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Practice with a free The 5%ers paper trading demo before you buy.
This simulator replicates the trading conditions of the The 5%ers $100,000 Regular evaluation. Before spending money on a real challenge, practice here to verify your strategy meets the 10% profit target while respecting the 6% maximum drawdown limit.
The 5%ers uses a balance-based drawdown calculation. Only closed trade losses count toward drawdown. Open positions with floating losses won't trigger the limit — but the daily loss rule still applies to equity.
Commission structure: FX: $4/lot. Metals, Energy, Crypto: 0.0001%. Indices: None.
These rules are often overlooked by traders. Practice with them in mind to avoid surprises on your real challenge.