The 5%ers Review

Challenge Account Types

The 5%ers offer four main challenge types with their Bootcamp, High Stakes, Hyper Growth, and Stock Trading programs.

Each has different trading rules, evaluation processes, and is suited to different prop trading styles:

1. Bootcamp: A 3-step evaluation process with low upfront fees, unlimited time to pass, and up to 100% profit share. Best for traders seeking a low-risk, gradual entry into prop trading.
2. High Stakes: A 1-step evaluation offering higher-risk, higher-reward trading accounts. Ideal for experienced traders looking for quick scaling and larger payouts.
3. Hyper Growth: Instant funding with no evaluation phase. Perfect for traders seeking rapid growth with high leverage, offering the potential to scale up to $4M.
4. Stock Trading: A 2-step evaluation tailored for day and swing traders with no PDT restrictions, providing flexibility and scalability in stock markets.

Bootcamp Challenge

The 5%ers Bootcamp program is a 3-step evaluation process designed for traders looking to prove their skills with minimal upfront costs. The challenge is structured to allow traders to pay most of the fee only after successfully completing all steps, making it an attractive option for those who want to reduce their financial risk.

• Account Sizes: $20,000, $100,000, $250,000
• Profit Target: 6%
• Max Loss: 5% (4% in the funded stage)
• Profit Share: Up to 100%
• Time Limit: Unlimited

Bootcamp Evaluation Process

1. Step 1: In phase 1 you start with a smaller balance ($5,000, $75,000, or $150,000, depending on the chosen account size) and aim to reach a 6% profit target. You face a 5% max loss limit and are required to demonstrate consistency in risk management.
2. Step 2: Once the profit target is reached, you advance to the second stage with a higher balance. The trading rules remain the same, with a 6% profit target and 5% max loss.
3. Step 3: After completing Step 2, you reach the final evaluation phase before joining the funded program. The account size increases again, and traders must meet the 6% profit target under the same risk management rules.

Upon successful completion of all three phases, you can start funded trading with a 100% profit share and are subject to a 4% max loss in the funded stage. The Bootcamp Challenge offers unlimited time to pass, providing flexibility and reducing pressure on traders.

The Bootcamp Challenge is ideal for traders who prefer a low-risk, gradual approach to prop trading, with the ability to scale their account and receive full profit splits upon successful completion.

Bootcamp Scaling Plan

The High Stakes Challenge also offers a growth program which allows for scaling with each 5% profit target hit. The first payouts start at 50% but can increase to 75% and eventually 100%, depending on the account size and performance. This structure supports aggressive growth for traders aiming to handle higher account balances.

• Starting Account: $5,000, $20,000, $60,000, or $100,000
• Scaling: 5% or 10% profit targets for scaling
• Profit Share: 50%-100%, scaling with performance

High Stakes Challenge

The 5%ers High Stakes Challenge is a 1-step evaluation process designed for traders seeking higher-risk, higher-reward opportunities. The challenge provides the potential for rapid account scaling and larger payouts, with low entry costs and flexible trading conditions.

• Account Sizes: $5,000, $10,000 $20,000, $60,000, $100,000
• Profit Target: 8% to 10%
• Max Loss: 10%
• Profit Share: Up to 100%
• Time Limit: Unlimited

With the one step evaluation process, traders start with a funded account size between $5,000 and $100,000. To pass, traders must achieve a profit target of 5% to 10%, depending on the chosen account size. The evaluation includes a 10% max loss limit and a 5% max daily loss to ensure proper risk management.

This challenge suits traders looking for higher stakes with flexible trading periods and significant profit potential. It offers a more aggressive path for experienced traders who can handle larger drawdowns while aiming for bigger payouts.

High Stakes Scaling Plan

The High Stakes Challenge also allows for scaling with each 5% profit target hit. The payout ratio starts at 50/50 but can increase to 75/25 and eventually 100%, depending on the account size and performance. This structure supports aggressive growth for traders aiming to handle higher account balances.

• Starting Account: $5,000, $20,000, $60,000, or $100,000
• Scaling: 5% or 10% profit targets for scaling
• Profit Share: 50%-100%, scaling with performance

Hyper Growth (Instant Funding)

The 5%ers Hyper Growth Challenge provides instant funding, making it one of the fastest ways for traders to access capital. Designed for those who want to rapidly grow their account, this challenge eliminates the need for a lengthy evaluation phase and offers immediate access to a funded account. It provides the potential to scale up to $4M in funding, as discussed in the next section, with generous profit splits and bonuses along the way.

• Account Sizes: $10,000, $20,000, $40,000
• Profit Target: 10%
• Max Loss: 6%
• Profit Share: Up to 100%
• Time Limit: Unlimited

This challenge is perfect for experienced traders looking for rapid growth, offering high leverage (1:30), unlimited time to meet targets, and the ability to grow accounts up to $4M, making it one of the most flexible and rewarding challenges available.

Hyper Growth Scaling Plan

The Hyper Growth Challenge offers one of the most significant scaling opportunities, enabling prop traders to scale their account size up to $4M. With each 10% profit target met, traders double their account size. Profit shares can start at 50% and go up to 100%, and each level offers bonuses on top of the profit splits.

• Starting Account: $10,000, $20,000, or $40,000
• Scaling: Double your account with every 10% profit target reached
• Profit Share: Up to 100%
• Potential Account Growth: Up to $4M

Stock Prop Trading Challenges

The 5%ers Stock Trading Challenge is ran through Trade the Pool and offers day and swing trading accounts for traders looking to prove their skills in the stock market. This challenge allows for trading without PDT (Pattern Day Trader) restrictions, making it suitable for traders seeking more flexibility.

Day Trading

The 5%ers Day Trading Challenge is designed for traders who want short-term exposure with specific profit targets and time constraints. Each account has a set buying power and traders must meet the profit target within 45 days to advance.

• Account Sizes: $20,000 to $160,000
• Profit Target: 5% to 8%
• Max Loss: $900 to $3,900
• Profit Share: 50% to 70%
• Time Limit: 45 days

Swing Trading

The 5%ers Day Trading Challenge is designed for traders who want short-term exposure with specific profit targets and time constraints. Each account has a set buying power and traders must meet the profit target within 45 days to advance.

• Account Sizes: $3,000 to $24,000
• Profit Target:5%
• Max Loss: $900 to $3,900
• Profit Share: 50% to 70%
• Time Limit: 100 days

Stock Trading Scaling Plans

The Stock Trading Challenge offers multiple scaling options for funded traders who achieve every 10% profit target. Each scaling plan is designed to increase buying power (BP) and daily pause limits as traders progress, ensuring higher capital and more flexibility as they grow.

• Buying Power (BP): The account balance increases by the set BP amount for each plan once the 10% profit target is reached.
• Daily Pause: This is calculated as 1% of the new target. For example, if you reach a $2,000 target in a Mini BP account, your new daily pause limit would be $320.

Trading Rules

The 5%ers prop firm has strict trading rules to ensure traders follow risk management practices and avoid high-risk behaviors. These rules apply across all challenge types, including Bootcamp, High Stakes, Hyper Growth, and Stock Trading challenges.

1. Stop Loss Requirement: A stop loss must be set for every position. The risk per trade must not exceed 2% of the account balance. Violating this rule is considered a risk violation.
2. Risk Violations: Opening positions without a stop loss or risking more than 2% of the account balance in a single trade leads to a violation. If a trader accumulates 5 violations, the account is terminated.
3. Max Loss and Daily Pause: Each account has a set maximum loss limit, with daily pause allowances that prevent further trading after reaching the pause limit. The next trading day begins at 00:00 MT5 server time.
4. Leverage and Margin: All accounts are subject to a leverage of 1:10 (or 1:30 for Hyper Growth), ensuring traders do not over-leverage their positions. Margin requirements are applicable and should be closely monitored.
5. News Trading: Trading during high-impact news events is allowed, except for specific strategies like bracketing around news events.
6. Holding Trades: Holding trades overnight and over the weekend is permitted, but traders should note that holding Indices over the weekend incurs higher swap rates.
7. Inactivity Rule: Accounts that remain inactive for more than 30 consecutive days will be closed. This encourages traders to stay active while managing their risk responsibly.
8. Multiple Accounts: A trader can hold up to three active accounts, including one $250K account and two $100K accounts. However, each account must have a different trading method.

Verdict on Challenge Accounts

The 5%ers offer varied challenges for different trading needs, from gradual scaling to rapid growth. While these options provide flexibility, the strict rules and higher fees may limit appeal for traders focused on lower-cost structures.

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Spreads and Commission Fees

The 5%ers have relatively higher commission fees compared to other prop firms, and 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 available data, spreads on major currency pairs such as EUR/USD, GBP/USD, and USD/JPY typically range from 0.2 to 0.9 pips during normal market conditions.

However, the lack of transparency around minimum and average spreads across different market environments leaves some uncertainty for traders, especially those relying on consistent pricing.

Commission Fees

The 5%ers charge a $4 commission per Standard Lot (round trip) on Forex trades, which is higher compared to other prop firms like IC Funded, which offer lower commissions and tighter spreads.

For traders with high-volume strategies, this higher commission could impact overall profitability.

This table highlights that The 5%ers have a slightly higher commission fee compared to competitors like IC Funded, Blueberry Funded, and FTMO, all of which charge $3.50 per standard lot.

CTI offers the lowest commission fee at $2.50, making it potentially more attractive for traders looking to minimize their trading costs.

Verdict Commissions and Pricing

The 5%ers’ higher commission fees and limited spread transparency may impact profitability for traders focused on cost-efficiency. While spreads on major pairs seem competitive, the lack of detailed information could be a drawback for those relying on consistent pricing data.

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

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.

In the Bootcamp and High Stakes challenges, leverage is set at 1:10, giving traders a moderate level of risk while maintaining control over their positions.

For the Hyper Growth challenge, leverage is higher at 1:30, allowing for greater potential returns but also increasing the need for disciplined risk management. This higher leverage is ideal for experienced traders who can manage larger positions effectively.

In the Stock Trading Challenge, leverage varies based on the asset traded, offering traders enough flexibility to balance risk across different market conditions.

Verdict on Markets and Leverage

The 5%ers offer a balanced selection of 38 trading instruments across forex, commodities, indices, and crypto, catering to varied trading strategies. Leverage options range from 1:10 to 1:30, providing flexibility but requiring careful risk management, especially for high-leverage challenges like Hyper Growth.

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Trading Platforms

The 5%ers offer access to MetaTrader 5 (MT5) as their primary trading platform. MT5 is widely recognized for its advanced features, making it suitable for both beginner and experienced 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.

Verdict on Trading Platforms

The 5%ers provide access only to MetaTrader 5 (MT5), which, while feature-rich, may limit traders who prefer other platforms. Though MT5 offers advanced charting and tools, the lack of platform options could be restrictive for those used to different trading software.

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.

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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 during the following office hours: Sunday through Thursday from 07:00 to 15:00 GMT, and on Fridays from 07:00 to 12:00 GMT.

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

Despite the lack of transparency regarding liquidity providers, The 5%ers have a TrustScore of 4.9 out of 5 based on over 7,000 reviews on TrustPilot. Most of the feedback highlights efficient support, clear communication, and a smooth process for account setup and milestone achievements.

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.

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.

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How to Sign Up with The 5%ers

Signing up with The 5%ers is a straightforward process.

Here’s how to get started:

1. 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.
2. Select Program: Once registered, log in and choose the prop challenge that best fits your trading style (e.g., Bootcamp, High Stakes, Hyper Growth, or Stock Trading). Each program has unique rules, profit targets, and fee structures.
3. 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.
4. Billing Information: Provide your billing details for the challenge fee. The cost varies depending on the challenge and account size you select.
5. Review and Pay: Review your program selection, currency, funding option, and payment details. Once confirmed, proceed to payment to officially begin the evaluation process.
6. 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.
7. 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 instant 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, stocks, 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.

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