


Based on authentic user experiences
Padican
6727 reviews
N/A
1 year ago
JUST ANOTHER SCAM
REALLY SORRY TO REPORT THE FOLLOWING For traders trying to be funded by The5ers A case for thought and consideration At the beginning of the year I bought the 20k Bootcamp challenge they offered Instead they gave me a 5k account to be increased by steps the first being after a 6 win Having reached 92 of the amount needed for the next step I received an email that I had violated the Stop Loss rule on my last position Since I always place a S L in my trades and often simultaneously a Trailing Stop as well I immediately replied protesting for the untrue allegation In fact it was a position in XAUUSD 0 04 lot placed with S L and a 120 points TS that was triggered and thus the trade was a successful one And it is common knowledge that mt5 doesn t allow to place TS without having already placed a S L My protest was never answered So I used their Live Chat and explained again what happened The live support person was quite helpful and initiated a ticket for me on that case Later on I received an email from another person replying to that ticket with a new allegation of violation namely the 2 rule As he stated the violation was due to a EURUSD trade where the lot size was 0 25 and the S L large enough to render the risk exposure bigger than the 2 allowed Since I had never placed such a trade I protested again reminding him that the biggest lot size I was allowed by the broker to place was only 0 08 that my average lot size was 0 04 as they very well knew and that I was trading mainly XAUUSD always calculating the lot size in comparison with the S L and the risk always less than 1 As you can imagine I have not received a reply as yet and the violation mention is still figured in my dashboard TRADERS BE AWARE REVIEW UPDATE After two days of waiting The5ers admitted 1 that they had incorrectly flagged the S L violation on my dashboard and 2 that they had falsely alleged the 2 violation because of an internal system error They also removed the mention from the dashboard as well Being satisfied of the result I edit my review from 1 to 3 stars and hope that our cooperation will be smoother in the future
Wasswa Deo
6727 reviews
N/A
1 year ago
The best I ve ever discovered
The time taken to send my second phase account details was almost forever but they are my best prop firm ever nice execution at exact positions not pips later
Ranyking Fx
6727 reviews
N/A
1 year ago
Overall the prop firm is great
Overall the prop firm is great They have good trading conditions and helpful support This would have been the best prop firm if there were no delays and restrictions I completed my challenge on the High Stake account within 2days but was forced to trade the 3rd day just to fulfill the 3 profitable days rule After fulfilling the condition I was asked to wait for 24hrs for login to the phase 2 account It s been over 24hrs and nothing The 14days rule before withdrawal is another pain in the ass Weekly basis would have been ideal in my opinion at least a trader gets to accumulate profit for an entire week and withdraw by weekend This prop firm will be the best if you 1 Remove the 3 profitable days rule 2 Automate login and transition to the next phase Remove the two weeks before payout and do weekly payout
Viet Tran
6727 reviews
N/A
1 year ago
Something in between
I like the spread the most it helps me in reducing the risk but it seems we still have some lagging I a few times faced the situations where I enter the trade in 1 price but it go too far away with another price and lead to insane loss
alastair
6727 reviews
N/A
1 year ago
Bring Back the Old Funded Accounts
As a trader with the 5ers for some time now I was most disappointed that they stopped doing the old instant funding accounts around 3 months ago and have now brought in ones with a 3 daily pause and longer scaling up plan From what was the best prop company back at the start of the year for instant funding there are now many others offering much more lucrative instant funding accounts for the same or less money Please bring the old accounts back again please if you want to be in the top tier again
Andisa Batyi
6727 reviews
N/A
1 year ago
I recently had withdrawal issues
I recently had withdrawal issues they got sorted got the money I d like to appreciate the customer service of a chatbox agent named Michael and the rest of the support team I hope things will be smooth going forward I understand there has been quite number of changes hopefully we ll all adapt quickly to the changes I deleted the poor rating I posted
Low profile customer
6727 reviews
N/A
1 year ago
Seems fine but reply and administrative
Seems fine but reply and administrative side can be slow need to be patient to wait for account to to be given for more than 24 hours after passed despite email said within 24 hours which make me slightly doubtful as my experience isnt the same as described in other comments Still monitoring though Thanks
customer
6727 reviews
N/A
1 year ago
Unavailability of customer s profit
Unavailability of customer s profit once they hit target is really bad Holding them profits for 14days poses the risk of loss to realized profits incase of drawdown whereas the 5 ers usually take their profit split earlier on Perhaps you should make withdrawals instant The timely funding is good
customer
6727 reviews
N/A
1 year ago
new funded
i ve just funded about 2 days ago not making any withdrawal yet so i can t give many feedback overall on trading environment i feel comfortable with this broker
Md Saurav Chowdhury
6727 reviews
N/A
1 year ago
It s my personal experience company and
It s my personal experience company and supports very good The website is too weak server capacity is not good when I try to access my dashboard for more than 10-15 try then I log my account If the company fixes the loading problem I will give you a 5-star review