FX Blue vs Social Trader Tools — this is the comparison every prop firm trader eventually researches. With Traders Connect shutting down MT5 support and the trade copier market consolidating, these two platforms have emerged as the go-to options for MT5 account-to-account copying. But they solve the problem differently, and choosing wrong costs you money or functionality.
This comparison is based on real trader feedback from Reddit, MQL5 forums, and our own testing. No affiliate bias — we build a TradingView webhook copier, not an MT5-to-MT5 copier, so we have no stake in either platform.
Quick Comparison: FX Blue vs Social Trader Tools
| Feature | FX Blue | Social Trader Tools |
|---|---|---|
| Type | EA-based (local) | Cloud-based (web) |
| Pricing | Free tier available | $20+/month |
| Setup complexity | Medium (install EA) | Easy (web dashboard) |
| MT5 support | Yes | Yes |
| MT4 support | Yes | Yes |
| Max slave accounts | Unlimited (free) | Plan-dependent |
| Latency | 50–200ms (local) | 200–800ms (cloud) |
| VPS required | Yes (for MT5) | No (cloud handles it) |
| TradingView webhooks | No | No |
| Web dashboard | Basic | Full-featured |
| Prop firm popularity | Moderate | High |
FX Blue Trade Copier: Detailed Review
How It Works
FX Blue uses Expert Advisors installed on both the master and slave MT5 terminals. The EAs communicate through FX Blue's cloud relay. When a trade opens on the master, FX Blue's server notifies the slave EA, which replicates the trade locally.
Strengths
- Free tier — unlimited copying on the free plan. No monthly fees for basic functionality.
- Reliable — has been running since 2010+. Battle-tested infrastructure.
- Low latency — EA-to-EA communication via their servers is fast (50–200ms typical).
- Lot size scaling — flexible multiplier and fixed lot options on slave accounts.
- Symbol mapping — handles different broker symbol names (EURUSD vs EURUSDm).
Weaknesses
- EA installation requirement — must install EAs on every MT5 terminal. If you manage 10+ accounts, this gets tedious.
- VPS needed — all MT5 terminals must run 24/7, which means VPS costs on top.
- No TradingView integration — cannot receive webhook signals from TradingView directly.
- Limited dashboard — basic web reporting, no advanced trade analytics.
- Documentation gaps — setup docs are sparse, relies heavily on community support.
Social Trader Tools: Detailed Review
How It Works
Social Trader Tools (STT) is a cloud-based copier. You connect your MT5 accounts through their web dashboard by entering your login credentials. STT's servers connect to your broker directly — no EA installation needed on the slave accounts (only the master needs an EA or API connection).
Strengths
- Easy setup — web dashboard, connect accounts by pasting credentials, copying starts in minutes.
- No VPS for copier — STT's cloud handles the relay. You still need MT5 running, but the copier logic is cloud-hosted.
- Multiple master sources — can copy from multiple masters to multiple slaves with complex routing.
- Trade analytics — built-in performance tracking, drawdown monitoring, and reporting.
- Prop firm features — risk management tools designed for prop firm traders (max drawdown alerts, lot limiters).
Weaknesses
- Monthly subscription — starts at $20/month, increases with more accounts. Costs add up fast with 5+ prop firm accounts.
- Higher latency — cloud-based relay adds 200–600ms vs FX Blue's local EA approach.
- Account credential sharing — you provide MT5 login/password to STT's servers. This is a trust and security consideration.
- Downtime risk — if STT's servers go down, all your copying stops. Has happened historically.
- No TradingView integration — like FX Blue, does not accept webhooks from TradingView.
Which Should You Choose?
Choose FX Blue If:
- You want a free, reliable copier with no monthly costs
- You are comfortable installing EAs on multiple MT5 terminals
- You already have a VPS running all your MT5 instances
- Latency matters — you need the fastest possible copying
- You are copying between 2–3 accounts (manageable with EAs)
Choose Social Trader Tools If:
- You manage 5+ prop firm accounts and want a centralized dashboard
- You prefer web-based management over EA installations
- You need built-in risk management features
- You want analytics and performance tracking in one place
- You are willing to pay monthly for convenience
Key insight from Reddit: After Traders Connect dropped MT5 support, the community split roughly 60/40 between FX Blue and Social Trader Tools. FX Blue won on cost; STT won on ease. Neither is clearly "better" — it depends on your account count and technical comfort level.
The Missing Piece: TradingView Integration
Both FX Blue and Social Trader Tools share a critical limitation: neither accepts TradingView webhook signals. They are MT5-to-MT5 (or MT4-to-MT4) copiers only.
If your strategy lives on TradingView — which is increasingly common as traders separate analysis from execution — you need a webhook copier layer in front of these tools:
- TradingView fires a webhook alert
- Webhook copier (like TradingView Copier Pro) receives it and places the trade on your master MT5 account
- FX Blue or STT copies the master trade to all your slave accounts
This three-layer architecture — TradingView → webhook copier → account copier — is what most serious multi-account prop firm traders end up using. It gives you TradingView's superior charting, webhook-speed execution on the master, and reliable copying to all slaves.
Cost Comparison (10 Accounts, 12 Months)
| Cost Factor | FX Blue | Social Trader Tools |
|---|---|---|
| Copier subscription | $0 | $600+/year |
| VPS (for MT5s) | $30-50/month | $30-50/month |
| Setup time | 2–3 hours | 30 minutes |
| 12-month total | ~$480 (VPS only) | ~$1,080 (VPS + sub) |
FX Blue saves ~$600/year in copier fees. Social Trader Tools saves ~2 hours in setup and ongoing management time. For traders running a profitable operation, the STT convenience fee is justified. For cost-conscious traders or those starting out, FX Blue is the clear winner.
Add TradingView to Any Copier Setup
TradingView Copier Pro bridges TradingView to MT5, then let FX Blue or Social Trader Tools handle the multi-account copying. One-time purchase, no monthly fees.
Get TradingView Copier Pro →