u/Humble-Ad2393

Following up on my previous post about The5ers and their insane trading costs, I wanted to provide a direct comparison with FTMO recorded around the same period. The data doesn't lie.

https://www.reddit.com/r/PropFirmTester/comments/1tbluh5/the5ers_spreads_are_out_of_control_worse_than_a/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

https://reddit.com/link/1tboe55/video/kf4oplwcut0h1/player

This new video is FTMO,you can see What a difference!!!!!!!

I need to vent about the ridiculous trading costs on The5ers. What I just experienced makes it nearly impossible for any trader to remain profitable.

I recently opened a 20-lot position on EUR/USD. Even before the commission was factored in, I was immediately down $250 USD just from the spread. Combined with their $4/lot commission ($80 total), I was down -$330 USD the exact millisecond I clicked "Execute."

For my strategy, I usually set a Stop Loss (SL) of $500. But because the spread is so wide, my effective risk is doubled. You are essentially losing 60-70% of your risk appetite just to pay the "house" before the market even moves.

I already know the support team's excuses: "We are mimicking real market conditions," or "Liquidity was thin." Honestly? A casino is fairer than this. At least at a blackjack table, the house edge is transparent. Here, they advertise "Raw Spreads" but rig the gap so wide that you’re dead before the trade starts.

The Evidence: Side-by-Side Comparison

I compared the environment with FTMO during the same period, and the difference is night and day:

  • The5ers: 3.2 Pips spread on EUR/USD. (Instant -$330 loss on 20 lots)
  • FTMO: 0.4 Pips spread on EUR/USD. (Instant -$40 loss on 10 lots)

[Insert/Attach your two videos here: The5ers video vs. FTMO video]

Technical Breakdown: Why These Spreads are Predatory

1. Industry Standards vs. The5ers

  • Top-tier Brokers (IC Markets, Pepperstone): Raw spreads typically hover between 0.0 - 0.3 pips.
  • Major Prop Firms (FTMO, MyFundedFX): Usually 0.2 - 0.7 pips.
  • The5ers: 3.2 pips. This is 5 to 10 times higher than the industry standard.

2. Design vs. Market (Why this happens)

  • Artificial Markups: It’s clear they are adding a massive "hidden markup" on top of the raw price to increase their profit margins.
  • "B-Book" Protection: By widening the spread, they ensure scalpers start with a massive deficit. It puts you under immediate psychological pressure and makes your SL much easier to trigger.

3. Video Analysis Evidence Looking at my trade logs:

  • The5ers: At 1.17408 entry, I was instantly down significantly because the gap was consistently over 1.0 pip even in "stable" moments.
  • FTMO: The Bid and Ask lines were nearly overlapping, as they should be in a true Raw Spread environment.

Conclusion

This isn't a market issue; it's a platform-specific configuration designed to make challenges harder. Trading with a 3.2 pip spread on a major pair like EUR/USD is a "hidden tax" that kills any long-term edge.

I’ve also heard reports of withdrawal delays recently. It seems like they are speed-running their own downfall. Keep it up, guys—you're doing a great job destroying your own reputation. I'm moving my capital to FTMO.

reddit.com
u/Humble-Ad2393 — 10 days ago

The5ers Spreads are Out of Control – Worse than a Casino?

https://www.reddit.com/r/PropFirmTester/comments/1tboe55/following_up_on_my_previous_post_about_the5ers/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

I need to vent about the ridiculous trading costs on The5ers. I just experienced something that makes it nearly impossible to remain profitable.

I recently opened a 20-lot position on EUR/USD. Even before the commission was factored in, I was immediately down $250 USD just from the spread. On top of that, they charge a $4 per lot commission, which added another $80 USD.

Total damage? -$330 USD the exact millisecond I clicked "Execute."

For my strategy, I usually set a Stop Loss (SL) of $500. But because the spread is so wide, my effective SL on the chart looks like it’s $1,000 away from my intended entry. You are essentially losing 60-70% of your risk appetite just to pay the house.

I already know what Support will say. They’ll give the usual corporate excuses: "We are mimicking real market conditions," or "Liquidity was thin at that moment." Honestly? I think a casino is more transparent and fairer than this. At least at a blackjack table, you know the house edge. Here, they advertise "Raw Spreads," but then they widen the gap so much that you’re dead before the trade even starts.

If you are a scalper or a day trader looking at The5ers, be extremely careful. These "hidden costs" are designed to make you fail.

u/Humble-Ad2393 — 10 days ago