Introduction
Proprietary trading firms have become increasingly popular among aspiring traders looking to leverage professional capital without risking their own savings. Two of the most notable firms in this space are FundedNext and The5ers. Both companies offer competitive funding opportunities, educational resources, and unique trading programs. However, key differences in their offerings, rules, and strategies could significantly impact a trader’s experience and profitability. This article provides a detailed comparison to help you make an informed decision.
Overview of The5ers
Company Profile
- Founded: 2016 by Gil Ben Hur
- CEO: Saul Lokier
- Registered Country: Israel (ILIL)
- Maximum Capital Funding: Up to $4 million (starting at $615,000)
- Support Email: ajaykuma428@gmail.com
- Website: The5ers
- Banned Countries: United States, North Korea, and others
The5ers is a well-established prop trading firm founded in 2016. It offers a variety of funding programs and scaling opportunities tailored to different trading skill levels. Traders can choose from three main programs: BootCamp, Hyper Growth, and High-Stakes. With an initial capital starting at $615,000, The5ers allows successful traders to scale up to $4 million based on performance. The firm is known for its educational resources and flexible trading conditions.
Key Features of The5ers
- Programs Offered:
- BootCamp: $100,000 funded account, $95 fee, 50% profit share, no daily loss limit.
- Hyper Growth: $10,000 account for $260, 50% profit share, 6% loss cap.
- High-Stakes: $5,000 funded account for $39, up to 80% profit share, 10% total loss limit.
- Scaling Plan: Double account size upon hitting targets, up to $4M.
- Spreads & News: Spreads ~0.2–0.9 pips on majors; news trading permitted in BootCamp/Hyper Growth, restricted in High-Stakes.
- Payout Options: Riseworks, The5ers Visa, or crypto.
Overview of FundedNext
Company Profile
- Founded: 2022
- CEO: Saeed Abduljalil
- Registered Country: United Arab Emirates
- Maximum Capital Funding: Up to $4 million (starting at $200,000)
- Support Email: support@fundednext.com
- Website: FundedNext
- Banned Countries: Cuba, Iran, North Korea, Syria, Sudan
Founded in March 2022, FundedNext is a fast-growing prop firm headquartered in Dubai. The firm reports a large global community and regular payouts. It offers multiple challenge programs for different skill levels and supports MetaTrader 4/5 with instruments across Forex, Commodities, and Indices.
Key Features of FundedNext
- Challenge Programs:
- Evaluation Challenge: ~$100 for $10k up to $499 for $200k; targets 10% (Phase 1) / 5% (Phase 2); loss limits 10% total / 5% daily.
- Express Challenge: ~$139–$749 from $10k–$200k; similar targets/limits; no time limit.
- 2-Step Challenge: ~$89–$499; targets 8% / 5%; loss limits 8% total / 4% daily.
- Scaling Plan: +25% size after 10% profit within 4 months; up to $4M.
- Spreads & News: Raw spreads; high-impact news restrictions for funded accounts.
- Payouts & Commissions: Bank/crypto payouts; ~$3/lot on Forex & Commodities; zero on Indices.
Comparison of The5ers vs. FundedNext
1) Program Offerings & Pricing
The5ers: Three straightforward programs (BootCamp, Hyper Growth, High-Stakes) priced by account size; accessible entry (as low as $39) and clear growth path.
FundedNext: Three challenge-based programs with tiered pricing; Express has no time limit—good for traders who prefer flexibility.
2) Scaling Opportunities
The5ers: Doubling model on milestones up to $4M.
FundedNext: +25% every 4 months if +10% achieved; gradual path to $4M.
3) Profit Shares & Payouts
The5ers: Profit share varies by program; up to 80% in High-Stakes; payouts via Rise/crypto/visa.
FundedNext: Bi-weekly payouts; share depends on program/performance.
4) Trading Platforms & Rules
The5ers: Generally lenient rules, low spreads; news trading allowed in most programs.
FundedNext: MT4/MT5 support and broad instruments; funded accounts have stricter high-impact news windows and prohibited strategies.
5) Customer Support & Accessibility
The5ers: Global with notable banned countries; support email listed as Gmail.
FundedNext: Broad international presence; some country restrictions.
6) Payment Methods & Commissions
The5ers: Crypto, Rise, Visa option; flexible payout rails.
FundedNext: Cards + bank/crypto withdrawals; ~$3/lot on FX/Commodities, zero on Indices.
Quick Comparison
| Category | The5ers | FundedNext |
|---|---|---|
| Founded / HQ | 2016 — Israel | 2022 — UAE (Dubai) |
| Programs | BootCamp, Hyper Growth, High-Stakes | Evaluation, Express, 2-Step |
| Max Funding | Up to $4M (start $615k) | Up to $4M (start $200k) |
| Scaling Approach | Doubling on milestones | +25% after +10% in 4 months |
| Platforms | Proprietary / in-house | MT4/MT5 |
| News Trading | Allowed in most programs | Restrictions for funded during high-impact news |
| Payouts | Rise / Visa / Crypto | Bank / Crypto |
| Fees / Commission | Varies by program | ~$3/lot FX & Commodities; 0 on Indices |
| Banned Countries (examples) | US, North Korea, others | Cuba, Iran, NK, Syria, Sudan |
Conclusion: Which Prop Trading Firm Is Right for You?
Choose The5ers if you want lenient rules in many programs, clear milestone-based scaling up to $4M, and flexible payout rails.
Choose FundedNext if you prefer structured challenge programs, bi-weekly payouts, MT4/MT5 access, and a steady, incremental scaling model.
Ultimately, the best fit depends on your trading style, tolerance for restrictions, and scaling goals. Review each firm’s latest terms and pick the one that aligns with your strategy.