Review OFP – One Prop Firms (2024)

“OFP Founding: Empowering Traders with Proprietary Trading Opportunities”

“Unlock Immediate Funding: The World’s Premier Program – No Challenges, No Profit Targets, Direct Funding Guaranteed”

The Overview Funding Program (OFP) was instituted in February 2022 as an alternative to conventional proprietary trading firms that implement challenges, verifications, and profit targets, often diverting traders from their strategies and comfort zones. Our fundamental belief is that trading is inherently challenging without unnecessary obstacles. In an effort to revolutionize the industry, OFP introduced a distinctive offering of immediate funding devoid of challenges or verifications, presenting diverse account options ranging from 5k to 100k in five different currencies. Furthermore, our dynamic community distinguishes us from other proprietary firms in the industry.

Operational both online and offline, OFP caters to traders lacking capital but determined to attain financial stability and success through dedicated efforts. We aid them in avoiding common beginner mistakes, such as overleveraging and overtrading, by providing substantial initial capital and an industry-leading payout rate. Active engagement with our community is a priority, facilitated through closely monitored Discord chat, multiple support channels, and weekly content across social media. By actively listening to our traders and considering their suggestions, we ensure they feel valued and heard. Our team of professional traders, also serving as managers, readily connects with OFP clients, providing prompt responses to queries and addressing concerns. The unwavering dedication of our exceptional team is evident in consistently improving reviews.

As a company, we consistently strive for innovation and enhancement of our offerings. Aligned with our commitment to empowering traders in achieving financial independence, we are introducing several unprecedented features in prop trading. On the product side, we explore the provision of accounts with payout rates surpassing those of our competitors and scaling accounts up to £5 million. On the support front, we not only provide comprehensive FAQ answers but also expand the collection of successful trader interviews and introduce FAQ video answers to foster learning and enhance traders’ proficiency.

Distinguishing ourselves from other prop trading firms in the market, OFP maintains a close association with our educational division, OverviewFX. Catering to individuals seeking both trading opportunities and comprehensive education, OverviewFX offers a range of courses tailored for beginner and professional traders alike.

In essence, OFP aims to be a catalyst for change in the prop trading market, shifting the focus from the company to the growth and well-being of our community. If you resonate with our vision of attaining financial independence and success, we extend a warm invitation to join OFP, where we are committed to supporting your journey.

Overview Funding Program (OFP) is a division of OverviewFX LTD, a legally recognized company based in London, UK. Our legal headquarters are located at 71-75 Shelton Street, Covent Garden, London, U.K. Company No. 13699305.

OFP Team The Overview team comprises a small yet highly organized group of individuals who demonstrate trustworthiness and maintain excellent communication throughout the company.

The founders of Overview, Ruggero Catalano Rossi Danielli, and Marcello Chiesa, are driven and visionary entrepreneurs. Despite their youth, they have successfully established a thriving community, employing over 20 employees and serving numerous customers. Their journey began during their university years when Marcello’s exceptional computer skills enabled the creation of the software that would eventually lead to the development of OFP. Meanwhile, Ruggero, drawing upon his expertise and experience in the trading industry, spearheaded the formation of this robust community with the noble goal of assisting as many aspiring traders as possible in achieving financial independence.

In just a few years, both Ruggero and Marcello have steadily nurtured the growth of OFP, expanding their team and tirelessly working towards the global education and empowerment of individuals interested in trading.

OFP offers four different funding options:

• 26% instant funding
• 40% instant funding
• 60% instant funding
• 80% instant funding

he Overview Funding Program has been crafted to acknowledge and reward traders for their commitment while assessing their trading proficiency through a demo account. This initiative provides varying account sizes, ranging from $5,000 to $100,000, with payouts disbursed on a weekly or monthly basis. It is imperative to emphasize that all accounts facilitated by the Overview Funding Program strictly adhere to a uniform set of trading regulations.

5% Daily Drawdown

Ensure that both your equity and balance consistently remain above the daily maximum balance, minus the account margin. The account margin is fixed at 5% of your initial deposit balance. Each day’s calculation commences at midnight GMT +0. Non-compliance with this guideline will lead to the automatic closure of your account.

10% Total Drawdown

The account must sustain a minimum of 10% of the initial balance in both equity and balance at all times. For instance, in a $100,000 account, neither equity nor balance should drop to or below $90,000. Failure to meet this stipulation will result in the account’s closure.

Trader Value Rule A single trading day’s performance cannot contribute more than 25% to the total Profit and Loss (PnL) derived from the most recent payout or account deposit. Should the account’s daily performance reach or surpass 25%, the payout will be deferred until the next scheduled review date and will be factored into the subsequent payout. The performance score resets upon processing a payout. It is crucial to note that a high inconsistency score will not lead to the closure of the account.

Scaling Plan

If, at the conclusion of the initial three months, your gain is +20%, you will receive a 25% increase on your initial deposit.

The Overview Funding Program (OFP) model has become an increasingly attractive option for traders seeking autonomy and control over their funds, enabling them to initiate trading in accordance with their preferences. This approach furnishes traders with the essential capital to promptly commence trading, presenting a streamlined, transparent, and expeditious path to embark on their trading journey.

Recognized as a leading proprietary firm in the industry, the Overview Funding Program was established to acknowledge traders’ enthusiasm and assess their evolving skills through the utilization of a sample account. These accounts range in size from $5,000 to $100,000, with disbursem*nts occurring on either a weekly or monthly basis. It is noteworthy that the OFP does not involve any monthly costs. Traders are granted the privilege of utilizing their accounts indefinitely or until a violation is incurred, with compliance ensured through three straightforward rules:

1. Avoid exceeding a 5% daily loss or surpassing a maximum loss threshold of 10%, refraining from engaging in gambling behaviors.
2. Engage in trading activities for a minimum of three days per week.

Upon acquiring an account, traders receive a lifelong tenure for each standard model account, entailing a profit split of 25%. This means that traders can continue to trade using their Overview Funding Program account throughout their entire trading career, benefiting from the associated advantages indefinitely.

Robust Risk Management OFP Funding places significant emphasis on risk management, providing traders with access to advanced risk management tools to effectively mitigate trading risks. This includes access to a risk management dashboard that offers real-time risk analysis and alerts traders to potential risks in their trading activities.

Comprehensive Support and Training OFP Funding extends comprehensive support and training to its traders, offering access to a team of experienced trading coaches who can assist in enhancing their trading skills and refining their trading strategies. Additionally, a wealth of training materials, such as webinars, videos, and e-books, are provided to aid traders in improving their knowledge and skills.

Cost-Effective Fees An appealing aspect of OFP Funding is its cost-effectiveness, charging traders a modest monthly fee for accessing its funding and support services. This fee significantly undercuts the charges imposed by other trading platforms, making it an enticing choice for traders seeking to minimize their trading expenses.

Fidelity Program:

The Fidelity program enables traders to accrue points through various actions and eligible dollar expenditures on their accounts. In the context of our inclusive community at OFP, we appreciate and reward individuals for their contributions and association with our platform. Unlike generic acknowledgments found elsewhere, we aim to express genuine gratitude by offering redeemable points for activities like sharing positive feedback.

How it operates: For every accomplished action, you earn Fidelity Points:

• Spend $1 = Earn 1 point
• Upload a video review on YouTube = Earn up to 1,000 points
• Follow OFP on Twitter = Earn 100 points
• Follow OFP on Facebook = Earn 100 points
• Share your payout in Facebook groups = Earn 200 points
• Subscribe to our mailing list = Earn 150 points
• Share your payout on Discord = Earn 400 points

When redeeming, 40 points equate to a $1 discount.

Affiliate Program:

The OFP affiliate program features two referral schemes: revenue share and the CPA model. Affiliates can earn up to 15% commission through the revenue share program or up to $40 per referred depositor with the CPA model. This flexibility allows affiliates to choose the model that best aligns with their preferences. We value our affiliates for their impactful contributions, recognizing that word-of-mouth and content creation significantly enhance our visibility.

How it functions: Utilize provided content or create your own, disseminating it through various channels. Commissions are disbursed on the 15th of each month, requiring a minimum of 2 sales totaling at least £50 to qualify for payment.

Brand Ambassador Opportunity:

The role of a brand ambassador within the OFP family is pivotal. Beyond attracting new clients, ambassadors enjoy benefits such as complimentary event access, an Administrative role in our Discord community, and potential access to up to $300k in OFP funds annually. Ambassadors play a crucial role in fostering brand loyalty and visibility through various activities, including daily social media promotion, active participation in the Discord community, weekly YouTube channel promotion, podcast interviews, and offline event attendance.

Responsibilities:

• Daily social media promotion
• Active participation in the Discord community
• Weekly YouTube channel promotion
• Willingness to be interviewed for podcast creation
• Availability to attend offline events

Benefits:

• A monthly $25k OFP account, totaling $300k annually
• 10% commission for each referral through an affiliation link
• Invitations to speak at OFP events worldwide
• No limitations on referral earnings or trading payouts
• Possibility of assuming an Admin role in the Discord community

Requirements:

• Substantial social media following
• A sizable trading community
• Genuine dedication and passion for the role and the brand.

At OFP, we prioritize the feedback and testimonials from our clients over self-promotion. We invite you to explore the experiences shared by our clients, underscoring our position as the leading proprietary trading firm. Our pride lies in consistently delivering on promises and upholding the highest standards in the market. Distinguishing ourselves through the fastest payouts and exceptional customer service, we are pleased that over 95% of our clients express satisfaction, a testament to our unwavering commitment to their success.

Recognizing the significance of amplifying our clients’ voices, we encourage you to peruse a multitude of testimonials on various social media platforms. Covering diverse topics such as customer service and payouts, these testimonials provide a comprehensive overview of the positive experiences shared by our clients.

OFP Funding proudly boasts industry-leading payout rates and success ratios. This translates to a higher likelihood of success for traders on our platform compared to alternatives. This advantage results from our commitment to providing traders with a greater percentage of the profits they generate, surpassing the offerings of other platforms.

OFP Funding has established partnerships with EC Markets and BlueBerry Markets, both reputable brokers distinguished by specific regulatory adherence. This unique collaboration ensures that every prospective trader, based on individual preferences, is seamlessly connected to both brokers through either MT4 or MT5.

In the realm of brokerage selection, investors understand the paramount significance of aligning with the right firm to realize their financial goals. EC Markets is steadfast in aiding traders on their path to success, providing an exceptional trading environment.

At EC Markets,

we facilitate the trading of over-the-counter derivatives across diverse global financial markets. Our offering spans multiple Contract for Difference (CFD) markets, encompassing Forex, Indices, and Commodities, available for trading 24 hours a day, five days a week (24/5). Our advanced trading platform is meticulously designed to optimize the trading experience, ensuring swift and secure execution on various devices such as mobiles, tablets, or desktops. This platform guarantees that no trading opportunities are missed, providing professionals with a unique and exclusive trading experience across multiple asset classes.

Blueberry Markets

places a primary focus on prioritizing traders’ needs and interests. As a licensed broker under the Vanuatu Financial Services Commission (VFSC), we are committed to delivering an exceptional trading experience globally. Our dedication is reflected in the provision of a superior trading platform, highly competitive spreads, and unwavering 24/7 support.

Established in 2016 by Dean Hyde, Blueberry Markets was founded with the vision of introducing a Forex brand excelling in low spreads and exceptional client service. Today, boasting a thriving community of over 30,000 traders, we have been recognized as a finalist for Best Online Customer Service in Australia by Finder, underscoring our commitment to delivering top-notch service to valued clients.

Regarding trading instruments, OFP provides the opportunity to trade a diverse range of instruments, including Forex, Raw Material, Index, Metals, Bonds, and Crypto.

OFP delivers extensive educational materials and guidance throughout the entire trading process, empowering aspiring traders to effectively pursue their objectives. These resources encompass diverse tools and instructional methodologies, including personalized one-on-one lessons. The support provided by OFP is easily accessible, user-friendly, and highly comprehensible.

Commencing with their website, traders can readily seek clarification by posing questions and receiving prompt responses. Additionally, the FAQ section addresses a broad spectrum of commonly asked questions pertaining to each facet of the program. To stay abreast of the latest developments in the financial realm, individuals also have the option to subscribe to the OFP newsletter. The website also features a Blog section, providing daily news updates to keep users informed.