Gil Ben Hur is the mastermind behind the5ers, a prominent prop trading firm. The5ers has received numerous complaints of being a fraudulent operation.
In this post, I’ll try to help you understand how Gil Ben Hur is running this suspected scam and why you should not trust his claims:
What Gil Ben Hur Claims to Be:
Gil Ben Hur is the head of the funding and growth programme of The 5%ers, which is a new proprietary trading firm model. Ben Hur is also the founder of the programme. Having been an individual forex trader on a full-time basis since 2007, he has a long and illustrious experience in the foreign exchange trading market. Order flow and price-action techniques are two areas in which he excels as a specialist.
Gil Ben Hur is a well-respected trading coach while also having previously worked as a portfolio manager for private investors. In 2016, he created The 5%ers, which went on to become a big success, marking the beginning of his experience in the sector of proprietary trading firms.
To put it another way, this one-of-a-kind trading platform gave individual forex traders all over the world the ability to trade more substantial quantities of trading money while also providing them with an awesome career growth choice, or, to put it another way, a great scaling plan.
Examples of Complaints on Gil Ben Hur and His Firm
#1. According to the data on the dashboard, my account was disabled because I had respected the daily loss limit. When I contacted them, they informed me that there was an error in the data on the dashboard, and they held me responsible for an issue that occurred within the system that they are responsible for handling.
#2. Not only have I acquired a 5K High stakes account, but I have also made a total profit of 380 USD and have had three lucrative days. At the moment, my 5K account does not let me to log in, and there is also a problem with the server being down. I believe that this is a scam. Please, fiveers, respond to me and assist me in logging into my dashboard as I did earlier. It’s all about the money and the effort.
#3. This prop firm is a con in disguise. Following the completion of phrases 1 and 2, they awarded me KYC. I correctly accomplished things. However, they did not accept it. Then I sent an email to the 5ers team, and they once again provided me with a link to verify my KYC, but they still refused it. Moreover, they informed me that they are not accountable, and they did not return the money that I had paid them.
#4. Totally and completely insane, without a doubt.
Yesterday, before New York closed, I had a five thousand dollar profit on Xauusd. I had my SL over entry on when Asia opened so that I could cover commission and other expenses. Out of the blue, day broke me and informed me that I had reached my daily loss restriction, which is completely illogical… It makes no sense. Back and forth, I submitted screenshots of everything because I document every trade and position. However, they still refuse to give me back, despite the fact that I have documented everything. FAR AWAY FROM THIS COMPANY AT ALL COSTS. (In the event that you engage in business with them. Read the equity rules that pertain to midnight, which is what captured my attention.
#5. I bought their account, luckily i bought the account once and passed the challenge rounds.
I have completed the steps to get a real account but they invited me for an interview. During the interview, I shared freely, at the end they told me everything was fine. I waited for 5 days and did not receive any response from them.
7 days after the interview they sent me a message saying my strategy did not fit their rules. no further explanation.
#6. The decision was made to give this firm a go; but, after purchasing the challenge, I was unable to log in using either the mobile app or the web browser. They instructed me to wait twenty-four hours for the support team to make contact with me through chat.
They are unable to resolve a straightforward web login or mobile application.
My loyalty will remain with Hantec Trader.
#7. There are a lot of phoney reviews on this website; if you read the reviews with a single star, you will definitely see what occurs once you start making money. They will restrict your trading as a means of rendering it impossible for you to generate a profit. Having profitable traders is not their purpose; if it were, they would not advise a trader on how to trade, how often to trade, or any other relevant information. Despite the fact that you follow the rules, they continue to introduce more and more rules; the issue that arises is why. Well, because they want you to fail, otherwise they would set that standard from the beginning and not once you are funded. And you don’t get a refund neither, which shows, they want your money, not give you a penny. The Big Swindlers
Red Flags in The 5%ers Prop Firm
The proprietary trading industry has boomed in recent years, offering retail traders the chance to manage large accounts in exchange for profit splits and adherence to strict risk parameters. Among the many firms that have entered the space, The 5%ers stands out for its early presence in the market and a model that claims to provide long-term funding to disciplined traders. However, beneath the appeal of its branding and promises, there are several red flags that cautious traders should consider before signing up.
Here’s an in-depth look at the potential issues surrounding The 5%ers’ prop firm:
1. Slow Growth Structure and Misleading Marketing
The 5%ers built its identity around offering traders “low-risk” funding accounts with an emphasis on longevity and sustainable growth. On the surface, this seems like a positive, but a deeper analysis reveals potential issues:
- Slow scaling model: Traders start with smaller accounts (e.g., $6,000 or $10,000) and must grow them incrementally to access larger capital allocations. While this is advertised as prudent capital management, it also dramatically reduces early earning potential for traders, especially when compared to other firms offering $100K–$400K accounts upfront after challenge completion.
- Confusing terminology: The firm claims traders are “funded” with larger capital, but in reality, traders operate on simulated accounts with leverage that reflects lower actual capital commitment. This can mislead newer traders into thinking they are managing real institutional funds.
Red Flag: The marketing sells a dream of big capital and security, but the structure makes rapid financial progress very difficult, especially for experienced traders.
2. High Entry Costs Compared to Competitors
The evaluation fee structure at The 5%ers is significantly higher than what many other top-tier prop firms charge:
- Entry-level programs can cost $200–$500 for very small accounts.
- Unlike other firms with refund policies after successful completion (e.g., FTMO or MyForexFunds), The 5%ers’ refund and profit system is limited, slow, or unclear.
When compared to firms like FundedNext, The Funded Trader, or True Forex Funds—who offer competitive pricing and faster access to larger accounts—The 5%ers often appears cost-inefficient.
Red Flag: High fees combined with small starting accounts suggest the firm may profit more from trader sign-ups than long-term funded accounts.
3. Limited Platform Options and Technical Issues
The 5%ers offers trading mainly on MetaTrader 5 (MT5), which is widely used but limits flexibility for traders who prefer other platforms like cTrader, NinjaTrader, or TradingView integrations. Additionally:
- Several traders have reported platform lags, slippage, and server disruptions, especially during high-volatility sessions.
- Execution problems can invalidate evaluations or negatively impact funded accounts, and in some cases, support has failed to address these issues promptly.
Red Flag: In a trading environment, technology should enhance performance—not become a bottleneck or source of error.
4. Poor Customer Support and Delayed Responses
Customer feedback on Trustpilot, Forex Peace Army, and Reddit reveals a pattern of inconsistent or unresponsive customer service. Common complaints include:
- Delayed responses to technical issues
- Lack of clear answers regarding failed challenges
- Inadequate explanations of rule violations or disqualifications
In an industry where precision and clarity are vital—especially when traders’ real money and time are on the line—this is a critical flaw.
Red Flag: If you can’t get clear, fast support when it matters, it reflects poorly on the firm’s professionalism and commitment to its clients.
5. Rigid and Unforgiving Rules
One of The 5%ers’ most criticized features is its strict rule set, which offers little flexibility:
- Low daily and total drawdown limits can disqualify traders quickly—even if their overall performance is positive.
- News trading restrictions and holding positions over weekends or holidays are often unclear or overly conservative.
- Leverage is low (typically 1:6 to 1:10), which significantly limits trade size and profit potential, especially when working with small capital.
While risk controls are important, overly tight restrictions make it difficult for traders to execute their strategies effectively.
Red Flag: A firm that overregulates performance may be more interested in limiting payouts than fostering successful traders.
6. Unclear Corporate Transparency and Location
Although The 5%ers promotes itself as a global firm, there is minimal publicly available information about its legal entity, regulatory oversight, or corporate governance. The company appears to be registered in Israel, but this is not consistently disclosed in marketing materials.
Key concerns:
- Where is the firm legally based?
- Is the trading environment regulated or monitored?
- Who are the executives or major stakeholders?
In an industry where scams and fake prop firms have emerged, transparency is critical.
Red Flag: A firm that doesn’t clearly state where it’s incorporated or who runs it should be approached with caution.
7. Low Payout Frequency and Limited Payout Methods
Unlike some competitors offering bi-weekly or instant payouts, The 5%ers has a more delayed and bureaucratic approach. Traders often complain about:
- Payouts being processed only once per month
- Strict conditions before eligibility
- Limited payment methods or long processing times
In an age of digital wallets, crypto payments, and instant banking, this is a clear disadvantage.
Red Flag: Delayed payouts hinder trust and may indicate internal cash flow or policy issues.
Conclusion: Proceed With Caution
The 5%ers was one of the earlier entrants in the prop firm market and has built a loyal following based on its risk-controlled approach and “professional development” narrative. However, its current model—characterized by high costs, tight rules, limited scalability, and transparency concerns—may not suit every trader, especially those looking to grow quickly or work with higher capital.
Who should consider The 5%ers?
- Beginners who want to focus on slow, consistent growth
- Traders who thrive under conservative trading rules
- Individuals who prefer structure and don’t mind low leverage
Who should be wary?
- Experienced traders seeking higher capital and payout frequency
- Traders frustrated by slow support and unclear rule enforcement
- Anyone concerned with corporate accountability and platform reliability
In a competitive space filled with funding options, The 5%ers may still have value—but the red flags are real and worth careful consideration before jumping in.
