Personal Trade Copier

Trader tools
Developer tools

Click here to download the Personal Trade Copier

The Personal Trade Copier duplicates orders between two instances of MetaTrader 4 running on the same computer. The communication is almost instant. The speed of trade placement, and any slippage, will depend almost entirely on the latency to your broker and the quality of their trade execution.

The trade copier has a wide range of features. These are covered in greater detail in the accompanying PDF document:

  • Adjust lot sizes, including risk-based adjustment based on the relative equity of the two accounts
  • Adjust the s/l and t/p
  • Only copy orders for specific symbols
  • Only copy orders with specific magic numbers
  • Send email alerts on trading activity
  • Uses a single magic number for all orders, allowing analysis of results by EA
  • Automatically adjusts between different broker symbols names such as EURUSD and EURUSDcx
  • Automatically adjusts between brokers who use 2/3DP and 4/5DP pricing
  • Automatically adjusts to market execution (where brokers require the s/l and t/p to be placed separately from a market order)
  • Handles partial closes

The sending copy of MT4 does not need the ability to place trades. It can be logged in using the read-only MT4 "investor" password.

Please note: MT4i does not copy any trades which you publish to MT4i Live.

MT4i can also provide a version of the trade copier for FXCM accounts (TradeStation II and Strategy Trader). For example, you can run an MT4 EA on your FXCM account by running the EA on an MT4 demo account and copying the trades into the FXCM account. Please contact us for more information about this FXCM version of the tool.

The trade copier is based on our QuickChannel library, providing sub-millisecond data transfer between copies of MT4.