Documentation
Setup guides, configuration, trade copier usage, troubleshooting, and frequently asked questions.
Table of Contents
Introduction
5MTrader is a cloud-based copy trading platform built exclusively for MetaTrader 5. Connect a master account and multiple slave accounts, and trades are copied automatically in real time — no local software to install, no VPS required.
Built on dedicated AWS 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 50 milliseconds. 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 AWS infrastructure optimized exclusively for MT5.
- 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).
- 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.
- 24/7 uptime — Runs around the clock on our infrastructure. No need to keep anything open on your end.
- Full data privacy — Zero trade data stored or analyzed. No access to your trading strategy. Your trades stay completely private.
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.
- Enter your MetaTrader 5 login number, password, and server name.
- 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
- Select an 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.
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.
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 |
- 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.
FAQ
What is 5MTrader?
5MTrader is a cloud-based copy trading platform built exclusively for MetaTrader 5. Connect a master account and multiple slave accounts, and trades are copied automatically in real time — no local installation required.
Why does 5MTrader only support MT5?
By focusing exclusively on MetaTrader 5 we eliminate platform bloat and deliver faster execution. Every resource goes toward one platform, which means lower latency and higher reliability for your trades.
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.
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 50 milliseconds. 5MTrader runs on dedicated AWS infrastructure optimized exclusively for MT5, so there's no overhead from supporting other platforms.
Is my trading data private?
Yes. 5MTrader stores zero trade data and has no access to your trading strategy. Your trades stay completely private, no exceptions.
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 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.
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