The5ers Review 2026: Is It Legit? Challenge Rules, Drawdown Limits and Payouts

What it is

The5ers is a prop firm operating since 2016. Jurisdiction: Israel. Legal entity: The5ers (Five Percent Online Ltd). You pay for an evaluation, prove you can respect risk limits, and get a funded account with most of the profit paid to you.

Figures below come from the company's public data as of this page's update date. Prop firms change terms more often than brokers, so verify them on the The5ers site before paying.

Challenge conditions

Account sizes: $5 000 – $100 000 со скейлингом до $4 млн. Fee: from ~$39 per attempt. Structure: Hyper Growth (2 phases), Bootcamp (3 phases), High Stakes (2 phases). Drawdown limits: daily limit 3–5% depending on the programme, overall 6–10%. Platforms: MT5, cTrader, Match-Trader.

Payouts

Up to 100% profit split on some programmes, 80% standard. Payouts on demand; aggressive scaling — account doubling when targets are met.

Drawbacks

• Tight drawdown limits on some programmes (3% daily)
• More phases in Bootcamp — longer path to funding
• Rules differ between programmes

The calculation most people get wrong

The cost of access to capital is not the challenge fee — it is the fee multiplied by the average number of attempts. Published industry pass rates run from a few percent to around 10%. Multiply from ~$39 per attempt by a realistic number of attempts and compare it with trading your own deposit at the same risk — position size calculator.

Availability

Works with most cis countries; verify the country list at registration.

Other prop firms

Hash Hedge, FTMO, FundedNext, Topstep, Alpha Capital Group, E8 Markets, MyFundedFX, Funded Trading Plus

If the prop model does not suit you, compare regulated brokers instead.