Advantages of MQL5 Trading Signals to Traders over Other Signals Service Providers

This is a new kind of online cfd signals service: based on the strategies of real CFD traders, this is the first advantage. Each provider enrolled on the MQL5 signal sections has a proven track record of profitable trade transactions. All accounts of these cfd signal providers are continuously monitored & tracked.

Most of the cfd copy signal providers are professional & experienced traders, therefore for those wanting & looking for this copy signal service, this is the best place: a single place where copy trading subscribers can meet other signal providers who have profitable strategies & copy them.

So, What are Advantages of These Signals Service to Traders

1. Signals Providers Are Experts Who Use Real Accounts Opened With Their Own Money

Every cfd signal provider on the MQL5 community is an expert using their own real account opened with their hard earned money to provide the trading signals. Take a look at the screen-shot below: the signal provider name is "101010", the copy signal service is hosted on the MetaQuotes Server, The trading equity balance is $18,908.35 real money.

Live CFD Signals

Every live cfd trading signals service provider is first registered in the community, upon registering they specify their real account, & this account is the basis used to create the signals. Once a cfd signal provider opens a trade on this account, then this trade is automatically generated and copied to subscribers.

This is the first advantage, all trade are generated on live accounts by experts: this way as a buyer of this trade signals service you know you're getting a good deal.

2. Owned by Meta-Quotes Software Corp. Owner of MT4 & MT5 Platforms

There are hundreds of web sites out there selling this signals service, but for those who want to subscribe there's is really no sure method of determining which one is legitimate & as a signal buyer there is no way for you to know who is behind trading signal service.

But in MQL5, all providers are first signed up on the community which is operated by Metaquotes CFD Software Corp. If you do not know Metaquotes CFD Software Corp. It is the owner of the MT4 and MT5 cfds trading platforms that you're cfd trading with, the software that you downloaded from your trading broker, your cfd broker got it from Metaquotes CFDs Trading Software Platform Corp.

All trading signals providers Must Register & must fill a registration form & send proof of ID & Proof of their Residence, After registration they then get SMS confirmation of their registration. This way as the signal subscriber you get to know the person that you're dealing with.

In addition, when you subscribe you don't send money to the signals provider. You will open an MQL5 Community Account, & you will then use what is known as credits to subscribe. Credit is what is used to transact within this community. To obtain credit you deposit money within this forum. This way you will not be dealing direct with other person, you'll be dealing with Metaquotes CFDs Software Corp. And then the company will handle all trades between you, the buyer, & seller: all you have to do as a buyer is to obtain credits and you're set to get all the cfds signals copied to your trading account without having to do anything else.

3. All CFD Signal Services are Tested & Have a Track Record of Profit Making

The example screenshot below shows a summary of the top ranked accurate trading signals.

Real Time Updated Live CFD Signals

For each one of the cfd signals provider above there is duration in weeks that the provider has been trading. For this duration the profit a month as a percentage is also recorded. Top ranked trade signals above have the following track records:

• Duration - 7 weeks to 117 weeks
• Profit Per Month - 199% to 1,557%

In addition all the market signals providers must pass a 1 month testing period where they must prove that their trading strategy is profitable, before getting signed up on this list.

This way, the whole process is transparent and as a subscriber you always know what signal you are buying & the track record of profit making is.

This is the advantage of this service over others out there: you get statistics that are tracked real time and updated weekly and their authenticity can be verified by viewing the detailed statistics and transaction history of a CFD trade signal provider where as others you just get a image of previous transactions & their authenticity may not be verifiable.

4. Affordable Price

One advantage of this service is that it's set at an affordable price, because there are many copy trading signal service subscribers therefore the it is charged at an affordable fee. Anyone who is trading with MetaTrader platform can subscribe directly from their platform: this is what makes the MQL5 community to have a large subscriber base.

This is the advantage, it's affordable as compared to other daily cfd signals which charge expensive fees ranging from $100 dollars to up to $200.

Below is example of the top ranked signal providers for MetaTrader 4 & MT5 cfds platforms, the price is set at $40 & $35 a month.

Price For The Top Ranked Signals

Another advantage is that there are some cfd signals that are free. Those traders looking for free cfd signals or free live trading signals can go to the Online trading signal service providers page and access the free cfd signals as well as the paid for trading signals.

5. Easy Setup Directly from MetaTrader Platforms

Once you subscribe to a cfd signal, there is no need to setup an alert system, for example there is no need to set up SMS alert or an Email alert, neither is it required to watch the cfd market constantly 24/7.

This service can be accessed direct from the MetaTrader platform. All one has to do is to setup & activate this directly from their trading software.

The screenshot below shows where a trader can access the CFD trade signals direct from their trading platform. This is what makes this service the best signal service for traders.

MetaTrader CFD Software Toolbox - Signal Setup Tab

3 steps to subscribe:

1. Go to MQL5.com: Register an Account
2. Specify Your CFD Broker: a list of available brokers is provided when logged on your forum account.
3. Account Number on Brokers' server (Password is not required) .

The advantage is that when one completes this simple process of this cfd setup, they will automatically receive these transactions from the provider that they select copied to their accounts. Trade will now execute in real-time on your MT4 cfds platform as soon as they are generated.

For More Details, read these 2 tutorials:

Articles/523

Articles/618

6. TET - Trusted Execution Token Model in CFDs Trading

Trusted Execution Token or TET model is the MQL5 automated cfds signal system. This is how the TET model works:

Once you've registered, all you have to do is to choose a cfd trading provider. Once you choose this, your trading software will then connect to this signal through the TET system, and all their trades will be executed automatically in real time on your account, it is simple like that.

There is no need to manually execute the generated trade transactions or set-up alerts such as SMS alerts, or look for any other custom signals software the trades generated are live & executed automatically by TET system

The Advantages of TET Execution Model in CFD Trading Are:

Minimum Delays in Execution - with Trusted Execution Token: TET execution model trade deals are automatically executed & there isn't any delay between the time the copy signal is generated and when it's copied to the trading account of the subscribing CFD traders.

No need to keep your platform online 24 7 - ( TET ) System automatically copies all trades on your account even if your cfd software isn't opened.