The5ers

The5ers Introduction

The5ers is a proprietary trading firm that provides traders with the opportunity to trade using the firm’s capital. Founded in 2016 and headquartered in Israel, The5ers has established itself as a prominent player in the prop trading industry.

The5ers stands out for its unique funding programs designed to identify and support trading talents. The firm offers various programs tailored to different trading levels and styles, including the Hyper Growth, High Stakes, and Bootcamp programs. Traders can manage accounts up to $4,000,000 and enjoy a profit split of up to 100%.

The5ers is committed to providing exceptional trading conditions and a supportive community for its traders. The firm offers resources such as a trading room, webinars, real-time trading, and 1-on-1 performance coaching to help traders succeed.

With a focus on transparency, flexibility, and trader growth, The5ers aims to create a platform where traders can thrive and achieve their financial goals.

The5ers Programs

The5ers is a proprietary trading firm that offers three distinct programs designed to cater to traders at different levels of experience and ambition: the High Stakes program, the Bootcamp program, and the Hyper Growth program. Each program has its unique features and benefits, providing traders with opportunities to grow their trading skills and capital.

High Stakes Program

The High Stakes program is a high-risk, high-reward challenge designed for experienced traders who are confident in their trading abilities. This program consists of two evaluation phases. Traders must demonstrate their skills by achieving specific profit targets in each phase to qualify for funding.

Key Features:

Two Evaluation Phases: Traders need to complete two phases, each with its profit target. Phase 1 requires an 8% profit target, while Phase 2 requires a 5% profit target.

Maximum Loss: The maximum drawdown allowed is 10% of the initial balance, with a daily drawdown limit of 5%.

Profit Split: Successful traders can enjoy a profit split of up to 90%.

Unlimited Time: Traders have unlimited time to complete the evaluations.

Funded Account: Once the evaluations are passed, traders receive a funded account with the ability to withdraw profits every 14 days.

The High Stakes program is ideal for traders who are looking for a challenge and are willing to take on higher risks for potentially higher rewards.

Bootcamp Program

The Bootcamp program is designed for traders who are new to proprietary trading or those who want to prove their skills with a lower entry cost. This program allows traders to demonstrate their trading abilities through a series of demo trades before moving on to a funded account.

Key Features:

Low Entry Cost: The Bootcamp program has a low entry cost of $95, with the majority of the fee paid upon successful completion.

Three Challenge Phases: Traders must complete three challenge phases on a demo account, each with its profit target and maximum loss.

Profit Split: Successful traders can enjoy a profit split of up to 100%.

Unlimited Time: Traders have unlimited time to complete the challenge phases.

Funded Account: Once the challenges are completed, traders receive a funded account with the ability to withdraw profits every 14 days.

The Bootcamp program is perfect for traders who want to test their skills with minimal financial risk and have the opportunity to scale up their accounts as they progress.

Hyper Growth Program

The Hyper Growth program is designed for experienced traders who want to trade live from day one. However, it’s not a straight funded account right away. Instead, traders start with a demo account and must complete the first stage to move on to a funded account.

Key Features:

Demo Account: Traders begin with a demo account and must achieve a 10% profit target.

Profit Split: On the demo account, traders keep 50% of the profits made.

Funded Account: Once the first stage is completed, traders receive a funded account and can keep 100% of the profits.

Growth Potential: Traders can grow their accounts up to $4,000,000.

Daily Pause: A daily pause of 3% is applied, but traders can continue trading the next day.

Unlimited Time: Traders have unlimited time to reach their profit targets.

Bonuses: Traders receive bonuses for each milestone achieved.

The5ers Rules

General Rules

Profitable Days: Traders need to have at least 3 profitable trading days to pass the evaluation phases.

Maximum Drawdown: The maximum drawdown allowed is 10% of the initial balance, with a daily drawdown limit of 5%.

Daily Pause: A daily pause of 3% is applied, but traders can continue trading the next day.

Inactivity: Accounts without trading activity for more than 30 consecutive days will expire.

Withdrawals: Traders can withdraw profits every 14 days once they pass the evaluation phases.

News Trading

Allowed: Holding open trades over high-impact news is allowed.

Restrictions: Executing any order (market buy, market sell, buy stop, sell stop, buy limit, sell limit) 2 minutes prior or after high-impact news in the related currency or index is prohibited.

Profitable Days

Definition: A profitable day is a day on which the closed positions made a positive profit of at least 0.5% of the initial balance.

Example: For an account size of $100,000, you need to close the day with a minimum of $500 net profit.

IP Rules

Multiple IPs: Multiple IP addresses and device logins are allowed if they are in the same location.

Simultaneous Use: Trades must not be made from two different IP addresses at the same time.

Prohibited Trading Practices

Arbitrage Trading: Exploiting price discrepancies or glitches within different markets of similar or identical assets is forbidden.

High-Frequency Trading: Using sophisticated algorithms to execute thousands of trades within milliseconds is prohibited.

Bracketing Strategy: Opening pending orders around high-impact news is not allowed.

Exploiting System Errors: Taking advantage of inaccuracies in price display or delays in updating is forbidden.

Trade Coordination: Coordinating trades with other traders or accounts is prohibited.

One-Sided Bets: Consistently taking positions in one direction without proper analysis is not allowed.

The5ers Scaling plan

High Stakes Program

The High Stakes program is designed for experienced traders who are confident in their trading abilities and are looking for high-risk, high-reward opportunities. The scaling plan for the High Stakes program provides traders with the chance to increase their funding and profit split as they meet specific profit targets.

Scaling Plan:

Initial Stage: Traders begin with a funded account and aim to achieve three profitable days and a 10% profit target.

Scaling Up: Each time traders reach the 10% profit target and meet the profitable days requirement, they receive a 50% increase in funding from the firm.

Account Growth: Accounts can scale up to a maximum of $500,000.

Profit Split: Traders can enjoy a 100% profit split as they scale up their accounts.

Fixed Payout Increase: Starting from a $350,000 account, traders receive a fixed payout increase of $4,000. At the $500,000 max allocation, traders get a $10,000 payout increase with each payout.

The High Stakes program is ideal for traders who are looking to challenge themselves and are willing to take on higher risks for potentially higher rewards.

Bootcamp Program

The Bootcamp program is designed for traders who are new to proprietary trading or those who want to prove their skills with a lower entry cost. The scaling plan for the Bootcamp program allows traders to increase their account balance and profit split based on their performance.

Scaling Plan:

Initial Stage: Traders start with a demo account and must complete three challenge phases to receive a funded account.

Scaling Up: Each time traders reach a 5% profit target, they can scale up their account by 25%.

Account Growth: Accounts can scale up to a maximum of $4,000,000.

Profit Split: Traders can enjoy a 100% profit split as they scale up their accounts.

No Profitable Days Rule: Unlike the High Stakes program, there is no requirement for a certain number of profitable days in the Bootcamp program.

The Bootcamp program is perfect for traders who want to test their skills with minimal financial risk and have the opportunity to scale up their accounts significantly.

Hyper Growth Program

The Hyper Growth program is designed for traders who want to skip the evaluation phase and start trading with a demo account immediately. The scaling plan for the Hyper Growth program offers traders the chance to double their account balance each time they achieve a specific profit target.

Scaling Plan:

Initial Stage: Traders begin with a demo account and must achieve a 10% profit target.

Scaling Up: Each time traders reach the 10% profit target, their account balance is doubled.

Account Growth: Accounts can scale up to a maximum of $4,000,000.

Profit Split: Traders can enjoy a 100% profit split as they scale up their accounts.

No Profitable Days Rule: There is no requirement for a certain number of profitable days in the Hyper Growth program.

The Hyper Growth program is ideal for traders who want to rapidly increase their trading capital and have the potential to achieve significant growth.