Description

FRZ Local Trade Copier for MT4/MT5 – Local Copy Trading Software

FRZ Local Trade Copier is a complete plug-and-play local trade copier for MT4 designed to replicate trades instantly between multiple MetaTrader accounts running on the same computer or VPS. This system allows you to copy trades from one master account to one or more slave accounts with real-time synchronization and minimal delay.

⚠️ This is a LOCAL trade copier only.
Both MetaTrader platforms must be installed on the same PC or VPS.

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Installation & Usage Video

How the Local Trade Copier Works

The EA uses a Master–Slave architecture.

• The Master account executes trades.

• The Copier EA reads trade data from the Master.

• Trades are replicated instantly to one or more Slave accounts.

The system saves trade information into a shared CSV file:

TradeCopy.csv
Location:
C:\Users[username]\AppData\Roaming\MetaQuotes\Terminal\Common\Files\

The slave EAs read this file and replicate:

• Market orders

• Pending orders

• SL/TP modifications

• Trade closures

Real-time synchronization ensures minimal execution delay.

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Important Operational Notes

• Both Master and Slave terminals must be on the same PC or VPS.

• Remote copying to another PC/VPS is NOT supported.

• Partial trade closure is not supported.

• Any existing trades on the slave account will be closed when the EA starts.

• If trades are not copying, ensure the TradeCopy.csv file and folder have Read & Write permissions enabled.

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Key Features of the Copy Trading System

• Master to multiple Slave copying

• MT4 ↔ MT5 cross-compatibility

• Real-time synchronization

• Market and pending order copying

• SL/TP modification copying

• Customizable lot sizing

• Reverse trade copying

• Pip tolerance control

• Advanced SL/TP control options

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MT4 & MT5 Inter-Compatibility

You can copy:

• MT4 Master → MT5 Slave

• MT5 Master → MT4 Slave

As long as the correct version is installed on each terminal.

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Pro Version Features

• Reverse Copy Trading

• Copy Pending Orders

• Ignore TP/SL

• Per Balance Volume scaling

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Local Trade Copier Setup Guide

Installation Steps

1. Install Master and Slave MT4/MT5 terminals on same PC or VPS.

2. Attach Master EA to the master account.

3. Attach Copier EA to each slave account.

4. Ensure:

   • No open trades exist on slave accounts.

   • TradeCopy.csv file has read/write permissions.

5. Enable Auto Trading.

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Backtesting and Performance Testing

This EA cannot be traditionally backtested.

Testing should be done using:

• Demo Master account

• Demo Slave account

• Live synchronization verification

You should verify lot scaling and reverse mode before live usage.

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Who Should Use This Trade Copier?

Suitable for:

• Professional traders managing multiple accounts

• Signal providers distributing trades

• Prop firm traders duplicating strategies

• Account managers handling multiple clients

Not suitable for:

• Remote copy trading between different VPS locations

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Technical Specifications

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Frequently Asked Questions

Is this trade copier free?

There is a free version available. A Pro version with additional features is also available.

Does it support multiple accounts?

Yes. One Master can copy to multiple Slave accounts.

Can I copy trades locally?

Yes. It works only when all MetaTrader terminals are installed on the same PC or VPS.

Does it support remote copying?

No. Remote PC/VPS copying is not supported.

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User Manual

👉User Manual of FRZ Local Trade Copier

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Recommended Broker & VPS

We recommend using a low-spread broker and a reliable VPS.

• Recommended Broker: IC Markets. If ICMarkets not available in your country, please use IC Trading.
• Recommended VPS Provider: Contabo VPS.

You may contact us on live chat in case you need any support in this regard.

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Support & Updates

All paid customers receive:

✔ Access to detailed user manuals
✔ Free remote installation support for first installation (within 30 days)
✔ General live chat and email ticket support
✔ Free lifetime updates (as per policy)

You may check out our full Support Policy for more details.

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Risk Disclaimer

Trading in financial markets involves substantial risk and may not be suitable for all investors. Our software is provided “as is” without any guarantee of profit. You are advised to test thoroughly on demo accounts before trading live. Please review our full terms and conditions before purchasing.

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Related Trading Categories

Copy Trading Tools