Hello, there are several websites that provide signals that can be followed, both paid and free. I placed my signals on two sites: MQL5.com and zulutrade.com. Both have different types:
1.MQL5.com : is a website that provides signals that can be followed. Payment is based on a monthly basis starting at $30. Even if there are no positions in a month, clients still have to pay the monthly fee. Meanwhile, signal providers (leaders) are required to trade regularly to maintain their signals and remain visible to clients. If they don’t trade for a month, their signals will be removed by MQL5.com. This is actually a good website for signal providers because the signals clients receive are exactly the same as those from MT4 leaders. The downside is the obligation to trade within a certain period, even if the market signal is unfavorable. This is my obstacle in placing signals here. As known that my signals are 100% win-rate, so I have to wait for the right time to open a position, which sometimes takes more than a month. This situation often passes the required opening target time, causing the signal to be removed by MQL5.
2. Zulutrade.com is a website that provides signals that other traders can follow, with a payout system based on a percentage of the client’s lot size. The larger the lot size a client opens, the higher the signal provider (leader) receives. The downside is that the MT4 leader sometimes doesn’t match the MT4 signal received by the client, which can be detrimental to the client, for example, when the client MT4 opened a position few hours late when actually MT4 leader already open that position earlier. This is due to the imperfect IT system at Zulutrade.com, which makes it unable to accurately copy signals from the MT4 leader. My signals here don’t have a 100% win rate because the position was closed by the Zulutrade system, while on MT4 it was still a floating minus position and finally closed in profit.
In conclusion, I prefer to install my signals on MQL5.com. If you want to see the signals on my MT4, please contact me via email, and I will install my the signals on MQL5.com.