Up to 100% Profit Share
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The 5ers Prop Firm Review
The5ers is a unique Private Equity Fund that doubles up as a prop firm, providing growth opportunities for traders worldwide. No matter your skill, you can start trading on the platform and increase your chances of becoming a profitable trader. The5ers is now one of the leading platforms in the Forex industry.
The 5ers Review (10% discount) Details:
The 5ers has a 10% discount on the $10K Hyper Growth Account valid until April 30.
- Has a demo account for new traders.
- Has a standard leverage of 1:10, but can reach 1:30.
- No minimum trading days (except in the High Stakes program)
- Wide range of trading plans.
- Various trading resources are available.
- Professional trader dashboard
- Has a scaling plan.
- Bi-weekly payouts
- Profit Share of up to 100%
- News trading allowed (except in High Stakes)
- Referral program available
- No payouts until you are funded.
- Mandatory stop-loss orders with Bootcamp program
- No access in some countries like the US.
What is The 5ers?
Founded in 2016 by Gil Ben Hur, The5ers offers prop trading services to traders globally. The firm uses its own capital to fund traders. With three main funding programs, The 5ers provides access to various trading instruments including forex pairs, stocks, precious metals, and indexes.
Its platform fees are below the market rate and includes a profit split of up to 100% and a leverage of up to 1:30. The5ers does not use any broker but offers its own capital to trade with.
Who is The 5ers For?
You can join The 5ers with any trading experience as long as you are over 18.
Who is the CEO of 5ers?
The CEO of The 5ers is Saul Lokier. He has years of experience as a forex trader and manages funds for personal accounts and International Proprietary Forex Funds.
Funding Program Options
The 5ers has three main funding programs, each with different account sizes:
Bootcamp Program: This program is a low-cost entry challenge with 3 challenge phases done on a demo account. It has three main account sizes: $20K, $100K for $95, and $250K for $225. The $20K account is free. The profit target, leverage, max loss, and daily pause remain the same in all the accounts.
Once you are a Bootcamp Funded trader, your profit target is 5%, max loss is 4%, and daily pause is 3%. You also get to keep 100% of the profits.
Hyper Growth: This program with 3 account sizes is for experienced traders who want to start trading immediately. To access the program you must double your funded account on every target. It has no time limits, has a leverage of 1:30, and the profit target and maximum loss remain the same.
High Stakes program: The program has a two-phase evaluation challenge on a $5K, $20K, $60K, or $100K demo account. You must meet the profit target, and the max daily and max loss rules to pass the evaluation. You must also maintain a minimum of 3 profitable trading days.
| Step 1 | Step 2 | High Stakes Trading | |
|---|---|---|---|
| Max Trading Period | Unlimited | Unlimited | Indefinite |
| Minimum Profitable Days | 3 | 3 | 3 for scaling |
| Maximum Daily Lass | 5% | 5% | 5% |
| Maximum Loss | 10% | 10% | 10% |
| Profit Target | 8% | 5% | 10% for scaling |
| Cost | $495 | Refund | |
| Profit Share | $95 reward | 80% – 100% |
What makes The 5ers different from other prop firms?
The5ers differs from most prop firms due to its unique offerings.
- Each program caters to different individuals and there is something for every trader.
- No minimum trading day requirements.
- Affordable fees
- Unlimited trading period (except in High Stakes).
- Withdrawals after 14 calendar days
- Up to 100% profit split
- Low profit targets.
Is getting The 5ers capital realistic?
Yes, getting capital for The 5ers is realistic because of its low costs and relatively low profit targets. There are no minimum or maximum trading days (except in the High Stakes program) giving you time to pass the evaluation programs. You also get a profit split of up to 100%.
Payment options ( Deposit and withdrawal)
You can deposit on The5ers using Visa, Stripe, checkout.com, and Confirmo. Withdrawals are done via Wise, bank transfers, The5ers VISA Card, and cryptocurrency.
Payment Proof
The 5ers has great reviews on the platform praising its low spreads, quick evaluation processes, and excellent customer services.
Which broker does The 5ers use?
The 5ers uses the MT5 platform, one of the most popular trading platforms. It is fast and efficient. It also features advanced trading tools for technical and fundamental analysis, trading signals, algorithmic and copy trading, as well as trading bots.
However, the platform doesn’t trade with common retail broker brands and keeps its supplier’s identity confidential.
Trading Instruments
With The 5ers you can trade:
- Forex pairs
- Metals
- Indices
- Cryptocurrencies
Trading Fees
The5ers charges for the different programs:
- Bootcamp: $95 for the $100,000 account and $225 for the $250,000 account.
- Hyper Growth: $260 for the $10,000 account, $450 for the $20,000 account, and $850 for the $40,000.
- High Stakes: $495
Forex pairs’ commission rate is $4 per standard lot, round trip. Overnight swap fees are collected and paid nightly.
Education & Support for Traders
As a 5ers’ trader, you will get access to the different resources including:
- The trading ideas page
- A Forex blog and forex workshops
- The The5ers Classes with live demonstrations of advanced trading concepts.
- A prop trading course
- Live trading events
- Discord channel
Social Media Statistics
- X: 39.2K followers
- Instagram: 41.1K followers
- Facebook: 50K followers
- YouTube: 36.8K subscribers
- TradingView: 5264 followers
- LinkedIn: 5,741 followers
Support
You can contact the customer support team via email at help.desk@the5ers.com or using the live chat button. Office Hours are Sunday to Thursday 07:00 – 15:00 GMT and Friday 07:00 to 12:00 GMT.
Verdict
The5ers is a trustworthy trading firm with various options and plans for trading: Hyper Growth, an instant funding program, High Stakes, a two-step evaluation, and Bootcamp, a three-step evaluation. Each plan has different account sizes and rules that must be followed. There are no minimum or maximum trading day requirements, except in High Stakes, which requires a minimum of 3 profitable days. If you are looking for a prop trading firm with affordable trading fees, you can check out The 5ers.
FAQ
Each program has a set maximum daily loss. 6% for Hyper Growth, 5% for Bootcamp, and 5% for High Stakes.
Each challenge program has a set profit target. 10% for Hyper Growth and 6% for Bootcamp. In the High Stakes challenge, the target is set at 8% in Stage 1 and 5% in Stage 2.
There are no minimum trading days. However, the High Stakes program requires you to have a minimum of 3 profitable days to pass the evaluation.
The payout frequency is 14 days after receiving a funded account, and every 2 weeks after that.
No, the signup fee is not refundable. However, the platform offers a 14-day risk-free money-back guarantee. If you are not satisfied with the service for any reason you can get a refund within 14 days of making a purchase.
