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The5ers Funded Account Review

The5ers Review

The5ers Trading Fund is a proprietary trading fund, specializing in forex trading. The company is not a broker and does not provide retail trading accounts. Instead, it is a community of dedicated forex traders who support and motivate each other to achieve growth and success.

The5ers Review

Funding Programs Types

The5ers works on a comprehensive evaluation program. Traders are assessed on their trading skills and professionalism through different evaluation mechanisms. The Low Risk Evaluation Program of The5ers is more suitable for low-risk traders as traders are required to sustain 6% gain in net profit and 4% drawdown avoidance.

The more experienced traders can choose to take The Extended Risk Evaluation Program. It has extensive benefits; however, traders have to maintain a higher net profit, with a drawdown rate of 8%.

Eventually, traders who meet the target goals of the evaluation qualify for a funded account. They can trade with The5ers capital, with zero risks and about 50% profit split. Thus, traders receive 100% account financing, 50% of the profits with a growth target of 10%, and 0% self-capital risk!

The5ers Funded Account

The fee for low-risk evaluation program to qualify for a $52,000 funded account is $550 and requires traders to trade a $13,000 live account to qualify. On the other hand, the fee for a $40,000 funded account is $400, and that for a $24,000 funded account is $270.

In terms of the Extended Drawdown programs, the one-time commitment fee for a $45,000 funded account is $1,200, for a $30,000 funded account is $800, and for a $21,000 funded account is $580.

Pros

  • Account Financing – 100%
  • Profit Split – 50%
  • Growth Target – 10 %
  • Self Capital Risk – 0%
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Israel

Location

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Proprietary trading account

Products offered

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Not Available

Years in business

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Not Available

Number of traders

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The5ers Trading Fund is a proprietary trading fund, specializing in forex trading. The company is not a broker and does not provide retail trading accounts. Instead, it is a community of dedicated forex traders who support and motivate each other to achieve growth and success. The5ers Review Funding Programs Types The5ers works on a comprehensive evaluation program. Traders are assessed on their trading skills and professionalism through different evaluation mechanisms. The Low Risk Evaluation Program of The5ers is more suitable for low-risk traders as traders are required to sustain 6% gain in net profit and 4% drawdown avoidance. The more…
Thus, with the help of The5ers funded accounts, traders do not need to risk their capital and keep making profits. The trading plan of The5ers is designed with aggressive growth potential, and traders grow along with the company. The success of traders is the success of The5ers and vice versa.
The5ers Review

The5ers Review

3.29 ( 18 votes)
Website usability
Customer Services
Fees
Education center
Funded Accounts

Thus, with the help of The5ers funded accounts, traders do not need to risk their capital and keep making profits. The trading plan of The5ers is designed with aggressive growth potential, and traders grow along with the company. The success of traders is the success of The5ers and vice versa.

User Rating: 3.29 ( 18 votes)
  • Sam

    05/06/2019 at 10:24 am

    Which trading platform do they use?

  • TSR Warrior 05/06/2019 at 1:20 pm

    They use Metatrader 4 platform (MT4).

  • William

    11/06/2019 at 10:34 am

    If it’s not a broker, who is the broker then?

  • TSR Warrior 12/06/2019 at 8:03 am

    THE5ERS utilize the services of a variety of brokers, but their identities cannot be disclosed.

  • Tom

    20/06/2019 at 4:07 pm

    Can I keep my trades until the next day?

  • TSR Warrior 20/06/2019 at 4:18 pm

    Yes and they’ll even let you keep them over the weekend.

  • Travis

    23/06/2019 at 11:11 pm

    Is the company still running? On companies house it states ‘THE FIVE PERCENTERS LLP’ dissolved on 8 January 2019. I am trying to find out more before I begin a evaluation

  • TSR Warrior 25/06/2019 at 10:16 am

    No, it is not dissolved. A registered name of this company is FIVE PERCENT ONLINE LTD.

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