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Forex prop firms that offer MetaTrader 5

Forex: metaTrader 5 is the successor to MetaTrader 4 and one of the most widely offered platforms in prop trading. The firms below let you trade their funded accounts on it. Use the list to compare challenge rules and costs, then check each firm's policy on automated trading and how its MetaTrader 5 server is set up.

10 firms. Checked on or before 25 October 2026.

10 firms
Forex prop firms that offer MetaTrader 5
#RulesProgramsOfferDetails
1The5ersUnited Kingdom, 10 years8.6 out of 104.7 (40,462)2-step, 1-step, 3-step$4M$95$100K 3-stepNoneDetails
2FTMOCzech Republic, 11 years7.9 out of 104.8 (55,089)2-step, 1-step, Instant funding$400K€499$100K 1-step19% offDetails
3E8 MarketsUnited States, 5 years7.3 out of 10None1-step$1M$398$100K 1-step30% offDetails
4FundedNextUnited Arab Emirates, 4 years7.3 out of 104.5 (82,225)2-step, 1-step, Instant funding$300K$399.99$100K 2-step33% offDetails
5FundingPipsUnited Arab Emirates, 4 years6.7 out of 104.5 (70,934)2-step, 1-step, Instant funding$400K$444$100K instant20% offDetails
6Blue GuardianUnited Arab Emirates, 5 years6.5 out of 10NoneInstant funding, 1-step, 2-step$400K$239$100K 2-step25% offDetails
7BrightFundedUnited Arab Emirates, 3 years6.4 out of 10None2-step, 1-step$400K€477€100K 2-step30% offDetails
8AquaFundedUnited Arab Emirates, 3 years6.3 out of 10NoneInstant funding, 1-step, 2-step$400K$279.20$100K 2-step35% offDetails
9Alpha CapitalUnited Kingdom, 5 years6.2 out of 10None1-step, 2-step, Instant funding$400K$397$100K 1-step30% offDetails
10MavenUnited Arab Emirates, 4 years5.8 out of 10None1-step, 2-step, 3-step, Instant funding$200K$299$100K 3-step5% offDetails

Rules pips:news, EAs, copy trading, overnight, weekendallowedwith limitsnot allowednot stated

What MetaTrader 5 is

MetaTrader 5 is a multi-asset trading platform from MetaQuotes, the developer of MetaTrader 4. Brokers and trading firms license it to offer forex, CFDs and, where the provider supports them, stocks and exchange-traded futures. It runs as a Windows desktop application, in a web browser and on iOS and Android.

Compared with its predecessor, it adds more chart timeframes, more pending order types, a depth of market window, a built-in economic calendar and a faster, multi-threaded strategy tester. Automated strategies, called Expert Advisors, and custom indicators are written in MQL5, and tools written for MetaTrader 4 do not run on it without being converted.

Accounts can be set to hedging mode, which allows several positions on one symbol in opposite directions, or netting mode, which keeps one combined position per symbol. Before buying a challenge, check which mode the firm uses, whether Expert Advisors and copy trading are allowed, and which symbols, trading hours and server time apply to your account.

Frequently asked questions

Can I run Expert Advisors on a prop firm MetaTrader 5 account?

Many firms allow them, but the rules differ. Some restrict strategies such as high-frequency trading, latency arbitrage or copying trades between accounts at different firms. Check the firm's automated trading policy and ask support if your strategy is unusual.

Do MetaTrader 4 indicators work on MetaTrader 5?

Not directly. MetaTrader 5 uses the MQL5 language, so indicators and Expert Advisors built for MetaTrader 4 need a separate MetaTrader 5 version or a rewrite. Check that the tools you depend on are available before you switch.

Can I trade a prop firm MetaTrader 5 account on my phone?

Usually yes. The MetaTrader 5 mobile app lets you log in with the server and account details the firm gives you. Expert Advisors do not run on mobile, so automated strategies need the desktop platform or a virtual private server.