Copying trades between multiple MetaTrader 5 accounts can be useful when the same trading activity needs to be synchronized across personal accounts, prop firm accounts, managed accounts or accounts held with different brokers.
An MT5 trade copier automates this process by monitoring trading activity on one MetaTrader 5 account and copying selected trades to one or more receiving MT5 accounts.
Local Trade Copier EA MT5© is designed for local MT5-to-MT5 trade copying between MetaTrader 5 terminals installed on the same Windows computer or Windows VPS. It can synchronize market trades, pending orders, Stop Loss and Take Profit levels, trade modifications and closures while allowing each receiver account to use its own lot sizing, filters, symbol mapping and risk-management settings.
To copy trades between MT5 accounts, install an MT5 trade copier in the MetaTrader 5 terminals used by the source and receiver accounts. Configure one MT5 terminal as the Transmitter and the other terminal or terminals as Receivers.
The transmitter monitors the original trading activity, while each receiver copies eligible trades according to its individual settings. Lot sizing, trade filters, symbol mapping and risk-management controls can then be configured separately for each receiving account.
A basic MT5-to-MT5 trade copier setup can be configured as follows:
Install two MetaTrader 5 terminals on the same Windows computer or Windows VPS.
Log into the source trading account in the first MT5 terminal. This is the account from which trades will be copied.
Log into the receiving trading account in the second MT5 terminal.
Install Local Trade Copier EA MT5© in both MetaTrader 5 terminals.
Configure the source account as the Transmitter so that its trading activity can be detected by the copier.
Configure the second account as the Receiver so that it can receive and copy eligible trades from the transmitter.
Configure the transmitter and receiver connection according to the required copying setup.
Choose the receiver's lot sizing and risk-management method. The receiving account does not need to use the same trade size as the transmitter.
Configure symbol mapping if necessary. This is particularly important when the two brokers use different names for the same instrument, such as EURUSD → EURUSD.a or XAUUSD → GOLD.
Test the setup using demo accounts before using the copier in a live trading environment.
For the complete installation procedure and configuration instructions, see the MT5 Trade Copier Installation Guide.
An MT5 trade copier is software that automatically transfers trading activity from one MetaTrader 5 account to one or more other MetaTrader 5 accounts.
The original account normally acts as the transmitter, while the accounts receiving the copied trades act as receivers.
Instead of manually opening the same position on several MT5 accounts, the copier detects eligible trading activity on the transmitter and automatically reproduces it on the configured receivers.
Depending on the copier settings, this can include:
Market buy and sell trades
Pending orders
Stop Loss and Take Profit levels
Trade modifications
Partial trade closures
Full trade closures
Other supported trade-management actions
This makes it possible to manage several MetaTrader 5 accounts from one primary trading account while retaining control over how trades are handled on each receiver.
If you are comparing different ways to replicate trading activity in MetaTrader 5, see our guide to MT5 Trade Copier vs MetaTrader 5 Signals.
The transmitter-and-receiver structure is the foundation of an MT5 trade copier setup.
The MT5 Transmitter is the account where the original trading activity takes place. Trades may be opened manually or generated by an Expert Advisor.
The MT5 Receiver monitors the transmitter through the trade copier and copies eligible trading activity according to its own configuration.
A simple setup looks like this:
MT5 Transmitter Account
↓
Local Trade Copier EA MT5©
↓
MT5 Receiver Account
The same structure can also be expanded to multiple receivers:
MT5 Transmitter Account
↓
Local Trade Copier EA MT5©
↓
MT5 Receiver 1 | MT5 Receiver 2 | MT5 Receiver 3
Each receiver can be configured independently.
This is important because copying the same trading signal does not require every account to have identical financial exposure.
Yes. An MT5 trade copier can be used to copy trades from one transmitter account to multiple receiver accounts.
For example, a trader may operate one primary MT5 account and copy selected trades to several other MetaTrader 5 accounts.
Each receiver can have its own:
Lot sizing
Risk-management method
Trade filters
Symbol mapping
Buy or sell permissions
TP and SL settings
Account-protection rules
Other receiver-specific settings
This allows the original trading activity to remain the same while the execution and risk rules differ between receiving accounts.
For more advanced configurations, see MT5 Trade Copier for Multiple Accounts – How to Build a Smarter Multi-Account Setup.
Yes. The transmitter and receiver MetaTrader 5 accounts do not necessarily have to be with the same broker.
One common issue when copying between brokers is that the same instrument may have a different symbol name.
For example:
EURUSD → EURUSD.a
GBPUSD → GBPUSD+
XAUUSD → GOLD
US30 → DJ30
Local Trade Copier EA MT5© can automatically map Transmitter dot-suffix symbols and also provides configurable suffix settings and custom symbol mapping for other broker naming differences.
However, different brokers can have different spreads, execution conditions, contract specifications and available prices. A trade copier synchronizes trading instructions between accounts; it cannot guarantee that different brokers will execute those instructions at exactly the same price.
For a detailed explanation of broker symbol mapping, lot sizing and execution differences, see our guide to MT5 Forex trade copying between different brokers.
Copied trades do not have to use the same lot size as the transmitter.
Local Trade Copier EA MT5© provides 18 lot sizing and risk-management methods, allowing each receiver account to determine its own position size.
Depending on the selected method, this can include approaches such as:
Fixed lot sizing
Lot multipliers
Balance-proportional sizing
Equity-proportional sizing
Risk-based position sizing
Minimum and maximum lot restrictions
This is especially important when MT5 accounts have different balances, equity levels or risk requirements.
A 1.00-lot trade on the transmitter therefore does not necessarily need to become a 1.00-lot trade on every receiver.
Yes. Trade filtering allows a receiver to copy only the trading activity that meets specified conditions.
Depending on the configuration, trades can be selected or excluded using criteria such as:
Trading symbol
Magic number
Trade comment
Ticket
Buy or sell direction
Time and day restrictions
Other available copying conditions
This can be useful when several strategies operate on the same transmitter account but a receiver should follow only selected trades.
For example, one receiver might copy only EURUSD trades while another receives trades generated by a particular Expert Advisor.
Yes. Pending orders can be included in an MT5 trade copier setup.
Local Trade Copier EA MT5© can copy pending orders directly to the receiver or, depending on the selected configuration, copy the resulting position as a market trade when the pending order is triggered on the transmitter.
This provides additional flexibility when the transmitter and receiver accounts operate under different broker conditions.
Yes. Local Trade Copier EA MT5© can synchronize Stop Loss and Take Profit levels between transmitter and receiver accounts.
Changes made to supported trade-management parameters on the transmitter can also be reflected on the receiving accounts according to the copier configuration.
Partial and complete trade closures can also be synchronized.
This allows the copier to manage more than simply the initial trade entry.
Yes. An MT5 trade copier can be used with both manually opened trades and trades generated by Expert Advisors.
This means a transmitter account can contain:
Manual trading
EA-generated trading
Multiple trading strategies
Trade filters can then be used to determine which trading activity each receiver should follow.
Magic-number, symbol and comment filtering can be particularly useful when several Expert Advisors or strategies operate on the same MT5 account.
Yes. Local Trade Copier EA MT5© includes reverse-copying options.
When reverse copying is configured, a buy trade on the transmitter can be copied as a sell trade on the receiver, and a sell trade can be copied as a buy.
Reverse copying is a configuration feature and does not imply that reversing a strategy will automatically make it profitable.
A professional MT5 trade copier can do more than reproduce trades from one account to another.
The transmitter provides the original trading signal, but each receiver can apply its own rules for how that signal is executed and managed.
For example, Receiver 1 might use a fixed lot size, Receiver 2 might use proportional sizing, and Receiver 3 might accept only selected symbols.
The receivers can also use different trade filters, symbol mappings and account-protection settings.
This means:
The trading signal can be identical while the financial exposure is different.
For traders managing multiple MetaTrader 5 accounts, this makes the trade copier an execution and risk-management layer between the original strategy and each receiving account.
Yes. Local Trade Copier EA MT5© can operate on a Windows computer or Windows VPS where the required MetaTrader 5 terminals are installed.
A VPS can be particularly useful when the copier needs to operate continuously without depending on a personal computer remaining switched on.
For good trade-copying performance, the VPS should have sufficient CPU and RAM resources for the number of MetaTrader terminals being operated.
Broker connectivity also matters. Locating the VPS reasonably close to the brokers' trading servers can help reduce network latency during order execution.
It is important to distinguish trade copier synchronization latency from broker execution latency. The copier transfers the trading instruction between local MT5 terminals, while the broker remains responsible for executing that instruction on the trading server.
Because Local Trade Copier EA MT5© communicates locally between MetaTrader terminals on the same Windows computer or VPS, copying can occur very quickly.
Under suitable system and network conditions, trade synchronization can typically occur in less than 0.5 seconds.
Actual results can vary according to computer or VPS workload, MetaTrader terminal performance, broker connectivity and other operating conditions.
Fast copier synchronization also does not guarantee identical execution prices between accounts, particularly when different brokers are involved.
Yes. Local Trade Copier EA supports cross-platform trade copying between MetaTrader 4 and MetaTrader 5.
Possible configurations include:
MT5 → MT5
MT4 → MT4
MT4 → MT5
MT5 → MT4
For MT4 ↔ MT5 cross-platform copying, the corresponding Local Trade Copier EA MT4© and Local Trade Copier EA MT5© versions are required.
For traders working exclusively with MetaTrader 5, only the MT5 version is required for MT5-to-MT5 copying.
Testing on demo accounts allows you to confirm that the transmitter and receiver terminals communicate correctly before using the setup with live accounts.
During testing, check:
Whether trades are detected and copied correctly
Receiver lot sizes
Broker symbol mapping
Pending-order behavior
Stop Loss and Take Profit synchronization
Trade filters
Partial and full closures
Receiver-specific risk settings
This is particularly important when the transmitter and receiver use different brokers or account specifications.
A free Local Trade Copier EA MT5© demo is available for testing on demo accounts before purchasing.
Copying trades between MetaTrader 5 accounts is not simply a matter of duplicating every order with the same lot size and settings.
A well-configured MT5 trade copier allows the transmitter to provide the original trading activity while each receiver determines how that activity should be handled according to its own account size, broker symbols, trading requirements and risk limits.
Local Trade Copier EA MT5© combines MT5-to-MT5 trade synchronization, multiple-account support, flexible lot sizing, trade filtering, symbol mapping and receiver-specific risk management in a local Windows computer or VPS environment.
MT5 Trade Copier Installation Guide → Install and connect your transmitter and receiver MT5 terminals.
MT5 Trade Copier Settings & Inputs Guide → Configure lot sizing, risk management, filters, symbol mapping and account protection.
MT5 Trade Copier for Multiple Accounts → Learn how to design more advanced transmitter and receiver configurations.
MT5 Trade Copier Troubleshooting Guide → Find solutions to common MT5 trade-copying and configuration problems.
Local Trade Copier EA MT5© Pricing → Compare the available purchase and licensing options.
⭐ MT5 Trade Copier Resources
Explore our practical guides to MT5 trade copying, including how to copy trades between MetaTrader 5 accounts, manage multiple MT5 accounts, configure risk and lot sizing, and compare an MT5 trade copier with MetaTrader 5 Signals. Learn how Local Trade Copier EA MT5© can be configured for different brokers, trading strategies and multi-account setups.
Test the Free MT5 Trade Copier Demo
Download the free Local Trade Copier EA MT5© demo and test MT5-to-MT5 trade copying between MetaTrader 5 demo accounts before purchasing. An MT4 demo is also available for traders who want to test Local Trade Copier EA MT4© or an MT4/MT5 cross-platform setup.
Start by downloading the demo version for MT5 or MT4.
Place the downloaded file in your MetaTrader terminal by navigating to File → Open Data Folder → MQL5 → Experts for MT5, or MQL4 → Experts for MT4, and then restart the terminal.
Watch the quick setup video below and follow the steps using your demo accounts. The demo is fully functional for 4 hours at a time on demo accounts only, allowing you to test trade copying, lot sizing, symbol mapping, filters and other features before purchasing.
To reset the trial, go to MT5/MT4 → Tools → Global Variables → Ctrl+A → Delete. Only perform this reset on a non-critical demo account and do not use it on a prop firm challenge account.
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