The5ers Review: Forex Prop Firm

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โš ๏ธ Affiliate Disclosure: CoinCodeCap may earn a commission through links on this page. Read our full disclosure. Risk Disclaimer: Prop trading involves simulated capital. Challenge fees are non-refundable if you fail. Past payout figures don’t guarantee your results.

๐Ÿ“‹ How We Review Prop Firms: CoinCodeCap evaluates prop trading firms across five weighted criteria: Payout Reliability (35%), Evaluation Fairness (25%), Pricing Value (20%), Platform & Tools (10%), and Support & Transparency (10%). We research payout histories, Trustpilot reviews, community feedback, and official rule documentation before scoring. All facts are verified against primary sources at time of publication.

The5ers has operated since 2016 โ€” making it one of the oldest continuously running prop firms in the world. That longevity shows in its numbers: $43M+ paid to traders, 4.8/5 Trustpilot from 19,000+ reviews, named Best Prop Trading Firm for 2025 by FXEmpire. In 2026, The5ers added cTrader to its platform lineup, re-entered the US market, and launched futures prop offerings worldwide.

โšก TL;DR โ€” The5ers
The5ers is a Forex-first prop firm founded 2016 in Israel with nearly a decade of track record. Three programs โ€” Instant Funding, Bootcamp, High Stakes โ€” with entry from $39. Scale to $4M, profit split up to 100%.

  • ๐Ÿ“… Founded: 2016, Raanana, Israel โ€” CEO: Saul Lokier
  • ๐Ÿ’ฐ Entry Fee: From $39 (High Stakes $5K account)
  • ๐Ÿ“Š Markets: Forex, metals, indices, 3,000+ stocks, crypto โ€” MT5 + cTrader
  • ๐Ÿ’ธ Profit Split: 80% starting, scales to 100% for top performers
  • ๐Ÿ“ˆ Scaling Cap: $4,000,000 โ€” matches FundedNext, beats FTMO ($2M)
  • ๐Ÿ† Trustpilot: 4.8/5 โ€” 19,000+ reviews ยท $43M+ paid to traders
  • ๐Ÿ†• 2026 News: cTrader added ยท US re-entry ยท Futures prop launched globally
  • โœ… Best For: Forex traders who value long track record and patient scaling to $4M

The5ers at a Glance

๐Ÿ“Š FeatureDetails
โญ CoinCodeCap Rating4.6 / 5
Founded2016, Raanana, Israel โ€” CEO: Saul Lokier
Best ForForex traders who value track record, low entry cost, $4M scaling
MarketsForex, metals, indices, 3,000+ stocks, crypto
Entry FeeFrom $39 (High Stakes $5K) ยท $495 (100K Bootcamp)
ProgramsInstant Funding ยท Bootcamp ยท High Stakes
Profit Split80% starting โ†’ 100% for top performers
Scaling Cap$4,000,000
LeverageUp to 1:100
PlatformsMetaTrader 5 ยท cTrader (added 2025)
CommissionsNone โ€” spread only
First Payout14 days after funding ยท then every 2 weeks
Max Accounts3 simultaneous accounts
Trustpilot4.8 / 5 โ€” 19,000+ reviews
Total Paid Out$43M+ to funded traders
2026 UpdatescTrader launched ยท US re-entry ยท Futures prop live worldwide
๐Ÿ‘‰ Start The5ers โ€” From $39 โ†’

โšก Bottom Line (Up Top): The5ers’ combination of near-decade track record, 4.8/5 Trustpilot from 19,000+ reviews, $4M scaling cap, and 100% profit split ceiling makes it one of the strongest long-term prop firm options in 2026. The $39 entry price for the High Stakes program removes the barrier to testing the platform. The addition of cTrader, US re-entry, and futures prop offerings in 2025โ€“2026 show genuine product momentum. Main drawback: $43M+ in total payouts is strong but much smaller than FTMO ($500M+) and Apex ($750M+), reflecting its Forex-focused, slower-scaling model.

What Is The5ers?

The5ers (also known as “The 5%ers” or “The Five Percenters”) is a proprietary trading firm headquartered in Raanana, Israel, founded in 2016 by CEO Saul Lokier. The name refers to the elite 5% of traders who consistently profit โ€” the profile the firm targets. Unlike firms built on evaluation-fee volume, The5ers operates three distinct programs designed for different trader profiles, with a shared philosophy of long-term, disciplined growth over quick-funding promises.

The firm re-entered the US market in late 2025 via cTrader after the MetaQuotes crackdown cut off MetaTrader access for prop firms there. In early 2026, The5ers launched futures prop offerings worldwide โ€” a significant expansion beyond its Forex-first roots. FXEmpire named it Best Prop Trading Firm for 2025.

The Three Programs

ProgramEntry FeeFunding SpeedProfit SplitBest For
High StakesFrom $39 ($5K account)Fast โ€” minimal evaluation50% โ†’ scales upTesting the platform; low-risk entry
Instant FundingVaries by sizeImmediate โ€” no evaluationStarts at 80%Confident traders who want to skip challenges
BootcampFrom $95 (stage 1 refunded)2-Phase evaluation80% โ†’ 100%Experienced traders targeting highest splits and $4M scaling

The Bootcamp is The5ers’ flagship program and offers the clearest path to the $4M scaling cap and 100% profit split. It uses a 2-phase evaluation (8% target in Phase 1, 5% in Phase 2 for the 100K account) with mandatory stop-losses and a 2% max risk per trade. Stage rewards apply โ€” for example, a $95 credit for passing Phase 1 of the 100K Bootcamp. The Instant Funding program skips evaluation entirely, making it unique among major prop firms at this price point.

โšก Expert Tip: Start with the High Stakes $5K account at $39 to learn The5ers’ rules and platform before committing to the $495 Bootcamp challenge. The rules and risk parameters are stricter than most competitors โ€” the mandatory stop-loss and 2% risk cap catch traders off guard who are coming from more lenient firms.

Key Trading Rules

RuleThe5ers Policyvs. Competitors
Stop-Loss RequirementMandatory on every trade (Bootcamp)Most firms: recommended but not enforced
Max Risk Per Trade2% of account balance (Bootcamp)FTMO: 0.5โ€“1% (2025 rule) ยท Apex: flexible
Daily Loss Limit5% of balanceStandard across most firms
Total Drawdown10% of balanceStandard across most firms
Max Accounts3 simultaneousApex: 20 ยท FTMO: not specified
Inactive AccountClosed after 21 days of no tradingMost firms: 30โ€“90 days
News Tradingโœ… AllowedFTMO: restricted
EA / Botsโœ… Allowed (MT5 + cTrader)Standard across major firms

Profit Split and Scaling

The5ers’ scaling path is one of the most generous in the industry: profit splits start at 80% and can reach 100% for top performers in the Bootcamp program. The $4M scaling cap matches FundedNext and doubles FTMO’s $2M ceiling. Large managed accounts at $350K+ qualify for fixed monthly payouts ($4,000/month at $350K), which suits traders who want predictable income rather than performance-variable payouts.

First payout is available 14 days after receiving funding, then every two weeks. The5ers uses Hub Credits โ€” a loyalty system that lets traders redeem credits for additional challenges, perks, or account benefits โ€” rewarding long-term engagement with the platform.

2026 Platform Updates

The5ers added cTrader in 2025 โ€” a significant upgrade that gives traders access to one of the most advanced retail trading platforms available, with full DMA execution, algorithmic trading via cBots, and a cleaner charting environment than MT5. cTrader also enabled The5ers’ US re-entry in late 2025 after MetaTrader’s restriction forced the firm out of that market. In early 2026, The5ers launched futures prop offerings worldwide, expanding beyond its Forex-first identity.

How We Rate The5ers

CriteriaWeightScoreNotes
Payout Reliability35%4.5 / 5$43M+ paid, 4.8/5 Trustpilot, 19,000+ reviews. Biweekly payouts are slower than Apex/FundedNext.
Evaluation Fairness25%4.0 / 5Instant Funding skips evaluation entirely. Bootcamp mandatory stop-loss + 2% risk cap is stricter than most.
Pricing Value20%4.5 / 5$39 entry is industry-leading low. Stage rewards offset Bootcamp fees. No commissions โ€” spread only.
Platform & Tools10%4.5 / 5MT5 + cTrader covers both major retail platforms. Free education program. Hub Credits loyalty system.
Support & Transparency10%4.5 / 5Nearly 10 years of operation, transparent rules, active community. Israel-based โ€” not regulated by FCA/CFTC.
Overall: 4.6 / 5

Pros and Cons

โœ… ProsโŒ Cons
  • Entry from $39 โ€” lowest in the major firm category
  • $43M+ paid to traders since 2016
  • 4.8/5 Trustpilot โ€” 19,000+ reviews
  • Scale to $4M โ€” matches FundedNext, beats FTMO
  • Up to 100% profit split for top performers
  • Instant Funding program โ€” no evaluation required
  • MT5 + cTrader โ€” both major retail platforms
  • No trading commissions โ€” spread only
  • News trading and EA trading allowed
  • Hub Credits loyalty program
  • Named Best Prop Firm 2025 by FXEmpire
  • Futures prop now available (2026)
  • $43M+ total payout much smaller than FTMO ($500M+) and Apex ($750M+)
  • Mandatory stop-loss + 2% risk cap in Bootcamp โ€” stricter than most
  • Max 3 simultaneous accounts (Apex allows 20)
  • Accounts inactive 21 days auto-closed โ€” short window
  • Biweekly payouts โ€” slower than Apex (24โ€“48 hrs) and FundedNext (5 days)
  • Israel-based โ€” not regulated by FCA, CFTC, or CySEC
  • Futures prop is new (2026) โ€” limited track record in this product

The5ers vs FTMO vs FundedNext vs Apex

FeatureThe5ersFTMOFundedNextApex (4.0)
Founded2016201520222021
Entry FeeFrom $39From $183From ~$99One-time (varies)
MarketsForex, stocks, metals, crypto, futuresForex, indices, metalsForex, indices, cryptoFutures only
Max Profit Split100%90%95%100% first $25K
Scaling Cap$4,000,000$2,000,000$4,000,000$150K per account
Payout SpeedBiweeklyBiweekly24 hrs (guaranteed)24โ€“48 hrs (Deel)
Instant Fundingโœ… AvailableโŒโœ… Stellar InstantโŒ
Total Paid Out$43M+$500M+$261M+$750M+
Trustpilot4.8 / 54.8 / 54.6 / 54.4 / 5
Mandatory Stop-Lossโœ… BootcampโŒโŒโœ… Bracket orders

Who Should Use The5ers?

The5ers suits you if: You want the lowest entry price in the major prop firm category ($39 for High Stakes). You prefer Forex, stocks, and metals over futures-only platforms. You want to scale to $4M with a path to 100% profit split. You value nearly a decade of track record and 19,000+ Trustpilot reviews. You need Instant Funding with no evaluation phase.

Look elsewhere if: You need the fastest payouts โ€” FundedNext pays in 24 hours with a $1,000 guarantee, The5ers pays biweekly. You trade futures only and want a dedicated futures firm (use Apex or Topstep). You run multiple accounts simultaneously โ€” The5ers caps at 3, Apex allows 20. You want the highest total payout track record (FTMO: $500M+, Apex: $750M+).

โšก Bottom Line: The5ers earns its place in 2026 through longevity, trust, and the lowest entry price among major prop firms. The $43M+ payout track record, 4.8/5 Trustpilot from 19,000+ reviews, $4M scaling cap, and 100% profit ceiling are all genuine strengths. The mandatory stop-loss and 2% risk cap in Bootcamp are stricter than most competitors โ€” a feature, not a bug, for disciplined traders. For Forex-focused traders who want a credible, well-established firm with low entry costs and patient long-term scaling, The5ers remains one of the best choices available.

๐Ÿ“ Reviewed by the CoinCodeCap Editorial Team โ€” Our prop firm reviews are researched and written by analysts with direct experience evaluating funded trading programs, payout structures, and challenge rule sets across 20+ firms. All scores and comparisons are updated quarterly or when firms announce material changes.

FAQs

Is The5ers legit?

Yes. The5ers has operated since 2016, paid $43M+ to traders, and holds a 4.8/5 Trustpilot rating from 19,000+ verified reviews. FXEmpire named it Best Prop Trading Firm for 2025. It is Israel-based and not regulated by FCA or CFTC, but its 9-year track record and community reputation are strong indicators of legitimacy.

What are The5ers three programs?

High Stakes (from $39 โ€” fast path to small funded account), Instant Funding (immediate capital, no evaluation), and Bootcamp (2-phase evaluation, mandatory stop-losses, 2% risk cap, path to $4M and 100% profit split). Each suits a different trader profile โ€” start with High Stakes to test the platform at minimum cost.

What is The5ers profit split?

Profit splits start at 80% and scale to 100% for top Bootcamp performers. Large managed accounts ($350K+) qualify for fixed monthly payouts โ€” $4,000/month at $350K. The scaling plan runs up to $4M in allocated capital, matching FundedNext and doubling FTMO’s $2M cap.

Does The5ers accept US traders?

Yes โ€” The5ers re-entered the US market in late 2025 via the cTrader platform after the MetaQuotes restriction forced prop firms off MetaTrader in the US. The futures prop offering launched in 2026 is also available worldwide including the US.

How fast does The5ers pay out?

First payout is available 14 days after receiving funding, then every two weeks. This is biweekly โ€” slower than Apex (24โ€“48 hours via Deel) and FundedNext (5 days for Stellar Instant), but in line with FTMO’s schedule.

Related articles: FTMO Review | FundedNext Review | Apex Trader Funding Review | Topstep Review

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Riya Arora
Riya Arora

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