The5ers is a prop firm founded in 2016 and registered in both Israel and the UK. It offers funded trader programs and funded accounts across forex, metals, indices, commodities, crypto, and futures, with evaluation programs ranging from a single-phase challenge to a three-phase grind. The firm targets traders who want access to serious capital without risking their own, and its track record of 10 years in operation makes it one of the more established names in the funded trader space. That longevity counts for something, but it does not mean every program is right for every trader.
What The5ers Offers: The Program Overview
The5ers runs four FX/CFD programs and a separate futures division. Each program has different rules, drawdown structures, leverage settings, and payout mechanics. Lumping them together would give an inaccurate picture.
High Stakes (2-Step Evaluation)
High Stakes is the firm’s flagship program and its most popular. It runs as a two-phase evaluation on a demo account before transitioning to a funded stage.
Program specs:
- Account sizes: $2,500 / $5,000 / $10,000 / $25,000 / $50,000 / $100,000
- Phase 1 profit target: 10% (New version), 8% (Classic version)
- Phase 2 profit target: 5%
- Maximum overall drawdown: 10% of initial balance (absolute)
- Maximum daily drawdown: 5% of prior day’s closing equity or balance, whichever is higher
- Minimum profitable days to pass each phase: 3
- Leverage: 1:100 on forex pairs; 1:25 on indices and metals; 1:5 on commodities; 1:2 on crypto
- No time limit; accounts inactive for 30 days expire
- Profit split starts at 80% and can scale to 100%
- Entry cost for $2,500 account: $19
The 1:100 leverage on forex is the highest of any The5ers program and is a genuine differentiator. Most comparable programs cap at 1:30. That said, leverage cuts both ways. The 10% absolute drawdown limit means a trader using full leverage on a bad day can blow a meaningful portion of the buffer in one move.
The drawdown mechanics here deserve attention. The 5% daily drawdown is calculated from the prior day’s highest balance or equity at server midnight. On a $100,000 funded account that grew to $110,000, the daily drawdown resets from $110,000, meaning the daily loss limit becomes $5,500, not $5,000. This is a trailing daily drawdown, not a fixed one. Traders who run positions overnight into a gap need to understand that their starting baseline for the next day’s loss calculation can shift against them before they even open their platform.
News trading is allowed on High Stakes, with one hard restriction: no orders executed in the 2-minute window before or after a high-impact news event. Any profits from trades executed in that window are removed from the account. Losses are not. This is an asymmetric rule. Traders who straddle news events need to structure entries carefully.
Scaling plan: Every time the funded account hits a 10% profit milestone, The5ers advances the account to the next balance level. The profit split stays at 80% through most of the progression, rising to 85% at $175,000, 90% at $250,000, and 100% at $350,000. At $350,000 and above, traders also receive a monthly fixed payout: $4,000 per month from $350,000 to $499,999, and $10,000 per month at $500,000.
The monthly salary structure is real and noteworthy. It is automatic, credited to the trading account, and withdrawable on the next payout cycle. For a trader who reaches those levels with sustainable performance, the cash flow dynamic changes meaningfully.
Hyper Growth (1-Step Evaluation)
Hyper Growth is an instant-funding-style program. One evaluation phase, no phase 2. Accounts are smaller, and the commission structure is lighter.
Program specs:
- Account sizes: $5,000 / $10,000 / $20,000 (maximum $40,000 across all combined accounts)
- Profit target: 10%
- Stop-out level: 6% below initial account size (not a trailing drawdown; a fixed floor from the starting balance)
- Daily loss: 3%
- Leverage: 1:30 forex; 1:25 indices and metals; 1:1.5 commodities; 1:0.60 crypto
- No minimum trading days required to pass
- No time limit; 30-day inactivity rule applies
- Profit split starts at 50% at evaluation, rises to 75% at funded stage, scales to 100%
- Entry cost for $5,000: $74
- Bonuses paid in hub credits at each scaling milestone, starting at $15 and reaching $1,600
The 6% stop-out is a fixed level from the initial balance, not an end-of-day trailing drawdown. That is structurally more forgiving in one sense, as the floor does not ratchet up as profits grow. But it also means the entire risk cushion is $300 on a $5,000 account, which is not much room for a volatile stretch.
News trading is allowed on Hyper Growth for most strategies. Bracket strategies, which involve placing simultaneous buy stop and sell stop orders around a news event, are prohibited across all programs.
Bootcamp (3-Step Evaluation)
Bootcamp is The5ers’ most accessible entry point in terms of upfront cost. The trader pays a small initial fee and only pays the balance upon successfully completing all three evaluation phases.
Program specs:
- Account sizes: $20,000 / $100,000 / $250,000 funded target
- Entry cost for $20,000 funded target: $22 to start; $50 total upon passing
- Entry cost for $100,000: $95 to start; $300 total upon passing
- Entry cost for $250,000: $225 to start; $575 total upon passing
- 3-phase evaluation structure (balances of $5,000, $10,000, $15,000 before the funded $20,000 stage)
- Profit target per phase: 6% (phases 1-3); 5% target at funded stage
- Maximum loss: 5% at evaluation phases; 4% at funded stage
- Daily pause: 3% at funded stage only
- Leverage: 1:30 forex; 1:25 indices and metals; 1:1.5 commodities; 1:0.60 crypto
- Profit split starts at 50% and scales to 100%
- Multiple accounts require different trading methods; no copying strategies across Bootcamp accounts
The pay-on-success model is unusual in this space. A trader who never passes all three evaluation phases only loses the entry fee, not the full program cost. For someone who is uncertain about their edge, Bootcamp lowers the financial risk of finding out.
The scaling path from $20,000 to $4,000,000 is the longest available at The5ers and reaches 100% profit split well before the maximum account size. That is the genuine appeal of the program for a trader with a patient, disciplined approach.
ProGrowth (1-Step, New Program)
ProGrowth is The5ers’ newest addition. It sits between Hyper Growth and High Stakes in structure, with one evaluation phase, slightly more favorable drawdown than Hyper Growth, and a 75% starting profit split at funded stage.
Program specs:
- Account sizes: $5,000 / $10,000 / $20,000
- Profit target: 10%
- Maximum overall loss: 6%
- Daily loss: 3%
- Minimum profitable days: 3
- Leverage: 1:30 forex; 1:25 indices and metals; 1:1.5 commodities; 1:0.60 crypto
- Profit split: 75% from funded stage
- Prices as listed: $74 for $5,000 / $140 for $10,000 / $270 for $20,000
ProGrowth is the only program that requires 3 profitable days to pass the evaluation (Hyper Growth has no minimum day requirement). The program is newer and its scaling plan mirrors High Stakes in structure.
The5ers Futures
The5ers launched a separate futures division with its own help center, a distinct platform, and two program variants.
Futures program specs:
- Account sizes: $25,000 / $50,000
- Evaluation profit target: 6%
- Maximum drawdown: 3% end-of-day (calculated from all-time highest midnight balance or equity, whichever is higher, trailing-locks to that peak)
- Consistency rule: No single trade can account for more than 30% of total profits
- No monthly fees on either program
- Profit split: 80/20 in the trader’s favor
- Platform: BlackArrow only (available on Windows, macOS, iOS, Android, and web)
- Instruments: Equity index futures (ES, NQ, YM, RTY, MES, MNQ, MYM, M2K), currency futures, metals, energy, and agriculture
- Commission: $5.00 round turn on standard contracts; $2.50 on micro contracts; rebates apply on the Rebate program
- HFT, algorithmic trading, and hedging are prohibited and result in a permanent ban
- Maximum 2 accounts simultaneously
Two program options:
Basecamp pays full commissions but has a low entry fee with the balance only due after passing the evaluation. The $25K Basecamp evaluation costs $50 upfront, with a $70 activation fee upon passing. The $50K Basecamp pricing is not displayed on the futures page.
The Rebate program charges a one-time fee upfront with no activation fee, and rebates 100% of daily commissions at the end of each trading day. The commission rebate resets daily. All commissions paid during the trading session are returned at midnight.
The EOD drawdown rule in futures is structurally different from the FX programs and deserves careful reading. The 3% floor trails up as the account reaches new midnight balance peaks, but it never comes back down if the account loses. On a $50,000 account that grows to $51,000 by end of day, the drawdown floor locks at $49,470. A loss of $500 the next day does not lower that floor. The buffer from the peak tightens with each new high, which creates a compounding risk dynamic for traders who run close to the limit.
The overnight holding rule has a practical compliance requirement: all positions exceeding 1 mini contract or 10 micro contracts must be closed at least 10 minutes before the 4:50 PM ET pre-close window. Failure to comply is listed as a termination event. Traders holding larger positions who forget to manage size before the window closes are at risk, not just of a fine or warning, but of losing the account.
The consistency rule applies at both evaluation and funded stages. If a single trade generates more than 30% of total profits, it becomes a “soft breach” that requires additional trading to bring the ratio back into compliance. Traders whose edge relies on a small number of large-profit trades will feel this constraint. In natural trading, a few outsized trades often drive the bulk of returns. The consistency rule directly conflicts with that reality.
Payout Structure
All The5ers programs pay out on a biweekly cycle, beginning 14 days after a funded account is activated. The cycle resets when an account is scaled.
Available withdrawal methods:
- Rise (3.5% commission)
- Cryptocurrency (3.5% commission; $1,500 per withdrawal limit on FX programs; USDT/USDC/ETH/LTC options)
- Bank transfer (3.5% commission plus any bank fees)
- Hub credits (no commission; non-withdrawable, usable only toward new program purchases)
The minimum withdrawal on FX accounts is $150 after the profit split. The futures programs use Rise, cryptocurrency, bank transfer, or hub credits as well, with a 3.5% commission on all cash methods. Payouts are processed within 5 to 8 business days.
The 3.5% commission on all cash withdrawals is a real cost that compounds at higher withdrawal amounts. A trader pulling $10,000 in profits pays $350 before receiving anything. Hub credits avoid the commission but cannot be withdrawn. They function as a discount on future program fees, not actual income.
Rules and Restrictions
Several rules apply across all programs that traders must understand before buying.
Stop-loss requirement: A visible stop-loss is required on all positions. Stealth-mode stop-losses, which are held off the platform and triggered manually, are not permitted.
Copy trading: Traders can copy their own trades across accounts within limits. Copying other traders’ signals or using third-party EAs that other traders also use is prohibited. On Hyper Growth specifically, copy trading across accounts is not allowed once total managed capital exceeds $500,000.
HFT and algorithmic trading: High-frequency trading, algorithmic bulk-order strategies, arbitrage, reverse arbitrage, and tick scalping are prohibited across all programs. Accounts found using these methods are terminated and permanently banned without refund.
Inactivity: Accounts without any placed trades for 30 consecutive days expire across all FX programs. The futures programs use a 14-day inactivity window instead.
KYC verification: All traders must complete KYC before a funded account is activated. The process is handled by a third-party provider. Delays in KYC can delay access to the funded account.
Payment compliance: All payments must be made from a card registered in the trader’s legal name. Payments from cards in another person’s name result in a disabled account and a refund to the original card. There are no exceptions.
Pricing
| Program | Account Size | Entry Cost |
|---|---|---|
| High Stakes (New) | $2,500 | $19 |
| Hyper Growth | $5,000 | $74 |
| Bootcamp | $20,000 (funded) | $22 upfront / $50 total |
| Bootcamp | $100,000 (funded) | $95 upfront / $300 total |
| Bootcamp | $250,000 (funded) | $225 upfront / $575 total |
| ProGrowth | $5,000 | $74 |
| ProGrowth | $10,000 | $140 |
| ProGrowth | $20,000 | $270 |
| Futures Basecamp | $25,000 | $50 upfront + $70 activation on passing |
Note: cTrader adds a $10 fee to any FX program price. Futures programs use BlackArrow only.
Platforms
FX programs support MT5 and cTrader, available on desktop, web, iOS, and Android. The cTrader add-on costs $10 extra per program. Futures programs use BlackArrow exclusively, which runs on Windows, macOS, iOS, Android, and web browsers.
Pros and Cons
Pros:
- 10 years of operation since 2016, with over 1.6 million trading accounts opened and 3,741 monthly payouts processed
- High Stakes offers 1:100 leverage on forex, which is meaningfully higher than most competing programs
- Bootcamp’s pay-on-success model limits upfront risk to the entry fee only
- Monthly fixed salary at $350,000+ on High Stakes is a real income structure, not a marketing claim
- Futures program includes commission rebates that eliminate daily commission costs on the Rebate plan
- Futures scaling grows both buying power and contract limits at each milestone
- No time limit on any program evaluation
Cons:
- The consistency rule on futures is a genuine constraint on natural trading. Any single trade generating more than 30% of total profits creates a soft breach that requires recovery trading to resolve. Traders who rely on a few large winning trades per month will find this rule actively works against their approach.
- The 3.5% commission on all cash withdrawals is a compounding drag at higher payout amounts, and hub credits, which avoid the fee, are not withdrawable.
- Futures is limited to the BlackArrow platform, which has no track record comparable to MT5 or cTrader. Traders who prefer established platforms have no alternative.
- The futures overnight rule, requiring all positions above 1 mini or 10 micro contracts to be closed 10 minutes before market close, creates a compliance burden. Missing the window is a termination event, not a warning.
- High Stakes news restriction is asymmetric: profits from restricted-window trades are removed, losses are not. That is a one-sided rule.
Bottom Line
The5ers has earned its position as one of the more credible prop firms operating today. The program depth is genuine. Different traders with different styles and risk tolerances will find something that fits. High Stakes suits a swing trader or position trader who wants maximum leverage and room for a handful of bad days. Bootcamp suits a disciplined trader who can demonstrate edge over three stages and wants to build toward a very large account with minimal upfront cost. Hyper Growth is the lowest barrier to real capital, with the smallest upfront fee and no minimum trading day requirement.
The futures offering adds meaningful optionality for traders who want to move away from forex CFDs into exchange-traded instruments with transparent pricing. The commission rebate on the Rebate program is a genuine differentiator that lowers effective trading costs in a measurable way.
The rules are real, though. The consistency rule in futures, the news trading restriction on High Stakes, the asymmetric profit removal policy, and the overnight position compliance requirement are all things that cost funded traders actual money if they are not fully internalized before trading begins. These are not minor footnotes. They are mechanics that determine whether the program works in the trader’s favor or against it.
Alternatives to The5ers: FundedNext review, Funded Trading Plus funded account review
Frequently Asked Questions
What programs does The5ers offer?
The5ers runs four forex and CFD programs plus a separate futures division. High Stakes is the flagship two-step evaluation with 1:100 forex leverage, Hyper Growth is a one-step instant-funding-style program, Bootcamp is a three-step evaluation with a pay-on-success model, and ProGrowth is a newer one-step option. The futures division trades exchange-listed CME contracts on the BlackArrow platform, which is the part most relevant to US traders since CFDs are not available to US retail.
Is The5ers a forex or futures prop firm?
It is both, but the two sides are structurally separate. The forex and CFD programs cover currencies, metals, indices, commodities, and crypto on MT5 or cTrader, while the futures division trades equity index, currency, metals, energy, and agriculture futures exclusively on the BlackArrow platform. US-based traders cannot access CFDs, so the futures division is the relevant route for them, offering an 80/20 split and a commission-rebate option.
How do payouts work at The5ers?
All programs pay on a biweekly cycle that begins 14 days after a funded account is activated, and the cycle resets when an account is scaled. Withdrawals run through Rise, cryptocurrency, or bank transfer, each carrying a 3.5% commission, while hub credits avoid the fee but cannot be withdrawn and only apply toward new program purchases. The minimum withdrawal on forex accounts is $150 after the profit split, with processing in 5 to 8 business days.
What is the consistency rule at The5ers?
On the futures programs, no single trade can account for more than 30% of total profits, and exceeding that creates a soft breach requiring additional trading to bring the ratio back into compliance. It applies at both the evaluation and funded stages, which is stricter than firms that limit it to the evaluation only. The rule works against traders whose edge relies on a few large winning trades, since in natural trading a small number of trades often drive most of the returns.