The5ers Review

Company and trust

The5ers was founded in 2016 and is one of the longer-running names in the prop-trading space, operating under Five Percent Online Ltd, registered in both the UK and Israel. The company reports over 260,000 registered traders and more than 1.6 million trading accounts opened since launch, with a team of roughly 170 employees.

As with other prop firms, The5ers accounts are simulated rather than live brokerage accounts, and payouts are drawn from the firm's own capital based on demonstrated performance. Its Trustpilot record, built over tens of thousands of reviews, is a strong proxy for trust given the absence of financial-services regulation for this business model.

Challenge rules

The5ers offers a range of programs: a 1-Step evaluation, a 2-Step 'High Stakes' path, a 3-Step 'Bootcamp' option, and instant-funding-style programs that skip a formal evaluation phase in favor of immediate simulated capital. A separate Futures product line covers CME-style futures instruments.

Typical rules include a 10% profit target, a 3% daily loss limit, and a 6% maximum loss limit, along with a consistency requirement that roughly half of a trader's active days be profitable. Traders can hold up to two active accounts simultaneously.

Profit split and payouts

Profit split starts lower than some competitors — commonly cited between 50% and 75% depending on the program — but rises through the scaling ladder toward 100% at the top tier for consistently profitable traders. Early payouts can be capped (around $2,000) until scaling removes the limit.

The scaling program can grow a funded account toward $4 million in simulated capital through repeated profit milestones, with payouts processed on a recurring cycle (commonly described as monthly or bi-weekly depending on the program) once minimum withdrawal thresholds, typically $250, are met.

Platforms and instruments

The5ers trades exclusively on MetaTrader 5 for its CFD programs, which is narrower than firms offering MT4, cTrader, or proprietary platforms as well. Its separate Futures division uses different infrastructure for CME-style futures products.

Instruments available on the CFD side include forex, indices, and commodities; cryptocurrency and individual stock CFDs are more limited than at some competitors.

Trading restrictions

The5ers generally permits news trading, weekend holding, and EA use on its standard programs, making it comparatively flexible for algorithmic and swing traders, though the consistency requirement (roughly half of trading days profitable) adds a discipline constraint not found at every firm. A maximum of two simultaneous active accounts also caps how much capital a single trader can access at once before scaling.

Clients based in the United States and other sanctioned jurisdictions are not accepted.

Support

Support is available via live chat and email during defined hours (Sunday-Thursday 07:00-15:00 GMT, Friday mornings), which is more limited than firms offering true 24/7 coverage. Independent reviews generally describe support as responsive within those hours, and the firm's long operating history and consistent Trustpilot rating support its reputation for reliability.

Who is it for

The5ers suits patient, consistency-focused traders who prefer a long-horizon scaling path over the fastest possible payout, and traders drawn to genuine instant-funding-style programs rather than a mandatory multi-phase evaluation. Its low entry fees on smaller accounts also make it accessible for traders testing prop trading for the first time.

Traders who need MT4, cTrader, or a wide instrument list including deep crypto and stock CFD coverage, or who want the highest possible starting profit split, may prefer a different firm.