The5ers has trading rules in place to protect their capital and ensure that traders follow proper risk management. These rules help maintain consistency and fairness while offering growth opportunities. The Trading Funder team did deep research to make these rules and regulations easy to understand, so traders can focus on what matters—trading effectively within the guidelines for long-term success.
The5ers offers different account types, each with specific rules. These include programs like Bootcamp, Hyper Growth, and High Stakes. Each account type has its own targets, drawdown limits, and risk management rules, designed to match different trading styles and experience levels.
The5ers trading rules include a Daily Loss Limit and Maximum Drawdown to manage risk, Leverage Limits based on the account type, and a Consistency Rule to ensure steady performance. Traders can hold positions over weekends and during major news events with some restrictions, especially on certain strategies like bracketing. Hedging is allowed, and there’s a Scaling Plan to grow accounts based on hitting profit targets. The use of Expert Advisors (EAs) is permitted as long as they don’t use prohibited strategies like latency arbitrage. Copy trading and some trading styles that are overly risky are restricted.
The5ers offers the Hyper Growth account, which provides instant funding. Traders can start with real capital right away, without needing to pass a test or challenge, unlike other programs that require evaluation.
The5ers’ payout policy allows traders to withdraw profits every 14 days once they have a funded account. The minimum withdrawal is $150, and traders can choose to withdraw via bank transfer, cryptocurrency, or The5ers Visa Card. Withdrawals don’t affect scaling, and profits can be left in the account to increase the maximum drawdown.
In this article, our Trading Funder team will provide an in-depth review of The5ers’ rules and guidelines, including evaluations, funded accounts, payouts, and withdrawal policies, to help you make an informed decision.
What are the rules for The5ers’s Evaluation?
The rules for The5ers’s Evaluation aim to ensure traders manage risk and follow a disciplined approach. Key rules include a Daily Loss Limit (usually 5% of the daily balance) and a Maximum Drawdown (up to 10%). Traders can use Leverage, typically capped at 1:10 or 1:30, depending on the program. The Consistency Rule is applied to maintain steady profits without large, erratic gains.
Traders can hold positions over weekends and during major news events, but strategies like news bracketing are restricted. Hedging and Expert Advisors (EAs) are allowed, provided they don’t use prohibited tactics like latency arbitrage. Copy trading is not permitted, and certain trading styles deemed too risky are also banned.
Accounts that remain inactive for 30 days are closed, and some programs, like Bootcamp, require a stop loss on every trade.
The table below summarizes the key trading rules for each evaluation plan offered by The5ers. It includes details like daily loss limits, maximum drawdown, leverage limits, and more, providing a clear comparison of the rules across different programs:
Rule / Objective | Bootcamp | High Stakes | Hyper Growth |
---|---|---|---|
Daily Loss Limit | 3% on funded accounts | 5% of equity | 3% daily pause |
Maximum Drawdown | 5% during challenges | 10% max loss | 6% stop-out level |
Leverage Limit | 1:10 | 1:100 for forex | 1:30 |
Consistency Rule | Must follow risk management rules | 3 profitable days | No minimum trades needed |
Holding Over Weekends | Allowed (forex and metals) | Allowed (high swap on indices) | Allowed (high swap on indices) |
Holding Over News | Allowed except bracket strategies | Allowed, except 2 mins before/after | Allowed except bracket strategies |
Hedging | Permitted | Permitted | Permitted |
Scaling Plan | Step up every 5% gain | Step up every 10% gain | Account doubles every 10% profit |
Expert Advisors (EAs) | Allowed but no arbitrage | Allowed but no arbitrage | Allowed |
Trading Style Restrictions | No high-frequency trading (HFT), no arbitrage | No HFT, no bracketing around news | No bracket trading around news |
Copy Trading | Not allowed unless self-copying across accounts | Not allowed | Not allowed |
1- The Drawdown
The5ers’s Drawdown is a limit on how much a trader can lose from the initial account balance or the highest balance achieved. The drawdown is either fixed or calculated based on the account type and ensures traders don’t take excessive risks. For example, in the High Stakes program, the maximum drawdown is 10% of the initial account balance, and the daily loss limit is 5%. If you start with a $100,000 account, you cannot lose more than $10,000 overall or $5,000 in one day.
For Example a $100,000 High Stakes account:
- If your balance reaches $110,000, your daily loss limit will be 5% of the highest balance, i.e., $5,500.
- If your equity drops below $104,500, you will hit the daily loss limit.
This table shows how the drawdown limits differ across The5ers’ programs:
Program | Initial Balance | Maximum Drawdown | Daily Loss Limit |
---|---|---|---|
Bootcamp | $100,000 | 5% ($5,000) | 3% ($3,000 on funded) |
High Stakes | $100,000 | 10% ($10,000) | 5% ($5,000) |
Hyper Growth | $100,000 | 6% ($6,000) | 3% daily pause |
2- Leverage Limit
The5ers’s Leverage Limit controls how much traders can borrow to increase their trading position. Leverage allows traders to control larger trades than their actual account balance, but higher leverage increases both potential profits and risks. For example, in the Bootcamp program, the leverage limit is 1:10, meaning that for every $1 in your account, you can control $10 in the market.
For Example, If you have a $100,000 Bootcamp account with 1:10 leverage, you can take positions worth up to $1,000,000. However, higher leverage means more exposure to risk, so it requires careful risk management.
This table shows the different leverage limits based on the program a trader is in:
Program | Initial Balance | Leverage Limit |
---|---|---|
Bootcamp | $100,000 | 1:10 |
High Stakes | $100,000 | 1:100 for forex |
Hyper Growth | $100,000 | 1:30 |
3- Consistency Rule
The5ers’s Consistency Rule ensures that traders maintain steady, disciplined trading without relying on a few high-risk trades to meet their targets. This rule encourages traders to make consistent gains rather than chasing big profits in a short period.
For example, in the High Stakes program, you need at least 3 profitable trading days to pass each phase. This means that you can’t just hit your target in one or two big trades; you must show consistent, steady performance across multiple days.
4- Trading Hours
The5ers’s Trading Hours are generally open from Monday to Friday. For most instruments like forex and indices, trading is available from 01:05 to 23:50 (EET) during the weekdays. However, cryptocurrencies can be traded 24/7, including weekends. Keep in mind that weekend trades, especially on indices, often come with higher swap fees.
5- Allowed Instruments
At The5ers, traders can trade the following instruments:
- Forex: Major, minor, and exotic currency pairs like EUR/USD, GBP/JPY, and USD/ZAR.
- Commodities: Precious metals like gold and silver.
- Indices: Major indices like S&P 500, NASDAQ, and DAX.
- Cryptocurrencies: Bitcoin, Ethereum, and other major digital assets.
- Energy Commodities: Crude oil and natural gas.
These instruments are available across all account types, and traders can check the detailed specifications, such as spreads and swap rates, through the MetaTrader 5 platform.
What are the objectives of The5ers’s evaluation?
The objectives of The5ers’s evaluation are designed to test a trader’s ability to manage risk, maintain consistency, and meet profit targets. These evaluations are the steps traders must complete to qualify for a funded account.
Key objectives are:
- Profit Targets: Traders must reach specific profit goals, like 8% in Phase 1 and 5% in Phase 2 for programs like High Stakes.
- Consistency and Discipline: Traders are required to show steady performance, such as having at least 3 profitable trading days. This ensures traders aren’t relying on one big win but show consistent trading behavior.
1- profit target
The5ers’s profit targets are set for traders to reach during the evaluation phases before qualifying for a funded account. The targets vary by program. For example, in the High Stakes program, the target is 8% in Phase 1 and 5% in Phase 2. The Bootcamp program has a target of 6% for each challenge phase. In the Hyper Growth program, traders must hit a 10% profit to move to the next stage, where their account doubles.
The table below summarizes the profit targets required for each program.
Program | Phase 1 Profit Target | Phase 2 Profit Target | Additional Notes |
---|---|---|---|
Bootcamp | 6% | 6% | 6% for each challenge phase |
High Stakes | 8% | 5% | Unlimited time to hit targets |
Hyper Growth | 10% | N/A | Account doubles at each 10% gain |
2- Consistency and Discipline
The5ers’s Consistency and Discipline objective ensures traders demonstrate steady, controlled trading rather than relying on risky, large trades. In the High Stakes program, traders must show at least 3 profitable trading days in each evaluation phase. This rule ensures traders maintain discipline and avoid erratic trading patterns. In other programs like Bootcamp, traders must follow strict risk management rules, such as using a stop loss and keeping losses within 2% of the account balance.
what are The5ers’s Funded Accounts rules?
The5ers’s Funded Accounts rules are designed to help traders manage risk while trading with the firm’s capital. These rules vary by account type but generally include limits on losses, leverage, and other key trading behaviors. Below are the main rules for each funded account type:
- Daily Loss Limit: For the High Stakes account, the daily loss limit is 5% of the equity. For Bootcamp, it’s 3% on funded accounts, and in the Hyper Growth account, there’s a 3% daily pause, which temporarily disables the account if the limit is hit.
- Maximum Drawdown: The High Stakes program has a maximum drawdown of 10%, while the Bootcamp and Hyper Growth accounts have lower limits of 5% and 6%, respectively.
- Leverage Limit: Leverage is limited to 1:10 for Bootcamp, 1:30 for Hyper Growth, and up to 1:100 for forex in the High Stakes account.
- Consistency Rule: In High Stakes, traders need at least 3 profitable trading days. This rule ensures traders maintain consistent performance instead of relying on risky, large trades.
- Holding Over Weekends and Major News Events: All programs allow traders to hold trades over weekends, though higher swap fees may apply to certain instruments. Holding during major news events is allowed in most programs, except for some restrictions like bracketing strategies.
- Hedging: Permitted across all account types, giving traders flexibility in managing risk.
- Scaling Plan: The Hyper Growth account offers a scaling plan where the account doubles after reaching a 10% profit, while Bootcamp and High Stakes scale up with each 5-10% profit milestone.
- Expert Advisors (EAs): Allowed in all programs, but traders must avoid arbitrage strategies.
- Trading Style Restrictions: While most trading styles are allowed, high-frequency trading (HFT) and specific high-risk strategies, like bracketing around news events, are restricted.
- Copy Trading: Not allowed in any funded account unless it’s self-copying across your accounts.
Here is a table summarizing the key trading rules for The5ers’ funded accounts, covering different programs. The rules help ensure traders manage risk and maintain discipline when trading The5ers’ capital.
6% below the initial account size | Bootcamp | High Stakes | Hyper Growth |
---|---|---|---|
Daily Loss Limit | 3% on funded accounts | 5% of equity | 3% daily pause |
Maximum Drawdown | 5% | 10% of initial balance | 6% below initial account size |
Leverage Limit | 1:10 | 1:100 for forex | 1:30 for forex |
Consistency Rule | Must follow risk management | 3 profitable trading days | None specified for consistency |
Holding Over Weekends | Allowed (forex and metals) | Allowed (high swaps for indices) | Allowed, high swaps for indices |
Holding Over News | Allowed, no bracket strategies | Allowed, restricted 2 mins around news | Allowed, no bracketing around news |
Hedging | Allowed | Allowed | Allowed |
Scaling Plan | Step up after every 5% profit | 10% profit milestone | Double account after 10% profit |
Expert Advisors (EAs) | Allowed, no arbitrage | Allowed, no arbitrage | Allowed, no arbitrage |
Trading Style Restrictions | No HFT, no risky strategies | No bracketing, no high-frequency trading | No bracketing around news |
Copy Trading | Not allowed | Not allowed | Not allowed |
Additional rules
Here are some additional rules for The5ers’s funded accounts that apply to traders:
- Inactivity Rule: Funded inactive accounts (no trading activity) for 30 consecutive days will be closed.
- Stop Loss Requirement: The Bootcamp program requires a stop loss for every position, and the risk cannot exceed 2% of the account balance.
- Account Limitations: Traders can have multiple accounts, but there are limits:
- Up to 3 Bootcamp accounts.
- Up to 4 Hyper Growth accounts or a combined starting capital not exceeding $40K.
- Up to 3 High Stakes accounts.
What are The5ers’s Funded Accounts objectives?
The objectives of The5ers’s Funded Accounts focus on maintaining profitability, risk management, and consistent performance while trading with the firm’s capital. These objectives help traders build long-term success and grow their accounts.
Key The5ers’s Funded Accounts objectives:
- Profit Targets: In the Bootcamp program, traders must hit a 5% profit target to progress. High Stakes requires a 10% profit milestone to scale up to the next funding level.
- Consistency and Discipline: Traders must show consistent performance. The High Stakes program includes achieving at least 3 profitable trading days during each phase before account scaling.
- Time Limit for Objectives: There is no time limit to hit the profit targets in funded accounts, allowing traders to work at their own pace while maintaining activity. Accounts inactive for 30 consecutive days will be closed.
These objectives ensure that traders focus on steady growth, avoiding risky, high-leverage trades while progressing toward higher funding stages.
Does The5ers have a consistency rule?
Yes, The5ers has a Consistency Rule applied in some programs to ensure disciplined and steady trading.
For example, in the High Stakes program, traders must show at least 3 profitable trading days to meet the consistency objective. This prevents traders from relying on a single large trade to pass and promotes sustained performance.
In the Bootcamp program, traders must follow strict risk management rules. This includes using a stop loss for every position and ensuring no trade risks exceeding 2% of the account balance.
Does The5ers have a scaling plan rule?
Yes, The5ers has a scaling plan. Traders can grow their account when they hit certain profit targets. In the High Stakes program, the account increases by 10% upon reaching each profit milestone. In the Bootcamp program, it scales after a 5% gain. In the Hyper Growth program, the account doubles after hitting a 10% profit.
what are The5ers’s withdrawal/payout rules?
The5ers payout/withdrawal rules vary across their different programs but have common key elements. Here’s a breakdown of the most important rules:
- Effect on Scaling: Withdrawals don’t affect scaling. The account grows as long as profit targets are hit, usually doubling with each 10% profit milestone.
- Profit Split: Starts at 50%, can go up to 100%, depending on performance and the program.
- Consistency Rule: For some programs, like High Stakes, you need at least three profitable trading days during the evaluation.
- Minimum Trading Days: No minimum trading days are required for a payout, but some programs, like High Stakes, require 3 profitable days.
- Minimum Account Balance: There is no specific minimum balance to maintain, but drawdown rules are strict, like a 10% max overall drawdown and a 5% daily drawdown.
- Payout Schedule: Payouts are processed every 14 days (bi-weekly). The cycle resets after each account scaling.
- Payout Minimums: Minimum withdrawal is $150.
- Maximum Payouts: No direct maximum payout is mentioned, but the accounts scale up to millions, so potential payouts grow with performance.
- Withdrawal Requirements: Payouts can only be requested once the trader is fully funded.
- Payout Processing: Withdrawals are processed bi-weekly through the trader’s dashboard.
- Payment Methods: Payments can be made through bank transfer, cryptocurrency, and The5ers Visa Card.
- Payout After Multiple Withdrawals: Withdrawals do not affect account scaling. Even after multiple withdrawals, accounts continue to scale as you hit profit milestones.
The5ers payout policy makes it easy for traders to grow their accounts and get paid as they hit targets.
What are the spread and commissions at The5ers?
At The5ers, spreads on major currency pairs like EUR/USD, GBP/USD, and USD/JPY typically range from 0.2 to 0.9 pips during normal market conditions. The commission is $4 per standard lot, which applies to each round-trip trade. Additionally, overnight swap fees are either charged or credited based on the positions held overnight and the interest rates of the currencies involved.
Is The5ers a Regulated Company?
The5ers is not a regulated company. It was founded in 2016 by Gil Ben Hur and Snir Achiel under the company name Five Percent Online Ltd, with offices in Israel and the UK. The5ers operates as a proprietary trading firm that funds traders with its own capital, not a broker. They offer access to trade markets like Forex, commodities, metals, indices, and cryptocurrencies.
The5ers trades through commercial liquidity providers, but they do not disclose their partner brokers or liquidity providers. Since The5ers is not a financial institution, they are not regulated by any financial authority. They do not offer financial services, focusing solely on funding traders using their capital. While they connect funded accounts to liquidity providers, there is no specific regulatory compliance framework they adhere to.
Is The5ers a Legit Company?
The5ers is a legit company, founded in 2016 by Gil Ben Hur and Snir Achiel under the name Five Percent Online Ltd, with offices in Israel and the UK. According to our The5ers review, It has a strong reputation, holding a 4.9 out of 5 rating on Trustpilot based on thousands of reviews. A key pro is their reliable payout process and clear scaling plan, while a key con is that their maximum account sizes can be limiting for traders seeking larger initial capital.
Conclusion on The5ers’s rules
The5ers operates with clear and straightforward rules centered around risk management, scaling, and consistency, providing a transparent framework for payouts and account growth. Based on our analysis at Trading Funder, the standout advantage is their reliable payout system, which gives traders confidence in withdrawing profits regularly. However, the limited maximum account sizes may be a drawback for those looking to manage larger capital from the start. For disciplined traders focused on a structured and transparent prop firm, The5ers remains a solid option, confirmed by our team after thorough review.