What Makes The5ers Different From Other Prop Firms?
The5ers review would be incomplete without highlighting the distinguishing features of this prop firm from all others. A three-step evaluation, an immediate financing program, and a two-step evaluation are the three distinct account kinds that The5ers provides, which sets them apart from the majority of the leading prop businesses in the industry. In addition, they offer a multitude of advantageous features, such as an unlimited trading period, no minimum trading day requirements (with the exception of High Stakes), an affordable evaluation fee (with the exception of Bootcamp), no evaluation phases (with the exception of Hyper-Growth), a first withdrawal after 14 calendar days (with the exception of High Stakes and Bootcamp), bi-weekly withdrawals, and a profit split of up to 100%.
In order to be eligible for payments, traders must first complete all three rounds of The5ers’ Bootcamp, which is a three-step assessment process. The profit objective is set at 6%, and there is a maximum loss rule of 5% that applies throughout all three periods of review. You are subject to a daily pause of 3% and a maximum loss rule of 4% once you have financed your account. In addition, there are no criteria for a minimum or maximum number of trading days during any of the three rounds of review. Additionally, the Bootcamp program presents traders with a one-of-a-kind scaling strategy that enables them to manage even larger account sizes. When compared to other funding programs within the industry, the Bootcamp program stands out primarily due to the fact that it offers an unlimited trading period, zero minimum trading day requirements, an affordable evaluation fee, a first withdrawal after fourteen calendar days, bi-weekly withdrawals, and a profit split of up to one hundred percent.
The Hyper Growth program offered by The5ers is a direct funding account that provides traders with the opportunity to bypass the evaluation process and begin earning profits right away. There is an initial goal of achieving a 10% profit, along with a daily break of 3% and a rule to limit losses to a maximum of 6%. There are no specific limitations on the number of trades you can make in a day, allowing you the freedom to trade as much or as little as you desire. Hyper Growth also offers a one-of-a-kind scaling strategy, enabling traders to handle larger account sizes effectively.
When it comes to funding programs in the industry, Hyper-Growth truly stands apart. It offers a trading period without any limitations, no minimum trading day requirements, no evaluation phases, and allows for bi-weekly withdrawals once the initial 10% profit target is reached. Additionally, it offers a profit split of up to 100%, making it a unique and attractive option.
The High Stakes program offered by The5ers is a comprehensive evaluation process that traders must complete in two distinct phases in order to qualify for payouts. The desired profit margin for phase one is 8%, while for phase two it is 5%. Additionally, there is a maximum daily loss limit of 5% and a maximum loss limit of 10%. There are no restrictions on the number of trading days you can have during either evaluation phase.
Nevertheless, it is essential to achieve a minimum of 3 successful trading days during each evaluation phase. High Stakes also offers a one-of-a-kind scaling plan, enabling traders to handle larger account sizes effectively. In comparison to other funding programs in the industry, High Stakes distinguishes itself by offering an unrestricted trading period, an initial withdrawal option after 14 calendar days, bi-weekly withdrawals, and a profit split of up to 100%.
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