The5ers Review

We present today a review of The5ers, one of the most popular prop trading firms of recent times. Given the many questions we have received about it, we decided to delve deeper and structure this comprehensive and accessible guide. For those unfamiliar, a prop trading firm is a system that allows you to obtain funds from external companies to manage in your own online trading activities.

In exchange, the company usually retains a percentage of any profits generated. Let's try to understand more, evaluating a rapidly growing reality that is attracting traders from all over the world.

Is The5ers a Scam or Reliable?

Does it really work? It cannot be considered a pure trading broker, as its business is based on other types of activities.

For beginners with no experience, it is still possible to start investing in financial markets immediately, using many other alternative services, such as Copy Trading. This allows you to select (at your discretion) other real traders, set the amount, and then get the same transactions (the same openings, closings, and portfolio changes) as the chosen traders (even starting from a free demo account).

🏷️ What is it:	Prop trading
💰 Minimum deposit:	From $39
📊 Supported assets:	Forex / Commodities / Indices / Cryptocurrencies / Stocks
📌 Leverage:	Available
⭐ Opinions and reviews:	7.8 out of 10

What is The5ers?

The5ers is a private equity company that offers funding programs for traders specializing in Forex, metals, indices, commodities, and cryptocurrencies. Founded by industry professionals, the platform aims to create an open environment for the professional development of traders, providing capital growth plans and the opportunity to earn profits based on one's skills and abilities (always considering the risk component).

Traders can access accounts funded directly by The5ers, starting to trade with real capital from day one. The platform offers a growth plan that allows traders to increase their capital up to $4 million, with the possibility to double their account at each milestone reached. Traders have access to educational resources, webinars, and a community to share ideas and strategies.

The company welcomes traders of all styles, including scalpers and swing traders, with no restrictions on trading style. To participate in the program, you can apply directly on the official website, where you will find all the information, including fees and potential costs. Registration is also supported for traders from various countries worldwide.

How Does The5ers Work?

The operation of The5ers is actually very simple and intuitive. To participate in the program, you can select different programs at your discretion and based on the goals you hope to achieve. Each program, however, has an entry fee, which must be considered in the overall evaluation. Here are the different types of programs currently available:

Hyper Growth Program

• Designed for experienced traders who want to trade with real capital from day one.
• Opportunity to double your account every time you reach a 10% profit target, allowing growth based on your abilities.
• No time limits to reach targets, allowing you to trade at your own pace.
• Capital growth: account doubles every time a 10% profit is achieved.
• Profit withdrawal: possible from the first target reached.
• Profit distribution: up to 100% of profits belong to the trader.
• Leverage: 1:30.
• Maximum loss: 6% of the initial account balance.
• Daily suspension: if daily loss reaches 3%, the account is suspended until the next day.

High Stakes Program

• Designed for traders seeking high risk and high reward opportunities.
• Two-stage evaluation with no time limits, requiring traders to demonstrate their skills to obtain a funded account.
• First stage: 8% profit target; second stage: 5% profit target.
• At least 3 profitable trading days required in each stage.
• Profit distribution: up to 100% of profits belong to the trader.
• Maximum daily loss: 5% of account balance.
• Maximum overall loss: 10% of account balance.

Bootcamp Program

• Ideal for traders who want to demonstrate consistency and discipline with a low initial investment.
• Three challenge phases on demo accounts, designed to assess consistency and profitability.
• Low initial fee; the balance is paid only after successfully completing all phases.
• After completing the three phases, the trader receives a funded account and starts trading with real capital.
• Leverage: 1:10.
• Risk management: Mandatory stop-loss with a maximum risk of 2% per trade.
• Trading during news: Allowed during economic announcements.
• Profit withdrawal: possible 14 days after obtaining the funded account, with payments every two weeks.

The5ers Trading Platform

Unlike other prop trading firms, which allow trading on various online platforms (including proprietary ones), The5ers only offers MetaTrader 5. This is one of the best investment platforms available, also used by professional brokers authorized to operate in the EU.

With MetaTrader 5 associated with The5ers, you can access a range of interesting tools and features, such as real-time chart analysis, hundreds of technical tools, the ability to create expert advisors, and set up trading bots. A demo version is also available for some programs, useful for getting familiar with the features and testing strategies without limits.

The5ers Costs and Fees

The5ers offers several funding programs for traders, each with a specific cost structure. Generally, there are no hidden or recurring fees; costs are clearly defined and vary depending on the chosen program.

• Hyper Growth Program: Initial cost from $260; trading commissions: spreads from 0.2 pips on major pairs (EUR/USD, GBP/USD, USD/JPY), $4 per standard lot (round trip); overnight swaps applied daily for positions held overnight.
• High Stakes Program: Initial cost from $39; trading commissions and spreads similar to Hyper Growth; overnight swaps applied daily.
• Bootcamp Program: Initial payment: $95 for a $100,000 account; $225 for a $250,000 account; trading commissions and spreads in line with other programs; overnight swaps applied daily.

Available Markets

With The5ers, you can access a large number of financial instruments, allowing for broad portfolio diversification:

• Stocks: Shares of the world's largest companies, both on US and other exchanges.
• Commodities: A more limited selection compared to major brokers, but still satisfactory.
• Stock Indices: Allow diversified exposure to the stock market through baskets of stocks.
• Cryptocurrencies: Limited compared to professional exchanges, but includes some major coins.
• Forex: One of the most liquid and traded markets, also in the prop trading sector.

Registration and Login

To register:

• Go to the official page and select one of the three programs.
• Click on the registration button to open the account creation screen, where you must enter your name, surname, and email address.
• Fill out the form and verify your email address to complete registration and proceed based on the selected program.

Login is just as quick and intuitive: enter your email and password on the official page to access the operational dashboard.

Opinions and Reviews

Reviews and opinions on The5ers are generally quite positive, with many users highlighting the variety of programs and low commissions. The possibility to access prop firm programs with only a few dozen euros is also appreciated. Negative feedback focuses on the limited number of financial instruments and the availability of only one trading platform (MetaTrader 5).

On TrustPilot, The5ers has a rating of 4.9 out of 5, based on over 12,000 reviews, indicating a very high level of customer satisfaction.

Pros and Cons

🟢 Pros	🔴 Cons
Several programs to choose from	Number of financial instruments could be higher
Multiple languages supported	Only one trading platform (MetaTrader 5)
Lower minimum deposits than other prop firms
Programs available to help grow your skills

Conclusion

The5ers is a solid prop firm offering funding opportunities for traders with different levels of experience. The programs vary in risk, capital growth, and performance requirements, allowing traders to choose the one best suited to their style. The profit-sharing policy of up to 100% is competitive, although the risk management rules may be restrictive for some. Initial costs are clear and transparent, though they can be high for larger accounts.