Trading Signals for MetaTrader4 / MetaTrader 5 makes trader’s life easy by putting their money to work, automatically. There are huge advantages of this service, let us look at them in detail below:
- Subscriber protection is a prime focus with this service. No data of subscribers is stored on MQL5’s servers which virtually keeps those bad guys who are fearfully called hackers at bay. The privacy of this service is such that even Signal Providers cannot access any personal information of their subscribers.
- Signing up for this service and starting off with trading is as simple as making a few clicks! You just need an MQL5.com account. Just select your broker and specify their account number – voila! You can start trading.
- Careful selection of Signals Providers is done to make sure you do not end up with an incapable provider who can probably lose your money by making losses. Each provider is screened and approved after they go through a probation period of one month where their performance is monitored carefully by MQL5 staff. Loss making providers are not approved.
- All MQL5 servers are secured by experts. High density encryption is used to make sure your transaction details do not land in the wrong hands.
- Hassle free dealing with signal providers since there is no agreement between you (subscribers) and the signal providers. All you have to do is to select the best provider based on the offer made by signal provider in the MQL5 Market.
- You are not required to pay any kind of commission or extra charges to your signal providers. Gone are the days when you had to fear about the extra and hidden charges your broker levied on your just because you made handsome profits. You only pay the fixed subscription fee that you agreed to pay when you choose the signal provider’s offer.
- You receive access to the largest market of trading signal providers.
- To minimize losses – MQL5 allows only one signal provider subscription per trading account. You can however add multiple trading accounts and choose other signal provider for them.
- All deals executed via this platform are extremely reliable since each deal is tagged to a unique digital signature when it passes the execution queue. This protects against possible fraud and modifications.
- There will be no need to keep your trading terminal online all the time in future – MQL5 is working on this right now and it will go live soon. They call it the system of Trusted Execution Token (TET).
- All your trading history is available to you at the click of a button.
- There is minimum delay in the execution of your deals since the system is built to minimize delays. This is a big advantage in the trading industry where each second can result in huge profits or losses changing the fortunes of traders.
- Multiple payment systems like PayPal, WebMoney, Bank Deposit etc., are accepted by MQL to make life easier for your transactions. Withdrawals can be done by multiple systems too.
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