The5%ers Review

They are dedicated to empowering traders worldwide with a robust, fair, and transparent trading structure. This framework encourages personal growth and guides individuals towards success in their lives.

The5%ers is dedicated to offering unique career development opportunities, including a rapid growth plan to elevate capital and attain high profits. Their mission is to help traders achieve financial independence, regardless of their origins or background. Trading on account sizes up to $4,000,000 and operating three accounts concurrently enables high profits, with reward schemes of 50% to 100% profit splits, depending on the selected funding program. Trading opportunities include forex pairs, commodities, and indices.

About The5%ers

The5%ers is a proprietary firm headquartered in London, UK. They provide instant funding account models that can be low-risk or aggressive-risk. Instant funding account sizes range from $5,000 to $20,000, scalable up to $4,000,000. Furthermore, they offer high-stakes evaluations and $100K or $250K Bootcamp challenges, scalable up to $4,000,000. MetaTrader 5, along with a 3rd party program, is their trading platform.

Company Registration Details

They are an official UK company, and their registration can be verified on the Companies' house records.

Owned by FIVE PERCENT ONLINE LTD, they were founded on April 9, 2020, by Gil Ben Hur.

Their main office address is 14 Haroshet st, Raanana, Israel.

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CEO Profile of The5%ers

Gil Ben Hur, the founder and CEO of The5%ers' funding & growth program, has a significant background in the forex trading industry. A specialist in order flow and price-action strategies, he has been a full-time forex trader since 2007. Also a reputable trading coach and former private investors' portfolio manager, he started The5%ers in 2016, creating a unique platform offering great career growth and an impressive scaling plan.

Funding Opportunities

The5%ers offers three distinct programs:

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

Instant Funding Program Accounts Details

These accounts allow traders to bypass evaluations and begin earning immediately, with focus on not exceeding certain limits. They offer profit splits ranging from 50% to 100%, with 1:30 leverage.

Instant Funding Program Account Scaling Plan

The scaling plan can be found in the table above. The sole requirement for scaling is reaching the profit target specific to each funding level, with withdrawals not affecting scalability. A 10% profit target is required for eligibility.

Example:

The desired gain for the specified account category stands at 10%.

First 14-day calendar period: Earnings reach 4%, and you take out 50% of your gains.

Second 14-day calendar period: Earnings reach 7%, and you take out 50% of your gains.

Accumulated gains have achieved 11%, thus qualifying you for an escalation since you have attained the 10% profit objective.

Instruments available for trading in the high-stakes challenge include foreign exchange pairs, metals, and market indices.

Instant Funding Program Account Guidelines

Profit Objective: This entails a set portion of earnings that a trader must achieve to pass an evaluation stage, extract gains, or ascend their account. The profit goal across all scaling tiers stands at 10%.

Ultimate Loss: This refers to the peak loss a trader can sustain cumulatively before the account is compromised. Every account size has a 6% cap on loss.

Daily Halt: This feature serves as a safeguard to help traders fend off substantial deficits. Should the daily halt mark be reached, all ongoing transactions are terminated, and the account is suspended till the subsequent trading day commences. A daily halt of 3% applies to all account sizes.

Third-Party Copy Trading Hazard: When considering employing copy trading solutions, be cautious that using a non-proprietary copy trading service could lead to identical trading techniques as others who are already using it. This could possibly result in being refused a funded account or withdrawal if the upper limit on capital allocation is surpassed.

Third-Party EA (Expert Advisor) Hazard: If planning to utilize an Expert Advisor, remember that employing a non-proprietary EA may lead to mirroring strategies of existing users. This could result in a possible refusal of a funded account or withdrawal if the capital allocation boundary is breached.

High-Stake Challenge

The 5%ers' high-stake challenge is designed to pinpoint proficient and skilled traders, rewarding their stability throughout a bifurcated evaluation duration. The assessment account permits trading at 1:100 leverage.

Evaluation Phase One: A trader must hit an 8% profit goal without exceeding a 5% daily loss limit or 10% total loss threshold. Though the time frame is unlimited, at least three profitable days must be recorded to advance to phase two.

Evaluation Phase Two: This stage demands a 5% profit goal while adhering to the 5% daily loss and 10% total loss constraints. Successful completion of this phase results in a refund on your account payment.

Upon clearing both phases, you qualify for a funded account. Consider the minimal withdrawal stipulation of $150 and adhere to the rules regarding profitable days, daily loss, and total loss. Payments are bi-weekly post the initial 14-day waiting period, and profit splits can escalate to 100% with an added monthly salary for certain tiers.

High-Stake Challenge Scaling Strategy

A 10% profit goal is requisite for eligibility to elevate your account. Scaling is permitted each pay cycle and uninfluenced by withdrawals. Scaling is feasible once the 10% profit goal is met.

Example:

• 1st 14-day period: 4% gain and 80% profit withdrawal.
• 2nd 14-day period: 7% gain and 80% profit withdrawal.
• Total profits at 11%, qualifying for scaling due to the 10% profit goal.

The account balance and profit share will align with the table that follows.

Trading options encompass forex pairs, metals, and indices for the high-stakes challenge.

High-stake Challenge Rules

• Profit Target: This refers to a specific percentage of earnings that a trader must achieve to move past the evaluation stage, extract profits, or enhance their account. In Phase 1, the profit goal is 8%, while Phase 2 has a profit aim of 5%. Funded accounts require adherence to the minimum withdrawal regulation.
• Maximum Daily Loss: This is the highest loss a trader may incur in one day before the account becomes invalidated. Every account size carries a 5% maximum daily loss.
• Maximum Loss: This signifies the total most significant loss a trader can have before the account is violated. Every account size carries a 10% maximum loss.
• Profitable Trading Day: A day where the finalized transactions result in a positive gain of a minimum of 0.5% of the starting balance.
• No News Trading: Traders must abstain from trading during periods of impactful news. This includes a prohibition on initiating or concluding any trades two minutes before and following the news.
• Third-party Copy Trading Risk and Third-party EA Risk: If traders plan to utilize copy trading or third-party EA, they should recognize the risk of duplicating a strategy already employed by other traders. This could result in denial of a funded account or withdrawal if the maximum capital allocation rule is surpassed.

The5%ers Bootcamp Program Account: A Gateway for Traders

The5%ers' Bootcamp program account offers an affordable entry-point for traders to demonstrate their trading prowess. The challenge is initiated by paying a fraction of the total fee upfront, with the remainder due upon completion of the demo stages.

Demo Stages

For the demo stages, the entry cost is set at 95€ for the $100k account, or 225€ for the $250k Bootcamp account. Traders can utilize leverage at a ratio of 1:10 without adhering to minimum trading days or trade limits. Across the three demo stages, a profit target of 6% must be achieved, while losses must not exceed 5%. There is no cap on the number of trading days allowed, but accounts will expire after 21 inactive days.

It's imperative to implement stop-losses for all trades and avoid risking more than 2% of the original account balance. Violation of these rules more than three times will result in account termination. Successful completion of all three demo stages paves the way to live trading, account scaling, and profit generation.

Live Trading Stages

The live trading stages necessitate a one-off fee of 205€ for the $100k account, or 350€ for the $250k Bootcamp account, payable after clearing the demo account stages. Leverage remains at 1:10, and reaching a 5% profit target at each stage allows growth opportunities. The profit split varies between 50% and 100% based on the stage.

Bootcamp program account scaling plan

Achieving a 6% profit target without surpassing a 5% maximum loss at each level, and finishing all three demo stages, grants access to the live trading stages.

In the live stages, traders must attain a 5% profit target without exceeding a 4% loss at each level. Success allows traders to scale their accounts and receive the relevant profit split.

Bootcamp Program Account Rules

• Profit Target: A mandated profit percentage that must be met to progress, scale, or withdraw. In demo stages, it's 6%; live trading stages require 5%.
• Maximum Loss: The cap on allowable losses. In demo stages, this is 5%; the live trading stages limit is 4%.
• Stop-Loss Requirement: Traders must designate a stop-loss for each position prior to opening a trade.
• Stop-Loss Risk per Position: A specific percentage-based stop-loss must be assigned to each trade, set at 2% for every position.

Trading within the Bootcamp program account is limited to forex pairs, gold, and silver, offering a comprehensive avenue for traders to hone their skills and achieve financial success.

Setting The5%ers Apart from Other Proprietary Trading Firms

The5%ers stand out from most top-tier firms in the industry by offering three distinct funding programs: Instant Funding, the High-Stakes Two-Step Evaluation, and the Bootcamp Challenge. Additionally, they provide flexibility with no minimum trading day constraints. Traders can retain trades over weekends and nights, trade amid news releases, and leverage indicators and Expert Advisors (EAs).

Unlike other prop firms, The5%ers have an Instant Funding Program. Level 1 of this program has a profit target of 10%, a 3% daily pause, and a 6% maximum loss limitation. Notably, traders have a whole year to complete Level 1. Unlike other leading prop firms in the sector, there are no caps on trading days in the Instant Funding Program's scaling plan.

The5%ers' High-Stakes Challenge is another differentiating factor, involving a two-step evaluation process. Traders must fulfill two phases, targeting profits of 8% and 5% respectively, with maximum daily losses of 5% and a total loss limitation of 10%. A minimum of three profitable days in each phase is necessary before becoming eligible for funding. With relatively low profit targets, this High-Stakes Challenge has its own scaling plan and sets itself apart from competitors.

Here are comparisons between The5%ers and other funding companies:

Comparison with Finotive Funding:

Comparison with E8 Funding:

Comparison with True Forex Funds:

The5%ers Bootcamp program account is yet another unique offering, presenting a low-cost entry challenge where traders can showcase their abilities. An entry fee is divided into two parts, with some paid upfront, and the remainder paid upon completion of three demo stages. These stages require achieving a 6% profit target while staying within a 5% loss limit. There is no set maximum trading period for the challenge, and stop-losses must be used for all positions, not exceeding a 2% risk of the initial balance. Successfully navigating the three demo stages paves the way to live trading stages, with profits and account scaling opportunities. A one-time fee is required to begin live trading, where a 5% profit target must be met, abiding by a 4% maximum loss limitation. This unique challenge positions The5%ers differently from other leading prop firms, catering to consistent traders seeking a long-term funding scheme.

In summation, The5%ers distinguish themselves from other top proprietary trading firms by offering versatile funding programs, unrestricted trading days, and the ability to keep trades open during various scenarios. Moreover, traders have the freedom to use indicators and EAs, underlining The5%ers' unique position in the industry.

Is securing capital from The5%ers a feasible option?

Understanding the practicality of trading requirements is vital when choosing prop firms that align with your forex trading preferences. For instance, if a firm boasts an attractive % profit split on a generously funded account but demands unrealistically high % gains each month with restricted % drawdowns, your likelihood of success dwindles to nearly nil.

Obtaining capital from the instant funding programs with The5%ers is indeed feasible, as these are direct funding initiatives allowing immediate profit-making opportunities. The initial level mandates a 10% profit target that leads to a doubling of your capital. Concerning the max loss rules, with a daily pause of 3% and a total maximum loss of 6%, it is practical to anticipate funding.

Securing capital from the high-stake challenge is also within the realm of possibility, mainly because of the relatively modest profit targets (8% in phase one, 5% in phase two) and standard loss rules (5% maximum daily and 10% total maximum loss). Additionally, the unrestricted maximum trading day duration facilitates the completion of both evaluation phases.

Getting capital through the Bootcamp funding program is realistic as well, given the requirement to pass three demo levels prior to advancing to live trading. The live stages come with an attainable 5% profit target and a 4% loss cap. You can cash out your profits upon the completion of each individual live trading stage.

Considering all these aspects, The5%ers emerges as an outstanding option for funding, offering three versatile programs with achievable trading goals and fair payout conditions.

Proof of Payments

Incorporated on April 9, 2020, The5%ers enables traders to request profit withdrawals whenever they wish, with no limits on amounts. This is accessible through the 'Profit Payout' button on their dashboard.

Their YouTube channel also showcases credible payment proof, featuring videos and interviews with traders discussing their payment experiences.

The Brokers Utilized by The5%ers

The5%ers operate differently from common broker brands, engaging directly with a commercial Liquidity Provider that offers Direct Market Access. Their activities are carried out through STP Market Execution via their broker, integrated with an ECN-Broker-Fees-Structure.

Commissions are set at $4 per lot round trip (0.4 pips), with the EUR/USD spread ranging from 0.1 to 0.5 pips. They also offer MetaTrader 5 for trading.

Trading Instruments Utilized by The5%ers

The5%ers lets its clients trade with the below instruments:

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Trading fees

Trading commission:

Spread:

To have a look at the live spreads, you can login to the trading account below:

Platform: MetaTrader 5

Server: FivePercentOnline-Real

Login Number: 2210229

Password: gdfsgdsf651

‍Download Platform: Click here

Educational Resources & Support

The5%ers host educational materials on their website under Trading Resources. This includes trading ideas, rooms, videos, courses, forex pivot points, and crucial success tips.

ForexFactory also features a thread about The5%ers, filled with insights and conversations about the firm.

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Feedback from Traders on The5%ers

Receiving high praise from reviewers, The5%ers boasts a splendid 4.8/5 score from 925 reviews on Trustpilot.

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Their professional support team ensures all inquiries and concerns are addressed promptly.

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Clients further appreciate the comprehensive educational resources that ease their trading journeys.

Social Media Presence

The5%ers are active on social media, with:

• Twitter: 3,741 followers
• Instagram: 17k followers
• Facebook: 47,600 followers
• YouTube: 12.6k subscribers (375 videos)
• Pinterest: 4.4k followers
• LinkedIn: 2,433 followers

Support Options

An FAQ page offers answers to common questions on The5%ers' website. Social media platforms and email (help@the5ers.com) are available for direct support, along with telephone numbers +1 (929) 955 5595 or +44 (20) 8068 0793. Office hours are Sunday-Thursday 7:00 to 17:00 GMT and Friday 7:00 to 12:00 GMT.

Final Thoughts

In summary, The5%ers is a reputable proprietary trading firm, providing three distinct funding programs: Instant funding, the high-stake challenge, and the Bootcamp challenge.

With transparent rules, reasonable profit targets, and loss limitations, The5%ers accommodates a wide range of traders with varying styles. Recognizing all that they offer, it's clear that The5%ers stands as a leader among prop firms.

The review of The5%ers was most recently updated on 26.07.2023 at 10:19 (CE(S)T).

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