How to ask The5ers for an extension<\/em><\/strong>?<\/h4>\n\n\n\nFor traders with the low-risk program option that are unable to complete the trading goals within the required duration but can show a net profit of 2.5% or more, then they can request a 30 days extension. The request for extension can only be granted when the trader asks for it via email or chat, and the extension can only be given twice.<\/p>\n\n\n\n
For the aggressive program option, the approach is a little bit different as the trader does not receive a time extension but rather a free restart<\/strong> for ending with a positive P&L and not meeting the profit target.<\/p>\n\n\n\n<\/span>Why is there a participation fee at The5ers?<\/strong><\/span><\/h3>\n\n\n\nThe period of participation in the level 1 phase of the program is very important for the traders and the company since a lot of time and effort are invested in the traders and their careers. Since traders will be evaluated through the use of real, live accounts, the participation fee serves as the only monetary contribution and maximum payment that the trader has to make. The company is looking for traders with a sense of responsibility, a modicum of patience, and strong risk management skills. Such traders should also have the ability to make substantial profits which gives them a chance to make up for the participation fee through their gains.<\/p>\n\n\n\n
<\/span>What will traders receive for paying the participation fee?<\/strong><\/span><\/h3>\n\n\n\nTraders will receive the following:<\/p>\n\n\n\n
\n- A trading account that is fully funded instead of a demo account.<\/li>\n\n\n\n
- Trading resources<\/li>\n\n\n\n
- A sophisticated Dashboard<\/li>\n\n\n\n
- Trading losses waiver<\/li>\n\n\n\n
- Payouts from the profit share<\/li>\n\n\n\n
- A Reliable support<\/li>\n\n\n\n
- Unrestricted access to The5%ers live trading room<\/li>\n<\/ul>\n\n\n\n