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USE CODE: RISKTAKER
The5ers
Here’s everything you need to know about The5ers: how their funding works, how payouts are structured, and how our code RISKTAKER helps you get funded for less.
Max Funding
$ 0
Profit Split
0 %
Commissions Per Lot
$ 100
Cheapest Challenge
$ 0
Firm Information

Registered Country: 

Israel

CEO: 

Saul Lokier

Website: 

the5ers.com

Trust Pilot Rating:

4.8
Firm Overview

Broker:

Liquidity Provider

Trading Platforms:

MetaTrader 5, cTrader

Payment Methods:

Credit / Debit Card, Apple Pay, Google Pay, Crypto, PayPal, Bank Transfer

Payout Methods:

Bank Transfer, Crypto, RiseWorks
Frequently Asked Questions

Consistency Rules

  • None

Trading Restrictions

  • One-sided bets: Taking consistent positions in a single direction without considering market conditions.
  • Exploitation of price discrepancies (arbitrage): Taking advantage of pricing differences between markets or platforms.
  • Trading bracket strategies: Placing pending orders around high-impact news events to exploit volatility.
  • Exploiting system errors: Using price display inaccuracies or update delays for unfair advantage.

News Trading

  • Hyper-Growth and Bootcamp: Allowed except for bracket strategies around news.
  • High Stakes: Executing orders 2 minutes before until 2 minutes after high-impact news is prohibited.

Stop Loss

  • Bootcamp Rules:
  • A stop-loss is mandatory for all positions and orders and must be set within 3 minutes of placement.
  • Stop-loss (SL) is required for all positions and orders.
  • SL must not risk more than 2% of the account balance per position.
  • 3% daily pause (“soft breach”) applies during the funded stage.
  • Opening a position without an SL order, or risking more than 2% of the account balance in a single position, will be considered a risk violation.
  • 5 risk violations will lead to automatic account termination.

Weekend Holding

  • Yes, at The5ers, holding positions over the weekend is generally allowed, but there are some important considerations:
  • Weekend Holding: Holding open trades over the weekend is permitted across most programs.
  • Indices: Holding indices over the weekend is allowed but carries a very high swap cost, so be cautious with these positions.

Drawdown

  • The drawdown in The5ers trading programs is calculated as the maximum allowable loss from your account’s equity or balance before the account is closed. Here’s how it works:
  • Maximum Drawdown: Set as a percentage of your initial account balance (e.g., 5%, 6%, or 10% depending on the program).
  • Account Closure: If your account equity falls below this drawdown level, all trades will be closed, and trading access will be disabled.
  • Scaling Drawdown: The drawdown limit increases as your account grows because it is calculated based on the highest equity your account has reached. Example: If your initial balance is $10,000 with a 6% drawdown ($600), the account will close if equity drops below $9,400. If your equity grows to $10,300, the drawdown limit increases to $900.
  • Static Drawdown: The drawdown limit stays fixed based on the initial balance and does not move with account growth.
  • Daily Drawdown: Some programs may also apply a daily drawdown rule, limiting losses based on the previous day’s closing equity or balance.

Time Limits

  • There are no time limits for trading or evaluation periods at The5ers.
  • Traders may take all the time they need to pass the challenge or evaluation.

Minimum Trading Days

  • High Stakes Program:
  • Requires a minimum of 3 profitable days.
  • A profitable day is a day where closed positions generate at least 0.5% of the initial balance.

Lot size / Margin Rules

  • At The5ers, the lot size limits and margin rules are governed by the specific program you are enrolled in and the risk management guidelines set by the firm. Here are the key points:
  • Leverage: The Fund applies specific leverage settings to your trading account as described on the program’s page. You are allowed to use the full margin available according to the official leverage published for your program.
  • Lot Size Limits: While exact lot size limits can vary depending on the program and account size, you must always comply with the risk parameters set by The5ers.

Copy Trading

  • Allowed for High Stakes and Hyper-Growth: With limitations.
  • Once a trader has more than $500K under management, taking the same trades across accounts is no longer possible.
  • Copy trading from an external account is allowed only if the account belongs to the same trader.
  • Third-party copy trading is not allowed.
  • Copy trading is not allowed between two Bootcamp accounts.

Expert Advisors (EA)

  • Allowed: As long as they comply with the terms and conditions.
  • The EA must set a Stop Loss (SL) order on every position.
  • The EA must not:
    • Copy trades from other persons’ signals.
    • Perform tick scalping.
    • Perform latency arbitrage trading.
    • Perform reverse arbitrage trading.
    • Perform hedge arbitrage trading.
    • Use emulators.
  • Any accounts found using EAs that violate these rules will be canceled, banned, and not refunded.
  • This applies to all programs, including Bootcamp and Instant Funding (Hyper Growth).

Inactivity Rule

  • Inactivity Rule: Accounts without new orders for more than 30 consecutive calendar days will expire.

Martingale

  • The Martingale strategy is not allowed at The5ers.

Profit Split

  • Bootcamp and Hyper-Growth Programs:
  • Traders start with a 50% profit split, but they can quickly grow that to 75% by the next stage in the scale-up plan.
  • Traders can scale up the profit split to 100%.
  • High Stakes Program:
  • Traders start with an 80% profit split and can also scale that up to 100%.

Minimum Payout

  • The minimum payout amount at The5ers is $150, after the profit split has been applied.

Maximum Payout

  • The5ers does not specify a fixed maximum payout amount for traders. However, there are monthly fixed payouts available for High Stakes traders once their account balance reaches certain milestones:
  • At $350,000 account balance, you become eligible for a monthly fixed payout of $4,000.
  • At $500,000 account balance, you become eligible for a monthly fixed payout of $10,000.
  • Additionally, traders can scale their accounts up to $500,000 with increasing profit splits and payouts according to the scaling plan.

Payout Policy

  • Traders have the possibility to withdraw their profits on a bi-weekly basis.
  • The minimum amount eligible for withdrawal is $150, after the profit split has been applied.

Make sure to stay up to date with all current prop firm rules and guidelines.

Restricted Countries
🇦🇫 Afghanistan, 🇧🇮 Burundi, 🇨🇫 Central African Republic, 🇨🇩 Democratic Republic of the Congo, 🇨🇺 Cuba, 🇺🇦 Crimea / Donetsk / Luhansk, 🇪🇷 Eritrea, 🇬🇳 Guinea, 🇬🇼 Guinea-Bissau, 🇮🇷 Iran, 🇮🇶 Iraq, 🇮🇱 Israel, 🇱🇧 Lebanon, 🇱🇷 Liberia, 🇱🇾 Libya, 🇲🇲 Myanmar (Burma), 🇰🇵 North Korea, 🇵🇸 Palestine / Gaza Strip, 🇵🇬 Papua New Guinea, 🇸🇴 Somalia, 🇸🇸 South Sudan, 🇸🇩 Sudan, 🇸🇾 Syria, 🇻🇺 Vanuatu, 🇻🇪 Venezuela, 🇾🇪 Yemen
Available Challenge Options
Account Name Account Size Account Type Challenge Fee Profit Target Max Drawdown Daily Loss Limit Action
High Stakes $5,000 Challenge $35.10 ($39) 8% / 5% 10% 5% Buy Now
Hyper Growth $5,000 Challenge $234 ($260) 10% 6% 3% Buy Now
High Stakes $10,000 Challenge $70.20 ($78) 8% / 5% 10% 5% Buy Now
Hyper Growth $10,000 Challenge $405 ($450) 10% 6% 3% Buy Now
High Stakes $20,000 Challenge $148.50 ($165) 8% / 5% 10% 5% Buy Now
Hyper Growth $20,000 Challenge $765 ($850) 10% 6% 3% Buy Now
Bootcamp $25,000 Challenge $85.50 ($95) 6% / 6% / 6% 5% 3% Buy Now
High Stakes $60,000 Challenge $296.10 ($329) 8% / 5% 10% 5% Buy Now
Bootcamp $100,000 Challenge $202.50 ($225) 5% / 6% / 5% 5% 3% Buy Now
High Stakes $100,000 Challenge $489.60 ($544) 8% / 5% 10% 5% Buy Now

Use code RISKTAKER for the best discount.