The5ers is a prop trading firm that is offering prop traders access to the company’s capital. The company was founded by two former professional and successful Forex traders, The5ers Review will reveal some important things traders need to know about the 5ers prop firm.
We are going to look at how the firm gained a reputation as one of the biggest prop firms in the industry. With programs that cater to a variety of trading styles, including more aggressive strategies, The5ers has become a game changer for traders who want to increase their capital and gain experience.
Who Are The 5ers?
The 5ers is a proprietary trading firm that was founded in the year 2016. It is based in Israel and provides traders with an opportunity to earn a share of the profits they generate through trading. The firm is also known for its innovative approach to proprietary trading and as well as its unique business model.
The5ers was founded by Gil Ben Hur, a veteran trader who has over 20 years of experience in the financial markets. Ben Hur saw a need for a new kind of proprietary trading firm that would provide traders with more flexibility and control over their trading activities. He wanted to create a firm that would be more transparent and fair than traditional proprietary trading firms.
The 5ers offers traders the opportunity to trade with the firm’s capital by charging a small subscription fee, which means that traders do not need to risk their own money. The firm provides traders with a funded trading account and a set of trading rules that must be followed. Traders are then able to keep a certain percentage of the profits they generate through trading.
Additionally, the 5 ers is unique in that it offers traders a clear path to becoming fully-funded traders. Traders can start with a small account and are able to progress to larger accounts as they demonstrate their trading skills. The firm also offers traders a range of benefits, which include no minimum trading days, access to a community of traders, educational resources, and support from experienced traders.
Its transparent and fair approach to proprietary trading has made it a popular choice among traders who are looking for a new kind of trading experience. Visit the5ers website to learn moreabout their offers.
Is The5ers Legit and Trusted?
Yes, the 5 ers is a legitimate and trusted firm that has been in operation since 2016. The company has a good reputation in the trading industry and has also received positive reviews from many customers.
The 5ers is a regulated firm and it operates under the laws and regulations of the International Financial Services Commission (IFSC) of Belize. The firm is required to maintain certain standards and adhere to strict rules and regulations to ensure the safety and security of its customers’ funds.
The 5 ers uses a reputable broker partner, this is an important factor in determining the legitimacy and trustworthiness of a trading firm. The broker used by 5ers is LMFX, and is a well-known and respected broker in the industry. LMFX is regulated by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines.
More importantly, The 5ers have a transparent and straightforward fee structure, which is another indication of its legitimacy and trustworthiness. The firm charges a participation fee, which varies depending on the size of the funded account, and a commission fee on profits earned by traders.
Types of The 5ers Program
The 5ers Prop Firm offers three types of programs that traders can choose from, the programs are as follows:
- The 5 ers Hyper Growth Program
- The 5 ers High-Stakes Challenge
- The 5 ers Bootcamp program
The 5ers Hyper Growth Program
The 5ers Hyper Growth Program formerly known as Instant Funding, is designed for traders who want to get instant funding so as to start trading, and grow their trading accounts up to $4,000,000 while also earning profits. It is a unique career-enhancing program that provides traders with the opportunity to boost their capital levels and earn profits. The program is open to traders from all over the world, and anyone can join without any previous qualifications.
Traders that subscribe to the Hyper Growth Program start with a $10,000 trading account at the cost of $260, and they can earn up to 100% of the profits they generate. The program also offers a hyper-growth plan that allows traders to increase their account size up to $4,000,000. The Hyper Growth Program is suitable for traders who want to build a long-term career in trading and want to earn a competitive salary while doing what they love.
The 5ers High-Stakes Challenge (Evaluation Program)
The 5ers High-Stakes Challenge which was formerly known as the Evaluation Program is designed for traders who want to prove their trading skills by taking the challenge process and becoming funded traders. The program is open to traders from all over the world, most especially experienced traders who want to take high risks and get high rewards.
Traders in the High-Stakes Challenge (Evaluation Program) start with a demo account of at least $5,000 and must meet certain trading rules like a profit target of 10%, minimum profitable days of 3, minimum daily loss of 3%, and so on to become funded traders.
The 5er High-Stakes Challenge offers different account sizes ranging from $5,000 to $100,,000 and can be grown up to $1,000,000 through a scaling process, depending on the trader’s performance. Once a trader becomes a funded trader, they can earn up to 100% of the profits they generate.
Please note that each level has its own set of rules and requirements. Traders who pass the 40K Trading Evaluation are eligible to receive a funded account of up to $1 million.
5ers Bootcamp Review
The 5ers Bootcamp program is an intensive training program designed to help traders improve their skills and gain access to the 5ers Prop Trading Fund. Here are some key features of the 5ers Bootcamp:
The5ers Bootcamp offers the first low-entry-cost challenge, where you can prove your trading skills,and pay the rest only once you’ve passed the challenge. The fee includes access to the training materials, trading simulator, and evaluation process.
Flexible training: The 5ers Bootcamp is designed to be flexible, but it is not for everyone: it is designed to test the consistency and discipline of skilled traders.
Traders that want to apply for the BootCamp program will need to practice their skills in a risk-free environment by completing 3 phases of the challenge on a demo account.
The 3 challenge phase is to prove how skilled, consistent and disciplined a trader is
Once a trader completes the 3 challenge phases, they will start trading on a live funded account and be applicable for a profit split. The evaluation process is designed to be rigorous, ensuring that only the most skilled traders are accepted into the fund.
Funding options: Traders who are interested in the 5ers Bootcamp can choose between $100,000 and $250,000 enrolment options
Entry cost: for $100,000 is $95 and for $250,000 is $225
No minimum days or trades requirements, however, a trader must complete the 3 phases of the challenge within 12 months
Account expires after 21 days of no trading inactivity
The 5ers Bootcamp is a comprehensive training program that provides traders with the skills and knowledge they need to succeed in the markets. The program is flexible, affordable, and designed to help traders achieve their goals. If you’re looking for a way to improve your trading skills and gain access to a prop trading fund, the 5ers Bootcamp is worth considering.
Subscription Fee for 5ers
The 5ers Prop Firm charges a subscription fee for traders who want to join the funding program depending on the account type and size the trader wants to begin with.
The 5ers Hyper Growth Program (Instant Funding) Subscription
- $10,000 Instant funding for $260
- $20,000 Instant funding for $450
- $40,000 Instant funding for $850
The 5ers High-Stakes Challenge (Evaluation program) Subscription
- $5,000 two step Evaluation for $39
- $20,000 two step Evaluation for $165
- $60,000 two step Evaluation for $300
- $100,000 two step Evaluation for $495
The 5ers Bootcamp Program Subscription
- $100,000 enrollment fee $95
- $250,000 enrolment fee $225
Live Trading Stages After 3 Phases Challenge
- Cost: One-time $205 or $350 payment (only after traders have passed the challenge stages)
- Growth: Scale up every 5% gain
- Profit split: Up to 100%
- Leverage: 1:10
Maximum number of active accounts per trader: 3 accounts
Traders who join the the5ers program do not need to pay an additional subscription fee. However, they need to meet certain trading objectives to increase their account size and earn profits.
5ers Prop Firm offers three types of programs that cater to different trading needs. Traders can choose the program that suits their goals and start their journey toward becoming successful traders.
What is the Payment Method for The 5ers?
The 5%ers prop firm provides traders with a range of payment options. According to their website, payment methods include PayPal, Payoneer, Coinbase, Revolut, Wire Transfer, and more. This means that traders have multiple options to choose from when it comes to receiving their profits.
The5ers Payout Proof
One of the unique features of The5ers is that they offer payouts whenever traders want them. This is a significant advantage compared to other prop firms that typically have designated dates each month for withdrawals. The payout schedule is entirely managed by the trader, which allows for greater flexibility and control over their earnings.
The profit payout will reset the account back to the initial balance, but it won’t affect the milestone target X2. This means that the payout still counts toward the milestone target. The milestone target is a profit target that traders must reach before they can withdraw their profits.
The5ers provides traders with a range of payment options and a flexible payout schedule. it an attractive option for traders looking for more control over their earnings. The payout proof is a unique feature that sets The5%er apart from other prop firms and provides traders with greater flexibility and control over their profits.
The5ers Review: 10 Interesting Things About 5ers Prop Firm
The5%ers has a unique trading challenge that helps traders gain experience and hone their skills.
The5%ers offers a competitive profit split of up to 100% to traders who join the firm.
The5%ers provides traders with funding of up to $4 million, based on performance
The5%ers has a dedicated team of professionals who provide excellent support and educational programs.
The5%ers offers a variety of trading platforms, including MetaTrader 5, which is an industry-leading platform.
The5%ers offers a variety of funding options, including an instant funding no minimum trading days
The5%ers has a transparent fee structure that traders can easily understand.
The5%ers offers a variety of trading instruments, including Forex, stocks, and commodities.
The company has received overwhelmingly positive reviews on sites like Trustpilot and social media which rated the 5ers as offering excellent customer support and trading terms that are among the best in the industry.
The5%ers was founded by a seasoned Forex trader, it is registered with financial regulations.
Unique Features of The5ers Prop Firm
The 5%ers is a prop firm that stands out from the crowd due to its unique features. Here are some of the most interesting aspects of The 5%ers:
1. One-Time Fee
The proprietary firm charges a one-time fee. This means that traders can access the firm’s trading funds without having to worry about additional costs.
2. Profit Split
They offer traders a profit split of up to 100%. This means that traders can keep a larger portion of their profits compared to other prop firms that offer lower profit splits.
3. Large Range of Trading Objectives
The firm provides traders with a wide range of trading objectives to choose from. This gives traders the flexibility to select the trading strategy that suits their style and preferences.
4. Transparent Trading Rules
The firm has transparent trading rules that are easy to understand. This makes it easier for traders to trade with confidence and avoid any confusion or misunderstandings.
5. Comprehensive Evaluation Process
The 5 ers has a comprehensive evaluation process that is designed to assess traders’ skills and abilities. This helps the firm to identify traders who have the potential to succeed and provide them with the necessary resources and support.
6. High-Quality Customer Support
The firm provides high-quality customer support to traders. This ensures that traders can get the help they need when they encounter any issues or have any questions.
7. No Previous Experience Required
The5ers does not require traders to have any previous experience or qualifications. This makes it easier for anyone to join the firm and start trading.
8. Exclusive Trading Tools
The firm provides traders with a range of exclusive trading tools that are designed to help them trade more effectively and efficiently.
9. Low-Risk Trading
The5ers offers low-risk trading, which means that traders can minimize their risk exposure and trade with confidence. This makes it easier for traders to achieve their trading goals and objectives.
The5ers Pros and Cons
The5ers prop firms that offers traders access to capital trading funds without a thousand-dollar deposit. It has a large range of trading instruments and offers traders the opportunity to earn up to 100% profit split. However, there are also some drawbacks to consider
Pros
- Suitable Programs for all: The5ers program is targeted at different types of traders who are looking to start a career in the trading business and also save money on fees
- Access to Training: The5ers offers traders access to training materials that help them equip themselves better
- Profit split up to 100%: The5ers offers traders the opportunity to earn up to 100% profit split. This can be a significant advantage for traders who are looking to maximize their profits.
- Large range of trading instruments: The5ers offers a large range of trading instruments, including forex, stocks, commodities, and indices. This can be a significant advantage for traders who are looking to diversify their portfolios.
- Zero Spread: Zero spread helps traders to enter the market at the best price
Cons
- Limited time to pass the evaluation: The5ers evaluation process has a limited time frame, which can be a disadvantage for traders who need more time to pass the evaluation.
- Limited Leverage:: The5 ers has a limited Leverage of 1:30 for Instant funding and evaluation programs, with a leverage of 1:10 for the Bootcamp program.
It is important to carefully evaluate the pros and cons to determine if The5%rs trading firm is the right fit for your trading needs.
Conclusion.
The5 ers Prop Firm presents a unique and compelling opportunity for traders of all levels. The 5ers programs, supportive community, and innovative features make them stand out in the industry. Based on the information presented, This firm emerges as a reliable and trusted firm that can help traders thrive in the financial markets.
We encourage you to check out The5ers website further to determine if it aligns with your trading goals and aspirations. Whether you’re a beginner or an experienced trader, The5ers may provide the support and resources you need to take your trading to new heights.
