It was discovered that there was a need for a way to
connect buyers and sellers of applications designed specifically for the Forex
trading industry. It had to be a place where everyone could see the benefits of
the system. The system that was developed was called MQL5 Market.
MQL5 Market
The MQL5 Market is a clearinghouse for all types of
applications tailored for the financial markets. These applications include
indicators, trading robots, scripts and many other programs. The product
listings are categorized to make finding the right applications for you a snap.
One of the best features of the MQL5 Market is that it
is one of the most secure systems of its kind, due in large part because both
buyers and sellers are required to be members of the service.
What makes the MQL5 Market the best
option for sellers?
The MQL5 Market also offers sellers several really good
perks when it comes to listing their products on their service. The system is
setup in a way that it both protects the seller equally as well as the buyer.
The software can only be launched from the MetaTrader 5 terminal and it is tied
to the individual configuration of the buyers computer, making it nearly
impossible to load it on another computer.
The transactions are handled within the system and is
capable of accepting credit card payments and after the transaction is
completed you can withdraw the funds to a Webmoney or a Paypal account.
How to go about selling a product in
the MQL5 Market?
The MQL5 Market requires all sellers be registered with
the Market by filling out an application. You can request to become a seller as
an individual or as a company and once approved as a seller you will be able to
post your own product for sale.
In order for your program to be accepted to be a part
of the MQL5 Market it must be compatible with the MQL5 platform. The submission
process has been made pretty easy by following the steps by clicking the Create
New Product tab and it will have to pass a thorough inspection by a Market
Administrator.
What rules were established for all
users?
There are strict rules governing the use of the MQL5
Market and they are broken down in distinct sections; General, Buyers, Sellers,
Products, Product Testing, Liabilities, Payments, Dispute Resolution and
Termination of Service.
The rules were set up to protect the integrity of the
market and to protect the users from being taken advantage of. Each product is
tested by the Market Administration and must pass inspection before it can be
added for sale on the Market.
Why Register
at MQL5 Market?
It is the service that eliminates all these obstacles.
It is the one place where you find trading robots as well as indicators being
sold. This means there is no need for a trader to examine website after website
to get applications. It minimizes time spent on searching, which translates to
money.
Developers, confident that their applications will be
found by traders increase availability of their applications. This also
translates to more money. This is what
happens when you remove risk from the whole equation.
Moreover, you can purchase an Expert Advisor from the
trading terminal and launch it right there and then. MQL5 Market is integrated
with the Meta Trader 5 (MetaTrader 5) trading platform. The convenience provided by the whole
process increases sales and confidence for both the seller and the buyer.
The fact that buyers can activate the application more
than once (the purchaser downloads the application) reduces fraud and
violations of copyright.
Developers are then sure no third party will get the
product since programs are encrypted as per the purchaser’s hardware
parameters. It is impossible to launch the code from anywhere once an Expert
Advisor has been activated twice.
The only thing to do is open an account with MQL5Market (MQL5 Market) and you are good to go!
My Final Thoughts
With the growing popularity of Forex trading also known
as foreign currency exchange trading has created a need for a centralized
location for users to find information and tools to make it possible to be
successful.
The MQL5 Market is the leading source for products
relating to Forex Trading. With all of the top quality trading robots,
technical indicators and everything else, it is truly a one stop shop. No more
need to scour the internet looking for products you want and more often than
not, coming up empty handed and disappointed.
So, if you are tired of wasting all your time searching
the internet for the software products you are looking for, just give the MQL5
Market a shot.