Drawdown Rules for
The5ers
Everything you need to know about The5ers's drawdown rules and how to avoid violating them during your evaluation.
Rules summary
Max Drawdown
6%
Fixed
Daily DD
N/A
Not applicable
Phases
1
Direct evaluation
Cost
$39 - $875
Depending on account size
How does The5ers calculate drawdown?
DD Maximum Drawdown: 6% (Fixed)
The5ers uses a fixed maximum drawdown of 6%. This means your balance can never fall more than 6% from your initial balance. For example, if you start with $100,000, your account cannot drop below $94,000 at any point during the evaluation.
24h Daily Drawdown: Not applicable
The5ers does not apply a separate daily drawdown limit. You only need to respect the overall maximum drawdown of 6%. However, this doesn't mean you can be reckless in a single day — a large loss in one session can consume a significant portion of your total margin.
Common mistakes with The5ers's rules
These are the most frequent mistakes we see among traders trying to pass The5ers's evaluation.
Using up drawdown margin too quickly
Without a separate daily limit, some traders assume they have more margin than they actually do. Remember: the 6% maximum drawdown is your only buffer for the entire evaluation.
Not considering open trades in the calculation
The5ers calculates drawdown using your equity (balance + open trades), not just your balance. A large floating loss can breach your limit even though you haven't closed the position. Many traders only monitor balance and are surprised when the prop firm notifies them of a violation.
Trading during news without adjusting risk
High-impact events can cause sharp movements that consume your drawdown margin in seconds. With a 6% limit, a spike during NFP or rate decisions can end your evaluation before you can react.
How to monitor your drawdown with The5ers's rules?
Trading Monitor is designed to protect you from drawdown violations during prop firm evaluations like The5ers.
Alerts before the limit
Set The5ers's limit (6% max DD) and receive a push alert on your phone when you're approaching. Enough time to close positions or reduce lot size.
Drawdown by strategy
If you use multiple EAs or strategies on your The5ers account, Trading Monitor shows you each one's drawdown separately using magic numbers. Identify which strategy is pushing you toward the limit.
Sync every 60 seconds
Your MetaTrader data syncs automatically every 60 seconds. No need to check the terminal manually — Trading Monitor does it for you 24/7.
Evaluation period
Create a tracking period with the exact dates of your The5ers evaluation. See your drawdown progress specifically during that period, not mixed with previous trades.
Protect your The5ers evaluation
Don't let a drawdown violation ruin your $39 - $875 investment. Trading Monitor alerts you before you cross the limit.
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