Zulutrade Binary Options Review What You Must Know About Zulutrade.com

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Free Trading Education!
    Free Demo Account!
    Perfect for Beginners!

  • Binomo
    Binomo

    2 place in the ranking!

Zulutrade Binary Options Review: What You Must Know About Zulutrade.com

Zulutrade Binary Options Review: Before you decide to signup with this signal provider, stop and think. Is Zulutrade Binary Options a scam or an accurate signal provider? Read and find out the result of our investigation.

HAVE YOU BEEN SCAMMED? If you have lost your money to online scammers, there is an opportunity you could get back your money.

Click HERE to start the recovery process

What is Zulutrade Binary Options?

zulutrade.com is the website of a Greek fintech company created by Leon Yohai in 2007. Since its creation, ZuluTrade has grown to have partnerships with over 60 global brokerages. Zulu Trade was initially created a Forex trading platform until recently when they introduced a platform for binary options trading. It is also a social trading platform where traders can give and receive feedback on their activities and that of other traders. Their aim is to create provision for both experienced and inexperienced traders to share their knowledge and user experiences.

What ZuluTrade Say They Offer

ZuluTrade claims to improve the trading skills of their clients by providing Forex experts to guide them. They offer a social ‘space’ where traders can share experiences. Furthermore, Zulutrade also offers the following:

  • Social network features
  • ZuluGuard which provides all round security.
  • Trade Wall
  • Lock Trade which allows traders to verify the execution of a trade after the signal has been received.
  • ZuluScript
  • Automator
  • Margin Call-o-Meter
  • Traders Combos which provides strategies created from the combinations of ZuluTrade’s best traders.
  • Demo account
  • Availability of apps suitable for iPhone, iPad, desktop widgets and windows phone.
  • Social Chart
  • User lists, Forex calendar and a wide variety of Forex tools.

Zulu Trade Minimum Initial Deposit

ZuluTrade requires low minimum deposit amount. Some brokers in partnership with ZuluTrade require a minimum deposit amount of $1, while others may require $300, £210, €250, 25,000 JPY or 300 AUD. Traders can pay via Paypal, ZuluTrader MasterCard and Bank wire transfer. Withdrawal fee and commission depends on the broker you use.

Is ZuluTrade Licensed?

Yes. zulutrade.com received an EU Portfolio Management License in 2020. The company is regulated by the Hellenic Capital Markets Commission (HCMC) under registration number 2/540/17-2-2020. In US, it is registered with the Commodity Futures Trading Commission (CFTC) and in Japan, Zulu Trade is registered with the Kanto Financial Bureau (KFB).

Contact

Aside from the provision of live chat, you can contact ZuluTrade via:

Phone: +30 213 0176 399 (Central Support Hotline).

Conclusion

This signal provider is not only legit but offers traders a wide variety of useful features that will ensure the success of any dedicated trader. However, one must not ignore the fact that Forex trading comes with a certain risk. We advise traders to be careful in every decision and seek advice from experts.

COMPARE WITH A TRUSTED BROKER

Fortrade

Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices, and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK well as ASIC in Australia which makes client funds safe. They accept traders worldwide.. visit their official website

ZuluTrade Review and Tutorial 2020

Zulutrade provide multiple automation and copy trading options across forex, indices, stocks, cryptocurrency and commodities markets

Traders in Russia welcome
ZuluTrade Facts & Figures
Instruments CFD, Forex, Crypto
Demo Account Yes
Min. Deposit $1 to $300 (Broker choice dependent)
Min. Trade $1
Regulated By HCMC
MT4 Integration Yes
Mobile Apps iOS and Android
Auto Trading Zulutrade are market leaders in automated trading. From scripts, to auto execution, APIs or copy trading.
Trade Signals Yes
Islamic Account Yes
CFD
FTSE Spread 1 pt var
GBPUSD Spread 0.8 pips var
Oil Spread 2.2 var
Stocks Spread
Forex
GBPUSD Spread 0.8 pips var
EURUSD Spread 0.6 pips var
EURGBP Spread 0.9 pips var
Assets 40+

ZuluTrade is an online social and copy trading platform. Essentially, it allows traders to copy the trades of experienced traders in the forex and financial markets to achieve a level of automated trading. However, the social element also enables traders to leave feedback and share ideas. Today it boasts around one million users and executes a trade volume in excess of $800 billion. This ZuluTrade review will break down how it works, covering costs, live accounts, user reviews, regulations, and more.

A Brief History

ZuluTrade was founded in 2007 by Leon Yohai and Kosta Eleftheriou. Leon Yohai wanted to build software that allowed him to copy the trades of the best traders. By 2009, the company has over 4,500 ‘expert’ traders (signal providers), and it was their portfolios who users could copy to make money.

By the time 2020 rolled around, ZuluTrade had re-designed their website, added a number of features, such as ZuluGuard, and had 120 employees, 40 of whom were in customer support. In May of that year, the company announced a partnership with SpotOption, to create a social trading platform for binary options.

2020 brought with it a success as the platform was awarded an EU Portfolio Management License from the European Union. The resulted in the company becoming both legitimate and respected in the trading world.

Minimum Initial Deposit

ZuluTrade has a relatively low minimum deposit requirement. Certain brokers available with ZuluTrade require a minimum deposit of just $1, others may require $300, £210, €250, 25,000 JPY or 300 AUD.

You can sign up for their demo simulation account, however, for free. You will find more details about their practice account further below.

Spreads & Commissions

A commission is charged per trade by the brokers, in addition to the normal spread, for linking your account to ZuluTrade. This can be as low as 0 with ZuluTrade’s own broker, AAAFx, whose headquarters are in Greece, and up to three pips elsewhere.

The spread (the difference between the buy and sell price) will vary between brokers. The currency pair and time of the day can also influence the spread. For example, brokers often widen spreads during periods of high volatility.

Leverage

Most people are aware leverage can be used to increase potential earnings. However, before you download an account, you should also note trading on leverage can amplify losses and open you up to margin calls.

Normally, the higher the leverage, such as 1:1000, the lower the used margin, which usually means an increase in the free margin and margin level. However, this can lead to overtrading and with a high drawdown, your account may hit a stop out level.

So, to avoid risk, it’s often recommended to use 1:100 leverage.

Other Trading Fees

Before you sign up and log in to ZuluTrade, you should also be aware of any additional costs. For example, you can be charged an overnight rollover/swap fee. The amount will depend on the currency pair you are trading. Although these costs can cut into profits over a considerable time period, intraday traders shouldn’t usually encounter these fees.

Aside from that, there aren’t any other additional costs. ZuluTrade has explained on their website that the traders you copy are paid directly by ZuluTrade, as part of the commission.

It’s also worth noting that if you head over to their website, every now and then you may find deposits bonuses and promotions.

Trading Platform

How It Works

The ZuluTrade trading platform currently provides trading for stocks, forex, binary options, commodities, such as oil, and indices, such as the NASDAQ. The platform then allows you to clone the strategies of top traders.

For those wondering how it works, the user base is essentially split into two categories:

  • Signal providers – These are normally traders who are willing to share and be copied by their followers. Their compensation fees are determined by the success of their strategies.
  • Followers – These users can copy the strategies of the signal providers. As a follower, you can also copy strategies of the portfolios created by other followers.

Features

Once you have your Classic login account details, you can then start using a number of useful features, including:

  • Lock Trade – This allows you to verify the execution of a trade after the signal has been received.
  • Automator – 2020 saw the introduction of ‘The Automator’. This notifies you by email or automatically executes actions when events occur. This function acts on rules that you add. For example, if profit and loss from Trader X is more than $1,500, then lock current profit. This can all help you minimise risk and free up time.
  • Social network features – These include forums and comment sections. Here you can review signal providers, offer advice and ask questions.
  • Margin Call-o-Meter – This estimates the chance your account will run out of money, for example, if you get a margin call. This helps you establish how much of your capital you are actually risking. However, this is just an indicator and should not replace an effective money management system.
  • ZuluScript – This enables you to create scripts that form the parameters for trading bots. These are also commonly known as expert advisors (EA). This gives you trade automation, allowing you to execute far more trades than you ever could manually.
  • Cryptocurrencies – Recently added to the portfolio, traders can now take a view on whether cryptos are the next big thing, or a bubble.
  • ZuluGuard – A unique feature that protects Copy Traders if erratic trades are opened by traders they are following. An excellent risk management addition.
  • Calendar – An easy to access summary of all key events for the financial markets around the globe.

In addition, if you’re concerned about how to choose a signal provider on ZuluTrade, you can use the ZuluRank calculation. This proprietary algorithm ranks traders by a number of different factors, including:

  • Sharp ratio
  • Low drawdowns, High profits
  • Age of signal provider
  • Amount of trade activity
  • Frequency that trader logs in
  • Length of time trade stays open

ZuluTrade To MetaTrader

It is possible to link an external live or demo MetaTrader 4 (MT4) platform to a trader account. So, for those asking does ZuluTrade work with MetaTrader accounts? The answer is yes.

ZuluTrade vs Competitors

What does ZuluTrade offer vs eToro, Mirror Trader, NinjaTrader and other systems? You can easily view rankings of investor performance. The simulator also shows the overall profit.

In addition, you can set up email notifications for when margin calls occur. You can even download an Excel spreadsheet of all simulated trades.

Perhaps it is the sheer number of traders you can copy that sets ZuluTrade apart. You have access to over 10,000 traders from 192 countries. You can then use ZuluTrade’s advanced search engine to hone in on the best. For example, you can choose to see only those who have traded their own money, had a maximum drawdown of 20%, and have traded for at least a year.

Many users also like to copy more than one trader. So, you can utilise UserLists to manage your potential candidates. This will also allow you to monitor an individual for a while before copying. In addition, you can share lists amongst users.

After you have found a trader you wish to follow, you can assign a specific amount you want to trade per signal you copy. Alternatively, there is a ‘Pro rata %’ option. For example, 20% would mean if the trader opened 1 lot, 0.2 lots would be opened in your account. On top of that, you can set a ‘Max Open Position’ for a particular trader.

You can review your account performance at any time. Daily and weekly summary reports will be sent via email. You will also receive email notifications when the behaviour of one of your signal providers changes. In addition, you can review trade performance by provider and time frame. This should help you establish who has been generating gains and losses in your account.

Mobile Apps

ZuluTrade also provides Android and iPhone trading apps. Those with Windows mobiles and tablets can also download their trading apps. Once in the application, you can view your performance, review new traders to copy, plus close trades manually. In addition, select go ‘real-time’ and you can manage your risk settings.

Overall, the ZuluTrade applications and mobile site effectively compliment the desktop-based platform. Plus, functionality has continuously improved with each update.

Methods of Payment

Money funding and withdrawal methods will vary based on the broker the trader uses, but include:

  • PayPal
  • Bank wire transfer
  • ZuluTrade Mastercard

Testimonials and reviews of ZuluTrade have been quick to highlight payment commissions and withdrawal fees, but again, these will vary based on which broker is used.

ZuluTrade Accounts

When choosing to open a live account, you will have to decide between two straightforward options. These are:

  • Classic – This is recommended for advanced users. You will benefit from manual or fully customised copy-trading, plus standard volume-based commissions. However, be sure you are sufficiently experienced before you open a signal provider account.
  • Profit sharing – This option is recommended for beginners as you get to learn by copying others. Traders will be compensated when you profit and penalised when they lose. You also benefit from reduced commissions.

Note both options give you access to charts, data, alerts, and forex signals. Both also allow for straightforward account maintenance. Head over to ‘my account’ and you will get access to all the basic functions, from reviewing performance rankings to the ‘delete account’ button.

Once you have decided on your account you will then need to choose between supported brokers. Details of which can be found further below.

Demo Account

ZuluTrade offers a free fully functioning demo account. Simply head over to their website and select the demo option. You will then need to enter the following basic information:

  • Name
  • Email
  • Phone number
  • Location
  • Leverage
  • Base currency
  • Virtual account balance

Once you have your demo login details, you will be able to conduct in-depth analysis and follow trading gurus. You can also use their social features to find the best settings, brokers, plus tips and tricks.

Overall, the demo account signal provider is easy-to-use and replicates many of the features you will get, should you choose to upgrade to a live account.

How To Become A Signal Provider

Many reviews highlight that educational sources focus on forex trading videos and broker comparisons while leaving out guidance on how to become a signal provider. Yet some of the best ZuluTrade success stories are from those who have in effect sold the rights to their trading strategies.

This is because you get 0.5 pips per lot traded by someone following you with a real money account. ZuluTrade reports the weighted average is around $4 per trade per standard lot. So, if you can accumulate over a hundred followers, that can add up to fairly significant commissions.

So, what do you have to do? Firstly, you will have to meet the following criteria:

  • Maintain a maximum historic drawdown of less than 30%
  • Average pips per trade must be more than 3 pips
  • Trade on ZuluTrade for at least 12 weeks

Obviously, you can’t maintain a negative balance, but what else would a good trader guide recommend you do to get a sizeable amount following you?

  • Upload a professional, friendly default photo. The right photo icon will help build trust.
  • Be clear and concise when you explain your strategy. For example, suggesting how many lots a follower should invest and how you plan to offset any potential pitfalls.
  • Trade with a real money account. This is because people will trust your decision making more if they know you are risking real capital too.
  • Make sure you meet any criteria, whether it’s necessary minimum equity or win ratio. Meeting the EU criteria above is particularly important if you want to appeal to the European market.
  • Due to inevitable broker slippage, you may want to avoid scalping strategies.
  • Also, trading during news announcements can lead to substantially different results between yours and your follower’s accounts. This is because some brokers will widen spreads during news events.
  • If the website goes down, or people have questions about your strategy on a Mac, your score on the risk meter bar, or anything else, try to respond swiftly. Communication is key to building trust.
  • Try practising with a ZuluTrade demo account first. This will give you an idea as to how other experienced signal providers trade and communicate with their followers.

Additional Features

Forums and blogs are quick to highlight that there are a number of attractive additional features you get with ZuluTrade. These include:

  • Pip calculator
  • Profit calculator
  • Margin calculator
  • Currency calculators
  • Economic calendar
  • Access to news

On top of that, there are also training videos, tutorials, user guides, and PDFs that should be able to help you with any problems. Through their Followers Academy, they also offer advice on how to choose from their long list of supported brokers.

Safety & Security

ZuluGuard is often highlighted as a particularly well-liked feature in review forums. It is an effective account protection feature. It works by monitoring each trader’s behaviour and removing a user when a draconian strategy is detected. This should help keep your income safe from erratic traders.

Also, note you can manually set the ZuluGuard protection by looking at the Advanced Mode in the Settings section of your account.

Regulation & License

The ZuluTrade trader program is now regulated. As a copy trading solution for brokers in the EU, ZuluTrade has obtained a Triple-A Experts SA license from Greece’s Hellenic Capital Market Commission (HCMC).

Unfortunately, this does not automatically mean you will now be able to receive huge millionaire payouts without any risks. It simply means according to ZuluTrade, that their platform fully complies with EU framework for auto trading service providers. As such, brokers do not require additional regulation themselves to offer the platform to their clients.

Benefits

ZuluTrade signal provider reviews are particularly impressed with a number of features found on the platform. These include:

  • The totally free and fully functioning demo account. This is perfect for beginners looking to get familiar with the markets.
  • A huge number of traders to follow and copy. This could result in greater signal provider earnings.
  • There is a wide choice of brokers from a long list of different countries. See below for more details.
  • Some social trading networks only give you access to the last 50 or 100 traders. However, all historical trades are made available at ZuluTrade. This ensures total transparency.
  • ZuluTrade offers relatively low on-going fees. You only have to pay for the spread. In addition, there are no entry costs and minimum deposits start at just a few hundred dollars.
  • Reviews from forex trading show users are impressed with the wide range of performance indicators and graphs provided to help evaluate signal providers.
  • Users of ZuluTrade can also comment directly on signal provider profile pages. This helps to hold traders to account and creates a relatively effective review process.
  • On top of forex, users also have access to Cryptocurrencies.
  • You can benefit from reliable and easy-to-use mobile apps.
  • December 2020 saw ZuluTrader make changes to increase investor protection to stay in line with EU legislation. EU residents can now only view the top 1,000 traders who comply with stringent criteria, demonstrating consistent and reliable performance. The result of this is that all traders now aim to adhere to these rules.

Drawbacks

Despite many of the benefits highlighted in Zulutrade.com reviews, there are also certain downsides and risks to consider. These include:

  • For each successful signal provider, there is also a whole load of inconsistent traders.
  • Signal providers are not required to use their own capital. Therefore, you may be risking your capital copying the trades of an individual using simulated funds from a demo account.
  • Signal providers are not formally vetted. The ZuluGuard feature does mitigate this risk however, removing traders and/or withholding fees where appropriate.
  • Employing an effective money management system can be difficult for beginners. It is also particularly challenging for those not focussed on forex, such as gold, CFD, and cryptocurrency (bitcoin) traders.
  • A significant amount of monitoring is required to select an effective mix of traders.

To conclude, you shouldn’t necessarily run to ZuluTrade alternatives because of the downsides listed above. These are problems with most similar sites. As long as you are aware of the risks and willing to put in the time, you may still make attractive gains.

Trading Hours

Trading should not be performed outside of ZuluTrade’s market hours. The market opens at Sunday 22:00 UTC and closes Friday 22:00 UTC. During Eastern time daylight saving, the market will open on Sunday at 21:00 UTC and close Friday 21:00 UTC.

Note trading hours are close to competitors and similar sites.

Contact & Customer Support

If you have any technical issues or account requests, such as to change leverage, simply head over to the ZuluTrade homepage. From there you can find live chat is available 24 hours a day. This is the most popular method of contact for ZuluTrade users at present.

On top of that, there is email and phone support to 10 countries, plus a 24-hour hotline. You can also go about using the ZuluTrade website to submit feedback via an online form or by selecting ‘contact us’. The website is available in all of the following languages:

In fact, their long-term commitment to reliable customer support was recognised with a BrokerNotes triple AAA support rating.

ZuluTrade Verdict

Overall, the ZuluTrade.com offering is attractive to traders of all experience levels. The ever-growing number of users alone demonstrates that. Yet despite being user-friendly, the service does work best if you opt for the company’s own brokerage, AAAFx.

In addition, staying profitable isn’t always straightforward. You need to be aware revenue can disappear just as quickly as it appears in your account. So, having an effective strategy and money management system in place is essential.

Accepted Countries

ZuluTrade accepts traders from Australia, Thailand, Canada, United States, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

ZuluTrade Review

Review

ZuluTrade, a Greek fintech company, was founded in 2007 and has grown into one of the dominant players in the social trading sub-sector of the Forex market. The Daily Telegraph named the firm to its Start-Up 100 list in 2020. The company grew to over 120 employees by 2020, expanded into Japan the following year with the acquisition of regulated investment advisor Market Crew Investment Advisor LTD. In 2020 it became a licensed portfolio management company in the EU. ZuluTrade was acquired by Chinese based Formax Group for over $12.4 million, together with Dayo and AAAFX.com, the Greek brokerage owned by ZuluTrade. The company has partnerships with over 64 global brokerages and continues to expand globally. This ZuluTrade review will focus on the social trading offerings of the company, not its brokerage arm.

Regulation and Security

ZuluTrade received an EU Portfolio Management License in 2020. The company then created its own brokerage, Triple-A Experts Investment Services SA, which provides services to EU-based traders, and EU headquartered brokers. The company is regulated by the Hellenic Capital Markets Commission (HCMC) under registration number 2/540/17-2-2020. Its Japanese subsidiary is registered with the Kanto Financial Bureau (KFB) as an investment advisor. In the US, it is registered with the Commodity Futures Trading Commission (CFTC) as an IB and a commodity trading advisor. In 2020, the CFTC fined ZuluTrade $150,000, and the firm had to disgorge $80,000 in commissions and fees for failure to comply with the US Department of the Treasury’s Office of Foreign Assets Control’s (OFAC) guidelines.

Since ZuluTrade partners with brokers to provide their services, spreads for the Classic Account differ dependent on the selected broker. The most competitive pricing environment is granted at AAAFX, the brokerage owned by ZuluTrade via Dayo. Within the Profit Sharing Account, traders are charged a monthly fee of $30 plus a 25% performance fee if the account was profitable and exceeded the benchmark, defined as the most significant profit achieved by the signal provider at the end of each month.

What Can I Trade

The asset selection at this social trading platform is entirely dependent on its signal providers. Given the vast partnerships with leading global brokers, traders may have the best overall exposure across sectors through ZuluTrade, including cryptocurrencies, while the Forex market represents the most massive portion of trading strategies.

ZuluTrade fully supports the cryptocurrency market with a growing number of strategies to implement cryptocurrency trades.

Account Types

Investors may choose between a Classic Account and a Profit Sharing Account. The Classic account consists of higher spreads to compensate traders as well as ZuluTrade. The Profit Sharing Account displays a fixed cost of $30 per month plus a 25% performance fee if conditions are met. Due to the fixed fee, this is suitable for more massive portfolios. Traders, the signal providers investors will follow, are treated to identical conditions with volume-based compensation.

Traders at ZuluTrade receive volume-based compensation, equal to $5 per $100K traded.

Trading Platforms

ZuluTrade doesn’t provide a trading platform. Investors will connect their MT4 trading accounts to their ZuluTrade account. It does provide full statistics of all traders, ranks their performance, and grants a risk assessment. Investors will have full access to all relevant information and portfolio management tools from the back-office, mobile versions are equally available.

Full statistics are provided on all traders, allowing investors to make the proper decisions.

A mobile version is available, making portfolio management more convenient.

Unique Features

Investors are provided with four unique features developed to maximize profitability, enhance security, simulate portfolios, and receive tailored portfolios selected by ZuluTrade’s professionals. The combination of the auxiliary services is one critical reason this company established itself as a prime source within the social trading scene, continuously extending its reach.

Automator provides investors the ability to create rules and automate their trading approach.

ZuluGuard protects portfolios from unexpected swings in traders’ performances and automatically disable it from providing signals.

The Simulator will give investors an overview of past performances for a better understanding of what to expect.

Traders Combos, the managed trading services provided by ZuluTrade, enhances diversification, and risk reduction in portfolios.

Research and Education

ZuluTrade operates a blog where it covers macro-economic events, but neither research nor education is provided. The blog is updated frequently and adds value to the core services of this company. ZuluTrade does rank traders based on return on investment (ROI) and risk behavior. Four calculators are provided, offering investors the opportunity to compute pip values, margins, and profits, while a currency converter is equally available. Social Charts allows traders and investors to share ideas, providing analytics within the community.

Four calculators are listed, allowing investors to compute key metrics.

ZuluTrade hosts a blog where macro-economic events are covered.

Social Charts provide the community to share ideas and provide analytics to each other.

Customer Support

Multi-lingual customer support is available 24/5 via e-mail, phone, or live chat. According to the latest available figures that we discovered during this ZuluTrade review, roughly one-third of ZuluTrade employees staff support roles within the company. The Help Center attempts to answer the most common questions.

Bonuses and Promotions

ZuluTrade neither provides bonuses nor promotions.

Opening an Account

A quick online application form processes new account applications. ZuluTrade also provides the option to complete this process via a Facebook or Google account. A verified MT4 trading account with a participating brokerage is required.

Deposits and Withdrawals

Deposit and withdrawal options are entirely dependent on the brokerage the investor or traders uses. ZuluTrade doesn’t facilitate the processing of payments.

General Information

Company Information

  • Headquarter : Greece
  • Regulation : HCMC, KFB, CFTC

Account Information

  • Type of Broker : 35,38,139
  • U.S. Clients Allowed :
  • Minimum Deposit : Broker Dependent
  • Maximum Leverage : Broker Dependent
  • Commissions / Spreads : Both
  • Account 1 : Classic
  • Account 2 : Profit-Sharing
  • Demo Account :
  • Islamic Account :
  • Segregated Account :
  • Managed Accounts :
  • Deposit Options :
  • Withdrawal Options :

Instruments Traded

  • ETFs :
  • CFDs :
  • Commodities :
  • Metals :
  • Stocks :
  • Oil :
  • Gold :
  • Binary Options :
  • Indices :

Trading Platforms

  • Type of Platform : MetaTrader 4, Web-based
    • English
    • Spanish
    • Arabic
    • Italian
    • French
    • German
    • Japanese
    • Chinese
    • Russian
    • Portuguese
    • Dutch
    • Greek
    • Malay
    • Thai
    • Bahasa
    • Polish
    • Hungarian
    • Other
      • Mac
      • Windows
      • Linux
      • Mobile
      • Web
      • iPhone
      • iPad
  • Trading Signals :
  • Charting Package :
  • Market Analysis :
  • Chart Trading :
  • Automated Trading :
  • Scalping :
  • Hedging :
  • Mobile Alerts :
  • E-mail Alerts :
  • Trailing Stops :
  • Guaranteed Stop Loss :
  • Guaranteed Limit Orders :
  • Guaranteed Execution :
  • One-click Execution :
  • OCO Orders :
  • Interest on Margin :
  • Web-based Trading :
  • Mobile Trading :
  • Customer Support

    • English
    • Spanish
    • Arabic
    • Italian
    • French
    • Turkish
    • German
    • Japanese
    • Chinese
    • Russian
    • Portuguese
    • Dutch
    • Greek
    • Malay
    • Thai
    • Bahasa
    • Swedish
    • Polish
    • Hungarian
    • Other
    • Finnish
    • Norwegian
    • Danish
  • Support Hours : 24/5
  • E-mail Support :
  • SMS Support :
  • Chat :
  • Pros and Cons

    • Easy to learn system
    • Great tool for new traders
    • Excellent mobile trading options
    • Only One Trading Account
    • Works best with their own brokerage

    Can you make money with ZuluTrade?

    The company offers traders volume-based compensation, acting as a liquidity provider, and introducing broker.

    Is ZuluTrade regulated?

    Triple-A Experts Investment Services SA, ZuluTrade’s EU operations, received an EU Portfolio Management License in 2020. It is regulated by the Hellenic Capital Markets Commission (HCMC) under registration number 2/540/17-2-2020. In Japan, it is registered with the Kanto Financial Bureau (KFB) as an investment advisor. In the US, it is registered with the Commodity Futures Trading Commission (CFTC) as an IB and a commodity trading advisor.

    How do you use ZuluTrade?

    Investors and traders require an MT4 account with a partner brokerage, which is then linked with a ZuluTrade account. Following the initial set-up, ZuluTrade handles the entire operations automatically.

    How much do signal providers earn?

    ZuluTrade compensates its traders up to $5 per $100K traded or $5 per standard Forex lot.

    Who is the best Forex signal provider?

    A complete list with performance rankings, as well as, key statistics are maintained by ZuluTrade.

    Summary

    ZuluTrade is a well-established, properly regulated social trading platform. Investors who prefer following trading strategies should definitely consider ZuluTrade as a frontrunner. The vast partnerships with global brokerages grant maximum cross-asset exposure and strategy diversification. The cost-structure in the profit-sharing account may be too steep for many retail traders to bear, which is our most significant area of concern.

    Traders Combos is one of the most appealing services provided by ZuluTrade, while three distinct features further enhance and protect investors. Since its acquisition by the Chinese based Formax Group, inspired by their quest to obtain the patents and technology powering ZuluTrade, it is changing into a fintech firm expanding in cryptocurrencies. Social traders will be well-served at this firm, while traders with successful strategies may boost their income through the volume-based compensation plan.

    User Reviews

    Did you have a good experience with this broker? A bad one? Tell our team and traders worldwide about your experience in our User Reviews tab. Your email address will not be posted.

    Please make sure your comments are appropriate and that they do not promote services or products, political parties, campaign material or ballot propositions. Comments that contain abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind will be deleted. Comments including inappropriate, irrelevant or promotional links will also be removed.

    pro567

    Awesome copytrading service. What I really like is zuluguard. It saved me once when signals provider decided to try a new strategy. Zuluguard recognized this and warned me. A very useful feature for investors with no time to trade daily ;)

    Dtraderru

    Very user friendly forex enviroment. Its very easy to get used to it and start trading with the help of other forex traders. It must be the busiest online forex community that i;ve found on web while searching for free trading signals. Good and professional company.

    I’ve user zulutrade for over a year now and my overall verdict would be : It actually works! It took me some time before i managed to create a stable portofolio with over 7 traders inside , when i had loses i always had other providers compensating these losses and adding profit as well.

    Best Binary Options Brokers 2020:
    • Binarium
      Binarium

      Best Binary Options Broker 2020!
      Free Trading Education!
      Free Demo Account!
      Perfect for Beginners!

    • Binomo
      Binomo

      2 place in the ranking!

    Once i started it using it i became a little obsessed with trading and forex in general. Its a very inovative way of making money and more importantly , it works.

    alberthos

    Very nice and transparent service. Everything is available in zulu for a user to find good traders. Me and my brother are making money every month and thats why i came here to write a good review , good services must be rated accordingly.

    7646282

    if you want to be a signal provider, beware because if they dont wantthey do not pay – and make you all kind of trics

    Setcah

    Nice looking platform , first i tried their demo account for 20 days and then i opened a live account to try my luck with small amount of money. I really love the ability to fully customize my account , setting risk limits , stop loss targets. You feel really in control there. The only thing that bothers me is their slippage with my broker. I recommend it to anyone willing to test their luck in Forex market.

    tpatrick74

    Great service , my business partner showed me zulutrade and since then I’m pretty hooked. It takes time to find the best provider for you , but afterwards you will be greatly rewarded. Highly recommended.

    aprancan

    zulu trade- profitable only when trust to reliable SP I found one- called like – ap-zulu
    I think it will come to top because it made a lot of pips per day instead of other provider .

    Dianna

    Dudes the best invention after peanut butter seriously seems to be Zulutrade. You can follow, copy other followers or trade yourself separately or in combination of the three. Though providers sometimes get a bit shaky and get off track but overall the system can get you some returns.

    antonio

    Ciao ragazzi!! If Zulutrade does not exist, I dont know how to trade forex. It makes me small gains every day but I happy with this:) Un fantastico sistema.

    G.Travers

    New updates are very useful. There is also a new option that came out today – open trade chart with the numbers of open trades per day. Above the number pops up a window with info on the amount of daily profit with the corresponding date and number of open trades. The stat goes back from the beginning of the trading history of the provider showing each time the provider opened a trade.

    Zulutrade is constantly upgrading. From this week live accounts are getting daily reports; providers are analyzed deeper with three new performance indications – weekly best/worst trade; ranking history chart and max open trades.

    GLamont

    I am very satisfied with the platform and the customer support. Besides all the great features like – tradewall, performance indicators, there is also the little bomb thing that indicates how long is each provider in the system and what accounts s/he has managed;risk apetite; the portfolio they have, etc. However, what I like the most is that we get this type of high leverage ;)

    apaipi22

    I am also using Zulutrade and am pretty much satisfied with the platform. Yes FX is risky, but somewhat zulutrade manages to combine and measures this risk via the rank it provides prior to each provider – this way you know the maturity (how long s/he has been trading), risk appetite and exposure, variation drowndown. not bad to have all in one number, eh ;)

    lm26172

    I love Zuluttade!! IT is so easy to use, and you don’t really need to be a financial guru to use it. Moreover, the providers are more than enough to gain this extra cash. I really like the like the margin meter. Everytime indicates me where not to go. I have tried it with high % and with low and needless to say when % was too high I was loosing cash. I do not understand all the math and problems you are discussing above, but I am pretty satisfied with the indication. ALso it is great info of the risk appetite of the provider

    FXeria

    Zulutrade is really an innovative platform, offering both to inexperienced and experienced traders-wanna-be an easy access to forex. I have tried the demo and auto-trading mode – both have suited me my urge to earn some extra cash with limited capital and limited losses. Great customer support as well!

    What I like the most in zulutrade is that they make constantly new additions to their platform and their services. Have noticed their latest automatic allocation mode which automatically allocates number of lots to added providers. Especially for beginners I believe it is a very helpful service.

    Mathias

    Autotrading platforms offer us the possibility to choose as many signal providers as we want (or our capital can stand :) and set for them different number of lots and trades. I have account in zulu. It is a matter of time to end up with a successful portfolio and a strategy that it really brings profit.

    Very good signal service, the leader in the market! I like the latest changes, like the alchemy and the improved ranking, along with the advanced search. They also added more broker so you have a wider choice. There is also an iphone/ipad application available so you dont need to be infront of a PC all the time.

    Without Zulutrade, I could not trade forex on my own. In the past I have followed some bad signal providers but now I have learned from my mistakes and I can recognize a bad strategy of a system.

    zulutrade has done major changes! added alchemy, where you can copy a live account’s provider portfolio removed invalid performance stats, so ranking its at its best added more brokers changed the provider agreement, so reckless trading means no payment!

    Alexandr

    If you do the right research and use the correct settings, zulutrade is the best signal service out there!

    ernest

    I think zulutrade is the best choice among autotrading platforms and for those starting at forex. Its difference is the ease of use and the reliability of the signal providers!

    Chris

    Agreed with Townjet from Zulutrade-Top – Zulutrade is a minefield and you have to be very careful picking providers. Do your homework and read the available blogs out there. http://zulumon.blogspot.com/

    Zulutrade “can” be good place to have someone send signals to your account. But there is a catch. You really need to investigate a signal provider before you use them. And even after investigation you never know when they may just change what they are doing. One thing I always tell people about Zulutrade is “These signal providers have a way to make money in the Forex market without taking any risk.” They get .5 of a pip per lot you trade with them regardless if they make you money or not. Granted it is in their best interest to keep you as a customer. Zulutrade is not about the method or currency pair a signal provider uses, it is about their money management. Drawdown on a trade, how many trades they open up at a time, if they use a stop loss, etc. (P.S. always us a safe stop loss on Zulutrade). Visit my Blog for some ideas I look at when evaluating a signal provider. http://zulutrade-top.blogspot.com/

    Most Visited Forex Broker Reviews

    Stay Updated!
    Also Available on

    Risk Disclaimer: DailyForex will not be held liable for any loss or damage resulting from reliance on the information contained within this website including market news, analysis, trading signals and Forex broker reviews. The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author and do not represent the recommendations of DailyForex or its employees. Currency trading on margin involves high risk, and is not suitable for all investors. As a leveraged product losses are able to exceed initial deposits and capital is at risk. Before deciding to trade Forex or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite. We work hard to offer you valuable information about all of the brokers that we review. In order to provide you with this free service we receive advertising fees from brokers, including some of those listed within our rankings and on this page. While we do our utmost to ensure that all our data is up-to-date, we encourage you to verify our information with the broker directly.

    Best Binary Options Brokers 2020:
    • Binarium
      Binarium

      Best Binary Options Broker 2020!
      Free Trading Education!
      Free Demo Account!
      Perfect for Beginners!

    • Binomo
      Binomo

      2 place in the ranking!

    Like this post? Please share to your friends:
    Binary Options Online Trading
    Leave a Reply

    ;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: