Does Trade Dispensary work with prop firms like TopstepX, TradersLaunch, and FundedSeat?
Yes. Trade Dispensary connects to TopstepX through the ProjectX API and to Deepcharts-based prop firms — including TradersLaunch and FundedSeat — through a private local browser session. Because it runs locally on your machine, there are no third-party cloud services involved — which helps protect your prop firm payout eligibility.
Why is a self-hosted trade copier better than cloud-based alternatives?
Cloud-based trade copiers route your orders through third-party servers, which many prop firms consider a violation of their terms of service. This can lead to payout denials and account termination. Trade Dispensary runs entirely on your local machine or VPS, so your trades execute directly through your own platform — keeping you compliant and protecting your earnings.
What platforms can I copy trades between?
Trade Dispensary supports Telegram signal channels, MetaTrader 5, TradingView (webhooks), NinjaTrader 8, cTrader, and TopstepX account monitoring as sources. Destination platforms include TopstepX, Deepcharts prop firms (TradersLaunch, FundedSeat), NinjaTrader 8, cTrader, MetaTrader 5, and Bybit cryptocurrency exchange. You can mix and match — for example, trading XAUUSD on MT5 and copying to NinjaTrader Micro Gold futures.
Can I copy gold (XAUUSD) trades from MT5 to NinjaTrader futures?
Yes. The Price Translate feature queries real-time futures prices and automatically rebases your stop loss and take profit levels. This makes it possible to trade XAUUSD on MT5 and copy to Micro Gold (MGC) futures on NinjaTrader with accurately calculated bracket orders.
How fast is the trade execution?
Trade Dispensary was rebuilt from the ground up for speed. With Speed Mode enabled, intelligent contract caching eliminates redundant API lookups, delivering dramatically faster execution than cloud-based alternatives. All processing happens locally — no network round-trips to external servers.
Can I copy trades from Telegram signal channels?
Yes. Trade Dispensary connects directly to any Telegram signal channel, parses entries, stops, and targets automatically, and executes them on MT5, NinjaTrader, TopstepX, cTrader, Deepcharts platforms, or Bybit — no manual entry and no cloud relay.
Is there a monthly subscription fee?
No. Trade Dispensary is a one-time purchase with a lifetime license. There are no monthly fees, no profit sharing, and no recurring charges. You own the software permanently and receive free updates.
Does it work with automated trading bots and strategies?
Absolutely. Connect any automated trading strategy — whether it runs on MetaTrader 5 Expert Advisors, TradingView Pine Script alerts, NinjaTrader strategies, or cTrader cBots — and automatically copy those trades to any supported destination, including prop firm accounts and crypto exchanges.
Can I use Trade Dispensary for forex trading on cTrader?
Yes. Trade Dispensary supports cTrader as both a source and destination platform with full OAuth authentication and WebSocket connectivity. It works with all major cTrader brokers including IC Markets, Pepperstone, FxPro, and more — covering forex pairs, indices, and CFDs.