Founded in 2016, The5%ers is one of the leading prop firms for online traders. It boasts a 4.9/5 rating on Trustpilot based on over 9,000 independent reviews.

Successful traders can access up to $4 million in funding and there are three programs to choose from. What’s more, fees start from just $39.

Read on for our extensive The5%ers review. Learn about the different funding options, challenge requirements, available markets, fees, profit sharing, and more.

What Is The5%ers?

The5%ers is one of the largest prop firms for stay-at-home traders. It initially offers funded accounts of up to $250,000. This can be increased up to $4 million when meeting trading targets. Traders can choose from a “no evaluation” account, which provides instant funding without challenges.

Other accounts come with challenge requirements, albeit with more favorable trading terms. The5%ers supports the most popular asset classes, including forex, commodities, indices, and crypto. Stocks are also supported, but this goes through its subsidiary platform – Trade The Pool.

Those receiving a funded account will be eligible for a profit share. This goes up to 100%, depending on the program and the trader’s performance. Crucially, skilled traders can earn real money while trading The5%ers’ capital. However, drawdown limits are applied to all accounts, which, if breached, will result in termination.

How Does The5%ers Work?

The5%ers operates like most prop firms. First, traders choose their preferred program and funding amount. This determines the upfront fee, which is required to access funding.

Do note that two programs have challenge requirements. This means traders must meet profit targets within the permitted drawdown limit. Only then are real trading funds provided. The other program offers instant funding, so no challenge is needed.

Either way, The5%ers supports multiple asset classes, including forex, indices, crypto, and commodities. Trades are executed via MT5, enabling The5%ers to track performance metrics in real-time.

Traders earn a profit share of between 50% and 100%, which increases when meeting trading objectives. Payouts are made to the trader’s preferred payment method, including bank transfers (via Rise), debit/credit cards, and crypto.

Here’s a relatable example to highlight how The5%ers works:

• You opt for the Hyper Growth program, which provides instant funding without challenges.
• You receive $10,000, which requires an upfront fee of $260.
• The profit share on this account is initially 50%.
• Payouts are made every 14 days.
• After the first two-week period, you’ve grown the account by 15%. That’s a $1,500 profit on the $10,000 balance.
• You receive a 50% profit split, equating to $750.

Crucially, all funded accounts have a total and daily drawdown percentage. This specifies the maximum amount that can be lost before the account is terminated.

Available Funding Programs

In this section of our The5%ers review, we break down the three funding programs available in 2024.

Hyper Growth Program

The Hyper Growth program provides instant funding without challenge requirements. This makes The5%ers one of the best no evaluation prop firms. After all, traders can start earning profits from the get-go.

Three funding amounts are available, and 50% is initially provided. The balance is approved once the initial profit target is reached.  Each account comes with an upfront fee, which is listed below:

• $10,000: $260
• $20,000: $450
• $40,000: $850

The maximum total drawdown on all accounts is 6%. The initial profit target is 10% and leverage of up to 1:30 is available. No time limits are in place, so traders can operate at their own pace. The profit share starts at just 50%, which is much lower than other prop trading firms.

However, this quickly increases to $75,000 once the account size is doubled. Further increases happen at certain intervals until the profit share reaches 100%. The Hyper Growth account size can be increased to $4 million as objectives are hit. Payouts are made every 14 days.

High Stakes Program

The High Stakes program is the cheapest option, with upfront fees starting at just $39. This program has a two-step challenge, which must be completed before receiving real funding.

Account sizes range from $5,000 to $100,000. The highest funding amount has an upfront fee of $450. The first step has a profit target of 8%, while the second is 5%. Both steps have a maximum total and daily loss of 10% and 5%, respectively.

The minimum trading time frame before moving to the next step is three days. The profit share starts at 80% and increases to 10%. Various bonuses are available at multiple account milestones. For instance, once the account grows to $500,000, you will receive a $10,000 bonus.

Bootcamp Program

The Boot Camp program offers the highest capital-to-fee ratio. For example, those paying $95 will receive a $100,000 account. However, just 25% is initially provided. The next three $25,000 milestones require a 6% profit target.

The maximum total loss is 5%, and leverage is capped at 1:10. The highest initial account size is $250,000, which costs $225. All options come with a scaled profit share of between 80% and 100%.

Is Getting Capital at The5%ers Realistic?

Getting capital at The5%ers is realistic. For instance, the Hyper Growth program offers instant funding, so the capital is provided as soon as the upfront fee is paid.

The other programs have trading challenges, so you’ll initially trade with demo funds. Nonetheless, real capital is provided once the challenge requirements are met.

Importantly, all programs offer payouts every 14 days. This ensures a constant flow of income for online traders. But, it’s important to consider the drawdown limits. Your capital will be revoked if they’re breached.

What Instruments Does The5%ers Support?

The5%ers supports the most popular asset classes, including forex, commodities, indices, and crypto.

Let’s break down the supported markets in more detail.

Forex

Forex traders will be happy to hear that The5%ers supports all major and minor forex pairs. This includes everything from CAD/CHF and USD/JPY to AUD/JPY and GBP/USD. However, exotic currencies like IDR and THB aren’t supported.

Commodities

A limited selection of commodities can be traded, including gold, silver, and Brent futures.

Indices

Several global indices are supported, including the NASDAQ 100, S&P 500, German DAX 40, and the FTSE 100.

Crypto

Two of the best cryptocurrencies to buy are supported, Bitcoin and Ethereum.

Stocks

While The5%ers doesn’t directly support stocks, its subsidiary, Trade The Pool, does.  Trade The Pool supports over 12,000 stocks from the US markets.

• You can read our Trade The Pool review for more information about this popular prop firm.

The5%ers Fees & Commissions

Our review of The5%ers will now explore what fees and commissions to consider.

Challenge Fees

Challenge fees must be paid on all programs. They vary depending on the program type and the amount of capital required.

Here’s a table outlining each plan and the respective cost:

Trading Fees

Although The5%ers doesn’t reveal its partnered broker(s), it does display the trading commissions for each asset. Forex and metals positions are charged $4 per traded lot, per slide.

Indices are slightly cheaper at $2 per lot. Crypto and energies are commission-free. But, like all other supported markets, traders must cover a variable spread.

No additional fees are charged by The5%ers, as it likely receives a commission from the liquidity provider.

Non-Trading Fees

Non-trading fees aren’t charged by The5%ers, including deposits and withdrawals.

Features, Analysis & Trading Tools

Read on to learn more about The5%ers’ key features and tools.

MT5 Trading Platform

The5%ers uses the MetaTrader 5 (MT5) platform. This is one of the most popular trading platforms globally, with millions of active users.

MT5 comes pre-loaded with everything traders need to make smart and informed decisions.

This includes:

• Fully customizable charts supporting 21 different time frames (one minute to a month).
• 38 technical indicators and 44 graphic objectives, such as the Fibonacci and Elliott
• Financial news from the world’s biggest media sources, plus an economic calendar

MT5 supports most devices, including desktop software for Windows and Mac. Plus a mobile app for Android and iOS.

News Sentiment

The5%ers provides a news sentiment tool for the most popular forex pairs.

This determines whether the broader markets should be bullish or bearish, with scores ranging from 1 to 100.

Video Classes

The5%ers has created extensive video classes, helping traders master key trading concepts.

This includes everything from intraday trading techniques and risk management time cycles.

Trading Course

Another feature is the fully-fledged trading course, which covers 22 core modules.

Available for free via on-demand videos, topics include building a strategy, trade evaluation, averaging losses, and applied psychology.

Live Trading Events

The5%ers also runs regular live trading events. This includes a weekly webinar on Thursdays.

The live trading rooms are particularly valuable, as you can witness experienced traders and industry experts in real-time.

The5%ers Customer Support

Customer support is available via live chat, email, and web support tickets. Telephone support isn’t offered.

Support times:

• Sunday – Thursday: 7 am to 5 pm (GMT)
• Friday: 7 am to 12 pm (GMT)
• Saturday: N/A

Here’s a full list of available contact channels:

Is The5%ers Safe & Legit?

We found that The5%ers is one of the most trusted prop trading firms in the market. It’s been around since 2016 and has an excellent reputation online.

This includes a 4.9/5 “Excellent” rating on Trustpilot, covering over 9,000 individual The5%ers reviews.

We were unable to find any commonly occurring issues, especially regarding payouts. Therefore, The5%ers is a legitimate option when seeking trading capital.

How to Get Started With The5%ers

In this section of our The5%ers review, we walk you through the step-by-step process.

Step 1: Open an Account

The first is to visit The5%ers website and open an account.

Just click the ‘Quick Start’ button and enter the required fields.

Step 2: Choose a Program

The next step is to choose a suitable program.

The three options are:

• Hyper Growth
• High Stakes
• Bootcamp

Scroll up for a recap of the different programs. You also need to select the required funding amount. You will see the upfront fee update.

Step 3: Pay The Upfront Fee

The upfront fee must be paid before you start trading.

As mentioned, you can opt for a debit/credit card, crypto, bank transfer, and other convenient methods.

Step 4: Download and Log in to MT5

Now, download the MT5 software to your desktop device. Supported operating systems are Windows, Mac, and Linux. Open MT5 and log in with the details provided by The5%ers.

We’d also suggest downloading the MT5 app. This will enable you to enter and close positions when you’re away from the desktop device.

Step 5: Start Trading

And that’s it, you can start trading on the MT5 platform. It’s crucial to frequently log into the

The5%ers dashboard, ensures you’re aware of the current profit target and drawdown amounts.

Depending on the program, you could be eligible for your first payout in just 14 days.

Conclusion

To conclude this The5%ers review, the proprietary trading firm offers everything traders need when seeking capital. Up to $250,000 is initially available, although the most successful traders can increase this to $4 million.

Upfront fees are competitive and if needed, no evaluation accounts are available. Crucially, The5%ers is an established and legitimate prop firm with timely payouts and top-notch customer support.