Our Verdict

Prop Number One launched in 2024 and has built a recognisable offer around two features that stand out: a 100% profit split and a monthly salary for funded traders who sustain two consecutive profitable months. Both are unusual in the prop firm space and will attract traders who find the standard 80-90% split at other firms too restrictive. The salary is performance-dependent rather than guaranteed, so treat it as an upside, not a baseline.

The challenge structure is non-standard in a way that matters. On the 2-Step model, Phase 1 requires only 5% profit while Phase 2 requires 8%. Most prop firms front-load the difficulty — they put the harder target in Phase 1. Prop Number One does the opposite, which means traders who pass Phase 1 comfortably can still struggle in Phase 2. The drawdown also tightens between phases: Phase 1 allows 10% total and 5% daily, while Phase 2 drops to 8% total and 4% daily. Passing Phase 1 does not mean Phase 2 is the easier half.

The consistency rule activates from Phase 2 onward. No single trading day can account for more than 50% of total cumulative profit. This is less aggressive than the 30% cap at some competitors, but it still penalises traders who have one large breakout session early in Phase 2. Use the consistency calculator to check your numbers before requesting a payout.

Platform support is functional but narrow. MT4, MT5, and cTrader cover the bulk of retail traders, but 54 instruments is a very limited selection. Competitors at similar price points typically offer 200 to 400+ instruments. For traders who only trade major forex pairs and a handful of indices this is workable. For traders who want broad access to commodities, stocks, or a wide crypto range, it is a meaningful gap.

The Trustpilot score is worth addressing directly. A 3.9 out of 5 across roughly 923 reviews is below average for an active prop firm — most reputable firms sit between 4.2 and 4.7. Recurring complaints include payout disputes, copy-trading accusations against traders using their own EAs, and payout delays in some funded accounts. The CEO does respond to negative reviews, which is a positive sign, but the pattern of complaints at a firm that has only been operating since 2024 warrants caution.

The 15% maximum payout per cycle is a separate structural concern. A trader on a $50,000 account can withdraw at most $7,500 every 21 days, regardless of how much profit they have above that. Combined with the 21-day default cycle, high-profit months can create a bottleneck on earnings access. The Fast Withdrawal add-on reduces the cycle to 7 days, but at additional cost. Traders who generate significant monthly returns should calculate whether the 15% cap becomes a practical ceiling on when they can actually access their profits.

Overall, Prop Number One has a genuine differentiator in the 100% split and salary model, and the fees are competitive. But the limited instrument range, below-average Trustpilot score, 15% payout cap, and non-standard challenge structure make it harder to recommend without reservations compared to more established firms. Best suited to traders who work a narrow instrument list and are prepared to navigate a Phase 2 that is harder than Phase 1.