{"id":619,"date":"2023-01-18T14:22:25","date_gmt":"2023-01-18T19:22:25","guid":{"rendered":"https:\/\/tradingfunder.com\/?p=619"},"modified":"2024-11-09T15:06:02","modified_gmt":"2024-11-09T20:06:02","slug":"the5ers-review","status":"publish","type":"post","link":"https:\/\/tradingfunder.com\/the5ers-review\/","title":{"rendered":"The5ers 2024 Review: All to know"},"content":{"rendered":"\n

The5ers was founded in 2016 by Gil Ben Hur and Snir Achiel in Israel. The company operates as a proprietary trading firm, providing capital to forex traders. Their main focus is on forex but they also offer instruments like commodities, indexes, cryptocurrencies, and energy commodities. The5ers offers several types of accounts including their Hyper Growth<\/strong>, Bootcamp<\/strong>, and High Stakes<\/strong> programs, each designed for traders at different experience levels\u200b\u200b\u200b.<\/p>\n\n\n\n

Trading Funder have found that Trustpilot score for The5ers is 4.9\/5 based on over 7,500 reviews. Positive feedback highlights their great customer service, smooth payout process, and excellent trading conditions like tight spreads and fast order execution. The scaling plan and flexibility in trading strategies also receive praise. On the negative side, some traders reported issues with daily drawdown limits and KYC verification delays, though these problems were resolved by support\u200b\u200b.<\/p>\n\n\n\n

Key advantages of The5ers include flexible trading conditions, fast payouts, and a solid scaling plan that allows traders to grow their accounts quickly. The low spreads and transparency in trading rules are also well-regarded. On the downside, some traders face issues with daily drawdown limits, strict rules around KYC verification, and occasional delays in customer service responses\u200b\u200b.<\/p>\n\n\n\n

The5ers offers account types like Hyper Growth<\/strong>, Bootcamp<\/strong>, and High Stakes<\/strong>. Prices range from around $39 for entry-level accounts to $260 for higher-stakes options. Traders access these accounts using the MetaTrader 5 (MT5) platform, available on desktop, web, and mobile\u200b\u200b\u200b\u200b.<\/p>\n\n\n\n

The5ers has several key trading rules. Daily loss limit<\/strong> is 3-5%, and maximum drawdown<\/strong> ranges from 6-10%, depending on the program. Leverage<\/strong> is limited to 1:10<\/strong> or 1:30<\/strong> for most programs, but can go up to 1:100<\/strong> for the High Stakes program. Holding over weekends<\/strong> and during news events<\/strong> is generally allowed, but some restrictions apply during high-impact news. Hedging<\/strong> is allowed, and Expert Advisors (EAs)<\/strong> can be used, though arbitrage or copy trading is prohibited. There are no strict restrictions on trading style<\/strong>, but copy trading and certain aggressive tactics are banned. The scaling plan<\/strong> allows for account growth up to $4M\u200b\u200b\u200b\u200b.<\/p>\n\n\n\n

In this article, Trading Funder offers an in-depth review of The5ers<\/strong>, covering its key features, account types, and trading rules to help guide your experience with this prop trading firm.<\/p>\n\n\n

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