How Forex Trade Copying Works
Local Trade Copier EA MT4/5© uses a transmitter-and-receiver system to synchronize Forex trades between multiple MetaTrader accounts on the same Windows computer or Windows VPS.
The Transmitter EA is attached to the MetaTrader account where the original Forex trades are opened. Local Trade Copier EA MT4/5© detects the trading activity locally and sends the corresponding instructions to one or more Receiver EAs, which manage the copied trades according to the settings configured for each receiving account.
The source MT4 or MT5 account where Forex trades are opened manually, by an Expert Advisor, or from another trading source.
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Local Trade Copier EA MT4/5©
Synchronizes market trades, pending orders and trade-management actions locally between the connected MetaTrader terminals.
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Multiple Receiver Accounts
Copy the Forex trades to one or more MT4 or MT5 accounts, with each receiver able to use its own lot sizing, symbol mapping, trade filters and risk-management settings.
One trading signal can be synchronized across multiple Forex accounts, while each receiver maintains independent control over how that signal is implemented.
Local architecture: The transmitter and receiver MetaTrader terminals operate on the same Windows computer or Windows VPS, without requiring a cloud-based trade-copying service.