The5ers is a proprietary trading fund founded in 2016 and legally owned by FIVE PERCENT ONLINE LTD, incorporated in Israel (Company Number 515864007) and the UK (Company Number 12553363). The firm describes itself as a private equity fund holding ownership of trading accounts connected to regulated liquidity providers, and states explicitly that it is not a financial institute and does not provide financial services.
The5ers operates across two distinct product families: as a forex prop firm with a forex/CFD evaluation-based offering and a separate futures evaluation offering, each with its own account types, rules, and platforms. The forex/CFD side runs four programs: High Stakes, Hyper Growth, Bootcamp, and ProGrowth. The futures side offers two programs: Basecamp and Rebate. All accounts use simulated capital during evaluation stages.
The firm does not disclose its liquidity providers, stating that confidentiality is a priority and that they trade through commercial liquidity providers rather than common retail brokers.
Restricted countries: Afghanistan, Belarus, Burundi, Central African Republic, Cuba, Congo Republic, Crimea, Democratic Republic of Congo, Donetsk, Eritrea, Guinea, Guinea-Bissau, Iraq, Iran, Israel, Kherson, Laos, Lebanon, Liberia, Libya, Luhansk, Myanmar, North Korea, Palestinian Territory, Papua New Guinea, Russia, South Sudan, Sudan, Somalia, Syria, Vanuatu, Venezuela, Yemen, Zaporizhzhia. Traders must be 18 years of age or older.
Account Types & Pricing
The5ers runs two separate product families, forex/CFD and futures, each with its own distinct programs and fee structures. All fees are one-time payments. There are no monthly subscription fees on any program.
Forex/CFD Programs
High Stakes: 2-Step Challenge
High Stakes is a 2-step evaluation challenge available in two variants: New and Classic. The variants differ only in their Phase 1 profit target (10% for New vs. 8% for Classic). All other parameters are identical. The challenge fee is a one-time payment, and 70% of it is refunded into the trader’s funded account equity upon passing.
The following prices apply to both variants:
| Account Size | Challenge Fee |
|---|---|
| $2,500 | $22 |
| $5,000 | $39 |
| $10,000 | $78 |
| $25,000 | $195 |
| $50,000 | $309 |
| $100,000 | $545 |
There is no activation fee. The 70% refund is added to funded account equity and can be withdrawn with the first payout (after 14 days), provided the trader has generated a minimum profit of $150. Traders also receive hub credits when passing each phase: 10% of the fee after Phase 1, and 20% after Phase 2.
If you prefer cTrader over MT5, an additional $10 fee applies.
Hyper Growth: 1-Step Challenge
Hyper Growth is a 1-step challenge with no minimum trading days and no time limit. Once the profit target is reached, the account advances immediately to the funded stage. Available account sizes are $5K, $10K, and $20K, with a combined maximum evaluation capital of $40,000 per trader.
| Account Size | Challenge Fee |
|---|---|
| $5,000 | $260 |
| $10,000 | $450 |
| $20,000 | $850 |
The challenge fee is a one-time, non-refundable payment. There is no activation fee and no separate funded account fee.
If you prefer cTrader, an additional $10 fee applies.
Bootcamp: 3-Step Challenge
Bootcamp is a 3-step evaluation challenge. Traders pay a small entry fee upfront and only pay the remainder upon successfully passing all three challenge stages. Available funded account sizes are $20K, $100K, and $250K.
| Funded Account Size | Entry Fee | Remaining Fee (on passing) | Total Cost |
|---|---|---|---|
| $20,000 | $22 | n/a | $22 |
| $100,000 | $95 | $205 | $300 |
| $250,000 | $225 | $350 | $575 |
If you prefer cTrader, an additional $10 fee applies.
ProGrowth: 1-Step Challenge
ProGrowth is a recently launched 1-step challenge. Available account sizes are $5K, $10K, and $20K.
| Account Size | Challenge Fee |
|---|---|
| $5,000 | $74 |
| $10,000 | $140 |
| $20,000 | $270 |
The challenge fee is a one-time payment.
If you prefer cTrader, an additional $10 fee applies.
Futures Programs
The futures programs are entirely separate from the forex/CFD offering and use a different platform (BlackArrow), different rules, and different fee structures. Two programs are available (Basecamp and Rebate) across $25K and $50K account sizes. Both programs share identical evaluation objectives and drawdown rules; they differ in their fee model and commission structure.
Basecamp
Basecamp uses a low-cost entry fee model: traders pay a small upfront amount to access the evaluation, then pay a one-time activation fee only after successfully passing and transitioning to a funded account. Full commissions apply.
| Account Size | Entry Fee | Activation Fee (upon passing) |
|---|---|---|
| $25,000 | $50 | $70 |
| $50,000 | $100 | $140 |
Rebate
Rebate uses a one-time upfront fee with no activation fee and no monthly fees. Commissions are fully rebated: all commissions paid during a trading day are refunded automatically at end of day. No weekend holding is permitted on the Rebate program.
| Account Size | One-Time Fee |
|---|---|
| $25,000 | $150 |
| $50,000 | $300 |
Challenge Structure
Phase Overview
The5ers’ four forex/CFD programs each use a different phase structure:
High Stakes is a 2-step challenge. Both Phase 1 and Phase 2 are conducted on demo accounts. Once both phases are passed, the trader receives a simulated funded account.
Hyper Growth is a 1-step challenge. There is one evaluation phase, and completing it immediately advances the trader to a funded account.
Bootcamp is a 3-step challenge. Traders complete three sequential challenge phases on demo accounts, with starting balances of $5K, $10K, and $15K respectively, building toward a $20K, $100K, or $250K funded account. Once all three phases are complete, the trader pays the remaining fee and receives a funded account.
ProGrowth is a 1-step challenge. One evaluation phase leads directly to a funded account.
No program offers real capital during the evaluation stages.
Profit Target
Profit targets vary across programs and, for High Stakes, across the two variants.
High Stakes:
| Variant | Phase 1 Target | Phase 2 Target | For Scaling (Funded) |
|---|---|---|---|
| New | 10% | 5% | 10% |
| Classic | 8% | 5% | 10% |
Targets apply uniformly across all account sizes ($2.5K–$100K).
Hyper Growth: 10% for the evaluation phase. The same 10% target applies at every funded stage to trigger the next scaling level.
Bootcamp:
| Stage | Balance | Profit Target |
|---|---|---|
| Step 1 | $5,000 | 6% |
| Step 2 | $10,000 | 6% |
| Step 3 | $15,000 | 6% |
| Funded | $20,000 | 5% (for scaling) |
ProGrowth: 10% for the single evaluation phase.
Targets are expressed as percentages of the initial balance across all programs.
Phase 1 Rules
High Stakes (New and Classic, identical rules for both phases):
- Maximum loss: 10% of initial balance (static floor)
- Daily loss limit: 5%
- Minimum profitable days: 3
- Time limit: none
- Consistency rule: none
Hyper Growth (Phase 1, the only phase):
- Stop-out level: 6% below the initial account size
- Daily loss limit: 3% (functions as a daily pause that disables the account until the next day, without terminating it)
- Minimum trading days: none
- Time limit: none
- Consistency rule: none
Bootcamp (each of the 3 steps):
- Maximum loss: 5% of the step’s starting balance
- Daily pause: does not apply during challenge steps (applies to the funded stage only)
- Leverage: 1:30 across all steps
- Time limit: none
- Consistency rule: none
ProGrowth (Phase 1, the only phase):
- Maximum loss: 6% of initial balance
- Daily loss limit: 3%
- Minimum profitable days: 3
- Time limit: none
- Consistency rule: none
Phase 2 Rules
Only High Stakes has a Phase 2. The rules are identical to Phase 1: 10% maximum loss, 5% daily loss, minimum 3 profitable days, no time limit. The profit target is lower in Phase 2: 5%, versus 10% (New) or 8% (Classic) in Phase 1.
Drawdown Rules (Challenge)
Drawdown Values
| Program | Maximum Loss |
|---|---|
| High Stakes | 10% of initial balance |
| Hyper Growth | 6% of initial account size (stop-out level) |
| Bootcamp | 5% of that step’s starting balance |
| ProGrowth | 6% of initial balance |
Dollar amounts vary by account size since all values are percentage-based.
Daily Loss Limit
| Program | Daily Loss Limit |
|---|---|
| High Stakes | 5% of prior-day closing equity or balance, whichever is higher, taken at 00:00 server time |
| Hyper Growth | 3% (daily pause: account disabled until next day, not terminated) |
| Bootcamp | No daily pause during challenge steps |
| ProGrowth | 3% of prior-day closing equity or balance, whichever is higher |
Drawdown Calculation Method
High Stakes: The maximum loss is static: it is fixed at 10% of the initial balance and never trails upward as profits grow. The daily loss limit is a separate calculation, recalculated each day from the higher of the previous day’s closing balance or closing equity at 00:00 server time.
Hyper Growth: The maximum drawdown (stop-out level) is trailing: it increases as the account balance grows. Once the account value rises, the stop-out level rises with it.
Bootcamp: The maximum loss is calculated from each step’s starting balance and increases as the account grows through the scaling plan.
ProGrowth: The maximum loss is static at 6% of the initial balance. The daily loss limit is recalculated each day from the higher of the prior-day closing equity or balance.
Drawdown Lock
High Stakes: The 10% maximum loss is static from day one. The floor is fixed at setup and never moves.
Hyper Growth and Bootcamp: The drawdown trails upward with account growth and has no lock point. After a payout reduces the account balance, the stop-out level remains at the highest previously recorded point, effectively bringing the trader closer to the floor.
ProGrowth: The maximum loss is static, so no lock applies.
Evaluation Rules (Futures)
The futures evaluation rules are identical for both the Basecamp and Rebate programs. Where the two programs differ on fees and commissions, this is noted explicitly.
Profit Target
| Stage | Profit Target |
|---|---|
| Evaluation | 6% |
| Funded | 4% (for scaling) |
Targets apply to both $25K and $50K account sizes.
Drawdown Rules (Evaluation)
Trailing Drawdown Values
The maximum drawdown limit is 3% for both programs and both account sizes.
| Account Size | Maximum Drawdown (3%) |
|---|---|
| $25,000 | $750 |
| $50,000 | $1,500 |
The drawdown level is calculated from the all-time high achieved by either the balance or the equity at end of the trading day (midnight).
Daily Loss Limit
The futures programs do not have a separate intraday daily loss limit. The single 3% drawdown limit governs the entire account.
Drawdown Calculation Method
The futures drawdown uses EOD trailing (end-of-day trailing). The drawdown level is set at 3% below the highest recorded midnight balance or equity. It can only move upward. Once the end-of-day value sets a new all-time high, the drawdown level rises to match it. It never decreases when the account value drops, and always anchors to the all-time highest midnight value.
The drawdown level does not respond to intraday movement. It updates only at midnight.
Drawdown Lock
The trailing drawdown has no upper lock point; it continues to trail upward with each new end-of-day high. Once set, it never decreases regardless of subsequent losses. After a payout reduces the account balance, the drawdown level stays at the highest previously recorded point, which means the trader is closer to the termination threshold. Falling below the 3% drawdown level results in account termination.
Consistency Rule (Evaluation)
A 30% consistency rule applies during both the evaluation and funded stages. No single trade may account for more than 30% of total profits. This is a soft breach system: exceeding 30% on a single trade does not immediately fail the account. The trader must continue trading and grow total profits until the offending trade drops to 30% or below of the cumulative total.
For example: if one trade generates $1,200 profit on a $50K account, $1,200 ÷ 0.30 = $4,000 in total profit is required before the account is compliant. Once total profits reach $4,000, the $1,200 trade represents exactly 30% and the soft breach is resolved.
The consistency rule applies to individual trades, not to daily profit percentages.
Minimum Trading Days
No minimum number of trading days is required to pass the futures evaluation.
Time Limit
There is no time limit for the futures evaluation. Accounts that go more than 14 consecutive days without placing at least one trade will be terminated due to inactivity.
Position Size & Contract Limits
Contract limits are the same during both evaluation and funded stages:
| Account Size | Maximum Contracts (Mini) | Maximum Contracts (Micro) |
|---|---|---|
| $25,000 | 2 mini | 20 micro |
| $50,000 | 4 mini | 40 micro |
Activation Fee
Basecamp only. The activation fee is a one-time payment made after successfully passing the evaluation. It is not recurring.
| Account Size | Activation Fee |
|---|---|
| $25,000 | $70 |
| $50,000 | $140 |
Rebate program: No activation fee. The one-time entry fee covers both evaluation access and the funded account.
Funded Account Rules
Rules at the funded stage do not necessarily match evaluation or challenge rules; differences are stated explicitly throughout this section.
Drawdown Rules (Funded)
Drawdown Values
Forex/CFD programs:
All drawdown limits at the funded stage are percentage-based. The stop-out level increases when profits are added to the account balance; it does not rise when payouts reduce it.
| Program | Maximum Loss (Funded) | Daily Loss Limit (Funded) |
|---|---|---|
| High Stakes | 10% of initial balance (static floor) | 5% of prior-day equity or balance, whichever is higher |
| Hyper Growth | 6% of account balance (trailing) | 3% daily pause: disables account, does not terminate |
| Bootcamp | 4% of current funded balance | 3% daily pause: disables account, does not terminate |
| ProGrowth | 6% of initial balance | 3% of prior-day equity or balance, whichever is higher |
The Bootcamp funded stage uses a 4% maximum loss, reduced from 5% during the challenge steps.
Futures programs: The drawdown rules at the funded stage are identical to the evaluation stage: 3% EOD trailing drawdown, the same consistency rule, and the same contract limits.
Daily Loss Limit
High Stakes funded: 5% of the higher of the prior day’s closing equity or balance, taken at 00:00 server time. Hitting this limit terminates the account.
Hyper Growth funded: 3% daily pause. The account is disabled for the remainder of that trading day and reopens at 00:00 MT5 Server Time. The daily pause does not terminate the account.
Bootcamp funded: 3% daily pause, with the same mechanics as Hyper Growth. The daily pause applies only to the funded stage, not to the three challenge steps.
ProGrowth funded: 3% of the higher of the prior-day closing equity or balance, at MT5 Server Time. Hitting this limit terminates the account.
Futures funded: The overall 3% EOD trailing drawdown governs the account. No separate intraday daily loss limit applies.
Drawdown Calculation Method
High Stakes funded:Static. The 10% floor is calculated from the initial balance and does not move regardless of how high the account balance grows. The daily loss limit resets each day from the prior day’s highest equity or balance figure.
Hyper Growth funded: The profit target, maximum loss, and daily pause remain the same for the funded stages as for the evaluation phase. The maximum loss trails upward with the account balance as it grows.
Bootcamp funded: The maximum loss trails from the current funded balance as it scales through the scaling plan.
ProGrowth funded:Static. The maximum loss is fixed at 6% of the initial balance. The daily loss is recalculated each day.
Futures funded:EOD trailing, identical to the evaluation stage. The 3% drawdown level updates at midnight based on the highest end-of-day balance or equity.
Drawdown Lock
High Stakes: The 10% maximum loss is static from the start; it never trails up and never locks because it never moves.
Hyper Growth and Bootcamp: The drawdown trails upward with account growth. There is no lock point where trailing stops. After a payout reduces the account balance, the stop-out level remains at the highest previously recorded level, bringing the trader closer to the floor.
Futures funded: Same EOD trailing behavior as the evaluation stage. After a payout, the account balance decreases and brings the trader closer to the 3% drawdown limit. Falling below the drawdown limit results in account termination.
Consistency Rule (Funded)
Futures funded: The 30% consistency rule applies identically to the funded stage as to the evaluation. On funded accounts, the consistency rule is the same as the evaluation.
Forex/CFD funded: No consistency rule applies to payout eligibility on High Stakes, Hyper Growth, Bootcamp, or ProGrowth.
Lot Size Limits (Funded): Forex/CFD
The5ers does not publish fixed maximum lot sizes per account size for its forex/CFD programs. The risk department reserves the right to apply position size constraints on individual accounts based on trading behavior, account size, number of open positions, and risk profile. These constraints are temporary and subject to periodic review.
Position Size & Contract Limits (Funded): Futures
Contract limits at the start of the funded stage match the evaluation stage. They increase at each scaling milestone:
| Account Size | Starting Mini Limit | Starting Micro Limit |
|---|---|---|
| $25,000 | 2 mini | 20 micro |
| $50,000 | 4 mini | 40 micro |
At each 10% scaling milestone, contract limits increase by 1 additional mini contract and 10 additional micro contracts.
Positions exceeding 1 mini contract or 10 micro contracts must be fully closed at least 10 minutes before market close (4:50 PM ET). Overnight holding is permitted within this limit.
Leverage: Forex/CFD
Leverage differs by program and by asset class. The same ratios apply during both the challenge and funded stages.
High Stakes:
| Asset Class | Leverage |
|---|---|
| Forex pairs | 1:100 |
| Indices and Metals | 1:25 |
| Commodities | 1:5 |
| Crypto | 1:2 |
A temporary leverage reduction to 1:5 on Oil applies to $50K and $100K High Stakes funded accounts, subject to change based on market conditions.
Hyper Growth, Bootcamp, and ProGrowth share the same leverage structure:
| Asset Class | Leverage |
|---|---|
| Forex pairs | 1:30 |
| Indices and Metals | 1:25 |
| Commodities | 1:1.5 |
| Crypto | 1:0.60 |
Profit Split
High Stakes: Starts at 80%/20% in the trader’s favor and scales to 100%/0% as the account balance grows. The split increases to 85% at $175K balance, 90% at $250K, and 100% at $350K. At $350K and above, a fixed monthly salary of $4,000 also becomes available. At $500,000, the fixed monthly payout increases to $10,000.
Hyper Growth: 50%/50% during the evaluation phase, advancing to 75%/25% at the funded stage. Scales to 80%/20% at $350,000 balance and to 80%–100% at $400,000 and above.
Bootcamp: 50%/50% at the initial funded balance, advancing to 75%/25% at the first scaling tier and continuing to 100%/0% at higher balance milestones.
ProGrowth: 75%/25% from the funded stage. Scales to 80%/20% at $350,000 and to 80%–100% at $400,000 and above.
Futures (both programs): 80%/20% in the trader’s favor across all accounts.
Payout Rules
First Payout Requirements
High Stakes: The first payout can be requested 14 days after the funded account is activated, provided a minimum profit of $150 has been generated. The 70% fee refund is included in the funded account equity and is available for withdrawal at this point.
Hyper Growth: The first payout is available 14 days after receiving a funded account, with the standard minimum withdrawal of $150.
Bootcamp: First payout is available 14 days after receiving a funded account.
ProGrowth: First payout is available 14 days after receiving a funded account, with a minimum of $150.
Futures (both programs): Payouts can only be processed once the account is at the funded stage. The first payout is available 14 days after funding.
Subsequent Payout Requirements
Across all programs, subsequent payouts can be requested every 2 weeks from the last approved withdrawal. If the account scales to a new level, the 14-day payout cycle resets from the scaling date.
Payout Frequency
All programs: biweekly (every 14 calendar days). The 14-day timer resets after each scaling event.
Payout Buffer
No fixed dollar buffer is required before requesting a payout on any program. That said, payouts reduce the account balance, and on programs with trailing drawdown this brings the stop-out level closer. On the futures programs in particular, a post-payout balance that sits near the 3% drawdown level can result in account termination if the next losing session hits the limit.
Daily Progression Rule
No daily progression rule applies to any program.
Payout Caps & Limits
Minimum payout: $150 after the profit split has been applied, across all programs.
Crypto withdrawals (forex/CFD): Capped at $1,500 per withdrawal request. Larger amounts are processed via Rise.
Maximum payout per request: No maximum cap applies to Rise or bank transfer withdrawals.
Scaling Plan
Forex/CFD Programs
High Stakes scales at every 10% profit milestone from $2,500 through $500,000. The payout ratio increases from 80% at the starting level to 85% at $175K, 90% at $250K, and 100% at $350K. The maximum account size via scaling is $500,000, at which point a fixed monthly payout of $10,000 applies.
Hyper Growth doubles the funded account balance at every 10% profit milestone, with growth up to $4,000,000. The profit split starts at 75%/25% at the funded stage and increases to 80%/20% at $350,000 balance and 80%–100% at $400,000 and above. Traders also receive bonus hub credits at each milestone, starting from $15 per level.
Bootcamp scales at every 5% profit milestone on the funded account. The profit split starts at 50%/50% and reaches 100%/0% at higher balance milestones. The maximum funded balance reaches $4,000,000 on the $250K track.
ProGrowth scales from $5,000 through $500,000. The 75%/25% split is maintained through $300,000 balance, increasing to 80%/20% at $350,000 and 80%–100% from $400,000.
Futures Programs
Both Basecamp and Rebate follow the same scaling plan. At every 10% profit milestone, the account is disabled, reviewed by the risk department, and reissued with a 5% buying power increase on the base account size plus an additional 1 mini contract and 10 micro contracts.
For example: on a $50K account reaching 10% profit ($5,000), the new balance is $52,500 (base + 5%) plus the trader’s $4,000 share (80% of $5,000), giving a new account balance of $56,500. Position limits increase by 1 mini and 10 micros with each scale. The maximum scalable size is $500,000.
Live Account Pathway
The5ers does not offer a live trading account pathway for any program. All funded accounts use simulated capital connected to the firm’s pool accounts through commercial liquidity providers.
Trading Rules & Restrictions
Permitted Instruments
Forex/CFD programs: Traders can access forex pairs, metals (including Gold and Silver), indices, commodities (including Crude Oil), and crypto. The full list of instruments with specifications is available at the5ers.com/asset-specifications/. Crude Oil carries a notable overnight swap of -$20 per day, rising to x10 on weekends.
Futures programs: The following futures instruments are available:
Equity Index Futures: ES (E-mini S&P 500), NQ (E-mini Nasdaq 100), YM (E-mini Dow Jones), RTY (E-mini Russell 2000), EMD (E-mini S&P MidCap 400), NKD (Nikkei 225), plus micro variants MES, MNQ, MYM, M2K.
Currency Futures: 6A (AUD), 6B (GBP), 6C (CAD), 6E (EUR), 6J (JPY), 6S (CHF), plus micro variants M6A and M6E.
Metals: GC (Gold), SI (Silver), HG (Copper), PL (Platinum), PA (Palladium), MGC (Micro Gold).
Energy: CL (WTI Crude Oil), NG (Henry Hub Natural Gas), HO (Heating Oil), RB (RBOB Gasoline), QM (E-mini Crude Oil), QG (E-mini Natural Gas), QO (E-mini Gold).
Agriculture: ZC (Corn), ZS (Soybeans), ZW (Wheat), ZM (Soybean Meal).
Trading Hours & Overnight Policy
Forex/CFD: All hours are in EET (GMT+2 winter / GMT+3 summer):
| Asset Class | Monday–Friday | Saturday–Sunday |
|---|---|---|
| Forex | 00:05–23:55 | Closed |
| Metals | 01:05–23:50 | Closed |
| Indices | 01:05–23:50 | Closed |
| Crypto | 00:05–23:55 | 00:10–23:50 |
| Commodities | 01:05–23:50 | Closed |
Overnight holding is permitted for all assets across all programs. Weekend holding is also permitted for all assets. Holding indices and commodities over the weekend carries high swap costs. Crude Oil in particular carries a swap of -$20 per day, rising to x10 on weekends. Swap-free (Islamic) accounts are available on funded accounts only, upon request to support.
Futures: Markets operate nearly 24 hours per day, Sunday through Friday, from 6:00 PM to 5:00 PM EST the following day, with a daily maintenance break from 5:00 PM to 6:00 PM EST. Overnight holding is permitted up to 1 mini contract or 10 micro contracts; all positions exceeding these limits must be fully closed at least 10 minutes before market close (4:50 PM ET). Failure to comply may result in account termination. Weekend holding is not permitted on the Rebate program.
News Trading Policy
High Stakes: Holding open trades over high-impact news is allowed. Executing any new order (market orders, stop orders, or limit orders) within 2 minutes before or after a high-impact (red folder) news event is prohibited. The firm follows Forex Factory’s calendar and server time. Any profits from orders placed within the restricted window will be deducted from the account; losses from those trades are borne by the trader. This restriction applies during both challenge phases and the funded stage.
Hyper Growth, Bootcamp, and ProGrowth: News trading is allowed. The only prohibition is bracket strategies: placing both a buy stop and a sell stop simultaneously around a news event. This applies during both challenge and funded stages.
Futures: News trading is fully permitted with no restrictions during either the evaluation or funded stage.
Expert Advisors & Copy Trading
Forex/CFD EAs: EAs are permitted as long as they do not copy trades from other signals, perform tick scalping, perform latency arbitrage, perform reverse arbitrage, perform hedge arbitrage, perform high-frequency trading, or use emulators. EAs from third-party providers where the trader does not own the source code are also prohibited. Stop-loss orders must be visible in the trading platform; stealth-mode stop-losses are not allowed. These restrictions apply during both challenge and funded stages. The5ers offers proprietary EAs available for download at the5ers.com/downloads/.
Forex/CFD copy trading: Traders can copy their own trades across their own accounts without violation. In the Hyper Growth program, copy trading across accounts is permitted until the trader manages more than $500,000 in capital across all programs, at which point it is no longer allowed. Multiple Bootcamp accounts must each use a different trading strategy. Copy trading with other traders or accounts is prohibited across all programs.
Futures EAs and automated trading: High-frequency trading, algorithmic trading, and hedging are prohibited. Any trader found using these methods will be banned.
Futures copy trading: Copy trading between a trader’s own two futures accounts is permitted.
Prohibited Practices
The following practices are explicitly prohibited across all forex/CFD programs during both challenge and funded stages, and will result in immediate account termination, permanent ban, and forfeiture of all profits and refunds:
- Arbitrage trading (exploiting price discrepancies between markets)
- High-frequency trading (trade durations measured in seconds or less)
- Bulk trading (multiple trades opened simultaneously via automated tools)
- Bracket strategies around news events (simultaneous buy stop and sell stop ahead of news)
- Exploiting system errors, inaccurate price displays, or data feed delays
- Trade coordination or copy trading with other traders
- One-sided betting (consistently taking positions in only one direction)
- EAs that scalp during rollover
- Third-party EAs used by multiple traders simultaneously
- EAs where the trader does not own the source code
- Tick scalping
- Hedge arbitrage trading
- Reverse arbitrage trading
- Account sharing or reselling accounts
- Account management services (“pass your challenge” services)
For futures programs, high-frequency trading, algorithmic trading, and hedging are prohibited.
Additional Rules
Multiple accounts: Forex/CFD traders can hold up to 4 High Stakes accounts, 4 Hyper Growth accounts, 4 Bootcamp accounts, and 3 ProGrowth accounts simultaneously, subject to per-program size limits. These can be combined across programs. Futures traders are limited to 2 futures accounts simultaneously.
Multiple email addresses: Traders may not register with two different email addresses. All accounts must be held under the same email address.
Multiple IP addresses: Multiple IP addresses and device logins are permitted if they are in the same location. Trades must not be made from two different IP addresses simultaneously.
Inactivity: Forex/CFD accounts without any new orders for more than 30 consecutive calendar days will expire. Futures accounts without any trading activity for 14 consecutive days will be terminated.
Account ownership: Every trading account and its capital value are legally owned by The5ers’ Funded Trading Program, not the trader.
KYC verification: All traders must complete KYC verification after successfully passing a challenge, before funded accounts are activated.
Trading Platforms
Available Platforms: Forex/CFD
The5ers supports two platforms for forex/CFD trading: MetaTrader 5 (MT5) and cTrader.
Both platforms are available on desktop (Windows, macOS), web, and mobile (iOS and Android). MT5 is the default platform. cTrader is available as an option with an additional $10 fee added to the program price at purchase.
Available Platforms: Futures
BlackArrow is the only platform supported for The5ers Futures. It is a proprietary platform, not NinjaTrader, Tradovate, or Rithmic. BlackArrow is available on Windows, macOS, iOS, Android, and web browsers, with dedicated mobile apps on both the App Store (iOS) and Google Play (Android).
Data Feeds & Connectivity: Futures
Futures instruments on BlackArrow draw market data from CME, COMEX, CBOT, and NYMEX depending on the contract. Standard futures contracts carry a round-turn commission of $5.00; micro contracts carry $2.50 round-turn. On the Rebate program, all commissions paid during the trading day are refunded automatically at end of day. On the Basecamp program, full commissions apply with no rebate.
Billing & Account Management
Fee Structure
Forex/CFD programs: All challenge fees are one-time payments. There are no monthly subscription fees, recurring fees, or hidden fees on any program. The Bootcamp program is the only one where a second payment is required, and that payment is only triggered by passing all three challenge phases.
Futures programs: All fees are one-time payments. On Basecamp, a one-time evaluation fee is paid upfront and a one-time activation fee is paid upon passing. On Rebate, a single one-time fee covers everything.
cTrader surcharge: A $10 fee is added to any forex/CFD program purchase if cTrader is selected as the platform.
Resets
The5ers does not publish a reset or retry fee for any program. On the Bootcamp program, once all three challenge phases are complete a trader can navigate to the ‘New Account’ section in the hub and pay the remaining fee to access the funded stage.
Refund policy (Futures): Evaluation fees are refundable only if no trades have been placed within 14 days of purchase. Activation fees are non-refundable once trading has commenced. Refunds are processed via the original payment method within 5 to 7 business days.
Payouts & Withdrawals
Payment Methods
Forex/CFD programs: Accepted payment methods for purchasing challenges are bank transfer, credit and debit cards (Visa, Mastercard), and cryptocurrency via Confirmo. Crypto payments are accepted in USDT via TRON or Arbitrum network, USDC via Ethereum or Arbitrum network, and TRX via TRON network. Hub credits can also be used at checkout and are non-withdrawable.
Futures programs: Accepted payment methods are credit and debit cards (Visa, Mastercard), PayPal, Checkout (Visa, Mastercard, Apple Pay, Google Pay), and cryptocurrency via Confirmo in the same currencies as above.
All payments must be made using a card or account registered in the trader’s own name. Payments made under a different name result in account disablement and a refund to the original payment method.
Processing Times
All approved withdrawal requests are typically processed within 5–8 business days. If additional information is required, the support team will reach out.
Rise: Funds are transferred to the trader’s Rise Works account (www.riseworks.io). The Rise email must match the trader’s The5ers account email.
Crypto withdrawals (forex/CFD): Capped at $1,500 per request and sent to the wallet address provided at the time of the request. Supported currencies are USDT (TRC20, Tron Network), USDC (ERC20, Ethereum Network), ETH, and LTC.
Bank transfer: Timing varies depending on the receiving bank’s processing conditions, in addition to the standard 5–8 business day processing time.
Hub credits: Converted instantly and available for use toward new account purchases. Hub credits are valid for 3 months from the date granted.
Tax & Eligibility Requirements
KYC: All traders must complete KYC verification using a passport or national ID plus proof of address after passing a challenge, before the funded account is activated. The KYC process is handled by a third-party provider (Sumsub).
Payout commission: All cash withdrawal methods (Rise, cryptocurrency, and bank transfer) carry a 3.5% commission per withdrawal. Hub credit payouts carry no commission.
Restricted countries: The full list of countries ineligible to join The5ers is stated in the About section above and applies equally to both forex/CFD and futures programs.