How much are you willing to pay

[boonchuai saetang]

How much are you willing to pay for signals ?

<moderator phi.nuts EDIT : let's makes this a discussion. not just for signals but also for product in Market and job section.>

[Dua Yong Rew]

2day:

How much are you willing to pay for signals ?

 

depends on the quality of the signal (eg: ROI, DD, etc...)

[Oluwadare Paul Oguntosin]

2day:

How much are you willing to pay for signals ?

 

it depends on the signal drawdown and pips gain and your trading accuracy.

[Miguelito Yap]

I was thinking about this same thing.  Maybe I'll run a poll.

[Miguelito Yap]

I don't know how to run a poll.

[issa_pa]

in my opinion paying commision for each profitable trade is better than paying fix amount,do you agree?

[Liping Wang]

A good signal is priceless!

[Tonny Obare]

Due to the way the signals operate, the fixed subscription has its advantage. To charge per trade it would be best they charge say a pip per trade. Although signal provider earnings will be greatly boosted especially by high volume traders, implementation of this system would be very hectic as metaquotes would have to enter into partnerships with the numerous brokers so that the commissions are taken directly from the trading account of the follower. The downsides are:

1) Not all brokers might be ready for this thus only those with the few supported brokers will be able to use the service.

2) Slower withdrawal by upto two months or more as metaquotes will have to wait for brokers to forward the signal provider earnings unlike the current instant withdrawal.

3) Lets assume metaquotes implements a system that wont need partnering with the broker and charges subscribers a fixed amount(Volume independent unlike pip per trade system) per profitable trade. If a signal provider sets to earn say $1 per trade then a subscriber uses micro lots and a couple of trades from a scalper close at a profit of 5 pips. In eurusd with leverage of 1:100 this is approximately $0.5 then he gets cut $1 per trade because the trades closed at a profit. Would this make sense? The answer is no.

[Miguelito Yap]

I like the fixed fee too.  My only problem with that is small accounts pay the same as big accounts.  MetaQuotes should account for the difference charge big accounts on a ratio.  The raio could be by Balance between subscriber and provider per thousand.

Example: Provider wants to charge 10 credits and his balance is $1,000.

Big account: $10,000 / $1,000 = 10 so he pays 10 x 10 credits to the provider.

Small account $1000 /$,1000 = 1, so little pays 1 x 10 credits to the provider.

I think this is reasonable and fair. 

 

[Pieter Schalley]

You cant charge for volume this way fxyekim,

impossible to regulate

[Miguelito Yap]

Yeah, also the subcribers could just withdraw funds everytime they win so the ratio doesn't get bigger.