Is The5ers Legit?

Short answer: The5ers is a real company with a UK registered office, a named founder and published rules. It says it has operated since 2016. It states that it is not a broker and that evaluation balances are fictitious. Its main weakness is complexity: several plans with different rules. This page sets out what The5ers itself discloses.

Who runs The5ers

The5ers (also written The 5%ers) gives these details on its about page and site footer:

• Operating company: Five Percent Online Ltd, registered in the UK, company number 12553363.
• Registered office: Enstar House, 168 Praed Street, London, W2 1RH, United Kingdom.
• Founded: 2016, per the site.
• Leadership: Gil Ben Hur is named as founder and CEO.
• Staff: the site lists 171 employees in 24 countries.

A UK company number is useful. You can look it up on the UK's public Companies House register and see filings and officers yourself. A registered office is not always where staff work, so treat it as a legal address.

How the business model works

The5ers sells evaluations. You pay a fee, trade a simulated balance and try to reach a target without breaking the loss limits. Pass, and you move to a funded stage where you earn a profit share.

The5ers says it "operates as an evaluation and training platform for traders." Its footer adds that "the simulated balance provided for evaluation purposes is fictitious" and "does not represent real currency or deposited capital." The about page also says earning a Pro account "is not guaranteed."

Entry prices vary by program. Bootcamp starts at $22 for Step 1 on a $5,000 balance, plus $50 at the funded stage. Hyper Growth starts at $52 for $5,000. The $100K 2-Step plan costs $149 or $179, depending on the version. No evaluation has a time limit, but accounts inactive for more than 30 days expire.

Payout terms and what The5ers publishes

Payout rules depend on the plan. For High Stakes, the most common program:

• Funded traders can request a payout every 14 days.
• The minimum withdrawal is $150.
• Each account size has a per-payout cap. On $100,000 High Stakes it is $4,000, with a $500 minimum profit.
• The split starts at 80% and rises with scaling, up to 100% from $350,000.
• The fee comes back in stages: 10% and 20% as Hub Credit after each step, and 70% with the first payout.

Other plans differ. The $100K 2-Step plan and the 1-Step pay 75% with a $2,000 cap per cycle. Check the rules page for your plan.

On proof of payment, The5ers' homepage cites "262K Pro Traders" and "10 Years Active". It also shows trader testimonials with individual payouts. Its payout counters did not load when we checked, and we found no total-paid figure on its pages. These are the firm's own figures, which we cannot audit.

Is The5ers regulated?

No. The5ers does not claim a financial licence. Its site says the company "is not a broker, custodian, exchange, financial institution, trading platform, fiduciary, or investment fund." It also says it does not provide financial services or hold client deposits.

That is typical for prop firms. It means there is no broker-style compensation scheme behind your fee. Your protection is the contract and the firm's conduct. Read our guide on whether prop firms are legit for the wider picture.

Rules that cause most disputes

Complaints about prop firms usually come down to rules the trader overlooked. At The5ers, read these carefully:

• Daily loss differs by plan: 5% on High Stakes, 3% on the $100K 2-Step plan, 1-Step and Hyper Growth, and none during Bootcamp steps.
• Pages can disagree: The5ers' 2-Step FAQ and its High Stakes page list different daily limits. Hyper Growth's split also differs between two official pages.
• News window: on High Stakes, you cannot execute orders from 2 minutes before to 2 minutes after high-impact news. Profits in that window are deducted.
• Consistency: the 1-Step applies a 50% per-day rule; the $100K 2-Step plan applies one on the funded account.
• Payout caps: large profits are paid out over several cycles, not at once.
• Inactivity: 30 days without activity ends the account.

Our The5ers programs guide and prop firm rules pages break these down by plan.

Red flags checklist

Check for these at The5ers or any firm, on the day you buy:

• No company number or legal address you can verify.
• Rules that conflict between pages, with no written answer from support.
• Payout caps, minimums or timing that are not stated.
• Claims that you trade real capital, or promises of steady income.
• Rule changes applied to accounts already bought.
• A cluster of recent reviews describing unexplained payout denials.

How to protect yourself

• Match the plan name at checkout to its rules page before you pay.
• Screenshot the rules, price, split and caps on the day you buy.
• Ask support in writing where two pages disagree.
• Look up the company number on Companies House.
• Start with a low-cost plan and test a payout before scaling.
• Use our prop firm challenge checklist as a final check.

For our full verdict, see the The5ers review.

Common questions

Is The5ers a scam?

We found no basis to call it one. It names its operating company, founder and registered office, and it publishes its rules. Like any firm, it can refuse rewards for rule breaches, so read the terms for your plan.

Where is The5ers based?

Its operating company, Five Percent Online Ltd, is registered in the UK with a registered office in London. The site says staff work across 24 countries.

Does The5ers give you real money to trade?

No. The5ers states that evaluation balances are fictitious and do not represent real currency or deposited capital. You earn a profit share based on your results.

Is The5ers regulated by the FCA?

The5ers does not claim FCA or any other financial licence. It states that it is not a broker or financial institution.

Related reading

• Are prop firms legit? How to check a firm before you pay
• Prop firm challenge checklist
• Prop firm payout rules explained
• Prop firms with no time limit

Company details, fees and rules were checked on The5ers' official pages on 3 November 2026. Terms change, so confirm current details on the5ers.com before you buy. This is educational content, not financial advice. Trading involves risk.