DUBAI, UAE — September 9, 2025 — In an era where algorithmic precision and high-frequency trade management define the success of a professional trader, the margin for error has narrowed to near zero. Addressing these mounting pressures, Rimantas Petrauskas, a prominent figure in the fintech and forex development space, today announced the global release of Local Trade Copier version 2.9.9j for MetaTrader 4 (MT4) and version 1.1.12 for MetaTrader 5 (MT5).

This strategic update arrives as the proprietary (prop) trading industry reaches a fever pitch, with thousands of traders managing multi-account portfolios across various brokerages. By refining the core architecture of the Local Trade Copier, Petrauskas aims to offer a robust solution that minimizes latency, enhances safety protocols, and provides granular control—essential requirements for traders operating within the strict drawdown and risk-management parameters set by modern prop firms.


The Evolution of Trade Copying: Bridging the Gap

The concept of "trade copying" has evolved from a niche tool for signal providers into an indispensable infrastructure for retail and institutional traders alike. For a trader managing capital across five different prop firm accounts, the synchronization of entry prices, stop losses, and take profits is not just a convenience—it is a financial necessity.

The Local Trade Copier has long stood as a market leader in this niche, facilitating the seamless mirroring of trades across MetaTrader platforms. However, as broker execution models shift and the technical requirements of prop firms become more rigorous, the software ecosystem must adapt. The release of versions 2.9.9j (MT4) and 1.1.12 (MT5) is the culmination of months of iterative development, performance testing, and feedback integration from a global community of users.


Technical Advancements: What’s Under the Hood?

At the heart of the latest update is a comprehensive overhaul of the software’s engine. While the core functionality remains rooted in its signature ease of use, the internal logic has been optimized to handle the "noise" of modern market conditions.

1. Refined Latency and Execution Logic

One of the most persistent challenges in trade copying is the "slippage gap"—the time difference between an order execution on a master account and its subsequent replication on slave accounts. The latest versions introduce an optimized execution algorithm that prioritizes packet prioritization. By reducing the CPU overhead of the terminal, the software ensures that trade signals are relayed with near-instantaneous speed, a vital feature for scalpers and news traders.

2. Enhanced Stop Loss/Take Profit (SL/TP) Management

Proprietary trading firms often utilize "hard" risk management rules. If a trader fails to set a stop loss within a specific timeframe or if an execution error causes an account to drift from the intended strategy, the result can be an instant disqualification. Version 2.9.9j and 1.1.12 introduce intelligent SL/TP synchronization, ensuring that even if a network interruption occurs, the system performs a "self-check" upon reconnection to ensure all active positions match the risk profile of the master account.

3. Advanced Settings Management

The user interface (UI) has seen a shift toward modular control. Traders can now create "profiles" for different brokers, allowing them to switch between account types (e.g., ECN accounts vs. Standard accounts) without having to manually re-configure settings. This flexibility is particularly useful for traders who balance accounts across diverse regulatory environments and liquidity providers.


The Prop Firm Phenomenon: A New Era of Risk Management

The rise of proprietary trading firms—companies that provide capital to retail traders in exchange for a profit split—has fundamentally altered the landscape of the forex market. Unlike traditional retail trading, where a loss is merely a reduction in personal equity, prop firm trading comes with strict "kill switches."

"Prop firm traders often face strict rules where even a small execution detail can affect results," noted Rimantas Petrauskas during the launch event. "In this environment, you aren’t just trading against the market; you are trading against a set of complex rules. This release brings additional control and stronger safety checks, ensuring that trade copying is both accurate and reliable under the most intense market volatility."

The implications of these updates are significant:

Local Trade Copier Releases New Software Versions for MT4 and MT5, Enhancing Safety and Flexibility for Traders Local Trade Copier Releases New Software Versions for MT4 and MT5, Enhancing Safety and Flexibility for Traders
  • Reduced Disqualification Risk: By ensuring that stop losses are replicated with 100% accuracy, the software acts as a safety net against "fat-finger" errors or synchronization failures.
  • Scalability: Traders can now comfortably manage larger "fleets" of accounts, allowing for more efficient capital allocation.
  • Operational Consistency: Whether a trader is using a low-latency VPS or a local connection, the software’s improved error-handling ensures that the strategy remains uniform across all terminals.

Chronology of Development: From Concept to Global Standard

The journey of the Local Trade Copier is a testament to the growth of the MetaTrader ecosystem.

  • The Early Years: When Petrauskas first conceptualized the copier, the goal was simple: provide a bridge for signal providers to share trades with their subscribers.
  • The Middle Period: As the EA-Coder blog gained traction, user demand shifted from simple copying to complex account management. Petrauskas pivoted, developing sophisticated risk management tools within the copier, such as automated lot-sizing and equity-based risk protection.
  • The Modern Era: With the launch of 2.9.9j and 1.1.12, the focus has moved toward "institutional-grade" reliability. This phase represents a transition from a "convenience tool" to an "operational necessity" for the professional prop-trader.

Supporting Data and User Feedback

In recent beta testing, conducted with a group of 500 active prop-trader users, the latest updates showed a 22% reduction in reported synchronization discrepancies. Participants noted that the new "Safety Check" feature—which prevents trades from opening if the connection to the server is below a certain threshold—significantly boosted their confidence during high-impact news events like the Non-Farm Payroll (NFP) report.

The reliability of the system is backed by years of development by Petrauskas, who is not only a developer but a practicing trader. His dual expertise allows him to anticipate the "pain points" of a trader before they become systemic failures.


Official Response and Future Outlook

When asked about the future of the Local Trade Copier, Petrauskas emphasized the importance of staying ahead of broker API changes. "The market never stops changing," he stated. "Brokers are constantly updating their servers and liquidity feed structures. Our goal is to ensure that the Local Trade Copier remains the ‘invisible’ component of a trader’s success—the part that works so well you forget it’s even there."

The release of these versions is not merely a bug fix; it is a declaration of intent. As the forex industry moves toward more professionalized structures, the demand for high-performance software that can handle simultaneous, multi-account execution will only grow.


Implications for the Global Trading Community

For the individual trader, the update provides a psychological edge. Knowing that the technical side of the trade—the synchronization, the risk, the execution—is handled by reliable software allows the trader to focus on what matters most: market analysis and strategy execution.

Furthermore, these tools are helping to democratize the industry. By allowing traders to manage multiple accounts from a single source, the Local Trade Copier enables individuals to scale their operations in a way that was previously reserved for institutional hedge funds.

Key Takeaways for Users:

  • Upgrade Urgency: Users are encouraged to update to versions 2.9.9j (MT4) and 1.1.12 (MT5) immediately to benefit from the enhanced safety protocols.
  • Compatibility: The updates are fully compatible with existing setups, ensuring a smooth transition without the need to overhaul current configurations.
  • Support: For those requiring assistance with the transition, the dedicated support team at mt4copier.com is available to provide documentation and setup guides.

About Rimantas Petrauskas

Rimantas Petrauskas is a veteran in the algorithmic trading industry. Beyond his development work, he is the author of “How to Start Your Own Forex Signals Service,” a foundational text for many in the industry. As the founder of ea-coder.com, he has cultivated a community of thousands of traders, programmers, and entrepreneurs. His commitment to transparency and technical excellence has made him a trusted name in the global trading community.

"I view my software as an extension of the trader’s intent," says Petrauskas. "If the trader has a profitable strategy, the copier should never be the reason that strategy fails. With these new versions, we are closer than ever to that ideal."

For further inquiries, technical documentation, or to download the latest updates, please visit the official website at https://www.mt4copier.com.

Media Contact:
Rimantas Petrauskas
Founder, Local Trade Copier
Email: [email protected]
Website: www.mt4copier.com