Forex trading is becoming more and more popular among retailers. Every day we see advertising on television and online. The truth is that the Forex market is not an easy task to do is very obvious to those who have been trading currency for at least a few months. Everyone will agree that it is difficult to fight against the huge foreign exchange market. And it is even more difficult to make money in Forex and in the long term. That is why 95% of Forex traders are struggling to find the “holy grail” trading system, Forex robot or a Forex signal service that earns money in the long term. If you happen to have profitable trading experience you can sell it to the people. Having your own clients will give you a lot more income that you could imagine. A small Forex signal website business with only 10 customers paying a small $100 USD monthly fee would generate you $1000 USD profit each month. You get 100 customers and you have $10,000 USD income every month. Yes, it’s as simple as that. You can set monthly, weekly or even daily recurring payments.
Although it is not difficult to start your own Forex signal business, you will still have to do some work and have some money. First what is you need special software that can send Forex trades to your customers. Luckily, there are several ready-to-use software available online and you can buy the unlimited license at any time. Now be wise and careful when choosing the software from your Forex trade delivery. Such software should come with the control panel of the web site where you and your customers can access to manage your profile information and of securities trading. Usually customer side software is locked to a single account so your signals will be protected. The customer will be able to use the software and receive trading signals only to a single account. Software usually is locked automatically on the first launch, but a customer can easily lock it to another account, if necessary. But, in any case, he/she may use the software only on a single account.
The trades are delivered to customer accounts in 1 second, and that ensures that the entry price will be the same. There will still be rare cases when the entry or exit price is different, of course, but that is out of our control. This happens because of different spreads, slippages, price quotes and delays among the Forex brokers. Although the best solution is to use the same broker for master and slave accounts, the software allows the use of any agent, 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 must automatically adapt itself to the master or slave account it is working.
The best thing about this is that you can connect your Forex signal website with the payment processor or your choice using special plugins. Most popular payment processors supported such as PayPal, ClickBank, Plimus and Click2Sell. These plugins will allow you to have your payments automatically handled each month. This way you will not need any human intervention to run your business. Once the new subscriptions from customers through your website, he/she will receive a welcome message with the login information and the download link. This allows you to begin to use the software and receiving new trades in minutes.
Your master account should start sending trading signals automatically when customers pay a subscription fee. Usually it’s automatically billed each month until the subscription is cancelled, and when you run the client software on your account, you will start receiving Forex signals automatically. So from there no human intervention is necessary, and when you make money, your customers make money too.