If you want to test copying between MT4 and MT5, download both demo versions and install the corresponding version in each MetaTrader terminal.

Demo account only: The free demo versions operate on MetaTrader demo accounts and are intended for testing and evaluation before purchasing.

What You Can Test with the Free Demo

The free demo allows you to evaluate the actual trade-copying functionality of Local Trade Copier EA MT4/5© in your own MetaTrader environment.

You can test:

• MT4-to-MT4 trade copying

• MT5-to-MT5 trade copying

• MT4-to-MT5 and MT5-to-MT4 copying using both demo versions

• multiple transmitter and receiver configurations

• market and pending-order copying

• different receiver lot sizes

• lot multipliers and other lot-sizing methods

• Forex symbol mapping

• trade filters

• Take Profit and Stop Loss synchronization

• partial closures

• receiver-specific settings

• account-protection and risk-management options

Testing the copier with your own broker demo accounts is particularly useful because it allows you to check the symbol names and trading conditions used in your intended setup.

How to Install the Forex Trade Copier Free Demo

1. Open Your MetaTrader Demo Accounts

Open the MT4 or MT5 terminals that you want to use for testing.

You will normally need at least two MetaTrader terminals:

Transmitter — the account from which trades will be copied.

Receiver — the account to which trades will be copied.

Both accounts must be demo accounts when using the free demo version.

2. Download the Correct Demo File

Download the appropriate free demo version from above:

Local Trade Copier EA MT4© Free Demo — for MetaTrader 4

Local Trade Copier EA MT5© Free Demo — for MetaTrader 5

If your setup includes both MT4 and MT5 terminals, download both corresponding demo versions.

3. Open the MetaTrader Data Folder

In each MetaTrader terminal, go to:

File → Open Data Folder

Then open:

For MT4:

MQL4 → Experts

For MT5:

MQL5 → Experts

4. Copy the Demo File into the Experts Folder

Place the downloaded Local Trade Copier EA demo file into the appropriate Experts folder.

For MT4:

MQL4 → Experts

For MT5:

MQL5 → Experts

Repeat this process for every MetaTrader terminal that will participate in your demo test.

5. Restart MetaTrader

Close and restart each MT4 or MT5 terminal after copying the demo file.

After restarting, the Local Trade Copier EA demo should appear in the Navigator → Expert Advisors section.

6. Attach the EA to a Chart

Open a chart in each MetaTrader terminal and attach Local Trade Copier EA MT4/5© to it.

The particular Forex pair of the chart is not important for general copying because the EA manages the configured account-level copying activity.

Make sure automated trading is permitted in MetaTrader and for the EA.

7. Configure the Transmitter Account

On the MetaTrader account from which you want to copy trades, set:

Account Mode: Transmitter

This terminal will send the qualifying trading activity to the receiver account or accounts.

8. Configure the Receiver Account

On the account that should receive the copied trades, set:

Account Mode: Receiver

Enter the appropriate transmitter account number in:

Transmitter Account Number

If you are using multiple transmitters, configure the account numbers according to the Settings & Inputs Guide.

9. Check the Forex Symbol Names

Before testing, compare the Forex symbols used by the transmitter and receiver brokers.

If both accounts use:

EURUSD → EURUSD

no symbol-name adjustment is required.

If the transmitter has a dot suffix such as:

EURUSD.r → EURUSD

Local Trade Copier EA MT4/5© can handle the transmitter dot suffix automatically.

Other symbol-name differences require the appropriate custom mapping settings.

For example:

EURUSD → EURUSD.r
Set Suffix of the Receiver Account = .r

EURUSDm → EURUSD
Set Suffix of the Transmitter Account = m

EURUSD → EURUSDm
Set Suffix of the Receiver Account = m

For other substantially different symbol names, use the appropriate custom symbol-mapping settings.

This is particularly important when the transmitter and receiver demo accounts are held at different brokers.

10. Choose the Receiver Lot-Sizing Method

Configure how the receiver should determine the size of copied trades.

Local Trade Copier EA MT4/5© provides 18 lot-size and risk-management methods.

For a simple first test, you can select an appropriate straightforward method such as Same Lot Size or Fixed, and then test the more advanced methods separately.

The receiver lot size does not have to be identical to the transmitter lot size.

11. Open a Small Test Trade

Open a small manual Forex trade on the transmitter demo account.

For example:

EURUSD Buy

Check that the corresponding trade appears on the intended receiver demo account according to your selected copying and lot-sizing settings.

You can then test:

• closing the trade

• changing TP/SL

• partial closure

• pending orders

• Buy and Sell trades

• different Forex pairs

• different receiver settings

Use small demo positions so that the purpose of the test remains verifying the copier configuration rather than evaluating trading performance.

How to Set Up the Transmitter and Receiver

Demo Transmitter Account

↓

Local Trade Copier EA MT4/5©

↓

Demo Receiver Account

The Transmitter is the MetaTrader account where the original trades are opened.

The Receiver is the MetaTrader account where the corresponding trades are copied.

For multiple-account testing, additional receiver terminals can be configured with their own lot sizing, symbol mapping, trade filters and risk-management settings.

How Long Does the Free Demo Work?

The free demo version of Local Trade Copier EA MT4/5© is fully functional for up to 4 hours at a time and operates on demo accounts only.

During this testing period, you can evaluate the copier's functionality and configure different transmitter and receiver settings according to your intended MetaTrader setup.

If you need additional testing time, the demo period can be reset on a suitable non-essential demo terminal using the procedure below.

How to Reset the Forex Trade Copier Free Demo

To reset the free demo testing period:

1. Open the MetaTrader terminal containing the demo version.

2. Go to:

Tools → Global Variables

3. Press:

Ctrl + A

to select the Global Variables.

4. Select:

Delete

5. Restart the MetaTrader terminal and configure the Local Trade Copier EA demo again.

What Should You Test Before Purchasing?

I would add one final practical section, but keep it short:

Before purchasing, use the free demo to verify the parts of the copier that matter to your intended Forex setup.

I recommend testing:

Trade Copying — Confirm that market trades open and close correctly.

Lot Sizing — Verify the resulting receiver volume.

Forex Symbol Mapping — Test any broker symbol-name differences.

TP/SL Management — Check initial levels and subsequent modifications.

Pending Orders — Verify the pending-order behavior you intend to use.

Partial Closures — Confirm receiver behavior when part of a transmitter position is closed.

Trade Filters — Make sure intended trades are copied and excluded trades remain excluded.

Multiple Receivers — If applicable, confirm that each receiver follows its own settings.

The purpose of the demo is to determine whether the software and your selected configuration work as intended in your MetaTrader environment. It is not a test of whether the underlying Forex trading strategy will be profitable.