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The5ers 2 Step vs FundingPips 2 Step: Full Comparison 2026
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Rules, prices and promotions can change. Always verify the latest terms before purchasing an evaluation.
The5ers High Stakes and FundingPips 2-Step Standard are two popular two-phase evaluations with remarkably similar headline profit targets. Both currently use an 8% Phase 1 target and 5% Phase 2 target, meaning the more important differences are found in drawdown, payouts, minimum trading requirements, platform support, trading restrictions, pricing and scaling potential.
In this Prop Firm Family comparison, we break down those differences side by side.
| Feature | The5ers High Stakes 2-Step | FundingPips 2-Step Standard |
|---|---|---|
| Evaluation phases | 2 | 2 |
| Phase 1 target | 8% | 8% |
| Phase 2 target | 5% | 5% |
| Drawdown type | Static | Static |
| Daily loss | Varies by account size (5% or 4%) | 5% |
| Maximum loss | Varies by account size (10% or 8%) | 10% |
| Base profit split | 80% | 80% (bi-weekly structure) |
| Minimum requirement | 3 profitable days | 3 trading days during evaluation |
| Forex leverage | Up to 1:100 | Up to 1:100 |
| Main platforms | MT5, cTrader, TradingView | MT5, cTrader, Match-Trader |
| Maximum allocation | Approx. $1.43M | $400K |
| Payout approach | 14-day cycle | Multiple payout structures |
Highlighted rows show the main differences.
Both programmes use the same 8% / 5% evaluation targets. The larger differences appear in risk limits, payouts, trading rules and scaling.
Account Pricing
Regular listed prices for each account size:
| Account size | The5ers High Stakes | FundingPips Standard |
|---|---|---|
| $5K | $39 | $36 |
| $10K | $78 | $66 |
| $25K | $195 | $177 |
| $50K | $279 | $299 |
| $100K | $455 | $522 |
Highlighted figures show the lower regular price in each row. A lower price does not automatically make a programme a better fit.
Temporary discounts and promotions may change these prices. Always check the live checkout price.
Profit Targets
The5ers High Stakes
- Phase 1: 8%
- Phase 2: 5%
FundingPips Standard
- Phase 1: 8%
- Phase 2: 5%
Example on a $100K evaluation
| Phase | The5ers | FundingPips |
|---|---|---|
| Phase 1 | $8,000 | $8,000 |
| Phase 2 | $5,000 | $5,000 |
The phases are separate. You are not being asked to make $13,000 continuously on one account — you hit the Phase 1 target, then start Phase 2 fresh and hit its own target.
Drawdown Rules
FundingPips Standard
- 5% maximum daily loss
- 10% maximum loss
- Static drawdown
The5ers High Stakes
Currently varies by account size. Current listed examples:
- $5K / $10K / $25K: 5% daily, 10% maximum loss
- Current $50K / $100K: 4% daily, 8% maximum loss
Always check the specific account size you are purchasing. Do not assume every High Stakes account uses identical risk limits.
What is static drawdown? Your loss limit is measured from your starting balance and does not move up as you make profit. On a $100K account with a 10% static limit, your equity must stay above $90,000 no matter how much you gain first.
Minimum Trading Requirements
The5ers: 3 profitable days
Under current High Stakes rules, a profitable day requires closed positions to generate at least 0.5% of the initial account balance.
FundingPips: 3 trading days
Three trading days are required during the evaluation.
Both use the number three, but the conditions are not identical: The5ers counts days that meet a profit threshold, while FundingPips counts days you trade.
Payouts and Profit Splits
The5ers High Stakes
- 80% profit split
- 14-day payout frequency
FundingPips Standard
Multiple funded payout structures:
- Weekly — 60%
- On-demand — 90%
- Bi-weekly — 80%
- Monthly — 100%
The higher advertised FundingPips percentages come with additional conditions and should not be compared in isolation:
- On-demand 90%: current conditions include a 35% consistency rule and a 2% minimum reward requirement.
- Monthly 100%: current conditions include a 35% consistency rule and seven profitable days of at least 0.5%.
Compare payout conditions, not just the biggest advertised percentage.
Platforms
The5ers
- MT5
- cTrader
- TradingView
FundingPips
- MT5
- cTrader
- Match-Trader
Both list MT5 and cTrader. TradingView availability may matter to some traders, while others may prefer Match-Trader. Neither set is objectively better — it depends on what you already use.
Leverage
Both programmes list up to 1:100 Forex leverage. Leverage differs for other asset classes, so not every instrument gets 1:100.
FundingPips may also apply dynamic leverage conditions to certain instruments such as metals, indices and energies on assessment-based accounts. Check the current leverage table for the instruments you plan to trade.
News Trading
The5ers High Stakes
Current rules restrict executing orders from 2 minutes before until 2 minutes after high-impact news.
FundingPips
Evaluation: news trading is allowed.
Funded: executing orders around high-impact releases is restricted, including a current 5-minute before / 5-minute after window, with separate restrictions around certain speeches.
If you deliberately trade news, read the latest funded-stage rules carefully before buying.
Overnight and Weekend Holding
FundingPips Standard
- Holding is allowed during the evaluation
- Funded Standard accounts have tighter holding restrictions
- Normal overnight/weekend holding on funded Master Accounts requires the Swing add-on
The5ers High Stakes
Check current High Stakes holding rules before purchasing.
Maximum Allocation and Scaling
The5ers
≈ $1.43M
maximum allocation listed
FundingPips
$400K
maximum allocation
Maximum allocation may matter if you plan to scale beyond your first funded account. A higher ceiling does not automatically make a programme better for a trader who only needs one account.
Operating History
The5ers: 10+ years in operation. FundingPips: established November 2022, approximately 3 years in operation.
Operating history is one factor traders may consider, but it does not by itself determine whether a programme is suitable for an individual trader.
The5ers High Stakes May Suit Traders Who…
- Want TradingView availability
- Prefer a 14-day payout structure
- Value a higher listed maximum allocation
- Weigh a longer operating history
- Are buying at $50K or $100K, where current regular pricing is lower
Trade-offs: risk limits can vary by account size, the minimum requirement is profitable days rather than trading days, and high-impact news is restricted. See our The5ers review.
FundingPips Standard May Suit Traders Who…
- Want a consistent 5% / 10% risk structure
- Like choosing between multiple payout options
- Use Match-Trader
- Are buying at $5K, $10K or $25K, where current regular pricing is lower
- Are comfortable with a $400K maximum allocation
Trade-offs: higher payout percentages carry conditions, funded news rules apply, and funded holding is restricted unless the appropriate add-on is used. See our FundingPips review.
Main Differences
Same on both
- 2 evaluation phases
- 8% Phase 1
- 5% Phase 2
- Static drawdown structure
- Up to 1:100 Forex leverage
- MT5 and cTrader availability
Key differences
- The5ers risk limits can vary by account size
- Profitable days vs trading days
- 14-day payout model vs multiple FundingPips options
- TradingView vs Match-Trader
- News restrictions
- Holding rules
- Pricing by account size
- Maximum allocation
Final Thoughts
The5ers High Stakes and FundingPips 2-Step Standard are very similar on profit targets, so the deciding factors are elsewhere: the risk limits on the exact account size you buy, how you prefer to be paid, whether you trade news or hold positions, and which platform you use. Match those rules to your own trading style before paying for either challenge. You can also compare more prop firms or browse our prop firm FAQ.
Prop Firm Family helps traders compare evaluation rules, payouts and funded-account conditions clearly before paying for a challenge.
Frequently Asked Questions
Is The5ers or FundingPips easier to pass?
Both currently use an 8% Phase 1 and 5% Phase 2 target, but drawdown and minimum-day rules differ, so headline profit targets alone do not determine difficulty.
What is The5ers High Stakes profit target?
8% in Phase 1 and 5% in Phase 2.
What is FundingPips 2 Step profit target?
8% in Phase 1 and 5% in Phase 2 for the Standard 2-Step programme.
What is the FundingPips maximum drawdown?
Standard 2-Step currently uses a 5% daily and 10% overall static loss limit.
Does The5ers use a 10% maximum loss?
It depends on account size and current programme configuration. Some current High Stakes listings show 10%, while current larger listings show different limits. Check the exact account before purchasing.
Which platforms do The5ers and FundingPips offer?
The5ers currently lists MT5, cTrader and TradingView. FundingPips currently lists MT5, cTrader and Match-Trader.
Does FundingPips allow news trading?
Evaluation news trading is currently allowed, while funded-stage restrictions apply around specified high-impact events.
How often does The5ers pay?
Current High Stakes listings show a 14-day payout frequency.
Does FundingPips offer a 100% profit split?
A monthly 100% structure is currently listed, but it includes a 35% consistency rule and seven profitable days of at least 0.5%, so it is not unconditional.