FREQUENTLY ASKED QUESTIONS
Some excellent questions we get asked time and time again
Our FAQs page offers a series of frequently asked questions with their answers, insights, and resources to help you. Our goal in writing these question and answer sets is to cover all angles about who we are, what we do, and how it all works. Need more info? We're happy to help. Fill out the contact form below and we'll be in touch.
The 5%ers uses the Metatrader 4 platform, designed by Metaquotes. MT4 is the platform of choice for most Forex brokers and traders worldwide. Providing the MT4 platform to our traders was a natural decision, as our goal was to ensure a smooth learning and trading experience by offering the most familiar trading environment to our traders.
Absolutely. We trust in your judgement and skills and aren’t here to change a thing about your strategies or approaches to trading by becoming one of our Account Managers. Trade with comfort all of the tools and techniques you know using the MT4 platform, from trading scripts, to indicators and EA with zero limitations. Your success is our success and we support you all the way.
Yes. The Metrader4 app can be downloaded for free for Androids on Google Play Store, or via the Apple App Store for iOS, with versions available for smartphones and HD apps for tablets.
Our capital fund employs the services of a variety of brokers at the same time, but we respect their discretion and keep the names of each broker undisclosed and confidential at all times. It’s important for traders to understand that they are service contractors with us, and aren’t actual clients of a broker; The5%ers are the brokers’ client. We’re seamlessly connected to a range of brokers via cutting edge technology partners.
The 5%ers will attend to all of your needs with the utmost care. We believe every trader is entitled to support and assistance, be it related to tech inquiries or concerns or trading related. Please contact our support line via Skype: the5ers.support, or via email: [email protected] and we’ll gladly attend to your needs.
All of The5%ers trading activity is executed through our brokers via STP Market Execution. We forward an ECN-Broker-Fees-Structure to our platform, with institutional raw spread rates at zero markups, plus commission as a broker fee.
During periods of standard market volatility, major currency pairs like EUR/USD, GBP/USD, USD/JPY are sold from 0.4 pip to 0.9 pip, and commission rate is set at $9 per 1 Standard Lot. Overnight swap fees are collected and/or paid nightly.
Any trading account you’re provided by The5%ers’ trading fund and its capital value are legally owned by our fund, as we allocate our own capital to traders on a contractor service-based agreement.
The5%ers Trading Guidelines
Our trading guidelines are proportionally similar for any program size, evaluation or a portfolio manager account. The fund’s main concern is risk-management, measured by a drawdown < 4%, the presence of a hard stoploss for every single position at < 1.5% value of the account balance, and maximum open positions exposure < 5:1.
Drawdown is measured with following calculation: The P&L money difference from the highest balance (closed positions P&L), value to the lowest equity (closed + open positions), whichever comes later.
E.g.: highest balance on 1st of May 12:45pm = $10,250, Lowest Equity after 1st of May 12:45pm = $9,800. The drawdown is $10,250 – $9,800 = $450.
Maximum exposure rule of thumb for all accounts is 5:1. However we like to simplify things, so we only look at lot size and not the actual $ value of a position.
E.g.: Account Balance $10,000 has a max exposure allowance of 10,000 X 5 = 50,000 = 0.50 Lot. In $40,000 balance the max exposure is 40,000 X 5 = 200,000 = 2.0 Lots.
As we encourage holding on to running winners, any profitable floating position with a hard stoploss beyond the profit level, (above break-even), is not included in the exposure count, and more positions can be traded at once.
The short: YES, and over the weekend as well. The longer and full answer: The5%ers is the most flexible trading fund in the Forex industry, as we know traders come with diverse trading styles and personalities. Our motto is don’t tamper with a successful recipe for success. With relation to the fund, you bring the grading formula, and we won’t touch it because we invest our capital applying it.
At The5%ers we believe what you’ve earned is yours and due to reward you, with our trading funding abiding by the highest code of ethics for trader payment in the finance sector and online organizations worldwide. We ensure every trader is paid monthly, regardless of the sum you’re due to receive. Let’s keep it real: most of us don’t love dealing with finances and accounting, and we’re no exception. We like to keep our noses and desks clear of messes at the of each pay period and happily payout our Portfolio Managers in a timely and organized fashion, every month.
The5%ers Evaluation Programs
The5%ers evaluation period is specifically designed to observe how traders handle a range of market conditions while demonstrating consistent performance and stability. Our team’s objective is to rest assured that your trading abilities are solid, robust and sufficiently mature to cope with a diverse range of the market’s intense and trying challenges.
Take a bow first, and ride the trading wave you’re on by continuing to trade the same way until meet the additional conditions for you to qualify as one of The5%ers portfolio managers. The benefit you gain is more profits to bank when you’re evaluation period ends. Please note: all traders are required to continue using the same trading method, as our evaluation program is designed for you to demonstrate consistency and solid results.
Yes. There are real, live people behind our website and brand. If for any reason you’re held back, or are actively trading and just need more time, please request a an extension for the time of your evaluation period, and we will consider it carefully. Evaluation-Accounts will be terminated after 6 months otherwise.
We have no doubt that the evaluation period is critical for us and every trader before our capital funding team invests in your new trading career. And we can vouch for our commitment to ensuring that all traders will be evaluated with accounts that are funded with real money and your evaluation program fee will be the maximal loss during your evaluation period, which is only fair. And while we can all look for the drawbacks of the time, tools and systems that are involved in the evaluation program, the truth is we’re looking for traders who can put their money where their mouth is. Show us that you’re confidence to profitable transpires in our evaluation requirements, and you’ll see yourself harvesting the full potential of our portfolio manager programs.
- A Fully Funded Trading Account
- Profit Share Payout
- Trading Losses Waiver
- Trading & Technical Support
- Quadruple your account size at target objectives met
- Automatic entry 2X for 10% – We double your account every 10% you net
About The5%ers Fund
The5ers.com is a website legally owned by Five Percent Online LTD, incorporated in the state of Israel. Is you want to meet us, we welcome you to come visit us in the Holy-Land.
No. There is no regulation class to what we do, since The5%ers is not a financial institute. We do not provide any financial services, including to trading portfolio managers. The5%ers is a private fund with ownership of a forex trading account under a regulated broker. We trade on our funds capital with the support of our brilliant and skilled professional portfolio managers.
Are you a human from planet earth and over 18 years old? If your answer is yes, you are more than welcome to trade with us. The5%ers Trading Fund celebrates diversity and is open to all nationalities, with no ethnic or cultural barriers whatsoever.
Yes. The5%ers is not a broker, and our relationship with our traders is legally constructed by a service provider contract between the trader (the provider of the services) and the Fund (The contract issuer). Our business structure allows US traders to provide their services to our trading fund.
No license is required to become a portfolio manager with The5%ers. We do not handle any 3rd party funds – just our own. As a private fund, we have the freedom to hire any legal services provided for our fund.
Why is this question outwardly spelled out here? Because every few days we get an inquiry outwardly asking if we are a scam. No company will willingly admit they are a scam if they are, and denying fraudulent activity doesn’t sound credible or reliable when it’s us. In our industry the odds are pretty much against us, and we know our business happens to fall into an industry with on of the worst reputations in today’s market. Since we’re a young and growing company, there isn’t much online content discussing The5%ers, for better or worse. We also don’t expect you to automatically trust us, but rather encourage you contact us with any inquiries, concerns or questions via email, Skype voice or chat, or search the founders’ names on Google, Facebook or LinkedIn. Or give us a little time, and you’ll see our fame and fortune grow online and offline.
SPEED UP YOUR TRADING CAREER
The5%ers provides the fastest capital growth program in the forex proprietary trading industry. We require the least restrictions, with more Forex Assets to trade, allowing 24/5 continues trading overnight and over weekend position holding, No daily loss limit. Our enrollment fee is fair and self explanatory. Speed up your forex trading today – sign up for The5%ers Evaluation Programs and get qualified for a fully funded account that doubles every milestone.