Filters
Limit symbols, require stop loss or take profit, or restrict sessions before a copy is allowed on that MT5 link.
Trade Copier
Bring MetaTrader 5 masters and receivers into DaneTrades cloud copying. The same product supports MT5 alongside other trading platforms, with connection choices documented for API and EA workflows.
What DaneTrades supports
Use MT5 when your broker or prop environment issues MetaTrader 5 accounts. DaneTrades connects those accounts into the same cloud copier used for other supported platforms. You still set master and receiver roles per connection rather than assuming one global profile for every account.
Setup
Help Centre recommends the API path when you want no terminal requirement and no EA installation. The EA alternative for MT5 mirrors the MetaTrader workflow: install and attach the EA, keep the terminal open, enable Algo Trading, and allow WebRequest to http://127.0.0.1. Plan on one MetaTrader terminal per connected EA account.
Per-connection control
Funded, evaluation and personal MT5 accounts often do not share the same balance. Connection-level sizing modes in Help include Balance Multiplier, Lot Multiplier, Fixed Lots, Risk % and Risk $. Symbol Mapping covers broker suffix and naming differences so the receiver opens the intended MT5 instrument.
Limit symbols, require stop loss or take profit, or restrict sessions before a copy is allowed on that MT5 link.
Safe mode can block new opens. Disabling a connection pauses that link. Existing receiver positions remain your responsibility unless another setting manages them.
Use Trade Activity and Logs to confirm whether a master event produced the expected follower outcome on MT5.
Known EA limitations
Algo Trading off, EA removed from the chart, missing WebRequest allow-list entries, a closed terminal, or session logout can stop EA-based copying. Review the disconnected checklist before escalating.
Pricing
Minimum two accounts / $20 per month. No free cloud trial. No yearly plan. Telegram channels, if used as masters, also consume one licence each.
FAQ
Help Centre covers MT4 and MT5 together for API versus EA. The EA path for MT5 specifically requires Algo Trading enabled in the terminal, along with the EA on a chart and WebRequest permission.
Yes. DaneTrades supports MT4, MT5, TradeLocker, DXtrade, MatchTrader and cTrader as trading platforms. You configure each copier link with its own sizing and symbol mapping.
Licences are $10 per connected trading account each month. You need at least two connected accounts, so the minimum is $20 per month.
Next step
Account licences cost $10 per connected trading account each month. Minimum setup is 2 connected accounts for $20 per month.