Prop Number One stands out as a trusted prop trading platform designed to empower traders with unparalleled flexibility, comprehensive tools, and a secure trading environment. From seamless account merging to efficient payouts, discover why Prop Number One is a preferred choice for traders worldwide.

Table of Contents

Prop Number One: A Comprehensive Review

What Is Prop Number One?

Prop Number One is a global proprietary trading platform headquartered in the United Arab Emirates (UAE). While its main office is in Dubai, the company also operates from key locations worldwide, including:

• 521 5th Avenue, 17th Floor, New York, USA
• 200 Jalan Sultan, #08-02, Singapore
• Building A1, Dubai Silicon Oasis, Dubai, UAE
• 124 City Road, London, EC1V 2NX, UK

This expansive presence highlights its global reach and commitment to serving traders from various regions.

Why Consider Prop Number One?

Choosing the right proprietary trading firm can significantly impact a trader’s success. Prop Number One positions itself as an appealing option for traders by offering several notable benefits:

• 100% Profit Sharing: Traders keep all the profits they earn.
• Fixed Salaries for Top Traders: High-performing traders are rewarded with fixed salaries.
• No Time Limits: Traders can work at their own pace without deadlines in most Challenges.
• Balance-Based Drawdown: Maximum daily drawdowns are calculated based on account balance for fairness.
• Brand Commitment: Includes guaranteed payouts, fast processing, and compensation for delays.
• Professional Support Team: Expert assistance is available for resolving issues and answering queries.
• Multiple Trading Platforms: Choose from MetaTrader 4, MetaTrader 5, and cTrader.
• News Trading Allowed: Traders can operate during news events, though risks must be considered.
• Low Commission Rates: Competitive rates help maximize trader profitability.

These features reflect Prop Number One’s commitment to providing a trader-friendly environment.

How Does Prop Number One Work?

Prop Number One simplifies the proprietary trading process into three key steps:

1. Select Your Capital: Traders can access virtual capital of up to $300,000 based on their preferences.
2. Complete the Two-Step Challenge: For a small entry fee, traders showcase their skills. Successful completion refunds the entry fee and grants access to virtual capital.
3. Withdraw Profits: Traders can withdraw 100% of their profits within 24 hours and earn up to $3,000 monthly in salary.

This streamlined process ensures traders can focus on their strategies without unnecessary complications.

Is Prop Number One Credible?

Prop Number One emphasizes its credibility by highlighting its base in Dubai, a prominent global trading hub. The company strives to support retail traders and align with their aspirations for success. This transparency and focus on community building reinforce its trustworthiness.

Fairness and Transparency

Prop Number One is committed to maintaining a level playing field for all traders. The platform employs stringent policies and monitoring systems to ensure fairness. The following practices are prohibited to uphold trading integrity:

• Hyperactivity
• Latency Trading
• Copy Trading
• Arbitrage Trading
• Tick Scalping
• Grid Trading
• One-sided Betting
• Account Sharing
• Hedging or Group Hedging
• Using Guaranteed Profit with Limit Orders
• Platform or Data Freezing Exploits

These restrictions are designed to ensure a fair trading environment, reinforcing the company’s dedication to transparency.

General Rules & Guidelines at Prop Number One

Traders at Prop Number One can utilize Virtual Private Network (VPN) and Virtual Private Server (VPS) services to securely access the platform. However, it’s important to follow specific guidelines to ensure compliance and optimal functionality.

Guidelines for VPN Users

• Use a paid VPN service instead of free options, as shared IP addresses on free VPNs can pose security risks.
• Maintain a consistent IP address within a specific country to avoid raising security concerns.
• Avoid using VPNs with IP addresses from restricted countries, as this is strictly prohibited.

Guidelines for VPS Users

• Opt for a paid VPS service with a dedicated IP address to distinguish your trading activities.
• Do not share your VPS connection with others, as it may lead to violations of trading policies.
• Avoid using VPS with IP addresses from restricted countries, as this is also prohibited.

Registration Fee Refund Policy

Traders are eligible to receive a refund of their registration fee upon meeting the account requirements and successfully achieving a payout. The refund will be processed alongside the first payout.

Capital Management Limits

Traders at Prop Number One can manage virtual capital ranging from $7,000 to $300,000 based on their selected account size. The available account sizes are:

• $7,000
• $17,000
• $27,000
• $50,000
• $100,000
• $200,000
• $300,000

The maximum combined capital limit is $300,000.

Refund Policy for Account Reset or Top-Up

Prop Number One’s refund policy is straightforward:

• If you do not trade within 7 days of registering, you are eligible for a refund.
• If you have traded, reset, or topped up your account, the refund policy no longer applies.

Expert Advisors (EAs) and Indicators

Traders are allowed to use Expert Advisors (EAs) and Indicators on all platforms to enhance their trading strategies. However:

• Parameters must be unique to each trader’s style and account.
• Copying identical trading settings from others without customization is prohibited.
• FIX API connections are strictly disallowed on the cTrader platform.

Swap-Free Accounts

Prop Number One only offers Swap accounts across all challenges, with no provision for Swap-free accounts.

News Trading and Weekend Trading

Prop Number One allows traders to hold positions overnight, during weekends, and during news events without restrictions. However, traders are advised to manage risks effectively during volatile periods.

Toxic Trading and Restricted Strategies

Prop Number One prohibits toxic trading practices such as:

• Excessive risk-taking or over-leveraging.
• Latency trading, arbitrage, or tick scalping.
• Copy trading from accounts not owned by the same individual.
• Hedging across multiple accounts.
• Using strategies that exploit platform inefficiencies.

Violations may result in account termination or other penalties.

Salary Structure for Top Traders

Top-performing traders can earn monthly salaries by maintaining consistent profitability. For example:

• $7,000 Challenge: $70 per month after 3% profit for 2 months.
• $300,000 Challenge: $3,000 per month after 3% profit for 2 months.

Salaries are tied to performance and are awarded from the third month onwards.

Rules for the 2-Step Challenge

Traders participating in the 2-Step Challenge must adhere to these rules:

Daily Drawdown Limit

• Phase 1: Maximum daily drawdown of 5% of the initial balance.
• Phase 2: Maximum daily drawdown of 4% of the initial balance.
• Drawdowns include swap charges, commissions, and fees.

Overall Drawdown Limit

• Phase 1: Maximum total drawdown of 10% of the initial balance.
• Phase 2: Maximum total drawdown of 8% of the initial balance.

Minimum Trading Days

• Phase 1: At least 1 trade on 3 separate days.
• Phase 2: At least 1 trade on 3 separate days with 0.5% profit per day.

Other Guidelines

• Copy trading is allowed only from accounts owned by the same individual.
• IP addresses must remain consistent, and any changes must be communicated to the support team.
• Using VPNs and VPS services with dedicated IP addresses is recommended for security.

Managing Your Dashboard on Prop Number One

Deleting Your Account

If you wish to remove your account and personal information from Prop Number One’s records, you can submit a formal request. To do so:

• Contact the support team via email at support@propnumberone.com.
• Alternatively, use the live chat feature available on the Prop Number One website.
• Upon approval, all associated service providers will also be directed to delete your personal information.

Certificates for Traders

Prop Number One acknowledges traders’ accomplishments by awarding certificates as a token of appreciation. The certificates available are:

• Junior Trader Certificate: Awarded upon completing Challenge Phase 1.
• Senior Trader Certificate: Awarded upon completing Challenge Phase 2.
• TOP Trader Certificate: Awarded upon achieving the first payout.

The process to obtain certificates is automated for convenience. To access and generate your certificate:

1. Log in to the Prop Number One dashboard.
2. Navigate to the “Certificates” section on the left panel.
3. Select the certificate you wish to generate, and it will be delivered to your registered email address.

Switching Between Accounts

To toggle between accounts on the dashboard, follow these simple steps:

• Click the drop-down menu at the top-right corner next to the Prop Number One logo.
• Select the “Account Number” or the specific account type you wish to view.
• The selected account will now appear as your default view until you switch again.

Tracking Rules and Trading Objectives

The Prop Number One trader dashboard provides a suite of tools to help you monitor your trading objectives and adherence to the platform’s rules. To access these tools, visit the Prop Number One Trader Dashboard.

Accessing Your Trading Overview

The Trading Overview feature in the Prop Number One dashboard provides a comprehensive summary of trading performance. To access this feature:

1. Navigate to the “Accounts” section within your dashboard.
2. Select the specific trading account you wish to analyze.
3. Click on the “Trading Overview” option to view detailed statistics and analytics.

The Trading Overview includes two main sections:

• Detail Stats:
  • Provides critical metrics to assess account status.
  • Allows evaluation of the effectiveness of trading strategies.
• Analytics:
  • Features tools like the “Trade Growth View” for tracking activity evolution.
  • Graphical insights into symbol performance and profit/loss breakdown by weekday, hours, and order type.
  • Includes metrics such as Win and Loss Ratios for better performance analysis.

These tools are prominently located at the top of the Trading Overview section, ensuring easy access to vital data for enhanced trading performance.

Prop Number One Trading Competitions: Everything You Need to Know

Is the Competition Free?

Yes, the Prop Number One Trading Competition is completely free for all participants. There are no entry fees, ensuring that traders from all backgrounds can participate without financial constraints. This inclusive approach fosters a level playing field for showcasing trading skills and competing for prizes.

What Are the Competition Prizes?

The competition offers exciting prizes to the top 600 traders on the leaderboard, allowing a wide range of participants to earn rewards for their trading performance.

How to Claim Competition Prizes

Prop Number One ensures a smooth prize claim process for all winners:

• Winners will be contacted directly via email after the competition results are announced.
• Logistics will be handled by Prop Number One to ensure efficient prize delivery.
• Stay connected to official social media platforms for updates and announcements.

Can I Participate in Multiple Competitions?

Yes, traders are welcome to participate in every competition organized by Prop Number One. Each competition is treated as a unique event with its own rules and prize structures. Joining multiple competitions allows traders to refine their strategies, gain valuable experience, and consistently showcase their abilities.

How to Track Your Progress

Monitoring your competition progress is simple:

1. Log in to the Prop Number One website or dashboard.
2. Navigate to the “Competition” section in the left sidebar.
3. Click on the “Leaderboard” to view your current standings.

This feature allows you to stay updated on your journey and compare your performance with fellow traders.

Competition Registration

Registration for each competition opens before the competition month begins. For instance, to join July’s competition, register between June 1st and June 30th. Follow these steps to register:

1. Visit the Prop Number One website or access your dashboard.
2. Navigate to the “Competitions” section from the sidebar.
3. Click “Enroll” and follow the prompts to submit your registration.
4. Wait for an email containing rules, guidelines, and login credentials.

Once registered, you can begin trading during the specified competition period.

Can Profits Be Withdrawn From the Competition Account?

No, profits from the Competition Account cannot be withdrawn. This account is solely for active trading within the competition’s guidelines. The focus remains on showcasing skills and competing for rewards.

Use of Trade Manager

Traders are permitted to use the Trade Manager in the competition. This ensures a fair environment where success is determined by trading acumen and decision-making abilities.

Account Breach and Resets

If a Competition Account is breached, resets are not available. However, daily calculations like the Daily Drawdown will reset at 00:00 GMT+3 to provide updated performance metrics. Progress and account balances remain unaffected by these resets.

SL and TP Usage During Competition

The use of Stop Loss (SL) and Take Profit (TP) orders is optional during the competition. Traders can decide based on their strategy, risk tolerance, and market conditions.

Trading During News Events

Trading during news events is allowed in the competition, providing flexibility for engaging with market-moving events. However, traders should exercise caution and apply proper risk management strategies to navigate potential volatility.

Holding Trades Overnight and Over Weekends

Traders can hold positions overnight and over weekends during the competition. This flexibility supports various trading strategies, from short-term to long-term approaches, ensuring no interruptions in trade management.

Frequently Asked Questions About Prop Number One

Am I Trading with Real Funds?

No, Prop Number One operates using simulated challenge accounts, not real funds. These accounts are designed to assess and identify effective trading strategies. Successful traders gain continued access to the simulated market environment and can earn performance fees based on their trading success.

Who Pays Tax on My Profits?

Traders are responsible for paying taxes on their profits as per their country’s regulations. Prop Number One provides up to 100% of profits but does not handle tax obligations.

Can I Use Someone Else’s Credit Card?

No, all evaluation account purchases must be made using a credit card registered in your own name.

Do I Need Experience to Apply?

No prior experience is required to apply for a challenge. However, traders with no experience are less likely to pass the evaluation. Beginners are encouraged to explore educational resources available in the Prop Number One academy.

Is the Funded Account Live or Demo?

The funded account is a demo account using real market quotes. Prop Number One employs a proprietary risk management framework to replicate live market conditions.

Who Can I Contact for Technical Support?

Technical support is available through the following channels:

• Weekdays: 08:00 – 20:00
• Email: support@propnumberone.com
• Discord channel
• Live chat support

Weekend responses may experience slight delays.

Is There a Free Retry?

No free retries are offered since there is no time limit for completing the challenge. Traders can progress at their own pace.

Can I Register Under My Company’s Name?

No, Prop Number One only allows individual registration under personal names. All provided information undergoes verification as part of the Know Your Customer (KYC) process.

How Long Does It Take to Receive My Credentials?

• Card Payments: Credentials are provided immediately after a successful transaction.
• Cryptocurrency: Credentials are sent within 24 hours, often sooner.
• PayPal: Credentials are provided within 24 hours.

For assistance with credential delays, contact support@propnumberone.com or use Discord or live chat.

What Does a Prop Number One Account Mean?

A Prop Number One account is a simulated account that mirrors real market conditions with quotes from liquidity providers. Aggregated orders may be sent to the market as necessary.

Does Prop Number One Offer a Scale-Up Plan?

No, Prop Number One does not currently offer a Scale-Up plan for traders.

What Capital Can I Start With?

Available starting balances for challenges include:

• $7,000
• $17,000
• $27,000
• $50,000
• $100,000
• $200,000
• $300,000

What Happens After Passing the Challenge?

Once Phase 2 is successfully completed:

• A confirmation email will be sent with a link to complete the KYC process via Veriff.
• Traders must provide withdrawal details and sign a contract.
• Credentials for the funded account are issued within 1-2 business days after compliance checks.

What Happens If I Break a Rule on a Funded Account?

Outcomes vary depending on the rule breached:

• Using prohibited strategies may result in account termination and a service ban.
• Reaching the maximum daily or total loss limits will lead to account closure.

Contact support@propnumberone.com for clarification or assistance.

Passing the 2-Step Challenge

After completing Phase 1, the Phase 2 account will appear on your dashboard the next day. Upon completing Phase 2 and meeting the profit target, a pop-up message will guide you through KYC verification. Funded account credentials are provided within 24-48 hours post-verification.

Minimum Trading Days Requirement

If you pass the challenge before meeting the minimum trading days (three days), you must continue trading to meet this requirement by executing at least one trade per day for three consecutive days.

Account Status Categories

• Active: Accounts currently trading.
• Inactive: Accounts that have completed a trading phase and are awaiting payout or further action.
• Breached: Accounts that have violated rules and are no longer eligible for trading.

Add-On Options at Purchase

• No Add-On: Basic trading rules apply with standard parameters.
• Aggressive Trading: Increased risk parameters and higher profit targets.
• Fast Withdrawals: Allows withdrawal requests 7 days after the first trade in the funded phase.
• Double Challenge: Receive a second challenge for free after completing the first.

Traders can select options that align with their trading preferences and goals.

Prop Number One Affiliate Program and Enterprise Solutions

How Are Commissions Paid?

Commissions are disbursed upon request and are subject to review and approval by the Prop Number One Partner Success Team. To request a payout:

• Submit an email to partner@propnumberone.com.
• The minimum withdrawal amount is $100.

What Is the Enterprise Solution?

The Enterprise Solution allows experienced traders with proven track records at other prop firms to migrate to Prop Number One seamlessly. Their existing progress will be matched on the Prop Number One platform, enabling a smooth transition.

How Often Can I Withdraw Commissions?

Withdrawal timelines depend on your affiliate tier:

• Rising Star: Every 2 weeks.
• Pro: Every 2 weeks.
• Champion: On demand.

What Makes the Enterprise Solution Unique?

The Enterprise Solution is tailored for experienced traders. By matching existing progress from other prop firms, it eliminates the need to start over, providing a seamless transition and continuity for affiliates.

How Quickly Can I Start Earning Commissions?

Affiliates can start earning commissions immediately after their application is approved and they receive their unique affiliate link. Please note:

• Commissions are earned only on a trader’s first purchase through the affiliate link.
• Top-ups and resets are not eligible for commission earnings.
• A $100 minimum balance is required to withdraw earnings.

Who Can Become a Prop Number One Affiliate?

Anyone with a significant online presence, such as social media influencers or bloggers, can apply to join the Prop Number One Affiliate Program.

Does Prop Number One Offer an Affiliate Program?

Yes, Prop Number One provides a tiered Affiliate Program with the following benefits:

• Rising Star: 10% commission and 5% discount coupons.
• Pro: 15% commission and 7.5% discount coupons.
• Champion: 20% commission and 10% discount coupons.

To advance through the tiers:

• Rising Star: 0-100 affiliates referred.
• Pro: 101-200 affiliates referred.
• Champion: 201+ affiliates referred.

For more details, visit the Partner page on the Prop Number One website.

How Do I Sign Up for the Affiliate Program?

To join the Affiliate Program:

1. Visit the “Partner” section on the Prop Number One website.
2. Submit your application for affiliate status.
3. Upon approval, you will gain access to the Affiliate Program section in your account.

Are There Any Fees for Withdrawing Commissions?

Depending on the chosen payment method, there may be a small transaction fee for withdrawals. Specific fee details can be found in your affiliate account.

Can I Use My Commissions to Purchase New Plans?

Yes, commissions can be used to purchase new plans, but you must withdraw the funds first before applying them to new purchases.

How Can I Contact Prop Number One for Affiliate Inquiries?

For questions about the Affiliate or Payment Partner programs, contact the Prop Number One Partner Success Team via:

• Email: partner@propnumberone.com
• Live chat support on the website.

What Are the Available Payout Methods?

Prop Number One affiliates can receive payouts via the USDT TRC20 wallet.

Can Commissions Be Withheld?

Prop Number One reserves the right to withhold commissions if affiliates violate terms and conditions or engage in fraudulent activities.

Trading Platforms at Prop Number One

What Trading Platforms Are Available?

Prop Number One offers exclusive access to the following trading platforms:

• MetaTrader 5 (MT5)
• MetaTrader 4 (MT4)
• cTrader
• DX Trade
• MatchTrader

Note: U.S. residents can only access DX Trade and MatchTrader platforms.

Which Broker Does Prop Number One Associate With?

Prop Number One does not operate as a broker but partners with licensed brokers to provide access to trading platforms:

• MT4 and MT5: Provided through Alvar Finance, a licensed broker.
• cTrader, DX Trade, and MatchTrader: Provided through GooeryTrade, a licensed broker.

Additionally, Prop Number One partners with top-tier liquidity providers to offer a trading environment that closely mirrors real market conditions.

Can I Trade on TradingView and Link My Prop Number One Account?

While TradingView can be used for analysis and market research, trades must be executed on one of the following platforms:

• MetaTrader 4 (MT4)
• MetaTrader 5 (MT5)
• cTrader
• DX Trade
• MatchTrader

These platforms provide comprehensive functionalities for order placement, position management, and real-time market activity monitoring.

Getting Started with DX Trade

How to Use DX Trade: DX Trade is a powerful platform offering real-time data, a customizable interface, and fast execution for effective trade management. It is ideal for both beginner and experienced traders.

Getting Started with cTrader

How to Use cTrader: Known for its user-friendly interface and advanced charting tools, cTrader offers fast execution and high customization, making it suitable for precise trade control. How to Set Up cTrader:

1. Look for two emails from noreply@ctrader.com:
   • Email 1: Instructions for creating your cTrader ID and setting a password.
   • Email 2: Details about your trading account setup.
2. Follow the link in the first email to set your password and activate your account.
3. Log in to the platform and start trading.

For further guidance, contact support@propnumberone.com.

Getting Started with MatchTrader

How to Use MatchTrader: MatchTrader provides a seamless trading experience with intuitive tools for both beginner and professional traders.

Getting Started with MetaTrader 4

How to Use MetaTrader 4 (MT4): MT4 is a widely-used platform offering simplicity and robust features. It supports trading exclusively on .ecn symbols for efficient market access. How to Set Up MetaTrader 4:

1. Download the MetaTrader 4 platform from the Prop Number One website.
2. Follow the installation instructions and configure your account settings.
3. Log in to start trading on .ecn symbols.

Getting Started with MetaTrader 5

How to Use MetaTrader 5 (MT5): MT5 is an advanced version of MT4, providing enhanced tools for market analysis. Like MT4, it supports trading exclusively on .ecn symbols. How to Set Up MetaTrader 5:

1. Download the MetaTrader 5 platform from the Prop Number One website.
2. Install the platform and configure your account settings.
3. Log in to begin trading on .ecn symbols.

Trading Account Information at Prop Number One

Can I Switch Between Trading Platforms?

Traders can switch between platforms under specific conditions:

• Platform switching is allowed only if no trades have been executed in the account.
• Reset accounts with prior trade history cannot undergo platform changes.
• Switching is not permitted in Phase 2 or the Funded phase.

Example: A trader can switch platforms if they have a newly purchased Challenge account with no trades executed.

What Is the 4% Rule for Funded Accounts?

Prop Number One enforces a 4% daily loss limit rule to ensure responsible trading:

• Traders should not exceed a 4% loss in a single day, based on account size.
• Splitting trades into multiple positions does not bypass this rule; all trades count as a single position.
• Accounts that breach the 4% daily loss limit will be terminated.

Traders are encouraged to follow this rule and manage emotions to maintain a healthy trading balance.

Are Free Retries Available?

No, free retries are not offered because Prop Number One allows unlimited trading days. This provides traders with flexibility to meet their targets without time pressure.

Are There Any Hidden Fees or Recurring Fees?

No, Prop Number One operates with transparent pricing:

• No hidden fees or recurring charges.
• Subscription fees are reimbursed upon withdrawal from the funded account.

Traders can trade confidently without worrying about unexpected costs.

When Will I Get My Prop Number One Account?

After hitting the profit target and meeting all trading rules:

• Submit KYC documents for verification.
• Account setup will be completed within 24-48 hours after verification.

Are There Restrictions on Trading Strategies?

Prop Number One imposes no restrictions on legitimate trading strategies, including discretionary trading and EAs. However:

• Prohibited activities include abusive market behaviors. Review the Terms and Conditions for more details.

Can I Merge My Accounts?

Accounts can be merged under the following conditions:

• Both accounts must be in the same challenge phase (e.g., Phase 1 with Phase 1).
• No open or closed trades are allowed during the merge.
• Accounts with negative balances or different add-ons cannot be merged.

Merging is not permitted across different challenge stages (e.g., Phase 1 with Phase 2).

What Is the Difference Between Challenge and Funded Accounts?

Key differences include:

• Challenge Accounts: Profit targets of 5% (Phase 1) and 8% (Phase 2).
• Funded Accounts: No profit target; traders can profit share up to 100%.

What Are the Minimum Trading Days for Challenges?

Minimum trading days vary by phase:

• Phase 1: Minimum of 1 trading day.
• Phase 2: Minimum of 3 days with 0.5% net profit, based on closed trades.

Are Cryptocurrencies Available for Trading?

Yes, Prop Number One supports trading for the following cryptocurrency pairs:

• BTCUSD
• ETHUSD
• BCHUSD
• LTCUSD

What Instruments Are Allowed?

Prop Number One offers a wide range of instruments, including Forex, Indices, Metals, Commodities, and Cryptocurrencies. Below are some examples:

• Forex Majors: EURUSD, GBPUSD
• Indices: US500, GER40
• Metals: GOLD, SILVER
• Commodities: BRENT, CRUDE

How to Calculate Minimum Margin?

Margin is calculated as:

Margin = (Contract size / Leverage) × Exchange rate

Example: For a 1 lot EUR/USD trade with leverage of 1:100 and an exchange rate of 1.2000:

Margin = (100,000 / 100) × 1.2000 = 1,200 USD

What Is the Leverage Offered?

Leverage varies by instrument:

• Forex: 1:50
• Oils: 1:30
• Metals: 1:25
• Indices: 1:10
• Crypto: 1:20

Are Lot Size Limits Imposed During Challenges?

No maximum lot size limits are imposed during the Challenge and Funded Phases. However, funded accounts may have lot size restrictions based on account size and leverage.

Payment and Coupon FAQs

What Should I Do If My Discount Code/Coupon Is Not Working?

If your discount code or coupon is not functioning, follow these steps:

• Verify the current status and validity of the discount code.
• Ensure that the code is entered accurately in the designated field.
• Remember, discount codes can be used with both credit cards and cryptocurrency.
• Combination of discount codes is not allowed, and extensions for coupon codes are not offered.
• In case of an unsuccessful payment, the discount code may be reused after a 20-minute waiting period.

For additional support, contact the team via live chat on the website or email at support@propnumberone.com.

How Can I Make a Payment Through Cryptocurrency?

Prop Number One accepts payments in over 30 cryptocurrencies via Confirmo, including:

• Bitcoin (BTC)
• Ethereum (ETH)
• Dogecoin
• Tron (TRX)
• Tether (USDT)
• Litecoin (LTC)
• Binance Coin

Note: Certain cryptocurrencies like Ripple (XRP), Stellar (XLM), Cardano (ADA), and Polygon (MATIC) are not accepted. To ensure a seamless payment process:

• Submit the exact transaction amount corresponding to your chosen account size and commission.
• Select the correct network for the cryptocurrency (e.g., Ethereum network for ETH).
• Ensure accuracy, as incorrect amounts or networks may disrupt the process or result in lost funds.
• If your transaction exceeds the processing time, verify its status via a blockchain explorer or contact support for assistance.

What to Do After a Partial Cryptocurrency Transaction?

If you make a partial payment via cryptocurrency:

• Email support@propnumberone.com with the transaction details.
• Include a screenshot of the transaction number or hash reference number.
• The support team will provide a new payment link to complete the transaction.

KYC (Document Verification) at Prop Number One

What Is the Purpose of the Verification Center?

The Verification Center serves as a dedicated space within the Prop Number One Dashboard where traders can complete the KYC (Know Your Customer) process by submitting their required documents for identity verification.

When Do I Need to Submit KYC Documents?

Traders must submit KYC documents to be eligible for a Prop Number One Account and to receive payouts. Verification is required after successfully completing the challenge phases.

How to Complete the KYC Verification Process?

Follow these steps to complete the KYC process:

1. Access the Verification Center:
   • After completing the challenge phases, you will see a “Verify Now” notification on your dashboard.
   • Click “Verify Now” or navigate to the “Verification Center” through the “My Profile” section.
2. Start the Verification Process:
   • On the “Verification Center” page, click the “Start Verification” button.
   • Choose your preferred option to proceed:
     • Scan a QR code.
     • Receive a verification link via SMS.
3. Provide Required Documents:
   • Submit a valid photo ID, such as:
     • National ID
     • Passport
     • Driving License
   • Ensure the document is not expired.
4. Complete the Submission:
   • Upload your documents via the provided link.
   • You will receive a notification confirming that your documents have been received.
5. Agreement Signing:
   • Enter your full name and address in the “Agreement Signing” section of the Verification Center.
   • Agree to the terms and conditions, then click “Submit.”
6. Review and Approval:
   • The verification process takes approximately 24–48 hours.
   • Upon successful verification, you will receive a notification confirming your eligibility for a Prop Number One Account.

What Happens If KYC Verification Fails?

Failure to pass the KYC verification process will result in the rejection of your Prop Number One Account application. For assistance, contact the Prop Number One Support Team.

What Documents Are Required for KYC Verification?

To verify your identity and receive a funded account, provide a photo of one of the following:

• National ID
• Passport
• Driving License

Ensure the document is valid and not expired.

PayOut (Profit Withdrawals) at Prop Number One

How Payouts Work with Rise

Prop Number One collaborates with Rise, a financial services company, to process payouts. Traders can withdraw profits to their cryptocurrency wallet or bank account via Rise. Steps to use Rise:

1. Sign up through the invitation link sent to your email.
2. Complete the KYC process and sign the required agreements.
3. Ensure the email used for your Rise account matches your Prop Number One account email.
4. Once verified, payouts will be deposited into your Rise account.

Payout After Account Breach

If a Funded account is breached, it becomes ineligible for payouts. Breaches due to Daily or Maximum Drawdown violations result in account termination, and simulated profits are forfeited.

How Often Can I Request a Payout?

• Challenge Phase (1 & 2): No profit share is provided during these phases.
• Funded Stage: Withdrawals can be requested every 21 days or every 7 days with the Fast Withdrawal Add-on.

How to Open a Rise Account

To open a Rise account and receive payouts:

1. Visit the Rise homepage and sign up with your personal details (first name, last name, and email).
2. Verify your email using the code sent to your inbox or sign in via Google.
3. Select “Receiving Payments” and enter additional details (e.g., DOB, phone, address).
4. Confirm tax information and upload a valid ID for identity verification.
5. After verification, accept the invitation from Prop Number One to join their team.

How to Withdraw Profits

Steps to request a payout:

1. Go to the “Withdrawals” section of the sidebar in your dashboard.
2. Click the “Request Payment” button.

Available Payout Methods

Traders can choose from the following payout methods:

• USDT (TRC20)
• Bitcoin (BTC)
• RiseWorks

How Long Does It Take to Process a Payout?

Payout requests are processed within 24 hours of submission. Each request undergoes a review to ensure no prohibited trading strategies were used. Traders receive a confirmation email with proof of payment.

Is There a Minimum Payout Amount?

Yes, traders must accumulate at least $15 in profit before requesting a payout.

What Is the Profit Split?

• Funded Account: Traders receive 100% of the profit.
• Challenge Account: No profit share is provided.
• Competition Account: No profit share is provided.

When Does the 24-Hour Payout Countdown Begin?

The 24-hour countdown starts when a trader submits a payout request. For example, if a request is made on Jan. 24 at 7:24 a.m. (GMT+3), the payout is guaranteed by Jan. 25 at 7:23 a.m. (GMT+3).

How to Provide the Correct Rise Wallet Address?

Ensure the following when withdrawing via Rise:

• Provide your Rise email address (personal accounts only).
• Enable the “Received by email address” option in your Rise account settings.
• Verify your Rise account before requesting a payout.

Conclusion

Prop Number One offers a comprehensive and user-friendly approach to trading, withdrawals, and payouts. With transparent rules, reliable processing times, and flexible payment options, traders can focus on refining their strategies and achieving success. The inclusion of Rise as a payout partner further enhances the platform’s efficiency, ensuring that traders’ profits are processed securely and promptly. Whether you’re navigating the challenge phases, managing a funded account, or exploring payout options, Prop Number One prioritizes your experience with clear guidelines and robust support. By adhering to the outlined rules and processes, traders can confidently advance their trading journey and maximize their potential in a secure environment. For any assistance or further inquiries, the dedicated support team is always available to ensure a smooth and rewarding trading experience.