For MetaTrader 5 · Windows and macOS

Copy one MT5 account to all of them. Without breaking a prop rule.

Trade on your master and Pipswell copies it to the other accounts, or open the trade in Pipswell and tick the accounts it goes to. Every account gets the right lot for its size, and a prop account stops taking new trades before it breaks its drawdown.

Start 7-day free trial
  • No card for the trial
  • Runs on your computer
  • Any MT5 broker and prop firm

00The problem

Ever opened the wrong lot on the wrong account?

Error 01by hand, terminal by terminal

The same trade, five times

Clicking one entry on every terminal takes time. The price moves while you click.

Error 0250K vs 200K

Lot math on every account

A 50K and a 200K account need different lots for the same risk. One typo and the challenge is gone.

Error 03daily drawdown

One bad day ends the challenge

The daily drawdown is gone before you notice. Usually on news or on a revenge trade.

01Trade copier

One click. BUY 1.00 XAUUSD.

Trade on your master as always. The master is the account you trade on, the others are copies. Or skip the master: open the trade in the Pipswell ticket and tick the accounts it should go to. Each one gets its own lot from its risk.

Pipswell opens an MT5 terminal for every account and keeps it running.

Order ticketsource: Pipswell ticketNo. 50 318 20709:31:07
Symbol
XAUUSD
Side
BUY
Price
4322.06
SL
4309.56

TICKED ACCOUNTS

  • master_100kmaster
  • prop_50k×0.5
  • prop_200k1 %
  • personal0.10
Attachment 01-Avideo
The Pipswell ticket: tick the accounts, each one gets its own lot.

02Lot sizing

Four accounts. Four right lots.

Set the size of every copy: a multiplier (×0.5), a fixed lot (0.10) or a % risk (1 %). When the master opens a trade, the copies follow at once, with SL, TP, partial closes and break-even.

Change the numbers, the copies recalculate. % risk: prop_200k, SL 12.50 (125 pips).

FillmasterNo. 50 318 207
master_100k
1.00lot

BUY @ 4322.06 · SL 4309.56

Fill×0.5No. 50 318 208
prop_50k
0.50lot

BUY @ 4322.06 · SL 4309.56

Fill1 % riskNo. 50 318 209
prop_200k
1.60lot

BUY @ 4322.06 · SL 4309.56

FillfixedNo. 50 318 210
personal
0.10lot

BUY @ 4322.06 · SL 4309.56

Attachment 02-Avideo · copy map
The copy map: master on the left, copies on the right, each with its own setting.

03TradingView chart

Drag SL and TP on the chart. The copies follow.

Drag SL and TP on the chart and Pipswell sizes every account by risk: up to 3 TPs, layering, automatic break-even.

The fail price right on the chart: the price at which the account would break today's limit.

TP1 · 1.00RTP2 · 2.00RFail price (daily)
Modifyposition change · from the chartNo. 50 318 20709:44:20
SL
4309.564311.20
TP1
4334.56
TP2
4347.064352.00
The change passed to the copies
AccountSLTP2Status
master_100k4311.204352.00OK
prop_50k4311.204352.00OK
prop_200k4311.204352.00OK
personal4311.204352.00OK

The daily fail price is drawn on the chart for every prop account.

Attachment 03-Avideo
The chart in the app: SL, TP and the fail price in one place.

04Prop firm protection

You see the fail price before the market gets there.

Pipswell knows the rules of your prop account and checks every new trade against them, from the copier and from the ticket. The other accounts keep trading.

  1. Built-in rules of 10+ prop firms: daily DD, max DD, target, consistency, minimum days.
  2. The fail price on the chart: the price at which the account would break today's limit.
  3. New trades are blocked on an account close to its limit. The others keep trading.
  4. News block: no new trades in the minutes around high-impact news.
Rejectionnew order · prop_50kNo. 50 318 23314:28:00
Order
BUY 0.50 XAUUSD
Account
prop_50k
Reason
daily DD
Other accounts
keep trading
Accounts during the news block and after it
AccountDuring newsAfter news
master_100kNEWS BLOCKTRADING
prop_50kNEWS BLOCKBLOCK · DD
prop_200kNEWS BLOCKTRADING
personalNEWS BLOCKTRADING
Attachment 04-Avideo
Prop account card: the room to the daily DD, live.
Attachment 04-Beconomic calendar
The economic calendar in Pipswell: the next high-impact event with a countdown, impact and currency filter
High-impact news with a countdown, filtered by currency. The news block uses the same times.

05Auto-management

TP1. Half out, SL to BE. Everywhere.

A partial close and break-even on the master go to every copy. When you want out now, Close all closes everything on every account in one click.

Partial closeTP1 @ 4334.56 · 50 %No. 50 318 20715:12:40
Lot before and after the partial close, SL to BE
AccountClosedRemainingSL
master_100k0.501.000.50BE
prop_50k0.250.500.25BE
prop_200k0.801.600.80BE
personal0.050.100.05BE
SL on every copy4322.06
Attachment 05-Avideo · open positions
Open positions of every account in one list, with Close all.

06Journal & stats

Closed. Logged by itself.

Every trade of every account is logged by itself. Win rate, profit factor, drawdown and an equity curve per account.

Win rateProfit factorDrawdownEquity curve
Statement · journalXAUUSD BUY · 4 accounts · logged automaticallyNo. 50 318 20716:05:13
The result of the illustrative trade on every account
AccountLotEntryExitR
master_100k1.004322.06TP1 ½ + BE+0.50
prop_50k0.504322.06TP1 ½ + BE+0.50
prop_200k1.604322.06TP1 ½ + BE+0.50
personal0.104322.06TP1 ½ + BE+0.50
Typed by hand0 rows

Illustrative trade. Not a result or a promise of one.

Attachment 06-Ajournal and stats
Stats in Pipswell: net P/L, number of trades, win rate, profit factor, max drawdown, equity curve and a calendar
Journal and stats: the equity curve and a calendar of results by day.

The real app with sample accounts. Times and document numbers on this page are illustrative.

$A ticket sized by risk

Fill in the ticket. Press BUY.

Change the stop loss, the account size or the risk and tick the accounts. Pipswell does the same math for every account when you open a trade from the ticket, and prints a slip for each one.

XAUUSD · 1 lot = 100 oz
1 pip = 0.10 USD → 10 USD per lot
lot = risk USD ÷ (SL pips × 10)
rounded down to 0.01

Order ticketpipswell · ticket · demoXAUUSDmarket
Side
SL price4317.06
Accounts on the ticket
AccountSize USDRisk %Lot
–
–
–
–

An illustrative example, not investment advice. Contract specifications differ by broker; Pipswell reads them from MT5.

Slip printer

Press BUY. A slip with the lot and the ticket number prints for every ticked account.

Also inside

Everything a multi-account trader needs.

Attachment A

Close all

One click closes everything on every account.

Attachment B

Windows and macOS

One install command.

Attachment C

Test mode first

Everything starts in test mode. Switch to live when you are ready.

Safety · It runs on your computer. Not in a cloud.

Local

Your passwords stay with you

Broker logins live only on your computer. Pipswell talks to MT5 locally.

Hosting

No VPS needed

Pipswell runs next to MetaTrader 5 on your PC or Mac, or on your own VPS if you want.

Company

A real company behind it

Made by JAROS Corp s. r. o., Slovakia. Write to support@pipswell.trade, a person answers.

Pricing

Pick the plan that fits your accounts.

The contract that fits you Pro €19.90 10 accounts · 7 days free, no card · founders price per account per month
Contractplan · StarterPSW-S2 accounts

Starter

One master and one copy.

€14.90
per month
  1. 2 accounts
  2. Live copying
  3. Size by multiplier or fixed lot
  4. Not included: Size by % risk
  5. Not included: Drawdown guards and news block
  6. Not included: Ticket on many accounts at once
  7. Not included: Priority support
  8. Journal: last 30 days
Choose Starter
Most popular
Contractplan · ProPSW-P10 accounts

Pro

For prop traders. Protects every account.

€19.90was €23.90
per month

Founders price · first 100 traders

  1. 10 accounts
  2. Live copying
  3. Size by multiplier or fixed lot
  4. Size by % risk
  5. Drawdown guards and news block
  6. Ticket on many accounts at once
  7. Not included: Priority support
  8. Full journal and stats
Start 7-day free trial

7 days free, no card

Contractplan · UnlimitedPSW-UUnlimited accounts

Unlimited

For big account fleets.

€47.90
per month
  1. Unlimited accounts
  2. Live copying
  3. Size by multiplier or fixed lot
  4. Size by % risk
  5. Drawdown guards and news block
  6. Ticket on many accounts at once
  7. Priority support
  8. Full journal and stats
Choose Unlimited

Free: 2 accounts, copier in test mode, journal for 7 days.

Download free

14-day money-back guarantee on your first payment

Prices include VAT where it applies. Subscriptions renew until cancelled; cancel any time and keep your plan until the end of the paid period. See the Terms and the Refund policy.

FAQ

Questions

Does Pipswell trade for me or give signals?

No. Pipswell is software. It copies and manages the trades you or your master account place, and sizes them by the rules you set. No investment advice, no signals.

Does my prop firm allow a trade copier?

Most firms allow copying between your own accounts, but the rules differ from firm to firm. Check your firm's rules before you copy. Pipswell copies only between the accounts you add.

Where do my broker passwords go?

Nowhere. Pipswell runs on your computer and talks to MetaTrader 5 locally. Your logins and passwords stay on your machine.

Does my computer have to stay on?

Yes, while you want copying to run. Pipswell runs next to MetaTrader 5 on your computer or on your own Windows VPS.

Which brokers work?

Any broker or prop firm with MetaTrader 5. Different symbol names (XAUUSD vs GOLD) are matched automatically and lots are converted by contract size.

How do the drawdown guards work?

You pick your firm's rules (or enter your own). Pipswell watches equity on every account and blocks new trades on an account that gets close to its daily or maximum limit.

How does the free trial work?

Create a Pipswell account in the app and you get every Pro feature for 7 days, without a card. After that you continue on Free unless you subscribe.

Can I cancel any time?

Yes, in one click on your account page. You keep Pro until the end of the period you paid for.

Install

Trade once. Every account follows.

Install Pipswell, add your accounts and copy your next trade. 7 days of Pro free, no card.

Install slip

Open Windows PowerShell and run:

irm https://raw.githubusercontent.com/jarsim/pipswell-desktop-releases/main/install.ps1 | iex

Needs MetaTrader 5, logged in once. Installs into your user folder.

Risk warning. Trading foreign exchange, CFDs and other leveraged products carries a high level of risk and may not be suitable for everyone; you can lose more than you deposit. Pipswell is a software tool and does not provide investment advice. Copying trades and risk guards do not guarantee profits or prevent losses, and prop firm rules are your responsibility.

The real app with sample accounts