The Concept Trading vs The5ers: Elite Prop Firms Comparison
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 443 reviews. The5ers is widely recognized for its two-phase evaluation model and scaling opportunities, boasting an impressive 4.8/5 Trustpilot rating from over 21,000 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 Comparison
|
| Feature |
The Concept Trading |
The5ers |
|
 |
 |
| Founded |
2021 |
2016 |
| Trustpilot Rating |
4.6/5 (443 reviews) |
4.8/5 (21,000+ reviews) |
| Evaluation Phases |
1-Step on most programs (Foundation is 2-Step) |
1-Step (Hyper Growth), 2-Step (High Stakes), 3-Step (Bootcamp) |
| Profit Split |
Up to 90% |
Up to 100% |
| Account Sizes |
Programs scale up to $50M (Xtreme) |
$5K-$250K initial; scales to $4M |
| Review |
Read full review |
Read full review |
Program Types – Which experience fits your goals?
|
| Program |
The Concept Trading |
The5ers |
| Evaluation Model |
Single-step evaluation on most programs (Traditional, Premier, Empire, Xtreme); 2-step on Foundation |
Three programs: Hyper Growth (1-Step), High Stakes (2-Step), Bootcamp (3-Step) |
| Advanced Program |
Empire / Xtreme: scaling up to $20M / $50M with 90% Lock Rule |
Hyper Growth: One-phase evaluation, news trading allowed |
| Instant Funding |
Available through Express account options |
Available through Instant Funding program |
| Scaling Options |
Up to $50M (Xtreme); 80% capital increase per level across 11 tiers |
Account growth up to $4M through milestone achievements |
| Demo/Trial |
No free demo – Instant Funding available on Traditional, Premier, and Xtreme (bypass evaluation entirely) |
Demo accounts available for practice |
Assessment Criteria – How can you pass the test?
|
| Criteria |
The Concept Trading |
The5ers |
| Profit Target |
Varies by program: 6% (Traditional), 7% (Premier), 10% (Empire), 6% (Xtreme) |
10% (Hyper Growth); 8%/5% (High Stakes); 6% per stage (Bootcamp) |
| Maximum Drawdown |
Static only – no daily DD; 3-10% by program |
5% daily, 10% maximum (across programs) |
| Minimum Trading Days |
None on Traditional/Premier/Empire/Xtreme; 3 days on Foundation |
3 profitable days minimum on High Stakes; no minimum on others |
| Time Limit |
No time limit |
No time limits on any program |
| News Trading |
Allowed (no restrictions) |
Allowed on Hyper Growth & Bootcamp; NOT allowed on High Stakes |
| Weekend Holding |
Allowed (no restrictions) |
Permitted across all programs |
| Account Reset |
None – repurchase the program |
Available for a fee on most programs |
Fees and Pricing – How much will you pay?
|
| Option |
The Concept Trading |
The5ers |
| $10K Account |
From $97 (Traditional) |
From $39 (High Stakes 5K) to ~$120 ($10K range) |
| $25K Account |
From $97 (Traditional) – exact $25K fee at theconcepttrading.com |
From High Stakes mid-range |
| $50K Account |
From $300 (Xtreme entry) |
High Stakes mid-tier |
| $100K Account |
From $997 (Empire entry) |
Up to $545 (High Stakes 100K) |
| $200K Account |
Available via Empire / Xtreme |
Available via Bootcamp ($100K-$250K) |
| Monthly Fees |
None |
None |
| Coupons |
Coupon Code |
Coupon Code |
| Review |
Read full review |
Read full review |
Platforms/Tools – What can you use?
|
| Platform |
The Concept Trading |
The5ers |
| Trading Platform |
Multiple platforms incl. cTrader |
MetaTrader 5 and cTrader (added 2025) |
| EAs/Algorithms |
Allowed with restrictions |
Allowed with restrictions |
| Dashboard |
Comprehensive trader dashboard with analytics |
Detailed trader dashboard with performance metrics |
| Mobile Access |
Available through MT4/MT5 mobile apps |
Available through MT5 mobile app |
| Analytics |
Basic performance metrics |
Advanced analytics and reporting tools |
Available Options/Products
|
| Product |
The Concept Trading |
The5ers |
| Tradable Assets |
Forex, Indices, Commodities, Crypto (CFDs) |
Forex, Indices, Commodities (no crypto/stocks) |
| Account Types |
Foundation, Traditional, Premier, Empire, Xtreme |
Hyper Growth, High Stakes, Bootcamp |
| Maximum Account Size |
Up to $50M (Xtreme; 80% capital increase per level) |
Up to $4M through milestone scaling |
| Education Resources |
Basic educational materials and webinars |
Extensive educational content, community forums, and regular webinars |
| Community Access |
Discord community |
Trading community hub and Telegram group |
Technical Capabilities/Performance
|
| Feature |
The Concept Trading |
The5ers |
| Execution Speed |
Average latency of 45ms |
Average latency of 40ms |
| Maximum Leverage |
Up to 1:200 (program-dependent; 1:30 on Xtreme) |
Up to 1:10 on High Stakes |
| Spreads |
Low institutional-grade spreads |
Competitive spreads with minimal markup |
| Withdrawal Processing |
1-3 business days |
2-4 business days |
| Account Setup Time |
Same day access |
24-48 hours setup time |
| Server Stability |
99.5% uptime |
99.8% uptime |
Trader Support and Communication
|
| Support Option |
The Concept Trading |
The5ers |
| Customer Support Hours |
Mon-Fri 9am-5pm AEST |
24/7 customer support (live chat, email) |
| Average Response Time |
Within 6 hours |
Within 4 hours |
| Training Resources |
Basic video tutorials and documentation |
Comprehensive learning center, webinars, and coaching |
| Community Engagement |
Weekly webinars and monthly trading contests |
Daily market analysis, weekly webinars, and active community events |
| Multilingual Support |
English (per JoinProp review) |
Per JoinProp review (specific languages not enumerated) |
Conclusion and Final Recommendation
|
| Key Element |
The Concept Trading |
The5ers |
| Strengths |
ASIC-regulated structure via Vested Equities (CAR licensing), 1-step evaluation on Traditional/Premier/Empire/Xtreme, scaling up to $50,000,000, 90% Lock Rule, static-drawdown only (no daily DD), no separate reset fee |
Founded 2016 (longest-running prop firm in this comparison), profit splits scale up to 100%, scaling up to $4M, 24/7 customer support, three differentiated programs (Hyper Growth, High Stakes, Bootcamp), Trustpilot 4.8/5 from 21,000+ reviews |
| Weaknesses |
Australian-time-zone support primarily, Foundation program is 2-stage, Xtreme leverage capped at 1:30, founded 2021 (newer than legacy firms) |
More stringent evaluation criteria, longer assessment periods, higher entry costs, lower top-end Trustpilot rating, news trading restricted on High Stakes |
| Best For |
Budget-conscious traders, aggressive traders who prefer flexible parameters, traders looking for quicker funding with higher profit splits |
Long-term career traders, methodical traders who focus on consistency, traders seeking substantial scaling opportunities and educational resources |
| Final Grade |
4.3/5 |
4.8/5 |
| Discount Codes |
Coupon Code |
Coupon Code |
| Review |
Read full review |
Read full review |
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 focuses on Forex, Indices, and Commodities (no crypto or stocks), 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 first pass Level 1 and then complete a more extended Level 2 evaluation (with 15 and 30 minimum trading days respectively). 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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