Zulutrade Employee Reviews

Unlike other social networks, ZuluTrade is completely free trading platform. Traders have option to first register with Demo account to practice and get familiar with platform, before making real deposits. The reason for ZuluTrade being free is because it is in business cooperation with many binary and Forex brokers that give certain commission to ZuluTrade after traders deposit with them.

We alsoreached out to customer supportto solve issues that we hd encountered. Finally, wewithdrew our fundsto see if there is any issue with the withdrawal process. One of the most underused features of ZuluTrade is the reverse multibank exchange group review trading option, which is a shame because this is potentially one of the most profitable features. LiteFinance provides traders with Fibonacci calculator LiteFinance has introduced the Fibonacci calculator for traders.

  • Your trading dashboard lets you analyze performance of other traders.
  • Investors will have full access to all relevant information and portfolio management tools from the back-office, mobile versions are equally available.
  • The social aspect is delivered through an active forum and customer feedback and votes which can be directly left on the signal provider’s pages.
  • External Real or Demo MetaTrader 4 Platform is possible to link to a Trader account with ZuluTrade.
  • From 4 LIVE accounts that I have had connected for another few months, I have got 2 of them disconnected from the ZuluTrade system without any notification or anything that could make me aware of that.

We noticed with concern that some brokers have some ridiculously high slippage, of even over 6pips! Slippage will affect your profits significantly or even run you into losses especially if your signal provider is utilizing a scalping strategy. Not all brokers and offers are regulated in the United States of America. We don’t recommend, facilitate or encourage trading with products that are not regulated. BinaryOptionRobot.com does not recommend any binary brokers or binary options exchanges to US traders besides NADEX, which is licensed by CFTC. Every trader is obligated to check the legal status in their respective jurisdiction on their own.

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. From there you can check and read about the available Traders to choose from. When you have already decided which Trader you want, you will be prompted to a section called ‘Trader’s Strategy’ where you can select the available amount of the trading capital you wish to invest in. For advance/professional Traders, you can go to ‘Advanced Settings’ if you wish to make any additional changes or special indications . After that, you just need to click ‘Follow’ on that section to confirm and you are good to go.

Review Of Deposit And Withdrawal Methods

If the balance of the account falls below $100, the account shall indeed be disconnected- as such, the account holder needs to ensure that it exceeds $100 at all times. Thank you for taking the time to respond to our request for some Quality Assurance feedback. We greatly appreciate your high rating and generous praise, as this reaffirms the hard work we put in every day. We will continue to do our best to ensure that our services meet a high standard.

For this reason in general the whole copy trading experience using ZuluTrade paired with AAAFX is slightly better. The best broker to trade with ZuluTrade is AAAFX, a Greek brokerage firm, regulated in Europe, registered under the Hellenic Capital Market Commission , and MiFID compliant. There are many scams in the Forex sector perpetrated by self-styled companies and / or investment brokers.

Risk Warning

You can use it to close down trades when you want to manually, if you get an email that the one you have followed started placing crazy calls on impossible trades. You can shut them down anyplace, anytime with your mobile device. Very social, followers are able to comment on trader’s performance and give feedback. Check out Funding options available and withdrawal policy and charges from the broker you want to choose.

All services and products accessible through the site /markets are provided by FXCM Markets Limited with registered address Clarendon House, 2 Church Street, Hamilton, HM 11, Bermuda. Combos are composed based on the included Traders’ strategy and past performance statistics. Combos are not intended as and do not constitute nor are construed as an investment advice. Please refer to ZuluTrade’s Terms of Service for more information regarding combos and the classification and selection of Traders. Trading with ZuluTrade allows you to either follow a) “individual” traders or b)”Combos Plus” system while also having the option to manually close all the positions of your portfolio .

Becoming a signal provider with ZuluTrade can pay off expert traders well. They can receive 0.5 pip per lot from each trader following their strategies with a real money account. ZuluTrade allows anyone to effortlessly identify forex and cryptocurrency traders who have what is bitcoin proven their success and create a custom portfolio based on their amalgamated trades. This strategy is a comprehensive way to expose your capital to multiple assets and trading styles, and ZuluTrade provides several unique features to make it even more effective.

Conclusion: Is Zulutrade A Good Place To Start Trading?

If you want to work with a broker regulated in the EU, UK, and Australia, we recommend that you check the leaders of our brokers forsocial trading ratings, such as eToro, AvaTrade, XM, and FXTM. We recommend you to study the review of the eToro copy trading platform, where the terms are much more favorable. Moreover, investors should take into account the fees charged by the ZuluTrade platform itself. https://cryptominer.services/ An additional advantage of the Platform is that it provides the ability and ease of driving selected trades to broker accounts of the interested parties. The concept of ZuluTrade is to offer an open environment, where traders on a global-level can connect any trading platform and share their knowledge. Following the traders/signal providers and using the ZuluTrade platform from a live account is free.

This platform is entirely web-based and the account of the trader is secured against connectivity issues. It can run EAs uninterruptedly without the need for a VPS and all functions needed are all indie the Trader account and there is no need for any external platform. Zulu trade often get mixed reviews because it is a home for many different traders that you can follow. As a trader we must use the data that zulutrade provides and analyse to find the best trader to follow. The data provided is good but I would like to see an improvement in the zulu trade algo that ranks the traders. Some of them are clear martingale traders and that will catch out newbies.

Zulutrade Review 2022

If you were following any of these signal providers, wouldn’t you rather be trading using DUKASCOPY? Scalping strategies are based on exploiting tiny movements in price and taking many trades https://cryptonews.wiki/ targeting tiny profits with each trade. Either way, you still want to choose a broker who has the least slippage. It would be a good idea to choose the same broker as your signal providers.

Zulutrade Forex Brokers

Option for opening all the present trades that the trader has opened. This is because for those trades, you would have missed their entries. If you enter too late on a trade, they may result in a loss especially if your signals provider is targeting smaller pips or is just about to close them. You will still pay commission on these trades even when they result in losses. If you use ZuluTrade when trading with a live account, you will incur several other charges on top of your normal broker costs.

With a loud noise from a call center in background he told me the positions i should put money into. If you have an urgent query, you can choose to have a live chat by choosing the “chat with a specialist” option displayed at the bottom of every page of their website. In this case, the decision for the case was based on an offer made by ZuluTrade for a $10,000 fine; where it neither denied nor admitted the allegations made against it.

Fees And Costs Of Zulutrade Investors

For a small monthly subscription fee, gain access to high performing Traders’ strategies from different risk appetites. Connect with expert Traders and copy their strategies directly in your FXCM trading account. ZuluTrade has an overall rating of 4 out of 5, based on over 42 reviews left anonymously by employees. 75% of employees would recommend working at ZuluTrade to a friend and 72% have a positive outlook for the business. I am east coast based – should I have gotten it in writing that the role is and will be remote? It was confirmed verbally multiple times but the offer letter that I signed did not state it anywhere.

I Have Been Testing This Company With

The number of features in both the desktop and mobile versions is also a point in its favor. Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Opinions, market data, and recommendations are subject to change at any time. Registration with ZuluTrade is absolutely free, however, to maintain your Broker investment account connected with ZuluTrade, your balance should always exceed $100. The minimum deposit to activate an Investor account depends on the Broker that the user chooses to collaborate with.

Just choose Combo Plus, which offers you a pre-selected grouping of ZuluTrade’s Traders based on variety of strategies to follow. Your trades execute with FXCM’s competitive spreads and you pay a 25% of your profits to the Trader only if they have earned you a successful return on your investment. And even in the case, that you have a month with negative PnL, a Profit Sharing model works out cheaper when compared to a Classic account, since with a Classic account you pay a mark-up plus volume based fees. FXCM offers its clients a variety of tools and resources to help them become more educated and sophisticated traders.