The5ers rules, in plain English
2-Step Classic ($100,000) · forex/CFD · 5 rules read from the firm's own pages
Independent summary. Not affiliated with, endorsed by or paid by any firm listed. Names belong to their owners. Rules change - check the firm's page before you buy. Report a change
Short answer: on the 2-Step Classic ($100,000) plan, our summary of The5ers's public pages: profit target: Classic: Phase 1 target 8%, Phase 2 target 5%; daily loss: Daily loss is 3% of prior day's higher of closing balance or equity; max loss / drawdown: Max loss is 10% of initial balance. We read these on 2026-11-05 from the firm's public pages (links below). Rules change: check the firm's page before you trade.
Takeaway
For the example trader, the daily loss rule is the one most likely to end this 2-Step Classic ($100,000) account, with a 69% chance that a loss rule breaks within 30 trading days against 31% for reaching the target first. Risking 0.5% per trade instead of 1% brings the 30-day chance down to 1.8%. Your own trades give different numbers: try them in the Prop Firm Rules Check.
The5ers rules: our plain-English summary
- Profit target
Classic: Phase 1 target 8%, Phase 2 target 5%. Applies to: 2-Step Classic, $100,000.
Firm's page for The5ers profit target (opens in a new tab) · checked 2026-11-05
- Daily loss
Daily loss is 3% of prior day's higher of closing balance or equity. Applies to: 2-Step Plan, New and Classic evaluation.
Firm's page for The5ers daily loss (opens in a new tab) · checked 2026-11-05
- Max loss / drawdown
Max loss is 10% of initial balance. Applies to: 2-Step Plan, New and Classic evaluation.
Firm's page for The5ers max loss / drawdown (opens in a new tab) · checked 2026-11-05
- Minimum payout
Need at least $250 in rewards to request withdrawal. Applies to: 2-Step Plan.
Firm's page for The5ers minimum payout (opens in a new tab) · checked 2026-11-05
- Other payout terms
Payouts are capped at $2000 per cycle. Applies to: 2-Step Plan.
Firm's page for The5ers other payout terms (opens in a new tab) · checked 2026-11-05
Not yet checked (we could not confirm it on a page we could read): Minimum trading days, Profit split. That does not mean there is no such rule; check the firm's page.
What these rules mean in money
- Account size used: US$100,000 (the size the firm's page gives its numbers for).
- Daily loss room: US$3,000 = 3% of the account. At 1% risk per trade that is 3 full losses in one day; at 0.5% risk, 6.
- Total loss room: US$10,000 = 10% of the account, static (the floor never moves). At 1% risk that is 10 losses in a row before the account ends.
- Profit target US$8,000 vs total loss room US$10,000: you must make 0.80 times what you are allowed to lose.
- The daily limit is 30% of the total loss room, so two bad days at the daily limit still leave the account room.
| Within | Breaks a loss rule | Reaches the target first |
|---|---|---|
| 5 trading days | 55% | 18% |
| 10 trading days | 67% | 29% |
| 30 trading days | 69% | 31% |
How the table is made: the same made-up trader on every firm page takes 4 trades a day, wins 45% of them, wins 1.5 times what a loss costs, and risks 1% of the starting balance per trade. We replayed 20,000 random 30-day runs against this firm's stated loss limits and target (first event wins; only closed trades counted, so real accounts with open-trade swings break limits more often). Real traders differ, so read these as a way to compare rule sets, not as a rating of any firm.
Rules that can catch you if…
- …you ask for a small payout: see "Minimum payout" above.
Compare and check
- Alpha Capital Group rules (Alpha Pro 8%)
- Aqua Funded rules (2 Step Pro)
- Audacity Capital rules (Ability Challenge (2 steps))
- Blue Guardian rules (2 Step Standard)
- All prop firm rule pages
- Prop Firm Rules Check: your own trades against these rules
- Consistency rule calculator
Independent summary. Not affiliated with, endorsed by or paid by any firm listed. Names belong to their owners. Rules change - check the firm's page before you buy. Report a change
We take no commission from any prop firm: no affiliate links, no discount codes, no ratings. General information, not financial advice.