The most comprehensive MT5 prop firm directory. 15 firms compared by EA policies, hedging rules, news trading permissions, instrument count, and real trader reviews.
MetaTrader 5 isn't just MT4 with extra features. It's a fundamentally different platform — built for multi-asset, algorithmic and institutional-grade trading.
Forex, stocks, futures, commodities and options from a single workspace.
Switch between retail hedging and institutional netting on the same account.
Real-time news + impact flags inside the platform — no plugins required.
Level II order book data on supported instruments and brokers.
Multi-threaded, tick data, genetic optimization for serious EA development.
More granular analysis and more nuanced pending order strategies than MT4.
| Feature | MetaTrader 5 | MetaTrader 4 |
|---|---|---|
| Timeframes | 21 | 9 |
| Pending Order Types | 6 | 4 |
| Asset Classes | Forex, Stocks, Futures, Commodities, Options | Forex, CFDs (limited) |
| Hedging + Netting | Both modes supported | Hedging only |
| Strategy Tester | Multi-threaded, tick data, genetic | Single-threaded, basic |
| Depth of Market | Yes (built-in) | No |
| Economic Calendar | Built-in | External only |
| Programming Language | MQL5 (object-oriented) | MQL4 |
Every firm independently verified. Approximate $100K challenge pricing shown. Tap any column to scan for the policy that matters to your strategy.
| Firm | EA Policy | Hedging | News Trading | Instruments | Entry Fee ($100K) | Profit Split | Max Scaling | Trustpilot |
|---|---|---|---|---|---|---|---|---|
| FTMO | Allowed | Limited | 750+ | $540 | 80–90% | $2M | 4.8 | |
| FundedNext | Allowed | Yes | 900+ | $549 | 80–95% | $4M | 4.7 | |
| Hola Prime | Allowed | Yes | 1000+ | $499 | Up to 95% | $4M | 4.8 | |
| The5ers | Allowed | Yes | 250+ | $595 | Up to 100% | $4M | 4.6 | |
| MyForexFunds (E8) | Allowed | Limited | 300+ | $528 | 80% | $1M | 4.3 | |
| Funded Trading Plus | Allowed | Yes | 400+ | $499 | Up to 90% | $2.5M | 4.7 | |
| Topstep FX | Limited | Limited | 100+ | $525 | 80% | $1M | 4.5 | |
| City Traders Imperium | Allowed | Yes | 350+ | $489 | Up to 100% | $4M | 4.4 | |
| Lux Trading Firm | Allowed | Yes | 300+ | $579 | 75% | $10M | 4.2 | |
| Smart Prop Trader | Allowed | Yes | 500+ | $565 | 80–90% | $1.5M | 4.5 | |
| Goat Funded Trader | Allowed | Yes | 600+ | $525 | Up to 95% | $2M | 4.6 | |
| Alpha Capital Group | Allowed | Limited | 250+ | $555 | 80–90% | $2M | 4.5 | |
| Blue Guardian | Allowed | Yes | 300+ | $489 | Up to 90% | $2M | 4.4 | |
| Audacity Capital | Limited | Limited | 200+ | $649 | 75–85% | $1M | 4.1 | |
| Maven Trading | Allowed | Yes | 400+ | $499 | 80–90% | $2.5M | 4.5 |
The six firms our team rates highest on a balance of EA support, payout reliability, scaling, and trader reviews.
Battle-tested rules, instant payouts, massive trader community
Unique edge: Trustpilot 4.8 from 12,000+ reviews — the benchmark every firm is measured against.
Visit FTMOUp to 95% profit split, ultra-fast 1-hour payouts
Unique edge: 1-hour payout guarantee — the fastest in the industry.
Visit Hola Prime15% profit share from challenge phase, 5 unique models
Unique edge: Pays the first profit share even if you lose the account afterwards.
Visit FundedNextNo time limit on challenges, 100% split available
Unique edge: Hyper Growth program doubles account size every profit milestone.
Visit The5ersMultiple challenge types, no consistency rule
Unique edge: Express, Standard and Master Plus — pick the rules that fit your style.
Visit Funded Trading PlusAggressive pricing, frequent discounts, fast payouts
Unique edge: 95% profit split unlocked through performance milestones.
Visit Goat Funded TraderEAs are MT5's killer feature for prop traders — but most prop firms have explicit rules about what kinds of automation are permitted.
Strict per-trade and daily risk caps. Defined max drawdown. No martingale, grid, HFT, latency or arbitrage logic.
Trend-following breakout EAs, mean-reversion on majors, supply/demand zone trading, session-based scalpers (where allowed).
MetaQuotes marketplace ships thousands of EAs — but firm-specific risk constraints often require custom-coded MQL5.
Tick-data backtesting in the MT5 Strategy Tester, then 4+ weeks of forward testing on demo before risking challenge fees.
Running any of the following will void your challenge and trigger an instant account closure with virtually every reputable MT5 prop firm.
Both platforms have devoted communities. Here's the honest breakdown of where each one wins.
| Aspect | MetaTrader 5 | cTrader |
|---|---|---|
| Asset Classes | Forex, stocks, futures, commodities, indices, crypto CFDs | Primarily forex + CFDs |
| Automation | MQL5 EAs, vast marketplace, mature ecosystem | C# cAlgo, smaller but cleaner ecosystem |
| Charting | Solid, 21 timeframes, customizable | Best-in-class charting, more drawing tools |
| Execution | Broker-dependent; varies | True ECN, transparent depth, no requotes |
| Hedging | Hedging + netting modes | Hedging only |
| Prop Firm Support | Supported by virtually every major firm | Growing but more limited |
Our recommendation: Choose MT5 if you trade multiple asset classes, depend on EAs, or want the widest selection of prop firms. Choose cTrader if you're a pure-forex trader who values clean ECN execution and pro-grade charting above all else.
The cheapest challenge is never the best deal. Run every firm against this 8-point checklist before paying for a single evaluation.
Deploy proven Expert Advisors with MQL5's object-oriented engine and a marketplace of thousands of strategies.
Forex, indices, commodities, stocks and crypto CFDs in a single workspace — no switching terminals.
Tick-by-tick backtests with genetic optimization across multiple cores — validate EAs in hours, not days.
Real-time high-impact event flags directly inside the platform — no third-party tools needed.
Every serious MT5 prop firm publishes documented rules for EAs, hedging and news trading.
Run grid-aware risk strategies in hedging mode or institutional-style netting on the same platform.
Four categories, four winners. Trade with the platform you know and trust.
The industry standard for a reason — proven payouts, deep liquidity, massive community.
Visit FTMOTransparent EA policy + 95% split + 1-hour payouts.
Visit Hola PrimeAggressive pricing without compromising payout reliability.
Visit Goat Funded TraderTrade with the platform you know and trust. Choose the right MT5 prop firm for your strategy — and stop paying for evaluations that don't fit the way you trade.