ZuluTrade Reviews Read Customer Service Reviews of zulutrade com

With that said, based on the research that we have conducted for this ZuluTrade broker review, we are pleased to report that ZuluTrade offers customers a high level of protection. Generally speaking, you should not get charged any fees on deposits or withdrawals, though this may depend on the broker you choose. You should always check this before choosing what broker to partner with, as these fees can often add up without you knowing.

Today it boasts nearly one million users and executes a trade volume of over $ 800 billion. This Julutrade review will break down how it works, how it costs, live accounts, user reviews, regulations and more. Zulutrade is a social trading platform that allows users to copy the trades of experienced financial market traders. It is a great option for those who are new to trading and don’t have the knowledge or experience to make successful trades themselves.

Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs. Yes, trading through zulutrade is a pleasant and decent experience indeed. It is a great and intuitive platform with helpful features for your ease. In addition, you can even gain access to a vast collection of educational tools and assistive material to kickstart your trading experience.

How to connect your forex broker with ZuluTrade

The Zulutrade team is highly responsive and knowledgeable about the platform’s features and services. Zulutrade also offers an affiliate program that allows users to earn commissions by referring a new investor to the platform. The affiliate program is designed to help investors maximize their profits and take advantage of the growing popularity of copy trading. Affiliates can receive up to 40% commission on all referred trades. To earn, you simply need to post your own Zulutrade review and drive traffic to their landing page using your unique affiliate link.

This will also allow you to monitor an individual for a while before copying.
Once you have progressed through the various verification processes, you will be able to manage all of the various aspects of your trading and investment accounts from one centralised hub.
The broker offers traders the opportunity to trade on Zulutrade and the Mt4, with all their full functionalities.
With a minimum deposit of $300, you can start trading on any of the three account types that the brokerage firm offers.
Stocks CFDs and our new follow trading model were introduced to make our platform a true multi-investment social trading platform.

Any processing fees from your bank might have to be incurred by you. This zulutrade review breaks down each of the applicable non-trading charges for you in detail. The minimum deposit you must deposit to begin on zulutrade is $250. But, ensure that you know how to make the most of your money before investing larger sums. Many less reputable brokers try to pressurise consumers into larger financing for superior services.

How do I link MT4 to ZuluTrade?

If you do not have the extra capital that you can afford to lose, you should not trade in the foreign exchange market. Forex Brokers and ZuluTrade are compensated for their services through the spread between the bid/ask prices or there may be a cost to initiate a trade through the bid/ask spread. Profit sharing forex broker reviews accounts are subject to a monthly performance fee per selected trading system. One of the main fees to consider with CFD forex trading is spread. The broker you choose will charge spread on transactions and Zulutrade add additional spread on top. There is also a commission on winning trades (profit fee) of 25%.

What can I say about zulutrade other…

All content on comparebrokers.org is intended for educational purposes only and should never be considered financial advice. We do not recommend or advise that investors buy or sell through any financial instrument like commodities, securities or stocks. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to our users.

All social trading platforms in the forex market have limitations, but some have better quality traders that can be copied/followed and I prefer to use those platforms over Zulutrade. Overall, Zulutrade is a great platform for both beginner and experienced traders. With its easy to use interface, comprehensive educational library and copy trading capabilities, Zulutrade is an excellent tool to help traders make informed trading decisions.

Why does zulutrade ask for my passport?

This account type is popular with both beginners as well as advanced users. A demo account is a great starting point no matter who you are trading with. The same is true of the demo account in this Zulutrade review. Forex trading or trading in any other asset, it doesn’t matter, a demo trial is the perfect chance for you to trade with virtual funds risk-free but in a real simulated environment.

This might discourage clients as a few other brokers do not charge such. The brokerage firm also provides competitive research and education content. There are weekly live webinars presented in different languages. Courses and eBooks are also available for both novice and experienced traders.

What you should know about trading with zulutrade

It makes sense to try to get a base currency which matches your deposit and withdrawal currency. There are several account types that you will have to select from when you are trading through Zulutrade. ZuluTrade’s office is located in Athens, Greece from which they operate. This office is the physical presence of the company, though they do offer trading services to those around the world. Since they are primarily a copy trading service, they may not be suitable if you have no interest in actually copy trading. Also, the ZuluTrade algorithm for ranking the quality of signal providers, ZuluRank, while good, could still use further improvement.

Contact & Customer Support

The search feature comes with filters to allow you to customize your search and follow the appropriate accounts based on your trading objectives. TradeStation is a powerful trading platform that offers advanced charting, customized trading strategies and automated trading capabilities. However, Zulutrade stands out from TradeStation in that it provides copy trading functionality. This allows users to copy experienced traders and benefit from their expertise without having to manually execute every trade. Since its launch in 2006, Zulutrade has grown to become one of the world’s most renowned online social trading platforms.

The main purpose of Zulutrade is to provide copy trading services to investors. You can open a forex broker account and connect it to their trading platform and then choose an experienced trader that you wish to copy trade forex. In this Zulutrade review I explain how to search and filter different investors and how I use this as part of my copy trading strategy. Investors can follow the strategies and positions of 90,000+ traders spanning a range of financial markets.