Top MetaTrader 5 (MT5) Prop Trading Firms
Trade stocks, forex, and futures on MT5 with prop firm capital. Compare MetaTrader 5 firms offering cashback rewards.
Key Considerations for MT5
- Multi-asset support: trade forex, stocks, futures, and crypto from one platform
- Improved backtesting engine with multi-threaded strategy testing
- MT4 EAs are NOT compatible — they must be converted to MQL5
- Depth of Market (DOM) display provides institutional-grade price transparency
MetaTrader 5 represents the next evolution of the MetaTrader platform series, offering multi-asset trading capabilities, improved backtesting, and more advanced order types compared to MT4. For prop traders interested in diversifying beyond forex into stocks, futures, or cryptocurrencies, MT5 provides the necessary infrastructure in a familiar interface.
MT5's economic calendar integration, depth of market (DOM) display, and expanded timeframes make it particularly valuable for traders who combine technical analysis with fundamental research. The platform's MQL5 programming language is more powerful than MQL4, enabling more sophisticated automated trading strategies and custom indicators.
Prop firms offering MT5 typically provide access to broader markets than MT4-only firms. This platform choice signals a firm's commitment to offering diverse trading opportunities. The firms listed here provide full MT5 functionality with competitive evaluation terms and payout structures.
Why Trade on MT5?
Advantages
- Multi-asset: forex, stocks, futures, crypto
- Advanced backtesting with multi-threading
- More timeframes and analytical tools
- Built-in economic calendar
Limitations
- Fewer third-party EAs vs MT4
- Steeper learning curve for MQL5
- Some brokers have limited MT5 symbol coverage
- Not all MT4 indicators are compatible
Best MT5 Prop Firms
FundedNext
Cashback
N/A
Platforms
⚠️ Risk: Prop trading involves significant risk. Only invest what you can afford to lose.
Maven Trading
Cashback
N/A
Platforms
⚠️ Risk: Prop trading involves significant risk. Only invest what you can afford to lose.
Funding Pips
Cashback
N/A
Platforms
⚠️ Risk: Prop trading involves significant risk. Only invest what you can afford to lose.
FXIFY
Cashback
N/A
Platforms
⚠️ Risk: Prop trading involves significant risk. Only invest what you can afford to lose.
FTMO
Cashback
N/A
Platforms
⚠️ Risk: Prop trading involves significant risk. Only invest what you can afford to lose.
The5ers
Cashback
N/A
Platforms
⚠️ Risk: Prop trading involves significant risk. Only invest what you can afford to lose.
Audacity Capital
Cashback
N/A
Platforms
⚠️ Risk: Prop trading involves significant risk. Only invest what you can afford to lose.
Seacrest Markets
Cashback
N/A
Platforms
⚠️ Risk: Prop trading involves significant risk. Only invest what you can afford to lose.
Alpha Capital Group
Cashback
N/A
Platforms
⚠️ Risk: Prop trading involves significant risk. Only invest what you can afford to lose.
Blue Guardian
Cashback
N/A
Platforms
⚠️ Risk: Prop trading involves significant risk. Only invest what you can afford to lose.
Leverage Comparison
| Firm | Standard Accounts | Swing Accounts |
|---|---|---|
 FundedNext | 1:100 | 1:30 |
 Maven Trading | 1:75 | 1:75 |
 Funding Pips | 1:100 | 1:50 |
 FXIFY | 1:30 | 1:30 |
 FTMO | 1:100 | 1:30 |
 The5ers | 1:100 | 1:30 |
 Audacity Capital | 1:100 | 1:30 |
 Seacrest Markets | 1:30 | 1:30 |
 Alpha Capital Group | 1:100 | 1:30 |
 Blue Guardian | 1:50 | 1:30 |
FundedNext
Maven Trading
Funding Pips
FXIFY
FTMO
The5ers
Audacity Capital
Seacrest Markets
Alpha Capital Group
Blue Guardian
Available Trading Instruments
| Firm | Forex | Commodities | Indices | Crypto | Stocks |
|---|---|---|---|---|---|
| FundedNext | 43 | 5 | 13 | 9 | - |
| Maven Trading | 40 | 17 | 15 | 4 | - |
| Funding Pips | 30 | 4 | 8 | 6 | - |
| FXIFY | 70 | 5 | 10 | 80 | - |
| FTMO | 40 | 8 | 10 | 5 | - |
| The5ers | 30 | 4 | 6 | 2 | - |
| Audacity Capital | 27 | 1 | 4 | 3 | - |
| Seacrest Markets | 50 | 6 | 10 | 8 | - |
| Alpha Capital Group | 29 | 4 | 8 | - | - |
| Blue Guardian | 50 | 6 | 12 | 5 | - |
FundedNext
Maven Trading
Funding Pips
FXIFY
FTMO
The5ers
Audacity Capital
Seacrest Markets
Alpha Capital Group
Blue Guardian
Platform Features & Capabilities
| Firm | Demo Account | API Trading | Expert Advisors | Copy Trading |
|---|---|---|---|---|
| FundedNext | ||||
| Maven Trading | ||||
| Funding Pips | ||||
| FXIFY | ||||
| FTMO | ||||
| The5ers | ||||
| Audacity Capital | ||||
| Seacrest Markets | ||||
| Alpha Capital Group | ||||
| Blue Guardian |
FundedNext
Maven Trading
Funding Pips
FXIFY
FTMO
The5ers
Audacity Capital
Seacrest Markets
Alpha Capital Group