FREQUENT ASKED QUESTIONS
Some very good questions we get asked over and over
In here you will find frequently asked questions and some more. We try to cover all angles about who we are, what we do and how it works. However, if you need to know furthermore, please use the contact form below.
We supply Metatrader 4 by Metaquotes. MT4 is the most popular trading platform provided by the majority of Forex brokers all over the world. Choosing MT4 was our natural platform to trade with, as we want to provide the most familiar trading environment to our traders.
Absolutely! We don’t want you to change anything when you are trading with us. Trade in with the comfort of your own MT4 trading scripts, indicators, and EA without any limitations.
Yes. Metatrader4 is available for free in the iOS and Android App Stores. There are versions for mobile phones and HD versions for Tablets.
The fund is using the services of several brokers at once. We do not disclose the names of the brokers, as this information is business confidential. It is important to understand that traders of The5%ers Trading Funds are service contractors for the fund, while the fund itself is the client of the brokers and not the trader.
We are connected seamlessly to the array of brokers through our excellent technology partners Itexsys.
The5%ers trading fund will take care of all your needs. Whether it is technical or a trading related issue, please contact our support line in skype: the5ers.support, or by email help.desk [AT] the5ers.com.
All our trading activity is being executed through our brokers by STP Market Execution. We forward to our platform an ECN-Broker-Fees-Structure, with institutional raw spread rates at zero markups, plus commission as a broker fee.
During regular market volatility, major pairs such as EURUSD, GBPUSD, USDJPY are sold between 0.4 pip to 0.9 pip. Commission rate is $9 per 1 Standard Lot.
Overnight swap fees are being collected or paid every night.
Any trading account provided to you by The5%ers Trading Fund and the capital worth of it is legally owned by the fund. The fund allocates its own capital to traders on a contractor service based agreement.
Our trading guidelines are proportionally similar for any account size, evaluation or a portfolio manager account. The fund mostly cares for risk-management, which is measured by 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 by the following logic: The P&L money difference from the highest Balance (closed positions P&L) value to the lowest Equity (closed + open positions) which comes after.
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.
Ae 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.
In short: YES, and over the weekend as well. In longer: We are the most flexible trading fund in the industry. We do it because we know traders come by all forms of styles and trading personalities. Our Moto is, do not touch a formula of success. In your relationship with the fund, you bring the grading formula, we won’t touch it because we invest our capital on it.
You never need to ask for your profits with us. The5%ers trading fund bringing the highest payment ethics in the financial industry and in Internet-based businesses in general. We pay you every month, even if it is only 10 cents we owe you. Let’s be honest, most of us hate accounting, we are no different, we like a clean desk at the end of each period.
The purpose of the evaluation phase is to observe how a trader handles various of market’s conditions and still show stable performance. We want to assure your trading is solid, robust and mature to face a full range of the market’s fierce mental challenges.
Simply keep trading the same way until you meet the other conditions to get qualified for a portfolio manager account. The good news is, that at the end of the evaluation you will have more profits to bank.
Kindly note, that you must keep trading the very same method. We offer our program to traders that show consistent and solid results.
Yes. There are humans on the other side of this website. If you are being kept away for any reason, or if you are being active in your trading and need more time, please ask for a time extension, possibly you will get more time. Otherwise, the account will be terminated after 6 months.
There is no question that a trader should be tested before we will invest our best capital on his/her trading.
And we can tell you forever that we evaluate traders on real money accounts only, and that we let your fee to be the maximum loss possible (which we believe is only fair for that stage). And we can whine about how much efforts of men hours, facilities and systems are involved.
But the bare truth is we are simply looking for traders who live by this understatement, and who can put their money where their mouth is, as being a confident profitable who will harvest the full potential with us.
- 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 The Fund
The5ers.com is a website legally owned by The Five Percenters LLP, incorporated in the United Kingdom, Incorporation No. OC418408.
No. There is no regulation class to what we do. The5ers is not a financial institute, we do not provide any financial services including to our traders. The5ers is a privet fund, who own a forex trading account with a regulated broker and trade it with the help of the brilliant skilfull professional portfolio managers.
Are you a human from planet earth over 18 years old? If your answer is yes, you are very welcome to trade with us. The5%ers Trading Fund is open for all nationalities with no 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). US by this business structure US traders are allowed to provide their services to our trading fund.
No license is required. We do not handle any 3rd party funds but our own. As a private fund, we have the freedom to hire anyone’s services to conduct any legal task for the firm behalf.
This question is here because every few days we get someone asking this in our face. You don’t expect we will admit that we are a scam, and denying The5ers is a fraud will be un-reliable said by us.
Yes, all odds are against our claims. We set a business in the worst reputational industry, we are a very young company and there are not much google pages talking about us (good or bad).
We don’t want you to trust us either. We urge you to contact us with any worries or questions that you have. You can do that on email, skype voice or chat, search the founders’ names in Google, Facebook, and LinkedIn. Or you can just wait for a while until we will be more famous.
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.