Can I share your software with a partner/friend?
Signal Magician license is locked to a single sub-domain and you can have as many people use it as you want. Remember, it's a white label solution.
What do I get for renewing "Updates & Support" service?
Renewing "Updates & Support" service provides an additional year of support and software updates. This provides peace of mind knowing you can turn to me for Signal Magician related support and assistance. You’ll also continue receiving software updates to ensure MT4 and web server compatibility as well as great new features and enhancements!
Can I transfer my license to another web server or sub-domain?
You can transfer the license to another web server together with your sub-domain yourself as many times as you want. But if you want to transfer your license to another sub-domain you will have to pay a one-time 500 EUR transfer fee and destroy the old sub-domain.
Does it really work on unlimited MT4 accounts?
Yes. Signal Magician does not have any restrictions built-in, but obviously, the number of accounts you can run SM on will be limited by your web server resources (CPU, RAM) because each EA connection to the database use web server resources.
Obviously, the limit of clients you can have will depend on how powerful your web server is, but with modern Storm® Dedicated Servers from LiquidWeb, you can serve hundreds of customers.
To serve 50-100 clients it should be enough to have 4x Core CPU server for ~ $150/mo.
And you can always start small with Storm® VPS to serve your first 10-50 customers for ~$60/mo.
Can we speak on Skype?
The best way to contact me is to send me an email. I am not always available on Skype, but if I do, the consultation must be scheduled a few days in advance.
Does Signal Magician generate trading signals?
No. Signal Magician does not generate trading signals, it just sends them (copy trades) to your customer accounts automatically. You will have to generate trading signals yourself.
If you are not a trader and do not have any trading strategy to use, here are a few ideas for you:
- Use any of my semi-automated trading tools for MT4.
- Join Autotrading Academy or Forex Robot Academy and learn to create your own automated trading strategies without programming.
- Subscribe to Vavatrade to access my strategies through MT4 investor password and re-sell them to your customer.
I do not know how to start Forex signal business. Can you help me?
Yes. I present you the Forex Signals Academy (included with the Signal Magician), an online 8-week video training program where you will learn how to sell your FOREX trading signals or other Forex products and services.
Is running a copy trading signal business legal? Do I need a license or be regulated?
Yes, such business is completely legal. As far as I know, no regulations or licensing is required because you don't take account deposits from the client or manage their money. You deliver them trading signals with automated execution. If you want to be extra sure you can run such business then ask your client to sign POA (Power of Attorney). I am not a legal adviser so you should consult with a legal adviser in your country.