Prop firm traders often need independent risk management, configurable trade filtering, flexible lot sizing and account-protection controls. The sections below explain how its trade-copying and receiver-side risk-management features can help traders manage multiple funded accounts. 

1. Copy Only the Trades You Want

Many prop traders use more than one trading strategy.

You may trade:

• manually

• with Expert Advisors

• with multiple EAs

• or combine different signal providers

Instead of copying everything, Prop Firm Copier MT4/5© lets you selectively copy trades using filters such as:

• Magic Number

• Trading Symbol

• Trade Comment

• Buy or Sell Direction

• Manual Trades

• EA Trades

Each receiver account can therefore copy only the trades intended for that specific funded account.

2. Independent Risk for Every Funded Account

Every prop firm account may require different position sizing.

Instead of changing your trading strategy, Prop Firm Copier MT4/5© allows every receiver account to calculate lots independently using 18 professional lot sizing methods, including:

• Fixed Lots

• Lot Multiplier

• Balance Ratio

• Equity Ratio

• Risk per Balance

• Risk per Equity

• Risk per Free Margin

• Risk per Money

• Lot Size Sequences

This makes it easy to maintain proportional risk across accounts of different sizes.

3. Filter Trades by Lot Size

Additional filtering can be applied based on position size.

You can:

• ignore trades below a minimum lot,

• ignore trades above a maximum lot,

• replace very small trades with a predefined lot,

• replace large trades with another fixed lot.

This gives even greater flexibility when managing funded accounts with different risk requirements.

4. Customize Stop Loss and Take Profit for Every Receiver

Not every prop firm account needs identical exit levels.

Receiver accounts can:

• copy original TP/SL

• ignore TP/SL

• add or subtract points

• apply multipliers

• create independent TP/SL levels

• define TP/SL in points

• define TP/SL in money

Each funded account can therefore maintain its own risk profile while following the same entries.

5. Better Price & Closure Better Price

Different brokers often execute trades at slightly different prices.

The Better Price and Closure Better Price settings allow traders to decide whether copied positions should open or close:

• at the same market price,

• at a better price,

• or under custom execution conditions.

These options provide additional flexibility when synchronizing accounts across different brokers.

6. Manage All Copied Trades as One Basket

Instead of managing trades individually, Prop Firm Copier MT4/5© allows receiver positions to be managed collectively.

Available Basket tools include:

• Basket Take Profit

• Basket Stop Loss

• Basket Break Even

• Basket Trailing Stop

This makes it much easier to manage groups of positions across multiple funded accounts.

7. Automatic Partial Closures

Partial Closures help traders secure profits gradually without closing the entire position.

As predefined profit or loss levels are reached, the EA can automatically reduce position size according to your settings.

This provides another layer of professional trade management.

8. Comprehensive Prop Firm Account Protection

One of the most valuable features for funded account traders is the extensive receiver account protection system.

Each receiver account can have completely independent protection rules.

Available protections include:

• Receiver Account Stop Loss

• Receiver Account Take Profit

• Maximum Drawdown from Highest Balance

• Daily Drawdown Protection

• Daily Profit Protection

These limits can be based on:

• Balance

• Equity

• Percentage

• Money

When protection levels are reached, Prop Firm Copier EA MT4/5© can:

• close copied trades

• pause copying until the next trading day

• permanently stop copying

helping traders stay within prop firm risk requirements.

For a closer look at configuring Receiver protection around daily loss limits, see our guide on how to protect prop firm accounts from maximum daily drawdown with a trade copier.

9. Receiver-Side Drawdown Controls

Copying does not always have to remain active.

The EA includes intelligent filters based on:

Transmitter

• Account Drawdown

• Symbol Drawdown

Receiver

• Account Drawdown

• Symbol Drawdown

Copying can automatically start, pause, resume, or stop depending on predefined drawdown conditions.

10. Automatic Symbol Mapping Between Brokers

Many prop firms use different symbol formats.

Examples include:

• EURUSD → EURUSD.a

• XAUUSD → GOLD

• US30 → DJ30

• GER40 → DAX40

The Mapping Settings section automatically handles:

• Prefixes

• Suffixes

• Custom Symbols

• Different Instrument Names

This allows reliable copying between different prop firms and brokers without changing your trading strategy.

Built for Professional Prop Firm Traders

Managing multiple funded accounts is about much more than simply duplicating trades.

Each account may require different:

• lot sizes,

• risk levels,

• protection rules,

• broker mappings,

• execution preferences,

• basket management.

Prop Firm Copier MT4/5© provides the flexibility needed to manage every receiver account independently while maintaining synchronized trading decisions across your entire portfolio.

Have any questions?

Feel free to send us a message via our contact page, and we’ll respond to you as quickly as possible.