The Funded Trader & The5%ers Three-step Comparison
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Welcome to our comparison between The Funded Trader and The5%ers, where we will compare all the major aspects of each company. We will be looking into the companies themselves as well as the three-step evaluations that both offer to traders from all across the globe.
Company Details
| Company Details | The Funded Trader | The5%ers |
|---|---|---|
| Incorporation Date | May 2021 | January 2016 |
| CEO | Angelo Ciaramello | Saul Lokier |
| Office Location | Liberty Hill, Texas | Israel & London, UK |
| Scaling Plan |  | |
The Funded Trader and The5%ers are two reputable and trustworthy proprietary trading firms. The Funded Trader was incorporated in May 2021 while being managed by their CEO, Angelo Ciaramello. They have their offices located in Liberty Hill, Texas. The5%ers, on the other hand, was incorporated in January 2016 while being managed by its CEO, Saul Lokier. Additionally, their offices are located in Israel and London, UK.
Funding Program Options
| Funding Program Options | The Funded Trader | The5%ers |
|---|---|---|
| One-step Evaluation | |  |
| Two-step Evaluation | | |
| Three-step Evaluation | | |
| Instant Funding | | |
The Funded Trader provides their traders with an opportunity to choose between six funding programs to acquire funding, three two-step evaluations, two one-step evaluations, and a three-step evaluation. The5%ers, on the other hand, allows its traders to choose between three funding programs to acquire funding, a two-step evaluation, a three-step evaluation, and an instant funding program.
Three-step Comparison
| Trading Rules/Objectives | Dragon Challenge | Bootcamp Challenge |
|---|---|---|
| Profit Target (Phase 1) | 8% | 6% |
| Profit Target (Phase 2) | 5% | 6% |
| Profit Target (Phase 3) | 5% | 6% |
| Maximum Daily Loss | 5% | No Daily Drawdown |
| Maximum Loss | 10% | 5% |
| Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days |
| Maximum Trading Period | Step 1: Unlimited Step 2: Unlimited Step 3: Unlimited | Step 1: Unlimited Step 2: Unlimited Step 3: Unlimited |
| Leverage | 1:100 | 1:10 |
| Profit Split | 75% up to 95% | 50% up to 100% |
After covering the trading objectives of each company’s three-step evaluations, let’s take a look at the account sizes and costs of these three-step evaluations.
| Account Size | Dragon Challenge | Bootcamp Challenge |
|---|---|---|
| $5,000 | $49 | |
| $10,000 | $99 | |
| $25,000 | $135 | |
| $50,000 | $205 | |
| $100,000 | $355 | $95 (+ $205 After Passing) |
| $250,000 | | $225 (+ $350 After Passing) |
Brokers & Trading Platforms
Now that we have addressed the trading objectives, account sizes, and costs associated with The Funded Trader and The5%ers, it’s time to examine the brokers and trading platforms compatible with each proprietary trading entity.
| The Funded Trader | The5%ers | |
|---|---|---|
| Broker | Voyage Markets, Thaurus LTD | Liquidity Provider who gives them Direct Market Access |
| Trading Platform | MetaTrader 5, cTrader, DXtrade, Match-Trader | MetaTrader 5 |
Trading Instruments
Another important aspect to compare between proprietary trading firms is trading instruments. In the spreadsheet below, you will be able to learn which trading instrument types can be traded with The Funded Trader and which with The5%ers.
| Trading Instrument | The Funded Trader | The5%ers |
|---|---|---|
| Forex Pairs | | |
| Commodities | | |
| Indices | | |
| Cryptocurrencies | | |
Community Feedback
The last topic we will cover is community feedback from The Funded Trader and The5%ers. The statistics are taken from the Trustpilot page of each of the mentioned companies.
| Trustpilot Statistics | The Funded Trader | The5%ers |
|---|---|---|
| Rating | 3.4/5 | 4.9/5 |
| Number of Reviews | 20,170 | 6,041 |
| 5-Star Ratings | 69% | 91% |
The Funded Trader has an average rating of 3.4/5. This is out of a total of 20,170 reviews, where 69% of them are rated as 5 stars. The5%ers, on the other hand, also has an excellent rating of 4.9/5. However, this is out of a total of 6,041 reviews, where 91% of them are rated as 5 stars.
Conclusion
In conclusion, The Funded Trader and The5%ers are two incredible choices within the proprietary trading firm industry. We can clearly see there are numerous differences within the compared proprietary trading firms, such as trading objectives, account sizes, costs, and community feedback. In addition, there is also a major difference within the funding programs that each of the companies are offering. The Funded Trader has three two-step evaluations, two one-step evaluations, and a three-step evaluation, while The5%ers has a two-step evaluation, a three-step evaluation, and an instant funding program.
This concludes our comparison between The Funded Trader and The5%ers. If either of the compared proprietary trading firms sparked an interest, we have prepared a unique discount code, which you can apply while purchasing an evaluation to make it even more affordable!
The Funded Trader 10% discount code: FOREXPROPREVIEWS
The5%ers 10% active discount link: https://the5ers.com/?ref=7909
Our comparison between The Funded Trader and The5%ers was last updated on 17.06.2024 at 10:02 (CE(S)T).
