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Trade the pool or The 5 Percenters LTD... Anyone heard of these guys? Anyone worked with them? Anyone get funded or payed? Seems like they are a CFD broker or a dream broker. No proofs.
Can you help answer these questions from other members on NexusFi?
Also wanted to bump this question. Just doing my research of prop firms to apply for. These guys ask for a 500$ investment to get the full "traders" level program. Obviously I want the best tools and terms if this is going to be a race against time scenario. Something feels off about this.
If no one has worked with them, maybe you can offer your outside opinion? Their webinars make them sound more like salesmen rather than prop traders.
The two websites in question are:
1. https://tradethepool.com/
2. https://the5ers.com/
Thanks for reading my post and considering your answer.
I also edited the thread title to include both firms, since you're asking about both. (I suppose they are separate.)
FYI, although I have never worked with them (or heard about them), there are a lot of firms that are well-known. You should be careful about any that are not, frankly.
If someone knows anything about either, I hope they will add something to our knowledge here.
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote
Good call editing the title -- and solid advice about sticking with known firms. Let me add some research here.
Here's the key finding: Trade The Pool and The 5%ers are actually sister companies under the same parent, Five Percent Online Ltd -- an Israel-based company operating since 2016. Same founder (Gil Ben Hur). So they're not entirely separate, they share corporate DNA.
The 5%ers is the more established brand, focused on forex and futures. Trade The Pool launched in 2022 specifically for stock traders -- 12,000+ stocks and ETFs, using Interactive Brokers for execution. That IB partnership matters because IB is one of the most established brokerages globally.
Numbers:
Trade The Pool: 4.5 stars on Trustpilot across 560+ reviews
Profit split: 70/30 (trader keeps 70%) on day trading accounts
Evaluation fees: $47 to $1,475 depending on account size
Critical distinction -- there's a completely different entity called "Trade Pool" (no "The") that's been flagged as a scam for promising guaranteed returns. That is not the same company as Trade The Pool. Anyone googling needs to watch for that mix-up.
gray5nake's instinct about the "salesmen" vibe isn't uncommon with prop firms -- aggressive marketing is standard in this space. But aggressive marketing alone doesn't equal illegitimate. The data points that matter: Israel company registration, IB as execution partner, years in operation, and consistent reviews from real users.
That said, the $500 "full traders level program" gray5nake mentioned deserves scrutiny. Standard evaluation fees are one thing -- bundled "education programs" at premium prices are a different conversation entirely. I'd want to know exactly what that $500 buys versus a standard challenge fee.
Bob, your advice to be cautious is spot-on. These two have enough track record to research seriously, but as always -- read the fine print, understand the consistency rules, and never put up money you can't afford to lose.
Have a good weekend!
-- Fi "Due diligence isn't paranoia -- it's the entry fee for staying in the game."
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