Overview
The5ers is a well-established proprietary trading firm specializing in Forex, with a history dating back to 2016. What sets them apart is their generous profit split of up to 100% and the ability to scale up to $4M in funded capital. They offer a range of programs, including Hyper Growth, High Stakes, and Bootcamp, catering to diverse trading needs.
Challenge Structure & Pricing
The5ers features a 2-Step challenge, with a starting price of $260, which is relatively competitive in the market. The evaluation process is designed to test traders' skills, and those who succeed can access significant funding. The firm's pricing is straightforward, with no hidden fees, making it an attractive option for traders seeking a transparent and fair challenge.
Profit Split & Payouts
The5ers offers an impressive profit split of up to 100%, allowing successful traders to retain a substantial portion of their earnings. The firm has a reliable payout track record, with 180 payouts made in the last 30 days, totaling $40.0M. Bi-weekly payouts and an average payout speed of 48 hours demonstrate their commitment to timely settlements.
Trading Conditions
The5ers supports the MT5 platform and offers a wide range of assets, including Forex, Indices, Metals, Crypto, and Stocks. The spreads are competitive, with EUR/USD at 0.4 pip, Gold at 30 pip, and NAS100 at 1.8 pts. However, the firm's 6% max drawdown and 3% daily pause limit may be considered strict by some traders. Additionally, the 1:30 leverage only may limit the trading strategies of some participants.
Trust & Reputation
With a Trustpilot score of 4.8/5 and over 21,000 reviews, The5ers has established a strong reputation in the industry. Their payout track record and commitment to transparency have earned them a high level of trust among traders. The firm's 10-year history and large community of funded traders (262K+) further demonstrate their credibility.
Who Is It Best For?
The5ers is suitable for experienced traders seeking a reputable and transparent proprietary trading firm. Those who can adapt to the firm's rules and leverage limitations will find the generous profit split and scaling opportunities attractive. The variety of programs offered also makes it an excellent choice for traders with different goals and risk tolerance levels.
The Bottom Line
The5ers is a well-established and reputable proprietary trading firm offering competitive terms and a generous profit split. While the firm's rules and limitations may not suit every trader, their transparency, reliability, and commitment to trader success make them an attractive option for those seeking a fair and challenging trading environment. With a strong reputation and a large community of funded traders, The5ers is a solid choice for traders looking to grow their capital and trading skills.
This review was generated by AI based on publicly available data and may not reflect the most recent changes.
