Is MQL5 Signals safe to connect to an AI agent?
Can trade unattended. Safety 43%
What an AI agent can do
- Live vs paper: live only: copyable signals must come from real-money accounts (demo, contest and cent account signals are not allowed) source
- Order approval: copy MetaTrader signal providers inside MT4/MT5; subscriber sets the deposit share used, can copy SL/TP, and can set an equity floor that stops copying and closes positions source
- Markets: forex, CFDs (MetaTrader 4/5)
- Pricing: provider sets a monthly subscription fee for signals on real accounts (free signals also exist); MQL5 keeps 20%
Safeguards that exist
- Order approval or confirmation options: Only limits or read-only modes, no per-order approval source
- Withdrawal permission needed or allowed: Copying runs in the subscriber's own terminal; providers get no access to subscriber accounts or balances (official docs) source
- Scoped keys, permission scopes or IP whitelisting: Providers share an investor password, which gives read-only access and cannot place trades (official docs) source
Safeguards that are missing
Safety score
| Input | From our listing | Points |
|---|---|---|
| Can it place live orders unattended? | Can place live orders with no documented approval step | 0 / 25 |
| Order approval or confirmation options | Only limits or read-only modes, no per-order approval | 8 / 15 |
| Paper, demo or testnet mode | Signals can't be copied on demo accounts since MT5 build 4230 (official docs) source | 0 / 15 |
| Withdrawal permission needed or allowed | Copying runs in the subscriber's own terminal; providers get no access to subscriber accounts or balances (official docs) source | 15 / 15 |
| Scoped keys, permission scopes or IP whitelisting | Providers share an investor password, which gives read-only access and cannot place trades (official docs) source | 10 / 10 |
| Open source or audited | No public source code in our listing | 0 / 10 |
| Sourced and verified facts | Facts from the vendor's official docs | 10 / 10 |
| Total | 43% of the points we could check | 43 / 100 |
Sources
Full listing: MQL5 Signals ยท How the score works: Safety score method