The5ers rules explained: a fixed maximum loss and a daily limit that moves
The5ers runs two limits that sound similar and behave nothing alike: one is anchored to the day you bought the account and never moves, while the other is recalculated every night against what you finished with. Knowing which is which is most of the rule set.
Prop firms change their terms, and rules differ by plan size, phase and promotion. The5ers’s own rules page is authoritative — always check it against the plan you hold before you trade.
The5ers at a glance
Where a row says “set per plan size”, the firm states that limit in dollars per account rather than as a single percentage — read it off your own account and enter it when you set the account up.
The maximum loss is 10% measured from your initial balance, and the floor a fixed floor that never moves. The floor is set once and never moves, so every dollar of profit is a dollar of extra room. It is the fixed thing in the account: profit does not raise it, a drawdown does not lower it, and the distance between your equity and that number is the only cumulative risk figure that matters.
The daily drawdown is 5%, but it is taken against the previous day's close rather than against your starting balance. That means the dollar value of your daily allowance moves with the account: a profitable week enlarges it, a losing week shrinks it, and the figure you memorised in week one is wrong by week four.
Because the daily limit recalculates against your last close and the maximum loss does not, the two drift apart as the account grows. Edgekeeper holds the daily limit as a share of the starting balance, which is exact on day one and conservative afterwards on a growing account — if you want it to track your current balance instead, edit the daily loss limit on the account and the app will use your figure.
Why a drifting daily limit misleads people
A trader who grows the account and keeps risking "the same" daily amount is quietly de-risking, which is harmless. The dangerous direction is the other one: a trader who has a losing stretch, keeps sizing to the allowance they remember, and discovers the allowance shrank with the balance. The rule tightened precisely when their judgement was already under strain.
Profitable days, not just days at the desk
3 trading days is the minimum on this rule set. Any day with a trade on it counts, whatever the result. The firm's own requirement is phrased in terms of profitable days, which is stricter than turning up: a session that ends flat or red does not advance the count, however well it was traded.
That distinction is worth planning around rather than discovering. If your style produces a lot of scratch sessions, the calendar cost of the requirement is higher than the number suggests, and rushing it by forcing trades on a quiet day is how a passing account becomes a failed one.
The reset happens at broker midnight
The day rolls at 12:00 a.m. Europe/Athens — server time on the broker's clock, not yours. For most traders outside Europe that is somewhere in the middle of their afternoon or evening, and it is the boundary that decides which day a late trade is charged to.
What most often ends a The5ers account
- Confusing the two limits. One is fixed to the day you started and one moves nightly. Sizing off the wrong one is the most common error at this firm.
- Sizing to a stale daily allowance after a losing week. The allowance shrank with the balance; the habit did not.
- Forcing trades to manufacture profitable days. The requirement is about profit, and a forced session is the least likely kind to produce it.
Tracking a The5ers account
The reason these rules are worth reading closely is that none of them are checked by your platform. Your broker shows you a balance; the firm is watching a floor, a daily limit and a share of profit that your balance alone does not tell you about. Edgekeeper loads this rule set onto an account and does the arithmetic on every trade you log: how much daily loss room is left right now, where the drawdown floor currently sits, how many qualifying days you have, and whether one big day has put the consistency rule between you and a payout.
It also warns you before you write the trade, not after. The point is not to be a scoreboard — it is to be the thing that says "this trade takes you inside the last third of your daily loss" while you can still decide something about it.
Prop firms revise their rules regularly, and they differ by plan size, by phase and sometimes by promotion. Everything above is the rule set Edgekeeper loads for The5ers, checked against the firm's own published rules on the date at the top of this page — but The5ers's own page is the authority, and every field is editable on your account, so if your plan differs you can change it and the app will judge you by your numbers rather than these.
The5ers rules: common questions
What is the maximum loss on The5ers High Stakes?
10% measured from the initial balance on this rule set, held as a floor that a fixed floor that never moves. The floor is set once and never moves, so every dollar of profit is a dollar of extra room.
How is The5ers daily drawdown calculated?
As 5% taken against the previous day's close rather than your starting balance, so the dollar allowance moves with the account. Edgekeeper holds it as a share of the starting balance — exact on day one, conservative on a growing account, and editable if you want it to track your current balance.
How many trading days does The5ers require?
3 on this rule set, and the firm phrases the requirement in terms of profitable days rather than days at the desk. Any day with a trade on it counts, whatever the result.
When does The5ers trading day reset?
At 12:00 a.m. Europe/Athens — the broker's server clock rather than your local midnight, which for most traders outside Europe lands in the afternoon or evening.
Track a The5ers account in Edgekeeper — free
These are the exact rules Edgekeeper loads. Create the account and every trade you log updates your daily loss room, your live drawdown floor, your qualifying days and your payout eligibility — and warns you before a trade takes you past a limit. One prop account is free, forever, no card.
Track a The5ers account freeOther prop firms
New to these limits? Start with daily loss vs. trailing max drawdown.