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Copy trading guide

MT5 Copy Trading Step by Step

Let the ICC master account trade for you. This guide shows how copy trading works, what you need, how to install the ICC Copier EA in MetaTrader 5, how your lot size is calculated and what to do when something does not work.

VIP featureCopies in about 1 secondAny MT5 broker (Axi recommended)Set up in 10 minutes
Buttons, menus and settings are written exactly as you see them in the ICC app and in MetaTrader 5, in bold. Pictures marked “Illustration” show MetaTrader 5 screens in a simplified way.
01

How copy trading works

The ICC master account trades on its own MetaTrader 5. The ICC Copier EA runs in your MetaTrader 5, asks the ICC server about once a second for the master's open trades and copies them into your account — with a lot size that fits your balance.

Illustration: how a master trade reaches your MT5 account.
Illustration: how a master trade reaches your MT5 account.
  • New trade on the master → the EA opens the same trade (same symbol and direction) for you.
  • Stop loss / take profit changed → your copy is updated.
  • Part of the trade closed → the same share of your copy is closed.
  • Trade closed → your copy is closed.
Only the master's trades are copied. Your own trades in the same MT5 account are never touched by the EA.
02

What you need

Check this list before you start:

  1. An ICC Terminal account with an active VIP plan (copy trading is a VIP feature).
  2. A MetaTrader 5 trading account with a broker. We recommend Axi — the Open Axi Account button is in the app. Any MT5 broker that offers the same markets works too.
  3. MetaTrader 5 on a Windows PC or a VPS that stays on 24 hours, 5 days a week. The EA only copies while MT5 is open and connected.
  4. About 10 minutes for the setup.
MetaTrader 5 on a phone (Android / iPhone) cannot run EAs. You can watch your trades on the phone, but the EA must run on a PC or VPS.
New to copy trading? Start with a demo account first, check that trades arrive, then move to your live account.
03

Step 1 — Download the ICC Copier EA

You can download the EA (file ICC_Copier.ex5) in three places:

  • App: tab More → Trades & copy → Copy Trading card → Download EA.
  • Web / Windows terminal: tab Copy Trading → Download ICC Copier EA.
  • Website: iccterminal.trade → Download the ICC Copier EA.
Download it on the PC or VPS where MetaTrader 5 runs, so you don't have to move the file.
04

Step 2 — Put the EA into MetaTrader 5

MetaTrader 5 only sees EAs that are inside its own data folder.

MetaTrader 5
Illustration: File → Open Data Folder → MQL5 → Experts.
Illustration: File → Open Data Folder → MQL5 → Experts.
  1. Open MetaTrader 5 and log in to your trading account.
  2. Click File → Open Data Folder. A Windows folder opens.
  3. Open MQL5, then Experts, and copy ICC_Copier.ex5 into it.
  4. Back in MetaTrader 5, open the Navigator (Ctrl+N), right-click Expert Advisors and click Refresh. ICC_Copier now appears in the list.
05

Step 3 — Allow the EA to talk to the ICC server

The EA gets the master's trades over the internet, so MetaTrader 5 must allow it once:

MetaTrader 5
Illustration: Tools → Options → Expert Advisors — allow WebRequest for the ICC server.
Illustration: Tools → Options → Expert Advisors — allow WebRequest for the ICC server.
  1. Click Tools → Options and open the Expert Advisors tab.
  2. Tick Allow algorithmic trading.
  3. Tick Allow WebRequest for listed URL, double-click the empty line below it and type https://api.iccterminal.trade — exactly like this.
  4. Click OK.
  5. Make sure the Algo Trading button in the top toolbar is switched on (green).
If the chart later shows “Add https://api.iccterminal.trade in Tools > Options > Expert Advisors > Allow WebRequest”, this step is missing or the address has a typo.
06

Step 4 — Get your EA token

The EA token connects the EA to your ICC account. Get it in the app (tab More → Trades & copy → Copy Trading card) or in the web / Windows terminal (tab Copy Trading):

App: More → Trades & copy — the Copy Trading card.
App: More → Trades & copy — the Copy Trading card.
App: your EA token is shown only once — copy it.
App: your EA token is shown only once — copy it.
  1. Tap Get EA token (or New EA token if you had one before).
  2. The token starts with ea_. It is shown only once — tap Copy & close (app) or copy it from the box (web) and keep it safe.
  3. Treat the token like a password: anyone with it can connect an EA to your account.
Creating a new token switches the old one off at once. If you move to a new PC or VPS, simply make a new token and paste it into the EA there.
07

Step 5 — Start the EA on one chart

Open any one chart (for example EURUSD) — the EA copies every market from that one chart.

MetaTrader 5
Illustration: the ICC Copier settings (Inputs tab) — paste your EA token.
Illustration: the ICC Copier settings (Inputs tab) — paste your EA token.
  1. Drag ICC_Copier from the Navigator onto the chart.
  2. On the Common tab, make sure Allow Algo Trading is ticked.
  3. On the Inputs tab, double-click the value of Your EA token and paste your token.
  4. Leave the other settings as they are (see the table below) and click OK.
SettingDefaultWhat it does
Terminal server URLhttps://api.iccterminal.tradeThe ICC server. Do not change it.
Your EA tokenemptyPaste your token here (starts with ea_).
How often to check the master1 secondHow fast new trades are copied.
Your broker symbol suffixempty (automatic)Usually not needed: the EA finds your broker's name by itself (e.g. master XAUUSD.pro → your XAUUSD).
Different symbol namesempty (automatic)Only if your broker uses a completely different name, e.g. XAUUSD=GOLD;US30=DJ30.
Never open more than this lot5.0Safety limit per trade.
Skip master trades older than30 minutesTrades the master opened longer ago are not copied (late entries at a worse price).
Max slippage50 pointsLargest price difference accepted when opening.
Copy stop loss / take profittrueCopies the master's SL and TP.
Magic number for copied trades7730001Marks the copied trades. Do not change it while copies are open.
Run the EA on one chart only. Two copies of the EA in the same account can open every trade twice.
08

Step 6 — Switch copying on

Go back to the app (tab More → Trades & copy) or the web / Windows terminal (tab Copy Trading):

app.iccterminal.trade
Web / Windows terminal: tab Copy Trading — copy switch, lot multiplier, EA token and status.
Web / Windows terminal: tab Copy Trading — copy switch, lot multiplier, EA token and status.
MetaTrader 5
Illustration: the EA's status in the top-left corner of the chart.
Illustration: the EA's status in the top-left corner of the chart.
  1. Switch Copy master trades into my MT5 ON.
  2. Choose your Lot multiplier (0.5x, 1x, 1.5x, 2x, 3x or 5x). 1x is the normal size.
  3. Within a minute the card shows EA: online, your MT5 account number and balance.
  4. On the MT5 chart the EA shows Status: Copying.
Done. From now on the master's new trades appear in your MetaTrader 5 automatically, as long as MT5 stays open.
09

How your lot size is calculated

Every copied trade uses the same formula:

Lot = 0.01 × (your balance ÷ 1,000) × your multiplier — rounded down to your broker's lot step, never below the smallest lot (0.01) and never above Never open more than this lot (5.0).
Balance0.5x1x2x5x
500 USD0.010.010.010.02
1,000 USD0.010.010.020.05
5,000 USD0.020.050.100.25
10,000 USD0.050.100.200.50
50,000 USD0.250.501.002.50
  • The lot does not depend on the master's lot — only on your balance and multiplier.
  • Balances under 1,000 USD still copy with the smallest lot (0.01), which means more risk compared with your balance.
  • The app and terminal show Lot size … → x.xx lot now for your current balance.
10

What is copied — and what is not

  • Copied: new master trades opened in the last 30 minutes, SL/TP changes, partial closes (same share of your lot) and full closes.
  • Not copied: master trades that were already older than 30 minutes when your EA saw them — for example trades opened before you started the EA or while your PC was off.
  • Copy switched OFF (or VIP plan ended): no new trades are opened. Copies that are already open still follow the master — they are closed when the master closes them.
  • PC / VPS off or no internet: nothing happens to open copies. When the EA is back online it catches up: it closes copies whose master trade is closed and updates SL/TP.
  • Symbols: the EA finds your broker's name automatically (e.g. XAUUSD, XAUUSD.pro). If a market is still not found, the Experts tab shows “symbol … not found” — enter your broker's name in Different symbol names, e.g. XAUUSD=GOLD.
Don't close copied trades by hand while the master trade is open and younger than 30 minutes — the EA would open it again. To stop copying, switch Copy OFF first.
11

Status messages and what to do

The EA writes its status in the top-left corner of the chart. The app / terminal card shows the same reason.

MessageWhat to do
Status: CopyingEverything works.
Status: Paused — Copy is switched OFF in your app / dashboard.Switch Copy master trades into my MT5 ON.
Copy trading needs an active VIP plan.Buy or renew a VIP plan (app: My Account).
Token rejected / Invalid EA tokenMake a new token and paste it into the EA's Your EA token setting.
Add https://api.iccterminal.trade in Tools > Options > …Do Step 3 again and check the address.
Cannot reach serverCheck the internet of the PC / VPS. The EA retries by itself.
Copy trading is paused by the admin.Copying is paused for everyone for a moment. Nothing to do.
EA: offline (in the app)MT5 is closed, the PC / VPS is off, or the EA is not on a chart.
A trade was not copiedLook at MT5 → Toolbox → Experts tab: “too old”, “symbol not found”, not enough margin or market closed.
12

Good habits

  • Use a VPS so MT5 runs 24/5 even when your own PC is off.
  • Start with 1x (or 0.5x) and watch a few trades before you increase the multiplier.
  • Keep enough free margin — if the account has too little margin, the broker rejects the copy.
  • Don't change the EA's Magic number or remove “ICC#” comments from copied trades.
  • Check the app's Copy Trading card now and then: EA: online and Open copies tell you everything is fine.

Questions? Tap Need help? Contact support in the app or write to us on WhatsApp: +92 330 4040740.

13

Risk warning

Copy trading opens real trades in your account. Losses of the master account are copied too. Past results do not guarantee future results. Trading forex, commodities, indices and crypto on margin carries a high level of risk and may not be suitable for everyone. Only trade money you can afford to lose.