Prop Number One Review 2025

$300,000 virtual capital, 100 % profit split, round the clock payment (first payment), and $3,000 monthly salaries are some of the features that have led to Prop Number One to winning 3 International Awards. At the Prop Number One firm, trading capital ranges from $7,000 to $300,000.

Prop Number One Company Overview

Prop Number One, established in 2024, has swiftly carved out a niche in the competitive prop trading landscape.

Its headquarters is in the bustling financial hub of Dubai and has strategic offices in major global cities like New York, Singapore, and London. Key points about Prop Number One:

• Founded: 2024
• Headquarters: Dubai, UAE
• Additional offices: New York, Singapore, London
• Focus: Providing traders with access to substantial capital (up to $300,000)
• Unique selling point: Up to $3000 monthly salary for traders

Prop Number One Specifications

Prop Number One stands out in the prop firm industry with its array of trader-friendly features and policies. Review of Prop Number One Specifiactions:

Advantages and Disadvantages; What are the Upside & Downsides of Prop Number One?

When considering Prop Number One as your potential prop trading partner, it's crucial to weigh both its strengths and potential drawbacks:

A notable highlight of Prop Number One is its advertised profit split, which returns up to 100% of profits to the trader. While attractive, such a claim is typically viewed as a red flag in the industry due to sustainability concerns.

There is also no scaling plan, which limits long-term capital growth opportunities for successful traders.

Funding & Price on Prop Number One

We’ve reached the Funding part of Prop Number One review; the firm offers a 2-step evaluation challenge across a range of account sizes from $7,000 to $300,000. The firm does not currently offer any 1-step or instant funding models. The one-time fees are as follows:

Note: Prop Number One features a promotional discount of 9% to 10% on all its evaluation challenges.

Pricing is considered highly competitive, especially with promotional discounts that can reduce the smallest challenge fee to $47. The firm advertises a full refund of the fee upon successful completion of the challenge.

Prop Number One Sign Up; How to Register?

Joining Prop Number One begins with a streamlined process designed for traders ready to take on the evaluation challenge. You'll choose your trading environment, define your preferred capital size, and configure the platform setup before entering the funded path.

#1 Visit the Prop Firm's Official Website

Head to the official Prop Number One website, scroll down, and click "Start Trading NOW".

#2 Adjust Account Settings

Select the preferred features of your challenge program, including:

• Account size
• Trading platform
• Add-ons

Enter your email address to continue to the billing form.

#3 Fill Out the Billing Form

Provide personal information such as:

• First and last name
• Phone number
• Email address
• Country of residence
• State/province
• City
• Postal code
• Address

Verify your email address by clicking on the verification link sent to your inbox.

Purchase your challenge using one of the available payment methods, open your trading dashboard, and start evaluation.

#4 Prop Number One KYC

After completing the challenge phases, a notification will appear on your dashboard. Click "Verify Now" to access the Verification Center, or navigate to it via My Profile.

Submit one valid photo ID from the following:

• National ID
• Passport
• Driver’s License

Expired documents will be rejected, so ensure all uploads are current and valid.

After uploading documents, enter your full name and address, agree to the terms, and click "Submit".

A message will confirm that your documents are under review. The review typically takes 24–48 hours.

Prop Number One Prop Firm Challenges

This firm employs a unique one-challenge system with three distinct steps [Step 1 Junior Trader, Step 2 Senior Trader, Step 3 Top Trader], designed to thoroughly assess a trader's skills and risk management capabilities.

Prop Number One Challenges:

Discount & Bonuses

While Prop Number One doesn't offer traditional bonuses or discounts on their evaluation packages, they do provide a unique and potentially lucrative incentive for their top-performing traders called Monthly Salary Program:

• Eligible traders can earn up to 1% of their account size as a monthly salary
• Qualification based on consistent performance and adherence to risk management rules
• Salary is in addition to the 100% profit share on trading gains
• Provides a stable income stream alongside trading profits

Prop Number One Rules

At Prop Number One, VPN, VPS usage, and trading strategies must comply with strict rules, including no cross-account hedging, custom EAs, and restrictions on arbitrage trading.

• VPS should be paid with a dedicated IP and not shared;
• Hedging across accounts is prohibited;
• Expert Advisors (EAs) must be customized;
• Arbitrage trading is banned; Martingale is allowed;
• News trading is allowedduring evaluation or funded stages.

VPN Usage

Traders at Prop Number One can take advantage of VPN and VPS services, though they must follow clear guidelines to ensure security and optimal functionality.

For VPN users, it is advised to opt for a paid service instead of free ones, as free VPNs often involve multiple users sharing the same IP address. This can lead to security risks and confusion in tracking your activities.

Consistently connecting with an IP address from the same country is essential. Frequent IP switching can lead to account restrictions or security checks. VPNs from restricted countries are explicitly prohibited.

Hedging on Prop Number One

Hedging across multiple accounts is forbidden. This includes placing opposite positions on the same asset across different accounts.

While traders can hedge within the same account (i.e., buying and selling the same asset on one account), cross-account hedging will result in account termination.

Group hedging, involving multiple accounts, is also prohibited as it does not reflect proper trading methodology and aims to exploit price fluctuations rather than follow legitimate strategies.

Expert Advisors (EA)

Traders are free to use Expert Advisors (EA) and trading indicators, provided that they customize the parameters to match their unique trading style.

However, the settings must be personalized and not copied directly from other traders. The use of FIX API connections is prohibited on the cTrader platform to maintain fairness in trading.

Martingale & Arbitrage Trading on Prop Number One

Arbitrage trading is strictly banned at Prop Number One. This involves exploiting price discrepancies or time lags between different markets or platforms, which distorts market pricing and undermines the efficiency of price discovery.

Arbitrage trading creates artificial market conditions, leading to price misalignments and potentially destabilizing the market.

On the other hand, Martingale strategies are allowed. This strategy, which involves increasing the stake after a loss, is permissible as long as it is used responsibly and by the platform’s guidelines.

News Trading

News trading is not restricted during the evaluation or funded stages at Prop Number One. Traders are free to hold positions over the weekend or trade around news events.

However, it’s essential to remain cautious during major news releases, as they can lead to significant market volatility that could impact trade outcomes.

What Trading Platforms Does Prop Number One Prop Firm Support?

Prop Number One offers 3 platforms [MetaTrader 4, MetaTrader 5, cTrader], which are the most popular platforms in the industry:

MetaTrader 4 (MT4)

• Renowned for its user-friendly interface and stability
• Extensive library of technical indicators and expert advisors
• Ideal for forex and CFD trading
• Supports automated trading strategies

MetaTrader 5 (MT5)

• Enhanced version of MetaTrader 4 with additional features
• Supports a wider range of asset classes
• Advanced charting capabilities and analytical tools
• Improved backtesting functionality for strategy development

cTrader

• Modern, intuitive interface with customizable layouts
• Advanced order types and risk management tools
• Level II pricing for enhanced market depth analysis
• Supports both manual and algorithmic trading

TradingFinder has developed a wide range of MT4 and MT5 indicators that you can use for free.

Tradable Instruments

As of Prop Number One review, we found out that they offer five markets [Forex, Crypto, Indices, Metals, Energies] and 54 trading instruments. Prop Number One Firm Markets:

• Forex: Major currency pairs (e.g., EUR/USD, GBP/USD, USD/JPY), minor and exotic pairs
• Cryptocurrencies: Popular coins like Bitcoin, Ethereum, Litecoin and emerging altcoins and tokens
• Indices: Major global stock indices (e.g., S&P 500, FTSE 100, Nikkei 225)
• Metals: Precious metals like Gold and Silver in addition to industrial metals such as Copper
• Energies: Crude Oil (WTI and Brent) and Natural Gas

Prop Number One Payment Options

Prop Number One utilizes the RISE payment system and other methods for efficient and secure transactions. Prop Number One Payment Methods:

• MasterCard
• Maestro
• VISA
• PayPal
• RISE (Cryptocurrencies like Bitcoin [BTC] and Ethereum [ETH])

Note: The RISE payment supports blockchains like Solana and Ethereum.

Prop Number One Withdrawal Policy

You can request a withdrawal once every 21 days by default. If you have the Fast Withdrawal Add-on, you may request a withdrawal every 7 days.

In both cases, you must have been actively trading on at least 5 of those days within the period.

To be eligible for a payout, traders must accumulate at least $100 in profit. Traders may withdraw up to 15% of their account size per 21-day cycle. Prop Number One maximum profit withdrawal:

Any profit not withdrawn remains in the trading account and becomes eligible for withdrawal at the next 21-day cycle.

Prop Number One Commissions and Costs

Prop Number One provides RAW Spread for transactions, thus starting their spreads at 0.0 pips. Also, $5 Per Lot is paid as a commission fee.

Besides these, overnight fees will apply to positions held overnight, and their rates vary depending on the instrument and market conditions.

Education Section Overview

Prop Number One recognizes the importance of continuous learning in the trading world and offers an educational blog to support their traders' growth.

Prop Number One Blog Content:

• Market analysis and insights
• Trading strategy guides
• Risk management techniques
• Platform tutorials and tips
• Trader psychology articles

Prop Number One Trust Scores

Prop Number One has quickly established a strong reputation in the prop trading community, as evidenced by its impressive Trustpilot score of 4.8 out of 5, based on over 250 reviews.

Key factors contributing to the Prop Number One Trustpilot positive reviews:

• Transparent evaluation process with clear rules and objectives
• Responsive Customer Support
• Efficient Payout System with reliable profit distributions

Customer Support

Prop Number One offers comprehensive 24/7 customer support:

• Live Chat: Real-time assistance on the website
• Help Center: Extensive FAQ and resource database
• Email Support: For detailed inquiries
• Indoor Meeting: Option for in-person consultations
• Ticket System: For tracking and resolving complex issues

Prop Number One on Social Media

Prop Number One maintains an active presence on various social media platforms:

• Prop Number One Discord
• Instagram
• X (Twitter)
• Telegram
• YouTube
• Prop Number One Facebook

This social media engagement helps build a strong community and keeps traders informed about the latest developments.

Prop Number One Comparison Table

The table below compares Prop Number One features and services with popular prop firms:

TradingFinder Expert Suggestions

News trading, expert advisor (EA), and weekend trading are some of the features of Prop Number One. Besides these, account prices start from $47, and maximum drawdowns are 10%.

Although this prop firm supports five markets, the founders are unknown, and there are some limitations on tools and strategies such as HFT algorithms and latency arbitrage.