Advantages of MQL5 Signals to Traders over Other Signal Service Providers

This is a new kind of online signals copy service: depending on the strategies of live traders, this is the first advantage. Every provider enrolled on the MQL5 signal section has got a record of profitable trade transactions. All accounts of these signal service providers are continually monitored and tracked.

Most of the gold copy and paste signal providers are experienced traders, henceforth for those traders looking and searching for this trading service, this is the best place: a single place where signal subscribers can meet other traders who have profitable strategies and copy them.

So, What are the Advantages of These Trading Signals to Traders

1. Signal Providers Are Experienced Traders Who Use Real Accounts That They Opened with Their Own Money

Every signal provider on this MQL5 forum is an expert using their own live account opened with their own funds to so as to provide these copy signals. Take a glance at the screen shot that is illustrated below: the copy trade signal name is "101010", the copy service is hosted on the Meta Quotes Server, The equity balance is $18,908.35 real money.

Advantages of MQL5 Copy Signals to Traders Over Other Signals

Live Trade Signals

Every live trading signal service provider is first registered in the community forum, upon signing up and signing up they specify their real trading account, & this account is the basis used to generate the signals. Once a signal service provider opens a trade on this trading account, then this trade is mechanically derived & generated and copied to subscribers.

This is the first benefit, all trade are generated on live/real accounts by experts: this way as a buyer of the trading signals service you know you're getting a good deal.

2. Implemented by MetaQuotes Software Corporation. Owner of MT4 & MT5 Trading Platforms

There are hundreds of sites out there selling this signals copy and paste signals service, but to for those traders that want to subscribe there's is really no sure way of figuring out which is legit & as a signal buyer there is no way to know who is behind the trading signals service.

But in MQ5, all providers are first registered on the forum community which is operated by Meta Quotes Software Corporation. If you do not know Meta Quotes Platform Corporation. It's the owner of the MetaTrader 4 and MT5 platforms that you're trading with, the software that you downloaded from your stock indices trading broker, your broker got it from Meta-Quotes Platform Corp.

All signals service providers Must Register & must fill a sign up form & send proof of ID and Proof of their Residence, After registration they then get SMS confirmation of their registration. This way as the subscriber you get to know the person that you're dealing with.

In addition, when you subscribe you do not send money to the copy signals provider. You will open an MQL5 Community Forum Trading Account, & you'll then use what is known as credit points to subscribe. Credit is what is used to trade within this community. To get credits you deposit money within this forum. This way you will not be dealing directly with other person, you'll be dealing with MetaQuotes Software Corporation. And the company will then handle all trades between you, the buyer, and the seller: all you have to do as a buyer is to get credits & you're setup to get all signals copied to your account without doing anything else.

3. All Trading Signal Services are Tested and Have a Track Record of Profit Making

The illustrations screenshot below shows summary of the top ranked signals.

How to Get a Signals Provider for Trade Signal

RealTime Updated Live Trade Signals

For each of the trading signals service provider above their duration in weeks the signal service provider has been trading. For this duration the profit a month as a % is also recorded. The top ranked signals above have the following records:

Duration - 7 weeks to 117 weeks
Profit Per Month - 199 percent to 1,557%

In addition all the copy trading signals providers must pass a 1 month testing period where they must prove that their strategy is profitable, before getting registered on this listing.

This way, the whole process is transparent & as a signal subscriber you always know what trading signal you are buying & the track record of profit making is.

This is the advantage of this trade signal service over others trading signals out there: you get stats that are tracked realtime and updated weekly and their authenticity can be validated by viewing the detailed stats & trade transaction history of a signal service provider where as the others you just get a screen-shot of previous trades and their authenticity may not be verifiable.

4. Affordable Price

One advantage of this trade signal service is that it is set at an affordable price, because there are many copy signal subscribers therefore the signal it's charged at an affordable fee. Anybody who is trading with MetaTrader trading software can subscribe directly from their platform: this is what makes the MQL5 forum to have a big customer base.

This is the benefit, it's affordable when compared to other daily signals that charge expensive fees ranging from $100 to upto $200 dollars.

Below is an example of top ranked signal service providers for MT4 & MT5 softwares, the price is set at $40 and $35 a month.

Signal Services on the MT4 and MT5 Platforms - How to Analyze/Interpret and Find Trend Reversal Trading Signals Pattern

Price for Top Ranked Copy Signals

Another advantage or benefit is there are some signals that are free. Those traders looking for free signals or free real signals can go to Online trade signal service providers service page & access the free signals as well as the paid for signals.

5. Easy Setup Direct from MetaTrader Platforms

Once you subscribe to a signal, there is no need for you to set up an alert system, for example there is no need for you to set up SMS alert or an E mail alert, neither is it required to monitor the market constantly 24 7.

This copy signal provider service can be accessed by you as a trader directly from MetaTrader platform. All a trader has to do is to set up & activate this directly from platform.

The image below highlights where a gold trader can access the trade signals directly from the platform. This is what makes this copy trading signal service the best trading copy trading signals service for traders.

Advantages of MQL5 Copy Signals to Traders Over Other Signals

MetaTrader Software Tool-Box - Signal Setup Tab

3 guidelines to sub-scribe:

Go to MQL5: Register an Trade Account
Specify Your Broker: a list of available brokers is provided when logged on your community forum forum account.
Account Number on Brokers' server (Password isn't required) .

The advantage is that when one completes this simple process of this set-up, they'll automatically receive these trades from the signal provider that they choose copied to their trading accounts. Trade will now execute in real time on your MetaTrader 4 software as soon as they're generated.

For More Details, read these two articles:

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6. T.E.T. - Trusted Execution Token Model in XAU USD Trading

Trusted Execution Token or TET execution system is the MQL5.com trade signal system. This is how TET Execution model works:

Once you have signed up, all you have to do is to choose and select a trading provider. Once you as a trader select this, your platform then will connect to this signal through the TET system, and all their trade transactions will be automatically executed in real time on your account, it's as simple as that.

There's no need for you to manually execute the generated trades or setup alerts such as an SMS alerts, or search for any other custom signals software the trades generated are live and executed automatically by the T.E.T. execution model

Advantages of TET Model Are:

Minimum Delays in the Execution - with Trusted Execution Token (TET) model deals are automatically executed and there isn't any delay between the time the signal is derived & generated & when it's copied to the account of subscribing traders.

No need for keeping your trading platform online 24-7 - ( T.E.T. ) System automatically copies all trades on your trading account even if your trading platform is not launched.

Study More Tutorials & Guides:

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