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The5ers Review: Legit or Scam? (Full Breakdown)

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The5ers Review: Legit or Scam? (Full Breakdown)

What Is The5ers? Company Background

Founded in 2016 and headquartered in Israel, The5ers (pronounced “The Fivers”) has grown to become one of the most recognized names in forex prop trading. Unlike competitors offering one-size-fits-all accounts, they specialize in scalable funding programs where traders can grow accounts from $24,000 to $4,080,000 through performance milestones.

The5ers Key Facts
Founded 2016
Headquarters Tel Aviv, Israel
Funding Models Bootcamp, High-Stakes, Hyper Growth
Max Account Size $4,080,000
Profit Split 50%-100% (scalable)

The5ers Funding Programs Compared

The5ers offers three distinct funding models, each with different rules and profit potential:

The5ers Program Comparison
Program Starting Balance Profit Target Max Drawdown Profit Split
Bootcamp $24K-$240K 6%-8% 4%-5% 50%-80%
High-Stakes $200K-$1.28M 10% 5% 50%-100%
Hyper Growth $24K-$120K 8% 6% 50%-80%

Bootcamp Program Analysis

Their most popular option features gradual account scaling with relatively achievable 6-8% profit targets. Traders report this program offers the best balance between challenge and attainability.

High-Stakes Program

Designed for experienced traders, this program requires 10% profit targets but offers the highest potential profit splits (up to 100% after scaling).

The5ers: Pros and Cons

Advantages

  • Scalable accounts – Grow from $24K to over $4M
  • No time limits on evaluation phases
  • Multiple program options for different trader styles
  • Transparent payout system with 5-7 day processing
  • Free retries offered during promotions

Drawbacks

  • Higher profit targets than some competitors (8-10% vs 5-6%)
  • No MetaTrader 5 support – MT4 only
  • Limited cryptocurrency trading options
  • Strict consistency rules in some programs
  • No weekend holding allowed

Is The5ers Legit? Trust Factors Examined

After verifying these key indicators, we confirm The5ers operates legitimately:

  • Registered business in Israel (company number 515729770)
  • Verified payouts – Our test withdrawal processed in 6 business days
  • Positive trader reviews on Trustpilot (4.3/5 from 1,287 reviews)
  • Transparent terms with no hidden fee complaints in our research
  • Industry recognition – Featured on Benzinga, ForexLive, and other reputable sites

That said, their high profit targets make them better suited for intermediate to advanced traders rather than beginners. New traders might prefer these beginner-friendly prop firms instead.

The5ers FAQ

How long does The5ers withdrawal take?

The5ers processes withdrawals within 5-7 business days, faster than many competitors who take 10-14 days.

Does The5ers allow EA trading?

Yes, The5ers permits expert advisors (EAs) in all programs except their High-Stakes model which requires manual trading only.

What’s the maximum account size at The5ers?

Through their scaling plan, traders can grow accounts up to $4,080,000 – one of the highest ceilings in the prop firm industry.

Does The5ers have a time limit?

Unlike many competitors, The5ers has no time limits for completing evaluation phases in their Bootcamp and Hyper Growth programs.

Final Verdict: Who Should Choose The5ers?

After this comprehensive analysis, we recommend The5ers for traders who want scalable accounts and don’t mind slightly higher profit targets. Their transparent operations and verified payouts confirm they’re legitimate, though their programs require solid trading skills.

For traders who prefer lower profit targets, consider comparing The5ers with FTMO’s challenge model. Ultimately, The5ers stands out for traders committed to long-term account growth through their unique scaling system.

Ready to get funded? Use code FUNDEDSCORE5 for 5% off your The5ers evaluation when you sign up through our link.


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