For Traders vs The5ers - Prop Firm Comparison
Introduction
For Traders and The5ers represent two different generations of prop firm. For Traders launched in 2023 from Dubai and competes on choice, offering 1-Step, 2-Step, 3-Step and even Instant funding routes, account allocations as large as $300K, a refundable evaluation fee, and a proprietary platform alongside cTrader and TradeLocker. The5ers, live since 2016, competes on reputation, holding a 4.7/5 Trustpilot score from more than 27,000 reviews against For Traders’ younger 3.9/5 from 1,595. The two also diverge on payouts and platforms. The5ers pays up to a 100% profit split and runs entirely on MetaTrader 5, while For Traders tops out at 90% but gives traders more platform flexibility. Evaluation structure is where For Traders stands out most: its Instant option lets qualifying traders skip the challenge entirely, something The5ers does not offer, as The5ers keeps to a 2-Step path and a 1-Step Hyper Growth route. Both firms apply a 5% maximum daily loss and both include scaling plans, but their timing rules differ. For Traders sets a 5-day minimum trading requirement, whereas The5ers places no time limit on the evaluation, letting traders work at their own pace. On fees, For Traders refunds the evaluation cost while The5ers does not, though The5ers entry starts low at around $75. A trader who wants flexible funding routes, instant access and a larger maximum account will lean toward For Traders; one who prioritises a proven track record and the highest profit split will prefer The5ers.
When comparing prop trading firms, For Traders and The5ers each offer distinct paths to funded trading. For Traders is Dubai, UAE-based, founded in 2023, and is known for Multiple challenge formats including 3-Step and Instant, For Traders X, cTrader, TradeLocker, and TradingView platform support. It holds a 3.9/5 Trustpilot rating from 1,595 reviews (June 2026). The5ers, based in Israel, was founded in 2016 and stands out for Established since 2016 – strongest track record, Scales up to $4M, holding a 4.7/5 (27,591 reviews) Trustpilot rating. Both firms provide paths to funded accounts, but their evaluation structures, pricing, and trader benefits differ in key ways that may suit different trader profiles.
Quick Comparison | ||
|---|---|---|
| Feature | For Traders | The5ers |
 |  | |
| Founded | 2023 (Dubai, UAE) | 2016 (Israel) |
| Trustpilot Rating | 3.9/5 (1,595 reviews, June 2026) | 4.7/5 (27,591 reviews) |
| Minimum Evaluation Cost | Check firm site | $75 |
| Profit Split | up to 90% | up to 100% |
| Evaluation Phases | 1-Step, 2-Step, 3-Step, Instant | 2-Step, 1-Step (Hyper Growth) |
| Refundable Fee | Yes | No |
| Review | Read full review | Read full review |
Key Differences Between For Traders and The5ers
- Funding routes: For Traders offers 1-Step, 2-Step, 3-Step and Instant funding; The5ers runs a 2-Step path plus a 1-Step Hyper Growth option with no instant route.
- Profit split: The5ers reaches up to 100%, while For Traders tops out at 90%.
- Track record: The5ers holds 4.7/5 from 27,000+ reviews since 2016; For Traders, founded in 2023, holds 3.9/5 from 1,595.
- Platforms: For Traders runs its proprietary For Traders X plus cTrader and TradeLocker; The5ers uses MetaTrader 5 only.
- Maximum account: For Traders allocates up to $300K; The5ers lists accounts up to $100K and scales through its growth plan.
- Fee refunds: For Traders refunds the evaluation fee; The5ers does not, though it starts low at around $75.
- Time limits: For Traders requires a 5-day minimum; The5ers sets no time limit on the evaluation.
- Profit targets: For Traders uses an 8-10% Phase 1 and 5% Phase 2; The5ers uses 10% in Phase 1 and 5% in Phase 2.
Program Types – Which experience fits your goals? | ||
|---|---|---|
| Program | For Traders | The5ers |
| Main Evaluation Format | 1-Step, 2-Step, 3-Step, Instant | 2-Step, 1-Step (Hyper Growth) |
| Account Sizes | $10K – $300K (up to $300K allocation) | $5K, $10K, $25K, $50K, $100K |
| Time Limits | Min 5 trading days | No time limit |
| Scaling Plan | Yes | Yes |
| One-Step Option | Yes | Yes |
Assessment Criteria – How can you pass the test? | ||
|---|---|---|
| Criteria | For Traders | The5ers |
| Profit Target | Phase 1: 8-10% (varies by plan) / Phase 2: 5% (2-Step) | Phase 1: 10% / Phase 2: 5% |
| Maximum Daily Loss | 5% | 5% |
| Maximum Overall Loss | 10% | 10% |
| Minimum Trading Days | 5 | None |
| Holding Positions | Overnight only | Overnight & weekends |
| News Trading | Restricted (3-min window) | Allowed |
| Trading Hours | 24/5 (standard markets) | 24/5 (standard markets) |
Fees and Pricing – How much will you pay? | ||
|---|---|---|
| Option | For Traders | The5ers |
| $10K Account | Available – from Check firm site (entry) | Available – $69 (entry) |
| $25K Account | Available – from Check firm site (entry) | Available – $176 (entry) |
| $50K Account | Available – from Check firm site (entry) | Available – $278 (entry) |
| $100K Account | Available – from Check firm site (entry) | Available – $491 (entry) |
| $200K Account | Not offered | Not offered |
| Reset Fee | ~50% of initial fee (check firm site) | ~50% of initial fee (check firm site) |
| Coupons | Coupon / Discount | Coupon / Discount |
| Review | Read full review | Read full review |
Platforms/Tools – What can you use? | ||
|---|---|---|
| Feature | For Traders | The5ers |
| Trading Platforms | For Traders X (proprietary), cTrader, TradeLocker, TradingView | MT5 |
| Dashboard Interface | Yes – trader dashboard | Yes – trader dashboard |
| Performance Analytics | Included | Included |
| Mobile Access | Yes | Platform-dependent |
| Demo Accounts | Available on request | Available on request |
Available Markets – What can you trade? | ||
|---|---|---|
| Market | For Traders | The5ers |
| Forex | Available (major, minor, exotic pairs) | Available (major, minor, exotic pairs) |
| Indices | Major global indices | Major global indices |
| Commodities | Gold, silver, oil, natural gas | Gold, silver, oil, natural gas |
| Crypto | Available (70+ crypto symbols) | Available (crypto via CFD) |
| Stocks/Equities | Not offered | Not offered |
Trader Benefits – What perks will you receive? | ||
|---|---|---|
| Benefit | For Traders | The5ers |
| Profit Split | up to 90% | up to 100% |
| Payout Frequency | On-demand | Bi-weekly |
| Payout Speed | 1-3 business days | 1-3 days |
| Scaling Opportunities | Yes – account scaling plan | Yes – account scaling plan |
| Educational Resources | Yes | Yes |
| Customer Support | Email and live chat | Email and live chat |
Technical Capabilities | ||
|---|---|---|
| Feature | For Traders | The5ers |
| Max Leverage | 1:100 | Up to 1:100 (High Stakes); 1:30 (other programs) |
| EA / Algo Trading | cBots (cTrader); platform-native automation | Expert Advisors (MT5) |
| Copy Trading | Not permitted | Own accounts only |
| News Trading | Restricted (3-min window) | Allowed |
| Overnight Holding | Yes | Yes |
| Weekend Holding | No | Yes |
Conclusion and Final Recommendation | ||
|---|---|---|
| Key Element | For Traders | The5ers |
| Strengths | Multiple challenge formats including 3-Step and Instant / For Traders X, cTrader, TradeLocker, and TradingView platform support / Operations in 130+ countries | Established since 2016 – strongest track record / Scales up to $4M / Israeli-regulated structure |
| Weaknesses | No crypto spot trading / News trading restricted (3-min window rule) / Copy trading not permitted | MetaTrader 5 only (no cTrader or TradingView) / Two-phase evaluation on High Stakes / Max funded account $100K (below some competitors) |
| Best For | Forex traders wanting flexible evaluation formats | Conservative traders who prioritise firm stability |
| Final Grade How we rank firms ↗ | 7.5 | 9 |
| Discount Codes | Get Discount | Get Discount |
| Review | Read full review | Read full review |
FAQ
What makes For Traders stand out among prop firms?
For Traders, based in Dubai, UAE, was founded in 2023 and is best known for multiple challenge formats including 3-step and instant, For Traders X, cTrader, TradeLocker, and TradingView platform support. With a minimum evaluation cost of Check firm site and a up to 90% profit split, it offers a developing value proposition for forex traders wanting flexible evaluation formats.
How does The5ers differ from other prop firms?
The5ers, based in Israel and founded in 2016, differentiates itself through Established since 2016 – strongest track record, Scales up to $4M. With a up to 100% profit split and 2-Step, 1-Step (Hyper Growth) evaluation, it is particularly suited to conservative traders who prioritise firm stability.
Which firm offers better payouts – For Traders or The5ers?
For Traders offers a up to 90% profit split with On-demand payouts processed in 1-3 business days. The5ers offers a up to 100% profit split with Bi-weekly payouts in 1-3 days. The better choice depends on whether you prioritise split percentage or payout frequency.
Are these prop firms suitable for beginners?
Both firms can accommodate beginners, but with different considerations. For Traders is best suited to Forex traders wanting flexible evaluation formats, while The5ers is better aligned with conservative traders who prioritise firm stability. New traders should start with the smallest available account size and thoroughly review all rules before committing.
What happens if I fail the evaluation at either firm?
Most prop firms allow traders to purchase a reset to restart their evaluation phase, typically at 40-50% of the original fee. Neither firm penalises future attempts based on previous failures. Check each firm’s official site for current reset pricing and terms.
Does For Traders or The5ers offer instant funding without an evaluation?
For Traders does. Its Instant funding option lets qualifying traders skip the challenge and trade a funded account directly, alongside its 1-Step, 2-Step and 3-Step routes. The5ers does not offer instant funding; every trader goes through an evaluation, either its 2-Step path or the 1-Step Hyper Growth program.
Which firm has the stronger track record, For Traders or The5ers?
The5ers has the longer and stronger record. It has operated since 2016 and holds a 4.7/5 Trustpilot rating from more than 27,000 reviews. For Traders launched in 2023 and currently sits at 3.9/5 from 1,595 reviews, so it is the newer, less proven option of the two.
How was this Comparison Created?
1. We Collect
Our research team gathered data directly from the official websites, terms of service documents, and public communications of both For Traders and The5ers. We supplemented this with verified user reviews on Trustpilot and trading community forums, and consulted active traders with first-hand experience at each firm.
2. We Examine
Our team of professional traders verified all information, cross-checking accuracy against each firm’s current platform, evaluation parameters, and pricing pages. Special attention was paid to profit split structures, drawdown rules, and payout conditions to ensure our assessment reflects the real trader experience.
3. We Score
We apply a scoring methodology across seven key categories: evaluation structure, trading conditions, costs and fees, platform quality, profit potential, customer support, and educational resources. Each category is weighted by importance to traders at different experience levels.
4. You Choose
This comparison is designed to help you identify which firm better aligns with your trading style, experience level, and goals. Consider your priorities – evaluation flexibility, profit split, platform preference, and firm track record – then visit each firm’s full review on JoinProp for the complete picture. Read the For Traders review or read the The5ers review to go deeper.
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