Best Prop Firms with MetaTrader 5 (MT5)

FAQ – Best Prop Firms with MetaTrader 5 (MT5)

What are the best prop firms with MT5 in 2025?

FundingPips is one of the top MT5 firms, offering flexible rules, scaling up to $2M, and payouts with splits up to 100%.

Do most prop firms support MT5?

Yes, many forex and CFD-focused prop firms now support MT5. Futures-only firms, however, tend to use platforms like NinjaTrader or Tradovate instead.

Why choose MT5 over MT4 with prop firms?

MT5 offers faster execution, depth of market (DOM), improved order types, and better support for multi-asset trading compared to MT4.

Can I use Expert Advisors (EAs) on MT5 with prop firms?

Yes. FundingPips and similar firms allow EAs and automation on MT5, as long as they meet the firm’s risk management requirements.

Are MT5 prop firms beginner-friendly?

Absolutely. Many MT5 firms offer one-step or two-step evaluations, making them suitable for beginners who prefer a familiar retail-style platform.

Do MT5 prop firms offer fast payouts?

Trusted MT5 firms often process payouts weekly or bi-weekly. FundingPips, for example, supports flexible cycles, including weekly payouts.

Are both forex and crypto available on MT5 prop firms?

Yes. Most MT5 firms cover forex, indices, metals, and crypto CFDs, giving traders wide asset flexibility.

Do MT5 firms provide high profit splits?

Yes. It’s common to see 90/10 splits, and some firms, like FundingPips, scale up to 100% profit share for consistent traders.

Is MT5 better for algo trading than MT4?

Generally yes. MT5’s updated framework supports faster optimization and more efficient EA handling, which benefits algo traders.

Who should pick an MT5 prop firm?

MT5 firms are ideal for traders who want multi-asset access, algo compatibility, and a more advanced version of MT4 with strong prop funding models.

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