The5ers Reviews

"The5ers.com" offers various pricing structures across its Bootcamp, Hyper Growth, and High Stakes programs to cater to traders at different levels. For the Bootcamp Program, initial entry costs range from $95 for a $100K account to $225 for a $250K account. Once you pass the evaluation, a one-time fee ranging from $205 to $350 is required. The Hyper Growth Program offers accounts ranging from $10K to $40K with one-time participation fees of $260, $450, and $850, respectively. It’s designed for traders seeking rapid account growth. The High Stakes Program offers accounts from $5K to $100K with one-time fees ranging from $39 to $495. In general, The5ers operates with a one-time participation fee structure, meaning no recurring charges, which simplifies cost management for traders. The firm offers entry-level accounts starting from as low as $95, appealing to beginners, while providing instant funding accounts for more seasoned traders. Traders can trade in FX, metals and indices, with leverage of 1:30 and profit split that scales up to 100%.

"The5ers.com" offers a few different methods of payment. These include Direct transfer, Credit cards, and cryptocurrencies. It's important to note that traders who pay via Confimo/Coingate (Cryptocurrency) will need to take into account extra fees for network transactions. If the payment is underpaid due to fees, the order will not complete and the account will not open. As a 5ers trader, one can earn 5ers hub credit which can go towards purchasing accounts. These credits can be used at checkout. For payouts, The5ers traders can accept payouts from Wise, bank transfers, The5ers VISA Card and cryptocurrencies. Payout payments can only be processed once the trader passes onto funded levels. After that, traders have the possibility to withdraw their profits on a biweekly basis. The 14-day payout cycle will reset every time a new account is scaled. Withdrawals won't affect the scaling of the account. Traders can request a payout from their hub using the 'request payout' button.

To join The5ers, one must be over 18 years of age and can have any level of trading experience. The5ers welcomes traders from all over the world, of different nationalities, cultures, and skill levels. However, there are some countries that are not accepted due to reasons beyond their control.

To get started with The5ers, one begins with a Level 1 account. There is a requirement to sustain a 6-7% net profit gain for the low-risk program and 12% for the aggressive program. Once the profit target is reached, one has to keep above the max stop out limit and must not exceed the max leverage rate.

There are also account limitations. Traders can have one $5k account and one other account of any size, with a maximum of two active accounts. Traders must have a minimum of 3 profitable days. Profit targets are set at 8% for the first step and 5% for the second step.

The5ers also provides access to a Prop Trading Course to take trading to the next level. This includes Trading Planning, Advanced Risk Management Technique, and Trading Psychology. They also offer free 1-on-1 performance coaching and access to a Portfolio Analyst.

The5ers is a forex funding firm that offers different programs for traders to trade with their capital and keep the profit. It provides unique career enhancers for worldwide Forex traders, including a scaling plan to boost capital levels and earn profits. The firm was established by professional forex traders, to create an open career-building platform for forex traders. Traders may pay as little as $95 to open a demo account, and instant trading access is available. The5ers is not a financial institution and does not promote or sell any financial products or services. It offers opportunities and benefits that cannot be matched elsewhere, such as frequent payouts and growth simultaneously, exceptional trading conditions, a traders community, and a fastest growth plan. The5ers traders have access to a Portfolio Analyst and extensive reading resources to expand their trading literacy. They also provide dedicated support from traders to traders via telephone, live chat, email, or form submitting. The5ers was registered in Israel in 2016 and has several representative offices globally, the largest of which is located in the United Kingdom.

The5ers VISA Card is a solution that aims to redefine how traders access and utilize their profits. It offers a host of benefits designed to enhance convenience, security, and accessibility. The card introduces a plethora of features tailored to meet the unique needs of traders worldwide. There are options for both virtual and physical cards. To issue a new card connected to an account, one needs to go to the menu “Cards” and choose “Create Card”. Then the type of card – Physical or Virtual is chosen and a Cardholder Name and Company Name (if necessary) are entered. For 3D Secure settings, a phone number and a 3D Secure Password are required. For a Physical Card, a 4-digit PIN and the address to which the card is to be delivered are also needed. After filling in all the information, the “Create Card” button is pressed, and the new card is created. The virtual card can be used for online and in-person payments and is available on Google Pay, Samsung Pay, and Garmin Pay. The card can be managed online, and it can be instantly frozen or unfrozen. It is also possible to request unlimited virtual cards aligned to a EUR IBAN account.