By reading this article.
- I would like to know about the trading environment of The5ers, an international prop firm!
- Is the trading environment actually excellent?
We will solve the above concerns!
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Thisarticle is called “A detailed explanation of the trading environment of The5ers”.
- Trading environment of The5ers' plans (regarding trading commissions and spreads)
Prop firms are one type of trading that has been gaining more and more attention in recent years, offering traders unique opportunities. In Japan, awareness of prop firms is spreading a bit, starting with Fintokei, but there are still very few people who know about prop firms overseas.
The author, who has actually analyzed and used nearly 20 companies, will explain in detail the prop firms he can recommend, company by company.
In this category, I will explain the basic concept of prop firms and explore in detail the characteristics of The5ers and how to get started with them. By doing so, we aim to help you get started with your trading activities through The5ers.
Official: https://the5ers.com/
A well-established prop with safety and scaling!
Enviroment on The5ers
The5ers is a well-known international prop firm that offers traders funding, a program that allows traders to prove their trading skills and trade in the real market with their funds.
The prop firm has been in operation since 2016 and has a solid foundation with a consistent Trustpilot rating of 4.8-4.9.
This article will detail the trading environment of the5ers.
Trading Platforms
The5ers only accepts MT5 (MetaTrader 5) as its trading platform. MT5 is an upgraded version of MT4 and has no basic performance issues. MT5 is an easy-to-use platform for traders, offering more advanced analytical tools and trading options.
Some of the features of MT5 include
- Advanced chart analysis capabilities
- Various order types
- Enhanced automated trading capabilities
Once you open an account, you can easily download MT5 from the dashboard of The5ers' official website. By entering your login ID and password, you can start trading immediately.
On the other hand, while it is a new platform, it may be quite difficult to use it for automated trading, as MT4 is still the mainstream for EAs and the like.
Be sure to check if MT5 is supported before using EAs.
Commission and Spreads
Next, we will explain in detail about the5ers' trading commissions and spreads.
First, let's talk about The5ers' trading commissions, which are $4 per lot round-trip. This is very competitive with other well-known prop firms such as Fintokei, which charges $6.
Many firms have transaction fees of $5 or more per roundtrip, often falling between $5 and $7. Therefore, companies that charge less than $5 are quite good when it comes to low spreads.
As for spreads, the major currency pairs (EUR/USD, GBP/USD, USD/JPY) offer very narrow spreads ranging from 0 pips to 0.9 pips.
Gold is also around 0.2, so you can say that the trading environment is excellent in terms of both commissions and spreads.
Spreads can be checked from the dedicated account
As shown in the image, you can check the actual spread from the official website.
- I'm a little concerned because my trade currency pair is a little minor.
- I want to check the changes in spreads before I actually trade.
We recommend that you check the official site before you buy.
- LoginID 24088398
- Password Investor5ers.
- Server link is OK to check
The5ers' Conditions of Acceptance
The following is a summary of The5ers trading environment.
The5ers is a reliable prop firm that provides traders with a superior trading environment: an MT5-based trading platform, competitive trading commissions, and tight spreads.
These trader-oriented features allow traders to trade efficiently. Take advantage of these features and give trading at The5ers a try.
How to start The5ers
The steps to get started trading at The5ers are designed to be easy to follow for beginners. Below you will find a detailed explanation of the steps from registering with Fintokei to actually starting trading.
Fintokei Registration Procedure
First of all, access the official The5ers website. When you check the official site, you will see the image on the right, and click the “Quick Start” button on the upper right of the image.
Official: https://the5ers.com/
A well-established prop with safety and scaling!
Click on “Quick start” and you will see the following image, then click on “Create an account” at the bottom left of the image.
Click on “Create an account” at the bottom left of the image.
Next, complete your profile settings. Log in to My Page and click on “profile” in the upper right corner.
By entering your personal information, you will be able to skip the subsequent steps, so please do so as soon as possible.
The image has been mosaicked for personal information.
Finally, select the account type you actually want to try. Click on “New order” in the first image and click on
- Challenge account type
- Amount of underlying funds in the account
- Personal information
Select the above three options and move on to the payment screen.
After payment is completed, please download the platform you will need from “download” in “My Page”.
You will receive a confirmation email with your password and ID to your registered email address.
summary
The5ers trading environment is very competitive compared to other prop firms and offers a cost-effective trading environment for traders.
- Comfortable platform to use
- Tight spreads and low trading commissions
- The integrity that comes with public disclosure
This kind of information is an important factor for traders to trade more and maximize their profits.
The5ers are an attractive option for traders who value cost efficiency. If you are up for the challenge, why not check it out?
Official: https://the5ers.com/
A well-established prop with safety and scaling!
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