ZuluTrade, founded in 2007, was created in order to enable traders to share their knowledge with people interested in their strategies. In the strictest sense, ZuluTrade is considered a Forex autotrading platform, as it allows traders to automatically copy the trades of others into their own trading platform. Many also consider it a social trading platform, however, because traders can leave comments and feedback and see live feeds of other traders' activities.
The ZuluTrade platform bridges the gap between new traders and the advice of some of the most professional and talented traders globally and provides traders at all levels with the ability and ease of copying selected trades and having them sent directly to the broker accounts of the interested parties. The concept of ZuluTrade is to offer an open environment through which traders all over the world can connect with any trading platform and share their knowledge.
ZuluTrade uses the ZuluRank calculation which is a proprietary algorithm that ranks a trader by analyzing different factors such as the amount of trading activity, how often the trader logs in, the age of the signal provider, the amount of time a trade stays open, the sharp ratio, and many other factors.
Here’s how it works: Signal providers use ZuluTrade's trading station to create a trade or it can be done through their MT4 trading station. A signal provider is actually a ZuluTrade user, who trades either on a Demo or Live account. Each trading action performed in the provider’s account is sent to all ZuluTrade Demo and Live accounts in the form of a broadcast signal. While this is taking place, ZuluTrade publishes his/her results and statistics publicly through the website.
If a signal provider’s traders are consistently profitable, then more and more Zulutraders will add him in their portfolio. For every trade generated in a live account, ZuluTrade pays signal providers half a pip per lot. Half a pip usually varies due to currency fluctuations, but the weighted average could be around 4 dollars per trade per standard lot.
Traders can choose among 100.000 traders from 192 countries.
The Automator offers traders the ability to execute trades anytime of the day from anywhere by watching and notifying them when things happen and will automatically execute actions they would otherwise do themselves.
ZuluGuard is an account protection feature that monitors each trader's behavior and automatically removes a bad trader when a radical trading strategy is detected. Please keep in mind that you can consider and manually set the ZuluGuard protection later at the Advanced Mode / Settings page of your account.
The ZuluTrade patented technology services two types of traders at the same time. Professional traders who want to prove their trading systems and build a client base will continue to monitor the market and place their trades in the standard manner. But it offers automatic trading for the trader who wants to be able to trade and sleep at the same time.
Some additional features offered by ZuluTrade include an economic calendar, Forex tools such as pip, margin, profit and currency calculators.
There is only one account at ZuluTrade and the minimum deposit required is $500.
The ZuluTrade platform offers trading in Forex, stocks, indices, commodities, and binary options. Respectable mobile apps for all major mobile platforms such as iOS, Android, Windows, Blackberry, and Kindle Fire offer full functionality and the ability to be in control of an account anywhere, anytime.
Zulutrade offers traders the “Full Pack Complete Trading Platform” which consists of several trading features. The Front Terminal offers a simple and user friendly manual trading interface featuring advanced charting capabilities, unique auto-trading features, Zulu scripts which enable traders to use their own robots, Zulu Trade Trading API that allows traders to connect to their own programming environment directly with their ZuluTrade account. It is supported in 28 different languages.
ZuluTrade Full Pack Platform
The Back Office Terminal offers a full backoffice, risk management and administrative tools for account management, risk management rules, reporting and all administrator needs.
Next in line is the Open API where traders are allowed to automate all back-office operations, liquidity and price feeds are available.
The last page, the All-in-One page, offers a fully hosted trading platform with superior execution.
In total, the full pack solution utilizes ZuluTrade’s vast auto-trading experience and its back-end engine is fully integrated to the trading server minimizing execution latency.
More than 70 brokers worldwide use ZuluTrade’s cutting-edge technology.
ZuluTrade traders can participate in the broker’s forum which is easily accessible and is kept up to date.
There are also several introductory trading guides presented as animated videos.
The landing page at ZuluTrade provides several interesting charts: The performance of the top eight traders according to followers, the total performance of the top traders and a Trade Wall with specific traders currently trading and the data of their trades.
Multilingual Live Chat is available at ZuluTrade from Sunday evening through Friday evening. There is also email support and phone support to 10 different countries as well as a 24-hour hotline. The website can be assessed in over 25 different languages and there is also an online form for sending feedback.
All in all, I found the ZuluTrade.com website to be user-friendly, informative and easily navigated. The broker offers a service to traders that differs from most other Forex brokers and this is what make it a popular choice for both beginners and advanced traders. It should be noted that the service works best with AAAFx, the company’s own brokerage, which can be a good option for traders who aren’t yet committed to a specific Forex broker.
Review info: ZuluTrade
Review Date: 2017-10-30
Rating : 4.5
Reviewed By : Sara Patterson (Google+)
Very user friendly forex enviroment. Its very easy to get used to it and start trading with the help of other forex traders. It must be the busiest online forex community that i;ve found on web while searching for free trading signals. Good and professional company.
I've user zulutrade for over a year now and my overall verdict would be : It actually works! It took me some time before i managed to create a stable portofolio with over 7 traders inside , when i had loses i always had other providers compensating these losses and adding profit as well.
Once i started it using it i became a little obsessed with trading and forex in general. Its a very inovative way of making money and more importantly , it works.
Very nice and transparent service. Everything is available in zulu for a user to find good traders. Me and my brother are making money every month and thats why i came here to write a good review , good services must be rated accordingly.
if you want to be a signal provider, beware because if they dont wantthey do not pay - and make you all kind of trics
Nice looking platform , first i tried their demo account for 20 days and then i opened a live account to try my luck with small amount of money. I really love the ability to fully customize my account , setting risk limits , stop loss targets. You feel really in control there. 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.
Great service , my business partner showed me zulutrade and since then I’m pretty hooked. It takes time to find the best provider for you , but afterwards you will be greatly rewarded. Highly recommended.
zulu trade- profitable only when trust to reliable SP I found one- called like - ap-zulu I think it will come to top because it made a lot of pips per day instead of other provider .
Dudes the best invention after peanut butter seriously seems to be Zulutrade!!! You can follow, copy other followers or trade yourself separately or in combination of the three. Though providers sometimes get a bit shaky and get off track but overall the system can get you some returns.
Ciao ragazzi!! If Zulutrade does not exist, I dont know how to trade forex. It makes me small gains every day but I happy with this:) Un fantastico sistema!!!
New updates are very useful. There is also a new option that came out today - open trade chart with the numbers of open trades per day. Above the number pops up a window with info on the amount of daily profit with the corresponding date and number of open trades. The stat goes back from the beginning of the trading history of the provider showing each time the provider opened a trade.
Zulutrade is constantly upgrading. From this week live accounts are getting daily reports; providers are analyzed deeper with three new performance indications – weekly best/worst trade; ranking history chart and max open trades.
I am very satisfied with the platform and the customer support. Besides all the great features like - tradewall, performance indicators, there is also the little bomb thing that indicates how long is each provider in the system and what accounts s/he has managed;risk apetite; the portfolio they have, etc. However, what I like the most is that we get this type of high leverage ;)
I am also using Zulutrade and am pretty much satisfied with the platform. Yes FX is risky, but somewhat zulutrade manages to combine and measures this risk via the rank it provides prior to each provider - this way you know the maturity (how long s/he has been trading), risk appetite and exposure, variation drowndown....not bad to have all in one number, eh ;)
I love Zuluttade!! IT is so easy to use, and you don't really need to be a financial guru to use it. Moreover, the providers are more than enough to gain this extra cash. I really like the like the margin meter. Everytime indicates me where not to go. I have tried it with high % and with low and needless to say when % was too high I was loosing cash...I do not understand all the math and problems you are discussing above, but I am pretty satisfied with the indication. ALso it is great info of the risk appetite of the provider
Zulutrade is really an innovative platform, offering both to inexperienced and experienced traders-wanna-be an easy access to forex. I have tried the demo and auto-trading mode - both have suited me my urge to earn some extra cash with limited capital and limited losses. Great customer support as well!
What I like the most in zulutrade is that they make constantly new additions to their platform and their services. Have noticed their latest automatic allocation mode which automatically allocates number of lots to added providers. Especially for beginners I believe it is a very helpful service.
Autotrading platforms offer us the possibility to choose as many signal providers as we want (or our capital can stand :) and set for them different number of lots and trades. I have account in zulu. It is a matter of time to end up with a successful portfolio and a strategy that it really brings profit.
Very good signal service, the leader in the market! I like the latest changes, like the alchemy and the improved ranking, along with the advanced search.
They also added more broker so you have a wider choice.
There is also an iphone/ipad application available so you dont need to be infront of a PC all the time.
Without Zulutrade, I could not trade forex on my own. In the past I have followed some bad signal providers but now I have learned from my mistakes and I can recognize a bad strategy of a system.
zulutrade has done major changes!
added alchemy, where you can copy a live account's provider portfolio
removed invalid performance stats, so ranking its at its best
added more brokers
changed the provider agreement, so reckless trading means no payment!
If you do the right research and use the correct settings, zulutrade is the best signal service out there!
I think zulutrade is the best choice among autotrading platforms and for those starting at forex. Its difference is the ease of use and the reliability of the signal providers!
Agreed with Townjet from Zulutrade-Top - Zulutrade is a minefield and you have to be very careful picking providers. Do your homework and read the available blogs out there. http://zulumon.blogspot.com/
Zulutrade "can" be good place to have someone send signals to your account. But there is a catch. You really need to investigate a signal provider before you use them. And even after investigation you never know when they may just change what they are doing. One thing I always tell people about Zulutrade is "These signal providers have a way to make money in the Forex market without taking any risk." They get .5 of a pip per lot you trade with them regardless if they make you money or not. Granted it is in their best interest to keep you as a customer. Zulutrade is not about the method or currency pair a signal provider uses, it is about their money management. Drawdown on a trade, how many trades they open up at a time, if they use a stop loss, etc. (P.S. always us a safe stop loss on Zulutrade). Visit my Blog for some ideas I look at when evaluating a signal provider. http://zulutrade-top.blogspot.com/
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