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Which Prop Firms Allow EAs and Bots? Bot-Friendly Firm Guide

March 23, 20268 min read4 views

Which Prop Firms Allow EAs and Bots?

Automated trading is a core strategy for many serious traders, but most prop firms have strict, sometimes ambiguous rules about expert advisors (EAs) and bots. If you want to use your own algorithms, picking the wrong firm can mean getting your account flagged, profits withheld, or even being banned after months of trading.

This guide gives you the precise, up-to-date details on which top prop firms allow EAs and bots, including FTMO, E8 Markets, FundedNext, The5ers, and MyFundedFX. We'll cover not just the rules, but the real trade-offs you need to know before risking your time and money as an algo trader.

Prop Firm EA/Bot Policy Comparison

Firm Allows EAs? Drawdown / Daily Profit Target Profit Split Account Sizes Leverage Challenge Cost News Trading Weekend Holding Min Trading Days Scaling
FTMO Yes 10% / 5% 10% 80/20 → 90/10 $10K–$200K 1:100 $155–$1,080 Yes Yes 4 Up to $2M
E8 Markets Yes 8% / 5% 8% 80/20 $5K–$250K 1:50 $48–$988 Yes No 5 Up to $250K, growth with performance
FundedNext Yes 10% / 5% 10% 80/20 → 90/10 $6K–$200K 1:100 $59–$999 Yes Yes 5 Up to $4M
The5ers No 6% / 3% 6% 50/50 → 100% $6K–$100K 1:30 $95–$875 No No 3 Up to $4M
MyFundedFX Yes 8% / 5% 8% 80/20 → 92.75% $5K–$300K 1:100 $49–$1,499 Yes Yes 3 Up to $600K

Key Takeaways for EA/Bot Traders

Summary:
  • FTMO, E8 Markets, FundedNext, MyFundedFX all allow EAs/bots with clear rules.
  • The5ers does not allow EAs or automated trading — avoid if you are an algo trader.
  • Major differences exist in drawdown, profit targets, leverage, and scaling. These impact bot strategies far more than manual ones.

FTMO: Industry Standard for Algo Traders?

FTMO is arguably the most recognized prop firm globally. They explicitly allow EAs and automated strategies, provided they are not "copy-trading" or exploiting technical loopholes (arbitrage, latency, etc.).

  • Drawdown: 10% max, 5% daily (e.g., $5,000/day for a $100K account)
  • Profit Target: 10%
  • Profit Split: Starts 80/20, scales to 90/10
  • Leverage: 1:100
  • Account Sizes: $10K–$200K, scale to $2M
  • Challenge Cost: $155–$1,080
  • News Trading: Allowed (with swing trading restrictions during major news)
  • Weekend Holding: Allowed
  • Min Trading Days: 4

FTMO's clear rules and transparency make it a top pick for algo traders. However, the 10% profit target (over 30 days in Phase 1) is demanding for most EAs, especially those built for low volatility or mean reversion. The strict 5% daily drawdown can also trip up high-frequency or grid-based bots.

On the plus side, FTMO offers risk tools and a scaling plan up to $2M, with the profit split improving to 90/10 for consistent performance. Their reputation means less risk of sudden rule changes or payout issues.

Best For: Traders with a robust, well-tested EA who want industry-leading stability, high leverage, and potential for large capital scale-up. Be ready for a tough evaluation and manage daily drawdown tightly.

E8 Markets: Lower Barriers, Unlimited Time

E8 Markets also welcomes EAs, with a few unique twists. They offer unlimited time to complete both challenge phases, which is a huge benefit for slower, more conservative bots that may struggle with short deadlines elsewhere.

  • Drawdown: 8% max, 5% daily
  • Profit Target: 8%
  • Profit Split: 80/20
  • Leverage: 1:50
  • Account Sizes: $5K–$250K
  • Challenge Cost: $48–$988
  • News Trading: Allowed
  • Weekend Holding: Not allowed
  • Min Trading Days: 5

The lower 8% profit target and unlimited time frame are major advantages if your bot isn't designed for aggressive growth. However, the 8% max drawdown and 5% daily drawdown are tighter than FTMO or FundedNext. Leverage is also lower at 1:50, which can limit certain strategies (e.g., martingale, grid) that rely on higher margin.

Weekend holding is not allowed, so if your EA keeps trades open over weekends, you'll need to adapt or avoid E8. The profit split is fixed at 80/20, with no scaling to higher percentages.

Best For: EA traders running lower-risk, swing, or steady-growth bots who need more time and lower challenge costs. Not ideal if you rely on high leverage or holding trades over weekends.

FundedNext: Highest Scaling Potential (With Strings)

FundedNext is another EA-friendly firm, with the added bonus of up to $4M in scaling potential. Their rules are similar to FTMO's, with a 10% profit target and 10% max drawdown. They also allow EAs, news trading, and weekend holding.

  • Drawdown: 10% max, 5% daily
  • Profit Target: 10%
  • Profit Split: 80/20, can reach 90/10
  • Leverage: 1:100
  • Account Sizes: $6K–$200K, scale to $4M
  • Challenge Cost: $59–$999
  • News Trading: Allowed
  • Weekend Holding: Allowed
  • Min Trading Days: 5

Unique to FundedNext, you can earn a 15% profit share during the challenge itself — but only if you pass and qualify for a funded account, and there are conditions attached. The scaling plan is one of the most aggressive, but actual scaling depends on consistent profitability and compliance with all rules.

There are some downsides: FundedNext is newer than FTMO and has a less proven track record. Some rules (especially around scaling and payouts) are more complex, and withdrawal minimums apply. Customer support can be slow during peak times.

Best For: Algo traders aiming for maximum scaling and flexible bot strategies. Be sure to read the fine print on scaling and profit payouts, and be prepared for a slightly steeper learning curve in rules.

MyFundedFX: Highest Profit Split, Most Flexible Plans

MyFundedFX is a relative newcomer but has quickly gained traction among EA traders thanks to its flexible challenge formats and high potential profit splits, up to 92.75%.

  • Drawdown: 8% max, 5% daily (some plans tighter)
  • Profit Target: 8%
  • Profit Split: 80/20 up to 92.75%
  • Leverage: 1:100
  • Account Sizes: $5K–$300K, scale to $600K
  • Challenge Cost: $49–$1,499
  • News Trading: Allowed
  • Weekend Holding: Allowed
  • Min Trading Days: 3

MyFundedFX offers 1-step, 2-step, and 3-step challenges, with rules and drawdown limits varying by plan. All plans allow EAs and bots, making it one of the most bot-friendly firms on paper. Unlimited trading period is another plus for slow-and-steady bots.

But: scaling is limited to $600K (lower than FTMO or FundedNext), and the firm is newer, so reputation and consistency are not as established. Some plans have tighter drawdown rules than advertised, and customer support can be slow during busy periods.

Best For: Algo traders looking for flexibility, high profit splits, and a low barrier to entry. Double-check your chosen plan's specific rules before starting.

The5ers: Not Bot-Friendly

The5ers explicitly does not allow EAs or automated trading in any form. Their rules state all trading must be manual. Even semi-automated or signal-based entries can result in disqualification.

  • Drawdown: 6% max, 3% daily
  • Profit Target: 6%
  • Profit Split: 50/50, scales to 100%
  • Leverage: 1:30
  • Account Sizes: $6K–$100K, scale to $4M
  • Instruments: Forex, Metals, Indices
  • Challenge Cost: $95–$875
  • News Trading: Not allowed
  • Weekend Holding: Not allowed
  • Min Trading Days: 3

While The5ers offers some of the lowest profit targets and instant funding, the inability to use EAs is a dealbreaker for automation-focused traders. Even if you try to "disguise" your EA, their monitoring is strict and violations can result in instant ban and loss of fees.

Warning: If you use any form of automated or algorithmic trading, do not choose The5ers. Their rules are clear and enforcement is strict.

Non-Obvious Trade-Offs for EA Traders

On paper, FTMO, E8 Markets, FundedNext, and MyFundedFX all allow EAs. But the real-world experience for bot traders is shaped by specific rules, risk parameters, and sometimes unwritten enforcement policies. Here are the crucial, often overlooked issues:

  • Drawdown Mechanics: Tight daily drawdown (e.g., 5% at FTMO, E8, FundedNext, MyFundedFX) means a single bad day wipes out your account, even if you're profitable overall. EAs with high variance or grid/martingale logic are especially at risk.
  • Profit Target vs. Time Limit: Unlimited trading periods (E8, MyFundedFX) are a huge edge for slow, conservative EAs. Firms with 30-day limits (FTMO, FundedNext) may force you to overtrade or increase risk to hit targets.
  • Profit Split Reality: While MyFundedFX advertises up to 92.75%, most traders will see 80–85% in practice, unless scaling milestones are consistently hit.
  • Leverage Impact: Lower leverage (E8: 1:50, The5ers: 1:30) restricts strategies that rely on pyramiding or high margin usage. For some bots, this is a hard limit.
  • Weekend Holding: No weekend holding (E8, The5ers) can break some swing or carry-trade EAs. Always check if your bot closes all trades by Friday close.
  • Hidden "Fair Use" Policies: All firms reserve the right to ban "toxic flow," arbitrage, or latency exploitation. Even if your EA is technically compliant, if it triggers risk flags, you may be reviewed or banned. Monitor your bot's behavior and avoid highly aggressive/abusive strategies.
Actionable Tip: Use the PropSurvivalEngine calculator to simulate your EA's risk profile against each firm's drawdown and profit target rules before taking a challenge.

Which Firm Is Best for Your EA?

There's no universal answer. The "best" prop firm for EA trading depends on your bot's risk profile, trade frequency, average drawdown, and how it handles news or weekends. Here are scenarios to help you decide:

  • High-Frequency or High-Variance EAs: FTMO or FundedNext, thanks to 10% max drawdown and 1:100 leverage. Be wary of daily drawdown limits.
  • Conservative, Slow-Growth Bots: E8 Markets or MyFundedFX, as their unlimited time frames let you pass challenges at your bot's natural pace.
  • Maximum Scaling Ambition: FundedNext (up to $4M), FTMO ($2M), or The5ers ($4M, but manual only).
  • Lowest Cost Entry: E8 Markets and MyFundedFX offer challenges starting under $50, but beware of plan-specific rules.
  • Highest Profit Split: MyFundedFX (up to 92.75%), but only after scaling milestones.

For a side-by-side deep dive, try the PropSurvivalEngine comparison tool — you can filter by EA-allowed firms and see live health grades.

Bottom Line: Which Prop Firms Allow EAs and Bots?

Recommendation: If you run EAs or bots, avoid The5ers entirely. For most algo traders, FTMO is the gold standard for stability, scaling, and clear rules — but be ready for a tough challenge. FundedNext is best for those aiming for massive scaling, while E8 Markets and MyFundedFX are better for conservative bots needing unlimited time or higher profit shares.

No prop firm is truly "set and forget" for EAs. Read the fine print, understand the trade-offs, and use PropSurvivalEngine's tools to test your strategy before committing. The right choice depends on your EA's personality — and your appetite for risk, complexity, and scale.

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