#5. The5%ers

Their mission is to offer traders worldwide a trading framework that is secure, equitable, and transparent, empowering them to thrive personally and achieve success in their lives.

The5%ers offers clients exclusive opportunities to advance their careers, such as a hyper-growth plan that increases capital levels and generates substantial profits. They promote financial independence for traders, regardless of their background or origin. Clients have the ability to generate significant profits by managing account sizes up to $4,000,000 and simultaneously enrolling in three accounts. Additionally, they are rewarded with profit splits ranging from 50% to 100%, depending on the selected funding program. By trading forex pairs, commodities, and indices, individuals can achieve these goals.

Who are The5%ers?

The5%ers is a proprietary firm headquartered in Raanana, Israel, and has an office in London, UK. They provide instant funding account models with both low-risk and aggressive-risk options. Clients have the choice of $5,000, $10,000, and $20,000 instant funding account sizes, which can be scaled up to a maximum of $4,000,000. Additionally, they offer a high-stakes two-step evaluation program.

Another option is their Bootcamp challenge model, available in $100K or $250K variants, which also has the potential to scale up to $4,000,000. Traders can utilize MetaTrader 5 for trading while using a third-party program as their broker.

The5%ers is a registered UK company listed on Companies House, with FIVE PERCENT ONLINE LTD as its owner. The company was incorporated on April 9, 2020, by Gil Ben Hur.

Who is the CEO of The5%ers?

Gil Ben Hur is the CEO of The5%ers

Funding options

The5%ers presents traders with a selection of three distinct programs to opt for:

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

Instant funding program accounts

Traders can immediately start earning with The5%ers instant funding program account, bypassing the evaluation process entirely. It is crucial to concentrate on staying within the limits of the 3% daily pause and 6% maximum loss rules. It should be noted that completing level 1 requires meeting a maximum trading day requirement of 12 months. Profit splits ranging from 50% to 100% are granted based on the trading profits generated while utilizing 1:30 leverage.

Instant funding program account scaling plan

The spreadsheet above provides details about the scaling plan available for instant funding program accounts. To qualify for scaling your account, the only requirement is to achieve the profit target specified for your particular instant funding level. An additional advantage to consider is that withdrawals do not impede the account's ability to scale up. When your total profits reach the 10% profit target, your account becomes eligible for scaling.

For instance:

Account type: Profit target is set at 10%.

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

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

Since your total profits have now reached 11%, surpassing the 10% profit target, you become eligible for scaling.

Forex pairs, metals, and indices serve as the trading instruments available for the instant funding program account.

Instant funding program account rules

• The profit target represents a predetermined percentage of profit that traders need to achieve in order to complete an evaluation phase, make profit withdrawals, or scale their account. Across all scaling levels, the profit target remains consistent at 10%.

• The maximum loss refers to the highest allowable overall loss that a trader can incur before their account is considered violated. For all account sizes, the maximum loss limit is set at 6%.

• The daily pause serves as a protective measure against substantial losses for traders. Once the daily pause level is reached, all open trades are closed, and the account is temporarily disabled until the following trading day. For all account sizes, a daily pause limit of 3% is implemented.

• Maximum trading days represent the prescribed timeframe within which traders must achieve a designated profit target or withdrawal target. For level 1, the maximum trading period is set at 12 months.

• When considering third-party copy trading, it is important to be aware of the associated risks. By utilizing such services, it is possible that other traders are already using the same platform and employing identical trading strategies. This poses the risk of encountering difficulties in obtaining a funded account or withdrawing funds if the maximum capital allocation rule is exceeded.

• When considering the use of a third-party EA (Expert Advisor), it is important to be aware of the associated risks. By utilizing such an EA, there is a possibility that other traders are already using the same EA, employing the exact same trading strategy. This introduces the risk of encountering difficulties in obtaining a funded account or withdrawing funds if the maximum capital allocation rule is exceeded.

High-stake challenge

The purpose of The5%ers high-stake challenge is to discover committed and skilled traders who demonstrate consistency throughout the two-phase evaluation period. Successful participants are duly rewarded. The evaluation program account grants the opportunity to trade with a leverage of 1:100.

Account Size - Prices

$5,000 - $39

$20,000 - $165

$60,000 - $300

$100,000 - $495

In evaluation phase one, traders must achieve an 8% profit target while staying within the limits of a 5% maximum daily loss and 10% maximum loss. There is no time restriction to reach the profit target in the phase one evaluation account, but a minimum of three profitable days is required to progress to phase two.

Moving on to evaluation phase two, traders need to attain a 5% profit target while adhering to the 5% maximum daily loss and 10% maximum loss rules. Similar to phase one, there is no specific time limit to reach the profit target, but a minimum of three profitable days is necessary to proceed to a funded account. It's important to note that upon successfully completing the phase two evaluation, a refund will be issued for the account payment.

Upon successfully completing both evaluation phases, traders are granted a funded account. It is important to consider the minimum withdrawal policy of $150. The minimum of three profitable days rule applies in both evaluation stages, as well as the 5% maximum daily loss and 10% maximum loss rules. The first payout is scheduled for 14 calendar days after placing the first position on the funded account. Subsequent payouts will be issued bi-weekly. Profit splits on the funded account start at 80% based on the profits generated, but can potentially increase up to 100% with the addition of a monthly salary if the trader qualifies for a specific scaling level.

High-stake challenge scaling plan

The high-stake challenge includes a scaling plan that allows traders to increase their account size. To be eligible for scaling, traders need to reach a profit target of 10%. Scaling can be done once every pay period, and withdrawals do not impact the ability to scale up. Once the total profits reach the 10% target, the account becomes eligible for scaling.

Here's an example:

Account type: Profit target is set at 10%.

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

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

Since your total profits have now reached 11%, exceeding the 10% profit target, you become eligible for scaling.

Please note that the account balance and profit split will be increased according to the provided table.

The trading instruments available for the high-stakes challenge include forex pairs, metals, and indices.

High-stake challenge rules

• The profit target represents a designated percentage of profit that traders need to achieve in order to successfully complete an evaluation phase, withdraw profits, or scale their account. In phase 1, the profit target is set at 8%, while in phase 2, it is 5%. When transitioning to funded accounts, traders must adhere to the minimum withdrawal policy.

• The maximum daily loss refers to the highest allowable loss a trader can incur in a single day before the account is considered violated. For all account sizes, the maximum daily loss is set at 5%.

• The maximum loss represents the highest permissible overall loss that a trader can reach before the account is considered violated. Across all account sizes, the maximum loss limit is set at 10%.

• A profitable trading day is defined as a day in which the closed positions result in a positive profit of at least 0.5% of the initial balance. The positive profit is calculated as the minimum value between the midnight balance and midnight equity, minus the previous day's balance.

• The policy of no news trading indicates that traders are prohibited from engaging in trading activities during high-impact news releases. It is mandatory to abstain from opening or closing any trades within a time frame of 2 minutes before and after the news is released.

• When considering third-party copy trading, it is important to be aware of the associated risks. By utilizing a third-party copy trading service, there is a possibility that other traders are already using the same service and employing an identical trading strategy. This increases the risk of being denied a funded account or withdrawal if the maximum capital allocation rule is exceeded.

• When considering the use of a third-party EA, it is important to be aware of the associated risks. By employing a third-party EA, it is possible that other traders are already using the same EA and implementing an identical trading strategy. This increases the risk of being denied a funded account or withdrawal if the maximum capital allocation rule is exceeded.

Bootcamp program account

The5%ers Bootcamp program account offers a cost-effective opportunity for traders to demonstrate their trading abilities. With this program, you pay a portion of the total fee as an initial entry cost, and the remaining amount is paid upon completion of the demo stages.

The demo stages mentioned above have an entry cost of 95€ for the $100k Bootcamp account or 225€ for the $250k Bootcamp account. In these demo stages, you can trade with a leverage of 1:10 without any minimum trading day or trade requirements. Each of the three demo stages has a profit target of 6% and a maximum loss limit of 5%. Successfully completing the demo stages is allowed within a maximum trading period of 12 months, while the account will expire if there is 21 days of inactivity.

It is important to adhere to the requirement of implementing stop-losses for all positions and ensure that you do not risk more than 2% of your initial account balance. Any account with more than three violations will be terminated. Once you successfully finish all three demo stages, you become eligible to begin trading in the live trading stages, scale your account, and generate profits.

After successfully completing the three demo account stages, the live trading stages require a one-time fee of 205€ for the $100k Bootcamp account or 350€ for the $250k Bootcamp account. In the live trading stages, you can trade with a leverage of 1:10 and have the opportunity for growth each time you achieve a profit target of 5%. The profit split you receive depends on the specific live trading stage you are in and ranges from 50% up to 100%.

To familiarize yourself with the rules and regulations of the $100k Bootcamp program account, you can refer to the provided specifications.

Bootcamp program account scaling plan

Demo Stages - Account Size

Demo stage 1 - $25,000/$100,000

Demo stage 2 - $50,000/$150,000

Demo stage 3 - $75,000/$200,000

To progress through the Bootcamp program account scaling plan in the demo stages, you need to achieve a profit target of 6% while ensuring that you do not exceed the 5% maximum loss in each level. Successfully completing all three demo stages grants you access to the live trading stages.

Demo Stages - Account Size - Account Size

Live trading stage 1 or Start $100k - $100,000 - 50%

Live trading stage 2 - $125,000 - 75%

Live trading stage 3 - $150,000 - 75%

Live trading stage 4 - $175,000 - 75%

Live trading stage 5 - $200,000 - 75%

Live trading stage 6 or Start $250k - $250,000 - 75% or 50%

Live trading stage 7 - $300,000 - 75%

Live trading stage 8 - $400,000 - 75%

Live trading stage 9 - $500,000 - 75%

Live trading stage 10 - $750,000 - 75%

Live trading stage 11 - $1,000,000 - 75%

Live trading stage 12 - $1,500,000 - 75%

Live trading stage 13 - $2,000,000 - 80%

Live trading stage 14 - $2,500,000 - 100%

Live trading stage 15 - $3,000,000 - 100%

Live trading stage 16 - $3,500,000 - 100%

Live trading stage 17 - $4,000,000 - 100%

The scaling plan for the live trading stages of the Bootcamp program entails achieving a profit target of 5% while ensuring that losses do not exceed 4% at each level. Once you successfully reach the profit target, you become eligible to increase the size of your trading account. Moreover, whenever you reach the profit target and scale your account, you will receive a payout based on the profit split.

The trading instruments available for the $100k Bootcamp program account include forex pairs, gold, and silver.

Bootcamp program account rules

In order to complete an evaluation phase, withdraw profits, or scale their account, traders are expected to achieve a profit target, which is a predetermined percentage of profit. During the demo stages, a profit target of 6% is required, while in the live trading stages, the target is 5%.

To prevent excessive losses, there is a maximum loss limit that traders must adhere to. In the demo stages, the maximum loss allowed is 5%, whereas in the live trading stage, it is reduced to 4%.

Traders are given a specific time frame known as the maximum trading days to reach their profit target or withdrawal target. For the demo stages, this period extends up to 12 months.

Before initiating a trade, it is mandatory for traders to set a stop-loss, which acts as a protective measure to limit potential losses.

To further manage risk, traders are required to set a percentage-based stop-loss for each position. Specifically, a stop-loss risk of 2% must be established for every trade.

What makes The5%ers different from other prop firms?

A comparative example between The5ers and Finotive Funding:

A comparative example between The5ers and E8 Funding:

The Bootcamp program account provided by The5%ers offers an opportunity for traders to showcase their skills with a low-entry cost challenge. As part of the entry process, traders pay a portion of the fee upfront, and the remaining portion is paid upon successful completion of the three demo stages. These demo stages require achieving a profit target of 6% while adhering to a maximum loss limit of 5%. Traders are given a maximum trading period of 12 months to complete this challenge. Throughout the process, it is mandatory to implement stop-loss orders for all positions, ensuring that no more than 2% of the initial account balance is at risk.

Upon successfully passing the demo stages, traders advance to the live trading stages where they can start earning profit splits and gradually scale their account. To enter the live trading stages, the remaining one-time fee must be paid. In the live trading stages, the objective is to achieve a profit target of 5% while maintaining the maximum loss limitation at 4%. This allows for the account to be scaled further. The unique aspect of The5%ers challenge sets it apart from other leading prop firms in the industry, making it an appealing choice for consistent traders seeking a long-term funding program.

In summary, The5%ers distinguishes itself from other prop firms by offering three funding programs. Additionally, there is no minimum requirement for trading days, and traders have the flexibility to hold positions over the weekend, overnight, and during news releases. Furthermore, the use of indicators and expert advisors (EAs) is permitted.

Is getting The5%ers capital realistic?

When assessing prop firms that align with your forex trading style, it is crucial to evaluate the realism of their trading requirements. While a company offering a high profit split on a well-funded account may sound appealing, if they expect substantial monthly gains with minimal drawdowns, your chances of success could be extremely low.

Instant funding programs offer a realistic approach as they provide direct funding, allowing you to start earning from the beginning. The initial level of these programs typically has a profit target of 10%, effectively doubling your capital. Moreover, the maximum loss rules associated with these programs are also reasonable, with traders being required to adhere to a 3% daily pause and a maximum loss limitation of 6%.

High-stake challenges also present a realistic opportunity for receiving capital. These programs generally have relatively modest profit targets, such as 8% in phase one and 5% in phase two, accompanied by average maximum loss rules. Traders are typically required to follow a maximum daily loss limit of 5% and a maximum overall loss limit of 10%. Furthermore, these challenges offer an unlimited maximum trading day period, allowing traders ample time to complete both evaluation phases.

The Bootcamp funding program also offers a realistic path to receiving capital. To gain access to the live trading stages, traders must successfully complete three demo stages. The profit target in the live trading stages is set at 5%, while the maximum loss limit is 4%. It is worth noting that traders have the option to withdraw their profits after completing each individual live trading stage.

Considering these factors, The5%ers stands out as an excellent choice for obtaining funding. The platform offers three distinct funding programs, each with realistic trading objectives and conditions for receiving payouts.

Summary

To sum up, The5%ers is a reputable proprietary trading firm that provides traders with a choice among three funding programs: Instant funding, the high-stake challenge, and the Bootcamp challenge.

In the instant funding programs, traders aim to achieve a 10% profit target while adhering to a maximum loss rule of 6%. It is important to keep in mind the 3% daily pause rule that prevents excessive trading. Reaching the profit targets allows traders to double their account balance and offers opportunities to scale their accounts by hitting subsequent 10% profit targets, with a maximum balance cap of $4,000,000. There are no minimum trading day requirements, and traders have a maximum trading period of 12 months to complete level 1.

The high-stake challenge follows a two-phase evaluation process, which is a common industry practice. Traders must successfully complete both phases to become funded and eligible for profit splits. The profit targets in phase one and phase two are 8% and 5%, respectively. These targets are considered realistic, especially when considering the maximum daily loss limit of 5% and the maximum overall loss limit of 10%. By successfully completing the high-stake challenge, traders can earn profit splits ranging from 80% to 100%, along with potential monthly salaries based on their scaling level.

The Bootcamp funding program requires traders to complete three demo stages before gaining access to the live trading stages, where profit splits can be earned and accounts can be scaled. Hitting a profit target of 5% allows traders to withdraw their profits while also increasing their account balance, potentially up to $4,000,000. The Bootcamp program does not have any minimum trading day requirements.

Considering the straightforward rules and favorable conditions, I highly recommend The5%ers to individuals seeking a prop firm. They are an established proprietary trading firm that caters to a diverse range of traders with different trading styles. With their comprehensive offerings, The5%ers is undoubtedly one of the leading prop firms in the industry.