Introduction
MetaTrader platforms (MT4 and MT5) remain widely used within prop trading firms, offering algorithmic trading and charting tools. This article outlines a second set of firms employing MetaTrader, describing each firm’s platform access, program structure, trading conditions, and key characteristics objectively and based on current operational data.
Funding Traders
Platform Access
Funding Traders provides both MetaTrader 4 and MetaTrader 5 platform access for funded accounts and during evaluation periods.
Program Details
Funding Traders offers multiple account sizes with fast weekly payouts. Traders may use EAs on either platform. Profit splits and drawdown limits follow transparent structures consistent with industry norms.
The 5%ers (TheFiveers)
Platform Access
The 5%ers supports the MetaTrader platform (often MT5 but occasionally MT4), depending on account type.
Trading Conditions
The 5%ers offers scaling programs based on consistent performance. Traders may begin with funded capital and receive weekly profits. Profit split ratios are competitive, and account size growth is performance based.
Maven Trading
Platform Access
Maven Trading supports MT4 and MT5 for its forex and CFD traders.
Trading Conditions
Offers moderate account sizes (~$200k), with evaluation fees and profit split structures similar to other firms. Automated trading is permitted.
BlueBerry Funded
Platform Access
BlueBerry Funded offers MT4 access with standard evaluation and funding programs.
Trading Conditions
Account sizes and evaluation models are in line with mid‑tier offerings. Profit splits typically reach up to ~90%, with drawdown and profit target metrics maintained for consistency.
Audacity Capital
Platform Access
Audacity Capital supports MT4 and MT5 for forex and CFD trading within its prop programs.
Program Details
Offers multi‐level scaling plans with evaluation fees and profit splits around industry norms (~80‑90%). Account sizes available reach up to several hundred thousand.
City Traders Imperium
Platform Access
City Traders Imperium provides MT4 and MT5 access to its traders across funded and evaluation accounts.
Trading Conditions
They offer multiple account tiers with profit splits ranging up to ~80‑85%. Evaluation conditions include profit targets and controlled drawdown limits.
Alpha Capital Group
Platform Access
Alpha Capital Group supports MetaTrader platforms, predominantly MT5 but sometimes MT4 depending on program.
Trading and Scaling
Account sizes may scale up to ~$400k. Profit split structures and evaluation steps align with prop sector norms, permitting EA use within constraints.
FundingPips
Platform Access
FundingPips enables trading on MT4 and MT5, supporting automated strategies.
Trading Conditions
Multiple account tiers up to ~$300k, profit targets around 6‑10%, drawdown limitations. Profit splits of ~80‑90% after evaluation.
Prop Firms Frequently Cited with MetaTrader
Additional firms frequently recognized for their MetaTrader support include Elite Trader Funding, E8 Markets, Crypto Fund Trader, and Take Profit Trader. These firms provide MT4 or MT5 access, usually with standard evaluation structures and profit share models.
Features Common to MetaTrader-Enabled Prop Firms
Automation and Expert Advisors
All listed firms generally allow the deployment of EAs and automated trading strategies via MT4 or MT5 platforms, subject to each firm’s compliance rules and strategy restrictions.
Multi-Instrument Access
While primarily offering forex and CFDs, several firms also enable trading futures, commodities, stocks, and crypto via MetaTrader platforms where compatible.
Platform Tools
MetaTrader platforms facilitate backtesting, strategy optimization, custom indicators, scripting, and visual charting. Prop firms with MT support enable full use of these tools across desktop, web, and mobile devices.
Evaluation and Funding Models
Evaluation typically involves defined profit targets, drawdown metrics, and minimum trading days or trades. Scaling plans and payout structures vary but follow a similar model: successful evaluation → funded account → profit split based on performance.
Comparison Table
| Prop Firm | Platforms Available | Max Account Size | Profit Split | Evaluation Style | EA Support |
|---|---|---|---|---|---|
| Funding Traders | MT4 / MT5 | Up to ~$500k | ~80‑90% | Challenge with quick payouts | Yes |
| The 5%ers | MT5 (sometimes MT4) | Scaling capital | ~80‑90% | Growth‐based scaling model | Yes |
| Maven Trading | MT4 / MT5 | ~$200k | ~80‑90% | Standard evaluation tiers | Yes |
| BlueBerry Funded | MT4 | Up to ~$400k | ~80‑90% | One‑step evaluation | Yes |
| Audacity Capital | MT4 / MT5 | Up to ~$480k | ~80‑90% | Multi‑level challenges | Yes |
| City Traders Imperium | MT4 / MT5 | Up to ~$400k | ~80‑85% | Scaled account tiers | Yes |
| Alpha Capital Group | MT4 / MT5 | Up to ~€400k | Competitive split | Standard prop challenge | Yes |
| FundingPips | MT4 / MT5 | Up to ~$300k | ~80‑90% | Stepwise evaluation | Yes |
Considerations for Traders
- Platform Preference: Traders should choose firms offering the preferred MetaTrader version (MT4 vs MT5), especially if relying on bespoke EAs or indicators.
- Automated Strategy Rules: Firms typically allow EAs, but explicit compliance with trading rules (no news bots, restricted instruments) is necessary.
- Evaluation Cost vs Refund: Many firms partially refund evaluation fees upon success. This reduces net cost.
- Scaling Policies: Some firms provide automated scaling based on performance milestones.
- Payout Frequency: Firms vary in payout timing—some offer instant or same‑day funding; others follow weekly or monthly cycles.
Conclusion
A wide range of prop firms supports MetaTrader platforms for funded trading and evaluation. These firms enable traders to use EAs, advanced analytics, and cross-platform trading via MT4 or MT5. Whether through instant funding (FXIFY), profit‑sharing up to 100% (Goat Funded Trader), or scalable capital programs (The 5%ers, Funding Traders), traders have choices aligned with MetaTrader functionality. Evaluating each firm’s evaluation scheme, profit structure, and MetaTrader version support is key to selecting the best fit for automated trading strategies.
