Based on Trustpilot
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Top One Trader is a U.S.-registered prop firm founded in October 2023 by Matt Morris and Clay Hodges, headquartered in Wyoming, USA. In less than a year, it has attracted thousands of traders across 100+ countries. The firm offers one-step, two-step, and instant funding models through platforms like Platform 5, cTrader, and MatchTrader. Traders can access up to 90% profit splits, challenge fee refunds, and payouts processed in as little as 1-2 hours. Known for responsive support with fast response times, Top One Trader has built a reputation for speed and transparency.
Top One Trader charges swap fees.
The fee is incurred when a position is rolled over to the next trading day. It continues to accrue until the trade is closed.
The close of the trading day is defined as the end of business hours in New York, or 22:00 GMT (London time). Any trades carried over during this time to the next trading day may result in a swap fee.
Swap fees are tripled if the position is held overnight on a Wednesday (to Thursday).
Top One Trader does not allow the use of EA & Trading bots on funded accounts.
You are welcome to use Expert Advisors on the 1-step-Flash and 2-step-Pro accounts (but only during the challenge phase) to enhance and optimize your trading strategies.
“While it's permissible for traders to use the same EA or indicator as others, each trader must customize their settings to differentiate their trades. The use of hidden EA’s or tools designed to conceal the use of an EA is strictly prohibited. Additionally, third party EA’s with automated trading algorithms are not allowed under any circumstances.”
During the funding phase, Top One Trader prohibits trading 5 minutes before and after high-impact news events for all challenges.
This includes opening/closing trades (Market Execution/Limit Orders), modifying Stop Loss/Take Profit, or placing Buy/Sell Stop orders.
If your Stop Loss or Take Profit is triggered during the restricted window, it will be considered a violation.
Trades opened 5+ hours before the event can trigger Stop Loss/Take Profit within this window without violation, but manual trade closures are prohibited.
In the challenge phase, trading during high-impact news is unrestricted for all challenges.
Only high-impact (red folder) news applies; please consult the following two news calendars, FXStreet and RebateFX, and ensure no "Red Folder" news is listed on either calendar.
First violation is a soft breach, keeping the account open; further violations may lead to termination.
Any gains from such trades will be deducted and ineligible for withdrawal.
Top One Trader allows traders to hold trades over the weekend on the 1 Step Flash and 2 Step Pro accounts, (for Instant Funding you're required to have the add-on).
Top One Trader allows you to hedge within one account.
However, hedging using multiple accounts, whether within Top One Trader or across other prop firms, is prohibited. Their risk software detects hedging patterns across various firms.
HFT involves using algorithms to execute an excessive number of trades in seconds, exploiting market inefficiencies. Tick Scalping involves holding positions for seconds to 5 minutes. Top One Trader prohibits both strategies any gains made from such trades might be deducted.
The drawdown is equity-based, taking the higher of your account balance or equity and subtracting 4% of the initial capital for Flash accounts or 5% for Pro accounts.
Available in all approved countries, this platform supports 1-Step (FLASH: $5k–$200k) and 2- Step (PRO: $5k–$50k) accounts. Instant Funding is not available.
All approved countries. Offers 1-Step (Lightning & Flash: $10k–$200k) and 2-Step (PRO: $10k– $100k) accounts. Instant Funding is not available.
Available in all approved countries except the U.S. Supports 1-Step (FLASH: $10k–$50k) and 2- Step (PRO: $10k–$50k) accounts. Instant Funding is not available.
Available in all approved countries except the U.S., Canada, U.S. Outlying Territories & Puerto Rico. Supports all account sizes for 1-Step, 2-Step, and Instant Funding.
Commission may be slightly lower depending on the platform selected
We provide a fixed discount at all times using code PROPVATOR. If there are better offers, we will provide them on this page. Additionally, we offer buy one get one free once you receive your payout.