The5ers is one of the oldest prop trading firms in the industry, offering funded trading programs since 2016. It offers multiple programs like Bootcamp, High Stakes, Pro Growth, and Hyper Growth. Traders can choose any of these programs depending on the account sizes, risk limits, trading rules, etc. as per their trading style and strategy.
In this The5ers review, we examine the The5ers funding programs, trading rules, fees, payouts, platforms, and overall trading experience. We hope that our comprehensive review will help you decide if The5ers is the right prop firm for you or not.
The5ers Quick Overview
| Feature | Details |
|---|---|
| Founded | 2016 |
| Headquarters | Israel |
| Type | Proprietary Trading Firm |
| Maximum Funding | Up to $4 Million |
| Profit Split | 50%–100% |
| Platforms | MT5, cTrader and TradingView, depending on region and program |
| Tradable Assets | Forex, Indices, Commodities, Metals, Crypto |
| Evaluation Models | Bootcamp, High Stakes, Pro Growth, and Hyper Growth |
The5ers Pros & Cons
The pros and cons of The5ers are as follows:
Pros of Trading with The5ers
- Variety of funding options tailored to fit different trading styles
- Potential to scale up to $4 million
- Profit sharing can go all the way up to 100%
- No pressure with deadlines to hit profit goals
- Established in 2016, making it one of the most seasoned and secure prop firms around
- Wide range of tradable assets at your fingertips, including Forex, Indices, Commodities, Metals, and Crypto
- Access to educational resources, webinars, and trading guides for continuous learning
- A vibrant community of traders offering mentorship, coaching sessions, and active social media engagement
Cons of trading with The5ers
- Challenge fees are on the higher side compared to some newer prop firms
- Strict risk management policies might not sit well with more aggressive traders
- Payouts can take longer than those from firms that offer instant withdrawal options
The5ers Account Types
The5ers offers a variety of options for traders looking for instant funding accounts, with three different sizes to choose from: $10,000, $20,000, and $40,000. If you’re interested in the one-step evaluation, there are five account sizes available, while the two-step evaluation provides five options: $5,000, $10,000, $20,000, $60,000, and $100,000. For those taking on the Bootcamp challenge, account sizes include $20,000, $100,000, and $250,000.
Prop traders have the opportunity to grow their portfolios up to $4 million. When it comes to leverage, it varies by program, with Growth/Bootcamp at 1:30 and High Stakes offering up to 1:100 for forex.
In terms of risk management, the maximum daily drawdown is set at 3% for instant funding accounts and 5% for the one-step evaluation, while Bootcamp has no daily limit at all. Instant funding accounts come with a maximum static drawdown of 6%, the two-step evaluation allows for a trailing drawdown of up to 10%, and Bootcamp has a maximum drawdown of 5% along with a 2% maximum stop loss requirement. Plus, all accounts allow for weekend holding, giving traders more flexibility.
What are the The5ers Funding Programs?
The5ers has rolled out four unique funding programs, each with its own set of advantages and disadvantages.
| Program | Type | Leverage | Daily Loss | Max Loss | Profit Target | Scaling |
|---|---|---|---|---|---|---|
| Bootcamp | 3-step | 1:30 | 3% funded | 4% funded | Program-specific | Up to $4M |
| High Stakes | 2-step | Up to 1:100 FX | 5% | 10% | 10% / 5% | Up to $500K |
| Pro Growth | 1-step | 1:30 | 3% | 6% | 10% | Growth-based |
| Hyper Growth | Instant/one-step growth | 1:30 | 3% | 6% | 10% milestones | Up to $4M |
1. Bootcamp Program
Kicking things off is the Bootcamp program, which is the most budget-friendly option available. This program is crafted to offer a low-cost entry challenge that really puts your discipline and consistency to the test.
If you decide to join the Bootcamp program, you’ll first need to tackle a three-phase demo account challenge to showcase your trading skills.
Getting started with the demo account costs just $22 for a $20K account.
There are no minimum trade requirements, and like the other programs, you have unlimited time to complete the stages. Just keep in mind that your account will expire after 30 days of inactivity (but don’t worry, you can easily freeze your account with a click if you can’t trade).
Once you’ve completed the challenge phases, you’ll need to pay a one-time fee of $50 for the $20K account. After that, you’re all set to start trading with a live funded account and can qualify for a profit split.
If you opt for the Bootcamp, your funded profit share can grow up to 100% as your account expands.
For traders starting with a $250K account, the payout rules remain the same, but you’ll enjoy the perks of a larger account size. Both account types have a maximum growth cap of $4 million.
The leverage for the Bootcamp program is set at 1:30, and you can manage up to 4 active Bootcamp accounts at the same time: one $250K, one $100K, and two $20K accounts. You’re also allowed to trade news and hold positions overnight and over weekends.
2. Pro Growth Program
The5ers has rolled out a new funding initiative called Pro Growth.
This program paves a clearer path to funding, with a target of 10%, a maximum loss cap of 6%, and a daily loss limit set at 3%. Once funded, traders will enjoy an initial profit split of 75% for themselves and 25% for the company.
To qualify, traders need to hit 3 profitable days, and there’s no daily break to worry about.
The Pro Growth account options are quite flexible, offering $5K for just a $52 one-time fee, $10K for $140, and $20K for $270.
Traders can hold up to 3 Pro Growth accounts at the same time, one for each account size: $5K, $10K, and $20K.
3. Hyper Growth (Instant Funding) Program
The third plan offered by The5ers is called Hyper Growth. If you’re starting with a $5k account, the fee is a one-time payment of $74. For a $10k account, it’s $140, and a $20k account will set you back $270.
With this plan, you can dive into trading FX, metals, indices, and crypto. You’ll enjoy a leverage of 1:30, and the profit split can reach up to an impressive 100%.
You have the chance to double your funded account with every 10% gain, plus you’ll earn bonuses to your HUB along with your profit split. The maximum growth limit is set at $4 million, which is similar to what you’ll find in the Bootcamp program.
4. High Stakes Program
The5ers has rolled out a two-step funding program tailored for traders who are eager to dive into a high-risk, high-reward proprietary trading adventure.
With the High Stakes program, you now have more flexibility than ever, as it allows you to manage up to 4 active accounts at the same time, all while sticking to the current guidelines.
Under the current payout policy, 70% of that fee gets credited to your funded account equity, and you can withdraw it with your first payout; just make sure your account has been active for at least 14 days and you’ve racked up at least $150 in profit.
After you pass Phase 1, you’ll also snag a portion of the fee as Hub Credit, which you can use for future purchases.
All High Stakes plans come with a scalable profit split that ranges from 80% to 100%, plus a monthly salary at the higher tiers.
You can scale your accounts up to $500,000, and this program offers the highest leverage available at The5ers, set at 1:100.
Like the other plans, there are no time limits, so you can hold positions overnight and over weekends. The maximum daily loss is capped at 5%, and a profitable day is defined as hitting at least 0.5% positive closed profit on your initial balance. Just keep in mind that there are restrictions on opening or closing trades within two minutes before and after major news events.
All High Stakes accounts require you to have a minimum of 3 profitable days, with profit targets set at 8% for Phase 1 and 5% for Phase 2. Once you’re funded, you’ll need to hit a 10% profit target to scale up. High Stakes also lets you trade in forex, metals, indices, oil, and crypto.
What are the Trading Rules and Restrictions at The5ers?
Understanding the trading rules and limitations is essential for anyone looking to join The5ers. The firm’s guidelines are designed to promote consistency, disciplined risk management, and sustainable performance, helping traders build habits that pave the way for long-term success.
| Program | Daily Drawdown | Max Drawdown | Min. Profitable Days | Time Limit |
|---|---|---|---|---|
| Hyper Growth | 3% pause | 6% | None | Unlimited |
| High Stakes | 5% | 10% | 3 | Unlimited |
| Pro Growth | 3% | 6% | 3 | Unlimited |
| Bootcamp | 3% pause* | 5% | None | Unlimited |
Trading Rules
The5ers has set up uniform standards across all its programs to ensure fairness and maintain control:
- Leverage: You can enjoy up to 1:30 for Forex and most other assets.
- Profit Split: This varies from 50% to 100%, depending on the specific program you choose.
- Daily and Maximum Drawdown: Strict limits vary by program, typically ranging from 5% to 10% daily and 8% to 10% total loss.
- Account Scaling: If you perform consistently, your funded accounts can grow up to $4 million.
These guidelines are designed to help traders achieve steady growth and maintain a professional approach while protecting both their own capital and that of the firm.
Trading Restrictions
The5ers is all about supporting a variety of trading styles and methods, but they do draw the line at certain high-risk or exploitative practices.
| Trading Restriction | The5ers Rule |
|---|---|
| News Trading | Allowed, subject to program-specific restrictions |
| Weekend Trading | Allowed |
| Overnight Trading | Allowed |
| Expert Advisors (EAs) | Allowed |
| Copy Trading | Restricted; only your own trading is permitted |
| Arbitrage | Not allowed |
| Account Hacking / Exploitation | Not allowed |
| Bracket Trading Around News | Not allowed |
| High-Impact News Orders | High Stakes: no new orders from 2 minutes before to 2 minutes after the event |
Permitted strategies:
- Discretionary trading (manual trading)
- Swing trading and day trading
- News trading
- Utilising Expert Advisors (EAs) during normal market conditions
Banned strategies:
- Arbitrage or latency exploitation
- Copy trading between unrelated accounts
- Tick or gap manipulation
- Martingale or grid strategies
- Any form of high-frequency trading or server abuse
By striking a balance between flexibility and clear guidelines, The5ers creates a safe and professional trading environment where committed traders can sharpen their skills, manage risks wisely, and work their way up to higher funding levels.
Tradable Instruments at The5ers
Having a diverse selection of tradable instruments gives traders the flexibility to fine-tune their strategies and manage risk more effectively. The5ers makes it easy for them to connect with several major markets through its prop firm partners. This level of adaptability means that whether you’re a short-term trader or someone with a long-term vision, you can find instruments that align perfectly with your individual style and preferences.
Asset Classes
The5ers opens the door to a vast range of markets, providing traders with the essential tools to seize global opportunities and maintain a well-rounded portfolio. Here’s a look at the instruments available:
- Forex Pairs: Access to all major, minor, and select exotic currency pairs, featuring tight spreads and professional execution.
- Commodities: Engage in the trading of precious metals, including gold and silver, as well as energy commodities like crude oil.
- Indices: Engage with major global stock indices, including the NASDAQ, S&P 500, DAX 40, and FTSE 100.
- Cryptocurrencies: Dive into popular digital assets like Bitcoin, Ethereum, and more, perfect for those who want to explore the 24/7 crypto market.
This wide variety empowers traders to adopt a wide range of strategies, from scalping and intraday trading to long-term swing and position trading, all while operating within the same funding framework.
Leverage Structure
The5ers adopts a conservative leverage approach of up to 1:30, also depending on the funding programs, aligning with professional risk management standards and reflecting real institutional trading environments. This strategy encourages responsible position sizing and protects traders from the pitfalls of excessive leverage.
While some newer firms may tout higher leverage options, The 5%ers focuses on preserving capital and fostering steady growth, ensuring traders can thrive in realistic market conditions.
By offering a diverse range of assets and a sensible leverage framework, The 5%ers empowers traders to operate professionally and sustainably across various global markets.
The5ers Supported Platforms
Having access to professional trading platforms is crucial for traders aiming for success. The5ers provides a range of industry-standard platforms, giving traders the flexibility to choose the environment that best fits their strategies, preferences, and technical requirements.
| Platform | Availability | Access | Key Details |
|---|---|---|---|
| MetaTrader 5 (MT5) | Non-US & US programs where specified | Desktop, Web & Mobile | Main trading platform; available for Windows, Mac, Linux, web, iOS and Android |
| cTrader | Non-US clients | Web & Mobile | Available for eligible non-US accounts; an additional $10 fee applies |
| TradingView | Non-US clients | Web | Available as a trading platform for eligible non-US clients |
| TradingView | US clients | Web | Currently the available trading platform for US-based clients |
Features & Tools
The5ers take a fresh approach to funding by offering traders a range of features, resources, and growth opportunities designed to support their long-term success. With educational content, webinars, courses and trader-development resources, they focus on helping traders evolve both professionally and financially.
Scaling Plans
One of the standout aspects of The5ers is its comprehensive scaling program. Traders who consistently demonstrate profitability and manage their risks wisely can boost their accounts to an impressive $4 million in trading capital.
The scaling process is all about rewarding long-term consistency:
- Once traders reach the necessary profit target and maintain their discipline, they can move up to the next funding tier.
- Each tier comes with a larger capital allocation and the potential for higher profit splits.
- As long as traders meet the firm’s performance standards, scaling continues, fostering sustainable, long-term growth.
This step-by-step and structured approach encourages traders to focus on performance and discipline rather than chasing short-term gains.
Educational Resources
At The5ers, education and trader development are at the heart of what they do. They offer a variety of learning tools to help you grow, including:
- Engaging video tutorials that dive into trading psychology, risk management, and strategy development.
- Interactive live webinars hosted by experienced traders and mentors.
- Informative articles and blogs that cover everything from technical analysis to the latest market news and trading mindset.
- Educational content, webinars, courses and trader-development resource sessions that provide direct support to help you boost your performance.
With these resources, The5ers stands out as more than just a funding company
Trader Dashboard
The5ers Dashboard is an all-in-one platform designed for traders to effortlessly keep tabs on their progress, review statistics, and evaluate their account performance in real-time. It includes:
- Monitoring of profits and drawdowns
- Milestones to help scale your account
- Notifications about payout eligibility and schedules
- Insights into historical trade performance
This dashboard enhances transparency and accountability, ensuring traders remain informed and focused on achieving their goals.
Commission Fees and Pricing at The5ers
When selecting a prop firm, it is crucial to have clarity in pricing and trading expenses. The5ers is recognised for its transparent fee structure and simple payment model, enabling traders to concentrate solely on their performance without worrying about hidden fees or complex terms.
Trading Commissions
The5ers provides some pretty competitive trading fees across all its platforms. While the exact commission rates can differ depending on the funding firm and the type of account you have.
The company is committed to offering tight spreads, fast execution, and transparent pricing, which helps traders keep their costs in check while enjoying a professional trading experience.
Refund Policy
Alongside profit distributions, The5ers provides a full refund of the evaluation fee immediately after traders reach their initial payout milestone. This strategy not only recognises their performance but also reduces the overall entry cost for those who succeed.
Payments and Profit Payout
A well-grounded payout system is essential for any prop trading firm, and The5ers has built its reputation on being transparent, fast, and stable in this area. The firm ensures that traders receive their profits promptly, with clear timelines and no hidden fees.
Profit Split and Payout Schedule
| Payout Feature | The5ers Details |
|---|---|
| Profit Split | 50% to 100% |
| Processing Time | Typically 1 to 3 business days |
| Minimum Payout | Once the account reaches the required threshold |
| Payout Request | Directly through the trader dashboard |
| Payout Tracking | View payout history and upcoming eligibility |
The5ers offers flexible and rewarding payout structures. Depending on the funding program and individual performance, traders can enjoy a profit share that ranges from 50% to 100%.
All payout requests are processed quickly, typically within one to three business days, so traders can access their funds without any hassle.
Payment Methods
At The5ers, a proprietary trading firm, we believe in empowering traders without the need for them to invest their own money. Instead, participants simply pay a one-time evaluation fee, and once they’re funded, they get to trade using the firm’s capital.
When it comes to challenge fees and profit withdrawals, we offer a variety of secure options, including:
- Credit or Debit Cards
- Bank Transfers
- Cryptocurrency options for faster international transactions.
| Payment Type | Available Options |
|---|---|
| Cards | Credit & Debit Cards |
| Banking | Bank Transfers |
| Cryptocurrency | Available for international transactions |
| Security | Encrypted payment gateways |
All payment methods are encrypted and handled through secure payment gateways to safeguard trader information and ensure seamless transactions.
Profit Withdrawals
| Step | What Happens |
|---|---|
| 1. Reach Threshold | Meet the minimum payout requirement |
| 2. Request Payout | Submit the request through your dashboard |
| 3. Processing | The5ers processes the withdrawal |
| 4. Receive Profits | Funds are typically received within 1 to 3 business days |
Withdrawing your profits is quite efficient. Once traders hit the minimum payout threshold, they can easily request their payouts right from their dashboards. The5ers prioritises transparency, allowing traders to keep an eye on their payout history, how profits are distributed, and when they can expect future payouts.
Customer Support
Traders can easily reach out to the The5ers support team through multiple channels, including Live Chat, Email, and a Ticket System right on the official website. The representatives are available during business hours, catering to various time zones.
In addition to direct support, The5ers offers a comprehensive Help Centre and Knowledge Base, packed with FAQs, video tutorials, and step-by-step guides to help traders navigate the firm’s rules, platform features, and funding process.
With its strong communication, valuable educational resources, and active community engagement.
During our evaluation, when we were confused about the challenge rules, the representative explained it to us clearly. The support representative was quick to respond and explained the requirements clearly. This gave us a positive impression of the firm’s support team’s activeness.
The5ers Strengths and Areas of Improvement
Strengths
- Quick payouts, usually completed in 1 to 3 business days
- Attentive customer support available through live chat and Discord
- Transparent evaluation criteria with no time constraints, easing pressure on traders
- Reputable prop firm with no significant scam claims
Areas for improvement
- There may be occasional syncing issues with the dashboard that can impact trade monitoring.
- Resolving complex support queries might take more time.
- Strict drawdown limits of 3 to 5% may not be ideal for aggressive or high-risk trading strategies.
Is The5ers legit or a scam?
The5ers is a legitimate and well-established prop firm, so you can rest assured it’s not a scam. Since its inception in 2016, it has been funding traders, making it one of the longest-running firms in a space where many competitors are still in their infancy.
This kind of longevity speaks volumes about its stability. The5ers has operated since 2016 and currently has more than 37,000 Trustpilot reviews with a displayed rating/4.5 TrustScore (be sure to check the latest numbers), which is an “Excellent” rating that very few firms in this industry can maintain at such a scale.
The steady stream of positive feedback emphasises timely payouts, clear guidelines, and helpful customer support. That said, it’s worth mentioning that some traders have raised concerns about platform connectivity and payout processing times that sometimes exceed what was advertised. However, these issues don’t imply that funds are being held back.
Who Does The5ers Suit?
The table below will give you a clear view of whether The5ers is the right prop firm for you or not.
| Choose The5ers If | Consider Another Firm If |
|---|---|
| You primarily trade Forex and CFDs | You mainly trade cryptocurrencies and need 24/7 markets |
| You value a prop firm with a long, proven track record | You prefer a newer, crypto-focused prop firm |
| You want a structured scaling plan to grow into larger funded accounts | You don’t need long-term capital scaling |
| You’re comfortable managing both daily and maximum drawdown limits | You prefer a simple static drawdown with no daily loss limit |
| You like having multiple evaluation programs to choose from | You want a single, straightforward account model with minimal rule variations |
| You prioritise stability, transparency, and established payouts | You prefer more flexible trading rules over a conservative risk framework |
Conclusion
The5ers is an established prop trading firm amongst the trading community that offers multiple funding programs with different account sizes and risk limits. Some of its strengths include structured trading conditions, program variety, and the potential to scale the accounts.
However, as per our The5ers review, we don’t think it might suit everyone. Traders should first compare the rules, leverage, drawdown limits, fees, and payout requirements before purchasing any account.
Overall, The5ers is a worth-considering option if a trader is looking for a structured funding model with an established track record. However, traders who are looking for easy to understand and flexible rules may look for other options.