Prop firms · Forex / CFD

The5ers Challenge: Simulated Pass Rate, Rules & Real EV (2026)

This page answers three questions for The5ers: what the actual eval and funded-account rules are, how a real trader profile fares against them across 10,000 simulated runs, and whether the long-run expected value justifies the eval fee. Rules verified as of 2026-07-15. Independent — not affiliated with The5ers.

The ruleset

Account sizes$6k · $20k · $60k · $100k
Eval cost (mid tier)$260
PhasesTwo-phase
Profit target8% (P1) / 5% (P2)
Max drawdownStatic · 4%
Daily loss limitNone
Consistency ruleNone
Min trading days3
Max daysUnlimited
Profit split (funded)80%
Payout buffer1%
Min profitable days (funded)3
Trailing on fundedNo
Payout frequencyEvery 30 days

Simulated results

Three trader profiles, 10,000 simulated evaluations each against The5ers's exact rules. Pass rate is the eval only. Payout is conditional on passing. Joint withdrawal is the probability of reaching a first payout end-to-end. P&L is expected value over 50 attempted challenges at the mid-tier account.

Scalper · 58% wr · 6/day
Pass
62.9%
Payout
73.7%
Joint withdrawal
46.3%
P&L · 50 runs
$6.3k
Balanced · 50% wr · 3/day
Pass
28.2%
Payout
48.6%
Joint withdrawal
13.7%
P&L · 50 runs
-$6.1k
Swing · 42% wr · 1/day
Pass
25.1%
Payout
51.5%
Joint withdrawal
12.9%
P&L · 50 runs
-$6.6k

Why traders fail this challenge

Failure breakdown from the balanced-archetype simulation. This is what typically ends a The5ers run — not what traders think ends it.

Trailing / max drawdown breach31%
Daily loss limit hit0%
Ran out of time / never reached target69%
Consistency rule violation0%

Rules explained

How The5ers's drawdown works

The5ers uses a static drawdown of 4% of the starting balance. Static drawdown is the friendliest structure — the floor doesn't move as you profit. See trailing drawdown explained for the full mechanics.

How the daily loss limit is calculated

The5ers has no daily loss limit on the standard evaluation, which is unusually forgiving. The trade-off is that the max-drawdown gate does more of the work of ending losing runs.

Consistency rule

The5ers has no consistency rule on the standard evaluation. See the consistency rule explained for the full mechanics and how it changes your real pass rate.

Is The5ers worth it?

The5ers' hyper-growth model has no time limit and staged scaling — one of the few evals that suits genuinely slow, low-risk traders. Static drawdown, no daily loss on some plans, but the low profit targets come with tighter position sizing than most competitors expect.

Frequently asked

What is The5ers's trailing drawdown?+

The5ers uses a static drawdown of 4% of the starting balance. This is the single biggest driver of long-run pass rate for most traders.

What win rate do you need to pass The5ers?+

Not a fixed number. Our simulator runs three archetypes against The5ers's exact rules: the balanced 50%-win-rate trader passes 28.2% of the time; the scalper archetype and swing archetype produce meaningfully different numbers on the firm page above. Passing is a function of edge, variance, and how the ruleset punishes lumpy P&L — not win rate in isolation.

How much does The5ers cost long-term?+

The mid-tier The5ers evaluation is $260. Over 50 attempted challenges, our balanced-archetype simulation nets -$6.1k — that's eval fees paid on failures netted against payouts collected on the joint 13.7% of runs that reach a withdrawal.

Does The5ers have a consistency rule?+

No consistency rule on the evaluation. Verify current terms — firms add and remove these rules regularly.

Is The5ers worth it in 2026?+

The5ers' hyper-growth model has no time limit and staged scaling — one of the few evals that suits genuinely slow, low-risk traders. Static drawdown, no daily loss on some plans, but the low profit targets come with tighter position sizing than most competitors expect.

Run YOUR numbers against The5ers's ruleset

The archetypes above are examples. Feed your own win rate, average win/loss and trades per day into the simulator to see your real pass and payout probability at The5ers.

Run my simulation

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Based on publicly listed rules as of 2026-07-15. Independent — not affiliated with The5ers. Rules change; verify with the firm before paying. Simulations are estimates based on a barrier-crossing model of daily P&L, not guarantees.