The5ers is one of the most recognized names in the proprietary trading industry, and for good reason. Founded in 2016 in Israel, it was among the very first firms to offer remote traders access to real funded capital — long before the prop firm boom of 2021-2023. A decade later, The5ers remains a dominant force, offering three distinct programs (Bootcamp, Hyper Growth, and High Stakes), scaling up to $4 million, and maintaining one of the highest Trustpilot ratings in the industry. In this comprehensive The5ers review, we break down every program, every rule, and every fee so you can decide if this veteran firm deserves your money and your trust.
For the full breakdown with live pricing and discount codes, visit the detailed The5ers profile on PropFirmKey.
What Is The5ers?
The5ers (also written as "The 5%ers") is a proprietary trading firm headquartered in Israel. It was founded in 2016 by Gil Ben Hur and Snir Achiel, making it one of the oldest prop firms still operating today. The name references the idea that only 5% of traders are consistently profitable — and The5ers wants to fund that elite group.
Unlike many newer firms that only appeared during the 2021-2023 prop firm wave, The5ers has nearly a decade of track record, thousands of funded traders, and a transparent operational history. The firm offers funded accounts through three programs — Bootcamp, Hyper Growth, and High Stakes — each designed for a different type of trader. Accounts can scale all the way to $4,000,000, which is among the highest caps in the industry.
Key facts at a glance:
- Founded: 2016
- Headquarters: Raanana, Israel
- Programs: Bootcamp, Hyper Growth, High Stakes
- Max Scaling: $4,000,000
- Platform: MetaTrader 5 (MT5)
- Instruments: Forex, Indices, Metals, Commodities, Crypto
- Trustpilot: 4.8/5 (21,000+ reviews)
The5ers is not a fly-by-night operation. It has survived multiple industry shake-ups, adapted its programs over the years, and consistently pays out traders. That longevity alone sets it apart from hundreds of competitors. You can explore The5ers alongside other top firms at PropFirmKey.
The5ers Programs Explained
The5ers offers three programs, each targeting a specific trader profile. Here is how each one works, including sizes, fees, targets, and rules.
Bootcamp ($100K - $250K)
The Bootcamp is The5ers' most affordable entry point. It is a 3-phase demo evaluation designed for developing traders who want to prove their skills at minimal cost before accessing real funded capital.
| Feature | $100K Account | $250K Account |
|---|---|---|
| Entry Fee | $95 | ~$225 |
| Fee After Passing | $205 | ~$350 |
| Total Cost | $300 | ~$575 |
| Evaluation Phases | 3 phases (demo) | 3 phases (demo) |
| Profit Target (Eval) | 6% per phase | 6% per phase |
| Profit Target (Funded) | 5% | 5% |
| Max Drawdown | 4% (funded) | 4% (funded) |
| Max Risk Per Trade | 2% SL required | 2% SL required |
| Leverage | 1:30 | 1:30 |
| Time Limit | Unlimited | Unlimited |
| Profit Split | 50% to 90% | 50% to 90% |
The Bootcamp is ideal for traders who are still building consistency. The $95 entry is extremely low-risk, and you only pay the remainder once you have proven you can pass all three phases. A stop-loss is mandatory on every position, and any account with 5 SL violations is terminated. The profit split starts at 50% and increases to 90% as you scale through the funded levels.
Hyper Growth ($5K - $20K)
The Hyper Growth program is The5ers' one-step evaluation designed for experienced traders who want to trade live from day one. It has the highest success rate of any program The5ers offers, and the scaling is aggressive — your account doubles every time you hit a 10% profit target.
| Feature | $5K | $10K | $20K |
|---|---|---|---|
| Price | $260 | $450 | $850 |
| Evaluation | 1 phase (live) | 1 phase (live) | 1 phase (live) |
| Profit Target | 10% | 10% | 10% |
| Max Drawdown | 6% | 6% | 6% |
| Daily Pause | 3% | 3% | 3% |
| Leverage | 1:30 | 1:30 | 1:30 |
| Time Limit | Unlimited | Unlimited | Unlimited |
| Profit Split | Up to 100% | Up to 100% | Up to 100% |
| Max Capital | $40K combined | $40K combined | $40K combined |
The maximum starting capital per trader is $40,000 across all Hyper Growth accounts combined (for example, 1x $20K + 1x $10K + 2x $5K). The account doubling mechanic makes this the fastest path to significant capital if you can consistently hit 10% milestones. Assets include Forex, Metals, Indices, and Crypto, all on MT5.
High Stakes ($5K - $100K)
The High Stakes program is The5ers' two-step evaluation, built for aggressive traders who want higher leverage, larger drawdown allowances, and the fastest route to a high profit split. It offers up to 1:100 leverage on smaller accounts and an 80% starting profit split that scales to 100%.
| Feature | $5K | $20K | $60K | $100K |
|---|---|---|---|---|
| Price | ~$39 | ~$165 | ~$300 | ~$495 |
| Phases | 2 | 2 | 2 | 2 |
| Phase 1 Target | 8% | 8% | 8% | 8% |
| Phase 2 Target | 5% | 5% | 5% | 5% |
| Daily Drawdown | 5% | 5% | 5% | 5% |
| Max Drawdown | 10% | 10% | 10% | 10% |
| Min Trading Days | 3 profitable | 3 profitable | 3 profitable | 3 profitable |
| Leverage | Up to 1:100 | Up to 1:100 | Up to 1:10 | Up to 1:10 |
| Time Limit | Unlimited | Unlimited | Unlimited | Unlimited |
| Profit Split | 80% to 100% | 80% to 100% | 80% to 100% | 80% to 100% |
The High Stakes program features a 10% absolute max drawdown measured from the initial balance, plus a 5% daily drawdown based on the previous day's closing equity or balance (whichever is higher). Note that leverage is reduced on larger funded accounts: 1:15 for $5K-$50K funded, 1:10 for $50K+ funded, and 1:5 specifically on Oil, Metals, and Indices for 50K/100K funded accounts.
Program Comparison Table
| Feature | Bootcamp | Hyper Growth | High Stakes |
|---|---|---|---|
| Starting From | $95 | $260 | $39 |
| Account Sizes | $100K - $250K | $5K - $20K | $5K - $100K |
| Evaluation Steps | 3 phases (demo) | 1 phase (live) | 2 phases (demo) |
| Profit Target | 6% (eval) / 5% (funded) | 10% | 8% / 5% |
| Max Drawdown | 4% (funded) | 6% | 10% |
| Daily Drawdown | N/A | 3% pause | 5% |
| Leverage | 1:30 | 1:30 | Up to 1:100 |
| Profit Split | 50-90% | Up to 100% | 80-100% |
| Scaling | +5% per target | Double per 10% | +10% per milestone |
| Best For | Developing traders | Experienced scalers | Aggressive traders |
The5ers Trading Rules
Understanding the rules is critical before committing your money. Here is a detailed breakdown of every major rule across all three programs.
Drawdown Rules by Program
- Bootcamp: 4% maximum drawdown on funded accounts. A mandatory stop-loss on every trade ensures no single position risks more than 2% of account balance. Five SL violations result in account termination.
- Hyper Growth: 6% maximum drawdown from the initial account balance (absolute drawdown). A 3% daily pause triggers if you lose 3% in a single day, halting trading until the next day.
- High Stakes: 10% maximum drawdown from initial balance, plus a 5% daily drawdown limit calculated from the previous day's closing equity or balance. This is the most generous drawdown in The5ers' lineup.
Profit Targets
- Bootcamp: 6% during evaluation phases, reduced to 5% on funded accounts.
- Hyper Growth: 10% on both evaluation and funded stages. The target remains constant as your account doubles.
- High Stakes: 8% in Phase 1, 5% in Phase 2. Post-funding targets depend on the scaling milestone.
Leverage
- Bootcamp: 1:30 across all account sizes.
- Hyper Growth: 1:30 across all account sizes.
- High Stakes: Up to 1:100 on smaller evaluation accounts. Reduced to 1:15 (funded $5K-$50K), 1:10 (funded $50K+), and 1:5 on volatile instruments for larger accounts.
Allowed Instruments (Forex, Indices, Commodities, Stocks)
All three programs provide access to Forex pairs, Indices, Metals, and Commodities on MetaTrader 5. The Hyper Growth program also includes Crypto. The5ers does not currently offer individual stocks, but the range of instruments is sufficient for most trading strategies.
Trading Style Freedom
The5ers is notably flexible compared to many competitors. News trading is allowed, there are no restrictions on holding trades over the weekend (except program-specific guidelines), and both scalping and swing trading are permitted. There are no minimum or maximum trade duration requirements. EAs (Expert Advisors) are allowed with prior approval from the compliance team.
Time Limits
All three programs — Bootcamp, Hyper Growth, and High Stakes — offer unlimited time to complete the evaluation. This is a significant advantage over firms like FTMO, which impose 30-day or 60-day limits. You can take your time, trade at your own pace, and never worry about a clock running out.
The5ers Scaling Plan (Up to $4M)
The scaling mechanics differ by program, but all three can theoretically reach $4,000,000 in funded capital:
- Hyper Growth: The most aggressive scaling. Your account balance doubles every time you hit a 10% profit target. Starting from $20K, the path looks like: $20K, $40K, $80K, $160K, $320K, $640K, $1.28M, $2.56M, and up to $4M. Each doubling resets the 14-day payout cycle.
- High Stakes: Account size increases by 10% for every profit milestone achieved. Once the account reaches $350,000, traders qualify for a guaranteed monthly fixed payout of $4,000. At $500,000, the monthly payout increases to $10,000. The profit split also increases with each milestone, eventually reaching 100%.
- Bootcamp: The most gradual approach. Account balance increases by 5% for every profit target reached. The profit split scales from 50% to 75% at level 2, and up to 90% at higher levels. Bootcamp accounts can scale up to $2,000,000.
The Hyper Growth doubling mechanic is what makes The5ers truly unique. Very few firms offer account-doubling at every milestone, and the path from $20K to $4M can happen in as few as 8 successful cycles.
For the complete breakdown of every scaling level, check the The5ers page on PropFirmKey.
The5ers Payout System
Profit Split (50% to 100%)
- Bootcamp: Starts at 50%, scales to 75% at level 2, and can reach up to 90% at higher scaling levels.
- Hyper Growth: Starts at a competitive split and scales to 100% as the account grows.
- High Stakes: Starts at 80% — the highest starting split of any program — and scales to 100%. This is one of the best profit split structures in the entire prop firm industry.
Payout Schedule
First payout is available 14 days after receiving a funded account, with payouts every 2 weeks thereafter. The 14-day payout cycle resets every time the account is scaled to a new level. For High Stakes accounts that reach $350K+, a fixed monthly payout is added on top of the regular profit split.
Withdrawal Process
Withdrawals are processed through standard methods including bank transfer and cryptocurrency. The5ers is known for reliable and timely payouts — a point consistently praised in Trustpilot reviews. The initial evaluation fee is refunded with the first profit payout across all programs.
Platforms
MetaTrader 5
The5ers exclusively uses MetaTrader 5 (MT5) in Hedge mode, available as desktop, web, and mobile applications. MT5 is the industry standard for prop firm trading, offering advanced charting, multiple order types, algorithmic trading support through Expert Advisors, and a robust backtesting engine. The5ers' MT5 implementation features spreads starting from 0.0 pips with competitive commission structures.
The5ers Discount Code: PFKEY (20% OFF)
One of the best ways to reduce your entry cost is by using the exclusive discount code PFKEY, which gives you 20% off any The5ers program. This code works on Bootcamp, Hyper Growth, and High Stakes accounts of all sizes.
How to Apply
- Visit The5ers through PropFirmKey
- Select your preferred program and account size
- At checkout, enter the discount code PFKEY
- The 20% discount is applied instantly to your total
Pricing After Discount (All Programs)
| Program | Account Size | Regular Price | Price with PFKEY (20% OFF) |
|---|---|---|---|
| Bootcamp | $100K | $95 | $76 |
| Bootcamp | $250K | $225 | $180 |
| Hyper Growth | $5K | $260 | $208 |
| Hyper Growth | $10K | $450 | $360 |
| Hyper Growth | $20K | $850 | $680 |
| High Stakes | $5K | $39 | $31 |
| High Stakes | $20K | $165 | $132 |
| High Stakes | $60K | $300 | $240 |
| High Stakes | $100K | $495 | $396 |
Using the code PFKEY on the $100K High Stakes program, for example, saves you nearly $100. On the $20K Hyper Growth, you save $170. These are one-time fees with no recurring costs, and the fee is refunded with your first payout. There is no reason not to use the PFKEY code at checkout.
The5ers vs Competitors
How does The5ers stack up against the biggest names in prop trading? Here is a side-by-side comparison.
| Feature | The5ers | FTMO | FundedNext | Blue Guardian | FXIFY |
|---|---|---|---|---|---|
| Founded | 2016 | 2015 | 2022 | 2022 | 2023 |
| Max Funding | $4,000,000 | $2,000,000 | $4,000,000 | $2,000,000 | $4,000,000 |
| Profit Split | Up to 100% | 80-90% | Up to 95% | Up to 85% | Up to 90% |
| Evaluation Steps | 1-3 depending | 2 | 1-2 | 1-2 | 1-2 |
| Time Limit | Unlimited | 30/60 days | 30/60 days | Unlimited | Unlimited |
| Platform | MT5 | MT4/MT5 | MT4/MT5 | MT4/MT5 | MT4/MT5 |
| Starting Price | $39 | $155 | $49 | $107 | $59 |
| Trustpilot | 4.8/5 | 4.9/5 | 4.6/5 | 4.7/5 | 4.6/5 |
| Discount Code | PFKEY (20%) | — | — | — | — |
The5ers stands out with its unlimited time limits, up to 100% profit split, and the unique Hyper Growth doubling mechanic. While FTMO has a marginally higher Trustpilot score, The5ers offers more flexible evaluation structures, lower entry prices (High Stakes starts at just $39), and a more aggressive scaling plan. Compared to newer firms like FundedNext and FXIFY, The5ers brings nearly a decade of operational trust. Compare all these firms in detail at PropFirmKey.
The5ers Trustpilot (4.8/5)
With over 21,000 reviews and a 4.8 out of 5 rating, The5ers has one of the strongest reputations on Trustpilot among all prop firms. Approximately 93% of reviews are 5 stars, which is exceptional for a financial services company.
Common praise points include:
- Fast payouts — traders consistently report receiving their profits within the stated timeframes
- Responsive support — the customer service team is frequently mentioned as helpful and quick
- Fair rules — unlimited time, no minimum trading days (Hyper Growth), and transparent drawdown calculations
- Reliable execution — instant fills with minimal slippage on MT5
The most common criticisms revolve around occasional delays in account scaling and some traders feeling that the compliance review process can be lengthy. However, these complaints are relatively rare compared to the overwhelming volume of positive feedback.
Pros & Cons
Pros:
- One of the oldest and most trusted prop firms (founded 2016)
- Three programs covering every trader profile
- Scaling up to $4,000,000
- Profit split up to 100% (High Stakes and Hyper Growth)
- Unlimited evaluation time on all programs
- Low entry point ($39 for High Stakes $5K, or $76 with PFKEY for Bootcamp $100K)
- News trading and EAs allowed
- Fee refunded with first payout
- Fixed monthly payouts at $350K+ (High Stakes)
- 4.8/5 Trustpilot with 21,000+ reviews
Cons:
- MT5 only — no MT4 or cTrader support
- Bootcamp profit split starts low at 50%
- Hyper Growth max starting capital is $40K
- Leverage reduced on larger funded High Stakes accounts
- Mandatory stop-loss on Bootcamp can limit some strategies
- No individual stocks — only Forex, Indices, Metals, Commodities, and Crypto
Who Should Use The5ers?
The5ers Bootcamp is ideal for newer traders or those on a tight budget. The $95 entry (or just $76 with the PFKEY discount code) gives you access to a $100,000 evaluation account with unlimited time and no pressure. If you are still building your edge and want a low-risk way to prove yourself, the Bootcamp is one of the best deals in the industry.
The5ers Hyper Growth is built for experienced traders who want to grow fast. The one-step evaluation, live trading from day one, and account-doubling at every 10% milestone make it the most aggressive growth path available. If you consistently hit 10% targets, you can scale from $20K to over $1M in under a year.
The5ers High Stakes is for confident, aggressive traders who want the highest leverage, the biggest drawdown allowance, and an 80% starting profit split. The two-step evaluation is straightforward (8% then 5%), and the path to 100% profit split and fixed monthly payouts makes this the premium choice.
No matter which program you choose, use the code PFKEY at checkout for 20% off. Visit the full The5ers review on PropFirmKey for live pricing and direct links.
FAQ
Is The5ers legit?
Yes. The5ers was founded in 2016 in Israel and has nearly a decade of operational history. With 21,000+ Trustpilot reviews at 4.8/5, it is one of the most trusted prop firms in the world.
What is the cheapest The5ers program?
The High Stakes $5K account starts at just $39 (or $31 with the PFKEY discount code). The Bootcamp $100K starts at $95 ($76 with PFKEY).
Does The5ers offer unlimited time?
Yes. All three programs — Bootcamp, Hyper Growth, and High Stakes — have no time limit on the evaluation phase. You can take as long as you need to pass.
What is the maximum account size at The5ers?
Accounts can scale up to $4,000,000 through the Hyper Growth and High Stakes programs. Bootcamp accounts can scale up to $2,000,000.
What platforms does The5ers support?
The5ers exclusively uses MetaTrader 5 (MT5) in Hedge mode, available on desktop, web, and mobile.
Can I trade news at The5ers?
Yes. News trading is allowed on all programs. There are no restrictions on trading during high-impact news events.
How often can I withdraw profits?
Payouts are available every 14 days after receiving a funded account. High Stakes accounts reaching $350K+ also receive fixed monthly payouts.
Does The5ers refund the evaluation fee?
Yes. The initial evaluation fee is refunded with your first profit payout across all programs.
What instruments can I trade?
Forex pairs, Indices, Metals, Commodities, and Crypto (Hyper Growth). Individual stocks are not available.
Is there a The5ers discount code?
Yes. Use the code PFKEY for 20% off all programs. Apply it at checkout or visit PropFirmKey for direct links.
Final Verdict
The5ers is not just another prop firm — it is the original. With nearly a decade of history, three well-designed programs covering every trader profile, scaling up to $4 million, and profit splits reaching 100%, The5ers has earned its reputation as one of the top prop firms in 2026.
The Bootcamp offers the lowest barrier to entry in the industry. The Hyper Growth program provides the most aggressive account-doubling mechanic available anywhere. And the High Stakes program delivers a premium experience with 80-100% profit splits, generous drawdowns, and fixed monthly payouts at higher tiers.
The unlimited evaluation time across all programs is a genuine differentiator. Unlike firms that pressure you with 30-day deadlines, The5ers lets you trade at your own pace. Combined with the firm's stellar 4.8/5 Trustpilot rating and consistent payout history, there is very little downside to trying The5ers — especially with the PFKEY code cutting your entry fee by 20%.
Whether you are a developing trader looking for an affordable first challenge or a seasoned professional seeking $4M in funded capital, The5ers has a program for you. Visit the complete The5ers profile on PropFirmKey to compare plans, check live pricing, and get started with the PFKEY discount today.
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