Frequently Asked Questions

Our Trading Environment

We use the MetaTrader 5 Platform (MT5), designed by MetaQuotes. MT5 is the most advanced platform for forex brokers and traders worldwide.

Metatrader5 Offers many advantages when comparing to the legendary Metatrader 4:

MT4 and MT5 comparison

MT4 is an older platform and doesn’t align with the standards we are willing to provide to our traders.

It was a natural decision to provide the MT5 platform because our goal is to ensure a smooth development and trading experience by offering traders the most familiar trading platform.

 

 

Absolutely.  Trade using your tools and techniques, from trading scripts to indicators and EA as long as they do 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.

Trading will be disabled for EAs from 23:00 to 01:00 GMT+3.

Yes. The MetaTrader 5 app is free and can be downloaded on the Google Play and Apple stores. Versions are available for HD apps on tablets.

The5ers trades directly through commercial liquidity providers. We do not trade with common retail broker brands. We operate differently and our trading conditions have different requirements. Confidentiality is very important to us and we take as many precautions as possible to keep our supplier’s identity confidential.

When you trade with us, either as a portfolio manager or during your evaluation period, you are assigned a portion of our own capital and are able to trade on The5ers Fund’s behalf (directly from our trading-pool-account). To meet most of our traders’ expectations, The5ers provide the MetaTrader 5 trading platform, which is supplied by a third party technology integrator and provides superb market execution through sophisticated proprietary technology.

The 5%ers trading activities are all executed through our brokers, via the STP Market Execution. We have incorporated an ECN-Broker-Fees-Structure into our platform.The spread and commission are shown separately – the commission is $4 per lot round trip, which is 0.4 pips.

The spread for EUR/USD is about 0.1  to 0.5 pips.

The spread is variable, not fixed. During the night hours, when the volatility is relatively low, the spreads can get wide, especially during the rollover time (New-York midnight).

We attend to all of your needs with our best customer service. We believe that every trader is entitled to full support and assistance, whether it is technology inquiries, small or important concerns or trading related queries. Please contact our support line. For accelerate the treatment process, please make sure to include relevant information as possible, such as: full description of the case,  Your name, Program and program level, Account Number, Ticket Numbers, Screenshots and Terminal log files.

Send the information on Email: help.desk@the5ers.com.

For urgent matters, please include the phrase [URGENT] in the email subject line.

At office hours, you may contact us via On-Site-Chat service, and Telephone.

 

All of our trading activities are implemented through our brokers via STP Market Execution. We forward an ECN-Structure to our platform, with institutional raw spread rates at zero markups, plus commission.

During periods of standard market fluctuations, major currency pairs like EUR/USD, GBP/USD, USD/JPY sell from 0.2 pips to 0.9 pips, and the commission rate set at $4 per Standard Lot, round trip. Overnight swap fees are collected and/or paid nightly.

Every trading account and its capital value are legally owned by The 5%ers’ Funded Trading Program. We allocate our own capital to traders on a contractor-based agreement.

About The 5%ers' Fund

The5ers.com is a website legally owned by FIVE PERCENT ONLINE LTD, incorporated in the State of Israel
Company Number 515864007 and FIVE PERCENT ONLINE LTD, incorporated in the UK Company number 12553363

We welcome traders to visit us in The Holy Land.

The 5%ers is a private fund holding ownership of a Forex Trading account under a regulated broker. However, there is no regulation clause to what we do, because we are not a financial institute and do not provide any financial services. We trade using our fund’s capital, with the support of our competent funded traders.

Over 18 years old? If you are, then what are you waiting for? Apply now. We celebrate diversity and are open to all nationalities, with no ethnic or cultural barriers whatsoever.

Yes. we are not brokers. Our relationships with our traders are legally bound by a service provider contract between the trader (the provider of the services) and the fund (The contract issuer). Our business structure allows United States traders to provide their services to our trading fund.

No license is required to become a funded trader. We do not handle any 3rd party funds. As a private fund, we have the freedom to hire any legal service providers for our fund.

At the level 1 stage, a payout request cannot be fulfilled. Payout payments can only be processed once the trader passes onto level 2.
Once you pass level 1, you’ll get the new funded account and 50% of the profit from level 1 in credit.
You will have the possibility to withdraw your profits on a biweekly basis from several payment methods offered by our partner: Deel. Methods of payment include PayPal, Payoneer, Coinbase, Revolut, Wire Transfer, and more.
The profit payout will reset the account back to the initial balance but it won’t affect the milestone target X2, which means that the payout still counts toward the milestone target.
You can choose to keep the profit in the account which would increase the maximum drawdown amount.
Example: Your milestone target is 10%. You withdraw 6%. You will only need another 4% to double your account.

Instant Funding Programs

Low Risk Aggressive
Level 1 Objective 6% 12%
Level 1 Time Limit 6 Months 2 Months
Stopout Level 6% 6%
Leverage 1:10 1:30
Profit Share 50% 50%
Growth for Level 1 X4 X4
Growth from Level 2 X2 every 10% up to $4M X2 every 25% up to $4M

 

As for October 2020, drawdown is no longer being part of the The5ers program’s objectives – instead, we apply a stop-out bar to our trading accounts.  However, it is important for every trader to be familiar with the definition of drawdown, as it reflects the potential risk of a trading strategy.

The equity stop-out level (aka drawdown) is the lowest value of the account allowed. Once the account equity value is below this level, the fund will close all running trades, and disable trading and access. The drawdown measures as absolute drawdown and is 6% of the initial balance for all programs at all levels. No matter how much the trader profits in the account, the maximum loss (drawdown) allowance increases. The trader can always choose to keep profits in the account in order to increase the maximum drawdown amount. Any payouts requested will reduce the account balance, hence reducing the maximum drawdown.

Example: If the initial balance is $10,000 and the maximum drawdown is $600 then the account will be closed below the equity level of $9,400, Let’s say your account goes up to $10,300, the maximum drawdown is now $900.

Relative Drawdown VS Absolute Drawdown

YES, we allow overnight trading and over the weekend as well. However, it is the trader’s responsibility to mind the implications of rollover swap conditions, volatility, liquidity and spreads conditions.
We design our program to offer the most flexible trading fund in the forex industry, being open minded for diverse trading styles and personalities.

We abide by the highest code of ethics concerning traders’ payments. From level 2, every funded trader can withdraw their profit-share on a bi-weekly basis, with a minimum of $150 to be paid. Just use the “Profit Payout” button on your trader’s dashboard.

There are no minimum trades or trading days requirements for completing Level 1.
Complete Level 1 immediately when reaching the profit target. No need to wait anymore to grow your account faster.

There is a maximum time duration for level 1 of the program. Within this duration, we expect the trader to complete all trading objectives and goals. However, we allow some flexibility for traders who are ending the official time with positive outcome, and that need the extra push for crossing the target line.

A trader on a Risk Management Program, who had not reached all the trading goals of level one, but have 2.5% net profit or greater, may request for a 30 days extension.  Extension will be given upon email or chat request only, and maximum twice.

For the aggressive programs we handle with a slightly different approach. Instead of giving time extension, we give a free re-start for ending with positive P&L and not making the profit target.

With any program you are, the time expiration is not written in stone rule. If you are good, and need the extra agility, you can be assure to get it from us.

 

The level 1 period is critical for both the traders and The 5%ers since our capital funding team invests much time and effort into the traders and their careers. We are committed to ensuring that traders will be evaluated by using real, live accounts. This fee will be your maximum payment. We are seeking traders who are responsible, patient, and firm risk managers, who have the ability to earn themselves substantial amounts of profit, which means that you could make up for that fee in your winnings.

  • A fully funded trading account (not a demo account)
  • Profit share payout
  • Trading losses waiver
  • Trading resources
  • Dedicated support
  • Advanced Dashboard
  • Unlimited access to The5ers live trading room

For the low risk programs the leverage is 1:10 and for the aggressive programs the leverage is 1:30. See the video below for further information:

You can register for up to 3 different programs, which allows traders to get more funds to trade, up to $3.84 million. You cannot merge the different accounts.

$100K Bootcamp Program

The first low entry cost challenge, where you can prove your trading skills, and pay the rest only once you’ve passed.

For all FAQS click here

Freestyle Program

A funding program unlike any other. No more pressure by a time limit or profit target to be achieved. Simply trade your strategy over 100 positions, end them in profit and receive funding or restart according to your performance and consistency level.
For all Faqs click here 

SPEED UP YOUR TRADING CAREER

The 5%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 continuous trading overnight and over weekend position holding, No daily loss limits. Our enrollment fee is fair and self-explanatory. Speed up your forex trading today and sign up for The 5%ers’ Programs to receive a fully funded account that doubles at each milestone.

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