Prop Number One provides virtual capital, enabling you to bring your trading aspirations to life. By eliminating the risk to your personal savings, it offers a safer and more accessible route into the trading world. This approach lets you concentrate on sharpening your skills and reaching your goals without the stress of financial strain.
Prop Number One provides virtual capital, empowering you to turn your trading aspirations into significant accomplishments. By removing the need to put your personal savings at risk, it offers a safer and more accessible route into the trading world. This forward-thinking approach enables you to concentrate on refining your strategies, enhancing your skills, and pursuing your financial objectives without the burden of financial risk. With Prop Number One, you can confidently grow your trading career in a secure and supportive environment, paving the way for long-term success and sustainable progress.
Introduction of Prop Number One
Company Details | Prop Number One |
---|---|
CEO | Luca Cerullo |
Incorporation Date | June 2024 |
Location | Dubai, United Arab Emirates |
Maximum Account Size of Funding Programs | Two-step Challenge: $300,000 |
Funding Programs
Two-step Challenge
Account Size | Account Price |
---|---|
$7,000 | $47 |
$17,000 | $147 |
$27,000 | $197 |
$50,000 | $297 |
$100,000 | $527 |
$200,000 | $997 |
$300,000 | $1,447 |
Objectives | Objective Value |
---|---|
Profit Target (Phase 1) | 5% |
Profit Target (Phase 2) | 8% |
Daily Drawdown | Phase 1: 5% Phase 2 & Once Funded: 4% |
Maximum Drawdown | Phase 1: 10% Phase 2 & Once Funded: 8% |
Max Trading Period | Phase 1: Unlimited Phase 2: Unlimited |
Minimum Trading Days | Phase 1: No Minimum Trading Days Phase 2: 3 Profitable Days |
Profit Share | 100% + Monthly Salary |
Comparison of Two-step Program
Comparison of Prop Number One & Funding Pips
Objectives | Prop Number One | Funding Pips |
---|---|---|
Profit Target (Phase 1) | 5% | 8% |
Profit Target (Phase 2) | 8% | 5% |
Daily Drawdown | Phase 1: 5% Phase 2 & Once Funded: 4% | 5% (Can be scaled to 7%) |
Maximum Drawdown | Phase 1: 10% Phase 2 & Once Funded: 8% | 10% (Can be scaled to 14%) |
Max Trading Period | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited |
Minimum Trading Days | Phase 1: No Minimum Trading Days Phase 2: 3 Profitable Days | No Minimum Trading Days |
Profit Share | 100% + Monthly Salary | 80% up to 90% |
Comparison of Prop Number One & Smart Prop Trader
Objectives | Prop Number One | Smart Prop Trader |
---|---|---|
Profit Target (Phase 1) | 5% | 7% |
Profit Target (Phase 2) | 8% | 5% |
Daily Drawdown | Phase 1: 5% Phase 2 & Once Funded: 4% | 4% |
Maximum Drawdown | Phase 1: 10% Phase 2 & Once Funded: 8% | 8% (Can be scaled to 28%) |
Max Trading Period | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited |
Minimum Trading Days | Phase 1: No Minimum Trading Days Phase 2: 3 Profitable Days | No Minimum Trading Days |
Profit Share | 100% + Monthly Salary | 85% up to 90% |
Broker & Trading Platform
Broker | Tier-1 Liquidity Provider with Best Simulated Real Market Trading Conditions |
Trading Platform | MetaTrader 5, MetaTrader 4, cTrader, DXtrade, Match-Trader |
Trading Instruments | Forex Pairs, Commodities, Indices, Crypto |
Conclusion
To draw a final conclusion, Prop Number One is a reputable and trustworthy proprietary trading company that is managed by Luca Cerullo. They provide traders with an opportunity to choose between a single evaluation program with different account sizes. While working with them, you will be provided an account through a tier-1 liquidity provider with the best simulated real market trading conditions and trade on the MetaTrader 5, MetaTrader 4, cTrader, DXtrade, or Match-Trader trading platform. As for trading instruments, you will be able to trade forex pairs, commodities, indices, and crypto. After considering everything that Prop Number One brings to the table, we can consider them an excellent choice within the proprietary trading firm space.