The5ers: Review and Analysis [2024]

Does this ` have its advantages and disadvantages? Of course, just like every other prop firm in the world! Let’s take a look at the most important ones:

Welcome to our The5ers review. Here you will learn all about this popular company.

Five Percent Online Ltd., often known as The5ers, is a proprietary trading company that was established on April 9th, 2020. Its legitimate name is Five Percent Online Ltd. Additionally, they have locations in London, United Kingdom, and Raanana, Israel. CEO Gil Ben Hur is in charge of managing both of these locations. As a liquidity provider that enables traders immediate market access as their broker, The5ers gives traders the ability to select from three different account types: a three-step assessment, an instant funding program, and a two-step evaluation. Additionally, The5ers is associated with a liquidity provider.

Gil Ben Hur is the creator and chief executive officer of The5ers’ funding & growth program, which is a cutting-edge proprietary trading company model. Having been an independent forex trader on a full-time basis since 2007, he has a long and illustrious experience in the foreign exchange trading market. Order flow and price-action techniques are two areas in which he excels as a specialist.

In addition, Gil Ben Hur is a highly regarded trading teacher and a former portfolio manager for individual and institutional investors. Beginning in 2016, he founded The5ers, which went on to become a big success, which marked the beginning of his experience in the industry of proprietary trading firms. To put it another way, this one-of-a-kind trading platform gave individual forex traders all over the world the ability to trade more substantial quantities of trading money while also providing them with an excellent career growth choice, or, to put it another way, a great scaling plan.

The5%ers Key Features

The 5ers are a trading firm with distinctive attributes that cater to a diverse group of traders. Now, we will explore each of these features in detail to gain a thorough understanding:

• Instant Funding: An impressive aspect of The5ers prop firm is its prompt funding program. Traders can now swiftly access funds, avoiding the typically time-consuming evaluation process. It’s perfect for traders who are eager to begin trading without any delays.
• Bootcamp Program: The Bootcamp is a fresh and inventive approach tailored for newcomers to the subject. It provides a well-organized, step-by-step approach to assist novice traders in developing their abilities and becoming eligible for financial support. This program offers a nurturing atmosphere for education and development.
• Diverse Range of Assets for Trading: The5ers prop firm provides a wide variety of trading choices, encompassing forex pairs, metals, and indices. The wide range of options available enables traders to delve into various markets and implement a diverse array of strategies.
• Learning Materials: The platform offers a plethora of educational resources, including trading courses, webinars, and market insights. These resources are precious for traders of all levels, whether they are just starting or have years of experience. They provide an excellent opportunity to improve trading knowledge and skills.
• Varying Levels of Capital and Risk Management Programs: The5ers prop firm provides specialized programs designed for various levels of risk and capital needs. Regardless of your trading preferences, there is a program available that caters to your specific style.
• The MetaTrader 5 platform: By utilizing MetaTrader 5, a widely used trading platform, traders can enjoy an array of advanced trading tools and features that greatly enhance their overall trading experience.

And now let’s continue The5ers review by listing important information about the company, thanks to which you will be able to understand whether it is worthy of your attention or not.

Website:	https://the5ers.com/
Start working:	April 2020
Initial Capital:	$5,000 – $100,000
Profit Split:	Up to 100%
Profit Target:	6% – 12%
The currency of accounts:	USD, GBP, JPY, EUR, CAD, AUD, NZD, CHF
Tradable instruments:	Forex, Indices, Commodities
Brokers:	Teamed up with a Liquidity Provider that offers Direct Market Access
Spread:	N/a
Daily Loss:	5%
Max Drawdown:	6%

Before starting cooperation with any company, it is very important to understand whether it works in the legal field and whether it is reliable. Of course, it is not superfluous to study client feedback on the firm’s work, but it is also important to take into account all the information we will provide you with below.

• Legal/License: Are the 5%ers legit? Indeed, they are among the most reliable sponsored trader programs anywhere in the world. The 5%ers have been in operation since 2020, and throughout that time, they have provided funding and payouts to thousands of traders.
• Reputation: Despite the fact that the reputation of this company is almost impeccable, each of them has its nuances, and this firm is no exception. Therefore, first of all, you need to understand whether this company and its conditions are suitable for you.
• Safe: The5ers is not a forex broker and does not receive any capital on behalf of investors. Although the company employs exclusive methods to safeguard its funds, one of the key advantages of trading with The5ers is that your money remains completely safe. Furthermore, it uses state-of-the-art encryption to protect the sensitive data you provide during the account registration process, such as your name and address.

The5ers review would be incomplete without highlighting the distinguishing features of this prop firm from all others. A three-step evaluation, an immediate financing program, and a two-step evaluation are the three distinct account kinds that The5ers provides, which sets them apart from the majority of the leading prop businesses in the industry. In addition, they offer a multitude of advantageous features, such as an unlimited trading period, no minimum trading day requirements (with the exception of High Stakes), an affordable evaluation fee (with the exception of Bootcamp), no evaluation phases (with the exception of Hyper-Growth), a first withdrawal after 14 calendar days (with the exception of High Stakes and Bootcamp), bi-weekly withdrawals, and a profit split of up to 100%.

In order to be eligible for payments, traders must first complete all three rounds of The5ers’ Bootcamp, which is a three-step assessment process. The profit objective is set at 6%, and there is a maximum loss rule of 5% that applies throughout all three periods of review. You are subject to a daily pause of 3% and a maximum loss rule of 4% once you have financed your account. In addition, there are no criteria for a minimum or maximum number of trading days during any of the three rounds of review. Additionally, the Bootcamp program presents traders with a one-of-a-kind scaling strategy that enables them to manage even larger account sizes. When compared to other funding programs within the industry, the Bootcamp program stands out primarily due to the fact that it offers an unlimited trading period, zero minimum trading day requirements, an affordable evaluation fee, a first withdrawal after fourteen calendar days, bi-weekly withdrawals, and a profit split of up to one hundred percent.

The Hyper Growth program offered by The5ers is a direct funding account that provides traders with the opportunity to bypass the evaluation process and begin earning profits right away. There is an initial goal of achieving a 10% profit, along with a daily break of 3% and a rule to limit losses to a maximum of 6%. There are no specific limitations on the number of trades you can make in a day, allowing you the freedom to trade as much or as little as you desire. Hyper Growth also offers a one-of-a-kind scaling strategy, enabling traders to handle larger account sizes effectively.

When it comes to funding programs in the industry, Hyper-Growth truly stands apart. It offers a trading period without any limitations, no minimum trading day requirements, no evaluation phases, and allows for bi-weekly withdrawals once the initial 10% profit target is reached. Additionally, it offers a profit split of up to 100%, making it a unique and attractive option.

The High Stakes program offered by The5ers is a comprehensive evaluation process that traders must complete in two distinct phases in order to qualify for payouts. The desired profit margin for phase one is 8%, while for phase two it is 5%. Additionally, there is a maximum daily loss limit of 5% and a maximum loss limit of 10%. There are no restrictions on the number of trading days you can have during either evaluation phase.

Nevertheless, it is essential to achieve a minimum of 3 successful trading days during each evaluation phase. High Stakes also offers a one-of-a-kind scaling plan, enabling traders to handle larger account sizes effectively. In comparison to other funding programs in the industry, High Stakes distinguishes itself by offering an unrestricted trading period, an initial withdrawal option after 14 calendar days, bi-weekly withdrawals, and a profit split of up to 100%.

Perhaps the most important part of The5ers brokers review. The5%ers currently provides three distinct funding programs:

• Hyper Growth — Immediate financing with real-time trading from the very beginning without any obstacles
• High Stakes — A two-step program (challenge, followed by funding) offering trading capital with a leverage ratio of 1:100.
• Bootcamp Program — Affordable program with three challenging phases

Hyper Growth Program

The Hyper Growth Program is the premier program offered by The5ers. Traders have the opportunity to trade live on an instantly funded account and receive payouts ranging from 50% to 100%. When beginning your journey in the Hyper Growth Program, you have the option to select from three different account sizes and apply for a $10k, $20k, or $40k account.

Here’s how it operates:

• The assessment funding capital always begins with 50% of the selected account size.
• After achieving a 10% increase in profits, you will be eligible for an upgrade to the next level of account size.
• The trading leverage is set at a ratio of 1:30.
• There is no specific timeframe; however, if you do not engage for a period exceeding 14 days, your account may be temporarily suspended.
• If you reach a daily pause threshold of 3%, your account will be temporarily paused for the remainder of the day.
• If you reach a 6% total stop-loss threshold determined by the initial investment, you will be eliminated

Throughout the Hyper Growth Program, participants have the opportunity to engage in news trading, achieve an impressive account growth of $4M, hold trades over the weekend (with a high swap on indices), and begin receiving payouts just 14 days after receiving the fully funded account.

The profit share varies from a 50%:50% split, where both you and The5ers retain 50% of the profits, to a 100%:0% split, where you keep all of the profits. The majority of account sizes typically have a payout ratio of 75%:25%, allowing traders to retain 75% of their earnings.

High-Stakes Challenge

The High-Stakes Challenge offers traders the opportunity to engage in trading with significant leverage of up to 1:100. This challenge involves a thorough two-step evaluation process that must be completed in order to secure funding. After making the payment, you proceed to the initial stage, where a profit of 8% is deducted before advancing to Step 2.

Only a select few manage to achieve an impressive 8% in profits, which grants them access to step 2. In this stage, they must adhere to strict guidelines, including a maximum daily loss of 5%, a maximum overall loss of 10%, and a minimum requirement of 3 profitable trading days. You will receive a small compensation once you have completed the first step.

The second step aims for a more modest profit target of 5% (with a maximum daily loss of 5%, a maximum overall loss of 10%, and a requirement of at least three profitable trading days). Upon successful completion, you will receive a complete reimbursement of the expenses incurred to initiate the fitness program. In addition, you will ascend to the esteemed position of a High Stakes Trader, where you will be entitled to a profit distribution ranging from 80%:20% to 100%:0%. Furthermore, for every 10% increase in profits, your account size will be upgraded.

Bootcamp Program

The Bootcamp Program offered by The5ers is an incredibly affordable opportunity for traders to showcase their skills. It involves going through three challenge phases on a demo account, which assists in enhancing consistency and discipline. Individuals who successfully finish all three stages will have the opportunity to engage in live trading using a funded account, with the profits being shared.

As an illustration, the 100K Bootcamp Program commences with a demo account balance of $100K in the initial of three challenges. After achieving a profit target of +6% ($6,000), you will advance to the second challenge, where your starting balance will be upgraded to $150K. After achieving an additional 6% in profits, you will have the opportunity to take on the three remaining challenges in the program and start with a substantial $200K.

If you manage to generate a 6% return on investment using the $200K demo account during challenge three, you will be rewarded with a fully funded real trading account. Although there are no profit split payouts for the three challenges in the Bootcamp Program, once you secure funding, you have the potential to earn a full 100% profit split.

You have all the time in the world to finish the three stages, but your account will be deactivated if you don’t use it for more than 14 days.

Challenge Scaling Plan

The Scaling Plan Package or Growth Trading Program offered by The5ers is divided into three phases, each with different investment amounts: $24K, $40K, and $80K. It would be beneficial if you continued with the demonstration trade to exhibit your expertise.

As a trader, it is essential to acquire these packages in order to maintain a steady and prosperous trading journey. Each account will be provided with an initial capital that you must safeguard and increase. At the conclusion of the program, the account will experience a significant fourfold increase, specifically in relation to the expansion of the account.

Evaluate the programs before making a purchase. Unlike conventional funding programs, The5ers Plans do not have any minimum time requirements or trade obligations. Prior to delving into the specifics of the Growth Trading Program packages, it is essential to familiarize ourselves with the guidelines for The5ers Scaling Plan:

• The maximum duration for completing the Growth Trading Program is one year or 12 months.
• If you don’t use your account for more than 21 days, it will expire.
• Follow the trading guidelines to secure funding and commence trading in a Live account.

Profit Splits

The5%ers is well-known for providing profit splits of one hundred percent. However, the fact is that the 100% split will only take place once you have demonstrated that you are capable of trading to the point that you have produced a significant amount of money for the 5%ers. Although it is a beautiful treat, it is more of a reward.

Your typical salary will range between 75% and 85%, which puts you in the middle of the pack compared to other prop businesses.

Which Broker Does The5%ers Use?

When it comes to trading, The5ers does not work with any of the usual broker names. In their capacity as their broker, they have a partnership with a liquidity provider that provides them with direct market access.

Trading Instruments

The5ers prop trading company offers a wide range of currency pairs for trading, including EUR/USD, GBP/USD, USD/JPY, USD/CAD, AUD/USD, NZD/USD, and USD/CHF. Gold and silver are examples of valuable metals. The indices consist of S&P500, DAX30, NAS100, US30, UK100, and JPN225. When it comes to stocks, The5ers offers a wide range of popular securities, with over 3,000 different instruments to choose from.

Trading Platforms

You will be able to trade using MetaTrader 5 during your time with The5ers.

Trading Fees

The5ers does not impose any extra charges for trading, ensuring that traders only have to pay the spread, which varies based on market conditions. The only required payment is the initial deposit. Depending on the selected program, the trader has the option to deposit 85, 235, 385, or 745 US dollars. The size of the deposit directly impacts the level of funding available. As an illustration, when you deposit $235, The5ers rewards you with $6,000.

Similarly, if you decide to deposit $385, you will be credited with $10,000 in your account. Additional investments are optional (although you have the option to deposit funds, it is optional for trading). Moreover, you will be given the chance to obtain extra financial support, amounting to four times the usual amount. The funding is capped at 4 million US dollars, and any additional collaboration with the trader is subject to specific terms and conditions.

You must register on the firm’s official website in order to gain access to the user account. Follow this sequence of steps:

1. On the homepage, there is a “Quick Start” button in the upper right corner. Hover over it and choose a funding option from the drop-down menu.
2. Set a password and enter your first, last, and home country. Provide your email and phone number. Enter your home address and postal code. Tell us how you discovered The5ers prop trading firm.
3. Read the link’s user agreement, risk notice, and other documentation. Check the boxes to accept corporate terms.
4. Enter your bank card or other deposit method. Check the box to save the payment method. Click “Proceed” and follow the on-screen directions. Deposit your financing program fee into your account.

After following the procedures, you will receive a prop firm website account. Sign in (upper right corner of main menu). Download MT5 from “Trading Tools” on your smartphone. Trading begins after registration on the trading platform.

The firm has not established a minimum amount that must be withdrawn. In other words, traders can withdraw cash whenever they want and in any quantity they want.

The trader has a number of withdrawal alternatives available to them, the most prevalent of which are electronic payment systems and transfers to a bank account.

The5ers prop firm does not charge a withdrawal fee; nevertheless, third-party services (such as payment systems) collect it to cover their costs.

The following currencies are accepted for withdrawals: Euros, United States Dollars, British Pounds, Japanese Yen, Canadian Dollars, Australian Dollars, New Zealand Dollars, and Swiss Francs.

You should be aware that if your account is blocked, you will not be able to withdraw cash (for instance, if you have not used your account for 21 days).

An important part of The5%ers prop firms review is the customer service review. The5ers provides various channels for reaching out to our customer service team, regardless of your geographical location.

• If you are in the United States, you have the option to contact The5ers customer service team by phone at (929) 955-5595. Although customer service is available worldwide, it can pose challenges for customers in different time zones. Our dedicated team of customer service representatives is ready to assist you over the phone from 2 a.m. to 12 p.m. EST.
• By email: If your location doesn’t align with a suitable time zone for phone calls, you can also reach out to our customer service team via email. Simply send a message to [email protected].
• The5ers also offers a live chat feature on its website that is available round the clock.

Ultimately, The5ers stands out as a reliable proprietary trading firm that offers traders the chance to select from three distinct funding programs: the Bootcamp, a comprehensive three-step evaluation process; the Hyper Growth, an immediate funding program; and the High Stakes, a two-step evaluation process.

The Bootcamp offered by The5ers is a comprehensive three-step evaluation process that must be completed in order to qualify for managing a funded account and enjoying profit splits ranging from 50% to 100%. Traders need to achieve a 6% profit goal in all three evaluation stages in order to secure successful funding. These trading objectives are reasonable, especially when you take into account the 5% maximum loss rule that you need to adhere to. Once your financing is secured, it is essential to adhere to a daily pause of 3% and a maximum loss limit of 4%. When it comes to time constraints, there are no specific trading day restrictions in any of the three evaluation phases. This allows you the freedom to trade at your own pace without feeling rushed. It’s worth mentioning that the Bootcamp includes a scaling plan, which will enable you to boost your initial account balance.

The Hyper Growth program offered by The5ers provides traders with a unique opportunity to bypass the evaluation process and immediately begin earning profit splits ranging from 50% to 100%. Traders set an initial profit target of 10% for stage 1, along with rules that allow for a daily pause of 3% and a maximum loss of 6%. These objectives are practical and achievable in the world of trading. When it comes to time constraints, there are no specific rules or restrictions on the minimum or maximum number of trading days. This allows you the freedom to trade at your own pace without feeling rushed or pressured by time. It is essential to highlight that Hyper Growth includes a scaling strategy, which allows you to enhance your initial account balance.

The High Stakes program offered by The5ers is a well-established evaluation process that consists of two phases. Successful completion of both phases is necessary to qualify for managing a funded account and earning profit splits ranging from 80% to 100%. Traders need to achieve a profit goal of 8% in the first phase and 5% in the second phase in order to secure funding successfully. These trading objectives are reasonable, given that you must adhere to a maximum daily loss of 5% and a maximum overall loss of 10%. When it comes to time constraints, you are not bound by any specific trading day limits during either stage of the evaluation process.

Nevertheless, you must achieve a minimum of 3 successful trading days during each evaluation phase. It is essential to highlight that High Stakes offers a scaling plan that allows you to enhance your initial account balance.

We highly suggest The5ers to anyone in search of a well-regarded proprietary trading firm that offers outstanding trading conditions to a wide variety of individuals with distinct trading styles. Traders are offered a range of unique features, including an unlimited trading period, no minimum trading day requirements (excluding High Stakes), cost-effective evaluation fees (Bootcamp), no evaluation phases (Hyper Growth), the ability to make a first withdrawal after 14 calendar days (High Stakes & Bootcamp), bi-weekly withdrawals, affordable evaluation fees (Bootcamp), and a profit split of up to 100%. After carefully evaluating all the benefits and opportunities that The5ers provides to traders worldwide, it is clear that they are genuinely one of the top prop firms in the industry.