How to Set Up Your MT5 Account for Trade Copying: Complete Step-by-Step Guide

Get Set Up in Under 30 Minutes

Setting up MetaTrader 5 for automated trade copying sounds technical, but the entire process takes less than 30 minutes — even if you've never opened a trading platform before.

This guide walks you through every single step: creating your Exness account, downloading MT5, configuring the settings, installing the Aurex Trade Copier EA, and verifying everything works. No steps skipped, no assumptions about your experience level.

By the end, your account will be receiving professional XAUUSD trades automatically.

Prerequisites

Before you start, you'll need:

• A computer (Windows recommended for MT5 desktop; Mac and mobile are covered below)
• A valid email address
• A phone number for verification
• Government-issued ID for broker verification (Exness requirement)
• Minimum $100 to fund your account (we recommend $500+)

Step 1: Create Your Exness Account

Why Exness?

The Aurex Trade Copier is built exclusively for Exness Standard accounts. Here's why:

• Tightest XAUUSD spreads — Lower trading costs mean more profit from each copied trade
• Instant execution — Critical for trade copying where speed matters
• MT5 support — Full MetaTrader 5 with Expert Advisor capabilities
• Reliable infrastructure — 99.99% uptime ensures copied trades execute consistently
• No restrictions on EAs — Some brokers limit automated trading; Exness fully supports it

Registration Process

1. Visit our official Exness partner link
2. Click "Register" or "Open Account"
3. Enter your email address and create a password
4. Select your country of residence
5. Verify your email by clicking the link sent to your inbox
6. Complete phone number verification
7. Upload your government-issued ID when prompted (passport, national ID, or driver's licence)

Important: You must register through our partner link for the Aurex Trade Copier to work with your account. Accounts created directly on Exness without the partner link are not eligible.

Verification Timeline

• Email verification: Instant
• Phone verification: 1-2 minutes
• ID verification: Usually 1-24 hours (sometimes instant with automated checks)

You can proceed with the next steps while ID verification is processing.

Step 2: Open an MT5 Standard Account

Once your Exness profile is verified:

1. Log into your Exness Personal Area (dashboard)
2. Click "Open New Account" or "New Real Account"
3. Select MetaTrader 5 as your platform
4. Choose Standard account type

Critical: Do NOT choose Raw Spread, Pro, or Zero accounts. The Aurex Trade Copier is calibrated specifically for Standard account execution and spread conditions.

5. Set your account currency (USD recommended)
6. Choose your leverage — 1:2000 is recommended for gold trading (allows smaller lot sizes with less margin)
7. Create a trading password for this account
8. Click "Create Account"

Save Your Credentials

After creation, you'll see:

• MT5 Account Number (e.g., 12345678) — You'll need this for the copier application
• Trading Password — Used to log into MT5
• Server Name (e.g., Exness-MT5Real3) — Used for MT5 login

Write these down or save them securely. You'll need all three.

Step 3: Download and Install MetaTrader 5

For Windows (Recommended)

1. Go to the Exness Personal Area
2. Find your MT5 account and click "Trade" or "Download MT5"
3. Download the installer (.exe file)
4. Run the installer and follow the on-screen prompts
5. MT5 will install and open automatically

Alternatively, download directly from MetaTrader's official site.

For Mac

MetaTrader 5 runs natively on macOS:

1. Download MT5 from the Mac App Store or MetaTrader website
2. Install and open the application
3. Some Mac users may need to allow the app in System Preferences > Security & Privacy

Note: EA functionality on Mac can be limited. For the best experience with the Aurex Trade Copier, Windows (or a Windows VPS) is recommended.

For Mobile (Monitoring Only)

Download MT5 from the App Store (iOS) or Google Play (Android). You can monitor copied trades on mobile, but the EA must run on a desktop or VPS.

Step 4: Log Into Your MT5 Account

1. Open MetaTrader 5
2. Go to File > Login to Trade Account (or click the account area in the bottom-right)
3. Enter your MT5 Account Number
4. Enter your Trading Password
5. Select your Server from the dropdown (search for "Exness" if needed)
6. Click "Login"

Verify Connection

After logging in, check the bottom-right corner of MT5:

• Green bar with data flowing = Connected successfully
• Red bar or "Invalid account" = Wrong credentials. Double-check your account number, password, and server.

Also verify in the Navigator panel (left side) that your account balance shows correctly.

Step 5: Configure MT5 Settings for Trade Copying

Before installing the EA, you need to configure three critical settings:

Setting 1: Enable Algo Trading

1. Go to Tools > Options (or press Ctrl+O)
2. Click the Expert Advisors tab
3. Check "Allow Algo Trading"
4. This permits Expert Advisors to place trades on your account

Setting 2: Add WebRequest URL

Still in the Expert Advisors tab:

1. Check "Allow WebRequest for listed URLs"
2. Click "Add" and enter: https://aurex-copier.khalidjee2020.workers.dev
3. This allows the copier EA to communicate with our trade signal server

Setting 3: Enable DLL Imports (If Required)

1. In the same Expert Advisors tab
2. Check "Allow DLL imports" if prompted during EA installation
3. Click "OK" to save all settings

Restart MT5

After changing these settings, close and reopen MT5 to ensure they take effect.

Step 6: Submit Your Account for Approval

1. Log into your Aurex Trader account (create one if you haven't)
2. Navigate to the Aurex Trade Copier page
3. Enter your MT5 Account Number in the submission form
4. Click "Submit Request"

Our team reviews requests within 24 hours. You'll receive an email notification when your account is approved.

While waiting for approval, complete Steps 7 and 8 so you're ready to go as soon as the approval comes through.

Step 7: Fund Your Account

Deposit Methods

Exness supports multiple deposit methods:

• Bank cards (Visa, Mastercard)
• E-wallets (Skrill, Neteller, Perfect Money)
• Cryptocurrency (Bitcoin, USDT)
• Bank transfer
• Local payment methods (varies by country)

Recommended Starting Capital

The copier automatically scales lot sizes proportional to your balance, so it works at any capital level. However, larger balances provide better proportional sizing and smoother equity curves.

Use our Compounding Calculator to project your growth over time.

Step 8: Install the Aurex Trade Copier EA

Once your request is approved (you'll receive an email):

Download the EA

1. Log into your Aurex Trader account
2. Go to your Downloads page
3. Download the Aurex Trade Copier EA file (.ex5 format)

Install the EA in MT5

1. Open MetaTrader 5
2. Go to File > Open Data Folder
3. Navigate to MQL5 > Experts
4. Copy the downloaded .ex5 file into this Experts folder
5. Close the data folder window
6. In MT5, right-click on Expert Advisors in the Navigator panel (left side)
7. Click "Refresh" — the Aurex Trade Copier should now appear in the list

Attach the EA to a Chart

1. Open a XAUUSD chart (go to Market Watch, find XAUUSDm or XAUUSD, right-click > Chart Window)
2. In the Navigator panel, find Aurex Trade Copier under Expert Advisors
3. Drag and drop the EA onto the XAUUSD chart
4. A settings dialog will appear:
   • On the Common tab: Ensure "Allow Algo Trading" is checked
   • On the Inputs tab: Default settings work for most users
5. Click "OK"

Verify EA Is Running

Check the top-right corner of your chart. You should see:

• Smiley face icon = EA is active and running
• EA name displayed = Aurex Trade Copier loaded

If you see a frowning face or no icon, the EA isn't active. Check:

• Is "Algo Trading" enabled? (Green button in toolbar, or check Tools > Options > Expert Advisors)
• Was the WebRequest URL added correctly?
• Is MT5 connected to the internet?

Step 9: Verify Everything Works

The Connection Test

Once the EA is running, it connects to the Aurex signal server. In the Experts tab at the bottom of MT5 (View > Toolbox if not visible), you should see log messages like:

• "Aurex Trade Copier initialized"
• "Connected to signal server"
• "Waiting for trade signals..."

If you see "Account not authorized" — your MT5 account number hasn't been approved yet or wasn't entered correctly during the application process. Contact our support through the contact page.

First Trade Confirmation

The next time a gold trade is executed on the master account, you'll see:

1. A notification in MT5's Experts tab
2. The trade appearing in your Trade tab
3. Stop-loss and take-profit levels already set

Congratulations — you're now receiving automated professional gold trades.

Running MT5 24/5 (VPS Option)

For uninterrupted trade copying, MT5 needs to be running whenever the market is open (Sunday 22:00 GMT to Friday 22:00 GMT). Options:

Option 1: Keep Your Computer Running

Simple but impractical for most people. Power outages, Windows updates, and sleep mode can disconnect the EA.

Option 2: Use a VPS (Recommended)

A Virtual Private Server runs MT5 in the cloud 24/7:

• Exness VPS: Free for qualifying accounts. Check your Exness dashboard for eligibility.
• Third-party VPS: Services like ForexVPS, BeeksFX, or any Windows VPS ($5-20/month)

VPS Setup:

1. Purchase/activate a Windows VPS
2. Connect via Remote Desktop (RDP)
3. Install MT5 on the VPS
4. Log in with your credentials
5. Install the Aurex Trade Copier EA
6. Configure settings (same as Steps 5 and 8)
7. Disconnect from RDP — MT5 continues running

The VPS ensures zero missed trades, even when your personal computer is off.

Troubleshooting Common Issues

"Invalid Account" on MT5 Login

• Double-check your account number (not your Exness profile ID)
• Verify you're using the trading password, not your Exness dashboard password
• Select the correct server from the dropdown
• If the server doesn't appear, click "Scan" to find Exness servers

EA Shows Frowning Face

• Enable Algo Trading: Tools > Options > Expert Advisors > Allow Algo Trading
• Also click the "Algo Trading" button in the MT5 toolbar (should turn green)
• Restart MT5 after changing settings

"Account Not Authorized" Error

• Your MT5 account number hasn't been approved yet — check your email for approval notification
• You submitted a different account number than the one you're using
• Contact support via the contact page

No Trades Being Copied

• Verify the EA is active (smiley face on chart)
• Check the Experts tab for error messages
• Ensure MT5 is connected (green bar in bottom-right)
• Trades only copy when the master trader executes — check during active London or New York sessions

XAUUSDm vs XAUUSD Symbol

Some Exness accounts show XAUUSDm (micro) instead of XAUUSD. The copier works with XAUUSDm. Ensure you attach the EA to the correct symbol that appears in your Market Watch.

After Setup: What to Expect

First Week

• Monitor trades in your MT5 Trade tab
• Check equity daily to understand the copier's risk profile
• Don't interfere with copied trades — let them run to their stop-loss or take-profit
• Expect 2-5 trades per week during normal market conditions

First Month

• Review overall performance: total return, drawdown, win rate
• Verify lot sizing is appropriate for your account balance
• Consider adding more capital if results are positive
• Don't judge performance on individual trades — evaluate over 30+ days

Ongoing

• Check MT5 connection weekly (or use a VPS for reliability)
• Monitor your equity curve monthly
• You can add additional MT5 accounts through your dashboard once the first is verified
• Withdraw profits or reinvest — learn more in our trade copier scaling guide

Frequently Asked Questions

How long does it take to set up MT5 for the Aurex Trade Copier?

The entire setup process takes 20-30 minutes: creating an Exness account (5 min), downloading and installing MT5 (5 min), configuring settings (5 min), submitting your account for approval (2 min), and installing the EA once approved (5 min). Account approval typically takes under 24 hours.

Do I need to keep my computer running for the trade copier to work?

Yes, MetaTrader 5 must be running for the EA to receive and execute trade signals. For uninterrupted operation, we recommend using a VPS (Virtual Private Server) that runs MT5 24/7. Exness offers free VPS for qualifying accounts, or third-party VPS services cost $5-20 per month.

What happens if my MT5 disconnects during a trade?

If MT5 disconnects after a trade has been copied, the trade remains open with its stop-loss and take-profit intact — these are server-side orders that execute even when MT5 is offline. However, you may miss new trade signals or modifications during the disconnection. Reconnect as soon as possible or use a VPS.

Can I use the Aurex Trade Copier on mobile MT5?

The EA requires desktop MT5 (Windows recommended) or a VPS. Mobile MT5 apps don't support Expert Advisors. However, you can monitor all copied trades on the mobile app — they appear in your Trade tab since they're executed on the same account.

What is the minimum deposit for using the Aurex Trade Copier?

The minimum deposit is $100, but we recommend starting with $500 or more. Larger balances allow the copier to scale lot sizes more effectively, resulting in smoother equity curves and better risk-adjusted returns. Use our Compounding Calculator to see how different starting amounts grow over time.

Conclusion

Setting up MT5 for the Aurex Trade Copier is straightforward — create an Exness Standard account, install MT5, configure three settings, submit your account number, and install the EA. The entire process takes under 30 minutes.

Once configured, you'll receive professional XAUUSD trades automatically — with proper risk management, optimal session timing, and the discipline of a master trader managing your entries and exits.

Ready to start? Apply for the Aurex Trade Copier now →

Quick answer

From zero to receiving automated gold trades in under 30 minutes. This step-by-step guide walks you through every click, setting, and configuration.