Local Trade Copier is a trade mirroring software which helps traders and account managers duplicate trading positions between multiple accounts running on the same computer or VPS.
Helps Forex traders duplicate trading positions between multiple accounts running on the same computer or VPS so they don’t need to repeat the same trade operations on each MT4 platform individually. This saves a lot of time so that you can trade on multiple MetaTrader 4 accounts simultaneously by mirroring trades from one main account.
LTC allows to open the same trades on many MT4 accounts at the same time regardless of account type. Trades can be replicated between any type of MT4 account including: real account, demo account, spread betting account, PAMM/MAM account, etc.
Using the “Reverse Trading” technology, this forex copier program can turn a losing trading strategy into a winning one. The trick here is to mirror positions from a losing master account into a client account and change trade direction.
When you are involved in copy trading and follow accounts on MQL5 Market, Zulutrade, MyFxBook Autotrade and similar networks, usually each strategy requires a new account to be opened. If you have 3 accounts following individual strategies and have MT4 investor password (read-only view), then using my Forex trade copier you can merge them all into one MT4 account.
With Local Trade Copier you can mirror the trades of any trading bot which is locked to your MT4 account. For example, when buy some automated Forex EA it will likely be locked to your MT4 account number. This means you can use it only on one account. But no one prevents you from copying EA trades to other MT4 accounts.
My MetaTrader account copier allows you to duplicate trading from your small account at some overseas unregulated Forex broker into your bigger account you have with a regulated broker you can trust.
My forex copier software is a great choice for anyone who wants to become account manager immediately without the need of opening MAM/PAMM accounts with the broker.
With my trade copier, you can become an independent Forex account manager and manage MT4 accounts of your friends, family, and other investors. You can buy a Forex robot or trading strategy for your account and mirror its trading to other accounts.
No Trial version. But you can rent the software for a low monthly fee with a 30-day money back guarantee.
It’s quite easy to duplicate trades between many MetaTrader 4 accounts using the Local Trade Copier. Anyone with experience in MetaTrader 4 can setup master and client apps within 5 minutes and start copying trades.
Attach LTC Client EA to all MT4 client accounts you want to copy the trades to. You can add or remove client accounts from your setup anytime you want. To run the Client EA you do not have to input a license key, which makes it easier to operate the Local Trade Copier software. Only Server EA requires you to input a license key. Only one chart needs to have Client EA attached per MT4 client account to copy all trades of all the instruments. EA can be attached to any chart or any time frame, but I recommend EURUSD. I highly recommend using a separate empty chart for the LTC Client EA and do not attach any other indicators or scripts to the same chart window. You can start a Client EA with default settings and learn all different options along the way. By default, Client EA uses Signal_Provider_ID=1, which means it will listen for trading signals to all Server EAs operating with the same ID, or in other words, in the same group #1. You can use this parameter to have different groups of accounts on the same computer copying different strategies. It is also possible to set a list of master accounts to follow using the FilterMasterAccounts parameter. Details are explained in the instruction manual.By default, Client EA will copy the trades risking the same amount in percentage according to master and client account difference and deposit currency. With LTC it is possible to determine the risk factor for each client account separately. In other words, LTC can handle different lot sizes for different accounts independent of their balance. LTC does all the necessary conversion so if the client account is 5x times bigger the position size copied will be 5x times bigger as well as an example. Local Trade Copier has 5 risk management options. Once started, LTC Client EA will start listening to all Server EAs running on the same computer non-stop for new trades and existing trade changes and apply them immediately.