Prop Firms

FundedNext vs The5ers — Stellar 2-Step vs High Stakes

FundedNext Stellar 2-Step vs The5ers High Stakes: profit targets, daily and maximum loss, minimum days, payouts and scaling, and which forex trader each suits.

FundedNext and The5ers both run popular two-step forex challenges. FundedNext has lower targets and fixed minimum days; The5ers asks for more profit but rewards steady trading with profitable-day rules and scaling.

At a glance (100K)

FundedNext Stellar 2-StepThe5ers High Stakes
Profit targets8%, then 5%10%, then 5%
Daily loss5% ($5,000)5% ($4,000 on 100K)
Max loss10% static ($10,000)$8,000 static
Activity rule5 trading days per phase3 profitable days of 0.5%+ per step
Time limitNoneNone
Profit split80%, up to 95% with add-ons80%, rising as you scale
Payouts21-day cycle or faster paid optionsEvery 14 days, $150 minimum
PlatformsSeveral — check the current listMT5

Figures from each firm’s published rules as summarised in our reviews, checked November 1, 2026. Rules change often — confirm them on each firm’s site before you buy.

Targets and room

FundedNext’s 8% phase-1 target is easier to reach than The5ers’ 10%, and it gives $10,000 of static room on 100K versus $8,000. For most traders that makes FundedNext the easier evaluation to pass.

Payouts and growth

The5ers pays every 14 days and lets you scale one account as you hit targets, which is its main draw. FundedNext pays on a 21-day cycle by default, with faster options at extra cost.

Which should you choose?

Choose FundedNext if you want the lowest target and the most room. Choose The5ers if you trade steadily on MT5 and want to grow one account over time. See the FundedNext and The5ers reviews, or test both in the challenge simulator.

Frequently asked questions

Which is easier to pass, FundedNext or The5ers?

FundedNext usually, thanks to its lower 8% phase-1 target and more static room on 100K.

Which pays faster?

The5ers pays every 14 days. FundedNext defaults to 21 days, with faster paid options.

Do they allow news trading?

Rules vary by program and change over time; check each firm’s current terms.

TF

TradingFormula Editorial Team

Editorial Team

The TradingFormula editorial team writes and fact-checks every guide on the site. Each article is reviewed against primary sources — exchange contract specifications, regulator registers and the firms' own published terms — before publication.

Risk warning: Trading forex, futures, CFDs, stocks and other leveraged products involves a high risk of loss and is not suitable for every investor. Past performance is not indicative of future results. Nothing on this site is investment advice.