Forex trading is becoming increasingly popular with retail traders. Every day we see advertisements on television and online. The truth is that Forex trading is not an easy task to do is very obvious to those who have been trading currencies for at least a few months. Everyone will agree that it is difficult to fight against the huge foreign exchange market. And it’s even more difficult to make money in long-term Forex trading. This is why 95% of Forex traders are struggling to find the “Holy Grail” trading system, Forex robot or Forex signal service that makes money in the long run. If you happen to have profitable trading experience, you can sell it to people. Having your own clients will give you much more income than you might imagine. A small Forex signal website company with only 10 clients paying a small monthly fee of $100 USD would generate a profit of $1000 USD every month. Get 100 clients and earn $10,000 USD every month. Yes, it’s that simple. You can set up monthly, weekly or even daily recurring payments.
While it is not difficult to start your own Forex signal business, you will still need to work and have some money. First what you will need is special software that can send Forex trades to your clients. Fortunately, there are several ready-to-use software available online and you can buy unlimited licenses at any time. Now be wise and careful when choosing your Forex trade delivery software. Such software should come with the control panel website where you and your clients can log in to manage their profile information and trading settings. Usually the client side software is locked down to a single account, so your signals will be protected. The client will be able to use the software and receive trading signals on a single account only. The software is usually locked automatically on first launch, but a customer can easily lock it to another account if needed. But in any case he can only use the software on a single account.
Trades are delivered to client accounts in 1 second and this ensures that the entry price is the same. There will still be rare instances where the entry or exit price will be different, of course, but this is out of our control. This happens due to different spreads, slippages, price quotes and lags between Forex brokers. While the best solution is to use the same broker for master and slave accounts, the software allows you to use any broker and is not limited to account type. The software should work on any account including ECN, STP, Dealing Desk, 4 and 5 digit brokers. The software should automatically adjust to the master or slave account it is working on.
The best thing about this is that you can connect your Forex signals website with payment processor or your choice using special plug-ins. Most popular payment processors supported such as PayPal, ClickBank, Plimus and Click2Sell. These plugins will allow you to automatically manage your payments every month. This way you won’t need any human intervention to run your business. Once the new customer registers on your website, they will receive a welcome message with their login information and download link. This allows you to start using the software and receive new trades within minutes.
Your main account should start sending trading signals automatically when clients pay a subscription fee. They are usually automatically billed every month until the subscription is canceled and when they run the client software on their account they will start receiving Forex signals automatically. Then from there no human intervention is needed, and when you make money, your customers make money too.