The5ers presents the first low entry cost challenge, where you can prove your trading skills, and pay the rest only once you’ve passed
Yes, it is a low-priced program, but it is not for everyone: it is designed to test the consistency and discipline of skilled traders.
Traders that want to apply for a trading seat with us will need to complete 3 challenge phases on a demo account.
The challenges aim to look for consistency and profitability.
Once the 3 challenge phases have been completed, the trader will start trading on a live funded account and be applicable for a profit split.
|Starting Balance||Maximum Loss (5%)||Profit Target (6%)||Bonus|
|Challenge 1||$25K||$1,250||$1,500||$5 Hub Credit|
Trade 6 Figures Fully Funded Live Trading Account
Traders that have started $100K Bootcamp, will get a 75/25 payout ratio from the second stage up until $2M before it is increased.
Traders that have started at $250K Bootcamp, will get a 75/25 payout ratio from the second stage up until $2M before it is increased.
|Account Balance||Maximum Loss (4%)||Profit Target (5%)||Payout Ratio|
* Traders who started at $100K continue at a 75/25 ratio on this level.5
In the bootcamp program, you will be able to trade the FX Majors, FX Cross-majors pairs, Gold, Silver, and indices (SP500, UK100, NAS100, DAX40, US30, JPN225)
Specifications can be seen here:
This program is intended for every trader that can show consistent profitability on a demo trading account. Our strict challenge will reward the successful traders with the most powerful funded trading program available today.
It will require consistency, patience, proper risk management, seriousness, exceptional trading skills, and discipline.
The daily pause is a loss protection that helps traders avoid significant losses.
When an account hits the daily pause level, all open trades get closed, and the account remains disabled until the next trading day. (00:00 MT5 Server Time.)
We care about risk.
Opening a position without a StopLoss order, or risking more than 2% of the account balance in a single position, will be considered a risk violation.
Traders have 3 minutes to cover their trade with a stop loss, If no stop is added by the 3 minute window the trade will be flagged
Any account with 5 violations will be automatically terminated.
Absolutely! The small initial fee is to first show us you’re serious enough to put time and effort into our challenging evaluation program. Pay the rest once you’ve passed all 3 challenges and proven you’re ready to start trading a live account.
If you want to start trading on a live account, you’ll have to pay the rest of the registration fee. We will cover all risks related to the trading activity, but we want traders to pay a token of seriousness, and to help cover technical costs involved in delivering this program.
We use the MT5 platform from MetaQuotes. MT5 offers many more advantages over MT4, and is much more beneficial for your trading results.
You can learn more about the MT5 in this video.
You can use any EA you have in your trading account, as long as the EA sets a SL order in each position, and does 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.
The SL order has to be visible in the trading platform, so you cannot use a ‘stealth mode’ SL.
Trading will be disabled for EAs from 23:00 to 01:00 GMT+3.
You can hold up to 3 Bootcamp Challenge accounts simultaneously, one $250K account and two $100K accounts.
However, you can not manage the 3 accounts the same way or copy trades from one account to another.
You can use the accounts to trade different strategies on them.
Yes! You will get access to our community trading ideas page, the trading room, and exclusive webinars.
In the Bootcamp program, the leverage is set to 1:10.
Each asset group has a different margin requirement affecting the leverage as follows:
Forex pairs- 1:10
07:00 – 17:00 GMT
07:00 – 12:00 GMT
UK: +44 (20) 8068 0793
US: +1 (929) 955 5595
14 Haroshet st, Raanaa, Israel
Enstar House, 168, Praed Street,
London, United Kingdom, W2 1RH