Forex trading signal service can generate you quite good income and that is the reason many people are looking to start such business. Many Forex traders have their successful trading systems and use them all by themselves worrying that it can be comprised if released to public. Many of them are looking for alternative ways to make more money out of their trading systems and techniques without revealing the trading logic to others. And that's where we come to starting own Forex trading signal service. Do not just use your system for yourself, make it useful to others by selling trading signals and increasing your income.
When trading signals are sold to other Forex traders the trading logic is safe as no one actually see it. People just follow signals and perform the same trading actions as instructed. Any trading software used to place trades stays with the owner. You will only be delivering signals that it generates.
The old delivery method by email is now outdated and most of the customers want to have an automated solution. Trading signals by SMS messages are not that popular these days as well. People dream to find a way to alternative income that runs on autopilot, without human intervention.
Your solution to an automated signal delivery is a Forex Trade Copier. This type of software will copy trades from master accounts to a number of slave accounts. Basically there is no limit to how many customers such service can have. The beauty of this is that all customers will receive and execute the same trading signal in 1 second automatically 24 hours a day the whole week as long as the forex market is open.
Many forex copier programs are available these days and you should choose wisely. It depends on what you need exactly. If you want to copy single master account trades to a single slave account, then you could start with any simple copier available online. There are even free trade copier EAs available. But if you are looking for an all-in-one solution that will help you start your own signal service, then you should look for a Forex trade copier that has web based control panel and plugins to connect with you payment processor like PayPal or ClickBank. Such systems will make your business run on autopilot and generate you income.
Imagine yourself hiring 10 professional Forex traders and selling their signals to your customers. Make sure you choose copier program that supports multiple signal providers and allows you to sell trading signals in groups. You can charge your customers each month for every signal provider they are subscribed to.
If your chosen copier software can delivery signal by email as well, that would just be great. Although this is old fashion method, there will always be customers who will like to have that feature.
Forex copy trade tool will always be the main key to successful trading signals business.
Rimantas Petrauskas helps Forex traders to start their own trading signal services and provides with useful signal delivery software such as Forex Trade Copier and other necessary tools.
How Trading Signal Providers Can Use Forex Trade Copier Prog