Two More Prop Firms Open CFD Brokerage in Saint Lucia to Offer MetaTrader 5

MetaTrader undoubtedly
remains the dominant platform among retail traders. This is perfectly
illustrated by the efforts of prop firms which, after more than a year’s hiatus
from offering the popular MT5, are once again adding it to their offerings.

How is this
possible? The answer lies in obtaining their own licenses to operate CFD
brokerages, which Saint Lucia is very eager to distribute. This small island
has become one of the most popular destinations in recent months for companies
seeking cheap and easy-to-obtain regulatory authorizations.

Blue Guardian and Maven
Again Offer MetaTrader Thanks to Their Own Brokers

Blue
Guardian was the first to announce the return of MetaTrader 5 to their
offering, sharing this information at the end of April.

“We
brought Metatrader 5 back with our own license and server,” they posted on
X. “Now you can enjoy your favorite trading platform at Blue
Guardian.”

According
to information on the prop firm’s website, the “own license” was
obtained by Blue Guardian Limited, registered in Saint Lucia (company number
2024-00647).

A few days
later, Maven presented a similar update to their clients, having launched Maven
Trade Ltd (company number 2025-00242) on the same island.

“MetaTrader
5 is back at Maven and it’s fully licensed. What does that mean? Well, it means
no sudden stops to service,” the company wrote on social media.

For both
companies, this marks a grand return of the popular MT5 after many long months
of absence.

Over a Year Without
MetaTrader

In February
2024, MetaQuotes Software created significant chaos in the prop trading
industry
, which led to blocking offerings to clients from the United States and
removing MetaTrader platforms from their offerings.

MetaQuotes
disliked, among other things, “grey labeling” – the use of platforms
without a direct license, instead using the licenses of broker-partners. This
problem affected both Maven Prop Trading and Blue Guardian, as
FinanceMagnates.com reported over a year ago
.

In the
meantime, prop firms began offering alternative platforms, with Blue Guardian
focusing on options including DXtrade
. However, MetaTrader is MetaTrader, and
when the opportunity arose to offer it again, prop firms decided to take
advantage of it.

Saint Lucia to the Rescue
of Props

In recent
months, this island nation of 168,000 inhabitants located in Central America on
the Caribbean Sea has become home to a growing number of prop firms looking for
cheap, easy-to-obtain licenses that allow them to offer platforms from
MetaQuotes once again.

Many other
companies have taken similar steps recently. Among them is Goat Funded Trader,
which also offered access to MT5 with this move.

Previously,
Wall Street Funded and Instant Funding opted for similar regulatory strategies,
announcing the launch of their own CFD brokerages.

Besides
Saint Lucia, the Comoros, a small island in East Africa, has also become a
popular destination recently. FundingPips registered their broker there, and
Hola Prime operates in the same jurisdiction.

MetaTrader undoubtedly
remains the dominant platform among retail traders. This is perfectly
illustrated by the efforts of prop firms which, after more than a year’s hiatus
from offering the popular MT5, are once again adding it to their offerings.

How is this
possible? The answer lies in obtaining their own licenses to operate CFD
brokerages, which Saint Lucia is very eager to distribute. This small island
has become one of the most popular destinations in recent months for companies
seeking cheap and easy-to-obtain regulatory authorizations.

Blue Guardian and Maven
Again Offer MetaTrader Thanks to Their Own Brokers

Blue
Guardian was the first to announce the return of MetaTrader 5 to their
offering, sharing this information at the end of April.

“We
brought Metatrader 5 back with our own license and server,” they posted on
X. “Now you can enjoy your favorite trading platform at Blue
Guardian.”

According
to information on the prop firm’s website, the “own license” was
obtained by Blue Guardian Limited, registered in Saint Lucia (company number
2024-00647).

A few days
later, Maven presented a similar update to their clients, having launched Maven
Trade Ltd (company number 2025-00242) on the same island.

“MetaTrader
5 is back at Maven and it’s fully licensed. What does that mean? Well, it means
no sudden stops to service,” the company wrote on social media.

For both
companies, this marks a grand return of the popular MT5 after many long months
of absence.

Over a Year Without
MetaTrader

In February
2024, MetaQuotes Software created significant chaos in the prop trading
industry
, which led to blocking offerings to clients from the United States and
removing MetaTrader platforms from their offerings.

MetaQuotes
disliked, among other things, “grey labeling” – the use of platforms
without a direct license, instead using the licenses of broker-partners. This
problem affected both Maven Prop Trading and Blue Guardian, as
FinanceMagnates.com reported over a year ago
.

In the
meantime, prop firms began offering alternative platforms, with Blue Guardian
focusing on options including DXtrade
. However, MetaTrader is MetaTrader, and
when the opportunity arose to offer it again, prop firms decided to take
advantage of it.

Saint Lucia to the Rescue
of Props

In recent
months, this island nation of 168,000 inhabitants located in Central America on
the Caribbean Sea has become home to a growing number of prop firms looking for
cheap, easy-to-obtain licenses that allow them to offer platforms from
MetaQuotes once again.

Many other
companies have taken similar steps recently. Among them is Goat Funded Trader,
which also offered access to MT5 with this move.

Previously,
Wall Street Funded and Instant Funding opted for similar regulatory strategies,
announcing the launch of their own CFD brokerages.

Besides
Saint Lucia, the Comoros, a small island in East Africa, has also become a
popular destination recently. FundingPips registered their broker there, and
Hola Prime operates in the same jurisdiction.

This post is originally published on FINANCEMAGNATES.

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