This firm allows traders to do fair, and honest trading. It allows them to grow as an individual, which eventually will help us and other companies.
Overview
The5%ers is a privately held company based in London, United Kingdom. They offer a unique opportunity for traders to access funding and trade with the firm’s capital while keeping a significant portion of their profits. Here are some reasons why you should consider “The5%ers” for your trading career.
Who are The5%ers?
The5%ers is a unique proprietary firm, headquartered in London, UK, that stands out in the world of trading and investment. Founded by Gil Ben Hur, this company offers a range of innovative funding account models designed to cater to traders with varying risk appetites and ambitions.
One of the distinctive features of The5%ers is its instant funding account models. Traders can choose from three different sizes: $5,000, $10,000, and $20,000. What sets these accounts apart is their scalability, allowing traders to potentially grow their accounts to an impressive $4,000,000 in size.
For those looking to prove their trading prowess, The5%ers also provides a high-stakes two-step evaluation program. This program allows traders to showcase their skills and potentially unlock more substantial funding opportunities.
If you’re up for an even greater challenge, The5%ers offers the $100K or $250K Bootcamp challenge model. These programs not only provide substantial initial capital but also offer the potential to scale up to a whopping $4,000,000 in size, providing a platform for traders to reach new heights in their trading careers.
One of the conveniences The5%ers offers is the ability to trade on MetaTrader 5 while using a third-party program as their broker. This flexibility allows traders to utilize their preferred trading tools and strategies within the MetaTrader 5 platform.
It’s worth noting that The5%ers is an officially registered UK company, as confirmed by records on Companies’ House. FIVE PERCENT ONLINE LTD is the entity that owns The5%ers and was incorporated on April 9, 2020. Their commitment to transparency and legitimacy underscores their dedication to providing a trustworthy trading environment.
While The5%ers is based in London, their global presence extends to their headquarters at 14 Haroshet Street, Raanana, Israel. This international reach reflects their commitment to serving traders worldwide and offering opportunities for financial growth and success.
Who is the CEO of The5%ers?
The CEO of The5%ers is none other than Gil Ben Hur. With a rich and extensive background in the forex trading industry, Gil Ben Hur is not just a CEO; he’s a visionary leader who has left a significant mark in the world of trading.
Gil Ben Hur’s journey in the forex trading world began in 2007 when he became a full-time individual forex trader. Over the years, he honed his skills and expertise, specializing in order flow and price-action methodologies. His dedication and knowledge led him to become a reputable trading coach and even a former private investors portfolio manager.
In 2016, Gil Ben Hur embarked on a groundbreaking venture by founding The5%ers. This innovative proprietary trading firm model quickly gained traction and achieved remarkable success. The platform revolutionized the way individual forex traders worldwide approached trading by providing them with access to more substantial trading capital. It wasn’t just about capital, though; it was about career growth opportunities, offering traders an exceptional scaling plan.
Why You Should Consider The5%ers
Funding Opportunity: “The5%ers” provides rapid funding account models with low-risk or high-risk options. Traders can open an account with as little as $5,000 and potentially receive funding up to $4,000,000.
Risk Management: The firm focuses on risk management and implements stringent measures to protect traders and the company from excessive losses. They provide ongoing training and support to ensure traders have the necessary tools and knowledge for successful trading.
Innovative Business Model: “The5%ers” allows traders to trade with the firm’s capital and earn a significant portion of the profits they generate. This model incentivizes traders to perform at their best and fosters a culture of responsibility and accountability.
Steps To Get Funded
Choose an Account Type: “The5%ers” offers different account types, such as the Bootcamp Program, the Hyper Growth Program, and the High Stakes Challenge. Select the program that aligns with your trading style and risk tolerance.
Complete Evaluation/Assessment: Depending on the chosen program, traders may need to pass evaluation or assessment stages to demonstrate their trading skills and consistency. Follow the specific requirements and guidelines provided by “The5%ers” to progress to the next stage.
Live Trading: Once the evaluation/assessment stage is successfully completed, traders can start live trading with “The5%ers” capital. They can trade forex, commodities, and stock market indices using the provided trading platform.
The5%ers Scaling Plan
“The5%ers” has a scaling plan in place to allow traders to increase their capital levels and achieve larger profits. Traders can manage up to $4,000,000 in assets across up to three accounts simultaneously. Profit percentages range from 50% to 100%, depending on the chosen funding package.
Trading instruments
The5%ers offers a wide range of trading instruments for its clients. Traders can access an array of options, including forex majors, forex majors crossings, gold & silver, and indices. This diverse selection empowers traders to explore various markets and diversify their portfolios, making it easier to seize profitable opportunities and manage risk effectively. With The5%ers, clients have the tools they need to pursue their trading goals and achieve success in the financial markets.
Forex: | EURUSD | GBPUSD | USDJPY | USDCAD | AUDUSD |
---|---|---|---|---|---|
NZDUSD | USDCHF | AUDCAD | AUDCHF | AUDJPY | |
AUDNZD | CADCHF | CHFJPY | EURAUD | EURCAD | |
EURCHF | EURGBP | EURJPY | EURNZD | GBPAUD | |
GBPCAD | GBPCHF | GBPJPY | GBPNZD | NZDCAD | |
NZDCHF | NZDJPY |
METALS: | XAUUSD | XAGUSD |
---|
INDICES: | SnP500 | DAX30 | NAS100 | US30 |
---|---|---|---|---|
UK100 | JPN225 |
Trading fees
Trading commission:
Assets | Fee Terms |
---|---|
FOREX | 4 USD / LOT |
METALS | 4 USD / LOT |
INDICES | 4 USD / LOT |
Comparison Between The5%ers and Other Prop Trading Firms
When comparing The5%ers to other proprietary trading firms, it becomes evident that The5%ers offers a unique set of features and programs that set them apart in the industry.
One distinctive aspect of The5%ers is their diverse funding programs. Unlike most leading firms, they provide three different options: Instant funding, the high-stakes two-step evaluation, and the Bootcamp challenge. This variety allows traders to choose the program that aligns best with their trading goals and experience.
Example of comparison between The5%ers & E8 Funding:
Objective | The5%Ers | E8 Funding (Normal) |
---|---|---|
Phase 1 Profit Target | 8% | 8% |
Phase 2 Profit Target | 5% | 5% |
Maximum Daily Loss | 5% | 5% |
Maximum Loss | 10% | 8% (Scaleable to 14%) |
Minimum Trading Days | 3 Profitable Days | No Minimum Trading Days |
Maximum Trading Period | Phase 1: Unlimited Phase 2: Unlimited |
Phase 1: Unlimited Phase 2: Unlimited |
Profit Split | 80% up to 100% + Monthly Salary | 80% |
In terms of instant funding, The5%ers have set the profit target for level 1 at 10%, with a 3% daily pause and 6% maximum loss rules. What makes this program stand out is the flexibility it offers traders. There are no minimum trading day requirements, and you can hold positions over the weekend or during news releases. Traders are also permitted to utilize indicators and EAs, providing them with additional tools to enhance their trading strategies. Furthermore, unlike other industry-leading prop firms, The5%ers impose no maximum or minimum trading day requirements, giving traders more freedom.
The high-stakes challenge at The5%ers is a two-phase evaluation program. It has relatively lower profit targets compared to other firms, with 8% in phase one and 5% in phase two. There are strict daily and maximum loss rules of 5% and 10%, respectively. To become funded, traders must also achieve a minimum of three profitable days in each phase. This rigorous evaluation process ensures that only skilled and disciplined traders are eligible for payouts. Again, The5%ers offer a scaling plan in this program.
The Bootcamp program account is a unique offering by The5%ers. It involves a low-entry cost challenge where traders initially pay a portion of the entry fee. They then pay the remaining fee if they successfully complete the three demo stages, where a profit target of 6% and a maximum loss limitation of 5% apply. The unique feature here is the unlimited maximum trading period, allowing traders to demonstrate consistent performance over time.
Additionally, The5%ers require the use of stop-losses for all positions and limit the risk to no more than 2% of the initial account balance. Successful completion of the demo stages unlocks live trading stages, where traders start earning profit splits and scale their accounts.
In the live trading stages, the profit target is 5%, with a 4% maximum loss limitation. This program is tailor-made for consistent traders seeking a long-term funding opportunity, and it distinguishes The5%ers from other industry-leading prop firms.
Payment Proof
“The5%ers” provides payment proof to showcase the success of their traders. Traders who have met the profit targets and trading requirements can provide evidence of their earnings as proof of the firm’s legitimacy and payment process.
The5%ers: Education or Forum Support
The5%ers, a renowned trading platform, offers a two-fold approach to support traders in their quest for success. On their website, they provide an array of educational resources under the ‘Trading Resources’ section. These resources encompass a treasure trove of trading ideas, access to trading rooms, a library of educational videos, insights into forex pivot points, comprehensive trading courses, and invaluable tips to thrive within their funded trader program. For those eager to explore further, their website can be easily accessed by clicking here.
Alternatively, traders seeking insights, opinions, and discussions about The5%ers can turn to ForexFactory. There, they’ll discover an entire thread dedicated to The5%ers, brimming with a wealth of information and vibrant discussions revolving around the firm. Delving into this thread allows individuals to gain deeper insights into The5%ers’ offerings and read firsthand accounts of experiences shared by their clients.
Whether you prefer a structured educational approach or enjoy the camaraderie of forum discussions, The5%ers caters to both avenues, ensuring traders have the resources and support they need to succeed in the world of trading.
Subscription & Profit Withdrawal Methods
According to The5%ers, they start at €95 for a $100K evaluation. And as long the evaluable goes on, the fee will rise. “The5%ers” offers various withdrawal methods to facilitate transactions. Some of the commonly used methods include PayPal, Payoneer, Coinbase, Revolut, Wire Transfer, and more. Traders can choose the method that suits their preferences and convenience.
Brokers That Are Used By The5%ers
“The5%ers” allows traders to use their preferred broker or even a third-party app instead of their broker. However, they also support the popular trading platform MetaTrader 5 (MT5), which can be used in conjunction with their services.
Traders Opinion
Their Trustpilot page boasts an impressive 4.8/5 rating based on 925 evaluations from members of their community. If you have any questions or concerns, you can always reach out to their helpful customer service staff for answers.
Many reviewers have also remarked on the excellent quality of their customer service. In addition to helping their customers succeed in trading, they also offer helpful educational instructions.
Customer Support at The5%ers
When it comes to customer support, The5%ers has got your back. Whether you’re a seasoned trader or just starting out, they understand that questions and concerns may arise. That’s why they’ve put in place a range of convenient options for you to get the help you need.
First off, before reaching out, it’s a good idea to check out The5%ers’ FAQ page. Many common queries and issues are addressed there, and you might just find the information you’re missing right at your fingertips.
If you can’t find the answer you’re looking for or need more personalized assistance, don’t worry; The5%ers’ support team is ready to assist you. You can get in touch with them through their social media channels, or for a more direct approach, drop them an email at help@the5ers.com. They’re committed to making sure your questions are answered promptly and thoroughly.
Now, let’s talk office hours. The5%ers’ support team is available to assist you from Sunday to Thursday, with their hours of operation spanning from 7:00 to 17:00 GMT. On Fridays, they’re there to help you from 7:00 to 12:00 GMT.
And if you prefer the good old-fashioned way of getting in touch, you can give them a call. The5%ers can be reached at +1 (929) 955 5595 or +44 (20) 8068 0793. They’re just a phone call away, ready to address any further questions or concerns you may have.
So, when you need assistance with your trading journey at The5%ers, remember, they’ve got your back with a responsive support team and various contact options to make your experience as smooth as possible.
Final Thoughts
“The5%ers” offers a compelling opportunity for traders to access funding and trade with the firm’s capital while retaining a significant portion of their profits. With a focus on risk management, innovative business models, and positive trader feedback, “The5%ers” can be a valuable platform for traders looking to enhance their trading career.