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  • Writer's pictureAbdul Manan

How to Get Started with the MT5 License System for Trading Bots on 4xPiP

What is the MT5 License System?

The MT5 License System is a software solution that allows you to protect your trading bots from unauthorized use. It does this by generating a unique license key for each bot, which must be entered in order to run the bot. This prevents anyone from copying or distributing your bot without your permission. All the licensed customers, account numbers, subscriptions, and expiry dates are managed on the server by the license system. It provides you with a web portal to manage your customers, their account numbers, and expiry dates and view active/expired customers. The web portal has a friendly user interface and is very easy to use.

The MT5 License System for trading is easy to use and can be integrated with most trading platforms. It also offers a variety of features, such as the ability to track the usage of your bots and to set up alerts if a bot is used unauthorized.


how-to-get-started-with-the-mt5-license-system-for-trading-bots-on-4xPiP
how-to-get-started-with-the-mt5-license-system-for-trading-bots-on-4xPiP

Why Use the MT5 License System?

There are several reasons why you might want to use the MT5 License System to protect your trading bots.

  • To protect your intellectual property: The MT5 License System prevents anyone from copying or distributing your bot without your permission. This is important if you have invested time and money in developing your bot.

  • To secure your trading operations: The MT5 License System prevents unauthorized users from accessing your trading accounts or making unauthorized trades. This can help to protect your profits and prevent losses.

  • To track the usage of your bots: The MT5 License System allows you to track the usage of your bots, so you can see how they are being used and identify any potential problems. This can help you to improve the performance of your bots.

  • To set up alerts: The MT5 License System allows you to set up alerts if a bot is used unauthorized or if there is any unusual activity. This can help you to take action quickly to protect your interests.

How to Create an Account on 4xPip:

To create an account on 4xPip, simply go to the 4xPip website and click on the "Create Account" button. Enter your email address and password and click on the "Create Account" button. Here are the steps on how to create an account on the 4xPip MT5 trading bot license system:

  • Go to the 4xPip website and click on the "Create Account" button.

  • Enter your email address and password.

  • Click on the "Create Account" button.

  • Once you have created an account, you will be taken to the 4xPip dashboard. From here, you can purchase a license for the MT5 License System, install the MT5 License System, and generate license keys for your trading bots.

Here are some additional things to keep in mind when creating an account on 4xPip:

Make sure to use a strong password that is unique to your 4xPip account.

Provide accurate information when creating your account, as this will be used to verify your identity.

Keep your account information safe and secure. Do not share your password with anyone.

How to Purchase a License for the MT5 License System:

Once you have created an account, you can purchase a license for the MT5 License System. Click on the "Products" tab and select the "MT5 License System" product. Click on the "Add to Cart" button and follow the instructions to purchase the license.

How it works:

  • Contact 4xPip and provide your MetaTrader EA/indicator to us

  • We shall integrate the license system and send your EA/indicator back to you

  • We shall provide you with a web portal to manage your customers, bots, subscriptions, account numbers, and their expiry dates.

  • You will be able to view total customers, their subscriptions, active customers, and expired customers.

  • You will be able to manage your customers very easily through simple steps

  • Contact us now to begin, let’s get started

How to Generate License Keys for Your Trading Bots:

Once you have installed the MT5 License System, you can generate license keys for your trading bots. To do this, open the MT5 License System and click on the "Generate License Keys" button. Enter the name of your bot and click on the "Generate License Key" button.

How to Set Up Alerts in the MT5 License System

The MT5 License System allows you to set up alerts if a bot is used unauthorized or if there is any unusual activity. To do this, open the MT5 License System and click on the "Alerts" tab. Enter the email address or phone number where you want to receive alerts and click on the "Save" button.


how-to-get-started-with-the-mt5-license-system-for-trading-bots-on-4xPiP
how-to-get-started-with-the-mt5-license-system-for-trading-bots-on-4xPiP

Conclusion:

The MT5 License System is a valuable tool that can help you protect your trading bots from unauthorized use. It is easy to use and can be integrated with most trading platforms. If you are developing or using trading bots, the MT5 License System is a valuable tool that can help you protect your intellectual property and ensure the security of your trading operations. You can charge your customers every month and manage their licenses in one place. You can license your multiple bots as well. You will be given a web portal to manage your customers, bots, subscriptions, and expiry dates, and view active/expired customers. You are receiving so many features at a very economical price. Contact us now to protect your MetaTrader EA from unauthorized access, let’s begin.

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