The5ers, established in 2016, has built a solid reputation as a long-standing proprietary trading firm, offering a diverse range of funding programs designed for traders of varying experience levels and risk appetites. The firm provides initial account sizes from $2,500 up to $250,000, with impressive scaling potential that can reach up to $4 million for successful traders. Its evaluation model is flexible, encompassing 1-step, 2-step, and 3-step challenges, alongside instant funding options. A standout feature is its progressive profit split, which can increase to 100% as traders achieve milestones, and the flexibility it offers with rules like weekend holding. The5ers is particularly well-suited for experienced traders looking for significant capital growth and flexible trading conditions, though its varied programs can also accommodate disciplined beginners.
The5ers
High ScalingKey Features
Prop Firm Details
Challenge rules, payouts, platforms and regulatory information at a glance.
Challenge & Evaluation
Challenge Rules & Evaluation Process
The5ers offers several evaluation programs, each with distinct rules tailored to different trading styles. The High Stakes program, a two-step evaluation, typically requires profit targets of 10% in Phase 1 and 5% in Phase 2, with a maximum daily drawdown of 5% and an overall drawdown of 10%. This program also mandates a minimum of three profitable trading days per phase. The Hyper Growth and Pro Growth programs are generally one-step evaluations with a 10% profit target, featuring a 3% daily pause or loss limit and a 6% stop-out level. Notably, these programs have no minimum trading days required. The Bootcamp program is a three-step evaluation with a 6% profit target per phase. Most programs offer unlimited trading days, provided the account remains active. News trading is generally allowed, but with specific restrictions: for High Stakes accounts, executing orders two minutes before or after high-impact news is prohibited, while for Hyper Growth, Pro Growth, and Bootcamp, bracket strategies around news are excluded. A consistency rule, limiting any single position to 30% of total profit, applies to several futures plans and some CFD programs.
Funded Account & Payouts
Funded Account Details
Upon successfully passing an evaluation, traders transition to a funded account with The5ers. The profit split typically starts between 50% and 80%, depending on the program chosen. For instance, High Stakes traders often begin at an 80% split, while Bootcamp and Hyper Growth traders start at 50%. A significant incentive is the scaling plan, which allows traders to increase their profit split incrementally, potentially reaching up to 100% as they consistently hit profit milestones. High Stakes accounts can scale up to $500,000, while Bootcamp and Growth accounts have the potential to scale as high as $4 million. Furthermore, High Stakes traders reaching higher account balances may qualify for fixed monthly payouts in addition to their regular profit withdrawals, providing a steady income stream.
Payout Process
The payout process at The5ers is structured to provide regular access to profits for funded traders. The first withdrawal can be requested 14 days after the funded account is activated, with subsequent payouts available on a bi-weekly cycle. There’s a minimum withdrawal amount of $150 after the profit split has been applied. The5ers supports several payout methods, including bank transfers, cryptocurrency, Rise, and Hub Credits. While Hub Credits incur no fee and can be used for purchasing new programs, bank transfers typically have a 3% fee, and cryptocurrency withdrawals carry a 2% fee with a $1,500 maximum per request. Payout requests are generally processed within 72 hours, though exact times can vary depending on the chosen method.
Trading Conditions
Tradable Instruments
The5ers provides a comprehensive selection of tradable instruments for its CFD programs, including a wide array of Forex pairs, precious Metals, global Indices, various Commodities like Oil, and popular Cryptocurrencies. This broad offering allows traders to diversify their strategies across different asset classes. Additionally, The5ers has expanded into futures trading, offering specific programs for futures contracts across indices, energies, metals, and currencies, primarily on CME-listed products. The availability of these varied instruments caters to traders with diverse market interests and strategic preferences.
Trading Platforms
The5ers offers a robust selection of trading platforms to cater to diverse trader preferences, primarily supporting MetaTrader 5 (MT5), cTrader, and TradingView for CFD trading. MT5 is a widely recognized platform known for its advanced charting capabilities, extensive range of technical indicators, and support for automated trading via Expert Advisors (EAs). It’s accessible across desktop, web, and mobile devices, ensuring traders can manage their positions from anywhere. cTrader is another powerful platform, particularly favored for its intuitive interface, direct market access (STP), and sophisticated order management tools, also available as a dedicated mobile app. The inclusion of TradingView offers an excellent option for traders who prefer its advanced charting features and social trading capabilities. This multi-platform approach ensures that traders have access to reliable and feature-rich environments for executing their strategies.
Regulation & Legal
The5ers operates under the legal entity Five Percent Online Ltd, registered in the United Kingdom with company number 12553363. The firm also identifies an Israeli entity under company number 515864007, with a registered office at 2 Ha’tidhar Street, Ra’anana, Israel. It’s important for traders to understand that while The5ers is a legally registered company, it explicitly states that it functions as a proprietary trading firm and is not regulated as a financial custodian, exchange, or financial institution. This is a common structure for prop firms, meaning their operations are governed by their terms and conditions rather than direct financial regulatory oversight.
Company Information
Pros
- Multiple evaluation models including 1-step, 2-step, and 3-step challenges.
- High scaling potential for funded accounts, reaching up to $4 million.
- Flexible trading rules, permitting weekend holding and EA usage.
- Progressive profit split up to 100% rewards consistent performance.
- Offers various trading platforms including MT5, cTrader, and TradingView.
Cons
- News trading has restrictions on execution for High Stakes accounts.
- Consistency rules apply to specific programs, like certain Futures plans.
- Funded accounts operate in a simulated trading environment.
- Some payout methods incur processing fees.
- Minimum trading days vary by program, requiring 3 profitable days for High Stakes.
Final Verdict
The5ers stands out as a reputable and well-established prop firm, particularly appealing to serious traders seeking substantial capital and a clear path to growth. Its diverse range of evaluation programs, from one-step Hyper Growth to two-step High Stakes, caters to various trading styles, while the impressive scaling plan to $4 million offers significant long-term potential. The progressive profit split, reaching up to 100%, is a strong incentive for consistent performance. While the firm operates in a simulated environment and has specific rules around news trading and consistency for certain programs, its overall flexibility, including allowing weekend holding and EAs, provides a conducive environment for many. Traders should carefully review the specific rules of their chosen program, but for those who value longevity, high capital potential, and a transparent scaling model, The5ers presents a compelling option in the proprietary trading landscape.
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