THE5ERS VS FUNDERPRO
Rating breakdown
FunderPro Overview
Founded in Malta in late 2022 by a group of traders and investment managers, FunderPro was born out of the need to provide an opportunity for traders to be judged on their merit without pressure or unnecessary rules. FunderPro traders can trade in their own time, for as long as they want or need, there are no deadlines looming down nor petty restrictions to trip over.
Rating breakdown
the5ers Overview
The 5%ers is a prop trading firm founded by Gil Ben Hur and Snir Chiel. Both former forex day traders, Gil and Snier, experienced first-hand the frustrations that lack of capital bring to experienced traders ready to play the markets. Hence, the 5%ers Funding Program was born: a platform to reward worthy traders with significant capital, with profits shared in a win-win outcome.Compare THE5ERS VS FUNDERPRO Trading Features
| Trading Feature | THE5ERS | FUNDERPRO |
|---|---|---|
| 💰 Fees: | The 5%ers Challenge an initial $6,000 balance costs €235; $10,000 balance for €385; $20,000 balance for €745 and a Scaling plan up to $4,000,000. | FunderPro offers four tiers of funded account challenges: a $25K balance costs $250, a $50K balance costs $300, a $100K balance costs $550, and a $200K balance costs $995. Scaling plan up to $5 million. |
| 🚀 Profit split: | The 5%ers will pay out 50% | The FunderPro funded account challenge pays out 80% of the profits. |
| ✔️ Evaluation: | The 5%ers version for forex traders includes a three-stage evaluation with a demo account | FunderPro’s flagship product is a two-step evaluation. |
| 🎯 Profit Target: | 6%-7% (Low Risk Mode). 12% (Aggressive Mode). | 10% for Stage 1 and 8% for Stage 2. |
| ⚓ Maximum drawdown (MDD)​​: | 6% of the balance at LV1 and LV2 of the scaling plan. 4% at higher levels. | 10% maximum loss throughout the challenge. 8% maximum daily loss. |
| ⌛ Trading Period​​: | The 5%ers Challenge duration is 365 calendar days (1 year). | Unlimited time to complete the challenge. |
| ⚖️ Leverage: | The low risk programs offer a margin of 1:6 while with the aggressive programs, the leverage is 1:30. | The leverage in FunderPro for the Regular Challenge and Funded Accounts is Forex: 1:100, Metals, Oil, and Indices: 1:50, Crypto: 1:2 |
| 🔧 Instruments: | Forex, Metals and Indices. | Forex, indices, commodities, cryptocurrencies and stocks. |
| đź“° Allow Trade News: | Yes (except indices) | No FunderPro does not allow news trading. You can close the trading before 2 minutes of high-impact news and re-open trading after 2 minutes. |
| 🔄 Weekend Position: | Yes | No you cannot hold trades during weekend. |
After spending several days researching different Proprietary Trading Firm for funded trading accounts, our team at start-business-online.com team collected various data points. For this review, we will compare The5ers vs Funderpro.
Compare THE5ERS VS FUNDERPRO Funded Trading Accounts Programs - Find the best firm for you
THE5ERS VS FUNDERPRO Prop Trading Firms at a glance
A handy comparison table with all the key facts for the Funded Trading Accounts Programs.
| Evaluation Metric | How they performed |
|---|---|
| Challenge Assessment | The 5%ers Challenge is by no means the most difficult. The fact that you are instantly funded and have a whole 180 days to complete the initial challenge makes the 5%ers one of the more straightforward options. That said, the price you pay is with a meaner margin of profit shares. You may get your foot in the door quicker, but there will be less on the other side as a result! On the other hand The FunderPro Challenge is simple and straightforward. Traders select their account size- $25k, $50k, $100k, or $200k. The requirements are easily followed without unnecessary complications - max daily and overall losses are fair, and traders have all the time they need to trade because there is no deadline for the challenge to be completed. |
| Customer support | The 5%ers make up the slack when it comes to the rules of using their platform. There are no restrictions on trading style, news trading, or the holding of weekend positons. For this reason, we give them a generous mark. On the other hand The FunderPro team is reliable and helpful. Traders get paid weekly with a profit share every Friday. |
| Fee | The the 5%ers Challenge fee is on the higher end of the spectrum at $275 per attempt. That said, you access immediate funds from the first use, which does compensate the sign-up fee for those successful traders. On the other hand FunderPro is actually a pretty decent value for every account size. it is also focused on its traders, which could mean that they provide a better experience for their clients. |
| Payout scheme | the 5%ers scores poorly on this metric as their payout is significantly lower than competitors such as TopStep and FTMO. That said, however, where the platform disappoints in the 50% share they make up for with the exponential growth option: your account balance doubles with every milestone you reach. On the other hand With FunderPro after your first payout, you will continue to receive payouts on a weekly basis. Your profit split will be 70% based on the profit you make on your funded account. While this isn't as generous a profit split as some rivals, the challenge conditions are not as strict, making it easier to come out winning. For this reason, they score highly on this metric. |
The Verdict: The5ers or Funderpro?
There’s no such thing as a perfect Proprietary Trading Firm, but some are going to be a better fit for you than others.
Objectively, Funderpro is more reliable based on our criteria above.
What We Really Like on Funderpro
Exclusive Discount Code (20% Off Exclusive Offer)
Minimal rules & unlimited time for completion
Two-part assessment leading to $200,000 in funding
Scaling plan & fast-track funding opt
What We Do not Like on The5ers
5%ers Challenge fee is on the higher end of the spectrum
There are other holes in the 5%er offer
Other Important Factors That Influence Our decision the most
Key Challenges and Frustrations Faced by The5ers Users
The 5%ers do a neat 50/50 profit split with successful traders. While this seems fair on paper, many of the rival prop firms offer much higher ratios. Therefore we’ve decided to view the payout scheme as the weakest point of an otherwise fairly good all-rounder.
There are other holes in the 5%er offer too. The firm imposes restrictions on lot sizes [**this may no longer be true, have they removed the 0.65 lot limit?**] which doesn’t suit many trading styles.Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Funded Trading Accounts based on your precise requirements here.