MT5 and Prop Trading: Why Traders Keep Coming Back to MetaTrader 5
If you’ve spent any time around prop trading, you’ve probably heard of MetaTrader 5, or MT5. It’s basically the default platform for a huge number of traders out there — and for good reason. It’s clean, fast, and loaded with the tools you actually need.
But if you’ve been paying attention, you might’ve noticed that MT5 kind of vanished from the prop firm scene for a while. So what happened? And why is it back now?
Let’s break it down — why MT5 and prop trading go hand in hand, and why this combo is making a strong comeback in 2025.
First, a Quick Reminder: What’s Prop Trading Again?
Prop trading (short for proprietary trading) is when you trade with someone else’s money — usually a prop firm’s — and keep a cut of the profits. You don’t risk your own cash, which is great, but you still have to prove you can trade smart.
Most firms have a “challenge” you need to pass to get funded. After that, if you keep performing, you can get access to accounts worth $50K, $100K, even $500K or more. The better you do, the more they give you to trade with.
Pretty sweet deal, right?
So Why Do Traders Still Love MT5?
Here’s the thing — there are a lot of platforms out there, but MT5 has stood the test of time. Here’s why traders keep going back to it:
✅ Familiar Layout
If you’ve used MT4, MT5 will feel like home — just more powerful. And if you’re new, it’s still one of the easiest platforms to pick up.
⚡️ Fast and Reliable
Execution speed is critical when you’re trading with firm capital. MT5 is snappy, doesn’t freeze up during wild price swings, and runs like butter on almost any system.
📈 Killer Charting + Custom Tools
You get tons of indicators, full control over your charts, and the ability to build your own custom scripts or use ones others have shared (shoutout to the MQL5 community).
💼 Multi-Asset Support
Unlike MT4, which is mainly for forex, MT5 lets you trade everything from indices to commodities and even crypto CFDs — which is a big plus for prop traders with diverse strategies.
Wait… Didn’t MetaQuotes Shut MT5 Off for Prop Firms?
Yep. Back in late 2023, MetaQuotes, the company behind MT4 and MT5, made a move that surprised a lot of us — they started blocking access to the platforms for many prop trading firms.
Why? Basically, they were worried about compliance issues. Some firms were operating in legal gray areas, and MetaQuotes didn’t want to be caught in the crossfire. So they hit pause.
But Now MT5 Is Back. Here’s Why That Matters.
Fast forward to 2024, and MetaQuotes decided to loosen the reins — but only for prop firms that met certain standards. The idea was to protect their brand while still supporting serious, well-run firms.
So now in 2025, a bunch of solid prop firms are back on MT5, and traders couldn’t be happier. It’s like getting your favorite setup back after having to deal with a clunky alternative.
The Bottom Line
If you’re trading with a prop firm this year, chances are MT5 is on the table — and honestly, it’s still one of the best platforms out there. It’s fast, flexible, and trader-friendly.
Whether you’re just trying to pass your first challenge or you’re already scaling into a six-figure funded account, MT5 makes life easier.
So yeah, the prop trading world has changed a lot over the last couple of years… but MetaTrader 5 is still going strong — and it’s probably not going anywhere anytime soon.
Bonus: A Few FAQs
Is MT5 better than MT4?
If you’re trading with a prop firm, yes. MT5 supports more assets, it’s faster, and has more features overall.
Do all prop firms use MT5 again?
Not all, but more are jumping back on board now that MetaQuotes has allowed access again. Check with the firm before you sign up.
Can I trade MT5 in the browser?
Yep. A lot of firms now offer MT5 WebTrader. Super convenient if you don’t want to download anything.
Five MT5 Prop Firms
FTMO
Blueberry Funded
Audacity Capital
E8Markets
Fintokei
Get the full list here