ZuluGuard is a security feature that protects the investors’ capital. Also, it gives the trader or investor the ability to set settings in regards to the traders you are following.
This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
We generally enjoyed the ZuluTrade software and the features included. It’s very easy to search for successful traders, select volumes you want to invest for any signals you choose or percentages of your balance per lots as well as numbers of open positions at any time.
- With these apps, you can monitor and close existing trades and also manually open new trades.
- We also noticed that the top performing followers in terms of return on investments, had a very high risk-meter setting.
- Our team spends thousands of hours per annum researching brokers and gathering information about them to help investors all over the world to choose reliable companies and to avoid fraudsters.
- This successful software company now has more than a million users, and more than $800 billion in executed trades.
- The last step in its signup process is choosing the base currency of your account, the amount of leverage you want and the balance in the account.
- 3.) If funding an account by credit card, credit card statement and scanned copies of the front and back of the credit card.
In addition, ZuluTrade flaunts a high level of customer service and security standards. Weltrade charges a fee for copy trading on ZuluTrade through increasedspreads. The commission on the ZuluTrade account from Weltrade is one of the highest in the Forex market, which can significantly affect your bottom trader line. you can use filters and search for traders to copy on your own according to various criteria, such as performance, risks, experience, etc. However, the filter doesn’t always produce the desired result. demo trading period is too short i can’t even know if i can really make profit with zulutrade.
They also introduced a unique feature called ‘Social Charts’. This allows you to share your comments directly on any instrument chart, and interact real-time with other ZuluTrade followers and traders as market events happen. For each “trader/signal provider” you can view a good range of performance indicators and graphs to help you evaluate them. What’s important here to mention is that ZuluTrade is totally transparent. In fact, they share every single trade a trader has done in the past and you can download all the historical trades in Excel as well, allowing you to do your own proprietary analysis . While all the information is clearly there and presented in a variety of useful ways, looking for consistent and trusted “Traders” still requires some skill and regular fine-tuning. If you’re new to Forex trading it will take quite a few months before you assemble a portfolio of ZuluTrade “traders” you trust and who match your own investment profile and risk/reward strategy.
It is for the beginner and intermediate investor who wants to earn passive income online. Forex Bonus attractive me a lot, I wish i could trade in forex market with lot of money. Unfortunately i cant effort money to trade forex, so i turned to different forex bonus released by forex brokers. This is the site is find good offers up to date as always, and its very simple. Nice review done by the blog admin., regarding forex signals from various forex trading brokers of FX market. Safe Stop; this option lets the system compare your stop loss levels including trailing stops with that of the signal provider and the system selects the lowest level.
I really love the ability to fully customize my account , setting risk limits , stop loss targets. The only thing that bothers me is their slippage with my broker. I recommend it to anyone willing to test their luck in Forex market.
ZuluTrade is one of the oldest participants in the social trading arena. Founded in 2007, it has been in business for over seven years and over time has won the confidence and admiration of many market players. ZuluTrade says that it developed as a response to the lack of a system to audit traders globally and enable them to share their knowledge with others. The least you need is a mini account with one of forex brokers compatible with ZuluTrade. You have to open a forex trading account with one of the brokers which are compatible with ZuluTrade’s platform. Traders Union has worked hard to become the most reputable Forex site for Forex market participants.
The ZuluGuard program will monitor your account and the performance of every trader you are following and step in to protect your equity whenever it detects significant changes in trader performance. There is a third way to filter potential candidates and that is amending the Settings for your account.
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By confirming a relationship with a trader it is possible to copy the trades of others and receive their trades into an investment account. The first involves accessing the traders that act as signal providers and this is done by registering online. A simple process this is done through a web-browser, takes a matter of seconds and there is no need for any platform downloads. Various tools on the site facilitate account holders efforts to carry out a greater degree of research on signal providers.
Followers who will select to operate on a Profit-Sharing account will benefit from discounted Broker commissions on their trading. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. Traders create a trade through their preferred trading method and ZuluTrade then drives the trade to the main core. We are really sorry to hear that you had such a negative experience with our services. first 2 trades were not completed and not copied to investor. Following your remark, we would like to say that Traders may revise their strategy through their strategy description or their social page.
It is important to note ZuluTrade supports more than 50 different brokers so there is a high chance that your broker is among those that are supported. Upon registration with the broker and funding your account, ZuluTrade will send your ZuluTrade account credentials to the registered email within 2 to 3 days. This website should be used for general information purposes only and in no way represents professional financial advice. Now looking at DUKASCOPY as in the example above, you would pay the same 1 pip per trade with little or no slippage. DUKASCOPY’s client’s deposits are protected by the Swiss government up to 100,000 CHF and they also enjoy guaranteed liquidity of up to 50 million.
Trade With Our Recommended Broker
67% of retail investor accounts lose money when trading CFDs with this provider. I also think that Forexminute.com is a good website, it Zulutrade Forex Broker Review has very helpful information for Forex Brokers Reviews, trade bitcoins, online forex news, binary options brokers and financinal news.
The training module by Forex4You reviews the advantages of Forex trading by providing an assessment of risk and how the Forex4You is designed to decrease user risk via low minimum transaction values. Some of you might be thinking what we mean when we say ‘trading eur style’. A day trader will look to open positions and close them on the same day. To do this with some brokers would be a bad idea because of the commission and fees involved. Check if ThinkMarkets and Zulutrade fees match you trading requirements.
Thinkmarkets Or Zulutrade Who Is Better?
ZuluTrade is a Greek financial technology company that operates an online and mobile social and copy trading platform. The platform allows users to copy other traders in the forex. As of 2014 ZuluTrade had around one million users and an executed trading forex analytics volume of over $800 billion. Availability of a demo account allows traders and investors to test out signal providers without risking their own money. As well as providing automated forex signals, ZuluTrade now offers cryptocurrency signals as well.