Next Step Funded
Pip Traders Funding
Prop Capital
Indigo Trader Funding
Prop Start
The Funded Peak
Ultra Capital
Rocket 21
Profitex

When in the time of my second withdrawal . Their evaluation teams are saying bull*hit reason that there are other traders are also taking same position as mine. They are pure scammers and they don't have liquidity providers to cover the profit and they are scamming people . Dear Traders please don't fall for this scam. You will waste your time .

Don't be fooled by all these positive reviews. Do not invest any of your money into this firm at all. You will not get paid. They are under new management and have no communication with you at all.
All the positive reviews are from the US, when for a long period of time, they didn't even offer to the US due to MetaTrader issues, yet they've had many many payouts and been with them from the start?
Don't spend a single penny with this firm.
Denied payout for 'risky trading strategy' - not sure how 2% profit over 13 trading days and max drawdown on one occasion of 0.7% is risky...
You definitely will not get a payout within 2 days.