The FRZ Local Trade Copier is a complete solution designed for seamless trade replication between multiple MetaTrader 4 or 5 (MT4/MT5) accounts installed on the same PC or VPS. Whether you’re managing multiple accounts or offering signals to clients, this system allows you to effortlessly copy trades from a master account to one or more client/copy accounts, ensuring accurate and timely execution across all platforms. It offers a user-friendly interface that allows you to set up and manage your master and copy accounts with ease. The EA requires minimal configuration, allowing you to be up and running within minutes.
Important:
- Both the Master account and the copy (slave) Meta Trader platforms should be installed on the same PC or VPS.
- Make sure you have no on-going trades on the slave/copy account as they will be closed by the EA.
- Partial closure of trades is not currently supported.
- The EA saves a shared csv file named, TradeCopy in the MetaTrader common folder. If you do not get trades copies, first please make sure that file and containing folders are read & write enabled under their properties. (File location: C:\Users\[user name]\AppData\Roaming\MetaQuotes\Terminal\Common\Files\TradeCopy.csv)
Key Features
- Master-Copy Architecture: Instantly copy trades from one account (Master) to any number of client (Copy) accounts, eliminating manual interventions and reducing execution errors.
- MT4 & MT5 Inter-compatibility: From an MT4 master account you can copy to MT5 copy accounts (with MT5 version installed) and vice versa also possible.
- Real-Time Trade Syncing: The EA ensures that all open positions, modifications (SL/TP), and closed trades on the master account are immediately reflected on the slave accounts in real-time.
- Customizable Lot Sizing: Flexibility to control trade sizes on copy accounts. You can either mirror the lot sizes from the master account or define custom lot size rules.
- Order Types Supported: The EA supports market orders, pending orders, and modifications such as SL (Stop-Loss) and TP (Take-Profit), ensuring all trade elements are accurately copied.
- Advanced SL/TP Options: Option to ignore stop-loss and take-profit levels when copying trades, giving you more control over risk management on slave accounts.
- Pip Tolerance: Fine-tune the copying process by setting a pip tolerance level to avoid copying trades that fall outside your desired price range.
- Reverse Trading – You may use this option to make the opposite trades on the copy account. This is useful in hedging the master account trades on the copy account.
Who is it for?
- Professional Traders: Manage multiple trading accounts from a single MT4 terminal with near zero lag in execution.
- Signal Providers: Efficiently distribute your trades to clients’ accounts with high accuracy and speed.
- Account Managers: Perfect for fund managers who need to handle different accounts for multiple clients with varying risk profiles.
EA Specs
Product name | FRZ Local Trade Copier Free MT4 |
Platforms Supported | MT4 & MT5 Versions Available |
Time frames supported | Any |
Trading pairs | Any |
Current Version | 1.0 |
Pro Version Features:
- Reverse Copy Trading
- Copy Pending Orders
- Ignore TP/SL
- Per Balance Volume
Jonathan Kirski –
Thanks. it works fine
Jhony F Pacheco P –
Thanks
Terry –
execution speed is ok
But All the client side’s position will be closed when attaching to the the master account with empty position, as a result it cloesd all my drawdown position
Please be carefully!!
Henry Kunthan –
Quite useful execution is good. partial close is not supported though. Cant ask for more for a free tool
Hitesh Jayakumar –
working good. I was looking for a reverse copier for a long time