signal provider requirements

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JKatzer
101
JKatzer  

Hello,

is it legal and permitted to use a portfolio of robots purchased or rented from the MQL5 market place to form and sell a signal via your platform? Thanks for clarification.

Enrique Dangeroux
432
Enrique Dangeroux  
JKatzer:

Hello,

is it legal and permitted to use a portfolio of robots purchased or rented from the MQL5 market place to form and sell a signal via your platform? Thanks for clarification.

Sure! See for https://www.mql5.com/en/signals/rules requirements.

JKatzer
101
JKatzer  
Sorry, but I can´t find a passage there that explicitly allowes that. Could you please be more precise where to look at?
JKatzer
101
JKatzer  

The closest I could find in Market Terms of Use Agreement is:


I. Terms and Definitions

1) You shall not sell, assign, sub-license, lease, rent, distribute, broadcast, export, import or otherwise transfer rights to use the Product or any component thereof to any third party;


But my question remains, the selling of signals generated by a robot is neither selling the robot nor transfering the rights to use it or any component thereof to a third party, am I right?

I guess there are a lot of people here that would be happy about a clear legal statement about that issue. Can´t any of the MQL officials give a comment?

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