Prop Number One Prop Firm Review – What You Need to Know in 2026
Prop Number One launched in 2024 and is based in Dubai, UAE. It operates under Edu Technologies – FZCO and is run by a team of trading and fintech operators, with links to broader brokerage infrastructure including associations with regulated entities such as Alvar Finance in Gibraltar. The firm has positioned itself as a high-payout, trader-friendly prop model designed to attract both retail traders and algorithmic strategy users.
One of its most distinctive features is its 100% profit split structure, which is significantly higher than most traditional prop firms and is a key marketing differentiator. Alongside this, it uses a trade-copying and internal allocation system designed to streamline execution across funded accounts, particularly for traders running automated systems or scaling strategies.
Prop Number One also stands out for its flexibility across platforms and trading styles, offering access to MT4, MT5, and cTrader, alongside support for EAs, discretionary trading, and multi-asset exposure including forex, crypto, indices, and commodities. This makes it attractive to traders who want broad market access without platform restrictions.
Overall, it is positioned as a modern, high-payout prop firm targeting traders who prioritise profit retention, automation, and fast withdrawals rather than traditional evaluation-heavy models or restrictive trading environments.
Prop Number One Best suited for:
- Traders who want full profits
- Forex and crypto-focused traders
- Users running custom bots or Expert Advisors (EAs)
- Traders who prefer quicker access to cash-outs
- Newer traders looking for lower entry fees and simpler scaling pathways
Pros of Prop Number One
Pros
100% profit split structure- Refundable challenge fees after passing
- MT4, MT5, and cTrader platform options
- Flexible trading conditions including news and weekend holding
- Support for custom EAs and automated strategies
- Weekly payout options available via add-ons
Cons
How Does Prop Number One Work? (Step-by-Step Guide)
- Pick your account size and pay the fee
- Pass step one with a 5% profit target
- Pass step two with a 4% profit target
- Receive your funded account
- Trade under live funded conditions and request payouts when eligible
Prop Number One Account Types & Funding Options
- Two-step evaluation challenges
- Account sizes from $7,000 to $300,000
- Challenge fees are refunded after successful completion
- Scaling options available for higher capital allocation over time
Profit Targets & Payouts
- 5% profit target in phase one
- 4% profit target in phase two
- Payouts every 21 days, or every 7 days with add-on option
- Fast payout processing after approval
- Daily drawdown limit of 5%, total drawdown of 10%
- First payout available after funded phase conditions are met
Leverage & Trading Conditions
- Leverage up to 1:50 on forex
- Lower leverage on assets such as crypto (around 1:2)
- Competitive spreads depending on account type and execution feed
- Platforms include MT4, MT5, and cTrader
Allowed & Restricted Trading Strategies
Allowed Trading Strategies
- Swing trading
- Holding trades overnight
- News trading
- Using custom EAs
- Careful use of martingale strategies
- Hedging within the same account
Restricted Trading Strategies
Arbitrage trading- Shared EA usage across multiple accounts
- Cross-account hedging
- Group or coordinated hedging strategies
- Low-latency exploit strategies such as FIX API misuse on cTrader
How Long Does It Take to Get Funded by Prop Number One?
- Traders can pass challenges in days or weeks depending on strategy and risk approach
- Funding is issued after both steps are completed successfully
- No strict maximum time limits on challenges
- Account setup is typically fast once requirements are met
How Long Has Prop Number One Been Around?
Prop Number One launched in 2024 and has expanded rapidly since inception. The firm has grown its presence internationally and has reported operational activity across multiple regions, including financial hubs such as New York, Singapore, and London. Its growth has been driven by promotional scaling offers and high profit retention structures.
Who Owns Prop Number One? (Founder & Company Background)
Prop Number One operates under Edu Technologies – FZCO, registered in Dubai, UAE. The founders are not publicly disclosed, which is relatively common among newer prop firms in the sector. The company is associated with broader financial infrastructure links including Alvar Finance, which operates under regulatory oversight in Gibraltar.
What Can You Trade with Prop Number One? (Supported Markets & Assets)
Traders can access a wide range of instruments including forex majors and exotics, cryptocurrencies such as Bitcoin and Ethereum, global indices like the S&P 500, commodities including gold and silver, and energy markets such as oil. Platform support includes MT4, MT5, and cTrader, with over 50 tradable instruments available depending on account type.
Does Prop Number One Offer Education & Trader Support? (Learning Resources & Coaching)
Prop Number One provides educational blog content covering trading basics, strategy guidance, and risk management principles. However, it does not currently offer structured mentorship or live coaching programs. The focus is more on providing tools and infrastructure rather than guided trader development.
How Good is Prop Number One's Customer Support? (Response Time & Availability)
Customer support is available via live chat and email, with multilingual assistance including English and Italian. Support is generally responsive and operates continuously throughout the day. Most queries relate to account setup, payout processing, and trading conditions.
Is Prop Number One a Scam or a Legit Prop Firm?
Prop Number One operates as a registered entity in Dubai and processes real trader payouts, which supports its legitimacy within the prop trading space. However, like all proprietary trading firms, it is not a regulated brokerage and operates using simulated funded accounts rather than client-deposited capital.
Trader feedback is active across Telegram groups, YouTube reviews, and social media communities. Many users highlight the appeal of the 100% profit split and flexible trading conditions. Community discussions often focus on payout speed and EA compatibility, with traders sharing strategies and results across Instagram and Discord-based groups.
Alternatives to Prop Number One – How It Compares
- FTUK — A UK-based prop firm known for fast evaluation processes and relatively relaxed trading conditions, designed to attract both discretionary and algorithmic traders.
- City Traders Imperium — A prop firm focused on structured growth programs and long-term trader development, offering scaling plans and a more disciplined approach to risk management compared to newer high-payout firms.
- Apex Trader Funding — A futures-focused prop firm known for low-cost evaluation access and straightforward rules, making it popular with active futures traders who want fast scaling and clear performance thresholds.
Final Verdict – Should You Trade with Prop Number One?
Prop Number One is designed for traders who prioritise full profit retention, flexible trading conditions, and multi-platform access. Its structure is particularly appealing to EA users and traders looking for fewer restrictions compared to traditional prop models.
However, its relatively recent launch means it lacks the long-term performance track record of more established competitors. It is best viewed as a high-upside, newer entrant rather than a proven industry standard.
