Advantages of MQL5 Signals to Signal Sellers and Signals Providers

As a profitable trader there is a way that you as a trader can increase your profitability without adding any risk to your account. By signing up on the MQL5 website you as a trader can become a trading signal seller & traders who subscribe to your services will pay you extra income, and you as a gold trader can use and add this income to your overall profits.

Become a trading signals service provider

To setup your trading signal subscription service, all you've to do is to register a trading account with MQL5, then specify your account and the trades generated on this account will be automatically sent to those traders copying your trades, through this service. Your software should be MetaTrader 4 or MT5. One advantage of becoming a trading signal service provider on this community forum is that you get access to a large market of potentials subscribers, all traders using the MetaTrader 4 & MetaTrader 5 platforms can subscribe to your alerts.

So, What are Advantages of MQL5 Signal Providers Service to Sellers

1. Get Access to a Huge Market of Potential Subscribers

As a seller live signals, one of the advantage of become a signal provider on this community is that you gain access to a market that's comprised of all traders using the MT4 and MetaTrader 5 platforms. And because the MetaTrader trading platform is implemented by over 600 brokers and hundreds of thousands of those that are using this software as your potential subscriber base is composed of all those traders who are using this software.

What this means that you if you become tops ranked best signal provider & your trading signal is very profitable then those copying your trade positions can grow at a high rate, and you as a gold trader can use begin making a lot of profit for them & also from them.

For examples in the screenshot below taken from the Top Signals Providers, the trade signal at the top has 809 total subscribers. Taking the average subscription amount per month as $40 dollars a month, then the profit they'll make:

809*$40 = $32,360 dollars additional profit from the trading signal sub-scription.

From this example illustration, the top ranked signal below will make $32,360 profit from his service.

Signal Providers - Best Signal Service - What are Signal Providers?

Top MT4 Signals Service Subscription

This is a win win situation:

The Subscriber gets profitable signals and makes a good profit

Seller gets paid a subscription fee by 100s, which adds upto a big profit

2. Dealing with a Reputable Broker

One advantage of working with this company is that it's a well known company that's owned by Meta Quotes Software Platform Corp. The owner of MT4 and MT5 Platform/Softwares.

Therefore as a seller you do not have to go searching for traders by yourself. Just setting up a trading account for a trading signal service provider is all that is required. The Marketing is then carried out by MetaQuotes.

On MQL5 codebase what is 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 copy signal service, then you get credit points from these 100 subscribers, there's no need for you to know name or details and particulars of your copy signal subscribers, the only thing which exchanges is credit points. Once you get credits you as a trader can request to withdraw & at which point your credits will be converted to dollars & you as a gold trader can use withdraw your money at anytime using a number of payment techniques and methods.

3. No Need for Signal Seller to Setup Subscription System

As a signals provider you do not need to setup your own subscription software or system. System that sends the transactions to traders is already implemented once your setup your account then all trade transactions which 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 online trader's trading accounts which are subscribed to your live copy trading 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 service providers with highly profitable trading strategies, the higher their ranking goes, once a trading signal seller gets and achieves a high ranking they are then listed on the top 10 most accurate trading signals. Those ranked at the top receive the highest client base subscribing to their alerts. Once as a signals service provider you get to be ranked as one of the top service providers, then the more that subscribe and henceforth the more money you make from your subscription service.

Top Gold Signal Providers - Best Signal Service - What are Signal Services? - Signal Services Meaning

Top MT4 and MT5 Signal Services

5. No Personal Data is Shared Between Signal Sellers and Subscribers

As a seller in MQL5 one of the advantages is that there's minimal interaction between the seller & the Buyer. Only thing that's exchanged is online signals & credits.

To choose a from this list one is provided with the detailed history of trading transactions of each service provider. Personal details of sellers aren't shared.

As long as a signal service provider is making/forming good profits that's all the data that subscribers require.

6. No Need for Subscribers to Be Always Online 24-7

Once you become a trading signals seller, there's 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 trades which you send.

The TET trading signal system referred to as Trusted Execution Token or TET execution model or TET xauusd signals system, will automatically connect those copying your trades through the TET model, and all trade transactions from your software will be automatically executed in real time on your account and of the trading accounts of those copying your market signals, it's as simple as that. No need for your signal subscribers to be online throughout to copy the daily trading signals the TET signals system will do it for them automatically.

There is no need for the those copying your signals to manually execute them or setup alerts like an SMS alert services, the trades generated by you is live/real and automatically executed by automated signal system (T.E.T.). With TET execution model there's minimum delays between when the live signals are generated and when they are executed on the accounts of those copying you.

More Topics and Guides:

Trade Forex Trading