AlgoVerdict

The5ers

4.1/ 5
Last updated: 17 September 2026

The oldest prop firm after FTMO, funding traders since 2016 with a 4.7 Trustpilot record — and the most EA-friendly rulebook in this comparison: Expert Advisors are allowed on every program on one clear condition, a stop-loss on every position.

AlgoVerdict score

Weighted from 6 criteria — weighting in percent.

Payout reliability25%
4.5
Challenge cost20%
4.2
Profit split20%
3.8
Rules15%
3.8
EAs allowed10%
4.0
Scaling10%
4.2
Open methodology
Model
1-Step (Hyper/Pro Growth), 2-Step (Summer Plan), 3-Step (Bootcamp), High Stakes
Founded
2016
Headquarters
United Kingdom
Platforms
MT5, cTrader, TradingView (no MT4)
Account sizes
5,000–250,000 USD
Profit target
6% per phase (3-Step) up to 10% (1-Step)
Max. daily loss
3% (Summer Plan) — program-dependent
Max. total loss
6% (Summer Plan) — program-dependent
Profit split
50% start (Growth/Bootcamp) or 80% (High Stakes) · up to 100%
EAs allowed
Yes, all programs — stop-loss required on every position
News trading
Allowed (Growth/Bootcamp); restricted around news on High Stakes/Summer
Payouts
Bi-weekly · payout caps apply (e.g. 2,000 USD/cycle on 100K Summer)
Fees
Bootcamp 20K ≈ 22 USD · Pro Growth 5K ≈ 52 USD · Summer 100K ≈ 149 USD
Trustpilot
4.7 / 5 (1,300+ reviews)
  • Ten-year track record — the longest-running prop firm after FTMO, with a 4.7 Trustpilot across 1,300+ reviews
  • The clearest EA policy in this comparison: automation is allowed on every program, the one hard condition being a stop-loss on every position
  • Very low entry cost (Bootcamp from ~22 USD, Pro Growth from ~52 USD) — cheap to prove an EA before committing capital
  • Profit split scales to 100%, and the prohibited-EA list (tick scalping, latency/hedge arbitrage, emulators) filters out exactly the junk our methodology also penalises
  • No MT4 — MT5, cTrader and TradingView only, so MT4-only EAs cannot run here at all
  • Payout caps per cycle (e.g. 2,000 USD on a 100K Summer account) limit how fast a strong EA can withdraw
  • Most programs start at a 50% split and require scaling to reach the higher share
  • Daily loss limits are tight (3% on the Summer Plan); wide-swinging EAs need conservative sizing

Overview

The5ers has funded traders from the United Kingdom since 2016, which makes it — after FTMO — the oldest firm in this comparison and one of the very few to have survived a full decade of the prop industry's boom and shake-out. Its 4.7 Trustpilot rating across more than 1,300 reviews reflects that longevity.

For EA traders the reason to look here is simple: The5ers has the most usable EA policy of any firm in this comparison. Where FundedNext buries automation in add-ons and account caps, The5ers allows EAs on every program with a single, sensible hard requirement — a stop-loss on every position.

Challenge Model & Cost

The5ers runs a spread of programs at different speeds. The Bootcamp is a low-cost 3-step ramp (from about 22 USD for a 20K account), Pro Growth and Hyper Growth are 1-step routes, the Summer Plan is a 2-step, and High Stakes is the aggressive, high-split option. Account sizes span 5,000 to 250,000 USD, and platforms are MT5, cTrader and TradingView.

The stand-out is entry cost. A Pro Growth 5K starts around 52 USD and a Bootcamp 20K around 22 USD — cheap enough to prove an EA on a funded evaluation before committing to a large account, which is exactly how we would recommend approaching any prop firm with a robot.

Profit Split & Payouts

Split structure depends on the program. Bootcamp, Pro Growth and Hyper Growth start at 50% and scale — quickly, by the next stage in the scale-up plan — to 75% and onward to 100%. High Stakes starts higher, at 80%, and also scales to 100%. Payouts are bi-weekly.

The trade-off is a payout cap per cycle: 2,000 USD on a 100K Summer account, 3,000 USD on a 200K, and similar caps on High Stakes. For a strong EA this throttles how fast profit can be withdrawn — a real consideration if your robot is genuinely productive. Minimum withdrawals run from 150 to 500 USD depending on program.

Rules

The5ers publishes a clear prohibited-practice list — one-sided bets, arbitrage, the news "bracket" strategy, system exploitation, over-leveraging and inconsistent position sizing. Drawdown rules are program-specific; the Summer Plan, for example, uses a 3% daily and 6% total limit with a 50% best-day consistency rule.

What makes the rulebook EA-friendly is not that it is loose — it is that its hard requirement is the same discipline a good EA already has: a stop-loss on every position. An EA built to survive live trading passes The5ers' core rule by construction.

EA & Algo Suitability

Expert Advisors are allowed on all programs, including Bootcamp and Instant Funding (Hyper Growth). The one mandatory condition is a stop-loss order on every position. The prohibited EA functions are exactly the behaviours our own methodology marks down: copying other people's signals, tick scalping, latency arbitrage, reverse and hedge arbitrage, and the use of emulators.

The one hard limit is the platform list: no MT4. An MT5, cTrader or TradingView-based EA is fully supported; an MT4-only robot simply cannot run here. For most modern EAs — and every one built on MT5 — The5ers is the cleanest prop environment in this comparison for a defined-risk, stop-loss strategy.

Scaling

The scale-up plan is the mechanism that turns the modest starting split into a real income. Growth and Bootcamp accounts move from 50% toward 75% and up to 100% as you clear stages; High Stakes runs 80% to 100%. Combined with account growth, a consistent EA can climb the ladder without buying a larger challenge up front — the reason the cheap Bootcamp entry is more than a gimmick.

Verdict

For an EA trader, The5ers is the standout of this group. A ten-year record, the clearest EA rules — a stop-loss on every position, exactly what a sound robot already does — and a cheap entry that lets you prove the EA before scaling. The two caveats are concrete: no MT4, so MT5 or nothing, and payout caps that throttle a very productive account. If your EA is MT5-based with a stop-loss on every trade, start here and read passing a prop-firm challenge with an EA for the sizing; if you need MT4, look at FTMO or FundedNext instead.