Vigil/Setup/MetaTrader 5/The5%ers
Execution2-step

How to Set Up MetaTrader 5 for The5%ers

Connect MetaTrader 5 to your The5%ers account and configure the platform for The5%ers's static (floor never moves) rules. This guide covers connection, verification, and recommended risk settings.

Connection Steps
1

Create your The5%ers account

Sign up at https://the5ers.com and purchase your evaluation. You will receive login credentials and a data feed connection string via email.

2

Download and install MetaTrader 5

Download MetaTrader 5 from the official website. Run the installer and follow the setup wizard.

3

Add the data feed connection

Open MetaTrader 5 and navigate to Connections or Data Feed settings. Add a new connection using the server address, username, and password from The5%ers.

4

Log in and verify

Connect to the data feed and verify market data is streaming. Check that your account balance matches your The5%ers dashboard.

5

Configure risk settings

Set position size defaults, max order quantity, and any ATM strategies to prevent accidental oversizing that could breach The5%ers rules.

Recommended Settings for The5%ers
  • --Set a daily loss alert at 3.2% (80% of The5%ers's 4% limit) so you stop trading before the hard cap.
  • --The5%ers uses static drawdown. Your floor stays fixed at opening balance minus 4%. Set daily risk to stay well above that floor.
  • --Save your workspace template after configuring so you can restore it quickly if settings are lost.
The5%ers Rules at a Glance
Drawdown TypeStatic (floor never moves)
Max Drawdown4%
Daily Loss Limit4%
Overnight HoldingAllowed
Weekend HoldingAllowed
News Tradingallowed
Try a Free Audit

Check a trade against The5%ers's rules for the $20,000 account. No sign-up required.

The5%ers$20,000Daily limit: $4Max DD: $4