Advantages of MQL5 Signals to Signal Sellers and Signals Service Providers
As a profitable currency trader there is a way that you can increase your profitability without adding any risk to your account. By signing up on the MQL5 site you can become a signal seller & traders who subscribe to your services will pay you extra income, and you as a trader can use add this income to your overall profits.
Wanted: Profitable Traders to Help Others Make Money and Get Paid
To setup your Forex signal subscription service, all you've to do is to register an account with MQL5, then specify your account and the transactions generated on this account will be automatically be sent to those copying your transactions, through this service. Your platform should be MetaTrader 4 or MetaTrader 5. One advantage of becoming a signal provider on this community is that you get access to a large market of potentials subscribers, all traders using the MetaTrader 4 and MT5 platforms can subscribe to your alerts.
So, What are Advantages of MQL5 Signal Providers Service to Sellers
1. Get Access to a Large Market of Potential Subscribers
As a seller live signals, one of the advantage of become a signal provider on this community is that you get access to a market that is comprised of all traders using the MetaTrader 4 & MetaTrader 5 platforms. And because the MetaTrader platform is implemented by over 600 brokers and hundreds of thousands of those using this platform as your potential subscriber base is composed of all those traders using this platform.
What this means that you if you become tops ranked best signal provider & your signal is very profitable then those copying your trades can grow at a high rate, and you as a trader can use begin making a lot of profit for them as well as from them.
For examples in the screen-shot below taken from the Top Signals Providers, the signal at the top has 809 subscribers in total. Taking the average subscription amount a month as $40 dollars a month, then the profit they will make:
809*$40 = $32,360 extra profit from the signal sub-scription.
From this example, the top ranked signal below will make $32,360 profit from his service.
Top MetaTrader 4 Signals Service Subscription
This is a win win situation:
· The Subscriber gets profitable signals and makes a good profit
· The Seller gets paid a subscription fee by 100s, which adds up to a big profit
2. Dealing with a Reputable Company
One advantage of working with this company is that it is a well known company that is owned by MetaQuotes Software Corp. The owner of MT4 and MT5 Platforms.
Therefore as a seller you don't have to go looking for traders on your own. Just setting up an account for a signal provider is all that's required. The Marketing is then carried out by Metaquotes.
On MQL5 the currency used is referred to as credits, once one subscribes you automatically receive credits to your MQL5 account from them, if 100 people subscribe to your service, then you get credits from these 100 people, there is no need to know the name or details of your subscribers, the only thing that exchanges is credits. Once you get credits you can request to withdraw at which point your credits will be converted to dollars and you can withdraw your money anytime using a number of payment methods.
3. No Need for Signal Seller to Setup a Subscription system
As a trade signals provider you don't need to setup your own subscription software or system. The system that sends the transactions to traders is already implemented once your setup your account then all transactions that you open on this account will be automatically sent to your subscribers through the TET subscription system.
Other advantage is that the signals are executed automatically on the trader's accounts that are have subscribed to your live signals, everything is executed automatically without having to manually login and setup or execute manually.
4. The More Profitable Your are The Higher The Rank You Get and The More The Profit
For those signals providers with highly profitable strategies, the higher their ranking goes, once a signal seller gets a high ranking they are then listed on the top ten most accurate signals. Those ranked at the top receive the highest subscriber base subscribing to their alerts. Once as a trade signals provider you get to be ranked as one of the top, then the more that subscribe and hence the more money you make from your service.
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Top MetaTrader 4 & MetaTrader 5 Signal Services
5. No Personal Data is Shared Between Signal Sellers and Subscribers
As a seller on MQL5 one of the advantages is that there is minimal interaction between the seller & the Buyer. The only thing that's exchanged is online signals and credits.
To select a from this list one is provided with the detailed history of the transactions of each service provider. The personal details of sellers are not shared.
As long as a signal provider is making good profits that is all the data that subscribers require.
6. No Need for Your Subscribers to Be Online 24-7
Once you become a signals seller, there is no need for the those copying you to be online 24-7 every minute of the day, neither do they require to be logged in to execute the transactions that you send.
TET automated trading signal system known as Trusted Execution Token or TET execution model or TET signals software, will automatically connect those copying your transactions through the TET execution system, and all transactions from your platform will be automatically executed in real-time on your account and of the accounts of those copying your market signals, it is simple like that. No need for your subscribers to be online throughout to copy these daily signals the TET trading signals software will do it for them automatically.
There is no need for the those copying your signals to manually execute them or setup alerts such as an SMS alert services, the trades generated by you is live and executed automatically by automated copy signal system (T.E.T.). With the TET execution model there is minimum delays between when the live signals are generated and when they are executed on the accounts of those copying you.