Head-to-head

Five Rings vs FTMO

Five Rings vs FTMO covers the two firms side by side on the facts recorded in their profiles, profiled by proprietarytrading.com.

Profit splits, evaluation fees, payout cadence, supported assets, and trading rules for Five Rings and FTMO. Data pulled live from our firm listings.

Quick verdict

Five Rings is best for

traders avoiding evaluation hurdles.

Full Five Rings profile →

Quick verdict

FTMO is best for

traders prioritizing profit share (90% vs 50%); traders who want to skip the evaluation; copy-trading setups.

Full FTMO profile →

Cost & compensation

Cost and compensation path

Published fees and payout timing apply to trader-paid funding programs. Firm-capital and institutional paths are shown separately because their economics usually depend on hiring, allocation, salary, bonus, or profit-sharing terms.

FTMO

estimate

Approx. total

—

to reach first payout eligibility

Approx. time

7days

from sign-up to first eligible request

Start cost
—
Monthly fee
None
How we estimated this
  • Instant funding offered but cost not published — figure unverified.
  • Source — eval fee: 2-Step €89–€1,080; 1-Step €79–€999; Instant Account €169–€2,999 (all one-time); monthly: 2-Step and 1-Step Challenges: no monthly fee (one-time). FTMO Futures: monthly subscription, Growth $119–$229/mo, Pro $139–$269/mo (USD); first payout: First payout possible after 14 days; reduce to weekly on request.

Five Rings

Firm Capital

Not applicable for this model

This is a firm-capital or hiring-based trading path, not a trader-paid funding program. Compensation is typically handled through salary, bonus, draw, allocation, or profit-sharing arrangements rather than a published evaluation fee and payout schedule.

Trade-offs

Where each firm is weaker

No firm wins on every axis. These are the most meaningful drawbacks of each option — derived from the same structured fields shown in the table, never invented.

Five Rings trade-offs

  • Lower profit split

    Pays 50% versus 90% — 40 points less of every funded dollar.

  • No copy trading

    Forbids copy / algo bridges. FTMO permits them.

FTMO trade-offs

No structural disadvantages versus the other firm based on the fields we track.

Decision guide

Best for your trader type

  • Highest profit share

    FTMO

    90% vs 50%

  • Fastest to funded

    FTMO

    Offers instant funding.

  • Biggest scaling ceiling

    FTMO

    Up to $200,000.

  • Copy & algo traders

    FTMO

    Copy trading is permitted.

  • Fastest payouts

    FTMO

    On-demand (default 14 days, weekly available) payouts.

AttributeFive Rings

Firm Capital · est. 2014

FTMO

Evaluation · est. 2015

Cost
Evaluation fee—2-Step €89–€1,080; 1-Step €79–€999; Instant Account €169–€2,999 (all one-time)
Monthly fee—2-Step and 1-Step Challenges: no monthly fee (one-time). FTMO Futures: monthly subscription, Growth $119–$229/mo, Pro $139–$269/mo (USD)
Evaluation requiredNoYes
Instant fundingNoYes
Capital
Profit split50%90%
Max allocationInstitutional only$200,000
Account sizesInstitutional only$5K (Instant only), $10K, $25K, $50K, $100K, $200K (USD/EUR/GBP/CZK and more)
Scaling—Scaling Plan: +25% balance every 4 months at 10%+ profit over 2 of 4 months.
Payouts
FrequencyAnnual bonusOn-demand (default 14 days, weekly available)
First payout—First payout possible after 14 days; reduce to weekly on request
Assets
FuturesYesYes
StocksYesYes
OptionsYesNo
ForexYesYes
CryptoNoYes
Trading rules
News tradingYesYes
Overnight holdingYesYes
Weekend holdingYesYes
Copy tradingNoYes
Technology
PlatformsProprietarycTrader, DXtrade, MetaTrader 4, MetaTrader 5
Data feed—Purple Trading / Spotware
Company
HeadquartersNew York, USAPrague, Czech Republic

About Five Rings

Quantitative proprietary trading firm trading global financial products using sophisticated mathematical models and technology.

Full Five Rings profile →

About FTMO

Online evaluation program funding remote retail traders.

Full FTMO profile →

Trust & stability

Reputation and rule-change activity

Two added decision signals: a weighted reputation score from independent review sources, and a 90-day view of structural rule-change activity where monitored sources are available.

Reputation

—canonical score

Not enough independent rating sources to compute a canonical score yet.

Rule Stability

last 90d
—Unavailable

We do not currently have enough monitored public rule sources for this firm to report rule-change activity honestly.

Reputation

—canonical score

Not enough independent rating sources to compute a canonical score yet.

Rule Stability

last 90d
—monitoring status
Last change
—
Type
—
Sources monitored
—
Status
No changes detected in monitored sources

Weekly diff of the firm's published rule pages (terms, rules, FAQ, legal). "No changes detected" only means none of the monitored monitored sources changed — other surfaces (Discord, email, dashboards) are not covered. "Limited" or "unavailable" means our monitor cannot reach enough sources to make an honest call.

Frequently asked

Common questions

Which has a higher profit split — Five Rings or FTMO?
Five Rings pays 50%; FTMO pays 90% of trader profits once funded. FTMO pays a higher share to the trader.
Is Five Rings cheaper to start than FTMO?
Five Rings: evaluation pricing varies. FTMO: offers instant funding (no evaluation).
Which pays out faster — Five Rings or FTMO?
Five Rings payouts: Annual bonus. FTMO payouts: On-demand (default 14 days, weekly available). First-payout eligibility: Five Rings — n/a; FTMO — First payout possible after 14 days; reduce to weekly on request.
What's the maximum allocation at Five Rings vs FTMO?
Five Rings scales up to Institutional only. FTMO scales up to $200,000.
Can I trade news at Five Rings or FTMO?
Five Rings: permits news trading. FTMO: permits news trading.
Can I hold positions overnight at Five Rings or FTMO?
Five Rings: allows overnight holds. FTMO: allows overnight holds.

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