The 5%ers Review – Are They Legit? My Honest Take

The5ers stands out in the prop trading industry as a popular choice. They offer options trading, futures trading and a ton of other features to their traders.

However, are they legit? Can you trust them with your money?

In this review, I’ll help you find the answer:

The5ers Pros and Cons

Pros

• Genuine Accounts
• Outstanding 4.8/5 Trustpilot rating
• Up to $4,000,000 in funding
• Bootcamp with 50% profit share, extendable to 100%
• Fast funding possibilities
• All financing programs have no deadlines.
• Affordable Bootcamp challenge for low-entry
• Permission to trade news
• Overnight and weekend storage is allowed
• Algorithmic trading authorization
• Advanced dashboard with features
• Client-only live trading room
• Bimonthly Withdrawals
• Multiple Challenges
• One-time charge 

Cons

• Conservative 1:10 and 1:30 leverage options
• A stringent 2% stop-loss risk limit applies to 
• Low-risk and $100k Bootcamp accounts
• Only for non-US traders

What are The 5%ers?

The 5%ers, headquartered in London, UK, is a privately held company that provides funding account structures with high-risk or low-risk qualities. Traders can fund their accounts quickly using one of three account sizes: $5,000, $10,000, or $20,000. Furthermore, the account limit can be adjusted to $4,000,000.

Traders are also allowed to participate in the high-stakes, two-step evaluation process. Furthermore, the company provides two options for its Bootcamp challenge model: one with a $100,000 prize and the other with a $250,000 award. This model has a potential growth of $4,000,000. When utilizing MetaTrader 5, traders can employ a third-party program to act as their broker.

The 5%ers, a UK-based corporation, is officially registered and has its headquarters in London. Gil Ben Hur founded Five Percent Online LTD on April 9, 2020, and is the company’s owner. The corporation’s official documentation claims that its headquarters are located at 14 Haroshet St. in Raanana, Israel.

The 5%ers distinguish themselves by providing exceptional chances for career advancement, such as a hyper-growth strategy designed to raise capital and make significant profits. Financial independence is a goal that traders of all backgrounds strive for.

They can generate big profits by managing accounts worth up to $4,000,000. They can even sign up for three accounts at the same time.

Profit shares for traders range from 50% to 100% depending on the funding plan chosen. This incredibly profitable opportunity covers trading indexes, commodities, and FX pairs.  

Gil Ben Hur (Chief Executive Officer) at The 5%ers

The 5%ers is a fundraising and growth program that pioneered an innovative approach to the proprietary trading business industry. Gil Ben Hur is the program’s founder and CEO. He has been a dedicated full-time individual forex trader since 2007 and has extensive trading experience. He is an expert on price action methods and order flow analysis.

Gil Ben Hur has built a great reputation as a trading coach in addition to his trading career. He has also managed portfolios for private investors. He made a huge contribution to the proprietary trading business area in 2016 by establishing The 5%ers.

Individual forex traders all around the world can now trade with more cash thanks to this innovative trading platform. Furthermore, it provides good opportunities for career advancement and expansion.  

Also read: FundedNext Review

The 5%ers Funding Programs and Challenges: Rules and Requirements 

The 5%ers provides traders with a selection of three distinct programs to select from:

• Instant funding program accounts
• High-stake challenge
• Bootcamp program account

1. Instant Funding Program Accounts

Apply For

• $10,000
• $20,000
• $40,000

Evaluating Funding Capital

• $5,000
• $10,000
• $20,000

Evaluation Target

• 10%
• 10%
• 10%

Stop Out

• 6%
• 6%
• 6%

Daily Pause

• 3%
• 3%
• 3%

Profit Split

• Up to 100%
• Up to 100%
• Up to 100%

Time Limit

• 12 Months
• 12 Months
• 12 Months

Leverage

• 1:30
• 1:30
• 1:30

One Time Fee

• $260
• $450
• $850

Bonuses

• From $15
• From $25
• From $50

Traders can skip the assessment process entirely with The 5%ers’ Instant Funding Program and begin earning money right away. It is better to focus just on the 3% daily pause and 6% maximum loss rules. It is critical to remember that level 1 has no specific trading day criteria. Anyone trading with a 1:30 leverage ratio will obtain profit splits ranging from 50% to 100%. 

Also read: FX2 Funding Review

Instant Funding Program Account Scaling Plan

• Level 1
  • Account Balance: $5,000
  • Profit Split: 50%
  • Bonus: $15
• Level 2
  • Account Balance: $10,000
  • Profit Split:
    • 75% (if not starting account size)
    • 50% (if starting account size)
  • Bonus: $50
• Level 3
  • Account Balance: $20,000
  • Profit Split:
    • 75% (if not starting account size)
    • 50% (if starting account size)
  • Bonus: $100
• Level 4
  • Account Balance: $40,000
  • Profit Split: 75%
  • Bonus: $200
• Level 5
  • Account Balance: $80,000
  • Profit Split: 75%
  • Bonus: $400
• Level 6
  • Account Balance: $160,000
  • Profit Split: 75%
  • Bonus: $800
• Level 7
  • Account Balance: $320,000
  • Profit Split: 75%
  • Bonus: $1,600
• Level 8
  • Account Balance: $640,000
  • Profit Split: 80%
  • Bonus: $3,200
• Level 9
  • Account Balance: $1,280,000
  • Profit Split: 100%
  • Bonus: N/A
• Level 10
  • Account Balance: $4,000,000
  • Profit Split: 100%

The accounts I use through the Instant Funding Program have an expandable structure, as seen in the accompanying spreadsheet. To qualify for an account size increase, I only need to meet the sales target set for my existing level of rapid financing.

Another advantage I’ve noticed is that withdrawing funds doesn’t hinder my account’s growth. Once I’ve contributed 10% of the total amount, the account can be scaled.

As an example:

In this account category, the profit aim is 10%.

Anyone can withdraw 50% of their funds after seeing a 4% increase in profits within the first 14 days.

Anyone can increase their earnings by 7% in the next 14 days and withdraw 50% of them once more.

Their account can be scaled up because they not only met but exceeded the 10% profit target, resulting in a cumulative profit of 11%. 

Instant Funding Program Account Rules

• Profit Target: Before completing the evaluation stage, beginning profit withdrawals, or expanding their account, each trader must achieve a predetermined percentage of profit. Throughout the scaling stages, the profit target remains at 10%.

• The Maximum Loss: A trader can only incur an overall loss of 6%, regardless of the size of their account, before their account is considered in violation.

• Daily Pause: Traders can reduce their potential financial losses by using the daily pause feature, which acts as a safety net against large losses. When the daily pause level is reached, any open trades are immediately closed, and the account is inactive until the start of the next trading day. Every account, regardless of size, has a daily pause restriction of 3%.

• Third-Party Copy Trading Risk: When traders utilize copy trading services, they risk duplicating the precise trading approach used by other traders who have joined up for the same third-party service. If you exceed the maximum capital allocation regulation, your withdrawal request or funded account is more likely to be denied.

• Third-Party EA Risk: As with third-party copy trading, utilizing a third-party EA puts consumers at risk of using the same trading method as other EA users. If you exceed the maximum capital allocation limits, your funded account or withdrawal request may be refused. 

2. High-stake Challenge

• Step 1
• Step 2
• High Stakes Trader
• Max Trading Period: Unlimited, Unlimited, Indefinite
• Minimum Profitable Days: 3, 3, 3
• Maximum Daily Loss: 5%, 5%, 5%
• Maximum Loss: 10%, 10%, 10%
• Profit Target: 8%, 5%, 10% for growth
• Cost: $495
• Refund
• Profit Care
• 95% Reward
• 80%-100%

The fundamental goal of The 5%ers high-stakes challenge is to identify traders with outstanding talent and dedication. Traders are rewarded for their steady performance throughout the two-phase review method. Users can trade with a leverage ratio of 1:100 when utilizing the evaluation program account. 

• Account Size: $5,000
  • Price: $39
• Account Size: $20,000
  • Price: $165
• Account Size: $60,000
  • Price: $300
• Account Size: $100,000
  • Price: $495

In the first round of review, traders must achieve an 8% profit target while adhering to the 5% daily loss limitation and the 10% overall loss limit. Before proceeding to phase two, traders must demonstrate that they have had at least three consecutive days of profitable trading in the phase one evaluation account. There is no time constraint for achieving the profit aim.

Traders must meet a 5% profit target while following the restrictions, which include a 5% daily loss cap and a 10% maximum loss during Evaluation Phase Two. The profit target for the phase two assessment account, like the one for phase one, has no specified deadline for completion.

To proceed to a funded account, traders must earn at least three days of positive returns. If traders complete the phase two evaluation, they will receive their account payment returned.

When I completed both evaluation steps, I was granted access to a funded account with a $150 minimum withdrawal threshold. I needed to conform to the rules of no more than a 5% daily loss and a maximum loss of 10%, and both evaluation stages required me to have at least three days of profit. Payments were made every two weeks after I entered my first position into the funded account, with the first payout occurring 14 calendar days later.

The profit distribution was based on the earnings I earned in the funded account, with an 80% allocation to me. By meeting certain scaling level requirements, I could become eligible for additional monthly remuneration and a profit split increase of up to 100%.

High-stake Challenge Scaling Plan

To qualify for the next account level in the high-stakes challenge, participants must achieve a 10% profit target. This difficulty also includes a scaling strategy. Every pay month, traders can scale their accounts, allowing them to gradually grow the size of their accounts.

Another advantage of withdrawals is that they do not impede the account from scaling. Scaling eligibility needs cumulative profits to exceed the 10% profit threshold.  

• HS-$5,000
  • Balance Target: $5,500
  • Payout Ratio: 80%/20%
• $7,500
  • Balance Target: $8,250
  • Payout Ratio: 80%/20%
• $10,000
  • Balance Target: $11,000
  • Payout Ratio: 80%/20%
• $12,500
  • Balance Target: $13,750
  • Payout Ratio: 80%/20%
• $15,000
  • Balance Target: $16,500
  • Payout Ratio: 80%/20%
• HS-$20,000
  • Balance Target: $22,000
  • Payout Ratio: 80%/20%
• $30,000
  • Balance Target: $33,000
  • Payout Ratio: 80%/20%
• $40,000
  • Balance Target: $44,000
  • Payout Ratio: 80%/20%
• $50,000
  • Balance Target: $55,000
  • Payout Ratio: 80%/20%
• HS-$60,000
  • Balance Target: $66,000
  • Payout Ratio: 80%/20%
• $70,000
  • Balance Target: $77,000
  • Payout Ratio: 80%/20%
• $80,000
  • Balance Target: $88,000
  • Payout Ratio: 80%/20%
• HS-$100,000
  • Balance Target: $110,000
  • Payout Ratio: 80%/20%
• $125,000
  • Balance Target: $137,500
  • Payout Ratio: 80%/20%
• $150,000
  • Balance Target: $165,500
  • Payout Ratio: 80%/20%
• $175,000
  • Balance Target: $192,500
  • Payout Ratio: 85%/15%
• $200,000
  • Balance Target: $220,000
  • Payout Ratio: 85%/15%
• $250,000
  • Balance Target: $275,000
  • Payout Ratio: 90%/10%
• $300,000
  • Balance Target: $330,000
  • Payout Ratio: 90%/10%
• $350,000
  • Balance Target: $385,000
  • Payout Ratio: 10%/0% plus $4,000 monthly salary
• $400,000
  • Balance Target: $440,000
  • Payout Ratio: 10%/0% plus $4,000 monthly salary
• $450,000
  • Balance Target: $495,000
  • Payout Ratio: 10%/0% plus $4,000 monthly salary
• $500,000
  • Balance Target: N/A
  • Payout Ratio: 10%/0% plus $10,000 monthly salary

High-stake Challenge Rules

• A predetermined percentage of profit that traders must achieve to complete an evaluation period, withdraw earnings from their accounts, or open new ones. Phase 1 demands an 8% profit target, whereas Phase 2 requires a 5% profit target. Maintaining a funded account requires strict adherence to the minimal withdrawal policy.
• The term “maximum daily loss” refers to how much a trader can lose in a single day before their account is considered to be in violation. All accounts, regardless of size, have a continuous daily maximum loss of 5%.
• Maximum loss: This word indicates the maximum amount of money a trader can lose before their account is deemed to violate regulations. The maximum permitted loss for all account sizes is 10%.
• A trader has a profitable trading day when they profit by at least 0.5% of their beginning capital. Profit is calculated by comparing the previous day’s balance to the midnight balance and equity, and deciding which sum is lower.
• News Trading Prohibition: Traders are not permitted to start or halt any trades two minutes before or following the announcement of high-impact news. With this method, traders are less likely to suffer unexpected losses as a result of abrupt market swings.
• Risks of Third-Party Copy Trading: When using copy trading services, it is important to be aware that others may employ the same approach as you. Exceeding the maximum capital allocation restriction may result in the denial of a funded account or withdrawal rights.
• The risk of choosing a third-party expert advisor is that you need to be cautious because others may be following the same plan as you. Exceeding the maximum capital allocation regulation may result in the denial of a funded account or withdrawal.  

3. Bootcamp Program Account

The 5%ers Bootcamp program provides an affordable opportunity for traders to demonstrate their trading skills. Users must pay a portion of the whole charge at the time of entry as an initial payment; the remainder must be paid after the demo stages are completed.

The demo steps indicated above need a 95€ or 225€ fee for the $100,000 and $250,000 Bootcamp accounts, respectively. There are no minimum trading days or trade requirements for traders with a leverage ratio of 1:10.

Each of the three demonstration phases has a profit target of 6% and a maximum loss limit of 5%. I appreciate that the number of trading days during the demo phases is unrestricted, though if I don’t record any activity in my account for 21 days, it will expire.

All my positions must comply with stop-loss laws, and I can’t take on more risk than 2% of my account’s starting value. If I breach this regulation more than three times, my account may be closed.

Once I’ve completed all three demonstration levels, I can progress to the live trading stages. This series allows me to increase the number of accounts and potentially gain money.

Bootcamp Program Account Scaling Plan

• Demo Stage 1
  • Account Size: $25,000 / $100,000
• Demo Stage 2
  • Account Size: $50,000 / $150,000
• Demo Stage 3
  • Account Size: $75,000 / $200,000

Bootcamp Program Account Rules

• Profit Target: A defined percentage of profit that must be achieved to complete an assessment stage, withdraw profits from an account, or raise the size of an account. Obtain a profit objective of 5% during live trading stages, but a 6% profit target for overall demand is necessary.
• Daily Pause: A safeguard against large-scale financial losses. When the daily pause level is reached, all open trades are closed, and the account becomes inactive until the next trading day. Every account, regardless of size, has a daily pause restriction of 3%.
• Maximum Loss: The largest permitted value fall that occurs before the account is judged in violation. During the live trading phase, the maximum loss threshold is set at 4%, which is increased to 5%.
• Stop-loss is essential. Before starting a transaction, traders must establish a stop-loss for each position.
• Loss Stop-Point for Each Position: a requirement to limit potential losses for each position before executing a transaction based on a predetermined percentage. Traders are required to maintain a 2% stop-loss risk on each position.  

The 5%ers Broker: Do They Use a Reliable Platform? 

The 5% of traders do not use established broker brands. They have unconstrained market access since they trade directly with a commercial liquidity provider.

The 5%ers utilize their broker to conduct transactions via Straight Through Processing (STP) market execution technology. The platform now features an ECN broker fee structure.

Every round trip of a lot incurs a $4 commission or 0.4 pip. The EUR/USD spread fluctuates between 0.1 to 0.5 pip.

Trading platforms, such as MetaTrader 5, enable users to engage in trading operations. The 5% website includes training materials in the Trading Resources area. Individuals are given access to a wide range of tools, including trading methods, trading forums, instructional videos, forex pivot points, trading courses, and critical assistance on how to thrive in their funded trader program. Users can access the website through the official platform, MetaTrader5.

Furthermore, a discussion about The 5%ers is available on ForexFactory. Reading the thread allows you to join in debates and learn a great deal about the organization. You may also select to view client testimonials.  

Also read: FTMO Review

The5ers Fees: How Much Do They Charge? 

Trading Commission:

• Assets:
  • Forex: 4 USD/LOT
  • Metals: 4 USD/LOT
  • Indices: 4 USD/LOT
  • Crypto: 0 USD/LOT
• Fee Terms:
  • Forex: 4 USD/LOT
  • Metals: 4 USD/LOT
  • Indices: 4 USD/LOT
  • Crypto: 0 USD/LOT
• Forex:
  • Fee: 4 USD per LOT
• Metals:
  • Fee: 4 USD per LOT
• Indices:
  • Fee: 4 USD per LOT
• Crypto:
  • Fee: 0 USD per LOT

The 5%ers Proof of Payment:

Because there are no minimum or maximum thresholds, traders using The 5%ers platform can request withdrawals for profit splits as frequently as they choose. Starting The 5%ers on April 9, 2020. Traders can easily initiate the withdrawal procedure by clicking the “Profit Payout” option on their dashboard.

The 5%ers caters to those who want assurance and proof of payment reliability by displaying it clearly on its YouTube channel. The channel broadcasts a variety of films in which dealers are probed and physical proof of payment is provided.

These films provide firsthand accounts, visual confirmation of the withdrawal process, and informative commentary on the payment process. Anyone interested can easily discover these particular films on The5%ers’ YouTube channel.  

The 5%ers Customer Support: 

The concept of accessibility and involvement in the commerce sector is widely acknowledged by the 5%, as seen by its significant presence on numerous social media platforms.

The numerous channels listed below will help you find and communicate with fellow The5%ers.

1. Twitter Account: With 19.8K followers on Twitter, The 5%ers have established a community. This platform provides a dynamic environment for real-time news, updates, and interactions in the trading sector. Traders who follow these persons on Twitter can get up-to-date information and join in discussions with others who share their interests. 

2. Pinterest: The 5%ers have created a community on Twitter, where they follow 813 profiles and have 5.3K followers. This portal provides a dynamic source of news, updates, and interactions for traders. 

3. YouTube: The5%ers’ YouTube channel has 22,000 subscribers and is well-known for its fun and instructive films. With seven films already broadcast, this channel is an excellent resource for traders of all skill levels. The 5 %ers’ YouTube channel complements its operations by providing trading insights and visually appealing educational films.  

4. Other FAQs and Support: 

There is information on The5%ers’ Frequently Asked Questions (FAQ) website.

You can contact the support staff directly via email at [email protected] or through their social media sites.

They are open for business from 7:00 to 17:00 GMT on Sundays and Thursdays. On Fridays, they are open from 7:00 until 12:00 GMT.

For more information, call The5ers at +44 (20) 8068 0793 or +1 (929) 955 5595.  

What Makes The 5%ers Unique? 

The 5%ers is a one-of-a-kind proprietary trading company that distinguishes itself from competitors in the sector by offering innovative funding choices. The choices are the Bootcamp Challenge, High-Stakes Two-Step Evaluation, and Instant Funding.

One advantage of The 5%ers  is that there are no minimum trading day limits, allowing traders to retain their positions throughout the weekend, at night, and throughout news releases. Traders can also employ Expert Advisors (EAs) and indicators.

Level 1 customers can access the Instant Funding program, which has a profit target of 10%. Traders have a 12-month period to reach level 1, and they must stick to a rigorous 3% daily pause and a 6% maximum loss limit.

The5ers distinguishes itself from other companies in the market with its Instant Funding program, which employs a scaling method with no constraints or minimum trading day criteria.

The 5%ers’ assessment process is a two-part, high-stakes test that I must complete before receiving payment. In the first step, I need to achieve a profit aim of 8%, while the second step requires a profit target of 5%. There is also a 5% daily loss restriction and a 10% overall loss limit.

To receive funding, I have to finish each phase with at least three days of positive financial profits. As part of the High-Stakes Challenge’s scaling strategy, the 5%ers have established profit targets that are unusually low compared to other top proprietary enterprises in the field.

The 5%ers  Reviews: What Do Their Customers Say?

The 5%ers has a 4.8 out of 5-star rating on Trustpilot, based on 2,053 customer reviews. They have been verified as a company on Trustpilot. The 5%ers are thriving on this site. 

#1. Excellent help. I’ve never had this kind of experience at another organization; all responses arrived in a couple of microseconds.

Tharindu T dispelled my concerns about using numerous accounts in a simple manner that even a newbie could comprehend. 

#2. The spreads are narrow, charges are minimal, and slippage is minimal, making for excellent trading circumstances. As soon as the required number of days was reached, HS2 and FHS credentials were issued. But swing traders may find the minimum days a little onerous, and the dashboard itself is a little simplistic and lacking in analytics and insight. I haven’t yet awarded it a five-star rating because I haven’t seen how effective the payout method is.

#3. I believe I accomplished the challenge level 14 days before the account’s 14-day withdrawal deadline. It’s sad that we’re left with no choice but to utilize our winnings as a safety net for the following level, or to take it all in and maintain the beginning balance at each level. It’s just depressing. If you complete a level quickly, 14 days per account can seem like a decade. It appears that you passed their account before the withdrawal, which is your problem. LOL. depressing.

Conclusion

The reputed proprietary trading organization offers traders three separate funding alternatives. The 5%ers include Instant Funding, the High-Stakes Challenge, and the Bootcamp Challenge.

To discourage excessive trading, traders participating in the Instant Funding program must strictly adhere to a daily pause rule of 3% and a maximum loss limit of 6%. Their goal is to generate a 10% profit. When profit targets are accomplished, the trader’s account balance doubles, allowing them to gradually increase their investments each time they reach a 10% profit target.

If you want to begin your trading journey, I recommend going with CTI’s Scaling Plan. Not only will you get instant funding with them but also get access to their vast selection of tools & resources.

This allows you to accumulate up to a $4,000,000 maximum balance. It is important to understand that once the scaling requirements are completed, there are no minimum or maximum trading day constraints at Level 1 or any later levels.

Before proceeding to the actual trading rounds of the Bootcamp Funding program, traders must complete three demo stages. Traders can withdraw their earnings and boost up their accounts with up to $4,000,000 once they meet a 5% profit target.

If you’re looking for a prop company with straightforward guidelines, The 5%ers is a viable alternative. It serves a wide range of people with varying trading methods. The5ers, one of the greatest private trading organizations on the market, distinguishes itself with its diverse variety of services.