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Signal Providers

  • Updated

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Signal Provider is a trader who grants access to the data on his or her trading operations allowing other traders to copy them on their own trading accounts. Signals can be provided either for free or on a commercial basis.

To become a Signal Provider, a user should have an active MQL5.community account. If you do not have an account yet, please register.

Make sure to read the rules before using the Signals service.

Important information for Signal Providers:

  • How to register as a Signal Provider
  • How to add a signal
  • How to manage your signals

Registration as a Seller

To be able to register your trading account as a provider of paid signals, you should register as a seller.

The seller status is required only for providing paid signals. If you are going to provide signals for free, you can skip this step.

Move to the "Seller" section of your profile at MQL5.community website.

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Click "Register". The registration form will appear:

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Specify your personal data in the form as accurately as possible:

  • First name — your real first name.
  • Last name — your real last name.
  • Company — if you want to register as a company (a legal body), enable the "register as company" option and specify the company name. If you register as a company, all further data should belong to the specified company.
  • Country — country of residence.
  • Address — full address including street name, house, or apartment number.
  • City/Town — city/town of residence.
  • State — state name.
  • Postal code
  • Phone — phone number.
  • Mobile phone — mobile phone number, so that we can contact you.
  • For private individuals — if you register as a private individual, you should upload the scanned copy of your personal identity document (for example, passport or driving license).
  • For legal entities — if you register as a legal entity, you should additionally upload the scanned copy of your certificate of incorporation.

After filling out all the data, examine the Rules of using the Signals and Market service. If you agree with the Rules, tick the option "I agree with rules of the Market and Signals services". If you do not agree with the Rules, do not register as a Signals Provider.

Click "Register" to complete the registration process. After that, your application will be sent to the website administration. A decision will be made within a few working days.

You can track your registration status on the "Seller" tab of your MQL5.community profile.

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You will know the result (approval or refusal) on this page. You will also be notified by a personal message.

If you have any questions, write a message for the administration on the "Comments" tab.

Adding a Signal

After you have registered as a Signals Provider, you will see the "Add signal" button instead of "Register" on the "Signals" tab.

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After clicking it, you will move to the account registration form where you should specify the account that will be used for sending trading signals.

To quickly create a signal, select a required account in the "Navigator" in the terminal, and execute the "Register as Signal" command in its context menu. Then you'll go to the signal registration page at MQL5.community. The selected account and the right broker server will be automatically specified in the registration form.

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Enter the following data to add the signal:

  • Monitoring is enabled, a real-time gathering of data — your signal will not be available to other users as long as this option is not ticked.
  • This is my personal signal, not available to the public. I can open/close public access to it anytime — if enabled, the signal is visible only to you. The signal is not available for subscription.
  • Name — trading signal name.
  • Terminal — the fourth version of the trading terminal should be selected in this field.
  • Login — account number, from which trading signals will be transmitted.
  • Password — specify your investor password here. This password provides access to the account in read-only mode without the possibility to perform trading operations. The master password is not specified and the Provider's account remains perfectly secure.
  • Broker — broker server name. When you start typing the first characters, the list of possible names will be shown to you.
  • Account Type — set the type of your account: demo or real.
  • Subscription price — if the signal is based on a real account, set the subscription price in this field. The price is set in USD per month. Signals based on demo accounts are always free.
  • Notifications — you can receive notifications on various changes on MQL5.community website (new personal messages, correspondence with the moderator in the seller's profile or Articles section, etc.) via your mobile phone. Notifications coming to your mobile number can be replaced with more up-to-date and reliable push notifications. Specify your unique MetaQuotes ID (that can be found in the mobile trading terminals for iPhone and Android) and receive instant and free notifications on all important MQL5.community events.

Click "Add" after specifying all the parameters.

  • The type of the specified account, such as demo or real, is defined automatically. The newly created signal will be admitted to the appropriate category.
  • An account with leverage exceeding 1:500 will not be available for subscription. This limitation is implemented to protect subscribers from signals produced on accounts with the too risky trading process.
  • Signals based on real accounts are always provided for a fee, while signals based on demo ones are always free.
  • A provider doesn't need to stay always connected in the client terminal with the account used for providing signals. Trade operations are read by the signal server using the investor password provided during the registration and then delivered to subscribers.

Managing Signals

Move to the "My Signals" section to manage your signals.

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Basic information about your signal is displayed here:

  • Name — signal name.
  • Growth — growth of signal provider's funds in percentage terms.
  • Subscribers — number of users currently subscribed to the signal.
  • Weeks — number of weeks that have passed since the first trade on the trading account was performed (the entire account lifetime instead of the period since its registration as a signal is considered);
  • Trades — number of trades used for fixing profit/loss.
  • Win — percentage of profitable trades out of their total amount.

Signals can be viewed by categories by clicking the appropriate tabs:

  • Public — signals that can be viewed by other users.
  • Private — private signals.
  • Archive — signals placed to the archive (for example, due to the long absence of trading activity).
  • Disabled — signals with monitoring disabled.
  • All Signals — list of all signals.

Click the signal to edit it.

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Move to the signal monitoring and click "Edit" in the upper right corner. The form filled out when adding the signal will be displayed. Only the following parameters can be changed:

  • enable/disable signal;
  • set signal as private/public;
  • signal name;
  • account password;
  • subscription price.