Advantages of MQL5 Signals

MetaTrader 5 — Trading | 29 October 2012, 09:34

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Trading Signals service recently introduced in MetaTrader 5 allows traders to copy trading operations of any signals provider. Users can select any signal, subscribe to it and all deals will be copied at their accounts. Signals providers can set their subscription prices and receive a fixed monthly fee from their subscribers.

Advantages of MQL5 Signals

What Is So Special About MQL5 Signals?

It is a simple and ready-made solution. Subscription is performed in a few clicks. All deals are copied automatically without trader's intervention. Signals providers will also be able to start easily – it will take less than a minute to add a signal to the base and set a subscription fee.
High security for all the participants. Careful selection is performed among signals providers – they work in a test mode within a month. If the test is passed, they can offer their signals on MQL5.com.
Subscription and signals purchase rate. No agreements between subscribers and providers are required. Signals providers put their products up for sale while subscribers choose the most suitable ones. That's all. There is no excessive bureaucracy. There is no tedious work with bunches of papers – all processes are performed strictly inside the system avoiding any kind of paperwork.
Signal subscription can be purchased easily. If you are interested in any signal available for a paid subscription, you can subscribe to it easily. Multiple payment systems supported by MQL5.com simplify the process greatly. WebMoney, PayPal, bank card – select any payment method you like!
No commission. Signals service does not charge commission from the subscriber's traded volume.
Access to the largest financial market. Signals providers gain access to all MetaTrader 5 users. All traders using the trading platform in their activity can choose and quickly subscribe to any signal available in their terminals

Investors wishing to subscribe to the signals can find a detailed step-by-step description in the article «How to Subscribe to Trading Signals».

SUBSCRIBE TO SIGNALS NOW

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Translated from Russian by MetaQuotes Ltd.
Original article: https://www.mql5.com/ru/articles/577

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Last comments | Go to discussion (4)

boonchuai saetang | 5 Jan 2013 at 07:17

I make a lot of people to follow me

hongden nguyen | 8 Jan 2013 at 12:25

why we dont have bonus (prize) for best trader of week, of month... have many follower of week, of month.. and dont care about demo or real acc, free or paid...

phi nuts | 8 Jan 2013 at 13:38

nguyenhongden:

why we dont have bonus (prize) for best trader of week, of month... have many follower of week, of month.. and dont care about demo or real acc, free or paid...

Because MQ is neutral in this case and is not comparing one signal provider against another

Widy Prasetyo | 22 Dec 2014 at 14:54

I think signal analysis report in MQL5 still inadequate, lack of information can be misleading, especially for beginners follower.

as Signal Provider, he must be able to manage investors/followers money, not just make high profits and the next day to lose money quickly.
One way of prevent this is to put the "Stop Loss" level.

Maybe, in report system should be added warning signal, for example, "Signal Providers at higher risk for not using SL" or "placement SL unreasonable" for SL too wide.

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