The5ers Prop Firm Review – Funding for Nigerian Forex Traders

For Nigerian forex traders with limited capital but big ambitions, The5ers delivers a clear, tiered funding path so you can trade real money from anywhere in Lagos, Abuja, or beyond. You’ll benefit from:

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

Whether you prefer a one-step instant challenge, a multi-stage evaluation, or a high-stakes refundable model, The5ers has a program designed for your trading style and budget.


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 operates as a private-equity fund for forex traders, founded in 2016 by professional traders to offer an alternative career-building platform rather than a traditional brokerage. It has funded over 50 000 traders worldwide, including a growing community in Nigeria. The firm’s mission: “funding your trading journey” with no hidden fees, clear milestones, and robust support.


Funding Programs Overview

The5ers offers three distinct paths for Nigerian traders:

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

Each program carries its own fee, rules, and scaling potential—allowing you to choose the structure that fits your trading style, budget, and risk tolerance.


Bootcamp Program (3-Stage)

A low-entry evaluation that lets you prove skill before committing full capital.

  • Entry fee: €95 for $100 K or €225 for $250 K (pay remainder only upon passing each stage)
  • Structure: three demo stages, each with a 6% profit target
  • Risk limits: 5% max loss per stage; 3% daily drawdown pause; stop-loss ≥ 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 plus HUB bonuses

Hyper Growth Program (1-Step Instant)

Get funded and trade real capital from day 1—no evaluation stages.

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

High Stakes Program (2-Stage)

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

  • Fee: $495 refundable upon passing Phase 1
  • Phase 1 target: 8%; Phase 2 target: 5%
  • Risk limits: 10% static max loss; 5% daily drawdown
  • Leverage: 1:100
  • Payout split: 80% → 100% in funded phase
  • Time limit: unlimited evaluation; 30-day inactivity expiry

Program Comparison

FeatureBootcampHyper GrowthHigh Stakes
Steps31 (instant)2
Entry 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
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 for all programs; first payout 14 days after funding
  • Methods: Rise, PayPal, Skrill, bank transfer, crypto (USDT-TRC20, USDC-ERC20, ETH, LTC)
  • Minimum withdrawal: $150
  • Deposits: Direct transfer, credit card, Confimo/Coingate for crypto (network fees apply)

Pros & Cons

ProsCons
Multiple paths to suit budgets & experienceTight drawdown rules demand strict risk control
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 & live communityCrypto/Confimo fees can eat small deposits
Bi-weekly withdrawals, including cryptoDaily pause may disrupt some trading 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 on stop-out. Daily pause lifts next server 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: Budget-conscious Nigerian traders testing strategies affordably
  • Hyper Growth: Experienced Nigerian traders wanting capital Day 1
  • 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.