The5ers Review 2025 – Is The5ers Worth It?
The5ers is a leading proprietary trading firm offering multiple evaluation programs, flexible drawdown rules, and scaling plans of up to $4,000,000 in funding with profit splits that can reach 100% for top performers.
The5ers Quick Facts
A fast summary of The5ers’ key programs, risk rules, and funding structure.
The5ers Challenge Rules
Below is a breakdown of The5ers’ High Stakes evaluation rules for both Phase 1 and Phase 2.
Phase 1 Evaluation
- Profit Target: 8%
- Maximum Daily Drawdown: 5%
- Maximum Overall Drawdown: 10%
- Minimum Profitable Days: 3
- Trading Period: No time limit
Phase 2 Verification
- Profit Target: 5%
- Maximum Daily Drawdown: 5%
- Maximum Overall Drawdown: 10%
- Minimum Profitable Days: 3
General & Platform Rules
- Weekend Holding: Allowed on most assets (watch swaps)
- EA / Bots: Allowed if they comply with forbidden-strategy rules
- Programs: Bootcamp, Hyper Growth, High Stakes
- News Trading: Allowed with specific restrictions on high-impact events
Pricing & Account Sizes
Here is the latest The5ers High Stakes challenge pricing based on different account sizes. All fees are refunded after you pass the evaluation and receive your first payout.
| Account Size | Challenge Fee | Refundable? |
|---|---|---|
| $5,000 | $39 | Yes |
| $10,000 | $78 | Yes |
| $20,000 | $165 | Yes |
| $60,000 | $329 | Yes |
| $100,000 | $545 | Yes |
Pros & Cons
A quick overview of The5ers’ strengths and limitations.
Pros
- Well-established and highly trusted prop firm
- Fast, bi-weekly payouts and strong reputation for reliability
- Multiple programs to match different risk styles (Bootcamp, Hyper Growth, High Stakes)
- No time limit on completing the challenge
- Scaling up to $4M with profit splits that can reach 100%
Cons
- Leverage (up to 1:100) is lower than some aggressive competitors
- Fees on larger accounts can feel expensive for new traders
- Detailed rules for EAs and news trading require careful reading
- Rules and conditions vary by program, which can be confusing at first
Who Is The5ers Best For?
The5ers works well for a wide range of traders, but some profiles benefit more from its evaluation style and scaling plans.
Day Traders
Suitable for disciplined intraday traders who can respect the 5% daily loss limit while steadily working toward the 8% and 5% profit targets in the High Stakes program.
Swing Traders
The ability to hold positions overnight and over weekends on many instruments makes The5ers attractive to swing and position traders with clearly defined risk management.
Low-Risk & Systematic Traders
Traders with low-drawdown strategies, including rule-based or EA-driven systems that follow The5ers’ guidelines, tend to perform well under the absolute and daily drawdown limits.
Experienced Professionals
Ideal for experienced traders who want structured growth up to multi-million funding, frequent payouts, and a long-term relationship with a reputable prop firm.