whats the pros & cons of 5ers prop firm?
The 5ers has really good spreads, they support 3 withdrawal methods: Rise, Hub Credit & Crypto and they charge a 2% fee on withdrawals. 5ers withdrawal time takes nearly 4 days if there are no issues with your kyc.
so i need to create a rise account before i can withdraw, guess i can do so from their website
5ers prop firm will interview you after you pass the 2nd phase, before they give you the payout
PROS: Unlimited time limit, Good risk management with daily pause which forces you to take a break & stop trading for a while each day, 100% profit share, Instant funding options available, beginners can start bootcamp challenge without paying any fees but will only control $20k account size if they are successful
CONS: No free trial, Low leverage not exceeding 1:30, High challenge fees for instant funding option
The 5ers has really good spreads, they support 3 withdrawal methods: Rise, Hub Credit & Crypto and they charge a 2% fee on withdrawals. 5ers withdrawal time takes nearly 4 days if there are no issues with your kyc.
5ers prop firm will interview you after you pass the 2nd phase, before they give you the payout
It's just a simple interview, there's nothing to worry about, they ask you basic questions about your approach to trading & motivation.
The 5ers has really good spreads, they support 3 withdrawal methods: Rise, Hub Credit & Crypto and they charge a 2% fee on withdrawals. 5ers withdrawal time takes nearly 4 days if there are no issues with your kyc.
Please how is 5ers scaling plan, do withdrawals affect scaling?
Please how is 5ers scaling plan, do withdrawals affect scaling?
No, withdrawals do not affect the scaling plan at 5ers. For example, if you were required to make a 10% profit to scale, but you had already withdrawn 6%, you will only need to make 4% to qualify for scaling.
No, withdrawals do not affect the scaling plan at 5ers. For example, if you were required to make a 10% profit to scale, but you had already withdrawn 6%, you will only need to make 4% to qualify for scaling.
Bro pls whats the minimum withdrawal at 5ers?
Bro pls whats the minimum withdrawal at 5ers?
Minimum withdrawal is $150