Best Prop Firms for MT5

The Trading Pit is a Liechtenstein-registered firm running CFD Prime, Futures Prime and a Stocks Challenge on a flat 80% split. Two changes on 29 April 2026 reshaped the deal: the fee rebate moved from your 1st payout to your 3rd, and the drawdown on the largest accounts switched from static to trailing. The rule that ends most accounts here is not a drawdown at all - it is the inactivity clock, which starts the day you buy, not the day you first trade.

FTMO (FTMO s.r.o., Prague) is the sector's most established simulated-funding firm, running a 2-Step and a newer 1-Step challenge. The most important fact is one almost every review gets backwards: the 2-Step fee is refunded 100% with your first payout, while the 1-Step fee is NON-REFUNDABLE. The 1-Step's lower sticker price (€499 vs €540 on a $100K) therefore makes it the more expensive route to funded, permanently. The 2-Step uses a STATIC 10% drawdown; the 1-Step uses an end-of-day TRAILING drawdown, a 3% daily loss, a 50% Best Day Rule that silently blocks payouts, no Scaling Plan — and it resets your entire drawdown buffer every time you withdraw. FTMO charges no withdrawal commission, has no consistency rules on the 2-Step, and scales to $2,000,000. There is no reset product: failing means buying again at full price.

Funded Trading Plus sells three programmes - Instant Funding, 1-Step Express and 2-Step Classic - on MT5 and Match-Trader, with an 80% base split. Two things reshaped the firm in 2026: the entire product line was replaced in February, taking the fee rebate with it, and the company was acquired by Instant Funding in May. It is UK-registered and says plainly that it is not FCA regulated. The 2-Step carries a 3% single-symbol loss limit that terminates the account outright.

The5ers (Five Percent Online Ltd, a UK company — but contracted under Israeli law with exclusive jurisdiction in Tel Aviv) runs four CFD programmes: Bootcamp, Hyper Growth, Pro Growth and High Stakes. Its real strengths are genuine: drawdown is STATIC on every CFD programme, the split scales to 100% for free rather than as a paid add-on, and High Stakes offers 1:100 leverage. But two things are widely misreported. First, a 3.5% commission is taken from EVERY cash withdrawal — Rise, crypto and bank transfer alike; the only 0% route is non-convertible Hub Credit. Second, the celebrated ~70% fee refund is High Stakes only, is paid as account equity rather than cash, and is itself subject to that 3.5% on the way out. The rule that decides most accounts is the 0.5% profitable-day definition: on a $100K you need $500 of closed profit in a day to qualify, and an open losing position at midnight wipes the day out entirely.

Alpha Capital Group is a UK-registered prop firm running four evaluation paths - Alpha One, Alpha Pro, Alpha Swing and Alpha Three - on MT5, cTrader, DX Trade and TradeLocker. The split is a flat 80% on every plan, and scaling raises your balance rather than your share. Every plan uses a static drawdown except Alpha One, which trails. The fee is non-refundable, and the rule that ends most accounts here is not a drawdown at all - it is the 2-minute average trade duration test.

FunderPro sells four evaluations - One Phase, Classic, Pro and Instant - on MetaTrader 5, cTrader and TradeLocker, with an 80% base split and a $100 minimum payout. It is unusually candid in one respect: it publishes its own pass rate, 7.35%, in the site footer. It is less candid in others. The homepage advertises "No Trailing Drawdown" while the binding Instant terms specify a trailing one, and the contract that governs your payouts is not published anywhere.

FundedNext is a UAE proprietary trading firm operating through GrowthNext F.Z.E. (Ajman Free Zone), running the Stellar range: 1-Step, 2-Step, Lite and Instant. Per its own disclaimer it is a simulation-based platform. The base profit split is 80% — 90% is reached through the Scale-Up plan, and 95% is a PAID add-on costing 25–30% on top of the challenge fee. A processing fee of up to 3.5% is deducted from EVERY payout, so a nominal 80% split nets closer to 77%. Since 12 January 2026 the 1-Step split starts at 80% rather than 90% — and resetting an older account moves you onto the newer, worse terms. The 1-Step pays on a 5-business-day cycle; the 2-Step's first cycle is 21 days, then 14 thereafter. Minimum payout from 20 USD, and only 2 minimum trading days on the 1-Step.

Funding Traders sells four evaluations - 1-Step PRO, 2-Step PRO6, 2-Step PRO10 and Instant Funded - on simulated capital, through MetaTrader 5 and TradeLocker. The base split is 80% on the 2-Step products and 90% on 1-Step and Instant, with the headline 100% sold as a checkout add-on. The rule that decides most accounts is a 2% cap on loss per trade idea, enforced as an immediate hard breach. Note the contracting entity is a Florida company that, by its own terms, is not the party that funds or pays you.

Funding Pips is a Comoros-registered prop firm (FundingPips Corp) with an administrative base in Dubai. All accounts are simulated. The advertised "up to 100%" profit split is neither a tier you earn nor an add-on you buy - it is a payout-frequency trade-off: weekly pays 60%, bi-weekly 80%, on-demand 90% and monthly 100%. That makes it the only major firm whose top split is free and rule-based rather than bought or scaled into. Maximum drawdown is STATIC on all four standard models (a floor that never moves) - the exceptions are FundingPips Zero, which trails at 5% and is by far the strictest product here, and Prime, which trails at 8%. Six programmes, fees from 29 to 888 USD, max allocation 400,000 USD, and Prime scaling to 2,000,000. Weekend holding has been suspended on funded accounts since January 2026. The challenge fee is refunded at your 4th reward on 1 Step and 2 Step Standard only - reset fees never are.

FXIFY is a broker-owned simulated forex/CFD prop firm: its challenge provider sits in the same corporate group, Prime Intermarket Group or FXPIG, as the Mauritius-licensed broker that supplies its pricing and liquidity. It trades on MT4, MT5, DXTrade and TradingView, plus crypto, with a separate FXIFY Futures brand. Its signature feature is first payout on demand: after passing, one closed trade lets you withdraw immediately with no minimum days, target or amount, credible because it owns its broker end to end. It offers 1-step, 2-step, 3-phase, Lightning, Instant Funding and crypto programs, sizes 5,000 to 400,000 from about 19 dollars, a split up to 90 percent (100 percent on crypto and futures), a 50 dollar minimum payout and scaling to 4 million. The main risk is a recurring pattern of payout denials citing latency arbitrage or prohibited strategies. It does not accept US traders.

Instant Funding is a UK-based, simulated forex/CFD and crypto-CFD prop firm run by Acello Ltd, on MT5, cTrader and Match-Trader, built around no-evaluation instant funding. Its signature is Smart Drawdown: the flagship has no profit target, and once you reach plus 5 percent the drawdown floor ratchets up to lock in a protected buffer. The lineup includes the instant flagship, a 24-hour IF1 account, and 1-phase and 2-phase challenges, with sizes roughly 5,000 to 50,000 from about 47 dollars. The base split is 80 percent, up to 90 percent via a paid add-on, with account-doubling scaling to 1.28 million. The main caveat is payout denial at the compliance and KYC stage. US traders are accepted on Match-Trader only, and it is not swap-free.

Goat Funded Trader runs seven evaluation routes across five platforms, with an 80% base profit split, bi-weekly payouts and a $100 minimum. The multi-step evaluations use a static drawdown; the Instant and Blitz products trail. Two rules decide most outcomes here: the fee is rebated on your fourth payout rather than refunded, and the first Reward on Demand is paid at 40% whatever split you bought.