The5ers Trader Funding and Growth Program, launched in 2016, aims to provide higher capital to full-time traders. The5ers, passionate and dedicated to the profession, is a UK registered company, headquartered in London and headquartered in Israel.
Advantages and disadvantages
Advantages
- Excellent Trustpilot rating of 4.8/5
- Three unique sponsorship programs
- Dashboard for professional traders
- A large variety of trading instruments (Forex pairs, commodities, indices, cryptocurrencies)
- Leverage up to 1:100 with high bet levels
- There are no minimum trading day requirements (Except for high stakes)
- There is no maximum trading time
- Scale expansion plan
- First payout in 14 calendar days with Bootcamp & high stakes
- Payouts every two weeks
- Profit sharing from 80% to 100%
- High-stakes monthly salary (Expansion from 350,000 USD or more)
- Overnight & weekend holding allowed
- News trading is allowed (Except for high bet levels)
- Affordable Bootcamp program
Disadvantages
- Low Leverage with Bootcamp & Super Growth
- Forced stop loss with Bootcamp
- Risk per position with Bootcamp
- First payment after 10% profit with super fast growth
- Requires minimum profitable days with high stakes
- No news Trade with high stakes
I.Thông tin quỹ
The5ers là gì?
The5ers is a proprietary trading company, legal name Five Percent Online Ltd, established on April 9, 2020. Their headquarters are located in Raanana, Israel and London, United Kingdom, under the management of CEO Gil Ben Hur.
The5ers offers traders three account types: three-step review, instant funding program and two-step review. They partner with liquidity providers to provide direct market access.
The5ers headquarters is located at 14 Haroshet St, Raanana, Israel
Who is the CEO of The5ers?
Gil Ben Hur is the founder and CEO of The5ers, a trader funding and growth company. With extensive experience in the foreign exchange industry since 2007, he is an expert in order flow and price action analysis. Gil is also a reputable trading coach and former portfolio manager.
The5ers launched in 2016, offers large capital trading opportunities and scaling plans for global forex traders.
Contact Info
Website: https://the5ers.com/
Email: help.desk@the5ers.com
Mobile : +1 (929) 955 5595
Address: Enstar House, 168, Praed Street, London, United Kingdom, W2 1RH.
II.Prop firm products
The5ers offers 3 types of accounts for Traders
– Hyper Growth account (renamed from Instant Funding account).
– High-Stacks account.
– Bootcamp account.
Below are details about each account type:
Hyper Growth Account
With a Hyper Growth account, to be funded, you need to go through a single evaluation round within the specified time.
Evaluation phase (LV1)
Hyper Growth account has 3 sizes for you to choose from: $10k, $20k, $40k.
For detailed information, see the following table:
In there
Evaluation Funding Capital:
The account balance in the LV1 evaluation round. For example, if you participate with a $20k account, in the LV1 evaluation round, you will be given a $10k account to start LV1.
When you pass the evaluation round, you will receive a $20k funded account.
Evaluation Target:
The profit target for the evaluation round is 10%.
Stop Out Level (6%):
The account drawdown limit is 6%, calculated based on the current balance.
For example, with a $10,000 account:
$10,000 – $10,000 * 6% = $9,400.
In any case, you are not allowed to let the account equity drop below $9,400, otherwise, it will result in a violation and the account will be terminated.
Daily Pause (3%):
The daily trading stop limit is 3%, calculated based on the beginning-of-day balance.
For example, at the beginning of the trading day, the account has a balance of $10,000.
$10,000 – $10,000 * 3% = $9,700.
When hitting the daily trading stop limit of $9,700, your account will not be terminated but will lead to trading being disabled for the rest of the day. It will reopen at the start of the new day at 00:00 GMT +3 or 4:00 AM Vietnam time.
Profit Split:
Profit sharing can be up to 100% when you reach higher levels.
Time limit (Unlimited):
No time limit.
Leverage (1:30):
Leverage is 1:30.
One Time Fee:
A one-time non-refundable fee, even if you complete the LV1 evaluation round.
Summary:
In the LV1 evaluation stage, you need to achieve a 10% profit to move to the funded stage, and you get to keep 50% of the profit target at this stage.
Note:
The5ers does not require a specific number of trading days in the LV1 evaluation stage.
Funded Stage (from LV2 onwards):
After passing the LV1 evaluation stage, you will move to the funded stage.
In LV2, your capital is doubled compared to LV1, and the profit share increases from 50% to 75%.
You need to note two important rules:
- Daily trading stop limit is 3%.
- Account drawdown limit is 6%.
The calculation is similar to the evaluation stage.
There are no time limits or profit targets in the funded stage.
If you want to move to a new level to increase capital and profit share, you need to achieve an accumulated profit of 10%.
How is The5ers different from other support companies?
Hyper Growth's account The5ers
Example of comparison between The5ers & Funded Trading Plus
Example of comparison between The5ers & City Traders Imperium
Withdrawal policy
You are allowed to make your first withdrawal 14 days after receiving your funding account.
Subsequent withdrawals after 2 weeks.
Withdrawal method
The5ers pays profits to Traders via:
- Bank Transfer(Wise)
- Crypto (USDT, USDC, ETH, LTC).
Note: Withdrawal method applies to all accounts.
Capital expansion policy
Here is the scaling process of the account sizes:
10k funding account
In general, to move to a higher LV, you only need to achieve a profit of 10%.
Different rules apply to Hyper Growth accounts
– Allowed to trade overnight and weekly.
– News trading is allowed.
– MT5 trading platform.
– For Hyper Growth account, each Trader is only allowed to have a maximum capital of $40k.
This means, you can have: 04 Hyper Growth 10k accounts or 02 Hyper Growth 20k accounts or 01 Hyper Growth 40k account.
– LV1 evaluation phase is completed when sufficient profit is achieved.
2.High Staking Account
To receive a funding account you need to pass 2 rounds of challenges.
There are 4 account sizes to choose from
5k funding account
Evaluation phase
The evaluation period consists of 2 rounds, similar to the FTMO fund account
Round 1
– Profit target is 8%.
– The minimum number of profitable trading days is 3 days.
– Unlimited time.
– Daily decline limit is 5%.
– Account decline limit is 10%.
Round 2
– Profit target is 5%.
– The minimum number of profitable trading days is 3 days.
– Unlimited time.
– Daily decline limit is 5%.
– Account decline limit is 10%.
Note: The start of a trading day is calculated at 00:00 (UTC+3) or 4:00 am Vietnam time.
The account decrease limit is 10% calculated based on the initial capital.
$100,000 – $100,000*10% = $90,000.
Under no circumstances should you allow your account Equity to drop below $90,000, otherwise it will result in a violation.
How is The5ers different from other support companies?
High Stake's account The5ers
Example of comparison between The5ers & E8 Funding
Funding phase
Once you get through the evaluation phase, you'll move on to the funding phase.
At this stage there will be no profit target requirement or time limit, the amount of profit you achieve will be divided.
The starting ratio is 80% and gradually increases up to 100%.
The 2 trading rules you need to pay attention to are:
– Daily decline limit of 5%.
– Account decline limit is 10%.
The calculation of these declines is similar to that of the assessment period.
Withdrawal policy
You are allowed to make your first withdrawal 14 days after receiving your funding account.
The next time after 2 weeks.
Capital expansion policy with High-Stakes account
For every 10% profit generated on the funded account, the account balance and profit sharing will be increased according to the table below:
Other rules apply to High-Stakes accounts
– Leverage is 1:100.
– Allowed to hold transactions overnight or weekly.
– MT5 trading platform.
– Each Trader is allowed to have a maximum of 2 specific High-Stakes accounts: 1 $5k size account and 1 larger size account. In other words, you can have a maximum of 1 $5k account and 1 $100,000 account to achieve the largest capital.
– Accounts inactive for more than 21 consecutive days will be closed, the timer will be active when you receive the account.
The news with a strong impact is the news with the 3 cows symbol, you can see it here
– News trading: You are not allowed to make new trades before and after 2 minutes of high-impact news release.
Note: You are allowed to keep previously opened trades past the time of the news release, if the trade hits SL or TP and the trade is consistent with your usual trading style then it is not a problem.
On the other hand, if The5ers discovers that any Trader is taking high risks with high-impact news and has an inconsistent trading style compared to before, The5ers' risk management team may terminate the account.
If Trader continues to violate, he will be removed from the program and may be refused service in the future.
In short:
If you are a normal trader, pay attention to risk management, execute your plans like your personal account, then you have nothing to worry about.
If you consider The5ers account as a way to get rich quickly, you need to reconsider because The5ers will terminate your account due to reckless trading behavior.
Bootcamp account
There are 3 Bootcamp account sizes for you to choose from: 20k, 100k and 250k. For details, see the table below:
20k funding account
Funding account 250k
The program consists of two phases
Evaluation phase
During the evaluation phase you need to pass 3 rounds of challenges, each round you will be given an account with a different amount of capital with the following requirements:
– Profit target is 6%.
– Account decline limit is 5%.
– Account leverage is 1:10.
– No minimum trading days required.
In there:
The account decline limit is calculated as a Hyper Growth account.
Note: The maximum time to complete all 3 challenges above is 12 months.
Bootcamp's account The5ers
Comparison example between The5ers & E8 Funding
Funding phase
Once you pass the evaluation stage you need to pay a fee to get your funding account.
The funding account has the following characteristics:
– Account growth to expand capital is 5%.
– Account decline limit is 4%.
– Account leverage is 1:10.
The funding account expansion process is illustrated by the following table:
Different rules apply to Bootcamp accounts
– All trading orders must have a stop loss, the stop loss needs to be placed within 3 minutes when you open the transaction.
– Maximum risk per trade is 2% of account.
– Opening a trade without placing an SL or risking more than 2% of the account balance, will be considered a violation.
– Any account with 5 violations will be automatically terminated.
– Account leverage is 1:10.
– Allowed to hold transactions overnight, weekly, news transactions.
– You are allowed to use EA for trading, but you are not allowed to trade Martingale.
– Accounts with no activity for more than 21 days will be closed.
– The maximum number of active accounts per trader is 3 (02 Bootcamp 100k accounts and 01 Bootcamp 250k account). Each account must have a different trading method.
– When losing 3% in 1 day the account will be paused, this only applies to funding accounts, you can continue trading the next day.
– You can withdraw your money for the first time 14 days after receiving your funding account, and subsequent times after 2 weeks.
– The 14-day billing cycle will reset every time the account is expanded.
5. Proof of payment (payouts)
You can see examples of Payment Certificate and Proof of Payment in the images below
III.Frequently asked questions
What documents do I need for KYC?
After completing the evaluation, you need to perform KYC. The5ers requires the following documents:
- Identity verification: Passport, National ID, or Driver's License.
- Address verification: Utility bill (electricity, water, internet) or Bank Statement (with address).
What is the inactivity period?
The5ers allows all accounts to be inactive for a maximum of 21 days.
The timer starts from the moment you receive the account or the last time you opened or closed a trade.
Am I required to set a stop loss (SL)?
For the Bootcamp account, you are required to set a stop loss.
For the Hyper-Growth and High-Stakes accounts, setting a stop loss is not mandatory.
How many accounts can I have simultaneously?
You can have:
- 03 Hyper-Growth accounts – as long as the total capital of the 3 accounts is $40k.
- 03 Bootcamp accounts – to have maximum capital, you can have 1 account of $250k and 2 accounts of $100k.
- 02 High-Stakes accounts – to have maximum capital, you can have 1 account of $5k and 1 account of $100k.
Am I allowed to trade Hedging?
Yes, you can trade Hedging within the same account.
Can I use Indicators and EAs?
Yes, you are allowed to use them.
Can I use VPS/VPN?
Yes, you can use them as long as you are the only one managing your account.
Can I copy trades?
You can copy trades from a Hyper Growth account to a High-Stakes account and vice versa.
Additionally, you can copy trades from accounts funded by other companies or from personal accounts to Hyper Growth and High-Stakes accounts as long as all these accounts are owned and traded by you.
If you have 1 Hyper Growth account, 1 High-Stakes account, and 1 Bootcamp account, you can copy trades across these three accounts.
You are not allowed to copy trades from one Bootcamp account to another Bootcamp account.
Note: All copied accounts must be yours.
How does The5ers pay out profits?
The5ers allows withdrawals via:
- Bank Transfer (Wise)
- Crypto (USDT, USDC, ETH, LTC).
Additionally, you can use the profits to purchase a new account by withdrawing profits through Hub Credits.
What payment methods can I use to pay the fees to The5ers?
You can pay using:
- Credit/Debit Card
- Crypto (BTC, ETH, USDT, etc.)
Which broker does The5ers use?
As for the trading platform, when you work with The5ers , they allow you to trade on MetaTrader 5
Which products am I allowed to trade?
Transaction fees
Reviews on Trustpilot
On Trustpilot , The5ers There are a lot of comments and provide positive feedback about the company's services. The company achieved an impressive rating of 4.8/5 from a large group of 4,555 reviews. Notably, 91% of these reviews awarded The5ers the highest rating of 5 stars
Social media statistics
The5ers can also be found on many social media platforms
IV.Account registration process
Choose your payment method – Choose between credit/debit card and cryptocurrency payment method
Get login information – Look for an email with a greeting from The5ers, where you can access the login information for your newly acquired trading account
Conclude
In short, The5ers is a reputable and trustworthy exclusive trading company that offers three different sponsorship programs:
Bootcamp Challenge:
- Process: Complete three stages with a profit target of 6% each and follow the 5% maximum loss rule. Once funded, the daily loss rule is 3% and the maximum is 4%.
- Time limits: There is no minimum or maximum trading day requirement.
- Profit sharing: Profit sharing from 50% to 100%.
- Benefits: Scale expansion plan, increase initial account balance.
Hyper Growth Challenge:
- Process: Trade immediately without evaluation, with an initial profit target of 10% and a daily loss rule of 3%, with a maximum of 6%.
- Time limits: There is no minimum or maximum trading day requirement.
- Profit sharing: Profit sharing from 50% to 100%.
- Benefits: Scale expansion plan, increase initial account balance.
High Stake Challenge:
- Process: Complete two stages with a profit target of 8% in stage one and 5% in stage two, subject to a maximum loss rule of 5% daily and 10% total.
- Time Limit: Requires a minimum of 3 profitable trading days per period and there is no limit on maximum trading days.
- Profit sharing: Profit sharing from 50% to 100%.
- Benefits: Scale expansion plan, increase initial account balance.
The5ers is one of the industry's leading support companies, providing exceptional trading conditions to traders worldwide.
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What is your personal opinion about The5ers and the services they provide? Do they suit the trading conditions and services you are looking for?
CONTACT US
If you have any questions or concerns, please contact us via the following information:
- Email address: tradequyofficial@gmail.com
- Điện thoại: +84925.012.777 - +8429.9999.3333
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