The 5%ers Forex Broker

The 5%ers Review SummaryFounded2016Registered Country/RegionIsraelRegulationUnregulatedMarket InstrumentsForex, indices, metals, commodities, cryptocurrenciesDemo Account❌LeverageUp to 1:100Spreadfrom 0.0 pipsTrading PlatformMT5Min Deposit/Customer SupportX, Youtube, Facebook, InsgramEmail: help@the5ers.comAddress: 2 HaTidhar st, Raanana, IsraelThe 5%ers Information The 5%ers was registered in 2016 in Israel. It offers investment services for trading with forex, indices, metals, commodities, and cryptocurrencies on MT5, and this company is currently unregulated.Pros and ConsPros Cons Various Funding choicesUnregulatedLong historyLimted fees informationFree 1-on-1 performance coachingIs The 5%ers Legit? No. The 5%ers has no regulations currently. Please be aware of the risk!What Can I Trade on The 5%ers? The 5%ers provides a range of choices like forex, indices, metals, commodities, and cryptocurrencies.Tradable Instruments Supported Forex✔Indices✔Commodities✔Cryptocurrencies✔Metals✔Stocks✔ETFs❌Options❌Bonds❌Account Type The 5%ers offer three main challenge types with different evaluation processes, risk rules, and scaling opportunities.Challenge TypeEvaluation StepsProfit TargetMax LossScaling PotentialBootcampThree Step6% per stage5% (4% funded)Up to $250KHigh StakesTwo Step8% (Phase 1), 5% (Phase 2)10% (5% daily)Up to $137,500Hyper GrowthOne Step10%6%Up to $4MLeverageChallenge TypeLeverageBootcamp1:10High Stakes1:100Hyper Growth1:30Fees The 5%ers have competitive commission fees compared to other prop firms, but their spread transparency is limited.Trading Platform When it comes to trading platforms available, The 5%ers gives traders Meta Trader 5.Trading PlatformSupported Available Devices Suitable for MT4❌/BeginnersMT5✔Desktop, Android, iOSExperienced tradersDeposit and Withdrawal Traders can pay challenge fees using several methods, including Rise, The5ers VISA Card, and cryptocurrencies.