ZuluTrade Review 2023 A Must Read Before You Sign Up

Zulutrade has a wide range of supported brokers to choose from and you must have a trading account with any of these brokers for copy trading on the platform. Then you can easily sign into Zulutrade with your trading account. If you don’t have an account yet, then you can directly go to the Zulutrade website and open an account with any of the supported brokers as per your preference. Zulutrade does not charge any fee for copying the trades of top traders and the only cost you will have to bear would be the spreads and commission charged by your broker. ZuluTrade was originally founded in 2007 by Leon Yohai and Kosta Eleftherious.

Just because you can easily copy trade does not mean that you are copying experienced traders that will consistently outperform the market. Also, trading fees can be quite high, even though the platform itself is free to use. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. What can I say about zulutrade other than it’s arguably the most appropriate company for copy trading in the world.

ZuluTrade Review – Countries

Let’s examine the services and features ZuluTrade has for you. When you register with ZuluTrade, a demo account is automatically created for you with all the features of a live account. This allows you to test forex broker reviews ZuluTrade’s functionality without any risk and to try out different copy trading strategies before investing real money. The fees you pay will depend on the broker that you select to open an account with.

It is secure proven that it is regulated and chooses reliable and legit Brokers in the trading industry. It has its own security features that will give you confidence in investing. 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.

• The best copy trading platform depends on the individual needs of each trader.
• It works by allowing traders to share their strategies with the community, or “followers”, who then copy those same strategies into their own accounts.
• You don’t require any trading experience to trade with this account.
• Usually, the very same methods you use to make a deposit, will also be available to withdraw.
• If you do, please let me know how you get on in the comments below.

TradeStation is a powerful trading platform that offers advanced charting, customized trading strategies and automated trading capabilities. However, Zulutrade stands out from TradeStation in that it provides copy trading functionality. This allows users to copy experienced traders and benefit from their expertise without having to manually execute every trade.

Customer Support

The texts on this page are not are not investment recommendations. Zulutrade – a convenient service for those who want to earn some extra income, broadcast their deals and get commissions from investors. Personally, I, a practicing businessman, found this option the most interesting – I have already been practicing my personal method for a long time. But if you have a fairly stable monthly result and you can provide reports, you will not be short of customers – it is quite a good extra income, which will not require any effort from you. Many brokers have PAMM, MAMM programs, copying services and much more.

What Is The Minimum Deposit?

At any time you can have your trade locked manually if it seems to you there’s something wrong. Oh, I’m afraid that nobody will give you a definite answer to this question. Because everyone chooses a broker that suits him according to trading conditions and some other parameters. So you should make this choice yourself.The ZuluTrade website has a list of brokers with which the company cooperates directly. So no matter what you choose, your choice will not bring you much disappointment. Asktraders is a free website that is supported by our advertising partners.

Therefore you should take all precautions necessary to ensure the suitability, appropriateness and adequacy against your own circumstances. We further recommend that you should seek professional financial independent advice before you obtain any of the services or products referred to within this Website. You need to be aware revenue can disappear just as quickly as it appears in your account.

Strategies can also be added or removed at any time according to your preferences. I like how this makes ZuluTrade a flexible social trading platform for copy trading, allowing you to copy other traders if you have little experience. The best copy trading platform depends on the individual needs of each trader. For example, Zulutrade is a great option for beginner traders who are looking to learn more about financial markets and start copying trades from experienced traders. On the other hand, TradeStation may be better suited for more experienced traders who need access to advanced analytics tools and automated trading.

ZuluTrade Review – The Platform

Overall, ZuluTrade is one of the industry leading social wealth management platforms alongside eToro and NAGA. They offer free sign up and work with over 70+ online brokers. They are regulated in the EU and Japan, and have users including talented traders from across the globe. There is a social trading community forum where traders and investors can discuss anything from strategies to the platform features, auto trading and more. I appreciate how they’ve provided a facility where you can leave feedback and suggestions to the ZuluTrade development team. As a social trading platform, ZuluTrade has very strict criteria in place as to which traders can be featured as those “traders to follow”, and at the top traders on their leaderboards.

ZuluTrade Review – Conclusion

In this ZuluTrade review, we’ll be going over both the positives and the negatives of this platform to help you determine whether or not ZuluTrade is the ideal platform for you. When the average movement goes towards each other, convergence occurs, and when the average movement goes away from each other, divergence occurs. This is called Stochastic Oscillator and it follows the speed or the momentum of the price, as the momentum changes direction before price. On the other hand, the Bollinger Bands indicator is a volatility band that is placed above and below a simple moving average. When volatility occurs, it basically indicates the level of deviation from the average price.

Support

They have their own traders on the top ranks to manipulate the investors and eventually the account gets blown up which leads to a huge loss. With that said, based on the research that we have conducted for this ZuluTrade broker review, we are pleased to report that ZuluTrade offers customers a high level of protection. Zulutrade’s main competitors include eToro, FXCM, Pepperstone, and TradeStation. Each of these platforms is similar to Zulutrade in that they offer copy trading capabilities. However, Zulutrade stands out from its competitors with its user-friendly interface, advanced analytics tools, and comprehensive educational library.