If you're a prop trader, chances are you’ve either heard of MetaTrader 5 (MT5) or you’re already knee-deep in using it. MT5 is the bread and butter of trading platforms for a reason—it’s fast, packed with features, and customizable enough to make even the pickiest traders happy. But if you really want to get the most out of it then you’ve got to do two things right: download it properly and sync it up with a solid VPS.
Sounds simple but there are a few tricks of the trade that can make a huge difference in how smooth your experience is—especially in the high-stakes world of prop trading where execution speed and uptime are everything.
So let’s discuss how to properly download and install MT5.
Why MT5 Is the Go-To Platform for Prop Traders
- Multi-asset support – Unlike its older sibling MT4, MT5 isn’t just for forex. You can trade CFDs, futures, stocks—you name it.
- Lightning-fast order execution – Which matters a lot when you’re dealing with strict prop firm rules and tight deadlines.
- Advanced tools – From built-in economic calendars to Depth of Market (DOM), MT5 just has more muscle.
- Customizability – Scripts, Expert Advisors (EAs), indicators—MT5 supports them all.
How to Properly Download and Install MetaTrader 5
You’d think downloading MT5 is as easy as Googling and hitting MT5 Download but where you get it from matters.
Download from Your Prop Firm’s Broker (if possible)
A lot of prop firms work with specific brokers, and those brokers often offer their own branded version of MT5. Why does that matter? Because it comes preconfigured with the server settings you need to connect to your funded account.
So, step one: log into your prop firm’s dashboard and see if they link you to a specific broker or MT5 download file. If they do—use that.
Downloading from MetaQuotes (if needed)
If you're just testing strategies or setting things up for demo trading, you can grab the platform directly from MetaQuotes’ website.
Here’s how:
- Go to the official MetaTrader 5 site.
- Click “Download for Windows” (or Mac/Linux if you’re tech-savvy and know how to handle compatibility quirks).
- Once downloaded, run the installer.
- Follow the prompts—it’s pretty painless.
Pro Tip: If you’re planning on installing multiple instances of MT5 (say, one for live, one for demo, one for testing EAs), run the installer again and choose a different directory. That way, you don’t overwrite your original install.
Setting Up MT5 After Installation
After installing, MT5 will ask you to log in. You’ll need:
- Your account number
- Password
- Server name
If you’re trading for a prop firm, these should be emailed to you after you pass the challenge or get funded. If you're testing a demo, just create a demo account right inside the platform.
Now, once you’re in, spend a few minutes customizing your charts and templates—or import a custom template if you have one. It’ll save you loads of time every time you open MT5.
Why a VPS Matters for Prop Traders
If you’re not using a VPS (Virtual Private Server) for trading yet, you’re leaving money—and possibly your funded account—on the table.
Here’s why:
- 24/7 uptime – Your trades, scripts, and bots keep running even when your laptop is off or your internet drops.
- Faster execution – Many VPS providers are located near your broker’s servers, so your orders hit the market faster.
- Security – A good VPS is secure and stable, which is crucial when trading big money under tight rules.
- Remote access – Check your trades from your phone, tablet, or grandma’s old PC. Doesn’t matter—you’re always connected.
Choosing a VPS Provider: What to Look For
Not all VPS providers are created equal, especially when you’re trading for a prop firm and milliseconds can make or break a trade.
Here’s what to look for:
Low latency
Your VPS should be physically close to your broker’s data center. Some prop firms even tell you the ideal server location (like New York, London, etc.).
Solid uptime guarantee
Look for 99.9% uptime or better. Anything less and you’re asking for trouble.
Pre-installed MT5 options
Some VPS services come with MT5 pre-installed and optimized for trading. This can save you time and make setup easier.
Scalability
Can you upgrade your resources (RAM, CPU) if you need more juice for multiple EAs or terminals? Handy if you’re managing multiple funded accounts.
Support
24/7 live chat or ticket support is a must. If your VPS goes down in the middle of a trade, you don’t want to be stuck waiting until Monday morning.
Syncing MT5 with a VPS: Step-by-Step
Here’s how you do it:
Step 1: Get VPS Login Details
Once you sign up with a VPS provider, they’ll email you a login IP, username (usually “Administrator”), and password.
Step 2: Connect via Remote Desktop (RDP)
On Windows:
- Hit Windows key + R, type mstsc, hit Enter.
- Paste in the VPS IP address.
- Enter the login credentials from the VPS provider.
On Mac:
- Use Microsoft’s free Remote Desktop app (available on the App Store).
- Same process—IP, username, password.
Now you’re inside the VPS which works like a regular Windows desktop.
Step 3: Download MT5 on Your VPS
Inside the VPS, open a browser and repeat the MT5 download process—either from MetaQuotes or your prop firm’s broker.
Install it the same way you did on your main computer.
Step 4: Set Up Your Trading Environment
- Login with your funded account credentials.
- Load any custom indicators, EAs, or templates (upload them from your computer or cloud drive).
- Set up your workspace just how you like it.
Step 5: Test Before You Rely on It
Don’t just assume it’s working—test it. Run an EA. Manually open and close a trade. Watch for lag. Make sure it’s behaving exactly like your local version.