What type of drawdown does The 5%ers use for its trading accounts?
💡 Answer
Drawdown Model
The 5%ers uses fixed percentage loss limits rather than trailing equity models. Each program specifies a static maximum loss relative to the starting balance of the phase or funded stage (e.g., 5% or 10% for Bootcamp and High Stakes, 6% for Hyper Growth).
- Static Limits: Maximum loss is typically defined as a fixed percentage of the starting balance, and includes both closed and floating losses.
- Program-Specific Caps: Bootcamp and Hyper Growth are structured around relatively conservative overall loss thresholds (4–6%), while High Stakes allows a larger 10% drawdown paired with higher leverage.
This approach gives traders predictable risk boundaries for each stage while avoiding trailing drawdown mechanics that move with peak equity.
More FAQs about The 5%ers
- Are expert advisors (EAs), news trading, weekend trading, and copy trading allowed at The 5%ers, and which strategies are prohibited?
- What payment methods does The 5%ers accept, and what is its refund policy?
- How do payouts work at The 5%ers, including minimum payout, payout frequency, processing time, and payout methods?
- What is the maximum profit split offered by The 5%ers?
- What assets and markets can traders trade at The 5%ers?
- What leverage does The 5%ers offer for forex, indices, metals, and crypto trading?
- What trading platforms does The 5%ers support, and which broker does it use?
- What are the trading conditions at The 5%ers regarding spread quality, commissions, and slippage policy?
- What trading strategies are prohibited at The 5%ers, is martingale allowed, and are there any lot size limits?
- What risk management and consistency rules must traders follow at The 5%ers?
- What program types does The 5%ers offer to traders?
- What challenge structure does The 5%ers use for its evaluation process?
- What is the maximum funding offered by The 5%ers, and is a scaling plan available for traders?
- What is the current Trustpilot rating and number of reviews for The 5%ers?
- What program types are available at The 5%ers?
- What are the account limits at The 5%ers, including the maximum number of accounts, account merging rules, and lot size limits?
- Is KYC required at The 5%ers, and at which stage does identity verification take place?
- Are there any restricted countries at The 5%ers?
Guides Where The 5%ers Is Featured
- Prop Firms Offering Indices Trading
- Prop Firms With Match-Trader Platform
- Prop Firms with More Than 10000 Trustpilot Reviews
- Prop Firms With Trustpilot rating of 4.1 or higher
- Top Prop Firms That Accept Clients From Dhekelia
These guides include The 5%ers alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.
The 5%ers vs Funded Firm vs FXIFY - Prop Firm Comparison (March 2026)
Side-by-side comparison of The 5%ers vs Funded Firm vs FXIFY. Quickly scan maximum funding, profit splits, risk rules, leverage, platforms, instruments, payout schedules, payment options, trading permissions and KYC restrictions to narrow down your prop trading firm shortlist. Data updated March 2026.
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The 5%ers
The 5%ers is an established prop firm offering Bootcamp, High Stakes, and Hyper Growth programs, combining structured evaluations, strong education and community, scaling up to $4M, and profit splits that can reach 100%, with varied rule sets and limited spread...
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Funded Firm
FundedFirm is a UK-based proprietary trading firm launched in 2024. It offers 1‑Step and 2‑Step evaluation programs with unlimited time, allowing traders to trade forex, metals, indices, energies and cryptocurrencies on MT5. With leverage up to 1:100 (1:50 for crypto),...
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FXIFY
FXIFY is a broker-backed prop firm (FXIFY Markets Ltd, licensed in Labuan, Malaysia) offering One Phase, Two Phase and Three Phase evaluations, an Instant Funding path, and a 7-day Lightning Challenge, with up to 90% performance splits, on-demand payouts on...
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| Overview | |||
| Trustpilot Rating | 4.8 | 0 | 4.4 |
| Trustpilot Reviews | 21,364 | 0 | 5,320 |
| Headquarters | ISRAEL | United Kingdom | Malaysia |
| Age (Years) | N/A | 2 | N/A |
| Max Funding | $4,000,000 | $100,000 | $4,000,000 |
| Profit Split Start | 50% | 90% | 80% |
| Profit Split Max | 100% | 100% | 90% |
| Platforms | MT5 cTrader Match-Trader | mt5 | MT4 MT5 DXtrade |
| Assets | FX Metals Indices Energy Crypto | Forex Precious Metals Indices Energies Cryptocurrencies | FX Metals Indices Commodities Stocks Crypto |
| Leverage | |||
| FX Leverage | 100 | 100 | 50 |
| Metals Leverage | 25 | 100 | 50 |
| Crypto Leverage | 2 | 50 | 1 |
| Risk & Drawdown Rules | |||
| Max Daily Loss | Maximum Daily LossDaily loss limits at The 5%ers focus on controlling intraday risk, especially within the High Stakes and Bootcamp structures.High Stakes: Daily drawdown limit of 5%, typically calculated from the previous day's closing balance, including both closed and floating PnL.Bootcamp: While the program emphasises a 5% max loss per stage rather than a separate daily cap, traders must still stay comfortably within this limit to avoid breaching.Hyper Growth: Uses a 6% overall loss cap with no separate published daily... | 3–5 | Maximum Daily LossFXIFY's daily drawdown limits are program-specific. FXIFY provides examples showing One Phase uses a 3% daily drawdown, while Two Phase uses a 4% daily drawdown. Daily drawdown is monitored alongside max drawdown thresholds, and traders should plan withdrawals and risk so that intraday equity does not breach the daily limit. |
| Max Total Loss | Maximum Overall LossThe 5%ers defines maximum overall loss per program to cap total drawdown across each phase or funded account.Bootcamp: 5% max loss at each evaluation step and 4% max loss once funded, measured from the starting balance of the stage.High Stakes: 10% maximum overall loss for each evaluation phase and funded account, with 5% daily drawdown included.Hyper Growth: 6% maximum overall loss throughout the evaluation and funded stages, with positions allowed to be held overnight and over weekends.Breaching the... | 6–10 | Maximum Overall LossFXIFY provides examples showing One Phase accounts use a 6% max drawdown and Two Phase accounts use a 10% max drawdown. For Three Phase, FXIFY describes a static drawdown option where max drawdown is set at 5% and remains static for the life of the account. |
| Drawdown Type | Drawdown ModelThe 5%ers uses fixed percentage loss limits rather than trailing equity models. Each program specifies a static maximum loss relative to the starting balance of the phase or funded stage (e.g., 5% or 10% for Bootcamp and High Stakes, 6% for Hyper Growth).Static Limits: Maximum loss is typically defined as a fixed percentage of the starting balance, and includes both closed and floating losses.Program-Specific Caps: Bootcamp and Hyper Growth are structured around relatively conservative overall loss thresholds (4–6%), while... | Fixed (daily 3–5% of starting equity; overall 6–10% of initial balance) | Drawdown ModelFXIFY supports both trailing-style drawdown mechanics and an optional static drawdown mode (notably for 2-Phase and 3-Phase). FXIFY also explains that on 1- and 2-Phase accounts, when a withdrawal is requested, the max drawdown “locks” at the starting balance, meaning profit withdrawals reduce the buffer created by gains and can increase breach risk if no buffer remains. |
| Payouts | |||
| Payout Frequency | Payout FrequencyThe 5%ers provides regular and scalable payout options across its programs.Payouts are generally available on a bi-weekly basis once funded.The minimum withdrawal amount is $150 after the profit split has been applied.Profit splits start around 50% on Bootcamp and 80% on High Stakes and can scale up to 100% as traders progress through the scaling plan.Profits can be left in the account to increase the effective drawdown buffer and support larger position sizes.At higher High Stakes and Bootcamp tiers,... | Payouts can be requested weekly, bi‑weekly or monthly. Weekly cycles provide a 60% profit split, bi‑weekly cycles 80%, and monthly cycles up to 100%. Payouts for weekly and bi‑weekly plans are released every Wednesday starting from the second week after the account is opened. | Payout FrequencyInstant Funding: FXIFY states Instant Funding accounts offer payouts every 14 days. Evaluation programs (1-Phase, 2-Phase, 3-Phase): FXIFY states the first payout is instant and on demand, processed right after the trader's first live trade in the funded account. |
| Days to First Payout | 14 | 7 | 0 |
| Payout Processing Time | Payout ProcessingThe 5%ers typically processes profit withdrawals on a bi-weekly cycle, with payments sent after approval via Rise, The5ers Visa Card, bank transfer, or cryptocurrencies. Processing times are designed to be prompt, with most payouts completed within a few business days depending on the chosen method and any required compliance checks. | 1 | 0 |
| Payout Methods | Bank Transfer Crypto Rise Platform The5ers Visa Card | Bank transfer UPI BTC USDT TRC20 USDT BEP20 USDT ERC20 | Crypto Bank Transfer |
| Payments | |||
| Payment Methods | Apple Pay Bank Transfer Credit/Debit Card Crypto Google Pay PayPal | UPI Bitcoin USDT TRC20 USDT BEP20 USDT ERC20 | Credit/Debit Card Crypto |
| Trading Permissions | |||
| News Trading | News trading is allowed on most The 5%ers programs with important restrictions.Bootcamp and Hyper Growth: News trading is permitted, but placing bracket orders (pending orders around major news purely to capture spikes) is prohibited.High Stakes: Executing orders from 2 minutes before until 2 minutes after high-impact news is not allowed.These rules are intended to prevent abusive event-driven strategies while still allowing normal trading around news where permitted. | News trading is allowed on all account types. Traders may open and close positions during high‑impact news releases. | News trading rules are defined by FXIFY program terms and platform rules; traders should follow FXIFY's compliance guidance and avoid any prohibited behavior, especially around extreme volatility where drawdown breaches can occur quickly. |
| Weekend Trades | The 5%ers allows overnight and weekend holding on most instruments across Bootcamp, High Stakes, and Hyper Growth programs, subject to normal market hours and swap rates. Indices may carry higher swaps when held over weekends, and traders should monitor rollover costs carefully. | Overnight and weekend holding is allowed without restrictions. | FXIFY advertises the ability to hold positions over the weekend on supported programs/instruments, subject to market hours, symbol availability, and account objectives. |
| Copy Trading | The 5%ers permits copy trading with clear limitations.Copy trading is allowed for High Stakes and Hyper Growth accounts under defined conditions.Once total managed capital exceeds about $500K, taking identical trades across multiple accounts is no longer allowed.Copying from an external account is only allowed if that account belongs to the same trader; third-party copy trading is not permitted.Copy trading is not allowed between two Bootcamp accounts.The firm also integrates with Prop Firm One, enabling traders to mirror their own strategies... | Copy trading and mirroring strategies across accounts are prohibited. | Copy trading is allowed between your own FXIFY accounts and from FXIFY accounts to other accounts. To copy from an external account into a FXIFY account, FXIFY requires submission of the master account statement in HTML format beforehand, and copying from a third party is prohibited. |
| EA Allowed | Expert Advisors (EAs) are allowed at The 5%ers as long as they comply with the firm’s terms.EAs must place a stop-loss on every position.EAs must not copy trades from other people’s signals or third-party systems.Tick scalping, latency arbitrage, reverse arbitrage, hedge arbitrage, and emulator-based trading are not allowed.Any account found using EAs that violate these rules can be cancelled, banned, and not refunded across all programs, including Bootcamp and Hyper Growth. | Expert Advisors (EAs) and automated trading tools are not allowed. | 1 |
| KYC & Restrictions | |||
| KYC Required | No | No | Yes |
| KYC Stage | The 5%ers requires standard KYC verification and account checks, particularly before funding accounts and processing withdrawals. Traders should expect to provide identification and relevant documentation in line with regulatory and payment-provider requirements. | KYC/AML verification is required before the first payout. Traders may need to provide government‑issued ID and proof of address to satisfy compliance checks. | KYC is required as part of FXIFY's AML/KYC compliance process before traders can fully access withdrawals/performance fees. If a trader cannot pass KYC, FXIFY's policy explains this impacts their ability to proceed under the program's compliance requirements. |
| Restricted Countries | Afghanistan Belarus Burundi Central African Republic Crimea Cuba Democratic Republic of the Congo Eritrea Guinea Guinea-Bissau Iran Iraq Israel Laos Lebanon Liberia Libya Myanmar North Korea Palestinian Territory Papua New Guinea Republic of the Congo Russia Somalia South Sudan Sudan Syria Vanuatu Venezuela Yemen | No specific list of restricted countries is published but services may not be available in sanctioned jurisdictions such as North Korea Iran Syria and other high‑risk regions. | United States Zimbabwe Iran Iraq North Korea Somalia Vietnam Burundi Central African Republic Ivory Coast Liberia Libya Sudan Cuba Syria Afghanistan Yemen Palestine Myanmar Nicaragua Congo Republic Crimea Democratic Republic of Congo Eritrea Guinea Guinea-Bissau Papua New Guinea South Sudan Vanuatu Venezuela Algeria Russia Kenya Ghana |