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.
