By Alex Firdaus | Updated: July 14, 2026 | Data checked: July 2026
TradeLocker is now the primary MT5 alternative for CFD prop firms. The best options in 2026 are FundingPips, Blueberry Funded, FunderPro, E8 Markets, Goat Funded Trader, and Alpha Capital Group — all confirmed TradeLocker users with active FundedTrading review pages. FundedNext, FTMO, and The5ers do not currently offer TradeLocker.
Table of Contents
- Why TradeLocker Took Over From MT5
- Quick Comparison Table — All 15 Firms
- How We Picked These Firms
- 1. FundingPips
- 2. Blueberry Funded
- 3. FunderPro
- 4. E8 Markets
- 5. Goat Funded Trader
- 6. Alpha Capital Group
- 7. Blue Guardian
- 8. DNA Funded
- 9. FTUK
- 10. For Traders
- 11. Funded Guru
- 12. OneFunded
- 13. Aqua Funded
- 14. Sure Leverage Funding
- 15. Next Level Funded
- TradeLocker vs MT5: What Actually Matters
- FAQs
Why TradeLocker Took Over From MT5
TradeLocker did not grow because it is technically superior to MetaTrader 5 in every way. It grew because MetaQuotes stopped selling white-label licenses to prop firms. Starting in late 2023 and accelerating through 2024, MetaQuotes pulled MT4 and MT5 access from dozens of prop trading operations, forcing a scramble for alternatives. TradeLocker was ready to absorb that demand — it had been building its prop firm partnership network since launch.
The platform launched in 2022, built by Luka Knezic and his team with a specific design philosophy: take TradingView’s charting engine — already used by tens of millions of traders for analysis — and build a full execution layer around it. No separate subscriptions. No browser tab juggling between your chart software and your trading terminal. Charts, orders, a risk calculator, and an SL/TP planner all in one interface. By 2026 it had over 2.5 million active users.
The prop trading angle is practical. TradeLocker’s built-in risk calculator shows your position size, dollar risk, and risk-to-reward ratio before you place a trade. Drawdown tracking syncs with the platform’s dashboard in real time. For traders who pass evaluations through disciplined position sizing rather than raw edge, that live feedback loop changes how you manage each session. Read our full TradeLocker platform overview for the technical breakdown.
Quick Comparison: All 15 TradeLocker Prop Firms on FundedTrading
| Firm | Max Account | Profit Split | Drawdown Type | Payout Speed | FT Discount Code | Review |
|---|---|---|---|---|---|---|
| FundingPips | $2,000,000 (Hot Seat) | Up to 100% | Static | Weekly (Tues) | FTR — 20% off | Read review |
| Blueberry Funded | $2,000,000 | Up to 85% | Static & trailing | Bi-weekly | FT40 — 40% off | Read review |
| FunderPro | $5,000,000 (scaling) | Up to 90% | Static | 8-hour average | FUNDEDT — 20% off | Read review |
| E8 Markets | $400,000 | Up to 100% | Trailing | On-demand | FTR5 — 5% off | Read review |
| Goat Funded Trader | $400,000 (scaling) | Up to 80% | Trailing | 24-hr guarantee | FT30 — 30% off | Read review |
| Alpha Capital Group | $200,000 | Up to 100% | Static | Weekly | FUNDEDTRADING15 — 15% off | Read review |
| Blue Guardian | $200,000 | Up to 100% | Static & trailing | Bi-weekly | FT10 — 10% off | Read review |
| DNA Funded | $200,000 | Up to 90% | Static | 14-day standard | FT25 — 25% off | Read review |
| FTUK | $400,000+ | Up to 90% | Trailing | On-demand | FT35 — 35% off | Read review |
| For Traders | $1,500,000 (scaling) | Up to 80% | Static | On-demand | FUNDEDTRADING — 10% off | Read review |
| Funded Guru | $200,000 | Up to 90% | Trailing | Bi-weekly | Check review page | Read review |
| OneFunded | $200,000 | Up to 90% | Equity-based | Bi-weekly | FT25 — 25% off | Read review |
| Aqua Funded | $2,000,000 (scaling) | Up to 95% | Static; no time limit | Bi-weekly | Check review page | Read review |
| Sure Leverage | $200,000 | Up to 100% | Static (8%) | Bi-weekly | FT35 — 35% off | Read review |
| Next Level Funded | $400,000 | Up to 100% | Trailing | On-demand (3-hr avg) | FT40 — 40% off | Read review |
Data verified July 2026. Always confirm current terms on the firm’s live rules and pricing pages before buying a challenge.
How We Picked These Firms
Every firm on this list had to meet three conditions. First, TradeLocker must be available on funded (live sim) accounts — not just evaluation accounts. Several firms list TradeLocker on their pricing pages but restrict it to the challenge phase only. Second, the firm must have a reviewed and verified page on FundedTrading.com. Third, traders must actually be using it. We cross-referenced Trustpilot reviews, Reddit threads in r/propfirms and r/Forex, and the TradeLocker Hub partner list.
We excluded firms that failed any of these checks, including several from the original 2024 version of this page — Traddoo, Quant Tekel, and TopTier Trader are not included due to limited verified trader data or changes to their platform offering. This list will be updated as new data emerges. If a firm you use is missing, check the full prop firm directory.
1. FundingPips — Best Overall for TradeLocker Traders
FundingPips is the strongest all-round pick for traders who specifically want TradeLocker. The platform is available across all four of their account models — 1-Step, 2-Step, 2-Step Pro, and Zero. The firm has paid out over $180 million to traders by mid-2026 and holds a 4.5/5 Trustpilot rating from 39,000+ reviews. Very few firms in the TradeLocker market match that volume of verified payouts.
Why FundingPips Leads This List
FundingPips added TradeLocker as a genuine platform option with full dashboard integration — drawdown tracking and profit targets update in the platform’s interface in real time. The entry pricing on the 2-Step Pro is among the cheapest in the market, starting at $29 for a $5K account. Their refund policy on evaluation fees after the 4th payout is a meaningful differentiation point that few comparable firms match.
The Hot Seat tier, unlocked through consistent performance, gives traders access to $2 million in capital with a 100% profit split and on-demand payouts. That scaling path is genuinely competitive with larger, older firms.
Pros
- 180M+ verified payouts across all traders
- TradeLocker available on all non-US account models
- Evaluation fee refund after 4th payout
- $29 entry point on 2-Step Pro
- Hot Seat scaling to $2M with 100% split
Cons
- TradeLocker not available for US traders
- Consistency rule applies on Zero and Master accounts
- $10 withdrawal fee per transaction
- Weekend trading restricted on some models
Best for: Traders who want a high-volume, established firm with TradeLocker and the best entry price in the market.
FundingPips Discount Code
Use code FTR at checkout on fundingpips.com for 20% off your challenge fee.
Offer: 20% off all FundingPips evaluation accounts.
Start your FundingPips challenge → | Read our full review before buying
2. Blueberry Funded — Best for Broker-Backed Security
Blueberry Funded is the only broker-backed firm on this list. The operation runs through Blueberry Markets (SVG) LLC, and the trading infrastructure behind it is real brokerage-grade rather than a standard white-label prop setup. For traders who care about execution quality and want operational backing behind their funded account, this is a genuine differentiator.
The Broker-Backed Advantage on TradeLocker
Most prop firms run TradeLocker through a broker bridge or a white-label arrangement. Blueberry Funded’s TradeLocker integration sits on top of Blueberry Markets’ actual brokerage infrastructure, which means spreads are institutional-grade (from 0.1 pips on major forex pairs) and execution goes through a regulated broker pipeline rather than a standalone prop tech stack. For discretionary traders sensitive to slippage, that is a meaningful difference from a firm using TradeLocker as a white-label frontend only.
The firm added TradeLocker in early 2025 and it is available across their Instant Access Sim accounts. The program lineup is wide — Prime 2-Step, 1-Step, 2-Step, Instant Elite, Instant Lite, and Synthetic accounts — giving traders more entry paths than most comparably priced firms.
Pros
- Backed by an actual regulated broker (Blueberry Markets)
- Institutional-grade spreads from 0.1 pips on forex
- Four platform choices including TradeLocker
- Scaling path to $2M with no time limits
- Synthetic indices trading available
Cons
- High 1-star review rate on Trustpilot in 2026
- Strict martingale rule that flags small lot increases
- Unavailable to US and Australian traders
- Rules changed significantly in March 2026
Best for: Experienced traders who want broker-backed infrastructure and understand how to trade within strict risk parameters.
Blueberry Funded Discount Code
Use code FT40 at checkout on blueberryfunded.com for 40% off.
Offer: 40% off Blueberry Funded challenges. Confirm discount applies at checkout before paying.
Start your Blueberry Funded challenge → | Read our full review before buying
3. FunderPro — Fastest Payouts, But Check the Trust Signals First
FunderPro’s product still holds up. An 8-hour average payout, static drawdown on funded accounts (your loss floor does not move as you profit), and an 80–90% profit split puts it ahead of many rivals on raw mechanics. The platform runs on TradeLocker with TradingView charts and one-click on-chart execution. But 2026 has been a difficult year for FunderPro’s reputation, and that context matters before you commit.
TradeLocker Integration at FunderPro
FunderPro was one of the earlier prop firms to integrate TradingView into their platform via TradeLocker, giving traders one-click execution directly from charts in 2023. The execution layer on TradeLocker at FunderPro is considered one of the cleaner implementations in the market by traders who have tested across multiple firms. No time limits on evaluations means traders are not racing a clock on their challenge, which suits swing traders who might need days or weeks between setups.
In June 2026, Tim Plummer replaced co-founder Gary Mullen as CEO, inheriting a firm with solid mechanics and an unresolved payout-denial complaint pattern. A January 2026 consumer warning on Trustpilot sat alongside a growing trail of negative reviews. The mechanics are intact. The trust position is not.
Pros
- 8-hour average payout — fastest on this list
- Static drawdown on funded accounts
- No time limit on evaluations
- Up to 1:200 leverage on Pro accounts
- One-click TradingView chart execution via TradeLocker
Cons
- Consumer warning on Trustpilot as of Jan 2026
- Payout denial complaints rising in 2026
- VPN use triggers account scrutiny
- New CEO as of June 2026 — direction unclear
Best for: Disciplined traders who do not use VPNs, trade clean strategies, and want the fastest payouts in the TradeLocker market. Start with a smaller account size until the trust situation stabilises.
FunderPro Discount Code
Use code FUNDEDT at checkout on funderpro.com for 20% off.
Offer: 20% off FunderPro challenge fees. Confirm at checkout.
Start your FunderPro challenge → | Read our full review before buying
4. E8 Markets — Best for Customisable Evaluation Parameters
E8 Markets is the most flexible firm on this list in terms of evaluation design. When you buy a challenge, you can adjust key parameters — drawdown type, profit split tier, account leverage — before you pay. That customisation happens at checkout, not after the fact. You can then run your customised challenge on TradeLocker, MT5, or Match-Trader. For traders who have a clear sense of their edge and want to dial the evaluation to match it, E8 makes that possible.
E8 Markets on TradeLocker
E8 Markets runs TradeLocker through a clean integration that gives traders full access to the platform’s native tools — the risk calculator, visual SL/TP placement, and TradingView charting. The on-demand payout structure means you do not wait for a scheduled payout window. When you hit a profitable period, you can request your payout immediately. Combined with no restrictions on trading days, this makes E8 one of the more trader-friendly structures for part-time traders who trade infrequently but profitably when they do.
The 3-Step model is worth mentioning for beginners: lower Phase 1 and Phase 2 profit targets (5% and 4%) make the evaluation more achievable, at the cost of a slightly lower starting profit split. For traders who struggle with standard 2-Step timelines, E8’s 3-Step on TradeLocker is worth considering.
Pros
- Customisable evaluation parameters at checkout
- On-demand payouts with no day restrictions
- 1-Step, 2-Step, and 3-Step evaluation options
- Up to 100% profit split at top tier
- $400,000 maximum account size
Cons
- Trailing drawdown model is stricter than static for momentum traders
- Lower profit split on 3-Step model
- Only 5% FundedTrading discount (smaller than other firms here)
Best for: Traders who want to configure their own challenge rules and value on-demand payouts over fixed payout schedules.
E8 Markets Discount Code
Use code FTR5 at checkout on e8markets.com for 5% off all accounts.
Offer: 5% off E8 Markets challenges. Confirm at checkout.
Start your E8 Markets challenge → | Read our full review before buying
5. Goat Funded Trader — Best for News Trading Flexibility
Goat Funded Trader (GFT) added TradeLocker in July 2024, making it one of the more recent additions to the verified TradeLocker prop firm list. The firm is headquartered in Hong Kong, operational entity in Saint Lucia, and offers funded accounts up to $400,000 through their scaling program. GFT permits news trading and weekend holding — two things most prop firms either restrict or ban outright. That makes it worth serious consideration for traders whose strategy depends on holding through high-impact events.
The 24-Hour Payout Guarantee
GFT backs their payout promise with a financial penalty: if they miss the 24-hour window, they pay you $1,000. Few firms of GFT’s size do this, and it gives traders real recourse rather than vague promises about “fast processing.” The payout guarantee applies once you have a funded account and submit a request. Combined with news trading and weekend holding permissions, GFT is a strong pick for traders whose strategy depends on holding through high-impact events.
The trailing drawdown model is the main caveat. Unlike the static drawdown at FundingPips or FunderPro, a trailing drawdown moves your loss floor up as your account balance rises. Traders who run up early profits then see a losing streak can breach an account they would have survived under a static model. If your strategy involves volatile intraday swings, model the trailing drawdown carefully before committing.
Pros
- News trading and weekend holding permitted
- 24-hour payout guarantee with $1,000 penalty clause
- TradeLocker with full TradingView chart integration
- MT5 and Match-Trader also available
- Scaling path to $400,000
Cons
- Trailing drawdown is stricter than static for volatile traders
- 80% max split is lower than FundingPips or E8 Markets
- Fewer verified payout data points than larger firms
- US traders restricted to Match-Trader (no MT5 or TradeLocker)
Best for: Traders who trade news events or hold positions over weekends and want a firm that will not penalise them for it.
Goat Funded Trader Discount Code
Use code FT30 at checkout on goatfundedtrader.com for 30% off.
Offer: 30% off Goat Funded Trader challenges. Confirm at checkout before paying.
Start your Goat Funded Trader challenge → | Read our full review
6. Alpha Capital Group — Best for No-Time-Limit Evaluations
Alpha Capital Group is UK-registered with a 4.7 Trustpilot rating and a four-year operational track record — one of the longer runs on this list. Their TradeLocker offering sits alongside MT5, cTrader, and DXtrade, making them one of the few firms to offer the full four-platform suite. No time limits apply across all evaluation tiers, which is the defining rule that makes Alpha Capital a genuine option for traders who trade infrequently or need months to reach a profit target.
Where Alpha Capital Sits in the TradeLocker Market
The $200,000 maximum account size is lower than FundingPips ($2M via Hot Seat) or Blueberry Funded ($2M via scaling). If maximum capital is the priority, Alpha Capital is not the top pick. It competes on trust and platform breadth. A 4.7 Trustpilot rating over four years is a meaningful signal in an industry where most firms have no track record, and the four-platform lineup including TradeLocker gives traders flexibility to switch platforms as their strategy evolves.
For traders who specifically want TradeLocker but also want the option to move to cTrader for certain instrument types — cTrader has historically had better depth-of-market data for scalping — Alpha Capital is the only firm on this list that lets you do both from the same account tier.
Pros
- 4.7 Trustpilot rating over 4+ years
- TradeLocker, MT5, cTrader, and DXtrade available
- No time limits on evaluations
- Static drawdown on funded accounts
- Up to 100% profit split
Cons
- $200,000 cap is lower than top competitors
- TradeLocker for non-US traders only
Best for: Traders who want a proven firm with no evaluation time pressure and the option to use multiple platforms.
Alpha Capital Group Discount Code
Use code FUNDEDTRADING15 at checkout on alphacapitalgroup.uk for 15% off.
Offer: 15% off Alpha Capital Group challenges. Confirm at checkout before paying.
Start your Alpha Capital Group challenge → | Read our full review
7. Blue Guardian — Best for Standard + Aggressive Account Flexibility
Blue Guardian launched in 2021 and has built one of the more straightforward evaluation structures in the TradeLocker market. Two account types — Standard and Aggressive — give traders a clear choice: the Standard account has a 6% daily and 12% overall drawdown, while the Aggressive account tightens to 5% daily but widens total drawdown to 10%, rewarding traders who can manage intraday risk tightly.
Blue Guardian’s TradeLocker integration covers all non-US account types. The firm is EA-friendly and allows news trading, making it compatible with a wider range of strategies than more restrictive firms on this list. Copy trading is also permitted, which is unusual at this pricing tier.
Best for: Traders who want platform flexibility across four options and appreciate a simple Standard vs Aggressive account structure.
Blue Guardian Discount Code
Use code FT10 at checkout on blueguardian.com for 10% off.
Offer: 10% off Blue Guardian challenges. Confirm at checkout.
8. DNA Funded — TradeLocker-Only, Broker-Backed
DNA Funded is one of the few firms on this list where TradeLocker is not just an option — it is the only platform. The firm runs exclusively on TradeLocker, backed by DNA Markets, an ASIC-regulated Australian broker. That broker backing adds a regulatory credibility layer that most standalone prop firms don’t have. The firm offers four challenge types including a 10-day Rapid account and Instant Funding, with 800+ tradable instruments and no restrictions on news trading or weekend holding.
The 40% daily profit cap is DNA Funded’s most important rule to understand before trading. On any single day, only 40% of your total profit target counts — excess rolls to the next day. This discourages large single-session wins and favours consistent daily performance. If your strategy involves catching one large weekly move, DNA Funded’s cap will work against you.
Best for: Traders committed to TradeLocker who want broker-backed credibility and no trading restrictions.
DNA Funded Discount Code
Use code FT25 at checkout on dnafunded.com for 25% off.
Offer: 25% off DNA Funded challenges. Confirm at checkout.
9. FTUK — Best Range of Evaluation Models
FTUK launched in December 2021 and has since built out one of the widest evaluation menus on the TradeLocker platform: Pay After You Pass Flex accounts, instant funding, 1-step, 2-step, and a futures program all sit under one brand. For traders who want to compare challenge structures before committing, FTUK gives more options than most. TradeLocker is available across CFD and forex evaluation types for non-US traders.
The Pay After You Pass model is FTUK’s most distinctive offering — you don’t pay the challenge fee upfront. You trade, pass, and pay only after you’re funded. This removes the upfront financial risk of failing a challenge, though the fee structures and activation costs on some models need careful reading before signing up.
Best for: Traders who want to compare multiple evaluation structures under one brand and value pay-after-you-pass flexibility.
FTUK Discount Code
Use code FT35 at checkout on ftuk.com for 35% off eligible challenges.
Offer: 35% off FTUK CFD/Forex and eligible futures purchases. Confirm at checkout.
10. For Traders — Best Scaling Path to $1.5M
For Traders is a UAE-based prop firm with a structured scaling plan that goes to $1.5 million — higher than most firms at a comparable price point. TradeLocker is available alongside MT4 and MT5, giving traders a full platform choice. The firm’s evaluation uses a two-phase challenge with clear profit targets and a static drawdown structure that doesn’t move as your balance grows.
For Traders won Best MetaTrader 5 Prop Firm and Best Trading Conditions in 2025 at the FundedTrading Awards. The TradeLocker integration covers all account types and pairs with a wide instrument list including forex pairs, commodities, equities, indices, and crypto. On-demand payouts after qualification mean no waiting for a fixed payout window.
Best for: Traders who want a high scaling ceiling with TradeLocker access and static drawdown rules.
For Traders Discount Code
Use code FUNDEDTRADING at checkout on fortraders.com for 10% off.
Offer: 10% off For Traders challenges. Confirm at checkout.
11. Funded Guru — UAE-Based, 2026 Entrant
Funded Guru launched in 2026 and is one of the newer entries on the TradeLocker Hub. Based in the UAE, it offers traders simulated funded accounts up to $200,000 with up to 90% profit splits and a scaling plan. TradeLocker is available as a primary platform option. As a 2026 entrant, Funded Guru has a shorter public payout history than every other firm on this list — that is the main caveat.
Best for: Traders who want early access to a new TradeLocker-first firm and are comfortable with the reduced payout history.
12. OneFunded — cTrader + TradeLocker, UK-Registered
OneFunded is run by Brynex Tech Ltd, a UK-registered company, and offers cTrader and TradeLocker as its two platform options — with MT5 planned for a future update. The evaluation offers 1-Step, 2-Step, and 1F Limited challenges, all with unlimited trading days and refundable fees after the first payout. Payouts run bi-weekly by default, with a weekly option available as a paid add-on.
The equity-based drawdown tracks both balance and floating profit when calculating risk — meaning an open losing trade counts against your drawdown limit in real time, not just at close. Traders who hold positions overnight should model this carefully against their typical drawdown exposure. The UK registration through Brynex Tech adds a light operational transparency layer that many newer firms lack.
Best for: Traders who specifically want cTrader or TradeLocker and value UK-registered operational transparency.
OneFunded Discount Code
Use code FT25 at checkout on onefunded.com for 25% off.
Offer: 25% off OneFunded challenges. Confirm at checkout.
13. Aqua Funded — Highest Profit Split on This List
Aqua Funded offers the highest headline profit split on this list at 95%, with a scaling path to $2 million and no time limits on any evaluation tier. The firm is Dubai-based and offers 1-Step, 2-Step, and 3-Step challenge paths. The 3-Step model has the lowest profit targets of the three (making it easier to pass) and suits traders who prefer building to a funded account gradually. TradeLocker is available across all non-US account types.
The firm has an environmental mission (ocean cleanup and clean water initiatives) baked into its brand, which is unusual in this space. It’s mostly marketing differentiation, but traders who care about where they do business may find it relevant. More practically: EAs and copy trading are both permitted, which expands the range of strategies that qualify.
Best for: Traders who want the highest profit split available and a flexible 3-step evaluation path with no time pressure.
14. Sure Leverage Funding — Best for Instant Funding + EAs
Sure Leverage Funding (operated by Prop Trade Tech Pty Ltd, ABN 71 661 045 950) is built around instant funding and EA-friendly trading. The firm allows EAs and HFT during evaluations — a deliberate differentiator for systematic traders who want TradeLocker’s modern interface without giving up their automated strategies. Profit targets are among the lowest in the market, and traders can keep up to 100% of profits on top-tier accounts.
SLF’s 4.2/5 Trustpilot rating from 1,352+ reviews (as of May 2026) is a solid signal for a firm of its size. The main criticism from traders is rule complexity — the rule system has grown more layered over time, and some pages on the site have conflicting information. VPS and VPN usage are explicitly prohibited, which is stricter than many comparable firms.
Best for: EA and HFT traders who want TradeLocker access with instant funding and low profit targets.
Sure Leverage Funding Discount Code
Use code FT35 at checkout on sureleveragefunding.com for 35% off.
Offer: 35% off Sure Leverage Funding challenges. Confirm at checkout.
15. Next Level Funded — Fastest Payout Guarantee on This List
Next Level Funded launched in November 2024 and has built a reputation around speed. The firm guarantees payouts within 12 hours of a request, or pays a $1,000 penalty — the same model GFT uses, but with a 12-hour window rather than 24. Average processing sits around 3 hours. 100% profit splits, on-demand payouts, and accounts up to $400,000 with no time limits round out an aggressive offer for a firm less than two years old.
The fee is refunded on the 3rd payout, which is earlier than most firms (FundingPips, for example, refunds on the 4th). The trailing drawdown is the main mechanical caution — NLF’s drawdown floor rises with your account balance, meaning an early strong run followed by a drawdown can terminate an account a static-drawdown firm would have survived.
Best for: Traders who prioritise payout speed above all else and are comfortable with trailing drawdown mechanics.
Next Level Funded Discount Code
Use code FT40 at checkout on nextlevelfunded.com for 40% off.
Offer: 40% off Next Level Funded challenges. Confirm at checkout.
Start your Next Level Funded challenge → | Read our full review
TradeLocker vs MT5: What Actually Matters for Prop Traders
Most TradeLocker vs MT5 comparisons focus on charting aesthetics. That is the wrong frame. For prop traders, the practical question is which platform makes it harder to accidentally breach your account.
TradeLocker wins on risk management visibility. The built-in SL/TP calculator shows your dollar risk and risk-to-reward ratio before you confirm an order. You can drag your stop loss on the chart and watch the position size recalculate in real time. For traders managing to a strict daily loss limit of 3–5%, that live visual feedback reduces the chance of sizing errors.
MT5 wins on automation. MQL5 is a mature scripting language with hundreds of thousands of Expert Advisors and indicators. TradeLocker has Studio (its AI bot builder) and TradingView webhook support, but neither is equivalent to native MQL5 for complex strategies. If your edge lives in code, stay on MT5.
| Feature | TradeLocker | MetaTrader 5 |
|---|---|---|
| Charting | Native TradingView integration | MT5 native charts (limited customisation) |
| Risk calculator | Built in — live SL/TP drag | Requires third-party indicator |
| Mobile app | Modern, full-featured | Functional but dated UI |
| Automation / EAs | Studio bot builder + webhooks only | Full MQL5 scripting language |
| Execution speed | 0.4s avg; up to 2.4s in volatility | Varies by broker infrastructure |
| Setup | Browser or app — no installation | Desktop software download required |
| Prop firm availability | Growing — 24+ confirmed firms | Shrinking — MetaQuotes licence restrictions |
Discretionary traders who make decisions manually from chart analysis will find TradeLocker a noticeably better day-to-day experience. Systematic traders who rely on coded strategies should stay on MT5 or cTrader. Most serious traders benefit from knowing both.
For deeper context on TradeLocker’s technical specs and prop firm compatibility, see our TradeLocker platform review.
Frequently Asked Questions
What is TradeLocker and why are prop firms switching to it?
TradeLocker is a web-based CFD trading platform that integrates TradingView charts natively into the execution interface. It launched in 2022 and has grown to over 2.5 million active users. Prop firms switched to it primarily because MetaQuotes began pulling MetaTrader white-label licenses from prop trading operations in 2024, forcing firms to find alternatives. TradeLocker offered a familiar charting experience for traders already using TradingView, a clean mobile app, and a built-in risk calculator that MT5 has never matched out of the box.
Does FundedNext use TradeLocker?
No. As of July 2026, FundedNext does not offer TradeLocker. Their platform lineup is MT4, MT5, cTrader, and Match-Trader. Any list claiming FundedNext is a TradeLocker prop firm is inaccurate. We have verified this from FundedNext’s live platform pages.
Is TradeLocker better than MetaTrader 5 for prop trading?
For discretionary traders who execute manually based on chart analysis, TradeLocker is generally the better daily experience: native TradingView charts, a built-in risk calculator, visual SL/TP placement, and a cleaner mobile app. For traders who rely on MQL4/MQL5 Expert Advisors, MT5 is still the only option since TradeLocker has no equivalent native scripting language.
Can I use TradeLocker on mobile for my funded account?
Yes. TradeLocker has iOS and Android apps. The mobile experience is considered one of the platform’s stronger points compared to MT5’s mobile app. Most firms that offer TradeLocker support it across web, desktop, and mobile. Check your specific firm’s terms — a few restrict mobile trading on evaluation accounts.
Are there any coupon codes for TradeLocker prop firms?
Yes. Active codes as of July 2026: FundingPips — FTR (20%); Blueberry Funded — FT40 (40%); FunderPro — FUNDEDT (20%); E8 Markets — FTR5 (5%); Goat Funded Trader — FT30 (30%); Alpha Capital Group — FUNDEDTRADING15 (15%); Blue Guardian — FT10 (10%); DNA Funded — FT25 (25%); FTUK — FT35 (35%); For Traders — FUNDEDTRADING (10%); OneFunded — FT25 (25%); Sure Leverage — FT35 (35%); Next Level Funded — FT40 (40%). Verify each code at checkout before paying — codes can expire without notice.
Does TradeLocker support automated trading or Expert Advisors?
TradeLocker has an AI bot builder called TradeLocker Studio that lets traders create basic automated strategies without coding. It also supports TradingView webhook integrations for alert-based execution. It does not support MQL4 or MQL5 Expert Advisors. Traders whose strategies rely on MT4/MT5-native EAs cannot run them on TradeLocker and need to stay on MetaTrader or move to cTrader.
Which TradeLocker prop firm has the cheapest entry price?
FundingPips offers a $5,000 challenge on their 2-Step Pro model from $29. After applying the FTR code (20% off), that drops further. Blueberry Funded and E8 Markets also have competitive entry-level pricing in the $30–$50 range for $5K accounts after discount codes. Always compare the all-in cost — some firms charge add-on fees for platform access or withdrawal.
What are the main TradeLocker platform limitations I should know about?
Three key limitations: TradeLocker does not support MQL4/MQL5 Expert Advisors; execution speed can slow to 2.4 seconds during high-volatility events which makes it less suitable for scalpers; and the retail broker ecosystem for TradeLocker has shrunk from over 20 brokers in 2025 to under 10 in 2026, meaning platform availability is more dependent on prop firm partnerships than on choosing your own broker.
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