Finding a prop firm offering MetaTrader 5 is becoming more challenging. As we move through 2025, fewer firms are supporting this advanced trading platform, making it crucial for traders to identify the right options. For those wondering which prop firm uses MT5, this guide provides a detailed look at some of the best firms still offering access to this highly regarded trading platform. By exploring their programs, trading support, and features, you’ll gain insights into how these firms leverage MT5 to empower traders and help them achieve their financial goals.
Best Prop Firms with MT5
1. The 5%ers
Overview:
The 5%ers, boasting seven years in the proprietary trading industry, is a pioneering firm based in Israel. Under the strategic leadership of CEO Saul Lokier, it has established itself as a versatile platform catering to a wide range of traders with account sizes varying from $5,000 to $250,000. The firm’s adoption of MetaTrader 5, in partnership with commercial liquidity providers for brokerage services, underscores its commitment to leveraging advanced trading technology. Its unique evaluation system, which includes 1 Step, 2 Step, and 3 Step processes, provides tailored pathways for traders to showcase their skills and strategies. With a profit target starting at 10% for the Step 1 evaluation and variable targets for subsequent steps, The 5%ers emphasize a balanced approach to risk and reward, further illustrated by their maximum total drawdown limits ranging from 5% to 10%.
Location:
Israel
What Can You Trade:
The firm offers an extensive selection of trading instruments, including Forex, Metals, Indices, Crypto, and Commodities, ensuring traders have access to diverse markets.
Profit Share:
The 5%ers offer a competitive profit split, which varies depending on the program but can reach up to 80%.
Highlights:
- Versatile Evaluation System: Traders can choose from 1 Step, 2 Step, and 3 Step evaluation processes.
- Broad Market Access: Forex, Metals, Indices, Crypto, and Commodities.
- Flexible Leverage Options: Leverage varies across different programs.
- High Profit Share: Up to 80% profit share for traders.
- Advanced Trading Technology: MetaTrader 5 platform.
Summary:
The 5%ers stand out in the proprietary trading firm landscape for their innovative approach to trader evaluation and diverse market access. With a robust leverage system tailored across various programs and a substantial profit share model, the firm caters to traders seeking flexibility and growth. The leadership of CEO Saul Lokier, coupled with the firm’s strategic use of MetaTrader 5, positions The 5%ers as a key player for traders looking to leverage their skills in the global markets from Israel.
2. FXIFY
Overview:
Emerging from the United Kingdom, FXIFY marks its presence in the proprietary trading firm space with a modern approach, co-founded by Peter Brown and David Bhidey in April 2023. Catering to a wide spectrum of traders with account sizes from $15,000 to $400,000, FXIFY demonstrates its adaptability and appeal to both modest and ambitious capital allocations. The firm offers both 1 Step, 2 Step, and 3 Step evaluation, accommodating traders’ preferences for straightforward or progressive challenges towards profitability. The integration of MT4 and MT5 platforms signals a nod towards mainstream trading preferences, supported by a partnership with FXPIG as their broker. FXIFY stands out for its diverse offering of over 300 trading instruments, including FX, metals, indices, and stocks, alongside flexible leverage options that cater to different risk appetites.
Location:
United Kingdom
What Can You Trade:
A comprehensive suite of over 300 instruments, including FX, Metals, Indices, and Stocks, catering to a diverse trading preference.
Profit Share:
75% profit share, upgradeable to 90% at checkout.
Highlights:
- Flexible Evaluation Processes: Options for 1 Step, 2 Step, and 3 Step evaluations to suit different trading strategies and goals.
- Diverse Instrument Offering: Over 300 instruments available for trading.
- Flexible Leverage Options: Starting leverage for FX and Gold at 30:1, with an option to increase to 50:1.
- Modern Trading Platforms: Incorporation of both MT4 and MT5 platforms, aligning with the preferences of a broad trader demographic.
- Innovative Scaling Plan: A structured scaling plan that allows traders to scale their accounts up to $4,000,000, with initial and subsequent scale-ups based on performance.
Summary:
FXIFY, co-founded by Peter Brown and David Bhidey, is a newer participant in the proprietary trading firm industry. The firm provides various account sizes, evaluation methods, and a wide array of trading instruments, aiming to appeal to a broad spectrum of traders. FXIFY supports trading activities with both MT4 and MT5 platforms, accommodating the needs of both beginners and advanced traders. The firm offers competitive profit shares, flexible leverage options, and a strategic scaling plan, all designed to create a supportive and advantageous trading environment.
3. For Traders (Formerly Billions Club)
Overview:
For Traders, transitioning from its earlier identity as Billions Club, has swiftly moved past its inception phase to establish a reputable standing in the proprietary trading industry. Operating since July 2023 under the leadership of CEO Jakub Roz, the firm has its foundation in the United Arab Emirates. By offering the acclaimed MetaTrader 4 and MetaTrader 5 platforms, For Traders signals its commitment to providing tools that are celebrated for their reliability and user-friendly experience. The partnership with Capital Markets as their broker further indicates the firm’s intention to offer competitive trading conditions. Catering to a wide range of traders with account sizes from $5,000 to $200,000, For Traders emphasizes inclusivity and flexibility in trading strategies. The firm’s structured two-step evaluation process underscores a pragmatic approach towards risk and profitability, with a clear progression path for traders.
Location:
United Arab Emirates
What Can You Trade:
An extensive array of trading instruments is at the disposal of For Traders’ clientele, encompassing forex pairs, commodities, equities, indices, and cryptocurrencies.
Profit Share:
Up to 90%
Highlights:
- Robust Platform Offering: With access to MetaTrader 4 and MetaTrader 5, traders have at their disposal reliable and comprehensive trading tools.
- Competitive Leverage Options: A dynamic leverage model caters to aggressive trading strategies in the Challenge Phase and more conservative approaches in the Funded Phase.
- Comprehensive Instrument Access: From forex to crypto, the range of instruments available caters to a broad spectrum of trading interests and strategies.
- Structured Scaling Plan: A well-defined scaling plan allows for systematic account growth, with the potential to scale up to $1.5 million.
Summary:
For Traders stands out as a progressive proprietary trading firm, anchored in the UAE yet offering a global reach through its trading platforms and broker partnerships. The firm’s dedication to providing a spectrum of trading instruments, coupled with flexible account sizes and evaluation processes, positions it as a versatile choice for traders at different stages of their trading journey. The scaling plan, notable for its absence of minimum profit requirements, highlights For Traders’ focus on sustainable and responsible trading growth. With a competitive profit share and a commitment to leveraging advanced trading technologies, For Traders is poised for continued growth and success in the proprietary trading sector.
4. FundedNext
Overview:
FundedNext, established in March 2022 by CEO Abdullah Jayed and based in the United Arab Emirates, presents a fresh perspective in the proprietary trading industry. With a year of operational excellence, the firm offers trading access on both MetaTrader 4 and MetaTrader 5 platforms, through its distinct programs, Incenteco and GrowthNext. Catering to a broad spectrum of traders, FundedNext provides account sizes ranging from $6,000 to $200,000. The firm facilitates entry through both 1-step and 2-step evaluation challenges, accommodating various trader preferences and risk appetites. The challenges are designed with precise profit targets and drawdown limits, ensuring a balanced approach to risk management.
Location:
United Arab Emirates
What Can You Trade:
FundedNext offers a diversified range of trading instruments, including forex pairs from majors to more volatile pairs, precious metals like silver and gold, and broader market indices such as AUS200, GER30, and SPX500, catering to a wide range of trading interests and strategies.
Profit Share:
FundedNext provides a competitive profit-sharing model, with rates up to 80% plus an additional 15% from the challenge phase, rewarding traders for their successful trading strategies and performance.
Highlights:
- Comprehensive Trading Platforms: Offers access to MT4 and MT5, widely recognized for their reliability and advanced features.
- Flexible Account Sizes and Evaluation Challenges: With account sizes up to $200,000 and both 1-step and 2-step evaluation challenges, traders of various levels can find opportunities suited to their needs.
- Diverse Trading Instruments: The platform enables trading across a wide range of instruments, including forex, indices, commodities, and cryptocurrencies.
- Attractive Scaling Plan: A robust scaling plan that allows for a potential capital allocation increase up to $4 million, promoting substantial growth opportunities for successful traders.
Summary:
FundedNext distinguishes itself with its commitment to providing traders with the necessary tools, platforms, and conditions to succeed in the competitive world of proprietary trading. Its innovative approach to trader evaluation, combined with a wide range of trading instruments and leverage options, positions it as a dynamic and forward-thinking firm. The attractive profit-sharing model and the ambitious scaling plan further enhance its appeal to traders looking for growth and profitability. With its base in the UAE, FundedNext is poised for continued success and expansion in the global proprietary trading industry.
5. E8 Markets
Overview:
E8 Markets, based in the United States and led by CEO Dylan Elchami, has made significant inroads into the competitive prop trading industry within two years of its inception. Offering access to renowned platforms like MT4 and MT5, the firm caters to a broad range of traders with account sizes from $25,000 to $250,000. E8 Markets is distinguished by its evaluative approach, allowing traders to choose between 2-step and 3-step evaluations. These evaluations are tailored to accommodate different trading strategies, with profit targets and drawdown limits designed to suit various risk tolerances. The firm’s trading instruments span Forex, Commodities, Indexes, and Cryptocurrencies, supported by leverage options that cater to both conservative and aggressive trading strategies.
Location:
United States
What Can You Trade:
E8 Markets offers an extensive range of trading instruments, including Forex pairs, Commodities, Indexes, and Cryptocurrencies. These offerings cater to traders with diverse interests and strategies, providing opportunities to engage in various markets with flexible leverage options.
Profit Share:
The firm stands out for its generous profit share arrangement, providing traders with an 80% profit split. This policy underscores E8 Markets’ commitment to rewarding successful trading strategies and supporting its traders’ financial goals.
Highlights:
- E8 Markets employs a unique evaluation process, offering 2-step and 3-step paths to cater to traders at different levels.
- The firm supports trading on widely recognized platforms such as MT4 and MT5, ensuring traders can access top-tier trading tools.
- A wide array of trading instruments is available, including leverage options up to 1:50 for major and exotic Forex pairs, and more conservative leverage for cryptocurrencies.
- The scaling plan is a notable feature, allowing traders to incrementally increase their account balance and overall drawdown limit, potentially scaling initial balances to over $1 million.
Summary:
E8 Markets has quickly established itself as a dynamic force in the prop trading industry, thanks to its flexible evaluation process, competitive profit sharing, and a wide selection of trading platforms and instruments. With its foundation in the United States and led by visionary CEO Dylan Elchami, the firm is well-positioned for continued growth and success in the global trading community.
6. Alpha Capital Group
Overview:
Alpha Capital Group, established in November 2021 by Andrew Blaylock and George Kohler, has quickly gained recognition in the proprietary trading space. Headquartered in the United Kingdom, the firm offers traders access to advanced platforms like MetaTrader 5, cTrader, and DXTrade (exclusive for US traders). Partnering with ACG Markets as their broker, Alpha Capital Group focuses on creating a supportive environment for traders with robust trading tools, flexible account options, and a commitment to transparency. With Trustpilot reviews averaging 4.4, the firm has established itself as a reliable choice for both new and experienced traders.
Location:
United Kingdom
What Can You Trade:
Alpha Capital Group provides a broad selection of instruments, including Forex (FX), commodities, and indices. This variety allows traders to diversify their portfolios and adapt their strategies across multiple asset classes, ensuring they have access to markets with varying volatility and trading opportunities.
Profit Share:
Up to 80%, with payout options every 14 days or on demand (specific accounts).
Highlights:
- Flexible Account Options: Offers 1-step, 2-step, and 3-step evaluations to cater to different trader needs and skill levels.
- Advanced Platforms: Provides MT5, cTrader, and DXTrade for seamless trading experiences.
- Diverse Leverage Plans: Depending on account type, leverage options include up to 1:30, 1:50, and 1:100 for various assets.
- Zero Commission: Standard spreads come with no trading commissions, while raw spreads have a flat $5 commission per instrument.
- Scaling Opportunities: Traders can scale their accounts up to $4 million based on performance.
Summary:
Alpha Capital Group is a forward-thinking prop firm offering competitive account options, advanced trading platforms, and flexible rules. Whether you’re trading forex, indices, or commodities, their focus on providing zero-commission options and scaling opportunities makes them a strong contender. With an in-house dashboard for real-time insights and analysis, they cater to traders seeking to enhance their performance in a transparent and supportive environment.
7. Quant Tekel
Overview:
Quant Tekel, formerly Ascendx, is a South Africa-based prop trading firm established in October 2023 under the leadership of CEO Tanswell Sassman. The firm focuses on combining cutting-edge technology and trader-centric solutions. Quant Tekel offers a variety of platforms, including MT5, cTrader, and TradeLocker for U.S. traders, making it an appealing choice for traders worldwide. The firm is supported by Quant Tekel as its broker, ensuring secure and seamless trading experiences. With a Trustpilot rating of 4.5, Quant Tekel has quickly gained recognition for its structured evaluations and comprehensive support system.
Location:
South Africa
What Can You Trade:
Quant Tekel provides a diverse range of trading instruments, including Forex, Metals, Indices, and Cryptocurrency. This wide selection ensures that traders can diversify their strategies and access global financial markets efficiently.
Profit Share:
Quant Tekel offers an impressive profit share of up to 90%, allowing traders to retain a significant portion of their earnings.
Highlights:
- Evaluation Variety: Traders can choose from one-phase, two-phase, or three-phase evaluations to suit their trading preferences.
- Advanced Platforms: Access to MT5, cTrader, and TradeLocker.
- Leverage Options: Forex traders benefit from leverage up to 1:33, while Indices and Metals have 1:15, and Crypto is offered at 1:1 leverage.
- Low Commissions: Standard commissions of $2 per lot and $4 per round lot keep costs competitive.
- Dynamic Rules: Soft and hard breach mechanisms ensure risk management while allowing flexibility for traders.
Summary:
Quant Tekel has positioned itself as a modern and forward-thinking prop trading firm by combining innovative tools, trader-focused conditions, and competitive programs. Whether you’re a beginner or a seasoned trader, its diverse evaluation models, access to advanced trading platforms like MT5, and high profit shares make it a strong contender in the prop trading landscape.
Why MetaTrader 5 Matters in 2025
The best prop firm with MetaTrader 5 offers more than access to the platform, it provides a solid trading environment backed by advanced technology, transparent trading conditions, and excellent support. These firms empower traders to maximize their performance with education, financial backing, and cutting-edge tools.
Advantages of Trading with MetaTrader 5 Prop Firms
- Advanced Trading Tools: MetaTrader 5 (MT5) prop firms offer advanced trading tools and charting capabilities, enhancing your trading strategy with technical and fundamental analysis features.
- Diverse Asset Range: With MT5, traders have access to a vast array of markets, including forex, stocks, futures, and cryptocurrencies, allowing for diversified trading strategies and risk management.
- Robust Leverage Options: Many MT5 prop firms provide competitive leverage options, enabling traders to amplify their trading positions with less capital.
- Algorithmic Trading Support: MT5 is renowned for its Expert Advisors (EAs) and algorithmic trading capabilities, offering traders the ability to automate strategies and take advantage of market movements 24/5.
How to Choose a MetaTrader 5 Prop Firm
- Reputation and Reliability: Look for a prop firm with a strong track record and positive reviews from current and former traders. The stability and reliability of their MT5 platform integration are crucial.
- Funding and Growth Opportunities: Evaluate the firm’s funding options, account growth paths, and the clarity of their evaluation process. Consider how their offerings align with your trading style and goals.
- Costs and Profit Sharing: Understand all associated costs, including any fees for software, data, and the structure of profit sharing. Opt for firms with transparent and fair policies.
- Educational and Support Resources: A prop firm that invests in its traders’ growth through educational programs, webinars, and responsive support can be a significant advantage, especially for those looking to enhance their skills on MT5.
Conclusion
Choosing the right prop firm that uses MetaTrader 5 in 2025 requires evaluating factors like funding options, profit splits, and trading rules. A good MT5 prop firm offers advanced tools, diverse asset access, and strong support to align with your trading goals and strategies, helping you maximize your potential in the financial markets.
FAQs
What is MetaTrader 5, and why do prop firms use it?
MetaTrader 5 (MT5) is a popular multi-asset trading platform that provides advanced charting, technical analysis tools, and support for algorithmic trading. Prop firms use MT5 for its versatility, fast execution, and ability to handle diverse asset classes, which enhances the trading experience for funded traders.
How do I choose a prop firm that uses MT5?
When selecting a prop firm with MT5, focus on factors like profit splits, drawdown limits, leverage, and account types. Ensure the firm provides clear rules, competitive funding options, and a supportive trading environment tailored to your trading goals.
Are there additional costs associated with using MT5?
Some prop firms may charge commissions or spread fees for trades executed on MT5. It’s important to review the firm’s fee structure and confirm whether there are additional costs for using the platform.
Can beginners trade with prop firms offering MT5?
Yes, many prop firms with MT5 cater to both beginners and experienced traders. Look for firms with educational resources, flexible evaluation programs, and reasonable trading rules to ease the learning curve.
Which asset classes can I trade on MT5 with a prop firm?
Prop firms using MT5 typically offer a variety of tradable assets, including Forex, indices, commodities, metals, and cryptocurrencies. Always check the specific instruments available with the firm you choose.
