How does PropExecutor compare with MetaTrader 5?

MT5's familiarity is real, and so is its licensing risk for prop firms.

MetaTrader 5, per MetaQuotes' own page (checked October 2026)

• Pricing: not published.
• Includes: trading platform licences (Entry, Standard and Enterprise) for brokers; the page does not mention prop firms.

The 2024 restrictions

In early 2024, MetaQuotes acted against prop firms using its platforms with US clients. Brokers sharing MetaTrader licences with prop firms withdrew, and several firms paused trading or migrated.

PropExecutor

• Its own terminal, so no third-party terminal licence sits underneath.
• Published one-time prices.
• Rule engine, versioned rule sets and a dashboard in every account.
• API on every plan.

What MT5 has that PropExecutor does not

• Expert advisors and scripting.
• Native iOS app and desktop application.
• Instant familiarity for most traders.

What PropExecutor offers that MT5 licensing does not

• A direct relationship with the platform provider for prop use.
• Prop rules, pass and breach status and dashboards built in.
• A predictable, published price.

Choosing

Firms whose traders rely on EAs may need MT5 access, with its licensing considerations. Firms prioritising control and cost often choose a prop-specific platform.