Figures reflect a common The5ers account at the time of writing. Firms revise rules often, so verify against the The5ers site before relying on them.
Merlin's gauges derive from closed trades. Your firm watches live equity including open positions.
MerlinTrade is independent trading-journal software and is not affiliated with, endorsed by, or sponsored by The5ers. All trademarks belong to their owners.
How to pass without breaching
- →Keep per-trade risk small and consistent: the 5% day is the line most traders breach first.
- →Three trading days is the minimum; spread your entries rather than forcing the target in one session.
Check your exact distance to breach
Drop your balance, peak and limit into the free calculator. No signup.
Open the drawdown calculator →The5ers FAQ
What is The5ers High Stakes drawdown?+
The High Stakes program uses a 10% maximum drawdown alongside a 5% daily loss limit. Verify the current figures on The5ers site as they offer multiple programs.
Track your The5ers rules from your trades.
Import your trades and Merlin computes your distance to every limit from your closed trades, and the Pre-Trade Check flags the trade that breaks your rules before you take it.
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