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Forex prop firm · Flexibility grade A

The5ers Review

4.7across 37,388 reviews
Max profit split
80%
Challenges from
$19
Largest account
$250K
Payouts
Every 14 days
First payout
14 days

UK-based CFD prop firm operating since 2016 with four core programs

The5ers discount code — full terms & discounted prices

How The5ers compares

Strengths

  • Challenges start from $19 — cheaper than the typical entry among the 19 forex firms we track.
  • Rated 4.7/5 across public trader reviews — above the 4.4 median among the 19 forex firms we track.

The5ers suits traders who value a lower entry price.

Ratings

Review score
4.7/ 5
Community rating
4.7/ 5
1,279 reviews
Community following78,974

Ratings aggregated from public trader review scores, verified 2026-08.

About The5ers

The5ers is a UK-based proprietary trading firm operating since January 2016, offering four programs across 15 configurations with account sizes from $2,500 to $250,000. It trades CFDs on forex, indices, metals, energies, crypto, and commodities across cTrader and MT5.

Headquarters
United Kingdom
Founded
2016
Chief executive
Saul Lokier
Max profit split
80%
Starting price
$19
Largest account
$250K
Payout frequency
Every 14 days
First payout
14 days
Profit target
10%
Max drawdown
6%

Platforms

cTraderMT5

Markets

ForexIndicesMetalsEnergiesCryptocurrenciesOther Commodities

Challenges & pricing

The5ers' cheapest plan is a $2,500 2-step account at $19; the largest funded account is $250,000 ($225). In total The5ers lists 22 plan configurations across 4 account models, with profit splits up to 80%.

The5ers' High Stakes runs from a $2,500 2-step account at $19 up to $100,000 at $491, with a profit target of P1 8% / P2 5% or P1 10% / P2 5%, a max loss of 10%, a daily loss limit of 5% and a profit split of 80%.

Choose your model type — pricing and rules differ by type.

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About the High Stakes program

Rules that apply to every account size above.

In detail
Max loss10% static maximum loss from initial balance
Daily loss5% in evaluation and funded stages
Evaluation
Min trading days3 profitable days per evaluation phase; 3 profitable days before withdrawal/scaling
Funded account
Funded drawdown10% static maximum loss; 5% daily loss
Max allocation$500,000
Scaling planScales after each 10% funded target, up to $500,000
Payouts
Payout frequencyEvery 2 weeks
First payout14 days after funded activation; $150 minimum profit
Processing timeTypically up to 3 business days after approval
Min days to payout14
Refund policyProgram page advertises a funded-stage refund; general terms allow refunds within 14 days only before trading activity
Trading rules
Weekend holdingAllowed; index positions incur high swaps
Overnight holdingAllowed
HedgingOrdinary hedging is allowed; hedge arbitrage and cross-account or cross-operator offsets are prohibited
Copy tradingExternal, other-trader and coordinated copying are prohibited; current own-account guidance conflicts
Expert advisorsAllowed with visible stop-loss and owned source code; no copying, tick scalping, HFT, latency/reverse/hedge arbitrage, or emulators
Other restrictionsNo execution from 2 minutes before through 2 minutes after high-impact news; 30-day evaluation and 60-day funded inactivity limits
Commission / lotApproximately $4 per lot; no exact program-specific schedule published
Access
PlatformsMetaTrader 5 Hedge
Payout methodsRise, Crypto, Bank transfer, Hub Credits

Check this firm’s payout stats, verified on-chain:

The5ers payouts

Recent changes

Reviewed updates to The5ers's pricing, account configuration, FAQs and trading rules, tracked in Fine Print.

  1. Account config

    Wording change: “funded stages” to “pro stages” for Hyper Growth.

    Before
    … profit target, maximum loss and daily pause remain the same for the funded stages for Hyper Growth Program
    After
    … profit target, maximum loss, and daily pause remain the same for the pro stages for Hyper Growth Program
  2. Price

    Refund timing changed from within 14 days to 5 days cash then Hub Credit

    Before
    Within 14 days of making a purchase.
    After
    Within 5 days of purchase: You may request a full monetary refund. After 5 days from purchase: You may request a refund in the form of Hub Credit only.
  3. Rules

    High Stakes withdrawal requirement added: 3 profitable days

    New value: - 3 profitable days is a mandatory requirement, prior to withdrawal, in the High Stakes program only IMPORTANT NOTE: The rule was reverted to original stance which doesn't require any profitable trading days before withdrawal. The revert happened before we launched the final version of "Fine Print" therefore it didn't catch this important update.

See other changes

The5ers in our coverage

Articles from the Capital Critic blog that cover The5ers in depth.

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The5ers FAQs

Answers sourced from The5ers’s own help center.

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