Test Local Trade Copier EA MT4/5© on MetaTrader demo accounts before purchasing.
The free demo is fully operational for up to 4 hours at a time and allows you to test trade synchronization, lot sizing, trade filters, symbol configuration, TP/SL management and other Receiver settings using your own MT4 or MT5 demo accounts.
You can test MT4 → MT4, MT5 → MT5 or MT4 ↔ MT5 trade copying before deciding which version you need.
Use this version when the MetaTrader terminal is MT4.
Use this version when the MetaTrader terminal is MT5.
For MT4 → MT5 or MT5 → MT4 testing, download both demo versions and install the appropriate version in each MetaTrader terminal.
Important: The free demo is intended for demo accounts only.
Download the MT4 or MT5 demo above according to the MetaTrader platform you want to test.
For cross-platform MT4 ↔ MT5 copying, download both versions.
In MT4 or MT5, go to:
File → Open Data Folder
Then open:
MQL4 → Experts for MT4
or
MQL5 → Experts for MT5.
Place the downloaded demo file in the appropriate Experts folder.
The MT4 demo file uses the .ex4 format and must be installed in MT4.
The MT5 demo file uses the .ex5 format and must be installed in MT5.
Close and restart your MT4 or MT5 terminal so that MetaTrader loads the newly installed Expert Advisor.
You should then find Local Trade Copier EA MT4/5© in the Navigator → Expert Advisors section.
Open a chart on the MetaTrader account that will act as the Transmitter.
Attach Local Trade Copier EA MT4© or MT5© to the chart and select the appropriate Transmitter operating mode.
Open a chart on the MetaTrader account that will act as the Receiver.
Attach Local Trade Copier EA MT4© or MT5© and configure it as the Receiver.
Make sure the Receiver is configured to connect to the correct Transmitter.
Make sure automated/algorithmic trading is enabled in MetaTrader and that the EA is permitted to trade on the Receiver account.
The Receiver must use normal trading access. An investor/read-only password cannot execute copied trades.
Open a small test trade on the Transmitter demo account.
Check that the corresponding trade appears on the Receiver according to the settings you selected.
You can then test trade modifications, Stop Loss and Take Profit changes, partial closures, full closures and other copying functions.
Ready to evaluate the complete workflow? Follow our trade copier demo checklist for expected results, exclusion tests and a simple record sheet.
The free demo allows you to explore the actual trade-copying workflow and configure different Receiver settings before purchasing.
This allows you to test the copier with your own MetaTrader demo setup rather than relying only on product descriptions or feature lists.
You can test:
MT4 → MT4 trade copying
MT5 → MT5 trade copying
MT4 → MT5 copying
MT5 → MT4 copying
Market trade synchronization
Pending order copying
Stop Loss and Take Profit synchronization
Trade modifications and closures
Partial closures
Different lot sizes on Receiver accounts
Lot sizing and risk-management methods
Symbol filters
Magic-number and comment filters
Buy/Sell direction controls
Transmitter and Receiver symbol suffix configuration
Special Symbol mapping for different broker symbol names
Reverse copying
Trading day and time controls
Receiver account-protection settings
The free demo operates for up to 4 hours at a time.
To reset the demo period, in MetaTrader go to:
Tools → Global Variables
Then use:
Ctrl + A → Delete
Restart or reload the demo EA as required and begin a new testing session.
Deleting MetaTrader Global Variables can also remove variables used by other Expert Advisors or trading tools installed in that terminal.
Perform this procedure only in a non-essential demo environment where deleting existing Global Variables will not affect other EAs or important settings.
Do not perform this reset procedure on a prop-firm challenge account or any account containing important EA Global Variables.
MT4/MT5 Trade Copier Quick Setup Video
Watch how Local Trade Copier EA MT4/5© is configured between Transmitter and Receiver MetaTrader accounts.
Follow the same basic procedure using your demo accounts and the free demo versions downloaded above.
If you need more detailed information about installation, configuration or troubleshooting, use the following guides:
Installation & User Guide
Complete instructions for installing and configuring Local Trade Copier EA MT4/5©.
Settings & Inputs Guide
Detailed explanations of the available trade-copying, lot-sizing, filtering, symbol-handling and account-protection settings.
Troubleshooting Guide
Solutions for common setup, connection, symbol, lot-size and trade-copying problems.
If you still need assistance after checking the guides, contact us for support.
* Both Local Trade Copier EA MT4© and Local Trade Copier EA MT5© are required for MT4→MT5 or MT5→MT4 copying.
⭐ MT4 & MT5 Trade Copier Guides & Resources
Choosing the right trade copier involves understanding how different solutions handle platform compatibility, multiple accounts, broker and symbol differences, trade synchronization, lot sizing, risk management, account protection, infrastructure and long-term cost.
Our MT4 and MT5 trade copier guides explore these topics in greater detail, with practical information to help you evaluate different trade-copying requirements, understand important features and configure Local Trade Copier EA MT4/5© for different trading environments.
Explore the resources below for detailed information about choosing, setting up and using an MT4/MT5 trade copier.