Forex trading is becoming increasingly popular among retail traders. Every day we see advertisements on TV and on the Internet. The truth is, Forex trading is not an easy task and it is very evident for those who have been trading currencies for at least a few months. Everyone will agree that it is difficult to fight the huge foreign exchange market. It is also more difficult to make money in long-term forex trading. This is why 95% of Forex traders struggle to find a “Holy Grail” trading system, Forex Robot or Forex Signal Service that will make money in the long run. If you have a profitable business experience, you can sell it to people. Having your customers will give you more returns you can imagine. Making a mini forex signal website with only 10 clients paying a small monthly fee of $ 100 will generate you $ 1000 profit every month. Get yourself 100 clients and have an income of $ 10,000 each month. Yes, this is simple. You can define monthly, weekly, or even daily recurring payments.
Although it is not difficult to start your own forex signal business, you will still need to do some work and make some money. The first thing you will need is a special program that can send Forex trades to your clients. Fortunately, there are many ready-to-use software available online and you can purchase an unlimited license at any time. Now be wise and careful when choosing a delivery program for your forex trading. These programs should come with the dashboard’s website where you and your clients can log in to manage their profile information and their trading settings. Client side software usually has one account locked so your signals will be protected. The client will be able to use the software and receive trading signals for only one account. Usually the program will lock automatically on first run, but customer can easily lock it to another account if needed. However, he / she can only use the software on one account.
Trades are delivered to client accounts in one 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 the various spreads, slippages, bids and delays between the Forex brokers. Although the best solution is to use the same broker for the main and affiliate accounts, the program allows you to use any broker and is not limited to the type of account. The software should work on any account including ECN, STP, Dealing Desk, and 4-digit and 5-digit brokers. The program should automatically adapt to the main or affiliate account it is running on.
The best thing about this is that you can connect your forex signals website to a payment processor or of your choice using special plugins. Supports the most popular payment processors like PayPal, ClickBank, Plimus, and Click2Sell. These plugins will allow you to automatically handle your payments every month. This way you won’t need any human intervention to run your business. Once the new customer signs up for your website, he / she will receive a welcome message containing the login information and the download link. This allows you to start using the program and receive new deals in minutes.
Your main account should automatically start sending trading signals when clients pay a subscription fee. They are usually billed automatically every month until the subscription is canceled, and when they run the client program on their account, they will start receiving Forex signals automatically. So there’s no need for human intervention, and when you make money, your customers also earn money.