Best Prop Firms for Match Trader

Why Match Trader matters when choosing a prop firm

Match Trader is a trading platform built for brokers and prop firms. It runs in a browser and on mobile, with charting, order entry and account details in one interface, and its developer also supplies technology that prop firms use to run challenges and trader dashboards. A number of firms added it when MetaTrader became harder to offer, and it is often available alongside other platforms. The firms listed above offer Match Trader on at least one program.

Who this suits

Match Trader suits discretionary traders who want a simple, browser based platform with nothing to install, traders who switch between desktop and mobile during the day, and traders who are comfortable with standard order types and charting. It suits traders who value a clean layout over deep customisation, and traders new to prop firms who want the platform to stay out of the way while they learn the rules.

The trade offs

Match Trader has fewer tools for automated trading and custom indicators than MetaTrader or cTrader, which limits traders who rely on Expert Advisors or coded strategies. Its charting covers the usual indicators and drawing tools but offers less depth than a dedicated charting platform, so some traders analyse elsewhere and use Match Trader only to place orders. As a web platform, it depends on a stable browser and connection. Trading costs and instruments depend on the liquidity arrangements behind each firm, so two firms on Match Trader can offer quite different spreads, commissions and symbol lists.

What to check before you buy

• Program and country availability. Confirm that Match Trader is offered on the program you want and where you live.
• Automation rules. If you use any automated tools, check what the firm allows and what the platform supports.
• Costs. Check spreads, commissions and swap charges on the instruments you trade.
• Daily reset time. Find out when the daily loss limit resets and which time zone applies.
• Weekend and news rules. Confirm whether positions can be held over the weekend and whether trading around major economic releases is restricted.
• Platform switching. Check whether you can move to another platform later without buying a new account.

How to compare the firms listed

With the platform the same across the list, compare the rules and costs around it. Put each program's profit target, daily loss limit and maximum loss side by side, and note whether drawdown is static or trailing. Compare spreads and commissions on the instruments you trade, then look at the price per $1,000 of account size. Finish with the payout terms: first payout timing, payout frequency, profit split and any consistency rule. Because the platform runs in a browser, also check how each firm handles open trades during a platform outage and how it deals with disputed fills. Each firm's profile lists its platforms and programs, and the comparison table can be filtered by platform.

The forex and CFD hub lists every forex and CFD firm on the site, and how prop firm challenges work covers the evaluation process for traders new to prop firms. Traders deciding between platforms can also compare firms offering MT5, TradeLocker and cTrader.