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How to Become a Signals Provider for MetaTrader 4 and MetaTrader 5

| 21 November, 2012 | Views: 47494 | English Russian Chinese Spanish Portuguese

Do you want to offer your trading signals and make profit? Register on MQL5.com website as a Seller and specify your trading account to offer your signals to traders. Keep in mind that you can create only one signal for one trading account.

Besides, all paid signals should pass a test period of one month. During that period, they are checked for compliance with a number of requirements (there is no any test period for free signals, of course). If you pass the period successfully, you will gain access to the entire market of MetaTrader 4 and MetaTrader 5 users. You will receive direct access to your potential subscribers.

How to Become a Signals Provider for MetaTrader 4 and MetaTrader 5


Do you show good trading results? Join MQL5.community and start selling your signals. The solution is simple and efforts are minimized.

Below are step-by-step instructions on "How to become a Signals Provider":

  1. Open an account on mql5.com if you do not have it yet.

  2. Open Seller tab of your Profile and register as a Seller by filling in all data in the registration form.




    Registration as a Seller


    Please note that all fields are filled out in English! You should specify your first and last names, place of residence (country, state, city/town, address), postal code and mobile phone number, so that we can contact you.

    Besides, legal entities should attach a scanned copy of their certificate of registration, while individuals should attach a scanned copy of their passport, driving license or identity card (ID). This should be done to identify you and protect against frauds. We keep your data strictly confidential.


    Filling in all fields in the registration form

    Check "I agree with rules of the Market and Signals services" option and click "Register".
    After that, you will need to receive SMS confirmation. To do that, click "Send SMS". This SMS is free. 


    Receiving SMS notification



  3. After clicking the button, you will receive SMS notification with a code.





    Enter the code in the new window and click "Confirm".



    Enter the code


    Then your application for registration as a Seller will be processed by the Moderator.


    The application is being processed by the moderator



  4. After your registration is approved, you will receive the following SMS message «You have been successfully approved as Seller on MQL5.com» and the following personal message on MQL5.com: «Seller's Profile: your application for registration as a seller has been confirmed».


    The application has been approved



  5. Enter Signals and click "Create your own signal".

  6. Fill in the form specifying basic information about the new signal in the new window (signal and broker names, subscription fee, your trading account's login and investor password). All data on your signal should be specified in Latin characters.

    The basic subscription price is set per one month. Users can subscribe to your signals for a month or for a week. In the second case, the cost of subscription is set equal to one fourth of the month.

Specifying data on the signal

After completing all these stages, your signal should pass a one-month test period. To complete it successfully, you should perform at least 5 trades within a specified period without your trading account's drawdown exceeding 70%. If your signal complies with these conditions within a test period, it will become available for subscription.

Please note that the entire trading history is requested from your account, at which trading operations are to be tracked, in case a new signal is successfully created. The requested information will be used to display statistical data to all visitors of the Signals service.

As you can see, everything is quite simple. Register as a Seller, send your identification details, offer your signal for subscription and pass the test period. When all is done, you will become a Signals Provider. Lots of traders using MetaTrader 4 and MetaTrader 5 will be able to subscribe to your signal. 


JOIN IN


Translated from Russian by MetaQuotes Software Corp.
Original article: http://www.mql5.com/ru/articles/591

Last comments | Go to discussion (47)
Kadam
Kadam | 24 Mar 2014 at 06:23
angevoyageur:
Of course.
Thanks Angevoyageur,

Another question is can I easily limit the number of subscribers?
Alain Verleyen
angevoyageur | 24 Mar 2014 at 15:08
Kadam:
Thanks Angevoyageur,

Another question is can I easily limit the number of subscribers?
I don't think there is a way to limit the number of subscribers. It's rather weird demand for a signal service, not ?
Kadam
Kadam | 25 Mar 2014 at 00:11
angevoyageur:
I don't think there is a way to limit the number of subscribers. It's rather weird demand for a signal service, not ?
Not. I'd rather work with a limited number first to make sure the service is up to it. Part of the system is a tight scalp, in fast markets volume can = slippage, slippage = death. 
Josip Istuk
Josip | 1 Jul 2014 at 01:15
Hi, is it possible to add a picture within the signal description? There is no "image" icon in the edit box of signal description - unlike the edit box of this comment :(
igboke
igboke | 22 Jul 2014 at 13:40
how do i register a signal with account previously used for subscription because i want avoid opening multiple account.
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