In-Depth Review of The5ers (2025)

An evidence-based, up-to-date review of The5ers’ funding programs, rules, execution & reputation.

The5ers — Quick Snapshot

⭐ 4.9 / 5 (Trustpilot & independent reviews)

The5ers, a UK-based prop-trading firm (founded 2016), offers High-Stakes, Bootcamp, and Instant Funding models with up to 100% profit splits, supports MT5 and TradeLocker, and is known for transparent rules and fast payouts, though strict risk limits and higher challenge fees may challenge some traders.

  • ✅ Diverse funding models (High-Stakes, Bootcamp, Instant Funding) with account sizes up to $4,000,000 via scaling.
  • ✅ High profit splits (80%–100%) and fast payouts (weekly or on-demand).
  • ✅ Supports MT5 and TradeLocker with forex, metals, indices, and crypto instruments.
  • ✅ Strong reputation with over 17,000 Trustpilot reviews and transparent rule enforcement.
  • ❌ Higher challenge fees (e.g., $495 for $100,000 Bootcamp) compared to newer firms.
  • ❌ Strict risk rules (e.g., 3%–6% daily drawdown, 6%–12% max) may limit aggressive strategies.
  • ❌ Limited platform options (no MT4 or cTrader).
The5ers platform screenshot
The5ers — platform overview & instruments on MT5.

Introduction

What is The5ers? The5ers, founded in 2016 and headquartered in the UK, is a proprietary trading firm offering funded accounts up to $4,000,000 through High-Stakes, Bootcamp, and Instant Funding models. Known for its transparent rules and high profit splits, it partners with regulated liquidity providers to offer reliable execution across multiple asset classes.

This review synthesizes The5ers’ official documentation, independent reviews, and community feedback for a balanced, evidence-based perspective. See sources at the end.

Account Types & Challenge Models

The5ers offers three distinct funding programs tailored to various trader profiles:

  • High-Stakes Challenge — Two-phase evaluation with 8% (Phase 1) and 5% (Phase 2) profit targets, 6% daily drawdown, and 12% maximum drawdown. No time limits, minimum 3–10 trading days per phase.
  • Bootcamp Challenge — Low-cost entry ($95–$495) for accounts up to $100,000, requiring a three-phase evaluation with 6%–10% profit targets and stricter risk rules.
  • Instant Funding — Direct funding (no evaluation) for experienced traders, with account sizes from $5,000 to $20,000 and up to 100% profit splits, subject to strict risk parameters.

Account sizes range from $5,000 to $100,000 initially, scaling to $4,000,000 with consistent performance. Challenge fees range from $39 (High-Stakes $5,000) to $495 (Bootcamp $100,000), non-refunded but with occasional promotional discounts.

Platforms, Assets & Execution

Platforms: The5ers supports MT5 and TradeLocker, with a proprietary dashboard for account management. No support for MT4 or cTrader may limit some traders.

Assets: Includes forex, metals, indices, and select cryptocurrencies, with leverage up to 1:100 for forex and 1:10 for crypto.

Execution environment: Execution is backed by regulated liquidity providers, ensuring competitive spreads. Some traders report slippage during high volatility, so test latency-sensitive strategies on smaller accounts.

Profit Share, Fees & Payouts

Profit split: The5ers offers 80% profit splits, scaling to 100% for Instant Funding accounts or with performance milestones.

Payout methods & timing: Payouts are processed weekly or on-demand via bank transfer or cryptocurrency (BTC, USDT). Processing takes 1–2 days, with gateway fees applicable.

Fees: Challenge fees range from $39 to $495, with no additional trading commissions. Withdrawal fees depend on the payout method (e.g., ~2–3% for crypto).

Risk Rules & Common Trigger Events

The5ers enforces strict risk rules to protect firm capital. Key rules include:

  • Daily loss limit: 3%–6% from end-of-day equity, depending on program.
  • Maximum drawdown: 6%–12% from initial balance.
  • Minimum trading days: 3–10 days per challenge phase.
  • Profit targets: 6%–10% (High-Stakes/Bootcamp).
  • Restrictions: No high-frequency trading, arbitrage, or news trading within restricted windows. Expert Advisors are allowed with approval.

Verify exact rules in The5ers’ Terms & Conditions, as they are authoritative and may change.

User Feedback & Reputation

Trustpilot & aggregated reviews

The5ers scores ~4.9/5 on Trustpilot with over 17,000 reviews, praised for its transparent rules, fast funding process, and responsive support. Reviewers highlight the professional approach and payout reliability.

[](https://tradersunion.com/reviews/the5ers-com/)

Independent reviews

Sites like TradersUnion and ForexPropReviews commend The5ers for its clear system, user-friendly platform, and absence of hidden rules, though higher fees are noted as a drawback.

Complaints & community threads

Community feedback occasionally mentions strict drawdown limits and higher challenge fees. Traders recommend thorough rule review and maintaining records for disputes.

Practical takeaway: The5ers is a trusted choice for disciplined traders due to its strong reputation and high profit splits, but its fees and rules require careful planning. Test strategies on smaller accounts.

Legitimacy, Regulation & Risks

Legitimacy: The5ers, established in 2016 and based in the UK, is a registered entity with a strong Trustpilot presence and partnerships with regulated liquidity providers, enhancing credibility.

Regulatory nuance: As a prop firm, The5ers is not a regulated retail broker, so protections differ from traditional brokerages. Execution is facilitated through regulated partners.

Risk summary: Risks include strict rule enforcement, non-refunded fees, and potential slippage. Maintain detailed records for disputes.

Pros & Cons (Summary)

Pros
  • Diverse funding models with high scaling potential.
  • High profit splits (80%–100%) and fast payouts.
  • Transparent rules and strong Trustpilot rating (~4.9/5).
  • Reliable execution via regulated liquidity providers.
Cons
  • Higher challenge fees ($39–$495).
  • Strict drawdown limits (3%–6% daily, 6%–12% max).
  • Limited platform options (MT5, TradeLocker only).

Final Thoughts — Who Should Use The5ers?

The5ers is ideal for disciplined traders seeking high profit splits, transparent rules, and scalable accounts, particularly those comfortable with MT5 or TradeLocker. Its higher fees and strict rules may deter aggressive traders, so test strategies on smaller accounts. Maintain detailed records and verify rules before trading.

Recommended pre-deployment checklist:

  1. Confirm challenge rules (profit targets, drawdowns, trading days).
  2. Test platform compatibility (MT5, TradeLocker).
  3. Prepare KYC documents to avoid payout delays.
  4. Account for gateway fees when calculating net payouts.

References & Sources

  • The5ers — Official website
  • Trustpilot — The5ers reviews
  • TradersUnion — The5ers review
  • ForexPropReviews — The5ers review
  • The5ers — Terms & Conditions