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FXVeritas Research Desk
FXVeritas Research Desk maintains broker files from primary and attributable sources. Not a ranking or recommendation.
Methodology review: Research methodology v1 · Last reviewed 23 Aug 2026. Corrections follow the published corrections policy.
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Prop research records
Recorded firm rules and program terms from existing public research. These are source records, not a change history.
All research recordsThe5ers · Bootcamp ($20k path)
Program-level record; not an exact account-size SKU or a firm-wide rule.
Profit target: 6% then 6% then 6%
Max total loss: 5%
Evaluation $20k path isolated 2026-09-12: 6% then 6% then 6% targets, 5% max loss. Funded stage is 5% target / 4% max loss / 3% daily pause — not mixed into evaluation fields. Scale-table 5% copy vs 10% header remains unresolved.
Recorded check date: 2026-09-12
Company-published terms do not establish a financial licence, regulatory protection, or independently verified payout performance.
SourceOpen firm rulesThe5ers · High Stakes Classic
Program-level record; not an exact account-size SKU or a firm-wide rule.
Profit target: 8% / 5%
Max daily loss: 5%
Max total loss: 10%
Drawdown type: Static. 10% absolute from initial balance; 5% daily from the previous day close at 00:00 UTC+3
Minimum trading days: 3 profitable days (≥0.5% closed profit)
Current tier, not a retired version: it is still sold and costs more than New at every size in exchange for the easier 8% first phase. Published on the same official page as New and not averaged with it. Rules otherwise match New. Concurrent accounts: 1×$2.5K + 1×$5K + 1× either $10K or $25K + 1× either $50K or $100K.
Recorded check date: 2026-09-03
Company-published terms do not establish a financial licence, regulatory protection, or independently verified payout performance.
SourceOpen firm rulesThe5ers · High Stakes New
Program-level record; not an exact account-size SKU or a firm-wide rule.
Profit target: 10% / 5%
Max daily loss: 5%
Max total loss: 10%
Drawdown type: Static. 10% absolute from initial balance; 5% daily from the previous day close at 00:00 UTC+3
Minimum trading days: 3 profitable days (≥0.5% closed profit)
Current tier, sold alongside Classic on the same official page. Cheaper than Classic at every size but with the harder 10% first phase. Hold over news allowed; no new orders from 2 minutes before until 2 minutes after high-impact news. Overnight and weekend holding allowed. Unlimited time; 30-day inactivity expires the account. Concurrent accounts: 3×$2.5K + 3×$5K + 3×$10K + 1×$25K + 1× either $50K or $100K.
Recorded check date: 2026-09-03
Company-published terms do not establish a financial licence, regulatory protection, or independently verified payout performance.
SourceOpen firm rulesThe5ers · Hedging
Firm-level rule; do not assume it applies to every program.
Conditional
Official programs guide: hedging permitted across programs, with a stop-loss on every position. The stop-loss requirement is stated as mandatory on Bootcamp, so the condition is recorded rather than read as unrestricted.
Recorded check date: 2026-09-03
Company-published terms do not establish a financial licence, regulatory protection, or independently verified payout performance.
SourceOpen firm rulesThe5ers · Overnight holding
Firm-level rule; do not assume it applies to every program.
Allowed
Overnight holding allowed.
Recorded check date: 2026-09-03
Company-published terms do not establish a financial licence, regulatory protection, or independently verified payout performance.
SourceOpen firm rulesThe5ers · Weekend holding
Firm-level rule; do not assume it applies to every program.
Allowed
Weekend holding allowed. Indices may be held over the weekend but carry a high swap.
Recorded check date: 2026-09-03
Company-published terms do not establish a financial licence, regulatory protection, or independently verified payout performance.
SourceOpen firm rulesThe5ers · Hyper Growth / Growth
Program-level record; not an exact account-size SKU or a firm-wide rule.
Profit target: 10%
Max daily loss: 3%
Max total loss: 6%
Weekend hold allowed on Growth marketing.
Recorded check date: 2026-08-23
Company-published terms do not establish a financial licence, regulatory protection, or independently verified payout performance.
SourceOpen firm rulesThe5ers · Arbitrage
Firm-level rule; do not assume it applies to every program.
Prohibited
Arbitrage, hedge/reverse arbitrage, and system-error exploitation are prohibited.
Recorded check date: 2026-08-23
Company-published terms do not establish a financial licence, regulatory protection, or independently verified payout performance.
SourceOpen firm rulesThe5ers · Copy trading
Firm-level rule; do not assume it applies to every program.
Prohibited
Copy/coordination and account-management / pass-your-challenge services are prohibited.
Recorded check date: 2026-08-23
Company-published terms do not establish a financial licence, regulatory protection, or independently verified payout performance.
SourceOpen firm rulesThe5ers · EA
Firm-level rule; do not assume it applies to every program.
Conditional
Only user-owned ATS with prior written approval. Third-party ATS and rollover-night scalping EAs are prohibited.
Recorded check date: 2026-08-23
Company-published terms do not establish a financial licence, regulatory protection, or independently verified payout performance.
SourceOpen firm rulesThe5ers · High-frequency trading
Firm-level rule; do not assume it applies to every program.
Prohibited
HFT (majority of trades a few seconds or less), tick scalping, and bulk simultaneous multi-trade are prohibited.
Recorded check date: 2026-08-23
Company-published terms do not establish a financial licence, regulatory protection, or independently verified payout performance.
SourceOpen firm rulesThe5ers · IP address
Firm-level rule; do not assume it applies to every program.
Prohibited
VPN / geo circumvention is a fundamental breach: no refund, profits forfeited.
Recorded check date: 2026-08-23
Company-published terms do not establish a financial licence, regulatory protection, or independently verified payout performance.
SourceOpen firm rulesThe5ers · News trading
Firm-level rule; do not assume it applies to every program.
Conditional
News bracketing prohibited. High Stakes: no new orders in a 2-minute window around high-impact news.
Recorded check date: 2026-08-23
Company-published terms do not establish a financial licence, regulatory protection, or independently verified payout performance.
SourceOpen firm rules
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Prop firm rule guides
- FTMO daily loss: count equity, then check midnight
The daily limit counts open losses and trading costs. A profitable day does not let you carry the same extra loss allowance past the reset.
- FTMO: choose the rules before the account size
FTMO 1-Step has fewer evaluation phases; 2-Step gives a larger daily loss allowance and offers Swing. Neither route makes the displayed CFD balance withdrawable cash.