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.

FeatureThe Concept TradingThe5ers
The Concept Trading The5ers
Founded20212016
Profit Split50% all levels except top (90%)80-100%
Maximum Account Size$5,000,000$4,000,000
Evaluation Phases3
Trustpilot Rating4.74.8
Expert Grade9.19
ProgramThe Concept TradingThe5ers
Entry Level ProgramAUD 65High Stakes (2-Step)
Advanced ProgramAUD 19997Hyper Growth (1-Step)
Scaling OptionsYesBootcamp (3-Step)
Demo AccountYesAvailable
CriteriaThe Concept TradingThe5ers
Profit Target6-10%5-10%
Maximum Drawdown3-10% static10%
Minimum Trading Days3
News TradingYesYes
OptionThe Concept TradingThe5ers
CFD $2.5K AccountUSD 19 / High Stakes New / One-time
CFD $5K AccountAUD 65 / Foundation / One-timeUSD 35 / High Stakes New / One-time
CFD $10K AccountAUD 110 / Foundation / One-timeUSD 69 / High Stakes New / One-time
CFD $25K AccountAUD 260 / Foundation / One-timeUSD 176 / High Stakes New / One-time
CFD $50K AccountUSD 278 / High Stakes New / One-time
CFD $100K AccountUSD 491 / High Stakes New / One-time
Futures $25K AccountUSD 59 / Day Trade / One-time
Futures $50K AccountUSD 100 / Day Trade / One-time
Futures $100K AccountUSD 170 / Day Trade / One-time
Futures $150K AccountUSD 199 / Day Trade / One-time
Coupons / DiscountThe Concept Trading discountThe5ers discount
FeatureThe Concept TradingThe5ers
Trading PlatformsMetaTrader 5, TradeLockerMetaTrader 5, cTrader
ForexYesYes
StocksNo
IndicesYes
CommoditiesYes
CryptocurrenciesYesNo
BondsNot available
EA/Algo TradingYesYes
FeatureThe Concept TradingThe5ers
Payout TermsOnce 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 →
Key ElementThe Concept TradingThe5ers
StrengthsStatic drawdown, no daily drawdown, permissive rules, EAs/HFT allowed, low entry feesEstablished 2016, 30,000+ verified payouts, Profit scales to 100%, No time limits, Multiple program options
WeaknessesMisleading 90% marketing, one payout/month only, 30-day invoice deadline, capped profits, new discretionary clauseNon-refundable fees, Strict drawdown rules, US traders restricted, Withdrawal fees (2-3%), News trading prohibited on High Stakes
Best ForLong-term scalers seeking trading freedom, not monthly income seekersStructured traders seeking established firm with clear scaling path

FAQ

What makes The Concept Trading popular among users?

The Concept Trading has gained popularity for its one-rule structure (do not breach the static drawdown), with no daily loss limits and no restrictions on trading style across most programs. This unique approach, combined with higher profit splits (up to 90%), more flexible trading parameters, and significantly lower entry fees compared to competitors, appeals to traders who want faster funding with fewer restrictions. Their no separate reset fee policy and absence of time limits for completing challenges also makes them attractive to traders who prefer a less pressured evaluation process.

How does The5ers differ from other similar organizations?

The5ers stands out with its comprehensive scaling plan that can take traders from small accounts up to $4 million, which is among the highest in the industry. Their three program structures (Hyper Growth 1-Step, High Stakes 2-Step, Bootcamp 3-Step) are designed to identify consistent, disciplined traders rather than just those who can hit profit targets. The firm is also known for its extensive educational resources, active trader community, and exceptional customer support. Unlike many competitors, The5ers covers Forex, metals, indices, oil, and crypto, and their longevity since 2016 in business gives them credibility many newer prop firms lack.

Which has better profit-sharing terms between The Concept Trading and The5ers?

Both firms reach high profit splits at the top end – The Concept Trading via its 90% Lock Rule and The5ers scaling up to 100% for top performers. The Concept Trading entry-tier programs may start at 50%, scaling to 90% via the Lock Rule. The5ers starts at 80% and scales to 100% based on performance milestones. However, it’s important to consider that The5ers’ scaling program can lead to significantly larger account sizes over time, which might compensate for the lower percentage split for high-volume traders.

Are there significant differences in the evaluation processes?

Yes, the evaluation processes differ substantially. The Concept Trading uses a single-step evaluation on Traditional, Premier, Empire, and Xtreme (Foundation is 2-stage), with no daily drawdown limit and no minimum trading days on the 1-step programs. The5ers employs a traditional two-phase challenge model with their standard program, requiring traders to pass Step 1 (10% target) and then Step 2 (5% target) of the High Stakes program. The5ers’ Hyper Growth program offers a 1-step evaluation with a 10% target and news trading allowed, while High Stakes (2-step) requires a minimum of 3 profitable trading days per phase.

Which firm is better for beginners vs. experienced traders?

Beginners might find The Concept Trading more accessible due to its lower entry costs, simpler evaluation structure, and more lenient trading parameters. The absence of time pressure also allows new traders to develop at their own pace. Experienced traders looking for long-term career development might prefer The5ers for its established reputation, comprehensive educational resources, and substantial scaling opportunities that can lead to managing multi-million dollar accounts. The5ers’ more stringent criteria tend to favor disciplined, consistent traders who have already developed solid risk management skills.

How was this 2 companies Comparison Created?

1. We Collect

Our comparison process begins with extensive data collection from multiple sources. We analyze both companies’ official websites, terms of service documents, and program specifications. We supplement this with verified user reviews from Trustpilot, TrustScore, and trading forums. We also gather feedback directly from active traders currently using both platforms, and monitor social media channels for user experiences and company announcements. This multi-source approach ensures we capture both official information and real-world trader experiences.

2. We Examine

All collected information undergoes rigorous verification and analysis by our team of professional traders and financial analysts with direct experience in prop trading. We test both platforms when possible, comparing stated policies against actual implementation. We verify fee structures, profit-sharing terms, and scaling opportunities. Each evaluation criterion is assessed multiple times to ensure accuracy, with particular attention to how rules are enforced and exceptions handled. This hands-on examination reveals the practical realities of trading with each firm.

3. We Score

Our scoring methodology evaluates both companies across 15 key categories including pricing, platform reliability, evaluation difficulty, profit split terms, scaling options, customer support quality, educational resources, and long-term viability. Each category receives a weighted score based on its importance to traders, with critical factors like payout reliability and risk parameters weighted more heavily. Scores are normalized on a 5-point scale, with detailed notes explaining strengths and weaknesses in each area. This creates a balanced, comprehensive assessment.

4. You Choose

With our detailed comparison in hand, consider your personal trading style, experience level, and financial goals. If you’re seeking higher profit splits with more flexible trading parameters and lower entry costs, The Concept Trading might be your ideal match. If you value established reputation, extensive educational resources, and significant scaling opportunities for long-term growth, The5ers could better serve your needs. Remember that the “best” option depends entirely on your individual circumstances and trading objectives.

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JoinProp 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.