FX Blue TradeCopy: Fast, Simple MT4/MT5 Copy Trading

FX Blue TradeCopy – Fast, simple MT4/MT5 copy trading for multiple accounts

If you manage more than one trading account, you’ve probably felt that pain of clicking the same order three times… then closing it three times. FX Blue TradeCopy fixes that. It’s a lightweight copier for MetaTrader that mirrors trades from a “master” (sender) account to any number of “slave” (receiver) accounts—within the same PC/VPS or, if you want to go over the internet, via FX Blue’s Trade Mirror option. Setup is quick, latency is tiny (limited mostly by your broker), and you get loads of controls like risk-based sizing, reverse (invert) trading, symbol filters, and per-strategy rules—handy for prop firm rules or client accounts.

What is FX Blue TradeCopy?

“FX Blue TradeCopy” is the nickname traders use for two related FX Blue tools:

Personal Trade Copier – copies trades between MT4/MT5 terminals running on the same machine (your PC or VPS). This is the fastest and easiest route for most people.

Internet Trade Mirror – sends trades over the internet between different computers (e.g., from your home VPS to a client’s VPS). It’s a bit more involved than the personal copier but lets you broadcast to subscribers.

Both support MT4 and MT5, both can copy manual or automated (EA) trades, and both let receivers customize risk, filter symbols, or even invert directions if needed.

Who is it for?

Prop firm traders running several funded accounts

Signal providers or PAMM/MAM managers who need consistency

Individuals splitting strategies across multiple brokers to diversify execution and risk

Key Features (why traders love it)

Near-instant replication on the same PC/VPS (bottleneck is usually your broker’s execution, not the copier).

MT4 and MT5 support—mix and match installations on the same machine.

Flexible lot sizing: fixed, multiplier, or risk-based sizing tied to stop-loss distance—great for normalizing accounts with different balances.

Reverse trading: invert BUY↔SELL to run a contrarian copy on test accounts without changing your master EA.

Selective copying: include/exclude symbols, magic numbers, order types; copy only certain strategies.

Symbol mapping: handle suffixes like “.r” or “_pro” so EURUSD on the master matches EURUSD.r on the receiver. (This concept is standard across copiers; ensure suffixes are mapped correctly.)

Partial closes & modifications: updates on the master flow down to receivers for consistent lifecycle management.

Same-box simplicity: drop a Sender EA on the master, a Receiver EA on the slave(s), choose a channel name, and done.

Internet broadcasting (optional): use Trade Mirror’s Sender/Receiver for remote subscribers with per-subscriber risk controls.

How FX Blue TradeCopy works (in plain English)

On your master account, a Sender EA listens for order events (opens, modifies, closes). On each follower account, a Receiver EA replicates those events according to your rules—lot size logic, filters, symbol mapping, and so on. On a single machine, they communicate locally; across machines, the Internet Trade Mirror sends signals to subscribers. You can even extend behavior with custom MQL if you’re advanced.

Quick Setup: Personal Trade Copier (Same VPS/PC)

Run both platforms (e.g., master in MT5, followers in MT4/MT5).

Attach “Sender” EA to any chart on the master terminal; set a unique Channel/Group name.

Attach “Receiver” EA to each follower; use the same Channel/Group.

Choose lot sizing: fixed (e.g., 0.10), multiplier (e.g., 2× master lot), or risk-based sizing (e.g., risk 1% with 30-pip SL).

Map symbols if brokers use suffixes (EURUSD → EURUSD.r).

Add filters (copy only certain magic numbers, exclude news trading, etc.).

Test with a micro lot and confirm that open/modify/close events mirror correctly.

Go live once behavior matches your intent.

This same-machine method is the most popular coz it’s dead simple and fast. FX Blue’s docs emphasize that speed is “almost instant,” gated by broker execution.

Going Remote: Internet Trade Mirror (different computers)

If you need to send trades to a client’s VPS or multiple remote followers, use FX Blue’s Trade Mirror:

Install the Sender app on the master box.

Each follower runs the Receiver EA and subscribes to your Sender stream.

Receivers can still set their own risk, filters, and even invert trades—useful if someone wants smaller risk or a hedged variant.

FWIW, FX Blue notes that the Personal Trade Copier is easier and faster than internet mirroring because there’s no network hop. If you can keep everything on one VPS, do it.

Practical Tips & Best Practices

Normalize risk across accounts. Use risk-based sizing so a 50-pip SL risks, say, 1% on every follower regardless of balance. (FX Blue’s own risk tools reflect this logic.)

Map symbols carefully. Brokers love suffixes. If the master is “XAUUSD” and the follower uses “XAUUSD.m,” map them or nothing will copy.

Check hedging/netting modes. MT5 can be hedging or netting; ensure your copier settings align with how positions should aggregate.

Throttle “bad” strategies. Use filters to exclude scalps on high spread or disable news trades on receivers with higher latency.

Test small first. Run tiny lots for a day to audit fills, slippage, and modifications across all followers.

Keep all terminals stable. Same VPS, same time sync, and low CPU load minimize hiccups in event handling.

Document rules. If you copy to clients, write down your receiver settings (RR, lot caps, equity protection) so everyone’s aligned.

Troubleshooting snapshot

“Nothing is copying!” Double-check channel names and that Sender/Receiver EAs are actually running and not paused by AutoTrading.

“EURUSD won’t copy.” It’s usually a suffix mismatch—map the symbol or configure suffix handling per broker.

“Lot sizes look off.” If you switched to risk-based sizing, confirm the assumed stop-loss and account currency; risk logic needs an SL distance.

“Followers close early.” Ensure your copier is set to replicate partial closes and modifications from the master, not to override them.

Final thoughts

If you’re juggling multiple accounts, FX Blue TradeCopy is one of those “install it once and forget it” utilities that saves time and keeps execution consistent. Start with the Personal Trade Copier on a single VPS for speed and simplicity; only jump to the Internet Trade Mirror when you truly need remote broadcasting. And, like always, test your mappings, risk logic, and modifications with tiny lot sizes before you scale—coz scaling a mistake is still scaling.

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