The5ers Coupon Code PFKEY — Verified Discount (Apr 2026)

The5ers Complete Guide 2026 — Overview

The5ers, established in 2016, has quickly become a prominent player in the proprietary trading firm landscape. Headquartered in Ra'anana, Israel, The5ers provides traders with the opportunity to manage substantial capital, potentially reaching up to $4,000,000. This firm operates in both bull and bear market conditions, offering a platform for traders to capitalize on various market movements. With a Trustpilot rating of 4.75/5 based on over 20637 reviews, The5ers demonstrates a strong commitment to customer satisfaction and a reliable trading environment.

The core offering of The5ers revolves around providing funded trading accounts to individuals who can demonstrate their trading skills through evaluation challenges. These challenges vary in structure, including 1-step, 2-step, and 3-step evaluation processes, each with specific profit targets and risk management parameters. The firm offers a range of account sizes and pricing options, catering to traders with different experience levels and risk appetites. The starting price for an evaluation begins at $22, making it relatively accessible for aspiring funded traders.

One of the most attractive features of The5ers is its potential for high profit splits, reaching up to 100% for successful traders. This, coupled with a scaling program, allows traders to significantly increase their capital allocation as they consistently demonstrate profitability. The firm supports popular trading platforms like MT5 and cTrader, providing traders with familiar and robust tools for executing their strategies. The5ers also allows a wide range of trading strategies, including scalping, the use of trading bots/EAs, news trading, weekend holding, and hedging. Copy trading and HFT (High-Frequency Trading) are not permitted.

The5ers' risk management framework includes daily loss limits and maximum loss limits, with an equity drawdown model. This requires traders to manage their risk effectively to protect their funded accounts. Payouts are processed bi-weekly via Rise, Crypto, or Bank Transfer, with the first payout occurring after 14 days. The evaluation fees are refundable, adding another layer of appeal for traders considering joining the platform. While The5ers does not accept US traders, it offers live chat support to assist traders with any queries or issues they may encounter. The combination of substantial funding potential, flexible trading strategies, and a strong reputation makes The5ers a compelling choice for experienced traders seeking to elevate their trading careers.

How to Save 5% on The5ers with Coupon Code PFKEY

Using a coupon code is the simplest way to reduce the cost of your The5ers trading challenge. The code PFKEY provides an exclusive 5% discount on all The5ers evaluation plans. Here is how to apply it:

1. Visit the The5ers website through our exclusive partner link on this page.

2. Select your preferred challenge — choose the account size and evaluation type that matches your trading goals.

3. Enter the coupon code `PFKEY` at checkout — the 5% discount will be applied instantly to your order total.

4. Complete your purchase — you will receive immediate access to your evaluation account.

This 5% discount with code `PFKEY` applies to all available The5ers challenge sizes. For example, if a challenge normally costs $500, you would pay only $475 after applying the code — saving $25 instantly.

The coupon code `PFKEY` is verified and updated regularly by our team. If the code does not work at checkout, return to this page for the most current discount code. Our exclusive partnership with The5ers ensures that the codes listed here provide the maximum available savings.

Company Background

The5ers, a proprietary trading firm, was founded in 2016 and has been in operation for 10 years. The company is headquartered in Ra'anana, Israel, indicating its roots in the global financial technology landscape. The firm's CEO is Saul Lokier, who leads the company's strategic direction and operations. The fact that The5ers operates in both bull and bear market conditions suggests a robust business model designed to withstand varying economic climates.

The firm's establishment in 2016 marks its entry into a competitive market of prop trading firms. Over the past 10 years, The5ers has cultivated a significant presence in the industry, evidenced by its substantial Trustpilot rating of 4.75/5 from over 20637 reviews. This high rating suggests a strong focus on customer satisfaction and a reliable trading environment. The location of its headquarters in Israel places The5ers within a region known for technological innovation and a growing financial sector.

The leadership of Saul Lokier as CEO is crucial to the firm's success. His vision and management style likely influence the company's culture, strategic decisions, and overall performance. While specific details about his background and experience are not provided, his role as CEO implies a deep understanding of the financial markets and the prop trading industry.

The fact that The5ers operates in both bull and bear markets is a testament to its adaptability and resilience. This indicates that the firm has strategies and risk management protocols in place to navigate different market conditions, providing traders with opportunities to profit regardless of the prevailing economic climate. This is a significant advantage for traders, as it allows them to trade consistently without being overly affected by market volatility.

The combination of a relatively young founding date, a strong Trustpilot rating, and operations in both bull and bear markets paints a picture of a dynamic and customer-focused prop trading firm. The leadership of Saul Lokier and the firm's location in Israel further contribute to its unique identity and position within the industry. The5ers' focus on providing traders with substantial capital and flexible trading strategies has likely contributed to its growth and success over the past 10 years.

How The5ers Works

The5ers operates by providing traders with the opportunity to manage funded trading accounts after successfully completing an evaluation process. This process is designed to assess a trader's skills, risk management abilities, and consistency in generating profits. The evaluation process varies depending on the specific challenge or plan chosen by the trader, with options including 1-step, 2-step, and 3-step evaluations.

The core concept involves traders paying a fee to participate in a challenge. This fee grants them access to a demo account with specific trading conditions and objectives. The trader must then meet the specified profit target without violating the risk management rules, such as the daily loss limit and maximum loss limit. The drawdown type is equity-based, meaning that the drawdown is calculated based on the account's equity, which includes both realized and unrealized profits and losses.

In a 1-step evaluation, traders must meet a single profit target to pass the challenge and become funded. This type of evaluation is generally considered to be faster and more straightforward, but it may also require a higher level of skill and discipline. The Hyper Growth plans offered by The5ers are examples of 1-step evaluations.

In a 2-step evaluation, traders must meet two separate profit targets in two distinct phases. This type of evaluation is designed to assess a trader's consistency and ability to maintain profitability over a longer period. The High Stakes plans offered by The5ers are examples of 2-step evaluations. In the first phase, traders must achieve a specific profit target, such as 8.0%. If they succeed, they move on to the second phase, where they must achieve another profit target, such as 5.0%.

In a 3-step evaluation, traders must meet three separate profit targets in three distinct phases. This type of evaluation is designed to be more rigorous and comprehensive, assessing a trader's ability to perform under different market conditions and maintain profitability over an extended period. The Bootcamp plans offered by The5ers are examples of 3-step evaluations. In each phase, traders must achieve a specific profit target, such as 6.0%.

Upon successfully completing the evaluation process, traders are granted access to a funded trading account with a specific capital allocation. The maximum allocation can reach up to $4,000,000, depending on the trader's performance and the scaling program. The profit split varies depending on the specific challenge or plan, with some plans offering up to 100% profit splits.

Traders are expected to adhere to the trading rules and risk management guidelines set by The5ers. These rules include daily loss limits, maximum loss limits, and restrictions on certain trading strategies, such as copy trading and HFT. Traders are allowed to use a variety of trading strategies, including scalping, trading bots/EAs, news trading, weekend holding, and hedging.

The5ers provides traders with access to popular trading platforms like MT5 and cTrader, as well as direct institutional LPs. Payouts are processed bi-weekly via Rise, Crypto, or Bank Transfer, with the first payout occurring after 14 days. The evaluation fees are refundable, providing traders with an added incentive to participate in the challenges.

Challenge Options and Pricing

The5ers offers a variety of challenge options to suit different trading styles, risk appetites, and capital requirements. Each challenge has its own pricing, profit targets, loss limits, and profit split. Here's a detailed breakdown of each challenge:

High Stakes Challenges:

The High Stakes challenges are designed for traders who prefer a 2-step evaluation process. These challenges offer a higher profit split of 80.0% but also come with a more lenient daily loss limit of 5.0% and a maximum loss of 10.0%. The profit targets for Phase 1 and Phase 2 are 8.0% and 5.0%, respectively. The pricing for the High Stakes challenges varies depending on the account size:

• $2,500 Account: The price for the $2,500 High Stakes challenge is $22.0. This is the lowest entry point offered by The5ers.
• $5,000 Account: The price for the $5,000 High Stakes challenge is $39.0.
• $10,000 Account: The price for the $10,000 High Stakes challenge is $78.0.
• $25,000 Account: The price for the $25,000 High Stakes challenge is $195.0.
• $50,000 Account: The price for the $50,000 High Stakes challenge is $309.0.
• $100,000 Account: The price for the $100,000 High Stakes challenge is $545.0.

Hyper Growth Challenges:

The Hyper Growth challenges are designed for traders who prefer a 1-step evaluation process. These challenges offer a lower profit split of 50.0% but also come with a stricter daily loss limit of 3.0% and a maximum loss of 6.0%. The profit target for Phase 1 is 10.0%. The pricing for the Hyper Growth challenges varies depending on the account size:

• $5,000 Account: The price for the $5,000 Hyper Growth challenge is $260.0.
• $10,000 Account: The price for the $10,000 Hyper Growth challenge is $450.0.
• $20,000 Account: The price for the $20,000 Hyper Growth challenge is $850.0.

Bootcamp Challenges:

The Bootcamp challenges are designed for traders who prefer a 3-step evaluation process. These challenges offer a profit split of 50.0% and come with a very strict daily loss limit of 0.0% and a maximum loss of 5.0%. The profit target for each of the three phases is 6.0%. The pricing for the Bootcamp challenges varies depending on the account size:

• $100,000 Account: The price for the $100,000 Bootcamp challenge is $95.0.
• $250,000 Account: The price for the $250,000 Bootcamp challenge is $225.0.

The variety of challenge options allows traders to select a program that aligns with their trading style, risk tolerance, and capital goals. The High Stakes challenges offer a higher profit split but require traders to navigate a 2-step evaluation process with more lenient loss limits. The Hyper Growth challenges offer a faster 1-step evaluation but come with a lower profit split and stricter loss limits. The Bootcamp challenges offer a 3-step evaluation with the strictest loss limits. The starting price of $22.0 for the $2,500 High Stakes challenge makes The5ers relatively accessible for traders looking to begin their journey with a prop firm.

Trading Rules and Risk Management

The5ers implements a comprehensive set of trading rules and risk management guidelines to ensure the sustainability of its funded accounts and to protect the firm's capital. These rules are designed to promote disciplined trading behavior and to prevent traders from taking excessive risks. Key components of the risk management framework include daily loss limits, maximum loss limits, drawdown type, and minimum trading days.

Daily Loss Limit:

The daily loss limit is the maximum amount of money a trader can lose in a single trading day. This limit is expressed as a percentage of the account balance. The daily loss limit varies depending on the specific challenge or plan chosen by the trader. For the High Stakes challenges, the daily loss limit is 5.0%. For the Hyper Growth challenges, the daily loss limit is 3.0%. For the Bootcamp challenges, the daily loss limit is 0.0%.

A 0.0% daily loss limit, as seen in the Bootcamp challenges, means that the trader cannot incur any losses on a given day. This requires extremely precise and conservative trading.

Maximum Loss Limit:

The maximum loss limit is the maximum amount of money a trader can lose overall on the account. This limit is also expressed as a percentage of the initial account balance. The maximum loss limit also varies depending on the specific challenge or plan chosen by the trader. For the High Stakes challenges, the maximum loss limit is 10.0%. For the Hyper Growth challenges, the maximum loss limit is 6.0%. For the Bootcamp challenges, the maximum loss limit is 5.0%.

Drawdown Type:

The drawdown type refers to the method used to calculate the drawdown on the account. The5ers uses an equity drawdown model. This means that the drawdown is calculated based on the account's equity, which includes both realized and unrealized profits and losses. This is a crucial distinction because it means that even unrealized losses can contribute to hitting the maximum drawdown limit. This requires traders to be particularly vigilant in managing their open positions and to avoid holding onto losing trades for too long.

Minimum Trading Days:

The minimum trading days requirement refers to the number of days a trader must trade to be eligible for a payout or to pass the evaluation. The5ers has a minimum trading days requirement of 0. This means that there is no minimum number of days a trader must trade to be eligible for a payout or to pass the evaluation. This provides traders with flexibility in their trading schedule and allows them to focus on trading quality over quantity.

The combination of these risk management rules is designed to create a balanced trading environment that encourages disciplined trading behavior while still allowing traders to pursue profitable opportunities. The daily loss limit helps to prevent traders from incurring large losses in a single day, while the maximum loss limit protects the firm's capital from excessive risk. The equity drawdown model requires traders to be particularly vigilant in managing their open positions, and the absence of a minimum trading days requirement provides traders with flexibility in their trading schedule.

Traders must carefully consider these risk management rules when selecting a challenge or plan and when developing their trading strategies. It is essential to understand the implications of each rule and to develop a trading plan that aligns with the firm's risk management guidelines. Failure to comply with these rules can result in the termination of the funded account.

Profit Split and Payouts

The profit split and payout structure are critical aspects of any prop trading firm, as they determine how traders are compensated for their successful trading activities. The5ers offers a competitive profit split and a transparent payout process, designed to incentivize traders and reward their profitability.

Profit Split Percentage:

The profit split percentage refers to the portion of the profits that the trader receives, with the remaining portion going to The5ers. The profit split percentage varies depending on the specific challenge or plan chosen by the trader. The High Stakes challenges offer a profit split of 80.0%, while the Hyper Growth and Bootcamp challenges offer a profit split of 50.0%. In some cases, The5ers offers up to 100% profit splits, making it a very attractive option for traders seeking to maximize their earnings.

Payout Frequency:

The payout frequency refers to how often traders receive their share of the profits. The5ers offers a bi-weekly payout frequency. This means that traders receive their payouts every two weeks. This frequent payout schedule provides traders with a consistent stream of income and allows them to reinvest their profits more quickly.

Payout Methods:

The payout methods refer to the ways in which traders can receive their payouts. The5ers offers several payout methods, including Rise, Crypto, and Bank Transfer. This provides traders with flexibility in choosing the payout method that best suits their needs and preferences.

• Rise: Rise is a payment platform that allows traders to receive payouts in their local currency.
• Crypto: Crypto payouts are processed using various cryptocurrencies, providing traders with a fast and secure way to receive their earnings.
• Bank Transfer: Bank Transfer payouts are processed directly to the trader's bank account.

First Payout Timeline:

The first payout timeline refers to the amount of time it takes for a trader to receive their first payout after becoming funded. The5ers offers a first payout after 14 days. This relatively short timeline allows traders to quickly start earning from their trading activities.

The combination of a competitive profit split, a bi-weekly payout frequency, and a variety of payout methods makes The5ers an attractive option for traders seeking to generate consistent income from their trading activities. The potential for up to 100% profit splits is a significant incentive for traders to perform at their best and to maximize their profitability. The bi-weekly payout frequency provides traders with a consistent stream of income, and the variety of payout methods allows them to choose the option that best suits their needs. The relatively short first payout timeline allows traders to quickly start earning from their trading activities.

Traders should carefully consider the profit split and payout structure when selecting a challenge or plan and when developing their trading strategies. It is essential to understand the implications of each aspect of the payout process and to choose a plan that aligns with their financial goals.

Trading Platforms and Tools

The choice of trading platform is crucial for any trader, as it directly impacts their ability to execute trades efficiently and effectively. The5ers offers access to two popular and robust trading platforms: MT5 (MetaTrader 5) and cTrader.

MT5 (MetaTrader 5):

MT5 is a widely used multi-asset trading platform known for its versatility and comprehensive features. It is the successor to MetaTrader 4 (MT4) and offers a range of advanced tools and functionalities for trading various financial instruments, including forex, stocks, commodities, and indices.

Key features of MT5 include:

• Advanced Charting Tools: MT5 provides a wide range of charting tools and technical indicators to help traders analyze market trends and identify potential trading opportunities.
• Automated Trading: MT5 supports automated trading through the use of Expert Advisors (EAs), which are trading robots that can execute trades automatically based on predefined rules and strategies.
• Multiple Order Types: MT5 offers a variety of order types, including market orders, limit orders, stop orders, and trailing stop orders, allowing traders to execute trades with precision and control.
• Depth of Market (DOM): MT5 provides access to the Depth of Market (DOM), which shows the real-time order book and provides traders with insights into market liquidity and order flow.
• Economic Calendar: MT5 includes an integrated economic calendar, which provides traders with information on upcoming economic events and their potential impact on the markets.

cTrader:

cTrader is another popular trading platform known for its speed, transparency, and advanced order execution capabilities. It is designed specifically for experienced traders who demand precision and control over their trading activities.

Key features of cTrader include:

• Level II Pricing: cTrader provides access to Level II pricing, which shows the real-time order book and provides traders with insights into market depth and liquidity.
• Advanced Order Types: cTrader offers a variety of advanced order types, including VWAP orders, TWAP orders, and iceberg orders, allowing traders to execute large orders without significantly impacting the market.
• Depth of Market (DOM): cTrader provides a comprehensive Depth of Market (DOM) interface, which allows traders to analyze market liquidity and order flow in detail.
• Charting Tools: cTrader offers a range of charting tools and technical indicators to help traders analyze market trends and identify potential trading opportunities.
• Automated Trading: cTrader supports automated trading through the use of cBots, which are trading robots that can execute trades automatically based on predefined rules and strategies.

Broker Relationship:

The5ers utilizes direct institutional LPs (Liquidity Providers) to execute trades. This means that The5ers has established direct relationships with major financial institutions that provide liquidity to the market. This direct access to liquidity can result in faster order execution, tighter spreads, and reduced slippage.

The availability of MT5 and cTrader provides traders with a choice of trading platforms that cater to different trading styles and preferences. MT5 is a versatile platform that is suitable for both novice and experienced traders, while cTrader is designed specifically for experienced traders who demand precision and control over their trading activities. The use of direct institutional LPs ensures that traders have access to competitive pricing and fast order execution.

Traders should carefully consider the features and functionalities of each platform when choosing the one that best suits their needs. It is also important to understand the broker relationship and the potential benefits of direct access to liquidity.

Allowed Trading Strategies

The5ers allows a wide range of trading strategies, providing traders with the flexibility to implement their preferred methods and capitalize on various market opportunities. However, certain strategies are prohibited to ensure fair trading practices and to protect the firm's capital.

Allowed Strategies:

• Scalping: Scalping is a trading strategy that involves making numerous small profits by exploiting small price movements. The5ers allows scalping, providing traders with the opportunity to profit from short-term market fluctuations.
• Trading Bots/EAs: Trading bots, also known as Expert Advisors (EAs), are automated trading programs that can execute trades automatically based on predefined rules and strategies. The5ers allows the use of trading bots/EAs, providing traders with the opportunity to automate their trading activities and to potentially improve their trading efficiency.
• News Trading: News trading is a strategy that involves trading based on the release of economic news and data. The5ers allows news trading, providing traders with the opportunity to profit from market volatility caused by news events.
• Weekend Holding: Weekend holding refers to holding positions open over the weekend. The5ers allows weekend holding, providing traders with the flexibility to hold positions for longer periods and to potentially profit from overnight market movements.
• Hedging: Hedging is a strategy that involves taking offsetting positions to reduce risk. The5ers allows hedging, providing traders with the opportunity to protect their positions from adverse market movements.

Prohibited Strategies:

• Copy Trading: Copy trading is a strategy that involves copying the trades of other traders. The5ers does not allow copy trading. This is likely to ensure that traders are making their own independent trading decisions and are not simply relying on the strategies of others.
• HFT (High-Frequency Trading): HFT is a strategy that involves using sophisticated algorithms and high-speed computers to execute a large number of orders in a very short period. The5ers does not allow HFT. This is likely due to the potential for HFT to create unfair advantages and to disrupt market stability.

The allowance of scalping, trading bots/EAs, news trading, weekend holding, and hedging provides traders with a wide range of options for implementing their preferred trading strategies. The prohibition of copy trading and HFT ensures fair trading practices and protects the firm's capital.

Traders should carefully consider the allowed and prohibited strategies when developing their trading plans. It is essential to understand the implications of each strategy and to choose methods that align with the firm's guidelines. Failure to comply with these guidelines can result in the termination of the funded account.

Scaling Program

The5ers offers a scaling program designed to reward successful traders and to provide them with the opportunity to manage larger capital allocations. While the specific details of the scaling program are not provided, the existence of such a program indicates that The5ers recognizes and rewards consistent profitability.

Generally, scaling programs work by increasing a trader's capital allocation as they consistently meet certain performance criteria. These criteria typically include achieving specific profit targets, maintaining consistent profitability over a certain period, and adhering to the firm's risk management guidelines.

As a trader progresses through the scaling program, they may be eligible for larger capital allocations, which can significantly increase their potential earnings. The scaling program provides traders with a strong incentive to perform at their best and to consistently demonstrate their trading skills.

The fact that The5ers offers a scaling program suggests that the firm is committed to supporting its traders and to providing them with opportunities for growth and advancement. The scaling program is likely a key component of The5ers' overall strategy for attracting and retaining talented traders.

Traders should inquire about the specific details of the scaling program when considering joining The5ers. It is important to understand the performance criteria and the potential benefits of participating in the program. The scaling program can be a significant factor in determining the overall value proposition of The5ers.

Who Should Choose The5ers?

The5ers is particularly well-suited for experienced, non-US based traders who are comfortable with MetaTrader 5 or cTrader and are looking for aggressive scaling opportunities. The firm's features and offerings cater to a specific type of trader:

• Experienced Traders: The evaluation process, with its profit targets and risk management rules, is designed to assess the skills and consistency of experienced traders. Novice traders may find the challenges more difficult to overcome.
• Non-US Based Traders: The5ers does not accept US traders, making it a suitable option for traders located outside of the United States.
• MT5 or cTrader Users: The firm supports MT5 and cTrader, making it a good fit for traders who are already familiar with these platforms or are willing to learn them.
• Traders Seeking Aggressive Scaling: The scaling program, combined with the potential for high profit splits, makes The5ers an attractive option for traders who are looking to rapidly increase their capital allocation and earnings.
• Traders Comfortable with Equity Drawdown: The equity drawdown model requires traders to be particularly vigilant in managing their open positions. Traders who are comfortable with this type of drawdown and who have a strong understanding of risk management will be well-suited for The5ers.
• Traders Seeking High Profit Splits: The potential for up to 100% profit splits is a significant incentive for traders who are looking to maximize their earnings.
• Traders Who Value Refundable Fees: The refundable fee policy provides traders with an added layer of security and reduces the financial risk of participating in the evaluation process.

The5ers is a good choice for traders who are looking for a prop firm that offers substantial capital, flexible trading strategies, and a strong reputation. The firm's focus on experienced traders, its support for popular trading platforms, and its aggressive scaling program make it a compelling option for those who are looking to take their trading careers to the next level.

Pros and Cons

Based solely on the provided data, here's an honest assessment of the pros and cons of The5ers:

Pros:

• High Trustpilot Rating: A 4.75/5 rating from over 20637 reviews indicates a strong reputation and customer satisfaction.
• High Maximum Allocation: The potential to manage up to $4,000,000 in capital is a significant advantage for successful traders.
• High Profit Split Potential: The possibility of earning up to 100% profit splits is a very attractive incentive.
• Scaling Program: The scaling program provides traders with the opportunity to increase their capital allocation as they consistently demonstrate profitability.
• Refundable Fee: The refundable fee policy reduces the financial risk of participating in the evaluation process.
• Flexible Trading Strategies: The allowance of scalping, trading bots/EAs, news trading, weekend holding, and hedging provides traders with a wide range of options for implementing their preferred trading strategies.
• Popular Trading Platforms: The support for MT5 and cTrader provides traders with access to robust and widely used trading platforms.
• Low Minimum Price: The starting price of $22 makes The5ers relatively accessible for traders looking to begin their journey with a prop firm.
• Bi-Weekly Payouts: The bi-weekly payout frequency provides traders with a consistent stream of income.

Cons:

• Equity Drawdown: The equity drawdown model requires traders to be particularly vigilant in managing their open positions, as even unrealized losses can contribute to hitting the maximum drawdown limit.
• No US Traders Accepted: The restriction on US traders limits the firm's potential customer base.
• Varying Profit Splits: The profit split varies depending on the specific challenge or plan, with some plans offering a lower profit split than others.
• No Free Trial: The absence of a free trial makes it difficult for traders to test the platform and its features before committing to a paid challenge.
• Strict Daily Loss Limits: Some challenges, such as the Bootcamp challenges, have very strict daily loss limits of 0.0%, which may be challenging for some traders.
• Copy Trading and HFT Not Allowed: The prohibition of copy trading and HFT may limit the options for some traders.

Overall, The5ers offers a compelling value proposition for experienced traders who are looking for a prop firm that provides substantial capital, flexible trading strategies, and a strong reputation. However, traders should carefully consider the potential drawbacks, such as the equity drawdown model and the restriction on US traders, before making a decision.

Frequently Asked Questions

Here are 10+ frequently asked questions about The5ers, based solely on the provided data:

Q1: What is The5ers?

A: The5ers is a proprietary trading firm that provides traders with the opportunity to manage funded trading accounts after successfully completing an evaluation process.

Q2: Where is The5ers located?

A: The5ers is headquartered in Ra'anana, Israel.

Q3: How long has The5ers been in operation?

A: The5ers was founded in 2016 and has been in operation for 10 years.

Q4: What is the maximum capital allocation offered by The5ers?

A: The5ers offers a maximum capital allocation of $4,000,000.

Q5: What trading platforms does The5ers support?

A: The5ers supports MT5 (MetaTrader 5) and cTrader.

Q6: What is the profit split offered by The5ers?

A: The profit split varies depending on the specific challenge or plan chosen by the trader. The High Stakes challenges offer a profit split of 80.0%, while the Hyper Growth and Bootcamp challenges offer a profit split of 50.0%. In some cases, The5ers offers up to 100% profit splits.

Q7: How often are payouts processed?

A: Payouts are processed bi-weekly.

Q8: What payout methods are available?

A: The payout methods available are Rise, Crypto, and Bank Transfer.

Q9: How long does it take to receive the first payout?

A: The first payout is processed after 14 days.

Q10: What is the drawdown type used by The5ers?

A: The5ers uses an equity drawdown model.

Q11: Are US traders accepted by The5ers?

A: No, The5ers does not accept US traders.

Q12: Is there a minimum trading days requirement?

A: No, there is no minimum trading days requirement.

Q13: What is the Trustpilot rating of The5ers?

A: The5ers has a Trustpilot rating of 4.75/5 based on over 20637 reviews.

Q14: Is the evaluation fee refundable?

A: Yes, the evaluation fee is refundable.

Q15: What trading strategies are allowed on The5ers?

A: The5ers allows scalping, trading bots/EAs, news trading, weekend holding, and hedging.

Q16: What trading strategies are not allowed on The5ers?

A: The5ers does not allow copy trading and HFT (High-Frequency Trading).

Final Verdict

The5ers presents a compelling opportunity for experienced, non-US based traders seeking substantial capital and flexible trading conditions. The firm's high Trustpilot rating (4.75/5 from over 20637 reviews) speaks volumes about its commitment to customer satisfaction and a reliable trading environment. The potential to manage up to $4,000,000 and earn up to 100% profit splits is a significant draw, making it one of the more lucrative options in the prop trading space.

The availability of popular platforms like MT5 and cTrader caters to a wide range of trading styles, while the allowance of various strategies such as scalping, EAs, and news trading provides traders with the freedom to implement their preferred methods. The scaling program further incentivizes consistent profitability, offering the potential for significant growth in capital allocation. The refundable fee adds a layer of security, mitigating the initial financial risk.

However, prospective traders should be mindful of the equity drawdown model, which demands disciplined risk management to protect their accounts. The absence of US trader acceptance is a limitation for some, and the varying profit splits across different challenges require careful consideration. Despite these drawbacks, the low entry price of $22 for the $2,500 High Stakes challenge makes The5ers accessible to a broader range of traders.

In conclusion, The5ers is a strong contender for experienced traders seeking to elevate their trading careers with significant funding and a supportive environment. The combination of high earning potential, flexible trading conditions, and a solid reputation makes it a worthwhile option to explore.