Prop Number One is a proprietary trading firm that allows traders to access virtual capital, eliminating the need to risk personal savings. With the ability to manage accounts up to $300,000 and earn up to 100% profit splits, traders can diversify their portfolios by trading forex, commodities, indices, and cryptocurrencies. Established in June 2024 and based in Dubai, UAE, Prop Number One is led by CEO Luca Cerullo. The firm provides a single, straightforward two-step evaluation program for its traders.

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Who are Prop Number One?

Prop Number One operates under the legal name Edu Technologies – FZCO, incorporated on June 10, 2024. The firm is headquartered in Dubai Digital Park, located in Dubai Silicon Oasis, UAE. It offers a single evaluation route—the Two-step Challenge—designed to cater to both beginner and experienced traders. The firm partners with a tier-1 liquidity provider to offer the best simulated real market trading conditions.

CEO: Luca Cerullo

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Funding Program Options

Prop Number One features one primary funding program for its traders: the Two-step Challenge. This program is designed to assess traders’ abilities to manage risk and achieve consistent profits.

Two-Step Challenge Overview:

The Two-step Challenge offers account sizes from $7,000 to $300,000, with a leverage of up to 1:50. It requires traders to complete two evaluation phases, after which they are eligible for a funded account.

• Account Size & Price:

  • $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:

• Profit Target: 5%

• Maximum Daily Loss: 5%

• Maximum Loss: 10%

• Trading Days: No minimum or maximum requirement

Evaluation Phase Two:

• Profit Target: 8%

• Maximum Daily Loss: 4%

• Maximum Loss: 8%

• Profitable Trading Days: 3 minimum profitable days

By completing both evaluation phases, traders are awarded a funded account with no minimum withdrawal requirements. The profit split ranges from 80% to 100% based on performance.

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Add-ons for Two-step Challenge

Prop Number One offers several add-on features to enhance the trading experience:

• Aggressive Trading: Increases loss limits to 5% daily and 10% overall in Phase 2, but also increases Phase 2 profit target to 10%.

• Double Challenge: A second challenge for free once funded, providing the opportunity for additional capital.

• Fast Withdrawals: Reduces the payout cycle to every 7 days, rather than 21 days.

Two-step Challenge Trading Rules & Objectives:

• Profit Target: 5% (Phase 1), 8% (Phase 2)

• Maximum Daily Loss: 5% (Phase 1), 4% (Phase 2)

• Maximum Loss: 10% (Phase 1), 8% (Phase 2)

• Minimum Profitable Trading Days: 3 days in Phase 2

• Average Trade Duration: Minimum 1 minute per trade

• Monthly Salary: Option to qualify for a monthly salary based on consistent profits.

 

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What Makes Prop Number One Stand Out?

Prop Number One stands out due to its simple, yet powerful two-step challenge. With no maximum trading day limits, traders can progress at their own pace. The firm also offers an excellent 100% profit split and an opportunity to qualify for a monthly salary once funded. Add-on features like Fast Withdrawals and Double Challenges provide additional flexibility for traders seeking higher growth potential.

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Comparison with Other Prop Firms

Here’s a brief comparison of Prop Number One with some of the leading firms:

Prop Number One vs Funding Pips:

• Profit Split: 100% + Monthly Salary vs 60% up to 100% + Monthly Salary

• Profit Targets: 5% (Phase 1), 8% (Phase 2) vs 8% (Phase 1), 5% (Phase 2)

• Loss Limits: 5% Max Daily, 10% Max Loss vs 5% Max Daily, 10% Max Loss (Scalable)

Prop Number One vs E8 Markets:

• Profit Split: 100% + Monthly Salary vs 80%

• Profit Targets: 5% (Phase 1), 8% (Phase 2) vs 8% (Phase 1), 4% (Phase 2)

• Loss Limits: 5% Max Daily, 10% Max Loss vs 4% Max Daily, 8% Max Loss (Scalable)

 

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Payment Proof and Trust

Prop Number One has earned a 4.6-star rating on Trustpilot, with numerous traders praising its transparency, ease of use, and fast payouts. The firm is known for offering 100% profit splits and a transparent withdrawal process. Traders who have reached funded status can enjoy their first payout after 21 days, and subsequent withdrawals can be requested every 21 days, or weekly with the Fast Withdrawals add-on.

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Supported Brokers & Platforms

Prop Number One partners with a tier-1 liquidity provider to offer optimal trading conditions. Traders can access the following platforms:

• cTrader

• DXtrade

• Match-Trader

 

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Trading Instruments

Prop Number One offers a wide range of trading instruments, including:

• Forex Pairs: EUR/USD, GBP/USD, AUD/USD, etc.

• Commodities: Gold, Silver, Crude Oil

• Indices: US500, NAS100, GER40

• Cryptocurrencies: BTC/USD, ETH/USD, LTC/USD

 

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Education & Resources

Currently, Prop Number One doesn’t offer formal educational content, but they provide access to a trader dashboard with comprehensive trading statistics and progress tracking. This helps traders stay on top of their goals and manage risks effectively.

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Social Media Presence

Prop Number One is active across several social media platforms:

• Instagram: 263 followers

• YouTube: 62 subscribers

• Twitter: 93 followers

• Telegram: 354 members

• Discord: 1,080 members

 

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Conclusion

In conclusion, Prop Number One offers a solid opportunity for traders looking for flexibility, high-profit potential, and an excellent profit split of 100%. The firm’s Two-step Challenge is a straightforward evaluation with no time pressure and reasonable profit targets. They also stand out by offering a monthly salary option for traders who consistently meet performance criteria, adding another layer of appeal for those seeking steady income from trading.