TRADABLE MARKETS:
CFDs
CEO
Gil Ben Hur
Date Created
2016
The 5ers
Years In Operation:
9
Date Created
2016
4.9 out of 5
Trustpilot
CFDs
Firm Overview
PAYMENT METHODS:
Apple Pay
Bank Transfer
Credit/Debit Card
Crypto
Google Pay
PayPal
PLATFORM:
Available Support Channels:
Discord
Email
Live Chat
Payout Methods:
Commissions
- Forex – $4/lot.
- Indices – $0.
- Crypto, Metals and Oil – Percentage-based commissions = (Commission rate/100 ) × Trade entry price × contract size × lot size × 2
Consistency Rules
- No consistency rules.
Firm Rules
- News Trading Rule –
- Instant Funding (Hyper Growth) and Bootcamp – News trading is allowed apart from bracket strategies (which is when you place a buy and sell stop at the time of the news)
- For High Stakes – Holding open trades over news is allowed. However, you cannot execute 2 minutes before/after the high-impact news as per Forex Factory. Any profits made during this period will be deducted.
- Overnight and Weekend Holding – Allowed to hold positions then. However, bare in mind the rollover swap conditions, liquidity and spread conditions.
- Stop Loss Rule (Bootcamp Only) – Not allowed to risk more than 2% of the initial account balance and must set a stop loss within 3 minutes for every open position.
- Inactivity Rule – Accounts without any new orders for more than 30 calendar days will expire.
- Daily Pause (Hyper Growth All Stages and Bootcamp Funded Stage) – Daily pause level set at 3% of the account balance taken at 00:00 GMT+3.
- Scaling Plan – Each account type has its own Scaling Plan with targets that will result in an increase in the account balance, profit split, as well as other bonuses like a monthly fixed payout.
- Hyper Growth – Account balance doubles with each 10% target. See more here: https://the5ers.com/hyper-growth.
- High Stakes – Account scales with each 10% balance target. See more here: https://the5ers.com/high-stakes.
- Bootcamp – Account scales with each 5% target. See more here: https://the5ers.com/bootcamp.
Payout Policy
Hyper Growth
- Profit Split – 50/50, with account size doubling with each scaling and profit split increasing up to 100%.
- Payout Frequency – Bi-weekly.
- Minimum Withdrawal – $150.
- Daily Pause – Note that this does not terminate the account, it does disable trading for the current day.
High Stakes
- Profit Split – 80/20 scalable up to 100% + a monthly fixed payout.
- Traders can request payouts at any point in a payout cycle regardless of the 10% growth target.
- Payout Frequency – Bi-weekly.
- Minimum Withdrawal – $150.
Bootcamp
- Profit Split – 50/50, with the profit split increasing up to 100%.
- Payout Frequency – Bi-weekly.
- Minimum Withdrawal – $150.
- Daily Pause – Note that this does not terminate the account, it does disable trading for the current day.
- SL in Every Position – Opening a position without a SL order or risking more than 2% of the account balance in a single position will be considered a risk violation.
General Policies
- Withdrawal Commissions –
- Rise – 2% per withdrawal.
- Crypto – $1,500 per withdrawal. 2% commissions per withdrawal.
- Bank Transfer – 3% per withdrawal + fees charged by the receiving bank.
Payout Processing Time
- Withdrawal requests typically processed within 72 hours.
KYC
- After you complete a challenge, must complete the KYC.
Restricted Countries
Afghanistan
Belarus
Burundi
Central African Republic
Cuba
Republic of the Congo
Congo (Democratic Republic)
Iraq
Lebanon
Liberia
Libya
Myanmar
North Korea
Papua New Guinea
South Sudan
Sudan
Somalia
Syria
Venezuela
Yemen
Frequently Asked Questions
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The 5ers
Yes, you can copy your own trades across all your accounts. However, if you have multiple Bootcamp accounts, you will have to trade those with different strategies.
You can have 3 High-Stakes, 4 Hyper Growth and 3 Bootcamp Accounts
Yes, The5ers do offer swap free accounts on the Funded stage, you can reach out to the support for more info about that/
Yes, you cannot use an EA that scalps during the rollover. You can also not use an EA from a third party where other traders are having the same trades open, or an EA where the trader does not own the source code. Your EA must also have a stop loss visible in the trading platform.
The 5ers Prop Firm Challenges
FIRM
ACCOUNT SIZE
PROFIT TARGET
DAILY LOSS
MAX LOSS
PROFIT SPLIT
PAYOUT FRE.
PRICE
No challenges available for this firm yet.
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