MetaTrader 5 (MT5) continues to be a staple platform for many proprietary trading firms in 2025, despite increased scrutiny and licensing limitations imposed by MetaQuotes. Known for its powerful charting tools, multi-asset support, and algorithmic trading capabilities, MT5 remains a top choice among high-performance trading outfits. In this article, we review the top prop firms using MT5, compare the platform against alternatives, and share insights from recent industry surveys.
Leading Prop Firms That Offer MT5
| Prop Firm | Trading Platforms |
|---|---|
| FunderPro | cTrader,TradeLocker,MT5 |
| Funding Pips | cTrader,TradeLocker,MT4,MT5 |
| FundedNext | cTrader,MT4,MT5 |
| FTMO | cTrader,MT4,MT5,DXTrade |
| Bullwaves Prime | MT5 |
| the5ers | MT5 |
| Toptier Trader | MT4,MT5 |
| UltraCap Trading | MT4,MT5 |
| Blue Guardian | cTrader,MT4,MT5 |
| FTUK | MT4,MT5 |
| Funded Trading Plus | cTrader,Match-Trader,MT4,MT5,DXTrade |
| Earn2Trade | MT4,MT5 |
| City Traders Imperium | MT5 |
| E8 Markets | MT4,MT5 |
| Goat Funded Trader | MT4,MT5 |
| The Trading Pit | MT4,MT5 |
Market Overview: MT5 Amid Industry Revamp
In recent years, prop trading has faced rapid structural changes. MetaQuotes, the developer of MetaTrader platforms, has tightened distribution and licensing, particularly impacting firms serving U.S. traders. As a result, platforms like Match-Trader, cTrader, and TradeLocker have emerged as flexible, compliant alternatives.
According to Start-Business-Online.com, this transition is not just about licensing—it's part of a broader revamp where firms optimize their business models in the face of regulatory scrutiny and the need for innovation.
⚙️ MT5 Benefits for Prop Firms
- Advanced multi-asset trading across forex, indices, stocks, and commodities.
- Integrated economic calendar and news events.
- Depth of Market (DOM) for real-time liquidity analysis.
- Support for high-frequency trading through MQL5 scripts.
- 64-bit multi-threaded architecture for improved execution speed.
MT5 vs Other Trading Platforms (2025)
| Feature | MT5 | cTrader | Match-Trader | TradeLocker |
|---|---|---|---|---|
| Multi-Asset Support | ✅ | ✅ | ✅ | ✅ |
| Broker Licensing Required | ✅ | ❌ | ❌ | ❌ |
| Custom Challenge Integration | Limited | Advanced | Available | Available |
| US Trader Friendly | ❌ | ✅ | ✅ | ✅ |
| Algo Trading Capability | Advanced (MQL5) | C# (cAlgo) | Yes | Limited |
Survey Results from Start-Business-Online.com
A proprietary survey conducted by Start-Business-Online.com among 30+ prop trading firms revealed that:
- Over 60% of firms continue to support MT5, primarily due to trader familiarity and feature depth.
- Nearly 70% of new entrants in 2025 prefer alternative platforms due to easier compliance and branding options.
- More than 75% of firms offering MT5 also provide an alternative platform to hedge against policy shifts.
Conclusion
Despite industry-wide shifts, MT5 remains a powerhouse platform for prop firms that value precision, strategy depth, and trader autonomy. However, in light of licensing hurdles and regulatory concerns, many firms are dual-offering or transitioning toward more customizable alternatives like cTrader and Match-Trader. For firms and traders alike, 2025 is about flexibility, innovation, and aligning tech stacks with evolving market realities.
Further Reading
Frequently Asked Questions (FAQs)
MetaQuotes' licensing restrictions and regulatory pressure in certain regions have prompted firms to explore more flexible alternatives.
Key MT5 alternatives include cTrader, Match-Trader, and TradeLocker.
Yes, MT5 offers multi-asset support, faster execution, and more robust backtesting compared to MT4.
Generally no—unless the broker holds the necessary licensing, which is increasingly rare.
MT5 will likely continue in parallel with alternative platforms, especially among firms targeting experienced traders.
