If you trade with a prop shop, odds are that MetaTrader 5 is your environment. MT5 is powerful, versatile, and feature-rich—but let’s face it, it ain’t perfect. Eventually, we’ve all encountered those irritating errors from MT5, which tend to occur precisely at the most inconvenient moments. Perhaps you are attempting to open a trade during the opening of the London session, or perhaps you are working with drawdown conditions, and suddenly. Well, you get the idea.
The bright side is that most errors on MT5 are simple errors that are common knowledge and can be resolved if you understand what is happening in the background process. In this guide, I will walk you through common errors in MetaTrader 5 for prop traders and ways on how these errors can be solved without sounding too technical or boring.
“Trade Disabled” or “AutoTrading disabled
This one brings about panic immediately, especially during tricky sessions.
Why It Happens
Auto Trading is turned off in MT5
Your prop firm limits automated trading on that account
Expert Advisors (EAs) are not permitted during evaluations
How to fix it
First, check the top toolbar. If the button for AutoTrading is red, click on it to make the button green. This should solve the problem for most traders.
If you’re using an EA:
Go: Tools > Options > Expert Advisors
Check “Allow algorithmic trading”
Still not working? That’s when you refer to your prop firm’s policies. Some prop firms disable EAs on their systems or do not enable their use on funded accounts. This is not an MT5 problem.
Invalid Volume Error
Nothing is more frustrating than lining up a perfect trade and then clicking ‘Buy’ only to see that message.
Why It Happens
Lot size not compliant with brokerage permissible margin increments
Minimum or maximum lot size is violated
The best prop firm has non-standard contract sizes
How to correct it
Right-click the symbol on Market Watch > Specification. Check:
- Minimum Volume
- Maximum volume
- Volume step
If the step size is 0.10, for example, and you put 0.15, MT5 will reject that. It is that simple.
Prop traders will encounter this situation when transitioning from demo accounts to evaluation accounts, possibly due to different contract sizes — don’t assume your original lot values will remain the same.
Market Closed Error
This error is almost invariably seen at precisely the worst time, and it is usually at the end of Friday or when it is time for news.
Why It Happens
Market is actually closed (weekends, holidays)
Symbol Trading Hours are Limited
Prop firm prevents execution of trades during news occurrences
How to fix it
Please check the symbol trading times:
Right-click on the symbol → Specification → Trading hours
If the market is open, you can check the dashboard or the mail in the Prop Firm. Some Prop Firms turn off the market during high-impact news and rollovers.
PRO TIP: Make sure to familiarize yourself with the news trading policies of your brokerage firm. MT5 is not buggy—it’s enforcing the rules
“Off Quotes” or “Requote”
Such errors are mostly apparent when markets are moving at a fast rate.
Why it happens
Price Moved” prior to the actual execution of your trade
High Volatility (News, Market Openings)
Poor internet connection or VPS lag
How to fix it
If supported, toggle from Immediate Execution to Market Execution.
A slight widening of stop-loss and take-profit points is required
Enhance connection speed (VPS is of great assistance)
For a prop trader, execution speed is important. In fact, a cheap VPS with a lot of load can be worse than no VPS.
“Not Enough Money” (Even Though You Have Balance)
This one feels personal.
Why it happens
Margin requirements exceed expectations
A Comparison of Margin Requirements
You currently have open positions on margin
Leverage is lower on the prop account
How to correct it
Check:
- Leverage on the account (decreased by prop shops)
- Margin provided by existing positions
- Margin Requirements for Symbols
At this point, remember that having $100,000 in your props account doesn’t mean you have $100,000 in free margin at your disposal at all points in time. It is important to consider leverage.
Indicators Not Showing on the Chart
You put on the little indicator you like best…and nothing happens.
Why it happens
Indicator: Designed for MT4 – NOT MT5
Document written by a wrong file
Chart timeframe isn’t supported
How to correct it
First, check to see if the indicator is compatible with the MT5 platform. Using an MT4 indicator on the MT5 platform would render
Then:
Go to File -> Open Data Folder
Add indicators in MQL5 ⇒ Indicators
Restart MT5
If it still doesn’t appear, look at the Experts and Journal tabs for error messages. These will generally point out exactly where the issue is.
Expert Advisor Not Trading
This affects if you are using automation.
Why it happens
AutoTrading disabled
EA settings misconfigured
Prop firm prevents automated approaches
How to fix it
Open the settings of the EA and check:
- Allow live trading is enabled
- Inputs (lot size, risk %) comply with prop rules
Some prop houses permit EAs only if they don’t use:
- Marting
- BUIS-2
- Latency arbitrage
“If your EA breaks these rules, the MT5 may run, but the trade won’t be executed.”
Invalid Stops Error
This is more common during scalping and the use of smaller time frames.
Why it happens
- Stop-loss or take-profit is too close to price
- Broker to enforce minimum stop distance
How to correct it
It’s important to check the stop levels listed in the symbols specs. If the minimum stop levels are 10 points, you cannot enter a stop of 5 points at all, as the MT5 software will not allow it.
This becomes even more crucial for prop traders who scalp. This means that the stop distance rule should always form part of the strategy.
Platform Freezing or Crashing
There is nothing quite like seeing an MT5 freeze while in the middle
Why it happens
- Too many charts or indicators
- Low system memory
- Corrupt cache files
How to fix it
- Close unused charts
- Remove heavy MT5 indicators you don’t need
- Restart MT5 daily
If the problem re-emerges:
- Reinstall MT5
- Log in again using your prop firm credentials
It’s surprising just how many issues can be resolved with a clean installation.