Key numbers at a glance
Winning value in champagne. Bars normalised to the larger value per row.
Min trading days
The5ers
73/100
StrongFundedNext
76/100
StrongFundedNext scores 2.5 higher under TVSM-PF/2.0.2.
Payout split
The5ers80% (scales to higher tiers over time)
FundedNext80% standard (90% after scaling plan)
Max funded
The5ers$4,000,000 (via scaling plan)
FundedNext$200,000
Payout cap
The5ersNone
FundedNextNone
Drawdown model
The5ersStatic max loss from initial balance (never trailing)
FundedNextStatic max loss 8% from initial balance
Min trading days
The5ers3
FundedNext3
Challenge fee
The5ers~$500–$700 for $100K Hyper program
FundedNext$549 for $100K Stellar 2-Step
Fee refundable
The5ersYes — refunded with first payout (Hyper program)
FundedNextYes — refunded with first payout
News trading
The5ersGenerally allowed; minimal restrictions vs. peers. Scalping restrictions apply.
FundedNextRestricted — 60-second window before/after named events on funded account (evaluation: unrestricted)
Platforms
The5ersMT4, MT5
FundedNextMT4, MT5, cTrader
Payout schedule
The5ersWeekly; on-demand within 1–3 business days
FundedNextBi-weekly cycle; on-demand after first payout
| Specification | The5ers 73/100 Strong | FundedNext 76/100 Strong |
|---|---|---|
| Payout split | 80% (scales to higher tiers over time) | 80% standard (90% after scaling plan) |
| Max funded | $4,000,000 (via scaling plan) | $200,000 |
| Payout cap | None | None |
| Drawdown model | Static max loss from initial balance (never trailing) | Static max loss 8% from initial balance |
| Min trading days | 3 | 3 |
| Challenge fee | ~$500–$700 for $100K Hyper program | $549 for $100K Stellar 2-Step |
| Fee refundable | Yes — refunded with first payout (Hyper program) | Yes — refunded with first payout |
| News trading | Generally allowed; minimal restrictions vs. peers. Scalping restrictions apply. | Restricted — 60-second window before/after named events on funded account (evaluation: unrestricted) |
| Platforms | MT4, MT5 | MT4, MT5, cTrader |
| Payout schedule | Weekly; on-demand within 1–3 business days | Bi-weekly cycle; on-demand after first payout |
| Visit The5ers | Visit FundedNext |
Which one fits?
- The5ers is best for forex traders who already have a proven edge and want to skip the challenge fee entirely by paying for real funded capital from day one.
- FundedNext is best for crypto-permissive forex traders who prioritize fast payouts and want the option of multiple program types under one roof.
See the full The5ers review and FundedNext review for the verified specs and editorial verdict on each.