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://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.