The Bootcamp program - $95 | The5ers Forex Funding (2024)

The first low-entry-cost challenge


Prove your trading skills first, pay the rest upon success

Bootcamp Benefits

  • Best Funding For Your Buck
  • Scale up your account on every 5% target
  • Up to 100% profit share
  • Bonus after the first step
  • Unlimited time to pass
  • Pay the majority only upon success

Enroll to the Bootcamp Program

Bootcamp stages

Demo trade to show your skills and access a 6-figure funded account

$100,000 Account

$250,000 Account

$20,000 Account

$100,000 Account

$250,000 Account

$20,000 Account

Scaling Plan

Step up every 5% gain

Traders that have started $100K Bootcamp, will get a 75/25 payout ratio from the second stage up until $2M before it is increased.

Traders that have started at $250K Bootcamp, will get a 75/25 payout ratio from the second stage up until $2M before it is increased.

Account BalanceMaximum Loss (4%)Profit Target (5%)Payout Ratio
Start $20k$800$1,00050/50
$25k$1,000$1,25075/25
$30k$1,200$1,50075/25
$40k$1,600$2,00075/25
$50K$2,000$2,50075/25
$60K$2,400$3,00075/25
$80K$3,200$4,00075/25
$100K$4,000$5,00075/25
Start $100k$4,000$5,00050/50
$125k$5,000$6,25075/25
$150k$6,000$7,50075/25
$175K$7,000$8,75075/25
$200K$8,000$10,00075/25
Start $250K$10,000$12,50050/50*
$275K$11,000$13,75075/25
$300K$12,000$15,00075/25
$350K$14,000$17,50075/25
$400K$16,000$20,00075/25
$500K$20,000$25,00075/25
$750K$30,000$37,50075/25
$1M$40,000$50,00075/25
$1.5M$60,000$75,00075/25
$2M$80,000$100,00080/20
$2.5M$100,000$125,000100/0
$3M$120,000$150,000100/0
$3.5M$140,000$175,000100/0
$4M$160,000$200,000100/0

* Traders who started at $100K continue at a 75/25 ratio on this level.

Sign Up To for the Bootcamp Program

Specifications

  • A Stop-loss is required in all positions and orders.
  • The SL in any position must not risk more than 2% of the account balance
  • Opening a position without a SL order, or risking more than 2% of the account balance in a single position, will be considered a risk violation
  • Any account with 5 violations will be automatically terminated
  • Leverage for all accounts - 1:10. Margin requirements applies. Check FAQ's below.
  • News trading is allowed. Except for bracketing strategies.
  • During the Challenge stages, each level will be accessible up to 48 hours after completing the previous level.
  • Holding open trades overnight and over the weekend is allowed. Holding Indices over the weekend carries very high swaps.
  • Accounts without activity for more than 21 consecutive days will be closed.
  • Maximum number of active accounts per trader: 3 ( one $250K account + two $100K accounts). Each account must have a different trading method.
  • The 3% daily pause applies only to funded accounts. Traders can continue trading the very next day at 00:00 MT5 Server Time .
  • First payout 14 days after receiving a funded account, and every 2 weeks after that.
  • The 14-day payout cycle will reset every time you have a new account scaled.

FAQ'S

The $20K account is a time-limited opportunity until Dec 31 at midnight EST.

To get funded, traders must complete 3 steps, each one with a 6% target, starting on a $5K evaluation account.

The cost is $1. There are no extra fees after passing the evaluation phases.

Payments can be made by credit/debit cards.
Crypto and Paypal are not available as payment options.

To get the account, follow this link, select “Bootcamp Program” and pay for the $20K account.

You can only get ONE $20K Bootcamp account.

You should receive your account in up to 24 hours from payment.

In the bootcamp program, you will be able to trade the FX Majors, FX Cross-majors pairs, Gold, Silver, Indices (SP500, UK100, NAS100, DAX40, US30, JPN225), and Crypto.

Specifications can be seen here:
https://the5ers.com/asset-specifications/

The daily pause is a loss protection that helps traders avoid significant losses.

When an account hits the daily pause level, all open trades get closed, and the account remains disabled until the next trading day. (00:00 MT5 Server Time.)

On the Bootcamp program, the daily pause applies only to Funded Accounts.

We care about risk.

Opening a position without a StopLoss order, or risking more than 2% of the account balance in a single position, will be considered a risk violation.

Traders have 3 minutes to cover their trade with a stop loss, If no stop is added by the 3 minute window the trade will be flagged

Any account with 5 violations will be automatically terminated.

If you want to start trading on a live account, you’ll have to pay the rest of the registration fee. We will cover all risks related to the trading activity, but we want traders to pay a token of seriousness, and to help cover technical costs involved in delivering this program.

We use the MT5 platform from MetaQuotes. MT5 offers many more advantages over MT4, and is much more beneficial for your trading results.

The Bootcamp program - $95 | The5ers Forex Funding (1)

You can learn more about the MT5 in this video.

You can use any EA you have in your trading account, as long as the EA sets a SL order in each position, and does not:

– copy trades of other persons signals
– do tick scalping
– perform latency arbitrage trading
– perform reverse arbitrage trading
– perform hedge arbitrage trading
– use emulators
Any accounts using these types of EAs will be canceled, banned, and not refunded.

The SL order has to be visible in the trading platform, so you cannot use a ‘stealth mode’ SL.

Trading will be disabled for EAs from 23:00 to 01:00 GMT+3.

You can hold up to 3 Bootcamp Challenge accounts simultaneously, one $250K account and two $100K accounts.

However, you can not manage the 3 accounts the same way or copy trades from one account to another.
You can use the accounts to trade different strategies on them.

This program is intended for every trader that can show consistent profitability on a demo trading account. Our strict challenge will reward the successful traders with the most powerful funded trading program available today.

It will require consistency, patience, proper risk management, seriousness, exceptional trading skills, and discipline.

In the Bootcamp program, the leverage is set to 1:10.

Each asset group has a different margin requirement affecting the leverage as follows:

Forex pairs- 1:10

Metals- 1:3.3

Indices- 1:2.5

Commodities- 1:3.3

Crypto- 0.20

Sign Up To for the Bootcamp Program

What They Say

Trustpilot

We are here for you

Talk to us, we promise to respond soon.

Sunday – Thursday

07:00 – 17:00 GMT

Fridays

07:00 – 12:00 GMT

Tel

UK: +44 (20) 8068 0793
US: +1 (929) 955 5595

Email

[emailprotected]

Offices:

Headquarters

14 Haroshet st, Raanaa, Israel

UK Office

Enstar House, 168, Praed Street,
London, United Kingdom, W2 1RH

The Bootcamp program - $95 | The5ers Forex Funding (2024)

FAQs

How do I pass a forex funded account? ›

Demonstrate Consistency and Patience. Consistency and patience are the key to success in a funded account challenge. Rather than aiming for big wins, focus on making consistent profits over time. Be patient and disciplined in your trading, avoiding impulsive decisions that can lead to losses.

Is The5ers legit? ›

Is The5ers a scam or safe? The5ers is not a scam but a legitimate proprietary trading firm that offers trading accounts to skilled traders who pass their evaluation process.

Which is the cheapest prop firm? ›

Best cheap forex prop firms
  • FTMO: evaluations starting at $399.
  • TopStepTrader: Challenges starting at $375.
  • T4tCapital: Flexible evaluation options starting at $299.
  • Funded Trading Plus: Starting at $25.
  • Earn2Trade: $99 Mini challenge.
  • True Trading Group: $49 evaluation with a $25,000 virtual account.
Feb 27, 2024

How does forex funding work? ›

Many forex funded accounts are offered by proprietary trading firms. These firms act as financial sponsors and provide traders with the necessary capital, trading tools, and platforms. In return, traders share a portion of their trading profits with the sponsoring firm.

What happens if you lose money on a funded forex account? ›

On a funded account, losing a large amount of money does not mean much. Even if it results in losing your funded account, you can still try to pass the evaluation at the same firm again or just join another one. Ultimately, you do not risk much and do not lose much.

Is forex funded account worth it? ›

Conclusion. In conclusion, funded accounts in forex provide an excellent opportunity for traders to enter the market and showcase their trading skills without risking their own capital. By utilizing a funded account, traders can mitigate their financial risk, access larger trading capital, and potentially earn profits.

Which is the best forex funding companies? ›

Axi Select
  • Axi Select.
  • FTMO.
  • The Forex Funder.
  • E8 Markets.
  • True Forex Funds.
  • The 5%ers.
  • Funded Next.

Is funded trader real or fake? ›

In Conclusion 🌐 Funded trader programs can be a legitimate avenue for traders to access capital and amplify profits. However, like any lucrative opportunity, there are risks.

Which forex is legit? ›

Most Trusted Forex Brokers Comparison
CompanyTrust ScoreYear Founded
Brokers991977
Saxo991992
com991999
Swissquote991996
1 more row

How to get a funded forex account for free? ›

Several trading firms and platforms offer free funded trading challenges that allow traders to demonstrate their trading skills and potentially qualify for funded forex accounts. These challenges typically involve trading simulated or live accounts with virtual funds provided by the platform.

Which prop firm offers instant funding? ›

FTUK is a reputable prop firm with instant funding accounts, which attracts seasoned traders who want to access large trading capital without a lengthy evaluation process. The funding range is from 14k to 5 million USD with a profit share of 80% and maximum leverage of 1:100.

Which prop firm is better than FTMO? ›

FunderPro: FunderPro is the most popular alternative to FTMO. It has a similar two-step challenge process, but the requirements are slightly more lenient. For example, the FunderPro Challenge requires a 10% profit target in 30 days, while the FTMO Challenge requires a 12% profit target.

Does forex pay real money? ›

Forex trading may make you rich if you are a hedge fund with deep pockets or an unusually skilled currency trader. But for the average retail trader, rather than being an easy road to riches, forex trading can be a rocky highway to enormous losses and potential penury.

What is the best funded trader program? ›

Top 5 Best Funded Trader Programs 2024
  1. Bespoke Funding Program. Bespoke Funding Program is a prop firm where traders come together to help each other grow and succeed. ...
  2. Funded Trading Plus. ...
  3. Trade The Pool. ...
  4. The 5ers. ...
  5. Instant Funding.
Mar 15, 2024

Do my forex funds pay? ›

My Forex Funds is a prop trading firm based in Canada. You can get a funded account with up to $2,000,000 in balance and up to an 85% profit split payout. To get access to a funded account you have two options: instant funding programs or a two-phase challenge program.

How long does it take to pass a funded account? ›

In Summary – How Long Does It Take To Become A Funded Trader? In conclusion, it can take around 4-5 months to pass a prop firm trading challenge and become a funded trader. However, it can take much longer than that to become a profitable trader beforehand – which is a necessity.

Can anyone get a funded forex account? ›

While funded accounts are available to traders, not everyone may be eligible. Providers often have specific requirements, such as a minimum level of trading experience, a proven trading track record, or the successful completion of a qualifying evaluation phase.

How to pass a prop firm challenge? ›

Tips for Passing a Prop Firm Trading Challenge
  1. Understand the Rules of Engagement: ...
  2. Master Your Trading Strategy: ...
  3. Risk Management is Non-Negotiable: ...
  4. Leverage Your Analytical Skills: ...
  5. Stay Disciplined and Patient: ...
  6. Continuous Learning is the Key: ...
  7. Embrace Feedback and Adapt: ...
  8. Simulate Real Trading Conditions:
Feb 5, 2024

How to pass the funded next challenge? ›

Traders are required to complete several trading objectives to pass the funding challenge for example, maintaining the drawdown limit, completing the profit target etc. If one of them is violated during the assessment, trader cannot proceed further and they lose their account.

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