The 5%ers 2025 Review: Everything You Need to Know
The 5%ers, a proprietary trading firm established in 2016, has garnered attention for its innovative funding model and trader-friendly programs. Overall, user feedback indicates a generally positive experience, particularly highlighting the firm's unique instant funding options and comprehensive educational resources. However, some users have raised concerns regarding limited asset classes and withdrawal issues.
Note: It is important to consider that the 5%ers operates under different entities in various regions, which can impact regulatory oversight and trader experiences. This review aims to provide a fair and accurate assessment based on comprehensive research.
Ratings Overview
We rate brokers based on user feedback, expert opinions, and factual data gathered from multiple sources.
Broker Overview
Founded in 2016, The 5%ers is a proprietary trading firm based in Israel, recognized for providing substantial funding to traders who meet specific performance criteria. The firm primarily uses the MetaTrader 5 (MT5) platform, which supports trading in various assets, including forex, metals, and indices. However, it does not offer stocks or cryptocurrencies as part of its trading options. The 5%ers is not regulated by any major financial authority, which raises some concerns about investor protection.
Detailed Breakdown
Regulatory Geography
The 5%ers operates globally but is registered in Israel and has a subsidiary in the UK. Despite its international presence, it lacks regulation from major financial authorities, which can affect the level of security and trust for traders.
Deposit/Withdrawal Currencies/Cryptocurrencies
Traders can deposit and withdraw in multiple currencies, including USD, EUR, GBP, JPY, and others. The firm does not currently support cryptocurrency transactions, which may limit options for some traders.
Minimum Deposit
The minimum deposit to start trading with The 5%ers is $39, which is relatively low compared to other proprietary trading firms. This low entry cost makes it accessible for novice traders looking to enter the market.
The 5%ers occasionally offers promotions, including discounts on initial fees, particularly for new traders entering the boot camp program. However, specific details on current promotions can vary, so it's advisable to check their website for the latest offers.
Tradable Asset Classes
The firm primarily focuses on forex, metals (gold and silver), and indices. It does not offer stocks or cryptocurrencies, which may deter traders looking for a broader range of investment options.
Costs (Spreads, Fees, Commissions)
The 5%ers does not impose additional trading fees beyond the spread, which is generally competitive. The firm charges a commission of around $4 per lot for trades, which is reasonable compared to industry standards. Traders should be aware of potential fees from third-party payment processors for withdrawals.
Leverage
Leverage options vary by program, with a maximum of 1:100 available for high-stakes accounts. This leverage can be attractive for experienced traders but may be lower than what some other firms offer. The 5%ers emphasizes responsible trading by maintaining lower leverage limits.
The only trading platform available is MetaTrader 5 (MT5), which is popular for its advanced features. While MT5 is widely used, some traders may prefer other platforms like MetaTrader 4 (MT4) or TradingView for their charting capabilities.
Restricted Regions
The 5%ers currently does not accept traders from the United States, which limits access to a significant market. Traders from other regions should verify their eligibility before signing up.
Available Customer Support Languages
Customer support is primarily available in English, with additional language options for traders in various regions. However, the lack of live chat support may be a drawback for some users who prefer immediate assistance.
Ratings Recap
Detailed Breakdown of Ratings
Account Conditions
The 5%ers offers competitive account conditions, including a low minimum deposit and a straightforward funding model. The opportunity to manage accounts up to $4 million is particularly attractive for traders looking to scale their operations. However, the requirement for traders to achieve specific profit targets can be challenging.
The firm provides a range of educational resources, including webinars, trading courses, and performance coaching. This support is essential for both novice and experienced traders looking to improve their skills and strategies.
Customer Service and Support
While The 5%ers has received praise for its customer service, the absence of live chat support can be inconvenient for traders needing quick answers. Email and phone support are available but may not always provide immediate assistance.
Trading Setup (Experience)
The trading experience on the MT5 platform is generally positive, with users appreciating the user-friendly interface and advanced trading tools. However, the limited asset classes may restrict some traders' strategies.
Trustworthiness
The 5%ers has established a solid reputation in the proprietary trading community, but its lack of regulation raises some concerns. While many traders report positive experiences, it is essential to remain cautious and understand the risks involved.
User Experience
Overall, user feedback indicates a satisfactory experience with The 5%ers. Many traders appreciate the low entry cost and the potential for significant profits, although some express concerns about withdrawal issues and limited trading options.
Educational Programs
The 5%ers excels in providing educational resources, which are crucial for traders at all levels. The availability of one-on-one coaching and a variety of learning materials enhances the overall value of the platform.
In conclusion, The 5%ers presents a compelling option for traders seeking funding opportunities, particularly those looking to enter the forex market with a supportive environment. However, potential users should weigh the pros and cons, especially considering the lack of regulation and the limited asset offerings.
