Full The5ers Review
Our complete independent review of The5ers, covering all challenge types, rules, payout conditions, and our editorial verdict.
Introduction to The5ers
The5ers has been funding traders since January 2016, making it one of the two oldest major prop firms in the industry alongside FTMO. Founded by Saul Lokier and headquartered in Raanana, Israel, the firm has funded over 262,000 traders across 149 employees in 23 countries. That track record — nearly a decade of consistent operation — is the foundation of its reputation.
The firm's standout program is Hyper Growth: a no-upfront-fee model where traders enter a scaling account that doubles with every 10% profit milestone, growing toward a maximum of $4,000,000. For experienced traders with a proven system, it is one of the highest-ceiling funded trading opportunities available.
Who Is The5ers For?
The5ers suits
experienced forex and multi-asset traders who value long-term capital scaling over fast payouts or high initial splits. The progression from small accounts to multi-million dollar funding is the core appeal — the trade-off is slower payout cycles and lower initial profit splits compared to newer competitors.
The Hyper Growth program's no-fee entry model also makes The5ers uniquely accessible for skilled traders who can't or prefer not to pay upfront challenge fees. If your strategy produces consistent 10% gains, the doubling scaling plan is one of the most powerful funding structures available.
Challenge Programs
The5ers offers four distinct programs:
- Hyper Growth (1-Step, no upfront fee): Enter with as little as $5,000 in evaluation capital. No entry fee — pay a small bonus contribution from $15. 10% profit target per scaling milestone. 3% daily drawdown, 6% stop-out. Account doubles at each milestone, scaling to $4,000,000. No minimum trading days at Level 1. Split: 75% up to $300K balance, 80% at $350K+, up to 100%.
- Pro Growth (1-Step): One-time fee of $74. 75/25 profit split from the start. Single evaluation phase, structured entry into the scaling system.
- High Stakes (2-Step): Account sizes $2,500–$100,000. Step 1 fee: $19 (refundable on completion). Step 1: 10% target. Step 2: 5% target. 5% daily drawdown, 10% max drawdown. 3 minimum profitable days per phase. Split: 80% rising to 100% at scale, with fixed payouts of $4,000/month at $350K and $10,000/month at $500K.
- Bootcamp (3-Step): Three-phase evaluation with the most capital available upfront — up to $250,000. $95 upfront for a $100K account ($205 due after passing Phase 1), or $225 for $250K ($350 due after Phase 1). Scales at every 5% profit milestone. Best for methodical traders who prefer a step-by-step progression.
Trading Rules
- News trading: Permitted, with restrictions on bracket/straddle strategies around news events
- Weekend holding: Allowed on forex, metals, and crypto
- Leverage: 1:30 (Hyper Growth / Pro Growth), 1:100 (High Stakes)
- Platform: MT5 Hedge — supports hedging strategies
- Inactive accounts: Expire after 30 days of no trading activity
- Minimum profitable days: 3 required for High Stakes (a profitable day = closed positions with at least 0.5% profit on initial balance)
- No time limits on any phase
Payouts
- Average payout time: 16 days
- Frequency: Monthly
- Methods: Cryptocurrency, Rise
- Payment accepted: Crypto, credit/debit card, Apple Pay, Google Pay, PayPal
- High Stakes fixed payouts: $4,000/month at $350K balance, $10,000/month at $500K balance
- Fee refund: High Stakes evaluation fee ($19) returned with first funded payout
Our Verdict
The5ers earns an 8.6 BestProp score. Nearly a decade of operation, 262,000+ funded traders, and the Hyper Growth program's $4M ceiling make it one of the most legitimate and ambitious funded trading programs available. The no-upfront-fee Hyper Growth entry is genuinely unique at this scale.
The trade-offs are real: monthly payouts with a 16-day average are slower than most competitors, and the initial 75% split on Hyper Growth is below the 80%+ standard elsewhere. Traders who prioritise payout speed or initial split percentage will find better options. But for those building a long-term funded trading career, The5ers' scaling architecture and decade-long track record are hard to match.
