PFX Trade Copier
- Utilities
-
Daniel Freeman
I'm Dan, a UK trader, a disabled veteran, and the builder behind PrecisionFX.
My mission is simple: help people get started in trading without paying a penny. - Version: 1.80
- Updated: 30 September 2026
Copy trades between MetaTrader 5 terminals on the same computer. Free, and no DLL, no internet connection, no subscription.
A ton of work has gone into this to make it the best I can make it, and it is free - not a trial, not a lite version - and it always will be. I am still developing it, so expect regular updates. Spotted a bug, or want something added? Reach out in the Comments and I will get it done.
One EA does both jobs. Attach it as a TRANSMITTER on the account you trade, and as a RECEIVER on every account that should follow. One sender can feed many receivers, and one receiver can follow several senders at once.
NEW IN 1.78 - A FULL DASHBOARD
- Seven tabs - Overview, Settings, Setup, Mapping, Rules, Trades and History - in the same clean look as the rest of the PFX range
- The copier's health as a badge in the header: ACTIVE, PAUSED or STALE
- Change settings live on the panel - sizing, stops, filters, mappings and rules - then LOCK it so nothing gets changed by accident. One click resets everything back to your inputs.
- See every open copy next to its master trade, with the reason for its size
- New Size rules setting: per-symbol or per-EA sizing like "gold at half size" or "never copy magic 77001", saved in your preset
SETUP - four steps
- Attach to any one chart on the account you copy FROM. Set Role = Sender.
- Attach to any one chart on each account that should follow. Set Role = Receiver.
- Give every terminal the SAME Channel ID. That is the only thing that pairs them.
- Enable Algo Trading on every terminal.
The chart symbol and timeframe do not matter on either side - the copier works account-wide, not chart-wide.
WHAT IT COPIES
- Market orders and pending orders
- Stop loss and take profit, live - a move to breakeven follows across
- PARTIAL CLOSES - TP1/TP2 scale-outs are mirrored proportionally
- Full closes
Partial-close mirroring matters more than it sounds. If the source runs a scale-out model, a copier that only syncs the final exit will hold full size all the way to it - so a trade that banks half at target and stops the rest at breakeven is a winner on one account and flat on the other. This one mirrors the proportion: sender closes half, receiver closes half of what it opened.
SIZING
- Match the sender exactly, or multiply by any factor
- Fixed lot
- Percent of this account's balance or equity
- Risk a fixed percent, sized from the sender's stop distance
- Match the sender's risk percent on your balance
- Size rules on top: halve gold, double indices, skip a symbol or an EA entirely
Every result is clamped to the broker's lot step, minimum and maximum - and the Trades tab tells you why each copy came out the size it did.
STOPS AND BEHAVIOUR
- Stop loss and take profit each: copy, skip, hidden (managed by the EA, the broker never sees it), or multiply the sender's distance
- Split each copy into several positions
- Reverse - trade the opposite direction
- Reopen a copy you closed by hand while the sender is still in
ANY BROKER
- Prefixes and suffixes (EURUSDm, XAUUSD.pro) are detected automatically
- Map anything else by hand: GOLD to XAUUSD, USTEC to NAS100 - the Mapping tab shows whether each one resolves on this broker
SAFETY
- Pause copying on daily loss, account drawdown, or the SENDER's drawdown
- Restrict copying to chosen days and a time window
- Copy only trades from specific EAs by magic number, symbol or comment
- Hard lot floor and ceiling, independent of the broker's
- An alert if the sender goes quiet - copies are held, never closed on a silence
- Pop-up, push and email alerts for copies, failures and an equity level
BUILT TO BE DIAGNOSED
MetaTrader cannot grey out a setting, so on a sender the whole receiver half of the dialog looks just as live as the half that matters. Every setting is tagged TX or RX, and on every start the EA prints to the Experts tab exactly which settings are inert in your configuration and why. That report is generated from the code, so it cannot fall out of date.
LIMITS - stated up front
- Both terminals must be on the SAME computer. It shares a local file, so this is not a remote or VPS-to-VPS copier.
- It cannot be backtested. It needs two live terminals and a shared file, and the Strategy Tester provides neither - loaded there it runs inert and says so rather than pretending.
- One instance per account. Two receivers on one account would copy every trade twice, so a second copy refuses to start.
- Splitting a copy into parts disables partial-close mirroring, because each part sits near the minimum lot and a proportional reduction would round to a full exit.
REQUIREMENTS
MetaTrader 5. Both terminals on one Windows machine. Algo Trading enabled. Hedging and netting accounts both supported.
MORE FREE TOOLS FROM ME
- PFX Equity Shield - an account-wide guardian for prop-firm rules. It pairs with the copier: list the copier and the shield keeps it running when it locks the account.
- PFX SLM + PFX SLM EA - structure and liquidity: change of character, fair value gap, return, close.
- PFX RGM - momentum signals that only fire when the market regime and the higher-timeframe trend agree.
- PFX Triple and PFX TrendGrid - on their way.
WHY FREE?
I am a disabled veteran and a retail trader. I build the tools I couldn't afford when I started, and I give them away. If one of them earns you something, donations are welcome - never required, and they unlock nothing.
I am giving this product 5start. Worth more than free and very user friendly interface. Thank You for this.