FTMO vs The5ers
Computed verdict
The5ers costs less per unit of risk: $49.05 vs $54 per $1,000 of drawdown. On the overall score, The5ers comes out ahead (74 vs 61).
The verdict is computed from verified data and recomputes when the data changes. It is not an opinion and no commercial arrangement alters it. Methodology
Rule by rule
Max loss is 10% of initial balance — static on the 2-Step and end-of-day trailing on the 1-Step — measured on equity, so floating losses count.
A static 10% max loss from initial balance and a 5% daily limit anchored to the higher of the previous close's balance or equity — nothing trails, but touching either terminates the account.
Hard daily limit of 5% (2-Step) or 3% (1-Step) of initial capital, recalculated at CET midnight and applied to equity — touching it for an instant fails the account.
A hard 5% daily limit on High Stakes measured against the higher of the previous midnight's balance or equity — hitting it terminates the account.
The 2-Step has no consistency rule at all; the 1-Step requires your best day to stay within 50% of your positive days' profit to pass, never failing the account.
There is no percentage consistency rule, but each step requires at least 3 profitable days of +0.5% or more, which blocks one-day passes.
Two phases: 10% ($5,000) in Phase 1 and 5% ($2,500) in Verification, minimum 4 days each; 10% ($5,000) max overall loss, 5% ($2,500) daily.
Two steps: 8% and 5% (a 10%/5% variant also exists), minimum 3 days each; 10% ($5,000) max overall loss, 5% daily.
On-demand payouts from day 14 after your first trade, at a 90% split (1-Step) or 80% rising to 90% (2-Step), with the 2-Step entry fee refunded with your first withdrawal.
First withdrawal 14 days after the funded account is activated and every 2 weeks thereafter, at an 80% split scaling to 100%; performance is rewarded with redeemable hub credit toward future challenges — not a cash refund of your fee.
$50K Challenge: one-time $345, no subscription or activation. The fee is refunded with your first payout once you become an FTMO Trader.
$50K High Stakes (2-step): one-time ~$309, no monthly or activation fee (a lower-priced variant with revised targets also exists).