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Prop Number One

  • Saint Lucia
  • Since 2024

Prop Number One sells 20 funded-account plans in 5 programmes, from $1.25K to $100K, paying traders 80 – 100% of their profits. Trading runs on MetaTrader 5 and cTrader.

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Does Prop Number One pay out?

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88
Payout risk
CollapsedConfidence: high2 evidenced payouts
1.5/5Trust rating 1.5 out of 5

No. On the evidence available in September 2026, Prop Number One is not reliably paying, and its own founder has publicly written the firm off. On 19 August 2026 founder Serghey Magala posted an offi…

The firm
Updated

Prop Number One at a glance

Prop Number One is a proprietary trading firm based in Saint Lucia, in business since 2024.

Account sizes on sale
$1.25K – $100K
Profit split to the trader
80 – 100%
programmes, across 20 plans
5
Cheapest plan
$55

On the record

Based in
Saint Lucia
Founded
2024
Platforms
MetaTrader 5 and cTrader
Instrument types
Cfd
Website
propnumberone.com
Evidence last checked

Pay for a plan with

  • VISA
  • Mastercard

Get paid by

  • Riseworks
  • Crypto
  • Bank Transfer
Recorded by Wikilix from Prop Number One’s published terms and re-checked periodically.
Programme ledger

What Prop Number One sells

20 plans in 5 programmes: 5 instant-funding accounts, 5 one-step evaluations, and 10 two-step evaluations.

5 programmes
Highest split · One-Step Challenge
100%
Most drawdown room · Two-Step Challenge
10%
Fewest minimum days · 625 Instant Funding
5
Highest leverage · Two-Step Challenge
1:50
  • Instant funding625 Instant FundingInstant funding5% max drawdown2.5% daily loss5 min days80%profit split

    The rules

    Max drawdown
    5% · Trailing
    Daily loss limit
    2.5% · Equity based
    Minimum trading days
    5
    Max leverage
    1:30
    Payout schedule
    Every 21 days
    Fee refunded on passing
    No

    On this programme

    • News tradingAllowed
    • Copy tradingNot allowed
    • Expert advisors (EAs)Allowed
    • Weekend holdingAllowed
    • Overnight holdingAllowed
    • Stop lossNot required
  • Instant fundingInstant FundingInstant funding4 sizes$1.25K – $10K5% max drawdown2.5% daily loss5 min days80% – 90%profit split

    The rules

    Max drawdown
    5% · Trailing
    Daily loss limit
    2.5% · Equity based
    Minimum trading days
    5
    Max leverage
    1:30
    Payout schedule
    Every 21 days
    Fee refunded on passing
    No

    On this programme

    • News tradingAllowed
    • Copy tradingNot allowed
    • Expert advisors (EAs)Allowed
    • Weekend holdingAllowed
    • Overnight holdingAllowed
    • Stop lossNot required

    Account sizes

    • $1.25K
    • $2.5K
    • $5K
    • $10K

    Per-size prices are published on the firm’s site, not on this record.

  • 1-stepOne-Step Challenge1-step5 sizesFee refunded$7K – $100K10% target6% max drawdown4% daily loss5 min days100%profit split

    The rules

    Phase 1 target
    10%
    Max drawdown
    6% · Trailing
    Daily loss limit
    4% · Trailing highest balance equity
    Minimum trading days
    5
    Max leverage
    1:30
    Payout schedule
    Every 21 days
    Fee refunded on passing
    Yes

    On this programme

    • News tradingAllowed
    • Copy tradingNot allowed
    • Expert advisors (EAs)Allowed
    • Weekend holdingAllowed
    • Overnight holdingAllowed
    • Stop lossNot required

    Account sizes

    • $7K
    • $17K
    • $27K
    • $50K
    • $100K

    Per-size prices are published on the firm’s site, not on this record.

  • 2-stepTwo-Step Challenge2-step5 sizesFee refunded$7K – $100K5% target10% max drawdown5% daily loss5 min days100%profit split

    The rules

    Phase 1 target
    5%
    Phase 2 target
    8%
    Max drawdown
    10% · Trailing
    Daily loss limit
    5% · Balance based
    Minimum trading days
    5
    Max leverage
    1:50
    Payout schedule
    Every 21 days
    Fee refunded on passing
    Yes

    On this programme

    • News tradingAllowed
    • Copy tradingNot allowed
    • Expert advisors (EAs)Allowed
    • Weekend holdingAllowed
    • Overnight holdingAllowed
    • Stop lossNot required

    Account sizes

    • $7K
    • $17K
    • $27K
    • $50K
    • $100K

    Per-size prices are published on the firm’s site, not on this record.

  • 2-stepTwo-Step Pro Challenge2-step5 sizesFee refunded$7K – $100K8% target8% max drawdown4% daily loss5 min days100%profit split

    The rules

    Phase 1 target
    8%
    Phase 2 target
    8%
    Max drawdown
    8% · Trailing
    Daily loss limit
    4% · Balance based
    Minimum trading days
    5
    Max leverage
    1:50
    Payout schedule
    Every 21 days
    Fee refunded on passing
    Yes

    On this programme

    • News tradingAllowed
    • Copy tradingNot allowed
    • Expert advisors (EAs)Allowed
    • Weekend holdingAllowed
    • Overnight holdingAllowed
    • Stop lossNot required

    Account sizes

    • $7K
    • $17K
    • $27K
    • $50K
    • $100K

    Per-size prices are published on the firm’s site, not on this record.

Compare all 5 programmes side by side
ProgrammeTypeSizesSplitTargetMax drawdownDaily lossMin daysLeverageFee refund
625 Instant FundingInstant fundingNot recorded80%Not recorded5%2.5%51:30No
Instant FundingInstant funding$1.25K – $10K80% – 90%Not recorded5%2.5%51:30No
One-Step Challenge1-step$7K – $100K100%10%6%4%51:30Yes
Two-Step Challenge2-step$7K – $100K100%5%10%5%51:50Yes
Two-Step Pro Challenge2-step$7K – $100K100%8%8%4%51:50Yes
Rules as recorded by Wikilix from Prop Number One’s published terms. A rule that differs between sizes prints as a range; per-size prices are on the firm’s site.
Payouts

How Prop Number One pays

Traders keep 80 – 100% of their profits, paid out by Riseworks, Crypto, and Bank Transfer.

Profit split
80 – 100%
Payout methods
3
Plans refunding the fee
15 of 20
Payout schedules stated
1

Paid out by

  • Riseworks
  • Crypto
  • Bank Transfer

Payout schedules, in the firm’s words

  • Every 21 days

    625 Instant Funding, Instant Funding, and One-Step Challenge and 2 more

Split and schedule, programme by programme

ProgrammeSplitPayout scheduleFee refund
625 Instant FundingInstant funding80%Every 21 daysNo
Instant FundingInstant funding80% – 90%Every 21 daysNo
One-Step Challenge1-step100%Every 21 daysYes
Two-Step Challenge2-step100%Every 21 daysYes
Two-Step Pro Challenge2-step100%Every 21 daysYes

Payout policy

Payouts run on a fixed 21 day cycle. A funded trader may submit a withdrawal request once every 21 days, and the firm states that an approved request is credited within 24 hours.

Each request is capped at 15% of the account size per cycle. Profit above that ceiling is not lost: it stays in the trading account and becomes withdrawable on the following cycle. On a 100,000 account carrying 16,000 of profit, that means a 15,000 request now and the remaining 1,000 after a further 21 days.

  • Methods: payouts are processed through Rise, with bank transfer, cryptocurrency and a range of local payment methods available. Crypto payouts are supported in USDC and other stablecoins.
  • Evaluation fee refund: on the One-Step, Two-Step and Two-Step Pro challenges the entry fee is returned with the first payout. Instant Funding accounts carry no fee refund.
  • Instant Funding minimum: an Instant Funding account must be at least 1% of its starting balance in profit before a payout can be requested.

Before a payout is released the account must also satisfy the firm's consistency tests, and the minimum trading day requirement for its program. Attempting to work around the withdrawal ceiling using multiple accounts can result in suspension without a refund.

Markets

What you can trade

Traded as CFDs.

Instrument types

  • CFDs
Trading rules

What Prop Number One lets you do

Across all 20 plans, as recorded programme by programme.

  • News tradingAllowed on every plan
  • Copy tradingNot allowed on any plan
  • Expert advisors (EAs)Allowed on every plan
  • Weekend holdingAllowed on every plan
  • Overnight holdingAllowed on every plan
  • Stop lossNot required on any plan

Prop Number One markets its evaluations on trading freedom, and its published rules place no timing restriction on when a position may be opened or held.

  • News trading: permitted. The firm states that it imposes no restriction on trading around economic data releases.
  • Weekend and overnight holding: permitted. Positions may be carried over the weekend and held overnight on every program.
  • Expert Advisors: permitted. Automated strategies may be used across the evaluation and funded stages.
  • Stop losses: optional. Traders may use a protective stop or close positions manually.
  • Copy trading: restricted. Replicating the trades of other traders or entities without prior authorisation is prohibited, and external cloud based copy trading services are not permitted. The firm does describe copying between a trader's own accounts as acceptable.

Separately, the terms name a set of strategies that are treated as abuse of the simulated environment rather than as trading: latency and gap trading, arbitrage in any form, tick scalping, grid trading, high frequency or mass order entry, exploiting pricing or platform errors, and guaranteed limit fills in thin liquidity. Hedging the same instrument in opposite directions across two accounts with matched open and close times is also prohibited.

The firm additionally treats risking all or nearly all of the daily drawdown on a single trade, or a sudden change of strategy or asset class between the evaluation and the funded account, as excessive risk taking that can void an account.

Consistency

Consistency rules

Prop Number One applies a consistency requirement it calls Simple 50% Protection, made up of two separate tests that must both be satisfied before a trader can advance a stage or request a payout.

  • Simple 50% daily protection: total profit must be at least double the most profitable single trading day.
  • Simple 50% trade protection: total profit must be at least double the most profitable single trade.

Worked through on a 100,000 account, a 5,000 profit made in one day or in one trade requires at least 10,000 of total profit before that progress or payout counts. Failing either test can invalidate the trader's progress and require gains to be spread more evenly across multiple days.

On the Two-Step Challenge the requirement is not applied in Phase 1; it applies from Phase 2 onward and continues to apply in the funded stage. The Two-Step Pro Challenge is sold as the variant without a consistency requirement.

Firm rules

Firm rules

Beyond the drawdown limits, Prop Number One sets a number of account conditions that can end a trader's participation on their own.

  • One account holder: KYC must be completed by the account holder in person. Multiple people verifying against a single account leads to immediate termination.
  • No third party trading: traders may not allow anyone else to access or trade their account, trade on behalf of another person, or offer account management to others.
  • No VPN or proxy: connecting to the trading platform through a VPN or otherwise masking the real IP address or location is prohibited.
  • No FIX API: direct FIX based connections for account access, order execution or strategy automation are not permitted, including through third party tools.
  • Minimum trading days: a stage is only considered complete once the required number of trading days has been met, regardless of whether the profit target was reached earlier. The Two-Step Challenge requires one day in Phase 1 and five in Phase 2; the other programs require five.

Evaluation fees are payable up front. A refund can be requested within 7 days of registration provided no trading has taken place; once the first trade is executed the fee becomes non refundable. Where the firm identifies prohibited trading, participation is terminated and fees already paid may be forfeited, and a trader who repeats a practice after being warned can lose access to the dashboard and platform without compensation.

Accounts are demo accounts in a simulated environment, and the evaluation is assessed against these rules automatically, with the current state of each rule visible in the trader dashboard.

Restricted countries

Where Prop Number One does not take traders

Residents of 24 countries cannot open an account with Prop Number One.

24 countries
  • Afghanistan
  • Belarus
  • Central African Republic
  • Cuba
  • Democratic Republic of the Congo
  • Ethiopia
  • Iran
  • Iraq
  • Lebanon
  • Libya
  • Mali
  • Myanmar
  • Nicaragua
  • North Korea
  • Russia
  • Somalia
  • South Sudan
  • Sudan
Show 6 more
  • Syria
  • Ukraine
  • Venezuela
  • Vietnam
  • Yemen
  • Zimbabwe
As published by Prop Number One. A country not listed here is not thereby accepted — check the firm’s own terms.
Worth comparing

Prop firms worth comparing

4 firms from the Wikilix directory set beside Prop Number One: the same country, the same kind of funding, a comparable split, or the best rated on the record.

4 firms
Figures as recorded on the Wikilix directory. A dash means the firm has not published that figure.

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