The5ers Review: Pros, Cons, Fees & Best Features

Founded in 2016, The5ers is a proprietary trading firm that funds forex and CFD traders without requiring personal capital investment. Headquartered in Israel with an office in London, it has gained global recognition for its no-time-limit evaluations, diverse funding options, and aggressive scaling up to $4 million. Unlike many competitors, The5ers offers a trader-friendly model with flexible programs, rapid payouts, and strong support. With a 4.9/5 Trustpilot rating, it is known for transparency and reliability.

This comprehensive The5ers review explores its funding programs, trading conditions, and overall benefits to help you determine if it’s the right prop firm for your trading journey. Whether you’re an aspiring trader looking to grow your skills or an experienced professional seeking better funding opportunities, this The5ers review covers everything you need to know.

Before moving into deeper, here is a table of contents for you to get things quicker than before:

Who are The5ers?

The5ers 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 standout features, according to numerous trusted The5ers reviews, is its instant funding account models. Traders can select from three different account sizes: $5,000, $10,000, and $20,000. These accounts are notable for their scalability, allowing traders to potentially expand their accounts to a remarkable $4,000,000.

For those looking to demonstrate their trading skills, this detailed The5ers review highlights the firm’s high-stakes two-step evaluation program. This program provides a platform for traders to showcase their expertise and unlock larger funding opportunities.

If you’re ready for an even more ambitious challenge, insider The5ers reviews point to the $100K or $250K Bootcamp challenge models. These options offer substantial starting capital and the chance to scale up to a staggering $4,000,000, creating incredible opportunities for traders aiming to reach new milestones in their careers.

Brokers That Are Used By The5ers

The5ers reviews show that the firm 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. This flexibility allows traders to utilize their preferred trading tools and strategies while benefiting from The5ers’ funding models.

It’s worth noting that The5ers is an officially registered UK company, as confirmed by records on Companies’ House. FIVE PERCENT ONLINE LTD is the entity that owns The5ers and was incorporated on April 9, 2020. Their commitment to transparency and legitimacy underscores their dedication to providing a trustworthy trading environment. While The5ers review often highlights the firm’s international scope, it’s based in London with an extended global presence 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 The5ers?

The CEO of The5ers 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 The5ers. 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.

The5ers Funding Programs & Scaling Plans

One of The5ers’ standout features is its three unique funding programs, catering to different trading styles and risk preferences. Whether traders prefer a traditional challenge, instant funding, or a budget-friendly evaluation, The5ers has a program to match. Each program includes scaling opportunities, allowing successful traders to grow their accounts up to $4 million with profit splits that can reach 100%.

Overview of The5ers Funding Programs

Program	Key Features	Scaling & Profit Split	Who It’s For?
High Stakes	Two-step evaluation (e.g., $100K challenge: +8% profit Phase 1, +5% Phase 2). No time limit, leverage 1:100.	+25% scale-up per 10% profit, can reach $1M+. Profit split 80%–100%, with possible salary at top tiers.	Traders who want a large starting account, higher leverage, and no time pressure.
Hyper Growth	Instant funding, no demo phase. Start with a live funded account (e.g., $20K for ~$850). 1:30 leverage, 3% daily loss pause, 6% max drawdown.	Account doubles at every +10% profit milestone, potentially scaling to $4M. Profit split 50%–100% as account grows.	Traders who want to skip challenges and start earning immediately with fast scaling.
Bootcamp	Low-cost, 3-phase evaluation (e.g., $100K for $95 upfront, $205 after funding). No time limit, no minimum days. 1:10 leverage.	+25% scale-up per 5% profit, potential to $2M+. Profit split starts at 50% and increases to 100%.	Budget-conscious traders willing to prove consistency over multiple stages for a low entry cost.

Key Takeaways:

• Scaling is aggressive—traders can rapidly grow their accounts with steady profits.
• Profit splits start at 50%–80% and can reach 100% at high tiers.
• No time limits on evaluations give traders flexibility and less stress.
• High Stakes offers leverage up to 1:100, while Hyper Growth & Bootcamp have stricter risk controls.

Overall, The5ers provides traders with multiple paths to large capital, whether they prefer traditional challenges, instant funding, or budget-friendly entry points.

The5ers Review: How to Get Funded?

Getting started with The5ers is a straightforward process that involves selecting a funding program, passing an evaluation (if required), and trading a funded account. Unlike many prop firms, The5ers has no time limit for evaluations, allowing traders to progress at their own pace. In this The5ers review, we’ll explore how the funding process works and what sets this firm apart from others. Here’s how it works:

1. Sign Up & Verify Your Account – Register for a free account on The5ers’ website and complete the verification process. Ensure eligibility, as traders from the U.S. and restricted regions cannot join due to regulations.
2. Choose a Funding Program – Select from three options:
   
   • High Stakes (two-phase evaluation with 1:100 leverage)
   • Hyper Growth (instant funding with rapid scaling)
   • Bootcamp (low-cost, multi-phase challenge)
3. Pay the Program Fee – Fees vary by account size and funding type. Bootcamp allows split payments, while Hyper Growth requires a one-time fee upfront. There are no refunds for passing the challenge, but The5ers keeps costs lower than many competitors.
4. Start Trading on MT5 – After payment, you’ll receive MT5 credentials and access to the trader dashboard to monitor progress. Read the program-specific rules carefully, including drawdown limits and trading conditions.
5. Meet Profit Targets – Trade strategically to reach the required profit without violating risk rules. No time pressure means you can trade at your own pace, whether you take weeks or months to complete the challenge.
6. Get Funded & Trade Live – Upon passing, you’ll receive a fully funded account, a profit-sharing agreement, and access to scaling opportunities up to $4M. Funded traders keep 50%–80% of profits initially, increasing to 100% at higher tiers.

Withdraw Profits Bi-Weekly – The5ers allows withdrawals every 14 days (faster than many firms). Hyper Growth traders must first hit +10% before withdrawing, while High Stakes & Bootcamp can request payouts within two weeks of funding. Withdrawals are fee-free, with options including bank transfer, crypto, and a prepaid Visa card.

By following these steps, traders can access significant capital while benefiting from The5ers’ flexible structure, rapid scaling, and strong trader support, as highlighted in various in-depth The5ers reviews.

Trading Instruments and Platforms at The5ers

Market Instruments

The5ers provides access to a diverse range of tradable assets, primarily focusing on forex, indices, commodities, and crypto. Traders can engage in 28 forex pairs, including major pairs (EUR/USD, GBP/USD, USD/JPY) and cross pairs (EUR/JPY, AUD/NZD, etc.). Beyond forex, the firm offers:

• Commodities: Gold, Silver (XAU/USD, XAG/USD), and crude oil (WTI & Brent).
• Stock Indices: S&P 500, Dow Jones 30, Nasdaq 100, DAX 40, FTSE 100, Nikkei 225, and more.
• Cryptocurrencies: Bitcoin (BTC/USD) and Ethereum (ETH/USD).

While The5ers reviews highlight that the firm does not support single-stock trading within its standard forex programs, traders interested in equities can explore its TradeThePool program. Additionally, traders can hold positions overnight and over the weekend, unlike some firms that require flat positions at market close. News trading is allowed on funded accounts, except in the High Stakes evaluation phase, where major news events must be avoided. Traders often find, according to various The5ers reviews, that the ability to hold positions over weekends and engage in news trading is a significant advantage.

Trading Platform: MetaTrader 5 (MT5)

The5ers exclusively uses MetaTrader 5 (MT5) for all trading activities. Traders receive MT5 login credentials upon enrollment, connecting to The5ers’ dedicated MT5 server for real-market execution.

Key features of The5ers’ MT5 platform:

• Advanced charting tools & built-in indicators for technical analysis.
• Support for all trading styles, including scalping, swing trading, and algorithmic (EA) trading.
• Raw market spreads, with ultra-tight pricing (EUR/USD spreads as low as 0.2 pips).
• Low commissions: $4 per standard lot (100K) on forex, indices, and metals; zero commission on oil and crypto.
• No hidden trading fees, no platform costs, and institutional-grade liquidity for low-latency execution.

While The5ers review often points out that MT4 is not supported, most traders transition easily to MT5, benefiting from additional order types and improved backtesting. The trading environment on MT5 ensures traders receive optimal execution conditions, which is a key highlight of The5ers’ trading setup.

The5ers Trading Conditions: Spreads, Fees, and Rules

Spreads & Liquidity

According to this detailed The5ers review, the firm provides tight, raw spreads with no markups, thanks to its prime liquidity provider. Major forex pairs like EUR/USD average 0.1–0.3 pips, while gold (XAU/USD) and indices also maintain competitive spreads. While spreads widen during news events or off-hours, traders benefit from real market execution with no dealing desk interference, ensuring fairness and transparency.

In this honest The5ers review, traders also appreciate the consistent, low-cost spreads and the firm’s commitment to providing true market conditions without hidden fees or manipulation.

Commissions & Fees

• Low commissions: $4 per lot (100K) for forex, indices, and metals.
• Zero commission: Oil and crypto trades incur no additional fees beyond the spread.
• No subscriptions or recurring fees: The5ers charges a one-time challenge fee, with no monthly costs or forced trading requirements.
• No withdrawal fees: Profits are paid in full, with only third-party transaction costs (if applicable).

Risk Management Rules

The5ers enforces industry-standard drawdown limits to promote risk discipline:

• Daily Loss Limit: 5% in evaluations, 3% “pause rule” for Bootcamp & funded accounts.
• Max Overall Drawdown: 10% for High Stakes, 5-6% for Bootcamp & Hyper Growth.
• Mandatory Stop-Loss (Bootcamp only): Every trade must include a stop-loss, with max 2% risk per trade.
• No high-impact news trading: Only applies during High Stakes evaluation (funded accounts can trade news freely).
• Minimum trading days: 3 profitable days per phase (much lower than some firms requiring 10+ days).

No Hidden or Ongoing Costs

One standout feature in The5ers reviews is the firm’s transparent pricing model. Once traders pass an evaluation, they maintain their funded account with no additional fees. There are no inactivity fees, no platform costs, and no profit resets upon withdrawals. The5ers profits only when traders succeed, ensuring its incentives are fully aligned with its trading community.

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Subscription and Payment Methods at The5ers

In this The5ers review, it’s clear that the firm offers traders a range of funding programs, each with its own structure and fees. Understanding the subscription options, payment methods, withdrawal policies, and associated costs is important for anyone looking to join The5ers and start trading.

Subscription Options and Associated Fees

The5ers provides several funding programs tailored to different trading styles and risk appetites:

• Hyper Growth Program: This one-step program allows traders to start with a funded account and double their account size upon reaching each milestone. The entry fee for this program starts at $260.

• High Stakes Program: Designed for traders willing to undertake higher risks for greater rewards, this two-step program offers account scaling at each milestone. The program’s fees begin at $39.

• Bootcamp Program: A three-step, low-cost program where traders pay upon successful completion of the evaluation phases. The initial cost for this program is $95.

Available Payment Methods

To accommodate a global clientele, The5ers accepts various payment methods:

• Credit/Debit Cards: Payments can be made using major credit or debit cards.
• Bank Transfers: Traders have the option to pay via bank transfers.
• Cryptocurrencies: For those preferring digital currencies, cryptocurrency payments are accepted.
  

It’s important to note that certain programs may have specific payment method restrictions. For instance, the Bootcamp Program does not accept PayPal or cryptocurrency payments.

Withdrawal Policies

The5ers has structured withdrawal policies to ensure smooth transactions for its traders:

• Payout Frequency: Once traders become funded, they can request profit withdrawals bi-weekly (every 14 days) through their dashboard.
• Minimum Withdrawal Amount: The minimum amount eligible for withdrawal is $150.
• Payout Methods: Withdrawals can be processed via Rise, cryptocurrencies, or added as hub credits to the trader’s dashboard, which can be used for purchasing programs.

Traders have the flexibility to retain profits in their accounts, which can increase their maximum drawdown allowance.

Refund Policy

The5ers offers a 14-day risk-free money-back guarantee. If a trader is unsatisfied with the service for any reason, they can request a refund within 14 days of purchase. However, once trading activity has commenced, the signup fee becomes non-refundable.

Prospective traders are encouraged to review the specific terms and conditions associated with each program to ensure alignment with their trading goals and preferences.

Payment Proof

The5ers 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.

The5ers Review vs. Other Prop Trading Firms: A Competitive Overview

A thorough The5ers review highlights that prop trading firms have become a popular choice for traders looking to access larger capital without personal risk. Companies like The5ers, FTMO, and Blue Guardian compete by offering different evaluation challenges, funding options, and trader benefits.

While FTMO and Blue Guardian follow a traditional challenge model with time-limited evaluations and refunded fees, The5ers sets itself apart with its no-time-limit approach, allowing traders to progress at their own pace. Additionally, The5ers offers unique features such as instant funding, higher scaling potential (up to $4M), and faster payouts compared to its competitors. However, it provides lower leverage in some programs and does not refund challenge fees, opting for lower upfront costs instead.

Here’s a concise comparison of how these firms stack up:

Aspect	The5ers	FTMO	Blue Guardian
Evaluation Time Limit	No limit (pass at own pace)	30-60 days per phase	30-60 days per phase
Funding Options	Multiple programs (including instant funding)	Single 2-step challenge	Multiple programs (e.g., Unlimited, Elite)
Scaling Potential	Up to $4M	Up to ~$2M	Up to $2M
Leverage	1:10 – 1:100 (varies by program)	1:100 standard	1:100 (Forex), 1:20 (Indices & Commodities), 1:2 (Crypto)
Profit Targets	6-8% (no rush, no time limits)	10% + 5% (time-limited)	8% (Phase 1) + 4% (Phase 2) (time-limited)
Fee Refund	No refund, but lower upfront costs	Refunded upon first payout	Refunded upon fourth payout
Payout Schedule	Every 14 days	Monthly (can request early after 14 days)	Bi-weekly (every 14 days)
Support & Community	24/7 live chat & phone support + educational content	Email/live chat (no phone)	24/7 support, active trader community

Key Takeaways:

• The5ers is ideal for traders who want flexibility (no time pressure) and a higher long-term growth ceiling.
• FTMO suits traders confident in passing quickly, benefiting from refunded fees and higher leverage.
• Blue Guardian offers competitive profit targets, a substantial scaling plan, and an active support system, making it a strong contender for serious traders.

Each proprietary trading firm caters to different trader preferences—choosing the right one depends on factors like trading style, risk tolerance, and long-term profitability. The5ers review highlights its flexible funding models, making it a strong choice for traders seeking growth-focused opportunities.

The5ers Trader Community and Support

Educational Resources & Webinars

The5ers goes beyond just funding traders—it actively educates and supports them. The firm offers a comprehensive trading blog, covering technical analysis, risk management, trading psychology, and strategy guides. Additionally, live trading webinars, workshops, and Q&A sessions provide real-time insights, helping traders refine their skills. Funded traders often share their experiences in interviews and success stories, offering valuable lessons for new participants. As highlighted in this The5ers review, these educational resources play a crucial role in empowering traders with the knowledge and strategies they need to succeed in the prop trading industry.

Community Engagement & Social Presence

The5ers maintains an active presence on YouTube, Twitter (X), Facebook, and Instagram, regularly posting market updates, strategy tips, and trader highlights. While they don’t have an official public Discord, they actively engage in online prop trading communities like Reddit and Discord groups, where traders discuss payouts, trading conditions, and experiences. Their commitment to transparency and engagement helps build trust, with traders frequently sharing success stories and payout proofs. If you’re looking for insights into their community engagement and real trader experiences, this The5ers review provides a comprehensive overview of how the firm interacts with its trading community.

24/7 Trader Support & Success Team

Unlike many prop firms, The5ers offers round-the-clock live chat, email, and phone support. Their Trader Success Team consists of knowledgeable staff who don’t just enforce rules but guide traders toward success. Traders have reported proactive support, where reps clarify rules, offer encouragement, and help traders optimize their strategy within the firm’s guidelines.

Knowledge Base & Help Center

For quick answers, The5ers provides a detailed FAQ and knowledge base covering everything from trading rules and drawdown limits to payout procedures. This allows traders to easily find information without always needing to contact support.

Community Initiatives & Giveaways

A comprehensive The5ers review wouldn’t be complete without mentioning its community-driven initiatives. To foster a collaborative environment, The5ers organizes giveaways, contests, and trader spotlights, sometimes offering free challenge accounts as prizes. This further enhances the sense of belonging to a trader-focused community rather than just a funding platform.

Why It Matters?

Most prop firms focus only on evaluation and funding—but as highlighted in this The5ers review, the firm actively invests in trader success. Whether through education, community engagement, or strong support, The5ers ensures traders are not just given capital but also the tools and knowledge to achieve long-term growth.

Traders Opinion

The The5ers 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.

The5ers Review: Pros and Cons

The5ers review highlights it as a well-regarded prop trading firm with a unique approach, offering no time limit on evaluations and multiple funding programs. It has a strong reputation for trader support, aggressive scaling opportunities, and fast payouts. However, like any firm, it has its limitations, including strict drawdown rules and lower leverage in some programs. Below is a concise comparison of its key strengths and weaknesses:

Aspect	Pros	Cons
Evaluation Time Limit	No time limit – traders can take as long as needed to pass.	Some programs have multi-step evaluations (e.g., Bootcamp’s 3 phases).
Funding Options	Offers three distinct funding programs (High Stakes, Hyper Growth, Bootcamp).	Some traders may prefer a single-phase challenge for faster funding.
Scaling & Profit Share	Aggressive scaling up to $4M, with profit splits reaching 100%.	Strict 5% overall drawdown (6% for Hyper Growth) can be tough for riskier strategies.
Trading Conditions	Tight spreads, low commissions, all trading styles allowed (scalping, swing, EAs).	Leverage is lower on some programs (Bootcamp: 1:10, Hyper Growth: 1:30).
Payout Speed	Bi-weekly payouts (faster than firms with monthly cycles).	No major downside, as payouts are fast (1-3 days).
Support & Community	24/7 live chat & phone support, plus trader education resources.	No major downside—customer support is among the best in the industry.
Reputation & Trust	4.9/5 Trustpilot rating, transparent company history, no scandals.	U.S. traders not accepted due to regulations.
Fee Policy	Lower upfront fees (Bootcamp starts at $95).	No refund of challenge fees, unlike FTMO/MFF.
Tradable Assets	Forex, indices, commodities, and crypto available.	No single-stock trading (must use a separate stock program).

Key Takeaways:

• The5ers is great for traders who value flexibility, long-term growth, and fast payouts.
• The main drawbacks relate to drawdown limits, leverage, and fee refunds.
• For U.S. traders, the firm is currently unavailable due to regulatory restrictions.

Overall, The5ers is an excellent choice for patient, disciplined traders who want a sustainable path to funding.

Is The5ers Worth It?

For serious forex and CFD traders, The5ers review shows that this firm offers a flexible, rewarding, and scalable path to trading large capital. Its no-time-limit evaluations, multiple funding options, and aggressive scaling up to $4M make it a standout in the prop trading industry. Unlike firms with rigid structures, The5ers allows traders to progress at their own pace, ensuring a stress-free environment that prioritizes long-term success.

The5ers is best suited for disciplined traders who manage risk well and see prop trading as a career rather than a quick payout scheme. The ability to scale up significantly and eventually earn a 100% profit split means traders can truly grow with the firm. Additionally, The5ers provides strong educational resources, 24/7 support, and a transparent payout system, making it a trusted partner in a trader’s journey.

However, if you prefer high-risk, high-leverage gambling strategies or want a quick refund-based challenge, The5ers may not be the best fit. But for those who value stability, long-term growth, and a trader-friendly environment, it stands out as one of the best proprietary trading firms available. Plus, if you’re considering joining, keep an eye out for a The5ers discount code to save on your evaluation fees and maximize your trading capital. You can also explore all prop firm offers and promotions for January 2025 to find the best deals and funding opportunities available.

Final Verdict

With a stellar reputation, reliable payouts, and an unmatched scaling model, The5ers review highlights it as a top-tier prop firm that provides traders with both funding and the support needed to thrive. If you’re serious about trading professionally and managing larger capital, The5ers is definitely worth considering.

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