Reviews on Top Prop Firms

We rely on our personal experiences and gather insights from online research

The 5%ers’ Funding Traders & Growth Program, established in 2016 and headquartered in Ra’anana, HaMerkaz, Israel, is designed to foster skill enhancement and provide a rich learning experience within a professional and rewarding trading environment.

Instant Funding: 10% profit target, 6% max loss, no day limits.
High-Stake Challenge: Two phases, 8% and 5% profit targets, up to 100% profit splits.
Bootcamp Funding: Demo stages to live trading, scaling.
Freedom: No trading day limits, holiday trading, overnight positions.
Platforms: Diverse options for all skill levels.
Education: Comprehensive resources.
Discounts: 14-day free trial, 20% off first Combine subscription.
Inclusive: Supports various traders and styles.
Transparency: Clear rules, evaluation process.
Updates: Ongoing platform improvements.
Growth: Monthly salary on scaling, scaling options.
Learning Focus: Practical, learn-by-doing approach.

The5%ers, a renowned proprietary trading firm, offers an array of funding programs designed to empower traders of varying expertise levels. Let’s delve into the diverse opportunities they provide

For traders seeking rapid growth, The5%ers’ Instant Funding Programs set the stage. These programs boast a 10% profit target, accompanied by a responsible 6% maximum loss rule.
An added layer of mindfulness is introduced with a 3% daily pause rule, encouraging traders to approach the market thoughtfully.
Overachieving profit targets doubles your account balance and unlocks scaling opportunities, extending up to an impressive $4,000,000.
Notably, there are no minimum or maximum trading day requirements for scaling, providing traders with a welcome dose of flexibility.

The High-Stake Challenge presents an engaging two-phase evaluation journey. Traders strive for profit targets of 8% and 5% in phases one and two, respectively.
These targets are both ambitious and attainable, thanks to the 5% maximum daily and 10% maximum loss rules in place.
Successful traders can reap substantial rewards with profit splits ranging from 80% to an impressive 100%. Furthermore, the potential for additional earnings in the form of a monthly salary comes into play upon scaling to specific levels.

The Bootcamp Funding Program offers a unique progression path through three demo stages before venturing into live trading.
Secure profit splits and scaling opportunities by hitting the 5% profit target, gradually advancing your account balance toward the remarkable $4,000,000 threshold.
Enjoy the freedom to trade without the constraints of minimum or maximum trading day requirements.

The5%ers solidifies its position as a premier option for traders seeking a prop firm with clear-cut rules and a history of success. Their commitment to accommodating programs, along with their impressive track record, places them as a strong contender among proprietary trading firms. It’s evident that The5%ers stands tall as one of the industry’s leading prop firms.

In summary, The5%ers stands as a reputable and versatile proprietary trading firm, providing traders with a diverse range of funding programs: Instant Funding, the High-Stake Challenge, and the Bootcamp Challenge.

Instant Funding Programs:
– Traders target a 10% profit without exceeding the 6% maximum loss, with consideration for the 3% daily pause rule.
– Reaching profit targets doubles the account balance, allowing for account scaling with each subsequent 10% profit target.
– No maximum or minimum trading day requirements for scaling up to a maximum balance of $4,000,000.

High-Stake Challenge:
– Follows the industry-standard two-phase evaluation with realistic profit targets of 8% in Phase 1 and 5% in Phase 2.
– Adheres to sensible trading objectives with a 5% maximum daily and 10% maximum loss.
– Offers attractive profit splits ranging from 80% up to 100%, with additional monthly salary incentives for reaching specific scaling levels.

Bootcamp Funding Program:
– Requires completion of three demo stages before accessing live trading stages, allowing for profit splits and further account scaling.
– Withdraw profits upon reaching a 5% profit target, scaling the account to a higher balance of up to $4,000,000.
– No maximum or minimum trading day requirements for the Bootcamp program.

In my recommendation, The5%ers is an excellent choice for traders seeking a proprietary trading firm with clear, straightforward rules, and a range of funding programs. As a well-established entity, it offers favorable conditions for a diverse pool of individuals with unique trading styles. After a comprehensive evaluation of The5%ers’ offerings, it undeniably stands out as one of the industry-leading prop firms.

Instant funding with up to $20,000 in real capital.
Immediate profit splits, with a 50% payout during Level 1 evaluation.
Fast account scaling: 4x initial balance on reaching a 6% profit target, then doubling on 10% profit targets.
No minimum trading days required to meet profit targets in Level 1 accounts.
Flexible trading rules: hold positions overnight, over the weekend, trade news, any style, and EA use is allowed.
Extensive trader support: daily trading rooms, webinars, educational videos, psychology courses, and one-on-one coaching.
Hassle-free profit payouts with no complex procedures.

Payouts are 50%, lower than some competitors like FTMO, but come with instant capital.
The firm offers relatively low leverage compared to others, ranging from 1:10 for low-risk accounts to a maximum of 30:1 for Aggressive Accounts.
Limited trading instruments: Only forex, metals, and indices are available; no shares, cryptocurrencies, or futures are offered.