FTMO
Evaluation provider with 1-Step and 2-Step FTMO Challenge paths, simulated capital and trading objectives.
Research profile →ESTVELO / Prop firm & evaluation directory
Research directory • October 2026Prop firm & evaluation directory
Evaluation firms are not the same as regulated retail brokers. ESTVELO separates their program rules, simulated-account structures, eligibility and payout conditions from broker regulation.
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FundedNext
Evaluation provider with Stellar 1-Step, Stellar 2-Step, Lite and Instant product lines.
Research profile →The5ers
Evaluation provider with High Stakes, Growth/Hyper Growth and Bootcamp program structures.
Research profile →Program structure snapshot
| Provider | Current program examples | Evaluation shape | Important check |
|---|---|---|---|
| FTMO | FTMO Challenge 1-Step / 2-Step | One or two evaluation phases | Current objectives, country eligibility, account type |
| FundedNext | Stellar 1-Step / 2-Step / Lite / Instant | Varies by product | Loss limits, payout option, platform and country rules |
| The5ers | High Stakes / Growth / Bootcamp | One, two or three stages depending on product | Targets, loss rules, inactivity and payout terms |
How ESTVELO evaluates this category
We use provider terms, help centers and current program pages. ESTVELO avoids presenting an advertised account size as equivalent to a cash investment account unless the provider explicitly documents that structure.
Fees, targets, loss limits, payout rules, prohibited strategies and country restrictions can change. Check the current provider terms immediately before purchase.
Paying an evaluation fee does not guarantee passing an evaluation, receiving a provider account or receiving a payout.