Dubai, UAE – June 3, 2026 – As proprietary trading firms continue to reshape the retail forex trading industry, traders are increasingly looking for tools that offer greater control over execution, risk management, and account synchronization. In response to these changing requirements, Rimantas Petrauskas has announced the release of Local Trade Copier Version 3.0.0 for MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
The latest version introduces a collection of new features designed to help traders manage multiple accounts more effectively while adapting to broker restrictions, prop firm requirements, and evolving execution standards.
Local Trade Copier is a trade copier software solution that allows traders to synchronize positions between multiple MetaTrader accounts. The platform is used by retail traders, proprietary trading firm participants, money managers, signal providers, and algorithmic traders operating across multiple trading environments.
One of the most significant additions in Version 3.0.0 is a new Manual-Like Execution Mode. The feature allows copied trades to be opened through the MetaTrader order window, making positions appear as manually placed trades rather than trades identified as “placed by expert.”
The feature also supports applying Stop Loss and Take Profit values during trade entry. In environments where brokers restrict automated trade management, traders can continue managing exits manually while maintaining synchronized trade entries.
According to Petrauskas, demand for greater execution flexibility has increased significantly during the past year.
“Many traders are managing a combination of personal accounts, funded accounts, and broker accounts with different restrictions,” said Petrauskas. “The objective of Version 3.0.0 was to provide more flexibility while preserving the simplicity and reliability that trade copier users expect.”
Another major focus of the release is trade execution diversification.
Version 3.0.0 introduces Random Trade Entry Delays and Random Trade Close Delays, allowing traders to define minimum and maximum delay values that are applied randomly to copied trades. The update also adds a new Stop Loss and Take Profit copy mode that can randomly increase SL and TP distances by a configurable number of points.
Together, these features can create differences between master and client accounts, including variations in entry times, entry prices, Stop Loss levels, Take Profit levels, exit times, and exit prices.
When combined with Manual-Like Execution Mode, copied trades can differ from the original trade while also appearing as manually placed positions within MetaTrader.
The update also introduces a new Trade Protection Requirement feature aimed at improving risk management.
Traders can now require positions to have a Stop Loss, Take Profit, or both before Local Trade Copier is allowed to copy them. This functionality provides an additional layer of protection against human error by preventing unprotected trades from being replicated across multiple accounts.
The feature may be particularly valuable for proprietary trading firm traders, as many firms require positions to be protected with a Stop Loss at the time of entry. By enforcing these requirements automatically, traders can reduce the risk of accidental rule violations while maintaining consistent account management practices.
“The Trade Protection Requirement feature was developed to address a common problem,” Petrauskas explained. “Even experienced traders can occasionally forget to place a Stop Loss. The ability to prevent those trades from being copied provides another safeguard when managing multiple accounts.”
In addition to new functionality, Version 3.0.0 delivers several technical improvements focused on compatibility and usability.
The release resolves MT5 Error 4756, a compatibility issue that prevented trade copying on some MetaTrader 5 brokers. Improvements have also been made to MT5 trading session detection, reducing situations where instruments were incorrectly reported as unavailable for trading.
Another notable change is the transition from pip-based calculations to a fully points-based configuration system. The update removes the need for custom pip conversion settings and allows traders to use the same values displayed directly within MT4 and MT5.
Starting with Version 3.0.0, both MT4 and MT5 editions of Local Trade Copier also share the same version numbering structure. The change simplifies software maintenance and makes it easier for traders to identify and track updates across platforms.
Key additions and improvements in Version 3.0.0 include:
• Manual-Like Execution Mode
• Random Trade Entry Delays
• Random Trade Close Delays
• Trade Protection Requirement
• Randomized Stop Loss and Take Profit Adjustments
• MT5 Error 4756 Fix
• Improved MT5 Trading Session Detection
• Points-Based Configuration System
• Unified Version Numbering for MT4 and MT5
The release reflects a broader trend within the forex trading industry toward greater execution flexibility, stronger risk controls, and improved account management tools for traders operating across multiple platforms and funding models.
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