Head-to-head comparison · 2026

FundedNext vs The5ers

Side-by-side on the metrics that actually matter: true cost to funded, drawdown type, profit split and payout speed.

Quick verdict
  • FundedNext is $19.01 cheaper to get funded on a 50K account ($229.99 vs $249, activation fees included).
  • Both use static drawdown.
  • The5ers pays out faster (every 14 days vs first after 21 days, then every 14).
  • The5ers has the higher maximum profit split, 100% against 80%.
FundedNext
Forex / CFD · est. 2022
4.6
$229.99 to funded
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The5ers
Forex / CFD · est. 2016
4.9
$249 to funded
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Market
Forex / CFD
Forex / CFD
Founded
2022
2016
Total cost to funded
Best$229.99
$249
Eval cost
$229.99
$249
Activation fee
-
-
Pricing model
One-time
One-time
Challenge type
2-Step
2-Step
Drawdown type
Static
Static
Max profit split
80%
Best100%
First profit
80% reward share, fee refunded at 3rd reward
80% to 100% split, fee refunded, $3,000 payout cap
Payout speed
First after 21 days, then every 14
Every 14 days
Max account
$4.0M
$4.0M
Consistency rule
None
None
News trading
Allowed
Allowed
Platforms
MT4cTraderMT5
MT5cTrader

Strengths & watch-outs

FundedNext
Strengths
  • Static drawdown and no consistency rule
  • Challenge fee refunded with your 3rd reward
  • News trading allowed, resets available
Watch-outs
  • Two-phase challenge (8% then 4%), minimum 5 trading days
  • First payout only after 21 days, then every 14
  • 80% reward share, 3% max risk per trade, news profits capped at 40%
The5ers
Strengths
  • Fee refunded once you reach Pro Trader, plus a $25 reward after step 1
  • No time limit, no consistency rule
  • Profit split scales from 80% up to 100%
Watch-outs
  • Two steps: 10% then 5% profit target
  • 4% daily loss, 8% max loss, 3 profitable days per step
  • Payouts capped at $3,000, $300 minimum withdrawal
🐨 Which should you choose?

Choose FundedNext if you want the lower cost to get funded.

Choose The5ers if you want faster payouts and a higher profit split.

Written from our verified data for a 50K account, or the closest size a firm offers. Always check each firm's current terms before buying.

Figures are list prices for the 50K account (or the closest size a firm offers). Verify all details directly with each firm before purchasing. PropKoala may earn affiliate commissions. Trading involves substantial risk.