The 5ers is an online no-evaluation prop firm that provides funding for professional traders who can demonstrate a profitable trading strategy. Once traders pass an evaluation, The 5ers will provide them with real money in a funded account to trade with. The 5ers makes money by taking a percentage of the profits from funded accounts.
To get started, you open a demo account on their platform and go through an evaluation period where you have to hit certain metrics, like a 10% return in 30 days. If you pass, you’re given an instant funding account with a balance of $50,000 to $4 million, depending on your evaluation performance. You keep 75-80% of the profits, while The 5ers takes the rest.
The 5ers has a good reputation because they actually provide funding, their fees are reasonable, and traders get to keep a large portion of profits. They offer forex, commodities, and index trading on the popular MT4 platform.
Whether you’re a novice trader looking for your first funding or an expert seeking substantial amounts of capital, The 5ers could be the best prop firm for you. Here is a The 5ers review showing why it is the best instant funding forex prop firm.
How Does The 5ers Work?
So how exactly does The 5ers instant funding prop firm work? It’s actually quite straightforward. First, you choose between three account types based on your risk tolerance and the capital level you want to trade with.
Once you pay the one-time participation fee, you can start trading on the MetaTrader 5 platform. The 5ers utilizes the popular MetaTrader 5 trading platform, which you can access on your desktop or through mobile apps on both Android and iOS devices. This gives you the flexibility to manage your trades and monitor the markets on the go.
To receive your initial payout and become an officially funded partner, you need to achieve and sustain the profit target for your selected account level. For example, 6-7% for Level 1 or 12% for Level 3. You also must stay above the maximum stop-out limit and not exceed the maximum leverage rate.
Once you’ve reached your profit targets, The 5ers will pay out your initial capital amount. From there, you continue trading with the potential to earn a percentage of the profits you generate each month. The 5ers aims for transparency and fairness with their profit-sharing model.
The 5ers Features
The 5ers offers some attractive features and opportunities for traders (beginner traders and full-time traders) looking to get started.
- Variety of Assets: With The 5ers, you can trade major and minor currency pairs, commodities like gold and oil, and stock indices. This allows you to diversify your trading and not put all your eggs in one basket.
- Free Resources: Once funded, you’ll gain access to useful materials to improve your trading, like video courses, webinars, and trading tools. These resources guide developing trading strategies and risk management techniques so you can trade confidently.
- Solid Support: Although The 5ers does not offer live chat support, they do have phone support and an email help desk. Representatives are available during market hours to assist you with any technical issues or questions about their platform and services.
- Different Account Options: The 5ers offers instant funding, meaning as soon as you pass their evaluation, you can start trading live with a funded account. They have a variety of account types for different trading styles of trading, risk tolerances and experience levels.
The 5ers Pricing & Trading Plans
The 5ers offers several account levels to suit successful traders of all experience levels. Their pricing is straightforward and affordable, with instant funding available for qualified, skilled traders.
For beginners, The 5ers Bootcamp trading program costs just 95 euros. This includes video tutorials, webinars, and demo accounts to help you learn the ropes of forex trading. Once you’ve completed the training, you can open a live funded account with instant access funding.
Compared to other prop trading firms, The 5ers has a very affordable entry point, and the potential for huge account growth and profit splits that favor the prop trader.
For new and experienced professional forex traders alike, The 5ers provides funding solutions to match your trading skills and experience at a great value. Their simple and transparent pricing, combined with valuable educational resources, makes them a top choice for a forex prop trading company.
Is The 5ers the Best Instant Funding Forex Prop Firm
The 5ers may be one of the best proprietary trading firms out there if you’re looking for instant funding as a profitable trader.
The firm is very generous with its funding. They offer up to $100,000 in buying power, allowing you to take on bigger positions and potentially generate higher profits. The exact amount you receive depends on how much trading experience you have, but most experienced traders report receiving at least $50,000, which is more than enough for most.
Click here to check out The 5ers so you can see if their instant funding, generous offers, and high-profit potential could be right for you. You’ll even save 5% on their evaluation fee by using our exclusive link.