Question 1

What platforms does The5%ers support?

Accepted Answer

The5%ers supports 1 trading platform: - MetaTrader 5 (MT5) - the newer MetaTrader with more asset classes and improved backtesting You can trade forex, indices, commodities on these platforms. Expert Advisors (EAs) and automated trading bots are allowed. The5%ers uses a 2-step evaluation model with account sizes from $20,000 to $100,000.

Question 2

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.

Question 3

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 4

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 5

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 6

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.

What platforms does The5%ers support?

More The5%ers Questions