You can indulge yourself in ordering all trades according to their opening date, or maybe by entry price, or by current profit. It only depends on the analysis you’re carrying out at any given moment. In any case, clicking on the portfolio or on a single Signal Provider, the Equity Line chart will be shown on the right.
- This would ensure maximizing the profits and minimizing the losses.
- Additionally, if you are taking part in ZuluTrade’s profit-sharing scheme, this will also incur an additional fee.
- The ZuluTrade ROI is calculated by annualizing the classic ROI, but only of the last three recorded months.
- Final point, another flag you have to be sure NOT to have accidentally entered is “Reverse all trades”.
- So, if you connect ZuluTrade to the broker you select, you’ll be likely to find at least one of these deposit methods, always keeping in mind that this depends on the broker and on your location.
In some cases, for some types of brokers, this function is mandatory. The smooth brokers’ integration, the trading platforms supported and the main thing is that it is eligible to work in the US and the EU.maybe the initial deposit from the brokers’ and traders’ side could be lower. I just traded with a broker that also offered copy trading services and for that you required to connect to ZuluTrade’s software.
As in all things, if the votes are many, there is more chance that they return a likely situation. The first “Pairs” graphically shows the amount of trade carried out by the Signal Provider for each currency pair compared to the total. The bigger the piece of cake, the greater the number of trades executed.
Missing Trades
In my opinion, ZuluTrade is one of the better forex signal services. There are many trades across the world who you can copy trades from. The ZuluTrade website is easy to use and you are able to quickly identify the best forex signal providers based on your requirements using the filters on the traders table. Zulutrade also offers an affiliate program that allows users to earn commissions by referring a new investor to the platform. The affiliate program is designed to help investors maximize their profits and take advantage of the growing popularity of copy trading. Affiliates can receive up to 40% commission on all referred trades.
- This is done by ZuluGuard analyzing your account, and if it sees that your exit value exceeds the designated limit, it closes all positions and disables traders from your account.
- I prefer to look for experienced forex traders with a proven track record (2+ years).
- We are in the drawdown tab, the section where we can see where the balance actually went with his losses and winnings.
- Or, the Signal Provider may use only short duration trades, but at the same time keep a few trades open for a very long time to raise the average.
Now that we understand how exactly ZuluTrade makes money let’s take a closer look at the different fees they charge. Firstly, an account opening fee is charged to forex broker reviews users when they register for an account with them. This fee varies from broker to broker and largely depends on the size of the initial deposit made by the user.
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. ZuluTrade integrates the MT4 trading platform and requires very little set up to get running. The MT4 trading platform is arguably the most popular trading platform out there and is suitable for both beginner and advanced traders. ZuluTrade has also put added protection measures in place, such as the ZuluGuard Capital Protection, which monitors traders’ behaviour and will remove traders when the system detects a deviation from the expected loss profile.
ZuluTrade Bonus on the first deposit with AAAFX
Generally speaking, you should not get charged any fees on deposits or withdrawals, though this may depend on the broker you choose. You should always check this before choosing what broker to partner with, as these fees can often add up without you knowing. The customer support team operates 24 hours a day, five days a week. While this might seem somewhat limited compared to some of the other larger brokers, it should be remembered that this covers active trading hours. As such, the lack of 24/7 customer support should not be too much of an issue. Beyond this, a number of different tools and features are integrated into the ZuluTrade platform.
What Is Our Opinion On ZuluTrade?
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. 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.
The Social Trading side of ZuluTrade
Zulu4me is free, you just have to open a Demo or Real Account through ours to have the best traders in the world operating for you. To stay one step ahead of your competition, sign up today to our exclusive newsletters to receive exciting insights and vital know-how that you can apply today to drastically accelerate your performance. As you can understand, there’s so much to say about this very useful simulation tool. It’s a chance to start working professionally and try to get the most from your Social Trading investment. While it can be very useful to improve the performance, on the other hand, if you don’t know how and especially in what conditions to use it, is likely to do more harm than good. Especially, we can find the “Slippage” parameter, and the new “Offset pips”.
ZuluTrade eWallet Deposit
Spreads can be influenced by several factors, including asset type and time of the day the asset is being traded. For example, brokers often widen spreads during periods of high volatility. Yes, it is free to use this platform (there are no subscription fees). However, there are always trading fees in the forex market and the experienced forex traders you copy trade will also earn some commission from the people who follow them. Platform fees can therefore add up, although a good trader should be making sufficient profits to cover all platform fees and still keep their copy traders in profit.
ZuluTrade is licensed and regulated in a number of jurisdictions, including the US, the EU and Japan. ZuluTrade’s parent company is Triple A Experts SA, which is a financial services business with its primary operations in Greece. Having been founded in 2007, Triple A Experts SA has established a number of financial services companies, which includes 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.
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This feature allows traders to participate in the cryptocurrency market without owning the underlying assets. ZuluTrade offers a cutting-edge platform for Contract for Difference (CFD) trading, empowering traders with a dynamic and user-friendly environment. It offers a diverse range of financial instruments to cater to various trading preferences, including forex, stocks, indices, commodities and cryptos. 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. The traders will enter the list only when they meet all the requirements based on strict criteria and the ranks will be constantly updated when ever there is a deviationin their performance. The ranking system is set up in a way that it continuously measures the performance ofthe trading system used by these traders in order in a transparent manner.
But on the other hand, almost certainly, you will also stop some of the operations that would have made a lot of pips in profit. Doing this type of work involves changing strongly the risk/return parameters of a strategy. For many traders and many strategies the risk/return is everything, even more important than when, how and why to open a trade. The time zone we select here will be used to indicate every date on the site, particularly regarding the temporal details of the trades (opening date, closing date, etc).
It also needs to be mentioned that investors on ZuluTrade need to make sure that they have at least $100 in their trading account in order for their accounts to remain connected with ZuluTrade. Choosing which platform to trade on is very important when trading on financial markets. Despite them both being MetaTrader apps, with 5 being the latest one, we still think that MetaTrader 4 is the best platform.