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MT4 to MT5 and MT5 to MT4.
Local Trade Copier™ works with MT4 and MT5, but they come as separate computer programs because of the different architecture between Metatrader 4 and 5. You’ll get both programs with the same subscription.
So to make it clear, the software name is Local Trade Copier™, and inside you’ll find:
Local Trade Copierâ„¢ for Metatrader 4
Local Trade Copierâ„¢ for Metatrader 5
Documentation
Because you get both trade copier versions, you can easily copy Forex & CFD trades from MT4 to MT5 and vice versa.
Make Money by Reverse Trading a Losing Forex Robot or a Failing Trader.
If 95% of traders lose money, it means that most of the time, they take losing trades.
What would happen if you did the opposite? It’s known as “Reverse Trading”.
You set up a losing trader or Forex robot on a DEMO account and copy all its trades in the opposite direction to your LIVE account.
Example: When a failing account loses a BUY trade, your LIVE account will win a SELL trade.
I call this a Fail 2 Gainâ„¢ framework, and that’s how you profit from losing Expert Advisors (a.k.a. Forex Robots).
Copy Strategies and Traders From Different Sources Into One MT4/MT5 account.
Local Trade Copierâ„¢ allows you to copy trades from different master accounts and merge them into one account (Portfolio).
You diversify the risk by not betting on one system or trader. The idea is that when 2 out of 10 systems fail, the other 8 will cover their losses and keep growing your account. Then you replace failed systems with new ones.
I call it the Many To One Portfolioâ„¢ framework. It allows you to create a low-risk Investment Portfolio of multiple strategies from multiple sources like Social Trading Networks, Forex Robots, or Investor Password accounts.
Force Any Locked Expert Advisor To Work On Many MT4/MT5 Accounts.
If you have a Forex Robot which license is locked to one account only, you do not need to buy additional robot licenses. Better copy its trades from one account to many other accounts with the Local Trade Copierâ„¢.
Local Trade Copierâ„¢ works with any other Forex Robot and will copy all its trades instantly to other connected MT4/MT5 accounts.
I call this the Unlock Any Forex Robotâ„¢ method , and it’s perfect for saving money and sharing Forex Robot trades to other accounts.
You can even use MT4 Expert Advisors on MT5 and vice versa because you can copy trades from MT4 to MT5 and from MT5 to MT4 with the Local Trade Copierâ„¢ software.
Mirror Trades From MT4/MT5 Investor Password Accounts
With the Local Trade Copierâ„¢, you can copy all trades from MT4/MT5 investor password account to your account.
If you have read-only access (investor password) to any Metatraderâ„¢ account, then you can clone its profits to your account, and no one will ever know about it.
IMPORTANT! Beware of Ponzi investment scams that give investor password access to MT4 accounts where trades appear with a delay, and it’s too late to copy them.
FAQs