USE CASE GUIDE
MT5 Grey Label for Prop Trading Firms
Challenge accounts, risk monitoring, and funded-trader payouts — running a prop firm on a MetaTrader 5 (MT5) grey label instead of a full white label.
Challenge accounts, risk monitoring, and funded-trader payouts — running a prop firm on a MetaTrader 5 (MT5) grey label instead of a full white label.
A prop trading firm's core product is the challenge and funding model — not the MT5 server itself. Running that model on a grey label lets a new prop firm launch without the capital outlay of an independent MT5 license, while still branding the platform and controlling the challenge rules.
No independent MT5 server license means more of your starting capital goes toward marketing and trader payouts instead of infrastructure.
The same 2–4 week timeline that applies to a retail grey label applies here — you're testing your challenge model and acquisition funnel sooner.
Your challenge pricing, branding, and rules are entirely yours — the shared infrastructure underneath is invisible to your traders.
Profit targets, drawdown rules, and lot-size limits are set in the prop CRM layer, not the MT5 server itself — fully customizable to your funding model.
The CRM watches account performance via the Manager API and automatically flags or closes accounts that breach drawdown rules — no manual monitoring required.
Passed accounts move to funded status and scale automatically based on your rules, with payout processing handled through the same CRM. See the full breakdown on our Prop Firm CRM page.
Yes. A grey label gives a prop firm a branded MT5 platform without the cost of an independent server license — the same challenge, risk-monitoring, and payout logic used by a full white label prop setup runs on top of it via the CRM.
Profit targets, drawdown limits, and lot-size rules are configured and enforced through the prop CRM layer, which monitors MT5 accounts in real time via the Manager API and automatically passes, fails, or scales accounts based on your rules.
Yes, for the same reason it's cheaper for a retail brokerage — no independent MT5 server license is required, which is the largest cost component of a full white label setup.
See the full technology breakdown in our Technology Stack guide.
Is it legal? Regulation, vs Introducing Broker, risks, and what's in the contract.
Read the GuideCRM, liquidity, server, terminals, and mobile app — how the infrastructure works.
Read the GuideRevenue share, affiliate/sub-IB structures, and setup requirements before you launch.
Read the GuideSetup fees, recurring costs, and how it compares to a full white label.
Read the GuidePairing your grey label with BVI, Mauritius, or Comoros — compared side by side.
Read the Guide7 avoidable mistakes new grey label brokers make, and how to skip them.
Read the GuideGrey label MT5 plus a full prop CRM — challenge accounts, risk rules, and payouts, ready in weeks.
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