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Pros

Instant funding allows immediate access to trading capital up to $20,000.
Comprehensive educational resources, including trading strategies, webinars, and market insights.
Diverse trading options available, including forex, metals, and indices.

Cons

Limited leverage options, capped at 1:6 for low-risk accounts and 1:30 for aggressive accounts.
Time restrictions on beginner accounts may constrain new traders' flexibility.
Lack of live chat support can lead to delayed customer service responses.

The 5%ers broker Accounts

The 5%ers Account Types

The 5%ers offers three main account types tailored to different trading strategies and risk preferences:

  • Boot Camp Program:
    • Designed for beginners, it has a three-step evaluation process.
    • Starts with a $25,000 trading capital.
    • Profit target of 6% with a maximum loss of 5%.
    • Gradual capital progression:
    • Phase 1: $25,000
    • Phase 2: $50,000
    • Phase 3: $75,000
    • Final funded account: $100,000
    • Cost: $95 upfront for a $100,000 account, with a $205 balance due upon passing.
    • Hyper Growth Program:
      • Instant funding with no evaluation phase.
      • Profit target of 10% with a maximum loss of 6%.
      • Available account sizes:
      • $10,000 for a fee of $260
      • $20,000 for a fee of $450
      • $40,000 for a fee of $850
      • Leverage of 1:30 and no minimum trading days required.
      • High Stakes Challenge:
        • Two-step evaluation process for more experienced traders.
        • Account sizes range from $5,000 to $100,000.
        • Profit target of 8% in phase one and 5% in phase two.
        • Cost:
        • $5,000 account for $39
        • $100,000 account for $495
        • Leverage of up to 1:100.

        The 5%ers Broker Account Opening Process

        To open an account with The 5%ers, follow these steps:

        • Visit the Official Website: Go to the5ers.com.
        • Choose a Funding Option: Select from the available programs (Boot Camp, Hyper Growth, or High Stakes).
        • Click on the Sign Up Option: Proceed to the registration page.
        • Review the Rules: Go through the terms and conditions carefully.
        • Create Your Account: Fill in your personal details and agree to the terms.
        • Select Payment Method: Choose your preferred payment method (credit/debit card, bank transfer, etc.).
        • Make the Payment: Pay the one-time participation fee.
        • Receive Account Details: After payment confirmation, you will receive your account details via email.
        • Log In and Start Trading: Use your credentials to log in and begin trading.
        • These steps ensure a smooth onboarding process to start trading with real funds.

          Sources:

The 5%ers accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
The 5%ers Account