The5ers

The5ers is a proprietary trading firm based in Raanana, Israel, founded in 2016 by Saul Lokier and Gil Ben Hur under Five Percent Online Ltd. The model is straightforward: you pass an evaluation, you get access to firm capital, the firm splits profits with you.

What makes it different at the infrastructure level is that The5ers routes orders through institutional liquidity rather than running evaluations purely on simulated demo accounts. Real spreads, real commissions, real execution behavior. For traders who have dealt with demo-only firms where fills feel nothing like live conditions, that distinction matters in practice.

In 2026 the group expanded into two adjacent areas. First, a dedicated Futures prop offering under The5ers Futures brand, targeting US traders and anyone who prefers CME-listed futures contracts over CFDs. Second, a CySEC-regulated brokerage arm called TSG Brokers operating from Nicosia, Cyprus — giving the group a regulated entity that most pure-play prop firms lack entirely.

The5ers also backs Trade The Pool (US equities prop) and Trade Set Go (the regulated broker). The group has moved toward a multi-asset funded trading ecosystem rather than a single challenge product.

The5ers runs three distinct CFD evaluation paths. Leverage, drawdown logic, and news rules differ between them — picking the wrong one for your strategy is a real mistake.

1. High Stakes — 2-Step Challenge

Phase 1 target is 8%, Phase 2 is 5%. The max drawdown is 6% trailing from peak account balance. Once you profit, your floor rises — a bad session after a strong run can put you closer to breach than you realize. Leverage goes up to 1:100 on forex, 1:15 on metals, 1:2 on crypto. Profit split starts at 80% and scales to 100%. Entry starts at $39 for a $5K account; a $100K account runs around $495.

The news trading restriction is the defining constraint here: no order execution within 2 minutes before or after a high-impact news event. This applies during both the evaluation and the funded stage. NFP, CPI, FOMC — all frozen windows. If you scalp the spike, this is not your program.

2. Hyper Growth — Instant Funding

No evaluation. Pay the fee, get a live-funded account immediately. The drawdown is 6% static from your opening balance — it does not trail, so your threshold never moves against you as you profit. Leverage is capped at 1:30 on forex, 1:10 on metals, 1:0.6 on crypto. News trading fully allowed. This is the right choice for traders with a proven track record who want to skip evaluation friction. For a broader comparison of best instant funding prop firms, that page covers alternatives side by side.

3. Bootcamp — Low Cost, Long Road

A 3-step process with entry starting as low as $95. Leverage is fixed at 1:10 across all assets — the most restrictive of the three programs. Max drawdown is a strict 5% trailing. A stop-loss is required on every single trade, no exceptions. Profit split starts at 50% and scales to 100%. Internal copy trading between your own accounts is not allowed on Bootcamp. If you run multiple accounts and copy internally, use High Stakes or Hyper Growth instead.

The5ers launched its futures offering in February 2026, initially in beta, now fully open globally — including US-based traders who cannot access the CFD programs due to CFTC restrictions on retail OTC CFD products. This is a direct play for the US market and puts The5ers in competition with Topstep and Apex on their home turf.

The futures platform runs on Black Arrow, a proprietary desktop and web interface built specifically for this product. It is not NinjaTrader, not Tradovate. If you are attached to a specific charting setup, factor that in before starting. For a wider view of the futures prop landscape, our best futures prop firms page has direct comparisons. See also our futures prop trading guide for a full breakdown of how futures prop firms differ from CFD firms structurally.

Two Programs: Basecamp vs Rebate

Both are 1-step evaluations. Identical objectives: 6% profit target, 3% end-of-day max loss, 40% per-position consistency rule. The difference is purely in fee structure and commission handling.

Basecamp charges a low upfront fee ($59 for $25K) plus an activation fee once you pass. No commission rebates — you pay standard commissions throughout ($5 per side on standard contracts, $2.50 on micros). Rebate charges a higher upfront fee, no activation fee, and refunds 100% of commissions paid each trading day — evaluation and funded stage both. For high-frequency traders the rebate adds up fast. For everyone else, Basecamp is typically cheaper overall.

The High Stakes News Freeze

On High Stakes accounts, no positions can be opened or closed in the 2 minutes before or after a high-impact news event. This is enforced on evaluation and funded stages. It is not a grey area — execution is blocked. Hyper Growth and Bootcamp do not have this restriction. If your edge is news-driven, Hyper Growth is the only CFD path that keeps it intact.

Drawdown: Trailing vs Static

High Stakes and Bootcamp use trailing drawdown — your floor rises as your account grows. Hyper Growth uses static drawdown anchored to your opening balance. On a $10K Hyper Growth account with a 6% static drawdown, your breach point is always $9,400 regardless of whether you have grown to $11K. On High Stakes, that same growth to $11K moves your floor to $10,340. The prop firm drawdown rules guide has a full breakdown of how these mechanics play out across firms.

EA and Automation

EAs are permitted across all programs. Hard requirements: every position must include a stop-loss, and the EA cannot use latency arbitrage, tick scalping, reverse arbitrage, or emulators. Standard algorithmic strategies with market execution pass without issue.

Copy Trading

Internal copy trading between your own High Stakes and Hyper Growth accounts is allowed. Bootcamp accounts are excluded. External signal providers and third-party copy services are prohibited across all accounts. Futures internal copy is allowed up to a $100K total allocation cap across accounts.

Payouts

Bi-weekly processing. Minimum withdrawal is $150. Transaction fees by method: bank transfer 3%, Riseworks and crypto 2%, Hub Credits 0% (redeemable for new challenges only — not withdrawable as cash). If you pull profits frequently, crypto or Riseworks saves a meaningful amount over bank transfer compounded over time.

CFD accounts run on MetaTrader 5 and cTrader. cTrader was added in 2025 — it is the better choice for algorithmic strategies, depth-of-market access, and traders who want a more transparent execution environment. MT5 stays available for anyone already using it across other firms. For MT5-specific options across the market, our best MT5 prop firms guide covers the field. For cTrader specifically, see our best cTrader prop firms page.

Execution is market execution with raw spreads and a $4 per standard lot commission on forex. No hidden markup folded into wider spreads — the cost is predictable and auditable on every trade. The broker model is an institutional commercial liquidity provider, not a retail broker acting as counterparty. For traders who have experienced requotes or spread manipulation at broker-backed prop firms, this infrastructure difference is meaningful in live conditions.

Futures accounts run on Black Arrow exclusively — proprietary desktop and web platform. NinjaTrader and Tradovate are not currently supported.

The5ers scaling plan is documented and achievable, but it is built for patient traders — not challenge flippers. On High Stakes and Hyper Growth, scaling milestones require consistent profitability over multiple periods. There is no fast track.

At the $350K account level, The5ers introduces a fixed monthly salary structure — $4,000 per month regardless of trading results in that period, provided you remain in good standing. This is a structural incentive that almost no other prop firm offers. It functions as a floor on income at scale, which changes the risk dynamic for professional traders.

The profit split reaches 100% at certain scale points — the firm takes nothing. That endpoint is real and documented, not aspirational marketing. For a comparison of which other firms offer full splits, see our 100% profit split prop firms page.

On the Futures side, scaling caps at $500K with buying power increasing 5% at each 10% profit milestone. Separate from the CFD track — you cannot combine CFD and Futures capital under one scaling path.

Yes. The5ers has operated for 10 years with no documented instance of systemic payout failure. Its Trustpilot score sits at 4.8 across more than 26,000 verified reviews as of mid-2026, with 93% rated 5 stars. Independent payout tracking through Payout Junction confirms over $43M in verified payments via Riseworks — that figure excludes bank transfer and crypto payouts, so the real total is higher.

The company is registered in Israel (company number 515864007) with 60+ employees. Its TSG Brokers arm holds a CySEC licence in Cyprus. That does not mean prop firm challenge accounts are regulated financial products — they are not, in most jurisdictions — but it indicates an operational infrastructure well beyond a typical challenge shop. For more context on how to evaluate firm reliability, our most reliable prop firms page applies consistent criteria across the market.

The one risk area to flag: like most prop firms, The5ers reserves the right to close accounts for qualitative violations. The December 2025 "bulk trading" case on Forex Peace Army is a real example of this. The pattern across thousands of reviews is overwhelmingly positive, but traders running concentrated volume or grid-style strategies should clarify their approach with support proactively.

The5ers vs FundedNext

FundedNext offers more program variety — 1-step and 2-step CFD paths, a Stellar instant funding option, and a 15% challenge reward that pays part of your evaluation profits before you are funded. The5ers offers none of that. FundedNext's profit split caps at 95% on most accounts; The5ers reaches 100%. The5ers also offers the fixed monthly salary at $350K — FundedNext has no equivalent. If your primary criteria is long-term split and firm longevity, The5ers wins. If you want more structural flexibility or the challenge reward, FundedNext is the stronger option.

The5ers vs FTMO

FTMO has operated since 2015 and is the most recognisable brand in CFD prop trading. Its max drawdown is 10% with a 5% daily limit — meaningfully more forgiving than The5ers High Stakes at 6% trailing. FTMO's max single account size is $200K (up to $2M across accounts); The5ers scales one account to $4M. FTMO's split caps at 90%; The5ers reaches 100%. For traders who need more drawdown room to survive volatility, FTMO is the safer structure. For traders targeting maximum single-account capital and the highest long-term split, The5ers is built better for that goal.

The5ers vs E8 Markets

E8 Markets launched in 2021 with a focus on product iteration — its E8X 2.0 update introduced more flexible drawdown tracking and a cleaner fee structure. The5ers has 5 more years of operational history and verified payouts that E8 cannot match yet. E8's drawdown mechanics may suit certain strategies better. The5ers has the track record and institutional infrastructure that newer firms are still building toward. If you are weighing stability versus flexibility, that is the core axis of this decision. For traders who want the most reliable prop firms by payout history, our most reliable prop firms guide covers this in more depth.

The5ers is the right firm if you are trading long-term and want one institutional-grade firm to grow with. A 10-year payout history, real liquidity access, a documented path to $4M and 100% profit split, a fixed monthly salary at scale, and a 2026 expansion into US-eligible Futures — this is a complete package that most prop firms cannot replicate.

The tradeoffs are real. The High Stakes news freeze is a genuine blocker for news traders. The Bootcamp leverage cap is low. The bank transfer fee is above average. None of these are dealbreakers if you pick the right program for your strategy and understand the rules before you start.

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