FXCI
Use promo code "FUNDEDTRADING" and get 15% discount. Challenge cost $42, funding amount $5K!
The5ers - How to Get a Funded Account
Get up to $250,000 in capital funds to individual forex traders. Unlike retail brokers, we focus on funding traders with no risks or extra charges. With three unique funding programs, The5ers supports over 8,500 traders worldwide, offering profit splits up to 100%. We ensure stable resources for trader activity and growth with our self-sourced capital.
Updated 27-07-2024
Benefits
✓ Excellent Trustpilot Rating: 4.8/5, reflecting high customer satisfaction.
✓ Three Unique Funding Programs: Offers flexibility and choice for traders.
✓ Professional Trader Dashboard: Advanced tools for managing and tracking trades.
✓ Variety of Trading Instruments: Trade forex pairs, commodities, indices, and cryptocurrencies.
✓ High Leverage: Up to 1:100 with High Stakes.
✓ No Minimum Trading Day Requirements: Except for High Stakes.
✓ No Maximum Trading Period: Trade as long as needed.
Scaling Plan: Grow your account size over time.
✓ Frequent Payouts: First payout after 14 days with Bootcamp & High Stakes, and bi-weekly payouts.
✓ Profit Share: Up to 100%, maximising trader earnings.
✓ Three Unique Funding Programs: Offers flexibility and choice for traders.
✓ Professional Trader Dashboard: Advanced tools for managing and tracking trades.
✓ Variety of Trading Instruments: Trade forex pairs, commodities, indices, and cryptocurrencies.
✓ High Leverage: Up to 1:100 with High Stakes.
✓ No Minimum Trading Day Requirements: Except for High Stakes.
✓ No Maximum Trading Period: Trade as long as needed.
Scaling Plan: Grow your account size over time.
✓ Frequent Payouts: First payout after 14 days with Bootcamp & High Stakes, and bi-weekly payouts.
✓ Profit Share: Up to 100%, maximising trader earnings.
Drawbacks
❌ Low Leverage: With Bootcamp and Hyper Growth programs.
❌ Mandatory Stop-loss: Required in the Bootcamp program.
❌ Risk Per Position: Limits in the Bootcamp program.
❌ First Payout Delay: After 10% profit in the Hyper Growth program.
❌ No News Trading: Allowed with High Stakes.
❌ Mandatory Stop-loss: Required in the Bootcamp program.
❌ Risk Per Position: Limits in the Bootcamp program.
❌ First Payout Delay: After 10% profit in the Hyper Growth program.
❌ No News Trading: Allowed with High Stakes.
Benefits
✓ Excellent Trustpilot Rating: 4.8/5, reflecting high customer satisfaction.
✓ Three Unique Funding Programs: Offers flexibility and choice for traders.
✓ Professional Trader Dashboard: Advanced tools for managing and tracking trades.
✓ Variety of Trading Instruments: Trade forex pairs, commodities, indices, and cryptocurrencies.
✓ High Leverage: Up to 1:100 with High Stakes.
✓ No Minimum Trading Day Requirements: Except for High Stakes.
✓ No Maximum Trading Period: Trade as long as needed.
Scaling Plan: Grow your account size over time.
✓ Frequent Payouts: First payout after 14 days with Bootcamp & High Stakes, and bi-weekly payouts.
✓ Profit Share: Up to 100%, maximising trader earnings.
✓ Three Unique Funding Programs: Offers flexibility and choice for traders.
✓ Professional Trader Dashboard: Advanced tools for managing and tracking trades.
✓ Variety of Trading Instruments: Trade forex pairs, commodities, indices, and cryptocurrencies.
✓ High Leverage: Up to 1:100 with High Stakes.
✓ No Minimum Trading Day Requirements: Except for High Stakes.
✓ No Maximum Trading Period: Trade as long as needed.
Scaling Plan: Grow your account size over time.
✓ Frequent Payouts: First payout after 14 days with Bootcamp & High Stakes, and bi-weekly payouts.
✓ Profit Share: Up to 100%, maximising trader earnings.
Drawbacks
❌ Low Leverage: With Bootcamp and Hyper Growth programs.
❌ Mandatory Stop-loss: Required in the Bootcamp program.
❌ Risk Per Position: Limits in the Bootcamp program.
❌ First Payout Delay: After 10% profit in the Hyper Growth program.
❌ No News Trading: Allowed with High Stakes.
❌ Mandatory Stop-loss: Required in the Bootcamp program.
❌ Risk Per Position: Limits in the Bootcamp program.
❌ First Payout Delay: After 10% profit in the Hyper Growth program.
❌ No News Trading: Allowed with High Stakes.
The5ers story
The5ers, legally known as Five Percent Online Ltd, was incorporated on April 9, 2020. The company is headquartered in Raanana, Israel, and London, UK, under the management of CEO Gil Ben Hur. The5ers offers a unique career-building platform for forex traders through three distinct account types: a three-step evaluation, an instant funding program, and a two-step evaluation. Partnered with a liquidity provider for direct market access, The5ers focuses on empowering traders to excel in their careers and achieve substantial profits.
Key Advantages/Features
◉ Substantial Funding: Manage account sizes up to $250,000.
◉ High Profit Splits: Receive up to 100% of profits.
◉ Diverse Trading Instruments: Forex pairs, commodities, indices, and cryptocurrencies.
◉ Flexible Programs: Choose from three different funding programs tailored to various trading styles.
◉ Support for Growth: Hyper-Growth plan to boost capital levels and earnings.
◉ High Profit Splits: Receive up to 100% of profits.
◉ Diverse Trading Instruments: Forex pairs, commodities, indices, and cryptocurrencies.
◉ Flexible Programs: Choose from three different funding programs tailored to various trading styles.
◉ Support for Growth: Hyper-Growth plan to boost capital levels and earnings.
By joining The5ers, traders gain access to significant funding, professional tools, and a supportive environment designed to foster growth and success in the forex trading world.
How it works? Trading programmes and prices
The5ers offers traders three unique funding programs:
Bootcamp - low cost program
Hyper Growth - 1 step program
High Stakes - 2 step program
The5ers’ Bootcamp Program
The5ers’ Bootcamp program is designed to identify disciplined and profitable traders who can effectively manage risk. Traders have the opportunity to manage account sizes ranging from $100,000 to $250,000 with up to 1:10 leverage.
Description of the Bootcamp Program
The5ers’ Bootcamp program offers traders the chance to manage accounts between $100,000 and $250,000. The aim is to identify traders who are disciplined, profitable, and capable of managing risk over a three-step evaluation period.
Evaluation Phases
Phase One:- Profit Target: 6%
- Max Loss: 5%
- No minimum or maximum trading day requirements
- Phase Two:
- Profit Target: 6%
- Max Loss: 5%
- No minimum or maximum trading day requirements
- Phase Three:
- Profit Target: 6%
- Max Loss: 4%
- No minimum or maximum trading day requirements
After successfully completing all three phases, traders are awarded a funded account.
- BOOTCAMP FUNDED TRADER:
- Profit Target: 5%
- Maximum Loss: 4%
- No minimum or maximum trading day requirements
Key Rules for The5ers’ Bootcamp Program
Stop-Loss and Risk Management:- Mandatory stop-loss for all positions, not risking more than 2% of the account balance.
- Accounts with 5 risk violations will be blocked.
Leverage and Margin:- Leverage is set at 1:10 for all accounts.
Trading Conditions:- News trading allowed (excluding bracketing strategies).
- Overnight and weekend holding allowed, with high swaps for indices.
Account Activity:- Inactive accounts for over 21 consecutive days will be closed.
- Maximum of 3 active accounts per trader, each with a different trading method.
Payout Schedule:- First payout 14 days after receiving a funded account, then every 2 weeks.
The5ers’ Hyper Growth Program
The5ers’ Hyper Growth program offers traders the chance to manage account sizes ranging from $5,000 to $20,000 without any evaluation phase. This program allows traders to start earning immediately with up to 1:30 leverage. Below is the detailed structure of the Hyper Growth program:
The5ers’ Hyper Growth Program Rules
- Payout Schedule:
- First payout 14 days after receiving a funded account, and every 2 weeks thereafter.
- Daily Pause:
- The daily pause does not terminate an account. It only disables the account for the current day. Traders can continue trading the next day at 00:00 MT5 Server Time.
- News Trading:
- News trading is allowed, except for bracket strategies around news or others mentioned in our T&C.
- Weekend Trades:
- Holding open trades over the weekend is allowed.
- Holding indices over the weekend is allowed but carries a high swap.
- Bonuses:
- Upon completing each level, traders will receive bonuses to their HUB on top of their profit split.
Trading Platform:- Platform: MT5 Hedge, available in desk, web, and mobile versions.
Minimum Requirements:- No minimum trades or days required for completing level 1.
Activity Requirement:- Traders have unlimited time to pass the challenge. However, accounts inactive for more than 21 consecutive days will expire.
The5ers’ High Stakes Program
The5ers’ High Stakes program aims to identify and fund talented traders who can manage risk effectively. This program allows traders to manage accounts ranging from $5,000 to $100,000 with up to 1:100 leverage.
Evaluation Phases
- Phase One:
- Profit Target: 8%
- Max daily loss of 5% and maximum loss of 10%.
- Requirements: Minimum of 3 profitable trading days.
- Time Limit: No maximum trading day requirements.
- Phase Two:
- Profit Target: 5%
- Max daily loss of 5% and maximum loss of 10%.
- Requirements: Minimum of 3 profitable trading days.
- Time Limit: No maximum trading day requirements.
The5ers’ High Stakes Program Rules
- Account Activity:
- Accounts inactive for more than 21 consecutive days will be expired.
- Leverage and Loss Limits:
- Leverage is set at 1:100.
- Daily loss is capped at 5% of the higher of the starting equity or starting balance at MT5 Server Time.
- Trade Holding:
- Holding trades overnight and over the weekend is allowed.
- Holding indices over the weekend incurs a high swap.
- News Trading:
- Holding trades over news is allowed, but executing orders 2 minutes before until 2 minutes after high-impact news is prohibited.
- Payouts:
- First payout is 14 days after receiving a funded account, with bi-weekly payouts thereafter. The 14-day payout cycle resets each time a new account is scaled.