The 5%ers Prop Firm Review for 2025: A Comprehensive Guide

Last Updated: August 7, 2025

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The 5%ers (pronounced "The Five Percenters") is a proprietary trading firm that has quickly risen to prominence in the forex trading community. Founded in 2016 by experienced forex traders in Israel, The 5%ers operates a Private Equity Fund model to fund talented traders worldwide.

The company’s mission is to provide a career-building platform for aspiring traders by offering them real capital to trade in exchange for a share of the profits. With an array of funding programs, no time limits on evaluations, and a strong reputation for transparency, The5%ers has become a go-to choice for traders seeking a reliable prop trading firm. In this comprehensive review, we will explore everything you need to know about The 5%ers – from how their funding programs work and what makes them unique, to what traders are saying on Trustpilot and Reddit about their experience with the firm.

Who is this for? If you are an aspiring prop trader (in the US or anywhere globally) looking for a new prop firm to test out, this guide will give you an in-depth look at The 5%ers. We’ll cover all related topics about the brand, ensuring you get a clear picture of its offerings, rules, pros, cons, and overall reputation. By the end, you should have a solid understanding of whether The 5%ers is the right prop trading partner for your trading journey.

What is The5%ers?

The5%ers is a proprietary trading firm (also known as a “prop firm”) that funds Forex and CFD traders with its own capital. In practical terms, this means The5%ers provides traders with funded accounts – you trade their money, and in return, the firm takes a percentage of your profits.

The firm was established by professional forex traders with the vision of creating “an open career-building platform for forex traders”. Unlike traditional financial institutions, The5%ers is not a broker or an investment service; instead, it’s a private fund that profits by finding skilled traders and sharing profits with them.

Headquartered in Ra’anana, Israel (with an office in London, UK), The5%ers serves a global clientele of traders. Notably, it focuses primarily on Forex trading, but also allows trading metals, indices, commodities, and even crypto pairs on its funded accounts. The firm stands out for its trader-friendly approach: live capital from day one, no gimmicky demo phases beyond the evaluation, and clear trading rules designed to be fair and achievable. The5%ers’ core ethos is about growing traders’ careers – they offer a scaling plan to increase account size as traders hit profit milestones, extensive educational resources, and a supportive community.

In the prop firm industry, where many companies have come and gone, The5%ers has built a strong reputation for legitimacy and trust. It’s one of the older prop firms in the market (operating since 2016) and has maintained a 4.9/5 “Excellent” rating on Trustpilot across over 16,000 reviews. This track record gives traders confidence that The5%ers is not a scam, but a reputable firm known for its reliable payouts and fair treatment of traders.

Funding Programs Offered by The5%ers

One of The5%ers’ biggest strengths is the variety of funding programs it offers. They have three main funding models, each tailored to different trading styles, risk appetites, and budgets. No matter what type of trader you are – whether cautious or aggressive, budget-conscious or seeking instant funding – The5%ers likely has a program suited for you. All programs allow you to trade on the MetaTrader 5 (MT5) platform with The5%ers’ proprietary brokerage feed (with tight spreads and low commissions). Importantly, all evaluations come with unlimited time to reach the profit target, removing the pressure of a ticking clock that many other firms impose. Below is an overview of each program:

The Bootcamp Program is The5%ers’ flagship low-cost evaluation model, often described as the “first low-entry-cost challenge”. It’s ideal for traders who want to minimize upfront costs and prove their skills before committing to the full fee. The Bootcamp works as follows:

• Three-Step Evaluation: You progress through three demo trading stages (Step 1, 2, and 3) with increasing account sizes. For example, in the popular Bootcamp track for $100,000 funding, you start with a $25,000 demo account in Step 1, then $50,000 in Step 2, $75,000 in Step 3, and upon success, you earn a funded $100,000 account. The profit target in each step is 6%, and the final funded account requires a 5% target to start scaling. Allowed drawdown is 5% in each step (and 4% in the funded stage). Notably, there is no time limit at any step – you can take as long as needed to hit the targets.
• Low Fees – Pay on Success: Bootcamp’s key attraction is its pricing structure. You pay a small entry fee upfront, and the remainder is only due after you succeed (hence “bootcamp”). For the $100K Bootcamp account, the cost is $95 to join Step 1, and an additional $205 is paid only when you reach the funded stage. This means you’re not heavily out of pocket unless you actually succeed in getting funded. The larger $ 250,000 Bootcamp works similarly (e.g., $225 upfront, $350 upon success). In essence, the motto is “prove your trading skills first, pay the rest upon success.” This structure greatly reduces risk for the trader.
• Scaling and Profit Share: Once funded through Bootcamp, traders enter The5%ers’ growth plan. Every time you gain 5% on the funded account, your account size scales up (5% is the “milestone target” for scaling). For example, a $ 100,000 Bootcamp-funded trader would increase to $ 125,000 after a 5% profit, then to $ 150,000, and so on, eventually doubling to reach a capital of up to $4 million over time. Profit splits for Bootcamp traders start at 50/50 and gradually shift to 75/25 during the early scaling stages. By the time an account reaches $2M, the profit split increases to 80/20, and at the maximum $4M level, traders retain 100% of the profits. Bootcamp participants also receive small bonus credits after certain stages (e.g., a $5 credit after Step 1), which can be used for purchases in The5%ers’ platform.
• Who is Bootcamp for? Bootcamp is ideal for cost-conscious traders and those who prefer a gradual evaluation process. The multi-step process means it may take longer to reach a large funded account, but the flip side is much lower financial risk upfront. If you don’t pass the challenge, your loss is limited to the small initial fee. For many beginners or those skeptical about prop firms, Bootcamp offers a very accessible entry point. The 5%ers even market it as the “best funding for your buck” with a “pay the majority of the cost upon success” approach.
  

The Hyper Growth Program (sometimes referred to as Instant Funding) is a one-step evaluation that provides immediate funded status upon passing. This program has the highest success rate in the industry among instant funding models, according to The5%ers. Here’s how Hyper Growth works:

• One-Step Evaluation: You choose from one of three starting account sizes for the evaluation: $5,000, $10,000, or $20,000. Upon passing the evaluation, your account is instantly doubled, meaning the funded account will be $10,000, $20,000, or $40,000, depending on your selection. The profit target to pass this single-phase challenge is a 10% increase on the evaluation account balance. You must also avoid hitting a 6% drawdown (stop-out) and a 3% daily loss (called a “daily pause”) during the evaluation. Notably, the time limit is unlimited – you can take as long as needed to reach a score of +10%. This lack of pressure contributes to the higher success rates.
• One-Time Fee: The Hyper Growth program requires an upfront fee, with no additional charges thereafter (no monthly fees, etc.). The fee depends on the account size you choose. As of 2025, the fees are $260 for the $5,000 to $10,000 plan, $450 for the $10,000 to $20,000 plan, and $850 for the $20,000 to $40,000 plan. While not cheap, these fees are in line with (or lower than) comparable one-step prop firm challenges for similar funding, and you are paying for the benefit of instant live funding after one stage.
• Immediate Payouts and Scaling: A huge perk of Hyper Growth is that you can withdraw profits from the very first target you hit. The 5%ers don’t make you wait for multiple stages – as soon as you pass the evaluation and are funded, you can start taking profit withdrawals biweekly (the first payout is available after 14 days of being funded). Meanwhile, your account will double in size at each 10% profit milestone as part of the “hyper-growth” scaling plan. For example, a trader who starts with a $20K evaluation will get a $40K funded account after passing; then if they gain 10% ($4K) on the $40K, the account scales to $80K; another 10% ($8K) profit scales it to $160K, and so on, up to a maximum of $4,000,000 in funding. This exponential growth model enables successful traders to achieve seven-figure account sizes in a series of steps.
• Profit Split and Bonuses: During the evaluation phase, profit split is 50/50 (since you’re proving yourself). Once funded, the profit split increases to 75/25 (with the trader retaining 75%) for most levels, and eventually to 80/20 at higher funded levels (above $640K). At the very top ($1.28M and $4M), traders may even negotiate a profit share of up to 100%. Importantly, The5%ers allows profit withdrawals without resetting your account balance – meaning “profit payout is not deducted from the balance to achieve milestones”. This is a trader-friendly policy: you can take your profit out and continue the scaling progression as if the profit were still in the account. Additionally, for each milestone you hit, The5%ers awards cash bonuses in the form of “Hub credits” (e.g. $15 for the first milestone on a $5K plan, $50 for the first milestone on a $20K plan, etc.). These credits can be used to purchase new programs or other services within The5%ers ecosystem, serving as a loyalty reward for performing well.
• Who should choose Hyper Growth? This program is ideal for traders who want to fast-track funding and are confident they can achieve a 10% target without the safety net of multiple phases. It suits a wide range of traders due to the no-time-limit aspect – whether you trade fast or slow, you won’t be rushed. The moderate leverage (1:30 on forex) keeps risk reasonable, and the ability to withdraw profits immediately appeals to those who want to generate income as they grow their account. As one trader put it, with The5%ers’ instant funding, “I risk 0.2% per trade and never have to worry about drawdown… plus you can get paid out whenever you want, which makes it a lot easier to trade full time”. If you dislike multi-step challenges or waiting for payouts, Hyper Growth is an attractive option.
  

The High Stakes Program is The5%ers’ two-step evaluation challenge – a high-risk, high-reward model for confident traders. This program was introduced in response to popular demand from traders who sought a classic 2-phase challenge similar to that offered by other firms, but with The5%ers’ generous twist. High Stakes is characterized by higher leverage, a larger drawdown allowance, and ultimately the highest profit splits (up to 100%) along with a “salary” at top levels. Here’s how it works:

• Two-Phase Evaluation: In High Stakes, you must pass Phase 1 and Phase 2 on a demo account before getting funded. The available starting account sizes are $5,000, $10,000, $20,000, $60,000, or $100,000 for the evaluation. Phase 1 requires an 8% profit target, and Phase 2 requires a 5% profit target. Both phases have no time limit (you can take an unlimited number of days to hit the targets) and have identical risk limits: a Maximum Daily Loss of 5% and a Maximum Total Loss of 10% of the starting balance. You also need a minimum of 3 profitable trading days in each phase (to prevent someone from passing with one lucky trade). These rules are comparable to many industry challenges, with the notable exception of no time constraints, which is a big advantage. However, The5%ers is transparent that this is not an easy challenge – “it is important for traders to know that this kind of program will have a very low passing rate as it encourages high-risk trading”. In other words, if you take High Stakes, brace yourself for a tough test of your skills.
• Cost and Refund: The High Stakes program is relatively affordable to start The 5%ers advertises it as “better entry price in the industry” with packages **“starting from $39. The exact fee depends on the account size. For instance, the smallest $5,000 challenge is about $39; larger ones scale up (the $100,000 challenge is $495, as seen on their site). Here’s the kicker: if you successfully pass both phases, The5%ers will refund your entire fee to your funded account. This means you effectively trade for free if you make it through – your evaluation fee becomes like a deposit that you get back. Moreover, even after Phase 1, they offer an option to earn credit rewards (HUB credits) that can be used later. So, while failing the challenge means you lose the fee, succeeding means you paid nothing in the end (and even got a small bonus).
• Funded Account and Growth: Upon passing Phase 2, you become a “High Stakes Trader” with a funded account equal to the starting size (e.g., pass the $100k challenge, get a $100k funded account). From there, The5%ers provides a High-Stakes Growth Plan. Every time you achieve a 10% profit on the funded account, the account balance will increase according to a set scale, and your profit split will also increase at certain milestones. The growth here is linear up to a cap of $500,000 account balance. For example, a $100k funded account goes to $110k at +10%, then $125k, $150k, $175k, $200k, $250k, $300k, $350k, $400k, $450k and finally $500k with each 10% step. Along this progression, the profit split starts at 80/20 (trader keeps 80%) and improves as follows: once the account grows beyond $175k, profit share becomes 85/15; beyond $250k, it becomes 90/10; and at $350k and above, traders earn 100% of the profits. But that’s not all – at the $350k stage and above, The5%ers also pays a fixed monthly payout (salary) of $4,000, and at the final $500k stage, a $10,000 monthly payout, on top of the 100% profit share. This unique salary feature is a rare offering in the industry, essentially rewarding traders for staying with the firm and managing large capital. The firm highlights this as “monthly salary available” once you reach the top tiers.
• High Leverage & Trading Freedom: The High Stakes challenge gives the most generous trading conditions among The5%ers’ programs. Leverage is up to 1:100 on major FX pairs, which is quite high and enables aggressive trading strategies (by comparison, Hyper Growth offers 1:30 and Bootcamp 1:10 leverage on Forex). You are allowed to hold trades overnight and over weekends, including on indices (though with caution about swap costs). News trading is largely allowed as well – you can keep trades open during high-impact news, but not open new trades in a narrow window around the news releases (a sensible rule to prevent exploiting slippage). There are no restrictions on style: scalping, hedging, algorithmic EAs, etc., are permitted as long as you’re not engaging in illicit tactics like arbitrage (The5%ers lists certain prohibited EA types, e.g., latency arbitrage). Essentially, High Stakes is designed for traders who want maximum freedom and are confident in handling the risk that comes with high leverage and drawdowns.
• Who should choose High Stakes? The High Stakes program is best suited for experienced and confident traders who believe they can hit ~8% and 5% targets without blowing a 10% drawdown – in other words, those willing to take on “high risk for high reward”. It’s marketed as “for the confident trader” and those “willing to achieve a funded account with the industry’s most significant profit split and fastest growth scale”. If you’re enticed by the idea of eventually trading half a million dollars with 100% profit share (plus a salary), and you don’t mind a challenging evaluation, High Stakes is the path. It’s also attractive for value-seekers: the ability to get a full refund on fees makes this essentially a no-cost option if you succeed. The entry price is relatively low (especially at small account levels), making it accessible. Just go in with realistic expectations – The5%ers openly notes the passing rate is low, so this is a true “high stakes” gamble on your trading skill.
  

Trading Rules and Conditions at The5%ers

One reason The5%ers is lauded by traders is its transparent and reasonable trading rules. The firm aims to make its evaluation objectives challenging but fair, and once you’re funded, the ongoing rules are geared toward capital preservation without unnecessarily hindering trading style. Let’s break down the key trading conditions and rules that apply across The5%ers programs:

No Time Limit – Trade at Your Own Pace

Perhaps the most trader-friendly rule of all – none of The5%ers’ programs impose a hard time limit to hit your profit target. Whether it’s Bootcamp, Hyper, or High Stakes, you can take as many days or weeks as needed. This removes the pressure-cooker environment that many other prop firms have (e.g., 30-day or 60-day deadlines), allowing you to trade calmly and according to your strategy. “No time pressure in our funded trader programs” is a key motto; they want you to focus on consistent profitability rather than rushing. Do note that they expect you to remain active – accounts inactive for over 21–30 days may be considered expired (to prevent someone from signing up and not trading at all).

Allowed Instruments

The5%ers allows trading on Forex pairs, Metals, Indices, Commodities, and Cryptocurrencies (crypto may be program-dependent). This covers most instruments a forex/CFD trader would want. There may be an external link for stock trading as mentioned, but in the main programs, you can trade major FX pairs, gold/silver, popular indices (such as US500 and NAS100), oil, and some cryptocurrencies (like BTC and ETH) as CFDs. The asset index is provided on their site. It’s a pretty broad range, enabling multi-market strategies.

Leverage and Margin

Leverage varies by program: Bootcamp uses roughly 1:10 leverage on forex (lower on indices/commodities as shown: e.g. 1:3 on indices), Hyper Growth offers up to 1:30 on forex (metals 1:10, indices ~1:8), and High Stakes offers up to 1:100 on forex (metals ~1:33, indices ~1:25). Essentially, Bootcamp is conservative, Hyper is moderate, and High Stakes is aggressive in terms of leverage. The varying leverage is calibrated to each program’s risk profile.

Drawdown Rules

All programs have a maximum loss limit, which, if breached, results in failing the challenge or losing the funded account. Bootcamp’s max loss is 5% in evaluation phases (4% in funded stage). Hyper’s max loss is 6%. High Stakes max loss is 10%. These are relative to the starting balance (they do not increase as your account grows through profit; effectively, they act like an equity stop).

Additionally, daily loss limits apply. Hyper Growth has a unique “daily pause” at 3% loss – hitting it will disable trading for the rest of the day, but does not terminate the account, allowing you to continue the next day (this is a protective measure). High-stakes daily loss is strictly 5% – exceeding this would result in account violation. Bootcamp’s funded stage has a 3% “daily pause” similar to Hyper. These rules encourage sound risk management.

Some traders on forums have discussed the daily loss being calculated based on equity at midnight (for The5%ers accounts), which can impact overnight traders – for example, a trade opened in profit that retraces overnight could technically trigger a daily loss if not managed. The 5%ers support team can clarify such specifics, and one Reddit user mentioned that support gave clear answers to all rule questions when asked. The bottom line: read the rulebook carefully, but by industry standards, The5%ers’ rules are quite straightforward (no surprise, given the absence of “consistency” rules or profit caps).

Trading Styles and Strategies

The 5%ers prides itself on being accommodating to all trading styles and strategies. “All trading systems are welcome… No restriction on trading style. Swingers, scalpers, you are all welcome.” News trading is allowed, as is holding trades overnight and over weekends (even on funded accounts). This is a significant advantage – many firms prohibit news or weekend holding, but The5%ers explicitly permit it for Forex and Metals (for indices, they allow weekend holding but warn of high swap costs).

Algorithmic trading (EAs) is allowed as well, with a few caveats: you cannot use certain exploitative strategies like tick scalping or latency arbitrage, or copy someone else’s signals directly. Essentially, your trading should be your own and in line with normal market trading – no cheating the system. If you stay within normal behavior, you have a lot of freedom. Traders can even run multiple accounts and copy trade between them (for example, one successful user on Reddit mentioned using a trade copier to manage three funded accounts simultaneously).

The only limitation noted is that if your combined capital across accounts exceeds a threshold (such as $ 500,000 for Hyper Growth), you may be restricted from further copy trading to prevent undue risk concentration. However, for most individuals, being able to trade multiple accounts in parallel is possible, which is beneficial for scaling up total capital. The5%ers allows up to 3 Bootcamp accounts, 4 Hyper accounts, and 3 High Stakes accounts per trader in some combination (the5ers.com).

Platform and Execution

All trading is conducted through MetaTrader 5 (MT5), a widely used trading platform. The5%ers uses its own server (FivePercentOnline-Real) with a commercial liquidity provider feed. This typically means you get tight spreads (from 0.0 pips on majors) and low commissions. Indeed, The5%ers advertises having “the best spreads in the industry”, even providing an investor login for people to verify their live spreads on MT5.

The commission is $4 per standard lot (100k) on Forex and Metals, and zero on Indices, Energy, and Crypto, which is quite competitive. Execution quality is described as high, and they allow standard order types. Essentially, The5%ers aims to ensure that trading conditions on their platform are comparable to those of a good ECN broker, allowing traders to execute strategies effectively.

There are no dealing desk antics reported generally, although one trader did observe some odd price movements around 5 pm EST (daily rollover) on his evaluation, which he suspected might be due to how their feed operates. However, 5pm EST spread widening is common across brokers due to low liquidity at that hour, so it’s not necessarily a red flag.

Payouts and Profit Withdrawal

When it comes to getting paid, The5%ers has a reliable payout policy and flexible options. Funded traders can request payouts as frequently as every two weeks (bi-weekly). In the High Stakes and Hyper programs, it’s noted that the first payout can be taken 14 days after you’re funded, and then anytime thereafter – you are not forced to wait till you hit the next scaling target. This is a major advantage; some firms only pay out at the end of the month or after you reach a new level, but

The5%ers lets you withdraw profits at will. As mentioned, withdrawing does not reset or reduce your account balance for growth calculations. Payment methods for withdrawals include bank transfer and crypto (and possibly a service called Rise or PayPal for some transactions). Many traders have reported smooth and quick payouts – one Trustpilot reviewer noted, “The5ers is the only prop firm that I got my first payout, and it is so quick.”

The 5%ers' transparency and consistency in paying traders have earned them a trustworthy reputation. It’s also worth noting they handle KYC (Know Your Customer) verification for payouts, as required by regulations, but their support helps make that process painless (for example, a user had an issue with KYC and praised The5%ers' support for resolving it within 36 hours).

Support and Rules Communication

The5%ers provides detailed FAQs and even direct support to clarify any rule questions. They publish the program's Terms & Conditions openly on their site for those who want to see all the fine print. If something is not clear, their support team is known to be very responsive – as one Reddit user mentioned, “They reply really fast and the explanations given are accurate” when he asked about rules he didn’t understand. This level of support is crucial in prop trading, where misunderstanding a rule can result in account closure. The consensus is that The5%ers’ rules are clear, with no hidden traps or unfair tricks, and the staff will gladly clarify them.

Overall, The5%ers strikes a balance between risk management (to protect their capital) and trader flexibility. They impose the necessary loss limits and a few sensible restrictions, but otherwise give traders the freedom to trade and ample time to succeed. This is a significant reason why many consider The5%ers to have “trader-friendly policies”. The rules are straightforward enough that you can focus on your strategy rather than “gaming” the evaluation.

What is The 5%ers Reputation?

No review would be complete without looking at what actual traders are saying about The5%ers. The brand enjoys an excellent reputation in the prop trading space, which is reflected in both formal reviews (Trustpilot, industry blogs) and informal discussions (Reddit, trading forums). Below, we summarize the general sentiment and highlight common praises or complaints about The5%ers.

The 5%ers Trustpilot Reviews – 4.9/5 Excellent (16,000+ reviews)

The5%ers’ Trustpilot page is a treasure trove of positive feedback. With over 16,000 reviews and an average rating of 4.9 out of 5, The5%ers is one of the highest-rated prop firms on that platform. According to Trustpilot’s summary, “Reviewers overwhelmingly had a great experience with this company”. Customers frequently applaud:

• Excellent Customer Service: Many reviews highlight the staff's responsiveness and helpfulness. For example, traders talk about support resolving issues quickly – “the support team was able to resolve [my KYC issue] in less than 36 hours”. There are stories of The5%ers being fair and understanding; one user admitted to making an administrative mistake but noted “they didn’t rush to shut down my account because of it”, appreciating the firm’s professionalism and fairness.
• Clear and Transparent Rules: Traders value straightforward evaluation rules and profit targets. One theme is that The5%ers’ rules are “clear and achievable”, allowing traders to focus on strategy rather than fighting the rules. The absence of a time limit is a significant benefit – it’s mentioned that the programs are “straightforward and trader-friendly, which allows [traders] to focus on their trading strategies” (trustpilot.com).
• Smooth Payouts and Processes: Numerous reviews come from traders who have received payouts or gotten funded. They often express pleasant surprise that everything was “smooth so far” and “no issues at all – everything is working...” once funded. One reviewer explicitly stated that The5%ers was the first firm to actually pay them out quickly, which implies that some competitors might have failed them in that regard.
• Overall Satisfaction: A whopping 93% of reviewers give 5 stars, which is almost unheard of. The few lower ratings sometimes cite issues such as waiting for a payment or personal trading frustrations, but The5%ers has replied to 92% of negative reviews, attempting to resolve them – demonstrating a proactive approach. Trustpilot even shows that The5%ers holds a “claimed profile” and an active subscription, indicating they are engaged and transparent on that platform.
• To quote Trustpilot’s AI-generated summary: “Customers appreciate the excellent customer service… clear and transparent evaluation rules… The support team is consistently praised for being quick, professional, and always ready to assist,”. Minor mixed feedback was noted on payment processes by a few (perhaps referring to some delay or method issues), but the overwhelming tone is very positive.
  

The 5%ers Reddit and Forex Forums Reputation

On Reddit (particularly subreddits like r/Forex and r/propfirmreviews), The5%ers is frequently discussed. The consensus among seasoned community members is that The5%ers is a legitimate and respected firm. In one thread asking “Do you trust prop firms like the5ers?”, users pointed out that “5ers are one of the better firms out there”. Experienced traders often note that The5%ers has been around a long time and hasn’t had scandals like some newer firms.

Some anecdotal highlights from Reddit:

• A trader shared, “I trade 3 instant funding accounts with the5ers, they are amazing... One of the best prop firms in the industry plus you can get paid out whenever you want.” This person was maximizing The5%ers by running multiple Hyper Growth accounts in parallel (using a copier) and praised the flexibility and scaling potential (he mentioned you could theoretically manage up to $12 million if you max out three accounts to $4M each).
• Another user on Reddit described getting funded with a High Stakes account. They noted the trading conditions, stating that the only odd thing they observed was at daily rollover spreads (5:00 p.m. EST), which we had previously discussed. They ultimately decided prop trading wasn’t for them, but did not accuse The5%ers of anything bad – they got funded and had no payout issues, just personal choice to stick to their capital.
• There are a few critical voices, too (as with any firm). One Redditor complained that the daily loss is based on midnight equity, potentially stopping swing trades. They felt that this rule forced cutting winners short and opined that it suggested the firm prioritized challenge fees. However, other community members and The5%ers’ defenders would argue that the rule is simply to prevent excessive overnight risk, not to sabotage traders. In any case, such critiques are relatively rare compared to positive posts.
• Generally, no one serious has accused The5%ers of being a scam. On the contrary, many recognize it as one of the most trusted prop firms, especially given its longevity and consistent payouts. External reviewers often list The5%ers in top rankings: for example, ForexPropReviews awarded The5%ers “Most Trusted Prop Firm” in April 2024 and “Global Prop Firm of the Month” in the same month, underscoring the community trust it commands.

In summary, The5%ers have an excellent reputation. The firm is generally seen as legitimate, reliable, and worth the money. Traders frequently recommend it, especially to those who value a supportive environment and sensible rules. It’s often compared favorably to other top prop firms, such as FTMO or MyForexFunds. Some traders have preferences (e.g., those who want higher leverage in one phase might choose another firm), but when it comes to trust and overall quality, The5%ers is in the top tier. As one Trustpilot reviewer succinctly put it: “If you’re looking for a reliable prop firm, The5%ers is a great choice”.