MetaTrader 5 and prop firms

A+ Algo Portfolio V2.0 for MetaTrader 5 runs ten algos on Nasdaq 100, S&P 500 and gold on the same account, with A+ Account Guard over the whole account. The algos follow the same rules as in ProRealTime and have been checked trade by trade. The setup works both on your own account and with a prop firm.

MetaTrader 5 gives you more brokers and prop firms to choose from. If your broker only offers MT4 or cTrader, you can copy the trades from MT5 with a trade copier, we use Duplikum ourselves. To run the algos around the clock, even when your computer is off, you need a VPS, we use FXVM. We are not affiliated with either of them.

Every prop firm has its own rules for daily limit, maximum loss and news. Account Guard follows them for you, but always read the firm's rules before you buy a challenge. Further down you can see how the portfolio did on a 2-step account in the simulation and how our MT5 accounts are doing live on myfxbook.

MetaTrader 5, live on two accounts

All our MT5 algos run on a 100k USD funded account and an own account of 3,800 USD. Every trade is verified on myfxbook.

Prop firms on MetaTrader 5

Run the numbers for your own prop account

Choose account size and risk per trade in the backtest. You see how often the portfolio passed both phases and how often the account was blown in the simulation.

Built for a payout every month

The setup is built to give a payout every month, not to chase a fast challenge. On 2-step 100,000 USD with the Medium profile, 1% risk per trade, 85 of 100 accounts passed both phases in the clean test, with a median of 98 days to funded.

2-step 100,000 USD, 1%Clean test25% worse
Passes both phases85 of 10072 of 100
Time to funded, median98 days107 days
Blown within 12 months36 of 100 accounts53 of 100 accounts
Payout per monthabout 2,703 USDabout 1,940 USD
Net per year and account slot30,897 USD21,488 USD

Simulation of the MetaTrader 5 portfolio's historical trading days from April 2018 to September 2026 in random order, 4,000 simulated accounts, 2-step. Net per account slot is what one slot gave per year when a blown account was replaced with a new challenge, fees included. The figures show how many of 100 simulated accounts passed or were blown, not what will happen to your account.

Honest limits

  • Lower risk means fewer blown accounts. With the Stable profile, 0.5% risk, 98 of 100 accounts passed both phases and 1 of 100 was blown within 12 months in the clean test, with about 1,501 USD in payouts per month.
  • A 30 to 40 day challenge is not realistic within the 2-step rules. It takes about 2% risk, and then every other attempt is blown.
  • 3% a month is not reached at any level within reasonable risk.
  • About six of ten months gave a payout on Stable in the clean test. The rest are losing months or months that refill the buffer.
  • Gaps cannot be stopped. Account Guard protects against the daily limit but not against a price that jumps.
  • Buying account after account for more net is called account rolling, and prop firms do not allow it. Most also cap how much capital one trader or strategy may have.
  • A+ Algos does not cooperate with and is not approved by any prop firm. Prop firm rules and prices change, check them with the firm before you buy.

Account Guard

Protection over the whole account on MetaTrader 5

Account Guard is a separate program in MetaTrader 5 that watches every algo on the account at the same time, on your own account or at a prop firm.

  1. Daily limit and max loss

    Set to the prop firm's rules. The day is counted from midnight Central European Time. Half a percent before the limit it closes everything and blocks new trades.

  2. Risk profiles

    Stable 0.5%, Medium 1.0%, Aggressive 1.5% or Custom from 0.1 to 10% per trade, with a red warning above 3%. We advise against more than 3%.

  3. News

    No new trades around major news events.

  4. Other prop firms

    It recalculates the risk to the firm's limits, so the same portfolio can run at different prop firms.

  5. Own account

    Size is based on the balance at the start of the quarter, halved 10% below the peak, with an emergency stop at a 20% drawdown.

  6. Order

    Every algo has its own id and only touches its own positions.

Gaps cannot be stopped. Account Guard protects against the daily limit but not against a price that jumps, for example at the open after a weekend.

Questions before you start

How risky is algo trading?

All trading carries risk and CFD trading is high risk. You can lose part or all of the capital you put in. Our own live account has had a largest drop from its peak of −23.5% and a worst month of −13.9%. Give any algo at least six months before you judge it.

Are the results real?

The live results come from our own ProRealTime account and have been published every month since December 2023, after trading costs. Backtests are shown separately on each algo and are always marked as simulated.

Can I try before I buy?

Yes. Every algo comes with a 14-day free trial on a demo account. Email us which algo you want to test and we send it to you.

How much capital do I need?

It depends on the algo and the risk you choose. With IG you can start from about €600, but with a small account each losing trade becomes a large share of it. Every single algo page has a capital check that shows your risk per trade.

Does my computer need to be on?

Not with ProRealTime. The algo runs on the broker's servers and you can follow it in the IG app. Expert advisors for MetaTrader 5 need MetaTrader running, so most people use a VPS.

Do I get updates?

Yes. We review every algo continuously and you get new versions for free during your license period.

Why is the shortest license 6 months?

Because an algo has to be judged over many market conditions. A few weeks can look great or awful by chance.

Why do you sell algos you use yourselves?

The algos trade liquid index, gold and currency markets where our customers do not compete with each other. Selling them gives us a second income and you get algos we trust with our own money.

Can I cancel my purchase?

The algos are digital content delivered by email. When delivery starts at your request the right of withdrawal does not apply, according to Chapter 2, Section 11 of the Swedish Distance Contracts Act (2005:59). That is why we offer the free trial first.