How to benefit from an expert adviser Affiliate, Folding, Buying?

A paid way of obtaining programs for trading in financial markets:

Under the paid method, we mean the exchange of our money for a program code, file, directory or archive.

Purchase in the Market Mql5

Developers of the most popular terminal MetaTrader have created a huge application store for their offspring. Go to the store, it's Market Mql you can through the developer's site, and in the terminal MetaTrader. Anyone can in a few clicks to buy absolutely any software product for their trade.

Pros of shopping in Market Mql

• Huge selection of applications, more than 14,000 software products of different levels.
• Programs work for any broker, there are no restrictions on brokers.
• The programs work on any trader accounts.
• The ability to rent a program for a short time, this feature allows you to familiarize yourself with the product and to study its work well before buying it.

Minuses of purchases in Market Mql

• Most products is paid and have a high cost. In the market there are products from $ 30 to $ 30000
• All products have activation, activation is written off each time you install the program on a new computer or if you have reinstalled the operating system. In most cases, the products in the market are given 5 activation. If activation is expended, you can no longer run the program in the terminal.
• The program developer is not interested in your success, his interest is only to sell you his product. Regardless of whether the product is good or bad, the seller's task is to sell and sell as many copies as possible. There are sellers whose slogan is "Loch is not a mammoth, will not die out"
• The biggest disadvantage of the Market is the sale of free code. There are a lot of scammers and swindlers who take free advisers, change the names and titles of the settings, and then sell them in batches in the Market. To my great regret, this is also a horrendous trend ... The Administration of the Market can not do anything about it, since only compiled and closed codes of programs are accepted into the Market. The moderator of the market does not see that this adviser was taken somewhere in the open source. It often happens that codes from CodeBase of the same Mql service are moved to the market and sold for a lot of money.
• Frequent problems with installing programs in MetaTrader, for all the time the market existed, they addressed us and dealt with the problems of installing programs every day. Unfortunately, the service of automatic installation of purchased code does not always work correctly.
• You can not start the downloaded program on the home forex terminal on another computer, you will either be prompted to activate, or if the program is free, it simply does not start. The MetaTrader terminal in the journal will write something like C:\Users\Administrator\AppData\Roaming\MetaQuotes\Terminal\F03E378DDFA0E0B701517007\MQL4\Experts\Name.ex4' license.

Group purchase or purchase in a warehouse

With the development of demand for software codes on the Internet have become like mushrooms bloom forex folds where you can buy the desired adviser several times cheaper than in the Mql Market or on the official website of the developer. Forex folds combine 3-100 people and jointly buy a trading algorithm or indicator. For the program developer, this is an additional profit from the sale and an effective way of advertising the program.

The forex fold works as follows: 

Ivan wants to buy a Grail forex, which sells for $ 1000. For Ivan this is a very large amount, but he wants to buy the program.. Then Ivan says to the seller of the Grail "Let me collect 10 people, and we will fold up to $ 100-120 and so we will collect the sum of $ 1000, and you will sell to each of us all one copy of the program." For the seller, such a sale is also profitable, he receives money and 10 satisfied customers who will tell what a cool product they bought. Is a fold for the buyer? Yes, a good fold for the seller? Yes. 

Pros of group purchase or collectively

• The only plus is the low price, if the official price of the EA in the Market Mql5 or on the official site is $ 1000, then group purchase of such an adviser can get it for $ 10-100

Cons of group purchase or in a fold

• As in the case of the market, the seller is not interested in your success, he does not care about your financial result from using his programs.
• The huge risk of buying an advisor that you can download for free. In most cases, group purchases expose and advertise EAs who just freely lie on the Internet. The seller changes the name of the program, changes the name of the settings, then paints everything and makes purchases from fake accounts. The newcomer, seeing that 8 people out of 10 possible joined the fold and each invested $ 200, also have the desire to invest in this fold.
• Advisors in folds often are protected from further distribution by binding to the account number. This means that the adviser will work only on one account number, in other accounts the work of the adviser will be blocked by the internal protection system. The buyer can not do anything about this.
• When group purchases, you can declassify your personal data and your payment card details. Be careful and do not trust anyone with your secret data.
• It is possible to buy a program, for work which is needed the DLL library. DLL library is a compiled-closed code written in another programming language. Such libraries can come with the Expert Advisor in the package or be called from the operating system. The possibilities of such libraries are unlimited. DLL libraries can steal and transfer all your data, can mine on your PC and send earned bitcoins (Bitcoins) and other crypto currency to the scammer. They can simply delete everything on your computer. To date, the programming language for MetaTrader allows you to completely dispense with the DLL, any function, any code can be written without a DLL. Therefore, programs that call third-party libraries are very doubtful.

Forex folds do not guarantee that you, even for little money, will not be deceived and get a good program. 

Purchase on the official website of the developer

Professional software developers very often launch sales of their programs on their own site. This increases the reputation of the developer, gives the opportunity to give more information about the program. Also, many developers lead groups in social networks to advertise their development.

Advantages of purchasing on the official website of the developer

• The opportunity to buy a program that is not available anywhere else is valued by real developers and they treat their programs as if they were their own children. Therefore, such programs are often not published in the Market or Forex pools. They are described in detail only on the developers' websites.
• Developers often post additional modifications to trading applications that cannot be posted on the market.
• When purchasing on the developer’s official website, you can get a discount on subsequent purchases.
• You can get various "goodies" in the form of settings files or an additional application.
• There are situations when a program on the developer’s website can cost an order of magnitude cheaper, since the developer does not pay a commission for placement on a third-party market.
• The developer’s website may have more text and video descriptions and examples of working with the program.
• Ability to pay for the application in several ways.

Disadvantages of purchasing on the official website of the developer

• It is a huge risk to buy something that you can get for free. Unfortunately, the Internet is full of landing sites aggressively convincing you to buy programs. These scam sites look very nice, have a lot of testing reports, and a lot of reviews from supposedly already successful users of the program. Everything is painted beautifully and attractively. A characteristic feature of the bait site is the presence of a countdown timer, a pop-up window at the moment when you want to close the site. And the presence of praising, guaranteeing texts.
• In any case, the developer will somehow protect the program from further distribution. This can only be the linking of the program to the trading account number. Your copy of the program will only work on the account number that you indicate when purchasing the program. Perhaps the developer will give you a key that will activate the program, but this key will only activate the program on the account number for which it was generated.
• There is a risk of buying a program that comes with a DLL library, and as we described above, the operation of such a library can lead to unpredictable results.

Free method of receiving programs for trading in financial markets:

Under the free way, we mean downloading advisers on the Internet on any Internet resources. I want to draw your attention, what often you can download for free and not a pay nothing for the download itself, but an advisor may have restrictions.

Free, absolutely free programs

Pros of free software:

• You do not have to pay your hard-earned money for the program.
• Work on any brokers.
• Work on any trading accounts.
• Often a free program comes with the source code, which you can edit or modify yourself as you need.

Cons of free programs:

• The probability that you will really get something worthwhile is approximately 0.000000001% and if you are immortal, then you can start this long search path.
• Free program is free, because there is nothing of value in it.
• Huge chance to get on the program with errors in the code, which can loss deposit to zero in 1 minute.
• It is possible to run into a program with malicious code. (Hidden mining, extraction of crypto currency, complete destruction of data, transfer of personal information to the network)
• No technical support, no one accompanies or supports such programs.
• The probability of depositing a deposit quickly and qualitatively is 99.9999999999%

Free on the terms and conditions or on the affiliate program

The developer of such expert advisor makes a lot of efforts that the trader will earn more. In the course are not only advisors, the course is all that can increase the income of traders who are included in the developer's affiliate program. Getting an advisor on an affiliate scheme is the most profitable way. The developer is more interested in making you earn a lot of money. The developer can distribute keys, licenses or how we simply activate the program for our partners through the Internet. Working on the affiliate program, you will always receive free updates for programs, new advisers and indicators.

Pros of programs on conditions:

• You do not have to pay for the program if the client has met the conditions for obtaining the program.
• The main plus is the direct dependence of the developer's income on the income of the trader user. The more the trader earns, the more the developer will earn. Affiliate programs are designed in such a way that the developer pays for the use of programs by a broker partner. For a trader there is no difference, he does not bear any costs for using the programs. The commission is taken from the spread or commission that the trader pays to the broker. Proceeding from this, it becomes clear that the developer does not benefit from instantaneous discharge of the trader's deposit. Regardless of how the trader trades, whether he is in the affiliate program or without it, the spread and the commission for the trader will always be the same, according to the terms of trade of the broker. I will tell you more, often a trader does not even know that he is in someone's partner group.
• Technical support - the developer of the program is most interested in writing stable and reliable programs.

Disadvantages of programs on terms:

• A trader can not regain some of the spread through the rebate service. Unfortunately, part of the spread goes to the developer for using the programs, or to you alone. Returning a spread, a trader for a penny increases his income and deprives himself of the opportunity to use programs which increase income is much stronger.
• Programs work only on accounts that meet the conditions of the partnership program and the conditions for the issuance of free expert advisers.
• Programs work on a limited number of brokers. It is impossible to open and track affiliate programs from all brokers. Therefore, the list of brokers is limited to 1-20 brokers.

Well, if you want to buy the program on the Internet, and the passions described by me above, do not stop you, here are some tips that will protect you from scammers and help you choose a quality software:

Rules for acquiring advisers, indicators, scripts for MetaTrader

1. Carefully read the description of the program, there should be no guarantees or promises of profit.
2. Try to find the developer's site and study the information on it.
3. Try to communicate with the developer, ask questions about profitability, stability, the work of the adviser for a deposit of $ 10,000
4. Ask questions about the program from the position of a beginner. This will provoke the seller to try and get you a program.
5. Read reviews on the Internet at 3-5 sites. Pay attention to reviews, they can be fake.
6. Ask the seller for a demo version, in any program you can put an easy time limit. For a real and honest seller there will be no problems.
7. Ask the seller to show the report from either an online service. (The report should be transparent and should be longer than 3-4 months)
8. When testing the program, always use a demo account as close as possible to the real one (the amount of the deposit is the same as you plan for real, the conditions for trading on a demo account are the same as for the future real)
9. Do not believe in promises, guarantees of profit.
10. Check the availability of the program in the Market Mql there though not great, but there is protection from scammers. Read the comments and feedback to the program.
11. Presence of several versions of the program - it does not happen so that the program was written once without errors, the good adviser has a tail from old versions. On a good program, the developer works constantly and more than one year.

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