And following on from my last post, many traders are finding a lucrative avenue in selling trade signals to other traders mainly via automated services on platforms like MT4.
Firstly, if you are considering buying such signals, make sure you do your homework thoroughly on the provider. I’ve seen some very dodgy operators with 37 accounts and they promote whichever account happens to be in profit!
Secondly, the UK regulator recently deemed that all signal providers under their jurisdiction are required to be fully licensed to provide the service (like an MDA license). It’s surely only a matter of time before other major jurisdictions follow suit.
