Discussion of article "General information on Trading Signals for MetaTrader 4 and MetaTrader 5" - page 21
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What does it have to do with brokers, if they are not involved in this scheme in any way?
This topic was discussed - why they banned subscription from free signals to real accounts . Renat answered then
can I have a link to this discussion? I would like to know the official point of view.
The most obvious is the ability of users to use the system of copying trades for free, i.e. it increases the load on the servers of the management company, but there is no money. Therefore, the company, by limiting the possibilities of users, turned the situation in its favour - reduced the load or forced to pay. I consider the other proposed options as an attempt to make myself white and fluffy, but I would still like to study the company's point of view.
can I have a link to this discussion? I would like to know the official point of view.
The most obvious is the possibility of users to use the system of copying transactions for free, i.e. it increases the load on the servers of the management company, but there is no money. Therefore, the company, by limiting the possibilities of users, turned the situation in its favour - reduced the load or forced to pay. The rest of the proposed options, I consider as an attempt to make themselves white and fluffy, but I would still like to study the company's point of view.
Where will I find this link now )))) and so I remember. It's not the load, but the difference in demo and real accounts. Many brokers provide a limited demo period, from a month to three months - in short, everyone has different, so imagine, I open a demo account, earn interest for two months, on the third month I have a bunch of subscribers - and on the fourth month a bunch of claims to Methaquots and return the money at their expense + commission, + reputation . Demo server is still a demo, it can be disabled, quotes are different - so the execution is the worst. And there are brokers that do not support the service of signals (yes, they do not dote on it in their hearts). And here is such a broker, you can get an account and broadcast demo signals from it. And then this demo is gone, and again subscribers are out with Metaquotes.
MQ must have made more profit if they copied signals from demo to real, don't you think? The load has nothing to do with it))))))) After all, reputation is more expensive ! Imho
The rest of the proposed options, I consider as an attempt to make themselves white and fluffy, but I would still like to study the point of view of the company.
MQ must have made more profit if they copied signals from demo to real, don't you think?
I think that an adequate person would not sign his real money for a signal from a demo account. If it is not obvious for you, I can explain it if you ask. And "inadequate" people do not have money for this. That is why this option does not shine any money for MQ. The only reasonable option for using the scheme demo-real is as <delete> and here MQ really flies past the money. To stop flying by, they introduced a demo-demo, real-real restriction.
And regarding reputation with account closure - all responsibility lies with the client and the customer, and the intermediary has nothing to do with it. After all, what prevents you from opening a signal in real, gathering subscribers and closing down on your own?
On the other hand, if the signal provider does not know that his broker limits the demo lifetime, do you think he is a professional and can trade profitably? =)
I think an adequate person would not sign their real money to a signal with a demo account basis. If it is not obvious to you, I can explain it if you ask. And "inadequate" people do not have money for this. That is why this option does not shine any money for MQ. The only reasonable option for using the demo-real scheme is as <delete>, and here MQ really flies past the money. To stop flying by, they introduced a demo-demo, real-real restriction.
And regarding reputation with account closure - all responsibility lies with the client and the customer, and the intermediary has nothing to do with it. After all, what prevents you from opening a signal in real, gathering subscribers and closing down on your own?
On the other hand, if a signal provider does not know that his broker limits the demo lifetime, do you think he is a professional and can trade profitably? =)
I know from my own experience, it's not the first day here). At one time I got into the nomination "The most prolific author" :) and subscribed real money for these signals. I was not in favour of cancelling the subscription from demo to real, but when I turned on the rational part of my head, it turns out that it was done correctly.
PS.On your link <delete> there is nothing, the comrade only registered yesterday. So the question is - What do you want? Obviously not bread :).
Dear developers, in the Title of the topic"What is the difference between our system and others" item 4 states"Full transparency of trading history"
I have already asked a question about one of the largest brokers ForexCapitalMarket "trimming" the history of transactions (it is rather an anti-advertisement :). My signal https://www.mql5.com/en/signals/111014 was published in early June and yesterday was on the first page of the rating, and today after this trimming of history was far behind. But that's not all, you have the date of publication, why now the signal page shows 5 weeks of work and a warning "The account was opened recently and therefore the results may be random"?
Then you answered the question that you plan to keep the history at your place, but the date of signal publication can be correctly indicated, it is in no way connected with the history of transactions at the broker.
How can I get out of this situation? When are you planning to store the history? You can store not the whole history of deals, but control points by dates. Equity is shown correctly, from the date of signal placement, but Balance and Growth are not, because the scale on the X axis is not by dates, but by deals. Since deals are cut off, the calculation is distorted. So why not also count by dates?
Dear developers, in the Title of the topic"What is the difference between our system and others" item 4 states"Full transparency of trading history"
I have already asked a question about one of the largest brokers ForexCapitalMarket "trimming" the history of transactions (it is rather an anti-advertisement :). My signal https://www.mql5.com/en/signals/111014 was published in early June and yesterday was on the first page of the rating, and today after this trimming of history was far behind. But that's not all, you have the date of publication, why now the signal page shows 5 weeks of work and a warning "The account was opened recently and therefore the results may be random"?
Then you answered the question that you plan to keep the history at your place, but the date of signal publication can be correctly indicated, it is not related to the history of transactions at the broker.
How to get out of this situation? When do you plan to store the history? You can store not the whole history of deals, but control points by dates. Equity is shown correctly, from the date of signal placement, but Balance and Growth are not, because the scale on the X axis is not by dates, but by deals. Since deals are cut off, the calculation is distorted. So why not also count by dates?
Can you tell me where the rates are?
is the tariff a percentage or a fixed amount?
If a percentage of the cost, what is the minimum amount?
and what is the minimum tariff?
is it possible to make access to paid signals only for certain users?
I found that 20%, what prevents me from putting a paid signal costing $0.2 per month?
Can you tell me where the rates are?
is the tariff a percentage or a fixed amount?
If a percentage of the cost, what is the minimum amount?
and what is the minimum tariff?
is it possible to make access to paid signals only for certain users?
I found that 20%, which prevents me from putting a paid signal costing $0.2 per month.