Test Local Trade Copier EA MT4/5© Before Purchasing

You can test the fully functional Free Demo version of Local Trade Copier EA MT4/5© before purchasing the MT4 or MT5 product.

The demo allows you to install the EA on your MetaTrader terminals, configure a Transmitter and one or more Receivers, copy trades between demo accounts and explore the available trade-copying, lot-sizing, filtering, risk-management and trade-management settings.

The Free Demo works for up to 4 hours at a time and can be restarted whenever you want to continue testing.

Important: The Free Demo can be used on demo accounts only. For testing, we recommend using ordinary non-critical demo accounts rather than prop firm challenge, evaluation or other important accounts.

Step 1 – Download the MT4 or MT5 Free Demo

Choose the version required for the MetaTrader terminals you want to test:

Download Local Trade Copier EA MT4© Free Demo

Download MT4 Free Demo

Download Local Trade Copier EA MT5© Free Demo

Download MT5 Free Demo

If you want to test copying between different MetaTrader platforms, such as MT4→MT5 or MT5→MT4, download both demo versions and install the appropriate version on each terminal.

Step 2 – Install the Free Demo in MetaTrader

After downloading the demo file, open the MetaTrader terminal where you want to install it.

For MT4:

File → Open Data Folder → MQL4 → Experts

Copy the downloaded .ex4 demo file into the Experts folder.

For MT5:

File → Open Data Folder → MQL5 → Experts

Copy the downloaded .ex5 demo file into the Experts folder.

After copying the file, restart your MetaTrader terminal.

Local Trade Copier EA MT4/5© should then appear in the Navigator → Expert Advisors section.

Repeat the installation procedure for each MT4 or MT5 terminal that you want to use in your test.

Step 3 – Prepare Your Transmitter and Receiver Terminals

Local Trade Copier EA uses two basic roles:

Transmitter – the MetaTrader terminal/account from which trades are copied.

Receiver – the MetaTrader terminal/account to which trades are copied.

For a simple first test, we recommend starting with:

1 Transmitter + 1 Receiver

Both MetaTrader terminals should be running on the same Windows computer or Windows VPS.

Once you have confirmed that trade copying is working correctly, you can expand your test to additional Receiver terminals if required.

Step 4 – Configure Your First Trade-Copying Connection

Attach Local Trade Copier EA MT4/5© to a chart in the first terminal and configure it as the Transmitter.

Then attach the EA to a chart in the second terminal and configure it as the Receiver.

The Receiver is where you can configure the settings that determine how incoming trades are handled, including lot sizing, risk calculation, trade filtering, symbol mapping and other trade-management options.

For your first test, keeping the configuration simple makes it easier to understand the basic copying process before experimenting with additional settings.

Step 5 – Watch the Quick Setup Video

Our quick setup video demonstrates how to configure the Transmitter and Receiver terminals and start copying trades.

Watch the Local Trade Copier EA MT4/5© Quick Setup Video

Follow the same procedure using your own demo accounts.

Once the Transmitter and Receiver are connected, open a test trade on the Transmitter account and confirm that the corresponding trade is copied to the Receiver.

Step 6 – Test the Features You Plan to Use

The Free Demo is fully functional during each 4-hour testing period, so you can use it to evaluate much more than basic trade copying.

Depending on your intended setup, you can test features such as:

• MT4→MT4 and MT5→MT5 trade copying

• MT4→MT5 and MT5→MT4 copying using both demo versions

• Multiple Receiver accounts

• Different brokers

• Fixed and risk-based lot sizing

• Lot multipliers and proportional sizing

• Trade filtering

• Symbol prefix and suffix handling

• Custom symbol mapping

• Market and pending orders

• Take Profit and Stop Loss handling

• Partial closures

• Reverse copying

• Receiver-side trade management

• Account protection and risk controls

This gives you an opportunity to configure the copier according to your intended trading environment and confirm how the required features work before purchasing.

Step 7 – Restart the 4-Hour Demo Period

The Free Demo operates for up to 4 hours at a time.

If you want to continue testing after the trial period has finished, you can reset it from MetaTrader.

Go to:

MT4/MT5 → Tools → Global Variables

Then press:

Ctrl + A → Delete

This removes the demo's Global Variables and allows you to begin another testing period.

You can then restart or reattach the EA as necessary and continue testing.

A Good First Demo Test

If you are using Local Trade Copier EA for the first time, there is no need to test every feature immediately.

A simple first test is:

1. Open one Transmitter demo account.
2. Open one Receiver demo account.
3. Run both MetaTrader terminals on the same Windows computer or VPS.
4. Configure the first terminal as Transmitter and the second as Receiver.
5. Open a small test trade on the Transmitter.
6. Confirm that the trade appears on the Receiver.
7. Modify the Stop Loss or Take Profit and observe the Receiver.
8. Close the Transmitter trade and confirm the corresponding Receiver action.

Once you are comfortable with the basic process, you can begin testing lot sizing, multiple Receivers, filters, symbol mapping, risk controls and other settings relevant to your own setup.

What Should You Evaluate During the Free Demo?

The purpose of the Free Demo is not simply to confirm that a trade can be copied.

Use the testing period to determine whether Local Trade Copier EA MT4/5© fits the way you intend to manage your accounts.

You may want to evaluate:

Copying Speed – Observe how quickly trade information is synchronized between your local MetaTrader terminals.

Setup – Confirm that you are comfortable configuring Transmitter and Receiver terminals.

Broker Compatibility – Test the brokers and symbol names you intend to use.

Lot Sizing – Try the lot-size or risk-calculation method appropriate for your accounts.

Trade Filtering – Confirm that you can select which trades should or should not be copied.

Trade Management – Test the TP/SL, pending-order, partial-closure or other management functions you require.

Multiple Accounts – If you intend to manage several accounts, add additional Receiver terminals after completing your initial two-terminal test.

By testing your intended configuration before purchasing, you can become familiar with the EA and determine which settings are appropriate for your trading environment.

Free Demo vs Purchased Version

The Free Demo is intended to let you experience the functionality of Local Trade Copier EA MT4/5© before purchasing, but it is restricted to demo accounts and operates for up to 4 hours at a time.

The purchased version can be used according to the product's normal account and activation conditions and does not require restarting a four-hour demo period.

Each purchased MT4 or MT5 version includes 20 activations. An activation applies to a Windows computer/VPS and its operating-system/hardware configuration rather than to an individual MetaTrader account or terminal, so multiple MetaTrader terminals can run on the same activated machine.

For cross-platform MT4↔MT5 copying, both the MT4 and MT5 product versions are required.

Ready to Test Local Trade Copier EA MT4/5©?

Start with two ordinary demo accounts and experience the complete Transmitter-to-Receiver copying process before deciding whether to purchase.

Download MT4 Free Demo    |    Download MT5 Free Demo