The 5ers account types and differences is a variety of account types that are tailored to suit varying skill levels and trading methods, the firm provides traders with a unique option to trade with invested capital. The5ers is an Israeli proprietary trading firm that was established in 2016 and is led by CEO Saul Lokier. This article will examine The 5ers account types and differences.
Overview of The 5ers Account Types
The5ers offer three main account types, each of which can accommodate varying trading experience levels and financial objectives:
- Boot Camp: Made for Beginners
- Hyper Growth: Aimed at Skilled Traders
- High Risk Task: For Advanced Traders
Bootcamp Account
The Bootcamp is a thorough three-step assessment program designed especially for beginners. The characteristics of the bootcamp account include:
Phased Evaluation Process
The first stage begins with $25K in trading capital.
Modest goal of 6% profit with a maximum loss of 5%
Gradual capital progression:
- Phase 1: $25K
- Phase 2: $50,000Ā
- Phase 3: $75,000
- Final funded account: $100K
Features Of Bootcamp Account:
- Three-phase assessment scheme
- Starting capital of $25k and will grow to $100K.
- 5% maximum loss with a 6% profit aim
- $195 for a $100K account is a partial upfront payment.
- Twelve months time limit to finish the stages
- 1:10 leverage
- Every trade requires a stop-loss.
Structure for Profit Split:
- For the first 5% earned, 50/50
- Increases in the traderās favor to 75/25
- At a $2.5 million account size, a 100% profit split is achieved.
Unique Cost Structure
- Low initial investment (for example, $95 for a $100K account)
- Partial payment upfront
- The remaining balance is due only upon successful funding.
Opportunities for Scaling
- Every time profit goals are reached, the account grows by 25%.
- Possibility of growing to $4 million
- Higher account levels at 100% profit splits
Hyper Growth Account
The quickest route to funding with aggressive scaling is provided by the Hyper Growth program:
Features Of Hyper Growth Account:
One-step assessment
- 10% target profit
- 6% maximum loss
- 3% pause mechanism per day
- 1:30 is the leverage.
- No minimum standards for trade
Advantages:
- Each 10% profit doubles the account.
- Reaches a $1.28 million profit split of 100%.
- The quickest route to trading with funds
One-Step Evaluation
- 10% profit goal
- 6% stop-out level
- 3% daily pause mechanismĀ
Aggressive Account Scaling
- When profit targets are met, the size of the account doubles.
- There is a potential to reach $4 millionĀ
- After $1.28 million is attained thereās 100% profit splits.
High Stake Challenge
An additional path to funded trading is offered via the High Stakes Challenge:
Structure of Refundable Fees
- The range of account sizes is $5,000 to $100,000.
- Fees from $39 to $495Ā
- Upon successful funding, the signup fee is fully refunded.
Trading SpecificationsĀ
Instruments Supported
Trading is available in:
- Forex: Every significant currency combination and cross
- Metals: Silver and gold are metals.
- Indices: NAS100, US30, DAX30, UK100, and JPN 225.
Technical Details and Platform
- Trading Platform: MetaTrader 5 (MT5) hedge
Use leverage:
- Accounts with low risk: Up to 1:10
- Aggressive Accounts: Maximum 1:30
Spreads:Ā
- 0.2 pips for EUR/USD
- Variable spread structure
Commission: $4.5 for each lot
Comparative Benefits
Advantages:
- Flexible account types
- Little initial outlay of funds
- Opportunities for aggressive scaling
- Real capital trading
- Several evaluation paths
Disadvantages:Ā
- Not accessible to US traders
- Restricted selection of instruments
- Relatively low initial leverage
- Payout beginning at around 75%;Ā
Pricing OverviewĀ
Bootcamp Pricing
$100,000
- Upfront Cost: $95
- Balance if Funded: $205
$250,000
- Upfront Cost: $225
- Balance if Funded: $350
Hyper Growth Pricing
- Account Size: $10,000
- One-Time Fee: $260
- Account Size: $20,000
- One-Time Fee: $450
- Account Size: $40,000
- One-Time Fee: $850
In conclusion
For traders looking for funded accounts, The5ers offers a full ecosystem with numerous access points and expansion prospects. The organization makes professional trading more accessible by accommodating traders of all skill levels with a variety of account types and creative evaluation procedures.
Frequently Asked QuestionsĀ
1. Which Account Is Best for Me?
- Beginners: Bootcamp
- Expert Traders: Hyper Growth
- Advanced Traders: High Stakes ChallengeĀ
2. Platforms and Technical Indicators
- MetaTrader 5 (MT5) Hedge.Ā
- The commission is $4.5 for each lot.
- EUR/USD spreads starting at 0.2 pips
3. Which Account Types Are Available on The 5ers?
Three different account categories are offered by The5ers to accommodate traders with varying degrees of experience:
- Bootcamp
- Hyper Growth
- The High Stakes ChallengeĀ