Telegram signal copier for MT4, MT5 and TradeLocker: the guide
Do you follow a signal channel on Telegram and copy every order by hand? A signal copier reads the channel's messages and places the orders on your account for you, within seconds. This guide explains how it works and how to set it up with MullTrade.
What is a Telegram signal copier?
It is a program that links a Telegram channel to your trading account. When the trader posts a signal (for example "XAUUSD BUY, SL 2335, TP 2350"), the copier reads it, checks that it is complete and consistent, then places the matching order with your broker, using the position size you chose. It also follows management messages: breakeven, partial close, stop loss moves.
| Copying by hand | Automatic copier | |
|---|---|---|
| Delay | Several minutes, sometimes more | A few seconds |
| Availability | Only when you are in front of the screen | Continuously, while the market is open |
| Typing errors | Frequent (lot, SL, TP) | None: the levels in the message are used as they are |
| Breakeven, partial close | Up to you | Automatic |
Choose your platform
- Copy Telegram signals to MetaTrader 5 (MT5)
- Copy Telegram signals to MetaTrader 4 (MT4)
- Copy Telegram signals to TradeLocker
Why automate signal copying?
- Speed: the order goes out a few seconds after the message, at the price announced by the trader, not ten minutes later.
- Freedom: no need to be in front of your screen or to leave a computer on, MullTrade runs on our servers in France.
- No typing errors: no forgotten stop loss, no swapped take-profit, no wrong lot size.
- Management followed: when the trader announces a breakeven, a partial close or a new stop loss, it is applied right away.
What you need
- A MetaTrader 4, MetaTrader 5 or TradeLocker account, live or demo, with the broker of your choice.
- Your Telegram account, subscribed to the signal channel you want to copy.
- That's all: no VPS, software or EA to install.
Setup in 5 steps
- Create your MullTrade account and start the 3-day free trial (Standard plan, no credit card).
- Connect your trading account. Choose your platform (MT4, MT5 or TradeLocker) and enter the credentials your broker sent you. They are encrypted as soon as they are saved.
- Connect Telegram by scanning a QR code or with your phone number. MullTrade only reads the messages of the channels you choose.
- Choose the channel(s) to copy: up to 5 with the Standard plan.
- Set up your bot: position size (fixed lot or risk percentage), number of TPs, protections (daily loss limit, trading hours, news filter). The next signals are copied automatically, and the live log shows you what the bot does with each message.
Which signals are understood?
The Standard plan understands the usual signal formats, in French and English: symbol, direction, market, limit or stop order, entry price, stop loss and one or more take-profits. For example:
XAUUSD BUY 2345 SL 2335 TP1 2350 TP2 2360
It also follows the most common management messages: breakeven, partial close ("close 50%"), new stop loss, cancellation of a pending order. You can test a message from your channel for free with the signal tester on the home page.
The AI plan has every message read by an artificial intelligence: it also understands free formats, messages written in everyday language and screenshots. In both cases, a message that is not understood with certainty triggers no order, and you are notified.
What about security?
- Your trading credentials are encrypted as soon as they are saved and are never stored in plain text.
- MullTrade has no access to your money: it places orders on your trading account, and withdrawals can only be made in your broker's client area.
- On Telegram, MullTrade reads the messages of the channels you choose and never sends anything on your behalf.
Frequently asked questions
Do I need to leave my computer on?
No. The bot runs on our servers in France, continuously.
Can I try it for free?
Yes: 3 days with the Standard plan, no credit card. You can also start on a demo account.
How much does it cost?
From €20 per month for the Standard plan, with no commitment and no automatic charge. See the pricing.
Does MullTrade guarantee profits?
No. MullTrade faithfully copies the signals of the channel you choose: the results depend entirely on that channel and on the market.