Best Prop Firms for MT5
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- Operating under Axi, a Regulated broker with proven track record
- Funded accounts up to $1 million
- Keep 80% of your profits earned
- Flexible trading rules and conditions
- Structured 6-stage pathway with no failure clock
★★★★★
- Adaptable strategies to suit every trading style
- Premium tools designed for aspiring traders
- Exceptional customer support from a devoted team
- Profit splits paid super fast
- Diverse account options to match all traders needs
★★★★★
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Quant Tekel
Quant Tekel (now also branded as QT Funded) is a proprietary trading firm offering 2-step and 3-step challenge models with capital access up to $400,000, rebranded in early 2025 with an expanded platform offering. The 2-step challenge requires 7% in Phase 1 and 5% in Phase 2, with a 4% daily drawdown and 10% max drawdown and no time limits. Profit splits start at 80% and scale to 90% for consistent performers, with bi-weekly payouts typically processed in 1–2 business days. The firm holds a 4.5-star Trustpilot rating from over 7,000 reviews and supports MT5, cTrader, and DXTrade depending on the trader's region. PROS:
- • Profit split from 80%, scaling to 90% for consistent performers
- • No time limits on 2-step or 3-step challenges
- • Capital access up to $400,000 with bi-weekly payouts
- • Trustpilot 4.2/5 from 12,400+ reviews
- • Multiple platforms: MT5, cTrader, and DXTrade
- • Free trial available - low-risk way to test the platform
- • Active Discord community with responsive support
CONS:
- • News trading restricted 5 minutes before and after high-impact events
- • Maximum 3% risk per trade at any time
- • MT5 and cTrader restricted in some countries (DXTrade only)
- • 4% daily drawdown limit is tighter than many comparable firms
- • Traders Union expert score 3.07/10 - third-party reviewers cite payout delays and lack of regulation
- Achieve consistent profits through discipline
- Fast-track your financial freedom journey
- Risk-free evaluation with guaranteed capital
- Minimal initial investment required
- Daily coaching transforms trading skills
★★★★★
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- US futures prop firm - founded Feb 2023 by Apex Trader Funding's tech co-founder
- "Trade Live Not Simulated" - pass evaluation to unlock real live brokerage accounts
- Five evaluation pathways: Trail, EOD, Static, S2F (Straight-to-Funded), and S2L (Straight-to-Live)
- Up to 100% profit split; automated payout approval; 15 funded accounts max
- Trustpilot 4.6/5 from 409 reviews; futures-only via TradingView-based platform
★★★★★
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Day Traders
Day Traders (daytraders.com) is a US futures prop firm founded in February 2023 by the co-founder of Apex Trader Funding. It offers Trail, Static, and Straight-to-Funded (S2F) evaluation pathways with a 100% profit split - one of the highest in the industry. With a 45% challenge pass rate (vs. industry average of 15–25%), $2M+ in payouts processed, and automated 32-minute payout approvals via the proprietary ProjectX platform on TradingView, it's a standout for futures traders. PROS:
- • 100% profit split - traders keep all simulated funded profits
- • 45% challenge pass rate vs. industry average of 15–25%
- • Straight-to-Funded (S2F) option available - skip evaluation
- • Built by Apex Trader Funding's original technology co-founder
- • Automated payouts averaging 32 minutes from request to approval
- • ProjectX platform built on TradingView - professional charting
- • Up to $1,500,000 in combined capital across multiple accounts
CONS:
- • Newer firm (est. 2023) - limited long-term track record
- • Futures-only - no forex, stocks, or options available
- • $500 minimum per payout request
- • Pass rate and payout data are self-reported
- • Less community resources than legacy prop firms
- ⚠️ Firm dormant - no longer accepting new clients
- Operated by R1 London Ltd (UK) - launched 2024
- Was offering 80% profit split on simulated accounts
- Account sizes up to $100,000, multi-asset
- Trustpilot 3.4/5 from 9 reviews
★★★★★
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R U The 1
R U The 1 (ruthe1.com) was a UK-based proprietary trading firm operated by R1 London Ltd (Companies House #16109046), launched in 2024 by founder Eli Shirazi (former Head of Front Office at Saxo Bank). The firm offered simulated funded trading on Forex, metals, indices, energies, and cryptocurrencies, with account sizes up to $100,000 and an 80% profit split. The firm is no longer accepting new clients as of this review - see the notice at the top of the page. PROS:
- • UK-incorporated entity (R1 London Ltd, Companies House #16109046)
- • Founder Eli Shirazi (ex-Saxo Bank Head of Front Office)
- • On-demand payouts after $150 in closed simulated profit (when active)
- • 80% profit split on simulated accounts
- • Account sizes up to $100,000 with scaling potential
- • Multi-asset access - Forex, metals, indices, energies, crypto
CONS:
- • Firm is no longer accepting new clients (dormant)
- • Trustpilot 3.4/5 from only 9 reviews (low review volume)
- • Launched late 2024 - limited operating history
- • Not regulated as a financial-services firm; trading is on simulated accounts
- Both forex and futures programs with 1-step evaluation
- Accounts $25K to $5M; funding up to $2M, scaling up to $5M
- 75–90% profit split with static drawdown rules
- 5 platforms: MT4, MT5, cTrader, MatchTrader, DXTrade
- Trustpilot 4.9/5 from 228+ reviews
★★★★★
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Ment Funding
Ment Funding is a US-based prop firm founded in 2021 by Anton Calmes (Philadelphia, PA) as an offshoot of his mentfx.com trading-education platform. Offers both forex and futures programs with a 1-step evaluation. Accounts from $25K to $1M, scaling to $5M independently on each side. 75% profit split standard, upgradable to 90%. Static max drawdown (5% daily, 6% overall - fixed on starting balance, never trails). Platforms include MT4, MT5, cTrader, MatchTrader, and DXTrade. Payouts every 30 days via Riseworks or Columis. Trustpilot 4.9/5 from 228+ reviews. PROS:
- • 1-step evaluation across both forex and futures programs
- • 75% profit split standard with upgrade to 90% available
- • Accounts from $25K to $1M, scaling up to $5M independently per side
- • Static max drawdown (5% daily, 6% overall - never trails)
- • Wide platform choice: MT4, MT5, cTrader, MatchTrader, and DXTrade
- • No minimum or maximum trading days
- • Hedging, EAs, copy trading, and weekend holds all permitted
- • Trustpilot 4.9/5 from 228+ reviews - among the highest-rated US prop firms
CONS:
- • Payouts on a 30-day cycle (slower than the bi-weekly cadence common at competitors)
- • News trading restricted within 3 minutes of red-folder events
- • $7 round-trip commission on forex RAW spreads
- • Strategy used in evaluation must remain consistent on the funded account
- • Same EA used by multiple traders can trigger an account-closure review
- Elite capital backing for traders
- Expedited payments within 24 hours
- Customize trading plans your way
- Exceptional support around the clock
- Simplified path to financial success
★★★★★
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- Superior coaching from industry professionals
- Fast completion of account milestones
- Cutting-edge platform for market execution
- Immediate withdrawals without hidden fees
- Exceptional support throughout your journey
★★★★★
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Alpha Trader Firm
Alpha Trader Firm (alphafunded.com) is a proprietary trading firm founded in 2022 offering funded accounts of up to $4,000,000 in total allocation. The firm supports TradeLocker, MetaTrader 5, and Match-Trader, with profit splits reaching up to 100%. Traders benefit from professional coaching, flexible trading rules, and on-demand payouts. PROS:
- • Funded accounts up to $4,000,000 in total allocation
- • Up to 100% profit split (per March 2026 firm announcement)
- • Platforms: TradeLocker, MetaTrader 5, Match-Trader
- • One-Step, Two-Step, Two-Step Pro and Instant Funding evaluations
- • No restrictions on news trading or hedging
- • Challenge fees refunded with first withdrawal
- • Expert Advisors and automated trading allowed
- • 4.8/5 Trustpilot rating from 348 reviews (April 2026)
CONS:
- • Newer firm (founded 2022) - shorter track record than legacy firms
- • No MT4 or cTrader support
- • Specific drawdown rules vary by program type
- Swift capital scaling after success
- Excellent support via multiple channels
- Rapid payouts without excessive delays
- Flexible trading without arduous limitations
- Lifetime funding accessible upon qualification
★★★★★
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- Superior market access for traders
- Fast execution with minimal slippage
- Global markets at your fingertips
- Competitive fees benefit your profits
- Stellar support whenever you need
★★★★★
- Superior support from seasoned pros
- Quick payouts without lengthy delays
- Customizable accounts for diverse strategies
- Advanced platform with premium tools
- Personalized guidance for trading success
★★★★★
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WeMasterTrader
WeMasterTrader, operated by WeCopy Fintech Inc, is a proprietary trading firm offering a three-phase evaluation structure - a Challenge phase with an 8% profit target, a Stabilization phase, and a fully Funded Trade phase with up to 90% profit split. Daily loss is capped at 5% and maximum drawdown at 10%, while the platform is EA-friendly and permits copy trading, news trading, and weekend holding across multiple asset classes. Payouts are processed via bank transfer, Wise, PayPal, and cryptocurrency for eligible regions. The firm launched in late 2024, making it one of the newer entrants in the proprietary trading space. PROS:
- • Up to 90% profit split once fully funded through all three phases
- • EA-friendly with copy trading, news trading, and weekend holding permitted
- • Clear three-phase progression: Challenge → Stabilization → Funded Trade
- • Multiple payout methods: bank transfer, Wise, PayPal, and crypto
- • Fewer trading restrictions than many competitors
- • Multi-asset support with standard 5% daily / 10% max drawdown rules
- • Copy trading allowed - suitable for strategy-sharing traders
CONS:
- • No profit share during the Challenge phase
- • Only 30% split during the Stabilization phase - below market average
- • Very new firm (launched late 2024) with limited trading track record
- • Trustpilot rating currently unavailable (flagged by Trustpilot for guidelines breach as of May 2026; 2,262 reviews on file) - recent reviews cite payout problems
- Swift capital access for successful traders
- Rapid evaluation with excellent payout system
- Robust platform with realistic conditions
- Fair assessment criteria for all levels
- Exceptional support from trading professionals
★★★★★
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Goat Funded Trader
Goat Funded Trader offers an impressive pathway for aspiring traders, with straightforward evaluation phases and generous profit splits. Their competitive fees and rapid payout structure stand out in the proprietary trading industry. While their platform requires adaptation, their responsive support team ensures traders receive assistance when needed, making them a solid choice for funded trading opportunities. PROS:
- 100% member refund on challenge failures
- Fast payouts within 24 hours
- No time limits on challenges
- Scalable account growth opportunities
- One-time fee, no recurring charges
- Low minimum trading day requirements
- Diverse market access including crypto
- Simple trading rules to follow
CONS:
- Limited backtesting capability
- Higher initial payment required
- Refund policy can be restrictive
- Dashboard functionality sometimes glitches