EA Crafter's Bot Licensing: Protect and Monetize Your Trading Systems
Created a profitable trading bot? EA Crafter's licensing system helps you protect your intellectual property and monetize your work by distributing licensed versions to other traders.
Why License Your Bots?
If you've developed a successful trading strategy, you have valuable intellectual property. Licensing allows you to:
- Generate passive income from your trading knowledge
- Protect your code from unauthorized distribution
- Control who uses your bot and on which accounts
- Set expiration dates for subscription-based access
- Limit usage to specific brokers or account numbers
How EA Crafter Licensing Works
The License Key System
Each license you generate includes:
- Unique encrypted license key
- Allowed account numbers
- Expiration date (optional)
- Broker restrictions (optional)
- Maximum concurrent accounts
// License validation happens automatically
// Users must enter their license key in EA settings
input string LicenseKey = ""; // Your License Key
Creating a License
- Navigate to your bot in the dashboard
- Click "Licensing" tab
- Click "Generate New License"
- Configure license parameters
- Share the key with your customer
License Configuration Options
Account Restrictions
Specify exactly which trading accounts can use the bot:
Allowed Accounts: 12345678, 87654321
The EA will only function on these specific account numbers.
Broker Prefixes
Restrict to specific brokers:
Allowed Brokers: ICM, Pepperstone, FTMO
Useful for ensuring compatibility or limiting distribution.
Expiration Dates
Set time-limited licenses:
- Monthly subscriptions - Renew each month
- Annual licenses - Yearly access
- Lifetime - No expiration
Account Limits
Control how many accounts can use one license:
- Single account - Most restrictive
- Multiple accounts - For traders with several accounts
- Unlimited - For enterprise customers
The License Validation Flow
When your bot runs, it automatically:
- Reads the license key from user input
- Validates against your license database
- Checks account number matches
- Verifies broker compatibility
- Confirms license hasn't expired
- Enables trading if all checks pass
// Simplified validation logic
bool ValidateLicense(string key) {
if(!IsKeyValid(key)) return false;
if(!IsAccountAllowed(AccountNumber())) return false;
if(!IsBrokerAllowed(AccountCompany())) return false;
if(IsExpired(key)) return false;
return true;
}
Managing Your Licenses
Dashboard Overview
View all active licenses:
- License key (partial)
- Creation date
- Expiration status
- Allowed accounts
- Active/Inactive status
Revoking Licenses
If needed, you can revoke a license immediately:
- Customer refund situations
- Suspicious activity
- License transfer requests
License Notes
Keep track of customer information:
- Customer name
- Purchase date
- Special arrangements
- Support history
Best Practices for Sellers
Clear Terms of Service
- Define what the license includes
- Specify support expectations
- Outline refund policies
Reasonable Restrictions
- Don't over-restrict brokers
- Allow reasonable account limits
- Consider demo account access
Customer Communication
- Provide clear activation instructions
- Respond promptly to license issues
- Send renewal reminders
Pricing Strategies
- Monthly for testing/new customers
- Annual for committed traders
- Lifetime for premium pricing
Security Considerations
EA Crafter's licensing is designed to be:
- Tamper-resistant - Keys are cryptographically signed
- Server-validated - Optional online verification
- Obfuscated - License code is protected
However, remember that no protection is 100% foolproof. Focus on providing value and good customer service alongside technical protection.
Getting Started
- Create your bot with EA Crafter
- Navigate to the Licensing tab
- Generate your first license
- Distribute to your customer
- Monitor usage in your dashboard
Turn your trading expertise into a business with EA Crafter's licensing system.