Advantages of MQL5 Trading Signals to Signal Sellers & Signals Service Providers

As a successful currency trader, there is a method to boost your overall profitability without taking on any additional account risk. By establishing an account on the MQL5 website, you can become a signal provider, receiving supplementary income from traders who subscribe to your signals: you, as the currency trader, can then integrate this revenue stream into your total earnings.

Becoming a Signal Provider

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/big 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 advantages of becoming a copy signal service 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 software 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 software.

This implies that if you are the best signal provider in the market and your signal is extremely lucrative, those who replicate your trading positions may expand at a rapid rate, and you as a forex trader can start generating a lot of money for them and for yourself as well.

Take a look at the screenshot below from Top Signals Providers. The trading signal at the top has 809 subscribers. If each person pays $40 a month, you can see how much profit they're pulling in.

809*$40 = $32,360 extra and additional profit from the signal subscription.

Based on this illustrative example, the top-performing signal below is anticipated to yield a $32,360 profit from its associated service.

MetaTrader 4 & MetaTrader 5 Top Signal Sellers - MQL5 Signal Providers - About MQL5 Trade Signals

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

A significant benefit of engaging with this entity stems from its status as a recognized firm under the ownership of MetaQuotes Software Corp., the developer of the MetaTrader 4 and MT5 trading applications.

As a seller in the forex signal ecosystem, there's no need to individually seek traders. Establishing an account with MetaQuotes takes care of marketing through their infrastructure as a signal provider.

Within MQL5, the currency utilized is designated as "credits." Upon subscribing to a service, credits are automatically credited to your MQL5.com account. If 100 individuals subscribe to your service, you receive credit points from these 100 subscribers: the identities or specifics of your subscribers are irrelevant, only the exchange of credit points matters. Once you, as a trader, accrue credits, you may request a withdrawal, at which point your credits are converted into US Dollars, making the funds available for withdrawal via several payment methods at any time.

3. No Need for the Signal Seller to Setup Subscription System

As a signals provider, you skip setting up your own subscription platform. The system for sending trade alerts to followers is ready to go. Once you create your account, every trade you place gets sent automatically to subscribers. It uses the T.E.T. subscription setup.

Another benefit is that everything happens automatically, without the trader having to log in and configure or carry out operations manually, since the trading signals are immediately carried out on the trader's accounts that have subscribed to your live trading signals.

4. The More Profitable Your are The Higher The Rank You Get & The More The Profit

For signal providers with very good trading plans, their ranking goes higher, and when a seller gets a good rank, they're on the list of the top 10 most accurate signals. The highest-ranked get the most people signing up for their alerts. When you're a top-ranked signal provider, more people subscribe, so you make more money from your service.

Top Signal Seller Advantages: Subscribers of Top MT4 and MT5 Providers - MQ5 Signal Service Providers

Top MT4 and MT5 Trade Signal Services

5. No Personal Information is Shared Between the Signal Sellers & Subscribers

As a seller on MQL5, you deal little with buyers. You just share signals and get credits online.

To make a selection from the provided list, detailed trade transaction histories of each service provider are available. However, personal details and private information of sellers remain undisclosed.

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

As a signals seller, your trade copiers don't need to stay online 24/7. They skip logging in to run the trades you send.

The TET signal system, or Trusted Execution Token, links copiers to your trades automatically. It runs through the TET model. All your trade actions copy in real time to your account and theirs. Copiers don't need to stay online. The T.E.T. software handles daily signals for them.

For those who are copying your trading signals, there's no need for them to do anything manually or set up alerts like SMS alerts. The trades you create are live and automatically executed by a system called the TET. With the TET execution model, there is very little delay from the moment you generate live trading signals to when they are executed on the accounts of those following you.

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