Scalping and High-Frequency Trading
Scalpers will find different levels of freedom depending on the specific plan chosen in these firms.
- Fundex: In the "2-Step Classic" evaluation, every trade must remain open for at least 3 minutes. Violating this rule leads to a warning and eventually a breach. However, the "2-Step Pro" evaluation and all funded accounts have no minimum holding time. Trading is done via MatchTrader or the proprietary Fundex Terminal.
- The5ers: Scalping is generally allowed without time-based restrictions. For high-precision execution, they offer MetaTrader 5, cTrader, and TradingView, which are often preferred by scalpers over proprietary terminals.
- Risk and Costs: Fundex applies a 5% daily drawdown measured on equity. The5ers uses an End-of-Day (EOD) high-watermark calculation for daily loss (3% to 5% depending on the plan), which can be more forgiving for scalpers who close positions before the day ends.
News Trading
Both firms are relatively flexible regarding news trading, but with specific caveats for certain programs.
- Fundex: News trading is fully permitted without restrictions on opening or closing orders during high-impact events. This is ideal for volatility traders.
- The5ers: Restrictions depend on the account type. In the "High Stakes" program, traders are not allowed to open or close orders 2 minutes before and after a news release; doing so results in a profit deduction. However, in Hyper-Growth and Bootcamp programs, news trading is fully allowed (except for news bracketing).
- Platform Impact: Fundex Terminal uses integrated data from Bitunix and Lighter for crypto news trading. The5ers’ use of established brokers/liquidity providers offers a more traditional environment for forex news.
Automated Trading (EAs) and Algorithms
Traders using Expert Advisors must ensure their strategy is original to avoid being flagged for prohibited behavior.
- Fundex: EAs are allowed as long as the underlying strategy belongs to the trader. Prohibited strategies include HFT (High-Frequency Trading), arbitrage, martingale, grid, and external trade-replication.
- The5ers: EAs are permitted, but the firm requires the trader to own the source code or have a unique strategy. They strictly prohibit third-party "pass-your-challenge" services and tick scalping.
- Interactions: Fundex allows weekend holding, which is beneficial for automated systems that don't want to close positions Friday night. The5ers also permits weekend holding across its programs.
Swing Trading and Long-Term Positions
For those who hold trades for days or weeks, the drawdown structure and swap fees are the most critical factors.
- Fundex: Uses a static maximum drawdown (10% for Classic, 8% for Pro), which does not trail your profits. This is excellent for swing traders as it provides a fixed safety net. However, they do not offer swap-free accounts.
- The5ers: Offers "Swap Free" accounts upon request for the funded stage. Their maximum drawdown is balance-based, which is also favorable for long-term positions.
- Risk Management: Fundex requires a minimum trading day count of 5 days for Classic accounts (with a notional value of at least 5% of the balance), whereas Pro accounts have no such requirement.
Copy Trading and Hedging
These strategies are the most heavily restricted to prevent risk manipulation across different accounts.
- Fundex: Hedging or arbitraging between multiple Fundex accounts or between Fundex and external accounts is strictly prohibited. Copy trading and replicated signals are also banned.
- The5ers: Allows copy trading between your own accounts, but once you manage $500,000 or more in total capital, copying trades between accounts is no longer permitted. Hedging across different accounts is prohibited.
- Limits: Fundex caps total funded allocation at $400,000, while The5ers allows scaling up to $4,000,000 in certain programs like Bootcamp.
If you trade like this
- If you want the fastest payouts: Choose Fundex, as they process most requests via Rise within 60 minutes and all within 24 hours.
- If you are a professional scalper using cTrader: Choose The5ers, as Fundex is limited to MatchTrader and their own proprietary terminal.
- If you prefer a static drawdown that never moves: Choose Fundex, as it provides a clear 10% or 8% limit from the starting balance.
- If you want to scale to millions of dollars: Choose The5ers, specifically their Bootcamp or Hyper-Growth programs which have clear paths to $4M.
Frequently asked questions
Which firm is more affordable for a $100,000 challenge, Fundex or The5ers?
The5ers is significantly more affordable for this size, especially with their "Summer Plan" 2-Step challenge priced at $149 (limited time) or their "High Stakes" challenge at $455. In contrast, Fundex charges $529 for their 2-Step Classic $100k account and $749 for the 2-Step Pro version.
Who offers faster profit withdrawals, Fundex or The5ers?
Fundex offers much faster payouts, processing requests on demand within a maximum of 24 hours (including weekends) with no fixed waiting periods. The5ers requires a 14-day waiting period after the funded account is activated for the first withdrawal, and subsequent payouts are available every two weeks.
Which firm has more restrictive rules for scalpers, Fundex or The5ers?
Fundex is more restrictive for scalpers specifically in their "2-Step Classic" evaluation, which enforces a 3-minute minimum trade duration. The5ers does not have a minimum holding time rule. However, Fundex removes this restriction in their "Pro" plan and once the trader is funded.
Which platforms can I use to trade with Fundex versus The5ers?
The5ers offers a wider and more professional selection of platforms, including MetaTrader 5, cTrader, and TradingView. Fundex is more limited, offering only MatchTrader and a proprietary "Fundex Terminal" specifically designed for crypto and tokenized assets.























