The5ers is a proprietary trading firm created in January 2016. It offers several program types, a set of clearly written trading rules and regular payouts of profit shares. This The5ers review covers the program structure, leverage by asset, trading costs, platforms, payout terms and key restrictions, so you can judge whether the model fits your trading before you pay for a challenge.
The5ers Overview
The5ers works differently from a standard retail broker. Instead of depositing your own capital and trading it directly, you pay for a program, trade a firm-provided account and keep a share of the profits you generate, subject to the firm's rules. Our database lists the firm with an overall rating of 3.00 out of 5. That score reflects a model that rewards disciplined traders but adds conditions that many people will find restrictive.
The firm lists its broker category as Commercial Liquidity Provider in its firm details. The product itself is a set of funded programs, so it helps to think of it as a challenge-based prop firm rather than a classic forex broker.
Regulation and Safety
Our records do not contain a verified regulatory licence or regulator name for The5ers, so this review does not state one. Before you pay for any program, check the firm's website for the legal entity behind the service, the jurisdiction it operates from and any regulatory disclosures. Do not rely on third-party claims alone.
Safety in a prop firm model also depends on the rules you agree to. Breaking a risk rule can end an account, and some violations can lead to a ban and non-refunded fees. Reading the full rulebook before you buy is the most practical protection you have.
Account Types and Program Requirements
The5ers lists program types labelled Instant, 1-Step, 2-Step and 3-Step. Its rules also refer to named programs, including Bootcamp, Hyper-Growth and High Stakes. Requirements differ between them, so confirm which program fits your plan on the current pricing page.
High Stakes Program
High Stakes requires at least 3 profitable days. A profitable day means closed trades reach at least 0.5% of the initial balance. This rule rewards consistency over one large trade.
Bootcamp Rules
Bootcamp is strict on risk management. Every trade and order needs a stop-loss, which must be set within 3 minutes of placing the trade. Stop-loss risk must not exceed 2% of the account balance per position. During the funded stage, a 3% daily pause (soft breach) applies. Opening a trade without a stop-loss, or risking more than 2% on one position, counts as a risk violation, and 5 violations lead to automatic account termination.
Inactivity Policy
Accounts expire if there are no new orders for 30 straight calendar days. If you plan to trade slowly or wait for setups, keep this deadline in mind.
Leverage by Program and Asset
Leverage depends on both the program type and the market you trade. Our database lists a maximum leverage of 1:500, but the program figures below are considerably lower for most instruments, so use the table as the practical reference for what applies to your account.
| Asset | Instant | 1-Step | 2-Step | 3-Step |
|---|---|---|---|---|
| FX | n/a | 1:30 | 1:100 | 1:10 |
| Metals | n/a | 1:10 | 1:15 | 1:3 |
| Indices | n/a | 1:7.5 | 1:25 | 1:2.5 |
| Energy | n/a | 1:1.5 | 1:5 | 1:0.5 |
| Crypto | n/a | 1:0.6 | 1:2 | 1:0.2 |
Lower leverage on higher-stage programs means your position sizes will be smaller relative to the account. That fits the firm's focus on capital protection, but it also means the program you choose affects how much you can realistically trade.
Fees, Commissions and Spreads
Trading costs at The5ers are mostly commissions, and they vary by market. The table below summarises the published figures.
| Market | Commission |
|---|---|
| FX | $4 per standard lot |
| Metals | 0.0001% per lot |
| Indices | No commissions |
| Energy | 0.0001% per lot |
| Crypto | 0.0001% per lot |
Our database does not record a spread figure for The5ers, and the source material does not give typical spreads. Check live quotes on the platform before trading, and compare the total cost of a round trip, including commission, against what you pay elsewhere. Our records list a minimum deposit of USD 2,500, but confirm whether this refers to the program fee or to funding on the current plan, as the two can differ in prop firm models.
Trading Platforms and Markets
The5ers offers CFD trading across FX, metals, indices, energy and crypto. Traders can use cTrader, which the firm recently added as an option for all traders, or MetaTrader 5, which remains available. Having both platforms helps if you already have workflows built around one of them.
Key Trading Rules and Restrictions
The rules are where most of the practical differences between programs show up. Read them in full before trading, not after your first warning.
News Trading
On Hyper-Growth and Bootcamp, news trading is allowed, but bracket strategies around news are not. On High Stakes, you cannot execute orders from 2 minutes before to 2 minutes after high-impact news.
Copy Trading
- Copy trading is allowed on High Stakes and Hyper-Growth, with limits.
- If you manage more than $500K, you can no longer place the same trades across accounts.
- Copying from an external account is allowed only if that account belongs to the same trader.
- Third-party copy trading is not allowed.
- Copy trading between two Bootcamp accounts is not allowed.
The5ers also mentions a partnership with Prop Firm One, which supports copying trades across different prop firm accounts within one platform. Check the current terms there before relying on it.
Expert Advisors
EAs are allowed if they follow the terms. Each EA must place a stop-loss on every trade. An EA must not copy trades from other people's signals, use tick scalping, latency arbitrage, reverse arbitrage or hedge arbitrage, or use emulators. If an EA breaks these rules, the account can be cancelled, the trader can be banned and fees are not refunded. The EA rules apply across programs, including Bootcamp and Instant Funding (Hyper Growth).
Prohibited Practices
The firm lists several behaviours it does not allow, including one-sided betting (repeatedly trading one direction without factoring in market conditions), arbitrage (exploiting price discrepancies), bracket strategies with pending orders around high-impact news, and using system errors such as price display problems or update delays.
Profit Splits, Deposits and Payouts
Profit split depends on the program. Bootcamp and Hyper-Growth start at a 50% split, which can rise to 75% as early as the next scale-up stage and can scale up to 100%. High Stakes starts at 80% and can scale up to 100%.
Withdrawals are available every two weeks, with a minimum withdrawal of $150 after the profit split is applied. Payout commissions are 2% for Riseworks and cryptocurrency payouts, 3% for bank transfers, and HUB Credits carry no commission percentage.
Funding and payment methods listed by the firm include Apple Pay, bank transfer, credit or debit card, crypto, Google Pay and PayPal. Payout methods include bank transfer, crypto and Riseworks.
Bonuses, Offers and Competitions
The current highlight is 25% off the listed price for any challenge. Promotions change, so confirm the offer and its end date on the site before you buy. The5ers has also announced weekly competitions with prizes including High Stakes and Bootcamp accounts, plus credits for additional placements. A 2026 Trading Prep live event is scheduled for December 22 at 12:00 GMT, focused on trading education and preparation for the year ahead.
Competitions and events can be useful for practice, but they do not change the underlying rules, so do not treat a prize or discount as a reason to trade riskier than your plan allows.
Customer Support
The source material for this review does not describe support channels, response times or language coverage, so we cannot give a verified assessment. Before you buy, send a pre-sales question about program rules or payouts and measure how quickly and clearly you get an answer. That test will tell you more about the support experience than any general description.
Restricted Countries
The5ers lists a number of restricted locations, including Afghanistan, Belarus, Burundi, Central African Republic, Crimea (Region of Ukraine), Cuba, the Democratic Republic of the Congo, Eritrea, Guinea, Guinea-Bissau, Iran, Iraq, Israel, Laos, Lebanon, Liberia, Libya, Myanmar, North Korea, the Palestinian Territory, Papua New Guinea, the Republic of the Congo, Russia, Somalia, South Sudan, Sudan, Syria, Vanuatu, Venezuela and Yemen. Check the full, current list on the firm's site, since eligibility can change.
Who The5ers Is For
The5ers is best suited to traders who already have a tested strategy and can keep to strict risk limits. It is less suited to beginners who need leeway for mistakes, or to traders who want high leverage on every instrument.
- Experienced traders who can place a stop-loss on every trade and stay within the 2% per-position limit
- Traders who want a structured, rules-based challenge path
- Index traders, since index trading carries no commissions
- EA users who can build within the EA rules
- Traders who value a choice of cTrader or MT5
If you are comparing options, our reviews of FundingPips, FundedNext and GFunded cover similar prop firm models and can help you weigh rules, costs and payouts side by side.
Trading involves risk, and prop firm programs can end quickly if rules are broken. Only pay for a program you understand, and never risk fees you cannot afford to lose.
