The 5%ers is a proprietary firm with an office based in the UK, London. They offer instant funding account models with low-risk or aggressive-risk features. You can choose from $6,000, $10,000, and $20,000 instant funding account sizes, which can be scaled up to $4,000,000 in size.
Another option you can opt for is their newer $100K or $250K Bootcamp challenge model, which has the potential to scale up to $4,000,000 in size. They allow you to trade on MetaTrader 5 while using a 3rd party program as their broker.
The 5%ers Trader’s Interview
The 5%ers shared a trader’s interview with a trader named Variya. She has just successfully passed the Bootcamp challenge. She is now one of The 5%ers funded traders and is trading a $100K funded account.
In The 5%ers Trader’s interview, Variya talked about her trading plan, insights, and lessons gained while trading in the Forex market and The 5%ers platform as a funded trader.
Variya is from Thailand but now living in France for her professional career. She shared that she loves trading and started Forex trading around two years ago. Two years ago, she started on it with gold trading as major pair. Then learn that some proprietary firms are in the market, funding qualifying traders with a significant amount of funds. So, she stopped her personal portfolio trading and focused only on passing the firm’s evaluation.
Variya shared that she always uses Average True Range in a Daily timeframe to calculate the stop loss point. Sometimes it is 100% of the ATR Daily range, and sometimes 75% or 50%.
Her advice for other traders is to stop trading addiction, keep calm, accept the loss, and move on. She thinks the key to developing psychology is to learn from your mistake. Understand what the root cause is and why it happens. Then reinforce yourself to avoid making the same mistake. It is hard, but you need time to overcome it. Her next objective is to reach a 5% profit to scale up her account. For more details about the interview, click on the link. If you need to read more about The 5%ers, read the review. Lastly, don’t forget to use our Discount Link for a 5% discount!