Prop Firm Trade Copier
Copy trades across permitted MT5 prop-firm accounts.
SIPSALGO can copy trades between MT5 Master and Slave accounts where your broker's or prop firm's rules permit trade copying. You remain responsible for checking the rules of every account you connect.
One Master, several accounts
- MasterThe account you trade
- Your rules checkCopying permitted on each account
- SlavesEach with its own sizing, mapping and limits
Master to Slave
One Master account, copied to the accounts you choose.
This page covers the prop-firm use case. For everything the Trade Copier does, see the MT5 Trade Copier.
- One MT5 account acts as the Master.
- One or more Slave accounts follow it, and each Slave follows one Master.
- You can run more than one copier setup, within your plan's Trade Copier allowance shown on Pricing.
- Copying runs in SIPS-managed cloud MT5 terminals, so there is no copier EA or VPS to run.
Per-account control
Control each Slave separately.
Accounts of different sizes, at different providers, can follow the same Master with their own settings.
Sizing per account
Fixed Lot, Lot Multiplier or Fixed % Risk, chosen separately for each Slave, so differently sized accounts can follow the same Master.
Stop loss and take profit
Copy the Master's stop loss and take profit to a Slave, with optional refinements that only move them farther from entry.
Broker Alignment
For Fixed Lot and Lot Multiplier, adjusts a Slave's lot size when its broker uses a different contract size, so both accounts take the same exposure. If a safe size can't be worked out, the trade isn't copied.
Pause an account
Pause a Master or a single Slave to stop new trades being copied. Trades already copied stay open and continue to be managed.
Settings size and shape copied trades. They do not apply any provider's rules for you. Pending orders stay on the Master and are not copied.
Different symbol names
When providers name instruments differently.
Accounts at different providers often use different names for the same instrument. SIPS aligns them for each Slave, and never guesses.
- Identical names are mapped automatically.
- Known aliases are resolved from both accounts' live MT5 symbol lists.
- Anything unresolved is marked Mapping Required and is not copied until you map it.
Prop Account Progress
Follow each account against the limits you set.
For a Slave account, SIPS can show progress against limits you enter, using that account's own reported data.
Your own limits
A Profit Target, Maximum Drawdown and Daily Drawdown that you enter for the account.
Progress and status
Progress towards the target and drawdown use against each limit, shown as Within Limits, Watch or Action Needed.
Drawdown history
The account's drawdown over time and its daily drawdown for the last 30 days, from the account's own reported data.
These are monitoring values based on the limits and account data in SIPS. They are not official rules verified with any prop firm. SIPS does not close trades or stop an account when a limit is reached, and does not guarantee compliance with any provider's rules.
Account connection
Connected
- The MT5 account is signed in and reporting
- On its own, this does not mean trades are being copied
- Connected
- Stale
- Disconnected
- Paused
Copier readiness
Ready to Copy
- Shown only once SIPS has confirmed the Master and that Slave are both active in the copying path
- Copier status shows when a setup is activating, paused or needs attention
- Activating
- Active
- Paused
- Needs Attention
Responsible use
Before you connect a prop-firm account.
Rules differ between providers and account types, including challenge and funded accounts, and they can change. Check the provider's current terms for every account. This is not legal advice, and SIPSALGO cannot tell you what a specific provider allows.
- Whether trade copying is permitted on the account at all.
- Whether copying between your own accounts is permitted.
- Any restriction on third-party copier software.
- Any restriction on coordinating trades across accounts.
- The maximum risk, drawdown and other trading conditions that apply.
- Any other rule specific to that provider or account type.
How it works
Setting up copying across your accounts.
01
Check your provider's rules
Confirm that each broker or prop firm you use permits trade copying for your accounts.
02
Connect the Master
Use Connect Account, choose the Master role, then enter the broker or prop firm server, MT5 account number and trading password.
03
Connect each Slave
Connect each Slave the same way, choose the Master it follows and set its trading limits.
04
Set risk and symbol mapping
Choose each Slave's sizing and stop loss / take profit settings, and check its symbol mapping.
05
Wait for Ready to Copy
SIPS confirms the copying path before it shows a Slave as Ready to Copy.
06
Monitor in SIPS
Follow copier status, account activity and each account's progress from the Trade Copier pages.
The full product
This page is one use case of the SIPS Trade Copier.
Risk settings, symbol mapping, readiness, Copy Performance and Activity are covered in full on the main Trade Copier page and in the Trade Copier documentation.
FAQ
Prop-firm copying questions.
Can I use SIPSALGO with a prop-firm MT5 account?
The Trade Copier works with MT5 accounts, including prop-firm accounts, where your broker's or provider's rules permit trade copying. You are responsible for checking those rules for every account you connect.
Is SIPSALGO approved by prop firms?
No. SIPSALGO is not a prop firm or a broker, has no approval from any prop firm, and does not guarantee that any provider will allow copying or accept your accounts.
Does every prop firm allow trade copying?
No. Rules vary between providers and account types, and they can change. Check each provider's current rules before connecting an account.
Can I use different risk settings on each Slave?
Yes. Each Slave has its own sizing (Fixed Lot, Lot Multiplier or Fixed % Risk), stop loss and take profit settings and, where relevant, Broker Alignment.
Can Master and Slave accounts use different symbol names?
Yes. SIPS maps identical names automatically and resolves known broker aliases from both accounts' live symbol lists. Anything it can't resolve is marked Mapping Required for you to map manually; it never guesses.
Does SIPS automatically enforce prop-firm drawdown rules?
No. Prop Account Progress shows the limits you entered against the account's data. SIPS does not verify a provider's rules, and it does not close trades or stop an account when a limit is reached.
Plans
Compare plans that include the Trade Copier.
Trade Copier availability and account allowances are shown on the Pricing page. The Trade Copier is being introduced in stages, so it may not yet be enabled on every account.
Software and risk notice. SIPSALGO provides software tools for strategy and portfolio analysis. Trading and investment decisions involve risk, and analytical tools cannot guarantee future performance. Nothing on this page is financial advice or a recommendation to trade.