Prop firms

FundedNext vs The5ers: fees, rules and payouts compared

Side by side, from each firm’s own pages. “Not published” means the firm does not state it where we could verify it.

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Programme	FundedNext Stellar 1-Step	FundedNext Stellar 2-Step	The5ers High Stakes (2-Step, 'New' variant)
Market	Forex & CFDs	Forex & CFDs	Forex & CFDs
Account size	$100,000	$100,000	$100,000
Evaluation fee	$569.99	$549.99	$405
Profit target — explain simply Profit target The profit an evaluation account must reach, without breaking any rule, to pass that phase.Example: $50,000 account with a 6% target: you must make $3,000.Watch out: Reaching the target does not override other rules such as minimum trading days.More plain-language terms	10%	8% Phase 1, 5% Phase 2	10% Step 1, 5% Step 2
Daily loss limit — explain simply Daily loss limit The most an account may lose within one trading day. Breaching it usually fails the account or ends trading for the day.Example: $100,000 starting balance, 5% daily limit: a $5,000 loss in one day (often including open losses) breaches it.Watch out: Firms differ on whether it is measured from the day's starting balance or equity, and when the day resets.More plain-language terms	$3,000 (3%), from previous day's closing balance	$5,000 (5%), from previous day's closing balance	4%
Max drawdown — explain simply Drawdown How far an account has fallen from a previous high point. A 'maximum drawdown' rule sets how far the balance may fall before the account fails.Example: An account peaks at $10,500 and falls to $9,800: the drawdown from that peak is $700 (about 6.7%).Watch out: Prop firms measure drawdown differently (static, trailing, end-of-day). Read the exact rule.More plain-language terms	$6,000 (6%) from starting balance Static	$10,000 (10%) from starting balance Static	8%
Minimum days — explain simply Minimum trading days The fewest separate days you must trade before passing or requesting a payout, even if the target is reached sooner.More plain-language terms	2	5	3 profitable days per step (0.5% of initial balance)
Profit split — explain simply Profit split The share of eligible profits a funded trader receives under the firm's payout rules.Example: An 80% split on $2,000 of eligible profit is $1,600 to the trader, before any payout conditions.Watch out: Payout timing, minimums and eligibility rules matter as much as the percentage.More plain-language terms	Up to 95%	80% standard; 90% on-demand payout option; up to 95% with add-ons	80% at $100K, rising to 100% via scaling plan
Payouts	Not published	Standard: first reward after 21 days, then every 14 days; fee refunded with 1st reward	Funded: payout cap $4,000, min withdrawal $500 on $100K; fee refunded
Platforms	MetaTrader 4, MetaTrader 5, cTrader, Match-Trader	MetaTrader 4, MetaTrader 5, cTrader, Match-Trader	MetaTrader 5
Reset / retry — explain simply Reset Restarting a prop evaluation from the original balance and rules, usually for a fee, after failing or to start over.Watch out: Repeated resets add up — count them in the true cost of a programme.More plain-language terms	Reset available at a discounted price	Reset available at a discounted price	Not published
Checked	2026-10-08 · source	2026-10-08 · source	2026-10-08 · source

About this data. Every rule and price is taken from the firm's own website on the date shown, with a link to the page. Firms change their rules often — confirm on the official page before you pay. “Not published” means we could not find the value on an official page; we never estimate it. Order is by your filters or alphabetical, never by commission. Prop-firm evaluations are paid products; most traders do not pass, and a funded account is not a guarantee of income.