The5ers High Stakes 2-Step (Classic, 8/5) - Summer Plan $200K

The5ers High Stakes 2-Step (Classic, 8/5) - Summer Plan $200K is a 2-Step challenge from The5ers on a $200K account. It costs $279, and the fee is refundable under the firm's conditions. Here are its rules in plain English, from our database row last checked against The5ers' official pages on 3 November 2026.

What you need to pass

• Profit target: 8% ($16,000) in phase 1, then 5% ($10,000) in phase 2.
• Daily loss limit: not confirmed in our data; check the firm's rules page.
• Maximum drawdown: 10% ($20,000), a static limit: the floor is fixed below your starting balance and never moves up.
• Minimum trading days: none stated in our data.
• Time limit: Unlimited.

Trading rules

• Consistency rule: 50%.

What it means in practice

As an illustration, risking 1% of the account per trade ($2,000) gives you room for 10 full losses before the maximum drawdown. Many traders size smaller, around 0.25–0.5%, so a bad day can't end the account. Use our position size calculator to turn a dollar risk into lots or contracts.

Because the floor is fixed, every dollar of profit adds to your room. That makes the start of the challenge the riskiest part.

Other details

Summer Plan $200K High Stakes (8/5), $279, 'Limited Time Only', no end date. Official page states 80/20 split, no scaling, $3,000 cap per payout cycle, $250 min withdrawal, 50% daily consistency. Daily loss and max loss are not stated for the $200K plan (the 3% EOD wording on the page is given for the $100K 1-Step and 2-Step summer plans), so daily loss left blank: check the5ers.com.

Related guides

• The5ers programs explained
• Consistency rules explained
• One-step vs two-step challenges
• Full The5ers review

Prop firms change rules and prices often. Confirm the current terms on The5ers' official page before you buy.