ZuluTrade Social Trade Signals

✨ ZuluTrade Review

ZuluTrade is a trading network that allows others to research and trade on your behalf through a process called copy trading, which is carried out automatically.

There are no fees to register an account with ZuluTrade. Once you begin copying signals, ZuluTrade charges 1.5 pips per full lot traded, from which signal providers receive 0.5 pips.

🔰 Introduction to ZuluTrade

ZuluTrade is a popular copy-trading network with thousands of trade signal providers from around the world. It is simple and easy to use—all you need to do is open an account and select signal providers or traders. You can then trade these signals through your own brokerage account. ZuluTrade is not a broker itself; it functions as a framework for automated trading and acts as a bridge between traders, signal providers, and brokers.

ZuluTrade Main Features

These are the main features of ZuluTrade:

• ZuluTrade supports 28 different languages and 70 different brokers in overall

• It includes thousands of different signal providers and you can choose among hundreds of financial instruments

• The available account currencies include USD, EUR, GBP, JPY, and AUD

• There are no fees to register an account with ZuluTrade

• ZuluTrade charge 1.5 pip per full lot traded, and from this fee, the signal providers receive 0.5 pip

• It supports Expert Advisors, API trading, Binary Options

• It enables both automatic and manual trading

• ZuluTrade is 100% server based and you don't need your computer on to copy any signals

🖥️ Zulu Platform and Mobile Trading

ZuluTrade offers a fully web-based, user-friendly platform that is accessible even to first-time traders. It supports trading in Currencies, Indices, Shares, and Commodities, and has recently added binary options trading. ZuluTrade also provides apps for all major mobile devices, including Android, Apple, Windows, Blackberry, and even the Amazon Kindle Fire. Additionally, it offers scripts for traders to apply their own Expert Advisors (robots) and includes a trading API that allows any programming environment to connect with the ZuluTrade system.

Starting with ZuluTrade

If you already have a trading account with one of the brokers that support ZuluTrade, follow the below steps:

(1) click the "Register" button

(2) Go to "Open a Live account"

(3) There click on the logo of your broker

If you do not have an account with a broker supported by ZuluTrade, you just open a new account with one of the supported brokers.

Supported Brokers (at the time of the review)

These are some of the most popular brokers when you select to trade with ZuluTrade:

• IC Markets (Very Tight Spreads, Fast Execution -Visit Broker)

• VantageFx (Good trading conditions, -Visit Broker)

• Avatrade (Wide Asset Range, Expensive Spreads -Visit Broker)

Other supported brokers by ZuluTrade include: FXCM, SwissQuote, Fidelis, Pepperstone, Aetos, GBE Brokers, TradersTrust, and more.

🚨 Controlling your Risk Exposure

The desired rate of leverage is chosen by entering the lot sizes.

Through the 'account settings', ZuluTrade users can select the ‘max open lots’ from the corresponding drop-down menu. Additionally, next to each ZuluTrade provider's username, users can specify the individual number of lots to be traded for each trade.

Trade Signal Settings

1. Enter the maximum number of lots

2. Set the maximum stop loss and set individual take-profit

3. Enter the maximum number of open trades

4. Automatic Mode (on/off) -Let the ZuluTrade system optimize some settings

5. Select permissible Forex pairs to be traded, and set their corresponding lot size

6. Limit the trading hours and forbid same-asset trading

7. Reverse trading signals (trade in the opposite direction than signal providers)

8. Follow other Succesful Subscribers

ZuluTrade Simulation Run

The ZuluTrade simulation-run tool allows traders to get an idea of how their account might perform based on historical data. While it is a helpful tool, it cannot guarantee future returns. However, it is useful for evaluating your account's potential exposure.

💼 ZuluTrade Signal Providers

ZuluTrade providers receive a commission of 0.5 pip per full traded lot. This commission is paid only for profitable months. If the profit and loss (P&L) for a given month is negative, the signal provider does not receive any commission for that entire month.

• Any trader can become a ZuluTrade provider. The profit or loss of any provider is 100% accurate and for every pip gained or lost there is a corresponding trade registered in ZuluTrade's back-office.
• The performance results of any provider include spreads, swap charges and of course the profit/loss from any closed position.

Signal Providers Ranking

The providers are ranked in Performance Zone based on ZuluRank algorithm. This algorithm gives extra weight not only to P&L but also to the volume generated.

Choosing Your Providers

ZuluTrade provides several fields to help users choose the right signal providers. This information includes a description of the trading strategy, provider statistics, the ZuluTrade ranking system, and user feedback. ZuluTrade providers receive a commission of 0.5 pip per full traded lot, which is paid only during profitable months. Here are some key factors traders should consider when selecting their signal providers::

• Historical monthly performance

• The Maximum drawdown (the higher, the higher is your risk)

• How long the signal provider's system is running (the longer, the better)

• The best versus the worst trade

• The average pip gain

• The average trade time

• The maximum open trades (the higher, the higher is your risk)

📌 Tip: You can download the trade history of any ZuluTrade signal provider in Excel (.xls).

🔍 ZULUTRADE REVIEW PROS & CONS

✅  ZULUTRADE REVIEW PROS (↑)

These are the main pros of the ZuluTrade Review:

(1) Choose your Own Forex Broker -ZuluTrade is not a broker and allows traders to connect their own account with the platform.

(2) Easy to Use Platform -You don’t need any trading skills or experience to trade with ZuluTrade.

(3) Control 100% your Account Risk -ZuluTrade gives you complete control of your risk exposure via tens of different filters.

(4) Accurate P&L –ZuluTrade provides 100% accurate results, for every pip gained or lost there is a corresponding trade registered in ZuluTrade's back-office.

(5) Follow Other Subscribers -An interesting feature available in ZuluTrade is the ability to follow other successful subscribers. ZuluTrade ranks signal subscribers the way it ranks common signal providers, but they also have a ranking system for the signal subscribers.

(6) Historical Performance Data and Statistics -ZuluTrade offer full performance data and analytics for every different provider.

(7) Reverse Trading Feature -ZuluTrade enable subscribers to make profits from losing traders via the 'Reverse Trading' feature.

(8) Trade without Risk -ZuluTrade offer a free Demo Account, whereby traders can test their skills without risk.

❌ ZULUTRADE REVIEW CONS (↓)

These are the main cons of the ZuluTrade Review:

(1) Many Unsuccessful Signal Providers -There are many signal providers that perform real poorly.

(2) Not all Signal providers Trade their own Money -There are signal providers that trade virtual money from a demo account.

(3) Last but not least con of the ZuluTrade review is its ranking algorithm. As it is explained below the ZuluRank incorporates the 'volume factor algorithm.

📝 ZuluTrade Review Conclusions

ZuluTrade is a solid option for copy trading, offering thousands of signal providers and a wide range of settings to tailor your configuration according to your personal risk profile.

The key to making money with ZuluTrade lies in thorough research. Many traders simply follow the top-ranked providers expecting big returns, which is not a sound approach. ZuluTrade’s ranking algorithm includes a 'volume factor'—because the platform earns revenue based on trading volume. This might seem surprising, but it's a basic principle of capitalism. Therefore, don’t rely solely on the ZuluTrade rankings. Instead, conduct your own research and carefully select the most reliable signal providers.

The goal is to find signal providers who generate steady profits month after month. Historical data can help identify such providers. Ideally, they should also be trading and risking their own funds in a real account. A more unconventional strategy is to use the ‘Reverse Feature’—trading against the worst-performing traders. Another useful feature of ZuluTrade is the ability to rank and follow other subscribers.

Before trading with real money, you can test your strategy and skills using a free demo account with virtual capital.

🔗 The Platform's Website: » ZuluTrade website

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