Overall, Zulutrade is a great platform for both beginner and experienced traders. With its easy to use interface, comprehensive educational library and copy trading capabilities, Zulutrade is an excellent tool to help traders make informed trading decisions. The platform also provides a wide range of features and services that help traders maximize their profits. If you are looking for a copy trading platform, Zulutrade is definitely worth considering. This social trading platform can run on desktop, web and mobile devices.

How do I know I can trust these reviews about ZuluTrade?

Zulutrade also provides a range of education and training resources for traders. There are tutorials, webinars and ebooks available to help users gain a better understanding of the markets. The platform also has an extensive knowledge base that covers topics such as risk management, trading strategies, charting tools, and technical analysis.

Forex Categories

With that said, ZuluTrade is one of the few players that have been on the scene for quite some time. Since being founded in 2007 by Leon Yohai, ZuluTrade has established itself as one of the most trusted brands in the industry. Leaders are compensated on a volume basis and earn 0.5 pips for each closed trade executed in a Real Investor account. Now, just follow the onboarding instructions, and when prompted click “Become a Leader”. If you already have a Trading Account linked to ZuluTrade, go into your Trading Accounts section and select the option “Make my Account Public”.

Range of Markets

Investors wanting to connect with professional traders, learn from them and swap ideas will find the platform to be beneficial. However, users need to contact https://forexarena.net/ a preapproved broker to determine their fees. Deposit and withdrawal fees depend on the broker’s pricing policy and so do the minimum withdrawals.

Zulu, however, has a reputation, a large base of active clients, and confidence in the company. Additionally, Julutrade collaborates with dozens of brokers – and this is better than the one linked to the broker. But reliability is more important to me, especially considering that commissions pay significantly compensation through the number of customers and the revenue from them. 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.

Social Trading

In addition to that, you will be charged a 25% performance fee each time you make profits from copy trading. As the most actively traded financial market in the world, forex trading is perfect for copy trading based on the sheer volume of assets traded and the overall liquidity of the market. If you have a preferred forex trading broker, simply connect your brokerage account with the ZuluTrade platform and get trading straight away! The currency pairs you can trade, and the spreads you will benefit from, will depend on the brokerage you choose to use. Trading Forex, CFD, Options, and other financial instruments carry a high risk of loss and are not suitable for all investors.

• At any time you can have your trade locked manually if it seems to you there’s something wrong.
• ZuluTrade is a perfect service if you want to try copy trading.
• Continue reading this ZuluTrade review to learn about the features and services that the platform brings to the table.
• Most of the top brokers, the likes of FXCM and Pepperstone, also provide highly competitive commissions for traders using ZuluTrade, and the integrations are very easy to set up.

When the platform was founded in 2007, Yohai wanted to give retail traders the same information and resources that money market players would have access to. This mission has been taken to the next level with the advanced social trading features that ZuluTrade provides, allowing novice traders to learn from highly skilled day traders. You can make money with ZuluTrade by following the right signal providers.

Any statements about profits or income, expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold The Forex Geek and any authorized distributors of this zulutrade review information harmless in any and all ways. They offer a demo account for you to test it out and you can even copy trades to your forex demo account to test the waters. This is especially useful for beginners as they may not be aware of the potential dangers of a specific account that they are copying signals from.

It’s so easy to use for a beginner like me who literally has no knowledge and zero trading skills. I could have never imagined that copy trading can be so much fun. I liked the fact that despite the presence of statistical data about the Leaders, the company formed the ratings. Thanks to these ratings it is much easier to find the most profitable or the most promising Leader.

Trustpilot also gives them a score of 9.1 out of 10 from over 1,500 reviews. Many users appreciate Zulutrade’s user-friendly interface, advanced analytics and trading tools, and the wide variety of educational resources available. This social aspect serves as a hub for collaboration, allowing members to leave feedback, support one another, and collectively thrive. Continue reading this ZuluTrade review to learn about the features and services that the platform brings to the table. Ignoring the actual trading performance, the worst problem with this platform is that after registering I started getting spam calls about buying bitcoin or similar alternatives. So I can’t withdraw them because the fee is higher than the available amount, and I can’t also forfeit it for the account to be closed.I’ll just have to change my phone number…

Compare the markets and instruments offered by ZuluTrade and its competitors. Please note, some markets may only be available via CFDs or other derivatives. You can start copy trading with a minimum of $0 subscription plan on ZuluTrade. If you do not have a trading account, create one and then proceed.

The ZuluTrade availability depends on the broker you decide to connect with the platform. To open an account with ZuluTrade, start by registering and verifying your profile on the ZuluTrade platform. Both platforms primarily concentrate on CFDs and Forex trading. One of the drawbacks of ZuluTrade is that it doesn’t offer its services to U.S. residents yet.

Whether you get charged any fees for using ZuluTrade will depend on what type of account you have. Classic accounts will be charged a small fee on every trade, whereas Profit Sharing accounts require a flat monthly fee, with fees only chargeable if you turn a profit. This essentially creates a shield for your investment account and stops you incurring unnecessary or unexpected losses.

It became a popular choice among copy traders with its user-friendly trading interface and features such as EAs via MT4 and the use of VPS. One of the main fees to consider with CFD forex trading is spread. The broker you choose will charge spread on transactions and Zulutrade add additional spread on top.

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.