Overview
The 5%ers is a prop trading firm founded by Gil Ben Hur and Snir Chiel. Both former forex day traders, Gil and Snier, experienced first-hand the frustrations that lack of capital bring to experienced traders ready to play the markets. Hence, the 5%ers Funding Program was born: a platform to reward worthy traders with significant capital, with profits shared in a win-win outcome.Things we didn't like:
5%ers Challenge fee is on the higher end of the spectrumThere are other holes in the 5%er offer
Why would you want an alternative to THE5ERS?
The 5%ers ticks some boxes – but not all of them. Traders looking for higher returns over a shorter time frame may be better choosing a rival prop firm. Both the trial account and the funded account are smaller than their rivals, and other firms such as FTMO and TopStep offer much more generous profit shares.
What other users do not like about the5ers
the5ers TrustPilot Customer Reviews, Feedback and Complaints
On Trustpilot, the5ers has currently 987 number of reviews with a TrustScore (the overall measurement of reviewer satisfaction) of 4.80/5.00.
Main Complains according to the Users' Reviews
- Small amount of instuments.
What to look for in a THE5ERS Alternative?
The 5%ers drop the ball with the payout ratio and the lack of extra features. If you are putting yourself under the pressure of trading with tens or hundreds of thousands worth of dollars, then the reward must be worth it. A decent split would be at least 80% if not 90% profits to the person who made those successful trades. Regarding the inbuilt educational resources, your best prop firm would be one that nurtures your growth. Look for informational guides, training resources, and even mentor schemes. Therefore even if you are not making consistent profits, you will be discovering where you went wrong and learning from your mistakes.
Flexibility is critical when it comes to scouting sites or prop firms. Do your research and find a firm that offers a long-time frame to complete the challenge, generous leverage margins for successful traders, and ample flexibility within the trading parameters. Swing traders need to be especially discerning and avoid options that ban weekend positions or certain trading styles. Compare account sizes and profit milestones; each prop firm will have slightly different requirements when it comes to the daily/weekly position loss limit.
Best THE5ERS alternatives – Proprietary Trading Firms like (or better than) THE5ERS
Rating breakdown
Things we liked:
Exclusive Discount Code (20% Off Exclusive Offer)Minimal rules & unlimited time for completion
Two-part assessment leading to $200,000 in funding
Scaling plan & fast-track funding opt
Things we didn't like:
A Relatively New player in the funded account offeringFunderPro Overview
Founded in Malta in late 2022 by a group of traders and investment managers, FunderPro was born out of the need to provide an opportunity for traders to be judged on their merit without pressure or unnecessary rules. FunderPro traders can trade in their own time, for as long as they want or need, there are no deadlines looming down nor petty restrictions to trip over.
Rating breakdown
Things we liked:
Unlimited evaluation free retries (Exclusive Refund Code 120%)No restrictions on trading style
Overnight and weekend holding allowed
A large variety of trading instruments
Things we didn't like:
Consistency rule for express accountsNo free trials available
Minimum 5 trading days
FundedNext Overview
In 2022, Next Ventures launched a new platform: FundedNext was live. The prop firm quickly made a name for itself by its generous capital allowance: a staggering $4 million was on the table for FundedNext traders who get to keep 90% of any profits made.
Rating breakdown
Things we liked:
Exclusive Discount Code (25% Off Exclusive Offer)Low challenge fees from $40
Crypto trading available
Offers scaling up to $2 million
Things we didn't like:
Strict rules on news tradingLimited payment options
BlueBerry Funded Overview
Blueberry Funded is a proprietary trading firm offering sustainable challenges, advanced technology, and fast payouts. Backed by 20+ years of combined brokerage and prop firm experience, it provides top-tier trading conditions and long-term opportunities for traders. Traders can manage accounts up to $200,000 with profit splits up to 90%, trading forex, commodities, indices, and cryptocurrencies.