Traders’ Guide ZuluTrade Social Trading

Of all the partnership schemes that we have looked at over the years, ZuluTrade’s has the advantage of being incredibly well integrated into the platform as a whole. Additionally, ZuluTrade has dedicated technical support designed to help you through the set-up process. Integration with the MT4 trading platforms comes as standard and requires very little tweaking or adjustments to get yourself up and running. The MT4 trading platform has firmly established itself as the platform of choice for hundreds of thousands of traders across the world.

• ZuluTrade isn’t a Broker, but an extension of Social trading read about ZuluTrade on Wikipedia, check ZuluTrade’s Official Website.
• Once you submit your application online, you will get your Trader username, useful information and an ‘Account Activation’ link over email.
• As with any type of trading, there is always the chance of losses but as our Zulutrade review shows, they provide you with an excellent number of tools to set yourself up for success.
• Generally speaking, we were quite impressed with the fee structures that ZuluTrade has in place.

CFD trading can often be an incredibly volatile market to trade, although by copying the trading strategies of experienced traders, you can reduce the uncertainty that you might otherwise have. If you would prefer to trade using Metatrader 4 then this is also an option available to you. Here you will have all the benefits of one of the most known and trusted trading platforms in the industry including more than 80 charting tools, and a very robust set up. Every action you take within your MT4 platform can be directly copied into the Zulutrade+ platform with ease.

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One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. ZuluTrade is one of the best social wealth management platforms in the industry.

• As ZuluTrade is not a broker itself, you will not be charged any direct fees for any trades you make using the platform.
• As one of the fastest-growing financial markets, there has been a significant amount of interest in cryptocurrency trading over the last year.
• Here you can get some great starting spreads from 0.0 pips and very low slippage risk among other features.
• ZuluTrade was founded in 2007, therefore it’s been on the market for many years with hundreds of employees in their offices all over the world, and with many partnerships with other important players of the financial markets.
• ZuluTrade’s profit-sharing plan is essentially a compensation model signed between ZuluTrade, investors into the platform, and traders.

Finvasia has been working to increase its reach in Europe, North America and Middle-East in various ways in order to create a complete ecosystem for retail and institutional investors. Generally speaking, we were quite impressed with the fee structures that ZuluTrade has in place. ZuluTrade is very transparent about its pricing structure, which makes it easy to figure out in advance how much it will cost you to use the platform.

Copy Trading Review

As such we may earn a commision when you make a purchase after following a link from our website. ZuluTrade has responded to this area of growing consumer demand, and we are happy to report that it provides full support for cryptocurrency trading. This includes CFDs on a range of cryptocurrencies, including BTC, ETH, LTC, BCH and XRP, among others. To become a ZuluTrade trader you must access the Traders Program, fill the registration form provided, and submit your application. From there, ZuluTrade will provide you with the trader username and a link which is needed to activate the account.

Financial services regulations in the EU are very stringent, and these are some of the leading regulators in the world. If you opt to take part in the classic scheme rather than the profit-sharing scheme, this will come with a different set of fees and charges. You will pay a set fee on every trade you make rather than paying a percentage based on your total trading profits. As ZuluTrade is not a broker itself, you will not be charged any direct fees for any trades you make using the platform.

How do I become a trader for ZuluTrade?

ZuluGuard works as a protective feature for your account similar to that of a stop loss. As an investor, you can set a maximum amount of loss you can accept when following a trader. If this amount is reached, the ZuluGuard feature will automatically stop following that trader for you. There are several unique features that we have found through this Zulutrade review which you will also encounter during your time using the service. Furthermore, you will have good insight from this easy to use platform as to whether the traders are using EAs, which broker they are trading with, and when they joined Zulutrade.

Customer Orientation

We do not present any investment advice or guarantees for the accuracy and reliability of the information. These include PayPal, bank wire transfers, credit and debit cards, and e-wallets. It should be noted, however, that the availability of a certain payment method may depend on the broker you have chosen to partner with. Although obviously not developed by ZuluTrade, you will ultimately be linking your own MT4 account with your ZuluTrade account, so it is worth bearing in mind their compatibility. Thankfully, we can report that both the MT4 and ZuluTrade platforms are fully integrated and work seamlessly with each other.

While these are obviously not an indicator of what kind of success you can expect to have, they are nevertheless useful in helping you to make an informed decision about using the platform. Particularly for beginners just getting started copy trading for the first time, this is a great way of visualising the data. The success though, depends on you learning to invest and manage your funds correctly as much as any other factors. As with any type of trading, there is always the chance of losses but as our Zulutrade review shows, they provide you with an excellent number of tools to set yourself up for success. When it comes to both social, and copy trading, you can expect some of the very best from Zulutrade.

It is the preferred platform for its usability and customisability, which can be adapted to the needs of traders of all skill and experience levels. Perhaps what we appreciated the most about the support that ZuluTrade has for social and copy trading is how upfront it is about what kinds of gains you can expect to make on your investment account. ZuluTrade has a dedicated copy trading statistics section of the website that gives you a full rundown of the kinds of returns you can expect to make on your investment with its social trading statistics.

In fact, despite being one of the older players in the market, ZuluTrade has continued to develop technological innovations that make online trading more accessible than ever.

Through the years, ZuluTrade has been on the forefront of innovation offering unique features and tools to its community. ZuluTrade is the only platform that is truly Open and broker-agnostic – allowing Traders and Investors from any Brokerage firm to connect and interact. We find it a very convenient platform for both professionals and beginners alike. The stock market is notoriously volatile, and for newer traders getting started for the first time, this can prove a significant barrier to entry. With ZuluTrade’s social trading features, however, you are given the opportunity to learn the tips, tricks and strategies of experienced day traders.

However, to avail the services that ZuluTrade provides, you will be charged a fee. No “safe” trading system has ever been devised, and no one can guarantee profits or freedom from loss. Within this data forex broker reviews you will find the traders Zulurank, performance charts, their trading history, and a lot more information to keep you informed and making the best choices when choosing a trader to follow or copy.

You may open up to 10 Demo accounts and a rolling expiration policy of 15 days applies to all Demo account and you can also try out the ZuluTrade account features. In fact, you can try out a demo of every feature that are available without ever connecting it to your broker. There are several account types that you will have to select from when you are trading through Zulutrade. This works as a form of stop-loss that can limit your losses when following and copying a particular trader while the ZuluRank algorithm works to rank the quality of traders on offer using a range of metrics. With that being said, FxView is the best broker choice to use here since it is owned by the same group of companies. Here you can get some great starting spreads from 0.0 pips and very low slippage risk among other features.