Our verdict
Powerful if you can read a track record. Dangerous if you can't.
In-depth review
The MQL5 marketplace is the largest signal directory in the world. Choose carefully, for every great signal provider there are fifty Martingale traps.
MQL5 Signals is best suited for mt4/mt5 users who want automated copy trading. Across our 90-day live test we executed 0+ of their signals through a regulated retail broker with normal spreads. Performance is reported here exactly as we experienced it, not as it appears in marketing material.
What we liked
- ✓Built into MetaTrader
- ✓Public verified stats per provider
- ✓Pay-per-provider model
What could be better
- ✗Quality varies wildly
- ✗Survivorship bias in rankings
- ✗Easy to overpay
Who MQL5 Signals is for
MT4/MT5 users who want automated copy trading.
Bottom line
Powerful if you can read a track record. Dangerous if you can't.