Compare The5ers vs FTMO vs Funding Traders to choose the right prop firm. These prop trading firms are known for providing unique opportunities with forex funded accounts. Of course, all prop firms require traders to follow a dedicated funding evaluation to qualify for a forex trading account. Some of these companies may set limitations on various trading strategies. As an FX trader yourself, take advantage of this detailed comparison to make an informed decision. Ultimately, your profit potential depends on the prop firm’s reliability in the long run.
As a trusted prop firm, Funding Traders offers a streamlined evaluation to trade bigger and get paid faster. Join Funding Traders for:
- No-Time Limit Evaluations
- Swing Trading Support
- No-Commission On Challenge Accounts
- Up To 100% Profit Splits
- Fastest Weekly Payouts
Keep reading for a comparison between The5ers vs Funding Traders vs FTMO to join the right prop firm for your trading journey.
Challenge Account Fees
First, compare FTMO vs The5ers vs Funding Traders based on challenge account fees. To choose the most efficient prop firm, you must compare evaluation pricing in detail. Of course, you should join a prop firm with structured & valuable pricing for challenge accounts.
The5ers:
Notably, The5ers supports an intriguing pricing structure to support a variety of trading styles. Beginners can join the Bootcamp program for $95 to achieve profit targets on smaller challenge accounts. Meanwhile, more skilled traders can buy dedicated “Hyper Growth” programs starting at $260. In terms of pricing, The5ers aggressive evaluation plans may restrict skilled traders with limited resources to start their FX journey.
FTMO:
Compared to The5ers, FTMO offers even more expensive challenge accounts to start with a funding evaluation. For instance, you can start trading on $10,000 challenge account for a higher fee of $170. For a $200K challenge account, FTMO requires you to pay an initial fee of $1200.
Funding Traders:
Funding Traders supports multiple challenge accounts with affordable fees starting from $100. Whether you’re a beginner or experienced trader, you can choose between multiple challenge accounts best suited for your experience, style, and strategies, including:
- Mini ($10,000) – $100
- Starter ($25,000) – $200
- Basic ($50,000) – $300
- Advanced ($100,000) – $550
- Superior ($200,00) – $1,100
Keep in mind these are one-time payments only required to participate in funding challenges. Upon successfully passing the challenge, you’ll receive a 100% reimbursement with your first profit split payout.
Definitely, challenge account fees is a critical comparison factor between The5ers vs FTMO vs Funding Traders to choose the best prop firm for you.
Funding Evaluation Rules
Next, compare The5ers vs FTMO vs Funding Traders based on evaluation rules. All three prop firms require you to pass a dedicated evaluation before securing a forex-funded account. Typically, these funding evaluations vary in terms of profit targets, drawdown requirements, and trading restrictions.
The5ers:
With The5ers, you can choose between 1-step, 2-step, and instant funding programs. Of course, you can directly start trading on a live funded account – with prop firm capital capped at $40,000. To trade bigger, you’ll need to sign up for Bootcamp or High-Stakes evaluation programs – requiring two-step or three-step evaluations. Notably, the complex evaluation process may restrict even the most skilled traders from successfully securing a trading account.
FTMO:
Once you purchase an FTMO challenge, there’s a three-step evaluation required to get funded. While you can customize the risk levels on a challenge account, FTMO’s lack of flexibility to choose between 1-step & 2-step may limit your funding opportunities. Once you achieve profit targets, you’ll also need to complete a strict verification stage – designed to test your consistency.
Funding Traders:
Compared to other prop firms, Funding Traders’ evaluations offer realistic profit targets with static and trailing drawdowns. Of course, you are free to select between 1-step and 2-step evaluations with transparent trading rules, including:
1-Step Evaluation:
- Profit Target: 10%
- Daily Drawdown: 4%
- Maximum Drawdown: 5%
- Maximum Loss Per Trade: 2%
2-Step Evaluation:
- Profit Target (Phase 1): 10%
- Profit Target (Phase 2): 5%
- Daily Drawdown: 5%
- Maximum Drawdown: 10%
- Maximum Loss Per Trade: 2%
>> During FT’s evaluations, you are also allowed to hold positions overnight and over the weekend. This caters to part-time professionals and skilled swing traders looking to achieve profit targets on long-term price movements. With FT, you get unlimited trading days to achieve the profit targets – eliminating the added psychological pressure.
Definitely, choosing the right prop firm between The5ers vs FTMO vs Funding Traders depends on evaluation rules.
Scaling Opportunities
To choose the best prop firm for you, compare FTMO vs The5ers vs Funding Traders based on scaling opportunities. Notably, these prop firms allow skilled traders to grow their initial funded capital over time. Of course, you must complete specific milestones to qualify for scaling opportunities and increase your account size.
The5ers:
With The5ers, achieve pre-defined profit targets to increase capital and accelerate your trading growth. Additionally, you can sign up for the Milestone Growth Plan to double your account size after completing each profit target. Of course, these growth plans may require you to meet more aggressive profit targets – increasing the risk of failure.
FTMO:
On the other hand, FTMO supports more structured scaling plans with a gradual growth system. Once you maintain a net profit of 10%, you can scale your initial capital to the next funded account every four months. Meanwhile, traders managing FTMO’s aggressive accounts should maintain a 20% net profit to qualify for capital scaling.
Funding Traders:
Funding Traders rewards successful and consistently profitable traders with unique opportunities to scale initial funded capital. Primarily, these scaling opportunities encourage traders to maintain discipline and prioritize sustainable profitability – resulting in long-term growth.
The key components of FT’s scaling plan include:
- 8% consistent total profit on the initial account balance in two months
- Consistent profitability for two consecutive months
>> When you meet these milestones, FT increases your initial account balance by 25% every two months.
Definitely, compare The5ers vs FTMO vs Funding Traders based on scaling opportunities to choose the right prop firm for you.
Profit Splits
In addition, profit split is another comparison factor between The5ers vs FTMO vs Funding Traders to choose the best prop firm for you. To increase your earning potential in future, select a prop firm with a competitive profit split.
The5ers:
The5ers only share a 50-50 profit split with funded traders. Of course, the limited profit percentage can drastically lower a trader’s earning potential. Keep in mind The5ers lower profit splits are designed to compensate for instant funding programs. Since The5ers takes a bigger risk funding traders without challenge, the prop firm keeps a bigger percentage of the earned profits.
FTMO:
Meanwhile, FTMO offers an 80-20% default profit split in your favor. If you’re looking to keep a larger share, you can qualify for FTMO’s scaling plan and increase your profit split up to 90%.
Funding Traders:
As one of the legitimate prop firms, Funding Traders also offers a default 80-20 profit split – allowing you to retain a huge percentage of your earnings. Compared to FTMO, FT also offers exclusive add-ons to keep up to 100% of the earned profits. This way, you can keep all your earnings – without qualifying for any scaling plans.
Indeed, compare The5ers vs FTMO vs Funding Traders based on prop firm profit splits.
Support For US Traders
US clients should also consider support for American clients while comparing The5ers vs FTMO vs Funding Traders. After multiple regulatory changes, many prop trading firms permanently shut down services in the USA. Even after months, these prop firm shutdowns continue to restrict US-based traders.
The5ers:
After a few compliance concerns, The5ers temporarily terminated its prop trading services for US traders. Today, The5ers accepts US clients with no restrictions, limitations, or exclusive requirements.
FTMO:
In January 2024, FTMO prop firm suspended challenges in the US due to regulatory issues in the country. Even after seven months, the prop firm continues to block US traders – with no signs of resuming their operations.
Funding Traders:
Funding Traders is among a few prop firms that accepts US clients. In fact, US-based traders can complete funding challenges to start managing live capital and earn bigger profits. In the US, Funding Traders gives you the liberty to choose between MetaTrader 5, cTrader, and TradingView platforms for a streamlined experience.
Definitely, choosing a prop firm between The5ers vs Funding Traders vs FTMO should also depend on support for US clients.
Compare The5ers vs FTMO vs Funding Traders to select the best prop firm for you. In terms of challenge fees, Funding Traders offers cheapest prop firm evaluations – starting from $100 for a $10,000 account. Of course, you should also compare prop firms based on evaluation rules to choose a partner with realistic, transparent, and flexible challenge account guidelines. With unique scaling opportunities, Funding Traders allows you to increase your initial account balance by 25% every 2 months – all the way up to $2 million. US-based clients should join Funding Traders to take advantage of competitive up to 100% profit splits.
Ready to join the best prop firm for you? Click here to sign up for a forex funding challenge account.