Blueberry Funded Migrates from MT4 to MetaTrader 5

Due to MetaTrader licensing changes affecting the prop trading industry, Blueberry Funded has migrated their MT4 environment to MetaTrader 5 (MT5).

Why the Migration?

The migration is driven by industry-wide MetaTrader licensing changes. MetaQuotes, the developer of MT4 and MT5, has been tightening compliance requirements for how their platforms are used in the prop trading space. MetaQuotes has been actively discouraging new MT4 white-label licenses and pushing the industry toward MT5 as the standard going forward.

This has forced many firms — including Blueberry Funded — to make the switch. As a broker-backed firm connected to Blueberry Markets, standardizing on MT5 aligns with their parent broker's infrastructure and ensures continued compliance with MetaQuotes licensing terms.

What This Means for Traders

If you were trading on MT4 with Blueberry Funded:

• Your account will be migrated to MT5
• All account balances, challenge progress, and funded status are preserved
• You will need to download the MT5 platform and use your new login credentials
• Custom MT4 indicators and EAs will need to be converted to MQL5 (MT5's scripting language)

MT5 Advantages Over MT4

For traders who have been on MT4 for years, the upgrade brings significant improvements:

• 21 timeframes (vs. MT4's 9 timeframes)
• More order types including Buy Stop Limit and Sell Stop Limit
• Built-in economic calendar integrated directly into the platform
• Depth of Market (DOM) for better price transparency
• MQL5 scripting — significantly more powerful than MQL4 for algorithmic traders
• Multi-threaded strategy tester for faster backtesting
• Improved charting with unlimited charts and enhanced object handling

Our Take

This migration follows a clear industry trend. With MetaQuotes tightening licensing and actively pushing firms toward MT5, Blueberry Funded is making the pragmatic choice to consolidate early rather than face a forced migration later. For traders, MT5 is objectively the superior platform compared to MT4, so this is ultimately a net positive — the main inconvenience is the one-time migration process and any EA/indicator conversions needed.