1. What is an MT4 EA Bot License?
The MT4 EA Bot License grants you the legal right to use a specific Expert Advisor (EA) on the MetaTrader 4 (MT4) trading platform. This license allows you to automate trading strategies, enhancing efficiency and precision in your trading activities.
2. How does the MT4 EA Bot License work?
The license provides you with access to the specific EA, allowing you to install and activate it on your MT4 platform. This enables automated trading based on predefined rules and strategies embedded in the EA.
3. Can I use the MT4 EA Bot License on multiple accounts?
The terms of the license is designed for use on unlimited trading accounts. We provide master licenses to use the EA on multiple accounts.
4. Is the MT4 EA Bot License a one-time purchase or a subscription?
All EA Bot Licenses are available as one-time purchases, while others may follow a subscription-based model with recurring payments. Check the specific terms of the license for details.
5. Are updates included in the MT4 EA Bot License?
The inclusion of updates depends on the licensing agreement. All licenses include lifetime updates.
6. Can I transfer my MT4 EA Bot License to another user or account?
In most cases, MT4 EA Bot Licenses are non-transferable. However if you have lost your EA license, contact us and we will re-issue you a new one at no cost.
7. Does the MT4 EA Bot License guarantee profitable trades?
No, the MT4 EA Bot License does not guarantee profitability. The success of trades depends on the effectiveness of the trading strategy embedded in the EA and market conditions. Past performance is not indicative of future results. The prop firm passer is a tool used to gain funding via prop firms.
8. What support is provided with the MT4 EA Bot License?
All licenses include customer support, documentation and resources to assist with installation and troubleshooting.
9. Can I customize the settings of the EA with the MT4 EA Bot License?
Depending on the specific EA, you may have the ability to customize certain settings. However, extensive customisation may require programming skills. Always refer to the documentation provided with the license.
10. How do I renew my MT4 EA Bot License if it has expired?
Renewal processes differ among providers. Some licenses may automatically renew, while others may require manual renewal. Unlimited licenses do not require renewal.
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