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Compare / Topstep vs The5ers

Topstep vs The5ers

Two one-step firms in different markets. Topstep is the established CME futures firm. The5ers is the established forex one-step firm. The right pick is decided almost entirely by what you trade — but the score gap (17 points) is real and worth understanding.

Topstep
63
Average
The5ers
80
Excellent
Score Dimensions
Payout Integrity30%
6.38.3
Rules Integrity22%
6.38.7
Rules Stability8%
6.09.5
Business Viability18%
9.08.0
Platform & Execution9%
4.07.0
Cost Fairness10%
4.57.0
Specifications
Payout Split90% (flat for new traders as of Jan 12, 2026)80% (scales to higher tiers over time)
Max Funded$150,000 (Express Funded Account)$4,000,000 (via scaling plan)
Payout Cap$2,000/payout Standard, $3,000/payout Consistency — new $50K accounts from Apr 28, 2026None
Drawdown ModelTrailing EOD MLL — ratchets up with peak end-of-day balance, never resets downStatic max loss from initial balance (never trailing)
Min Days5 winning days required before payout request3
Challenge Fee$49–$149/month subscription~$500–$700 for $100K Hyper program
Fee RefundableNo — subscription model, no refund on payoutYes — refunded with first payout (Hyper program)
News TradingAllowed — no restrictions on futures news tradingGenerally allowed; minimal restrictions vs. peers. Scalping restrictions apply.
PlatformsTopstepX (proprietary, mandatory as of 2026)MT4, MT5
Payout ScheduleOn demand after 5 winning days — processed 1-3 business daysWeekly; on-demand within 1–3 business days
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The Verdict

Choose Topstep (63/100, Average) if you trade CME futures and want the most established firm in the category. Strong community, integrated TopstepX platform, the Combine evaluation that funded traders have been passing for years. The 17-point gap against The5ers is mostly Payout Integrity — Topstep cut its payout cap to $2,000 in April 2026, which dragged that variable hard and pushed the composite into Average. Choose The5ers (80/100) if you trade forex. The one-step instant funding model, no payout cap, and consistent payout cadence are the highest scores in the forex one-step category. These firms are not competitors — they serve different markets, and the right answer is decided by what you trade.