The Concept Trading vs The5ers: Elite Prop Firms Comparison
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Introduction
The Concept Trading and The5ers are two prominent prop trading firms that offer aspiring traders pathways to professional trading careers. The Concept Trading stands out for its innovative dual account system and more flexible trading parameters, earning it a solid 4.6/5 Trustpilot rating from 451 reviews. The5ers is widely recognized for its two-phase evaluation model and scaling opportunities, boasting an impressive 4.7/5 Trustpilot rating from over 27,000 reviews. Both firms provide funded accounts to successful traders, but their approaches to evaluation, profit splits, and scaling options differ significantly, making each better suited for different types of traders.
Quick Facts
| Feature | The Concept Trading | The5ers |
|---|---|---|
|  | |
| Founded | 2021 | 2016 |
| Profit Split | 50% all levels except top (90%) | 80-100% |
| Maximum Account Size | $5,000,000 | $4,000,000 |
| Evaluation Phases | — | 3 |
| Trustpilot Rating | 4.7 | 4.8 |
| Expert Grade | 9.1 | 9 |
Program Types
| Program | The Concept Trading | The5ers |
|---|---|---|
| Entry Level Program | AUD 65 | High Stakes (2-Step) |
| Advanced Program | AUD 19997 | Hyper Growth (1-Step) |
| Scaling Options | Yes | Bootcamp (3-Step) |
| Demo Account | Yes | Available |
Rules & Assessment
| Criteria | The Concept Trading | The5ers |
|---|---|---|
| Profit Target | 6-10% | 5-10% |
| Maximum Drawdown | 3-10% static | 10% |
| Minimum Trading Days | — | 3 |
| News Trading | Yes | Yes |
Fees & Pricing
| Option | The Concept Trading | The5ers |
|---|---|---|
| CFD $2.5K Account | Not offered | USD 19 / High Stakes New / One-time |
| CFD $5K Account | AUD 65 / Foundation / One-time | USD 35 / High Stakes New / One-time |
| CFD $10K Account | AUD 110 / Foundation / One-time | USD 69 / High Stakes New / One-time |
| CFD $25K Account | AUD 260 / Foundation / One-time | USD 176 / High Stakes New / One-time |
| CFD $50K Account | Not offered | USD 278 / High Stakes New / One-time |
| CFD $100K Account | Not offered | USD 491 / High Stakes New / One-time |
| Futures $25K Account | Not offered | USD 59 / Day Trade / One-time |
| Futures $50K Account | Not offered | USD 100 / Day Trade / One-time |
| Futures $100K Account | Not offered | USD 170 / Day Trade / One-time |
| Futures $150K Account | Not offered | USD 199 / Day Trade / One-time |
| Coupons / Discount | The Concept Trading discount | The5ers discount |
Platforms & Markets
| Feature | The Concept Trading | The5ers |
|---|---|---|
| Trading Platforms | MetaTrader 5, TradeLocker | MetaTrader 5, cTrader |
| Forex | Yes | Yes |
| Stocks | — | No |
| Indices | — | Yes |
| Commodities | — | Yes |
| Cryptocurrencies | Yes | No |
| Bonds | — | Not available |
| EA/Algo Trading | Yes | Yes |
Payout
| Feature | The Concept Trading | The5ers |
|---|---|---|
| Payout Terms | Once per calendar month (Bank transfer, Crypto, Revolut, PayPal) | Bi-weekly; minimum $150 threshold; bank 3%, Wise/crypto 2%, Hub Credits 0% |
| See all prop firm payouts → | ||
Verdict
| Key Element | The Concept Trading | The5ers |
|---|---|---|
| Strengths | Static drawdown, no daily drawdown, permissive rules, EAs/HFT allowed, low entry fees | Established 2016, 30,000+ verified payouts, Profit scales to 100%, No time limits, Multiple program options |
| Weaknesses | Misleading 90% marketing, one payout/month only, 30-day invoice deadline, capped profits, new discretionary clause | Non-refundable fees, Strict drawdown rules, US traders restricted, Withdrawal fees (2-3%), News trading prohibited on High Stakes |
| Best For | Long-term scalers seeking trading freedom, not monthly income seekers | Structured traders seeking established firm with clear scaling path |
Conclusion and Final Recommendation
Choose The Concept Trading if you want a larger funded ceiling at $5M and coverage of cryptocurrencies that the other does not offer. Choose The5ers if a higher profit split, up to 100% and a cheaper entry, from USD 19 matter more to you. Neither firm is better in the abstract. The right choice depends on your strategy, your budget and the instruments you trade, so read both full reviews before you commit. Verify current rules and pricing on each firm’s own site before purchasing.
Frequently asked questions
What should I know about The Concept Trading’s programs?
The Concept Trading offers a level-based prop program. Its 90% Lock option fixes an eligible account at a chosen level instead of continuing to scale. The Concept Trading official rules; The Concept Trading official program information.
What should I know about The5ers’s programs?
The5ers High Stakes is a two-step program with a scaling ladder. Its advertised maximum profit share is reached through scaling rather than being the standard starting share. The5ers official rules; The5ers official program information.
How do payouts differ between The Concept Trading and The5ers?
Its FAQ describes a 50% standard share and 90% at the top level or through the Lock option. The dedicated Lock rules specify weekly payment at 90% after the activation conditions are satisfied. The Concept Trading official rules; The Concept Trading official program information.
High Stakes starts at 80% and the published ladder reaches 100% at advanced levels. Its payout guide allows funded-stage requests on a biweekly basis and specifies a $150 minimum after the split. The5ers official rules; The5ers official program information.
Which account rules matter when comparing The Concept Trading and The5ers?
The Lock option is unavailable for Foundation and Intern levels. Once selected, the account cannot scale higher. The site’s general payout and inactivity descriptions differ between pages, so those details require confirmation for the selected model. The Concept Trading official rules; The Concept Trading official program information.
High Stakes fee benefits are divided into 10% and 20% non-withdrawable Hub credits after the evaluation steps and a conditional 70% refund at the funded stage. Passing alone does not return the whole fee as cash. The5ers official rules; The5ers official program information.
Is The Concept Trading or The5ers automatically the better choice?
No. Each firm wins on a different axis. The Concept Trading has the larger funded ceiling at $5M and market access the other lacks, namely cryptocurrencies. The5ers has the higher profit split at 100% and the cheaper entry at USD 19. Which of those matters more depends on how you actually trade, so compare how each firm measures drawdown, the total fee once add-ons and resets are included and platform availability, rather than the headline numbers. If you fail an evaluation, do not assume either firm offers a fixed reset discount: check the reset terms for the specific account you bought.
How We Compared The Concept Trading and The5ers
Both firms on this page carry a JoinProp Rating out of 10. We produce that rating with the same 9-factor methodology we apply to every firm we review: payout reliability (20%), fee structure (15%), drawdown rules (15%), profit split (15%), evaluation terms (10%), trading rules (10%), support access and responsiveness (5%), scaling plan (5%), and track record and transparency (5%).
The inputs come from our firm reviews, not from this page. For each firm we work from the current terms and conditions rather than marketing pages, track rule and pricing changes over time, and read payout and support reports across Trustpilot, Reddit and Discord, looking for recurring patterns rather than isolated complaints. Every firm is re-checked at least every 90 days, or sooner after a material change. Affiliate relationships have no effect on any rating, and ratings are never sold.
The tables above show the evidence behind those factors. A few rows, including trading platforms, available instruments, maximum account size and demo availability, are there to help you judge fit and do not affect either rating.
Read our full ranking methodology
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