Pass our Gate Way Challenge
We Pay Your Prop
Duration
30 Trading Days
Minimum Time
Trade 10 days
Profit Target
10%
Daily Drawdown
5%
Overall Drawdown
10%
The 5%ers Standard
The 5%ers Challenges
Review The 5%ers Funding Program Options
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
Direct Funded Accounts
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.
Free Style Program
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!
100k BootCamp Program
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.
Dave
Customer
FAQ
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 emulators
Any 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.
Which broker does 5ers use?
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.
