MQL5 Signals
MetaTrader copy-trading marketplace. Visit the official site →
Useful marketplace telemetry, but not a universal independent audit.
What it is
MQL5 Signals is a discovery and copy-trading marketplace for MetaTrader users. Platform fields can make candidate comparison easier, but each seller still needs to be assessed on its own history, drawdown, broker context, and copying mechanics.
What a buyer can verify
Inspect the full account history, not only the leaderboard position. Check trading period, floating loss, leverage, drawdown, and execution conditions. Platform tracking is useful evidence, but it is not automatically a third-party audit.
Who it fits
Best for experienced MetaTrader users who can examine account history and risk.
Where the evidence stops
Copied trades can differ from the source account, and selection bias remains material.
Run a 30-alert forward test
Freeze the service, strategy, or scanner settings before the test begins. Log 30 consecutive qualifying alerts rather than choosing the cleanest examples. For each one, keep the original publication time, instrument, direction, entry rule, stop, target, edit history, first realistic fill after receipt, fees, slippage, close instruction, and final outcome. Mark ambiguous and missed entries instead of silently removing them.
Day-trading friction checklist
- Delivery: measure the delay between publication and receipt.
- Tradability: compare the displayed trigger with bid, ask, spread, liquidity, and halts at that moment.
- Risk: record initial stop distance, later stop changes, overlapping positions, and total open exposure.
- Accounting: include losses, cancellations, partial exits, open trades, fees, and alerts that moved before entry.
- Reconciliation: compare your complete log with any provider summary and document every excluded alert.
Questions before subscribing
Ask for the continuous dated history, the exact entry convention, the treatment of late alerts and partial fills, the maximum simultaneous exposure, and the rules for deleting or revising calls. Confirm renewal and cancellation terms before paying. A provider that cannot answer those questions has not supplied enough information for an evidence-based decision.
How this guide classifies it
We keep platform telemetry, backtests, publisher claims, and named independent evidence separate. A useful tool can still be unverified. The profile records the distinction so a buyer can decide what additional proof is needed.