Welcome to our comparison between TradingFunds and Prop Number One, where we will compare all the major aspects of each company. We will be looking into the companies themselves as well as the two-step evaluations that both offer to traders from all across the globe.
Company Details
Company Details | TradingFunds | Prop Number One |
---|---|---|
Incorporation Date | February 2023 | June 2024 |
CEO | Philip Hall | Luca Cerullo |
Office Location | Dubai, United Arab Emirates | Dubai, United Arab Emirates |
Scaling Plan |
TradingFunds and Prop Number One are two reputable and trustworthy proprietary trading firms. TradingFunds was incorporated in February 2023 while being managed by their CEO, Philip Hall. They have their offices located in Dubai, United Arab Emirates. Prop Number One, on the other hand, was incorporated in June 2024 while being managed by its CEO, Luca Cerullo. Additionally, their offices are located in Dubai, United Arab Emirates.
Funding Program Options
Funding Program Options | TradingFunds | Prop Number One |
---|---|---|
One-step Evaluation | ||
Two-step Evaluation |
TradingFunds provides their traders with an opportunity to choose between two funding programs to acquire funding, a two-step evaluation and a one-step evaluation. Prop Number One, on the other hand, allows its traders to acquire funding after passing their two-step evaluation.
Two-step Comparison:
Trading Objectives | TradingFunds | Prop Number One |
---|---|---|
Profit Target (Phase 1) | 8% | 5% |
Profit Target (Phase 2) | 6% | 8% |
Maximum Daily Loss | 5% | Phase 1: 5% Phase 2 & Once Funded: 4% |
Maximum Loss | 10% | Phase 1: 10% Phase 2 & Once Funded: 8% |
Minimum Trading Days | 3 Calendar Days | Phase 1: No Minimum Trading Days Phase 2: 3 Profitable Days |
Maximum Trading Period | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited |
Leverage | 1:30 | 1:50 |
Profit Split | 80% up to 90% | 100% + Monthly Salary |
After covering the trading objectives of each company’s two-step evaluations, let’s take a look at the account sizes and costs of these two-step evaluations.
Account Size | TradingFunds | Prop Number One |
---|---|---|
$7,000 | $47 | |
$10,000 | $99 | |
$17,000 | $147 | |
$25,000 | $199 | |
$27,000 | $197 | |
$50,000 | $299 | $297 |
$100,000 | $549 | $527 |
$200,000 | $997 | |
$300,000 | $1,447 |
Brokers & Trading Platforms
Now that we have addressed the trading objectives, account sizes, and costs associated with TradingFunds and Prop Number One, it’s time to examine the brokers and trading platforms compatible with each proprietary trading entity.
TradingFunds | Prop Number One | |
---|---|---|
Broker | Tier-1 Liquidity Provider with Best Simulated Real Market Trading Conditions | Tier-1 Liquidity Provider with Best Simulated Real Market Trading Conditions |
Trading Platform | TradeLocker | MetaTrader 5, MetaTrader 4, cTrader, DXtrade, Match-Trader |
Trading instruments
Another important aspect to compare between proprietary trading firms is trading instruments. In the spreadsheet below, you will be able to learn which trading instrument types can be traded with TradingFunds and which with Prop Number One.
Trading Instrument | TradingFunds | Prop Number One |
---|---|---|
Forex Pairs | ||
Commodities | ||
Indices | ||
Cryptocurrencies |
Community Feedback
The last topic we will cover is community feedback from TradingFunds and Prop Number One. The statistics are taken from the Trustpilot page of each of the mentioned companies.
Trustpilot Statistics | TradingFunds | Prop Number One |
---|---|---|
Rating | 4.4/5 | 4.8/5 |
Number of Reviews | 223 | 170 |
5-Star Ratings | 74% | 91% |
TradingFunds has an excellent rating of 4.4/5. This is out of a total of 223 reviews, where 74% of them are rated as 5 stars. Prop Number One, on the other hand, also has an excellent rating of 4.8/5. However, this is out of a total of 170 reviews, where 91% of them are rated as 5 stars.
Conclusion
In conclusion, TradingFunds and Prop Number One are two incredible choices within the proprietary trading firm industry. We can clearly see there are numerous differences within the compared proprietary trading firms, such as trading objectives, account sizes, costs, and community feedback. In addition, there is also a major difference within the funding programs that each of the companies are offering. TradingFunds has a two-step evaluation and a one-step evaluation, while Prop Number One has a two-step evaluation.
This concludes our comparison between TradingFunds and Prop Number One. If either of the compared proprietary trading firms sparked an interest, we have prepared a unique discount code, which you can apply while purchasing an evaluation to make it even more affordable!
TradingFunds 25% discount code: FOREXPROPREVIEWS
Prop Number One 10% discount code: FOREXPROPREVIEWS
Our comparison between TradingFunds and Prop Number One was last updated on 14.01.2025 at 13:25 (CE(S)T).