The 5%ers Pros and Cons
Pros
- Profit split up to 100%
- Scaling to 4 million
- 4.9/5 TrustPilot score
Cons
- Varied trading rules
- No true instant funding
- Minimal info on spreads
The 5%ers Challenge Types
The 5%ers offer three main challenge types with different evaluation processes, risk rules, and scaling opportunities.
- Bootcamp: A 3-step evaluation with low upfront fees. Best for traders wanting a low-risk, gradual entry with profit shares up to 100%.
- High Stakes: A 2-step challenge designed for high-leverage, high-reward trading, ideal for experienced traders looking to scale quickly.
- Hyper Growth: A 1-step evaluation with no time limits, aggressive scaling, and up to $4M funding.
| Challenge Type | Evaluation Steps | Leverage | Profit Target | Max Loss | Scaling Potential |
| Bootcamp | Three Step | 1:10 | 6% per stage | 5% (4% funded) | Up to $250K |
| High Stakes | Two Step | 1:100 | 8% (Phase 1), 5% (Phase 2) | 10% (5% daily) | Up to $137,500 |
| Hyper Growth | One Step | 1:30 | 10% | 6% | Up to $4M |
Bootcamp Challenge
The Bootcamp Challenge is a three-step evaluation designed for traders looking for low-cost entry into prop trading. Unlike most prop firm challenges, traders pay a smaller initial fee and only cover the full cost after successfully passing all three stages. This reduces the financial risk compared to firms that require full payment upfront.
| Account Size | Step 1 Balance | Step 2 Balance | Step 3 Balance | Funded Account | Initial Fee | Final Fee |
| $20,000 | $5,000 | $10,000 | $15,000 | $20,000 | $95 | $205 |
| $100,000 | $25,000 | $50,000 | $75,000 | $100,000 | $225 | $350 |
| $250,000 | $50,000 | $100,000 | $150,000 | $250,000 | $350 | $500 |
Traders must pass three evaluation steps before reaching the funded stage. Each step requires hitting a 6% profit target while staying within a 5% max loss limit. Once funded, the max loss tightens to 4%, and the profit target drops to 5%.
- Stop-Loss Required: Every position must have an SL, with risk not exceeding 2% per trade.
- Risk Violations: Accumulating 5 SL violations results in account termination.
- 3% Daily Pause (Funded Only): If a funded trader loses 3% in a day, trading is paused until the next session.
- Holding Positions: Allowed overnight and on weekends (indices have higher swap rates).
- News Trading: Allowed, except for bracket strategies around major events.
- Inactivity Rule: Accounts inactive for 30+ days are closed.
Bootcamp traders can scale their accounts up to $4 million by hitting 5% profit targets at each stage. The profit share increases as traders progress, starting at 50/50 and improving over time. Once the account balance reaches $25,000, the split increases to 75/25, moving up to 80/20 at $2 million. At $2.5 million, traders receive 100% of their profits.
Additionally, once traders hit $350,000, they start receiving a $4,000 monthly salary, which increases to $10,000 at $500,000. This structure rewards consistent profitability with higher payouts and greater scaling opportunities.
High Stakes Challenge
The High Stakes Challenge is a 2-step evaluation designed for traders looking for high-leverage trading (1:100), fast scaling, and larger payouts. Traders start with an evaluation account and receive funding upon passing Phase 2.
- Daily Drawdown: 5%, calculated from the closing balance of the previous day.
- Max Loss: 10% maximum loss
- Profitable Trading Days: 3 profitable days required before passing each phase.
- Inactivity Rule: Accounts expire if inactive for 30+ days.
- Holding Positions: Allowed overnight and on weekends.
- News Trading: Allowed (except bracketing strategies)
| Account Size | Profit Target | Max Loss | Leverage | One-Time Fee | Profit Share |
| $5,000 | 8% (Step 1), 5% (Step 2) | 10% | 1:100 | $39 | 80% – 100% |
| $10,000 | 8% (Step 1), 5% (Step 2) | 10% | 1:100 | $68 | 80% – 100% |
| $20,000 | 8% (Step 1), 5% (Step 2) | 10% | 1:100 | $165 | 80% – 100% |
| $60,000 | 8% (Step 1), 5% (Step 2) | 10% | 1:100 | $329 | 80% – 100% |
| $100,000 | 8% (Step 1), 5% (Step 2) | 10% | 1:100 | $545 | 80% – 100% |
High Stakes Scaling Plan
Once traders pass the evaluation and become funded, scaling is based on 10% profit milestones:
- At each 10% profit target, the account size increases.
- Profit shares start at 80% and gradually increase to 100% at higher funding levels.
- When traders reach $350,000, they receive a $4,000 fixed monthly salary, increasing to $10,000 per month at $500,000.
- The highest possible funding level is $500,000.
Hyper Growth Challenge
The Hyper Growth Challenge is the quickest route to funding with no time limits, aggressive scaling, and leverage of 1:30.
- Max Loss: 6%
- Minimum Trading Days: None (can pass instantly upon reaching the profit target)
- Holding Positions: Allowed overnight and on weekends
- News Trading: Allowed (except bracketing strategies)
- Scaling: Each 10% profit target doubles the account size, up to $4M
| Account Size | Evaluation Funding | Profit Target | Max Loss | Leverage | One-Time Fee | Profit Share |
| $10,000 | $5,000 | 10% | 6% | 1:30 | $260 | Up to 100% |
| $20,000 | $10,000 | 10% | 6% | 1:30 | $450 | Up to 100% |
| $40,000 | $20,000 | 10% | 6% | 1:30 | $850 | Up to 100% |
Verdict on Challenges
The 5%ers offer three challenge types with different risk levels and scaling options. Bootcamp is a lower-cost, structured evaluation, High Stakes suits high-leverage traders, and Hyper Growth allows rapid scaling up to $4M. Traders should review the rules carefully, as each challenge has unique limits and payout structures.
Spreads and Commission Fees
The 5%ers have competitive commission fees compared to other prop firms, but their spread transparency is limited.
Forex Spreads
The 5%ers provide limited information on their spreads, making it difficult for traders to gauge the full cost of trading. According to the prop firms FAQ section, spreads on major currency pairs such as EUR/USD, GBP/USD, and USD/JPY typically range from 0.2 to 0.9 pips. You can log into a MT5 demo account to view current spreads, however they don’t publish minimum spreads as broker backed prop firms tend too.
Commission Fees
The 5%ers charge a $4 commission fee (round trip) on forex trades, which is lower compared to other prop firms like IC Funded and Blueberry Funded which charge higher commission fees of $7 roundturn.
Verdict Commissions and Pricing
The 5%ers offer low commissions at $4 per round turn, undercutting firms like IC Funded and Blueberry Funded ($7). However, spread transparency is lacking, requiring traders to check an MT5 demo account for real-time costs.
Financial Markets and Leverage
The 5%ers offer access to 38 financial markets spanning Forex, commodities, indices, and cryptocurrencies. Whether you’re focusing on major currency pairs or looking for opportunities in more volatile assets like crypto, The 5%ers provide a moderate range of trading instruments.
Trading Instruments
| Asset Class | Total Instruments | Examples |
| Forex Pairs | 26 | EUR/USD, GBP/USD, USD/JPY, USD/CAD, AUD/USD, NZD/USD, USD/CHF, AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, CAD/CHF, CAD/JPY, CHF/JPY, EUR/AUD, EUR/CAD, EUR/CHF, EUR/GBP, EUR/JPY, EUR/NZD, GBP/AUD, GBP/CAD, GBP/CHF, GBP/JPY, GBP/NZD, NZD/JPY, NZD/CAD |
| Indices | 6 | NAS100, US30, SP500, DAX30, UK100, JPN225 |
| Commodities | 4 | Gold (XAU/USD), Silver (XAG/USD), US Oil (XTI/USD), UK Oil (XBR/USD) |
| Cryptocurrencies | 2 | Bitcoin (BTC/USD), Ethereum (ETH/USD) |
The 5%ers provide access to a total of 38 instruments, allowing traders to explore various strategies across different markets.
Forex offers the most instruments, with 7 major pairs and 19 cross pairs, giving traders plenty of options to capitalize on currency market movements.
Commodities include both precious metals and oil, giving traders exposure to these crucial markets.
Indices represent major global stock markets, offering a broad perspective on economic trends, while cryptocurrencies provide high volatility and fast-moving trading opportunities.
Leverage
Leverage at The 5%ers varies depending on the challenge type, providing flexibility for traders to manage their risk and maximize their market exposure.
| Challenge Type | Account Sizes | Leverage |
| Bootcamp Challenge | $20,000 – $250,000 | 1:10 |
| High Stakes Challenge | $5,000 – $100,000 | 1:100 |
| Hyper Growth Challenge | $10,000 – $40,000 | 1:30 |
In the Bootcamp challenge, your max leverage is 1:10, keeping risk exposure controlled and suited for traders focused on steady growth. High Stakes, on the other hand, uses 1:100 leverage, allowing for larger position sizes and higher volatility, making it ideal for those seeking high-risk, high-reward opportunities. Meanwhile, Hyper Growth runs on 1:30 leverage, striking a balance between rapid account scaling and manageable risk.
Verdict on Markets and Leverage
The 5%ers offer 38 trading instruments across forex, commodities, indices, and crypto, catering to different strategies. Leverage ranges from 1:10 to 1:100, giving traders varied risk options depending on their challenge type.
Trading Platforms
The 5%ers offer access to MetaTrader 5 (MT5) and MatchTrader. MT5 is widely recognized for its advanced features, making it suitable for both beginner and experienced traders, while MatchTrader is is a web-based platform better suited to beginner traders.
MetaTrader 5 (MT5)
The MT5 platform provides the following features:
- Advanced Charting: MT5 offers multiple chart types and customizable indicators, giving traders the tools needed for detailed technical analysis. Traders can use various timeframes, and the platform supports advanced charting functions like trendlines, Fibonacci levels, and more.
- Trading Instruments: Traders can access Forex, indices, commodities, and cryptocurrencies through MT5, with real-time data for precise execution.
- Automated Trading: With MT5, traders can use Expert Advisors (EAs) for automated trading. This allows strategies to be implemented 24/7, freeing traders from needing to monitor positions constantly.
- Mobile Compatibility: The MT5 mobile app is available for download on both the Google Play Store and Apple App Store, allowing traders to manage positions on the go. It’s also optimized for tablet devices, with HD versions ensuring a seamless trading experience.
- Access and Setup: Once traders register for an evaluation, The 5%ers provide easy access to MT5 through the trader’s HUB. An email is sent with login credentials and download links for the platform, making setup straightforward.
MatchTrader
MatchTrader is a web-based trading platform designed for fast execution and a user-friendly experience. It provides an alternative to MT5 for traders who prefer a simplified interface with essential trading tools.
- Integrated Web and Mobile Trading: Accessible via browser and mobile app, allowing seamless trading across devices.
- One-Click Trading: Quick order execution with a streamlined interface for fast decision-making.
- Built-in Charting Tools: Supports technical analysis with indicators and customizable chart settings.
- Direct Market Access (DMA): Ensures competitive pricing and real-time order execution.
- Risk Management Features: Includes stop-loss, take-profit, and margin monitoring tools.
Verdict on Trading Platforms
The 5%ers provide access to MetaTrader 5 (MT5) and MatchTrader, giving traders a choice between a feature-rich, advanced trading platform and a simplified web-based alternative. While MT5 is preferred for technical analysis and automation, MatchTrader offers a more accessible option for those who prioritize ease of use and quick trade execution.
Payments and Profit Payout
The 5%ers offer multiple payment methods for challenge fees and profit withdrawals, including Rise, The5ers Visa Card, and cryptocurrencies, with a minimum withdrawal amount of $150.
Payment Methods for Challenge Fees
Traders can pay challenge fees using several methods, including Rise, The5ers VISA Card, and cryptocurrencies. These options give traders flexibility when joining the prop firm, especially for those who prefer digital currencies or prepaid card methods.
Payout Policy and Profit Withdrawals
Once traders reach the funded stage, they can request payouts via several methods, including Rise, The5ers Visa Card, bank transfer, and cryptocurrencies.
Withdrawals are processed biweekly, with a minimum withdrawal amount of $150. Profits can be left in the account to increase the maximum drawdown, providing more room for trading flexibility.
For high-stakes traders, once the account reaches $350,000, traders can receive a fixed monthly payout of $4,000, which increases to $10,000 when the account balance hits $500,000. This offers consistent monthly earnings for successful traders.
Verdict on Payments and Profit Payouts
The 5%ers provide several payment options, including digital currencies and prepaid cards, catering to varied preferences. With biweekly withdrawals and flexible profit management, the setup suits traders seeking regular payouts, although the $150 minimum withdrawal may be a consideration for those with smaller profits.
Customer Service and Education
The 5%ers prop firm offers a range of customer support options and educational resources to help traders enhance their trading skills and experience with the prop firm.
Customer Support
Prop traders can contact The 5%ers customer support team via email, and the firm offers a detailed FAQ section and help center on their website.
These resources cover common queries related to trading rules, payouts, and platform use, allowing traders to resolve issues without direct interaction. The 5%ers also maintain active social media channels where traders can seek additional support.
The 5%ers customer support is available 24/7.
Educational Resources
The 5%ers stand out for their comprehensive educational offerings aimed at improving traders’ skills. They provide live trading sessions, webinars, and on-demand classes that cover advanced trading concepts like risk management, market analysis, and intraday strategies.
Prop trading resources include:
- The5ers Classes: Live demonstrations of advanced trading techniques, such as the “scale-in” technique and how to manage intraday positions.
- Prop Trading Course: A more structured course designed to help traders build and adapt their trading plans to align with the firm’s parameters. The course covers essential topics like risk management, strategy tuning, and trading psychology.
- Workshops and Webinars: Covering a variety of topics, such as Forex scalping, supply and demand zones, and high-probability trading setups.
These educational resources are free for funded traders and challenge participants, allowing them to continuously improve their strategies while trading.
Verdict on Customer Service and Education
The 5%ers offer solid support options, with email and an FAQ section for common issues, though live support is limited to specific hours. Their educational resources, including webinars and courses, provide value if you are looking to up your trading skills.
Trust and Community
The 5%ers trade through commercial liquidity providers instead of using common retail brokers, with funded traders’ accounts connected to pool accounts managed by the risk department.
While this setup offers centralized control over trading conditions, the prop firm does not disclose the identity of their liquidity providers, which may raise concerns for traders seeking full transparency.
The 5%ers TrustPilot Reviews
However, some traders have noted occasional issues, such as platform slippage, which could impact trading results. The company does respond to negative feedback but only replies to a portion of such reviews.
Trading Community
The 5%ers host a Discord server with a large number of active members. The server includes channels for discussing trading strategies, risk management, and other topics related to their funded trader programs.
The 5%ers Discord community is open to anyone who signs up for a free account with The 5%ers, without needing to purchase a challenge. This allows traders to engage with the community, ask questions, and access support before committing to any paid program.
Social Media
The 5%ers have built a strong social media presence with over 250K followers across major platforms. Their Facebook page (47K likes, 50K followers) shares updates and engages traders, while Twitter/X (58.2K followers) offers real-time market insights.
On Instagram, they engage 86.4K followers with motivational content and success stories. Their YouTube channel, with 58.6K subscribers, provides valuable educational videos. This robust online presence fosters a supportive community for traders at all levels.
Verdict on Trust and Community
The 5%ers maintain a high TrustScore and an active community, which supports engagement and transparency within the trading community. However, limited disclosure about liquidity providers may be a drawback if you are prioritising full transparency in trading conditions.
How to Sign Up with The 5%ers
Signing up with The 5%ers is a straightforward process.
Here’s how to get started:
- Register with The 5%ers: First, create an account by registering with The 5%ers on their website. You’ll need to provide basic information such as your name, email, and password.
- Select Program: Once registered, log in and choose the prop challenge that best fits your trading style (e.g., Bootcamp, High Stakes, or Hyper Growth). Each program has unique rules, profit targets, and fee structures.
- Choose Currency and Funding Option: After selecting the program, you will be prompted to choose your preferred currency with options being the US Dollar, Euro, Great British Pound, or Indian Rupee. Then, select the funding level that aligns with your trading objectives.
- Billing Information: Provide your billing details for the challenge fee. The cost varies depending on the challenge and account size you select.
- Review and Pay: Review your program selection, currency, funding option, and payment details. Once confirmed, proceed to payment to officially begin the evaluation process.
- Download Trading Platform or Access WebTrader: After completing the registration and payment, you can download the MetaTrader 5 (MT5) platform from your dashboard. For those who prefer web-based trading, The 5%ers also offer a WebTrader option that can be accessed directly through your browser.
- Risk Management and Strategy Development: Before trading, familiarize yourself with The 5%ers’ risk management guidelines. You’ll need to adhere to strict rules, such as setting stop losses and managing position sizes. Additionally, The 5%ers provide educational resources to help you refine your trading strategy to meet the challenge profit targets and manage risk effectively.
Once you’re set up, you’ll be ready to start trading and working toward meeting the evaluation criteria for funded status.
Final Verdict on The 5%ers
The 5%ers prop firm offers a diverse set of funding options tailored to various trading styles.
With choices like Bootcamp for gradual scaling, High Stakes for quicker growth, and Hyper Growth for quick funding, they provide pathways to account sizes of up to $4 million, along with attractive profit splits reaching up to 100%.
Their offerings of multiple asset classes, including forex, crypto, and commodities, give traders flexibility to pursue diverse market opportunities.
However, certain aspects could be improved for greater transparency, particularly around pricing details, spread information, and liquidity partners.
Additionally, the $8 commission per round trip might be a consideration for traders who rely on lower-cost trading environments. While their TrustPilot rating is high and highlights strong customer satisfaction, these factors may be limiting for high-frequency traders focused on tighter margins.
Overall, The 5%ers is well-suited for traders who value growth potential, high profit splits, and a variety of trading challenges, although those prioritising clear cost structures and lower commissions may find other options better aligned with their needs.