The5ers Prop Firm Details

Summer Plan 1-Step:

• A 50% best-day consistency rule applies during the Evaluation and Funded stages.

Summer Plan 2-Step:

• A 50% best-day consistency rule applies during the Funded stage.

Prohibited Practices

Bulk trading:

• Bulk trading, is when multiple trades are open simultaneously.

Bracketing strategy:

• Bracketing strategy by opening pending orders around high-impact news. This involves placing opposing buy-stop and sell-stop orders close to the current price before the announcement.

One-sided bets:

• One-sided bets, where a trader consistently takes positions in only one direction.

Find out more: Other prohibited practices

Risk Limit

Trading Risk Management:

• Opening positions or numbers of positions substantially larger or smaller than a trader's normal trading activity, including changes between Evaluation and Funded stages, may violate the firm's risk-management requirements.
• Overleveraging or building excessive exposure to one instrument or correlated instruments is prohibited.
• Gambling-style trading, disproportionate position sizes and excessive risk concentration are prohibited.

Trading Conditions

News Trading:

• High Stakes & Summer Plan: Executing orders from 2 minutes before until 2 minutes after high-impact news events is prohibited. Pending orders triggered during this period are also restricted.
• Hyper Growth, ProGrowth & Bootcamp: News trading is permitted, but bracketing strategies around news events are prohibited.
• Violations: Profits from prohibited news executions will be deducted, while any losses remain the trader's responsibility.

Copy Trading:

• Copy trading between your own accounts is permitted. However, once your total managed capital reaches $500K across all programs and accounts, copying trades between accounts is no longer permitted.
• Bootcamp: Each active Bootcamp account must use a different trading strategy.

Expert Advisors (EAs):

• Expert Advisors are permitted, provided they do not employ prohibited trading strategies.
• Traders must own the EA's source code. Third-party signal copying, latency arbitrage, hedge arbitrage, reverse arbitrage, tick scalping and high-frequency trading EAs are prohibited.
• Stop Loss orders must be visible on the trading platform; stealth-mode Stop Loss is not permitted.

IP Address and Device Usage:

• Multiple devices and IP addresses are permitted, provided they originate from the same primary location.
• Executing trades from two different IP addresses simultaneously is prohibited.
• The compliance team may request clarification regarding IP address usage.

Inactivity Rules:

• High Stakes: Evaluation accounts expire after 30 consecutive days without trading activity; Funded accounts expire after 60 consecutive days.
• Hyper Growth, ProGrowth, Bootcamp & Summer Plan: Accounts expire after 30 consecutive days without trading activity.

Overnight and Weekend Holding:

• Overnight and weekend holding is permitted.

Shared across all programs

• Payout Frequency: Withdrawals are available every 14 days. The 14-day cycle resets when an account scales.

Withdrawal Methods & Fees:

• Rise, Cryptocurrency and Bank Transfer: 3.5% withdrawal fee. Bank transfers may incur additional receiving-bank fees.
• Cryptocurrency withdrawals are limited to $1,500 per transaction.
• Hub Credits and Trader Set Go(TSG): No withdrawal fee. Hub credits can only be used to purchase new accounts.

High Stakes:

• Profit Split: Starts at 80%, increasing up to 100% through the Scaling Plan.
• Minimum Withdrawal: $150 after the profit split, subject to account-specific minimum profit requirements.
• Payout Limits: $50K accounts have a $3,000 payout cap and require $300 minimum profit. $100K accounts have a $4,000 payout cap and require $500 minimum profit.
• Refundable Fee: 10% Hub Credit after Phase 1 and 20% Hub Credit after Phase 2. The remaining 70% of the eligible externally paid fee is refundable with the first qualifying payout.

Hyper Growth:

• Profit Split: Starts at 50%, increasing up to 100% through scaling.
• Minimum Withdrawal: $150.
• Refundable Fee: The program fee is non-refundable.

ProGrowth:

• Profit Split: Starts at 75%, increasing up to 100% through scaling.
• Minimum Withdrawal: $150.
• Refundable Fee: The program fee is non-refundable.

Bootcamp:

• Profit Split: Starts at 50%, increasing up to 100% through scaling.
• Minimum Withdrawal: $150.
• Refundable Fee: The program fee is non-refundable.

Summer Plan 1-Step:

• Profit Split: 75%
• Minimum Withdrawal: $250.
• Payout Cap: $1,000 per cycle for $50K accounts and $2,000 for $100K accounts.
• Refundable Fee: 10% of the evaluation fee is returned as Hub Credits upon reaching Funded status, with the remaining 90% included at the third-payout milestone.

Summer Plan 2-Step:

• Profit Split: 80%
• Minimum Withdrawal: $250.
• Payout Cap: $1,000 per cycle for $50K accounts, $2,000 per cycle for $100K accounts and $3,000 per cycle for $200K accounts.
• Refundable Fee: 10% of the evaluation fee is returned as Hub Credits after Phase 1 and 20% after Phase 2. The remaining 70% is returned at the third-payout milestone.