MetaQuotes Ban: 1 Prop Firm that Accepts US Clients (2024)

MetaQuotes Ban: 1 Prop Firm that Accepts US Clients (1)

MetaQuotes, the developer of popular trading platforms MetaTrader 4 and MetaTrader 5, is cracking down on several prop trading firms such as Ftmo, the5ers, etc., and forcing many brokers to terminate their services (if these firms donot comply).

This decision has had anegative impact on most prop traders in the US. There is fear of losing money amongst traders and thoughts on the safe way to go, asearch for asafe haven. (And fortunately, there is asolution; not all prop firms in the industry have been affected or will be affected by MetaQuotes’ latest policy).

In today’s blog post, Iwill reveal one of the prop firms that will never be affected by MetaQuotes policies or US regulations and why. The one prop firm that is safe and reliable for US clients:

RebelsFunding.

RebelsFunding is aprop firm that offers unique trading programs for forex traders. They provide traders with training accounts that they can use to trade and earn commission without the risk of losing their own funds. They also offer avariety of funding options for all types of traders, from beginners to professionals.

Why is RebelsFunding safe for US traders, why is it one of the best options for US prop traders:

RebelsFunding does not utilise MetaQuotes trading platforms, does not partner with any US broker

RebelsFunding does not rely on MetaTrader platforms, which are subject to MetaQuotes’ policies and restrictions. The firm has an in-house trading platform, the RF-Trader.

Integrated with TradingView chart, the trading platform is modern, user-friendly, and has advanced risk management tools to help you take calculated trading decisions and succeed. It supports all trading styles. You get access to your favourite indicators. You can trade assets such as Forex, indices, crypto, etc. The RF-Trader has low spreads and very fast execution.

Regulatory laws in the US has no influence over RebelsFunding and it’s operations

RebelsFunding is based in Slovakia and regulated by EU laws. Thus, government policies in the US has no impact on its operations. This also makes the firm stable and reliable.

It has cheap & affordable evaluation programs

RebelsFunding has some of the most affordable programs in the industry. You can get afunded account for as low as $25.

No time limit

RebelsFunding does not impose any time restrictions on prop traders. You can trade at your own pace and complete the training programs whenever you want.

High profit split

RebelsFunding pays up to 90% of the profits to traders, depending on the program they choose. At RF, you donot have to worry about losing money.

Fast withdrawal processing time

RebelsFunding processes payouts without any delays or hassles. You can request your profits and receive them within 16 hours on average or less. At RF, you can withdraw your profits twice in amonth, with aminimum withdrawal limit of $50 and NO maximum withdrawal limit.

The company allows you to withdraw your profits via various methods, such as bank, crypto, Wise Rise, etc.

Friendly, helpful support and community

RebelsFunding provides 24/7 customer support, real people on the end of queries. They also have an active Discord community, where traders can share their experiences, tips, and strategies.

RebelsFunding is one of the few prop firms that currently accepts US clients and offer them agreat opportunity to trade forex with capital up to 640,000 USD. They have ahigh trust rating on Trustpilot and amazing prop trading review. They also organize regular free trading competitions, where traders can win funded accounts and even cash bonuses.

If you are interested in joining RebelsFunding, you can start with afree trial, where you can test their platform and services. You can also get up to 200% of your purchase fee, back, if you purchase and pass their evaluation program.

MetaQuotes Ban: 1 Prop Firm that Accepts US Clients (2024)

FAQs

Why is MetaQuotes removing US clients? ›

The MetaQuotes move indicates that the company is very cautious when it comes to offering services using its platform to US clients. The two MetaTrader apps were banned on Apple's App Store in 2022 for their alleged use by fraudsters targeting the US citizens and residents.

Which prop firm accepts US clients? ›

As one of the biggest prop trading firms, Funding Traders offers institutional-level resources for all US clients, including: Zero Commission Challenge Accounts. Funded Accounts Up To $200K. Competitive FX Leverage Up To 1:100.

Why is MetaTrader removing prop firms? ›

Their main concern seems to be keeping US based traders off of their platform, if used by a broker not licensed in the US. With many prop firms not so careful at avoiding deep pocketed US based clients, this move by MetaQuotes was inevitable.

Why are brokers leaving MetaQuotes? ›

The decision to halt White Label services aligns with MetaQuotes' move towards greater regulatory compliance. The implication is clear: MetaQuotes is striving to become a more regulated platform, favoring partnerships with thoroughly regulated trading platforms.

Is MetaQuotes a Russian company? ›

MetaQuotes Software Corporation was established in 2000 in Russia with the launch of FX Charts, an online charting package used for margin FX trading. It became popular with traders as it could be run on a Windows PC and did not require dedicated and expensive equipment.

Who is the owner of MetaQuotes? ›

Who is the founder of MetaQuotes Software? Renat Fatkhullin is the founder of MetaQuotes Software.

What is the most trusted prop firm? ›

Our top picks meet these criteria.
  1. Best Futures Prop Firm: Apex Trader Funding. ...
  2. Best Choice for Funded Futures Trading: Earn2Trade. ...
  3. Best for Experienced Traders: FXIFY. ...
  4. Best Stock Trading Prop Firm: Trade the Pool. ...
  5. Best for Forex, Indices and Metal Traders: The 5%ers.
Aug 6, 2024

What prop firm pays out the fastest? ›

Best Prop Firm Payouts. FunderPro has the fastest prop firm payouts, you can claim uncapped daily payouts. Also, they are 100% guaranteed because your trade with real funds!

Which prop firm is better than FTMo? ›

Yes, there are many sites offering similar services to FTMO. These include FunderPro, SabioTrade, the5ers and many more. If you are looking for an alternative to FTMO, FunderPro is currently rank as the number one on the list of top Forex Prop Firms.

Will MetaTrader come back? ›

Trading platforms MetaTrader 4 and MetaTrader 5 (known respectively as MT4 and MT5) have officially been reinstated on Apple's App Store and are once again available for download having previously been removed from the app store in mid-September 2023.

Why are prop firms being shut down? ›

The Prop Trading Problem: Virtual Trading

1. No trades placed by funded traders reach the real market, meaning traders never generate real profits. 2. Firms could potentially manipulate the market to make traders fail their challenges.

Is MetaTrader 4 allowed in the USA? ›

We found that US traders are offered four different platforms to trade from. This includes MetaTrader 4, the fully customizable OANDA Trade web and desktop platform and trading app.

What are alternatives to MetaQuotes? ›

MetaQuotes competitors and alternatives
  • NinjaTrader. Online trading software. ...
  • Currenex. Institutional forex trading platform. ...
  • Leverate. Technological solutions provider for FX CFD brokerages. ...
  • Digital Vega. FX Options trading platform. ...
  • CQG. ...
  • TechFinancials. ...
  • Boston Technologies. ...
  • MonFX.
Aug 12, 2024

Which prop firms still allow MT4? ›

Who's Operating and Who's Out? Finance Magnate's Prop Firms Table
Prop FirmOpen for BusinessAvailable Platforms
FXIFYYESMT4, MT5
For TradersYESMT4, MT5, DXTrade (migrating)
Glow NodeYESMT4, MT5, Match-Trader
Goat Funded TraderYESMT4, MT5, cTrader, DxTrade
46 more rows
Feb 22, 2024

Is MetaTrader and MetaQuotes the same? ›

MetaQuotes founded in Russia in 2000, released MetaTrader 4 (MT4) in 2005, and soon became the predominant trading platform in use by FX Retail brokers and their clients worldwide.

Why are prop firms leaving the US? ›

In recent months, several prominent proprietary trading firms have gone out of business. This wave of closures began when regulatory authorities in the US and Canada froze My Forex Funds, a major player in the industry. Following this, True Forex Funds, Surge Trader, and Skilled Funded Traders all shut down.

What has happened to MetaTrader? ›

MetaTrader iOS – the MT4 and MT5 apps – have been removed from the App Store. The trading platform's desktop version is still available to download and the Google Play version hasn't been affected.

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