Top One Trader Review: Should You TRADE With This Prop Firm? (Tested)

Summary

In this video, Stacked Trader provides an in-depth review of Top One Trader, a proprietary trading firm that's been gaining traction with its competitive offerings. The review spans various aspects of their service, from challenge requirements to trading conditions. Stacked Trader shares insights drawn from personal experience over a month and a half, emphasizing the firm's solid support system, unique functions like Equity Shield, and multiple trading platforms available. Notably, they discuss challenge types, account scaling, payout processes, and the pros and cons of opting for this firm, concluding with a balanced view of the company's benefits for serious traders.

Highlights

• Top One Trader offers a variety of trading challenges, including one-step, two-step, and instant funding options, each with its own set of rules and profit targets. 🎯
• Equity Shield is a unique feature that automatically closes trades if specific loss limits are exceeded, providing a safety net for traders. 🛡️
• The platform supports multiple trading tools, including Match Trader and Trade Locker, offering diverse options for different trading styles. 🔧
• Despite some restrictive rules, the firm is supportive of genuine trading strategies and discourages exploitative practices. ⚖️
• The scaling plan allows traders to expand their accounts up to $5 million, rewarding consistent profitability. 📈
• Customer service at Top One Trader is praised for its quick response and helpfulness, averaging just 60 seconds to connect with an agent. 📞

Key Takeaways

• Top One Trader offers low-cost challenges with no time limits, making them accessible for many traders. ⏳
• The firm provides unique features like Equity Shield to prevent excessive losses, which can be a safety net for beginners. 🚫
• They support multiple trading platforms, though access to C Trader is restricted for US residents. 🌐
• With a strong support system and fast response times, customer service is a highlight. 🤝
• The firm's scaling plans can take a successful trader to manage up to $5 million, which is a fantastic growth opportunity. 💼
• New traders can enjoy the benefit of trading news events under specific conditions, allowing for potentially profitable trades. 📰

Overview

Stacked Trader kicks off the review by introducing Top One Trader, a relatively new prop trading firm that's carving out a place for itself in the market. Despite its fresh entry, Top One Trader has already garnered a solid reputation for their 4.5-star rating and extensive positive reviews. Stacked Trader appreciates the firm's range of trading platforms and rapid customer support systems, which are crucial aspects for any trader deciding on a partner.

The video delves into the mechanics of trading with Top One Trader, illuminating their security features like Equity Shield and trading rules. Different types of challenges offered by the firm provide flexibility and opportunities for both novice and experienced traders to grow. Highlights include their one-step and two-step challenges, as well as instant funding options, catering to various risk appetites and trading styles.

In conclusion, Stacked Trader weighs the pros and cons of trading with Top One Trader. The firm stands out for its competitive fee structures, effective scaling plans, and policy on news trading, which can be advantageous during high-volatility periods. However, there’s room for improvement in aspects like payout timelines. Nevertheless, for traders seeking a robust platform with lucrative growth potential, Top One Trader presents a compelling option.

Chapters

• 00:00 - 00:30: Introduction and Overview The introduction provides an overview of the speaker's experience with top one Trader over the past month and a half. The chapter outlines the structure of the review, which includes an initial overview of the platform, an analysis of requirements for various challenges, a look into three different top one Trader accounts to examine live spreads and trading conditions, and a discussion of the pros and cons of using this trading service.
• 00:30 - 01:00: Referral Link and Company Background The chapter titled "Referral Link and Company Background" discusses how viewers can try out 'Top One Trader' by utilizing a referral link provided in the video description. Using the link may offer access to promotions or discounts related to the purchase of a challenge. The chapter emphasizes the opportunity for those serious about exploring Top One Trader. Additionally, it provides a brief overview of the company, stating that 'Top One Trader' is a prop trading firm established in early 2014. Despite being relatively new, it has gathered over 1,000 reviews, indicating a notable presence and impact in the trading industry.
• 01:00 - 02:00: Trading Platforms and Support The chapter explores various trading platforms and their support, highlighting user satisfaction and efficient payout processes. It mentions Top One Trader, a trading service with high user ratings, and notes that payouts typically take around one hour and 60 minutes to be delivered. The platforms available through Top One Trader include Trade Locker, Match Trader, and C Trader, which are all integrated to enhance the trading experience. The chapter also includes video testimonials from users who successfully received payouts, indicating effective platform performance.
• 02:00 - 03:00: Equity Shield and Account Scaling Chapter discusses the integration of trading view charts within specific trading tools. However, it notes that C Trader is unavailable for US citizens, who are limited to using Trader Locker and Match Trader. Additionally, it highlights the world-class support offered by Top One Trader, where customer support is highly responsive. The chapter also introduces the function of Equity Shield, though specific details are not included in the transcript provided.
• 03:00 - 04:00: Consistent Payout and Challenge Fee Refund The chapter discusses the functionality of a trading tool that automatically closes trades if certain loss thresholds are met. Specifically, it closes trades if the daily loss on any single symbol exceeds 2% or if the loss on all symbols combined exceeds 2.5%. While this feature may not be necessary for experienced traders who already practice sound risk management, it serves as a safety net for beginner traders or those who occasionally neglect to set stop losses, ensuring they don't incur excessive losses. The tool essentially acts as a safeguard against significant trading errors.
• 04:00 - 06:00: One-Step Challenges The chapter titled 'One-Step Challenges' focuses on scaling trading accounts to a significant amount, specifically up to 5 million. The process of scaling is straightforward: if a trader achieves a 25% growth in their account over three months, with at least an 80% growth each month, they are eligible to scale their account. Notably, the scaling is dependent on overall growth, allowing traders to withdraw profits without affecting the growth metrics.
• 06:00 - 08:00: Two-Step Challenges The chapter titled 'Two-Step Challenges' discusses changes and updates to payout policies for different account types. Initially, a one-step account allowed requesting a payout every 30 days, with an option to adjust this to a 14-day cycle. However, the focus of the chapter is on the two-step accounts, where the payout window has been reduced to every 14 days, highlighting a shift towards more frequent payouts. Additionally, there's an option available for instant payouts, adding flexibility for users.
• 08:00 - 09:00: Instant Funding Challenges In the chapter 'Instant Funding Challenges,' the text explains the process for requesting a payout after meeting certain consistency rules. Specifically, traders can request payouts anytime after achieving a 30% consistency rate. The payout is guaranteed to be processed within 24 hours of the request, attributed to the policies of 'top one Trader.' Furthermore, they promise a 100% refund of the challenge fee, transforming the perception of purchasing challenges from an expense to an investment. The chapter concludes with a segue into discussing various challenges available for traders.
• 09:00 - 14:00: Hidden Rules and Trading Restrictions The chapter titled 'Hidden Rules and Trading Restrictions' discusses the offerings of a trading platform known as 'trader offer'. It covers various trading challenges such as one-step challenges, two-step challenges, and instant funding options. The one-step challenges are highlighted as being particularly popular due to their affordability, claiming to have some of the lowest prices in the industry. Upon purchasing a challenge, traders gain access to a comprehensive trading course. The chapter also mentions a profit-sharing model that can reach up to 90%, but it points out that achieving this high level of profit split requires purchasing an additional addon.
• 14:00 - 18:00: Review of Spreads on Different Platforms This chapter reviews spreads on different platforms, specifically focusing on the criteria for passing a trading challenge. The profit target is set at 10% with no time limit, meaning traders need to grow their account by 10% without a deadline. Additionally, the daily loss limit is 5%, calculated at 5:00 p.m. Eastern, based on the higher of the account balance or equity.
• 18:00 - 21:00: Pros and Cons of Top One Trader The chapter discusses the rules for calculating percentages for a top trader scenario. It explains that the value used for calculations at 5 PM Easter is based on whether equity or balance is higher, with 4% being deducted from that value. The calculation for maximum trailing drawdown is explained to be based on the initial balance at the start of trading.
• 21:00 - 21:30: Conclusion and Call to Action The chapter discusses the concept of maximum drawdown in trading accounts. It explains that as the account balance increases beyond a certain threshold, the maximum trailing drawdown is adjusted accordingly to cap at the initial account balance. For instance, in a $10,000 account, once the balance hits $10,700, the drawdown limit locks at $10,000. It concludes that an account is breached only if the balance falls below this set limit, urging traders to monitor their account balance closely to stay within safe drawdown levels.

Top One Trader Review: Should You TRADE With This Prop Firm? (Tested) Transcription

• 00:00 - 00:30 I've been testing and reviewing top one Trader for the past month and a half and now I'm ready to tell you my honest review more specifically first I'm going to give you an overview of this proper then I'm going to analyze all the requirements for the various challenges and answer the most common question about them after that we are going to log in in three different top one Trader accounts to check out the live spreads and see how the trading condition are and lastly I'm going to tell you all the pros and cons about using top one Trader if at any point during this video you
• 00:30 - 01:00 also would like to try top one Trader you can do so by clicking the first link in the video description using that link will allow you to purchase a challenge taking advantage of any promotion or discount currently available so if you're serious about trying top one Trader I suggest use that link and now let's start with the review so top one Trader is a prop firm that was created at the beginning on 20124 and even if they relatively new in the space during this time they were able to accumulate more than 1,00 review
• 01:00 - 01:30 with an average score of 4.5 which is my opinion is pretty good additionally here on the own page of the profer we can also see a few video testimonials of people that use top one Trader and managed to successfully get a payout that as we can see here on average it take only 1 hour and 60 Minute to get delivered when it comes to trading platform top one Trader allow you to use trade Locker match Trader and C Trader I think that this is a good combination especially because trade locker and match Trader are integrated with trading
• 01:30 - 02:00 view so this means that you'll be able to use the trading view charts inside these tools I also would like to point out that in case you live in the United States unfortunately you won't be able to use C Trader so if you are a US citizen you can only use Trader locker and match Trader a few more characteristics that I would like to point out about top one Trader are the worldclass support in fact once you open a ticket using the live chat on average you'll be paired to a customer support agents in around 60 seyo then we have Equity Shield this specific function of
• 02:00 - 02:30 top one Trader automatically close your trades if your daily loss exceeds 2% on any one symbol or 2.5% on all symbols I know that if you're an experienced Trader this function is probably not useful for you because you understand proper risk management and so every time you open a trade you always set a stop loss but in case for example you forget about using a stop loss or maybe you are a beginner Trader that want to swing for the fences every time you open a trade it's good that you know that this function is in place so that you can
• 02:30 - 03:00 never basically lost your entire account on one single trade then you have the opportunity to scale your account up to 5 million the scaling plan is really simple basically if you manage to reach a 25% growth on your account in the past three month and on each month you need to have at least an 80% growth you are then entitled to scale up your account the scaling is based on the overall growth this means that as you grow your account you can withdraw your profit and they won't be deducted from the overall
• 03:00 - 03:30 growth percentage and then let's talk about the consistent payout as you can read here usually you'll be able to request a payout 30 days after being funded and then every 14 days but recently the rules have changed in fact as you can see from this page when it comes to One Step account you can request a payout every 30 days or if you want you can add the diadon to request payout every 14 days when it comes to twostep account instead the payout Windows has been reduced to 14 days and if you want adding the instant payout
• 03:30 - 04:00 Adon you'll be able to request a payout any time after meeting the 30% consistency rules not only that top one Trader also guarantee that your payout will be processed in maximum 24 hours from your request lastly top one Trader also guarantee a 100% challenge fee refund so this means that whenever you buy a challenge you shouldn't see that as an expense but rather as an investment in fact if you pass your challenge you're going to receive back all the money that you invested now let's talk about the various challenges
• 04:00 - 04:30 the top one Trader offer so as you can see we have one-step challenges twostep challenges and instant funding so let's start with onestep challenges that as you can see are also the most popular so we have different sizes and the prices in my opinion are really affordable are probably some of the lowest in the entire industry once you purchase one of these challenges you're going to get access to a full trading course the profit split is up to 90% but as you can see there is disaster is because you have to buy an addon to get to the 90%
• 04:30 - 05:00 profit split the profit Target is 10% and the time limit is unlimited so this means that to pass the challenge you just need to grow your account 10% and you don't have any time limit to do it now let's talk about the daily loss limit as you can see is a maximum amount of 5% so basically at 5:00 p.m. Eastern each day the da loss limits is calculating by taking the higher value of your account balance or or Equity So
• 05:00 - 05:30 based on which one is higher they're going to take that value and then subtracting 4% so if by 5 PN Easter your Equity is higher that's the value that is going to be used to calculate the 4% if at 5 PN Easter your balance is higher that's the amount that is going to be calculated to take the 4% okay when it comes instead to the max trailing draw down this one instead is calculated based on the initial balance as soon as you start
• 05:30 - 06:00 your Max draw down is set at 7% then as your account balance increase also the Max draw down increase until you reach your initial balance okay so for example on a $10,000 account once your account reach a balance of $10,700 the max trailing draw down is going to lock at 10,000 which is your initial balance and from that point on the only way to breach your account is if your B balance goes below
• 06:00 - 06:30 $10,000 okay then the maximum Leverage is 10 to one and you're also allowed to all trades over the weekend also expert advisor are allowed but as I'll show you later there are a few rules that you need to follow if you want to be able to use expert advisor now let's talk about two steps account so as you can see also in this case once you purchase your challenge you're going to get access to a full trading course your profile split is going to be up to 90% and you're
• 06:30 - 07:00 going to have two different profit targets for phase one is going to be 8% while for phase two is going to be 5% the daily loss limit in this case is 5% and is calculated in the same way so every day at 5 PN Easter they're going to take the higher value of your account balance or your account equity and subtract 5% in this case the Max draw down is static so it means that it doesn't follow you so for example on a $1,000 account your account is going to be breached if your balance goes below
• 07:00 - 07:30 $99,000 and is always stay the same in this case you have a consistency rule of 50% so this means that a single trade cannot represent more than 50% of the overall profit of your account when you pass the challenge so in this case for example if you have a $10,000 account and the profit Target is 8% it means that you need to generate $800 in profit the consistency rule is 50% so you cannot have a single trade that generate more than 400 $0000 in case you did so
• 07:30 - 08:00 let's say that you have a trade that generate $700 now your profit Target is increased to 1,400 because 700 is the 50% of 1,400 okay you have a maximum leverage of 30 to1 you are able to all trades over the weekend even in this case the time limit is unlimited so you can take as much time as you want to pass your challenge and again you can use expert advisor lastly the other type of
• 08:00 - 08:30 challenges the top one Trader offer are instant funding in this case when it comes to these challenges as soon as you pay you immediately get allocated capital and you don't have to pass any challenges you're going to get access to a full trading course the profit split is up to 90% if you purchase the Adon as I was tell you you don't have to eat any profit Target because you are funded immediately and you have a maximum trailing draw down of 6% so also in this case the draw down is going to follow you until you reach a profit of 6% at
• 08:30 - 09:00 that point the draw down is going to lock at your account balance and the only way to breach the account is if your overall balance goes below the initial balance you're going to have a leverage of 10 to1 you're going to be able to hold trade over the weekend but in case of instant funding you're going to need to purchase an Adon to all trades over the weekend your time limit is going to be unlimited and in this case the consistency rule is 20% so is a bit lower than the ch step and the only
• 09:00 - 09:30 platform that you can use to trade instant funding is going to be trade Locker while for one step challenges and two step challenges you can also use MCH Trader and C Trader so before I log in into the top one Trader accounts I would like to show you a few hidden rules related to the challenges that are not fully explained on this table first of all when it comes to the expert advisor or ey time frame trading as you can see expert advisor are welcomed and you can use them but they shouldn't be standard
• 09:30 - 10:00 expert advisor this means that they need to be customized you cannot simply buy a software online and plugged in into top one Trader you need to customize it a bit so that is unique in fact as you can see here commercially available EAS with the automated trading algorithm are not allowed under any circumstances also when it comes to I frequency trading is streetly prohibited in case of top one Trader what they defin as high frequency
• 10:00 - 10:30 Trader are basically all the trades that are holded for less than five minutes so if you a scalper the trade on the one minute chart my suggestion is that you should look at your stats and see what is your average holding times because if it is below 5 minutes I think that top one Trader might not be the Prof firm for you but in case it's higher so for example you hold for 10 minutes 15 minutes in that case you can use the one minute chart for your entry and you won't have any problem other the rules that you should be aware when it comes to top one Trader are the fact that
• 10:30 - 11:00 latency trading or latency Arbitrage is not allowed also copy trading or group trading is not allowed in fact if they detect that multiple Traders for example are opening the same exact position at the same time and closing it at the same time this can put your account in trouble because it's a clear sign that you're following trading signals also edging is not allowed while when it comes to news trading there are a few rules that you need to follow so while you are getting your account
• 11:00 - 11:30 funded you can basically trade the news in whatever ways you want you don't have any restriction the Restriction starts once you get your funded account in fact for example as you can see here you cannot open or close a trade within 5 minutes before and after high impact news but if you open a trade 5 hours before this news during the news event you can keep your trade open but you cannot do any changes so you cannot move
• 11:30 - 12:00 the take profit you cannot move the stop loss you cannot move partial you have to leave the trades as it is and if we click here on more info we can see a few more information on how news trading is handled by top one Trader so as you can see we have some clarification on executing a trade so this means that opening or closing any pending order or executing a market order is classified as executing a trade so you cannot do it and as I was telling you before you have a 10 minutes news restriction so 10
• 12:00 - 12:30 minutes before and 10 minutes after no trade is allowed and also no modification is allowed like for example modifying stoploss or take profit additionally we also have a definition of high impact news so all news that are Market as red folder are classified as high impact news so we should look for them so if a news is not classified as a red folder you can still trade it if it doesn't directly impact your pay what I mean is that if for example there is a yellow of orange news that influence jbp
• 12:30 - 13:00 and you're currently trading Euro USD in that case you can have your trade open you can do modification because that low impact news is not affecting the pair that you are trading so let's go back to the trading rules and let me show you the other one grid trading is not allowed marting Gale strategy is not allowed using third party Services you know to pass your challenge is not allowed masking aspect advisor gamb over leverage of YOLO trading so basically
• 13:00 - 13:30 when you start trading in a reckless way or you start risking high percentage of your account on a single trade and then also using multiple EP address or rolling churny of account so basically buying accounts in bulk and then basically gambling on all of them hoping that at least one is going to pass I know that these rules might seem restrictive but the truth is that if you are a real Trader you have a proven strategy you won't affected by any of
• 13:30 - 14:00 these rules you'll be able to trade profitably you'll be able to apply your strategy manage your risk and slowly accumulate profit over time so basically all these rules are created to stop people that basically use profm as casinos so now that I give you a complete overview of all the challenges let's log in in three different top one Trader accounts and let's check out their spread so right now as you can see I'm inside match Trader on a top one
• 14:00 - 14:30 Trader account and these are the spread that I currently get in my opinion I think that they are pretty good like for example a spread of only six on USD gpy seven on gpp USD I think that they are good and they give you trading condition that will allow you to trade profitably as you can see the difference is super tight as I told you at the beginning also with match Trader you are able to use trading view by simply clicking on this bottom as you can see the chart has changed change and now you have the
• 14:30 - 15:00 trading view interface you can use all the various indicator you can use the drawing tools so if you're familiar with trading view I think that you know match Trader and Trader lock are really good Alternatives and as I was tell you the spreads are decent are good we can check here on all symbols here we can have a look at all the assets that we can trade you see for example when it comes to Forex as you can see we basically have all the majors even a few you know minors or exotic of course in these
• 15:00 - 15:30 cases the spread are going to be higher but that's not something specific of top one Trader that's something that every Pro firm and also broker has and so yeah these as you can see are the spreads that we have on Match Trader so now we are inside a trade Locker account for top one Trader and as you can see also in this case the chart that we have is taken from Trading view here on the right we can see all the instruments that we are able to trade and on this column we can see the spreads again also
• 15:30 - 16:00 in this case I think that the spreads are pretty tight so you shouldn't have any problem trading with them there is a multitude of assets that you can choose from you know going from Forex major Forex minors you can have Metals you can have indices of course on certain pairs the spread is going to be a lot high but that's as I told you before that's expected but for example a spread of only one on us EUR USD as you can see this is the Bid And this is the ask so
• 16:00 - 16:30 this is really tight also on gbpusd so on the most important pirs the spread are always going to be good here we have the maximum leverage allowed so as you can see we have the Dax ESP 35 fra 40 so these are indices you know various European country you know jpn Nas SP 500 so a few more indices gold spread on gold I think is really good and then a few crypto so these are the spreads that
• 16:30 - 17:00 you can expect when you use trade the locker and top one Trader lastly let's check the spread that top one Trader has when it comes to C Trader but remember as I told at the beginning if you are from United States you won't be able to use this sharting Tools in fact in your case you will only be able to use trade locker and match Trader so in this case let's say for example you USD right now the spread is 1.6 so again really good let's check some other pairs let's go on
• 17:00 - 17:30 the Forex let's say for example AUD CAD in this case the spread 0.8 so we can see the difference between the sell price and the Buy price okay pretty small now let's say for example that we want to see gold which I know is really popular as you can see in this case the spread is a bit higher I'm going to be honest probably not the best if you're planning to trade gold I would suggest use trade Locker or match Trader here on see Trader it doesn't seem to be the best spread overall let's see some other
• 17:30 - 18:00 Forex pair let's go for example for JPB JPY which you know another pretty popular Forex paay indicator spread 0.6 okay I would say acceptable you know we can see there is really low difference between the sell and the Buy price so as we seen if you're planning to use C Trader I suggest you stick to Forex maybe on things that are a bit more volatile like let's say metals and indices is you may get higher spread
• 18:00 - 18:30 compared to trade locker and match Trader so now that I give you a full overview a top one Trader I explain you how the challenges work and I also show you the various spreads of the trading platform that you can use let me tell you what in my opinion are all the pros and cons about top one Trader so the first pro in my opinion are the low prices in fact as we have seen right now top one Trader has some of the lowest prices when it comes to challenges in the prop firm world and the condition in
• 18:30 - 19:00 my opinion are also decent in fact sometimes you may find prop firms that have lower prices but then when you look into the condition usually the condition are worse I think that top one Trader is at the perfect balance between good trading condition and low prices the second Pros are the spreads in fact as we just finished seeing the spreads overall are good and I think that no matter your trading Style with this type of spread you'll be able to be profitable the third Pro in my opinion
• 19:00 - 19:30 is the scaling plan in fact if you are a consistently profitable Trader with top one Trader you can get up to 5 million allocation which is a huge sum of money to have under management so if you already proven yourself to be profitable this Pro firm is perfect for you because it will allow you to scale your Capital over time and be able to manage huge amount of money and the four Pro is the fact that news trading is allowed as we seen there are a few rules that you need
• 19:30 - 20:00 to follow but it's good that during the news you can still hold your trade in fact there are Prof firms that actually require you to close the trade 5 to 10 minutes before the news instead in the case of top one Trader as we have seen you can still keep your trade open you cannot do modification I understand it but you can keep the trade open and so if you do proper planning this will allow you to take advantage of the news when it comes to cons the only one that I found while reviewing top one Trader is the length of the pay pay out in fact it's true that on one side top one
• 20:00 - 20:30 Trader guarantee that your payout will be processed in 24 hour and on average is only take a bit more than one hour for the payout to be processed so in this regard they are pretty fast and efficient what I'm talking about is the fact that if you don't want to purchase any addon you will have to wait quite a bit of time before receiving your first payout I think that this aspect of this platform can be drastically improved in fact for example instead of having the standard payout for the one step being 30 days they could reduce it to 14 days and then give you the addon to receive
• 20:30 - 21:00 the payout in 7 Days of course I don't think that this is a deal breaker because you're still going to receive your money a top one Trader has proved to always pay his Trader so there you have it this was my review of top one Trader as I told you at the beginning if you would like to try this prop firm you can do so by clicking the first link in the video description using that link will allow you to purchase a challenge taking advantage of any discount or promotion currently available if you enjoy this video please leave it
• 21:00 - 21:30 a like and until next time happy trades