Welcome to the Linked account signal provider page where you can get details on how to become a Robot trading signal provider.
Please make sure you watch this video for back ground about the service first. Also please read the Lined account marketing page LINKED SERVICE
Robot Trading Ideas
ONE: Use robots that allow traders to join your service without complications. If your service has many open trades it makes it difficult for clients to join. The Grid Trend Multiplier or even the Profit Retriever for instance creates and collection of open trades that close when the total of the open trades is optimal. This makes a client joining at any time tricky.
So consider Robots that have daily close of all trades like the Trend Trader and the Make Money Day Trader so any new trader can simply join before the start of new trades the next day
Our copying software will be designed to only start working at the best time for the client (at the point when there are no open trades and a new new one is starting) so this will help.
TWO: It is better for clients to use a few accounts in this service and put all their eggs in 1 basket. Generally clients have small live accounts. So try to use small trading accounts for your trading linking accounts - the smaller the account you use the more likely clients will link to your account - so try to use $500 to $1 000 accounts. Big accounts of $10 000 will hardly be traded and merely changing lot sizing can cause a big loss in efficiency
THREE: Drawdowns and Risk control is the most important elements of such a service as new clients do not want to join a service only to immediately experience a 20% drawdown after a successful run. So focus on that.
Sadly client join at the end of a successful run and leave at the end of a big drawdown. You need to keep your clients confidence for a long period
FOUR: Certain Robots are good for hedging. So allow trading to occur in one direction on 1 account or chart and trading to occur in the opposite direction on another account or chart - consider creating small portfolios of hedging of complimentary robots
FIVE: Portfolio options - Try to list a number of accounts in the service that will allow packaged portfolio options that spread risk. Certain portfolios can spread risk by hedging or trading different strategies (Trending and sideways market strategies)
SIX: To get yourself started simply use the already supplied free and paid settings and adapt them for smaller accounts - even beginner traders can do this as part of their setting testing process
Your goal is to create Robot Trading results that traders would love to link their account too.
So the first thing you need is a robust trading record showing your ability to trade Robots. As this is the start of the service this record will have to be at least 6 to 8 weeks old, profitable with good drawdown and risk management. You will be competing against other Linked Account providers so your results need to be outstanding.
In general accounts should have started with a $1000 balance but proprietary and Profit Retriever strategies can start with a $10 000 balance
Linked account providers do not have to disclose their settings or their identities
Once you have such an account (it could be demo or live) you will need to link it to the FXBlue account analysis service and provide this link to Expert4x. We will review your account and it approved you will be added to our advertised list of linked account providers.
Forum members will then be able to link their accounts to your account using a special copying Robot specific to your offering once your account is approved.
You will be compensated based on the number of live accounts linking to your accounts and the volume of trading experienced. Details of this will be provided closer to the launch. There will however be trading standards that will have to be meet such as being profitable over the last month to be paid or to be kept of the Linking accounts list.