The5%ers Review (discount link)

The5%ers provides its clients with unique career enhancers, including a hyper-growth plan to boost capital levels and earn high profits. They encourage their traders to reach financial freedom, no matter their background or where they come from. You are allowed to make high profits by managing account sizes of up to $4,000,000 and signing up for three accounts simultaneously, while you are rewarded with 50% up to 100% profit splits based on the funding program you choose. You can achieve this by trading forex pairs, commodities, and indices.

Who are The5%ers?

The5%ers is a proprietary firm with an office based in the UK, London. They offer instant funding account models with low-risk or aggressive-risk features. You can choose from $5,000, $10,000, and $20,000 instant funding account sizes, which can be scaled up to $4,000,000 in size. In addition, you can also choose their high-stakes two-step evaluation program. And lastly, you can opt for their $100K or $250K Bootcamp challenge model, which has the potential to scale up to $4,000,000 in size. They allow you to trade on MetaTrader 5 while using a 3rd party program as their broker.

They are an officially registered UK company based in London, which you can see on Companies’ house records.

FIVE PERCENT ONLINE LTD owns them. They were incorporated on the 9th of April 2020 by Gil Ben Hur.

Their headquarters are located at the address 14 Haroshet st, Raanana, Israel.

Who is the CEO of The5%ers?

Gil Ben Hur is the founder and CEO of The5%ers’ funding & growth program, which is an innovative proprietary trading firm model. He has a rich history in the forex trading industry, being a full-time individual forex trader since 2007. He is a specialist in order flow and price-action methodologies.

Gil Ben Hur is also a very reputable trading coach and former private investors portfolio manager. His journey in the proprietary trading firm industry started back in 2016 when he launched The5%ers, which became a huge success. This unique trading platform provided individual forex traders worldwide with the opportunity to trade more significant amounts of trading capital while also being provided with an incredible career growth option, or in other words, an excellent scaling plan.

Video Review

Funding options

The5%ers offers its traders three different programs to choose from:

• Instant funding program accounts
• High-stake challenge
• Bootcamp program account

Instant funding program accounts

The5%ers instant funding program account allows traders to skip the evaluation altogether and start earning from the start. You should only focus on not surpassing the 3% daily pause and 6% maximum loss rules. Note that there are no maximum trading day requirements to complete level 1. You are awarded 50% up to 100% profit splits based on the profit you make while trading with 1:30 leverage.

Instant funding program account scaling plan

Instant funding program accounts also have a scaling plan which you can see in the spreadsheet above. To become eligible to scale your account, the only requirement is to reach a profit target that is required for your specific instant funding level. Another positive feature you should consider is that your withdrawals won’t affect your account from scaling up. Your account will be eligible for scaling when your total profits reach the 10% profit target.

Example:

The profit target for this account type is 10%.

First 14 calendar day period: You gain 4% and withdraw 50% of your profits.

Second 14 calendar day period: You gain 7% and withdraw 50% of your profits.

Your total profits have reached 11%, which makes you eligible for a scale-up since you have reached the 10% profit target.

Trading instruments for the instant funding program account are forex pairs, metals, and indices.

Instant funding program account rules

• Profit target is a specific percentage of profit that a trader is required to obtain before they can complete an evaluation phase, withdraw profits, or scale their account. The profit target for all scaling levels is 10%.
• Maximum loss is the maximum loss a trader can reach overall before the account is violated. All account sizes have a maximum loss of 6%.
• Daily pause is a loss protection that helps traders avoid significant losses. When the daily pause level 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%.
• Third-party copy trading risk means that if you intend to use copy trading services, you should keep in mind that by using a third-party copy trading service, there might be other traders that are already using it and therefore exactly the same trading strategy. By using a third-party copy trading service, you potentially run the risk of being denied a funded account/withdrawal if you exceed the maximum capital allocation rule.
• Third-party EA risk means that if you intend to use an EA, you should keep in mind that by using a third-party EA, there might be other traders that are already using it and therefore using exactly the same trading strategy. By using a third-party EA, you potentially run the risk of being denied a funded account/withdrawal if you exceed the maximum capital allocation rule.

High-stake challenge

The5%ers high-stake challenge aims to identify serious and talented traders who are rewarded for their consistency in the two-phase evaluation period. The evaluation program account allows you to trade with 1:100 leverage.

Evaluation phase one requires a trader to reach a profit target of 8% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. You are required to hit your profit target in an unlimited time period in your phase one evaluation account. However, you are required to have a minimum of three profitable days in order to proceed to phase two.

Evaluation phase two requires a trader to reach a profit target of 5% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. You are required to hit your profit target in an unlimited time period in your phase one evaluation account. However, you are required to have a minimum of three profitable days in order to proceed to a funded account. Note that once you successfully complete your phase two evaluation, you will receive a refund on your account payment.

By completing both evaluation phases, you are awarded a funded account where you should consider the minimum withdrawal policy of $150. You have to respect the minimum of three profitable days rule as in both evaluation stages. In addition, you are also required to respect the 5% maximum daily loss and 10% maximum loss rules. Your first payout is 14 calendar days from the day you place your first position on your funded account. After successfully receiving your first payout, your payouts will continue to be issued bi-weekly. Your profit split will be 80% based on the profit you make on your funded account. This can be increased up to 100%, with an additional monthly salary if you qualify for a certain scaling level.

High-stake challenge scaling plan

The high-stake challenge also has a scaling plan. You are required to reach a profit target of 10% in order to be eligible to scale your account to the next level. You are eligible to scale your account once every pay period. Another positive feature you should consider is that your withdrawals won’t affect your account from scaling up. Your account will be eligible for scaling when your total profits reach the 10% profit target.

Example:

The profit target for this account type is 10%.

First 14 calendar day period: You gain 4% and withdraw 80% of your profits.

Second 14 calendar day period: You gain 7% and withdraw 80% of your profits.

Your total profits have reached 11%, which makes you eligible for a scale-up since you have reached the 10% profit target.

Note that the account balance and profit split will be increased according to the table below.

Trading instruments for the high-stakes challenge are forex pairs, metals, and indices.

High-stake challenge rules

• Profit target is a specific percentage of profit that a trader is required to obtain before they can complete an evaluation phase, withdraw profits, or scale their account. Phase 1 profit target is 8% while phase 2 has a profit target of 5%. Funded accounts require traders to respect the minimum withdrawal policy.
• Maximum daily loss is the maximum loss a trader can reach on a daily basis before the account is violated. All account sizes have a maximum daily loss of 5%.
• Maximum loss is the maximum loss a trader can reach overall before the account is violated. All account sizes have a maximum loss of 10%.
• Profitable trading day is a day on which the closed positions made a positive profit of at least 0.5% of the initial balance. (The positive profit is calculated like this: Minimum (Midnight Balance, Midnight Equity) – Previous Day Balance)
• No news trading means that traders are not allowed to trade during high-impact news releases. You are restricted from opening and closing any trade 2 minutes before and after the news.
• Third-party copy trading risk means that if you intend to use copy trading services, you should keep in mind that by using a third-party copy trading service, there might be other traders that are already using it and therefore exactly the same trading strategy. By using a third-party copy trading service, you potentially run the risk of being denied a funded account/withdrawal if you exceed the maximum capital allocation rule.
• Third-party EA risk means that if you intend to use an EA, you should keep in mind that by using a third-party EA, there might be other traders that are already using it and therefore using exactly the same trading strategy. By using a third-party EA, you potentially run the risk of being denied a funded account/withdrawal if you exceed the maximum capital allocation rule.

Bootcamp program account

The5%ers Bootcamp program account is a low-entry cost challenge where every trader can prove their trading skills. You pay part of the entire fee as an entry cost, while you pay the rest when you finish your demo stages.

Demo stages seen above have an entry cost of 95€ for the $100k or 225€ for the $250k Bootcamp account. You are allowed to trade with a leverage of 1:10 while having no minimum trading day or trade requirements. Your profit target for each of the three demo stages is 6%, with a maximum loss limit of 5%. The demo stages have no maximum trading day requirements. However, there is an account expiration period, which will take place after 21 days of inactivity.

You also have to respect the requirement of stop-losses for all positions while not risking more than 2% of your initial account balance. Any account with over three violations will be terminated. Note that when you successfully finish all three demo stages, you become eligible to start trading live trading stages, scaling your account, and earning profits.

Live trading stages require a one-time fee of 205€ for the $100k or 350€ for the $250k Bootcamp account after passing the three demo account stages. You are allowed to trade with a leverage of 1:10 while being eligible for growth every time you reach a profit target of 5%. Depending on your live trading stage, you are awarded a profit split that ranges from 50% up to 100%.

You can also check all the $100k Bootcamp program account specifications to familiarize yourself with the rules.

Bootcamp program account scaling plan

Bootcamp program account scaling plan for demo stages requires you to hit a profit target of 6% without surpassing the 5% maximum loss in each level. Completing all three demo stages allows you to access live trading stages.

Bootcamp program account scaling plan for live trading stages requires you to hit a profit target of 5% without surpassing the 4% maximum loss in each level. Additionally, a 3% daily pause is also in place, meaning that if you breach the 3% drawdown, your account will be disabled for the day. Note that hitting the daily pause will not terminate your trading account. You are eligible to scale your account when you reach your profit target. In addition, you will also be paid out your profit split each time you reach your profit target and scale your account.

Trading instruments for the Bootcamp program account are forex pairs, gold, and silver.

Bootcamp program account rules

Profit target is a specific percentage of profit that a trader is required to obtain before they can complete an evaluation phase, withdraw profits, or scale their account. Demo stages require a profit target of 6%, while the live trading stages require a profit target of 5%.

Daily pause is a loss protection that helps traders avoid significant losses. When the daily pause level 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 is the maximum loss a trader can reach overall before the account is violated. Demo stages have a maximum loss of 5%, while the live trading stage has a maximum loss of 4%.
Stop-loss required means that traders must set a stop-loss on every position before they can open a trade.
Stop-loss risk per position means that a trader must set a specific percentage based stop-loss on every position before they can open a trade. A stop-loss risk of 2% is required for each position.

What makes The5%ers different from other prop firms?

The5%ers are different from most industry-leading firms due to having three different funding programs: Instant funding, high-stakes two-step evaluation, and the Bootcamp challenge. In addition, you also have no minimum trading day requirements. You can hold trades over the weekend, overnight, and trade during news releases while also being allowed to use indicators and EAs.

Compared to other prop firms, The5%ers have instant funding program accounts. The profit target for level 1 of instant funding accounts is 10%, with a 3% daily pause and 6% maximum loss rules. Note that traders have a 12-month period in order to complete level 1. Instant funding program accounts also have a scaling plan. Compared to other industry-leading prop firms, they have no maximum or minimum trading day requirements.

The5%ers high-stakes challenge, on the other hand, is a two-phase evaluation program that requires traders to complete two phases before being eligible for payouts. The profit target is 8% in phase one and 5% in phase two, with a 5% maximum daily and 10% maximum loss rules. You are also required to have a minimum of three profitable days in each phase before becoming funded. The high-stake challenge also has a scaling plan. Compared to other industry-leading prop firms, they have relatively low profit targets.

Example of comparison between The5%ers & Finotive Funding:

Example of comparison between The5%ers & E8 Funding:

Example of comparison between The5%ers & True Forex Funds:

The5%ers Bootcamp program account is a low-entry cost challenge where every trader can prove their trading skills. You pay part of the entry fee as an entry cost while paying the rest if you complete the three demo stages, where you are required to hit a profit target of 6% with a maximum loss limitation of 5%. You have an unlimited maximum trading period to complete the challenge while also being required to use stop-losses for all positions while not risking more than 2% of your initial account balance. Successfully passing the three demo stages allows you to progress to live trading stages, where you start earning profit splits and start scaling your account. To start the live trading stages, you are required to pay the rest of the one-time fee. The objective for the live trading stages is a profit target of 5%, which scales your account while respecting the 4% maximum loss limitation and 3% daily pause rule. Compared to other industry-leading prop firms, this challenge is completely unique and a great addition for consistent traders looking for a long-term funding program.

In conclusion, The5%ers is different from other industry-leading prop firms by offering three funding programs. In addition, you also have no maximum or minimum trading day requirements. You can also hold trades over the weekend, overnight, and trade during news releases while also being allowed to use indicators and EAs.

Is getting The5%ers capital realistic?

It’s essential to see how realistic the trading requirements are when looking at prop firms that best suit your forex trading style. For example, a company offering a high % profit split on a highly funded account sounds great, but if they expect high % gains per month with low % maximum drawdowns, your chances of success become close to zero.

Receiving capital from the instant funding programs is realistic since they are direct funding programs where you can start earning from the start. The first level has a profit target of 10%, which will double your capital. In addition, regarding the maximum loss rules, it is also realistic to receive funding since traders have a 3% daily pause and 6% maximum loss rules to follow.

Receiving capital from the high-stake challenge is realistic mostly since they have relatively low profit targets (8% in phase one and 5% in phase two) with average maximum loss rules (5% maximum daily and 10% maximum loss). In addition, you also have an unlimited maximum trading day period in order to complete both evaluation phases.

Receiving capital from the Bootcamp funding program is realistic since you are required to complete three demo stages before gaining access to the live trading stages. The live trading stages have a realistic profit target of 5% with a 4% maximum loss limit and 3% daily pause rule. Note that you can withdraw your profit each time you complete a single live trading stage.

After considering all of that, The5%ers is an excellent choice to get funded since you have three different funding programs you can choose from that have realistic trading objectives to follow and conditions to receive payouts.

Payment proof

The5%ers were incorporated on the 9th of April, 2020. Traders can request withdrawals of their profit splits anytime and as often as they want with no minimum or maximum thresholds. They do so by clicking the ‘’Profit Payout’’ button on their traders’ dashboard.

You can also find reliable payment proof on their youtube channel in some of the videos where they interview their traders in. For example, you can watch and hear about payments in the following two videos.

Which brokers do The5%ers use?

The5%ers don’t trade with common broker brands. They trade directly through a commercial Liquidity Provider who gives them Direct Market Access. The5%ers trading activities are executed via the STP Market Execution through their broker. They have incorporated an ECN-Broker-Fees-Structure into their platform.

The commission is $4 per lot round trip (0.4 pips).

The spread for EUR/USD ranges from 0.1 to 0.5 pips.

As for trading platforms, they allow you to trade on MetaTrader 5.

Trading instruments

The5%ers allows its clients to trade all forex majors, forex majors crossings, gold & silver, and indices.

Trading fees

Trading commission:

Spread:

In order to check the live spreads login to the trading account below:

Education & Support for traders

The5%ers provides educational content on their website under Trading Resources. You can find trading ideas, trading rooms, various educational videos, forex pivot points, trading courses, and essential tips to succeed with their funded trader program. You can access their website by clicking here.

You can also find a thread about The5%ers on ForexFactory. You can find a lot of information and discussions about the firm itself by reading the thread. Besides that, you can read comments about experiences from their clients.

Traders’ Comments about The5%ers

The5%ers have excellent feedback from reviews.

On Trustpilot, they have a large variety of their community commenting and giving positive feedback with an incredible score of 4.8/5 out of 925 reviews. They also have a reliable support team that will provide you with all the necessary information you require from them or if you are unsure of anything.

Comments from their clients also mention that their customer support is very professional and helpful.

Their clients also benefit from all the educational guidelines they provide to make their trading journey a lot easier.

Social media statistics

The5%ers can also be found on social media.

They have a:

• Twitter account with 3,741 followers,
• Instagram page with 17k followers,
• Facebook page with 47,600 followers,
• Youtube channel with 12,6k subscribers with 375 uploaded videos,
• Pinterest page with 4,4k followers, and
• Linkedin page with 2,433 followers.

Support

The5%ers have a FAQ page where you might find the information that you are missing.

The support team is available on their social media, or you can directly contact them on their email help@the5ers.com.  

Their office hours are Sunday-Thursday from 7:00 to 17:00 GMT and Friday from 7:00 to 12:00 GMT.

You can also contact The5%ers for any further information through telephone number +1 (929) 955 5595 or +44 (20) 8068 0793.

Conclusion

In conclusion, The5%ers is a legitimate proprietary trading firm that offers traders a chance to choose between three different funding programs: Instant funding, the high-stake challenge, and the Bootcamp challenge.

With instant funding programs, traders are required to hit a profit target of 10% while not surpassing the 6% maximum loss rule. Traders should also consider the 3% daily pause rule that prevents them from overtrading. Reaching the profit targets doubles a trader’s account balance. After that, you are allowed to scale your account each time you hit a 10% profit target up to a maximum balance of $4,000,000. You have no maximum or minimum trading day requirements to complete level 1 or any other level when you qualify for scaling.

The high-stake challenge is an industry-standard two-phase evaluation challenge that requires the completion of two phases before becoming funded and being eligible to earn profit splits. The5%ers require traders to reach profit targets of 8% in phase one and 5% in phase two before becoming funded. These are realistic trading objectives considering you have a 5% maximum daily and 10% maximum loss rules to follow. With the high-stake challenge, you can earn 80% up to 100% profit splits with an additional monthly salary if qualifying for a certain scaling level.

With the Bootcamp funding program, you are required to complete three demo stages before gaining access to live trading stages that allow you to start generating a profit split and scaling your account further. You are able to withdraw your profits every time you hit a profit target of 5%, which also scales your account to a higher balance of up to $4,000,000. Note that you have no maximum or minimum trading day requirements for the Bootcamp funding program.

I would recommend The5%ers to anyone looking for a prop firm with straightforward rules. They are a well-established proprietary trading firm that offers excellent conditions for a big pool of individuals with unique trading styles. After considering everything The5%ers has to offer, they are for sure one of the industry-leading prop firms.

The review about The5%ers was lastly updated on 22.09.2023 at 07:38 (CE(S)T).

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