Documentation
Setup guides, configuration, trade copier usage, troubleshooting, and frequently asked questions.
Table of Contents
- Introduction
- Getting started
- Trade copier configuration
- Monitoring and analytics
- Sharing your results
- Settings and preferences
- Pricing
- Affiliate program
- FAQ
- Support
Introduction
5MTrader is a cloud-based copy trading platform for MetaTrader 5 and cTrader. Connect a master account and multiple slave accounts — from either platform, or both at once — and trades are copied automatically in real time, no local software to install, no VPS required.
It's more than a copier — it's a full trading desk. Alongside copying, every connected account gets live monitoring, a real-time terminal, performance analytics and complete trade history, all in one dashboard. See Monitoring and analytics.
Built on dedicated cloud infrastructure by API2 Labs, powered by IPTRADE.
What it does
You set one account as Master (the source) and others as Slaves (the copiers). Every trade open, modify, and close is replicated across connected accounts in under 15ms. 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
- Execution under 15ms — Trades copied in milliseconds on dedicated cloud infrastructure tuned for MetaTrader 5 and cTrader.
- Cloud-based — Everything runs on our servers. No downloads, no installation, no VPS to manage on your end. Pick shared low-latency infrastructure or upgrade to your own dedicated private server (fully provisioned and managed by us).
- Live monitoring — Watch balance, equity, open P&L and position counts for every connected account in real time, plus a live terminal of all open positions and pending orders across accounts. No refresh, no spreadsheet.
- Built-in analytics — An equity curve, drawdown, win rate, 40+ performance metrics and a proprietary 5MTrader Score (graded S to F) that rates your edge — plus a calendar heatmap and full trade history, with no third-party analytics tool required.
- Symbol translation — Different brokers, different ticker names. Map symbols (e.g. EURUSD → EURUSD.raw), add or remove prefix/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 trade direction (buy ↔ sell) for hedging or inverse strategies.
- Exact match — Force the slave to be an exact mirror of the master, automatically removing orphan orders. Off by default so manual trades on the slave are preserved.
- Per-account configuration — Each slave account has its own lot settings, symbol mappings, and copy rules.
- Configuration templates — Save a copy setup once and apply it to any account (or in bulk to every slave) in one click.
- Shareable performance cards — Export a clean, branded image of your P&L for any period to share your results.
- 24/7 uptime — Runs around the clock on our infrastructure. No need to keep anything open on your end.
- Your data stays private — We never sell or share your trading data with third parties, and you can delete it anytime. Your trades and the stats derived from them are used only to run copying and power your own monitoring and analytics.
Use cases
- Prop firm scaling — Run one strategy across multiple funded accounts (same or different brokers) with consistent risk settings.
- 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 symbol configuration.
Getting started
Setup takes under 5 minutes. No software to install — everything happens in the 5MTrader dashboard.
Step 1: Connect your accounts
- Log in at 5mtrader.com.
- Click Connect account and choose your platform — MetaTrader 5 or cTrader.
- Connect the account:
- MetaTrader 5 — enter your login number, password, and server name.
- cTrader — click Connect with cTrader and authorize access. You're redirected to cTrader's secure login (we never see your password), and every eligible account on your cTrader ID is linked automatically.
- The account appears in your dashboard, ready to configure.
Tip: No local software to install — everything runs on our infrastructure.
Step 2: Configure copy rules
- Open the Copy Trade screen, find the account and click Configure.
- Set the role: Master (sends trades) or Slave (copies trades).
- For slave accounts:
- Choose which master to follow.
- Set lot type: Multiplier (scale master volume) or Fixed lot (fixed size per trade).
- Optionally enable reverse trading, exact match, prefix/suffix, or symbol translations.
- Save the configuration.
Tip: Takes under 2 minutes — sensible defaults are set for everything. To reuse a setup across accounts, save it as a template and apply it in one click, or apply it in bulk to every slave of a master.
Step 3: Start copying
- Toggle the Enable switch on your configured accounts.
- Trades copy in real time across all connected accounts.
- Monitor status directly in the dashboard.
Tip: Runs 24/7 — no need to keep anything open on your end.
Trade copier configuration
Account roles
- Pending — Newly connected account. Inactive until you set it as Master or Slave.
- Master — Sends its trades to linked slave accounts.
- Slave — Copies trades from a chosen master account.
Enable / disable
Each account has an individual Enable toggle. When disabled, no trades are copied for that account without affecting other accounts.
Slave options
Master to follow — Choose the master account this slave copies from.
Lot type
| Mode | Description | Example |
|---|---|---|
| Multiplier | Volume = master volume × multiplier | Master opens 1 lot, multiplier 2.0 → Slave opens 2 lots |
| Fixed lot | Always uses the lot size you set | Master opens 10 lots → Slave opens 0.01 lots (fixed) |
Symbol management
- Symbol translation — Map symbols between brokers (e.g. EURUSD → EURUSD.raw). Useful when different brokers use different ticker names. Matching is case-sensitive (EURUSD and eurusd are different).
- Prefix — Add or remove a prefix from symbol names (e.g. add "Demo_" turns EURUSD → Demo_EURUSD). The prefix string is matched case-sensitively.
- Suffix — Add or remove a suffix from symbol names (e.g. remove ".raw" turns EURUSD.raw → EURUSD). The suffix string is matched case-sensitively.
Reverse trading — Inverts trade direction. Master buys → Slave sells. Master sells → Slave buys. Useful for hedging or inverse strategies.
Exact match — When enabled, the slave becomes an exact mirror of the master: any order on the slave that doesn't correspond to a master order is automatically removed (orphan cleanup). When disabled (default), only orders copied from the master are managed — orders placed directly on the slave account are left untouched.
Configuration templates
Templates let you save a complete slave setup once and reuse it everywhere — ideal when you run the same rules across many accounts.
- Save a template — Capture lot type (multiplier or fixed lot), reverse trading, exact match, prefix/suffix and symbol translations under a name you choose, from the Templates screen or directly while configuring an account.
- Apply to an account — From the Copy Trade screen, apply any saved template to a slave in one click.
- Bulk apply — Apply a template (or a master's current setup) to every slave of that master at once, so a whole book shares identical rules.
- Connect unlinked slaves — Link any unconfigured slave accounts to a master in bulk, then configure them together.
- Edit or delete — Manage your saved templates anytime from the Templates screen. Editing a template doesn't retroactively change accounts you already configured.
Monitoring and analytics
5MTrader isn't just a copier — it's a full trading desk. Every connected account is monitored live and fully analyzed, all from the same dashboard. None of these screens require you to keep MetaTrader 5, cTrader or any local software open; everything runs on our infrastructure.
Account overview
The dashboard home is a live command center for all your connected accounts. At the top, a KPI strip aggregates every account into a single view:
- Online accounts — how many of your connected accounts are currently online.
- Total balance and total equity — summed across all accounts.
- Open P&L — live profit/loss of every open position combined.
- Today's P&L — net result of the trades you've closed today.
- Open positions and pending orders — live counts across the book.
Below the strip you get a 30-day equity curve, the trades you've closed today, and a per-account live status table — balance, equity, open P&L, open positions, pending orders and online/offline status for each account — so you can tell at a glance which accounts are healthy and which need attention.
Live terminal
The terminal is a real-time view of every open position and pending order across your accounts. Each row shows the account, server, symbol, side (buy/sell), volume, open price, open time, stop loss (SL), take profit (TP) and live P&L. Filter by account, and the aggregated balance, equity and open P&L update continuously as prices move.
Statistics and analytics
A complete analytics suite computed from your closed trades — the same metrics professional desks pay for, built in:
- 5MTrader Score — a single proprietary composite grade from S to F (0–100) that rates the quality of your edge, from Top-tier edge (S, 90+) down to No edge yet (F).
- Equity curve and drawdown — cumulative P&L over time and your deepest peak-to-trough declines, including how long the longest drawdown lasted.
- Win rate — wins, losses and break-even trades, with average win and average loss.
- 40+ metrics across key ratios and advanced stats — expectancy, average win/loss ratio, recovery factor, Sharpe, Sortino and Calmar ratios, day win rate, best/worst trade, best/worst day, average holding time, Kelly %, SQN (System Quality Number), Z-score, standard deviation per trade, profit per lot, trades/winners/losers per day, and total commission and swap.
- Distributions and breakdowns — P&L distribution, trade duration, results by weekday and by hour, an activity heatmap, long vs short split, and your best and worst symbols by P&L and volume.
Every chart respects the active date range and account filters, so you can analyze a single account or your whole book over any period.
Calendar heatmap
An at-a-glance heatmap of your closed-trade P&L: green cells printed, red cells bled, each showing the net result and trade count for that period. Switch the granularity between Month, Quarter and Year, and toggle the metric shown on each cell (net P&L or trade count). Filter by account and step back and forth between periods to see exactly what drove your results.
Trade history
A complete deal history across all your accounts. Every fill shows symbol, side, volume, open and close price, commission, swap and net profit, sortable down to the ticket. Filter by account and date range to reconcile any period exactly.
How live data updates
Live figures — balance, equity, open P&L and position counts — stream continuously and refresh about once per second, so the overview, terminal and account tables always reflect your current exposure without a manual refresh. Statistics, the calendar and trade history are computed from your closed trades and update as new trades settle. You never need to keep MetaTrader 5, cTrader or any local software running for any of this — it all runs on our infrastructure.
Sharing your results
Turn any period into a clean, branded performance card you can post or send. Open the Share screen to build one, or use the quick Share action on the dashboard overview to share today's P&L instantly.
- Pick a period — Today, this week, this month, this year, or all-time.
- Choose what to show — Toggle percent of capital, balance, trade count, win rate, profit factor and your best trade on or off.
- Net or gross — Include or exclude swap and commission from the P&L shown on the card.
- Identity — Optionally show your name and/or email on the card, or keep it anonymous.
- Filter by account — Build the card from a single account or your whole book.
- Export — Download the card as an image, or share it directly on devices that support native sharing.
Tip: Your card only ever shows the figures you choose — nothing about your strategy, positions or credentials is included.
Settings and preferences
Manage your account and personalize the dashboard from the Settings screen.
- Account — Your email, name and role.
- Plan — Your current plan, status, account limit, billing period and renewal/expiry date, with a shortcut to the billing portal.
- Theme — Choose System, Light or Dark. System follows your device setting.
- Timezone — Auto-detect from your device or pick any timezone from a searchable list. All trade times, the calendar, statistics and history render in the timezone you choose.
The dashboard is also available in multiple languages — switch language from the app and your preference is remembered.
Pricing
Four plans, same product, same configuration — pick what fits your scale and infrastructure needs. No feature gating, no hidden fees. Annual billing saves 20% on every plan.
Plans
| Plan | Pricing | Infrastructure | Best for |
|---|---|---|---|
| Shared | $5/account/mo (min 3) | Shared low-latency cloud | Most users, up to ~10 accounts |
| Shared Unlimited | $50/mo flat | Shared low-latency cloud | 10+ accounts on shared infra |
| Private Server | $10/account/mo (min 3) | Your own dedicated VPS | Isolation + dedicated resources |
| Private Server Unlimited | $100/mo flat | Your own dedicated VPS | Maximum scale on a dedicated VPS |
Cost examples (monthly)
| Accounts | Shared | Shared Unlimited | Private Server | Private Unlimited |
|---|---|---|---|---|
| 3 | $15 | $50 | $30 | $100 |
| 5 | $25 | $50 | $50 | $100 |
| 10 | $50 | $50 | $100 | $100 |
| 15 | $75 | $50 | $150 | $100 |
| 50 | — | $50 | — | $100 |
- Free trial — The Shared plan includes a 7-day free trial (card required; no charge during the trial). The trial applies to the Shared per-account plan only — Shared Unlimited and Private Server plans don't include a trial.
- Annual billing saves 20% on every plan, billed upfront.
- Switch plans anytime from the billing portal — upgrades are prorated.
- Cancel anytime — cancellations take effect at the end of your current billing period.
- Manage your subscription from the Billing section in the dashboard.
Affiliate program
5MTrader runs an invitation-only affiliate program. If you're invited, you get a personal referral link and a dashboard to track everything in real time.
- Share your link — Anyone who subscribes through your referral link (or your promo code) is attributed to you.
- Lifetime commission — You earn a single commission rate on every payment your referred customers make: their first invoice and every renewal, for as long as they stay subscribed.
- Give customers a discount — Your link can carry a discount that's applied automatically at checkout on the customer's first invoice.
- Multi-level overrides — If you enroll sub-affiliates beneath you, you also earn an override on their referrals. Every level is tracked and paid separately.
- Track and get paid — Your affiliate dashboard shows clicks, referrals, pending and available balances, and payout history. Payouts are processed manually once you reach the minimum threshold.
Full terms are in the Affiliate Program Terms. Interested in joining? Email support@5mtrader.com.
FAQ
What is 5MTrader?
5MTrader is a cloud-based copy trading platform for MetaTrader 5 and cTrader. Connect a master account and multiple slave accounts, and trades are copied automatically in real time — no local installation required.
Which platforms does 5MTrader support?
5MTrader supports MetaTrader 5 and cTrader. Connect accounts from either platform — or run both side by side — and copy, monitor and analyze them all from the same dashboard. MetaTrader 5 accounts connect with login, password and server; cTrader accounts connect securely via cTrader's login, with no password ever shared.
How does pricing work?
Four plans: Shared ($5/account/mo, min 3), Shared Unlimited ($50/mo flat), Private Server ($10/account/mo, min 3, dedicated VPS), and Private Server Unlimited ($100/mo flat on a dedicated VPS). No hidden fees, no feature gating — every plan includes the full configuration. Annual billing saves 20% on every plan.
Is there a free trial?
Yes — the Shared plan includes a 7-day free trial. A card is required to start, but you won't be charged during the trial and you can cancel anytime before it ends. The free trial applies to the Shared per-account plan only; Shared Unlimited and Private Server plans don't include a trial.
When should I switch from Shared to Shared Unlimited?
At 10 accounts the math breaks even ($5 × 10 = $50 flat). Past that, every extra account is free on the unlimited plan. If you expect to grow beyond 10 accounts, switch early.
When does Private Server make sense?
Pick Private Server when you want guaranteed isolation — no shared resources, no noisy neighbors — or want predictable performance for a high-volume strategy. Private Server Unlimited ($100/mo flat) is the best fit for traders running many accounts on dedicated infrastructure.
How does the annual discount work?
Choosing annual billing applies a 20% discount across any plan for the year, billed upfront. You can switch between monthly and annual at any time through your billing portal.
How fast are trades copied?
Trades are copied in under 15ms. 5MTrader runs on dedicated cloud infrastructure tuned for low-latency execution, so trades replicate the moment the master fills.
Is my trading data private?
Yes. We never sell or share your trading data with third parties, and you can delete it at any time. We do store your trades and the statistics derived from them — that's what powers your live monitoring, history and analytics — but they're used only to operate the service for you. See our Privacy Policy.
Is 5MTrader safe for prop firms?
Yes. 5MTrader is compatible with prop firms. Trades are copied via cloud infrastructure with no data exposure to third parties.
Can I monitor my accounts and see analytics in 5MTrader?
Yes. Beyond copying, 5MTrader is a full trading desk. The dashboard gives you live balance, equity and open P&L for every account, a real-time terminal of all open positions and pending orders, a full analytics suite (equity curve, drawdown, 40+ metrics and a 5MTrader Score from S to F), a calendar heatmap and a complete trade history — no third-party tool required. See Monitoring and analytics.
How often do the live numbers update?
Live figures — balance, equity, open P&L and position counts — stream continuously and refresh about once per second, with no manual refresh needed. Statistics, the calendar and trade history are computed from your closed trades and update as new trades settle.
Can I cancel at any time?
Yes. Cancellations take effect at the end of your current billing period. You can manage your subscription from the billing portal inside the dashboard.
Can I reuse a copy configuration across accounts?
Yes. Save any setup as a template — lot type, reverse trading, exact match, prefix/suffix and symbol translations — and apply it to a single account or, in one click, to every slave of a master. See Configuration templates.
Can I share my trading results?
Yes. The Share screen turns any period into a clean, branded image of your P&L. You choose exactly what appears — percent of capital, balance, trade count, win rate, profit factor and best trade — and whether to include your name. Nothing about your strategy, positions or credentials is ever included.
Can I change the timezone or use dark mode?
Yes. From the Settings screen you can switch between System, Light and Dark themes and set any timezone (or auto-detect from your device). All trade times, the calendar, statistics and history follow the timezone you choose.
Is the dashboard available in my language?
Yes. The 5MTrader dashboard and this documentation are available in multiple languages. Your language preference is remembered across sessions.
Do I need to install anything?
No. 5MTrader is entirely cloud-based. You manage everything from the web dashboard — no downloads, no local software. If you choose a Private Server plan, the dedicated VPS is provisioned and managed by us; you still don't need to install or maintain anything.
Support
Email: support@5mtrader.com
Dashboard: Log in at 5mtrader.com/dashboard to manage your accounts, billing, and configuration.
Documentation: You're reading it — 5mtrader.com/docs.
Billing: Manage your subscription, payment methods, and invoices from the billing portal in the dashboard.
Policies:
- Billing Policy — Plans, billing cycles, cancellation
- Refund Policy — Refund terms and exceptions
- Complaints Policy — How to file and escalate a complaint
- Privacy Policy — How we handle your data
- Terms of Use — Service agreement
- Cookies Policy — Cookie usage
- Disclaimer — Trading risk warnings
Founder: Joaquin Metayer — LinkedIn
Built by: API2 Labs - Powered by IPTRADE