The 5%ers Review (Use our Discount Link for 5% Discount)
The5ers initiated the Funding Traders & Growth Program in 2016, with the goal of offering full-time traders access to higher capital than typically available. Their dedication and passion for this profession are evident. The5ers is a legally registered UK company headquartered in London, with their main offices situated in Israel.
Pros +
+ Excellent Trustpilot rating of 4.8/5
+ Three Unique Funding Programs
+ Professional Trader Dashboard
+ A Large Variety of Trading Instruments (Forex Pairs, Commodities, Indices, Cryptocurrencies)
+ Leverage up to 1:100 with High Stakes
+ No Minimum Trading Day Requirements (Except High Stakes)
+ No Maximum Trading Period
+ Scaling Plan
+ First Payout After 14 Calendar Days with Bootcamp & High Stakes
+ Bi-weekly Payouts
+ Profit Share of 80% up to 100%
+ Monthly Salary with High Stakes (Scaling Levels of $350,000 & Higher)
+ Overnight & Weekend Holding Allowed
+ News Trading Allowed (Except High Stakes)
+ Affordable Bootcamp Program
Cons -
– Low Leverage with Bootcamp & Hyper Growth
– Mandatory Stop-loss with Bootcamp
– Risk Per Position with Bootcamp
– First Payout After 10% Profit with Hyper Growth
– Minimum Profitable Day Requirement with High Stakes
– No News Trading with High Stakes
The 5%ers serves as both a proprietary trading firm and a growth program, providing unique career opportunities for forex traders worldwide. Traders can achieve significant profits, with the option to handle account sizes of up to $250,000 and receive profit splits of up to 100%. This is achievable through trading diverse financial instruments such as forex pairs, commodities, indices, and cryptocurrencies.
Who are The 5%ers?
The5ers is a proprietary trading firm officially known as Five Percent Online Ltd, established on April 9, 2020. Headquartered in Raanana, Israel, and London, UK, it is under the leadership of CEO Gil Ben Hur. Traders engaging with The5ers can select from three account types, including a three-step evaluation, an instant funding program, and a two-step evaluation. They operate in partnership with a liquidity provider, granting direct market access, who serves as their broker.
The primary office address of The5ers is 14 Haroshet St, Raanana, Israel.
Who is the CEO of The5ers?
Gil Ben Hur is the visionary founder and CEO behind The5ers’ funding & growth program, introducing an innovative model to the proprietary trading firm landscape. With a forex trading journey dating back to 2007, Gil boasts expertise as a full-time individual forex trader. His specialization lies in order flow and price-action methodologies.
In addition to his trading prowess, Gil Ben Hur is recognized as a highly regarded trading coach and former private investor portfolio manager. The inception of The5ers in 2016 marked a significant milestone in the proprietary trading firm industry, underlining Gil’s success. The platform, offering individual forex traders worldwide the opportunity to engage with more substantial trading capital, is complemented by an exceptional career growth option, synonymous with an outstanding scaling plan.
The5ers Funding Programs
The5ers provides its traders with three unique funding program options:
- Bootcamp
- Hyper Growth
- High Stakes
The5ers’ Bootcamp presents traders with the exciting prospect of managing account sizes ranging from $100,000 to $250,000. The primary goal is to pinpoint disciplined traders who exhibit profitability and can adeptly manage risk across the three-step evaluation period. In the Bootcamp program, traders are afforded the opportunity to trade with leverage of up to 1:10.
Account Sizes
– $100,000 – $95 ($205 Once Reaching Funded Status)
– $250,000 – $225 ($350 Once Reaching Funded Status)
This Funding Consists of Three-Phase:
– Evaluation phase one involves reaching a 6% profit target without exceeding the 5% maximum loss rule. No specific trading day requirements exist during this phase. To progress to phase two, you only need to meet the 6% profit target.
– In phase two, the profit target remains at 6%, and the 5% maximum loss rule still applies. Similar to phase one, there are no specific trading day restrictions. Advancing to phase three requires achieving the 6% profit target.
– Phase three demands reaching a 6% profit target while adhering to the 5% maximum loss rule. No specific trading day requirements exist in this phase. To attain funded status, meeting the 6% profit target is essential.
Upon completing all three evaluation phases, you earn a funded account with a minimum withdrawal amount of $150. Adherence to the 3% daily pause and 4% maximum loss rules is mandatory. Initial payouts occur 14 calendar days after placing the first position, with subsequent withdrawals allowed bi-weekly. Profit splits range from 50% to 100%, determined by your funded account’s profit.
Bootcamp Trading Rules & Objectives
– Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for all three evaluation phases is 6%. Funded accounts do not have any specified profit targets.
– Daily Pause – The maximum amount a trader is allowed to lose in a single trading day without triggering the daily pause. When the daily pause is hit, all open trades get closed, and the account remains disabled until the next trading day. Only funded accounts have a daily pause of 3%.
– Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 5%. (4% Once Funded)
– Stop-loss Required – Before initiating a trade, it is mandatory for the trader to place a stop-loss on each position.
– Stop-loss Risk Per Position – Before entering a trade, the trader is required to define a specific percentage-based stop-loss for each position. There is a maximum stop-loss requirement of 2% for each position.
The5ers Bootcamp Program also offers scaling plan:
The Bootcamp program features a scaling plan. When a trader reaches a 5% profit target, they can scale their account to the next available size without forfeiting their profits.
Example:
For a $100,000 funded account with a 5% profit target:
– Week 1: Achieve a 2% profit.
– Week 2: Attain a profit of 3.5%.
The combined profit from the last two weeks is 5.5%, surpassing the required 5% target. Consequently, the account qualifies for scaling. The account is temporarily disabled, and the new balance increases to $125,000. It’s worth noting that you can also withdraw profits before reaching the 5% profit target on your Bootcamp account.
The5ers’ Hyper Growth offers traders the chance to handle account sizes between $5,000 and $20,000. This option enables traders to bypass the evaluation process and begin earning right away. With Hyper Growth, traders can utilize leverage of up to 1:30.
Account Sizes
– $5,000 – $260
– $10,000 – $450
– $20,000 – $850
By purchasing Hyper Growth, you are awarded a funded account with an initial 10% profit target for stage 1. You must also respect the 3% daily pause and 6% maximum loss rule. Your first payout is when you manage to hit your 10% profit target, while all other withdrawals can be submitted on a bi-weekly basis. Your profit split will be 50% up to 100% based on the profit you make on your funded account.
Hyper Growth Trading Rules & Objectives
– Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for level one is 10%. After the first level, there are no profit target requirements.
– Daily Pause – The maximum amount a trader is allowed to lose in a single trading day without triggering the daily pause. When the daily pause is hit, all open trades get closed, and the account remains disabled until the next trading day. All account sizes have a daily pause of 3%.
– Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 6%
The5ers Hyper Growth also offers scaling plan:
Hyper Growth Scaling Plan allows traders to scale their account to the next available size if they achieve a 10% profit target. Importantly, choosing to scale the account does not require forfeiting any profits.
Example:
For a $40,000 funded account with a 10% profit target:
– Week 1: Achieve a profit of 4%.
– Week 2: Achieve a profit of 7%.
The combined profit from the last two weeks is 11%, surpassing the required 10% profit target, making the account eligible for scaling. The account will be temporarily disabled, and the new balance increased to $80,000. It’s worth noting that traders can also withdraw profits before reaching the 10% profit target on their Hyper Growth account.
The5ers’ High Stakes provides traders with the opportunity to manage account sizes ranging from $5,000 up to $100,000. The aim is to identify talented traders who are profitable and can efficiently manage risk throughout the two-step evaluation period. The High Stakes allows you to trade with up to 1:100 leverage.
Account Sizes
– $5,000 – $39
– $20,000 – $165
– $60,000 – $300
– $100,000 – $495
This Funding Program Consists of Two-Phase
– Evaluation phase one necessitates a trader to achieve an 8% profit target while adhering to the 5% maximum daily and 10% maximum loss rules. Importantly, there is no maximum trading day requirement during phase one, but a minimum of 3 profitable trading days is necessary to proceed to phase two.
– Evaluation phase two requires a trader to reach a 5% profit target while respecting the 5% maximum daily and 10% maximum loss rules. Similar to phase one, there is no maximum trading day requirement, but a minimum of 3 profitable trading days is essential to progress to funded status.
Upon successful completion of both evaluation phases, traders receive a funded account with a minimum withdrawal amount of $150. Adherence to the 5% maximum daily loss and 10% maximum loss rules is mandatory. The initial payout is after 14 calendar days from placing the first position on the funded account, and subsequent withdrawals can be submitted bi-weekly. Profit splits range from 80% up to 100%, contingent on the profit generated on the funded account.
High Stakes Trading Rules & Objectives
– Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 8%, whereas Phase 2 requires reaching a profit target of 5%. Funded accounts do not have any specified profit targets.
– Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 5%.
– Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 10%.
– Minimum Profitable Trading Days – The minimum profitable trading day requirement you must meet before you can successfully conclude an evaluation phase. Both evaluation phases have a 3 minimum profitable trading day requirement.
– No News Trading – Trading is not permitted during high-impact news releases. This implies that executing new trades or closing existing trades on the specified instrument is prohibited within the 2-minute period both before and after the announcement of particular news.
The5ers High Stakes also offers scaling plan:
High Stakes also implements a scaling plan. Achieving a 10% profit target allows traders to scale their account to the next available size, without the requirement to forfeit profits.
Illustration:
For a $100,000 funded account with a 10% profit target:
– Week 1: Achieve a profit of 4%.
– Week 2: Generate a profit of 7%.
The cumulative profit over the last two weeks is 11%, surpassing the necessary 10% profit target. Consequently, the account qualifies for scaling. The account will be temporarily disabled, and the new balance increased to $125,000. It’s important to note that traders can also withdraw profits before reaching the 10% profit target on their High Stakes account.
Proof of Payment
The5ers is a proprietary trading firm incorporated on April 9, 2020. They boast a thriving community of traders who have achieved funded status and qualify for profit splits.
While engaged with The5ers and reaching funded status through the Bootcamp or High Stakes programs, your initial payout becomes eligible after 14 calendar days. Subsequently, following the first payout, you can receive payouts every 14 calendar days if you surpass your initial account size. Your profit split will be a generous 50% up to 100%, dependent on the profit generated on your funded Bootcamp account. For the High Stakes program, you can enjoy a generous profit split ranging from 80% to 100%.
In the case of The5ers‘ Hyper Growth program, your first payout eligibility arises once you reach your 10% profit target. After the initial payout, subsequent payouts are accessible every 14 calendar days if you exceed the initial account size. The profit split for the Hyper Growth account is also generous, ranging from 50% to 100%, based on the generated profit.
To showcase The5ers‘ payment proof, you can explore various platforms. Trustpilot is one such example, where traders share their experiences and successful payout processes. Additionally, The5ers‘ YouTube channel features numerous interviews with their most successful traders.
Examples of Successful Trader Interviews can be observed below.
Note: These payouts are not ours.
Conclusion
In summary, The5ers stands out as a reputable and reliable proprietary trading firm offering traders a choice between three funding programs: Bootcamp, a three-step evaluation; Hyper Growth, an instant funding program; and High Stakes, a two-step evaluation.
The5ers‘ Bootcamp involves a comprehensive three-step evaluation, requiring traders to complete three phases to manage a funded account and earn profit splits ranging from 50% to 100%. Meeting a 6% profit target in each of the three phases is the key to successful funding, with a 5% maximum loss rule to follow. Post-funding, traders adhere to a 3% daily pause and a 4% maximum loss rule. Time limitations are flexible, allowing traders to set their pace without specific trading day requirements. Crucially, Bootcamp features a scaling plan, offering the opportunity to boost the initial account balance.
The Hyper Growth program by The5ers is a direct funding option, allowing traders to skip evaluations and begin earning with profit splits of 50% to 100%. With an initial 10% profit target for stage 1, along with a 3% daily pause and 6% maximum loss rules, Hyper Growth sets realistic trading objectives. Traders operate without specific trading day requirements, offering flexibility without time pressure. The Hyper Growth program also includes a scaling plan, enabling an increase in the initial account balance.
High Stakes, The5ers‘ industry-standard two-step evaluation, mandates completion of two phases for a funded account and profit splits ranging from 80% to 100%. Traders need to achieve an 8% profit target in phase one and 5% in phase two, following 5% maximum daily and 10% maximum loss rules. Time limitations are set without specific trading day requirements, but a minimum of 3 profitable trading days is necessary in each evaluation phase. High Stakes features a scaling plan, providing an opportunity to boost the initial account balance.
For individuals seeking a reputable proprietary trading firm catering to diverse trading styles, The5ers offers unique features such as an unlimited trading period, flexible evaluation requirements, reasonable evaluation fees, and attractive profit splits up to 100%. With considerations for traders worldwide, The5ers emerges as a leading prop firm in the industry.
Trading Platforms
Deposit Methods
Debit/Credit Card
Withdrawal Methods
Crypto, Wise
Account Size
$10,000, $100,000, $20,000, $250,000, $5,000, $60,000
Tradable Instruments
Commodities, Forex, Indices
Rules
Maximum daily loss, Maximum loss, No news trading, Profit target, Stop-loss required, Stop-loss risk per position. Third-party copy trading risk, Third-party EA risk
Brokers
Partnered with a Liquidity Provider who gives Direct Market Access
Account Currencies
USD
Trading Programs
Instant Funding, Three-step Challenge, Two-step Challenge
Incorporation
April 2020
CEO
Gil Ben Hur
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