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Prop firm review

The5ers

4.7/ 5 on Trustpilot
100/100

Challenges from

$19

$2,500 account

The5ers is one of the highest-rated CFD firms on our list (trust 94, 4.7★), funding traders since 2016 (UK) on MT5, cTrader and TradingView. Its headline feature is the drawdown: every program uses a static, equity-based max loss fixed at your starting balance — it never trails. Cheap entry from $19, an 80% split, and code BR3HALTF takes 10% off plus a free second-chance account on phase 1 of the High Stakes accounts. Compare the programs below and confirm the live rules before buying.

Good to know before you buy

  • Drawdown — Every CFD program uses a static, equity-based max loss fixed at your starting balance — it never trails. Static is their headline differentiator.
  • Consistency rule — No fixed consistency rule on most programs; the High Stakes program needs at least 3 profitable days of 0.5%+.
  • News trading only under conditions
  • EAs / bots only under conditions
  • Minimum 3 trading days

Founded

2016

Steps

1/2/3-step

Profit target

8% / 5%

Profit split

up to 80%

Daily DD

3%

Max DD

6%

Pros

  • Clear breakdown of pricing, drawdown and payout rules
  • Multiple account sizes available
  • Links to the firm’s official site

Cons

  • Always confirm current rules on the firm’s official site
  • An 80% base split is lower than the 90–95% some rivals headline
  • The free-second-chance perk is tied to specific account lines — check yours
  • Best for CFD and forex; the futures product is a separate line

Challenge programs & pricing

Hyper Growth

1 Step
Target P1
10%
Daily DD
3%
Max DD
6%
Drawdown
unknown
Profit split
up to 80%
Payout
Every 14 days
News trading
conditional
AccountPrice
$5,000$74
$10,000$140
$20,000$270
$50,000$470

One-time fee, single phase. PT:DD ratio 1:0.6.

High Stakes

2 Steps
Target P1
8%
Target P2
5%
Daily DD
5%
Max DD
10%
Drawdown
unknown
Profit split
up to 80%
Payout
Every 14 days
News trading
conditional
AccountPrice
$2,500$19
$5,000$35
$10,000$69
$25,000$176
$50,000$278
$100,000$491

PT:DD ratio 1:0.77.

Bootcamp

3 Steps
Target P1
6%
Target P2
6%
Target P3
6%
Max DD
5%
Drawdown
unknown
Profit split
up to 50%
Payout
Every 14 days
News trading
conditional
AccountPrice
$20,000$22
$100,000$205
$250,000$350

No daily loss limit. Cheapest entry program.

Key firm rules

News trading
Allowed, but bracket strategies around news are not. On Hyper-Growth and Bootcamp you can't trade 2 minutes before or after high-impact news.
Expert Advisors (EAs)
Allowed if every position has a stop loss and you avoid tick scalping, latency/arbitrage tactics, emulators or copying other people's signals.
Copy trading
Allowed within your own accounts with limits; third-party copy trading and copying between two Bootcamp accounts are not allowed.
Bootcamp stop-loss
A stop loss is mandatory within 3 minutes, risking no more than 2% of the balance per position.
Inactivity
Accounts with no new orders for 30 calendar days expire.

Payout & scaling

Profit split
Starts at 50% and scales to 75% on most programs; High Stakes starts at 80%, up to 100%.
Payout frequency
Bi-weekly; minimum withdrawal $150 after the split.
Payout fees
Crypto/Riseworks/bank 3.5%, hub credits free.

Company & payments

CEO
Saul Lokier
Headquarters
United Kingdom
Founded
January 2016
Trustpilot
4.7 / 5
Broker / liquidity
Commercial liquidity provider
Tradable assets
Forex, Metals, Indices, Energy, Crypto, Commodities
Payment methods
Card, Bank transfer, Crypto, PayPal, Apple Pay, Google Pay
Payout methods
Bank transfer, Crypto, Riseworks, Hub credit
Restricted countries (30)

Afghanistan, Belarus, Burundi, Central African Republic, Crimea, Cuba, DR Congo, Eritrea, Guinea, Guinea-Bissau, Iran, Iraq, Israel, Laos, Lebanon, Liberia, Libya, Myanmar (Burma), North Korea, Palestinian Territory, Papua New Guinea, Republic of the Congo, Russia, Somalia, South Sudan, Sudan, Syria, Vanuatu, Venezuela, Yemen.

The5ers FAQ

How much does a The5ers challenge cost?

The cheapest The5ers evaluation we track is $19 for a $2,500 account. Larger account sizes cost more — the full price table on this page lists every size we verified (last checked 2026-06-26).

What profit split does The5ers pay?

Up to 80% of profits go to the trader, with payouts 14 days.

What are The5ers's drawdown rules?

Maximum drawdown is 6% and the daily loss limit is 3%.

Does The5ers use a trailing or static drawdown?

Every CFD program uses a static, equity-based max loss fixed at your starting balance — it never trails. Static is their headline differentiator.

Does The5ers have a consistency rule?

Yes. No fixed consistency rule on most programs; the High Stakes program needs at least 3 profitable days of 0.5%+.

Does The5ers allow news trading?

Only under conditions — The5ers restricts trading around news events. Check the exact restriction on their site before trading news (last checked 2026-06-26).

Can I use EAs or trading bots at The5ers?

Only under conditions — automated trading is restricted at The5ers. Confirm your setup is allowed before running it (last checked 2026-06-26).

Does The5ers have minimum trading days?

Yes — 3 trading days minimum before you can pass or withdraw, depending on the program. The program cards above list per-program values where they differ.

Is The5ers legit?

The5ers has operated since 2016, is based in United Kingdom, and scores 4.7/5 on Trustpilot. We track its pricing and rules against official sources (status: partially verified (last checked 2026-06-26)). As with any prop firm: only pay a fee you can afford to lose, and verify the current rules on the firm's own site.

Is there a The5ers discount code?

Yes — we keep the current The5ers offer and any working code on our The5ers discount page, updated with verified pricing. View the The5ers offer →

From

$19