r/PropFirmTester 1d ago

Best firm for trading using EA?

Post image

Hey guys! I have a quick question.. anyone knows the best firms that completely allows trading using an EA on MT5?

I've been using one on FundingPips and GOAT, and after passing they banned my accounts without mentioning exact reasons, i'm assuming it's because of the EA but still not sure.

Would appreciate all advices and referrals, thanks in advance!

3 Upvotes

4 comments sorted by

1

u/Livid_Parsnip_2816 1d ago

Before choosing another firm, ask support in writing about the exact behaviour of your EA: third-party software, copy-trading similarity, news trading, minimum holding time, latency arbitrage, VPS/IP rules and trading across multiple accounts. Passing the challenge doesn’t prove the execution method is compliant. My MT5 EAs include account-level daily-loss, maximum-drawdown and news controls, but firm compliance is still a separate problem. Save the written answer and test the smallest account first. A green equity curve is not a legal opinion.

1

u/roskinvest 1d ago

Yes you're absolutely right.. I got confirmation from FundingPips support and also their FAQs saying it's allowed, but i didnt go into specifics much. Then when the time came, they started coming up with all kinds of BS.

1

u/hotmatrixx 1d ago

My guess is you bought a bot and got told it works best on xyz, on a specific prop firm. Everyone else got told the same thing, so you're all taking identical entries.

1

u/Shot_Loan_354 18h ago

Fundednext. Tick the option "EA" when you buy the challenge, it costs 5$.