A free Local Trade Copier alternative that needs no VPS
Local Trade Copier costs about €29 to €199 a month and runs on your own machine or VPS, which has to stay on. The AlgoBars trade copier is free and runs 24/7 on AlgoBars servers, copying trades between your accounts, even at different brokers, with size and risk rules for each.
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Local Trade Copier vs AlgoBars
Local Trade Copier figures from its own pricing pages or cited listings, checked October 2026.
| Local Trade Copier | AlgoBars (free) | |
|---|---|---|
| Price | About €29 (Personal) to €199 (VIP) a month | Free |
| Where it runs | Your own computer or VPS, kept on | AlgoBars servers, 24/7 |
| Accounts | By plan | Unlimited live and demo accounts |
Everything you would pay for, free on AlgoBars
Here is what a trade copiers trader gets on AlgoBars at $0, compared with paying for Local Trade Copier.
| What you get | On AlgoBars |
|---|---|
| Trade copier | Copies trades between your accounts, even at different brokers, with size and risk rules per account, free |
| Copy trading | Unlimited copy trades, free |
| Strategies running 24/7 | Free on AlgoBars servers, with no VPS |
| Live strategies and broker connections | Unlimited |
| Live trading | Free on 334 integrated brokers and 131 prop firms |
| Backtesting | Free and unlimited, on every account |
What actually costs money on AlgoBars
Every platform feature is free on every account, every month: no card, no trial and nothing to cancel. You only pay for AI usage: AI writing a strategy, indicator or alert for you, AI analysis and chat, and auto-trading on external (non-integrated) brokers. You get 250 credits free every month, and more cost $1 per 100. Anything you write yourself, every backtest, every import and trading on integrated brokers stay free.
Step by step: move from Local Trade Copier to AlgoBars
- Create a free AlgoBars account. No card is needed, and there is no trial clock.
- Set up your chart with the indicators you use. There is no per-chart cap and custom indicators are unlimited.
- Test it: backtests are free and unlimited. Check robustness with walk-forward analysis and Monte Carlo simulation, also free.
- Go live on one of 334 integrated brokers. Strategies keep running on AlgoBars servers when you log off.
When Local Trade Copier may still suit you
Local Trade Copier suits traders who must keep every account on one machine and one IP address, as some prop firms prefer.
Backtests you can trust
AlgoBars backtests use only the data available at each moment and fill orders on the next bar, so a result reflects your rules, not hindsight. They show the raw price move, before spread and commission, so you see the edge of the rules themselves. Check each broker's spread with the broker spread map before going live.
Frequently asked questions
Is there a free Local Trade Copier alternative?
Yes. AlgoBars gives you the same core job free: unlimited backtesting with walk-forward analysis and Monte Carlo simulation, on every account.
What does Local Trade Copier cost compared with AlgoBars?
Local Trade Copier: About €29 to €199 a month, as published when checked. AlgoBars: $0 for every platform feature, on every account.
Is AlgoBars really free?
Yes. Every platform feature is free on every account, with no card and no trial clock. Only AI usage costs credits, and you get 250 free every month.
Does AlgoBars charge for backtesting?
No. Backtests are free and unlimited on every account, on any market and timeframe AlgoBars has data for. Walk-forward analysis and Monte Carlo simulation are free too.
When is Local Trade Copier still a good choice?
Local Trade Copier suits traders who must keep every account on one machine and one IP address, as some prop firms prefer.
More answers
Sources
- Trade copier pricing (FundedTrading)
- AlgoBars figures: pricing, FAQ
Competitor prices and terms change. They are shown as published when checked in October 2026. Trading involves risk of loss.