ZuluTrade review 2023 ++ Reliable platform or not? Test
ZuluTrade operate a completely free service for those who wish to copy trading signals from their platform. They also have a relationship with more than 50 major forex brokers worldwide. This allows them to integrate the offer of copy trading within many broker operations. In my opinion, ZuluTrade is one of the better forex signal services. There are many trades across the world who you can copy trades from.
Leaders on ZuluTrade can earn a lot more than signal providers on eToro through the volume-based compensation model and can serve in countries where eToro is not licensed to provide service. So, you can utilize Watchlist to manage your potential candidates. This will also allow you to monitor an individual for a while before copying. Precisely, Leaders earn 0.5 pips for each closed trade executed by a Real Investor account depending on the investor’s account setting.
- Investors will locate Social Charts, Trade Walls, Forex Tools, Calendars, Automator, ZuluGuard System, and User Lists.
- The minimum deposit for Zulutrade is $500 and the maximum is $25,000.
- As an investor, what I like the most is they provide detailed statistics about each trader on the platform which is quite helpful in deciding which trader to follow.
- Offering the perfect combination of brokerage connectivity and social networking, ZuluTrade is definitely one of the best social trading platforms out there.
ZuluTrade ranks these traders based on their returns and risk in a very easy to interpret table which you can sort based on your preferred filters. Other traders (investors) can select who to copy from these experienced traders accounts. The concept of the brand is to offer an environment where global traders are able to connect any trading platform and share knowledge and ideas to get better trades. The vision of ZuluTrade is to become the world’s biggest social trading community worldwide that offers its clients customer-focused investment solutions for the best trading experience.
What Is Our Opinion On ZuluTrade?
ZuluTrade gives you the freedom to choose and offers you more options in trading with your own rules. We recommend this platform because of its reliability, uniqueness, and excellence. ZuluTrade is a popular online copy trading platform for traders and investors around the globe. They integrate with 70+ brokers, are regulated and offer a range of useful tools for a simple social trading experience.
The platform also provides advanced analytics and trading tools that help users identify opportunities in the markets. Users can access real-time data, charting tools, economic calendars and more. Zulutrade also provides detailed reporting so that followers can track their performance. If you have any technical issues or account requests, such as to change leverage, simply head over to the ZuluTrade homepage.
- In 2014 following a complete redesign with many new features and hundreds of employees, they were growing at a great pace.
- You quite often get traders that have a lot of success (very high profits) very quickly but they don’t last long.
- Before using real funds, we highly recommend first getting a demo account to make yourself comfortable with the platform.
I can replace them anytime, which keeps my portfolio and results dynamically positive. Zulutrade offers a variety of deposit and withdrawal options. Users can make deposits using credit/debit cards, wire transfers, and e-wallets such as Skrill and Neteller. ZuluTrade Social—the social element of the platform—allows you to view the actions of other traders, which can be an invaluable tool while trying to decide which trader(s) to follow.
Company Details
This would ensure maximizing the profits and minimizing the losses. The next step is a crucial one and will determine your success in copy trading. You have to go to the Trader’s tab and choose a trader for copying. You can browse through the list of top traders and even use the advanced filter mode to only see the traders that meet your requirements in terms of investment levels and risk profile. You can also see the track record of their past performance and the number of followers they have.
Ranking system of traders can be found there which is just awesome because one can find out more trustable traders in this section. There’s is also a forum where user can ask anything or share his opinion there. ZuluTrade, the first Copy Trading platform in the world, was established in 2007 in Virginia. Today it is one of the most innovative copy trading tools in the world.
CFD Trading Details
You should receive a verification email on the email address you registered. All you need is to click on the verification link, then your demo account will be automatically activated. You can search through the trading strategies on the ZuluTrade platform and choose those that you wish to copy with your chosen capital and level of risk. I like how they give you the ability to copy multiple trading strategies at the same time, creating your own unique portfolio.
Trading Hours
They can be contacted through this live chat service on the broker’s website, email, or a selection of 8 different phone numbers depending on your location around the world. These include numbers in the UK, Russia, Spain, Greece, Mexico, Colombia, Japan, and Australia. You can also engage in some degree of social trading by visiting the profiles of other traders, rating them, and leaving comments.
Some brokers may charge a commission on each trade, while others may charge a spread, which is the difference between the bid and ask price of a currency pair. It’s important for users to carefully research and compare the trading fees and features of different brokers before choosing one to use with ZuluTrade. By doing so, they can ensure that they are getting the best possible value for their investment and can minimize the impact of fees on their trading profits.
How can i choose a perfect trader with a perfect trading system?
You can often deposit funds using bank wire, credit card, and debit card, and sometimes even with cryptocurrency. However, you need to check the deposit options for the CFD broker you are using before you deposit money. I have tested various social trading platforms (and continue to test new ones all the time). I have put together the best ones that are working right now in an email newsletter. Head to the homepage here to add your email address and get the details sent to you.
ZuluTrade Review – ZuluGuard
To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading forex broker reviews fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process.