The5ers is a solid firm, rated 4.0/5 in our The5ers review, but it isn’t right for everyone. Common reasons traders look elsewhere include slower payouts, a 3.5% withdrawal fee and 2026 payout delays. These are the best The5ers alternatives for South African traders, and what each does better.
Quick list
FTMO, Funding Pips, FundedNext, SabioTrade.
How The5ers compares
| Evaluation | High Stakes 2-step (10% / 5%), Growth 1-step (10%), Bootcamp 3-step |
|---|---|
| Maximum loss | 10% (High Stakes); 6% stop-out (Growth) |
| Profit split | 80% rising to 100% at $350K (High Stakes) |
| Payouts | Every 14 days (5–8 business days; 3.5% fee on cash methods) |
| Platforms | MT5 |
The best The5ers alternatives
1. FTMO
Why switch: More reliable payouts in 2026, no withdrawal fee from the firm, and more platforms.
| Entry price | €89 ($10K) |
|---|---|
| Maximum loss | 10% static (2-Step); 10% trailing (1-Step) |
| Profit split | 80%, up to 90% via scaling |
| Payouts | First after 14 days, then bi-weekly or on demand |
Visit FTMO Read our FTMO review
2. Funding Pips
Why switch: Faster payouts, no withdrawal fee and a static drawdown at low prices.
| Entry price | about $29–$36 ($5K) |
|---|---|
| Maximum loss | Static on evaluations |
| Profit split | 60% weekly, 80% bi-weekly, 100% monthly |
| Payouts | Weekly, bi-weekly, monthly or on demand |
Visit Funding Pips Read our Funding Pips review
3. FundedNext
Why switch: A 24-hour payout guarantee and MT4/MT5 support.
| Entry price | $59.99 ($6K) |
|---|---|
| Maximum loss | 10% static (2-Step); 6% static (1-Step) |
| Profit split | 80%; 90% via scaling; 95% add-on |
| Payouts | 1-Step every 5 business days; 2-Step after 21 days, then 14 |
Visit FundedNext Read our FundedNext review
4. SabioTrade
Why switch: Weekly reward requests and built-in education, with no time limit.
| Entry price | $139 ($20K) |
|---|---|
| Maximum loss | 6% trailing from highest balance |
| Profit split | 80% ($20K–$50K) or 90% ($100K+) |
| Payouts | Every 7 days |
Visit SabioTrade Read our SabioTrade review
When to stay with The5ers
Stay with The5ers if you’re building a long-term track record and want its scaling path to a 100% split, but test withdrawals regularly.
How to choose
Start with the reason you’re leaving The5ers. If it’s drawdown rules, prioritise firms with a static maximum loss. If it’s payouts, compare frequency and speed on our fastest paying prop firms page. If it’s platforms or EAs, check the platform list first. Then compare two finalists side by side using our comparison pages.
FAQ
What is the best alternative to The5ers?
It depends on why you’re switching. FTMO: More reliable payouts in 2026, no withdrawal fee from the firm, and more platforms.
Is there a cheaper alternative to The5ers?
The5ers starts at $19 for $2,500, and Funding Pips, FXIFY and E8 Markets start around $29–$40 for $5,000.
Do these The5ers alternatives accept South Africans?
Yes. Every firm listed accepts South African residents; confirm eligibility at checkout.