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TraderVerdict
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TraderVerdict
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Compare / FTMO vs The5ers

FTMO vs The5ers

Two Excellent-tier forex firms with very different evaluation models. FTMO runs a two-step challenge with the highest payout split in the dataset. The5ers ships a one-step instant funding path with a lower max account but no challenge phase.

FTMO
83
Excellent
The5ers
80
Excellent
Score Dimensions
Payout Integrity30%
8.38.3
Rules Integrity22%
8.08.7
Rules Stability8%
8.09.5
Business Viability18%
9.08.0
Platform & Execution9%
8.57.0
Cost Fairness10%
8.07.0
Specifications
Payout Split80% standard (90% after scaling plan)80% (scales to higher tiers over time)
Max Funded$200,000$4,000,000 (via scaling plan)
Payout CapNoneNone
Drawdown ModelStatic (max 10% from initial balance)Static max loss from initial balance (never trailing)
Min Days43
Challenge FeeEUR 155–1,080~$500–$700 for $100K Hyper program
Fee RefundableYes — refunded with first payoutYes — refunded with first payout (Hyper program)
News TradingRestricted — 2-minute window before/after named events on funded account (evaluation: unrestricted)Generally allowed; minimal restrictions vs. peers. Scalping restrictions apply.
PlatformsMT4, MT5, cTrader, DXtradeMT4, MT5
Payout ScheduleOn demand (min 14 days after first trade)Weekly; on-demand within 1–3 business days
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The Verdict

Choose FTMO (83/100) if you can pass a two-step evaluation and want the best payout terms in the dataset — 90% split, no payout cap, and the longest verified payout track record in the industry. The static drawdown is forgiving for swing traders. Choose The5ers (80/100) if you want to skip the challenge entirely and trade real funded capital from day one. Their one-step instant funding model and lower entry cost are the right call for traders who already have a proven edge and would rather not pay for a multi-phase evaluation. Both are Excellent — the choice is structural, not quality.