FTMO vs FundedNext vs The5ers
FTMO, FundedNext and The5ers are forex/CFD prop firms that differ in program structure (1-step, 2-step, scaling), platforms and payout terms. Elave has not yet verified their rule values against official sources, so this page lists programs and platforms and links straight to each firm's official rules.
Updated · Elave editorial
Programs and platforms
| Firm | Type | Platforms | Programs |
|---|---|---|---|
| FTMO | Forex & CFD | MT4, MT5, cTrader, DXtrade | FTMO Challenge |
| FundedNext | Forex & CFD | MT4, MT5, cTrader, Match-Trader | Stellar 2-Step, Stellar 1-Step, Stellar Lite |
| The5ers | Forex & CFD | MT5 | Bootcamp, High Stakes, Hyper Growth |
Verified evaluation rules (closest size to $100,000)
No rule values verified yet for these firms — use the official links below.
Prop-firm rules change often. Always confirm the current rules on the firm's official site before you buy an evaluation.
How to choose
Pick the drawdown type that matches how you trade first: intraday trailing punishes giving back open profit, end-of-day trailing does not. Then compare the daily loss limit to your normal losing day and check whether a consistency rule applies at evaluation or payout. Price and payout terms come last and change often.
Sources
Firm pages
About Elave
Elave (elavefx.com) is a free trading platform for retail and prop-firm traders: a broker-synced trading journal with an AI coach, a prop-firm rules tracker, risk tools, a Telegram trading desk and application-only coaching. The platform is free with no subscription; Elave is funded by partner-broker (introducing-broker) relationships.
Educational content, not investment advice. Elave makes no performance, win-rate, pass-rate or income claims. Trading leveraged products carries a high risk of loss.