The5%ers Forex prop firm review

The5%ers prop firm offers funded challenges targeting traders at all levels of experience. There are both high-stakes and low-budget prop challenges, which are attractive at a glance. Prop traders can achieve up to 4 million USD in funding, have unlimited time on all programs, use low spreads from 0 pips, and withdraw profits while scaling simultaneously. Traders can access funded options ranging from 5k to 250k dollars and fees start from just 39 dollars.

In today’s The5%ers review, we will assess the firm’s important features such as safety, funded options, rules, assets, pricing, platforms, support, and more. After reading this review, you will have an unbiased opinion about The5%ers prop trading firm.

Overall

The5%ers prop trading firm is a reliable and legit firm that has experience, positive reviews, and is backed by regulated brokers. The firm has positive online reviews, funded options range from 5k to 250k USD, and the smallest starts from 39 dollars on 5k funded accounts. The leverage is up to 1:100. Allowed assets include Forex pairs, indices, commodities, stocks, and cryptos. All these assets are available for trading on an advanced MetaTrader 5 (MT5) trading platform. There is a wide range of funded options available, appealing to both beginners and seasoned traders. The5%ers offers diverse educational resources and multilingual support options. There is a beginner funded challenge, Bootcamp, that allows traders to pass the evaluation and only then pay fees.

Pros & cons of The5%ers prop firm

Pros

• ✅ Offers a wide range of funded challenges, including low-cost options like Bootcamp
• ✅ Bootcamp allows traders to pay fees after passing evaluations
• ✅ Provides excellent educational resources, including webinars and tools
• ✅ A high-scaling plan of up to 4 million USD
• ✅ Positive feedback and regulated broker backing

Cons

• 🚫 Free trial is not available
• 🚫 Stock trading challenges have lower leverage levels

Safety of The5%ers

The5%ers reviews are lacking on the FPA, but the firm has very positive feedback on Trustpilot, indicating traders have a good experience with the firm’s challenges. From 7,000 reviews, The5%ers has a 4.9 score, which is one of the highest among prop firms reviewed on Trustpilot. All trading services are backed by regulated brokers and The5%ers does not act as a broker, which eliminates conflicts of interest and price manipulation risks.

The firm has been around since 2019, making The5%ers very experienced in its field, which is also reflected in trader reviews. Overall, The5%ers seems a very reliable and trustworthy firm that has amassed a plethora of positive trader reviews and is experienced in the prop trading industry.

The5%ers Funding and maximum capital allocation

The5%ers funded programs are diverse and include Bootcamp, High Stakes, hyper Growth, and Stock trading challenges.

• The5%ers Bootcamp prop challenge is a 3-step funded challenge that is the cheapest and allows traders to pay the fee upon passing the evaluation. However, traders need to hit profit targets three times. This account is designed for beginners and is an entry-level low-cost option.
• The5%ers Hyper Growth program is an instant funded account that allows traders to access the funded trading platform immediately without any challenge or evaluation. This account is for experienced traders who have developed and tested viable trading strategies and can start trading for profits right away. This account allows for aggressive scaling of up to 4 million dollars in funding.

• The5%ers funding High Stakes Challenge is a 2-step funded account with funding options from 5k to 100k USD. The profit target decreases for phase two from 8% to 5%and trailers need to hit a 10% profit target after getting funded to be eligible for the scaling plan.
• The Stock Trading The5%ers challenge allows traders to speculate on stocks using funded accounts. This is an especially attractive offer as many prop firms specialize in either stocks or FX assets. This account allows traders to access funded live stock trading accounts and trade Stocks, ETFs, & Penny Stocks. Generally, stock trading requires more capital than Forex trading and this offering is super attractive as The5%ers is a reliable firm that can be trusted. There are 20k and 80k buying power funded accounts. The5%ers 20k limited account traders should only hit 1350 dollars of profit target while normal 20k accounts require 1,800 USD.

The The5%ers scaling plan allows traders to further grow their account sizes and depending on the funded account type it can reach up to 4 million dollars which is impressive. It allows traders to start low and gradually increase their funding size as their skills improve.

The5%ers Assets

The5%ers prop trading assets include Forex, indices, commodities, cryptos, and stocks. To access stocks, traders have to sign up for a dedicated prop funded challenge account. In the Bootcamp funded challenge, the maximum allowed leverage is up to 1:10, for High Stakes accounts it is 1:100, and for Hyper Growth it is limited to 1:30. Other instruments such as indices, commodities, cryptos, and stocks have lower leverage when compared to Forex pairs. All these assets are available on the MT5 platform, including stock trading.

The5%ers Trading rules and limitations

The5%ers rules are slightly different depending on the funded challenge selected. Traders can purchase add-ons to make rules more effortless.

The5%ers Bootcamp funded challenge has the following rules:

• Profit target – 6% (phase 1), 6% (phase 2), 6% (phase 3), 5% (funded)
• Daily loss limit – none (during evaluation), 3% (funded)
• Maximum drawdown – 5%, 5%, 5%, 4%
• Minimum trading days – No limits
• Time limits – None

The5%ers Hyper Growth challenge rules:

• Profit target – 10%
• Daily loss limit – 3%
• Maximum drawdown – 6%
• Minimum trading days – No limits
• Time limits – None

The5%ers High Stakes challenge rules:

• Profit target – 8%
• Daily loss limit – 5%
• Maximum drawdown – 10%
• Minimum trading days – 3
• Time limits – No limits

The5%ers Stock Trading challenge rules:

• Profit target – From 1,350 USD
• Daily loss limit – From 300 USD
• Maximum drawdown – From 900 USD
• Minimum trading days – 14
• Time limits – 45 days

The5%ers allows EAs but prohibits copy trading, tick scalping, and several other unethical trading methods.

Overall, The5%ers offers competitive and industry-average rules with a profit target of up to 10%, daily risk limits mostly at 5%, and around 10% maximum drawdown. These rules vary depending on the funded challenge the trader signs up for.

The5%ers Fees

The5%ers fees are very competitive and among the cheapest. The firm has a unique offering for Bootcamp accounts, traders can get funded, and they pay fees which is almost unheard of in the prop trading industry. The Bootcamp challenges start from 95 USD, Hyper Growth from 260 dollars, and the High Stakes from 39 dollars.

The The5%ers Bootcamp funded challenge requires traders to start from the lowest of the 5k challenge, where the trader has to rewatch the profit target. After reaching the profit target, they progress to phase 2 when they trade on a 10k account. After they pass the challenge, they get a 20k USD funded account. Here are the exact fees for Bootcamp funded options:

• Starting funded amount: 20k USD – Fee: from 95 USD
• 100k USD – From 95 USD
• 250k USD – From 225 USD

The The5%ers Hyper Growth funded challenge has the following fees:

• Funded amount: 10k USD – one-time fee: 260 USD
• 20k USD – 450 USD
• 40k USD – 850 USD

The The5%ers High Stakes challenge requires the following fees:

• Funded amount: 5k USD – one-time fee: 39 USD
• 20k USD – 165 USD
• 60k USD – 300 USD
• 100k USD – 495 USD

The Stocks Trading buying powers by The5%ers require the following one-time fees:

• Buying power: 20k USD limited edition – one-time fee: 97 USD
• 20k USD standard – 97 USD
• 80k USD – 300 USD

As we can see, the pricing from The5%ers is super competitive, starting from 39 dollars. The 20k buying power is accessible for a mere 97 dollars, which is a very attractive offering. Often, stock traders might need 20k and beyond trading capital to reasonably make profits, as stock trading typically has much lower leverage. The5%ers offer this opportunity for just 97 bucks.

The5%ers free trial is not offered at the moment, and the The5%ers free repeat is not available either. However, the firm has a refund policy and traders get back their one-time fees after passing the evaluation challenge.

The5%ers Platforms

The5%ers allows access to the advanced trading platform, MetaTrader 5 (MT5). This platform allows traders to employ EAs and custom indicators and the firm allows automated trading which is advantageous.

The5%ers Profit-Sharing

The5%ers profit split starts from 50% and reaches up to 75% on the Hyper Growth funded challenge. For every 5% profit achieved, the profit share is increased by 5% and eventually reaches a 100% mark.

Withdrawals are processed within 24 hours, which is beneficial for traders who want to get profits fast. The minimum withdrawal is around 150 USD for the High Stakes challenge. Payments below 1500 USD are processed via direct crypto transfers and higher withdrawals are paid using Rise.

Education and trading tools at The5%ers

The firm offers webinars and lectures to teach beginners financial trading essentials. This is very beneficial for beginners who want to learn how to trade on funded accounts. There are also tools in the trader dashboard, further helping traders to measure their performance. Overall, The5%ers offers comprehensive educational resources.

Customer Support at The5%ers

When it comes to customer support, The5%ers offers responsive live chat and email support options. The firm is located in Israel, which it fully discloses. This is a green flag as the firm is not hiding anything. Both the support and website are available in English and Spanish languages.

Frequently Asked Questions on The5%ers