Prop Firm Trade Copier FAQ — MT4 & MT5 Funded Account Copying
Prop Firm Trade Copier FAQ — MT4 & MT5 Funded Account Copying
Find answers to common questions about using Prop Firm Copier EA MT4/5© for prop firm challenge, evaluation and funded accounts, including MT4/MT5 trade copying, multiple accounts, receiver-side risk management, different brokers, VPS requirements, pricing and demo testing.
Prop Firm Copier EA MT4/5© is a local trade copying solution that allows supported trades to be synchronized between MetaTrader 4 and MetaTrader 5 terminals running on the same Windows computer or Windows VPS.
A transmitter account acts as the source of the trading strategy, while one or more receiver accounts can copy the supported trades.
The receiver accounts can be configured independently, allowing traders to use different lot sizes, risk settings, trade filters and account-protection options for different accounts.
Instead of manually entering the same trade on every account, you can use one transmitter account as the source of your strategy and copy supported trades to multiple receiver accounts.
This can be useful when managing several prop firm evaluations, funded accounts or personal trading accounts.
The important advantage is that the trading strategy can remain centralized while the risk management of each receiver account can remain independent.
Yes. A transmitter can send supported trades to multiple receiver accounts.
Each receiver can then use its own lot-size method, multiplier, risk settings, trade filters and account-protection settings according to the requirements of that account.
Yes.
The receiver-side settings allow copied trades to be managed independently. For example, different receiver accounts can use different lot sizes, proportional sizing, multipliers or risk-based position sizing.
This allows you to copy the same strategy while adapting the position size and risk management to the balance, rules or objectives of each account.
Yes. Prop Firm Copier EA MT4/5© supports MT4-to-MT4 trade copying between supported MetaTrader terminals.
Yes. Prop Firm Copier EA MT4/5© supports MT5-to-MT5 trade copying between supported MetaTrader terminals.
Yes.
MT4-to-MT5 copying is supported. To copy trades between MT4 and MT5, you need both the MT4 and MT5 versions of the EA.
Yes.
MT5-to-MT4 copying is supported. To use cross-platform copying, both the MT4 and MT5 versions are required.
Yes.
The MT4 and MT5 versions are separate products. If you want to copy trades between MT4 and MT5 terminals, you need to purchase both versions.
Yes.
The copier can synchronize supported trades between MetaTrader terminals even when the accounts are held with different brokers or prop firms, provided the relevant MetaTrader environments support the required trading operations.
Yes.
Prop Firm Copier EA MT4/5© includes symbol-mapping functionality that can help match instruments when different brokers use different prefixes, suffixes or symbol names.
For example, if one broker uses a symbol such as EURUSD and another uses a broker-specific symbol name or suffix, the symbol mapping settings can be used to establish the appropriate relationship.
Yes.
A transmitter can distribute supported trades to multiple receiver terminals, including receivers connected to different brokers.
Each receiver can be configured independently according to its own account and broker requirements.
Each purchase includes 20 activations.
An activation is associated with a Windows PC or Windows VPS, rather than with an individual MT4/MT5 trading account or terminal.
This means that you can install and use the EA on multiple MT4/MT5 terminals and trading accounts running on the same Windows PC or Windows VPS while using only one activation.
For example, if you run many MetaTrader terminals on one Windows VPS, the number of trading accounts or terminals does not consume one activation per terminal. The activation is associated with that computer or VPS.
Your 20 activations therefore allow you to use the EA across up to 20 different computers or VPS environments.
Yes.
As long as the terminals are running on the same Windows PC or Windows VPS, they can use the same activation.
The activation is not charged separately for every trading account or MetaTrader terminal running on that machine.
Yes.
The MT4 and MT5 products are separate products, and each product has its own activations.
If you purchase both versions for cross-platform MT4/MT5 copying, each version is licensed separately.
Yes.
Free demo versions are available for both MT4 and MT5. The demo is fully functional for testing on demo accounts for up to 4 hours at a time.
You can use the demo to test the installation, configuration and trade-copying process before purchasing.
The demo is fully functional for up to 4 hours at a time on demo accounts.
After the trial period expires, the trial can be reset through the MetaTrader Global Variables as described in the Free Demo instructions.
Only use the reset procedure on non-critical demo accounts. Do not use it on live accounts or prop firm challenge/funded accounts.
The MT4 version is available for a one-time payment of $50, and the MT5 version is also available for a one-time payment of $50.
Rental options are also available for users who prefer not to purchase the software outright.
There are no recurring monthly subscription fees for the standard purchase.
No.
The standard purchase is a one-time payment. Rental options are also available for 3-month and 6-month periods.
The EA is designed for local trade copying in under 0.5 seconds under suitable conditions.
Actual copying time can vary depending on factors such as broker latency, market conditions, computer or VPS performance, terminal workload, internet connectivity and the number of terminals running simultaneously.
For this reason, the advertised copying speed should be considered a target under suitable conditions rather than a guaranteed execution time for every environment.
Local copying avoids sending trade commands through an additional external cloud copying infrastructure.
The transmitter and receiver terminals communicate locally on the same Windows computer or Windows VPS, which can provide very low communication latency when the system is properly configured.
Actual trade execution still depends on the broker and market conditions.
Yes.
A Windows VPS is often a convenient solution when multiple MetaTrader terminals need to remain online continuously.
For best results, the VPS should have sufficient CPU, RAM and SSD resources for the number of MetaTrader terminals and EAs running simultaneously.
The required resources depend on the number of MetaTrader terminals and the workload of the trading setup.
As general guidelines:
2 terminals: 2 CPU cores and 4 GB RAM
3–5 terminals: 4 CPU cores and 6 GB RAM
7–8 terminals: 6 CPU cores and 12 GB RAM
10–15 terminals: 8 CPU cores and 16 GB RAM
30+ terminals: 16–24 CPU cores and 48–64 GB RAM
These are general recommendations rather than strict technical requirements.
For lower latency, it is also advisable to choose a VPS located relatively close to the relevant broker servers.
MetaTrader installations and system resources determine the practical limit.
The MetaTrader platform supports up to 32 terminals on one Windows system under the standard setup. Additional Windows user profiles can be used where appropriate to run further terminal environments, provided the hardware can handle the additional workload.
The practical limit will depend on CPU, RAM, disk performance and the workload of the terminals and EAs.
Prop Firm Copier EA MT4/5© supports three main operating modes:
Transmitter Mode
The transmitter sends supported trade information to receiver terminals.
Receiver Mode
The receiver copies supported trades received from one or more transmitters.
Self Copier Mode
The EA can reproduce trades within the same account, which can be useful when trade multiplication is required.
Yes.
Receiver configurations can be used with one or more transmitters, allowing more flexible multi-account and multi-strategy setups.
Yes.
The EA can copy trades from supported read-only transmitter accounts accessed through an investor password.
This can be useful when the transmitter account does not allow trading access but its open trades need to be monitored and copied.
Yes.
The EA supports copying between different account types, including:
Live → Live
Live → Demo
Demo → Live
Demo → Demo
Always test your configuration carefully before using it with a live or funded account.
Yes, technically the EA can be used with supported MetaTrader evaluation accounts.
However, whether a particular prop firm permits trade copiers is determined by that firm's current rules. Traders should always review the rules of each prop firm before using any trade-copying software.
No.
No trade copier can guarantee compliance with every prop firm's rules.
Prop firms can have different requirements concerning EAs, trade copying, multiple accounts, identical trading activity, external signals and other practices.
You are responsible for checking the current rules of each prop firm and determining whether your intended setup is permitted.
The copier provides configuration and risk-management tools, but it does not override or guarantee compliance with third-party rules.
Yes.
Each receiver can be configured independently.
Depending on the selected settings, you can use fixed lot sizes, proportional sizing, multipliers, risk-based sizing and other available lot-size methods.
Yes.
The EA includes risk-based lot-sizing options that can be configured on the receiver side.
This allows the same copied trade to be adapted to different account sizes or risk requirements.
Yes.
Different receiver accounts can use different lot-size multipliers, allowing the copied strategy to be scaled differently on each account.
Yes.
Trades can be filtered using available settings such as symbols, magic numbers and comments.
This allows you to control which transmitter trades are copied to a particular receiver.
Yes.
The EA includes scheduling options that can be used to pause or resume copying according to specified times or days.
This can be useful when different trading accounts have different operating schedules.
Yes.
The EA can copy TP and SL information from the transmitter or apply receiver-side settings.
Depending on the configuration, virtual TP/SL and other receiver-side trade-management options can also be used.
Yes.
Pending orders can be copied according to the selected configuration.
They can be copied as pending orders or configured to be copied after they become market positions on the transmitter side.
Yes.
Receiver trades can be closed automatically when the corresponding transmitter trade is closed or when configured receiver-side conditions are reached.
The EA also supports partial and delayed closure options.
Yes.
Partial closures can be copied and managed according to the available receiver settings.
Reverse Copying changes the direction of the copied trade.
For example, a buy trade on the transmitter can be copied as a sell trade on the receiver.
The corresponding trade-management settings can also be adjusted according to the receiver configuration.
Prop Firm Copier EA MT4/5© includes several receiver-side tools designed to help traders control exposure when copying trades.
Depending on the configuration, these include:
Maximum risk settings
Drawdown protection
Equity-based trade-copying limits
Daily loss and profit restrictions
Emergency equity protection
Receiver-side lot sizing
Trade filtering
Symbol-specific controls
These tools allow each receiver account to have its own risk-management configuration rather than simply duplicating the transmitter's position size.
Yes.
Receiver accounts can be configured independently, allowing different protection levels to be used for different account sizes, risk profiles or trading requirements.
No.
Account-protection features are risk-management tools and cannot guarantee profits or prevent losses under every market condition.
Fast markets, slippage, gaps, broker execution conditions and other factors can affect actual results.
The EA includes symbol-mapping options that allow transmitter and receiver symbols to be matched.
This is particularly useful when brokers use different prefixes, suffixes or other symbol naming conventions.
Local Trade Copier EA MT4/5© can automatically handle Transmitter symbols with a dot suffix, such as EURUSD.r → EURUSD.
Other symbol differences can be handled through configurable Transmitter and Receiver suffix settings or custom Special Symbol mapping.
For example:
EURUSD → EURUSD.r: Configure Suffix of the Receiver Account: .r.
EURUSD+ → EURUSD: Configure Suffix of the Transmitter Account: +.
US500 → SPX500: Configure Special Symbol 1: US500,SPX500.
Always verify symbol mapping before using the copier with live or funded accounts.
Prop Firm Copier EA MT4/5© is designed to run in Windows-based MetaTrader environments.
Mac users can use a suitable Windows environment, such as a Windows VPS or compatible Windows virtualization/emulation solution, to operate their MetaTrader terminals and EAs.
Accounts using certain third-party signal or social-trading services may have restrictions that prevent them from being used as transmitters.
For example, accounts subscribed to MQL5.com Signals, AVA Copy Trading or TitanFX Social Trading may not be suitable as transmitter accounts for trade copying.
Always test the specific setup and review the rules and technical limitations of the service involved.
This depends on how the external platform provides the trades to the MetaTrader account.
If the trades are available in a supported MetaTrader account and the transmitter can monitor them, the EA may be able to copy them subject to the platform's technical and account restrictions.
The EA is designed for fast local trade synchronization, but trade copying is not recommended for extremely short-duration strategies where positions may open and close almost immediately.
During very fast markets, execution differences between the transmitter and receiver can become more significant because of broker latency, spread changes, slippage and market volatility.
For reliable copying, it is preferable that trades remain open long enough for the receiver to receive and execute the corresponding trade.
Technically, trades can be copied during volatile market conditions, but copying around major news events can produce larger differences between transmitter and receiver execution.
Spreads, slippage, liquidity and execution speed can change rapidly during events such as NFP and other major economic announcements.
The copier cannot eliminate these market and broker-related execution differences.
The basic setup is designed to be straightforward.
You install the EA on the relevant MetaTrader terminals, configure one terminal as the transmitter and configure the receiver terminals according to your desired copying and risk-management settings.
Detailed installation, settings and troubleshooting guides are available on the website.
Yes.
The relevant MetaTrader terminals and the EA need to be running and operational for the trade-copying system to communicate and process trade events.
For setups that need to operate continuously, a Windows VPS can be a convenient solution.
If you have questions or encounter a problem with the setup, support is available through the contact options provided on the website and through the developer's MQL5.com profile.
Before contacting support, it is helpful to provide the EA version, MT4/MT5 version, relevant settings and the Experts/Journal log messages related to the problem.
Yes.
The software is particularly useful when a trader wants to centralize a trading strategy while maintaining independent control over position sizing, risk management and account protection across multiple receiver accounts.
The key principle is simple:
Copy the strategy consistently, but manage the risk of each account independently.
You can explore the detailed installation and settings guides, read the Prop Firm Copier articles, and test the free demo before purchasing.
The free demo is the recommended way to test the copying setup with your own MetaTrader environment and confirm that the configuration works as expected.
The MT4 and MT5 versions are available separately.
If you only need MT4-to-MT4 or MT5-to-MT5 copying, you can purchase the corresponding version.
If you need MT4-to-MT5 or MT5-to-MT4 copying, both versions are required.
If you manage multiple prop firm evaluation accounts, funded accounts or personal trading accounts, you can test the copier before purchasing.
Try the Free Demo to configure your MetaTrader terminals and test the trade-copying process on demo accounts.
Before using the software with a live or funded account, always verify your settings and confirm that your intended trade-copying setup is permitted by the relevant prop firm's current rules.
⭐ Prop Firm Copier Guides & Articles
Explore practical guides for prop firm trade copying, including multi-account management, receiver-side risk controls, VPS performance, local vs cloud copying and managing funded accounts with different requirements.
Test the fully functional Free Demo on MT4 or MT5 demo accounts for up to 4 hours at a time. Use the dedicated Free Demo page for download links, installation instructions and trial-reset information.
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