Funding Traders Group Ltd., a proprietary trading firm, has
restored access to the MetaTrader 5 (MT5) platform after incorporating in Saint
Lucia.
In a post on X, the firm stated: “MetaTrader 5 is officially
back—this time, with our own license. After months of preparation, we’ve
secured an MT5 license.”
MT5 Reintroduced After Licensing Restrictions Lifted
The reintroduction of MT5 follows a period during which
several proprietary trading firms, including Funding Traders, faced
restrictions related to licensing.
In early 2024, MetaQuotes, the developer of
MT5, limited access to firms lacking direct agreements or operating in
jurisdictions with regulatory concerns. These measures particularly affected
firms offering services to U.S. clients without the required authorizations.
🚨 BIG NEWS: MT5 is HEREMetaTrader 5 is officially back—this time, with our own license.After months of preparation, we’ve secured an MT5 license, ensuring a stable trading experience for our traders.✅Use code MT5 for 50% off NextGen and Instant Funded accounts (one-time… pic.twitter.com/sccYNTFNqV
— FundingTraders (@fundingtraders) May 13, 2025
Funding Traders’ move to incorporate in Saint Lucia appears
to align with a broader trend among prop firms seeking alternative
jurisdictions to comply with MetaQuotes’ updated requirements. By shifting its
operational base and obtaining the necessary licensing, the firm has re-enabled
MT5 access for its non-U.S. user base.
You may find it interesting at FinanceMagnates.com: Two
More Prop Firms Open CFD Brokerage in Saint Lucia to Offer MetaTrader 5.
Funding Pips Reintroduces MT5 After Hiatus
Recently, Funding
Pips reintroduced MT5. The company announced the decision in March,
reporting $110 million in payouts and surpassing 1 million traders. CEO Khaled
Ayesh stated that the reintroduction of MT5 aligns with the firm’s goal of
providing accessible trading.
After losing access to MetaQuotes products in February 2024
due to regulatory issues, Funding Pips transitioned to Match-Trader, cTrader,
and TradeLocker platforms. The return to MT5 follows the firm obtaining a
direct license from MetaQuotes, reflecting a broader trend within the industry.
This article was written by Tareq Sikder at www.financemagnates.com.
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