Forex

Expert Advisors Reviews

Forex EAs and indicators account for 90% of Metatrader Market sales

Metaquotes, the company behind MT4 and MT5 trading platforms, today revealed some statistics of the MetaTrader Market. The app store has a modest turnover of $522 000 since its launch in 2012, almost 70% of which have been made by the top 10 providers . Not surprisingly, expert advisors and custom indicators account for over 90% of the sales. 

 

Bellow is the official announcement and infographic:

 

A few weeks ago we published the infographic on Freelance service. We also promised to reveal some statistics of the MetaTrader Market. Now, we invite you to examine the data we have gathered. 

MetaTrader Market was officially released in February 2012. The store of trading applications has come a long way since then. Initially the Market was introduced in MetaTrader 5. Then, the Market section was also launched for MetaTrader 4. The range of products has been expanded as well, from offering trading applications to provide also financial magazines and books.  

The evolution of the Market increased the sales turnover: by July 2014, about 6 300 products worth a total of more than $522,000 have been sold in the Market, while 520 sellers and 24 500 buyers have already passed through the application store. This increase in sales has given rise to the emergence of the significant number of successful developers making $10,000 or more per month. Check the Market infographic below for more interesting statistical data on the Market service results.

 

 

TAGS: metatrader market  ea  forex ea  forex ea sales  metatrader 
Broker Country Regulation Platform Min Deposit Review
Cyprus CySec MT4, MT5, Web $5 Review Website
Cyprus, Australia CySec, ASIC MT4, Web $100 Review Website
UK, Cyprus, Hong Kong FCA, CySEC, SFC MT4, Web,
PrimeTrader
$100 Review Website
UK, Australia, Singapore FCA, ASIC, MAS, BaFin MT4, Web,
ProRealTime,
2Dealer
$0 Review Website
UK, Australia FCA, ASIC MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus FCA, CySec MT4, MT5 $5 Review Website
UK, Cyprus FCA, CySEC MT4, MT5,
cTrader,
SuperTrader,
FxPro Markets
$100 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus CySec MT4, Web, Gwasy $100 Review Website
Belize IFSC MT4, MT5, Web $1 Review Website
Cyprus CySEC MT4, MT5,
cTrader
$300 Review Website
Seychelles FinaCom MT4 $10 Review Website
UK, Cyprus, Bulgaria FCA, CySec, FSC Web $150 Review Website

More Forex Expert Advisors Reviews

FX Mower Review - Is it scam or good forex system?

Jul 21 2017 13:25:30

 This will be a review of the FX Mower Expert Advisor. This system is interesting, especially given its recent results – it has achieved significant gains with having a negative pip balance. How is this done? Let’s see. Read more

Trading Dilemma: Manual vs Automated forex trading?

Jul 21 2017 09:48:41

Automation appears to be entering all areas of our lives – from home systems, which set the temperature for specific hours, driverless cars to even algorithms writing music.  In this article we will focus on trading automation, which is by no means a new concept. Read more

Grids, Martingale and Hedging explained

Jul 18 2017 12:22:31

This article will attempt to explain some of the most commonly used concepts in Expert Advisors. It’s worth mentioning, they can be used in manual trading as well, but their popularity has grown with the automated crowd. We will showcase some highly risky systems, which we do not recommend. Read more

Forex

FX Turbine Review - Is it scam or good forex system?

Jul 17 2017 14:49:22

 FX Turbine is an automated trading system, we would like to review. It may not be the best EA you will ever see, but its past performance swill serve an educational point. Read more

PastorPro Forex Trader Review - Is it scam or good forex system?

Jul 13 2017 14:41:21

We recently introduced you to a relatively new automated system, called the Forex Cyborg Robot. As we stated in its review, it is easy to feel like you have missed out on the majority of a system’s gains, unless you get on board early on. Read more

Forex Cyborg Robot Review - Is it scam or good forex system?

Jul 12 2017 17:50:04

 Have you ever seen the historical performance of an Expert Advisor and ever wanted to jump in right in the beginning? Some charts simply look too good to be true – one can get the feeling they have already missed the gains and the system will surely backfire at this point. Read more

Rocket EA Review - Is it scam or good forex system?

Jul 11 2017 14:28:19

 The Rocket EA, as developed by TulipFX, a company specialized in providing automated trading systems. Although it has only a year’s worth of trading behind its back, we will give it a review. Read more

Harmonics Trader Review - Is it scam of good forex system?

Jun 06 2017 09:52:41

 One of the rather interesting and new technical systems is the Harmonics Trader. It operates on the basis of the harmonics market theory, as the name suggests. The system has been running for a fairly short period of time, but a 3 years backtest is also available. Read more

Minute Profit EA Review - is it scam or good forex system?

Jun 05 2017 10:22:29

The relatively newly released Minute Profit EA has delivered enormous gains in the short time it has been running. This forex robot has earned more than 1200 % in about a month’s time. Read more

WallStreet 2.0 EA Review - Is it scam or reliable forex trading system?

May 16 2017 11:50:45

In this review we will showcase the wallstreet-forex.com automated trading system. You may have recently heard about them and be deliberating an investment. Be sure to read this review before making an informed decision. Read more

Forex