All Firms/The5%ers/$20,000

The5%ers $20,000 Account Rules

Source checked Mar 21, 2026 | Primary source: Official The5%ers rules
According to The5%ers's official documentation (verified 2026-03-21), the The5%ers $20,000 account has a $800 daily loss limit (4%), $800 max drawdown (static (floor never moves)), and a $1,200 profit target. The challenge fee is $95, with a minimum of 3 trading days required. Breach level is $19,200.

The5%ers's $20,000 Phase 1 has a $800 daily loss limit (4%), $800 maximum drawdown (static (floor never moves)), and a $1,200 profit target. Minimum 3 trading days. Fee: $95. Always confirm live rules before purchasing because firms can change limits without updating older screenshots or reviews.

Check Your Trade Against The5%ers $20,000 Rules

Run a Free Audit

Check a trade against The5%ers's rules. Sign in to save results and unlock the full verdict list.

The5%ers$20,000
▶Add trade details (optional)

Rules by Phase

phase 1funded
Daily Loss$800 (4%)$800 (4%)
Max Drawdown$800$800
DD TypeStaticStatic
Profit Target$1,200None
Min Days3None
News Tradingallowedallowed
OvernightYesYes

What This Means In Practice

You can lose max $800 in a single day.

Your account can never drop below $19,200.

If you grow to $30,000, the floor stays at $19,200(static). Your profits don't shrink your safety net.

At 1% risk per trade ($200), you can take 4 losing trades before hitting the daily limit.

How Many Losing Trades Before You Blow

Understanding how many consecutive losers your account can survive is the difference between passing and failing. Here is the math for the The5%ers $20,000 account at different risk levels, based on the $800 max drawdown (static (floor never moves)).

Risk Per TradeDollar RiskLosers to Max DDLosers to Daily Limit
0.5%$10088
1%$20044
1.5%$30022
2%$40022
3%$60011

At the commonly recommended 1% risk per trade ($200), you can absorb 4 consecutive losing trades before breaching the $800 max drawdown. However, the $800 daily loss limit means you can only take 4 losers in a single day before getting locked out. This is the constraint that bites most traders first.

Because The5%ers uses static drawdown, profits you accumulate before a losing streak create additional buffer. If you are up $800 before a drawdown, you effectively have $1,600 of room at 1% risk, which translates to 8 losing trades.

Position Sizing Guide for $20,000

Proper position sizing on the The5%ers $20,000 account depends on your stop loss distance, the instrument you trade, and the rules you need to respect. Below are practical guidelines for this specific account.

Forex (standard lots):

At 1% risk ($200) with a 20-pip stop loss, you can trade approximately 1.00 standard lots (each pip = ~$10 on majors). With a 50-pip stop, that drops to 0.40 lots. If you plan to take multiple trades in a day, remember your combined risk cannot exceed the $800 daily limit.

Conservative vs. aggressive sizing:

Conservative (0.5% risk): Risk $100 per trade. You can survive 8 consecutive losers before max drawdown. At a 2:1 reward-to-risk ratio, you need 6 winning trades (with no losers) to hit the $1,200 profit target.

Standard (1% risk): Risk $200 per trade. You can survive 4 consecutive losers. At a 2:1 reward-to-risk ratio, you need 3 winning trades to hit the target.

Aggressive (2% risk): Risk $400 per trade. Only 2 losers before breach. Just 2 losers hit the daily limit. Not recommended unless you have a proven win rate above 60%.

The key takeaway: on a $20,000 account with $800 max drawdown, your static drawdown gives you room to recover from losing streaks as long as you size properly. Your profit target is $1,200 (6%), which means you need to earn 1.5x what you can afford to lose. Use the drawdown simulator to test different scenarios.

Pros

  • +Static drawdown — simple, forgiving
  • +News trading fully allowed
  • +Overnight and weekend holding allowed
  • +Scaling up to $4M account size
  • +Profit split reaches 100% for consistent traders

Cons

  • -Tight drawdown (4% daily AND 4% max)
  • -Profit split starts low at 50%
  • -MT5 only — limited platform choice
  • -Primarily forex — limited instrument selection

Compare at this account size

Head-to-head comparisons

Frequently Asked Questions

What is the daily loss limit on The5%ers $20,000?

The daily loss limit on the The5%ers $20,000 account is $800 (4% of starting balance). If your losses for the day reach this amount, your account is terminated.

How much can you lose on The5%ers $20,000?

The maximum you can lose on the The5%ers $20,000 account is $800. Your account is terminated if equity drops below $19,200. The5%ers uses static (floor never moves).

What is the profit target for The5%ers $20,000?

The profit target for the The5%ers $20,000 account is $1,200 (6%). You need to grow your account to $21,200 to pass the evaluation.

How much does the The5%ers $20,000 challenge cost?

The The5%ers $20,000 challenge costs $95. This fee is typically refunded with your first payout after passing the evaluation.

How many losing trades can I take on The5%ers $20,000?

At 1% risk per trade ($200), you can survive 4 consecutive losing trades before hitting the $800 max drawdown. The daily loss limit of $800 allows 4 losing trades per day.

Is The5%ers's $20,000 drawdown static or trailing?

The5%ers uses static (floor never moves) on the $20,000 account. The floor is set at account opening and never moves, so profits create extra cushion above your breach level.

Want AI to check your trades against these rules?

Vigil uses AI to audit your trades against The5%ers's rules. 94% of prop firm traders fail because they break their own rules.