Monic EA MT5

Yes. This is activated directly from the developer's official MQL5 marketplace listing—guaranteed authentic.

Unlike downloadable files (which can be fake or cracked), this EA is installed through MQL5's one-click activation system, ensuring you get the real product with full functionality and instant automatic updates.

When you buy from us, you're getting the exact same lifetime license as buying directly from MQL5—just at a fraction of the price.

Yes, product updates for this EA are always free and instant.

They can be downloaded from within the terminal from the marketplace.

Just go to the product listing and click "update" if there's one available.

Most activations are completed within 15-30 minutes of purchase.

Here's the simple process:

This is an official MQL5 product that must be activated directly from the marketplace—it cannot be downloaded as a standalone file.

Installation process:
1. After purchase, we'll schedule a quick activation session (usually within a few hours)

2. You grant us temporary access via UltraViewer or AnyDesk (takes ~2 minutes), OR provide temporary VPS credentials

3. We activate the EA on your MT5 terminal(s) 

4. Done! The EA is permanently yours with instant updates from MQL5

The entire process is secure and takes about 2 minutes.

After activation, no further involvement from us is needed.

If you change your mind before we activate the official product in your MT5 terminal, you are eligible for a full refund. Absolutely no questions asked.

Once it has been activated and is working correctly, refunds are no longer available and our regular 7-day refund policy does not apply.

Once we've activated it for you, we can't take it back and it's yours permanently.

Usually within a few hours of purchase, but often much faster.

Immediately after purchase, you'll receive an instructional PDF explaining the simple activation process.

Don't worry—it's straightforward, and our refund policy applies anytime before we activate the EA on your terminal.

Activations are tied to your hardware ID, not your MT5 installation.

Here's how it works:

Free reactivation if:
- You reinstall MT5 on the same computer
- You accidentally delete MT5
- Windows updates cause issues (this is rare)
- You reinstall Windows, although sometimes this doesn't work, we will always attempt it for you.

Reactivation NOT possible if:
- You get a new computer (different hardware)
- You upgrade major hardware components (motherboard, etc.)

Important: Treat your installation with care. If you're planning to reformat or upgrade hardware, contact us FIRST so we can assist you.

Once your hardware ID changes, we cannot recover the activation.

Contact [email protected] with your order number if you need help.

Buying directly on MQL5 means paying full price upfront—often $500-$1,500—without knowing if the EA will work for you. If it doesn't perform or the developer abandons it, there's no refund.

At CheaperForex, you get the exact same official, lifetime-licensed copy for up to 70% less. Test it at a lower risk before committing full price elsewhere.

We've been trusted since 2019, and every EA is yours forever—no renewals, no expiry, no surprises. Smarter investing in trading tools.