Documentation
Setup guides, configuration, trade copier usage, troubleshooting, and frequently asked questions.
Table of Contents
- Introduction
- Getting started
- Trade copier configuration
- Monitoring and analytics
- Sharing your results
- Backtesting and challenge simulator
- AI coach
- Settings and preferences
- Pricing
- Affiliate program
- FAQ
- Support
Introduction
5MTrader is a cloud-based copy trading platform for MetaTrader 5 and cTrader. Connect a master account and multiple slave accounts — from either platform, or both at once — and trades are copied automatically in real time, no local software to install, no VPS required.
It's more than a copier — it's a full trading desk. Alongside copying, every connected account gets live monitoring, a real-time terminal, performance analytics and complete trade history, all in one dashboard. See Monitoring and analytics.
Built on dedicated cloud infrastructure by API2 Labs, powered by IPTRADE.
What it does
You set one account as Master (the source) and others as Slaves (the copiers). Every trade open, modify, and close is replicated across connected accounts in under 100ms. No manual re-entry, no missed trades. Ideal for running the same strategy on several brokers, scaling prop firm passes, or mirroring a personal account to funded accounts.
Features
- Execution under 100ms — Trades copied in milliseconds on dedicated cloud infrastructure tuned for MetaTrader 5 and cTrader.
- Cloud-based — Everything runs on our servers. No downloads, no installation, no VPS to manage on your end. Pick shared low-latency infrastructure or upgrade to your own dedicated private server (fully provisioned and managed by us).
- Live monitoring — Watch balance, equity, open P&L and position counts for every connected account in real time, plus a live terminal of all open positions and pending orders across accounts. No refresh, no spreadsheet.
- Built-in analytics — An equity curve, drawdown, win rate, 40+ performance metrics and a proprietary 5MTrader Score (graded S to F) that rates your edge — plus a calendar heatmap and full trade history, with no third-party analytics tool required.
- Symbol translation — Different brokers, different ticker names. Map symbols (e.g. EURUSD → EURUSD.raw), add or remove prefix/suffix so slaves always trade the correct instrument.
- Flexible sizing — Use a multiplier (e.g. 1.5× master volume) or fixed lot (e.g. 0.01 on every copy). Suits prop rules and risk preferences.
- Reverse trading — Invert trade direction (buy ↔ sell) for hedging or inverse strategies.
- Exact match — Force the slave to be an exact mirror of the master, automatically removing orphan orders. Off by default so manual trades on the slave are preserved.
- No trade tag — Copy without writing a comment or magic number on the slave's orders. Correlation then relies solely on the server-side mapping.
- Per-account configuration — Each slave account has its own lot settings, symbol mappings, and copy rules.
- Configuration templates — Save a copy setup once and apply it to any account (or in bulk to every slave) in one click.
- Shareable performance cards — Export a clean, branded image of your P&L for any period to share your results.
- 24/7 uptime — Runs around the clock on our infrastructure. No need to keep anything open on your end.
- Your data stays private — We never sell or share your trading data with third parties, and you can delete it anytime. Your trades and the stats derived from them are used only to run copying and power your own monitoring and analytics.
Use cases
- Prop firm scaling — Run one strategy across multiple funded accounts (same or different brokers) with consistent risk settings.
- Multi-broker redundancy — Same signals on several brokers for execution diversity or backup.
- Personal + funded — Trade your own account as Master and mirror to prop/funded Slaves with adjusted lot sizes.
- Copy services / signal providers — Use your Master as the source and connect client Slaves with their own sizing and symbol configuration.
Getting started
Setup takes under 5 minutes. No software to install — everything happens in the 5MTrader dashboard.
Step 1: Connect your accounts
- Log in at 5mtrader.com.
- Click Connect account and choose your platform — MetaTrader 5 or cTrader.
- Connect the account:
- MetaTrader 5 — enter your login number, password, and server name.
- cTrader — click Connect with cTrader and authorize access. You're redirected to cTrader's secure login (we never see your password), and every eligible account on your cTrader ID is linked automatically.
- The account appears in your dashboard, ready to configure.
Tip: No local software to install — everything runs on our infrastructure.
Step 2: Configure copy rules
- Open the Copy Trade screen, find the account and click Configure.
- Set the role: Master (sends trades) or Slave (copies trades).
- For slave accounts:
- Choose which master to follow.
- Set lot type: Multiplier (scale master volume) or Fixed lot (fixed size per trade).
- Optionally enable reverse trading, exact match, prefix/suffix, or symbol translations.
- Save the configuration.
Tip: Takes under 2 minutes — sensible defaults are set for everything. To reuse a setup across accounts, save it as a template and apply it in one click, or apply it in bulk to every slave of a master.
Step 3: Start copying
- Toggle the Enable switch on your configured accounts.
- Trades copy in real time across all connected accounts.
- Monitor status directly in the dashboard.
Tip: Runs 24/7 — no need to keep anything open on your end.
Trade copier configuration
Account roles
- Pending — Newly connected account. Inactive until you set it as Master or Slave.
- Master — Sends its trades to linked slave accounts.
- Slave — Copies trades from a chosen master account.
Enable / disable
Each account has an individual Enable toggle. When disabled, no trades are copied for that account without affecting other accounts.
Slave options
Master to follow — Choose the master account this slave copies from.
Lot type
| Mode | Description | Example |
|---|---|---|
| Multiplier | Volume = master volume × multiplier | Master opens 1 lot, multiplier 2.0 → Slave opens 2 lots |
| Fixed lot | Always uses the lot size you set | Master opens 10 lots → Slave opens 0.01 lots (fixed) |
Symbol management
- Symbol translation — Map symbols between brokers (e.g. EURUSD → EURUSD.raw). Useful when different brokers use different ticker names. Matching is case-sensitive (EURUSD and eurusd are different).
- Prefix — Add or remove a prefix from symbol names (e.g. add "Demo_" turns EURUSD → Demo_EURUSD). The prefix string is matched case-sensitively.
- Suffix — Add or remove a suffix from symbol names (e.g. remove ".raw" turns EURUSD.raw → EURUSD). The suffix string is matched case-sensitively.
Reverse trading — Inverts trade direction. Master buys → Slave sells. Master sells → Slave buys. Useful for hedging or inverse strategies.
Exact match — When enabled, the slave becomes an exact mirror of the master: any order on the slave that doesn't correspond to a master order is automatically removed (orphan cleanup). When disabled (default), only orders copied from the master are managed — orders placed directly on the slave account are left untouched.
No trade tag — By default every copied order carries the master's ticket in its comment (and magic number on MT5), which is how a copy is recognised as belonging to a master. With this option enabled the slave's orders are placed clean: no comment, no magic number. cTrader orders still carry an opaque random label, because the platform requires one, but it holds no link to the master.
Correlation then depends entirely on the server-side ticket map that 5MTrader keeps for each master/slave pair. That map is stored on the server and survives restarts and redeploys. The risk: if it is ever lost — the server is rebuilt, the account is moved to another machine, or its data volume is wiped — open copies can no longer be matched to their master, because nothing is left on the broker side to rebuild the link from. When that happens 5MTrader deliberately stops rather than guessing: it will not close or duplicate anything, and copying for that pair resumes only once you close the slave's open orders manually or turn this option back off.
Configuration templates
Templates let you save a complete slave setup once and reuse it everywhere — ideal when you run the same rules across many accounts.
- Save a template — Capture lot type (multiplier or fixed lot), reverse trading, exact match, prefix/suffix and symbol translations under a name you choose, from the Templates screen or directly while configuring an account.
- Apply to an account — From the Copy Trade screen, apply any saved template to a slave in one click.
- Bulk apply — Apply a template (or a master's current setup) to every slave of that master at once, so a whole book shares identical rules.
- Connect unlinked slaves — Link any unconfigured slave accounts to a master in bulk, then configure them together.
- Edit or delete — Manage your saved templates anytime from the Templates screen. Editing a template doesn't retroactively change accounts you already configured.
Monitoring and analytics
5MTrader isn't just a copier — it's a full trading desk. Every connected account is monitored live and fully analyzed, all from the same dashboard. None of these screens require you to keep MetaTrader 5, cTrader or any local software open; everything runs on our infrastructure.
Account overview
The dashboard home is a live command center for all your connected accounts. At the top, a KPI strip aggregates every account into a single view:
- Online accounts — how many of your connected accounts are currently online.
- Total balance and total equity — summed across all accounts.
- Open P&L — live profit/loss of every open position combined.
- Today's P&L — net result of the trades you've closed today.
- Open positions and pending orders — live counts across the book.
Below the strip you get a 30-day equity curve, the trades you've closed today, and a per-account live status table — balance, equity, open P&L, open positions, pending orders and online/offline status for each account — so you can tell at a glance which accounts are healthy and which need attention.
Live terminal
The terminal is a real-time view of every open position and pending order across your accounts. Each row shows the account, server, symbol, side (buy/sell), volume, open price, open time, stop loss (SL), take profit (TP) and live P&L. Filter by account, and the aggregated balance, equity and open P&L update continuously as prices move.
Statistics and analytics
A complete analytics suite computed from your closed trades — the same metrics professional desks pay for, built in:
- 5MTrader Score — a single proprietary composite grade from S to F (0–100) that rates the quality of your edge, from Top-tier edge (S, 90+) down to No edge yet (F).
- Equity curve and drawdown — cumulative P&L over time and your deepest peak-to-trough declines, including how long the longest drawdown lasted.
- Win rate — wins, losses and break-even trades, with average win and average loss.
- 40+ metrics across key ratios and advanced stats — expectancy, average win/loss ratio, recovery factor, Sharpe, Sortino and Calmar ratios, day win rate, best/worst trade, best/worst day, average holding time, Kelly %, SQN (System Quality Number), Z-score, standard deviation per trade, profit per lot, trades/winners/losers per day, and total commission and swap.
- Distributions and breakdowns — P&L distribution, trade duration, results by weekday and by hour, an activity heatmap, long vs short split, and your best and worst symbols by P&L and volume.
Every chart respects the active date range and account filters, so you can analyze a single account or your whole book over any period.
Calendar heatmap
An at-a-glance heatmap of your closed-trade P&L: green cells printed, red cells bled, each showing the net result and trade count for that period. Switch the granularity between Month, Quarter and Year, and toggle the metric shown on each cell (net P&L or trade count). Filter by account and step back and forth between periods to see exactly what drove your results.
Trade history
A complete deal history across all your accounts. Every fill shows symbol, side, volume, open and close price, commission, swap and net profit, sortable down to the ticket. Filter by account and date range to reconcile any period exactly.
How live data updates
Live figures — balance, equity, open P&L and position counts — stream continuously and refresh about once per second, so the overview, terminal and account tables always reflect your current exposure without a manual refresh. Statistics, the calendar and trade history are computed from your closed trades and update as new trades settle. You never need to keep MetaTrader 5, cTrader or any local software running for any of this — it all runs on our infrastructure.
Sharing your results
Turn any period into a clean, branded performance card you can post or send. Open the Share screen to build one, or use the quick Share action on the dashboard overview to share today's P&L instantly.
- Pick a period — Today, this week, this month, this year, or all-time.
- Choose what to show — Toggle percent of capital, balance, trade count, win rate, profit factor and your best trade on or off.
- Net or gross — Include or exclude swap and commission from the P&L shown on the card.
- Identity — Optionally show your name and/or email on the card, or keep it anonymous.
- Filter by account — Build the card from a single account or your whole book.
- Export — Download the card as an image, or share it directly on devices that support native sharing.
Tip: Your card only ever shows the figures you choose — nothing about your strategy, positions or credentials is included.
Backtesting and challenge simulator
The dashboard includes a full chart backtester built on TradingView charts: replay historical market data candle by candle — or tick by tick — and trade it with a simulated account, exactly like a live chart. The backtester, its TradingView charts, custom indicators and the prop-firm challenge simulator are free for every registered user — no subscription required.
Sessions
Create a session from the Backtesting screen and choose its type at the top: Backtest session (free practice trading) or Prop firm session (a challenge simulation — see Prop-firm challenge simulator). Then set up the market and account:
- Symbols — Pick one or more instruments from the searchable list (a prop firm session runs on exactly one symbol).
- Date range — Bounded by the historical data available for the selected symbols; the form shows the exact Data available range. Leave the end date empty to replay up to the latest available data (a prop firm session requires an end date).
- Name (optional — one is generated if you leave it blank), starting balance (default $10,000) and leverage.
- Base layout — Optionally start the chart from a saved layout's indicators, drawings and style.
Everything saves automatically as you go: replay position, balance, open positions, pending orders and your chart layout, so you can leave anytime and continue later from the session list. Each session card shows its status, symbols, dates, trades, win rate and P&L, with shortcuts to continue the session or open its full statistics. Deleting a session permanently removes it and all its trades.
Market data and replay accuracy
- Coverage — Sessions replay real historical data we store for a curated set of symbols: major forex pairs, metals, indices, crypto and more. Each symbol shows exactly how far back its data goes when you create a session.
- Resolutions — Chart timeframes from 1 minute up to yearly, plus a 1-second resolution on symbols with tick data.
- Tick and bar stepping — Recent history (roughly the last month) replays tick by tick with the real bid/ask spread; older history advances in one-minute steps with no spread.
- Costs — Simulated trading applies no commission, swap or slippage: pending orders, stop loss and take profit fill exactly at their price (take profit is checked first when both are touched in the same step).
- Leverage and margin — The session's leverage is enforced like a real account. Each open position locks margin (its notional value divided by your leverage), and the Account widget shows used margin, free margin and your margin level. An order that needs more margin than you have free is rejected, and if your margin level falls below 50% the simulator liquidates positions automatically — worst-losing first — until it recovers.
Replay controls
A floating control bar — drag it anywhere on the chart; its position is remembered per session:
- Play / pause at 0.5×, 1×, 2×, 5×, 10×, 30× or 60× speed — at 1× chart time passes in real time; at 60× a market minute passes every second.
- Step forward one candle of the current chart timeframe, or skip ahead by a fixed interval: 1m, 5m, 15m, 1h, 4h or 1D.
- Go to — Click the replay clock to jump to any later date and time from a calendar.
- Active symbol — On multi-symbol sessions, switch the chart between the session's symbols.
Replay is forward-only: you can never rewind, and the chart never reveals anything past the current replay moment. To redo a run, create a new session (or use Try again on a finished challenge). When the replay reaches the end of the data, playback stops — a practice session simply stays open, while a prop firm session receives its verdict.
Trading
- Orders — Place market, limit and stop orders with an optional stop loss and take profit from the order panel; buys fill at the ask, sells at the bid. Volume is in lots (minimum 0.01).
- On-chart management — Positions, pending orders, stop losses and take profits appear as price lines with pills at the chart's edge: drag a pill to re-price a pending order, SL or TP; click its × to close or cancel; or open a position's edit dialog to adjust its brackets by price or by ticks, with the projected P&L shown.
- Drawing to order — Draw a long/short position tool on the chart and convert it into an order in one click: entry, stop loss, take profit and size are read straight from the drawing.
- Positions — Every fill opens an independent position (long and short can coexist on the same symbol). Close positions individually or use Close all to flatten everything and cancel every pending order at once.
Trade panel
A dockable, resizable side panel made of movable widgets: Account (balance, equity and open P&L), Order panel (the ticket, with the live bid/ask), Positions & orders, and — in prop firm sessions — the live Prop firm panel. Reorder widgets, float them over the chart as free windows, or hide the whole dock; on mobile it becomes a bottom sheet. Your arrangement is remembered.
Chart layouts
The chart always comes back exactly as you left it — indicators, drawings, style and panes are saved automatically per session. To reuse a setup across sessions, save a named layout from the chart's save menu: load, rename or delete layouts anytime, and start any new session from one with Base layout. Only full chart layouts are saved — TradingView's separate indicator/drawing template menus are not supported.
Custom indicators
Bring your own indicators into the backtester — free, like everything else in it. The full TradingView indicator library is available out of the box (plus five ready-made Custom examples: Moving Average, EMA, RSI, MACD and Bollinger Bands), and on top of that you can compile your own:
- Where — The Custom indicators button on the Backtesting screen opens the full-page code editor; inside a chart, the
</>button opens the same editor as a side panel next to the chart. - Write or paste Pine — The editor accepts real Pine source, versions 1 through 6, with syntax highlighting, line numbers and a minimap. It compiles as you type: the output log reports success (with the plots and inputs detected), errors with line numbers, and a note for anything that was adjusted.
- Add to chart — One click puts a compiled indicator on the chart, preserving your replay position and layout. Your indicators also appear in the chart's Indicators menu, pre-marked as favorites, with the native settings dialog for their inputs, styles and colors.
- Supported — Inputs of every type, all standard plot styles with dynamic colors, shapes and characters, horizontal lines, fills, background and bar coloring, arrays, matrices, maps, user-defined types and functions, and roughly 70
ta.*functions. - Adjusted — A few things intentionally behave differently and are flagged in the log:
request.security()evaluates on the chart's own timeframe (no higher-timeframe requests), strategy scripts load as plain indicators (their orders are ignored), scripts can't create alerts or tables, andline/label/boxdrawings render directly on the chart but are not saved with the layout. - Your library — Indicators are saved to your account and usable in every session, and they stay private to you — nothing you write is shared or published. An edit that doesn't compile is kept as a draft (flagged in the list) and comes off the chart until it compiles again.
Prop-firm challenge simulator
A prop firm session simulates a challenge evaluation over historical data, with the rules enforced in real time on every replay step. Start from a template or set every rule yourself:
- Two-phase standard — 8% then 5% profit target, 5% daily loss, 10% static drawdown, minimum 4 trading days per phase.
- One-phase — One 10% target with a 5% daily loss and only 6% of drawdown, minimum 3 trading days.
- Futures trailing — 6% target, 3% daily loss and a 4% drawdown that trails your intraday equity peak until it locks at the starting balance, with the trading day rolling at 17:00 Chicago time.
- Consistency — The two-phase rules plus a consistency check: no single day may carry more than 30% of the total profit (if one does, the phase simply doesn't complete until the profit is spread out).
- Custom — Up to three phases, each with its own profit target, daily loss, max drawdown and minimum trading days; plus how drawdown follows (static, trailing end-of-day or trailing intraday) and whether it's measured on equity or balance, the daily-loss baseline (yesterday's closing balance or today's opening equity), what counts as a trading day (a trade closes, or a trade opens), and the rule timezone with its daily reset hour.
How the rules are measured: the profit target counts closed balance only — floating profit doesn't count — and a phase only completes once its minimum trading days are met. The daily loss allowance is a fixed percentage of the starting balance, checked against your equity in real time and reset each day at the reset hour in the rule timezone. Drawdown is checked against equity by default; a trailing floor ratchets up with your peak and never comes back down.
The live Prop firm panel shows the current phase, the profit target and your distance to it, the remaining daily-loss room, the drawdown room (with its static/trailing/locked state) and your trading days — turning amber, then red, as you approach a limit. Passing a phase closes every position, cancels pending orders and starts the next phase with its rules re-anchored to the original starting balance; passing the final phase completes the challenge. Breaking a rule fails it on the spot, with a verdict naming the rule, the exact values, the time (in the rule timezone) and the trade that triggered it. If the data runs out before a verdict, the run ends as unresolved — nothing was broken; there was just no runway left.
A finished challenge is locked: no more trading or replay. Review its report in your statistics, or hit Try again to start a fresh attempt with the same symbol, dates, balance and rules — attempts are numbered (#2, #3, …) so you can track progress across tries.
Backtest results in your analytics
Every simulated trade is recorded, and your backtest sessions plug into the same statistics, calendar and trade history screens as your live accounts: pick a session from the Backtest sessions group in the account filter and the date range fits itself to the session automatically. Simulated and live results are never mixed together. The AI coach's Backtest coach mode can analyze any of your sessions, including prop firm challenge runs.
AI coach
The dashboard includes a built-in AI assistant with three chat modes:
- Product help — Questions about 5MTrader itself: setup, features, plans and billing. Available to every registered user.
- Trading coach — Feedback on your real trading: performance, patterns, discipline and risk, computed from the synced history of your connected accounts.
- Backtest coach — Analysis of your simulated sessions recorded in the chart backtester, including prop-firm challenge runs.
The coach only reads the data you have synced to 5MTrader, and it never gives trade signals, market predictions or investment advice — it is an educational coach focused on your own numbers.
Paid feature: The two coach modes — Trading coach and Backtest coach — require an active paid subscription. Any plan unlocks them, including the 7-day free trial on the Shared plan. Product help stays available to every registered user.
Settings and preferences
Manage your account and personalize the dashboard from the Settings screen.
- Account — Your email, name and role.
- Plan — Your current plan, status, account limit, billing period and renewal/expiry date, with a shortcut to the billing portal.
- Theme — Choose System, Light or Dark. System follows your device setting.
- Timezone — Auto-detect from your device or pick any timezone from a searchable list. All trade times, the calendar, statistics and history render in the timezone you choose.
The dashboard is also available in multiple languages — switch language from the app and your preference is remembered.
Pricing
Four plans, same product, same configuration — pick what fits your scale and infrastructure needs. No feature gating, no hidden fees. Annual billing saves 20% on every plan.
Plans
| Plan | Pricing | Infrastructure | Best for |
|---|---|---|---|
| Shared | $5/account/mo (min 3) | Shared low-latency cloud | Most users, up to ~10 accounts |
| Shared Unlimited | $50/mo flat | Shared low-latency cloud | 10+ accounts on shared infra |
| Private Server | $10/account/mo (min 3) | Your own dedicated VPS | Isolation + dedicated resources |
| Private Server Unlimited | $100/mo flat | Your own dedicated VPS | Maximum scale on a dedicated VPS |
Cost examples (monthly)
| Accounts | Shared | Shared Unlimited | Private Server | Private Unlimited |
|---|---|---|---|---|
| 3 | $15 | $50 | $30 | $100 |
| 5 | $25 | $50 | $50 | $100 |
| 10 | $50 | $50 | $100 | $100 |
| 15 | $75 | $50 | $150 | $100 |
| 50 | — | $50 | — | $100 |
- Free trial — The Shared plan includes a 7-day free trial (card required; no charge during the trial). The trial applies to the Shared per-account plan only — Shared Unlimited and Private Server plans don't include a trial.
- Annual billing saves 20% on every plan, billed upfront.
- AI coach included — every paid plan (and the free trial) unlocks the AI coach. The backtester, its TradingView charts, custom indicators and the challenge simulator stay free for every registered user.
- Switch plans anytime from the billing portal — upgrades are prorated.
- Cancel anytime — cancellations take effect at the end of your current billing period.
- Manage your subscription from the Billing section in the dashboard.
Affiliate program
5MTrader runs an invitation-only affiliate program. If you're invited, you get a personal referral link and a dashboard to track everything in real time.
- Share your link — Anyone who subscribes through your referral link (or your promo code) is attributed to you.
- Lifetime commission — You earn a single commission rate on every payment your referred customers make: their first invoice and every renewal, for as long as they stay subscribed.
- Give customers a discount — Your link can carry a discount that's applied automatically at checkout on the customer's first invoice.
- Multi-level overrides — If you enroll sub-affiliates beneath you, you also earn an override on their referrals. Every level is tracked and paid separately.
- Track and get paid — Your affiliate dashboard shows clicks, referrals, pending and available balances, and payout history. Payouts are processed manually once you reach the minimum threshold.
Full terms are in the Affiliate Program Terms. Interested in joining? Email support@5mtrader.com.
FAQ
What is 5MTrader?
5MTrader is a cloud-based copy trading platform for MetaTrader 5 and cTrader. Connect a master account and multiple slave accounts, and trades are copied automatically in real time — no local installation required.
Which platforms does 5MTrader support?
5MTrader supports MetaTrader 5 and cTrader. Connect accounts from either platform — or run both side by side — and copy, monitor and analyze them all from the same dashboard. MetaTrader 5 accounts connect with login, password and server; cTrader accounts connect securely via cTrader's login, with no password ever shared.
How does pricing work?
Four plans: Shared ($5/account/mo, min 3), Shared Unlimited ($50/mo flat), Private Server ($10/account/mo, min 3, dedicated VPS), and Private Server Unlimited ($100/mo flat on a dedicated VPS). No hidden fees, no feature gating — every plan includes the full configuration. Annual billing saves 20% on every plan.
Is there a free trial?
Yes — the Shared plan includes a 7-day free trial. A card is required to start, but you won't be charged during the trial and you can cancel anytime before it ends. The free trial applies to the Shared per-account plan only; Shared Unlimited and Private Server plans don't include a trial.
When should I switch from Shared to Shared Unlimited?
At 10 accounts the math breaks even ($5 × 10 = $50 flat). Past that, every extra account is free on the unlimited plan. If you expect to grow beyond 10 accounts, switch early.
When does Private Server make sense?
Pick Private Server when you want guaranteed isolation — no shared resources, no noisy neighbors — or want predictable performance for a high-volume strategy. Private Server Unlimited ($100/mo flat) is the best fit for traders running many accounts on dedicated infrastructure.
How does the annual discount work?
Choosing annual billing applies a 20% discount across any plan for the year, billed upfront. You can switch between monthly and annual at any time through your billing portal.
How fast are trades copied?
Trades are copied in under 100ms. 5MTrader runs on dedicated cloud infrastructure tuned for low-latency execution, so trades replicate the moment the master fills.
Is my trading data private?
Yes. We never sell or share your trading data with third parties, and you can delete it at any time. We do store your trades and the statistics derived from them — that's what powers your live monitoring, history and analytics — but they're used only to operate the service for you. See our Privacy Policy.
Is 5MTrader safe for prop firms?
Yes. 5MTrader is compatible with prop firms. Trades are copied via cloud infrastructure with no data exposure to third parties.
Can I monitor my accounts and see analytics in 5MTrader?
Yes. Beyond copying, 5MTrader is a full trading desk. The dashboard gives you live balance, equity and open P&L for every account, a real-time terminal of all open positions and pending orders, a full analytics suite (equity curve, drawdown, 40+ metrics and a 5MTrader Score from S to F), a calendar heatmap and a complete trade history — no third-party tool required. See Monitoring and analytics.
How often do the live numbers update?
Live figures — balance, equity, open P&L and position counts — stream continuously and refresh about once per second, with no manual refresh needed. Statistics, the calendar and trade history are computed from your closed trades and update as new trades settle.
Is the AI coach included in my plan?
Yes — the AI coach is included with every paid plan at no extra cost. Its two coach modes (Trading coach and Backtest coach) require an active subscription, and the free trial counts. The Product help chat is available to every registered user.
Is the backtester free?
Yes. The chart backtester — TradingView charts, bar and tick replay, simulated trading, custom indicators and the prop-firm challenge simulator — is free for every registered user, with or without a subscription. Only the AI Backtest coach that analyzes your sessions requires a paid plan.
Which markets can I backtest, and how far back?
Sessions replay historical data we store for a curated list of instruments — major forex pairs, metals, indices and crypto among them — and each symbol carries its own history depth. When you create a session the form shows the exact Data available range for the symbols you picked and limits the date picker to it, so you always know how far back you can go. See Market data and replay accuracy.
How realistic is the backtester's simulation?
Sessions replay real historical data: recent history tick by tick with the real bid/ask spread, older history in one-minute steps. Fills are idealized — no commission, swap or slippage, and pending orders, stop loss and take profit fill exactly at their price. Replay is forward-only, so the chart can never look ahead. See Market data and replay accuracy.
Can I rewind or restart a backtest session?
You can jump forward to any later date, but never backwards — replay is forward-only by design, so the chart can't reveal what happens next. To trade the same period again, create a new session with the same symbol and dates, or use Try again on a finished prop firm session, which clones its symbol, dates, balance and rules into a fresh numbered attempt. Deleting a session permanently removes it and all its trades.
Can I use my own indicators in the backtester?
Yes. Open Custom indicators from the Backtesting screen (or the </> button on any backtest chart), write or paste Pine source, and it compiles as you type — errors are reported with line numbers, and one click adds the result to your chart next to the full built-in TradingView indicator library. See Custom indicators.
Why did my custom indicator disappear from the chart?
Almost always because the last save didn't compile. The indicator is kept as a draft — flagged in your indicator list — and comes off the chart until it compiles cleanly again: open it in the editor, read the errors in the output log (each carries its line number) and save a working version. Note too that lines, labels and boxes a script draws are redrawn on every recalculation and are not saved with the chart layout.
How does the prop-firm challenge simulator work?
Create a Prop firm session in the backtester, pick a template (two-phase, one-phase, futures trailing or consistency) or set custom rules, and trade the replay while the rules — profit target, daily loss, maximum drawdown, minimum trading days — are enforced in real time. Pass every phase to complete the challenge, or get an instant verdict explaining exactly which rule was broken and when. It's free for every registered user. See Prop-firm challenge simulator.
Does passing a simulated challenge get me funded?
No. The challenge simulator is a practice tool inside the backtester: it reproduces the rules prop firms typically use so you can rehearse them on historical data. It isn't affiliated with any prop firm, and a simulated pass has no bearing on a real evaluation. What it does give you is an honest read of whether your risk fits those rules — and where you tend to break them — before you pay for a real challenge.
Can I cancel at any time?
Yes. Cancellations take effect at the end of your current billing period. You can manage your subscription from the billing portal inside the dashboard.
Can I reuse a copy configuration across accounts?
Yes. Save any setup as a template — lot type, reverse trading, exact match, prefix/suffix and symbol translations — and apply it to a single account or, in one click, to every slave of a master. See Configuration templates.
Can I share my trading results?
Yes. The Share screen turns any period into a clean, branded image of your P&L. You choose exactly what appears — percent of capital, balance, trade count, win rate, profit factor and best trade — and whether to include your name. Nothing about your strategy, positions or credentials is ever included.
Can I change the timezone or use dark mode?
Yes. From the Settings screen you can switch between System, Light and Dark themes and set any timezone (or auto-detect from your device). All trade times, the calendar, statistics and history follow the timezone you choose.
Is the dashboard available in my language?
Yes. The 5MTrader dashboard and this documentation are available in multiple languages. Your language preference is remembered across sessions.
Do I need to install anything?
No. 5MTrader is entirely cloud-based. You manage everything from the web dashboard — no downloads, no local software. If you choose a Private Server plan, the dedicated VPS is provisioned and managed by us; you still don't need to install or maintain anything.
Support
Email: support@5mtrader.com
Dashboard: Log in at 5mtrader.com/dashboard to manage your accounts, billing, and configuration.
Documentation: You're reading it — 5mtrader.com/docs.
Billing: Manage your subscription, payment methods, and invoices from the billing portal in the dashboard.
Policies:
- Billing Policy — Plans, billing cycles, cancellation
- Refund Policy — Refund terms and exceptions
- Complaints Policy — How to file and escalate a complaint
- Privacy Policy — How we handle your data
- Terms of Use — Service agreement
- Cookies Policy — Cookie usage
- Disclaimer — Trading risk warnings
Founder: Joaquin Metayer — LinkedIn
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