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Top One Trader

Top One Trader

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CEO

Matt Morris

Country
USUS
Date Created
01/09/2023

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Firm Overview

Broker:

Purple Trading Seychelles

Purple Trading Seychelles

Platforms:

cTrader

cTrader

Trade Locker

Trade Locker

Match Trader

Match Trader

MT5

MT5

Payout Methods:

Riseworks

Riseworks

Crypto

Crypto

Payment Methods:

Crypto

Crypto

Credit/Debit Card

Credit/Debit Card

Instruments and Assets

Type of Instruments:

CFD

Assets:

FX

Metals

Indices

Crypto

Challenges

Account SizeStepsProfit TargetDaily LossMax LossProfit SplitProfit FrequencyLoyalty PointsPriceDiscounted Price
25,000 1 Step10%%4%7%
75%
30 days after funding, then every 30 days. Bi-weekly payouts add-on available at checkout.
265
$199.00
$59.70
70%off
Buy
100,000 InstantNone%%6%
60%
30-Day Base w/ Option to upgrade to instant payouts after hitting the consistency target.
1
$1057.00
$317.10
70%off
Buy
5,000 1 Step10%%4%7%
75%
30 days after funding, then every 30 days. Bi-weekly payouts add-on available at checkout.
76
$59.00
$17.70
70%off
Buy
5,000 2 Steps8%, 5%%5%10%
80%
Bi-weekly (both initial and subsequent payouts). Instant payouts add-on available at checkout.
103
$79.00
$23.70
70%off
Buy
5,000 InstantNone%%6%
60%
30-Day Base w/ Option to upgrade to instant payouts after hitting the consistency target.
163
$125.00
$37.50
70%off
Buy
200,000 InstantNone%%6%
60%
30-Day Base w/ Option to upgrade to instant payouts after hitting the consistency target.
2
$2349.00
$704.70
70%off
Buy
50,000 2 Steps8%, 5%%5%10%
80%
Bi-weekly (both initial and subsequent payouts). Instant payouts add-on available at checkout.
440
$325.00
$97.50
70%off
Buy
100,000 1 Step10%%4%7%
75%
30 days after funding, then every 30 days. Bi-weekly payouts add-on available at checkout.
706
$532.00
$159.60
70%off
Buy
100,000 2 Steps8%, 5%%5%10%
80%
Bi-weekly (both initial and subsequent payouts). Instant payouts add-on available at checkout.
852
$699.00
$209.70
70%off
Buy
10,000 InstantNone%%6%
60%
30-Day Base w/ Option to upgrade to instant payouts after hitting the consistency target.
278
$209.00
$62.70
70%off
Buy
50,000 1 Step10%%4%7%
75%
30 days after funding, then every 30 days. Bi-weekly payouts add-on available at checkout.
353
$265.00
$79.50
70%off
Buy
25,000 2 Steps8%, 5%%5%10%
80%
Bi-weekly (both initial and subsequent payouts). Instant payouts add-on available at checkout.
318
$235.00
$70.50
70%off
Buy
25,000 InstantNone%%6%
60%
30-Day Base w/ Option to upgrade to instant payouts after hitting the consistency target.
522
$392.00
$117.60
70%off
Buy
200,000 1 Step10%%4%7%
75%
30 days after funding, then every 30 days. Bi-weekly payouts add-on available at checkout.
1
$999.00
$299.70
70%off
Buy
50,000 InstantNone%%6%
60%
30-Day Base w/ Option to upgrade to instant payouts after hitting the consistency target.
722
$543.00
$162.90
70%off
Buy
10,000 2 Steps8%, 5%%5%10%
80%
Bi-weekly (both initial and subsequent payouts). Instant payouts add-on available at checkout.
168
$125.00
$37.50
70%off
Buy
10,000 1 Step10%%4%7%
75%
30 days after funding, then every 30 days. Bi-weekly payouts add-on available at checkout.
132
$99.00
$29.70
70%off
Buy

Leverages

AssetsInstant1-Step2-Step3-Step

Commissions

FX

Standard: Match Trader: $2.00 per lot per side | TradeLocker: $2.50 per lot per side | cTrader: $2.00 per lot per side | Platform 5: $2.50 per lot per side

Metals

Standard: Match Trader: $2.00 per lot per side | TradeLocker: $2.50 per lot per side | cTrader: commission free | Platform 5: $2.50 per lot per side

Indices

Standard: Match Trader: $2.00 per lot per side | TradeLocker: $2.50 per lot per side | cTrader: commission free | Platform 5: $2.50 per lot per side

Crypto

Standard: Match Trader: $2.00 per lot per side | TradeLocker: $2.50 per lot per side | cTrader: $2.00 per lot per side

Consistency Rules

Instant Funding: 20% Consistency Rule states that no single trading day profit should exceed 20% of the traders total profits accumulated over your trading period, note that there is 15% consistency rule for $200K Instant Funded Accounts. 2 Step Pro Challenge: In Phase 1 and Phase 2, no single trading days profit can exceed 50% of total profits. Once a trader reaches a funded account, the consistency rule adjusts to 30%. To qualify for a payout, no single days profit can exceed 30% of total accumulated profits.

Firm Rules

High Frequency Trading (HFT) or Tick Scalping

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.

Both strategies are prohibited and any gains made from such trades might be deducted.

Latency Trading / Latency Arbitrage / Arbitrage Trading

Executing trades based on delayed market data or exploiting execution delays to secure profits is considered market manipulation. This strategy is strictly prohibited.

Copy Trading / Group Trading
  • You may engage in copy trading between your own Top One Trader accounts or accounts you own at other brokers.
  • Copy trading between multiple accounts not owned by the same individual (including friends or family) is strictly prohibited.
  • Following trade signals or recommendations where multiple traders execute similar trades at similar times is banned.
  • If multiple traders take the exact same trade within a set time, it will flag in the system.

Top One Trader uses an automated system to detect identical or near-identical trades across different accounts. If a flag is triggered, your account will be reviewed. Depending on the severity of the violation, your account may be reset or closed.

Copy Trading on Instant Funding Accounts

For traders with Instant Funding Accounts, copy trading is strictly prohibited. This means you are not allowed to copy trades from any other account to your Instant Funding account, regardless of whether the other account is owned by you or by someone else.

Hedging or Group Hedging Across Multiple Accounts

Hedging using multiple accounts, whether within Top One Trader or across other platforms, is prohibited. This does not reflect proper trading strategy, and risk software detects hedging patterns across various firms.

Hedging within one account is allowed.

News Trading on Funded Accounts

After passing your challenge, funded traders cannot execute new trades or close trades within 5 minutes before and after a high-impact news event. Trades must be opened at least five hours prior to the event.

Grid Trading

Grid trading, which involves placing buy and sell orders on the same instrument with similar risk parameters, is prohibited. It is banned due to its potential for market instability and over-leveraging.

Martingale Strategy

The Martingale strategy involves increasing trade size after losses to cover losses with a future win. This strategy is extremely high risk and is strictly prohibited.

3rd Party Trading or "Pass Your Challenge" Programs

Allowing any third party (including services or companies) to trade on your behalf is prohibited. Using "pass your challenge" services is not allowed.

Masking of Expert Advisors (EAs)
  • You may use EAs to optimize your strategies, but each trader must ensure that their EA parameters are unique.
  • Masking or concealing EAs is prohibited.
  • Commercially available automated EAs or AI programs with pre-programmed trading algorithms are banned.
Gambling, Over-Leveraging, YOLO Trading

We have a strict anti-gambling policy. Excessive risk-taking behavior, such as violating the Max Open Lots Rule on funded accounts or over-leveraging trades (especially around news events), is prohibited.

Such behavior may result in the deduction of profits or account termination.

IP Address Restrictions

Using multiple IP addresses or the same IP address across accounts not owned by you is a violation. We recommend using a single device with a unique IP address. If traveling or moving to another country, please inform Top One Trader, and valid documents may be requested for verification.

Rolling/Churning of Accounts

Acquiring multiple evaluation accounts and using different strategies to pass one while allowing others to fail is known as "rolling" or "churning." This practice is strictly prohibited.

Payout Policies

1-Step Challenge
  • Traders are eligible for monthly payouts, starting from their first trade in the business cycle.
  • With an add-on, traders can opt for bi-weekly payouts after their first payout.
  • The default profit split is 75%, with the potential to increase up to 90%.
  • To qualify for a payout, traders must have a minimum of three profitable trading days.
2-Step Challenge
  • Traders are eligible for Bi-weekly payouts (if purchased after March 20th), starting from their first trade in the business cycle.
  • With an Instant Payouts add-on, traders can withdraw profits immediately.
  • The default profit split is 80%, with the potential to increase up to 90%.
  • To qualify for a payout, traders must maintain a 30% consistency score.
Instant Funding Accounts
  • Traders are eligible for monthly payouts, starting from their first trade in the business cycle.
  • With an Instant Payouts add-on, traders can withdraw profits immediately.
  • The default profit split starts at 60% and can be scaled up to 90%.
  • To qualify for a payout, traders must maintain a 20% consistency score.
  • The minimum payout amount is 2% of the initial account balance.

Restricted countries

  • AfghanistanAfghanistan
  • AlbaniaAlbania
  • AlgeriaAlgeria
  • ArmeniaArmenia
  • AzerbaijanAzerbaijan
  • CubaCuba
  • Iran, Islamic Republic ofIran, Islamic Republic of
  • IraqIraq
  • KazakhstanKazakhstan
  • KuwaitKuwait
  • LebanonLebanon
  • LibyaLibya
  • PakistanPakistan
  • Russian FederationRussian Federation
  • SomaliaSomalia
  • SudanSudan
  • Syrian Arab RepublicSyrian Arab Republic
  • TurkeyTurkey
  • UkraineUkraine
  • Viet NamViet Nam
  • North MacedoniaNorth Macedonia