How Does It Work Technically ?

How Does It Work Financially ?

Step 1 : Open a New Forex Account

• Open a new trading account in our approved regional brokerage firm. We recommend you to have separate account to run EA.

• Complete the registration process and verify your account.

• Fund your trading account with the required capital.

Step 2 : Purchase the EA Software

• Select the EA software package that fits your trading strategy.

• Complete the checkout process on our website.

• Receive your EA license and installation files via email.

Step 3 : Set Up a VPS (Virtual Private Server)

• Subscribe to a VPS service to ensure 24/7 uninterrupted trading.

• Choose a VPS provider with low latency and stable performance.

• Install your trading platform MT5 on the VPS.

Step 4 : Set Up the EA

• Install the EA software on your trading platform.

• Link the EA to your trading account and activate it.

• Configure the EA settings according to your risk tolerance.

Step 5 : Run the EA and Withdraw Profits

• Let the EA execute trades automatically based on the predefined strategy.

• Monitor your account performance and adjust settings if necessary.

• Withdraw your profits from your broker whenever you wish. We will subtract the performance fee automatically. Read the explanation below to have more understanding!

Step 1 : Deposit your Money as your Balance

• Ensure that you deposit an amount that meets the minimum deposit requirements of your EA

• Different brokers offer different deposit methods, including bank transfers, credit/debit cards, and e-wallets

Step 2 : Pay your EA subscription

• Subscribe EA in our website. The longer the subscription, the cheaper the price

• The subscription cost you paid is applicable for one license or one account

• There is no refund after the purchase

Step 3 : Pay your VPS service

• VPS service is not included in our EA package. Therefore, you need to subscribe and pay the VPS service from other company

• VPS service can cost from $ 17/month up to more than $100/month, depends on its capacity. However, the pricing of VPS does not guarantee its performance. You can start small and cheap

Step 4 : Pay your Performance Fee

• Some of our EA have performance fee to be charged by our approved regional brokerage firm. Not all EA have this scheme.

• Client who purchase EA with profit sharing scheme will be charged 20% of the profit. This performance fee is applicable to show that xtradingidea.com, as EA provider, want to see user/trader being profitable

• If no profit is made, you don’t pay anything

• The process of this payment will be done automatically, cut directly from your account, so you do not need to worry

Step 5 : Withdraw your Money

• We recommend you to follow the lock up period based on your subscription package to withdraw your money

• However, if you want to withdraw your money before the end of month, the EA will check if your account get profit from EA. We will then subtract the performance fee directly.