FTMO vs. MyForexFunds vs. The5ers: Detailed Comparison for Serious Traders

Choosing the right prop firm is one of the most important decisions a serious trader can make. FTMO, MyForexFunds (MFF), and The5ers are three of the most popular names in the industry. Each firm offers unique strengths, challenges, and trading environments that can dramatically affect your profitability and long-term growth.


In this comparison, we’ll break down the key differences between FTMO, MyForexFunds, and The5ers to help you decide which firm best suits your trading style and goals.

1. Overview

FTMO:
One of the pioneers in the prop trading space, FTMO is known for its structured two-step challenge and excellent trader support. It has built a strong reputation for reliability and transparency.

MyForexFunds (MFF):
MFF quickly became one of the most popular firms due to low entry fees and a variety of programs. However, it has faced regulatory issues and operational pauses, making it a more volatile option.

The5ers:
Focused on long-term trader development, The5ers is unique in offering instant funding and a low-risk growth path. It’s ideal for consistent, disciplined traders who prefer lower pressure environments.

2. Program Types

  • FTMO: 2-Step Evaluation Challenge, Free Trial Available

  • MFF: Evaluation (2-step), Rapid (instant), and Accelerated (instant) programs

  • The5ers: Instant Funding, Bootcamp (evaluation-based), Freestyle Programs

Winner for Instant Funding: The5ers

3. Profit Split

  • FTMO: Up to 90% (after scaling)

  • MFF: Up to 85%

  • The5ers: Up to 75%

While FTMO offers the highest split potential, The5ers offers consistent payouts with lower risk expectations.

Winner for Payout Potential: FTMO

4. Scaling Plans

  • FTMO: Double account size every 4 months (if eligible)

  • MFF: Scaling up to 2 million+ depending on performance

  • The5ers: Scale up to $4 million via clear milestones

Winner for Long-Term Scaling: The5ers

5. Risk Rules & Daily Limits

  • FTMO: 5% daily loss limit, 10% overall

  • MFF: Similar to FTMO with small variations depending on program

  • The5ers: Up to 6% total drawdown; no daily limit on most programs

The5ers gives traders more breathing room with no daily loss restrictions, making it a safer environment for long-term performance.

Winner for Flexibility: The5ers

6. Evaluation Difficulty

  • FTMO: 10% target in 30 days (Phase 1), 5% in 60 days (Phase 2)

  • MFF: 8% (Phase 1), 5% (Phase 2)

  • The5ers: Some programs start with live capital, while others require 6%–10% over unlimited time

The5ers’ lack of time pressure allows traders to focus on quality over speed.

Winner for Low-Stress Evaluation: The5ers

7. Platform Support

All three firms support MetaTrader 4 (MT4) and MetaTrader 5 (MT5), with some adding cTrader.

Winner: Tie

8. Support & Community

  • FTMO: Robust support, educational resources, and a global community

  • MFF: Strong Discord presence, though reputation fluctuates with recent legal issues

  • The5ers: Excellent support, mentoring, and transparent communication

Winner for Trader Development: The5ers

9. Trust & Reputation

  • FTMO: High trust with years of positive reviews

  • MFF: Reputation took a hit in 2023–2024 due to regulatory concerns

  • The5ers: Consistently praised for transparency and fairness

Winner for Reliability: FTMO and The5ers (tie)

Which One Should You Choose?

  • Choose FTMO if: You want high payouts, are confident in passing the challenge, and value a structured environment.

  • Choose MyForexFunds if: You want multiple funding models and are willing to accept risk related to regulatory stability.

  • Choose The5ers if: You value instant funding, low pressure, trader support, and a clear path to long-term growth.

Final Thoughts

There’s no one-size-fits-all answer. The right prop firm depends on your trading style, risk tolerance, and goals.

However, for many disciplined and consistent traders, The5ers offers a unique advantage: you can start trading live capital right away, without the pressure of aggressive targets or tight deadlines.

🎯 Start your trading journey with The5ers and take the first step toward professional trading.

Disclaimer: Always read each firm’s rules and terms before committing. Prop trading involves real financial risk.

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