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Trading Signals service in MetaTrader 4 and MetaTrader 5 MT5

Trading Signals service in MetaTrader 4 and MetaTrader 5MetaTrader 4 and MetaTrader 5 platforms apart from their principal function of sending orders to a broker have a multitude of other features. In particular, the platforms support Trading Signals service which promotes trades’ copying in real time.

Trading signals, as a rule, represent an updated information about currency operations. Any trader with the help of his trading platform can broadcast information about his trading results in public monitoring list and on the official website of the platform developer (http://www.mql5.com/en/signals/mt4). Everyone out of the hundreds of other traders worldwide can subscribe to any deal he considers successful.

Trading Signals service enables traders to subscribe to any signals and automatically copy them to their accounts online. Meanwhile, you will have to pay a commission to Forex Signal Providers for their services. However, it concerns only those signals that are rendered on a fee paid basis. Every provider can determine the commission amount individually and specify it in the signals information. Internal payment system of http://www.mql5.com website automatically withdraws the required commission from the trader’s account, complied with the terms of subscription, and credits it to the provider’s account.

To use Trading Signals system:

  • download MetaTrader 4 or MetaTrader 5 to your computer or get an updated version of the platform;
  • register with developer’s official website as a provider or subscriber;
  • choose Community in Options section and specify your account data;
  • open Signals in Tools section.

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