ZuluTrade Review 2023 Pros, Cons and Ratings Revealed

ZuluTrade also offers Crypto (BTC, ETH, LTC, BCH, XRP) forex trading signals that you can copy to your trading account to further diversify your trading portfolio. Now, that is the zulutrade review risk you will be taking incase of social trading. But constantly monitoring the trader’s performance and their system will surely increase your chances of success in copy trading.

Carrying your guidelines and telling you of changes aroundtheclock through notifications. This basically eliminates many of this tough job out of trading, and permits you to embrace a handsoff approach whilst expecting that the signal provider’s performance. You can choose from the best forex traders and automatically copy signals from their account. This helps us choose only the forex traders to copy signals from.

You can follow these signal providers with an amount of $100 or more. When the signal provider opens a position, the position also opens automatically within your account. This gives you the same results as the investor you are following. It automatically removes a trader when trades deviate from their strategies, providing protection to the investor’s account. Our Zulutrade review also found that there is a dedicated space for crypto copy trading at Zulutrade. This means you can also follow crypto traders and copy their positions in major markets.

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Zulutrade offers a wide range of financial markets including stocks, indices, currencies and commodities. It also provides access to different types of instruments like futures and options. This allows users to diversify their portfolios and increase their chances of generating profits from the markets. Zulutrade has an Automator service that allows users to customize and optimize their trading strategies. It is equipped with advanced algorithms and multi-level optimization techniques which enable users to track the performance of their automated bots in real-time.

• ZuluTrade does not offer Islamic accounts directly to its clients.
• This enables you to get knowledge from experienced and knowledgeable market leaders, reducing the potential hazards connected with investing in online assets.
• Although, you are free to copy signals from any of the 50+ brokers ZuluTrade offers.
• However, I think eToro would be a better option in my opinion simply because they have a larger user base along with some other innovative features.
• ZuluTrade forex signal copy service is also available in Android, iPhone, iPad and desktop widget apps.

On the flip side, the ZuluTrade benefit sharing accounts variant is suggested for beginner traders, also specifically caters to exclusive backup trading through ZuluTrade. Above that amount, a 20% performance commission on benefits is implemented. ZuluTrade forex signal copy service is also available in Android, iPhone, iPad and desktop widget apps. This makes copy trading on the go a breeze and ensures you can keep up to date with the performance of the traders you are following to add or remove at any time. ZuluTrade also has a good social trading aspect to it where traders and trade copiers can comment on the market, exchanging views and have discussions with other users as well as ask questions. The Zulu Ranking system of Zulutrade will be displaying all of the information about top traders on the platform allowing you to choose the best one for you from the list.

General information about ZuluTrade

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. As it is a platform with a customer base spread across a number of regions and countries, ZuluTrade has put in place a multilingual customer support service. ZuluTrade supports a number of different languages, including English, Italian, French, German, Spanish, Russian, Portuguese, Arabic, Greek, Chinese and Japanese. In terms of what trading platforms ZuluTrade is compatible with, as with many other of the major platforms out there, ZuluTrade is fully compatible with the MT4 trading platform. To ensure the safety and security of our customers, Zulutrade partners with top-tier brokers who are regulated by authoritative organizations.

“Scam platform”

There are more than 70, though some may not be available in certain areas. Using an Islamic account at ZuluTrade may slightly increase the trading commissions charged by the broker. On-the-go investors can use ZuluTrade’s app to access all the key features available on the desktop, designed for convenient mobile use. Investors wanting to connect with professional traders, learn from them and swap ideas will find the platform to be beneficial.

Account Types

ZuluTrade continues to grow today and is the go-to forex copy trading solution with Licensing and Regulation in EU and Japan. This can help ensure that your account does not fall below a certain value and so that you are not over leveraged or risking a margin call or stop out. ZuluTrade’s daily business activities are carried out from Cyprus and ZuluTrade has offices in Hong Kong, Shanghai, Athens, Greece and other countries. The most advantageous broker where you can open an account is AAFx. At AAFx you benefit from favourable rates for the transaction costs, allowing you to achieve a higher return.

The platform even offers excellent customer service, with support offered in 26 languages via live chat, email, the website itself, and by telephone. Traders themselves can trade on their choice of over 50 supported brokers, which gives them collective access to the stock, indices, commodities, crypto, and forex markets. ZuluTrade can be accessed via the web version or by using the mobile app (available on iOS & Android). This makes the platform an invaluable resource for those who want to try copy trading, as ZuluTrade has plenty of traders that users can copy. While the platform does its best to only allow high-performing traders to be copied, that doesn’t mean every trader’s strategy will be a winning one.

I have been testing this company with…

Also, the way ZuluTrade ranks the traders and shows risk levels and all of that. First, you should be on the official website of ZuluTrade and browse to choose a Trader that you wish to follow. You will see the ‘Trader’ section on the upper corner of the homepage of ZuluTrade.

Note that when this happens, the trader will simply open a new account so that their bad trading losses no loger show up in their performance. Do you want to replicate the trading strategies used by the most prominent leaders? In that case, I suggest checking out the ZuluTrade copy trading platform. The advantages of this strong platform don’t stop there, though.

When volatility occurs, it basically indicates the level of deviation from the average price. Lastly, another indicator that is highlighted by ZuluTrade is the Average directional index (ADX). This indicator measures the strength of the trend without taking the trend direction into consideration.