OG Since 2016 ✓ Verified Firm

The5ers

The5ers is a UK-registered prop firm founded in 2016 with real capital trading, three challenge programs, and scaling up to $4M.

🌍 United Kingdom (UK)
📅 Est. 2016
📊 Forex, Metals, Indices, Oil/Energy, Crypto
📝 Updated May 24, 2026
🔍 Verified Mar 2026
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🚫 Restricted: Afghanistan Belarus Burundi Central African Republic Cuba Congo Republic Crimea Democratic Republic of Congo Donetsk Eritrea Guinea Guinea-Bissau Iraq Iran Israel Kherson Laos Lebanon Liberia Libya Luhansk Myanmar North Korea Palestinian Territory Papua New Guinea Russia South Sudan Sudan Somalia Syria Vanuatu Venezuela Yemen Zaporizhzhia.
SA
Reviewed by Saqib Iqbal ✓ SPR Analyst · 6 min
SPR Rating
4.7/5
✓ Data Verified Mar 2026
User Rating
No reviews yet — be first

Trust
4.7
Fees
4.2
Rules
4.5
Payouts
4.3
Support
4.6
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Bottom Line
The5ers is the most credible and long-established forex prop firm available to international traders in 2026. With nearly a decade of operations, $43M+ in verified payouts, real capital trading from day one, and the industry's most trusted scaling model up to $4M — it sets the benchmark other firms are measured against. The profit split starting at 50% in Bootcamp and Hyper Growth is below the industry standard, and US traders are fully excluded. But for disciplined manual traders outside the US who want the most reliable partner in the business, The5ers is the gold standard.
4.7
out of 5
✓ Recommended

📊 Firm Overview

Updated May 2026
Account Sizes
$2.5k - $250k
Min Eval Fee
$19 (one-time)
CEO / Founder
Saul Laukier
Profit Split
80% - 100%
Payout Time
2-5 business days
DD Type
Fixed
Markets
Forex, Metals, Indices, Oil/Energy, Crypto
News Trading
Restricted
Overnight Hold
Yes
Scaling
Up to $4M
🏷️
Exclusive Discount
JY5MH8RQ
5% Discount

🔬 SPR Intelligence Analysis

Proprietary Metrics
Difficulty Score ?Based on profit target, drawdown type, min days and restrictions. 10 = extremely hard to pass.
6.0/10
Average difficulty — fixed drawdown
Value Score ?Lower = better value. Industry average ~$7.00 per $1K.
$5.56 per $1K funded
$19 (one-time)
vs ~$7.00 avg across all tracked firms
Best Trader Profile ?Trading styles most likely to succeed given this firm's specific rule set and drawdown type.
Swing Trader Day Trader Position Trader
The5ers suits patient, disciplined traders who prioritize long-term account growth and reliability over fast profits and flashy features. The High Stakes program is best for experienced traders wanting standard drawdown rules, while Bootcamp suits developing traders building consistency with low upfront cost. Not recommended for traders wanting high leverage, fast payouts, or aggressive scaling.

📰 Firm Updates & News

Live Feed
2026-03-01
High Stakes New version launched — Phase 1 profit target updated from 8% to 10% across all account sizes Platform
2026-01-01
Maximum active accounts per trader expanded — traders can now hold 3× $2.5K + 3× $5K + 3× $10K + 1× $25K + 1× $50K or $100K simultaneously Platform
2025-09-01
New trader dashboard launched — improved UI with tighter MT5 synchronization and live performance tracking Platform
2025-06-01
The5ers crosses $43M in verified payouts via Payout Junction — over 20,000 individual payout certificates publicly accessible Payout
2025-03-01
Islamic swap-free accounts made available across all three programs — additional fee applies on select instruments Platform
2024-06-01
30-day inactivity rule enforced across all programs — accounts expire after 30 consecutive days without trading activity Rule
2023-01-01
cTrader added as second trading platform alongside MT5 — available across all programs and account sizes Platform
2016-01-01
The5ers founded in Raanana, Israel by Gil Ben Hur — launched as the first prop firm to offer instant real-capital trader funding Platform

🛡️ Is The5ers Legitimate?

✓ Legitimate
📍
Registered In
United Kingdom (UK)
📅
Operating Since
2016
💰
Reported Payouts
$43M+ verified
📜
Regulation
Prop Model
⚠ Red Flags to Know
US traders fully restricted — no access to any program
Hyper Growth and Bootcamp profit split starts at 50% — below the standard 80% offered by most firms
News trading restricted on High Stakes evaluation — 2-minute bracket window rule applies
30-day inactivity rule — accounts expire after 30 consecutive days without trading
Challenge fee paid with a card not registered in trader's own name results in immediate account disabling

📋 Challenge Rules

1️⃣ 1-step 2️⃣ 2-step 3️⃣ 3-step

🧮 Challenge Fee Calculator

Select account size to see full cost breakdown:

✅ Pros & Cons

✅ Pros

Nine years of verified operations with no reported missed payments
Real capital trading from day one — not a simulated environment
No consistency rule across all three programs
Challenge fee fully refunded with first payout on all programs
Scaling path up to $4,000,000 in funded capital
Overnight and weekend holding permitted on all account types

❌ Cons

Hyper Growth and Bootcamp profit split starts at 50% — below standard
News trading restricted on High Stakes evaluation — 2-minute window rule applies
Bootcamp mandates stop-loss on every trade with maximum 2% risk per position
30-day inactivity rule — account expires without trading activity
US traders fully restricted — no access to any program

🎯 Who Is This Firm For?

✅ Ideal For
Swing and position traders holding multi-day trades
Disciplined traders targeting long-term capital growth up to $4M
EA traders using non-prohibited automated strategies
Budget traders starting with low-cost Bootcamp entry
❌ Not Ideal For
News scalpers relying on bracket strategies around high-impact events
High-frequency traders using sub-second execution strategies
Traders requiring high leverage above 1:30 on standard accounts

⚖️ Our Verdict

4.7/5

The5ers is one of the most credible and long-established prop firms available to international traders, backed by nine years of consistent verified payouts and real capital trading from day one. The three-program lineup covers all trader types from beginners using Bootcamp to experienced traders targeting the $4M scaling ceiling on Hyper Growth. The main drawbacks are the 50% starting split on two programs, US exclusion, and news trading restrictions on High Stakes evaluation accounts. For disciplined international traders who prioritize reliability and long-term capital growth above all else, The5ers is a top-tier choice.

✓ Recommended for Swing Trader, Day Trader, Position Trader
Start The5ers Challenge → 🎓 Free Trading Webinar →

❓ Frequently Asked Questions

Yes. The5ers has been operating since 2016 with a 9-year verified payout track record and over 20,000 individual payout certificates publicly available. The firm uses real capital on all funded accounts — not a simulated environment — and holds one of the highest trader satisfaction ratings in the industry.
The5ers offers three programs. High Stakes is a 2-step evaluation with 1:100 leverage — best for experienced traders. Hyper Growth is a 1-step evaluation where passing doubles your account size — best for confident traders wanting rapid growth. Bootcamp is a 3-step evaluation with mandatory stop-losses — best for developing traders building consistency at low cost.
High Stakes starts at 80% and scales to 100% at higher funded tiers. Hyper Growth and Bootcamp start at 50% and scale progressively to 100% as the account grows. No consistency rules apply to any program — daily profits are never capped.
EAs are permitted on all programs excluding arbitrage, latency exploitation, and HFT. News trading is allowed on Hyper Growth and Bootcamp — High Stakes evaluation restricts trading within 2 minutes before and after major news events. Overnight and weekend holding is fully permitted on all programs.
Hyper Growth doubles the account on every 10% profit milestone — progressing all the way to $4M. Bootcamp scales by 25% on every 5% profit milestone with the same $4M ceiling. High Stakes scales to a maximum of $500K only. Challenge fees are refunded with the first payout on all programs.

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