The5ers Prop Firm Review – Forex Funding for South African Traders

For South African forex traders—from Johannesburg to Cape Town—with limited capital but big ambitions, The5ers delivers a transparent funding path. Choose instant funding or multi-stage evaluation with:

  • Low entry fees from $95 (≈R1 700)
  • Profit splits up to 100% as you scale
  • Bi-weekly withdrawals, including crypto (USDT, USDC, ETH, LTC)
  • Account growth to $4 million under clear risk rules

Table of Contents

  1. Company Overview
  2. Funding Programs Overview
  3. Bootcamp Program (3-Stage)
  4. Hyper Growth Program (1-Step Instant)
  5. High Stakes Program (2-Stage)
  6. Program Comparison
  7. Withdrawal & Crypto Funding
  8. Pros & Cons
  9. FAQ
  10. Who Should Choose Which?
  11. Next Steps

Company Overview

The5ers was founded in 2016 by professional traders as a private-equity-style fund for forex traders rather than a traditional broker. Over 50 000 traders worldwide—including many in South Africa—have been funded via transparent programs and an active community. The mission: “funding your trading journey” with no hidden fees and clear milestones.


Funding Programs Overview

Three distinct paths let you pick based on budget and style:

  • Bootcamp – three-stage, low-cost evaluation
  • High Stakes – two-stage, high-risk challenge with refundable demo fee
  • Hyper Growth – one-step, true instant funding

Bootcamp Program (3-Stage)

A cost-effective, step-by-step evaluation before full funding.

  • Fee: €95 (≈R1 700) for $100 K or €225 (≈R4 000) for $250 K, pay remainder after each stage
  • Structure: three demo stages, each requiring 6% profit
  • Risk limits: 5% max loss per stage; 3% daily drawdown pause; SL ≥ 2% per trade
  • Leverage: 1:10
  • Time limit: unlimited to complete all stages
  • Scaling: 100% profit share; account doubles every 5% profit up to $4 M + HUB bonuses

Hyper Growth Program (1-Step Instant)

Trade real capital from day one—no multi-stage fees.

  • Fees: $260 (10 K), $450 (20 K), $850 (40 K)
  • Profit target: 10%
  • Risk limits: 6% max loss; 3% daily pause
  • Leverage: 1:30
  • Profit split: up to 100% immediately
  • Scaling: doubles every 10% profit up to $4 M; HUB bonuses $15–$1 600

High Stakes Program (2-Stage)

High-risk, high-reward challenge with refundable demo fee.

  • Fee: $495 refundable after Phase 1
  • Phase 1 target: 8%; Phase 2 target: 5%
  • Risk limits: 10% max loss; 5% daily drawdown
  • Leverage: 1:100
  • Profit split: 80% → 100% in funded phase
  • Time limit: unlimited evaluation; account expires after 30 days inactivity

Program Comparison

FeatureBootcampHyper GrowthHigh Stakes
Stages31 (instant)2
Fee€95–€225$260–$850$495 (refundable)
Start balance$100 K–$250 K$10 K–$40 K$5 K–$100 K
Profit target6% per stage10%8% → 5%
Max loss5%; 3% daily6%; 3% daily10%; 5% daily
Leverage1:101:301:100
Profit splitup to 100%up to 100%80%–100%
Scaling cap$4 M$4 M$500 K
Withdrawal cycleBi-weeklyBi-weeklyMonthly

Withdrawal & Crypto Funding

  • Cycle: Bi-weekly; first payout 14 days after funding
  • Methods: Rise, PayPal, Skrill, bank transfer, crypto (USDT-TRC20, USDC-ERC20, ETH, LTC)
  • Min withdrawal: $150
  • Deposits: Bank transfer, credit card, Confimo/Coingate (crypto; network fees apply)

Pros & Cons

ProsCons
Multiple paths to suit budget & experienceTight drawdown rules require strict discipline
True instant funding via Hyper GrowthBootcamp/High Stakes require multi-stage proof
Scale to $4 M with up to 100% profit shareInitial splits start at 50%–80%
Extensive trader resources & active communityCrypto/Confimo fees may impact small deposits
Bi-weekly withdrawals (including crypto)Daily pause may disrupt some strategies

FAQ

Q: Can I use EAs or scalping?
Yes—MT5 supports EAs and scalping if stop-loss rules are respected and arbitrage/copy-trading is avoided.

Q: What if I hit max loss or daily pause?
Bootcamp/High Stakes reset on breach; Hyper Growth account terminates. Daily pause resets next trading day.

Q: How many accounts can I hold?
Up to 3 Bootcamp, cumulative $4 M Hyper Growth, and 3 High Stakes simultaneously.


Who Should Choose Which?

  • Bootcamp: South African beginners with small capital
  • Hyper Growth: Experienced traders needing instant funding
  • High Stakes: Risk-takers seeking maximum scale with refundable demo

Next Steps

Ready to trade live capital with The5ers? Select your program and apply now:


Data verified on The5ers.com as of April 2025.