Prop Firm Offering 1 Million Dollars Funding

FTMO (FTMO s.r.o., Prague) is the sector's most established simulated-funding firm, running a 2-Step and a newer 1-Step challenge. The most important fact is one almost every review gets backwards: the 2-Step fee is refunded 100% with your first payout, while the 1-Step fee is NON-REFUNDABLE. The 1-Step's lower sticker price (€499 vs €540 on a $100K) therefore makes it the more expensive route to funded, permanently. The 2-Step uses a STATIC 10% drawdown; the 1-Step uses an end-of-day TRAILING drawdown, a 3% daily loss, a 50% Best Day Rule that silently blocks payouts, no Scaling Plan — and it resets your entire drawdown buffer every time you withdraw. FTMO charges no withdrawal commission, has no consistency rules on the 2-Step, and scales to $2,000,000. There is no reset product: failing means buying again at full price.

The5ers (Five Percent Online Ltd, a UK company — but contracted under Israeli law with exclusive jurisdiction in Tel Aviv) runs four CFD programmes: Bootcamp, Hyper Growth, Pro Growth and High Stakes. Its real strengths are genuine: drawdown is STATIC on every CFD programme, the split scales to 100% for free rather than as a paid add-on, and High Stakes offers 1:100 leverage. But two things are widely misreported. First, a 3.5% commission is taken from EVERY cash withdrawal — Rise, crypto and bank transfer alike; the only 0% route is non-convertible Hub Credit. Second, the celebrated ~70% fee refund is High Stakes only, is paid as account equity rather than cash, and is itself subject to that 3.5% on the way out. The rule that decides most accounts is the 0.5% profitable-day definition: on a $100K you need $500 of closed profit in a day to qualify, and an open losing position at midnight wipes the day out entirely.