Are you looking for a way to get funded as a forex trader? The5ers may be the solution you’ve been searching for. The5ers is a funded trading program that recruits talented traders worldwide to trade on their platform using their fund’s capital. Their unique approach allows traders to prove their skills and earn a funded account in as little as six months.
The5ers differentiate themselves from other prop firms by giving traders live capital from day one, allowing any trading style, and providing a 6-month evaluation program. This evaluation program gives both short and long-term traders the opportunity to prove their skills and earn a funded account. In addition, The5ers offers free 1-on-1 performance coaching and access to a portfolio analyst to help traders with their trading performance, statistics, and trading plans.
If you’re interested in becoming a funded forex trader, keep reading to learn more about The5ers and their unique approach to funding traders. We’ll cover everything from their evaluation program to their rules and tips for passing their instant funding level 1.
Understanding The5ers
If you are interested in trading in the forex market, you might have come across the term “prop trading firm.” The5ers is one such prop firm that provides funding to traders who pass their evaluation program. But what exactly is The5ers, and how does it work?
The5ers is a legit prop firm that recruits traders worldwide to trade on their platform using their funds. They offer a new-generation funded trading program that allows traders to use live capital from day one. The firm provides traders with a six-month evaluation program, which allows short and long-term traders to prove their skills and earn a funded account.
The5ers differentiate themselves from other prop firms by allowing any trading style and providing traders with live capital from day one. They have a unique evaluation program that measures traders by performance factors, not just profit and loss. The firm’s owner, Gil Ben Hur, is also known for his supply and demand course, which is available on their website.
The5ers is a prop trading firm that provides traders with the opportunity to trade with live capital and earn a funded account. They have a transparent evaluation process that measures traders by performance factors, not just profit and loss. The firm is legit and recruits traders worldwide, allowing any trading style.
In summary, The5ers is a prop firm that provides funding to traders who pass their evaluation program. They offer a unique funded trading program that allows traders to use live capital from day one. The firm is legit and allows any trading style, and its evaluation process measures traders by performance factors, not just profit and loss.
The5ers Funded Account
The5ers offers fully funded trading accounts to successful traders who pass their evaluation program. These accounts range from a $5k Level 1 account to a $100k account, depending on the trader’s preference and trading style. The accounts are funded with real capital, which means that traders can trade with confidence and without risking their own money.
The evaluation program is designed to test a trader’s skills and ability to manage risk. Traders are required to meet specific profit targets and risk management criteria to progress to the next level. The program is flexible and allows traders to trade any style they prefer as long as they meet the performance requirements.
Once a trader has successfully passed the evaluation program, they are given a fully funded account to trade with. Traders can withdraw profits from their accounts, subject to certain conditions and restrictions. The5ers also provides ongoing support and coaching to help traders improve their trading performance and achieve their goals.
The funded accounts come with various capital levels, ranging from $5k to $100k. Traders can choose the account that best suits their trading style and risk tolerance. The accounts also come with different profit targets, which means that traders can earn more money as they progress through the levels.
In conclusion, The5ers funded accounts provide traders with an opportunity to trade with real capital and earn profits without risking their own money. The evaluation program is flexible and allows traders to trade any style they prefer as long as they meet the performance requirements. The ongoing support and coaching provided by The5ers can also help traders improve their trading performance and achieve their goals.
The5ers Evaluation Program
If you are looking for a low-risk evaluation program to prove your trading skills and earn a funded account, The5ers Evaluation Program may be the right fit for you. The program allows any trading style and provides live capital from day one.
The evaluation program consists of two stages: the Challenge and the Bootcamp. In the Challenge stage, you have to achieve a net profit of 10% or more with a maximum drawdown of 10%. If you pass the Challenge stage, you will move on to the Bootcamp stage, where you will trade with larger capital and stricter risk management rules. In the Bootcamp stage, you have to achieve a net profit of 6% or more with a maximum drawdown of 8%.
The evaluation program is designed to be achievable for talented traders worldwide. The program’s low-risk approach allows traders to showcase their trading skills without risking their own capital. The program also provides traders with feedback and support throughout the evaluation process.
The5ers Evaluation Program is a boot camp program that recruits talented traders worldwide to trade on their platform using their fund’s capital. The program’s goal is to help traders become consistently profitable and earn a funded account. If you pass the evaluation program, you will earn a funded account and keep 50% of your profits.
In summary, The5ers Evaluation Program offers a low-risk evaluation program that allows any trading style and provides live capital from day one. The program consists of two stages: the Challenge and the Bootcamp. The program is designed to be achievable for talented traders worldwide and provides feedback and support throughout the evaluation process. If you pass the evaluation program, you will earn a funded account and keep 50% of your profits.
Costs and Fees
When it comes to costs and fees, The5ers stands out from other proprietary trading firms by offering a transparent and fair pricing model. Here are some of the costs and fees associated with The5ers:
- Participation Fee: To start trading with The5ers, you need to pay a one-time participation fee. The cost of this fee depends on the size of the account you want to trade. For a $100,000 account, the fee is $450, while for a $250,000 account, the fee is $850. This fee covers the cost of evaluating your trading skills and provides you with access to The5ers’ trading platform.
- Subscription Cost: The5ers does not charge any subscription fees. Once you have paid the participation fee, you can trade as much as you want without incurring any additional costs.
- Spreads: The5ers offers competitive spreads on a wide range of currency pairs. The exact spreads depend on market conditions and the specific currency pairs you are trading.
- One-Time Fee: Once you have successfully passed the evaluation phase and have been funded, you will be required to pay a one-time fee to cover the costs of setting up your account. This fee is $39 for a $100,000 account, $495 for a $250,000 account, and $165 for a $50,000 account.
- Profit Split: The5ers operates on a profit-sharing model. This means that you keep a percentage of the profits you generate while the remainder goes to The5ers. The exact profit split depends on the size of your account and the trading rules you are following.
Overall, The5ers offers a fair and transparent pricing model that allows traders to focus on their trading strategies without worrying about hidden costs or fees.
Withdrawals and Profits
When it comes to trading with The5ers, withdrawals and profits are important aspects to consider. The company offers a profit split of 50%, meaning that you get to keep half of the profits you make while trading with their capital. This is a generous offer when compared to other similar programs in the market.
One of the advantages of trading with The5ers is that you don’t have to request your profits or withdrawals. The company automatically pays your profits every month, which saves you time and hassle. This is a great feature, as you can focus on your trading without worrying about administrative tasks.
The profit split is not the only way you can make money with The5ers. The company also offers a hyper-growth program, which allows you to double your account every 10% while withdrawing profits. This can help you grow your account up to $4 million and keep 100% of the profits. You also get a bonus on each milestone, which is a nice incentive to keep you motivated.
When it comes to withdrawals, The5ers allows you to withdraw profits from the first objective. This means that you don’t have to wait for a specific threshold to be reached before you can take your profits. This is a great feature, as you can access your profits whenever you need them.
In conclusion, The5ers offers a generous profit split of 50% and a hyper-growth program that can help you grow your account quickly. The company also automatically pays your profits every month, which saves you time and hassle. With The5ers, you can withdraw your profits from the first objective, which gives you more flexibility. Overall, The5ers is a great option for traders who want to trade with a funded account and keep a generous share of their profits.
Customer Service and Support
The5%ers is known for its excellent customer service and support. You can reach out to their support team via phone, email, or live chat. Their office hours are from 08:00 to 19:00 GMT, and they promise to reply to your queries soon.
The support team is knowledgeable and can attend to all your needs, whether they’re technical inquiries, small or important concerns, or trading-related queries. They believe that every trader is entitled to full support and assistance, and they take pride in providing the best customer service.
If you need technical or trading support, you can contact The5%ers support line via Skype or email. They respond quickly and provide efficient solutions to your problems.
The5%ers trades directly through commercial liquidity providers and does not trade with common retail broker brands. This allows them to provide a better trading experience to their clients.
In summary, The5%ers provides excellent customer service and support to their clients. They are knowledgeable efficient, and respond quickly to your queries. You can reach out to them via phone, email, or live chat, and they promise to attend to all your needs.
Trading Platforms and Tools
When it comes to trading platforms and tools, The5ers offers a variety of options to suit different traders’ needs. The primary platform used by The5ers is the MetaTrader 5 (MT5) platform, which is designed by MetaQuotes. MT4 is an older platform and doesn’t align with the standards that The5ers is willing to provide to its traders.
One of the main advantages of MT5 is that it offers a more advanced charting package than MT4. MT5 also has more built-in technical indicators and analytical tools, making it easier for traders to analyze the markets and make informed trading decisions. Additionally, MT5 has a more user-friendly interface, making it easier for traders to navigate the platform and place trades quickly and efficiently.
The5ers also offers its traders the option to trade on both desktop and mobile devices. The desktop platform is available for both Windows and Mac operating systems, and it offers a wide range of features and tools to help traders analyze the markets and make informed trading decisions. The mobile platform is available for both iOS and Android devices, and it allows traders to access their trading accounts and place trades on the go.
In addition to the trading platform, The5ers also offers a range of trading tools to help traders improve their trading performance. These tools include a structured trading plan and risk management framework, as well as access to multiple trading platforms. The5ers’ proprietary trading platform is specifically designed for small accounts, making it an ideal choice for traders who are just starting in the forex market.
Overall, The5ers provides its traders with a range of trading platforms and tools to suit different trading styles and preferences. Whether you prefer to trade on a desktop or mobile device, The5ers has you covered with its advanced trading platforms and tools.
Trading Resources and Education
The5ers offers a variety of trading resources and educational materials to help you improve your trading skills and succeed in the funded trader program. Here are some of the resources available to you:
Trading Resources
The5ers provides traders with access to a range of trading resources, including live trading rooms, online appointments with experienced portfolio analysts, and performance analytics. In these meetings, you can receive help with your trading performance, statistics, and trading plan. You can also access the5ers’ blog, which contains a wealth of information on trading strategies, market analysis, and more.
Trading Courses
The5ers offers a supply and demand course, performed by their founder Gil Ben Hur, which covers the basics of supply and demand trading. This course is designed to help traders understand the underlying principles of supply and demand and how to apply them to their trading strategy. The course is available to all traders and is included in the funded trader program.
Workshops
The5ers also offers workshops to help traders improve their trading skills. These workshops cover a range of topics, including risk management, trading psychology, and technical analysis. The workshops are conducted by experienced traders and are designed to help traders develop a deeper understanding of the market and improve their trading performance.
FAQ Section
The5ers has a comprehensive FAQ section on their website that covers a wide range of topics related to the funded trader program. This section is a great resource for traders who have questions about the program, the evaluation process, and the rules and regulations of the program.
In summary, The5ers offers a range of trading resources and educational materials to help you succeed in the funded trader program. From trading courses to workshops and online appointments with experienced portfolio analysts, The5ers has everything you need to improve your trading skills and achieve your trading goals.
Trading Programs
The5ers offers a range of trading programs that cater to traders with different levels of experience and risk tolerance. These programs are designed to help traders achieve their trading goals by providing them with the necessary tools and resources to succeed in the markets.
Funding Programs
The5ers’ funding programs are designed to help traders get started in the markets by providing them with capital to trade with. These programs are available to traders of all experience levels and offer different levels of funding based on a trader’s performance.
The funding programs are structured in a way that allows traders to keep a percentage of their profits while trading with The5ers’ capital. This means that traders can earn a significant amount of money while also managing the risk associated with trading.
High Stakes Program
The High Stakes program is designed for experienced traders who are looking to take their trading to the next level. This program is for traders who are comfortable with high-risk trades and have a proven track record of success in the markets.
Traders in the High Stakes program have access to higher levels of funding and can trade with more capital than traders in other programs. This means that traders in the High Stakes program have the potential to earn more money than traders in other programs.
Hyper Growth Program
The Hyper Growth program is designed for traders who are looking to grow their accounts at an accelerated rate. This program is for traders who are comfortable with high-risk trades and have a proven track record of success in the markets.
Traders in the Hyper Growth program have access to higher levels of funding and can trade with more capital than traders in other programs. This means that traders in the Hyper Growth program have the potential to earn more money than traders in other programs.
Aggressive Trader Program
The Aggressive Trader program is designed for traders who are comfortable with high-risk trades and are looking to make significant profits in the markets. This program is for traders who have a proven track record of success in the markets and are looking to take their trading to the next level.
Traders in the Aggressive Trader program have access to higher levels of funding and can trade with more capital than traders in other programs. This means that traders in the Aggressive Trader program have the potential to earn more money than traders in other programs.
Risk Manager Program
The Risk Manager program is designed for traders who are looking to manage their risk in the markets. This program is for traders who have a proven track record of success in the markets but are looking to reduce their risk exposure.
Traders in the Risk Manager program have access to lower levels of funding and are required to adhere to strict risk management guidelines. This means that traders in the Risk Manager program have a lower potential for profits but also have a lower risk exposure.
Overall, the5ers’ trading programs offer traders a range of options to suit their trading goals and risk tolerance. Whether you are a beginner or an experienced trader, the5ers has a program that can help you succeed in the markets.
Additional Information
When it comes to forex trading, finding the right prop firm can make a significant difference in your trading journey. The 5%ers stands out from other prop firms by offering a unique program that allows traders to prove their skills and earn a funded account. The program is open to both short and long-term traders, and the firm gives live capital from day one, allowing any trading style.
The 5%ers provide a fast capital growth program in the forex proprietary trading industry. With no daily loss limits, more forex assets to trade, and 24/5 continuous trading overnight and over the weekend position holding, traders have the freedom to trade without any restrictions. The enrollment fee is fair and self-explanatory.
The firm offers free 1-on-1 performance coaching, and traders have access to a Portfolio Analyst. In these meetings, traders get help with their trading performance, statistics, an overview of their trading plan, tuning their system to the 5ers parameters, and more. The 5%ers also provides online resources, including a supply and demand course performed by the founder, Gil Ben Hur.
The 5%ers has a transparent trading environment, and traders are encouraged to practice discipline and consistency in their trading. The firm emphasizes risk management and encourages traders to be profitable while maintaining a low spread. Aggressive traders are also welcome, but they must follow the rules and guidelines set forth by the firm.
The firm offers bonuses for traders who pass certain levels, and salaries are paid out based on performance. Traders can withdraw their profits using PayPal, and the firm supports full-time traders. There are no time limits on the evaluation program, and traders can take a daily pause to refresh their minds and avoid trading fatigue.
Overall, The 5%ers provide a unique opportunity for forex traders to earn a funded account and grow their capital level. With a focus on transparency, risk management, and profitability, the firm offers a supportive environment for traders to succeed.