In May 2019, a business specializing in Telegram signal copying was established, enabling users to transfer forex signals from unlimited Telegram channels to their MT4 or MT5 trading accounts. As of now, the company has over 4,000 active customers globally and offers four plans, determined by the number of Metatrader accounts. The brand maintains a strong online presence, boasting 3,000 Facebook followers, 1,100 YouTube subscribers, 13,000 Telegram members, and an active community of 3,000 members.
Key features of the company include a unique telegram to MT4/MT5 copier, advanced backtest software, top ranking on Google for relevant keywords, and a frequent repeat purchase rate by over 30% of their customers. The company offers 24/5 live chat support managed by a support team outsourced in India, enhancing product value significantly.
Revenue is generated through the sale of software licenses, which are automatically delivered and activated upon purchase. This model is conducive to passive income, with organic and affiliate-derived traffic. Payment options include PayPal and Coinbase Commerce for cryptocurrency transactions.
Growth opportunities identified include implementing a free model through broker affiliations, social media and Google advertising, and expanding the affiliate network, which remains underutilized. The current owner is selling the business to focus on a new startup venture. Assets for sale encompass customer databases, domains, source code, hosting accounts, marketing materials, social media accounts, and other digital tools.