Is The5ers legit or a scam?
Safety verdict
The5ers is legitimate - one of the strongest payout records in prop trading.
The5ers has operated since 2016 (10 years) with a continuous public payout record. Prop firms are not brokerages - you trade the firm's capital, not client deposits - so the trust question is purely "does it pay?", and The5ers's history answers that better than almost anyone.
Trust record
- Operating since
- 2016 (10 years)
- Headquarters
- Ra'anana, Israel
- Payout cadence
- Bi-weekly / on demand by program
- Profit split
- up to 100% on top scale levels
Nearly a decade of continuous payouts and one of the few firms trading genuinely live capital on its instant program. Transparent leadership with an active public presence. The conservative risk culture that slows scaling is also what keeps the firm durable.
What our testing found
We track The5ers's public payout proofs, rule changes and community reports continuously. Bi-weekly as standard, with faster cycles unlocked at higher levels. The scaling ladder doubles account size at each milestone and pushes the split toward 100% at the top.
Read the full The5ers review (4.5/5) →The real danger: clone scams
Most "The5ersscam" complaints trace back to impersonators, not the company: lookalike domains, fake apps, and social-media "account managers" who trade your money away. Three rules: access The5ers only through its official site (our buttons link the verified domain), never let anyone else operate your account, and treat any unsolicited investment contact as fraud by default.
The5ers safety FAQ
Is The5ers regulated?
Prop firms are not brokerage-regulated because you trade the firm's capital rather than depositing client funds. The trust test is different: corporate registration, years operating (The5ers: since 2016), and a verifiable payout history.
Will The5ers actually pay me?
The5ers pays bi-weekly / on demand by program with a up to 100% on top scale levels split. Bi-weekly as standard, with faster cycles unlocked at higher levels. The scaling ladder doubles account size at each milestone and pushes the split toward 100% at the top.
What's the worst case with The5ers?
Your maximum loss is the challenge fee you paid plus any accrued profit split not yet withdrawn - you can never owe money on a funded account. Withdraw profits on every eligible cycle to keep that exposure small.
How do I avoid prop firm scams generally?
Prefer firms with 3+ years of continuous payouts, public leadership, and real platform access. Be wary of firms that pay "profits" only in credits, constantly launch discount codes above 50%, or delay payouts with shifting verification demands.
Risk warning: CFDs and leveraged products are complex instruments and carry a high risk of losing money rapidly. Between 70–85% of retail accounts lose money trading CFDs. Never trade with money you cannot afford to lose. Disclosure: WizeGorilla is reader-supported - we may earn a commission when you open an account through our links, at no cost to you. See our affiliate disclosure and review methodology.