The Trading MentorThe Trading Mentor

The5ers Prop Firm Review 2025: Is It Worth It?

4.3/5
By Pulsar Research Team··
Protect your The5ers account with Pulsar Terminal

Challenge RulesThe5ers

Profit Split80/20
Max Daily Loss5%
Max Total Loss10%
Phase 1 Target8%
Phase 2 Target5%
Min Trading Days3
Max Trading Daysunlimited
News Trading✅ Allowed
Weekend Holding✅ Allowed
EA / Bots Allowed✅ Yes
InstrumentsForex, Indices, Commodities, Crypto, Stocks
MT5 Compatible✅ Yes

Challenge Prices

$6000 Account
$95
$20000 Account
$275
$40000 Account
$450
$60000 Account
$575
$100000 Account
$875

Pros

  • Established since 2016 with strong reputation
  • Scaling plan up to $4M account size
  • Multiple program types including instant funding
  • News trading allowed

Cons

  • Instant funding program has lower profit split initially
  • Higher fees for larger accounts compared to competitors
  • Dashboard can feel outdated
In-Depth Analysis

The5ers has been running funded trader programs since 2016, making it one of the longer-standing prop firms in a space notorious for overnight launches and sudden closures. With an 80/20 profit split, EAs permitted, and a scaling plan built into the model, it attracts systematic and discretionary traders alike. Here's what the structure actually looks like under the hood.

Key Takeaways

  • The5ers imposes a 5% daily loss limit and a 10% maximum total drawdown across its funded accounts. These are hard limits...
  • Challenge pricing at The5ers starts from a point that positions it in the mid-range of the prop firm market — not the ch...
  • The firm has operated continuously since 2016, which is a meaningful data point. Longevity doesn't guarantee future perf...
1

The5ers Challenge Rules: What You're Actually Agreeing To

The5ers imposes a 5% daily loss limit and a 10% maximum total drawdown across its funded accounts. These are hard limits — breach either one and the account is closed. The profit target varies by challenge tier, so confirming the exact figure for your chosen plan before funding is essential.

EAs are fully permitted, which opens the door for algorithmic traders who often get squeezed out of prop firm programs on technicalities. News trading rules and weekend holding policies vary by account type, so reading the specific terms for your tier matters more than relying on general summaries.

The scaling plan is a genuine differentiator. Rather than keeping traders capped at their initial allocation indefinitely, The5ers offers a structured path to larger capital as performance milestones are hit. For traders with a proven edge, that compounding potential changes the long-term math considerably.

2

Pricing and Value: What Does a The5ers Challenge Actually Cost?

Challenge pricing at The5ers starts from a point that positions it in the mid-range of the prop firm market — not the cheapest entry available, but not the premium end either. The exact fee depends on the account size and program type selected, so the cost-per-dollar-of-buying-power calculation is the right way to compare it against alternatives.

The 80/20 profit split is straightforward. You keep 80% of net profits, the firm keeps 20%. Some firms advertise higher headline splits but layer in platform fees or data charges that erode the effective rate. The5ers' published split is the working split, based on available information at time of writing.

One factor that affects perceived value: The5ers has a refundable challenge fee structure on certain programs, meaning the entry cost comes back after the first profit split withdrawal. For traders who pass, that changes the net cost of entry to zero. For traders who fail, the fee is the cost of the attempt — the same as any other prop challenge.

The firm has operated continuously since 2016, which is a meaningful data point.

3

The5ers Pros and Cons: A Straight Assessment

The firm has operated continuously since 2016, which is a meaningful data point. Longevity doesn't guarantee future performance, but it does indicate the business has navigated multiple market cycles without the sudden shutdowns that hit several newer prop firms between 2022 and 2024.

On the positive side: EA support is genuine, the scaling plan is structured rather than vague, and the 10% maximum drawdown gives traders enough room to work through normal drawdown periods without being wiped on a single bad week. The 5% daily loss limit is firm but not unusually tight compared to industry norms.

The friction points are real. Drawdown calculations and whether limits are based on balance or equity at the start of the day can catch traders off guard — this is an area where reading the specific account terms carefully pays off. Customer support response times have drawn mixed feedback in public forums, which is worth factoring in if you need quick resolution during active trading. The rating of 4.3/5 across review platforms reflects a generally positive but not perfect experience for the trader base.

4

Risk Management Tools: Staying Inside The5ers' Limits

A 5% daily loss limit sounds simple until you're running multiple positions and a correlated move hits everything at once. Manual position monitoring fails exactly when the market moves fastest.

Pulsar Terminal's Prop Firm Protection feature is built for this specific problem. Set your daily loss threshold and maximum drawdown levels — matching The5ers' 5% daily and 10% total limits exactly — and the panel auto-closes all positions the moment those thresholds are breached. No manual intervention required. That single feature can be the difference between a recoverable day and a terminated account.

Beyond protection, Pulsar Terminal's one-click trading, multi-level stop-loss and take-profit management, trailing stops, and real-time analytics give funded traders the execution precision that challenge rules demand. Breakeven automation and grid trading tools round out the toolkit for systematic approaches that The5ers explicitly allows.

Frequently Asked Questions

Q1Does The5ers allow automated trading and EAs?

Yes, Expert Advisors are permitted on The5ers funded accounts. The firm does not restrict algorithmic trading as a category, though specific EA behaviors like latency arbitrage may fall under broader trading conduct rules — checking the current terms for your account type is the right move before deploying a strategy.

Q2What happens if you breach The5ers daily loss limit?

Hitting the 5% daily loss limit results in account closure. The limit is a hard rule, not a soft warning. Using an automated protection tool that monitors your real-time drawdown and closes positions before the threshold is hit is the most reliable way to avoid an accidental breach during volatile sessions.

Q3How does The5ers scaling plan work?

The5ers offers a structured scaling path where traders who hit defined profit milestones over a set period become eligible for increased capital allocations. The specific percentages and timeframes depend on the program type, so reviewing the current scaling terms for your chosen account is necessary to map out the actual progression.

Trading Tools

Calculate your position size for The5ers

Position Size Calculator

Calculate optimal lot size based on your risk management

Risk LevelMedium Risk
Recommended Position Size
0.40 lots
Risk $200.00
Per pip $4.00
Risk: $200184£158

Based on standard forex lot ($10/pip). Adjust for different instruments. Always verify with your broker.

Risk Disclaimer

Trading financial instruments carries significant risk and may not be suitable for all investors. Past performance does not guarantee future results. This content is for educational purposes only and should not be considered investment advice. Always conduct your own research before trading.

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