: Forex Prop Firms

The5ers

Claim Firm Buy Now

CEOSaul Lokier

CountryIL

Trust Pilot4.8

Date CreatedJan 2016

Years in Operation9

Reviews

Total Reviews

4.8

909 total reviews

758

135

5% OFF

5% off + credits equivalent to free account of the same size upon reaching payout on all accounts except the 100K High Stakes account (first order only) – no code needed

The5ers

4.8

909

Firm Overview

Trading Platforms

cTrader

MT5

Brokers

Commercial Liquidity Provider

Payment Methods

Credit/Debit Card

Crypto

PayPal

Apple Pay

Google Pay

Bank Transfer

Payout Methods

Crypto

Bank Transfer

Riseworks

Instruments and Assets

Type of Instruments:Features

Assets :n/a

Consistency Rules

None

Firm Rules

News Trading

Hyper-Growth and Bootcamp: Allowed except for bracket strategies around news.
High Stakes: Executing orders 2 minutes before until 2 minutes after high-impact news is prohibited.

Copy Trading

Allowed for High Stakes and Hyper-Growth with limitations.
Once a trader has more than $500K under management, taking the same trades across accounts is no longer possible.
Copy trading from an external account is allowed only if the account belongs to the same trader.
Third-party copy trading is not allowed.
Copy trading is not allowed between two Bootcamp accounts.
The5ers' partnership with Prop Firm One enables you to extend your copy trading capabilities even further. PF1 allows traders to seamlessly copy trades across different proprietary firm accounts within a single platform, offering increased flexibility and a broader range of opportunities. This means that, in addition to The5ers' internal copy trading feature, PF1 empowers users to manage trades across multiple firms, enhancing scalability and trading efficiency without breaching The5ers' core rules. For more details on this enhanced functionality, visit PropFirmOne.com.

Expert Advisors (EAs)

Allowed as long as they comply with the terms and conditions:
The EA must set a Stop Loss (SL) order on every position.
The EA must not:Copy trades from other persons' signals.
Perform tick scalping.
Perform latency arbitrage trading.
Perform reverse arbitrage trading.
Perform hedge arbitrage trading.
Use emulators.

Any accounts found using EAs that violate these rules will be canceled, banned, and not refunded. This applies to all programs, including Bootcamp and Instant Funding (Hyper Growth)..

High Stakes Program

Requires a **minimum of 3 profitable days.
A profitable day is a day where closed positions generate at least 0.5% of the initial balance.

Bootcamp Rules

A stop-loss is mandatory for all positions and orders and must be set within 3 minutes of placement.
Stop-loss (SL) is required for all positions and orders.
SL must not risk more than 2% of the account balance per position.
3% daily pause ("soft breach") applies during the funded stage.
Opening a position without an SL order, or risking more than 2% of the account balance in a single position, will be considered a risk violation. 5 risk violations will lead to automatic account termination

Prohibited Practices

One-sided bets: Taking consistent positions in a single direction without considering market conditions.
Exploitation of price discrepancies (arbitrage).
Trading bracket strategies by placing pending orders around high-impact news.
Exploiting system errors, such as price display inaccuracies or update delays.

Inactivity Rule

Accounts without new orders for more than 30 consecutive calendar days will expire.

Payout Policy

For the Bootcamp and Hyper-Growth programs

Traders start with a 50% profit split, but they can quickly grow that to 75% already by the next stage in the scale-up plan. Traders can scale up the profit split to 100%.

High Stakes program

Traders start with an 80% profit split and can also scale that up to 100%.

Payout Frequency

Traders have the possibility to withdraw their profits on a bi-weekly basis.
The minimum amount eligible for withdrawal is $150, after the profit split has been applied.

Full details about the scaling plan and profit split can be found via this link: https://help.the5ers.com/how-much-is-the-profit-split-in-the5ers/