Top 5 Prop Firm with 1-Step Accounts

11 months ago 0

Introduction

In the dynamic world of trading, prop firms have become a bridge for traders to achieve financial success. Prop firms offer so-called 1-step accounts, a unique concept that allows traders to instantly gain access to large trading capital without having to go through many stages of evaluation. The existence of 1-step accounts is especially important for traders who want to quickly enter the market with sufficient funds to make large transactions.

In the following article, we will introduce you to the top 5 prop firms that offer 1-step account programs, helping you to make the right decision in your trading career.

What is a 1-Step Account?

A 1-step account is a program offered by prop firms where traders only need to pass one stage of evaluation before becoming a funded trader. This is in contrast to multi-stage accounts which usually require a series of tests and evaluations. With a 1-step account, traders can get into trading faster with solid financial backing.

Why Choose a 1-Step Account?

Eliminates the lengthy and complex evaluation process of a multi-stage system.
Allows traders to focus directly on developing and implementing trading strategies.
Gives traders the opportunity to capitalize on market opportunities immediately.
Saves time, speeding up the process of becoming a professional trader.
Ideal for traders who are confident in their trading abilities and want to progress quickly.

Top 5 Prop Firm with 1-Step Accounts

FXIFY

FXIFY: The Best Solution for Forex Traders in 1-Step Accounts

FXIFY distinguishes itself with an innovative approach to identifying talented traders through a carefully structured one-stage evaluation program. This unique selection process sets FXIFY apart in the world of prop trading firms. What makes FXIFY even more remarkable is its offer of potential access to up to $4,000,000 in trading capital.

FXIFY’s investment in technology is seen in its advanced trading dashboard. It offers comprehensive trading analysis, account metrics, and trading journals, which are crucial for trader growth and performance evaluation. The availability of MetaTrader 4 and MetaTrader 5 platforms further enhances the trading experience, catering to various trader preferences.

Features and Benefits of FXIFY

Large Trading Capital: Potential access to up to $4,000,000 in trading capital.
Support for Investors: Opportunity to access up to $400,000 in prop funds.
Fastest Payouts: FXIFY provides the fastest payouts in the prop trading industry.
Partnership with FXPIG™: Ensures superior trading conditions.
Extensive Access: Over 300 trading symbols across multiple asset classes.
Advanced Trading Dashboard: Offers comprehensive trade analysis and account metrics.
MetaTrader Platforms: Availability of MetaTrader 4 and MetaTrader 5.
Freedom in Trading: No restrictions on trading style, including the use of expert advisors or automated trading strategies.

One Phase Evaluation Program by FXIFY

FXIFY’s One Phase Evaluation Program is built for forex traders who want to accelerate their challenge phase. Traders can instantly get funds with one simple step.

The program is tailored for traders who want to accelerate their access to a funded account. The program consists of a single evaluation, which means traders only need to complete one evaluation phase to qualify for funding. Traders can also customize their program according to their trading needs based on their strategy.

FXIFY One Phase Account Rules

High Leverage: Allows traders to utilize greater leverage for their trades.
Additional 15% Bonus on Profit Sharing: Traders receive 90% of trading profits on funded accounts.
Bi-Weekly Payouts: Efficient payment system to ensure traders receive their earnings regularly.
Customized Account Options: Accounts can be customized to meet each individual’s trading style and needs.
Focus on Risk Management: The program is designed to suit low-risk trading and strict money management rules.
One Phase Evaluation: Requires completion of only one evaluation phase to qualify for funding.

1of1 Funding

1of1 Funding: Launching Trading Career with One-Step Account Model

1of1 Funding is not just a prop trading firm, but a community of traders committed to mutual success. Unlike other firms that only claim to support traders, 1of1 Funding actually proves their support by providing up to 100% payouts. Backed by a team of traders, 1of1 Funding understands your needs and designs trading models that support traders’ success.

Located at 151 Calle de San Francisco, San Juan, Puerto Rico, 1of1 Funding offers an account model that makes it easy for traders to achieve their funded trading goals. By following the established rules, you can unlock your trading potential and enjoy faster funding.

Features and Benefits of 1of1 Funding

Wide range of Account Sizes: Ranging from $6,000 to $200,000, giving you options to suit your trading preferences and risk tolerance.
Refund Policy: If you pass the evaluation, the fee will be refunded within 14 days after your first payment.
Diverse Tradable Markets: Access to a wide range of markets including Crypto, Stocks, Forex and Indices, allowing exploration of opportunities across asset classes.
Profit Sharing: Enjoy up to 100% profit sharing for all account sizes, maximizing your earnings as you go through the stages.
Leverage: Leverage options of up to 100:1, providing flexibility and strategic advantage in your trading.
Scaling Plan: With consistent performance, you qualify for the Scaling Plan, allowing for a gradual increase in account balance.
Weekend Holding: Take advantage of weekend market movements without restrictions, aligned with your trading strategy.
News Trading Allowed: Stay ahead of fast-moving market news events without restrictions, allowing you to adapt to dynamic market conditions.

1-Step Account Model by 1of1 Funding

With a 1-Step account model designed for traders who want to quickly pass the challenge and get funded faster, 1of1 Funding offers a more streamlined approach with a single evaluation phase. This speeds up your entry as a funded trader, maintaining the same account size range as the Standard Account.

1-Step Model Account Rules

Daily Loss Limit: Set at 4%, which means traders must manage their trades so that daily losses do not exceed that figure.
Total Loss Limit: Set at 6%, as the maximum acceptable loss on the account before being considered to have failed the challenge.
Profit Target (1 Phase): The first phase profit target of 8%, aiming to meet this target in one phase to accelerate the journey towards funded trades.
No Time Limits: Execute your trading strategy at your own pace as there are no time restrictions.
Payouts Every 14 Calendar Days: Receive bi-weekly payouts for your efforts, ensuring a consistent stream of income.

Express Funded

Express Funded: Accelerate Trading Success with One Strategic Move

Express Funded is a prop trading firm that offers more than just funding; they are a community of traders committed to supporting mutual success. With strong roots in Ghana and South Africa, Express Funded delivers a world-class trading experience that reaches across the globe.

Express Funded encourages traders to achieve financial success through unique phase 1 and 2 challenges and customized funding options. With the full support of FX GOAT FOREX TRADING ACADEMY and KOJO FOREX ACADEMY, you will benefit from the latest educational materials and effective trading strategies.

Partnered with Purple Trading SC, a trusted broker regulated by the SFSA, we guarantee a secure trading platform, low spreads, and fast execution to support your success in the forex market.

Features and Benefits of Express Funded

Wide Range of Account Sizes: Choose from a range of account sizes, from $5,000 to $200,000, to suit your trading preferences and risk tolerance.
Refund Policy: Challenge fees are refunded after the second withdrawal from a funded account.
Diverse Markets: Access a wide range of markets including Forex, Commodities, Crypto, and Indices.
Profit Sharing: Enjoy up to 90% profit sharing, maximizing your earnings.
Leverage Options: 1:100 leverage, providing flexibility in your trading.
Scaling Plan: With consistent performance, have the opportunity to scale your account up to $5 million.
Weekend Holds: Allowed to hold open positions over the weekend.
News Trading: Allowed to stay ahead of market news events without restrictions.

Express Funded Phase 1 Challenge

Express Funded Phase 1 Challenge is the flagship program of Express Funded that allows traders to quickly pass the evaluation phase and start trading with funds provided by the company. This is an opportunity that every ambitious trader dreams of, giving them the chance to prove their trading skills in one structured evaluation phase.

Phase 1 Challenge Account Rules

Account Size Flexibility: With account options ranging from $5,000 to $200,000, Express Funded accommodates a variety of trading styles and strategies, allowing you to tailor your trading capital to your financial goals.
Diverse Trading Markets: The program provides access to Forex, Commodities, Crypto and Indices markets.
Attractive Profit Sharing: Enjoy up to 90% profit share of your trading profits, providing a highly lucrative incentive.
Daily Loss Limit: Practice prudent risk management with a daily loss limit set at 3%.
Total Loss Limit: Keep your trades from exceeding a total loss of 10%, allowing you to stay in the game and reach your profit target.
Profit Target: Achieve a 10% profit target in one phase to speed up the process of becoming a funded trader.
No Time Limit: Express Funded gives you the freedom to reach your profit target without the time pressure that can hinder trading decisions.
Regular Payouts: Once successful, enjoy regular payouts every two weeks, guaranteeing a consistent stream of income from your trading success.

The 5%ers

The 5%ers: The Top Choice for Forex Traders with Hyper Growth Program

The 5%ers is a trader funding company that focuses on the career growth of forex traders around the world. Rather than a broker, the company provides capital funding to individual forex traders, giving them the opportunity to trade with substantial funds without any personal risk or additional costs. Built by professional traders, The 5%ers aims to open up a wide-open career path for forex traders who can demonstrate exceptional trading skills. Trading on The 5%ers platform is a privilege given to those who have mastered the art of trading.

Features and Benefits of The 5%ers

No Time Limits: Traders are given the freedom to trade without time restrictions, allowing for account growth of up to $4 million.
Bonuses at Every Level: Receive additional bonuses on top of profit sharing after each level is exceeded.
Weekend Trading: Allowed to leave positions open over the weekend.
Flexible Leverage: Offers 1:30 leverage that can be customized to suit trading needs.
News Trading Allowed: Trading during news is allowed, giving more flexibility to traders’ strategies.
Access to a Wide Range of Assets: Provides access to trade a wide range of assets including Forex, metals, and indices through the MT5 platform.

Hyper Growth Program by The 5%ers

The Hyper Growth Program from The 5%ers is designed as the program with the highest success rate in the industry. With this program, traders are free to trade without time pressure and potentially grow their accounts up to $4 million. The specifications of the program allow traders to double their funded account at each target milestone, with target profits, maximum losses, and daily whales remaining consistent throughout the funded stages.

The program also provides the flexibility to hold positions open over the weekend and allows news trading. With 1:30 leverage and access to a wide range of assets such as FX, metals, and indices on the MT5 platform, this program offers one of the most superior growth schemes in the market. The Hyper Growth program suits the needs of traders who want fast and effective capital growth.

Hyper Growth Program Account Rules

No Minimum Trading Obligation: There is no minimum number of trades or trading days required to complete the first level.
Payout Cycle: The first payment is made 14 days after receiving a funded account, followed by payments every two weeks.
Inactivity Policy: Accounts that are inactive for more than 14 consecutive days will be declared expired.
Diverse Margin Requirements: Each asset group has different margin requirements which affect leverage
Available Assets: Including Forex currency pairs, metals, and indices.
Platform Usage: MT5 in desktop, web, and mobile versions.
Weekend Indices: Allowed with higher swaps.
Level 1 Achievement: This can be completed immediately upon reaching the profit target.

Earn2Trade

Earn2Trade: A Trader’s Career Path for the Future in Futures Trading

Earn2Trade is a futures trading education and evaluation company that offers flexible funded trader evaluation programs and extensive educational content. Earn2Trade’s primary mission is to connect traders with prop trading firms through one-step evaluations on simulated accounts, assessing each candidate’s skills, discipline, and risk management abilities.

With a focus on education and evaluation, Earn2Trade provides an opportunity for traders to develop their skills in a supported and structured environment. This makes it an ideal platform for those who are serious about building a career in futures trading and achieving success in this field.

Features and Benefits of Earn2Trade

Education and Evaluation: Earn2Trade provides flexible education and evaluation programs to help traders at all levels develop a professional futures trading career.
Earn2Trade Mission: Help connect traders with prop trading firms by offering one-step evaluations on simulated accounts that test proficiency, discipline, and risk management skills.
Free Educational Facilities: Provides access to educational materials and advanced trading tools at no cost.
Trader Career Path: A program that provides a clear path to trading futures professionally with a $25,000 or $50,000 virtual account.
Payouts and Progression: Upon passing the exam, traders receive funding and join a trading firm, with the opportunity to acquire a $400,000 trading account with a fixed drawdown.

Trader Career Path by Earn2Trade

Trader Career Path is Earn2Trade’s flagship program, designed specifically for futures traders who want to pursue a professional career in this field. The program offers a clear and structured path to achieving success in futures trading, with an emphasis on skill development, discipline, and effective risk management.

Trader Career Path Account Rules

Test Trading Skills: Start with a $25,000 or $50,000 account and work your way up to $200,000 or $400,000.
Get Funded: After successfully passing the test, traders get the opportunity to join a prop trading firm and are given a funded trading account.
Minimum Trading Days: Minimum 15 days of trading and must follow the progression ladder.
Consistency in Trading: Must not be at or below the daily loss limit.
Allowed Trading Time: Trading must be done within the approved timeframe.
Pass Evaluation and Upgrade Live Account: After passing the evaluation, traders can increase their live account size.

Earn2Trade Discount

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1-Step Account Prop Firms Comparison

FXIFY

FXIFY stands out with potential access to up to $4,000,000 in trading capital, and advanced trading technology including analytical dashboards and MetaTrader 4 & 5. Although fees are not mentioned, their one-stage evaluation program provides a fast track for traders to secure funding, perfect for traders who are confident in their strategies and want quick access to large markets.

1of1 Funding

1of1 Funding, based in San Juan, Puerto Rico, promotes a model that makes it easy for traders to achieve the goal of funded trading. They offer accounts ranging from $6,000 to $200,000, with a policy of refunding fees upon success. Profit sharing of up to 100% and leverage of up to 100:1 make them an attractive option for traders looking for flexibility and substantial funding.

Express Funded

Express Funded, with its roots in Ghana and South Africa, offers not only funding but also being part of a global community of traders. They offer account sizes from $5,000 to $200,000, with a fee refund policy and profit sharing of up to 90%. With support from FX GOAT FOREX TRADING ACADEMY, they provide added value through professional education and support.

The 5%ers

The 5%ers, focused on the career growth of forex traders, offers a unique Hyper Growth program with potential account growth of up to $4 million. They allow trading without time restrictions, bonuses at every level, and access to a wide range of assets through the MT5 platform, making it an ideal choice for traders who want fast and sustainable career growth.

Earn2Trade

Earn2Trade, offers a career path for futures traders, with a focus on education and evaluation. Their Trader Career Path program allows traders to start with a $25,000 or $50,000 simulated account and develop their skills before securing funding. This is suitable for traders looking for a comprehensive education and a gradual approach to their trading career.

Conclusion

In the age of fast-paced and dynamic trading, 1-step accounts from various prop firms have revolutionized the way traders approach the markets. By minimizing entry barriers and reducing lengthy evaluation processes, 1-step accounts provide traders with a golden opportunity to jump into market action with strong financial backing. This feature in particular provides significant benefits to traders who are confident in their abilities and ready to capitalize on market opportunities as quickly as possible.

If you’re a trader who wants quick access to substantial capital and has confidence in your trading strategy, a firm like FXIFY could be the right choice. For those who value community and educational support, as well as more flexible funding, firms like Express Funded and The 5%ers may be a better fit. Additionally, with 1of1 Funding traders can collaborate directly with the prop firm to design a funding strategy that suits their goals and trading style. Meanwhile, for futures traders who prioritize education and skill development, Earn2Trade offers a structured and comprehensive path.

Overall, these prop firms with 1-step accounts offer a range of options suitable for different types of traders, from those looking for large funding quickly to those who need more structured education and evaluation support. Choosing the right one depends on individual trading goals, risk preferences, and educational needs.