After over a year of regulatory setbacks, MetaTrader 5 (MT5) is making a return to the prop trading scene—this time, through the Caribbean.
Funding Traders announced this week that MT5 is officially live again on their platform, following the firm’s incorporation in Saint Lucia and direct licensing from MetaQuotes. In a bold post on X, they wrote:
“MT5 is HERE. MetaTrader 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.”
This move comes after MetaQuotes restricted MT5 access in early 2024 for firms operating without proper agreements or in non-compliant jurisdictions—particularly affecting firms serving U.S. clients.
Funding Traders is not alone. Funding Pips also reintroduced MT5 in March after a similar licensing process. The firm had temporarily shifted to platforms like Match-Trader, cTrader, and TradeLocker after losing MT access. With over $110 million in trader payouts and more than 1 million users, CEO Khaled Ayesh framed the return as “a key step in delivering flexible and accessible trading.”
A Shift in Strategy for Prop Firms
The return of MT5 through licensing in Saint Lucia highlights a broader trend: prop firms are actively seeking regulatory workarounds that allow them to maintain access to essential trading tools without compromising on compliance.
As more firms follow suit, Caribbean jurisdictions like Saint Lucia are emerging as new hubs for licensed prop trading operations.
Stay tuned as we continue tracking how prop firms adapt to platform and regulatory shifts in 2025.
