CopyFleet vs Local Trade Copier: Which MT5 Copier Fits You?

The short version

Local Trade Copier is an expert advisor you install in every MT4 or MT5 terminal on one Windows machine. You buy a license once, you run the machine, and copying happens between terminals on that box.

CopyFleet is a hosted service. You connect your MT5 accounts to a web app, the terminals run on our managed infrastructure, and you pay per account each month. There is nothing to install and no server to keep alive.

If you like owning the machine, trade MT4, or want a one-time purchase, Local Trade Copier wins and you do not need a Local Trade Copier alternative. If you want to stop being the sysadmin, trade MT5 only, or share access with a team without sharing passwords, CopyFleet wins. Everything below is detail.

Side by side

Local Trade Copier details are taken from its website as of October 2026. Prices and features change; check the vendor before you buy.

Where the copier runs: your VPS or our cloud

This is the real difference, and every other row in the table follows from it.

Local Trade Copier: your machine

Every account you copy to needs its own MT5 terminal running on the same Windows computer. For 24/7 copying that computer is usually a rented VPS. You install Windows updates, keep the terminals logged in, restart them when a broker pushes a server change, and watch the box when you travel. Five accounts means five terminals on one machine, and if the machine goes down, every copy stops at once.

The upside is control. Nothing leaves your box, there is no vendor in the execution path, and you can tune the EA settings in each terminal yourself.

CopyFleet: ours

You add MT5 accounts by their login credentials in the web app. The terminals run on infrastructure we manage, so there is no VPS to rent, no MT5 to install, and no machine that has to stay on. You see each account's online state at a glance and get a single Close All across the workspace when you need to flatten fast.

The trade-off is that you are trusting a service with account access instead of a machine you own. That is the right call for some traders and the wrong one for others, which is why the section on who should pick what comes later.

Pricing: one-time license vs per-account subscription

Local Trade Copier charges per machine, not per account. One license covers every terminal on that computer. You pay once, and the only recurring cost is the VPS if you use one.

CopyFleet charges per account quota, $10 a month each, with a two-account minimum. Hosting is included. Adding a quota slot mid-month is prorated; dropping one takes effect the next month. See the pricing page for the exact rules.

Which is cheaper depends on how many accounts you run and how long you plan to run them. Two accounts on CopyFleet cost $20 a month. A Windows VPS that can hold two or three terminals typically runs $10 to $30 a month, on top of the one-time license. So at two or three accounts the yearly totals overlap. Past that, the local license pulls ahead on price and CopyFleet pulls ahead on time saved. Price the hours you spend on the VPS before deciding.

Copying features

On the copying itself, both tools cover what matters for a multi-account setup. The differences are in depth and in where the settings live.

Lot sizing

Local Trade Copier lists 18 lot size and risk options, including fixed lot, multiplier, proportional sizing by balance or equity, and risk-per-trade calculations. CopyFleet keeps it to three: Multiplier, Fixed Lot, and Equity Sync, which sizes each Follower proportionally to its own balance. The three modes cover almost every real setup, and the guide to copy modes explains when to use which. If you need an unusual sizing rule, the local tool has more knobs.

Symbol mapping

Both handle broker suffixes, so a master on one broker can copy to followers on others. On CopyFleet the mapping sits next to the Follower in the web app. On Local Trade Copier it sits in the EA inputs of each receiver terminal.

Trade delay

CopyFleet lets you set a fixed or randomized delay per Follower so accounts do not fire at the same millisecond, which matters if you copy across prop firm accounts. Local Trade Copier does not list a delay feature on its site, though it markets account protection for prop traders. Verify this one directly if it matters to you.

Team access and oversight

This is where the two tools stop being comparable. A local copier runs on one machine with one login. If an assistant needs to check whether copying is healthy, they need the machine password. If a client wants to see their own account, they need remote desktop access or a screenshot.

CopyFleet is a web app, so access is a role. See the team roles on the features page: Admins configure, Traders operate, Viewers watch. Each workspace isolates one strategy's accounts, team, and copier settings. The portfolio overview shows every account's status and exposure in one place, and the trading journal and statistics break performance down by account and symbol without exporting anything.

If you trade alone from one machine and never need anyone else to look, none of this matters and the local tool is fine. If you manage client accounts or work with a team, it is the deciding factor.

When Local Trade Copier is the right call

• You trade MT4, or copy between MT4 and MT5.
• You already run a VPS and are comfortable maintaining it.
• You want a one-time purchase, not a subscription.
• You need a specific lot sizing rule beyond multiplier, fixed, and equity sync.
• You do not want any vendor between your terminals and your broker.

When CopyFleet is the right call

• You trade MT5 only.
• You are tired of maintaining the VPS and want the copier to be someone else's uptime problem.
• You run accounts for clients or with a team and need roles instead of shared passwords.
• You want one screen for every account's status, exposure, and history.
• You copy across prop firm accounts and want per-Follower delay built in.

Frequently asked questions