The 5%ers - High Stakes Challenge - 2-Steps 5K

**News Trading** - **For Hyper-Growth, Pro Growth, Bootcamp and Summer Plans:** News trading is allowed except for bracket strategies around news. - **For High Stakes:** Executing orders 2 minutes before until 2 minutes after high-impact news is prohibited. **Copy Trading** - **Allowed for:** High Stakes and Hyper-Growth with Limitation - **Limitation:** Once a trader has more than $500K under management, taking the same trades across accounts will no longer be possible - **External account copy trading:** Allowed under the condition that the account belongs to the same traders; third-party copy trading is not allowed - **Bootcamp accounts:** Copy trading is not allowed between two Bootcamp accounts **Expert Advisors** - **Expert Advisors are allowed, as long as it's aligned with terms and conditions** - **Required conditions:** - The EA must set a Stop Loss (SL) order on every position - **Prohibited EA functions:** - Copy trades from other persons' signals - Perform tick scalping - Perform latency arbitrage trading - Perform reverse arbitrage trading - Perform hedge arbitrage trading - Use emulators - **Enforcement:** Any accounts found using EAs that violate these rules will be canceled, banned, and not refunded - **Applies to:** All programs including Bootcamp and Instant Funding (Hyper Growth) **High Stakes Program** - **Minimum of 3 profitable days required** - **Profitable day definition:** A day on which the closed positions made a positive profit of at least 0.5% of the initial balance **Bootcamp Rules** - **Stop-loss requirement:** Mandatory for all positions and orders and must be set within 3 minutes of placement - **Risk limit:** The SL in any position must not risk more than 2% of the account balance - **Daily pause:** 3% daily pause "soft breach" during funded stage - **Risk violations:** Opening a position without an SL order, or risking more than 2% of the account balance in a single position, will be considered a risk violation - **Account termination:** 5 risk violations will lead to automatic account termination **Prohibited Practices** - **One-sided bets:** A trading strategy where the user takes consistent positions in one single direction without considering market conditions or conducting proper analysis - **Arbitrage:** Use exploitation of price discrepancies or glitches within different markets of similar or identical assets - **Bracket strategy:** Trading bracketing strategy by opening pending orders around high-impact news. It consists of opening buy and sell stops close to the price before the news - **System exploitation:** Intentionally or unintentionally employ trading strategies that take advantage of errors within the system, such as inaccuracies in price display or delays in updating - **Overleveraging:** Overleveraging or overexposure to a single instrument or correlated instruments in a manner inconsistent with market-standard risk management practices that a reasonable person would apply when trading with their own capital - **Position sizing inconsistency:** Opening position sizes or a number of positions that are substantially larger or smaller than your typical trading activity, whether compared across your own accounts or between your evaluation and funded account stages; or repeatedly concentrating risk in a single instrument or group of correlated instruments in a way that builds cumulative overexposure beyond what market-standard risk management would permit - **Other prohibited practices:** [https://help.the5ers.com/prohibited-trading-practices/?__cf_chl_f_tk=DAJirx6wO8YgiVwW463w0OToN_T6jMtrEdsFNAcIww0-1782985607-1.0.1.1-ojhvBa.gkCBvqt5LICHeY97.zWFIdTdrKe0zN1cCN8Y](https://help.the5ers.com/prohibited-trading-practices/?__cf_chl_f_tk=DAJirx6wO8YgiVwW463w0OToN_T6jMtrEdsFNAcIww0-1782985607-1.0.1.1-ojhvBa.gkCBvqt5LICHeY97.zWFIdTdrKe0zN1cCN8Y) **Inactivity Rule** - **Expiration:** Accounts without new orders for more than 30 consecutive calendar days will expire

**For the Bootcamp, Pro-Growth and Hyper-Growth programs** - Traders start with a 50% profit split, but they can quickly grow that to 75% already by the next stage in the scale-up plan. Traders can scale up the profit split to 100%. **High Stakes program** - Traders start with an 80% profit split and can also scale that up to 100%. **Payout Frequency** - Traders have the possibility to withdraw their profits on a bi-weekly basis. - The minimum amount eligible for withdrawal is $150, after the profit split has been applied. **The minimum withdrawal amount is $150, or $250 for the Summer Plan.** **Funded Profit Target (1-Step Summer Plan):** - The funded profit target remains the same as the evaluation profit target at 10% **Payout Cap (Summer Plan):** - Payouts are capped at $2,000 per payout cycle. **Commission Percentage on payouts**: - Rise, Cryptocurrencies, and Bank Transfers - 3.5% - HUB Credits - No commission percentage Full details about the scaling plan and profit split can be found via this link: https://help.the5ers.com/how-much-is-the-profit-split-in-the5ers/