Fact checked by High Profit Split, Simulated Trading
Prop Number One offers an attractive 100% profit split across its programs, which is a significant draw for traders. The firm provides flexible trading conditions, allowing strategies like news trading and the use of EAs. However, it’s crucial to understand that all trading is conducted in a simulated environment, not on live markets.
This firm is best for those who prioritize a high profit share and lenient rules, provided they are comfortable with simulated trading and the firm’s relatively recent founding in 2024.
Pros
- 100% starting profit split
- No consistency rule
- Refundable challenge fee
- Allows EAs, news, weekend holding
Cons
- Simulated trading environment
- Relatively new firm (founded 2024)
- Limited fee transparency for some tiers
Challenge & fees by account size
Prop Number One presents three main challenge types: a Two-Step Challenge, a One-Step Evaluation, and Instant Funding. The Two-Step Challenge is highlighted as popular, offering a 100% starting profit split. While some challenge fees are clearly stated, such as the $47 for a $7,000 Two-Step account, fees for several other account sizes across programs are not readily available in our research.
A key benefit is the full refund of the entry fee upon passing the challenge and receiving your first payment, which can make the initial cost more manageable if you succeed.
Two-phase evaluation to demonstrate trading skills and risk management.
Compare all account sizes
| Size | Fee | Phase 1 | Phase 2 | Daily loss | Max loss |
|---|---|---|---|---|---|
| $7K | $47 | $350 | $560 | $350 | $700 |
| $10K | $820.50 | $500 | $800 | $500 | $1,000 |
| $25K | — | $1,250 | $2,000 | $1,250 | $2,500 |
| $50K | — | $2,500 | $4,000 | $2,500 | $5,000 |
| $100K | — | $5,000 | $8,000 | $5,000 | $10,000 |
| $200K | — | $10,000 | $16,000 | $10,000 | $20,000 |
| $300K | $1,447 | $15,000 | $24,000 | $15,000 | $30,000 |
Single evaluation phase to get a funded account.
Compare all account sizes
| Size | Fee | Phase 1 | Phase 2 | Daily loss | Max loss |
|---|---|---|---|---|---|
| $7K | — | $700 | — | $280 | $420 |
| $10K | — | $1,000 | — | $400 | $600 |
| $25K | — | $2,500 | — | $1,000 | $1,500 |
| $50K | — | $5,000 | — | $2,000 | $3,000 |
| $100K | — | $10,000 | — | $4,000 | $6,000 |
| $200K | — | $20,000 | — | $8,000 | $12,000 |
| $300K | — | $30,000 | — | $12,000 | $18,000 |
Start trading a simulated funded account immediately with no evaluation.
Compare all account sizes
| Size | Fee | Phase 1 | Phase 2 | Daily loss | Max loss |
|---|---|---|---|---|---|
| $625 | — | — | — | $15.63 | $31.25 |
| $1.3K | — | — | — | $31.25 | $62.50 |
| $2.5K | — | — | — | $62.50 | $125 |
| $5K | — | — | — | $125 | $250 |
| $10K | — | — | — | $250 | $500 |
Trading rules, plainly
Prop Number One offers a set of trading rules that are generally flexible compared to many other prop firms. They allow common strategies like news trading, holding positions over weekends, and using Expert Advisors. The firm explicitly states there is no consistency rule, which gives traders more freedom in their approach.
However, it’s important to note that all accounts operate in a simulated trading environment, meaning no actual trades are executed on live financial markets. Daily and maximum loss limits are balance-based, which can be more forgiving than equity-based rules.
Payouts
Prop Number One offers a 100% starting profit split across its programs, which is a key highlight for traders. The firm states that payouts are processed within 24 hours of request, with a payout cycle set at every 21 calendar days. This regular cycle, combined with quick processing, aims to provide timely access to profits.
Traders can receive their payouts through various methods, including bank transfers, crypto (USDC and other stablecoins), and several local payment options. For Instant Funding accounts, a minimum profit of 1% of the initial balance is required for withdrawal.
MethodsBank transfercrypto (USDC and other stablecoins)many local payment methods
Profit split scaling
Trust & legitimacy
Prop Number One was founded in 2024 and operates under the legal entity PROP NUMBER ONE LIMITED, registered in Saint Lucia with company number 2026 – 00275. The firm states it has paid out over $1.5 million to traders since its inception. On Trustpilot, it holds a score of 4.6/5 from over 3.2k verified reviews, with common praise for fast payouts and responsive support.
However, it’s important to acknowledge that all accounts are simulated, and the firm does not provide investment services or execute live trades. We could not verify an independent source for payout evidence or a Trustpilot profile URL in our research.
- Registered legal entity
- Publicly stated address
- High Trustpilot score
- Company-reported payout total
- Simulated Trading Environment: All accounts operate exclusively in a simulated trading environment. No actual trades are executed on live financial markets.
- No Investment Services: The company does not provide investment advice, solicit or recommend the purchase or sale of any financial instruments, securities, or funds, and does not act as a broker, custodian, or financial intermediary.
- Fees are non-refundable once paid, except where required by applicable laws.
PROP NUMBER ONE LIMITED, Saint Lucia, Robin Kelton Building, Choe Bay, Castries, Saint Lucia
Platforms & support
Prop Number One provides access to trading through MetaTrader 5, MatchTrader, and cTrader, offering a good selection of popular platforms. These platforms support a range of instruments including Forex, Indices, Commodities, and Cryptocurrencies, with leverage up to 1:50 across all asset classes. MetaTrader 5 is available on web and mobile, providing flexibility for traders.
It’s important to remember that, as with the challenges, all trading on these platforms is conducted in a simulated environment. A swap-free option is available as an add-on for those who require it.
| Platform | Devices | Instruments | Leverage |
|---|---|---|---|
| MetaTrader 5 | Web, mobile apps | Forex, Indices, Commodities, Cryptocurrencies | 1:50 |
| MatchTrader | Forex, Indices, Commodities, Cryptocurrencies | 1:50 | |
| cTrader | Forex, Indices, Commodities, Cryptocurrencies | 1:50 |
Score breakdown
Our scores for Prop Number One are based on an analysis of its published rules, fees, and available payout evidence. Each category reflects specific aspects of the firm’s offering, with the overall score being the average of these six individual ratings. Prop Number One’s main strength lies in its flexible trading rules and high profit split, while its primary limitation is the simulated trading environment. We do not conduct hands-on testing; our assessment is strictly based on verifiable information from the firm’s website and public records.
- 100% starting profit split
- No consistency rule
- Refundable challenge fee
Trading involves significant risk. Past performance is not indicative of future results.
