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A Market of Expert Advisors for MetaTrader 5

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MetaQuotes Software Corp.
Moderator
181352
MetaQuotes Software Corp. 2011.06.16 12:42 

We are pleased to announce that today we have launched our new service - MQL5.com Market. With this new service, all traders who use the MetaTrader 5 terminal can buy MQL5-programs: trading robots, indicators, scripts and libraries.

A Market of Expert Advisors for MetaTrader 5

The Market is launched in two steps. Starting today, anyone can register as a seller and start publishing programs. All users of the MetaTrader 5 terminal will see information about the programs and their developers, though purchasing will be disabled for some time.

During the first step we plan to conduct final tests of the service and accumulate a base of programs. In the second stage, we will enable the feature of purchasing applications, so all MetaTrader 5 users will be able to buy any program they like.

How Does It Work?

An MQL5 developer must register as a seller and specify the required information. We check these data and if everything is correct, we give the developer the Seller permissions. From this moment, the developer can submit his or her developments to be published in the Markets and set prices for them. The efficiency and performance of each uploaded program will be tested, after which it will be published in the Market and become available to everyone.

Market on MQL5.com: the developers registration

A program can be purchased only from the MetaTrader 5 Client Terminal. This requires specifying a login and password of an MQL5.com account with enough money on it. You cannot buy a program directly on the site. Each MQL5 program is strictly linked to a computer and must undergo activation.

For example, when buying a trading robot, its special copy is generated, which will work only on the associated computer. Even having this file, an intruder cannot run the program on another computer. This solution helps to protect the interests of developers and their customers.

On the other hand, every purchase can go through three activations, i.e. buying a program once, you can run it on three different computers. All the three copies can work on different computers and can be downloaded once again if necessary.

Attention: All purchases in the Market are associated with an MQL5 account and specific computers. They do not depend on the brokerage company or the type of a trading account.

Any program published in the Market program has a free demo version which can be run only in the Strategy Tester. Demo versions cannot be run in the terminal or used in trading. However, this option allows to test the performance and efficiency of any application before purchasing it. The interests of developers will be protected, while the buyer is protected from buying a pig in a poke.

What Does the Market Give?

The launch of the new service is another step of our global strategy aimed at attracting conventional traders in the field of automated trading. We have already launched the Jobs service, where anyone can order a desired MQL5 program. In spring 2011, we released the MQL 5 Wizard - an application that allows to create Expert Advisors without the knowledge of the MQL5 language.

The launch of the Market continues our progressive movement towards common traders. Do you need an Expert Advisor, but you don't have MQL5 programming skills? No problem. Now you can order a required MQL5 application, generate your own Expert Advisor in the MQL5 Wizard or buy a ready-to-use program in the new Market.


Market on MQL5.com: the huge amount of potential clients!

The value of the Market for professional developers is also obvious. Now they have the best place to offer their applications. Their programs appear directly in the terminals of their potential customers, and are available to all MetaTrader 5 users, which is a huge market of potential clients.

"The MetaTrader 5 platform has an extremely powerful MQL5 development environment, - Renat Fatkhullin, the CEO of MetaQuotes Software Corp. said. - However, until recently, ordinary users without programming skills almost never used its advantages. Our multi-stage program is precisely aimed at attracting regular traders in the field of automated trading, and the Market is probably the most important component of it. We hope that the Market will be useful for all traders, helping them to expand their capabilities."

Follow the news!

Joshua Graham
1048
Joshua Graham 2011.06.16 13:44  

so will .dlls be allowed to be distributed with the ex5 file? 

How is protection against decompilation?

Are purchases non-refundable? is there chargeback protection for seller?

What is the net commission for developer?  In other words, if software is purchased for $100, what will the developer get after fees?

Rashid Umarov
Admin
11836
Rashid Umarov 2011.06.16 15:33  
4evermaat:

so will .dlls be allowed to be distributed with the ex5 file? 

No, won't. Market just for EX5-prorams.


How is protection against decompilation?

We have implemented new protection in the MetaTrader 5. It works fine.


Are purchases non-refundable? is there chargeback protection for seller?
Not planned.


What is the net commission for developer?  In other words, if software is purchased for $100, what will the developer get after fees?

We are going to tell this information later a bit. At the moment we don't have final decision.

Jinsong Zhang
15622
Jinsong Zhang 2011.06.17 06:37  
congratulate!
sloshmaster
53
sloshmaster 2011.06.18 00:53  

good to hear!! very excited

 

Joshua Graham
1048
Joshua Graham 2011.06.21 11:26  
Rosh:

No, won't. Market just for EX5-prorams.


We have implemented new protection in the MetaTrader 5. It works fine.


Not planned.


We are going to tell this information later a bit. At the moment we don't have final decision.

1) Can you go into more detail on how ex5 files are protected from decompilation?  perhaps write an article about it?

2) Can you go into more detail about your purchase policy for EA?  more specifically the refund policy?

Asparuh Nestorov
353
Asparuh Nestorov 2011.06.21 15:14  

Good News for me.

Will the commission for developers be payed on each sold copy? That would be fair. 

Jinsong Zhang
15622
Jinsong Zhang 2011.06.22 06:01  

URL error: I'm the seller now but the link of "Add new products to Market" is wrong(http://www.%7b0%7d/ru/market/new_product), please check.

Pavel Kozlov
Admin
639
Pavel Kozlov 2011.06.22 16:54  
song_song:

URL error: I'm the seller now but the link of "Add new products to Market" is wrong(http://www.%7b0%7d/ru/market/new_product), please check.

Sorry for inconvenience. Problem is fixed.
Jinsong Zhang
15622
Jinsong Zhang 2011.06.24 12:11  

Please, modify rule of Market > IV. Products > 4. The minimum cost of the Product that can be offered through the Market service is $10.

Please change to $1. Because some simple scripts for utility should cost lower than $10.

Thanks. 

 

Jinsong Zhang
15622
Jinsong Zhang 2011.06.27 10:32  
When I edit the product that I upload, how to re-upload the .ex5 file?
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