The5ers profile details: essential information about the company
The5ers was founded in 2016 by a group of experienced traders and entrepreneurs to provide talented traders with the resources and support needed to succeed in the financial markets. Gil Ben Hur is The5ers founder and CEO.
Founded in 2016, The5ers is a proprietary trading firm that offers a challenge program for traders to earn funding. The company prioritizes safety through strict risk management practices and advanced technology to monitor traders. The5ers provides a transparent and secure trading environment.
This guide will provide you with essential information about The5ers, including its history, services, and key features. Whether you're considering participating in The5ers Challenge or just curious about the company, this guide will give you a comprehensive overview of what The5ers has to offer.
Best Prop Trading FirmsWhat the profile on The5ers includes?
You must create a prop trading account to access all benefits of the The5ers profile. You will be eligible for all the perks when you create the account. Some of the significant items included in The5ers profile are as follows:
Daily Live Trading Room.
Trading Performance Statistics.
Free Webinars..
Real-Time Trading Notifications.
Risk Management And Trading Plan Education.
Free 1 On 1 Performance Coaching.
Extensive Reading Resources.
Dedicated Support From Traders To Traders.
The5ers general information
In the section below, we will look at the primary and general information about The5ers profile details.
Contact Information
The contact information of The5ers is as follows:
Channel of Communication |
Details |
Official Website |
https://the5ers.com/ |
help@the5ers.com |
|
Telephone |
UK: +44 (20) 8068 0793 US: +1 (929) 955 5595 |
Office Address |
14 Haroshet st, Raanana, Israel |
UK Office Address |
Enstar House, 168, Praed Street, London, United Kingdom, W2 1RH |
Office Hours |
Sunday – Thursday 07:00 – 17:00 GMT Fridays 07:00 – 12:00 GMT |
Image: The5ers website
Enterprise history and synopsis
The5ers was founded in 2016 by a group of experienced traders and entrepreneurs to provide talented traders with the resources and support needed to succeed in the financial markets. The company is a proprietary trading firm that offers funds to skilled traders who pass their evaluation process and meet their trading rules and guidelines.
Since its inception, The5ers has rapidly grown in popularity among traders looking for an alternative to traditional trading firms. The company has gained a reputation for providing a fair and transparent evaluation process and excellent customer support and resources to help traders succeed.
Regarding achievements, The5ers has yet to win significant awards or receive notable trading volume statistics. However, the company has been featured in major financial publications such as FXMag and FXEmpire. It has received positive reviews from many successfully funded traders who have shared their experiences and results online. Hence, these are the5ers Business profile details that every trader must know.
Image: The5ers website
The5ers executive team
The5ers has a team of professionals who have worked and ensured the company reaches its height. They have played an important role in uplifting the The5ers company profile. The executive team of The5ers is as follows:
Gil Ben Hur (Founder and CEO): Gil has been an independent Forex day trader since 2007. Earlier, he was a part of the educational trading community. Soon he switched to launching The5ers in 2016, where he designed programs based on his experience and collaborated with some successful traders.
Yaniv Elvaz (Chief Operations Officer): He has been an avid technical analyst in the Forex, futures, and stocks market since 2008. Before joining The5ers as the COO, he worked as the VP of Content and Global Operations for Investing.com.
Saul Lokier (Chief Product Officer): With years of experience, he is known to deliver lectures at various forums like fxstreet.com and investing.com.
Tomer Dubrov (Head of Content Marketing): Dubrov is the social network strategic expert. He manages the content strategy at The5ers to ensure high-quality communication.
Sharleen Bresh (Traders Success Agent): In a prop trading firm, it is extremely important to keep the traders satisfied. That is exactly what Sharleen does as she manages traders and makes sure to help the traders on the platform in every way possible.
Image: The5ers executive team
Customer base
The5ers provides services globally. As long as you are submitting all your appropriate documents to register on the platforms, you will be able to trade easily. They have customers from the US, UK, and all other parts of the world. The exact number of The5ers customers has yet to be discovered.
Legal entities and regulation
The5ers is a private prop trading firm. It is not regulated under any government regulations. However, the platform does have its own set of rules and regulations that you must follow. The funding provided is with the support of competent traders on the platform.
Overview of products
Unlike the other prop trading firms, The5ers does not have a lot to offer. They only allow trading in Forex, indices, and metals. Therefore, if you plan to start trading in cryptos and more, you wouldn't get that option with The5ers. The major currencies you can trade on in The5ers include:
US Dollars
New Zealand Dollars
Great British Pound
Australian Dollar
Euro
Yen
Swiss Franc
Canadian Dollar
The5ers services
The5ers offers a unique program for traders to become funded traders, which includes a comprehensive evaluation process to test trading skills and risk management abilities. Funded traders receive a trading account with a capital allocation of up to $4 million and keep 50% of their profits.
The trading assets on the The5ers platform include the following:
Forex: Traders can trade currency pairs on the The5ers platform such as: major pairs, minor pairs, and exotic pairs, with a margin rate of 1.00.
Metals: Traders can trade a variety of metals, including gold and silver, with a margin rate of 3 (for gold) and 2.5 (for silver).
Indices: Traders can trade a range of global stock market indices, including the S&P 500, NASDAQ, UK100, US30, DAX30, etc. The rules will vary for each one accordingly.
FAQs
What are The5ers?
The5ers is a proprietary trading firm that provides funding to skilled traders who pass their evaluation process and meet their trading rules and guidelines.
What trading assets are available on the The5ers platform?
The 5ers platform allows trade in forex, commodities, indices, and cryptocurrencies.
What is the evaluation process for becoming a funded trader with The5ers?
The evaluation process includes a series of challenges with different account sizes, drawdown limits, and profit targets to test trading skills and risk management abilities.
What is the profit split for funded traders with The5ers?
Funded traders keep 50% of their profits and can increase their allocation as they achieve specific profit targets.
Team that worked on the article
Upendra Goswami is a full-time digital content creator, marketer, and active investor. As a creator, he loves writing about online trading, blockchain, cryptocurrency, and stock trading.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).