Top One Trader offers trading capital of up to $5,000,000 through its 1-step and 2-step challenges and Match-Trader / TradeLocker trading platforms. Forex and Crypto trading on this prop firm comes with a profit split of up to 90%. Gold trading on cTrader platform is commission-free.
Top One Trader; Company Information
Top One Trader is a US-based prop firm providing traders with funded accounts ranging from $10,000 to $200,000. The company is not regulated by any reputable financial authority.
The Top One Trader website domain is registered on 2023-06-14 and expires on 2033-06-14, according to Who.is. Matt Morris is the Founder and CEO of Top One Trader, LLC. Key features of Top One prop firm:
- Provides initial funding of up to $200,000, scalable to $5 million;
- Offers profit splits of up to 90% for successful traders;
- An impressively fast average payout time of just 1 hour and 44 minutes;
- Provides 24/7 support to ensure clients have assistance whenever they need it;
- Integrates with popular trading platforms like TradeLocker, Match Trader, and cTrader;
- Over $1M in total payouts;
- More than $50M in trading funds for talented traders.
Top One Trader Key Specifics
Matt Morris (CEO), Clay Hodges (CTO), Todd Hodges (COO), and Brycen Coffman (CMO) are the managing team of Top One company, One of the top 30 largest prop firms.
Account currency | USD |
Minimum price | $75 |
Maximum leverage | 1:50 |
Maximum profit split | Up to 90% |
Instruments | Forex, Indices, Metals, Cryptocurrencies |
Assets | 15 Indices 2 Metals 2 Cryptocurrencies |
Evaluation steps | 1-Step, 2-Step |
Withdrawal methods | Crypto, Bank Transfer (Rise) |
Maximum fund size | $5,000,000 |
First profit target | 8% |
Max. daily loss | 5% |
Challenge time limit | Unlimited |
News trading | Allowed |
Maximum total drawdown | 10% (Static Drawdown) |
Trading platforms | Match Trader, TradeLocker, cTrader |
Commission | Variable based on the trading platform |
TrustPilot score | 4.6 |
Payout frequency | Bi-Weekly |
Established country | United States |
Why Top One Trader? (Upsides & Downsides)
100% refundable challenge fees and EquityShield protection are some of the benefits of trading with OneTop. However, to have a balanced look, we must mention the weaknesses, too.
Pros | Cons |
High initial funding (up to $200k) | 1 Step and 2 Step challenges have the same price |
Generous profit split (up to 90%) | Limited tradable assets |
Extremely fast payouts (2-hour average time) | Limited educational resources |
24/7 customer support | Low leverage options on the 1-Step challenge (1:10) |
Top One Trader Funding Plans and Pricing
TOT prop firm offers two main funding plans, 1-Step, and 2-Step, both at the same price, to suit different trader needs and experience levels.
Funded Account | Price |
$10,000 | $75 |
$25,000 | $141 |
$50,000 | $195 |
$100,000 | $381 |
At the time of writing the Top One Trader review, the firm offers 25% extra funds on each account and a 40% discount on all funding plans.
Account Opening and Verification
Getting started with Top One is a straightforward process designed to get you trading as quickly as possible. KYC verification is mandatory in order to get a funded account.
- Visit the firm’s official website at “https://toponetrader.com/”;
- Choose your preferred funded account and click “Start Now”;
- Fill out the “Billing Details” form;
- Select your desired platform;
- Pay for the challenge account;
- Complete the KYC process in your client dashboard by providing a valid ID card, proof of address (utility bill or bank statements), and a selfie.
Evaluation Steps (Rules and Conditions)
The evaluation process at Top One Trader prop firm is designed to identify skilled traders who can consistently generate profits while managing risk effectively. TopOne challenge rules:
Conditions | 1-Step | 2-Step |
Profit Split | 90% | 90% |
Profit Target | 10% | 8% / 5% |
Daily Loss Limit | 4% | 5% |
Max Drawdown | 7% (Trailing) | 10% (Static) |
Max Leverage | 1:10 | 1:50 |
Time Limit | Unlimited | Unlimited |
Weekend and EA Trading | Yes | Yes |
Top One Trader Prop Firm Promotions
The firm regularly offers promotions to attract new traders and reward existing ones. Some of TopOne’s current and past promotions include:
- Affiliate program: Earn commissions and cash bonuses for each trader you refer;
- Seasonal discounts: Reduced pricing on challenge accounts during specific periods (Current discount code: “BIRTHDAY”);
- Account Bonus: Seasonal gifts as extra funds on challenge and real accounts;
- Refunds: The evaluation fees are 100% refundable upon completing the challenge.
Financial Instruments on Top One Trader Prop Firm
The trading asset is a topic that must be discussed in all of the Top One Trader reviews. The firm offers a limited range of financial instruments for clients compared to other competitors.
- Forex: Major, minor, and exotic currency pairs;
- Indices: 15 Global stock market indices like AUS200, CHNIND, EU50, FRA40, GER30, HKIND, ITA40, JAP225, SPA35, UK100, and US100;
- Metals: Two of the most popular precious metals, including XAUUSD (Gold) and XAGUSD (Silver);
- Cryptocurrencies: Trade the giants of the crypto market, Bitcoin (BTC) and Ethereum (ETH).
Payments and Payouts on Top One Trader Prop Firm
One of Top One’s standout features is its lightning-fast payout system. The firm boasts an average payout processing time of 1hr 44min.
Payment | Credit Cards (VISA, MasterCard, American Express, Discover) |
Crypto (Coinbase Commerce) | |
Payout | Rise (Crypto, Bank Transfers) |
The payout frequency is monthly. However, you can reduce it to bi-weekly by activating an add-on during the challenge purchase. The profit split for the 1-Step Flash account is initially set to 75%, and for the 2-Step Pro is 80%. However, there is an add-on for profit split, too, which adjusts it to 90%.
Top One Trader Fees and Commissions
Top One has a transparent and straightforward fee structure that contains commissions, spreads, and swaps. Note that the fees vary based on the instrument and trading platform.
Trading Platform | Commission (per lot per side) |
Match Trader | $2.00 |
TradeLocker | $2.50 |
cTrader | $2.00 for Forex & Crypto $0.00 for Metals & Indices |
Spreads and swap rates vary based on the instrument, trading platform, and market conditions. Average spread for EUR/USD on various platforms:
Trading Solution | EUR/USD AVG. Spread |
Match Trader | 2.00 pips |
TradeLocker | 1.00 pips |
cTrader | 0.20 pips |
Does Top One Trader Provide Education for Traders?
While Top One Trader prop firm’s primary focus is on providing funded accounts, they do offer some educational resources to help traders succeed. Their main offering is the “Trading Coaching Course”, which comes with any challenge you purchase. Key features of the Trading Coaching Course:
- Winning Strategies;
- Simple and effective signals;
- Exclusive stop-loss and profit-target tactics;
- One of the top #10 trading coaches in the world;
- An Elite Mindset Training program to remove any mindset blocks.
Note that aside from limited YouTube posts, the firm doesn’t offer any other free educational resources.
Top One Trader User Satisfaction
Trust score is one of the most important topics of all the Top One Trader reviews. Based on various online ratings and trader feedback, the firm generally receives positive user ratings.
TrustPilot users praise the firm for its fast payouts, comprehensive support, and simple challenge rules and have given it a score of 4.6 out of 5.0.
Top One Trader Prop Firm Customer Support
The firm prides itself on providing comprehensive 24/7 customer support to its traders through multiple contact channels, including:
support@toponetrader.com | |
Live Chat | Accessible on the official website |
Discord |
Top One Trader on Social Media
Top One maintains an active presence on various social media platforms, using these channels to engage with traders and share valuable information.
- YouTube: https://www.youtube.com/@toponetrader
- Facebook: https://www.facebook.com/TopOneTraderOfficial
- Discord: https://discord.gg/spH96mhvvd
- Twitter: https://twitter.com/TopOneTrader
- Instagram: https://www.instagram.com/toponetrader/
Expert Suggestions
Top One Trader provides funded accounts with initial balance of up to $200K with fixed commission of up to $2.5 and spreads from 0.2 pips. The prop firm has a trust score of 4.6 on TrustPilot, and supports Crypto / Fiat payouts through Rise payment system.
