Specifications

Here, you will find detailed information about the different account types offered by MetaCopier and about the platform.

Latency

Latency is the time it takes to connect to your broker and receive a response (Round Trip Time), which is crucial in trading. Lower latency results in faster replications.

MetaCopier provides different regions to cover most brokers. The picture below shows the latency for different locations.

The latency in the picture represents the total time for a round trip (both directions). For example, if we set up two accounts in London, it would take 2.5ms to receive the trade from the master account and another 2.5ms to send it to the slave account, making the total latency of 5ms.

MetaCopier has an internal execution time of 5ms. So, using the previous example, the total time from the master account to the slave account would be around 10ms. After that, there's the broker's execution time to actually place the order, which can vary depending on server performance, current system load and market conditions.

Order types compatibility

The following order types are supported for copying trades on the trading platform. By default, limit orders are omitted from being copied. This is our recommendation and works perfectly for most use cases. If you require this feature for your project, please let us know, and we will activate the option for you. Accounts can be added either as master or as slave for copying trades.

Soft limits

MetaCopier is designed to scale seamlessly, accommodating millions of accounts without hard restrictions. To maintain optimal performance and prevent misuse, we have established the following soft limits:

Customer limits

Description

Limit

Projects

30

Project limits

Description

Limit

Accounts

100

Strategies

100

Dedicated IPs

20

Account limits

Description

Limit

Copiers

50

Risk limits

10

Labels

10

If your requirements exceed these limits, please contact us to discuss adjustments.

DXtrade

Blocked APIs

The following prop firms have blocked access to their APIs, therefore it is not possible to add accounts in Metacopier. If possible, we suggest to use another compatible platform.

Prop firm

URL

MyFundedFX

https://webtrader.myfundedfx.com/

FTMO

https://dxtrade.ftmo.com/

Eightcap (Prop)

https://prop.dx-eightcap.com/

TradeLocker

TradeLocker may take up to 2 minutes to fully connect the account and enable trading.

Match-Trader

Match-Trader currently does not provide the broker ID required to connect via the API (but they are working on it). You can request this information from your broker or try the following tip.

Open the Match-Trader WebUI in your browser, then inspect the source code of the WebUI. Depending on your browser, follow these steps (or search in Google if you are not sure):

In Google Chrome:

Right-click anywhere on the page.
Select "View Page Source" from the context menu, or use the keyboard shortcut Ctrl + U (Windows/Linux) or Cmd + Option + U (Mac).

In Mozilla Firefox:

Right-click anywhere on the page.
Select "View Page Source" from the context menu, or use the keyboard shortcut Ctrl + U (Windows/Linux) or Cmd + U (Mac).

In Internet Explorer:

Right-click anywhere on the page.
Select "View Source" from the context menu, or press Alt + Ctrl + U.

Within the source code, look for the term "brokerId". You should find something like this:

coIntegration: {
        managerUrl: '/manager',
        brokerId: '2',
        coUrl: ''
    },

In this case, the broker ID is 2. In the screenshot below, you can see a working configuration for a challenge at E8 Markets. Use it as a reference if needed.

Binance

Binance cannot be used as the source (master) but only to copy positions.
One Way and Hedge mode is supported
Binance does not support multiple positions for the same symbol, only a single aggregated position. If there are multiple positions on the master account, they will be merged into one. In this case, the ticket number of the oldest position on the master account will be used for tracking purposes.
Since Binance only supports one aggregated position per symbol, MetaCopier adapts TP/SL management as follows:
- For Buy Positions:
  - The highest Take Profit (TP) among all master positions is applied.
  - The lowest Stop Loss (SL) among all master positions is applied.
- For Sell Positions:
  - The lowest Take Profit (TP) among all master positions is applied.
  - The highest Stop Loss (SL) among all master positions is applied.
Price differences between a normal Broker and Binance
- There can be significant price differences between a normal broker and Binance (a direct market exchange). This is due to variations in liquidity, spreads, and pricing models used by brokers versus exchanges.
When adding a copier to the Binance account, the option "Hide comment" must be activated. This means that manual trading or positions opened by other systems are not allowed.

How to generate an API Key and Secret Key on Binance

To connect your Binance account to MetaCopier, you can generate your API keys using one of the following methods:

Automatic Key Generation – Use the button in our web app to generate your API Key and Secret Key automatically, making the process quick and seamless.
Manual Key Generation – If you prefer, you can manually create and configure your API keys by following the steps below to ensure secure setup.

Step 1: Log in to Binance

Go to the Binance website.
Click Log In and enter your credentials (email and password).
Complete the 2FA authentication (if enabled).

Step 2: Navigate to API Management

Click on your profile icon (top-right corner).
Select API Management from the dropdown menu.

Step 3: Create a new API Key

Under API Key Management, click Create API.
Choose System-generated API Key or Self-generated API Key.
Enter a label/name for your API key (e.g., "MetaCopier").
Click Next and complete the security verification (email/SMS/Google Authenticator).

Step 4: Configure API key permissions

Copy and store your API Key and Secret Key securely.
- The Secret Key is shown only once—make sure to save it.
Edit API restrictions:
- Enable "Enable Futures" if you plan to trade futures.
- Disable "Enable Withdrawals" (recommended for security).
Click Save to finalize the setup.

Step 5: Connect to MetaCopier

Log in to MetaCopier.
Create an binance account
Enter the API key and Secret key in the password field using the format: apikey|secretkey

Security tips

Do not share your Secret Key with anyone.
Use Binance API restrictions to limit permissions.
Regularly review and rotate API keys for security

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Last updated 9 days ago

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Here, you will find detailed information about the different account types offered by MetaCopier and about the platform.

Latency

Latency is the time it takes to connect to your broker and receive a response (Round Trip Time), which is crucial in trading. Lower latency results in faster replications.

MetaCopier provides different regions to cover most brokers. The picture below shows the latency for different locations.

The latency in the picture represents the total time for a round trip (both directions). For example, if we set up two accounts in London, it would take 2.5ms to receive the trade from the master account and another 2.5ms to send it to the slave account, making the total latency of 5ms.

MetaCopier has an internal execution time of 5ms. So, using the previous example, the total time from the master account to the slave account would be around 10ms. After that, there's the broker's execution time to actually place the order, which can vary depending on server performance, current system load and market conditions.

Order types compatibility

The following order types are supported for copying trades on the trading platform. By default, limit orders are omitted from being copied. This is our recommendation and works perfectly for most use cases. If you require this feature for your project, please let us know, and we will activate the option for you. Accounts can be added either as master or as slave for copying trades.

Soft limits

MetaCopier is designed to scale seamlessly, accommodating millions of accounts without hard restrictions. To maintain optimal performance and prevent misuse, we have established the following soft limits:

Customer limits

Description

Limit

Projects

30

Project limits

Description

Limit

Accounts

100

Strategies

100

Dedicated IPs

20

Account limits

Description

Limit

Copiers

50

Risk limits

10

Labels

10

If your requirements exceed these limits, please contact us to discuss adjustments.

DXtrade

Blocked APIs

The following prop firms have blocked access to their APIs, therefore it is not possible to add accounts in Metacopier. If possible, we suggest to use another compatible platform.

Prop firm

URL

MyFundedFX

https://webtrader.myfundedfx.com/

FTMO

https://dxtrade.ftmo.com/

Eightcap (Prop)

https://prop.dx-eightcap.com/

TradeLocker

TradeLocker may take up to 2 minutes to fully connect the account and enable trading.

Match-Trader

Match-Trader currently does not provide the broker ID required to connect via the API (but they are working on it). You can request this information from your broker or try the following tip.

Open the Match-Trader WebUI in your browser, then inspect the source code of the WebUI. Depending on your browser, follow these steps (or search in Google if you are not sure):

In Google Chrome:

Right-click anywhere on the page.
Select "View Page Source" from the context menu, or use the keyboard shortcut Ctrl + U (Windows/Linux) or Cmd + Option + U (Mac).

In Mozilla Firefox:

Right-click anywhere on the page.
Select "View Page Source" from the context menu, or use the keyboard shortcut Ctrl + U (Windows/Linux) or Cmd + U (Mac).

In Internet Explorer:

Right-click anywhere on the page.
Select "View Source" from the context menu, or press Alt + Ctrl + U.

Within the source code, look for the term "brokerId". You should find something like this:

coIntegration: {
        managerUrl: '/manager',
        brokerId: '2',
        coUrl: ''
    },

In this case, the broker ID is 2. In the screenshot below, you can see a working configuration for a challenge at E8 Markets. Use it as a reference if needed.

Binance

Binance cannot be used as the source (master) but only to copy positions.
One Way and Hedge mode is supported
Binance does not support multiple positions for the same symbol, only a single aggregated position. If there are multiple positions on the master account, they will be merged into one. In this case, the ticket number of the oldest position on the master account will be used for tracking purposes.
Since Binance only supports one aggregated position per symbol, MetaCopier adapts TP/SL management as follows:
- For Buy Positions:
  - The highest Take Profit (TP) among all master positions is applied.
  - The lowest Stop Loss (SL) among all master positions is applied.
- For Sell Positions:
  - The lowest Take Profit (TP) among all master positions is applied.
  - The highest Stop Loss (SL) among all master positions is applied.
Price differences between a normal Broker and Binance
- There can be significant price differences between a normal broker and Binance (a direct market exchange). This is due to variations in liquidity, spreads, and pricing models used by brokers versus exchanges.
- To ensure accurate risk management, we highly recommend enabling the feature in MetaCopier and activating the "Adjust with master distance" option. This ensures that Take Profit (TP) and Stop Loss (SL) levels are adjusted dynamically based on the price difference between the master and slave accounts, improving trade execution reliability.
When adding a copier to the Binance account, the option "Hide comment" must be activated. This means that manual trading or positions opened by other systems are not allowed.

How to generate an API Key and Secret Key on Binance

To connect your Binance account to MetaCopier, you can generate your API keys using one of the following methods:

Automatic Key Generation – Use the button in our web app to generate your API Key and Secret Key automatically, making the process quick and seamless.
Manual Key Generation – If you prefer, you can manually create and configure your API keys by following the steps below to ensure secure setup.

Step 1: Log in to Binance

Go to the Binance website.
Click Log In and enter your credentials (email and password).
Complete the 2FA authentication (if enabled).

Step 2: Navigate to API Management

Click on your profile icon (top-right corner).
Select API Management from the dropdown menu.

Step 3: Create a new API Key

Under API Key Management, click Create API.
Choose System-generated API Key or Self-generated API Key.
Enter a label/name for your API key (e.g., "MetaCopier").
Click Next and complete the security verification (email/SMS/Google Authenticator).

Step 4: Configure API key permissions

Copy and store your API Key and Secret Key securely.
- The Secret Key is shown only once—make sure to save it.
Edit API restrictions:
- Enable "Enable Futures" if you plan to trade futures.
- Disable "Enable Withdrawals" (recommended for security).
Click Save to finalize the setup.

Step 5: Connect to MetaCopier

Log in to MetaCopier.
Create an binance account
Enter the API key and Secret key in the password field using the format: apikey|secretkey

Security tips

Do not share your Secret Key with anyone.
Use Binance API restrictions to limit permissions.
Regularly review and rotate API keys for security

To ensure accurate risk management, we highly recommend enabling the feature in MetaCopier and activating the "Adjust with master distance" option. This ensures that Take Profit (TP) and Stop Loss (SL) levels are adjusted dynamically based on the price difference between the master and slave accounts, improving trade execution reliability.

💢

TP/SL Management