⭐ Reputation: The5ers has built strong credibility, with 9 years in business, a 4.9 Trustpilot rating, and a track record of reliable payouts.
💸 Payouts: In my view, the payout structure is solid; profit splits start from 75% for 1-step and 50% for 3-step, while 80% for 2-step challenge, with bi-weekly withdrawals and scaling up to 100% profit share.
📊 Trading Conditions: I’ve found the platforms and trading conditions reasonable with competitive spreads, MT5/cTrader platforms, 1:100 leverage, and swap-free accounts, but only 40 instruments, which limits variety compared to other firms.
💰 Pricing: To me, pricing is mixed; the 1-step is weak versus industry standards, the 2-step is average, and the 3-step offers great value. Entry fees span $39–$850, depending on the challenge.
🔑 Standout Features: What stands out most are the advancement opportunities, up to 100% profit splits, a High Stakes salary option after scaling, and growth potential to $4M.
✅ Verdict: Overall, I see The5ers as one of the most trusted prop firms in the industry, offering fair entry costs and solid development opportunities, though the limited instruments and lack of instant challenges leave room for improvement.
Pros | Cons |
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The5ers allows partial news trading. In the Hyper Growth and Bootcamp challenges, news trading is permitted, while in the High Stakes challenge, it is restricted from two minutes before until two minutes after high-impact events. A key rule across all accounts is that bracketing strategies, which involve placing simultaneous buy and sell stop orders, are prohibited.
The5ers supports swing trading by allowing positions to be held over the weekend, while requiring traders to manage risks related to swaps, volatility, liquidity, and spread fluctuations.
The5ers supports scalping; however, tick scalping (micro-second trades) intended to gain unfair advantages or exploit system inefficiencies is not permitted. In the Bootcamp program, scalping is allowed but requires the use of mandatory stop-loss orders.
The5ers is well-suited for day traders, providing competitive spreads, fast execution, leverage of up to 1:100, and access to more than 40 instruments.
The5ers allows automated trading, with Expert Advisors and indicators supported on both MT5 and cTrader.
Traders are allowed to copy their trades across all their accounts without violating any rules. However, if traders have multiple Bootcamp accounts, each must be traded using a different strategy.
The5ers offers access to approximately 40 tradable instruments, including Forex, Metals, Oil, Indices, cryptocurrencies, and energy assets, allowing traders to diversify their strategies across multiple markets.
🏢Headquarters | Israel |
📅Foundation Year | 2016 |
⚖️Regulations | - |
🏆Challenge Types | 1-Step, 2-Step, 3-Step |
💲Challenge Price | $39 – $850 |
💼Account Size | $5K – $250K |
💰Maximum Capital | $4 million |
📈Scaling Plan | Yes |
💸Profit Split | Up to 100% |
🎯Profit Target Range | 5% – 10% |
⚠️Maximum Daily Loss | 3% – 5% |
💻Trading Platforms | MetaTrader 5, cTrader |
📊Tradable Instruments | Forex, Metals, Energies, Indices, Cryptocurrencies |
📏Maximum Leverage | 1:100 |
🎮Demo Account | No |
🧑💻Customer Support | Chatbot, Email, Live Chat |
⭐Trustpilot Rating | 4.9 |
In my own testing, The5ers delivered consistent, on-time payouts and clear rule disclosures. Two gaps stood out: the manual verification for funded accounts took about 3 days, and both the AI chatbot’s accuracy and live-chat response times could be better.
To validate this, I analyzed Trustpilot feedback. Reviewers largely echo my findings, highlighting reliable payouts, fair, transparent rules, and responsive 24/7 support, and they add helpful context. I also observed: a user-friendly platform and a quick funding process that make the experience smoother. This sentiment is reflected in the firm’s 4.9/5 Trustpilot rating from 17K+ reviews with 93% five-star. Independent payout data backs it up as well: ~$43M paid across 20K+ verified payouts, including one over $91K, confirmed by Payout Junction.
The5ers is a proprietary trading firm founded in 2016 and led by CEO Saul Lokier. Registered in Israel under company number 515864007, the firm is headquartered at 2 Ha’tidhar Street, Raanana, Israel. With over 60 employees and more than nine years of operation, The5ers demonstrates strong operational capacity and long-term stability.
The5ers boasts a stellar 4.9 Trustpilot rating from 17K+ reviews, with 93% of users awarding five stars.(Check Date 9th Sep 2025)
The5ers provides clear and transparent trading rules, including defined profit targets, drawdown limits, and guidelines for news trading and EA usage. However, there are some strategy-related restrictions that traders should consider before joining.
Payout Junction confirms The5ers has paid over $43M across 20K+ payouts, including one exceeding $91K, showcasing its fair and trader-focused payout policies.(Check Date: 11 Sep 2025)
Payout Junction only tracks payments made through Riseworks, so it doesn’t provide the full picture, but it still serves as a useful metric for evaluation.
Website: The5ers’ website is clean, professional, and user-friendly, offering clear access to challenges, rules, terms, and FAQs. The terms and client agreement are easy to find, reinforcing transparency. With a trader-focused design, AI chatbot, search bar, and responsive support, the platform ensures an efficient and transparent experience.
Social Media: The5ers has a strong online presence with around 98K Instagram followers, 84K YouTube subscribers, 49K on Facebook, 13K on LinkedIn, and 5.9K on TradingView. Their content includes over 1K Instagram posts, 1.3K YouTube videos, and 700+ TradingView ideas.
Risk Management: The5ers is not regulated but enforces structured evaluations and strict risk controls to ensure a stable trading environment. Opening trades without a stop-loss or exceeding the allowed risk per trade is considered a violation, and accounts can be closed after five violations. Despite the lack of regulation, its strong payout record and active community help build trust.
In my opinion, The5ers has built a strong reputation for transparency and reliability, with more than $43 million paid out across over 20K verified payouts through Payout Junction. The firm holds a 4.9 Trustpilot rating, with 93% of reviews being five stars. As a pioneer in the retail proprietary trading industry, it is recognized for its clear rules, professional platform, and strong community support, making it a trusted choice for traders.
In my view, The5ers offers a well-structured set of challenges that cater to different trader preferences. The 1-Step Hyper Growth program is fast and straightforward but comes with tighter limits. The 2-Step High Stakes challenge feels more balanced, though restrictions like news-trading and a 3 minimum profitable days requirement may put some traders off. The 3-Step Bootcamp is the most cost-efficient and scalable option, but its mandatory stop-loss rule won’t suit everyone.
Hyper Growth (1 Step) | High Stakes (2 Step) | Bootcamp (3 Step) | |
Profit Share | (50%-100%) | (80%-100%) | (50%-100%) |
Minimum Profitable Days | – |
P1: (3 days) P2: (3 days) |
– |
Profit Target | 10% |
P1: (8%) P2: (5%)
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P1: (6%) P2: (6%) P3: (6%) |
Daily Pause Limit | 3% |
P1: (5%) P2: (5%) |
P1: (–) P2: (–) P3: (–) |
Maximum Drawdown | (6%) |
P1: (10%) P2: (10%) |
P1: (5%) P2: (5%) P3: (5%) |
News Trading | Yes | No | Yes |
Expert Advisors | Yes | Yes | Yes |
Copy Trading | Yes | Yes | Yes |
Consistency Rule | No | No | No |
Weekend Holding | Yes | Yes | Yes |
💵 Accounts: $10K ($260) → $40K ($850), scalable to $4 million.
Note: The initial challenge account size is 50% smaller than the originally applied for funded account size. Once funded, you receive the full account size you applied for.
🎯 Target: 10% profit
📉 Drawdown: 3% Daily Pause (Trailing EOD) | 6% Overall (Static)
💰 Profit Split: Default 50% | Scales to 100%
⚡ Trading: ✅ News | ✅ EAs | ✅ Copy trading | ✅ Weekend
📅 Funded Stage: Scaling up to $4 million | Full Account Size
⚙️ Challenge Parameters: 🟢 Consistency Rule: None | 🟢 Max Drawdown Type: Static | 🟢 No Minimum Profitable Days
💵 Accounts: $5K ($39) → $100K ($545), scalable to $500K.
🎯 Target: 1 Step = 8% | 2 Step = 5%
📉 Drawdown: 5% Daily Loss (Trailing EOD) | 10% Overall Loss (Static)
💰 Profit Split: Default 80% | Scales to 100%
⚡ Trading:| ✅ EAs | ✅ Copy trading | ✅ Weekend | ❌ News
📅 Funded Stage: Scaling up to $500K | Challenge Fee Refund
⚙️ Challenge Parameters: 🟢 Consistency Rule: None | 🟡 Drawdown Type: Daily (Trailing EOD), Overall – (Static) | 🔴 Minimum Profitable Days: 3 profitable days(At least 0.5% of Initial account Balance)
Note: Once a trader’s account balance reaches $350,000, they become eligible for a fixed monthly payout of $4,000, which increases to $10,000 when the balance reaches $500,000.
💵 Accounts: $100K ($300) → $250K ($575), scalable to $4 million.
Note: The challenge fund will start smaller and increase with each step until, once funded, it equals the size of the plan you purchased.
🎯 Target: 1 Step = 6% | 2 Step = 6% | 3 Step = 6%
📉 Drawdown Challenge Phase: (–) Daily | 5% Overall (Static)
💰 Profit Split: Default 50% | Scales to 100%
⚡ Trading: ✅ News | ✅ EAs | ✅ Copy trading | ✅ Weekend
📅 Funded Stage: Scaling: $4 million |Full Account Size | Drawdown: 3% Daily Pause (Trailing EOD) | 4% (Static)
⚙️ Challenge Parameters: 🟢 Consistency Rule: None | 🟢 Max Drawdown Type: Static | 🟢 No Minimum Profitable Days | 🔴 2% stop-loss on every position.
What I find most appealing about The5ers is its flexibility and growth potential, offering scaling up to $4M, 1:100 leverage, fair trading conditions, and strong profit-to-drawdown ratios. The main drawbacks are restrictions like no news trading and 3 minimum trading days in the High Stakes program, mandatory Stop Loss in Bootcamp, and the lack of an instant program.
The challenge options (1, 2, or 3-step) cover $5K–$250K accounts, with support for EAs, copy trading, weekend holds, and generous profit splits up to 100%. Overall, it offers enough freedom and variety to suit different trading styles.
While comparing The5ers to other firms, I found their pricing to be accessible, with entry fees starting at $39 for a $5K Two Step account. Cost efficiency varies, with $44.87 in funding per dollar on One Step (below average), $168.68 on Two Step (in line with benchmarks), and $400 on Three Step (above average). A key benefit of the 3-Step challenge is split pricing: traders pay an upfront fee and a second fee only if they reach the funded stage, minimizing risk if they don’t pass.
For the Bootcamp challenge, the fee is split into two parts—an initial payment for Step 1 and the remainder after passing the funded stage.
Account Size | Hyper Growth (1 Step) | High Stakes (2 Step) | Bootcamp (3 Step) |
$5K | – | $39 (128.20 per $1) | – |
$10K | $260 (38.46 per $1) | $78 (128.20 per $1) | – |
$20 | $450 (44.44 per $1) | $165 (121.21 per $1) | – |
$40K | $850 (47.05 per $1) | – | – |
$60 | – | $329 (182.37 per $1) | – |
$100K | – | $545 (183.48 per $1) |
$95 Upfront $205 After Passing/Funded Total $300 (333.33 per $1) |
$250K | – | – |
$225 Upfront $350 After Passing/Funded Total $575 (434.78 per $1) |
To determine whether a prop firm’s challenge is affordable or expensive, we calculate the Average Funding Per Dollar across one-step, two-step, and three-step challenges.
The formula is:
Average Funding Per Dollar = Total Funded Account Balance / Total Program Prices
This metric indicates the amount of trading capital a trader receives for each dollar of the entry fee, enabling a more objective comparison between firms. It helps traders evaluate the value of their investment by highlighting the relationship between the challenge cost and the capital offered.
A higher ratio indicates that more capital is provided per dollar spent, making the challenge more cost-effective.
This calculation helps compare different prop firms’ value-for-money offerings by showing how much capital a trader can access relative to their initial investment.
Challenge Type | Average Funding Per Dollar | Industry Benchmark |
Hyper Growth (One-step) Challenge | $44.87 | $180 |
High Stakes (Two-step) Challenge | $168.68 | $179 |
Bootcamp (Three-step) Challenge | $400 | $280 |
I found that The5ers ranks about average in cost efficiency compared to the industry. The One Step challenge is weak at $44.87 per dollar versus $180. The Two Step is closer to the mark at $168.68 versus $179. The standout is the Three Step, which delivers $422.85 versus the $280 benchmark.
The5ers offers a 14-day risk-free money-back guarantee before trading begins and as long as there is no violation of the terms. Once trades are placed, fees are non-refundable, except in the High Stakes Two Step challenge, where the fee is refunded upon reaching the funded stage.
Overall, the trading conditions are decent and in line with industry standards. The5ers offers some of the best spreads I’ve seen, and you can choose between raw spreads with commissions on Forex and Gold, and spread-based pricing with no commissions on indices, cryptocurrencies, and commodities. Traders can choose between MT5 and cTrader, with leverage up to 1:100 and swap-free accounts available upon request. They offer only 40 trading instruments, which might feel restrictive.
The5ers offers mainly raw spreads accounts with commissions on Forex and Gold, and it offers spread-based pricing with no commissions on indices, cryptocurrencies, and commodities.
The5ers offers varying leverage across its funding programs, with a maximum of 1:100 in line with industry standards. The table below provides a breakdown of leverage by asset class.
Assets | Bootcamp (3-Step) | High Stakes (2-Step) | Hyper Growth (1-Step) |
Forex | 1:10 | 1:100 | 1:30 |
Metals | 1:3.3 | 1:33 | 1:10 |
Indices | 1:2.5 | 1:25 | 1:7.5 |
Commodities | 1:0.5 | 1:5 | 1:1.5 |
Crypto | 0.20 | 1:2 | 1:0.60 |
The5ers maintains transparent pricing by charging spreads, trade execution commissions, and overnight swap fees. Its cost structure is decent and closely aligned with industry standards.
The spread refers to the difference between the bid and ask prices of an instrument. The table below presents the spreads for key instruments and compares them with the industry average. Overall, the spreads of The5ers are consistent with industry standards.
Instruments | Zero Commission Instruments -5ers |
Zero Commission Instruments Industry Average |
Raw Spread + Commissions Instruments -5ers |
Raw Spread Account + Commissions Industry Average |
EUR/USD | – | 0.8 pips | 0.0 pips | 0.2 pips |
BTC | $27.58 | $35 | – | $27 |
WTI | 0.08 pips | 0.047 pips | – | 0.03 pips |
Gold | – | 28 cents | 26 Cents | 26 Cents |
US30 | 2.18 points | 3.14 points | -– | 2.2 points |
The5ers charges a $4 commission per round lot on Forex and Gold trades, which aligns with industry standards, while offering zero commission on indices, cryptocurrencies, and commodities, making it cost-effective for diversified trading.
Instruments | 5ers Account (Round Turn) | Industry Average (Round Turn) |
EUR/USD | $4/Lot | $4/Lot |
BTC | $0/Lot | $0/Lot (*Zero commission instrument*) |
WTI | $0/Lot | $0/Lot (*Zero commission instrument*) |
Gold | $4/Lot | $4/Lot |
US30 | $0/Lot | $0/Lot (*Zero commission instrument*) |
The5ers charges swap fees on their funded accounts and trading programs. Swap fees are collected or paid nightly depending on the asset, position size, and whether the trade is long or short.
My calculation of overall trading fees considers both commissions and spreads. The5ers offers a favorable fee structure compared to industry standards, with trading costs generally better than average except for WTI, while Gold remains in line with industry norms.
I found that The5ers’ trading fees proved to be generally in line with industry standards. Forex and Gold carry a $4 commission with tight spreads, making EURUSD cheaper than average and Gold consistent with market norms. Cryptocurrencies, indices, and WTI are commission-free with spread-based pricing; BTC and US30 are cost-effective, while WTI is pricier than the industry average.
The5ers does not apply any consistency rule, giving traders complete flexibility in trade size, frequency, and performance pacing throughout the challenge.
Strategy | Interpretation |
Hedging Policies | Hedging across multiple accounts, even those belonging to the same trader, is strictly prohibited. Hedging, which involves opening opposing positions on the same asset, undermines fair trading and disrupts the integrity of our platform. |
Wrong Use of Expert Advisors (EAs) | Expert Advisors that scalp during the rollover night to take advantage of the price feed |
One-sided bets | A trading strategy where the user consistently takes positions in one single direction without considering market conditions or conducting proper analysis |
High-Frequency Trading | In which the majority of trade durations span is measured within a few seconds or less. |
Bracketing strategy | Opening pending orders around high-impact news. It consists of opening buy and sell stops close to the price before the news. |
Bulk Trading | When multiple trades are open simultaneously. |
The5ers provides access to over 40 trading instruments across forex, indices, cryptocurrencies, and commodities. Although the total number of assets is slightly below the industry average, it still supports reasonable portfolio diversification with popular and high-volume instruments. Here is a detailed overview of the available trading instruments:
Instrument | Number | Examples |
Forex | 28 | EURUSD, GBPJPY, GBPUSD |
Commodities | 2 | XBRUSD, XTIUSD |
Indices | 6 | UK 100, DAX 4 |
Cryptocurrencies | 2 | BTCUSD, ETHUSD |
Metals | 2 | XAUUSD, XAGUSD |
The5ers offers MetaTrader 5 and cTrader as its trading platforms, delivering fast execution, advanced charting, and professional features within a user-friendly interface. Both platforms support manual and automated trading, catering to traders of all experience levels.
Once you pass the challenge, you will receive a funded account with the following features, depending on the account type.
Challenge Type | Hyper Growth (1-Step) | High Stakes (2-Step) | Bootcamp (3-Step) |
Profit Share | Funded Account (80%-100%) | Up to 100% | Up to 100% |
Daily Loss Limit | 3% | 5% | 3% |
Maximum Drawdown | 6% | 10% | 4% |
News Trading Allowed | Yes | No(2-Min Trading Window) | Yes |
Expert Advisor | Yes | Yes | Yes |
Copy Trading | Yes | Yes | Yes |
Consistency Rule | No | No | No |
Weekend Holding | Yes | Yes | Yes |
Payout | Bi-weekly | Bi-weekly | Bi-weekly |
Mandatory Stop Loss | No | No | Yes |
The5ers allows news trading on funded accounts, excluding bracket strategies during high-impact events. High Stakes accounts require a two-minute holding window around news releases. Overnight and weekend holding is permitted, although swaps on indices may be higher.
There are no consistency rules, and leverage, news trading, and daily drawdown limits remain the same in both evaluation and funded stages, with maximum drawdown slightly reduced from 5% to 4% at the funded stage.
The Hyper Growth Plan doubles the account balance for every 10% profit increase, with the potential to grow the account up to $4 million.
The Bootcamp Plan scales the account with every 5% profit increase, enabling progressive growth up to $4 million.
The High Stakes Plan scales the account every time you hit a 10% profit milestone, with the potential to grow up to $500K
The5ers offers swap-free Islamic accounts with no interest on overnight positions, aligning with Islamic principles; however, an additional fee applies.
The5ers does not offer demo accounts to traders.
The 30-day inactivity rule applies to all account types in The5ers programs, including both evaluation and funded accounts. If no new orders or trading activity occur for 30 consecutive days, the account will be closed.
The5ers has a strong reputation with over $43 million paid through 20K+ verified payouts, confirmed by Payout Junction. Withdrawals can be requested 14 days after account activation and every two weeks thereafter, with the period resetting if the account is scaled.
The minimum withdrawal is $150 after the profit split. Fees are 2% for Riseworks and cryptocurrency (capped at $1,500), 3% for bank transfers plus bank charges, and free when converted to Hub Credits.
The5ers offers a profit split starting at 50% in the Bootcamp and Hypergrowth programs, which can scale up to 100%. In the High Stakes program, the profit split begins at 80% and can also increase to 100%.
Payment Method | Rise (Riseworks), Bank Transfer, Cryptocurrency, Hub Credit |
Processing Fees | 2% for Riseworks and cryptocurrencies (with a $1,500 cap), 3% for bank transfers, 0% on Hub Credit. |
Processing Time | 1–3 business days |
First Payout | Bi-Weekly |
Payout Frequency | Bi-Weekly |
Minimum Withdrawal | $150 after the profit split |
The5ers provides HubCredits upon passing Phase 1, depending on the challenge type and size. These credits can be used to purchase another The5ers challenge. While the firm doesn’t frequently offer discounts, it does run contests, has an affiliate program, and occasionally provides purchase discounts or special promotions tied to specific events.
From my experience, The5ers provides decent customer support. They have an AI chatbot, live agents, email, tickets, and a detailed FAQ. Plus, their learning resources are genuinely useful for new traders. That said, the AI chatbot isn’t always accurate, and I’ve noticed it gives wrong info at times. Also, live agent support could be a bit faster.
help@the5ers.com | |
Ticket | https://the5ers.com/contact-us |
Chatbot | https://the5ers.com |
Live Chat |
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The5ers’ support is generally good. The AI chatbot is quick and helpful, though some test queries revealed occasional inaccuracies. Live agent support, while professional and responsive, typically takes 5–15 minutes to reply and is available Sunday to Thursday (07:00–15:00 GMT) and Friday until 12:00 GMT. Outside these hours, assistance is provided via email.
The5ers provides valuable educational content through its YouTube channel, offering trading tips and platform insights. Its webinars feature tutorials and industry updates, helping traders stay informed about current programs, platform features, and trading challenges.
In my view, The5ers is a credible and well-established firm with over 9 years of operation, backed by strong ratings, positive reviews, and verified payouts. It provides traders with clear rules and decent trading conditions, including tight spreads and low commissions. The profit split goes up to 100%, with bi-weekly payouts. The firm supports MT5 and cTrader platforms, though it offers only 40 trading instruments, which some traders may find limiting.
The 5ers offers decent pricing for High Stakes (2-Step) and outstanding value for Bootcamp (3-Step). However, its Hypergrowth (1-Step) pricing falls below the industry average. It supports all legit trading styles and strategies, including EAs, copy trading, swing, and scalping, though Bootcamp’s mandatory stop-loss and Highstakes news trading window can be restrictive, and the lack of instant challenges reduces appeal for some traders.
Overall, I think The5ers is best suited to traders who want transparent trading conditions, long-term stability, and a path to scale, provided they can work within the narrower asset list and program restrictions.
Leveraging years of hands-on experience, Soban provides in-depth reviews of proprietary trading firms, carefully evaluating their models, rules, and impact on traders.
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