Prop trading firm founded in 2016 offering multi-asset challenges scaling up to $4M
The5ers is an online proprietary trading evaluation firm founded in 2016 that provides funding programs across crypto, forex, commodities, indices, and equities. Qualified traders can scale funded capital up to $4,000,000 across varied evaluation tiers.
The firm was created in 2016 by Gil Ben Hur, a former advertising copywriter and television producer who transitioned into full-time forex trading in 2007. Saul Lokier serves as chief executive officer, bringing over 15 years of industry experience and prior leadership at Apiary Fund. Headquartered in Ra'anana, Israel, the company employs 171 staff members across 24 countries.
Traders can select from multiple funding tracks, including 1 Step Pro Trader, the multi-phase Bootcamp Program, Hyper Growth, and High Stakes. The 1 Step Pro Trader path features a 10% scaling target, a 6% maximum overall loss, a 3% maximum daily loss, and 1:100 leverage with a 75% profit share. The Bootcamp model uses three evaluation stages with 6% targets and 5% static drawdown limits. In October 2026, the firm expanded beyond forex, crypto, and indices by adding 57 single-stock equity tickers to its Pro Growth and Bootcamp tracks. TradingView is integrated directly into the proprietary client hub for chart execution.
Evaluation fees start at $249 for the 1 Step Pro Trader account, while Bootcamp offers entry-level pricing such as a $100K challenge for $149. The 1 Step program includes a fee refund starting from the third payout, with a minimum withdrawal threshold of $250. Payout methods include Skrill, and users in supported regions can split entry costs using PayPal Pay Later. Payout shares range from 50% up to 100% depending on the chosen plan and tier progression.
The firm reports having served over 262,000 pro traders and distributed over $43,000,000 in user payouts through late 2025. Traders operate on simulated capital. Payout eligibility requires strict compliance with daily drawdown limits and stop-loss rules. News-trading restrictions also apply around high-impact events on select models like High Stakes.
Former advertising copywriter and television producer who became a full-time forex trader in 2007.
The5ers offers flexible multi-tier scaling up to $4 million and a decade-long operating track record, but strict risk rules and news restrictions can limit fast-paced trading strategies.
Founded in 2016 by Gil Ben Hur and based in Ra'anana, Israel, The5ers is one of the longest-running prop trading firms in the retail industry. The firm has onboarded over 262,000 traders and distributed tens of millions in payouts, maintaining operations with a team of around 171 staff across 24 countries. It provides access to forex, commodities, indices, crypto, and select equities.
Traders can select between multiple evaluation models, including the 1 Step Pro Trader program, the low-cost three-phase Bootcamp challenge, and the two-phase High Stakes program. Evaluation accounts offer account scaling that reaches up to $4,000,000 through profitability milestones. In the 1 Step Pro Trader challenge, available for a $249 fee, traders operate with 1:100 leverage, an unlimited trading period, a 6% maximum loss limit, and a 3% daily drawdown limit. Profit splits range from 75% on standard single-step models up to 100% on select scaling tiers, with minimum withdrawals set between $150 and $250.
Trade-offs center on strict operational and risk controls. High Stakes accounts ban trade execution around high-impact news releases, between two minutes before and after the event. Mandatory stop-loss rules apply across programs, and the 1 Step Pro Trader model lists a 50% per-day consistency condition. High Stakes restrictions can limit news-driven trading.
| Evaluation | 1-step, 2-step, 3-step, Instant funding · unverified |
|---|---|
| Account sizes | Up to $250,000 (scales up to $4,000,000) · unverified |
| Challenge fee | From $149 · unverified |
| Profit split | 75% to 100% · unverified |
| Daily drawdown limit | 3% · unverified |
| Maximum drawdown | 5% to 6% · unverified |
| Payout frequency | Bi-weekly · unverified |
| Payout methods | Skrill, Crypto · unverified |
| Trading platforms | TradingView, The5ers Hub · unverified |
| Markets | Crypto, Forex, Indices, Commodities, Stocks · unverified |
| KYC required ⓘ | Yes · unverified |
Not disclosed by the provider: Crypto leverage, Restricted countries.
Data from the provider's website and public sources. Fees and availability change; confirm on the official site before you sign up.
Successful traders can systematically scale funded capital from initial challenge sizes up to $4,000,000 based on profitability milestones.
Offers a single-tier evaluation with unlimited trading duration, 1:100 leverage, a 6% maximum loss limit, and a 75% profit share.
Provides a low upfront cost evaluation spanning three phases with 6% targets and 5% static drawdown limits.
Enables charting and performance tracking directly from the dashboard via TradingView tools.
Supports trading across crypto pairs, forex, indices, commodities, and 57 major equity tickers.
Challenges feature no strict calendar expiration deadlines, requiring only an active trade every 30 days.
A single-step challenge program with a 6% maximum loss, 3% daily loss limit, 1:100 leverage, and a 75% starting profit split.
A low-cost three-step evaluation track structured with 6% profit targets per phase and a 5% static drawdown limit.
A two-phase evaluation challenge featuring distinct scaling tiers and news-trading restrictions around high-impact economic events.
A proprietary evaluation program focused on direct account scaling and fast-track capital increases.
The central user dashboard providing performance analytics and native TradingView chart integration.
An on-demand educational hub hosting courses on risk management, technical analysis, and trading psychology.
User feedback is heavily mixed, with significant promotional chatter offset by serious accusations regarding withheld earnings and account terminations. While some traders recognize the platform's long track record and low evaluation costs, others complain about denied payouts following intrusive strategy interviews.
“The5ers Discount Code — PROPFT for 10% Off the Oldest Name in Funded Trading (2026) **The5ers Discount Code — PROPFT for 10% Off the Oldest Name in Funded Trading (2026)** Most prop firms in your feed didn't exist three years ago, and a chunk of them won't exist next year.”
“@the5ers.com para aquellos que quieran invertir, esta es la mejor firma que hay con evaluaciones de bajo costo en el trading solo pagan las evaluaciones y estan dentro pueden operar con el capital de alguien mas no el propio”
“I just in fact got a response from them, let me paste it here. they are threatening to terminate and deny my payouts if I share anything (they already did) lol Dear Karan, Thank you for your response and for sharing your perspective regarding the interview process.”
“The5ers - another prop firm pulling the rug? I was always under the impression that the5ers were somehow a legit prop firm, at least they managed to keep their negative reviews at an acceptable level.”
Based on 62 Reddit posts and comments from the last 12 months, checked Oct 23, 2026. These are posts by users on other sites, not reviews submitted on CryptoReview.
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The5ers was founded in 2016 by Gil Ben Hur, an independent trader and former television producer.
The firm offers the 1 Step Pro Trader evaluation, the three-phase Bootcamp program, High Stakes, and Hyper Growth funding tracks. These accounts scale up to a maximum balance of $4,000,000.
The 1 Step Pro Trader program sets a maximum overall loss of 6% and a maximum daily loss of 3%. Accounts also have an overall 10% profit target for account scaling.
Overnight and weekend holds are permitted across programs, but news trading is restricted in the High Stakes challenge from two minutes before to two minutes after high-impact events.
The5ers processes payouts via multiple payment methods, including direct integrations with Skrill, with minimum withdrawals starting at $150 to $250 depending on the challenge.
Recent public posts from @the5erstrading, shown as published. Not reviewed or endorsed by CryptoReview.
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