The 5%ers
The 5%ers, launched in 2016, is a proprietary trading firm based in London, UK. They offer a unique model in the forex trading industry, providing traders with opportunities to manage significant capital up to $4,000,000. The firm is known for its innovative funding and growth program, designed to help traders achieve financial freedom.
- High Capital Opportunity: Manage account sizes up to $4,000,000.
- Flexible Profit Splits: Earn 50% to 100% profit splits based on the funding program.
- Diverse Trading Instruments: Trade forex pairs, commodities, and indices.
- Multiple Funding Programs: Instant funding, high-stakes challenge, and Bootcamp program.
- No Minimum Trading Days: Flexibility in trading without time constraints.
- MetaTrader 5 Platform: Trade using a popular and user-friendly platform.
- Newer Firm: Incorporated in April 2020, relatively new in the industry.
- Trading Strategy Restrictions: Some limitations on trading strategies and news trading.
- Commission Costs: $4 per lot round trip commission.
- Limited Cryptocurrency Options: Restricted range of cryptocurrencies for trading.
The 5%ers is an innovative and promising prop trading firm, offering a range of programs suitable for various trading strategies. Their focus on trader growth and substantial capital opportunities make them an attractive choice for serious Forex traders.
Prop Firm Rating Breakdown
Customer Support 4.5/5
The 5%ers have demonstrated strong customer support, evidenced by their high Trustpilot score of 4.8/5 from over 2,000 reviews. They are actively engaged in addressing client queries and concerns across various platforms, including social media, indicating a commitment to providing reliable and accessible support.
Challenge Difficulty 4/5
The 5%ers offer a range of programs, including instant funding accounts, high-stake challenges, and a Bootcamp program, each with its own set of challenges. These programs are designed to cater to different trader skill levels, with realistic profit targets and loss limits. The variety in program structure allows traders to choose a challenge that aligns with their trading style and experience.
Price 4.2/5
The pricing structure of The 5%ers is competitive, considering the high capital potential and profit splits offered. The firm provides various account options, catering to a range of budgets, making it accessible to a broader audience of traders. The value provided in terms of capital access and growth potential aligns well with the pricing.
Ease of Use 4.3/5
The 5%ers platform, primarily using MetaTrader 5, is user-friendly and well-suited for traders of different levels. However, the variety of programs and the specific rules associated with each may require a learning curve for new users. The firm's website and trading dashboard are designed to be intuitive, aiding traders in navigating through their trading journey.
Overall Rating 4.25/5
The 5%ers stand out as a versatile and innovative prop trading firm, offering a range of programs suitable for various trading strategies. Their focus on trader growth, substantial capital opportunities, and strong customer support make them an attractive choice for serious Forex traders. The firm's commitment to providing a fair and honest trading framework is evident in their diverse program offerings and supportive educational resources.
Funding Program Options
- Instant Funding Program: Skip evaluation and start earning with 1:30 leverage.
- High-Stake Challenge: Two-phase evaluation with up to 1:100 leverage.
- Bootcamp Program: Low-entry cost challenge with a unique scaling plan.
Trading Details
The 5%ers have garnered an impressive rating of 4.8 out of 5 from over 2,054 reviews on Trustpilot. This high rating reflects a strong level of satisfaction among their clients, with a significant majority of reviewers praising the firm's support, trading conditions, and growth opportunities. The positive feedback underscores The 5%ers' commitment to providing a supportive and effective trading environment.
