By Alex Firdaus · Updated July 14, 2026 · 18 min read
Match Trader is now used by over 60 prop firms. The platform is consistent across firms, but spreads, drawdown rules, instruments, and payout speed vary entirely by firm. This list covers firms where Match Trader is a primary platform and the overall package is strong enough to recommend. FundedNext and The5ers lead for most traders.
Contents
What is Match Trader and what does it actually do?
Match Trader is a trading platform built by Match-Trade Technologies. It is not a broker and not a prop firm. It is infrastructure that prop firms license. The platform runs as a Progressive Web App (PWA), which means it loads in your browser, can be pinned as a desktop shortcut, and works on mobile without a separate app store download.
The platform became the dominant infrastructure choice for prop firms after MetaQuotes removed retail prop firm access in early 2024. Firms needed an alternative fast. Match Trader went from a niche option to the platform powering roughly 60 prop firms in under a year. FundedNext, FundingPips, The5ers, Maven Trading, and E8 Markets all moved to it during that window.
What Match Trader gives you
The platform uses TradingView charts natively, with no extra subscription needed. Your drawdown floor, daily loss limit, and profit target are displayed in real time alongside your open positions. Position sizing tools are built in. The interface is clean and the learning curve is short, which matters when you are paying a challenge fee and cannot afford to waste sessions figuring out the software.
In December 2025, Match-Trade added dedicated futures infrastructure: contract-based position limits, VWAP execution, session auto-liquidation, and trailing drawdown controls. Not every firm using Match Trader offers futures yet. Confirm with the specific firm before purchasing.
One thing most traders miss
Two firms can both run Match Trader and offer completely different execution quality, spreads, and instrument lists. The platform is the same. Everything else, including the liquidity provider behind it, the instruments available, the spread structure, and whether news trading is allowed, is set by the firm, not the technology. This is why the firm you choose matters more than the platform.
Best Match Trader prop firms 2026: quick comparison
| Firm | Challenge type | Drawdown model | Starting split | Max account | Trustpilot | FT code |
|---|---|---|---|---|---|---|
| FundedNext | 1-step, 2-step, Instant | Static (Stellar) / Trailing (Express) | Up to 95% | $300,000 | 4.7 | FTR |
| The5ers | 3-step (Bootcamp, Hyper Growth) | Static, no daily loss limit | Up to 100% | $4M (scaled) | 4.8 | FT10 |
| FundYourFX | Instant, 1-step, 2-step | Trailing | 50% (scales to 100%) | $6,000,000 | 4.5 | FT60 |
| FundingPips | 1-step, 2-step, Zero | Static (1/2-step) / Trailing (Zero) | 80% | $200,000 | 4.4 | FTR |
| Orion Funded | 1-step, 2-step, others | Static | 80% (scales to 90%) | $300,000 | 4.6 | FTR |
| Goat Funded Trader | 1-step, 2-step, Instant | Static | 80% (scales to 95%) | $400,000 | 4.3 | FTR |
| Maven Trading | 1-step, 2-step, 3-step, Instant | Static (2/3-step) / Trailing (1-step, Instant) | 80% | $200,000 | N/A (new) | MVN |
| Moneta Funded | 1-step, 2-step, Instant, Phoenix, Sprint | Static (most programs) | 88% | $2,000,000 | 4.6 | FT42 |
| WeMasterTrade | 2-phase challenge, Instant | Static | 50% (scales to 90%) | $200,000 | Mixed | FT30 |
| E8 Markets | 1-step, 2-step (E8 One, E8 Pro) | Static | 80% (scales to 95%) | $1,500,000 | 4.8 | FTR |
Trustpilot scores are approximate as of July 2026. Confirm current scores and all rules before purchasing. FT codes give discounts; verify the discount is applied at checkout before paying.
1. FundedNext — Best overall for Match Trader traders
FundedNext is the strongest all-round pick for traders who want Match Trader as their primary platform. The Stellar programs use static drawdown, so profits don’t tighten your floor. Stellar Instant removes the daily loss limit entirely, rare in instant funding. The 4-platform setup gives more flexibility than most firms at this price point.
The firm has paid out over $261 million since 2022 and runs through its own regulated brokerage, FNMarkets. That broker backing adds a credibility layer standalone prop firms can’t match. Account sizes run from $5,000 to $300,000 at evaluation, with a scaling path to $4,000,000.
Match Trader on FundedNext supports forex, indices, commodities, metals, and crypto. The instrument range is one of the widest on this list. US traders should check current platform availability by region before purchasing.
Pros
- Static drawdown on Stellar programs
- Stellar Instant: no daily loss limit, rare in instant funding
- $261M+ paid out, FNMarkets broker-backed
- Match Trader + MT4 + MT5 + cTrader all available
- Wide instrument list including crypto
Cons
- Express program uses trailing drawdown
- Platform availability varies by region for US traders
- Stellar Instant is pricier than comparable options
FundedTrading discount code for FundedNext
Use code FTR at checkout for a discount on any FundedNext program. Confirm the discount is applied before paying.
2. The5ers — Best for Match Trader-only traders who want maximum scaling
The5ers is the only firm on this list that runs exclusively on Match Trader. If you want to build your trading process around one platform and scale it, The5ers is the strongest option. The firm has operated since 2016, holds a 4.8 Trustpilot rating, and has a scaling path that can reach $4,000,000 through Hyper Growth.
The Bootcamp entry point at $95 for a $100,000 simulated account is one of the lowest-cost ways into a well-established funded firm. The trade-off is a 3-step evaluation with a consistency requirement that prevents a single outlier day from carrying the account. If you trade steadily, that’s no problem. If you rely on one or two big days, it is.
The static drawdown with no daily loss limit is the standout rule. Your floor is set from your starting balance and does not adjust as your account grows. You won’t get stopped out mid-session because of a single losing day.
Pros
- Operating since 2016, 4.8 Trustpilot
- Bootcamp starts at $95 for a $100K evaluation
- Static drawdown, no daily loss limit
- Scaling path to $4,000,000 via Hyper Growth
Cons
- Match Trader only — no MT4, MT5, or cTrader
- 3-step evaluation requires consistency across all phases
- $4 per round lot commission on forex
FundedTrading discount code for The5ers
Use code FT10 at checkout for 10% off any The5ers program. Confirm the discount is applied before paying.
3. FundYourFX — Best Match Trader instant funding option
FundYourFX is the strongest instant funding option on Match Trader. The Instant Funding Classic path skips the evaluation entirely. No challenge, no phases, no consistency rule. You start funded on day one, split begins at 50% and reaches 100% after three consecutive payouts, and there is no profit cap at any stage.
The firm has been paying traders since 2021. It is the only firm to win FundedTrading’s Best Instant Funding award in three separate years (2023, 2024, and 2026) and has documented over $36 million in payouts. The fee is refundable on most plans. The scaling path reaches $6,000,000.
Pros
- Instant funding, no evaluation required
- Split scales to 100% with no profit cap
- $36M+ documented payouts since 2021
- 3x FundedTrading Best Instant Funding award winner
- Refundable fee on most plans
Cons
- Trailing drawdown on all plans
- MT5 via trade copier only, not native
- Starting split of 50% is lower than evaluation-based firms
FundedTrading discount code for FundYourFX
Use code FT60 at checkout for 60% off any FundYourFX plan. Confirm the discount is applied before paying.
4. FundingPips — Best for traders who want platform choice alongside Match Trader
FundingPips is the best pick if you want Match Trader but also want the option of MT5 or cTrader on the same account. The 2-step Master structure is clean: 10% max loss limit, 5% daily loss limit, fee refunded on the 4th reward cycle. Static drawdown on both 1-step and 2-step Master.
US and Canadian traders can face MT5 and cTrader restrictions in some cases. FundingPips lists Match Trader as the available alternative for those traders, making it a practical fallback rather than just a secondary option.
The Zero account starts funded from day one but carries trailing drawdown, a 1% max risk per trade rule, a 15% consistency score requirement, and a 3% safety cushion. These rules are considerably stricter than the 2-step Master. Zero suits experienced traders who specifically want instant-style access and can operate within tight constraints.
Pros
- MT5, cTrader, and Match Trader all on the same account
- Match Trader available for US/Canadian traders
- Static drawdown on 1-step and 2-step Master
- Fee refunded on 4th reward for 1-step and 2-step Master
Cons
- Zero account has trailing drawdown and strict per-trade risk rules
- Weekend holding temporarily restricted on Master accounts
- Public complaints include payout disputes; read the terms carefully
FundedTrading discount code for FundingPips
Use code FTR at checkout for a discount on any FundingPips program. Confirm the discount is applied before paying.
5. Orion Funded — Best for traders who need a payout guarantee
Orion Funded won FundedTrading’s Best Prop Firm of the Year award in 2024 and 2025. The 48-hour payout guarantee is the key differentiator: if Orion misses a valid request, you receive a 100% profit split on that cycle plus a full refund of your program fee. The reported average processing time is under 5 hours. As of July 2026, the firm holds a 4.6 Trustpilot score from over 1,700 reviews and has paid out over $4 million.
Match Trader and MT5 are available across all five programs. The V3 dashboard adds journaling, performance analytics, and real-time alerts in one interface. Orion actively monitors for coordinated trading and copy trading patterns. Some larger payouts require a video interview before processing. These are the two main friction points traders flag in community reviews.
The scaling plan criteria: 15% return in a rolling 3-month period, 2 of 3 months positive, 3 reward requests completed. Hit those and your split moves to 90% permanently.
Pros
- 48-hour payout guarantee with a real penalty clause
- Under 5 hours average processing time reported
- Static drawdown on all five programs
- FundedTrading Best Prop Firm 2024 and 2025
- Match Trader across all challenge types
Cons
- Leverage preset by the firm, no manual adjustment
- Some larger payouts require a video interview
- No cTrader or MT4 available
FundedTrading discount code for Orion Funded
Use code FTR at checkout for a discount on any Orion Funded program. Confirm the discount is applied before paying.
6. Goat Funded Trader — Best for no-minimum-day challenges on Match Trader
The no-minimum-trading-days rule is the standout. If you hit the profit target on day one, you can pass the evaluation. There is no minimum session requirement and no consistency rule blocking early completions. Match Trader is the main platform, with TradingView charts and the standard risk dashboard built in.
News trading restrictions apply; traders who use high-frequency news strategies should confirm the current rules before purchasing. The firm is younger than FTMO, FundedNext, or The5ers, so the long-term payout track record is shorter. Trustpilot sits at 4.3 from reviews across both funded and evaluation-stage experiences.
Pros
- No minimum trading days on any program
- First payout within 24 hours of first trade
- Split scales to 95%, weekend holding permitted
- Max account $400,000
Cons
- Launched 2023, shorter payout track record
- News trading restrictions apply
- No MT4 or cTrader
FundedTrading discount code for Goat Funded Trader
Use code FTR at checkout for a discount on any Goat Funded Trader program. Confirm the discount is applied before paying.
7. Maven Trading — Best budget-friendly Match Trader option
Maven is one of the cheapest prop firms in the market. Entry pricing starts at $13 for small accounts and the 2-step 100K account sits around $380 with coupon pricing. If your main filter is cost, Maven is hard to beat on price.
The key rule to understand before buying is that not all Maven accounts use the same drawdown. The 2-step and 3-step programs use static drawdown, meaning the floor is fixed from the start. The 1-step and Instant accounts use trailing drawdown, which moves up as your equity rises. Many traders breach accounts on Maven because they bought the wrong type for their strategy. Check which model applies to your specific account before purchasing.
Maven supports Match Trader alongside MT5 and cTrader, so you have platform flexibility. The firm doesn’t publicly disclose its liquidity providers, which is a transparency gap compared to broker-backed firms. Community feedback on spreads is mixed; some traders report wider-than-expected spreads on gold (XAUUSD). Verify the live spread conditions on Maven’s site before trading XAUUSD-heavy strategies.
Pros
- Entry from $13, one of the cheapest prop firms available
- MT5, cTrader, and Match Trader all available
- Static drawdown on 2-step and 3-step accounts
- Maven Mini: instant funded, 3% target, 24-hour payout
- Multiple challenge formats for different strategies
Cons
- 1-step and Instant accounts use trailing drawdown
- Liquidity provider not publicly disclosed
- Community reports of wider spreads on XAUUSD
- No Trustpilot profile on FT tracker (new listing)
FundedTrading discount code for Maven Trading
Use code MVN at checkout for 10% off any Maven account. Confirm the discount is applied before paying.
8. Moneta Funded — Best broker-backed Match Trader firm
Moneta Funded is the strongest broker-backed option on Match Trader. The firm runs on the infrastructure of Moneta Markets, a CFD broker with 7+ years of operating history and $200 billion or more in monthly trading volume. That broker backing means institutional-grade liquidity, Tier-1 execution, and Equinix servers, which standalone prop firms cannot offer.
Match Trader is available to both US and international traders. MT5 is available for non-US traders. This makes Moneta Funded one of the few broker-backed firms with a legitimate route for US traders who want Match Trader on an institutionally-backed platform.
The Phoenix program is the standout product. Traders start with $2,500 and scale all the way to $2,000,000 by consistently hitting a 10% profit target per tier with an 88% profit split throughout. There are 10 tiers total. The Sprint Challenge, launched April 2026, lets traders pick a timeframe (1 to 8 hours), hit a 0.6% to 2% target, and receive a 100% profit split payout the same day.
The firm launched publicly in January 2026. Its Trustpilot profile sits at 4.6, which is strong for a firm this new. Payout reviews are mostly positive, with traders citing fast processing and low spreads on XAUUSD and NAS100.
Pros
- Backed by Moneta Markets (7+ years, $200B+ monthly volume)
- 88% profit split across all six programs
- Phoenix scales from $2,500 to $2,000,000
- Match Trader available for US traders
- Sprint Challenge: same-day payout, 100% split
Cons
- Launched January 2026, short operating history
- Instant Funding uses a 6% trailing lock
- News trading restricted across all programs
FundedTrading discount code for Moneta Funded
Use code FT42 at checkout for 42% off any Moneta Funded challenge. Confirm the discount is applied before paying.
9. WeMasterTrade — Best for low-cost entry with static drawdown
WeMasterTrade offers some of the lowest challenge fees in the market. The 2-phase challenge uses clear targets (8% then 6%) with static drawdown and no news trading restrictions. The Instant accounts include options with no consistency rule and even no profit target, which is rare at this price point.
The firm’s business model is unusual: traders receive a simulated account and WeMasterTrade’s algorithms copy selected activity to live firm accounts. This is disclosed on their site and is the structure behind many prop-style firms, but WeMasterTrade states it more openly than most.
Pros
- Low challenge fees
- Static drawdown on challenge accounts
- No news trading restrictions on challenge phase
- Daily payout requests, 24-hour average processing
- MT5 + Match Trader + cTrader all available
Cons
- Public complaints around payout denials and rule enforcement
- Starting split of 50% is below most competitors
- Consistency and prohibited conduct rules require careful reading
- Not listed on Prop Firm Match’s main verified directory
FundedTrading discount code for WeMasterTrade
Use code FT30 at checkout for 30% off any WeMasterTrade challenge. Confirm the discount is applied before paying.
10. E8 Markets — Highest Trustpilot score on Match Trader
E8 Markets holds a 4.8 Trustpilot score from 474 reviews, the highest among the firms on this list. The firm has operated since 2021 and has built a consistent reputation for clear rules and reliable payouts. E8 One simplifies the evaluation to a single step with a 10% profit target and 8% static drawdown. E8 Pro adds a second phase for traders who prefer a more progressive path.
Match Trader is available alongside MT5 on both programs, with no platform fee difference. E8 Markets does not charge commissions on forex, which improves net returns on tight-spread strategies. US traders can access Match Trader where MT5 has regional restrictions.
The 95% profit split ceiling requires scaling through performance tiers. The base 80% is what most traders will see on their first few payouts. The scaling plan rewards consistent performance over time rather than offering 95% from the start.
Pros
- 4.8 Trustpilot from 474 reviews, strongest on this list
- Zero commission on forex
- Static drawdown on both E8 One and E8 Pro
- Scaling to $1,500,000
- Match Trader available for US traders
Cons
- No MT4 or cTrader
- 95% split requires scaling through performance tiers
- 14-day payout cycle is slower than some competitors
FundedTrading discount code for E8 Markets
Use code FTR at checkout for a discount on any E8 Markets program. Confirm the discount is applied before paying.
How to choose a Match Trader prop firm
The platform being Match Trader is not a strong enough reason to pick a firm. What actually determines whether the experience is good or bad is the drawdown model, payout reliability, and how the firm implements Match Trader’s infrastructure, specifically what spreads and instruments they offer through it.
Start with the drawdown model
Static drawdown means the floor is set once and stays there regardless of how much profit you make. Trailing drawdown means the floor follows your equity peaks upward. Static is more forgiving for funded account longevity. Trailing is harder to manage as the account grows. The5ers, FundedNext Stellar, FundingPips 2-step Master, Orion, Goat, Moneta, E8, and WeMasterTrade’s challenge accounts all use static drawdown. FundYourFX uses trailing on all plans. Maven uses trailing on 1-step and Instant only. Know which model you’re choosing before you pay.
Check what the firm actually offers on Match Trader
Two firms on Match Trader can offer different instruments, different spread structures, and different maximum position sizes. One firm might restrict crypto, another might have wider spreads on gold. Check the specific instrument list and spread conditions on the firm’s live site, not just the platform’s general feature list. The platform is the same. The trading conditions are not.
Verify the payout track record
Look at Trustpilot for patterns in payout complaints, not just the headline score. A firm with 400 reviews at 4.5 is a better signal than a firm with 50 reviews at 4.9. Focus on funded-account and paid-out reviews specifically. Community discussions on r/FundedTrading and r/Forex are useful for checking whether payout delays are isolated or recurring. For WeMasterTrade specifically, start small and test a payout before scaling.
Match Trader on mobile: what to expect
Match Trader runs as a PWA. Installed as a home screen shortcut from your firm’s specific browser URL, it behaves like a native app. The generic Match Trader app in the App Store and Google Play is a demo version only. It cannot access your funded account. Use the browser URL your firm provides and save it to your home screen.
For a broader look at how Match Trader compares to other platforms, see our best cTrader prop firms page and our best instant funding prop firms guide. For an explanation of how drawdown models work in practice, see our max trailing drawdown guide.
FAQs about Match Trader prop firms
What is Match Trader?
Match Trader is a web-based trading platform built by Match-Trade Technologies. It is not a broker or a prop firm. It is the infrastructure that prop firms license to run their challenges and funded accounts. It uses TradingView charts natively, displays your drawdown floor and profit target in real time, and runs as a Progressive Web App that works in any browser without a full desktop download. Over 60 prop firms used it as of early 2026.
Does Match Trader have a mobile app?
The apps in the Google Play and Apple App stores are demo-only. They connect to Match-Trade’s own demo servers, not your live prop firm account. Your firm will either have their own branded app or a specific browser URL. Save that link as a home screen shortcut. It functions identically to a native app and is the correct way to access your account on mobile.
Does Match Trader support futures trading?
Match Trader added dedicated futures infrastructure in December 2025, covering contract-based position limits, VWAP execution, session auto-liquidation, and trailing drawdown controls. Not every firm using Match Trader offers futures. Check directly with your chosen firm before purchasing a futures evaluation.
Which prop firms use Match Trader?
Over 60 prop firms used Match Trader as of early 2026. The firms on this list (FundedNext, The5ers, FundYourFX, FundingPips, Orion Funded, Goat Funded Trader, Maven Trading, Moneta Funded, WeMasterTrade, and E8 Markets) all list Match Trader as a supported platform on their live sites. The Match-Trade Technologies website maintains a list of current partner firms.
Is Match Trader better than MT5?
Match Trader has a cleaner interface, built-in TradingView charts, and a more accessible mobile experience. MT5 has a larger library of third-party EAs, indicators, and established community tools. For prop firm challenges where you don’t rely on custom MT5 software, Match Trader is usually easier to get started with. Most firms that use Match Trader also offer MT5, so the choice usually doesn’t have to be exclusive.
Can I use EAs on Match Trader prop firms?
Match Trader supports automated trading, but the firm’s rules determine what is allowed. Most firms permit EAs but prohibit off-the-shelf challenge-passing bots, high-frequency latency arbitrage, and coordinated copy trading across accounts. Read the specific EA rules for each firm before connecting any automated system. The5ers, for example, permit EAs but require them to comply with their consistency rules.
Why do two firms on Match Trader offer different spreads?
Match Trader is the technology layer. Spreads, instruments, and execution quality are determined by the liquidity provider each firm connects to, not by Match-Trade Technologies. Two firms on identical Match Trader infrastructure can offer completely different spread structures on XAUUSD. Always check the live spread conditions on the firm’s own site, not just the platform’s general spec sheet.
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