The5ers Prop Firm is a premier choice for traders seeking substantial funding and professional growth. Offering opportunities to trade up to $4,000,000 across forex, metals, indices, commodities, and crypto, The5ers provides the tools, support, and community needed for success.
The5ers is a private equity fund that supports traders globally through programs like Hyper Growth, High Stakes, and Bootcamp. Catering to various trading styles and risk appetites, The5ers ensures exceptional trading conditions, frequent payouts, and a supportive community.
With no time pressure and clear trading objectives, The5ers helps traders focus on achieving their full potential.
About The5ers
Legal Company Name
FIVE PERCENT ONLINE LTD.
Address Details
14 Haroshet St, Raanaa, Israel
Founding Year
Not specified
Registration Location
Israel
Executive Team
- CEO: Saul Lokier
- Founder: Gil Ben Hur
- Chief Operations Officer: Yaniv Elbaz
- Head of Content Marketing: Tomer Dubrov
- Trader Success: Alexander Kriss
- Web Manager: Ophira Top
- Chief Technology Officer: Georgy Glezer
- Head of Finance: Chen Shlomo
- Traders Success Agent: Emy Zemmour
- CEO of Trade The Pool: Michael Katz
Trading Platforms
The5ers utilizes the MT5 platform from MetaQuotes, known for its advanced features and benefits over MT4, enhancing trading results.
Instruments Available at The5ers
- Forex
- Metals
- Indices
- Commodities
- Crypto
How to Make Payments at The5ers Prop Firm
Payments can be made via direct transfer, credit cards, and cryptocurrencies. Note that additional fees may apply for cryptocurrency transactions.
Account Sizes
- Bootcamp: $100,000 account
- Hyper Growth: Apply for $10,000, $20,000, and $40,000 accounts
- High Stakes: Step evaluations ranging from $5,000 to $100,000 accounts
Profit Splits in The5ers Prop Firm
- Bootcamp and Hyper Growth programs start at 50%, scaling up to 100%.
- High Stakes program starts at 80%, scaling up to 100%.
Profit Targets for The5ers Prop Firm
- Bootcamp: Various profit targets (e.g., 6% for steps, 5% for funded traders)
- Hyper Growth: 10% evaluation target
- High Stakes: 8% to 10% profit target for scaling
Maximum Daily Drawdown and Loss at The5ers Prop Firm
- Bootcamp: Max loss 4% to 5%
- Hyper Growth: Stop out level 6%, daily pause 3%
- High Stakes: Max daily loss 5%, max loss 10%
Minimum/Maximum Trading Days Required at The5ers Prop Firm
- Bootcamp: No minimum trading days required
- Hyper Growth: No minimum trading days required
- High Stakes: Minimum of 3 profitable days for evaluation
Steps Available Across Challenges
- Bootcamp: Three-step program leading to funded trader status
- Hyper Growth: Single-step evaluation
- High Stakes: Two-step evaluation phase leading to funded trader status
Pricing for The5ers Prop Firm Challenge
- Bootcamp: $95 for step 1, $205 for funded trader
- Hyper Growth: $260 to $850 depending on the account size
- High Stakes: $39 to $495 depending on the account size
Commissions and Fees at The5ers Prop Firm
- Major currency pairs sell from 0.2 pips to 0.9 pips
- Commission rate: $4 per Standard Lot, round trip
- Overnight swap fees applied
The5ers Prop Firm: Refund Policies
No specific refund policies mentioned.
Trial Offers at The5ers Prop Firm
No trial offers mentioned.
Payout Schedules of The5ers Prop Firm
- Funded traders can request profit payouts bi-weekly through the dashboard
- Minimum withdrawal: $150
- Withdrawal methods: Rise, bank transfer, The5ers Visa Card, crypto payments
- Refundable fee added to equity and withdrawable after the first withdrawal date (14 days after account activation)
Advantages and Disadvantages
(according to Trustpilot Reviews, which are overwhelmingly positive with avr. rating of 4.9 and ~5k reviews).
Positive Reviews
- Exceptional Customer Support: Highly responsive, patient, and professional support team, resolving issues quickly and efficiently.
- Excellent Trading Conditions: Best-in-class spreads, commissions, and trade execution, providing a smooth trading experience.
- Supportive Community: Active and helpful Discord community, encouraging traders and providing valuable assistance.
- Transparent and Fair Rules: Clear trading rules and conditions, fostering a trustworthy environment.
- Reliable Payouts: Timely and hassle-free payouts, with multiple successful withdrawals reported by users.
Negative Reviews
- Restricted Trading Rules: Some users face limitations such as 1% risk per trade, affecting their trading strategies.
- Slow Issue Resolution: Occasional delays in resolving issues despite initial assurances, leading to frustration.
- Minimum Trading Days Requirement: Requirement for minimum trading days in challenges, which some traders find unnecessary.
- Payout Delays: Instances of delayed payouts, causing inconvenience and concern for traders.
- High Spreads During Commission Charges: Reports of unreasonably high spreads at times, even when commissions are already charged.
FAQ Section
Which trading platform do you use?
The5ers uses the MT5 platform from MetaQuotes.
What instruments can I trade with The5ers?
The5ers traders can trade Forex, Commodities, Indexes, Cryptocurrencies, and Energy Commodities.
What payment methods are available?
Direct transfer, credit cards, and cryptocurrencies are accepted.
How much is the profit split in The5ers?
For the Bootcamp and Hyper Growth programs, traders start with a 50% profit split, scaling up to 100%. The High Stakes program starts at 80%, also scaling up to 100%.
Is there a minimum trading day or minimum position requirement?
No minimum trades or trading days for completing Level 1. High Stakes program requires a minimum of 3 profitable days to pass the evaluation.
What are the spreads and commissions?
Major currency pairs sell from 0.2 pips to 0.9 pips. The commission rate is $4 per Standard Lot, round trip.
Are The5ers regulated?
The5ers is a private equity fund trading with its capital, not regulated as a financial institution.
Payout policy and hub credit in the High Stakes program
Payouts processed once the trader is fully funded, with minimum withdrawal of $150. Refundable fee added to equity and withdrawable after 14 days of account activation.