"The5%ers: Comprehensive Review and Analysis of Trading Program"
The5%ers: Funding Traders & Growth Program | Providing Higher Capital to Full-Time Traders | Established 2016 | Registered UK Company | London Headquarters | Passionate and Dedicated Professionals
Established in 2016, The 5%ers Funding Traders & Growth Program was meticulously designed to extend a higher level of capital to full-time traders beyond the conventional resources typically available. This organization is notable for its unwavering commitment and profound dedication to the trading profession. As a duly registered UK company headquartered in London, The 5%ers also maintains a significant presence in Israel.
At the heart of their operations lies a resolute mission: to furnish traders across the globe with a secure, equitable, and transparent trading infrastructure that not only empowers personal growth but also facilitates the realization of life’s aspirations. The 5%ers provides unique career development opportunities to its clients, embracing an ambitious growth strategy aimed at bolstering capital levels and achieving substantial profits. Their ethos is centered on empowering traders to attain financial independence, irrespective of their background or origin.
By managing account sizes of up to $4,000,000 and participating in up to three concurrent accounts, traders have the potential to generate noteworthy returns. Furthermore, contingent on the selected funding program, traders can avail themselves of profit-sharing arrangements that range from 50% to 100%. These opportunities can be realized through trading various financial instruments, including forex pairs, commodities, and indices.
The5%ers, headquartered in London, United Kingdom, is a proprietary firm that offers a diverse array of instant funding account models, each with distinct risk profiles, encompassing options of both low and high risk. These account models provide considerable flexibility with regard to initial funding, featuring choices at the denominations of $5,000, $10,000, and $20,000, and they can subsequently be expanded to a substantial scale of up to $4,000,000. Furthermore, The5%ers presents a comprehensive two-step evaluation program tailored for individuals seeking high-stakes opportunities. Additionally, they introduce the Bootcamp challenge model, which offers alternatives at $100,000 and $250,000, with the potential to grow to a significant magnitude of $4,000,000. Traders have the option to utilize MetaTrader 5 for their trading activities, while the firm employs a third-party program as its brokerage platform.
This firm is a registered entity in the United Kingdom and can be verified on the records of Companies House. FIVE PERCENT ONLINE LTD is the owner of The5%ers, with its incorporation taking place on April 9, 2020, under the leadership of Gil Ben Hur. The company’s headquarters is situated at 14 Haroshet Street, Raanana, Israel.
Gil Ben Hur, the Founder and CEO of The5%ers’ funding and growth program, is a prominent figure in the field of forex trading. With a career spanning more than a decade, he has established himself as a dedicated full-time forex trader since 2007, specializing in order flow and price-action methodologies. In addition to his role as a trader, Gil Ben Hur is known for his proficiency as a trading coach and his prior experience as a portfolio manager for private investors. In 2016, he ventured into the world of proprietary trading firms by launching The5%ers, a venture that achieved significant success. This groundbreaking trading platform transformed the industry by granting individual forex traders worldwide access to substantial trading capital and an exceptional career growth pathway, often referred to as an outstanding scaling plan.
The5%ers offers its traders three different programs to choose from:
The5%ers’ Instant Funding Program affords traders the opportunity to expedite profit generation by circumventing the evaluation phase. Adherence to the 3% daily pause rule and the 6% maximum loss threshold is imperative for maintaining compliance. It is noteworthy that satisfying a minimum 12-month trading day requirement is obligatory to successfully advance to Level 1. Traders become eligible for profit-sharing, ranging from 50% to 100%, contingent upon their trading performance with a 1:30 leverage ratio.
The Instant Funding Program introduces a scaling plan, as illustrated in the accompanying spreadsheet. To qualify for scaling your account, the sole prerequisite is achieving a profit target aligned with your designated instant funding level. An added advantage to highlight is that withdrawals do not hinder the scalability of your account. Once your account accumulates profits reaching the 10% target, it becomes eligible for scaling.
For instance: The profit target for this account type is 10%. During the initial 14-day period, you achieve a 4% gain and withdraw 50% of your profits. In the subsequent 14-day period, you attain a 7% gain and withdraw 50% of your profits. Your total profits have now reached 11%, rendering you eligible for scaling, as you’ve met the 10% profit target. The eligible trading instruments for the Instant Funding Program account encompass forex pairs, metals, and indices.
Guidelines for the Instant Funding Program Account
The profit target represents a predetermined profit percentage that traders must attain before successfully concluding an evaluation phase, making profit withdrawals, or expanding their account scope. This profit target remains consistent at 10% across all scaling levels.
The maximum loss defines the uppermost threshold for overall losses that traders can incur before their account is considered in violation. Irrespective of the account size, all traders are subject to a uniform maximum loss threshold of 6%.
The concept of the daily pause acts as a protective mechanism to shield traders from substantial losses. When the daily pause threshold is triggered, all open trades automatically close, and the account remains inactive until the commencement of the next trading day. A uniform daily pause threshold of 3% is implemented for all account sizes.
Maximum trading days signify the maximum duration within which traders must achieve specific profit targets or withdrawal objectives. For Level 1, the maximum trading period is set at 12 months.
Third-party copy-trading risk pertains to the potential consequences of utilizing copy-trading services offered by external entities. It is essential to recognize that engaging in third-party copy trading carries the risk of adopting the exact trading strategies used by other traders employing the same service. As a result, surpassing the maximum capital allocation rule can lead to denial of a funded account or withdrawal.
Third-party EA risk concerns the potential risks associated with employing third-party expert advisors (EAs). It is crucial to acknowledge that utilizing a third-party EA may entail using a trading strategy already employed by other traders. Therefore, employing a third-party EA entails the risk of being denied a funded account or withdrawal if the maximum capital allocation rule is exceeded.
The High-Stake Challenge initiated by The5%ers is designed to discern and reward adept traders who exhibit consistent performance throughout a meticulous two-phase assessment period. The evaluation program account extends the privilege of trading with a 1:100 leverage ratio.
During Evaluation Phase 1, traders are required to accomplish an 8% profit target while abiding by the stipulated maximum daily loss and maximum loss thresholds of 5% and 10%, respectively. The temporal limitations for reaching the profit target in the Phase 1 evaluation account are non-restrictive. Nevertheless, progression to Phase 2 mandates a minimum of three profitable trading days.
In Evaluation Phase 2, traders must achieve a 5% profit target while adhering to the maximum daily loss and maximum loss guidelines of 5% and 10%, mirroring the requirements of Phase 1. As in the preceding phase, there is no explicit timeframe for achieving the profit target in the Phase 2 evaluation account. Nevertheless, qualifying for a funded account necessitates a minimum of three profitable trading days. It is noteworthy that upon successful completion of the Phase 2 evaluation, traders will receive a reimbursement of their account payment.
The successful completion of both evaluation phases entitles traders to a funded account, subject to the consideration of the minimum withdrawal threshold of $150. The prerequisite of three profitable trading days, carried over from the evaluation phases, remains in effect. Furthermore, traders are obligated to observe the maximum daily loss and maximum loss regulations of 5% and 10%. The initial payout is scheduled 14 calendar days after the commencement of trading in the funded account. Subsequent payouts are dispensed bi-weekly. Traders stand to gain an 80% share of their profits, with the potential for an increase up to 100% and an additional monthly salary contingent upon meeting specific scaling criteria.
The High-Stake Challenge also incorporates a scaling plan. To qualify for scaling the trading account to the next level, traders must attain a 10% profit target. Scaling can be executed once per pay period, and withdrawals do not impede the account’s ability to undergo scaling. Eligibility for account scaling hinges on achieving the 10% profit target in cumulative profits.
It is important to note that the trading instruments available for the High-Stakes Challenge encompass forex pairs, metals, and indices.
High-Stake Challenge Rules:
The profit target serves as a specific percentage of profit that traders must attain to successfully complete an evaluation phase, withdraw profits, or expand their trading account. Phase 1 necessitates an 8% profit target, while Phase 2 mandates a 5% profit target. It should be underscored that funded accounts necessitate compliance with the minimum withdrawal policy.
The maximum daily loss denotes the utmost allowable loss within a single trading day before the account is considered in violation. This maximum daily loss limit of 5% is uniform across all account sizes. Similarly, the maximum loss signifies the highest permissible cumulative loss before the account is deemed to be in violation, with a consistent threshold of 10% for all account sizes.
A profitable trading day is characterized by closed positions that yield a positive profit of at least 0.5% of the initial balance. The positive profit is calculated as the minimum value between the midnight balance and midnight equity, subtracted from the previous day’s balance.
The “no news trading” policy prohibits traders from engaging in trades during periods of high-impact news releases, specifically limiting the opening and closing of trades 2 minutes before and after the news event.
Third-party copy-trading risk pertains to the potential hazards associated with utilizing copy-trading services offered by external parties. Traders should be aware that such services may already have other traders employing the same trading strategy. Consequently, the use of third-party copy trading services may result in the denial of a funded account or withdrawal if it surpasses the maximum capital allocation rule.
Third-party EA risk refers to the potential risks involved in utilizing third-party Expert Advisors (EAs). Traders should be mindful that such EAs may already be utilized by other traders, thereby employing the same trading strategy. Consequently, the use of third-party EAs may lead to the denial of a funded account or withdrawal if it exceeds the maximum capital allocation rule.
The 5%ers Bootcamp program account offers an accessible entry point for traders to demonstrate their trading proficiency. A partial fee serves as the initial investment, with the balance payable upon completion of the demo stages.
For the demo stages, the entry cost stands at €95 for the $100k account and €225 for the $250k Bootcamp account. During these stages, traders benefit from a 1:10 leverage ratio, devoid of any minimum trading requirements. The profit objective for each of the three demo stages is set at 6%, with a loss threshold capped at 5%. It’s essential to note that the demo stages carry a maximum duration of 12 months for successful fulfillment, and an account expiration clause is in effect, activating after 21 days of inactivity.
Moreover, adherence to the imperative of implementing stop-loss orders for all positions, while ensuring that risk remains below 2% of the initial account balance, is obligatory. Accounts contravening this rule on more than three occasions will face termination. Upon successful completion of the three demo stages, traders gain eligibility for participation in live trading stages, enabling them to scale their accounts and realize profits.
For the live trading stages, a single payment of €205 is required for the $100k Bootcamp account and €350 for the $250k Bootcamp account upon the successful conclusion of the three demo account stages. During these live trading phases, traders are afforded a leverage ratio of 1:10 and the opportunity for account growth upon reaching a 5% profit target. The precise profit share awarded to traders fluctuates based on the respective live trading stages, ranging from 50% to 100%.
For comprehensive insight into the regulations and guidelines governing the $100k Bootcamp program account, please consult the account specifications.
The account scaling strategy within the boot camp program entails achieving a 6% profit target in each demo stage, with a strict 5% loss limit at each level. The fulfillment of all three demo stages opens the gateway to the live trading phases.
In the Bootcamp program’s live trading stages, the account scaling plan necessitates achieving a 5% profit target, coupled with a maximum loss constraint of 4% at each level. Upon attaining the profit target, traders are qualified to scale their accounts. Furthermore, each time the profit target is met and the account is scaled, traders receive payouts based on the profit-sharing model.
The available trading instruments for the $100k Bootcamp program account encompass forex pairs, gold, and silver.
Here are the regulations for the Bootcamp program account:
Profit Target: Traders must aim for a specific profit percentage before completing the evaluation phase, withdrawing profits, or scaling their accounts. In the demo stages, a 6% profit target is required, while the live trading stages mandate a 5% profit target.
Maximum Loss: Traders must ensure that their total losses do not exceed a designated limit before the account is considered in violation. In the demo stages, the maximum allowable loss is 5%, while in the live trading stage, it is reduced to 4%.
Maximum Trading Days: This denotes the maximum timeframe within which traders must achieve a specific profit or withdrawal target. In the three demo stages, the maximum trading period is fixed at 12 months.
Stop-Loss Required: Traders are obligated to establish a stop-loss order for every position before initiating a trade.
Stop-Loss Risk per Position: Traders must set a stop-loss based on a specific percentage for each position before entering a trade. A mandatory stop-loss risk of 2% applies to every position.
The5%ers differentiates itself from other prominent firms in the industry by offering three distinct funding programs, namely Instant Funding, High-Stakes Two-Step Evaluation, and the Bootcamp Challenge. Furthermore, The5%ers stands out by not imposing any minimum trading day requirements, allowing traders to maintain positions over weekends, during overnight periods, and amidst news releases, while also affording them the freedom to incorporate indicators and Expert Advisors (EAs) into their trading strategies.
In contrast to other proprietary firms, The5%ers introduces the Instant Funding program, allowing traders to swiftly access funded accounts. The Level 1 of Instant Funding targets a 10% profit goal, accompanied by rules like a 3% daily pause and a maximum loss cap of 6%. It is worth noting that traders have a 12-month timeframe to fulfill the Level 1 requirements. Furthermore, the Instant Funding program integrates a scaling plan, offering traders an opportunity to expand their accounts. The absence of a minimum trading day requirement and the flexibility to advance at a comfortable pace within a maximum trading period of 12 months set The5%ers apart from other prominent proprietary firms.
On the other hand, The5%ers’ High-Stakes Challenge encompasses a two-phase evaluation program that mandates traders to successfully complete both phases to qualify for payouts. Phase one involves achieving an 8% profit target, while phase two sets a profit target of 5%. The program enforces additional regulations, including a maximum daily loss limit of 5% and a maximum overall loss limit of 10%. Traders are also obliged to generate a minimum of three profitable days within each phase before becoming eligible for funding consideration. Similar to the Instant Funding program, the High-Stakes Challenge incorporates a scaling plan. The relatively moderate profit targets set by The5%ers, when compared to other leading proprietary firms, constitute a distinctive feature of their high-stakes evaluation program.
The 5%ers Bootcamp program account provides traders with an opportunity to demonstrate their trading prowess at an affordable cost. The entry fee is divided into two parts: an initial entry cost and the remaining portion payable upon successful completion of the three demo stages. The demo stages require achieving a profit target of 6% while adhering to a maximum loss limit of 5%. Traders have a maximum trading period of 12 months to meet the challenge, during which they must employ stop-loss orders for all positions and ensure that risk does not exceed 2% of the initial account balance.
Upon successful completion of the three demo stages, traders can progress to the live trading stages, enabling them to earn profit shares and expand their accounts. To initiate the live trading stages, the outstanding one-time fee must be settled. The primary goal of the live trading stages is to attain a profit target of 5%, facilitating account scaling while maintaining a maximum loss limit of 4%.
What sets The5%ers apart from other leading proprietary firms is its distinctiveness, offering three unique funding programs. Notably, there are no requirements for a minimum number of trading days, and traders are allowed to hold trades over weekends, engage in overnight trading, participate in news releases, and utilize indicators and Expert Advisors (EAs). These distinctive features make it an excellent choice for consistent traders seeking a long-term funding opportunity.
In conclusion, The5%ers stands out in the industry by providing three distinct funding programs that offer flexibility and a range of trading advantages.
When evaluating proprietary trading firms that align with your forex trading style, it is imperative to assess the feasibility of meeting their trading prerequisites. For instance, while a company may present an appealing profit-sharing percentage for well-capitalized accounts, if they impose unrealistically high monthly profit targets alongside stringent maximum drawdown constraints, the likelihood of achieving success becomes significantly diminished.
The acquisition of capital through immediate funding programs represents a pragmatic opportunity, as these direct funding initiatives enable you to commence earning right from the outset. The initial phase of such programs sets a profit target at 10%, effectively doubling your initial capital. Furthermore, the maximum loss regulations associated with these programs are also judicious, with traders subject to a 3% daily halt and adherence to a 6% maximum loss threshold.
Obtaining capital through high-stakes challenges is likewise a viable option, primarily due to the relatively moderate profit targets (8% in phase one and 5% in phase two) and the inclusion of average maximum loss regulations (5% maximum daily loss and 10% maximum loss). Additionally, participants are afforded an indefinite timeframe within which to complete both evaluation phases.
Securing capital through the Bootcamp funding program is a realistic choice, contingent upon the successful completion of three demonstration stages before gaining access to live trading phases. The live trading stages encompass attainable profit targets of 5% and enforce a 4% maximum loss limit. Significantly, upon the completion of each individual live trading stage, you become eligible to withdraw your profits.
After considering these factors, The5%ers emerges as an excellent option for capital acquisition, offering three distinct funding programs with pragmatic trading objectives and conditions for payout eligibility.
In terms of payment proof, The5%ers was officially incorporated on April 9th, 2020. Traders have the liberty to request withdrawals of their profit splits at their discretion, without being encumbered by any minimum or maximum thresholds. This can be initiated by clicking the “Profit Payout” button on their traders’ dashboard.
Additionally, reliable payment proof can be found on their YouTube channel in selected videos where they conduct interviews with their traders. For instance, you can view and hear firsthand accounts of payments in the two following videos.
The 5%ers employ a unique trading methodology characterized by direct engagement with a commercial Liquidity Provider, thereby circumventing traditional brokerage firms. This arrangement affords them Direct Market Access, streamlining their trading activities. Trade execution within The5%ers is facilitated through STP Market Execution via their selected broker, and they have incorporated an ECN-Broker-Fees-Structure into their platform to enhance operational efficiency.
Within this framework, a commission of $4 is applied per lot for a complete round trip, equating to 0.4 pips. The spread for EUR/USD fluctuates within the range of 0.1 to 0.5 pips.
Regarding trading platforms, The5%ers provides the opportunity to utilize the MetaTrader 5 platform, a widely recognized and utilized option in the industry.
Trading Instruments The 5%ers enables its clientele to engage in trading across a comprehensive spectrum, encompassing forex majors, forex major crosses, precious metals such as gold and silver, and various indices.
The Trading Resources section on The 5%ers website provides a comprehensive array of educational materials, including trading ideas, trading rooms, educational videos, forex pivot points, trading courses, and essential tips designed to support success within their funded trader program. To access their website, kindly follow this link.
Moreover, ForexFactory features a dedicated thread dedicated to The 5%ers, offering abundant information and discussions about the company. This thread serves as a valuable resource for gaining insights into the firm and reading comments and experiences shared by its clients.
The 5%ers offers an extensive Frequently Asked Questions (FAQ) page on their website, providing a valuable resource for accessing the information you may require. Additionally, their dedicated support team is accessible through various channels, including social media platforms or direct email communication at help@the5ers.com. For inquiries during their operational hours, which are from Sunday to Thursday, commencing at 7:00 AM and concluding at 17:00 GMT, and on Fridays from 7:00 AM to 12:00 PM GMT, prompt assistance can be expected.
If you need further clarification or have additional inquiries, The 5%ers can also be reached by telephone at the following numbers: +1 (929) 955 5595 or +44 (20) 8068 0793.
The5%ers have garnered high praise in reviews, reflecting the company’s outstanding performance.
Trustpilot is home to a robust and diverse community, characterized by active participation in submitting positive feedback, culminating in an impressive aggregate rating of 4.8 out of 5 based on a substantial 925 reviews. Furthermore, the platform features a reliable support team that stands ready to attend to inquiries and offer comprehensive assistance as required.
Client testimonials further highlight the professionalism and helpfulness of The5%ers’ customer support services.
In addition, the company’s clients derive substantial value from the educational resources provided to facilitate and enhance their trading journey.
The5%ers can also be found on social media.
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In summary, The5%ers is a respected proprietary trading firm that offers three distinct funding programs: Instant funding, the high-stake challenge, and the Bootcamp challenge.
Under the instant funding programs, traders are expected to attain a profit target of 10% while adhering to the maximum loss rule of 6%. Additionally, traders should be attentive to the 3% daily pause rule, designed to curb excessive trading. Achieving the profit targets leads to a twofold increase in the trader’s account balance. Subsequently, traders are allowed to expand their accounts each time they reach a 10% profit target, with a maximum balance cap of $4,000,000. There are no mandatory trading day requirements, but traders must complete level 1 within a maximum trading period of 12 months.
The high-stake challenge comprises a two-phase evaluation process that aligns with industry standards. Traders must successfully complete both phases to become funded and qualify for profit splits. The 5%ers establish pragmatic profit targets of 8% in phase one and 5% in phase two, considering the 5% maximum daily loss and 10% maximum loss rules. Through the high-stake challenge, traders can earn profit splits ranging from 80% to 100%, accompanied by a potential monthly salary based on their scaling level.
The Bootcamp funding program requires the completion of three demo stages before gaining access to live trading stages, enabling traders to generate profit splits and further expand their accounts. Profits can be withdrawn each time a 5% profit target is reached, resulting in account balance growth of up to $4,000,000. It is noteworthy that there are no mandatory trading day requirements for the Bootcamp funding program.
Given the transparent rules and favorable terms provided by The5%ers, I strongly recommend this proprietary firm to individuals in search of a dependable option. With their established presence in the proprietary trading industry and the provision of excellent opportunities for traders with diverse styles, The5%ers unquestionably distinguishes itself as one of the foremost firms in the field.
