The5ers is a premium FreelancingMarketplace connecting businesses with elite freelance developers. Their rigorous vetting process ensures only top 5% talent joins their platform. Clients benefit from reliable, skilled developers without the usual freelancing headaches, while developers enjoy consistent high-quality projects. Their tiered pricing offers flexibility for different business needs.
OVERALL SCORE
9.5
PROS
Global talent network
Rigorous vetting process
No recruitment fees
Flexible hiring options
Hire within 48 hours
Dedicated talent success managers
Full-time or part-time developers
14-day risk-free trial period
CONS
Requires substantial upfront investment
Limited flexibility with project scope
May have longer turnaround times
Higher price point than competitors
Company Overview
The5ers is a reputable proprietary trading firm that provides funded trading accounts to talented traders worldwide. Founded in 2016 by veteran Forex traders, The5ers stands out for its trader-centric approach and innovative two-phase evaluation model. The company offers both Standard and Professional challenge programs, designed to identify disciplined and consistent traders worthy of managing the firm’s capital.
What sets The5ers apart is their unique scaling opportunities, allowing successful traders to increase their account sizes up to $4 million. Unlike many competitors, The5ers offers deep scaling plans and one-step evaluations for experienced traders. With features like high profit splits (up to 80%), no time limits on challenges, and real-time customer support, The5ers has built a strong reputation in the prop trading industry for fair policies and reliable payouts.
$350 – For the $100,000 Standard Challenge account
$225 – For the $20,000 Professional Challenge (more advanced trading parameters)
$350 – For the $50,000 Professional Challenge (more advanced trading parameters)
$550 – For the $100,000 Professional Challenge (more advanced trading parameters)
Account Types
Standard Challenge: Two-phase evaluation with 8% profit target in both phases, 4% daily drawdown limit, and 10% maximum drawdown
Professional Challenge: Two-phase evaluation with 5% profit target, 5% daily drawdown limit, and 10% maximum drawdown; designed for more experienced traders
Funded Account: After successfully passing both challenge phases, traders receive a real funded account with actual capital
Instant Funding: One-step evaluation option for experienced traders looking to skip the traditional challenge process
Profit Split Options
50/50 Split: Standard profit sharing model for new funded traders
70/30 Split: Enhanced profit split for traders who maintain consistent performance
80/20 Split: Maximum profit split available for top-performing traders after demonstrating exceptional results
Scaling Program: Increasing profit splits as traders progress through account size increases
Account Sizes
$5,000: Entry-level account for new traders with the lowest challenge fee
$20,000: Mid-tier account balancing affordability with decent capital size
$50,000: Advanced account for experienced traders seeking larger capital
$100,000: Highest standard account option for professional-level traders
Up to $4 million: Maximum potential account size through The5ers’ scaling program
Trading Platforms
MetaTrader 4: Classic trading platform with robust features and widespread popularity
MetaTrader 5: Advanced platform with additional timeframes, indicators, and improved functionality
cTrader: Alternative platform offering enhanced execution speed and depth of market visibility
Financial Markets
Forex: Major, minor, and exotic currency pairs with competitive spreads
Commodities: Trading in gold, silver, oil, and other major commodities
Indices: Access to major global stock indices
Stocks: Select CFD trading on major stocks and equities
Cryptocurrencies: Trading in major digital currencies through CFDs
Challenge Programs Detail
Standard Challenge
Feature
Challenge Phase
Verification Phase
Duration
No time limit
No time limit
Profit Target
8%
8%
Daily Drawdown
4%
4%
Maximum Drawdown
10%
10%
Minimum Trading Days
5 days
5 days
Professional Challenge
Feature
Challenge Phase
Verification Phase
Duration
No time limit
No time limit
Profit Target
5%
5%
Daily Drawdown
5%
5%
Maximum Drawdown
10%
10%
Minimum Trading Days
5 days
5 days
Challenge Specifications
Max Allocation: Up to $4 million through scaling program for consistently profitable traders
Scaling: 25% account growth each time after achieving 10% profit in funded account phase
Trading Competitions: Monthly competitions with additional cash prizes and account upgrades
Free Trial: 7-day demo account available to test platform and trading conditions
Profit Targets: 8% for Standard Challenge, 5% for Professional Challenge (both phases)
Drawdown Structure:
Daily: 4% for Standard, 5% for Professional (calculated from starting balance)
Maximum: 10% for both challenge types (calculated from starting balance)
Trailing: No trailing drawdown (fixed drawdown from starting balance only)
No overnight position limits – hold trades over weekends and holidays
News trading is allowed, including major economic announcements
No minimum trading days requirement after passing challenge
No maximum allowed leverage restrictions beyond broker limits
No specific lot size restrictions beyond account risk parameters
EA and automated trading systems are permitted
No restrictions on trading styles (scalping, day trading, swing trading allowed)
Minimum 5 trading days during each challenge phase
Prohibited: Trade copying, manipulation, arbitrage, or exploiting latency
Company Information
Founded in 2016 by professional Forex traders
Headquarters: Israel, with global operations
Regulation: Operating as a private trading firm (not a broker)
Customer Support: 24/5 live chat and email support
Educational Resources: Free webinars, trading guides, and market analysis
Community: Active trader community forum and Discord channel
Languages Supported: English, Spanish, Arabic, Russian, and more
Payout Methods
Bank Wire Transfer (2-5 business days)
PayPal (1-2 business days)
Skrill (1-2 business days)
Neteller (1-2 business days)
Bitcoin/Cryptocurrency (1-3 business days)
Minimum payout: $100
Withdrawal processing: Monthly profit withdrawals available
Trading Commissions
No performance fees beyond the profit split
Standard market spreads without markup
Institutional-grade liquidity with low spreads
Forex pairs: Average 0.1-1.2 pip spreads
Commission-free trading structure (revenue comes from profit splits)
No inactivity fees or monthly subscriptions after funding
IP Rules
One IP address per trader account (shared IPs require pre-approval)
VPN usage allowed with prior notification to support
Trading from multiple locations permitted with account verification
Prohibited: Multiple accounts from same IP without authorization
Account sharing strictly prohibited
Travel notifications required when trading from new locations
Video Review
Unique Features
Scaling Program
Incremental 25% account growth with each 10% profit milestone
Potential to scale up to $4 million in trading capital
No repeat challenges required for scaling – continuous growth
Profit split increases with scaling milestones
No Time Limits
Take as long as needed to complete challenge phases
Low-pressure environment focused on consistent trading
No expiration on funded accounts with minimal activity
Trading Freedom
All trading styles permitted (scalping, swing, position)
Hold trades overnight and through weekends
News trading allowed without restrictions
EAs and automated systems supported
Why Choose The5ers?
The5ers stands out in the crowded prop trading space by offering traders exceptional flexibility, generous scaling opportunities, and trader-friendly policies designed to promote long-term success rather than quick disqualifications.
Key advantages include:
No time limits on challenges – trade at your own pace without pressure
Industry-leading scaling program up to $4 million in capital
High profit splits up to 80% for consistent performers
No repeated evaluations needed for scaling – continuous growth
Transparent drawdown calculations based on starting balance
Responsive 24/5 support from actual traders
Educational resources and community support
Frequently Asked Questions
How long does it take to get funded?
The time to funding varies based on your trading performance. Since The5ers places no time limits on challenges, you can complete them at your own pace. Traders typically complete both challenge phases in 1-3 months, but some skilled traders achieve funding in as little as 2 weeks by meeting the profit targets efficiently. After passing both phases, your funded account is typically set up within 1-3 business days.
Can I hold positions over the weekend?
Yes, The5ers allows traders to hold positions over weekends and holidays without restrictions. This gives you the flexibility to engage in swing trading and longer-term position trading strategies. However, you should still be mindful of weekend gaps and potential volatility around market openings, as these could affect your drawdown limits if positions move against you significantly.
What happens if I break a rule?
If you violate trading rules, consequences depend on the severity. Minor violations typically result in warnings. However, serious violations like exceeding maximum drawdown limits, manipulation, or using prohibited trading methods will result in immediate account termination without appeal. The5ers evaluates each situation individually, and while they aim to support traders, they must protect their capital against high-risk behavior. Always contact support if you’re unsure about a specific rule.
Can I trade news events?
Yes, The5ers allows trading during news events, including major economic announcements. Unlike many prop firms that restrict trading around high-impact news, The5ers gives you the freedom to implement news-based strategies. However, remember that news events often bring increased volatility and wider spreads, which can affect your risk management. Proper risk control is still essential when trading volatile news conditions to avoid hitting drawdown limits.
How often can I withdraw profits?
The5ers processes profit withdrawals on a monthly basis. Once you have a funded account, you can request withdrawals of your profit share (50-80% depending on your level) once per month. The minimum withdrawal amount is $100, and payments are typically processed within 1-5 business days depending on your chosen payment method. There are no fees for withdrawals, though your payment provider might apply their own transaction fees.
