What you are signing up for
An evaluation is a test where a company lets you trade their capital if you prove you can make money while following strict safety rules. You pay an entry fee to take this test. If you fail by losing too much, you lose that fee.
- Hyperticks offers a wide variety of entry points. Their smallest 1-Step account ($5,000) costs $90. A standard $100,000 2-Step account costs $698.
- The5ers is generally more affordable for beginners. Their High Stakes $5,000 account costs only $39. For a $100,000 High Stakes account, the price is $405 or $455 depending on the specific version.
How hard each one is
The difficulty is measured by the "profit target," which is the amount of money you must earn to pass, and the "drawdown," which is the maximum loss allowed before your account is closed.
- Hyperticks uses targets between 6% and 7%. However, many of their plans use a "trailing drawdown." This means the maximum loss limit follows your highest profit point. If you make $1,000 in profit and then lose it, you might still fail because the "floor" moved up with your gains.
- The5ers sets targets between 8% and 10% for their High Stakes plans. Their drawdown is usually "balance-based," meaning it is calculated based on your starting balance, which is much easier for a beginner to track than a trailing limit.
How long it takes
Most firms have "minimum trading days," which is the lowest number of days you must place at least one trade before you are allowed to pass.
- Hyperticks requires 3 trading days for their 1-Step plans and 5 days for 2-Step plans. Most accounts have no maximum time limit, but the "Beginner Max" plan forces you to finish in 30 days.
- The5ers requires 3 profitable days (where you earn at least 0.5%) to pass the High Stakes evaluation. There is no maximum time limit, so you can take months to reach the goal if you prefer to be cautious.
Where beginners fail
Beginners often fail due to "consistency rules." This rule prevents you from passing the test with one lucky "gambling" trade; your profits must be spread out.
- Hyperticks has a 35% to 40% consistency rule on several plans. This means if your profit target is $5,000, no single day can account for more than $1,750 of that total. They also require trades to be open for at least 2 minutes.
- The5ers has a 50% consistency rule on their "Summer" plans, but their standard High Stakes plans are more relaxed. They do, however, prohibit "bracketing," which is placing orders in both directions right before a big news event to catch a sudden move.
What happens if you make it
If you pass, you get a "funded account" and a "profit split," which is the percentage of the gains you get to keep as real money.
- Hyperticks gives you between 70% and 90% of the profits. You can request your money "on demand" once you meet the trading day requirements. They refund your entry fee with your second or third successful payout.
- The5ers starts your split at 80% on High Stakes and can grow to 100% as you scale up (increase your account size). They refund your fee as soon as you pass the evaluation. The first payout happens 14 days after you start the funded stage.
If it is your first time
For a complete beginner, The5ers is the recommended choice.
- It is significantly cheaper to start (only $39 for a small account).
- The "balance-based" drawdown is easier to understand than the "trailing" drawdown used by Hyperticks.
- They use MetaTrader 5 and cTrader, which are the industry standards, while Hyperticks uses specialized platforms like ATAS or Volumetrica that might be confusing for a novice.
Frequently asked questions
Which firm is cheaper to start a $5,000 evaluation, Hyperticks or The5ers?
The5ers is much cheaper for a small start. Their $5,000 High Stakes account costs $39, while the cheapest $5,000 option at Hyperticks is the 1-Step account for $90.
Does Hyperticks or The5ers offer a higher profit split for the trader?
Hyperticks offers a higher starting split of up to 90% on their Beginner and Hyper plans. The5ers starts at 80% for High Stakes, though it can eventually reach 100% if the trader successfully scales the account to $250,000 or more.
Which firm has a more beginner-friendly drawdown rule, Hyperticks or The5ers?
The5ers is more friendly because it uses a balance-based drawdown. Hyperticks uses a trailing drawdown on many plans (like Beginner Max or Hyper Lite), which is harder for beginners because the maximum allowed loss increases every time the account balance reaches a new high.
Which firm offers more platform choices, Hyperticks or The5ers?
Hyperticks offers more specialized platforms including TradingView, Volumetrica, ATAS, DeepCharts, and DeepDOM. The5ers focuses on more traditional trading software, offering MetaTrader 5, cTrader, and TradingView.
