Three programs for MetaTrader 5: Forex Simulator to practise on market history, Risk Manager to control risk on a live account and Telegram Copier to copy signals from Telegram into MT4 and MT5. They are built by a trader who trades himself.

Which brokers does it work with?

Any broker that offers the MetaTrader 5 terminal. Telegram Copier also works in MetaTrader 4.

Do I need a Windows computer?

Yes, the programs run in MetaTrader 5 on Windows 10 or 11; Telegram Copier also runs in MetaTrader 4. We have not tested them on a Mac. For Telegram Copier to copy signals around the clock, it is best to keep the terminal on a Windows VPS.

Can I try it for free?

Yes, Forex Simulator has a free Demo with full access. Risk Manager and Telegram Copier have no Demo yet — their pages show how they work.

Is there a money-back guarantee?

Yes, 14 days on the annual Forex Simulator and Risk Manager plans and on the bundle of both programs.

Is there a partner program?

Yes. 50% of a referred client’s first purchase (Forex Simulator, Risk Manager or the bundle) and 20% of their later purchases. For Telegram Copier — 20% of every payment. Terms are on the partner program page.

How do I contact support?

Write to us on Telegram at @FXlab_ap or email support@fxlab.app.

FXLab · software for MetaTrader 5Practise on history. Trade with protection.

Practice on history, risk control and Telegram signals — in your MT5.Three programs for MT5 for three trader tasks: practice without risking money, risk control on a live account and Telegram signals without manual entry.

Free trial, full access. Then a license from $14.

5/5 · 5 verified reviews

01What FXLab solves

Three tasks, three programs

01 · Practice · Forex Simulator

Practise on market history in MT5

Past market days replay in your MetaTrader 5 while you trade manually, as if live — without risking money.

from $14 / mo

Details and pricing

Control the replay speed and practise at your own pace.

02 · Live account · Risk Manager

Control risk on a live account

The lot is calculated from your risk before entry. Near the limit the panel blocks new entries, and at the limit itself it can close positions on its own.

from $19

Details and pricing

Configurable risk limits and new entries blocked from the panel.

03 · Signals · Telegram Copier

Copy Telegram signals to MT4 and MT5

A text signal from the channel you choose becomes an MT4 or MT5 order with your fixed lot or percentage risk. No Stop Loss, no trade.

$29 / mo

Details and pricing

A Telegram signal becomes an order in MT4 or MT5.

Annual bundleForex Simulator + Risk Manager — $99 instead of $128, two licenses for 12 months, 14-day money-back guarantee.

Choose the bundle

02Who makes FXLab

Practice first, then a live account

I trade myself and have blown accounts more than once. That is why I first built Forex Simulator — to practise on history in MetaTrader 5 without risking money.

Then came Risk Manager, for a live account: a similar panel, but with limits that stop trading in time. Telegram Copier is for those who trade signals from Telegram.

— Sergey, founder of FXLab

Customer reviews· translated from Russian

«You don’t need to calculate anything: the risk manager works out the lot size itself. The SL and TP lines show the lot size and the amount in money right away.»
Elizaveta·Risk ManagerAll reviews
«It helped me find huge layers of mistakes and improve them a lot, and drop some trading systems altogether.»
Максимкин Руслан·Forex SimulatorAll reviews
«The main plus is that it’s not a separate program but an Expert Advisor right inside MT5. I didn’t have to get used to a new interface.»
Сергей Верховцев·Forex SimulatorAll reviews

Partner programHave a channel or an audience of traders? Recommend FXLab: 50% of a client’s first purchase and 20% of the next ones. For Telegram Copier — 20% of every payment.

Terms and sign-up

Frequently asked questions

Not sure where to start?

Start with the free Forex Simulator Demo and practise on history in your own MT5. Or pick the program for your task:

Free trial, full access. Then a license from $14.