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The5ers Review: Your Path to Trustworthy Prop Trading

The5Ers Review

In our The5ers review, we’ll talk about one innovative proprietary trading firm. In this wide breakdown, we’ll hop into the company’s core details, legitimacy, trading assets and platforms, fees, Trustpilot feedback, and more. Also, we’ll take a closer look at the High-Stakes Challenge program. Keep reading for more interesting tips!

General information
Name: The 5%Ers Funding Forex Traders & Growth Program
Regulation status: n/a – Forex Prop Firm
Warnings from Financial Regulators: No official warnings
Website link: the5ers.com
Active since 2016
Registered in 14 Haroshet st, Raanaa, Israel
Contact info: [email protected], +44 (20) 8068 0793, 1 (929) 955 5595
Trading platforms: MT5
The majority of clients  Thailand

Vietnam

United States 

Italy

India

Customer support: phone, email, and live chat
Compensation fund: No

The5ers Prop Firm Details

Founded in 2016 by seasoned trader Gil Ben Hur, The5ers is an Israeli-based prop trading firm. The5ers is different as it offers the unique opportunity to trade with the firm’s capital while sticking to transparent and fair trading rules. 

This approach has made The5ers a solid choice for traders seeking an innovative and good trading environment.

The Legitimacy and Safety

There’s one question that interests many – Is The5ers a scam or not? This firm is reliable but not fully legitimate. Many people claim they are operating under the regulation of the International Financial Services Commission (IFSC) of Belize. But this is false, as prop trading firms don’t require regulation. 

The firm’s partnership with LMFX, a reputable broker, can influence its credibility. Still, it’s essential to note that LMFX is regulated by the Financial Services Authority (FSA) of SVG. This jurisdiction does not handle Forex trading. So, this may be somewhat suspicious. 

Note: Uni-co is a big trading scam that you should avoid. Always think about your safety first. 

Trading Assets at The5ers

At The5ers, traders have access to a great deal of financial instruments, including Forex, stocks, and commodities. This is a solid range of options for everyone! 

The specific assets offered may vary based on the trader’s selected program. Keep that in mind.

Note: The Tradingweb broker is a big trading deception that hides its real location. Traders should beware!

Trading Platforms Available

At The5ers prop firm, you’ll find the popular MetaTrader 5 (MT5) platform. MT4 and MT5 are well-liked by 80% of everyday traders because they are easy to use, support various trading styles, and come with lots of charts, indicators, and other useful tools.

MT4 and MT5, in particular, are known for their modern interfaces, making trading straightforward for everyone. They can adapt to different trading strategies, whether you’re a quick scalper or prefer longer-term investments. Plus, they offer plenty of charts and indicators that help you understand what’s happening in the market.

MT5, as an upgraded version of MT4, adds even more advanced tools and technical indicators, making it even more attractive to traders. As you can see, these platforms are relatively popular, with many traders choosing them.

In short, by offering MT5, The5ers assures that you have access to a platform that’s easy to use and packed with features, which is what most traders prefer.

Trading Environment & Programs

At the5ers.com, you can choose from different programs with fees based on your account size and type. Here’s a breakdown:

  • Hyper Growth Program: Fees range from $260 to $850 for instant funding.
  • High-Stakes Challenge: Costs vary from $39 to $495 for a two-step evaluation.
  • Bootcamp Program: Enrollment fees start at $95.

And what is The5Ers leverage? After successfully completing challenges, you can access live trading stages with scaling opportunities, up to 100% profit sharing, and a maximum leverage of 1:10. And it’s good to know that you can manage up to 3 accounts.

Also, no extra subscription fees apply, but meeting trading objectives is key to growing your account. Remember that. 

Safety Tip: Avoid suspicious brokers and go for those with Tier 1 regulations for a safe trading experience.

The High-Stakes Challenge (Evaluation Program)

The High-Stakes Challenge is for trained clients worldwide, offering many opportunities for sure. You start with a demo account, meeting criteria like a 10% profit target, three profitable days, and avoiding daily losses to become a funded trader.

Account sizes range from $5,000 to $100,000, potentially scaling to $1 million based on performance. What’s more, passing the 40K Trading Evaluation can give you access to a funded account.

All in all, The High-Stakes Challenge is a solid program for all traders seeking growth and rewards.

Tip: Note that The5Ers instant funding program is outstanding as there is no time pressure.

Withdrawal and Funding Methods

What about the The5ers payout options?  The firm offers traders a number of payment options, including PayPal, Payoneer, Coinbase, Revolut, and Wire Transfer

As you can see, all of these are widely popular and safe payment options. This broad selection guarantees traders flexibility when it comes to withdrawing their profit. Still, they could also include wallets like Skrill and Neteller, for even more opportunities. 

Note: VerifyFX is a cyber con artist that we should stay away from. They are entirely suspicious and unregulated. 

Trader Analysis on Trustpilot

The5ers earns an impressive 4.8-star rating on Trustpilot, showing its reliability and dedication to traders. This high rating is a strong indicator of their commitment to customer satisfaction. This is a fact!

We always advise traders to choose companies with Trustpilot ratings of 4.5 stars or higher for a safe trading experience.

Can I Make Money From Online Trading?

Online trading indeed holds the potential for profitability. Nevertheless, it truly needs a combination of knowledge and the right means. To help traders, our team of experts offers gratis consultations to assist in trading decisions. Likewise, we’re introducing our AI Analysis Bot, a cutting-edge tool planned to simplify research and boost your trading decisions. Rather than relying only on instinct, our bot uses advanced predictions to provide valuable insights.

By taking part in our upcoming launch, you can enjoy an exclusive 20-day free trial, inclusive of 5 FX analysis reports and 5 stock analysis reports per month. This free plan is an invaluable resource for those looking to gain a practical edge in their trading initiatives.

All in all, The5ers stands as a solid and resourceful choice for those who prefer proprietary trading. Prioritizing safe and popular firms is crucial for a secure trading environment, remember that. Besides, consider exploring our AI Analysis Bot to boost your trading in general. Remember, we are here to help! 

FAQs

Is The5ers Legit?

Yes, The5ers is a legitimate prop trading firm founded in 2016 by trader Gil Ben Hur.

Is The5ers Trustworthy?

This firm maintains a 4.8-star Trustpilot rating, so evidently traders love it.

How do I withdraw from The5ers?

The5ers has many payment options, including PayPal, Revolut, Payoneer, Coinbase, and Wire Transfer.

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