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Rank: Administration
Groups: Administration
Joined: 2/3/2009
Posts: 92
Points: 6
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PipCast helps recording and broadcasting signals of Forex and CFD trading. Using pipcast you can benefit the following facilities:
If you are a successful trader:
1- PipCast can keep an online copy of your trading commands in database. This copy is made automatically and you won't waste your energy on updating it.
2- An accurate statement is produced on the basis of above mentioned database.
3- If you like, you can broadcast your tardings as signals and receive a monthly wage.
If you still don't feel enough proficiency in trading:
1- Find an statement that best suits your needs.
2- subscribe to channels and get signals executed on your account automatically.
Using most of the facilities of this site are free unless the case that signal provider had requested a monthly fee for subscribing to his/her chanel.
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Rank: Administration
Groups: Administration
Joined: 2/3/2009
Posts: 92
Points: 6
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Special offer for IBs:
Signal providers can benefit the option of approving or rejecting a subscriber. This is useful for IBs who want to send signals only to their own clients.
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Rank: Administration
Groups: Administration
Joined: 2/3/2009
Posts: 92
Points: 6
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What is necessary for sending signals? You need to sign up to site and tune your channel in "My Trading Area" page. Then install and run PipCastTrader. From now on, all your trades are automatically copied to site. If you want to receive a wage for your trades, you need to have a WebMoney(R) account. For sending signals, you most probably need to keep your computer on and online all the times. But this depends on your style. If you are doing every thing manually and don't wait for SL or TP to be hit, you may turn your computer off when you don't trade. Turning your computer off will not close current open trades on site. Current trades are closed when they are closed in MetaTrader. For more in depth data visit this link.
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Rank: Administration
Groups: Administration
Joined: 2/3/2009
Posts: 92
Points: 6
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What is necessary for receiving signals? For receiving signals, you need to subscribe to channels in "Traders Club" page. If a channel is not free, then the payment is via WebMoney. After subscription, there are three ways for using signals: 1- An email alert is sent to you as soon as any new command is received. 2- Signals can be auto executed on your demo/real account using PipCastInvestor package. 3- Visit signals live in "Traders Club"\"My subscriptions-open trades" page. 4- Stopping receiving signals is also available by unchecking related check marks in "Traders Club"\"My subscriptions-open trades" page. But refund is not possible. For receiving signals you need to keep your computer online all the times. More details are available Here.
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Rank: Administration
Groups: Administration
Joined: 2/3/2009
Posts: 92
Points: 6
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Other facilities:
PipCast is designed scaleable. Adding new features to site is easily possible when necessary.
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Rank: Administration
Groups: Administration
Joined: 2/3/2009
Posts: 92
Points: 6
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Tariffs:
By default, using site and it's facilities for sending or receiving signals is free. If signals provider wants to charge a monthly fee, or wants to approve users before subscribing, then the following tariffs are applicable:
1- 20% of subscription fees (min 20$ for each person) is PipCast quota and the remaining will be passed to vendor's account.
2- If vendor wants to approve users before subscription, this minimum becomes 30$.
Fee of each subscriber is cleared with channel owner at the end of subscription.
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Rank: Administration
Groups: Administration
Joined: 2/3/2009
Posts: 92
Points: 6
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Checking Prices:
PipCast constatntly updates its internal database of prices from a demo account. When an instruction is received, Prices are checked with prices in database of PipCast and these prices are used for calculating profits.
During the trade, TP or SL levels and are constantly checked and trade will be closed if price price touches these levels.
If for any reason price for the traded symbol is not available, then prices came form vendor's terminal are used. In this case, SL and TP levels can not be checked.
In either case, price considered for opening and closing a trade is price at the time of instruction reaches the site. This means if for example you open a trade and then after an hour run PipCastTrader, price at the openning of PipCastTrader(one hourafter opening of trade) is used for registering your opne price.
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