MT5 Trade Copier
MT5 Trade Copier for Multiple Accounts.
Copy trades from one Master MT5 account to the Slave accounts that follow it, with risk settings for each Slave, broker symbol mapping and live operational monitoring, all from one platform. Copying runs in SIPS-managed cloud MT5 terminals, so there is no copier EA to install and no VPS to run.
One copier setup
Master
Your trading account
Slave
Fixed Lot
Slave
Lot Multiplier
Slave
Fixed % Risk
Each Slave has its own sizing, stop loss / take profit settings and symbol mapping.
Master and Slaves
One Master. Multiple Slaves.
One MT5 account acts as the Master, and the Slave accounts linked to it follow its trades. Together they form one copier setup, and you manage each setup from the Trade Copier area of SIPS.
One Master
The MT5 account you trade on. Its trades are the ones copied.
Linked Slaves
Each Slave follows one Master and receives its new trades, sized by that Slave's own settings.
More than one setup
A copier setup is one Master plus its Slaves. You can run several setups, within your plan's Trade Copier allowance.
Every Master and every Slave uses one Trade Copier account. Which plans include the Trade Copier, and how many accounts each includes, is shown on our Pricing page.
Risk settings
Control risk on each Slave.
Every Slave has its own sizing rule and stop loss / take profit settings, so accounts of different sizes, or at different brokers, can follow the same Master in their own way.
Fixed Lot
Every copied trade uses the lot size you set for that Slave.
Lot Multiplier
A percentage of the Master's size: 100% copies the same size, 50% half, 200% double.
Fixed % Risk
Sizes each trade so the loss at the copied stop loss is the percentage of the Slave's balance you choose. Trades without a stop loss are not copied in this mode.
Copy Stop Loss & Take Profit
Copy the Master's stop loss and take profit, with optional refinements that can only move them farther from entry.
Broker Alignment
For Fixed Lot and Lot Multiplier: adjusts the Slave's lot size when the two brokers use different contract sizes for a symbol, so both accounts take the same market exposure. If a safe size can't be worked out within the Slave broker's volume limits, the trade isn't copied.
Pause and resume
Pause a Master or a Slave to stop new trades being copied. Trades already copied stay open and continue to be managed until they close.
Pending orders stay on the Master and are not copied. Copied trades are real trades on your Slave accounts, so check each Slave's settings before relying on copying.
Broker symbol mapping
Different brokers, different symbol names.
The same instrument is often named differently at different brokers. SIPS aligns each Master symbol with the right instrument on each Slave, and never guesses.
- Identical symbol names are mapped automatically.
- Known broker aliases are resolved automatically from both accounts' live MT5 symbol lists.
- Anything SIPS can't resolve is marked Mapping Required, and is not copied until you map it.
- Manual mappings are set per Slave and always take priority. Invalid mappings are rejected.
Copying readiness
Connected is not the same as Ready to Copy.
An MT5 account can be connected before copying is actually running. SIPS keeps the two states separate: a Slave is shown as Ready to Copy only once SIPS has confirmed that it and its Master are both active in the copying path.
Account connection
Whether each MT5 account is connected and reporting, or stale or disconnected.
- Connected
- Stale
- Disconnected
- Paused
Copier status
Whether each Master and its Slaves are activating, copying, paused or need your attention.
- Activating
- Active
- Awaiting Slave
- Paused
- Needs Attention
Setup health
A recent health reading for each copier setup. If it is missing or out of date, the setup is flagged for review.
- Healthy
- Watch
- Needs Review
Operational visibility
See what your copier is doing.
The Trade Copier area brings your accounts, copier setups, copied executions and account activity together in one place.
Overview
The health of each copier setup at a glance, with anything that needs attention.
Accounts
Every Master and Slave, its connection state and its own account detail.
Copiers
Each Master with its Slaves, their settings, symbol mappings and copier status.
Copy Performance
Copy outcomes from SIPS's own execution records. Where there is nothing genuine to report, it shows a dash rather than an estimate.
Activity
Trades placed and closed on your accounts, and other copy events.
The Trade Copier sits alongside SIPSALGO's strategy and portfolio analysis tools. Linking a SIPS portfolio to a copier is optional.
Multi-account workflows
Copying across multiple accounts, including prop-firm accounts.
SIPSALGO can manage MT5 copying across several trading accounts, including prop-firm account workflows, where your broker's or provider's rules permit trade copying.
- Each Slave keeps its own sizing, so differently sized accounts can follow the same Master.
- Each account can carry its own trading limits for monitoring. SIPS shows them; it does not close trades for you.
- You remain responsible for checking the rules of each broker and prop firm you use.
- SIPSALGO is not a prop firm or a broker, and does not guarantee any provider's eligibility or compliance.
Copying across prop-firm accounts specifically? See the prop firm trade copier use case.
How it works
Four steps to copying.
Every account is added with the same Connect Account wizard, using your MT5 account details, not your SIPS sign-in.
01
Connect your Master
Use Connect Account, choose the Master role, then enter the broker server, MT5 account number and trading password.
02
Connect your Slaves
Connect each Slave the same way and choose the Master it follows. Every Master and Slave uses one Trade Copier account.
03
Set risk and mapping
Choose each Slave's sizing, stop loss and take profit settings, and check its symbol mapping.
04
Ready to Copy, then monitor
SIPS confirms the copying path before showing Ready to Copy. Then follow it from the Trade Copier pages.
For the full walkthrough of settings, mapping and statuses, read the Trade Copier documentation.
FAQ
Trade Copier questions.
What is an MT5 Trade Copier?
Software that copies trades from one MetaTrader 5 account to others. In SIPSALGO, trades placed on your Master account are copied to the Slave accounts that follow it, using each Slave's own settings.
Can one Master copy to multiple Slave accounts?
Yes. A Master can have one or more Slaves, and you can run more than one Master. The number of Trade Copier accounts available depends on your plan, as shown on the Pricing page.
Can Master and Slave accounts use different broker 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.
Can I control risk separately on Slave accounts?
Yes. Each Slave has its own sizing (Fixed Lot, Lot Multiplier or Fixed % Risk), its own stop loss and take profit settings and, where relevant, Broker Alignment.
Can SIPSALGO be used with prop-firm MT5 accounts?
It can be used 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. SIPSALGO is not a prop firm or a broker and cannot guarantee eligibility or compliance.
How do I know when a Slave is ready to copy?
An MT5 account showing Connected is not, on its own, ready to copy. SIPS shows Ready to Copy only after it has confirmed that the Master and that Slave are both active in the copying path.
Plans
Compare plans that include the Trade Copier.
Trade Copier availability and current account allowances are shown on the SIPSALGO 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.