Documentation
Setup guides, configuration, trade copier usage, troubleshooting, and frequently asked questions.
Table of Contents
- Introduction
- System requirements
- Installation
- Demo example
- Trade copier configuration
- Troubleshooting
- FAQ
- Support
Introduction
5MTrader is trade copying software that replicates trades between multiple accounts in real time. It runs entirely on your machine—no cloud, no middleman. You get one IP for all accounts, full control, and zero exposure of your data. Built by 5MTrader LLC for traders who need reliability, speed, full control and prop-firm compliance.
What it does
You set one account as Master (the source) and others as Slaves (the copiers). Every open, modify, and close is mirrored across connected accounts with zero added latency (TCP on your machine). No manual re-entry, no missed trades. Ideal for running the same strategy on several brokers, scaling prop firm passes, or mirroring a personal account to funded accounts.
Features
- Cross-platform copying — Copy between MetaTrader 4, MetaTrader 5, and cTrader in one app. Master on MT5, slaves on cTrader or MT4—all supported (trading platform availability depends on OS).
- Bot-based connection — Lightweight bots run inside your terminals and talk to the 5MTrader app. No VPS required for the app itself; you can still use a Windows VPS for 24/7 copying.
- Symbol translation — Different brokers, different ticker names. Map symbols (e.g. EURUSD → EURUSD.a), add/remove prefix or suffix, so slaves always trade the correct instrument.
- Flexible sizing — Use a multiplier (e.g. 1.5× master volume) or fixed lot (e.g. 0.01 on every copy). Suits prop rules and risk preferences.
- Reverse trading — Invert direction (buy↔sell, limit↔stop, SL↔TP) for hedging or inverse strategies.
- Global engine switch — One toggle to pause all copying without changing account settings—useful for quick stops or maintenance.
Benefits
- Single IP for all accounts — All copies originate from the same machine (and thus same public IP). Prop firms see one consistent IP; no multi-IP or “different location” issues.
- Privacy and control — Everything runs locally. No trade or account data is sent to external servers. Your edge and history stay on your side.
- Speed — Zero added latency. TCP communication on your machine, no round-trip to a remote server. Copies execute as fast as your platform and broker allow.
- One app, multiple platforms, unlimited connections — One subscription, one dashboard and unlimited account connections. Manage MT4, MT5, and cTrader connections and configurations from a single place.
Use cases
- Prop firm scaling — Run one strategy across multiple funded accounts (same or different brokers) with one IP and consistent risk (e.g. fixed lot per account).
- Multi-broker redundancy — Same signals on several brokers for execution diversity or backup.
- Personal + funded — Trade your own account as Master and mirror to prop/funded Slaves with adjusted lot sizes.
- Copy services / signal providers — Use your Master as the source and connect client Slaves with their own sizing and symbols.
- Your own copy trading server — Set up 5MTrader on a VPS (any Windows VPS works) to run 24/7 with all your accounts connected. No need to keep your PC on—your copy trading server runs around the clock, copying trades automatically.
For technical requirements, installation steps, and configuration details, use the sections below.
System requirements
Minimum
- OS: Windows 10/11 or macOS (Apple Silicon / ARM64)
- RAM: 8 GB
- Disk: 2 GB free
- Network: Stable internet
Platforms
- Windows: MetaTrader 4, MetaTrader 5, cTrader
- macOS: cTrader only
Why macOS is cTrader-only: MT4/MT5 automation depends on Windows terminal behavior (EAs, DLLs, process model). On macOS, MetaTrader is often offered via compatibility layers that don’t support reliable automation. So MT4/MT5 copying is Windows-only; macOS supports cTrader.
VPS: You can run 5MTrader on a Windows VPS for 24/7 operation.
Installation
Full step-by-step demo: Demo example.
Step 1: Download and install the app
- Log in at 5mtrader.com.
- Download the latest 5MTrader installer for your OS (Windows
.exeor macOS.pkg). The link will provide the correct version for your system. - Run the installer and follow the wizard (about 1 minute).
- Log in to the app with your preferred method:
- Via web: Open the 5MTrader website to authenticate.
When you log in, depending on your operating system, you will see two types of setup:
- macOS: Supports cTrader only. You will see "Connect cTrader accounts".
- Windows: Supports all platforms (cTrader, MetaTrader 4 and MetaTrader 5). You will see both "Connect cTrader accounts" and "Install MetaTrader bots".
Set up MetaTrader accounts
- In the 5MTrader app, click Install bots to install the 5MTrader bot on your trading platform. If MetaTrader is already open, close and reopen it (or refresh) so the bot loads.
- Add the 5MTrader bot to a chart on each platform. Allow DLL imports, automated trading, and live trading when prompted. Wait for the MetaTrader accounts to appear in the 5MTrader app.
- Accounts appear as Pending to configure when linked to the app.
Set up cTrader accounts
- In the 5MTrader app, click Add cTrader accounts to open the cTrader authorization page in your browser.
- Select the accounts you want to add and click Allow. You will then be redirected to the app; it will receive your account data and add your cTrader accounts as Pending, ready to configure.
Step 2: Configure and start trading
- Edit the pending account, convert it to Master or Slave, and set the options you need.
- Once configured, start copying. For more options, see Trade copier configuration.
Demo example
You can see the full step-by-step demo in the sections below. Use this when you set up 5MTrader for the first time.
5MTrader – Windows
5MTrader – Mac
Trade copier configuration
Applies to 5MTrader.
Account types
- Pending — Newly connected; inactive until you set Master/Slave and options.
- Master — Sends its trades to slaves.
- Slave — Copies from a chosen master.
Basic flow
- Connect the account (bot on platform) → it appears as Pending.
- Set type: Master or Slave (pick master to follow) and configure options.
- Turn the Copy Engine ON (global toggle) to start copying. When it’s OFF, no copy actions run.
Copy engine (global on/off)
The Copy Engine toggle (top banner) is the only on/off control: it starts or stops the whole copy engine.
- ON — Copying runs as configured for all connected Master/Slave pairs.
- OFF — No copy actions run; all copying is paused regardless of connection state.
Use it to pause or resume all copying without changing account settings.
Connection state
- Online / Offline / Pending: Whether the bot is connected to the app. Status updates come from the bot; if the app doesn’t get a connection for ~30 seconds, the account shows Offline.
- Offline = can’t copy (no connection). Copying only runs when the account is Online and the Copy Engine is ON.
Slave options
Master to follow — Choose the master account. "None" = slave inactive.
Size mode
- Multiplier — Volume = master volume × multiplier.
- Fixed lot — Use the lot size you set.
Symbols
- Symbol translation — Map different symbols between brokers (e.g. EURUSD ↔ EURUSD.a).
- Prefix / suffix — Add or remove text (add/remove mode). Example: suffix remove ".a" if the broker uses "EURUSD.a".
Reverse trading — Inverts buy/sell, limit/stop, and SL/TP. Orders below 0.01 lot are not sent.
Troubleshooting
Connections fail (Offline / no updates)
- Turn Copy Engine OFF then ON (global toggle).
- Close and reopen 5MTrader.
- If still failing: remove all accounts, reconnect, and reconfigure Master/Slaves.
Sleep / suspend
When the computer sleeps, network and bots can drop; accounts may go Offline. Prefer disabling sleep while running 5MTrader, or use a Windows VPS for 24/7. After wake, wait a bit for reconnect; if not, use the steps above.
cTrader symbol name missing
Some cTrader brokers don’t expose a reliable symbol name in the feed. Without it, 5MTrader can’t safely translate or match the instrument and the slave may not copy. Prefer instruments with consistent symbol IDs, use Symbol translation when you know the mapping, or accept that some symbols may not be copyable.
FAQ
What is 5MTrader?
5MTrader has one product: 5MTrader. It’s the local trade copier for Windows and macOS—cross-platform copying (MT4, MT5, cTrader) with full configuration. Everything runs on your machine. On macOS, cTrader is supported.
How does 5MTrader work?
You set one account as Master (source) and others as Slaves (copiers). Trades are replicated in real time with zero added latency (TCP on your machine). 5MTrader runs on your computer—all processing is local, with one IP for all accounts and no data sent to external servers.
Is 5MTrader safe for prop firms?
Yes. All accounts use the same IP (prop firm compliant), processing is local, and there is no data exposure to external servers. 5MTrader is a safe alternative to Traders Connect and Social Traders Tools for prop firm traders.
Can I copy trades across different platforms?
Yes. With 5MTrader you can copy between MetaTrader 4, MetaTrader 5, and cTrader, across different brokers. Symbol translation, prefix/suffix, and lot size are handled automatically.
What are the system requirements?
Windows 10/11 or macOS (Apple Silicon / ARM64), 8 GB RAM minimum, 2 GB free disk space, stable internet. The app is lightweight and runs on most modern machines.
Which trading platforms are compatible?
Windows: MT4, MT5, cTrader. macOS: cTrader.
Can I use 5MTrader on Mac?
Yes. 5MTrader supports macOS (Apple Silicon / ARM64) with cTrader. For MT4/MT5, use Windows (PC or Windows VPS).
Why does my IP change when I switch Wi‑Fi / networks?
5MTrader runs on your machine, so accounts use the public IP of the network you’re on. Changing Wi‑Fi or location changes that IP. For a stable IP (e.g. for prop firms), use one network consistently or run 5MTrader on a Windows VPS.
Why do my cTrader accounts show a different ID?
cTrader can use several identifiers (broker login, account number, internal API ID). 5MTrader may show the one used for routing copy events, which can differ from your broker portal. Use a Nickname in 5MTrader and confirm by platform, broker, and balance/equity.
Is my data private and secure?
Yes. All copying is local. No trade or account data is stored on external servers; your strategies and history stay on your side. Zero exposure to third parties.
How many accounts can I connect?
Free plan: Up to 3 accounts, fixed lot 0.01. Unlimited plan: Unlimited accounts, full configuration.
Do I need separate subscriptions?
No. One subscription covers 5MTrader (the only product).
How difficult is the installation?
Setup usually takes about 5 minutes. You install the app and then the bots on your platforms. The process is guided.
Can I use 5MTrader on a VPS?
Yes. You can run 5MTrader on a Windows VPS for 24/7 operation. Recommended if you don’t want to keep your PC on all the time.
What's the latency and speed?
Zero added latency. Communication between the app and platforms uses TCP on your machine, so there’s no round-trip to external servers. Trades are replicated as fast as your platform and broker allow.
What does 5MTrader include?
Full local trade copying: MT4, MT5, and cTrader support, symbol translation, prefix/suffix, multiplier and fixed lot, reverse trading, and one IP for all accounts. Suitable for prop firms and any multi-account setup.
Support
- Email: support@5mtrader.com
- Website: 5mtrader.com Founder: Joaquin Metayer — Founder — LinkedIn