Trade Forex Trading

Advantages of MQL5 Trading Signals to Signal Sellers and Signals Providers

As a thriving trader, there's a way to increase your total returns without taking on extra risk in your current account. By registering as a vendor on the MQL5 platform, you can sell trading signals to subscribers, generating additional income streams to complement your existing trading profits.

Opportunities to Become a Provider of Trading Signals

Simply register a trading account with MQL5 to establish your trading signal subscription service, and then choose your account to have the transactions made on it automatically transmitted through this service to the traders who are replicating your trades. You should use either MetaTrader 4 or MT5 for your program. One benefit of becoming a trading signal service provider on this community forum is that all traders using the MetaTrader 4 and 5 platforms can sign up for your alerts, giving you access to a vast pool of potential subscribers.

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 becoming a copy signal service provider on this forum 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 software 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.

This means that if you become the best signal provider and your trading signal makes a lot of money, then the people copying your trades can grow quickly, and you, as a gold trader, can start making a lot of profit for them and from them.

In the screenshot below from top signal providers, the top trade signal has 809 subscribers. Assume an average of $40 per month per subscriber. That sets their monthly earnings.

809*$40 results in an additional profit of $32,360 from the trading signal subscription.

From this illustrative example, the top-ranked signal below is expected to make a profit of $32,360 from this service.

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

Top MT4 Signals 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/large profit

2. Dealing with a Reputable Broker

One advantage of working with this corporate 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.

So, as someone selling, you don't need to go find traders yourself. You just need to set up a trading account for a trading signal service. Then, MetaQuotes does the marketing for you.

Within the MQL5 coding environment, the concept referred to is 'credits.' Upon subscribing to a service, a specific allocation of credits is automatically credited to the subscriber's MQL5 account. If your copy signal service attracts one hundred subscribers, you consequently accrue credit points corresponding to those one hundred users. There is no necessity for you to know the identity, personal details, or specifics of your copy signal subscribers: the sole metric that matters is the accumulated credit points. Once credits are received, a withdrawal request can be submitted, at which juncture these credits are transmuted into dollars. Consequently, you, as a gold trader, gain the ability to remit your funds at any moment using a variety of established payment techniques and methods.

3. No Need for Signal Seller to Setup Subscription System

As a signals provider, you don't need to set up your own subscription system. Once you set up your account, the system will automatically send your trade transactions to your subscribers through the T.E.T. subscription system.

Another good thing is that the trades happen automatically in the online trader's accounts that are following your live trading signals: everything is done without needing to log in and set things up by hand.

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 therefore 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 or Information is Shared Between Signal Sellers and Subscribers

One good thing about selling on MQL5 is that the seller and the buyer don't have to interact much. Only online signals and credits are exchanged between them.

Pick from the list with full trade histories for each provider. Seller personal info stays private.

Subscribers have all the necessary information when a signal service provider consistently achieves favorable profits.

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

Once you start selling trading signals, people copying your moves don't have to stay online all day or keep checking in. They don't even need to be logged in to get the trades you send.

The TET system, also recognized as the Trusted Execution Token or the TET xauusd signals system, facilitates immediate, automated trade execution. Any trade initiated via this execution method on your account is instantly mirrored onto the accounts of individuals who subscribe to copy your signals. The mechanism is smooth and simple for all parties involved. Your signal copiers do not need to remain online continuously, as the TET signals system automates the replication of daily trading signals for them.

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:

XAUUSD Broker