The5ers Bootcamp Program
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Key Points:
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The Bootcamp program is a 3-step evaluation, where the trader only pays the majority of the evaluation fee once they have passed. This makes it a great option for beginner traders.
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There are two account sizes available: $100K and $250K.
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For the $100K account the initial evaluation fee is $95, and once the evaluation is passed the trader must pay an additional $205 for the live funded account.
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For the $250K account the initial evaluation fee is $225, and once the evaluation is passed the trader must pay an additional $350 for the live funded account.
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There is also a $20K Bootcamp account, which is only available during certain promotions.
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The trader must make 6% profit to pass each evaluation phase, with a maximum loss limit of 5% and no daily loss limit during the evaluation.
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Once the trader has a live funded account the maximum loss limit is 4% and if the trader loses 3% in a day the account will pause until the following day.
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The initial profit split is 50%, and this increases to 75% after the first scale up which happens when the trader reaches 5% profit on the live account. Payouts can be requested from the live account every 14 days.
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The live account scales up every time the trader makes 5% profit, until the account reaches $4M.
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Leverage on the Bootcamp accounts is up to 1:10, news trading is allowed, and there is no time limit to pass the evaluations.
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Learn everything you need to know before signing up with The5ers from our full The5ers Review