ZuluTrade platform Slovakia Trading at ZuluTrade platform for Slovaks

Do your research into different brokers before deciding which platform to use, as the spreads can vary dramatically and make a big difference if you make a lot of trades. There are two types of account on Zulutrade and the fees vary depending on which one you sign up for. A classic account comes with no additional fees and the only commission you have to pay is that charged by each broker.

• Once you are satisfied with that, you can connect your broker with a real deposit.
• Also, there is a chance that ZuluTrade will recommend a trader to you via email.
• Read on this review to learn more about the platform, how it works, and whether you should sign up today.
• Copying trades once your account is connected is as simple as finding the best trader you like and who meets your needs, clicking “Follow”, and then selecting the amount you would like to invest.
• The chart in the History section is completely customizable.

I mean, the Zulu rank is based on things like risk appetite, and things as well. And look, these are quite low figures that are following them. But maybe they feel as though they’re quite low-risk traders, may be quite stable, maybe got a higher win rate, etc. Don’t necessarily mean they’re going to be the most profitable overall.

ZuluTrade demo account gives users the chance to test the broker’s pricing and execution on several asset classes, without risking any real money. In addition to creating a Traders’ portfolio, investors https://dreamlinetrading.com/ will need to customize the portfolio settings . You may manage your account, update your trading signals, close trades, lock a Trader or your trades and have access to advanced features.

ForexTube

Zuluguard is one of the Zulutrade attempts to provide the inexperienced follower investor with an automatic risk management tool. The Zuluguard assumption is very good and its usefulness is that we can automate some actions, authorizing Zulutrade to do them for us. The incredible thing about this section is it provides the possibility to create a portfolio management only a programmer would be able to set up. As a matter of fact, ZuluTrade, through the Automator feature, provides users with a graphic interface which eliminates the barriers of programming.

Below you have the space for the comments left by the live follower investors. When a user votes, he has also the option of leaving a comment on his profile about the work of that Signal Provider, about his personal experience, maybe also to give advice or to ask direct questions. Everything that is written is reported here, along with an average of the star votes the user have left when he commented. For each of these statements, the live follower investor has the option to answer with a number of stars, from 1 to 5.

Perhaps it is the sheer number of traders you can copy that sets ZuluTrade apart. You have access to over 90,000 traders from 192 countries. You can then use ZuluTrade’s advanced search engine to hone in on the best.

ZuluTrade Cashback rebates

All data submitted by brokers is hand-checked for accuracy. Ultimately, our rigorous data validation process yields an error rate of less than 0.1% each year, providing site visitors with quality data they can trust. The list on their website allows you to see the selection of brokers it is currently partnered with. With ZuluTrade, you have dozens of Forex brokers to choose from. For every generous monthly PnL, you will be financially compensated based on a specific model, which ZuluTrade labels as 50% Payment-Reserve Model.

ZuluTrade rebates paid by legitimate rebate providers are not a scam, however scams do exist. The most common scam is a rebate provider that marks up the spread or commission in order to pay a higher rebate than competitors. Many brokers do allow a referring party, or rebate provider, to markup costs to traders they refer.

Anyway, hopefully we will see some positive momentum from the trader by the time of our next update. As you can see from the results they like to trade on the EUR/USD pair a lot and that has made up most of their trades to date. Yes, all trades were executed as they should have been on our FXCM account. If say you had a $5,000 starting bank instead of the $500 we used however, you would have made around $580 profit, which would have covered the fees and left you with some profit at the end.

AAAFX Review

An important thing to point out, is that all operations can be sorted based on each of the above-listed parameters, in either ascending or descending order. 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. Founded in 2007, ZuluTrade is the world’s first and one of the most important online and mobile social trading platform. Over 50 Brokers worldwide utilize ZuluTrade’s cutting edge technology to provide their clients the ability of Social Trading.

If you click on the monthly button, the performance of the account or of the individual traders will be merged to a monthly basis and will be identified by a histogram. These are two very interesting ways to analyse equally interesting data. By checking the name of the single trader in the drop-down menu, you can customize your analysis for a single Signal Provider or for multiple Traders, depending on the type of analysis you want to perform. By selecting traders like this, you will have a graphical representation of their performance, not a histogram, but an equity line, much more representative of the historical performance of their operations. The best ZuluTrade feature is surely the depth of analysis with which a user can study each Signal Provider performance.

The amplitude of each color is proportional to the number of operations with respect to the total of the month. In addition, by passing over each columns’ sector you can see the actual number of operations. This is one of those details that cannot be used for analysis purposes, but that it’s good to have a confirmation of the validity and strength of the Social Trading as an investment vehicle.

Fees, limits, and payment options on Zulutrade

Zulutrade offers a feature that completely automates the trading process. You can create an account that automatically picks the best trades from the best traders and copies them over to your chosen broker. Zulutrade places trades through affiliated brokers, so the amount of leverage is controlled by those platforms. When you sign up for a Zulutrade account, you decide which brokers to place your trades with, which means you need to pick one that offers enough leverage options for you. With Zulutrade you can trade CFDs on all the most popular financial assets through its list of affiliated brokers. That means you can speculate on major and minor currency pairs, all the leading stocks, and major indices.

• Because this is one great thing about this platform, everything is so transparent.
• Welcome to a world of transparent and rewarding partnership with high CPA commissions for every referral, advanced marketing tools and innovative reporting to help you grow and monetize your own website traffic.
• Let’s suppose then that the Signal Provider continued to operate, but this time with less success.

It’s been a rocky start to our trial of social trading platform xcritical. The platform itself is very nice and easy to use but the traders we have been following haven’ been doing very well so far. It’s been a nice turnaround for the traders we are following on social trading platform xcritical, with a profit of $276 made since our last update. ZuluTrade has a strong potential for becoming the largest broker-neutral social trading platform, the company stated in its official announcement. During the new year, the broker will strengthen its current capabilities and expand its product line by moving into different markets and financial instruments.

The performance details

The platform ranks traders based on their performance and you can use that information to copy the best in the business. With Zulutrade you can find and follow the best financial traders. Its powerful social trading platform allows you to follow each trader’s every move and analyse their past performance, so that you only copy the best in the business. Read on this review to learn more about the platform, how it works, and whether you should sign up today. The primary stage is to open a live trading account and credit your trading capital.

Like other platforms, ZuluTrade has a risk-measuring tool. The Risk-O-Meter allows you to control your risk management. This is great because there is a slider you can use to control your risk. If youre in doubt, its a good idea to start with something like 10%.

Well, you can set it to 500 dollars, But what if you’re happy to just let… you know, what if it’s been some bad news just came out that disrupted a trend. But you know that once that news settles down, it will recover. You don’t really want to be closing out on position just because it’s gone 500 dollars over. Maybe… because this was a little while ago, it was several months ago and the feature was fairly new, maybe the traders weren’t used to it either and maybe they’ve adapted their style. So that’s why I don’t want to just categorically say that ZuluTrade is worthless. I kind of like it, I do kind of like this platform, I think there’s definitely potential here.

Fortunately we are just testing in demo mode as well so no harm has been done. Most of the losses to date are down to just one trader however, Gervaise, who is having a bit of a nightmare and is $130 down. The others aren’t doing too badly and in fact Safe Trading79 is $44 up. Unfortunately our demo account with xcritical reviews expired, as it seems they only let you have a demo account for a short period. Unfortunately xcritical only allow you to use a demo account for a limited period though so our trial was somewhat limited.

For our 2022 Forex Broker Review, we assessed, rated, and ranked 45 international forex brokers over a three-month time period. Each broker was graded on 108 different variables and, in total, over 100,000 words of research were produced. The goal of ZuluTrade was to respond to the lack of platforms that allows traders to audit globally and at a simultaneous rate. ZuluTrade has allowed traders to interact with othexcriticals and share their strategies among the trading community. With ZuluTrade, there are more than 30 brokers available for auto trading and duplicating strategies. However, similar to eToro, ZuluTrade has its own brokerage firm, known as AAAFX.

Of course, once you think that a provider is worth the investment, you should always test them using the demo account the system allows you to make. This is always a good idea whether you want to test a trader or you want to check out a new strategy, using the demo account before you plunge your actual money is your safest bet. FXOpen – FXOpen is a highly regulated FX and CFD broker offering multiple trading platforms and spreads from 0.0 pips.

Written by Roberto Contreras