MT4 MT5 Prop Firms 2026: Prop Firms Supporting MetaTrader Platforms
Discover prop firms supporting MT4 and MT5 in 2026. This comprehensive guide covers prop firms with MetaTrader platform support, including MT4/MT5 features, Expert Advisors, automated trading, and best MetaTrader prop firms for forex traders.
Prop firms supporting MT4 and MT5 MetaTrader platforms. Source: Unsplash
Understanding MT4 and MT5 in Prop Trading
MT4 (MetaTrader 4) and MT5 (MetaTrader 5) are popular trading platforms developed by MetaQuotes Software. MT4 is widely used for forex trading, while MT5 supports forex, stocks, futures, and other instruments. Both platforms support Expert Advisors (EAs) for automated trading.
Most forex prop firms support MT4 and/or MT5, including FTMO, FundedNext, The5%ers, E8 Markets, and many others. MT4/MT5 are the most common platforms for forex prop trading, making them widely supported by prop firms.
MT4/MT5 benefits: Expert Advisors for automated trading, comprehensive charting, extensive indicators, MQL programming language, and industry-standard platforms. Learn more about prop firms and their platform support.
What are MT4 and MT5?
MetaTrader 4 (MT4)
MT4 is the most popular forex trading platform, widely used by retail and prop traders. MT4 offers comprehensive charting, technical analysis, Expert Advisors (EAs) for automated trading, and the MQL4 programming language for custom development.
MT4 features: comprehensive charting, extensive indicators, Expert Advisors, MQL4 programming, and forex-focused platform. MT4 is the industry standard for forex trading.
MetaTrader 5 (MT5)
MT5 is the newer MetaTrader platform, supporting forex, stocks, futures, and other instruments. MT5 offers enhanced features, improved performance, Expert Advisors, and the MQL5 programming language. MT5 is more versatile but less common than MT4.
MT5 features: multi-asset support, enhanced performance, Expert Advisors, MQL5 programming, and improved features. MT5 is more versatile than MT4.
Expert Advisors (EAs)
Both MT4 and MT5 support Expert Advisors (EAs), which are automated trading programs. EAs can execute trades automatically based on predefined rules, making them valuable for algorithmic trading with prop firms.
EA benefits: automated trading, strategy execution, backtesting capabilities, and custom development. EAs are powerful tools for prop traders.
MQL Programming
MT4 uses MQL4 and MT5 uses MQL5 programming languages for developing custom indicators, Expert Advisors, and scripts. These languages allow traders to create custom trading tools and automated strategies.
MQL benefits: custom indicator development, EA creation, script development, and strategy automation. MQL programming enables custom trading tools.
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Prop Firms Supporting MT4/MT5
1. FTMO
FTMO supports both MT4 and MT5, making it an excellent choice for MetaTrader traders. FTMO offers accounts up to $400K with 90% profit split and full MT4/MT5 support including Expert Advisors.
Why FTMO is excellent for MT4/MT5 traders: full MT4 and MT5 support, Expert Advisor support, comprehensive platform integration, $400K maximum funding, 90% profit split, and proven reliability. FTMO is the top choice for MetaTrader prop traders.
MT4/MT5 benefits with FTMO: full platform support, Expert Advisor compatibility, comprehensive charting, automated trading capabilities, and professional-grade features. FTMO provides excellent MetaTrader integration.
2. FundedNext
FundedNext supports MT4 and MT5 with Expert Advisor compatibility. Offers scaling up to $4M with 90% profit split and comprehensive MetaTrader platform support.
3. The5%ers
The5%ers supports MT4 and MT5 with Expert Advisor support. Known for low-risk approach and scaling up to $4M with comprehensive MetaTrader platform integration.
4. E8 Markets
E8 Markets supports MT4 and MT5 with Expert Advisor compatibility. Offers accounts up to $200K with competitive spreads and professional MetaTrader platform support.
5. My Funded Futures
My Funded Futures supports MT4 and MT5 for forex trading. Offers competitive terms with comprehensive MetaTrader platform support and Expert Advisor compatibility.
Benefits of MT4/MT5 for Prop Trading
Expert Advisors
MT4/MT5 Expert Advisors (EAs) allow automated trading, which is valuable for prop traders. EAs can execute trades automatically based on predefined rules, enabling algorithmic trading strategies with prop firm capital.
EA benefits: automated execution, strategy automation, backtesting capabilities, and custom development. EAs are powerful tools for prop trading.
Comprehensive Charting
MT4/MT5 offer comprehensive charting with extensive indicators, drawing tools, and analysis capabilities. This professional-grade charting helps prop traders analyze markets and make informed trading decisions.
Charting benefits: extensive indicators, advanced drawing tools, multiple chart types, and comprehensive analysis. MT4/MT5 charting is professional-grade.
MQL Programming
MT4/MT5 support MQL programming languages (MQL4 for MT4, MQL5 for MT5) for developing custom indicators, Expert Advisors, and scripts. This programming capability enables custom trading tool development.
MQL benefits: custom indicator development, EA creation, script development, and strategy automation. MQL programming enables custom tools.
Industry Standard
MT4/MT5 are industry-standard platforms widely supported by prop firms. This widespread support makes MT4/MT5 accessible and familiar to most forex traders, providing consistency across different prop firms.
Standard benefits: widespread support, familiar interface, consistent experience, and industry recognition. MT4/MT5 are the standard for forex trading.
Frequently Asked Questions
What prop firms support MT4 and MT5?
Most forex prop firms support MT4 and/or MT5, including FTMO, FundedNext, The5%ers, E8 Markets, and many others. MT4/MT5 are the most common platforms for forex prop trading, making them widely supported. Always verify MT4/MT5 support with individual prop firms.
Do all prop firms support MT4/MT5?
Most forex prop firms support MT4/MT5, though support varies. Some firms support both MT4 and MT5, while others may support only one. Futures prop firms typically use NinjaTrader or other platforms. Always verify MT4/MT5 support with individual prop firms before signing up.
What are the benefits of MT4/MT5 for prop trading?
MT4/MT5 benefits for prop trading include: Expert Advisors (EAs) for automated trading, comprehensive charting and analysis tools, extensive indicator library, MQL programming language for custom development, and industry-standard platforms widely supported by prop firms.