The5ers Unveils Enhanced Reward Structure for High Stakes Program

The5ers has announced an exciting update to its High Stakes program, introducing a new reward structure designed to incentivize traders from the earliest stages of their evaluation. This initiative aims to recognize participants' efforts as they progress through the challenging funding program. If you want broader context on the firm, you can review our The5ers review.

Updates on High Stakes Program Rewards

The company has revamped its benefits, offering credits and refunds at various milestones of the process. This new structure replaces previous bonuses upon completing evaluation phases.

Enhanced Reward Structure

The new reward policy activates as follows:

• Upon Passing Phase 1: Traders will receive 10% Hub Credit.
• Upon Passing Phase 2: An additional 10% Hub Credit will be awarded.
• Upon Reaching Funded Stage: Traders will receive a 70% refund of the challenge cost, along with an additional 10% Hub Credit.

Refund Details

The 70% refund will be available starting May 3rd. It will be processed with the trader's first profit withdrawal, once a minimum of $150 in profit has been generated in the funded account.

High Stakes Program Overview

The5ers' High Stakes program is a two-phase evaluation offering, designed to identify and fund traders with consistent skills. Adhering to the principles of most prop firms, it offers flexibility and growth opportunities. This update also makes more sense alongside another recent High Stakes article: the new entry option with revised targets.

Evaluation Phases

The program is structured into two key stages:

• The first phase assesses the trader's operational capability and risk management.
• The second phase is for validation, featuring a more accessible profit target to facilitate its completion and progression to a funded account.

Profit Target Options

Participants can choose between two modalities to achieve their profit targets:

• Classic: Requires an 8% profit in Phase 1 and 5% in Phase 2.
• New: Demands a 10% profit in Phase 1 and 5% in Phase 2, but at a more competitive entry price. Trading conditions, leverage, and loss limits remain identical for both options.

Key Program Rules

To ensure prudent and sustainable trading, the program enforces the following guidelines:

• Maximum Total Loss: 10%
• Maximum Daily Loss: 5%
• Minimum Profitable Days: 3 days with a profit of 0.5% or more.
• High-Impact News: Positions may be held open during these events. However, it is strictly prohibited to open or close any position 2 minutes before or after a high-impact news event. If this is central to your strategy, you can also compare it with our list covering prop firms and news trading rules.

Scaling and Profit Share

The5ers' scaling plan allows traders to increase the size of their funded account:

• Scaling requires a 10% profit.
• Profit sharing begins at 80% until $150,000 in accumulated profits is reached.
• This percentage increases to 100% once the account reaches $350,000.
• Beyond $350,000, traders receive a monthly salary of $4,000 and a personalized contract.

Leverage

The leverage available for the High Stakes program is 100:1.

Contact Information

For any further inquiries regarding this new reward structure or the details of the High Stakes program, traders are encouraged to contact The5ers support team via email at help@the5ers.com.