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Prop Number One Review

Pros

  • Outstanding 4.7/5 Trustpilot rating
  • Dashboard for Professional Traders
  • Numerous Add-on Features
  • A Wide Range of Trading Tools (Cryptocurrencies, Commodities, Indices, and Forex Pairs)
  • Use leverage until 1:50
  • There is no minimum trading day requirement or maximum trading period during phase one, andย 
  • The first payout occurs 21 days after funding (after 7 days with add-on).
  • Future Payouts Every 21 Days (With Add-on, Every 7 Days)
  • Profit Split of 100% of Monthly Salary (If Specific Requirements Are Met)
  • News Trading Allowed Balance-based Drawdown Allowed Overnight & Weekend Holding

Cons

  • Three days are the minimum profitable day requirement
  • For phase two of the costly add-on features.


Prop Number One
ย allows you to turn your trading dreams into a reality by providing virtual capital. This method removes the need to risk your savings, which are frequently required to be deposited into a broker’s account when using standard trading methods. With the ability to manage account sizes up to $300,000 and receive profit splits of up to 100%, traders have the chance to make significant earnings. Trading a variety of financial assets, such as commodities, indices, FX pairings, and cryptocurrencies, can help achieve this.

Prop-Number-One-Homepage

Who is Prop Number One?

Prop Number Oneย is a proprietary trading company that was established on June 10, 2024, under the legal name Edu Technologies-FZCO. CEO Luca Cerullo is in charge of them, and they are based in Prague, Czech Republic.By partnering with a tier-1 liquidity provider that offers the greatest simulated real market trading circumstances as their broker, Prop Number One gives traders the option to select between a simple two-step evaluation.

Prop Number Oneโ€™sย headquarters are located at Buildingย A1, Dubaiย Digitalย Park, Dubaiย Siliconย Oasis, Dubai, Unitedย Arabย Emirates.

Who is the CEO of Prop Number One?

Luca Cerullo is the CEO of Prop Number One. Note that we will be adding more information about their CEO in the future. Stay tuned!

Funding Program Options

Prop Number One provides its traders with a single funding program option.

Two-step Challenge

The two-step challenge in Prop Number One gives traders the chance to handle account amounts ranging from $7,000 to $300,000. Finding skilled traders who can effectively manage risk over the two-step evaluation phase and turn a profit is the goal. You can use up to 1:50 leverage when trading the Two-step Challenge.

Account SizePrice
$7,000$52
$17,000$161
$27,000$217
$50,000$327
$100,000$580
$200,000$1,097
$300,000$1,592

In the first evaluation phase, a trader must hit a 5% profit target without going over their 10% maximum loss or 5% maximum daily loss guidelines. Regarding time constraints, keep in mind that during phase one, there are no minimum or maximum trading day requirements. You only need to meet the 5% profit goal without going over the maximum daily or maximum loss limit guidelines in order to go on to phase two.

In the second evaluation phase, a trader must hit an 8% profit target without going over their 4% daily loss or 8% maximum loss limits. Regarding time constraints, keep in mind that during phase two, there are no criteria for the maximum number of trading days. To go on to funded status, though, you must have at least three profitable trading days.

You are given a funded account with no minimum withdrawal requirements after passing both evaluation stages. Only the 4% daily loss cap and the 8% maximum loss cap must be adhered to. All withdrawals can be made every 21 calendar days, but your first payout occurs 21 days after the day you place your first position on your funded account. Based on the profit you produce on your funded account, you will receive a 100% profit share. You also have the option to be eligible for a monthly paycheck.

Add-ons for Prop Number Oneโ€™s Two-step Challenge

  • Aggressive Trading โ€“ Increases maximum daily loss limit to 5% and maximum loss limit to 10% during phase two and once funded. However, it also increases the profit target in phase two to 10%.
  • Double Challenge โ€“ Once you become successfully funded, you will receive a second challenge of the same size for free.
  • Fast Withdrawals โ€“ Reduces the payout cycle to every 7 calendar days.

Two-step Challenge Scaling Plan

The Two-step Challenge doesnโ€™t have a scaling plan.

Two-step Challenge Trading Rules & Objectives

  • Profit Targetย โ€“ Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 5%, whereas Phase 2 requires reaching a profit target of 8%. Funded accounts do not have any specified profit targets.
  • Maximum Daily Lossย โ€“ The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 5% in phase one and 4% in phase two and once funded.
  • Maximum Lossย โ€“ The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 10% in phase one and 8% in phase two and once funded.
  • Minimum Profitable Trading Daysย โ€“ The minimum profitable trading day requirement you must meet before you can successfully conclude an evaluation phase. Evaluation phase 2 has a 3 minimum profitable trading day requirement.
  • Average Trade Durationย โ€“ Traders are required to hold their trades before closing them for an average duration of 1 minute.

Monthly Salary

Prop Number One offers a monthly salary to its top-performing traders, provided they meet specific performance criteria:

  • After achieving funded status, you must consistently achieve at least 3% profit on your account for two consecutive months to qualify for the salary.
  • Once qualified, you will receive the salary in any month where you again achieve at least 3% profit.

Example:

  • Month 1: 4% profit. (Met the 3% monthly requirement)
  • Month 2: 5% profit. (Met the 3% monthly requirement)
  • Month 3: 3% profit (Met the 3% monthly requirement)

You successfully meet the criteria, resulting in you receiving the salary.

Account SizeMonthly Salary
$7,000$70
$17,000$170
$27,000$270
$50,000$500
$100,000$1,000
$200,000$2,000
$300,000$3,000

What Makes Prop Number One Different From Other Prop Firms?

Prop Number Oneย differs from mostย industry-leading prop firmsย because it provides a two-step examination and a single account type. Additionally, they offer many beneficial features, including an unlimited trading period, no minimum trading day requirements during phase one and after funding, virtually unrestricted trading rules, a large number of add-on feature options, a 100% profit split, and the opportunity to be eligible for an additional monthly salary.

Prop Number Oneโ€™sย Before traders are eligible for payments, they must successfully complete two phases of the Two-step Challenge examination. With a 5% daily maximum and 10% maximum loss rule in phase one and a 4% maximum daily and 8% maximum loss rule in phase two, once funded, the profit target is 5% in phase one and 8% in phase two. During either assessment phase, you are also not subject to any maximum trading day requirements. Furthermore, during phase one, there are no minimum trading day limitations. Nevertheless, you must make at least three lucrative days in phase two. Note that there is no scaling strategy for the Two-step Challenge. The Two-step Challenge stands out from other industry funding programs primarily because it offers an unlimited trading period, no minimum trading day requirements during phase one and after funding, relaxed trading rules with virtually no restrictions, a large number of add-on feature options, a 100% profit split, and the opportunity to be eligible for an additional monthly salary.

Example of comparison betweenย Prop Number Oneย &ย Funding Pips

Trading ObjectivesProp Number OneFunding Pips
Phase 1 Profit Target5%8%
Phase 2 Profit Target8%5%
Maximum Daily LossPhase 1: 5%
Phase 2 & Once Funded: 4%
5% (Scaleable up to 7%)
Maximum LossPhase 1: 10%
Phase 2 & Once Funded: 8%
10% (Scaleable up to 14%)
Minimum Trading DaysPhase 1: No Minimum Trading Days
Phase 2: 3 Profitable Days
3 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split100% + Monthly Salary60% up to 100% + Monthly Salary

Example of comparison betweenย Prop Number Oneย &ย E8 Markets

Trading ObjectivesProp Number OneE8 Markets
Phase 1 Profit Target5%8%
Phase 2 Profit Target8%4%
Maximum Daily LossPhase 1: 5%
Phase 2 & Once Funded: 4%
4%
Maximum LossPhase 1: 10%
Phase 2 & Once Funded: 8%
8% (Scaleable up to 14%)
Minimum Trading DaysPhase 1: No Minimum Trading Days
Phase 2: 3 Profitable Days
No Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split100% + Monthly Salary80%

Example of comparison betweenย Prop Number Oneย &ย FXIFY

Trading ObjectivesProp Number OneFXIFY
Phase 1 Profit Target5%10%
Phase 2 Profit Target8%5%
Maximum Daily LossPhase 1: 5%
Phase 2 & Once Funded: 4%
5%
Maximum LossPhase 1: 10%
Phase 2 & Once Funded: 8%
10%
Minimum Trading DaysPhase 1: No Minimum Trading Days
Phase 2: 3 Profitable Days
5 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split100% + Monthly Salary75% up to 90%

In conclusion,ย Prop Number Oneย differs from otherย industry-leading prop firmsย by providing a two-step assessment and a single account type. Additionally, they offer many beneficial features, including an unlimited trading period, no minimum trading day requirements during phase one and after funding, virtually unrestricted trading rules, a large number of add-on feature options, a 100% profit split, and the opportunity to be eligible for an additional monthly salary.

Is Getting Prop Number One Capital Realistic?

When looking at proprietary trading companies that fit your forex trading style, it’s critical to assess how achievable the trading needs are. If a business demands large monthly earnings with low maximum drawdown percentages, it becomes less feasible and less likely to succeed, even though it may seem appealing with a high % profit share on a generously funded account. It’s also important to look at time limits; an unlimited trading period is better because it removes the pressure that comes with time constraints. In order to reduce the possibility of inadvertently breaking the terms of your trading account, it is crucial that you familiarize yourself with all trading regulations both during the evaluation phase and the ensuing financing phases.

  • Its average profit targets (5% in phase one and 8% in phase two) and average maximum loss rules (5% maximum daily and 10% maximum loss in phase one and 4% maximum daily and 8% maximum loss in phase two and once funded) make it feasible to obtain capital from the Two-step Challenge. While phase one has no minimum trading day criteria and phase two has a minimum profitable trading day requirement of three calendar days, it is crucial to remember that there are no maximum trading day requirements for either assessment phase. Additionally, participants who successfully complete all assessment rounds are eligible for rewards with a favorable 100% profit split.

Taking everything into account, Prop Number One comes highly recommended because it offers a single financing program with realistic trading objectives and requirements for payment eligibility.

Payment Proof

Prop Number Oneย is a proprietary trading firm that was incorporated on the 10th of June, 2024. They have a community of traders who have reached funded status and successfully qualified for a profit split.

After 21 calendar days of working with Prop Number One and completing the Two-step Challenge to gain funded status, you will be qualified to get your first dividend. However, if you surpass the initial account amount every 21 calendar days after your initial payout, you will also be eligible for rewards. Remember that you will be eligible for weekly payouts if you select the Fast Withdrawals add-on. Depending on the profit you have made on your funded account, you will receive a hefty 100% profit split. You will also have the opportunity to be eligible for a monthly paycheck.

When it comes toย Prop Number Oneย payment proof, you can find it on numerous websites. One example isย Trustpilot, where their traders share their thoughts about their time working for the company and the successful payout process they went through. For Prop Number One, an additional source of payment evidence is theirย Discordย channel, where you can find payout certificates of the most successful traders.

Examples of Payout Certificates and Payment Proof can be seen in the images below.

Prop-Number-One-Payment-Proof-1-1
Prop-Number-One-Payment-Proof-2-1

Which Broker Does Prop Number One Use?

Prop Number Oneย doesn’t use any of the popular broker brands for trading. With the greatest simulated real market trading circumstances, they have collaborated with a tier-1 liquidity provider.

As for trading platforms, while you are working withย Prop Number One, they allow you to trade onย MetaTrader 5,ย MetaTrader 4,ย cTrader,ย DXtrade, orย Match-Trader.

Trading Instruments

You can trade a variety of trading instruments, such as forex pairs, commodities, indices, and cryptocurrencies, with leverage of up to 1:50, depending on the trading instrument you are trading, thanks to Prop Number One’s partnership with a tier-1 liquidity provider that offers the best simulated real market trading conditions.

Forex Pairs

EUR/USDEUR/GBPGBP/USDEUR/CADEUR/NOKEUR/SEK
EUR/SGDGBP/CADUSD/CADUSD/CNHUSD/MXNUSD/NOK
USD/SEKUSD/SGDUSD/ZAREUR/CHFEUR/JPYGBP/CHF
GBP/JPYUSD/CHFUSD/JPYCAD/CHFCAD/JPYNZD/CHF
NZD/JPYAUD/CHFAUD/JPYCHF/JPYAUD/NZDAUD/CAD
AUD/USDEUR/AUDEUR/NZDGBP/NZDGBP/AUDNZD/USD
NZD/CAD

Commodities

GOLDSILVERBRENTCRUDE

Indices

US500NAS100US30GER40FRA40
UK100SPA35EU50JPN225

Cryptocurrencies

BTC/USDBCH/USDETH/USDLTC/USD

Trading Fees

Trading Commission

Trading InstrumentCommission Fee
FOREX5 USD / LOT
COMMODITIES5 USD / LOT
INDICES5 USD / LOT
CRYPTO5 USD / LOT

Spread Account

PlatformServerLogin NumberPasswordDownload Platform
MetaTrader 5InterTrader-Server510777n6Q(eGe#2Click here
MetaTrader 4InterTrader-Demo87717n6Q(eGe#2Click here
cTraderโ€“[email protected]n6Q(eGe#2Click here
DXtradeโ€“pno_C12046n6Q(eGe#2Click here
Match-Traderโ€“[email protected]n6Q(eGe#2Click here
To check the live spreads, log in to the trading account below.

Education

Prop Number Oneย currently doesnโ€™t provide any additional educational content to their community.

All clients, however, have access to a well-designed trader dashboard through Prop Number One, which simplifies risk management by providing continuous access to comprehensive statistics and goals. This guarantees real-time updates, which enhances the user experience.

Trading Dashboard

Prop-Number-One-Trading-Dashboard-1
Prop-Number-One-Trading-Dashboard-2

Trustpilot Feedback

Prop Number One has gathered an excellent score on Trustpilot based on their communityโ€™s feedback.

Prop-Number-One-Trustpilot-Rating

Onย Trustpilot,ย Prop Number Oneย features comments and positive feedback on their company’s services from a range of community members. Out of 39 reviews, the company has received an amazing rating of 4.7 out of 5. Remarkably, Prop Number One has received the highest rating of five stars in 97% of these evaluations.

Prop-Number-One-Trustpilot-Comment-1

Due to its reasonable profit distributions and the fact that it allows trading during news events, unlike some companies that impose restrictions, the client chose to try Prop Number One after finding it through multiple recommendations in YouTube videos. They expressed great satisfaction with their experience, stating that they were able to begin trading on MT4 in a matter of minutes and that everything was explained in detail. The customer experienced a seamless and satisfying experience overall.

Prop-Number-One-Trustpilot-Comment-2

In contrast, the second client, a seasoned trader who is acquainted with prop firms, has expressed great satisfaction with Prop Number One. They were immediately delighted by the great advantages, which included a 100% profit sharing, and the simple instructions. The client praised Prop Number One as an excellent option for traders looking for capital because it was transparent and had no hidden rules.

Social Media Statistics

Instagram21 Followers
YouTube29 Subscribers
Twitter18 Followers
Telegram138 Members
Discord192 Members
Prop Number Oneย can also be found on numerous social media platforms.

Customer Support

Live Chatโœ…
Email[email protected]
DiscordDiscord Link
TelegramTelegram Link
FAQFAQ Link
Supported LanguagesEnglish, Italian, Spanish

Account Opening Process

  • Registration Formย โ€“ Log in to the trading dashboard after completing the registration form with your personal information to become a member of Prop Number One.
Prop-Number-One-Registration-Form
  • Choose Your Accountย โ€“ Select the trading platform, add-on features, and account size.
Prop-Number-One-Choose-Your-Account-1
  • Choose Your Payment Methodย โ€“ Payment options include bank transfer, Skrill, PayPal, AstroPay, credit/debit card, and cryptocurrency.
Prop-Number-One-Choose-Your-Payment-Method

Conclusion

In conclusion,ย Prop Number Oneย is a well-known and reliable proprietary trading company that gives traders the option to select one funding program, the Two-step Challenge, which is a two-step assessment.

Before being qualified to manage a funded account and get profit shares ranging from 80% to 100%, Prop Number One’s Two-step Challenge, an industry-standard two-step evaluation, must be completed. To be effectively funded, traders need to meet profit goals of 5% in phase one and 8% in phase two. Given that you must adhere to a 5% daily maximum and a 10% maximum loss rule in phase one and a 4% daily maximum and an 8% maximum loss rule in phase two and after funding, these trading goals are reasonable. In terms of time constraints, neither evaluation phase has a maximum number of trading days required. On the other hand, you don’t have any minimum trading day requirements in phase one, and after funding, but during phase two, you must meet the minimum profitable trading day requirement of 3 days. Finally, itโ€™s essential to note that the Two-step Challenge doesnโ€™t feature a scaling plan.

I would suggest Prop Number One to anyone looking for a respectable proprietary trading company that offers outstanding trading circumstances to a wide variety of people with different trading preferences. They offer traders special benefits like an indefinite trading period, no minimum trading day requirements in phase one and after funding, virtually unrestricted trading rules, a large number of add-on feature options, a 100% profit split, and the chance to earn an extra monthly salary. Taking into account all that Prop Number One has to offer traders worldwide, it is clear that they are a popular option in the prop trading sector.

What are your individual opinions on Prop Number One and the services they offer?
Do they align with the trading conditions and services youโ€™ve been seeking?

Let us know if you enjoyed our detailed Prop Number One review by commenting below!


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