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The5ers


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Overview of The 5ers Prop Firm

TheTrustedProp
Date: May 10, 2024

In the fast-paced world of forex trading, having access to the right resources and opportunities can make all the difference. One company that understands this well is The 5ers, also known as FIVE PERCENT ONLINE LTD. Led by CEO Saul Lokier, this Israeli-based company has been making waves since its inception in 2016. In this article, we'll delve into the details of The 5ers and their unique approach to funding traders.

Company Details

Name: The 5ers Legal Name: FIVE PERCENT ONLINE LTD. CEO: Saul Lokier Founded: 2016 Location: Ra'anana, HaMerkaz, Israel

Challenge Programs

The 5ers offer three distinct funding programs designed to cater to a variety of trading styles and skill levels.

Hyper Growth Program

  • Evaluation Target: 10%
  • Stop Out Level: 6%
  • Daily Pause: 3%
  • Profit Split: up to 100%
  • Time Limit: Unlimited
  • Leverage: 1:30

Account Sizes

  • $5000
  • $10000
  • $20000
  • $40000

High Stakes Program

Step 1:

  • Max Trading Period: Unlimited
  • Minimum Profitable Days: 3
  • Maximum Daily Loss: 5%
  • Maximum Loss: 10%
  • Profit Target: 8%
  • Profit Share: $95 reward

Step 2:

  • Max Trading Period: Unlimited
  • Minimum Profitable Days: 3
  • Maximum Daily Loss: 5%
  • Maximum Loss: 10%
  • Profit Target: 5%
  • Profit Share: None

High Stakes Trader:

  • Max Trading Period: Indefinite
  • Minimum Profitable Days: 3
  • Maximum Daily Loss: 5%
  • Maximum Loss: 10%
  • Profit Target: 10% for growth
  • Profit Share: 80%-100%

Account Sizes

  • $5000
  • $20000
  • $60000
  • $100000

Bootcamp Program

The Bootcamp program is a unique offering designed to test the consistency and discipline of skilled traders. To qualify for a trading seat, traders must complete 3 challenge phases on a demo account. These challenges aim to evaluate consistency and profitability. Once completed, traders can start trading on a live funded account with a profit split.

  • Leverage: 1:10
  • No minimum days or trades requirements
  • Maximum time to complete the 3 stages: Unlimited
  • Account expiration: After 14 days of inactivity

Challenge 1:

  • Starting Balance: $25000
  • Maximum Loss: (5%) $1250
  • Profit Target: (6%) $1500
  • Bonus: $5 Hub Credit

Challenge 2:

  • Starting Balance: $50000
  • Maximum Loss: (5%) $2500
  • Profit Target: (6%) $3000
  • Bonus: No bonus

Challenge 3:

  • Starting Balance: $75000
  • Maximum Loss: (5%) $3750
  • Profit Target: (6%) $4000
  • Bonus: No bonus

Better Funding for Traders

What sets The 5ers apart is their commitment to providing traders with opportunities and benefits that cannot be matched elsewhere. They offer frequent payouts and simultaneous growth, allowing traders to get paid for profits with a click of a button. The company even doubles the funded trading account size with every milestone achieved, and profit payouts are not deducted from the balance to achieve these milestones.

Exceptional Trading Conditions

The 5ers offer exceptional trading conditions, including overnight and weekend holding for forex and metals. News trading and algo trading are allowed, making it a flexible platform for traders. With low commissions, tight variable spreads, and the use of Metatrader 5, traders can expect high-quality market execution and access to external performance statistics.

Traders Community

Joining The 5ers means gaining access to a community of successful traders. This community allows traders to share ideas and feedback, fostering a collaborative environment that can enhance trading strategies.

All Trading Systems Are Welcome

One of the key advantages of The 5ers' funded trader program is that it welcomes all trading styles. Whether you're a swinger, scalper, or employ any other strategy, you'll find a place here.

Fastest Growth Plan

The 5ers offer a unique opportunity for traders to double their account size with every milestone, up to $4 million, all while getting paid on every profitable month. There's no time pressure, and the program is designed with clear and simplified trading objectives.

One Time Fee and Lowest Participation Cost

Traders will appreciate the transparency of The 5ers' fee structure. There are no subscription fees, hidden costs, or recurring expenses.

Trading Resources

The 5ers provide unlimited access to daily trading rooms, education, webinars, and professional traders to boost your trading knowledge and skills.

Exceptional Support

The company is dedicated to its traders' success, offering support via telephone, live chat, email, or form submission.

The 5ers Trading Experience

With features like daily live trading rooms, trading performance statistics, free webinars, real-time trading notifications, risk management, and trading plan education, The 5ers aim to provide a comprehensive trading experience.

The Trading Platform

The 5ers use the MetaTrader 5 Platform (MT5), designed by MetaQuotes. This advanced platform offers many advantages compared to the older MT4 platform, ensuring a smooth trading experience for traders.

Indicators and Expert Advisors

Traders using The 5ers' platform can use their own tools and techniques, including trading scripts, indicators, and expert advisors, as long as they adhere to certain guidelines to maintain a fair and transparent trading environment.

Holding Positions and News Trading

Traders at The 5ers have the flexibility to hold positions overnight and over the weekend. The company encourages diverse trading styles and personalities.

Time Expiration

While there is no set time limit for completing challenges, The 5ers expect traders to remain active. Inactive accounts for more than 14 days will expire.

Inclusivity

The 5ers welcome traders of all nationalities, with no ethnic or cultural barriers. If you're over 18 years old and passionate about forex trading, The 5ers could be the right fit for you.

In conclusion, The 5ers offer a unique and comprehensive funding program for forex traders. With a variety of challenge programs, exceptional trading conditions, a supportive community, and transparent fee structures, they empower traders to reach their full potential. If you're looking to take your forex trading to the next level, consider joining The 5ers.

Get started today and discover the opportunities that The 5ers can offer to help you succeed in the world of forex trading.

FAQs

To apply, visit their website and follow the application process outlined there.

The maximum account size can reach up to $4 million as you achieve milestones.

Yes, you can use your own tools and techniques as long as they comply with the company's guidelines.

There is no set time limit, but inactive accounts for more than 14 days will expire.

Yes, The 5ers welcome traders of all nationalities, promoting diversity and inclusivity in their program.

PropFirm
The5ers


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