Welcome to our comparison between The5ers and OFP, where we will compare all the major aspects of each company. We will be looking into the companies themselves as well as the instant funding programs that both offer to traders from all across the globe.
Company Details
Company Details | The5ers | OFP |
---|---|---|
Incorporation date | April 2020 | February 2022 |
CEO | Gil Ben Hur | Ruggero Catalano Rossi Danielli |
Office Location | London, UK | London, UK |
Scaling Plan |
The5ers and OFP are two reputable and trustworthy proprietary trading firms. The5ers was incorporated in April 2020 while being managed by their CEO, Gil Ben Hur. They have their offices located in London, UK. OFP, on the other hand, was incorporated in February 2022 while being managed by CEO, Ruggero Catalano Rossi Danielli. Additionally, their offices are also located in London, UK.
Funding Program Options
Funding Program Options | The5ers | OFP |
---|---|---|
Two-step Evaluation | ||
Three-step Evaluation | ||
Instant Funding |
The5ers provides their traders with an opportunity to choose between three funding programs to acquire funding, a two-step evaluation, a three-step evaluation, and an instant funding program. OFP, on the other hand, allows its traders to acquire funding through a customizable instant funding program.
Instant Funding Comparison
Trading Rules/Objectives | The5ers | OFP |
---|---|---|
Profit Target | 10% | |
Maximum Daily Loss | Daily pause: 3% | 3%, 4%, or 5% |
Maximum Loss | 6% | 6%, 8%, or 10% (Trailing) |
Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days |
Maximum Trading Period | Unlimited | Unlimited |
Leverage | 1:30 | 1:100 |
Profit Split | 50% up to 100% | 26% up to 80% |
After covering the trading objectives of each company’s instant funding programs, let’s take a look at the account sizes and costs of these instant funding programs.
Account Size | The5ers | OFP |
---|---|---|
$5,000 | $18.25 up to $166.80 | |
$10,000 | $260 | $25.75 up to 249.60 |
$20,000 | $450 | |
$25,000 | $42.75 up to $399 | |
$40,000 | $850 | |
$50,000 | $87 up to $788.40 | |
$100,000 | $171.50 up to $1,507.80 | |
$200,000 | $338 up to $2997 |
Brokers & Trading Platforms
Now that we have addressed the trading objectives, account sizes, and costs associated with The5ers and OFP, it’s time to examine the brokers and trading platforms compatible with each proprietary trading entity.
The5ers | OFP | |
---|---|---|
Broker | Liquidity Provider who gives them Direct Market Access | Thunder Markets |
Trading Platform | MetaTrader 5 | cTrader, TradeLocker, Match-Trader |
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 The5ers and which with OFP.
Trading Instrument | The5ers | OFP |
---|---|---|
Forex Pairs | ||
Commodities | ||
Indices | ||
Cryptocurrencies | ||
Bonds |
Community Feedback
The last topic we will cover is community feedback from The5ers and OFP. The statistics are taken from the Trustpilot page of each of the mentioned companies.
Trustpilot Statistics | The5ers | OFP |
---|---|---|
Rating | 4.9/5 | 3.9/5 |
Number of Reviews | 6,041 | 1,701 |
5-Star Ratings | 91% | 69% |
The5ers has an excellent rating of 4.9/5. This is out of a total of 6,041 reviews, where 91% of them are rated as 5 stars. OFP, on the other hand, has a great rating of 3.9/5. However, this is out of a total of 1,701 reviews, where 69% of them are rated as 5 stars.
Conclusion
In conclusion, The5ers and OFP 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. The5ers has a two-step evaluation, a three-step evaluation, and an instant funding program, while OFP has a customizable instant funding program.
This concludes our comparison between The5ers and OFP. 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 instant funding program to make it even more affordable!
The5ers 10% active discount link: https://the5ers.com/?ref=7909
OFP 15% active discount code: FOREXPROPREVIEWS
Our comparison between The5ers and OFP was last updated on 04.09.2024 at 11:44 (CE(S)T).