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Unbiased Prop Firm Data, Reviews & Comparisons
Best MT5 Prop Firms
Find the best prop firms built for your platform. Strong options include Funding Pips, Goat Funded Trader, Blue Guardian. This 2026 list ranks 45 listed programs by reviews, payout reputation and trader feedback—open a profile for exclusive offers and side-by-side specs.
45 verified or featured prop firms ranked below
Best MT5 Prop Firms — the short answer
Prop Firm Pal tracks 45 MT5 prop firms, 18 of them verified. The cheapest evaluation route to a $100,000 funded account is $5 at For Traders, against a median of $419. The highest advertised profit split is 100% at Goat Funded Trader. Fintokei is the best rated at 4.7/5 from 3 reviews.
What is MetaTrader 5?
Checked against MetaQuotes Ltd’s own website on 22 September 2026.
MetaTrader 5 is MetaQuotes’ multi-asset successor to MT4, supplied by brokers and prop firms across desktop, web and mobile. It adds stocks and exchange-traded futures alongside forex, with a strategy tester and the MQL5 language — which is not compatible with MT4’s MQL4.
- Type
- Broker-supplied trading platform
- Runs on
- Desktop, Web, Mobile
- Markets
- Forex, CFDs, Stocks, Futures
- Connects through
- Broker or prop firm price feed
Full MetaTrader 5 profile — pricing, sources and all 103 prop firms we record as offering it.
Cheapest to $100k
$5
For Traders
Median to $100k
$419
across 39 priced firms
Best profit split
100%
Goat Funded Trader
Lowest profit target
2%
Fintokei
Drawdown style
9 static · 34 trailing
static is measured from your starting balance
Offer instant funding
33 of 45
priced separately from evaluations
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Frequently asked questions
How this ranking list works on Prop Firm Pal
What is the cheapest MT5 prop firm?
For Traders has the lowest evaluation price to a $100,000 funded account at $5. The median across the 39 firms on this page that publish a $100,000 price is $419, and the most expensive is My Crypto Funding at $744. Instant-funding accounts are priced separately and cost considerably more per $1,000 of funding.
Which MT5 prop firm has the highest profit split?
Goat Funded Trader, Fintokei, Aqua Funded, FXIFY and My Crypto Funding, plus 2 others advertise the highest split on this page at 100%, against a median of 87.5%. The top split usually requires a scaling plan or a paid add-on rather than being the default on a first account.
Which MT5 prop firms use static drawdown instead of trailing?
Funding Pips, Fintokei, One Funded, Market Mates and Falcon Funded, plus 4 others use a static maximum drawdown, measured from your starting balance. 34 firms on this page use a trailing drawdown that follows your peak balance instead, which is materially harder to trade around.
Which MT5 prop firm has the easiest profit target?
Fintokei and For Traders set the lowest first-phase profit target on this page at 2%. A lower target is not automatically easier — check it against the daily and maximum drawdown limits, which is where most evaluations are actually failed.
Do any MT5 prop firms offer instant funding?
Yes — Funding Pips, Goat Funded Trader, Blue Guardian, Fintokei and Aqua Funded, plus 28 others sell an instant-funding account with no evaluation to pass. Expect to pay several times more per $1,000 of funding than the equivalent evaluation, because the fee is buying the account rather than a chance at one.
How do MT5 prop firms pay traders?
The payout methods listed most often on this page are Crypto (14), Bank Transfer (9), Riseworks (8), Bank transfer (6), Rise (6), Cryptocurrency (4). Payout method and payout frequency are set per firm and can change — each firm profile carries the date its record was last checked.
Which MT5 prop firm is rated highest by traders?
Fintokei holds the highest community score on this page at 4.7 out of 5 from 3 reviews, among the 14 firms here with at least three reviews. Review scores are trader-submitted and are not part of a firm's paid placement.
How is this list of MT5 prop firms ranked?
Rankings combine verification status, community review score, review volume, estimated website traffic and profile completeness. Featured placements are paid and are labelled as such; they never change the organic order. Prop Firm Pal earns affiliate commission from some listed firms, which does not affect ranking or the figures shown.
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