What is MSP plug-in?
What does this plug-in do?
The MSP plug-in was designed to allow customers to choose which signal providers to follow after joining your Forex Signal services. Using this plug-in, your customers can easily set individual money management options among others, for each signal provider they follow.
Your Forex Signal website can have one subscription per provider or group of providers. If you offer 3 signal providers, you can create a subscription for each of them or a subscription that grants access to all 3 providers.
The MSP plug-in can operate in two modes, namely, subscription mode and public mode.
In the subscription mode, each follower has an expiry date assigned for each signal provider. Normally, payment is required for provider services. Followers can get paid subscriptions to as many signal providers as they want.
In the public mode, no subscriptions are used and followers can follow any signal provider they wish to. There is usually one price for all signal providers.
Also, you can always create usernames manually, regardless of the mode in which MSP plug-in is operating.
Why is an MSP plug-in important?
Before MSP plug-in was developed, having multiple signal providers was possible but it was not possible to split their trades among customers. Trades from all providers were sent to all customers without any exceptions.
These days, customers are called followers and they can choose several signal providers to follow. Furthermore, it is now possible to set individual EA settings for each provider and have individual expiry dates for them.
How does it work?
The MSP plug-in creates a new tab in the customer’s profile page and shows a list of available signal providers.
It can display providers that a customer is subscribed to or it can display all signal providers but give access to follow only the ones that the user is subscribed to. Customers can follow and un-follow providers any time.
The MSP plug-in also works with an Email Alerts plug-in and can deliver email notifications after every trading action.
This plug-in also creates an additional tab for signal providers. This is where providers can see the list of their followers.
When should an MSP plug-in be used?
MSP should be used if you send your customers trading signals from more than one signal provider (or master MT4 account). Even if you have one master account, but you trade with multiple currency pairs, you can split them among several MT4 accounts and offer each of the pair as an individual signal provider. The customer will get more choices and it will boost your sales.
Why is this plug-in needed?
If you run a Forex Signal business and want to give your customers a wide range of signal providers, then MSP plug-in is exactly what you need.
How does this plug-in benefit your customers?
Your customers would love this plug-in’s feature of choosing from different signal providers and options like individual money management and other settings for each provider. This plug-in lets your customer easily go through the list of trades made by each provider and also know the trading performance of a provider they wish to follow.