The5ers
The5ers launched in 2016 and has been around long enough to have a real track record — which is more than most firms on this list can say. No major payout scandals, clean community sentiment, and a $4M max allocation that sounds impressive until you realise getting there requires passing multiple scaling phases that most traders never complete. Solid firm. Just don't get too excited about the headline numbers.
(14% of complaints)
Who Is This Firm For?
About The5ers
The product lineup covers forex, indices, commodities, crypto, futures, and metals — one of the broader asset coverages in the industry. Maximum allocation of $4M sounds like a headline number, and it is, but the scaling path to get there is structured and documented rather than vague. The evaluation is a 1-step structure with a 6% profit target and a 30% consistency rule — demanding but not designed to trip you up.
US clients accepted. Low hidden rules score. No major structural changes applied retroactively to existing accounts. For a firm in an industry where "still operating after five years" is a meaningful differentiator, The5ers has earned the right to be taken seriously.
- Founded
- 2016
- Max Allocation
- $4,000,000
- Leverage
- 1:30
- Commissions
- $3/lot
Pros
- - $4M scaling path — real ceiling reached by real traders, 25% increase every 4 months
- - 4.8/5 on Trustpilot across 25,335 reviews — 10 years of consistent operations
- - Hidden Rules Meter 1.8/10 — transparent ruleset across all three models
- - Three distinct models covering different trading styles and risk tolerances
- - Weekend holding allowed on all models
- - Copy trading from verified external accounts allowed with 1 month trading history
Cons
- - Mandatory video interview — 5-day deadline, missing it cancels all payouts and closes accounts
- - High Stakes restricts news trading within 2 minutes before/after high-impact events
- - Bootcamp: 5 risk violations trigger automatic termination — strict enforcement
- - EAs must be custom and owned — no marketplace EAs, no shared strategies
- - Above $500K under management: same trades across accounts no longer permitted
- - US residents cannot use MetaQuotes platforms — alternative required
Rarely had disconnects
Discord community is active and helpful. Staff hop in occasionally to answer questions which is a nice touch.— Verified Trader (AlphaTrader) See all reviews
Choose your model before you pay — Hyper Growth, High Stakes and Bootcamp have meaningfully different rules on news trading, drawdown and minimum requirements. If you use an EA, confirm you own the source code. Watch for the video interview request — you have 5 business days to respond and missing it ends everything.
Trading Conditions
Drawdown System
- Hyper Growth: 4% daily, 8% max — Static
- High Stakes: 3% daily, 6% max — Static
- Bootcamp: 3% daily pause (funded stage)
- Bootcamp: SL mandatory within 3 minutes of opening every position
- Bootcamp: SL must not risk more than 2% per position
- Bootcamp: 5 risk violations = automatic account termination
High-Frequency & Fast Trading
- Not Allowed:
- HFT — majority of trades lasting seconds or less
- Tick scalping
- Latency arbitrage
- Reverse and hedge arbitrage
- Bracket strategies around high-impact news — all models
- Third-party EAs or EAs shared with other traders
- EAs without owned source code
Low Liquidity & Timing
- Hyper Growth: news trading allowed — bracket strategies prohibited
- High Stakes: no trading 2 minutes before/after high-impact news and speeches
- Bootcamp: news trading allowed — bracket strategies prohibited
- Weekend holding: allowed on all models
- High Stakes: profitable day defined as 0.5% of initial balance from closed positions
- High Stakes: 3 profitable days required before payout request
Loss-Chasing & Gambling
- Not Allowed:
- One-sided bets
- Trade coordination with other traders or accounts
- Account sharing or reselling
- Trading on behalf of others including signal services
- Using The5ers account as part of a business arrangement
- Copy trading between two Bootcamp accounts
- Same trades across accounts above $500K under management
Risk Management
- Copy from external accounts: minimum 1 month verified trading history in HTML format required
- Mandatory video interview: 5-day scheduling deadline — failure cancels payouts and closes accounts
- EA must be custom, owned by trader, with SL on every position
- Third-party EAs and shared strategies: strictly prohibited
- US residents: MetaQuotes platforms not available — alternative platforms required
- Above $500K managed capital: same-trade replication across accounts prohibited
The 5%ers - Forbidden Trading Practices
- Arbitrage trading — exploiting price discrepancies across markets
- High-frequency trading — majority of trades lasting seconds or less
- Bracket strategies around high-impact news
- Tick scalping
- Hedge & reverse arbitrage
- Account sharing or reselling
- One-sided bets
- Trade coordination with other traders or accounts
- Using software that gives an unfair advantage
- Trading on behalf of others — including sharing incentives as part of a business arrangement
That last point is worth noticing. If you're running a signal service or teaching others how to trade using your The5ers account, that's a termination reason. The account is personal, not a business tool.
News Trading
The difference between models matters here — & it's large enough to affect your model choice if news trading is part of your strategy.
- Hyper Growth & Bootcamp → allowed, except bracket strategies — opening buy & sell stops close to the price before high-impact news is prohibited
- High Stakes → prohibited within 2 minutes before and after high-impact news & speeches
Side note: bracket strategies are prohibited across all models — "we've seen this trick before" is essentially what that rule says, politely.
Expert Advisors
Allowed — but the conditions are stricter than the headline suggests.
- Must be custom — owned or developed by you specifically
- Stop Loss mandatory on every EA position
- Cannot perform: tick scalping, latency arbitrage, reverse arbitrage, hedge arbitrage
- Cannot use: emulators or copy external signals
- Third-party EAs → prohibited, including EAs where other traders have the same trades open
- EAs where you don't own the source code → prohibited
If your EA strategy involves anything bought off a marketplace or shared with other traders — it doesn't qualify. The5ers want your bot, not someone else's.
Copy Trading
- Between your own The5ers accounts → allowed
- From external accounts into The5ers → allowed, but requires at least 1 month of trading history in HTML format showing your name
- Above $500K under management → taking the same trades across accounts is no longer permitted
- From third parties → strictly prohibited
- Between two Bootcamp accounts → not allowed
You can copy yourself. You can copy your own verified track record. You cannot copy your friends. Once you're managing over $500K, the rules tighten further — at which point you probably have other things to think about anyway.
The Three Models
| Hyper Growth | High Stakes | Bootcamp | |
|---|---|---|---|
| Profit Target | 10% | 8% | 10% |
| Daily Loss | 4% | 3% | 3% daily pause |
| Max Loss | 8% | 6% | — |
| Min Trading Days | None | 3 profitable days | None |
| News Trading | Allowed (no bracket strategies) | Restricted 2 min before/after | Allowed (no bracket strategies) |
| Weekend Holding | Allowed | Allowed | Allowed |
| Max Allocation | $4M | $4M | $4M |
Hyper Growth
The most flexible model — no minimum trading days, news trading allowed & a 10% profit target with an 8% max drawdown. Designed for traders who want to get funded quickly & scale aggressively.
Scaling goes up to $4M — not a marketing number, an actual ceiling traders have reached. Every 4 months, if you generate 10% net profit with at least 2 profitable months, The5ers increases your account size by 25% of the original balance.
High Stakes
The more structured model — 3 profitable days required, tighter drawdown at 6% & news trading restricted within 2 minutes before and after high-impact events.
A profitable day is defined as a day where closed positions generate at least 0.5% of the initial balance. Three of those required before you can request a payout. Specific enough to matter if you're having an inconsistent month.
Bootcamp
The most rules-intensive model & the one worth reading most carefully before you buy:
- Stop loss mandatory on every position — must be set within 3 minutes of opening
- SL must not risk more than 2% of account balance per position
- 3% daily pause applies during funded stage
- 5 risk violations → automatic account termination
- Copy trading not allowed between two Bootcamp accounts
Bootcamp is designed to build discipline — & it will, whether you planned for it or not.
Mandatory Video Interview
This one catches traders off guard.
If The5ers requests a video interview as part of the User Verification Process — you have 5 business days to schedule it. Miss the deadline & all pending payouts are denied, all associated accounts are cancelled & the collaboration ends immediately.
Not a rule most traders read before they pass the challenge.
Final Take
The5ers has spent 10 years building something worth trusting — 4.8/5 on Trustpilot across 25,335 reviews, a Hidden Rules Meter of 1.8/10 & a $4M scaling path that's been reached by real traders.
The model variety means there's something for most trading styles — Hyper Growth for speed & flexibility, High Stakes for structured consistency, Bootcamp for discipline that's enforced rather than suggested.
Read which model you're buying before you pay. The rules are different enough between them that choosing wrong is a trading condition problem, not a bad luck problem.
Hidden Rules Meter: 1.8/10 — Trust Score: 4.4/5 — Trustpilot: 4.8/5.
Restricted Territories
🇦🇫 Afghanistan 🇧🇾 Belarus 🇧🇮 Burundi 🇨🇫 Central African Republic 🇨🇺 Cuba 🇨🇬 Congo Republic 🇺🇦 Crimea 🇨🇩 DR Congo 🇪🇷 Eritrea 🇬🇳 Guinea 🇬🇼 Guinea-Bissau 🇮🇶 Iraq 🇮🇷 Iran 🇮🇱 Israel 🇱🇦 Laos 🇱🇧 Lebanon 🇱🇷 Liberia 🇱🇾 Libya 🇲🇲 Myanmar 🇰🇵 North Korea 🇵🇸 Palestinian Territory 🇵🇬 Papua New Guinea 🇷🇺 Russia 🇸🇸 South Sudan 🇸🇩 Sudan 🇸🇴 Somalia 🇸🇾 Syria 🇻🇺 Vanuatu 🇻🇪 Venezuela 🇾🇪 Yemen
US residents cannot use MetaQuotes Trading Platforms — alternative platforms available.
Features & Support
3-Step Bootcamp
Step 1 6.0%
Step 2 6.0%
High Stakes - Classic
Step 1 8.0%
Step 2 5.0%
3-Step Bootcamp
Step 1 6.0%
Step 2 6.0%
High Stakes - Classic
Step 1 8.0%
Step 2 5.0%
Futures Day Trade
Step 1 6.0%
Step 2 N/A
Futures Swing
Step 1 6.0%
Step 2 N/A
High Stakes - Classic
Step 1 8.0%
Step 2 5.0%
Futures Swing
Step 1 6.0%
Step 2 N/A
Futures Day Trade
Step 1 6.0%
Step 2 N/A
Hyper Growth
Step 1 10.0%
Step 2 N/A
3-Step Bootcamp
Step 1 6.0%
Step 2 6.0%
High Stakes - Classic
Step 1 8.0%
Step 2 5.0%
Hyper Growth
Step 1 10.0%
Step 2 N/A
High Stakes - Classic
Step 1 8.0%
Step 2 5.0%
Hyper Growth
Step 1 10.0%
Step 2 N/A
High Stakes - Classic
Step 1 8.0%
Step 2 5.0%
good for swing traders
honestly just wanted to see if any of these prop firms are legit at all. i breached the daily loss limit on a tilt day, fully my fault, they did nothing wrong. getting verified for a payout needed an id and a selfie, standard stuff, painless. i scaled twice and each bump was a real size jump not some token gesture. i have nothing dramatic to report and honestly that is the highest praise.
worth the eval fee
Long time retail trader, first time messing with a prop firm. the news trading rule confused me at first but the faq actually explains why it exists. the consistency rule is generous compared to the firms that cap you hard. i renewed my challenge this month which is basically my whole review right there. the challenge rules are strict but at least they are written in plain english for once. first withdrawal i was sweating bullets but it came through clean and on time. the kind of firm you forget about because nothing goes wrong, which is the point.
Took My Money And Gave It Back With Interest
My buddy kept hyping these guys up so i gave them a shot. no hidden gotchas on the payout page … what they say is what you actually get. the weekly market recap they send is actually worth reading. their dashboard is genuinely useful, learned stuff about my own trading just looking at it. i held positions over the weekend a bunch of times and never got penalised.
paid on time every time
wanted something with weekend holding allowed so i landed here. i requested a payout three times and all three landed inside the promised window. crypto and wire both supported, i did wire and it hit my bank in two business days. there is a discord and staff actually show up in it occasionally. support replied way faster than my actual broker which is kinda sad when you think about it. four stars, the missing one is just me being picky about the ui.
fair enough
Someone in my discord swore these guys pay fast so here we are. i like that they show your stats in real time instead of a delayed dashboard. support speaks actual english and not copy pasted template answers. there is a discord and staff actually show up in it occasionally. i passed phase one then immediately fumbled phase two before pulling it back in the last week. support answered a dumb question of mine with an actual example instead of a canned reply. got paid, that is the whole review really … everything else is noise.
Not Bad At All
Picked them becuase they were one of teh few that took traders from my country. spreads are fine, nothing crazy, nothing terrible, it is a prop firm not a charity. i tested the live account against the demo with the same setups and it matched. platform was stable the whole time, no random disconnects during news. the profit target on phase one is ambitious but not insane. good enough that i stopped shopping around for alternatives. tbh
would sign up again
wanted lower targets and a calmer ruleset and this fit the bill. the demo and funded feeds matched closely enough that i trusted my backtests. no surprise inactivity fees which i half expected to get hit with. had one weird order rejection and they tracked it to a platform bug and credited me back. minimum trading days felt forced at first but i get it now, it protects both sides. still funded, still profitable, still getting paid, that is the test that matters.
fair rules fast payouts
Grabbed an account during their black friday sale … no regrets really. i had a losing month and they did not nuke my account … just the usual rules applied. i held positions over the weekend a bunch of times and never got penalised. i never had to chase support, they actually closed my ticket the same day. spreads widen a touch on the new york session but still nothing to write home about. sticking with them for now, they earned it.
legit firm
Came over from another firm that shall not be named after they ghosted me. execution during london open is tight enough to scalp if you are into that. the payout actually hit my account in like two days which i did not expect. consistency rule almost got me once because i did not read the fine print, my bad not theirs. fees are reasonable for what you get and the retake discount softens the blow. solid middle of the pack firm that does the boring stuff right.
reliable little firm
came for the cheap eval … stayed for the surprisingly decent payouts. support replied way faster than my actual broker which is kinda sad when you think about it. i had a losing month and they did not nuke my account … just the usual rules applied. slippage outside of high impact news is basically a non issue for me. three payouts deep and still no nasty surprises … that is my whole verdict.
No payout data available for The5ers yet.
