Prop Firms

Prop Firm Comparison 2026: FTMO vs The5%ers vs E8 vs MyFundedFX

7 min readApril 2026

Choosing a prop firm is one of the most important decisions a funded trader makes. The rules determine how you trade, what risk you can take, and how much you keep. Getting the wrong firm means fighting against rules that don't match your style.

Side-by-Side Comparison

FeatureFTMOThe5%ersE8 FundingMyFundedFX
Max drawdown typeStatic 10%Trailing 6%Trailing 8%Static 10%
Daily loss limit5%4%5%5%
Profit target (Phase 1)10%8%8%8%
Profit target (Phase 2)5%5%5%5%
Time limit30d / 60dNoneNone30d / 60d
Min trading days105None5
Profit split80%80%80%80%
$100k fee~$540~$235*~$228~$440

*The5%ers starts with smaller accounts and scales up based on performance.

Which Firm Suits Your Style?

FTMO suits disciplined traders who want predictable rules. Static drawdown means your buffer grows as you profit. The 10-day minimum ensures you can't pass on 2 lucky trades. Best for: consistent day traders with moderate risk appetite.

The5%ers suits conservative, patient traders. No time limit means zero pressure to rush. Trailing drawdown is tighter but the relaxed timeline compensates. Best for: swing traders and position traders who need time.

E8 Funding suits traders who want low fees with flexible rules. No minimum trading days and no time limit. Trailing drawdown at 8% is moderate. Best for: all styles, especially if cost per attempt matters.

MyFundedFX suits traders who want FTMO-style static drawdown at a lower price point. Similar rules to FTMO with competitive fees. Best for: traders who prefer static drawdown but want lower challenge costs.

Static vs Trailing: The Critical Difference

This is the single biggest factor in choosing a firm. With static drawdown (FTMO, MyFundedFX), your safety buffer grows as you profit. At $110k on a $100k account, you can lose $20k before breaching. With trailing drawdown (The5%ers, E8), your floor follows your high-water mark. At $110k, you can only lose the trailing amount before breaching.

Static is more forgiving for aggressive traders. Trailing is more forgiving for conservative traders who don't push large profits before giving back. Full breakdown in our drawdown rules guide.

Track Your Challenge Regardless of Firm

Track Any Prop Firm Challenge

CopyOptic's Prop Tracker monitors daily loss, max drawdown (static or trailing), profit target, trading days, and consistency rules. Supports FTMO, The5%ers, E8, MyFundedFX, and custom firms.

Set Up Your Tracker

Compare firm rules in detail with our Prop Firm Comparison Tool and plan your challenge timeline with the Prop Firm Planner.

Summary

Choose your prop firm based on drawdown type (static vs trailing), time limits, and fees. FTMO for established static rules. The5%ers for patient trailing. E8 for flexible low-cost. MyFundedFX for static at competitive prices. The right firm matches your trading style and risk profile.