The5ers - Prop Firm Review

The5ers is a veteran proprietary trading firm founded in 2016 and headquartered in Israel. One of the longest-running and most trusted prop firms in the industry, it has processed over 30,000 verified payouts and holds a 4.8/5 Trustpilot rating from 24,743 reviews (April 2026). The5ers offers three distinct programs - Hyper Growth (1-Step), High Stakes (2-Step), Bootcamp (3-Step), plus a Futures program - and a scaling path that can grow accounts up to $4 million.

Pricing snapshot

Firm Overview

The5ers is one of the older names in CFD prop trading, operating as Five Percent Online Ltd, a UK-registered company (no. 12553363) with a London address.

But read the Terms before you assume that means UK recourse. The contract is governed by the laws of Israel, with exclusive jurisdiction in the courts of Tel Aviv. A UK letterhead and an Israeli forum are very different things, and for a European or American trader the practical route to a dispute is remote. The5ers makes no false regulatory claim - it states plainly that trading is simulated and outside any financial regulator’s purview - but the jurisdiction gap is worth knowing before you pay.

The Four Programmes

The static drawdown is the firm’s strongest genuine feature, and it applies across every CFD programme. It does not chase your equity upward. Note, though, that taking a payout reduces your balance and therefore shrinks the gap to your floor - static is not the same as unlimited.

⚠️ The5ers Futures is a different animal. Its drawdown trails (4%, end-of-day, anchored to the all-time-high midnight value) and it never locks at breakeven. A CFD trader crossing over to the futures product on the assumption that “The5ers drawdown is static” will be badly caught out.

What It Costs

High Stakes comes in two variants - “New” is cheaper with a harder first target, “Classic” costs more with an easier one:

Other programmes: Pro Growth (1-step) runs 74 / 140 / 270 / 470 USD for 5K / 10K / 20K / 50K. Hyper Growth (instant funding) is 260 / 450 / 850 USD for 5K / 10K / 20K - there is no 100K tier. Bootcamp is split-payment: 95 USD upfront plus 205 USD on passing for a 100K.

cTrader adds 10 USD to any programme. There is no reset product - failing means buying the evaluation again at full price.

The 70% Refund - Real, But Narrower Than Advertised

Unlike most “fee refund” claims in this industry, this one genuinely exists. But four conditions matter, and reviews routinely omit all of them.

The5ers’ own wording: “You will be eligible to receive 70% of this fee back with your first payout, provided you have generated a minimum profit of 150 USD and your account has been active for at least 14 days.”

• It is High Stakes only. Bootcamp, Pro Growth and Hyper Growth get Hub Credit bonuses instead - not a refund.
• It is paid as account equity, not cash. It lands in your balance and must then be withdrawn like any other profit - which means the 3.5% commission below applies to it.
• It excludes any portion paid with Hub Credit. Only external funds count.
• The Terms separately state the fee is “non-refundable, once you commence Evaluation trading activity.” Both statements are live at once. Treat the 70% as a milestone perk, not a right.

The 3.5% Withdrawal Commission

This is the fact we would most want a trader to know, and it appears on almost no comparison table anywhere.

The5ers deducts 3.5% from every cash withdrawal. Their own wording covers all three routes: “Rise - Commission: 3.5% per withdrawal. Crypto - Commission: 3.5% per withdrawal. Bank Transfer - Commission: 3.5% per withdrawal + any fees charged by the receiving bank.”

The only route with no commission is Hub Credits - and Hub Credits are not money. They cannot be converted to cash under the Terms, and they expire.

It compounds with the refund. On a 545 USD Classic 100K, your 70% refund is 381.50 USD - which, once withdrawn, nets roughly 368 USD. And it applies to every payout you ever take, for the life of the account. Against FTMO, which charges nothing to pay you, this is a real and permanent drag on your earnings.

The Rule That Decides Who Gets Paid: the 0.5% Profitable Day

This is the mechanic that quietly ends more attempts than any drawdown rule, and it has three separate teeth.

The5ers’ definition: “A profitable day is a day on which the closed positions made a positive profit of at least 0.5% of the initial balance… calculated as Minimum(Midnight Balance, Midnight Equity) − Previous Day Balance.”

1. It is 0.5% of your INITIAL balance. On a 100,000 USD account you need 500 USD of net closed profit in a single day for it to count at all. A 400 USD day is worth nothing.
2. It uses Minimum(midnight balance, midnight equity). This is the cruel part. An open losing position at midnight destroys the entire day - even if your closed trades comfortably cleared the target.
3. You need three of them per phase, and again for every scale-up.

The practical consequence: a single enormous winning day cannot get you funded. You need repeated, sizeable, cleanly-closed winning days - and you must be flat at midnight to bank them. Traders who hold positions overnight lose qualifying days they believe they have already earned.

Profit Split and Scaling

The split ceiling is 100%, and to The5ers’ credit it is free and performance-gated - never a paid add-on. The High Stakes ladder runs 80% → 85% (at 175K) → 90% (at 250K) → 100% plus a 4,000 USD fixed monthly payment (at 350K) → 100% plus 10,000 USD monthly (at 500K).

Scaling triggers on every 10% gain (plus three profitable days on High Stakes), with a 500,000 USD ceiling. Bootcamp and Hyper Growth scale to 4 million, but only reach 100% at 2.5-4 million - treat that as marketing rather than a plan.

The catch nobody mentions: “If your account is scaled, the 14-day timer resets from the scaling date.” Scaling resets your payout clock. The reward for performing well is a delay in being paid.

Payouts

• First payout: 14 days after your funded account is activated. Then every 14 days from your last approved withdrawal.
• Minimum: 150 USD, after the split is applied.
• Processing: 5-8 business days. Note the homepage advertises “16h average payout time” - the two do not agree, and we would plan around the FAQ’s 5-8 days rather than the marketing.
• Methods: Rise, crypto (USDT/USDC/ETH/LTC, capped at 1,500 USD per withdrawal), bank transfer, or Hub Credits.
• Commission: 3.5% on all cash routes.

The Consistency Rule You Cannot See Before You Buy

The5ers does not publish a consistency percentage on any programme page. Its FAQ concedes: “Some accounts may have a 30% Consistency Rule, while others may have a 50% Consistency Rule” - depending on account type or region.

That means you cannot know your own threshold before purchase. For a rule that directly gates payouts, that is a real transparency gap, and we would like to see it fixed.

Trading Conditions

• Platforms: MT5 (hedging), cTrader (+10 USD), and TradingView - TradingView is for US traders only, and MetaQuotes platforms are prohibited for US residents. Your platform choice is final and cannot be changed after purchase.
• Instruments: forex, metals, indices, oil and commodities, crypto.
• Commissions: forex 4 USD per lot round turn; no commission on indices; crypto, metals and oil are percentage-based.
• Leverage: 1:100 on High Stakes; 1:30 elsewhere.

Two forfeiture clauses are worth reading before you commit: using a VPN to circumvent geographic restrictions results in all profits being “canceled and forfeited”, and failing to complete a requested interview within five business days results in all pending payouts denied and all accounts cancelled.

How The5ers Compares

The honest read: The5ers and FTMO look similar on paper - static drawdown, free split ladder, comparable fee. The difference is what leaves your pocket. FTMO refunds 100% in cash and charges nothing to pay you. The5ers refunds 70% as equity and takes 3.5% every time you withdraw. Over a year of payouts, that gap is not small.

Who It Suits - and Who Should Avoid It

It suits you if you want a static drawdown, 1:100 leverage, and a genuinely free path to a 100% split - and you are a consistent daily trader who closes positions before midnight. The scaling ladder to 500K with fixed monthly payments on top is one of the more attractive long-term structures in the sector.

Avoid it if you hold positions overnight - the Minimum(balance, equity) clause in the profitable-day definition will silently delete days you thought you had earned. Avoid it if you withdraw often - 3.5% off every payout compounds badly. And do not choose it over FTMO on the strength of the refund: 70% paid as equity, minus 3.5% on the way out, is a materially worse deal than 100% back in cash.

Frequently Asked Questions

Does The5ers charge to withdraw?

Yes - 3.5% on every cash withdrawal, whether by Rise, crypto or bank transfer. The only commission-free option is Hub Credits, which cannot be converted to cash and expire.

Is the fee really refunded?

On High Stakes, roughly 70% of it - credited to your account equity with your first payout, provided you have made at least 150 USD of profit and the account is 14 days old. It does not apply to Bootcamp, Pro Growth or Hyper Growth, and the Terms elsewhere describe the fee as non-refundable.

What counts as a profitable day?

A day where closed positions produced at least 0.5% of your initial balance - 500 USD on a 100K account. It is calculated on the lower of your midnight balance or midnight equity, so an open losing position at midnight can wipe out the whole day.

Is the drawdown trailing?

Not on the CFD programmes - it is static, measured from your starting balance. The5ers Futures is different: it trails, and it never locks at breakeven.

Does scaling delay my payout?

Yes. Scaling resets the 14-day payout timer from the scaling date.

What is the consistency rule?

The5ers does not publish it per programme. Its FAQ says it may be 30% or 50% depending on account type or region - which means you cannot know your threshold before you buy.