Trade 10 days
The 5%ers Standard
The 5%ers Boot Camp Challenges
The 5%ers High Stakes Challenge
MyPropChoice is not a white label provider of The 5%ers or any vendor on our website.
All Prop Firm account discounts are made possible by means of a preliminary evaluation administered by MyPropChoice.
Watch the video below to understand how MPC’s Gate Way Challenge works.
The 5ers is an established market leader in the world of forex prop firms providing funding programs unique to their own philosophy. This forex prop firm offers 6 direct funding programs, and one normal challenge model like most other companies, and one more unique “freestyle” challenge program
The 5%’s offers a low risk and a high risk direct funding option, both with different leverage, account stop out, and profit targets. However, no matter which account chosen you will initially trade with 25% the account balance your applying for. Upon reaching the initial profit target your account balance will grow 4x, and every profit target hit after that your balance will grow 2x.
The 5%’s offers a 100 position challenge program called freestyle where the goal is not to necessarily make the most money, but to ensure your risk to reward ratio is favorable. This program is unique in the fact that not only do you not have a profit target during the challenge phase, but also during the funded stage you will be eligible for 100% of profits made!
The 100k bootcamp program is a 3 phase challenge 100k with a 1 year time limit to complete the program. Traders go through a series of challenges increasing the balance by $25k each time hitting a 6% profit target with a static loss amount of 5%. Once the trader has completed their series of challenges they will have to pay an additional €215 euros and be eligible for profit splits start at 50% working their way upto 80% working through the scaling levels until the account is at the balance of $4m.
Excellent programs with clearly defined objectives. They’re designed with different types of traders in mind, allowing them to succeed at their own pace. Dashboard is pretty polished, customer service is responsive and growth programs are enticing. So far a great experience. Looking forward to a prolonged relationship with this company.
Information source The 5%ers Official Website
Absolutely. Trade using your tools and techniques, from trading scripts to indicators and EA as long as they do not:
– copy trades of other persons signals– do tick scalping– perform latency arbitrage trading– perform reverse arbitrage trading– perform hedge arbitrage trading– use emulatorsAny accounts using these types of EAs will be canceled, banned, and not refunded.
Trading will be disabled for EAs from 23:00 to 01:00 GMT+3.
Yes. we are not brokers. Our relationships with our traders are legally bound by a service provider contract between the trader (the provider of the services) and the fund (The contract issuer). Our business structure allows United States traders to provide their services to our trading fund.
There are no minimum trades or trading days requirements for completing Level 1.Complete Level 1 immediately when reaching the profit target. No need to wait anymore to grow your account faster.
The first low entry cost challenge, where you can prove your trading skills, and pay the rest only once you’ve passed.
The 5%ers does not use a traditional broker as they are connected directly to commercial liquidity providers. The 5%ers trading activities are all executed via the STP Market Execution. They have incorporated an ECN-Broker-Fees-Structure into their platform. The spread and commission are shown separately – the commission is $4 per lot round trip, which is 0.4 pips.
As for trading platform, all trades are executed using the MT5 (MetaTrader 5) trading platform.
14 Haroshet st, Raanana, Israel
Freedom to Choose
Our All Star Support team is available to answer your questions
This is not an investment opportunity. You do not deposit any funds for investment. We do not ask for any funds for investment. At no time do you risk your own capital. There are no promises of rewards or returns. Trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one’s financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
Hypothetical performance results carry with them specific inherent limitations that users should be aware of. It’s important to understand that these results do not guarantee or imply that any account will achieve profits or losses mirroring those displayed. Often, real-world trading yields results that can differ significantly from those seen in hypothetical scenarios. A key constraint of hypothetical results is that they are constructed with the advantage of hindsight. Moreover, such results do not grapple with the financial uncertainties that live trading presents. Factors such as an individual’s capacity to navigate trading losses or remain committed to a trading strategy in challenging times play pivotal roles in real trading situations. Furthermore, myriad external factors connected to the broader market or the intricacies of a specific trading method may not be captured in hypothetical data, and these can have tangible effects on actual trading outcomes. It’s also essential to note that testimonials on our platform might not encapsulate the diverse experiences of all our users and should not be construed as a benchmark for future results.
Our services, including all accounts offered, are designed to provide a realistic simulation of trading under actual market conditions. We incorporate various elements, including commissions, to closely mimic real-world trading scenarios. While our services aim to be a rigorous challenge even for seasoned traders, their primary objective is to train customers to navigate and manage the psychological impacts of trading more effectively. We emphasize that our services are demanding and might not be suited for individuals with limited trading experience.
All trades on our platform are theoretical in nature. Accounts offered are purely simulated, with no actual trading activity taking place. Endorsements and compensation highlighted on this platform might not represent the experiences of all our users and should not be viewed as a prediction of future outcomes or successes.
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