FTMO recently relaunched its prop trading services in the US with MT5.
The5ers also relaunched in the country, but with cTrader.
A screenshot of FTMO.OANDA.com (FTMO's US-specific website)
Two major prop firms have recently re-entered the United States – FTMO and The5ers. What makes FTMO’s offering noteworthy is that it is available on the MetaTrader 5 platform, making it the only prop to offer MT5 in the US. The5ers, meanwhile, like many other props, is using cTrader.
Two Giants Re-Enter the US
Both FTMO and The5ers suspended services to US-based traders in early 2024 and relaunched them in recent days. This raises the question: is the US that important for prop firms?
Otakar Šuffner, co-founder and CEO of FTMO
Before suspending services, The5ers generated 15 to 20 per cent of its traffic from the US. Now, the Israeli company expects the country to become one of its top two markets.
FTMO and The5ers are not the only prop firms to resume services in the US. FundedNext, Funding Pips, Bespoke Funding Program, Blue Guardian, and MyFundedFX (now Seacrest Funded) are among several others that were forced to suspend but later returned.
Some brands re-entered within weeks, while others took more than a year.
Prop firms were thriving in the US until the Commodity Futures Trading Commission (CFTC) sued My Forex Funds, forcing it to shut down. The action sent shockwaves through the industry and compelled firms to adopt terms such as “simulated trading” and “virtual funds” on their websites.
FTMO’s US-specific website, a joint domain with OANDA, also uses phrases such as “demo trading”, “simulated platform”, and “rewards”.
The prop industry then suffered another blow in early 2024 when MetaQuotes cracked down on firms offering grey labels of its platforms to US-based traders. This move halted the operations of many props overnight and forced them to seek alternatives.
Most firms relaunched within weeks or months on platforms such as DxTrade, Match-Trader, and cTrader, but they lost the convenience of MetaTrader.
Some props attempted to regain MetaTrader access by registering themselves as brokers in offshore jurisdictions like Comoros and St. Lucia. However, none currently offer MetaTrader in the US, most likely due to MetaQuotes’ restrictions.
MT5 on FTMO
Although FTMO has not specified how it is offering MetaTrader 5 to US traders, it launched its services in partnership with OANDA, a forex and contracts for differences (CFDs) broker. OANDA is among the few forex brokers regulated in the US.
Interestingly, Czech Republic-based FTMO agreed to acquire OANDA from CVC last February. The deal, however, has yet to close as it “remains subject to regulatory approval.”
FTMO clarified that its partnership with OANDA for the US prop trading relaunch is separate from its acquisition deal.
The footer of the US-specific website states that the US-registered FTMO entity is “responsible for the provision of the Evaluation Process (FTMO Challenge and Verification),” while OANDA Corporation is “responsible for the provision of the FTMO Rewards Account (Signal Provider Program)”.
“While certain infrastructure on which FTMO US services are offered is provided by OANDA Corporation,” the website footer added.
Two major prop firms have recently re-entered the United States – FTMO and The5ers. What makes FTMO’s offering noteworthy is that it is available on the MetaTrader 5 platform, making it the only prop to offer MT5 in the US. The5ers, meanwhile, like many other props, is using cTrader.
Two Giants Re-Enter the US
Both FTMO and The5ers suspended services to US-based traders in early 2024 and relaunched them in recent days. This raises the question: is the US that important for prop firms?
Otakar Šuffner, co-founder and CEO of FTMO
Before suspending services, The5ers generated 15 to 20 per cent of its traffic from the US. Now, the Israeli company expects the country to become one of its top two markets.
FTMO and The5ers are not the only prop firms to resume services in the US. FundedNext, Funding Pips, Bespoke Funding Program, Blue Guardian, and MyFundedFX (now Seacrest Funded) are among several others that were forced to suspend but later returned.
Some brands re-entered within weeks, while others took more than a year.
Prop firms were thriving in the US until the Commodity Futures Trading Commission (CFTC) sued My Forex Funds, forcing it to shut down. The action sent shockwaves through the industry and compelled firms to adopt terms such as “simulated trading” and “virtual funds” on their websites.
FTMO’s US-specific website, a joint domain with OANDA, also uses phrases such as “demo trading”, “simulated platform”, and “rewards”.
The prop industry then suffered another blow in early 2024 when MetaQuotes cracked down on firms offering grey labels of its platforms to US-based traders. This move halted the operations of many props overnight and forced them to seek alternatives.
Most firms relaunched within weeks or months on platforms such as DxTrade, Match-Trader, and cTrader, but they lost the convenience of MetaTrader.
Some props attempted to regain MetaTrader access by registering themselves as brokers in offshore jurisdictions like Comoros and St. Lucia. However, none currently offer MetaTrader in the US, most likely due to MetaQuotes’ restrictions.
MT5 on FTMO
Although FTMO has not specified how it is offering MetaTrader 5 to US traders, it launched its services in partnership with OANDA, a forex and contracts for differences (CFDs) broker. OANDA is among the few forex brokers regulated in the US.
Interestingly, Czech Republic-based FTMO agreed to acquire OANDA from CVC last February. The deal, however, has yet to close as it “remains subject to regulatory approval.”
FTMO clarified that its partnership with OANDA for the US prop trading relaunch is separate from its acquisition deal.
The footer of the US-specific website states that the US-registered FTMO entity is “responsible for the provision of the Evaluation Process (FTMO Challenge and Verification),” while OANDA Corporation is “responsible for the provision of the FTMO Rewards Account (Signal Provider Program)”.
“While certain infrastructure on which FTMO US services are offered is provided by OANDA Corporation,” the website footer added.
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
From “Unrealistically Good” To “Cesspool Of Gamesmanship”: How 40 Minutes Changed Minds On Prop Trading
Marketing in 2026 Audiences, Costs, and Smarter AI
Marketing in 2026 Audiences, Costs, and Smarter AI
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
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As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
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Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Educators, IBs, And Other Regional Growth Drivers
Educators, IBs, And Other Regional Growth Drivers
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
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📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
The Leap to Everything App: Are Brokers There Yet?
The Leap to Everything App: Are Brokers There Yet?
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Mind The Gap: Can Retail Investors Save the UK Stock Market?
Mind The Gap: Can Retail Investors Save the UK Stock Market?
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
