MetaTrader 5 Help

How to Become a Signal Provider

How to Become a Signal Provider

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, you need an active MQL5.community account. If you do not have an account yet, please register.

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.

Start registration as a Signals Provider

Prior to registration, you should confirm your consent to the processing of your personal data and agree to Service Rules. During the registration process, you will need to provide your personal data as well as to attach photographs of your ID documents. Every registration step is provided with detailed instructions. Please read them carefully and strictly follow the requirements.

Information about the approval or refusal of your registration will appear on the same page in due course.

Adding a Signal #

Once you register as a Signal Provider, button "Register" is replaced with "Add signal".

Adding a Signal

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 window of the platform and click "Register as Signal Register as a signal" in its context menu. Then you will go the signal registration page at MQL5.community. The selected account and the right broker server will be automatically specified in the registration form.

Creating a trading signal

Monitoring is enabled, real-time gathering of data — trading data will not be updated in the signal until you enable this option.

This is my personal signal, not available to 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.

Trading signal name.

In this field, select the fifth version of the trading platform.

The account number, from which trading signals will be provided.

Enter an investor password here. This password provides access to the account in read-only mode without the possibility to perform trading operations. Master password is not specified and the Provider's account remains protected.

Specify here the name of the broker server. When you start typing the first characters, the list of possible names will be shown to you. Please ensure server name is exactly the same you have in the platform settings.

Specify the type of the account that you register: demo or real.

If the signal is based on a real account, specify the subscription price in this field. The price is specified in USD per month. Signals based on demo accounts are always free.

You can receive notifications on various changes on MQL5.community website (new personal messages, correspondence with the moderator in 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.

Click "Add" after specifying all the parameters.

  • Account type — demo or real — determined automatically. The created signal is automatically added to the appropriate category.
  • An account with a leverage exceeding 1:500 will not be available for subscription. This limitation is implemented to protect subscribers from signals produced on accounts with 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 does not need to stay always connected in the trading platform 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.
  • Specify your unique MetaQuotes ID (that can be found in the mobile trading platforms for iPhone and Android) and receive instant and free notifications on all important MQL5.community events.

Managing Signals #

Move to "My Signals" section to manage your signals. Basic information about your signal is displayed here. Signals can also be viewed by categories by clicking the appropriate tabs:

My Signals

Trading signal name.

Growth of the signal provider's balance as a percentage.

The number of current signal subscribers.

The number of weeks that have passed since the first trade performed on the trading account (the entire account lifetime is taken into account, not just the period since its registration as a signal).

The number of trades that fixed profit/loss.

The percentage of profitable trades of the total.

The signals are available for others to view. The category does not contain demo signals, because they are not displayed on the Signals showcase on MQL5.community.

Private signals are only visible to you.

Signals moved to archive (for example, due to the long absence of trading activity).

Signals with the monitoring turned off.

Click the signal to edit it.

Editing the signal

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.