The5ers vs Funding Pips
The5ers and Funding Pips set the same targets on a $100K two step, but they differ on price, loss room, payout cycles, fee refunds and whether funded trades can be held overnight.
The5ers suits traders who want a lower list price on a $100K two step, overnight and weekend holding on the funded account, most of the fee back with the first payout and a scaling plan that lifts the split to 100%. Funding Pips suits traders who want more room, with a 10% maximum loss and a 5% daily limit, and who want to pick their payout rhythm, from weekly payouts at 60% to monthly payouts at 100%. Both ask for 8% and then 5%, so the choice turns on loss limits, cost, payouts and holding rules.
All prices are list prices at the time of review in September 2026. Both firms run frequent promotions, so the checkout price is often lower.
The5ers vs Funding Pips at a glance
The table compares The5ers High Stakes Classic at $100,000 with the Funding Pips 2 Step Standard at $100,000 in its default setup of a 5% daily limit, fortnightly payouts and MetaTrader 5.
| Feature | The5ers High Stakes Classic $100K | Funding Pips 2 Step Standard $100K |
|---|---|---|
| List price | $455 | $652 |
| Steps | Two | Two |
| Profit target | 8% in step 1, 5% in step 2 | 8% in phase 1, 5% in phase 2 |
| Daily loss limit | 4% of the previous day’s closing balance or equity, whichever is higher | 5%, or 3% if chosen at purchase |
| Maximum loss | 8%, static | 10%, static |
| Minimum trading days | Three profitable days of at least 0.5% in each step | Three per phase, or none with the 3% daily option |
| Profit split | 80%, rising to 100% through scaling | 60% weekly, 80% fortnightly, 90% on demand or 100% monthly, chosen at purchase |
| First payout | 14 days after the funded account is activated | At the end of the chosen cycle, or on demand |
| Payout frequency | Every 14 days | Weekly, fortnightly, monthly or on demand |
| Fee refund | 10% as hub credit after step 1, 20% after step 2, 70% in cash with the first payout | With the fourth reward |
| Platforms | MetaTrader 5, cTrader, TradingView | MetaTrader 5, cTrader, Match Trader |
| Trustpilot | 4.7 from 38,678 reviews | 4.5 from 69,368 reviews |
Rules and drawdown
Both firms use a static maximum loss measured from the starting balance, but Funding Pips allows more of it on this size. Its 2 Step Standard sets 10%, so a $100K account fails at $90,000. The5ers High Stakes sets 8% on its $50K and $100K accounts, a floor of $92,000, while its smaller sizes keep 10%. Profit left in The5ers account widens the room above the floor. See trailing vs static drawdown for how static limits work.
The daily limits differ in level and method. The5ers sets 4% on $100K, measured from the higher of the previous day’s closing balance or equity at midnight server time. Funding Pips sets 5% by default, with a 3% option chosen at purchase that removes the minimum day requirement.
The minimum days are close: The5ers needs three profitable days of at least 0.5% of the initial balance in each step, and Funding Pips three trading days per phase. Neither sets a time limit, though The5ers closes evaluation accounts after 30 days without activity and funded High Stakes accounts after 60. Funding Pips applies a 35% consistency score on the 2 Step Standard only if the on demand or monthly cycle is chosen.
Each firm offers other routes. The5ers sells High Stakes New at $405 for $100K with a 10% first step target, Pro Growth as a one step up to $50,000, and a three step Bootcamp costing $300 in total for $100K. Funding Pips sells a 2 Step Pro at $466 with 6% targets and a 6% limit, a 2 Step Flex at $555 and a 1 Step Flex at $666, both with a 12% static limit.
News and holding
Holding rules are the largest practical difference. The5ers allows overnight and weekend holding on every programme, though indices held over the weekend carry high swaps. Funding Pips allows holding during the evaluation, but on 2 Step and 1 Step Flex funded accounts open positions are closed automatically at the end of each day unless the trader buys the Swing add on. The close is not a breach, but it rules out overnight trades on a standard funded account.
News rules apply at different stages. The5ers High Stakes bars order execution from two minutes before to two minutes after high impact news and deducts profit from such trades, though holding through news is allowed. Funding Pips does not restrict holding through news in the evaluation, but on funded accounts profit from trades opened or closed within five minutes of restricted high impact news on the affected currency may be deducted, unless the trade was opened five hours or more before the event. The5ers allows expert advisors if the trader owns the source code.
Pricing and fee refunds
At list price The5ers is cheaper for $100K, at $455 for Classic, against $652 for the Funding Pips 2 Step Standard. Funding Pips prices change with the daily limit, payout cycle and account type chosen, and cTrader adds $20; The5ers charges $10 extra for cTrader. Refunds work differently. The5ers returns 10% of the High Stakes fee as hub credit after step 1, 20% after step 2 and 70% in cash with the first payout. Funding Pips refunds the fee with the fourth reward, and only on the 2 Step Standard.
Payouts
The5ers pays the first High Stakes payout 14 days after the funded account is activated and then every 14 days, processed in up to three business days. The minimum on $100K is $500, and the firm lists a payout cap of $4,000 for that size. Payouts by Rise, crypto or bank transfer carry a 3.5% commission, while those taken as hub credits do not. Scaling adds balance at each 10% target with three profitable days, up to $500,000, raising the split through 85% and 90% to 100%, with fixed monthly payments from $350,000.
Funding Pips ties the split to the cycle chosen at purchase: 60% weekly, 80% fortnightly, 90% on demand and 100% monthly on the 2 Step Standard. The minimum payout is 1% of the funded account size, and $500 by Rise or bank transfer. Requests take one to three working days to process and one to two more for funds to arrive, and trading is disabled while a request is processed. Payout options include USDT or USDC, Rise, bank transfer and card in selected regions. More on payout structures is in prop firm payouts.
Platforms and markets
The5ers offers MetaTrader 5, cTrader and TradingView, with forex, metals, indices, oil and crypto at leverage of 1:100 on High Stakes. TradingView is the only platform for US clients, and cTrader is not available to new US accounts. Funding Pips offers MetaTrader 5, cTrader and Match Trader, with forex, metals, indices, energies and crypto at 1:100 on forex. MetaTrader 5 is not available to US clients, and Match Trader serves US and Canadian residents. Funding Pips charges $5 per lot on forex and metals.
Who should choose each firm
Choose The5ers if
- You want the lower list price and most of the fee back with the first payout.
- You hold trades overnight or over weekends on a funded account.
- You want a scaling path to $500,000 and a 100% split.
Choose Funding Pips if
- You want a 10% maximum loss and a 5% daily limit on $100K.
- You want to choose weekly, fortnightly, monthly or on demand payouts.
- You close positions each day, or you will pay for the Swing add on.
Read the The5ers review, see Funding Pips against FTMO in FTMO vs FundingPips, or browse more comparisons. The comparison table and the CFD prop firms hub list every firm on the site.
Frequently Asked Questions
Is The5ers or Funding Pips cheaper for a $100K two step?
At list price The5ers is cheaper: High Stakes Classic costs $455 and High Stakes New $405, against $652 for the Funding Pips 2 Step Standard in its default setup. Funding Pips also sells a 2 Step Pro at $466 with tighter 6% limits. Both firms run promotions, so compare the checkout price on the day.
Which firm allows a bigger drawdown on $100K?
Funding Pips does on the 2 Step Standard, with a 10% static maximum loss and a 5% daily limit. The5ers High Stakes sets 8% and 4% on its $50K and $100K accounts, while smaller High Stakes sizes keep 10% and 5%. Funding Pips Flex models go further, with a 12% static limit.
Can I hold trades overnight at The5ers and Funding Pips?
The5ers allows overnight and weekend holding on every programme, though weekend index positions carry high swaps. Funding Pips allows holding during the evaluation, but on 2 Step and 1 Step Flex funded accounts open positions are closed automatically at the end of each day unless the trader buys the Swing add on.
How do The5ers and Funding Pips payouts compare?
The5ers pays 14 days after the funded account is activated and then every 14 days, with a $500 minimum and a listed $4,000 cap on $100K, and charges 3.5% unless the payout is taken as hub credits. Funding Pips pays on the cycle chosen at purchase, from weekly at 60% to monthly at 100%, in one to three working days.
Is the challenge fee refunded at The5ers and Funding Pips?
The5ers refunds the High Stakes fee in stages: 10% as hub credit after step 1, 20% after step 2 and 70% in cash with the first payout. Funding Pips refunds the fee with the fourth reward, and only on the 2 Step Standard. Neither refund applies if the trader does not reach those stages.