The5%ers $20,000 Account Rules
Last verified: 2026-03-21 | Official rules page
The5%ers's $20,000 Phase 1 has a $800 daily loss limit (4%), $800 maximum drawdown (static (floor never moves)), and a $1,200 profit target. Minimum 3 trading days. Fee: $95.
Rules by Phase
| phase 1 | funded | |
|---|---|---|
| Daily Loss | $800 (4%) | $800 (4%) |
| Max Drawdown | $800 | $800 |
| DD Type | Static | Static |
| Profit Target | $1,200 | None |
| Min Days | 3 | None |
| News Trading | allowed | allowed |
| Overnight | Yes | Yes |
What This Means In Practice
You can lose max $800 in a single day.
Your account can never drop below $19,200.
If you grow to $30,000, the floor stays at $19,200(static). Your profits don't shrink your safety net.
At 1% risk per trade ($200), you can take 4 losing trades before hitting the daily limit.
Pros
- +Static drawdown — simple, forgiving
- +News trading fully allowed
- +Overnight and weekend holding allowed
- +Scaling up to $4M account size
- +Profit split reaches 100% for consistent traders
Cons
- -Tight drawdown (4% daily AND 4% max)
- -Profit split starts low at 50%
- -MT5 only — limited platform choice
- -Primarily forex — limited instrument selection