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Founded in June 2024 and based in Dubai, Prop Number One is a fairly newcomer to the proprietary trading space, quickly making a name for itself with a Trustpilot rating of 4.7 from 349 reviews, with 90% of traders giving it a 5-star rating. While its social following is still growing, the firm has a strong Discord community of 820 members, engaging actively with traders. Led by CEO Luca Cerullo, who has experience across multiple fintech ventures, Prop Number One offers a straightforward 2-Step Evaluation model with 100% profit share, fast payouts, and unique trader incentives, including a free challenge for funded traders and a monthly salary for top performers. With multiple trading platforms, a wide range of instruments, and flexible trading conditions, the firm is positioning itself as a strong contender in the industry.
Founded in June 2024, Prop Number One (registered as Edu Technologies – FZCO) is a new entrant in the proprietary trading space, based in Dubai Silicon Oasis, UAE. Despite being a recent addition to the market, it has already gained an impressive Trustpilot rating of 4.7 from 349 reviews, with 90% of users giving a 5-star rating, highlighting its strong early reputation. While its social media presence is still developing—boasting 73 followers on X, 40 on Facebook, 213 on Instagram, and 820 Discord members—the firm’s active Discord community suggests a growing trader engagement.
The firm is led by CEO Luca Cerullo, who has 325 LinkedIn followers and a background in multiple financial and fintech ventures, including Next Gen Wizards, Koinvest Fintech Hub, and Onemin Company. His experience in trading and finance brings credibility to the firm. Prop Number One has disclosed that it uses a single liquidity provider, though the specific name remains undisclosed.
The firm keeps things straightforward with just one account type—a 2-Step Evaluation Challenge split into Junior Trader (Step 1) and Senior Trader (Step 2). The challenge features profit targets ranging from 5% to 8%, with a maximum drawdown between 8% and 10%, and an unlimited time frame to complete the challenge. Account sizes range from $7,000 to $300,000 in virtual capital, offering flexibility for traders at different levels.
Traders benefit from lenient trading conditions, including:
1. One of the most notable advantages of Prop Number One is its Double Challenge feature, where traders who successfully pass the evaluation receive a second challenge of the same size for free.
2. Additionally, the firm offers Fast Withdrawals, reducing the payout cycle to every 7 calendar days.
3. A unique benefit is the monthly salary for top-performing traders. To qualify, traders must achieve at least a 3% profit for two consecutive months. Once eligible, they receive a monthly salary for any month where they again reach a 3% profit, providing an added incentive beyond the usual profit split structure.
Prop Number One supports a variety of trading platforms, including cTrader, DX Trade, and Match Trader, catering to different trading preferences. The firm allows trading across Forex, Commodities, Indices, and Cryptocurrencies, ensuring traders have access to a diverse range of markets.
A highlight of the platform is its clean, user-friendly website, featuring a helpful earnings calculator that allows traders to estimate potential profits based on performance.
The firm offers a 100% profit split, one of the highest in the industry.
Proof of payouts is actively shared across the firm’s Discord group, and positive Trustpilot reviews affirm the firm’s reliability in making timely payments.
While Prop Number One is still establishing itself in the proprietary trading landscape, its exceptional Trustpilot rating, flexible challenge structure, and trader-friendly payout terms make it a strong contender. The Double Challenge feature and monthly salary program set it apart from competitors, providing traders with additional opportunities to grow. Though its social media presence is still in its early stages, the firm’s commitment to transparency and trader incentives suggests a promising future. For traders seeking high profit splits, flexible trading rules, and rapid payouts, Prop Number One is certainly worth considering.
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