Advantages of MQL5 Signals to Signal Sellers & Signals Service Providers
As a profitable currency trader there is a way that you as a FX trader can increase your profitability without adding any risk to your account. By signing up on the MQL5 web site you as a trader can become a signal seller and traders who subscribe to your signals services will pay you extra income, and you as a currency trader can use & add this income to your overall profits.
To setup your signal subscription service, all you have to do is to register a trading account with MQL5, then specify your account & the trade transactions generated on this trading account will be automatically sent to those copying your transactions, through this service. Your software should be MT4 or MetaTrader 5. One advantage of becoming a signal provider on this forum is that you gain access to a large market of potentials subscribers, all traders using the MetaTrader 4 and MetaTrader 5 softwares can subscribe to your alerts.
So, What are the Advantages of MQL5 Signal Service to Sellers
1. Get Access to a Big 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 MetaTrader 4 and MT5 softwares. And because the MetaTrader platform is implemented by over 600 brokers and hundreds of thousands of those who are using this software platform as your potential subscriber base is composed of all those traders who are using this platform.
What this means that you if you become top ranked best signal provider and your signal is very profitable then those that are copying your trade positions can grow at a high rate, and you as a fx trader can use begin making a lot of profit for them & also from them.
For examples in the screen-shot below taken from the Top Signals Providers, the trading signal at the top has 809 subscribers in total. Taking the average subscription amount a month as $40 per month, then the profit they'll make:
809*$40 = $32,360 extra and additional profit from the signal subscription.
From this example illustration, the top ranked signal below will make $32,360 dollars profit from his service.
Top MT4 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 Broker
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 MetaTrader 4 and MT5 Platform/Softwares.
Therefore as a seller you don't have to go looking for the traders by yourself. Just setting up an account for a signal provider is all that is required. 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.com account from them, if 100 people subscribe to your service, then you get credit points from these 100 subscribers, there is no need for you to know the name or details of your subscribers, the only thing that exchanges is credit points. Once you as a trader get credits you as a forex trader can request to withdraw at which point your credits will be converted to dollars and you as a trader can withdraw your money anytime using a number of payment methods.
3. No Need for the Signal Seller to Setup Subscription System
As a trade signals provider you don't need to setup your own subscription platform or system. The system that sends the trade transactions to traders is already implemented once your setup your account then all transactions that you open on this trading account will be automatically sent to your signal subscribers through the TET subscription system.
Other advantage is that the trading signals are automatically executed on the trader's accounts that are have subscribed to your live trading signals, everything is executed automatically without having to manually sign in and setup or execute manually.
4. The More Profitable Your are The Higher The Rank You Get & The More The Profit
For those signals service providers with highly profitable trading strategies, the higher their ranking goes, once a signal seller achieves a high rating they are then listed on the top 10 most accurate signals. Those ranked at the top receive the highest subscriber base subscribing to their alerts. Once as a trade signals service provider you get to be ranked and rated as one of the top providers, then the more that subscribe & therefore the more money you make from your signal service.
Top
Top MT4 and MT5 Trade Signal Services
5. No Personal Data is Shared Between Signal Sellers & Subscribers
As a seller in 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 & credits.
To choose & select a from this list one is provided with the thorough history of the trade transactions of each service provider. The personal details and particulars of sellers aren't shared.
As long as a trading signal provider is making/forming good profits that is all the information that subscribers require.
6. No Need for Your Subscribers to Be Online 24-7
Once you become a signals seller, there's no need for the those copying you to be online 24-7 every minute of the day, neither do they need or require to be logged in to execute the trade transactions which you send.
The TET signal system known as Trusted Execution Token or TET execution model or TET signals system, will automatically connect those copying your trades through the TET model, & all trade transactions from your software will be automatically executed in realtime on your account and of the accounts of those that are copying your market signals, it's simple like that. No need for your signal subscribers to be online throughout to copy these daily signals the TET signals software system will automatically do it for them.
There is no need for the those that are copying your signals to manually execute them or setup alerts like an SMS alert services, the trades generated by you is live & automatically executed by the automated copy signal system (TET). With the TET execution model there is minimum delay between when the live trading signals are generated and when they're executed on the accounts of those copying you.
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