Prop Number One Review (10% Discount Code: FOREXPROPREVIEWS)
4.5

Prop Number One Review (10% Discount Code: FOREXPROPREVIEWS)

Prop Number One offers virtual capital, empowering you to turn your trading aspirations into a reality. By removing the need to risk your savings, it provides a safer and more accessible pathway into the trading world. They allow you to focus on honing your skills and achieving your goals without the financial burden.
Home » Prop Number One Review (10% Discount Code: FOREXPROPREVIEWS)
Pros
  • Excellent Trustpilot Rating of 4.8/5
  • Professional Trader Dashboard
  • Multiple Add-on Features
  • A Large Variety of Trading Instruments (Forex Pairs, Commodities, Indices, Cryptocurrencies)
  • Leverage up to 1:50
  • No Maximum Trading Period
  • No Minimum Trading Day Requirements During Phase One & Once Funded
  • First Payout After 21 Days (After 7 Days With Add-on)
  • Future Payouts Every 21 Days (Every 7 Days With Add-on)
  • Profit Share of 100%
  • Monthly Salary (By Meeting Certain Criteria)
  • Overnight & Weekend Holding Allowed
  • News Trading Allowed
  • Balance-based Drawdown
Cons
  • Minimum Profitable Day Requirements of 3 Days In Phase Two
  • Expensive Add-on Features

Prop Number One offers virtual capital, enabling you to transform your trading aspirations into reality. This approach eliminates the need to risk your savings, which traditional trading methods often require depositing into a broker’s account. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $300,000 and receive up to 100% profit splits. This can be accomplished through trading various financial instruments, including forex pairs, commodities, indices, and cryptocurrencies.

Who are Prop Number One?

Prop Number One is a proprietary trading firm with the legal name Edu Technologies – FZCO that was incorporated on the 10th of June, 2024. They are located in Dubai, United Arab Emirates, and are being managed by CEO Luca Cerullo. Prop Number One provides traders with the opportunity to choose between a single two-step evaluation while being partnered with a tier-1 liquidity provider with the best simulated real market trading conditions as their broker.

Prop Number One’s headquarters are located at Building A1, Dubai Digital Park, Dubai Silicon Oasis, Dubai, United Arab 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!

Video Review

Funding Program Options

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

Two-step Challenge

Prop Number One’s Two-step Challenge provides traders the opportunity to manage account sizes ranging from $7,000 up to $300,000. The aim is to identify talented traders who are profitable and can efficiently manage risk throughout the two-step evaluation period. The Two-step Challenge allows you to trade with up to 1:50 leverage.

Account SizePrice
$7,000$47
$17,000$147
$27,000$197
$50,000$297
$100,000$527
$200,000$997
$300,000$1,447

Evaluation phase one requires a trader to reach a profit target of 5% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase one. To proceed to phase two, you are only required to reach the 5% profit target without breaching the maximum daily or maximum loss limit rules.

Evaluation phase two requires a trader to reach a profit target of 8% while not surpassing their 4% maximum daily loss or 8% maximum loss rules. When it comes to time limitations, note that you have no maximum trading day requirements during phase two. However, you are required to have a minimum of 3 profitable trading days in order to proceed to funded status.

By completing both evaluation phases, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 4% maximum daily loss and 8% maximum loss rules. Your first payout is 21 calendar days from the day you place your first position on your funded account, while all other withdrawals can also be submitted every 21 calendar days. Your profit split will be 100% based on the profit you make on your funded account, with an additional option to qualify for a monthly salary.

Add-ons for Prop Number One’s Two-step Challenge

  • Aggressive Trading – 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 – Once you become successfully funded, you will receive a second challenge of the same size for free.
  • Fast Withdrawals – Reduces the payout cycle to every 7 calendar days.

Two-step Challenge Scaling Plan

The Two-step Challenge doesn’t have a scaling plan.

Two-step Challenge Trading Rules & Objectives

  • Profit Target – 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 Loss – 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 Loss – 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 Days – 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 Duration – Traders are required to hold their trades before closing them for an average duration of 1 minutes.

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 One differs from most industry-leading prop firms due to offering a single account type, a two-step evaluation. In addition, they also provide numerous favorable features, such as an unlimited trading period, no minimum trading day requirements during phase one and once funded, relaxed trading rules with almost no restrictions, numerous add-on feature options, and a 100% profit split, with an option to qualify for an additional monthly salary.

Prop Number One’s Two-step Challenge is a two-step evaluation that requires traders to successfully complete two phases before becoming eligible for payouts. The profit target is 5% in phase one and 8% in phase two, with a 5% maximum daily and 10% maximum loss rules in phase one and a 4% maximum daily and 8% maximum loss rules in phase two and once funded. You also have no maximum trading day requirements during either evaluation phase. Additionally, you have no minimum trading day requirements during phase one. However, during phase two, you are required to achieve a minimum of 3 profitable days. Keep in mind that the Two-step Challenge doesn’t have a scaling plan. Compared to other funding programs within the industry, the Two-step Challenge stands out mainly for having an unlimited trading period, no minimum trading day requirements during phase one and once funded, relaxed trading rules with almost no restrictions, numerous add-on feature options, and a 100% profit split, with an option to qualify for an additional monthly salary.

Example of comparison between Prop Number One & 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 between Prop Number One & 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 between Prop Number One & 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, Prop Number One differs from other industry-leading prop firms by offering a single account type, a two-step evaluation. In addition, they also provide numerous favorable features, such as an unlimited trading period, no minimum trading day requirements during phase one and once funded, relaxed trading rules with almost no restrictions, numerous add-on feature options, and a 100% profit split, with an option to qualify for an additional monthly salary.

Is Getting Prop Number One Capital Realistic?

It is essential to evaluate the achievability of trading requirements when considering proprietary trading firms that align with your forex trading style. While a company may appear attractive with a high percentage profit split on a generously funded account, the practicality decreases if they demand substantial monthly gains with minimal maximum drawdown percentages, significantly reducing the likelihood of success. Additionally, examining time constraints is crucial, with an unlimited trading period being more advantageous as it eliminates the pressure associated with time constraints. Lastly, it is essential to acquaint yourself with all trading rules during the evaluation process and subsequent funding stages to mitigate the risk of accidentally violating your trading account terms.

  • Receiving capital from the Two-step Challenge is realistic primarily due to its average profit targets (5% in phase one and 8% in phase two) coupled with 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). It is important to note that there are no maximum trading day requirements during both evaluation phases while having no minimum trading day requirements in phase one and a minimum profitable trading day requirement of 3 calendar days in phase two. Furthermore, upon successfully completing both evaluation phases, participants qualify for payouts featuring an advantageous profit split of 100%.

After considering all the factors, Prop Number One is highly recommended since you have a single funding program to choose from, which features realistic trading objectives and conditions for qualifying for payouts.

Payment Proof

Prop Number One 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.

While working with Prop Number One and reaching funded status with the Two-step Challenge, you will be eligible to receive your first payout after 21 calendar days. However, after your first payout, you will also be eligible to receive payouts if you exceed the initial account size every 21 calendar days. Keep in mind that by choosing the Fast Withdrawals add-on, you will be eligible to receive payouts on a weekly basis. Your profit split will consist of a generous 100% based on the profit that you have generated on your funded account, with an additional option to qualify for a monthly salary.

When it comes to Prop Number One payment proof, you can find it on numerous websites. One example is Trustpilot, where their traders comment regarding their experience while working with the company as well as the process of how they successfully received payouts. Another source of payment proof for Prop Number One is their Discord 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.

Which Broker Does Prop Number One Use?

Prop Number One doesn’t trade with any of the common broker brands. They are partnered with a tier-1 liquidity provider with the best simulated real market trading conditions.

As for trading platforms, while you are working with Prop Number One, they allow you to trade on cTrader, DXtrade, or Match-Trader.

Trading Instruments

As mentioned above, Prop Number One is partnered with a tier-1 liquidity provider with the best simulated real market trading conditions, and they allow you to trade a wide range of trading instruments, which include forex pairs, commodities, indices, and cryptocurrencies with a leverage of up to 1:50, depending on the trading instrument that you are trading.

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

To check the live spreads, log in to the trading account below.

PlatformServerLogin NumberPasswordDownload Platform
cTrader[email protected]n6Q(eGe#2Click here
DXtradepno_C12046n6Q(eGe#2Click here
Match-Trader[email protected]n6Q(eGe#2Click here

Education

Prop Number One currently doesn’t provide any additional educational content to their community.

However, Prop Number One offers all clients access to a carefully designed trader dashboard, streamlining risk management by offering constant access to detailed statistics and objectives. This ensures real-time updates, contributing to an improved user experience.

Trading Dashboard

Trustpilot Feedback

Prop Number One has gathered an excellent score on Trustpilot based on their community’s feedback.

On Trustpilot, Prop Number One has a variety of their community members commenting and providing positive feedback regarding their company services. The firm has achieved an impressive rating of 4.8 out of 5 from a total pool of 170 reviews. Notably, 91% of these reviews have awarded Prop Number One the highest rating of 5 stars.

The client discovered Prop Number One through numerous recommendations in YouTube videos and decided to try it due to its fair profit payouts and the ability to trade during news events, unlike some firms that impose restrictions. They were highly satisfied with their experience, noting that everything was clearly explained, and they were able to start trading on MT4 within minutes. Overall, the client reported a smooth and positive experience.

The second client, on the other hand, is an experienced trader familiar with prop firms who has shared a very positive experience with Prop Number One. They were impressed from the start, noting the clear instructions and excellent benefits, including a 100% profit share. The client appreciated the transparency, with no hidden rules, and recommended Prop Number One as a fantastic solution for traders seeking capital.

Social Media Statistics

Prop Number One can also be found on numerous social media platforms.

Instagram21 Followers
YouTube29 Subscribers
Twitter18 Followers
Telegram138 Members
Discord192 Members

Customer Support

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

Account Opening Process

  • Registration Form – Register with Prop Number One by filling out the registration form with your personal details and logging into the trading dashboard.
  • Choose Your Account – Choose your account size, trading platform, and add-on features.
  • Apply Discount Code – Apply our discount code FOREXPROPREVIEWS and enjoy a 10% discount on all Prop Number One account sizes.
  • Choose Your Payment Method – Choose between a credit/debit card, PayPal, AstroPay, bank transfer, Skrill, and cryptocurrency payment methods.

Conclusion

In conclusion, Prop Number One is a reputable and trustworthy proprietary trading firm providing traders with an opportunity to choose a single funding program, the Two-step Challenge, which is a two-step evaluation.

Prop Number One’s Two-step Challenge is an industry-standard two-step evaluation that requires the completion of two phases before becoming eligible to manage a funded account and earn 80% up to 100% profit splits. Traders must reach profit targets of 5% in phase one and 8% in phase two to become successfully funded. These are realistic trading objectives, considering you have to follow a 5% maximum daily and 10% maximum loss rules in phase one and a 4% maximum daily and 8% maximum loss rules in phase two and once funded. Regarding time limitations, you have no maximum trading day requirements during either evaluation phase. However, when it comes to minimum trading day requirements, you have none during phase one and once funded, but during phase two, you must meet the minimum profitable trading day requirement of 3 days. Finally, it’s essential to note that the Two-step Challenge doesn’t feature a scaling plan.

I would recommend Prop Number One to individuals seeking a reputable proprietary trading firm that provides exceptional trading conditions catering to a diverse range of individuals with unique trading styles. They provide traders with unique features, such as an unlimited trading period, no minimum trading day requirements during phase one and once funded, relaxed trading rules with almost no restrictions, numerous add-on feature options, and a 100% profit split, with an option to qualify for an additional monthly salary. After considering everything Prop Number One has to offer to traders all across the globe, they are indeed a desirable choice within the prop trading industry.

Our detailed review of Prop Number One was last updated on 14.01.2025 at 09:21 (CE(S)T).

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

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

Prop Number One Review (10% Discount Code: FOREXPROPREVIEWS) Details

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Incorporation
Account size up to:
$300,000
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*Choose your account type and start trading
4.0
Fees
5.0
Trading Platforms
4.0
Deposit and withdrawal
5.0
Customer Support
4.5 Overall Rating

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