Top One Trader
8.5

Top One Trader

Top One Trader has firmly established itself as a leading proprietary trading firm, particularly for forex retail traders in search of swift funding access. The platform's standout features include its commitment to transparency, robust customer support, and fostering a strong sense of community among traders. These attributes distinguish Top One Trader from many competitors in the prop trading sector. 

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Uncover the unique advantages of Top One Trader in the prop trading world, from its straightforward evaluation rules to its trader-nurturing philosophy.

Uncover the unique advantages of Top One Trader in the prop trading world, from its straightforward evaluation rules to its trader-nurturing philosophy.

Pros
  • Flexible and Transparent Evaluation Rules.
  • Competitive Payout Structure with 100% Fee Refund.
  • Robust Customer Support System.
  • Freedom in Trading Strategies and Styles.
  • Profitable Scaling Plans for Consistent Traders.
Cons
  • Limited Reviewer Base on Trustpilot.
  • Relatively New in the Market.
  • Challenge Fee Required for Account Access.
  • Scaling Criteria May Be Challenging for Some.
  • Specific Restrictions on Acceptable Trading Practices.

Top One Trader: A Comprehensive Review

Engaging in Forex trading presents various challenges, especially for retail traders grappling with issues like lack of experience, insufficient skills, or inadequate funding. Proprietary trading firms come into play here, offering the essential capital, training, and tools necessary for excelling in the market and enhancing profitability. However, the commitment of these prop firms to the long-term success and growth of traders can vary significantly. Among these, Top One Trader, despite its relatively recent inception, has quickly risen to become a leading name in the sector and a go-to choice for many skilled forex retail traders.

This is largely thanks to its flexible trading conditions. Prospective traders can opt for either a 1 or 2-step funding challenge, which opens the door to funding amounts as substantial as $200,000, or even up to $5 million through scaling. Setting itself apart from many other prop firms, Top One Trader has established evaluation rules that are both straightforward and realistic, significantly increasing the likelihood of traders being funded. Furthermore, the platform imposes no constraints on the minimum or maximum number of trading days, and accommodates weekend and news trading, as well as the use of expert advisors (EA).

Top One Trader also arms its traders with tools like the Economic Calendar, enabling them to stay abreast of economic events and indicators that have a bearing on the financial markets. This feature aids in making well-informed trading decisions. In addition, the firm is known for its generous profit payout offer, which can go up to 90%, coupled with bi-weekly payouts. Notably, traders receive a 100% refund of their challenge fee with their first payout.

The firm’s unwavering commitment to transparency and straightforward trading practices is further bolstered by its exceptional customer support, making it an optimal platform for burgeoning and seasoned traders alike. The following sections delve deeper into what makes Top One Trader an attractive option for accessing the necessary capital and tools for trading.

Top One Trader’s Innovative Product Offering

Top One Trader, like other proprietary trading firms, is on a mission to empower retail traders to achieve financial freedom or independence. However, it distinguishes itself from the pack with its unique approach, characterized by three fundamental pillars of success: transparency, exceptional support, and a focus on culture and community. This approach is geared towards fostering long-term relationships with traders, which is instrumental in their growth within the financial markets.

At Top One Trader, you have the opportunity to trade a diverse range of instruments, including cryptocurrencies, indices, precious metals, and forex, benefiting from the tightest spreads and competitive leverage.

Qualifying for Funding at Top One Trader

To qualify for funding, Top One Trader challenges traders to showcase their capabilities and trading expertise through two distinct challenge programs — the 1-Step “Flash” challenge and the 2-Step “Pro” challenge. These programs are tailored to cater to investors and traders of varying experience levels and financial circumstances, offering multiple account sizes with different pricing options.

Account sizes and pricing remain consistent across all programs, ranging from $10,000, ideal for undercapitalized beginners, to $200,000, suited for experts in search of more substantial trading capital.

The 1-Step “Flash” Challenge

The 1-step “Flash” challenge is designed to swiftly identify and fund skilled traders who demonstrate consistent profitability and effective risk management strategies in a single-phase evaluation period. To secure funding under this program, traders need to achieve a 10% profit from their starting balance, while staying within a 5% daily loss limit and an 8% maximum trailing drawdown.

Exceeding these drawdown limits is considered a hard breach, resulting in account closure. For example, with a $10,000 account, your target is to reach $1,000 in profit, ensuring that your daily losses do not surpass $500 or drop your starting balance to below $9,500. The 8% maximum trailing drawdown serves as a safety net, adjusting as your account value increases but locking in once you hit 8% profit.

Top One Trader allows the use of Expert Advisors (EAs) to enhance trading strategies, but certain practices like arbitrage pricing, High-frequency trading (HFT), Martingale, or latency are considered unacceptable and result in a hard breach. Additionally, failing to place a trade at least once every 30 days or not setting up a stop-loss are considered hard and soft breaches, respectively, each with specific consequences.

The 2-Step “Pro” Challenge

The 2-Step “Pro” Challenge involves two evaluation phases. In phase one, traders must achieve an 8% profit target while adhering to a 5% max daily loss limit and 10% max total drawdown. This drawdown is static, unlike the trailing drawdown in the “Flash” Challenge. Violating hard breach rules results in disqualification from proceeding to the second evaluation phase. In phase two, the profit target is reduced to 5%.

The 2-Step “Pro” Challenge offers a more attractive payout ratio of 80% (up to 90% with additional purchases) and a higher leverage of up to 50:1 for FX and Metals, compared to the 1-Step “Flash” Challenge. Both challenges, however, offer similar account sizes and pricing and are subject to the same rules regarding breaches and penalties.

Top One Trader’s Attractive Scaling Plan

Top One Trader is dedicated to nurturing long-term relationships with its traders, a commitment reflected in its generous scaling plan for all funded accounts. This plan is a key component in aiding talented traders to reach financial independence. It allows traders to incrementally increase their account size through consistent performance, thereby amplifying their potential earnings.

The maximum scaling potential reaches up to an impressive $5 million, offering traders an exceptional opportunity to accelerate their trading career and significantly enhance their profitability. To be eligible for scaling every three months, traders must demonstrate a total profitability of 12%, with a minimum of 3% profitability each month over a three-month period. Meeting these criteria allows traders to apply for scaling. Once verified, Top One Trader generously adds 25% of the initial account balance in additional capital to the trader’s account. For instance, if you are trading with a funded account of $200,000 and meet the scaling criteria, Top One Trader will augment your account by $50,000 (25% of $200,000), raising your total account size to $250,000.

This scaling process can continue every three months, as long as the trader consistently meets the 12% profit target, up to the maximum limit of $5 million. An appealing aspect of Top One Trader’s scaling plan is that traders are not required to retain their profits in the account to qualify for scaling.

This means that while retaining profits might make meeting the scaling criteria easier, traders have the flexibility to withdraw their monthly profits and still remain eligible for scaling, as long as they achieve the required 12% profit over the three-month period. This approach underscores Top One Trader’s commitment to providing flexible and trader-friendly conditions, enabling traders to grow their accounts while enjoying the fruits of their success.

Understanding How Top One Trader Operates

Top One Trader offers a streamlined and risk-free pathway for traders to demonstrate their trading acumen and secure the funding they need to advance their trading careers. This process unfolds through three clear stages: Choose, Accept, and Get Funded.

Step 1: Choose Your Account

The initial step involves signing up and selecting an account size that aligns with your trading style and financial situation, from either the 1-Step “Flash” Challenge or the 2-Step “Pro” Challenge. Account sizes range from $10,000 or $25,000, ideal for beginners, to $100,000 or $200,000, tailored for experienced traders seeking more capital. With a maximum initial capital allocation of $400,000, many traders opt to start with two $200,000 accounts at Top One Trader.

Step 2: Accept the Challenge

Once you’ve selected your account and paid the challenge fee, you’ll receive an email from the support team with guidance to access the trading dashboard. This email includes download links for MT4 or MT5 and all necessary login details. With these credentials, you can log in and officially accept the trading challenge. The platform’s flexible trading conditions are designed to aid in achieving your profit target while adhering to the drawdown rules, allowing weekend and news trading, and the use of Expert Advisors (EAs).

Top One Trader also offers tight spreads and competitive leverage across a variety of tradable instruments. Importantly, there are no time constraints or required minimum and maximum days to complete the evaluation. Once you complete the assessment and submit your identity verification (KYC) documents, your funded account is activated for live trading upon approval.

Top One Trader’s Affiliate Program

Top One Trader also provides an opportunity to become a brand ambassador through its affiliate program, where you can earn up to 15% of the challenge fees from new traders you refer. This program is an excellent way to earn additional income, available to both account holders and non-account holders. Commissions are withdrawable via Wise, Paypal, or Crypto after 30 days from the sale.

The process to join the affiliate program is straightforward: complete the registration form, and upon approval, receive your login details to access the Brand Ambassador dashboard. This dashboard offers a unique Brand Ambassador link, coupon codes, real-time sales tracking, and insights into your commissions and payouts. Additionally, Top One Trader equips you with over 50 professional marketing tools, social media texts, and email copy, simplifying the process of promoting the platform within your network.

Exceptional Customer Service at Top One Trader

Top One Trader is renowned for its highly responsive customer support, available 24/7 through various channels including LiveChat, Discord, and Email. This accessibility ensures that any queries or concerns you may have are addressed swiftly and professionally. The platform boasts a remarkable median response time of under 90 seconds via live chat, and less than 5 minutes via email, reflecting their commitment to efficient customer service.

Interactive Community Engagement

The Discord channel at Top One Trader offers an interactive space for traders to connect, discuss, and share their trading experiences within the global trading community. This platform facilitates the exchange of valuable trading tips, ideas, and insights among traders, fostering a culture of community engagement and collaborative learning.

Self-Service Resources

For those seeking quick answers to general questions, Top One Trader’s FAQ page and Help Center serve as a treasure trove of information. These resources cover a wide range of topics, including account setup, evaluation rules for the challenge programs, spreads and commissions, payment methods, withdrawal options, and more, allowing traders to efficiently find the information they need without direct customer support intervention.

Social Media Interaction

In addition to Discord, Top One Trader’s presence on social media platforms like Facebook, Instagram, and YouTube provides further avenues for support and interaction with the trading community.

These platforms offer an opportunity for traders to connect with the support team and engage with other members of the Top One Trader community. Reflecting the effectiveness of their customer service, Top One Trader boasts an impressive Trustpilot rating of 4.8 out of 5, based on 51 reviews. While the number of reviews might be relatively low compared to some competitors, the high rating and overwhelmingly positive feedback underscore the professionalism and efficiency of the customer service team, as well as the overall quality of the platform’s offerings.

Top One Trader’s Commitment to Security and Privacy

Top One Trader places a high priority on the protection of user privacy and the security of client data. The platform employs advanced encryption protocols to ensure the safeguarding of clients’ information. While personal data collected during the signup or registration process may be used to enhance service delivery and marketing efforts, Top One Trader maintains a firm stance against sharing or selling user data or personally identifiable information (PIS) to third parties without explicit user consent, except in instances required by legal mandate. Standard encryption protocols are in place to protect sensitive data during its transfer via the website, reflecting Top One Trader’s dedication to maintaining data integrity and confidentiality. Moreover, the platform’s partnership with ThinkMarkets, a globally recognized and multi-award-winning brokerage, adds an additional layer of trust and security.

ThinkMarkets is licensed and regulated by multiple top-tier regulatory bodies, including the FCA in the UK, ASIC in Australia, CySEC in Cyprus, JFSA in Japan, and FSCA in South Africa. These regulatory authorities impose rigorous standards in terms of financial reporting, capital adequacy, and the protection of client funds. By aligning with ThinkMarkets, Top One Trader ensures adherence to these strict regulatory requirements, thereby bolstering the transparency and security of its trading services. Traders on Top One Trader can thus be assured of a secure and reliable trading environment, where their data and financial assets are protected under some of the most stringent regulatory standards in the industry.

Top One Trader’s Competitive Pricing and Investment Options

Top One Trader offers clear and affordable pricing structures for various account sizes across its challenge programs, ensuring transparency in every aspect of its service offering. Both the 1-Step “Flash” Challenge and the 2-Step “Pro” Challenge feature identical pricing for each account size, as outlined below.

Pricing for Challenge Programs

  • $10,000 account: $119 for both Flash and Pro Challenges
  • $25,000 account: $239 for both Challenges
  • $50,000 account: $329 for both Challenges
  • $100,000 account: $545 for both Challenges
  • $200,000 account: $1049 for both Challenges

Through its partnership with ThinkMarkets, Top One Trader offers the advantage of raw-tight to zero-spread trading. This means traders have access to institutional pricing of tradable instruments without any markup by the broker. The platform charges a low commission of $3.50 per side ($7 per lot) for forex and metals, with no commission on cryptocurrencies or indices.

Leverage and Lot Size Flexibility

The platform offers varied leverage options for different challenge accounts. The standard leverage for the 1-Step “Flash” Challenge includes 2:1 for cryptocurrencies and 10:1 for forex, metals, and indices, with an option to increase leverage on forex and metal up to 20:1 through add-on purchases.

The 2-Step “Pro” Challenge offers leverage of 50:1 for forex and metals, 10:1 for oils and indices, and 2:1 for cryptocurrencies. There are no restrictions on lot sizes, providing traders the flexibility to trade according to their individual plans and risk management strategies. Additionally, the Position Size Calculator on Top One Trader helps in determining the optimal trade size.

Payout Ratios and Withdrawal Process

The payout ratios differ between the challenges, with 75% for the 1-Step “Flash” Challenge and 80% for the 2-Step “Pro” Challenge, and the potential to reach up to 90% through add-on purchases. The first payout is processed 30 days after acquiring your funded account, including a complete refund of the challenge fee. After this initial period, withdrawals can be requested every two weeks. Withdrawals are efficiently processed via crypto, bank transfer, or PayPal, ensuring convenience for traders.

A Comprehensive Look at Top One Trader’s User Experience

Top One Trader offers a highly versatile user experience, tailored to accommodate traders of various experience levels and financial situations. With multiple account sizes and diverse pricing structures within its challenge programs, the platform is designed to be inclusive and accessible. The clear and straightforward evaluation rules are a key feature, enabling traders to efficiently demonstrate their skills and quickly access funding opportunities.

Scaling Plan and Trading Platform Options

One of the standout features of Top One Trader is its scaling plan, which rewards traders for consistent performance by increasing their account size, thereby offering the potential for larger payouts. The choice between MT4 and MT5 trading platforms caters to a wide range of trader preferences. MT4 is user-friendly and recommended for beginners, while MT5 offers more advanced features suitable for expert traders.

Getting Started with Top One Trader

The process of starting with Top One Trader is straightforward. On the homepage, users can easily “Choose Your Account Size” and toggle between preferred challenge programs. A variety of account sizes and pricing options are displayed, with a simple “Start Trading” button leading to a page for filling out details and making payment. Upon completing this process, users receive login credentials to access the dashboard and begin their trading challenge.

Uniform Rules and Additional Support

Top One Trader maintains the same rules across all account sizes, ensuring a uniform and fair trading environment. The platform’s competitive leverage, raw-tight spreads, simple evaluation rules, and exceptional customer support significantly contribute to its user appeal. Moreover, challenge participants receive the Top One Trader Blueprint coaching program, a testament to the platform’s commitment to supporting undercapitalized traders.

The platform also fosters a vibrant trading community, providing near-daily training via email, weekly outlook videos, and market recap videos. This comprehensive support system is geared towards nurturing traders at every step of their journey. Recognized by Benzinga as highly recommendable, Top One Trader stands out as a platform genuinely committed to empowering traders.

Top One Trader Versus Other Proprietary Trading Firms

In the realm of proprietary trading firms, Top One Trader stands amidst a competitive field with notable players like FTMO, SurgeTrader, SabioTrade, and FXIFY. These firms all aim to facilitate fund accessibility for traders, ranging from undercapitalized beginners to seasoned professionals looking to enhance their trading capital and profit potential. However, there are distinct aspects that set Top One Trader apart in this competitive landscape.

Competitive Edge of Top One Trader

Top One Trader’s competitive pricing for its challenge programs is a significant advantage. This, combined with its competitive leverage and raw-tight spreads, positions it as a financially accessible option for a wide array of traders. Another pivotal strength of Top One Trader is its customer support, which has earned high praise and an excellent rating on Trustpilot. This is indicative of the platform’s commitment to providing responsive and effective assistance to its users.

Flexibility in Trading Strategies

What truly distinguishes Top One Trader from its competitors is the level of freedom it offers traders in executing their strategies. Unlike some other platforms, Top One Trader imposes no restrictions on trading styles. This includes the allowance for copy trading, holding positions over the weekend, engaging in news trading, and the use of Expert Advisors (EAs).

This degree of flexibility is a significant draw for traders who value the freedom to implement their strategies without limitations. While each proprietary trading firm has its unique offerings and policies, Top One Trader’s combination of affordable pricing, strong customer support, and unrestricted trading strategies makes it a standout choice for traders seeking a supportive and versatile trading environment.

Overall Assessment of Top One Trader

Top One Trader has firmly established itself as a leading proprietary trading firm, particularly for forex retail traders in search of swift funding access. The platform’s standout features include its commitment to transparency, robust customer support, and fostering a strong sense of community among traders. These attributes distinguish Top One Trader from many competitors in the prop trading sector.

Key Advantages of Top One Trader

The straightforward evaluation rules at Top One Trader empower traders to freely implement their strategies and styles without facing restrictive barriers. This aspect of flexibility is highly valued in the trading community. Additionally, the platform’s competitive payout structure, which includes a 100% refund of challenge fees, is an attractive incentive for traders.

Scaling Plans and Support for Traders

Top One Trader’s scaling plans are designed to reward consistent profitability, providing an avenue for traders to grow their capital over time. This approach not only supports traders in enhancing their earnings but also aligns with the platform’s ethos of nurturing both beginners and experienced traders.

The reasonable pricing and risk-free opportunities further solidify Top One Trader’s position as a top choice in the proprietary trading landscape. In an industry often fraught with uncertainties, Top One Trader’s dedication to assisting traders in their growth journey sets it apart. Its focus on trader development, combined with an array of supportive features, makes it one of the most attractive options for retail traders aiming to progress in their trading careers. Ultimately, Top One Trader’s comprehensive approach to prop trading makes it an excellent choice for traders at all levels.

Top One Trader Details

Trading Platforms
Deposit Methods
Withdrawal Methods
Tradable instruments
Incorporation
Account Currencies
Brokers
Maximum Capital Allocation

Get Funded
Up to $5m
Extremely trustworthy for large withdrawals

9.0
Fees
8.0
Easy of Evolution
8.0
Trading Conditions
9.0
Profit Sharing Model
8.5 Overall Rating

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Top One Trader
8.5/10
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