HQ United Kingdom
The5ers Review 2026
The5ers is a UK-based forex prop firm, selling challenges for 10 years, rated 4.4/5 by our formula (#1 of 90) and 4.7/5 on Trustpilot from 38,714 reviews. It is best for traders who want a static (non-trailing) drawdown and budget buyers (cheaper per $10K than 74% of forex firms); skip it if you want instant funding.
- Trader reviews
- 85
- Price per $10K
- 66
- Rules & drawdown
- 82
- Payouts & split
- 73
- Track record
- 100
- Platforms & programs
- 88
Best for traders who want a static (non-trailing) drawdown; budget buyers (cheaper per $10K than 74% of forex firms); a longer track record (10 years).
Skip if you want instant funding.
Score breakdown
The5ers scores highest on track record and platforms & programs, and lowest on price per $10k.
It ranks #1 of the 90 firms we track and #1 of 55 forex firms.
Price vs the forex market
The5ers's median price per $10K of funding is $65.80, cheaper than 74% of forex firms. The cheapest single account costs $22, plus an activation fee of up to $350 when you pass.
The5ers challenges and prices
Price by account size
$100K 2-Step: targets and limits
| Account | Program | Price | Target | Daily | Max | Drawdown | Split |
|---|---|---|---|---|---|---|---|
| $3K | 2-StepHigh Stakes Challenge - 2-Steps 2.5K | $22 | 8% / 5% | 5% | 10% | Static | 80% |
| $5K | 2-StepHigh Stakes Challenge - 2-Steps 5K | $39 | 8% / 5% | 5% | 10% | Static | 80% |
| $5K | 1-StepPro Growth Program - 1-Step 5K | $52 | 10% | 3% | 6% | Static | 75% |
| $5K | 1-StepHyper Growth Program - 1-Step 5K | $260 | 10% | 3% | 6% | Static | 50% |
| $10K | 2-StepHigh Stakes Challenge - 2-Steps 10K | $78 | 8% / 5% | 5% | 10% | Static | 80% |
| $10K | 1-StepPro Growth Program - 1-Step 10K | $98 | 10% | 3% | 6% | Static | 75% |
| $10K | 1-StepHyper Growth Program - 1-Step 10K | $450 | 10% | 3% | 6% | Static | 50% |
| $20K | 3-StepBootcamp Program - 3-Steps *20K | $22 | 6% / 6% / 6% | — | 5% | Static | 50% |
| $20K | 1-StepPro Growth Program - 1-Step 20K | $189 | 10% | 3% | 6% | Static | 75% |
| $20K | 1-StepHyper Growth Program - 1-Step 20K | $850 | 10% | 3% | 6% | Static | 50% |
Showing 10 of 21 accounts.
The5ers rules
- Daily loss limit
- 3–5%
- Maximum loss
- 5–10%
- Drawdown model
- Static
- Profit target (phase 1)
- 6–10%
- Minimum trading days
- 3
- Consistency rule
- None on 14% of accounts
- Profit split
- 50–80%
- Payout frequency
- from bi-weekly
- Activation fee
- up to $350
Across its 21 accounts, The5ers uses static drawdown. 100% of accounts have a static maximum loss. The shortest minimum-trading-days requirement is 3.
Rules are taken from the firm's published terms and change often. Always confirm on the firm's site before buying.
| Asset | Instant | 1-Step | 2-Step |
|---|---|---|---|
| Crypto | — | 0.6 | 2 |
| Indices | — | 25 | 25 |
| Energy | — | 1.5 | 5 |
| FX | — | 30 | 100 |
| Metals | — | 25 | 25 |
Maximum leverage by asset and program.
| Asset | Commission |
|---|---|
| Crypto | 0.06% per lot |
| Energy | 0.06% per lot |
| FX | $$4 per lot |
| Metals | 0.002% per lot |
The5ers rules explained: every account, drawdown model, permissions and payout rules →
Payouts and payments
Pay for a challenge
Receive payouts
Payout cycle
Requests from bi-weekly; split up to 80%.
Verified payout data from traders will appear here once our payout tracker launches.
Where The5ers is available
The5ers restricts 31 countries. Of the 20 markets we cover in detail, it accepts traders from 20.
All restricted countries (31)
Afghanistan
Belarus
Bosnia and Herzegovina
Burundi
Central African Republic
Crimea (Region of Ukraine)
Cuba
Democratic Republic of the Congo (Congo Free State)
Eritrea
Guinea
Guinea-Bissau
Iran
Iraq
Israel
Laos
Lebanon
Liberia
Libya
Myanmar (Burma)
North Korea
Palestinian Territory
Papua New Guinea
Republic of the Congo (Congo Brazzaville)
Russia
Somalia
South Sudan
Sudan
Syria
Vanuatu
Venezuela
YemenPlatforms and markets
Platforms
Markets
What traders say about The5ers: real reviews and rating
- Replies to negative reviews
- 96% of 1,008
- Average reply time
- 5.8 days
- Profile claimed
- Oct 2019
- Invites customers to review
- Yes
90% of The5ers's Trustpilot reviews are 5-star and 3% are 1-star. A low share of 1-star reviews compared with most prop firms. The company invites customers to leave reviews, which tends to lift the share of 5-star ratings.
Snapshot of the public Trustpilot page on 2026-09-29. We show ratings only, not review texts. Verified reviews from traders on this site are coming soon.
Pros and cons
Pros
- Static drawdown on most accounts
- 3 program types (1-Step, 2-Step, 3-Step)
- 3 platforms incl. cTrader and MT5
- 10+ years in operation
Cons
- Maximum split 80%
- Payouts only every 14 days
- Activation fee up to $350 after passing
The5ers alternatives
FundedNext
Fintokei
FTMO
Alpha CapitalTrader reviews
No verified reviews yet. Reviews on this site require proof of purchase or payout. Submit yours.
How we reviewed The5ers
Prices, rules and account data come from The5ers's pricing pages and terms, cross-checked with aggregated public comparison data. Trader ratings come from a public Trustpilot snapshot taken on September 29, 2026. Scores are calculated with the formula on our methodology page; affiliate commissions do not change them.
The5ers FAQ
Is The5ers legit?
The5ers is based in United Kingdom and has been selling challenges for about 10 years. It is rated 4.7/5 on Trustpilot from 38,714 reviews. We found no public warnings about it.
Does The5ers pay out, and how fast?
The5ers's rules allow payout requests every two weeks on its fastest accounts, with a profit split of up to 80%. Payout methods: Bank Transfer, Crypto, Hub Credit and Riseworks. We do not verify individual payouts; the trader reviews section shows what customers report.
Who owns The5ers?
Its CEO is Saul Lokier.
Can US traders use The5ers?
Yes. The United States is not on The5ers's restricted-country list in our data.
How much is a $100K account at The5ers?
$149 for the 2-Step, $249 for the 1-Step and $95 for the 3-Step plus $205 after passing, at list price without promo codes.
What is the daily loss limit at The5ers?
3–5% of the account, depending on the program; the maximum loss is 5–10% (static).
Does The5ers have a consistency rule?
Yes, on 5 of its 21 accounts: the best day may not exceed 50% of total profit.
Data last checked September 29, 2026. Source: firm pricing pages and terms, public review platforms and aggregated public comparison data (Sep 2026). Found an error? Tell us.