The 5ers Honest Review and Guide – Which Plan to Choose

This is one firm where I genuinely have a lot of positive things to say.

The5ers has been paying traders for over a decade. In an industry where firms come and go every 2–3 years, that matters.

Longevity in prop trading is not normal. And that alone already puts them above most CFD firms.

Video Review

What Is The5ers and How Does It Work?

The5ers is a proprietary trading firm that funds retail traders after they pass a structured evaluation process. Founded in 2016, the company has positioned itself differently from many fast-scaling prop firms by focusing on risk consistency, long-term growth, and capital preservation rather than aggressive short-term targets.

Brief Background & Reputation

Over the years, The5ers has built a reputation for being one of the more conservative and structured prop firms in the industry. Unlike newer firms that frequently change rules or payout models, The5ers is known for stability in its evaluation structure and scaling roadmap.

The 5ers At a Glance

4.8/5

CEO/Founders

Saul Lokier

Broker

Liquidity -Provider

Date Created

2016

Years in Operation

9

Platforms

cTrader MT5

Payment Methods

Apple Pay Bank Transfer Credit or Debit Card Crypto Google Pay PayPal

Payout Methods

Bank Transfer Crypto Riseworks

The 5ers Discount

The 5ers Discount

Check For Offers

The5ers Funding Programs Explained

The5ers offers multiple evaluation models designed for different trader profiles, and that each program differs in structure, scaling speed, and rule flexibility.

Bootcamp Overview

The Bootcamp Program is a structured three-phase evaluation model designed for traders who prefer gradual progression rather than immediate high leverage exposure. Unlike single or two-step challenges, Bootcamp requires traders to pass multiple stages before reaching a fully funded account, making it one of the more patient and milestone-based funding paths within The5ers ecosystem.

Because it is a three-phase evaluation, the process naturally takes more time compared to other programs. This structure favors disciplined traders who are comfortable proving consistency over several stages instead of aiming for rapid challenge completion.

Bootcamp generally operates with lower leverage compared to programs like High Stakes. This reduces aggressive risk potential but also encourages controlled position sizing and structured risk management. For traders who value steady capital growth and are not in a rush to scale quickly, this can be an advantage rather than a limitation.

High Stakes Overview

The High Stakes Program is the most balanced and widely chosen funding model within The5ers ecosystem. It is designed for traders who want competitive leverage, structured risk limits, and a clearly defined scaling roadmap without going through an extended multi-phase progression like Bootcamp.

The evaluation phase typically requires traders to reach an 8% profit target in Phase 1 and 5% in Phase 2 while respecting the maximum daily loss and overall drawdown limits. Once funded, traders can qualify for scaling by achieving a 10% profit milestone, which triggers account growth under The5ers’ structured scaling model.

High Stakes offers leverage up to 1:100, making it suitable for active traders such as scalpers, intraday traders, and swing traders. Weekend holding is allowed, which is a major advantage compared to firms that restrict Friday exposure.

However, traders must respect strict risk controls, including defined daily loss limits and the 2-minute restriction around high-impact news events. These rules are designed to promote controlled and disciplined performance.

Hyper Growth Overview

The Hyper Growth Program is designed for traders who aim for aggressive capital scaling while operating within a structured risk framework. Unlike Bootcamp’s multi-phase progression or High Stakes’ two-step model, Hyper Growth follows a more direct path: reach the profit target, become funded, and scale progressively at each milestone.

The evaluation phase requires a 10% profit target, with a 6% maximum stop-out level and a 3% daily pause limit. Leverage is capped at 1:30, encouraging controlled position sizing despite the faster growth potential.

One of the defining features of Hyper Growth is its scaling structure. Traders can double their account size at each milestone, allowing capital to grow progressively toward a maximum funding potential of up to $4,000,000, provided performance criteria are consistently met.

Additional characteristics include:

• Unlimited time to pass the evaluation
• Profit split up to 100% (based on scaling stage)
• No traditional daily stop-loss reset model (uses structured daily pause instead)
• Starting account sizes typically include $5K, $10K, and $20K options

Which Evaluation Suits You Best?

Trader Type / StyleSuitabilityWhy? (The Specific Rule or Feature)Best Account Choice
Indices Scalper⭐⭐⭐0% Commission on Indices. The 5ers offers raw spreads with no commission on major indices (US30, NAS100, etc.), providing a major edge for high-frequency entries.High Stakes (Lowest spreads)
Data-Driven / Systematic⭐⭐⭐The 5ers Dashboard provides advanced equity curves, risk statistics, and automated journaling tools that help systematic traders refine their edge.Any Program
Swing Trader⭐⭐⭐Weekend Holding is allowed on all programs. Unlike many firms, you don’t need a specific “Swing” account to hold over Saturday/Sunday.High Stakes (High leverage: 1:100)
Forex Day Trader⭐⭐Competitive spreads and fast execution. However, you must be aware of the 2-minute news rule on certain accounts.High Stakes
News Trader2-Minute Rule. On High Stakes accounts, executing orders 2 minutes before/after High Impact news is prohibited. Profits from such trades are deducted.Hyper Growth (More relaxed news rules)
“YOLO” / AggressiveNo Gambling Policy. The 5ers strictly monitors for “all-in” behavior. While they don’t have a rigid % consistency rule like some firms, they will ban accounts for “gambling” or “one-sided bets.”N/A
HFT / Arbitrage BotStrictly Banned. High-Frequency Trading, Latency Arbitrage, and Tick Scalping are prohibited. Your account will be terminated if detected.N/A
Copy Trader⚠️Personal Only. You can copy from your own external accounts, but using public “Pass Your Challenge” services or copying other traders is a bannable offense.High Stakes

The 5ers Major Rules Explained

The5ers enforces structured risk management rules designed to promote disciplined trading rather than aggressive capital exposure. While different programs (Bootcamp, High Stakes, Hyper Growth) have slight variations, the core framework revolves around drawdown limits, daily risk control, profit targets, and behavior monitoring.

Daily Pause Rule Explained (Program Differences)

Unlike many prop firms that use a hard “daily stop-loss breach,” The5ers applies different daily risk control mechanisms depending on the program.

Hyper Growth – 3% Daily Pause

In the Hyper Growth program, a 3% daily pause applies. Importantly, this does not permanently breach or terminate the account. Instead, if your equity drops by 3% in a single trading day, trading activity is paused for the remainder of that day.

The account remains active and resets the following day, provided the overall stop-out level (6%) is not violated.

This structure is designed to:
• Prevent overtrading
• Control emotional decision-making
• Limit intraday damage without immediate disqualification


High Stakes – 5% Daily Pause

The High Stakes two-step evaluation applies a 5% daily pause mechanism. Similar to Hyper Growth, hitting this level pauses trading activity for the rest of the day rather than instantly failing the account.

However, breaching the overall maximum drawdown still results in account termination.

This gives traders slightly more intraday flexibility compared to Hyper Growth but still enforces structured discipline.


Bootcamp – No Daily Pause During Evaluation

The Bootcamp program does not apply a daily pause during its three evaluation phases. Traders must manage their risk strictly within the overall drawdown limits.

After becoming funded, a 3% daily pause mechanism is introduced.

This means Bootcamp evaluation relies more heavily on self-discipline rather than automated intraday restriction.

Does the 5ers Pays?

The5ers is not a new hype firm.

They have been operating and paying traders consistently for more than 10 years.

That track record is rare in the CFD prop space.

If stability matters to you, this is one of the safest names in the industry.


Best Plan Overall – High Stakes (2 Step)

If you ask me which plan to choose:

High Stakes – 2 Step

Everything about it feels balanced.

  • 3% daily drawdown
  • Real breathing room for traders
  • No forced 1% daily limits like some other prop firms

That 3% daily DD gives proper space for position management without constantly feeling choked.

I’ve covered this in individual reviews as well — structurally, it’s one of the most trader-friendly evaluation models in CFD prop firms.


Trading Conditions – Strong Spreads & Execution

Another big positive: very good spreads, even during volatile market conditions.

That’s important.

Many firms widen spreads aggressively during news or volatility spikes.

The5ers has been consistently stable in this area, which makes it suitable for active intraday traders and swing traders alike.

The 5ers Discount

The 5ers Discount

Check For Offers

The Scaling Program – Best in CFD Prop Firms

The5ers scaling model is honestly insane.

It’s one of the most structured and realistic scaling systems in the industry.

You’re not just passing a challenge — you’re building capital over time.

For long-term traders, this matters more than flashy instant funding models.


Important: Gold Traders Should Read This

If you primarily trade Gold (XAUUSD), leverage can become a limitation here.

The5ers can restrict lot sizing depending on account structure.

If your strategy depends heavily on higher leverage for metals, you may want to consider alternatives like:

Both can be more flexible for aggressive gold traders.

But for structured growth and controlled risk trading, The5ers remains excellent.


Avoid Bootcamp (Unless You’re Very Patient)

I’ll be honest here.

The Bootcamp challenge is long.

Very long.

Three phases.

And even after passing all phases, you start with a 50/50 profit split.

Yes, it increases later.

But compared to High Stakes, it just feels unnecessarily stretched.

Unless you specifically prefer that structure, High Stakes makes much more sense.


Final Verdict

What The5ers offers:

  • Proven 10+ year track record
  • Consistent payouts
  • Balanced 1-step High Stakes model
  • Very good spreads even in volatile markets
  • Best-in-class scaling program

What to watch:

  • Leverage limitations for gold traders
  • Bootcamp being long with lower initial split

If you want stability, structure, and long-term scaling — The5ers is one of the strongest CFD prop firms available.

If you need higher leverage for metals, FTMO or FXIFY may suit you better.

The 5ers Discount

The 5ers Discount

Check For Offers
  • Truth Score
  • Offers
  • Unique Rules
  • News Rules
  • Individual Evaluation Reviews
  • Video Explainer

Truth Score

9.2
TRUTH SCORE
ℹ️
Trust & Safety 10.0/10
Weight: 35%
Rules & Hidden Traps 10.0/10
Weight: 25%
Payout Experience 7.7/10
Weight: 20%
Trading Conditions 8.7/10
Weight: 15%
Value 8.0/10
Weight: 5%

Offers and Discounts

The 5ers Discount

The 5ers Discount

Check For Offers

Unique Rule Per Challenge Type

FeatureHigh Stakes (2-Step)Hyper Growth (1-Step)Bootcamp (3-Step)
Unique RuleMinimum Profitable DaysInstant Funding / ScalingMandatory Stop Loss
The SpecificsYou must have at least 3 profitable days in each phase. A day is “profitable” only if you gain 0.5% of the initial balance.You trade Live Capital from Level 1. Every time you hit a 10% target, your balance doubles automatically.Every position MUST have a Stop Loss. Risking more than 2% of the balance in one trade is a violation.
Daily Limit5% Daily Drawdown: This is equity-based and resets at midnight MT5 time.3% Daily Pause: If you lose 3%, the account is disabled for the day but not failed. You resume tomorrow.3% Daily Pause: (Only applies once funded). Hits the “pause” button instead of terminating the account.
News TradingRestricted: No opening or closing trades 2 minutes before/after High Impact news.Allowed: Fully allowed, including holding through news releases.Allowed: Fully allowed, including holding through news releases.
Drawdown Type10% Static: Based on the initial starting balance (Absolute).6% Static: Hard stop-out level at 6% below the starting balance.5% Overall (Demo): In the 3 evaluation steps, max loss is 5%. Once funded, it moves to 4%.
Leverage1:100 (Highest in firm)1:301:10 (Lowest in firm)

In simple terms:

• High Stakes = Balanced flexibility
• Hyper Growth = Faster scaling with tighter limits
• Bootcamp = Conservative, structured progression

News Rules

News trading is one of the most misunderstood rule areas across The5ers programs. While some accounts allow full participation during high-impact economic events, others enforce execution restrictions around scheduled news releases. Understanding these differences is critical, especially for traders who rely on volatility spikes during announcements such as CPI, NFP, or interest rate decisions.

The table below clearly outlines how each program handles news trading and bracketing strategies.

ProgramRule StatusThe 2-Minute RestrictionBracketing Strategy
High Stakes (2 step)RestrictedProhibited: You cannot execute (open/close) any orders 2 mins before or 2 mins after high-impact news.Banned: Using pending orders to “catch” the spike is not allowed.
Hyper Growth (1 step)AllowedNo Restriction: You can open or close trades exactly when news hits without penalty.Banned: “Bracketing” (Buy Stop + Sell Stop simultaneously) is prohibited.
Bootcamp (3 step)AllowedNo Restriction: Full freedom to trade news events throughout all 3 evaluation phases and funded stages.Banned: “Bracketing” (Buy Stop + Sell Stop simultaneously) is prohibited.

What This Means for Traders

The High Stakes (2-Step) program applies the strictest control around news events. The 2-minute restriction prevents traders from opening or closing positions immediately before or after high-impact announcements. This rule is designed to reduce exposure to extreme volatility spikes and protect firm capital. Traders who frequently trade macroeconomic releases may find this limiting.

Both Hyper Growth and Bootcamp allow full participation during news events, meaning traders can open, close, and hold positions during major announcements without time-based penalties. However, all programs strictly prohibit “bracketing” strategies, where traders place simultaneous Buy Stop and Sell Stop orders to capture a breakout spike.

Comparison Of All Challenges

The5ers One Step Hyper Growth vs Three Step Bootcamp vs Two Step High Stakes

 
 
Product Info
The5ers One Step Hyper Growth Challenge

The5ers One Step Hyper Growth Challenge

The5ers Three Step Bootcamp Challenge

The5ers Three Step Bootcamp Challenge

The5ers Two Step High Stakes Challenge

The5ers Two Step High Stakes Challenge

Consistency 3 Profitable Days NO 3 Profitable Days
Crypto Leverage 1:0.60 1:0.20 1:2
Fee Refund Yes Yes Yes
FX Leverage 1:30 1:10 1:100
Indices Leverage 1:7.5 1:2.5 1:25
Leverage 1:30 1:10 1:30
Maximum Daily Loss 3% 3% when funded 5%
Maximum Loss 6% 5%+5%+5% 10%+10%
Metals Leverage 1:10 1:3.3 Metals (Precious Metals): For accounts from $5,000 to $60,000: 1:15 For accounts $60,000 and above: 1:10
Minimum Trading Days 3 Profitable Days NA 3 Days For Scaling Otherwise No
News Trading Not Allowed Allowed with Restrictions Allowed with Restrictions
Profit Split 100% You Start with 50% profit split 100%
Profit Traget 10% 6%+6%+6% 10% Scaling, 8%+5%
Rewards Bi weekly Bi weekly Bi weekly

The 5ers FAQ

Is The5ers drawdown static or trailing?

The5ers uses a static drawdown model across all programs.

This means the maximum drawdown is calculated based on the initial starting balance and does not trail upward as your account grows. For example, if you start with a $10,000 account and the stop-out level is 6%, your account will be closed at $9,400 regardless of how much profit you make. The drawdown does not move with your equity.


What happens if I hit the daily pause limit?

Hitting the daily pause limit does not permanently fail the account.

If you reach the daily pause percentage (such as 3% or 5% depending on the program), trading is disabled for the remainder of the day. You can resume trading the next day once the system resets. However, breaching the overall stop-out level will still result in account termination.


Does The5ers count floating loss in daily limits?

No, The5ers does not use a floating trailing daily loss model.

The system operates under a static framework, and daily controls are structured around defined limits rather than a trailing floating equity mechanism. Traders should still manage floating losses carefully to avoid hitting overall drawdown levels.


Does The5ers allow news trading?

News trading is allowed in Hyper Growth (1-Step) and Bootcamp (3-Step) programs.

However, the High Stakes (2-Step) program enforces a 2-minute restriction around high-impact news events. Traders cannot open or close positions two minutes before or after major economic announcements in that model.


Is weekend holding allowed in The5ers?

Yes, weekend holding is allowed across all The5ers programs.

Traders can hold positions over Saturday and Sunday without requiring a special “swing account.” This provides flexibility for swing traders who prefer holding longer-term setups.


Is The5ers better than FTMO?

The answer depends on trading style, but in some areas The5ers offers structural advantages over FTMO.

The5ers uses a static daily control model and does not impose a 50% consistency rule on its 1-step program, which can make scaling more straightforward for disciplined traders. FTMO, on the other hand, includes a well-known 50% consistency rule in its 1-step challenge and uses different daily loss mechanics.

Traders who prefer static drawdown models and fewer consistency restrictions may find The5ers more flexible, while FTMO remains strong in brand reputation and structured evaluation standards.

Is bracketing allowed in The5ers?

No, bracketing strategies are not allowed.

Bracketing refers to placing simultaneous Buy Stop and Sell Stop pending orders around price before a news event in order to capture a breakout spike in either direction. The5ers prohibits this strategy across its programs, as it is considered an attempt to exploit volatility rather than trade a directional setup.


Does The5ers allow EAs or trading bots?

Yes, The5ers allows the use of Expert Advisors (EAs) and trading bots — but with strict limitations.

You may use your own automated strategy as long as it does not:

• Copy trades from another trader’s signals
• Perform tick scalping
• Engage in latency arbitrage
• Perform reverse arbitrage
• Perform hedge arbitrage
• Operate as high-frequency trading (HFT)
• Use trading emulators

The key rule is that your EA must reflect genuine trading logic and not exploit technical inefficiencies.


Is copy trading allowed in The5ers?

Copy trading is only allowed if you are copying trades from your own personal account.

Using third-party signal providers, public “pass your challenge” services, or copying another trader’s signals is prohibited and can result in account termination. The5ers expects traders to demonstrate their own strategy and performance.


Is hedging allowed in The5ers?

Standard hedging within your own account is generally allowed.

However, hedge arbitrage strategies — where traders attempt to exploit pricing inefficiencies between accounts, brokers, or instruments — are strictly prohibited. The firm monitors for abusive risk behavior and arbitrage-based execution tactics.

Traders should focus on legitimate risk management hedging rather than system exploitation.

Gourang Parekh

Gourang Parekh

Years of experience in trading and been trading prop firms since they launched. Tried many brokers and prop firms and tested a lot of tools. Spent a lot of time recently in crypto and CFD trading. I have Failed many prop firm challenges before i passed any.

I am also a certified financial planner and have a lot of experience in the credit industry. Edited pine scripts for Trading view as a hobby.

Expertise:

Prop Firms
Forex Brokers
Crypto Platforms

Prop Firm Trader

Leave a Comment