Reviewing The5ers Benefits And Features

Jeremy BiberdorfBy: Jeremy Biberdorf

December 1, 2023December 1, 2023

The5ers Overview

The5ers Logo

The 5%ers, an Israeli-based proprietary trading firm, was established in 2016 by Ben Gil Hur, a seasoned forex trader. Supported by a team of expert traders and technical professionals, the firm has carved a notable reputation in the trading community and is especially recognized as an industry leader in instant funding.

A key focus of The5%ers is on growth, which is evident in all the models they offer. They provide a diverse array of funding models to accommodate different trading styles and objectives. This flexibility allows traders to choose a model that best aligns with their trading strategy and risk tolerance.

In addition to funding options, the company also places a strong emphasis on education and skill development. They offer a wide range of educational resources, including webinars, live trading videos, and workshops.

These resources are designed to enhance the knowledge and skills of traders at various levels, from beginners to more experienced individuals. This review expands on the features of the platform.
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How Does The5ers Work?

The firm’s earnings report highlights impressive returns on investment through its various funding accounts. For instance, with their $24,000 Instant Funding Account (Low-Risk), you can achieve a return on investment of 274% after making the first 10%, resulting in a profit of $643.50.

Additionally, if a trader consistently makes an average profit of 5% per month, the earnings can be substantial. After six months, the profit could amount to $4,393.50, considering account growth and profit splits. This figure significantly increases to $37,993.50 after 12 months.

Upon passing the firm’s trading challenge, traders are allocated a live account with an initial capital of $100,000. Based on an average monthly profit of 5%, the projected earnings are quite remarkable.

After six months, a trader could accumulate a total profit of $25,000, which potentially escalates to $171,000 after 12 months. Impressively, reaching a 24-month mark could result in a total profit exceeding $2.3 million, demonstrating the lucrative potential.

The5ers Funding Programs

Bootcamp program

The Bootcamp program by The5ers is an innovative and cost-effective solution for traders looking to prove their skills in the trading industry. Designed to offer a low-entry-cost challenge, it is ideal for those focusing on discipline and consistency in their trading approach.

When you sign up for the Bootcamp program, you have two options for demo account sizes: $100k and $250k.

The entry cost is reasonably set at $95 for the $100k account and $225 for the $250k account. This program stands out as it imposes no minimum trade requirements, offering flexibility for traders to develop and apply their strategies at their own pace.

The Bootcamp Three-Phase Demo Account

One of the unique features of the Bootcamp program is its three-phase demo account challenge. This initial stage is critical as it allows traders to demonstrate their trading skills and discipline. The5ers provide an unlimited timeframe to complete these stages, catering to the varied schedules of traders.

However, it’s important to note that if there’s a period of 14 days of inactivity, your account will expire. In such scenarios, The5ers offers the option to temporarily freeze your account, ensuring you don’t lose progress due to unforeseen circumstances.

After successfully navigating through the challenge phases, traders are required to pay the remainder of a one-time fee. This fee is $110 for the $100k account and $125 for the $250k account.

Once this is settled, you are granted access to a live-funded account and become eligible for a profit split. This transition from a demo to a live-funded account is a significant milestone in the program.

The Bootcamp Profit Structure

The profit-sharing structure in the Bootcamp program is particularly attractive. For a $100k account, the payout ratio begins at 75% and increases as you reach higher capital milestones. Impressively, once you hit the $2.5 million mark, you become eligible for a 100% profit split.

For those starting with a $250k account, the same rules apply, but with the advantage of starting several steps ahead due to the larger initial account size. The maximum growth potential for both accounts is capped at $4 million, offering substantial room for financial growth and success.

The5ers Bootcamp Leverage

The leverage in the Bootcamp program is set at a reasonable 1:10, balancing opportunity with risk. Additionally, you have the flexibility to manage up to three different accounts simultaneously.

The program also accommodates various trading styles, as it allows for news trading and holding open positions overnight and over weekends.

Bootcamp Scaling plan

Each time you achieve a 5% target in your account, you’re rewarded with an opportunity to scale up, further incentivizing consistent performance and strategic trading.

This scaling mechanism is a key component of the program, encouraging continuous improvement and growth in your trading journey.

In essence, The5ers’ Bootcamp program offers a structured yet flexible pathway for traders to demonstrate their skills, grow their capital, and share in the profits of their successful trading strategies.

Hyper Growth (Instant Funding) Program

The5ers offers two distinctive trading programs: the Hyper Growth Plan and the High Stakes Program, each designed to cater to different trader profiles and ambitions.

The Hyper Growth Plan is tailored for traders aiming for rapid account growth. It offers an exceptional success rate, with a key feature of doubling your funded account with every 10% gain. This plan sets a maximum growth limit of $4 million, aligning with the Bootcamp program.

  • Profit Split and Bonuses: Alongside the profit split, traders receive bonuses in their HUB.
  • Payout Schedule: The first payout is available 14 days after receiving the funded account, with subsequent payouts every two weeks.
  • Rapid Scaling: This plan is designed for swift scaling, making it an attractive option for traders focused on aggressive growth.

High Stakes Program

The High Stakes Program is The5ers’ latest addition, aimed at traders who prefer a high-risk, high-reward trading environment.

  • Refund on Evaluation Completion: After passing the evaluation phase, traders receive a refund of their initial fee, regardless of the size of the chosen account.
  • Profit Split: Traders enjoy a scalable profit split between 80% to 100%.
  • Account Scaling and Leverage: Accounts can scale up to $500k, with a drawdown (DD) that’s the largest on the market and leverage set at a high of 1:100.
  • Account Limitations: Traders can have one $5k account and one other account of any size, with a maximum of two active accounts.
  • Profitability Requirements: Traders must have a minimum of 3 profitable days. Profit targets are set at 8% for the first step and 5% for the second step. For funded account traders, a 10% profit is required for eligibility for growth.

Each program offers unique benefits, such as rapid scaling, profit splits, bonuses, and flexible trading conditions, making The5ers a versatile platform for traders seeking to maximize their trading potential and financial growth.

The5ers Prop Firm: Rules and Restrictions

The5ers have specific rules and restrictions for their traders, which vary depending on the chosen model. Understanding these guidelines is crucial for traders aiming to succeed in their trading journey with the firm.

Time Limits

  • Bootcamp Model: Traders have a 1-year limit to complete all three phases.
  • Instant Funding Model: The first phase has a time limit of 180 days for both low-risk and aggressive accounts. There are no time limits after passing the first phase. However, the management is flexible and open to extending time limits upon request through their support team.

Drawdowns

  • Instant Funding Model: The total drawdown is 6% for phases 1 and 2, reducing to 4% from phase 3 onwards. There are no daily drawdown limits.
  • Bootcamp Model: The total drawdown is set at 5% for each challenge, decreasing to 4% upon moving to a live account. Similar to the instant funding model, there are no daily drawdowns.

Wrapping Up

The5ers, established in 2016, has rapidly gained prominence in the proprietary trading industry, particularly for its instant funding and focus on trader growth.

Offering a variety of funding models, The5ers caters to different trading styles and strategies, emphasizing flexibility and trader development.

With programs like the Bootcamp and Hyper Growth Plan they provide structured paths for skill demonstration and capital scaling. Their comprehensive educational resources further support trader skill enhancement.

The5ers’ blend of substantial profit potential, adaptable trading conditions, and educational support make it a standout choice for traders seeking to advance and succeed in the dynamic world of financial markets. Click here to sign up for an account using our coupon code.

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Jeremy Biberdorf
Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. He's a father of 2 beautiful girls, a dog owner, a long-time online entrepreneur and an investing enthusiast.

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