Different brokers offer different minimum deposits, currencies supported, regulations, commission, and platform offered. The range of commission for other brokers ranges from 0. ZuluTrade has its own proprietary trading platform called the ZTP or ZuluTrade platform. AAA FX and Formax offers the ZTP platform. Other brokers have their own proprietary platform or offer MetaTrader 4 as the trading platform. We will discuss the ZTP trading platform in detail. ZuluTrade offers its proprietary trading platform, ZuluTrade FullPack along with MetaTrader 4 for its traders.

Keep in mind that profit sharing account is not available for MetaTrader 4. Other than not, there is not much to say about MetaTrader 4. It is the most used trading platform. Due to its features, traders tend to stick to MetaTrader for all their trading needs. Hence, ZuluTrade has provided support for MetaTrader. You can trade from your own custom program in MetaTrader 4. We have discussed its features below:. As this is a copy and social trading platform, at first you will be asked how much of your deposited equity you will invest, level of risk, and choosing a trader.

Traders combos are combinations of traders tailor-made by ZuluTrade which is prepared on the basis of risk and funds you have invested. Speaking of the interface, it looks different from most of the other trading platforms.

On the top portion, information of the trader is displayed. What this meter display is basically the risk exposing your account. As the meter gets higher, the exposure of the account increases. In the portfolio section, you have the list of existing traders in your portfolio.

On the right side, you can view your equity and PnL graph. On the accounts tab, you can customize your personal details, which includes your name, avatar, country, and phone number. The settings tab is where you customize your portfolio settings.

You can choose the calculation method as fixed or pro-rata. ZuluTrade also offers flexibility in social trading. You can customize this switching between custom and auto. This mode auto allocates the lot size and funds depending on the risk weight you have set. The risk weight ranges from one to five. Another thing you can customize is the maximum number of open trades.

You can set it from 1 to no limit. Once you have set these conditions, the trader sends signals automatically and you follow them according to your stipulated conditions. You can also stimulate your portfolio by clicking on the stimulate icon. All your traders are added by default in the simulation but you customize which traders to keep or remove in the simulation.

In fixed mode, you specify the lot size. In pro-rata mode, you select a pro-rata percentage. Apart from copying traders, you can also trade on your own. Select the trade tab and choose your preferred asset amongst forex and CFDs. Once you make your choice, you can specify lot size, stop and limit pip order, and order type market or pending. After this, your order will be placed. Trade independently if you are confident about the market conditions and your trading skills.

To view your active positions, click on the positions tab and here you can see a list of your opened positions. You can lock or close these positions if you wish to do so. Otherwise, it will be open until the trader you are following closes it. In the history tab, you can view your entire trade history. You can view your own trading history as well as the trading history of other traders.

In the invite tab, you can invite your friends you can earn 0. You can connect to Facebook and invite your friends from there as well. Apart from this platform, you can also trade using MetaTrader 4, which is the most popular trading platform or you can use the proprietary software provided by your broker.

These are done on the basis of an algorithm that identifies profitable combinations of trading strategies. It is fast, simple, and effective.

Market sentiment is a useful feature that displays the current trend of traders activity on a particular market. Social charts include the live market feed for an instrument along with comments and insights on that market. Here traders exchange their opinions and views, and advice new traders on how to profit from the market. You can ask all your trading related questions here and expect swift replies from traders all around.

when they have a bad trading strategy. Using ZuluScript, traders can create their own trading indicators and robots. ZuluScripts are written in ZuluTrade Query Language ZQL. This language is compatible with other forex scripting languages. Think of as a trading personal assistant. You can set your own automated rules and the automator will automatically execute trades based on these rules. Pip Calculator : This calculator will calculate your pip value depending on the instrument, lot size, lot type, and the pip.

Margin Calculator : The forex margin calculator calculates your margin depending on the instrument, lot size and type, and the leverage ratio. Profit Calculator : Entering the instrument, lot size and type, and the opening and closing price will calculate your profit. Currency Converter: Entering the amount and currency, you can calcuate the desired currency value. ZuluTrade mainly trades in forex pairs and CFD assets such as commodities, cryptocurrencies, and indices.

ZuluTrade also offered binary options by partnering with SpotOptions but after SpotOptions terminated its operations, ZuluTrade no longer offers binary assets. Popular commodities include natural gas, oil, copper etc. In total, there are over assets offered by ZuluTrade. With all the hype going around crypto , it makes sense ZuluTrade offers major cryptos for trading.

However, they will add more cryptocurrencies in the near future. Just like other assets, you can trade cryptos both manually or automatically.

You interlink your account with a broker that you chose from the list of ZuluTrade supported brokers. The modes of payment include Visa, Zulu MasterCard, PayPal, Neteller, Skrill, Wire transfer, and many others. In addition, they have call centers set up in the U. K, Germany, Russia, Spain, Greece, Mexico, Colombia, Japan, China, and Australia. You can also leave a feedback on their website by rating their website. You can also post on their forums for an issue.

Here are the pros and cons of this social trading broker. These will help you to judge these broker on the basis of its strengths and weaknesses. We have reviewed all the features of this popular social trading platform. It is a great platform to interact, learn, and copy trades from other traders.

ZuluTrade has one of the most diverse social networks of experienced traders. With a vast choice of regulated brokers, feature-rich proprietary trading platform, unique features, and most importantly easy and profitable trading has made ZuluTrade earn our seal of approval. Reviewed By Option Invest. Demo Account. Open Account. Last Updated: August 28th, Overall Rating. Desktop Experience.

Mobile Experience. Customer Support. In this review, we will explore the social trading of ZuluTrade along with other features. You will also find out if ZuluTrade is legit or a scam. ZuluTrade Review: What is ZuluTrade? Currently, it has one of the largest trading social networks with millions of active traders. Open Account With ZuluTrade. ZuluTrade Review: A Brief History Of ZuluTrade. Why Choose ZuluTrade? One of the largest social trading networks Over 30 brokers offering ZuluTrade support Low deposit fee Profitable social trading with top traders.

Low spreads, low commission No hidden fees Regulated by HCMC Trade history available A wide range of trading tools Variety of trading instruments Multi-lingual customer support. That being said, ZuluTrade has its own broker, AAA FX. ZuluTrade Sign-up and Login process. The sign-up process is described below:. Sign Up. Step 1. Step 2. Step 3. Step 4. Step 5. Alternatively, you can sign-up using your Facebook or Google account. ZuluTrade Login. You can also use social media such as Facebook and Google to login to your account.

Open DEMO Account With ZuluTrade. Account Types. We will describe the two account types now: Classic Account: In a classic account, you can trade both manually and copy-trade. You have to customize your portfolio when creating one. With classic accounts, you can enjoy standard volume based commissions.

Profit-Sharing Profit sharing account is intended for beginner traders. Get profit sharing account. Get Classic Account. ZuluTrade Mobile App. The SMA Simple Moving Average and EMA Exponential Moving Average are both indications of technical statistical readings f the price movement. These are used to fill in the effects of the proven volatility and creates a more lucent picture of the price trend changes.

The Parabolic Stop and Reverse parSAR which is a time and price-based indicator. It tracks the price as the trend extends over time. Additionally, ZuluZTrade charting possesses an indicator that uses average movements that track trends and momentum. This indicator is very useful and is called MACD Moving Average Convergence-Divergence.

When the average movement goes towards each other, convergence occurs, and when the average movement goes away from each other, divergence occurs. Another indicator is a momentum indicator.

This is called Stochastic Oscillator and it follows the speed or the momentum of the price, as the momentum changes direction before price. On the other hand, the Bollinger Bands indicator is a volatility band that is placed above and below a simple moving average.

When volatility occurs, it basically indicates the level of deviation from the average price. Lastly, another indicator that is highlighted by ZuluTrade is the Average directional index ADX. This indicator measures the strength of the trend without taking the trend direction into consideration.

Plus, the charting capability of ZuluTrade supports three types of charts: Candlesticks, Bar, and Line. We can say that the charting capability that ZuluTrade offers its clients are a good deal and is worth it.

It is easy to trade with the ZuluTrade platform. First, you should be on the official website of ZuluTrade and browse to choose a Trader that you wish to follow. From there you can check and read about the available Traders to choose from. You can read about their reviews, ranking, performance, etc.

Before using real funds, we highly recommend first getting a demo account to make yourself comfortable with the platform. ZuluTrade offers free demo accounts that are available for both new users and experienced users.

The process of opening a demo account is easy. First, you need to register by giving in necessary details like your full name, email address, phone number, and create a password. Then, select what account type you prefer Profit Sharing or Classic and select the account properties like balance, leverage, etc.

You should receive a verification email on the email address you registered. All you need is to click on the verification link, then your demo account will be automatically activated. You should fill in up necessary details like your first and last name, email phone number, and create a password to secure the account.

After completing the process, you should receive a verification email on the email you registered. You would need to decide and choose the type of account you prefer — Profit Sharing or Classic. Then you should select as well the broker that you wish to collaborate with bear in mind that you can use an existing broker account or you can create a new one through the ZuluTrade platform.

You should fill up the requested information to complete the process. Once everything was given correctly, the setup process usually takes 2 to 3 business days.

ZuluTrade then will send you the login details of your ZuluTrade account once your account is fully set up and funded through your broker. If ever you have not received your account login details in the given time, please contact your broker directly to ensure that the application is complete, as well as required documents and funds have been received and approved.

Please be aware that parameters such as the minimum deposit, account trading size, base currency, leverage, etc. are all broker-related. Zulutrade platform offers 2 types of accounts: Profit-Sharing and Classic Account. Profit-Sharing Account is most recommended to all types of users, either a beginner or a professional.

This is due to the fact that this account is easy and has a simple way to trade, and no experience is required. You may also do manual trading, however, it is not recommended. With this account, you are aligned with your traders. While you trade with discounted commissions, your traders are paid off for the profits they generate in your account.

On the other hand, the Classic Account is recommended for advanced or experienced users. You can perform both, manual and copy-trading with this account. It is manageable, allows you to update your trading signals, close trades, lock a Trader, or your trades. Plus, you would have access to advanced features. The method is depending on the broker you choose. There can be fees or it is free to deposit and withdraw.

The minimum deposit to activate an Investor account depends on the Broker that the user chooses to collaborate with. Furthermore, there are no charges or fees from ZuluTrade to open accounts with any of the collaborating Brokers. However, it would be best to confirm if there are any changes with your broker.

ZuluTrade has multilingual customer support that operates 24 hours a day, 5 days a week. The operations start from Sunday UTC to Friday UTC. The languages supported are English, German, French, Italian, Spanish, Portuguese, Russian, Arabic, Japanese, Chinese, and Greek. You can reach their agents through phone support, email support, and live chat support.

Users around the globe have rated their customer support with a 4. Additionally, ZuluTrade offers a Trader Guide to its users to help them better understand the process.

Also, there are free knowledgeable articles and blogs that you can read and get insights from. ZuluTrade has made possible a platform or software that allows traders to copy trades from the best traders. The software is indeed unlike any other because of its special features, good charting indicators, and advanced settings.

It is secure proven that it is regulated and chooses reliable and legit Brokers in the trading industry. It has its own security features that will give you confidence in investing. It has very good customer support and has quality service. ZuluTrade gives you the freedom to choose and offers you more options in trading with your own rules.

We recommend this platform because of its reliability, uniqueness, and excellence. ZuluTrade is one of the best existing trading platforms. It can convince all along the line. Also, beginners can have an easy secure and smart start. ZuluTrade is one of the best social trading platforms. It is transparent and you can choose a broker you want. Last Updated on March 31, by Andre Witzel. Risk Warning: Your capital can be endangered.

Trading Forex, CFD, Binary Options, and other financial instruments carries a high risk of loss and is not suitable for all investors. The information and videos are not an investment recommendation and serve to clarify the market mechanisms. The texts on this page are not an investment recommendation. 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.

You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past performance is not indicative of future results. This site uses cookies. By continuing to browse the site, you are agreeing to our use of cookies.

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Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. Changes will take effect once you reload the page. ZuluTrade review and test — how good is the copy trading platform? Table of contents:. What is ZuluTrade? Is ZuluTrade regulated? ZuluTrade official website. ZuluTrade is based in Greece and Japan.

Spreads from 0. Vantage Markets. Register as trader or investor on ZuluTrade. ZuluTrade is EU regulated by HCMC. com — Open your free account.

The word ZuluTrade goes hand in hand with social trading. Our in-depth ZuluTrade review will inform and enlighten you on the features of this social trading platform. ZuluTrade is an automated social and copy trading platform. This broker provides a lot of unique features to their traders.

You get to trade Forex, CFDs, and cryptocurrencies with this broker. Their main focus is on social trading to make trading easy for beginners. ZuluTrade has established itself at the apex of the social trading industry. Founded in by Leon Yohai and Kosta Eleftheriou, ZuluTrade is based in four countries; Greece, United States, Japan, and the United Kingdom.

ZuluTrade started its operations with the aim to reduce the skill gap between the advanced traders and new traders. ZuluTrade has the most diverse trading network. There are more than signal providers from over countries. ZuluTrade is led by CEO George Ilias. Other prominent members include CFO Dimitris Lathouras, Business Development Director Anastasios Frangos, and head of reporting George Riskas.

This includes popular brokers such as Triple-A FX, Formax Prime Capital, FXCM markets, AvaTrade, Intertrader, AxiTrader, Pepperstone, and many others. ZuluTrade was founded in the year by two Greek entrepreneurs, Leon Yohai and Kosta Eleftheriou. Kosta left the company in the following year. This concept picked up the pace and by ; there were more than signal providers on his site.

In the year , ZuluTrade added more features to the website such as ZuluGuard. By , the company expanded to employees. In the next few years, ZuluTrade entered an acquisition phase by acquiring a regulated investment adviser, Market Crew Independent Adviser Co Ltd and partnered with Japanese broker Arena FX Co Ltd.

In , ZuluTrade partnered with Formax Group and transformed into a fintech company and expanded to cryptos. Currently, it stands as one of the top social trading platforms in the industry and strives to continually improve themselves. There are over 30 brokers registered with ZuluTrade. All these brokers are registered with the European Union. AAA FX is regulated by the Hellenic Market Capital Market Commission HCMC of Greece.

This means it is also MiFID regulated. The sign up and login process of ZuluTrade is quite simple. It will take you 10 minutes or less to start trading with ZuluTrade.

Fill in the details on the sign-up form such as your first name, last name, email address, password, and mobile number. Next, choose between a demo account and a real account. If you choose a demo account, you can switch to real trading later. Your account will be created and you may need to verify your account via email or telephone number. Once you have created your account, all you have to do is enter your email and password to login to your account. ZuluTrade offers a free demo account to its users.

Simply sign up using an email and you can start trading in a virtual environment. When you first create a demo account, you will be asked to choose between a profit-sharing account and a real account. As discussed above, the profit sharing account is intended for beginners and the Classic account is recommended for advanced users.

Next, you will be asked to specify the account details. You need to choose your preferred base currency, balance in the demo account and the leverage on assets. This is what sets ZuluTrade apart from the rest of the competition. The ability to select your preferred leverage is also significant because you get to choose your own risk level.

The leverage level ranges from to all the way up to The options for base currency include USD, EUR, GBP, JPY, AUD, CHF, and BGN. Once you have specified these details, your demo account creation is completed. You need to verify your account using the email used in account creation.

In the demo environment, you will be first prompted to complete a few actions. The risk appetite level ranges from conservative to moderate to aggressive and finally highly aggressive. Such customization allows traders to manage their risk levels along with the regular risk management tools.

There are two account types in ZuluTrade; Classic and Profit sharing. When opening a demo account, you can choose either of these two.

When choosing an account type, you have to choose your preferred broker and will be redirected to their site to create an account with them. In a classic account, you can trade both manually and copy-trade. ZuluTrade recommends a classic account for experienced or advanced traders. Profit sharing account is intended for beginner traders. The trading happens only through the ZuluTrade platform.

As the name suggests, in a profit-sharing account, you share the profits with the trader you are copying. In the case of a negative monthly PnL, performance fee will not be deducted. The trader whom you copy is instead penalized.

If you are not confident about your trading skills, you can start with a profit sharing account and switch to a classic account once you feel you can trade on your own. There were no delays in trade execution. We tested our trading on an Android device and the overall experience was satisfying. All the features of the desktop platform are available and we received notifications on any important update. ZuluTrade is partnered with over 30 brokers.

Hence the trading platform depends on the broker you choose. ZuluTrade has its own broker, AAA FX. The availability of a broker depends on the region you are in. For example, if you reside in any European country, you get access to 35 brokers. From our region, we had the option to choose from 41 brokers. Different brokers offer different minimum deposits, currencies supported, regulations, commission, and platform offered.

The range of commission for other brokers ranges from 0. ZuluTrade has its own proprietary trading platform called the ZTP or ZuluTrade platform. AAA FX and Formax offers the ZTP platform.

Other brokers have their own proprietary platform or offer MetaTrader 4 as the trading platform. We will discuss the ZTP trading platform in detail. ZuluTrade offers its proprietary trading platform, ZuluTrade FullPack along with MetaTrader 4 for its traders. Keep in mind that profit sharing account is not available for MetaTrader 4. Other than not, there is not much to say about MetaTrader 4.

It is the most used trading platform. Due to its features, traders tend to stick to MetaTrader for all their trading needs. Hence, ZuluTrade has provided support for MetaTrader.

You can trade from your own custom program in MetaTrader 4. We have discussed its features below:. As this is a copy and social trading platform, at first you will be asked how much of your deposited equity you will invest, level of risk, and choosing a trader.

Traders combos are combinations of traders tailor-made by ZuluTrade which is prepared on the basis of risk and funds you have invested. Speaking of the interface, it looks different from most of the other trading platforms.

On the top portion, information of the trader is displayed. What this meter display is basically the risk exposing your account. As the meter gets higher, the exposure of the account increases. In the portfolio section, you have the list of existing traders in your portfolio. On the right side, you can view your equity and PnL graph. On the accounts tab, you can customize your personal details, which includes your name, avatar, country, and phone number.

The settings tab is where you customize your portfolio settings. You can choose the calculation method as fixed or pro-rata. ZuluTrade also offers flexibility in social trading. You can customize this switching between custom and auto. This mode auto allocates the lot size and funds depending on the risk weight you have set.

The risk weight ranges from one to five. Another thing you can customize is the maximum number of open trades.

You can set it from 1 to no limit.

are all broker-related. Now you can focus on completing your portfolio of binary traders. Read More ». ZuluTrade chooses the Combos thoroughly by this qualification. Customer support. In , ZuluTrade was founded by Leon Yohai.

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