Topstep vs The5ers Futures

Two futures props, one decision. Here’s how Topstep and The5ers Futures compare on the things that cost you money.

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Side by side

MetricTopstepThe5ers Futures
Cheapest entry (true cost)$49$240
Profit split90%80/20
Drawdown typeTrailing intradayEOD max loss (no intraday trail)
Max drawdownTrailing (by size)4% EOD ($25K)
Payout frequencyOn requestEvery 14 days · min $150
Days to payout5 winning days · 1–3 day processing
Min payout$125
Our take: Topstep is the cheaper way in. Match the drawdown model to how you actually trade and you're set.

Topstep

12+ year operating history. Rare real-capital live tier.

Full Topstep review →

The5ers Futures

One-step futures from the 10-year CFD veteran. EOD loss, no monthlies.

Visit The5ers Futures →

Full The5ers Futures review →

Compare more in the comparison tool or the true-cost hub.

FAQ

Is Topstep or The5ers Futures cheaper?
On cheapest true-cost entry, Topstep comes in lower. See the table for exact figures.
Which is better, Topstep or The5ers Futures?
It depends on your asset class and drawdown tolerance. The comparison above lays out cost, drawdown and payouts so you decide on facts.
Compared 2026-06-09. Verify current terms on each firm’s site.