Question 1

Can you trade news on The5%ers?

Accepted Answer

Yes, The5%ers allows news trading in all phases. You can trade during high-impact news events like NFP, FOMC, and CPI without restrictions.

Here is the breakdown by phase:

-Phase 1: news trading is fully allowed
-Funded: news trading is fully allowed

The5%ers trades on MT5 and covers forex, indices, commodities.

Question 2

Can you hold overnight on The5%ers?

Accepted Answer

Yes, The5%ers allows you to hold positions overnight in all phases. You do not need to flatten your positions before the market closes.

Question 3

Can you hold over weekend on The5%ers?

Accepted Answer

Yes, The5%ers allows you to hold positions over the weekend in all phases. You can keep trades open from Friday through Monday.

Question 4

Can you use EAs/bots on The5%ers?

Accepted Answer

Yes, The5%ers allows the use of Expert Advisors (EAs) and automated trading bots. You can run algorithmic strategies on MT5.

Question 5

What happens if you hit drawdown on The5%ers?

Accepted Answer

If you hit the maximum drawdown limit on The5%ers, your account is immediately terminated. All open positions are closed and you lose access to the account.

Question 6

How to reset The5%ers challenge?

Accepted Answer

To reset your The5%ers challenge, you need to purchase a new evaluation. The5%ers does not offer free resets.

Can you trade news on The5%ers?

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