MetaTrader 4 provides the built-in social trading service – Trading Signals. Using this service, you can copy deals of other traders directly in your terminal. All you need to do is to choose a Signals Provider and subscribe to his or her signals. After that, all deals will be automatically copied on your trading account.
Any MetaTrader 4 user can take advantage of trading signals. Select a signal from the list, evaluate its trading parameters and subscribe to it if you are satisfied. By the way, many Providers offer their signals for free. If you are interested in a paid signal, you can also subscribe to it easily.
An important feature of social trading in MetaTrader 4 is the complete absence of tedious paperwork. You liked the signal? Then subscribe to it right now. There are no contracts, no correspondence, no negotiations with the Signals Provider or someone else. Everything is done in a few mouse clicks directly in the trading platform.
In addition to subscription, each MetaTrader 4 user can also become a Signals Provider and distribute trading signals. For security reasons, such users should register as Providers on MQL5.com, submit their actual personal data and pass the one-month signal test. After passing the test, the signal becomes available to all users and any trader can subscribe to it.