The5%ers Review (discount link)
4.0

The5%ers Review (discount link)

The5%ers Funding Traders & Growth Program launched in 2016, aiming to provide full-time traders with higher capital than ordinarily available to them. They are passionate and dedicated to this profession. The5%ers are an officially registered UK company based in London and their headquarters are located at the address 14 Haroshet st, Raanana, Israel.
Home » The5%ers Review (discount link)

They have a mission to provide their traders all across the globe with a secure, fair, and honest trading framework that will enable them to grow as individuals and be of guidance to their life’s success.

Pros
  • Real accounts
  • Up to $4,000,000 funded account
  • Instant funding
  • Low entry cost Bootcamp challenge
  • Freestyle program with 100% profit split
  • Traders community
  • News trading allowed
  • Overnight & over the weekend holding allowed
  • Algo trading allowed
  • Advanced dashboard
  • Live trading room for their clients
  • One-time fee
  • Instant payouts, upon request
  • Real-time trading notifications
  • External performance statistics
Cons
  • Low leverage 6:1, 10:1 & 30:1
  • 50% Profit share on instant funding accounts
  • 1.5% Max stop loss risk limit on low-risk account types
  • 1% Max stop loss risk limit on $100K Bootcamp account type
  • Limited trading instruments (only forex, gold & silver)

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 100% with the Freestyle and 50% at low risk and aggressive account types. You can achieve this by trading forex pairs, gold, and silver.

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 $6,000, $10,000, and $20,000 instant funding account sizes, which can be scaled up to $1,280,000 in size. Another option you can opt for is their newer $100K Bootcamp challenge model, which has the potential to scale up to $4,000,000 in size. And the last funding program is their Freestyle, which is based on executing 100 trades with the potential to scale up to $4,000,000 in balance. 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.

Video Review

Funding options

The5%ers offer two different instant funding growth options: low-risk and aggressive. You can choose from the $6,000, $10,000 and $20,000 account sizes which can scale up to $4,000,000 in account balance. You can manage three of these accounts, but keep in mind that you cannot merge them. 

For low-risk accounts $6,000 and $10,000, you must reach a profit target of 6% for Level one and a profit target of 7% for a $20,000 account, which multiplies your account funds four times. Further scaling up requires profit targets of 10%, and your balance gets doubled up to $4,000,000.

The prices for low-risk account types:

  • $6,000 low-risk account €235
  • $10,000 low-risk account €385
  • $20,000 low-risk account €745

You must also consider that you are allowed to trade low-risk account types with a leverage of 6:1, while the maximum stop loss required for every open position is 1.5%. Level one of the program has a maximum time of completion, which is 180 days. Low-risk account types offer a 50% profit split, issued every month starting from the program’s second level. Only at level one do you get a payout when you fully complete it.

Displayed profit targets to scale up your low-risk account type:

You must reach a profit target of 12% for Level one for aggressive account types, which multiplies your account funds four times. Further scaling up requires a profit target of 25%, and your balance doubles up to $1,280,000.

The price for aggressive account types:

  • $6,000 aggressive account €235
  • $10,000 aggressive account €385
  • $20,000 aggressive account €745

You must also consider that you can trade aggressive account types with a leverage of 30:1 while there is no maximum stop loss requirement. Level one of the program has a maximum time of completion, which is 60 days. Aggressive account types also offer a 50% profit split, issued every month starting from the program’s second level. Only at level one do you get a payout when you fully complete it.

Displayed profit targets to scale up your aggressive account type:

Keep in mind that you are allowed to trade during the weekends, overnight, during news, while using EAs and indicators are also acceptable. Account funding is in USD.

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

The challenge is called $100K Bootcamp and is made out of two stages.

  1. Demo stages
  2. Live trading stages

Demo stages have an entry cost of only 85€. You can trade with a leverage of 10:1, and you have no minimum days or trades requirements. Your profit target for each of the three stages is 6% with a maximum loss limit of 5%. The demo stages of the challenge have a maximum time of completion of 12 months. You can see them in the picture below.

You have to keep in mind and respect the rule of opening all positions with stop-loss orders that are not risking more than 1% of the account balance. 

Any account with over three violations will be terminated!

Completing all three demo stages will make you eligible to get to live trading stages, and a profit split that you weren’t a part of so far.

Live Trading stages require a one-time fee of 215€ after passing the demo account stages. You can trade with a leverage of 10:1 and are eligible for growth for every 5% that you earn. Depending on your funded level, you are rewarded with a profit split that ranges from 50% to 80%. You can see the scaling in the picture below.

You can check all of the $100K Bootcamp challenge specifications for yourself on The5%ers website by clicking here.

The creation of the $100K Bootcamp was inspired by their previous Summer Plan, which got vast amounts of attention from their clients.

The last and newest funding program The5%ers introduced is the Freestyle challenge. The5%ers have added another funding program option which they named ”Freestyle”. It is based on executing 100 trades. The freestyle program costs €550 which gets you a starting balance of $50k. Your checkpoint is 100 trades where you have two objectives:

  1. Performance factor has to be 2 or above
  2. Winning factor has to be 30 or above

You are allowed to trade with leverage of 1:30.

Successfully completing the Freestyle evaluation gets you a funded $50k account. The following rules apply to your funded account:

  • Traders with a performance factor larger than three will receive a bonus refund of 120%
  • Profit withdrawal: After 50 trades
  • The objective for growth: Performance factor 2 or above after 100 trades
  • Absolute stop out level: 10%
  • Leverage: 1:30
  • Payout ratio: 100%
  • Scaling potential: Up to $4,000,000

You are allowed to trade on MetaTrader 5, where you can trade forex pairs as well as gold & silver.

What makes The5%ers different from other prop firms?

The5%ers are different from most industry-leading firms due to having no Evaluation Processes. You get funded instantly, and you have no minimum trading days and minimum position requirements.

Compared to other prop firms, The5%ers has low leverage of 6:1 for low-risk account types, 30:1 for aggressive risk account types, 10:1 for the $100K Bootcamp challenge, and 30:1 for Freestyle challenge. A significant difference from other firms is that they have no Evaluation Processes like FTMO, My Forex Funds, Lux Trading Firm, and True Forex Funds.

A huge difference is that you can hold trades over the weekend, overnight, and during news releases. You are also allowed to use indicators and EAs.

In conclusion, The5%ers offers instant funding by purchasing one of the three account types. Still, it would be best to consider the stop-out limits for every account, which you cannot surpass. On the other hand, a required stop-loss on every open trade potentially reduces the risk of hitting the maximum stop-out limit.

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.

After considering all of that, The5%ers is an excellent choice to get funded with. This is because you have different funding programs to choose from, Bootcamp with its low entry cost, Freestyle with 100% profit splits, and instant funding. You can sign up for a maximum of three instant funding, three Bootcamp, and one Freestyle funding program simultaneously.

You can use indicators and EAs. Overnight holding, weekend holding, and news trading are also allowed, which is excellent for every trader looking to scale up their account and work with capital up to $4,000,000 in the long term.

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 find reliable payment proof on their youtube channel at one of the videos they interview their traders in. For example, you can watch and hear about payments on 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:

Trading instruments

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

FOREX:EURUSDGBPUSDUSDJPYUSDCADAUDUSD
NZDUSDUSDCHFAUDCADAUDCHFAUDJPYAUDNZD
CADCHFCHFJPYEURAUDEURCADEURCHFEURGBP
EURJPYEURNZDGBPAUDGBPCADGBPCHFGBPJPY
GBPNZDNZDCADNZDCHFNZDJPY
METALS:XAUUSDXAGUSD

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 496 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 2,948 followers,
  • Instagram page with 6,214 followers,
  • Facebook page with 10,989 followers,
  • Youtube channel with 10,3k subscribers with 270 uploaded videos,
  • Pinterest page with 3.8k followers, and
  • Linkedin page with 1,663 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 offers instant funding with the option to choose from low-risk and aggressive account types ranging from $6,000 to $20,000, which can be scaled up to $4,000,000. For completing level one, you get rewarded with a profit split of 50%, with your primary goal being to hit a Profit Target of 6/7% on low-risk accounts and 12% on aggressive accounts. Your account balance gets multiplied times four, and from then on to a balance of $4,000,000, you can double and scale up your low-risk accounts by reaching a profit target of 10% and your aggressive accounts by reaching a profit target of 25%.

Another newer program that you can choose is the $100K Bootcamp program, the first low entry cost program, where you have an account with three demo stages to complete. The leverage of the challenge is 10:1, and throughout the challenge, you are rewarded with a profit split of 50%-80%, depending on the stage. Upon successful completion, you obtain a trading stage account for $100K on stage one with the possibility to scale up to $4,000,000, which is stage 17. 

The last and newest funding program is the Freestyle with no time limitations, no stop-out, and 100% of profits are rewarded to the trader. It is based on executing 100 trades. The freestyle program costs €285/€550 which gets you a starting balance of $25k/$50k. Your checkpoint is 100 trades where you have two objectives: the performance factor has to be 2 or above and the winning factor has to be 30 or above. The leverage of the challenge is 30:1.

They offer excellent conditions with instant funding and a small number of limitations for various traders with different strategies. Your primary focus must be on the maximum stop-out and maximum stop-loss risk limit.

The5%ers compared to FTMO, My Forex Funds, Lux Trading Firm, and True Forex Funds, significantly differ from all of them since they don’t require completion of some sort of an Evaluation Process.

The review about The5%ers was lastly updated on 17.05.2022 at 13:41 (CE(S)T).

So, what do you think about the layout of the Proprietary Trading firm? Does The5%ers have the instruments that you want to trade?

Let us know if you enjoyed our The5%ers Proprietary Trading firm review!

Use the following code for a 5% discount: https://the5ers.com/?ref=7909

Receive up to:
$100,000
Use our link for 5% discount
*Choose your account size and make a payment
4.0
Fees
4.0
Trading platform
4.0
Deposit and withdrawal
4.0
Customer Support
4.0 Overall Rating

12 Replies to “The5%ers Review (discount link)”

Leave a Reply

Your email address will not be published.