The 5ers is a proprietary trading firm, not a regulated broker. Prop firms sell simulated-capital challenges — you trade with the firm's capital (real or demo) after paying an evaluation fee. Legitimacy depends on payout track record, transparency, and clear rules, not on financial regulation.
The 5ers currently scores 41/100 on Brokers Watch. The score is a composite of regulation, complaint history, user reviews, transparency, and operational track record — it refreshes as new data lands.
No user reviews have been published for The 5ers yet. If you've traded with them, submit a verified review to help other users.