On-the-go investors can use ZuluTrade’s app to access all the key features available on the desktop, designed for convenient mobile use. Whether you get charged any fees for using ZuluTrade will depend on what type of account you have. Classic accounts will be charged a small fee on every trade, whereas Profit Sharing accounts require a flat monthly fee, with fees only chargeable if you turn a profit. This essentially creates a shield for your investment account and stops you incurring unnecessary or unexpected losses. 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.

  • As mentioned above, it is a regulated platform that provides users with the tools and resources they need to make informed trading decisions.
  • This plan is available to users signing up with Integrated and selected Co-Branded Brokers.
  • Extensive regulation defines ZuluTrade & their daily operations.
  • ZuluTrade is a social/copy trading platform that has developed a good trader following.
  • ZuluTrade offers a cutting-edge platform for Contract for Difference (CFD) trading, empowering traders with a dynamic and user-friendly environment.

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. 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). The Formax Group massively redesigned ZuluTrade when they obtained ownership in 2016.

Contact & Customer Support

The amount will depend on the asset and volume you are trading. Although these costs can cut into profits over a long period, intraday traders shouldn’t usually encounter these fees. ZuluTrade is a Finvasia Group company, founded in 2007 with an aim to make trading accessible and easy for everyone. Today it is regarded as one of the most innovative social trading tools in the world, operating from multiple locations including Greece, India and South Africa.

  • After the information is correlated to the personal documents handed over, they’ll be deleted from the ZuluTrade Private Servers.
  • You can connect your existing account or open a new account on any MT4, MT5, Act Trader, X Open Hub, Match Trader account from any broker of your choice.
  • To become a ZuluTrade trader you must access the Traders Program, fill the registration form provided, and submit your application.
  • If your broker falls under ZuluTrade’s ‘Co-Branded Brokers’ category, you might be subject to a small monthly fee of $10 per strategy.
  • Furthermore, you will have good insight from this easy to use platform as to whether the traders are using EAs, which broker they are trading with, and when they joined Zulutrade.

Currently, there are about 2.4 million users and over $800 billion in trade volume. With ZuluTrade’s Classic accounts, you can perform both manual and copy trading. But to begin trading, you must first connect your Broker trading platform (ZTP, MT4 or MT5) to your ZuluTrade account.

ZuluTrade Review – Additional Offerings

After prolonged court battles, the penalty was lowered by seventy thousand. Users wanting quick access to information about the platform can use the vast selection of guides and videos. ZuluTrade’s app in the Google Play Store has more than 100,000 downloads and a rating of just under four stars from more than 2,000 reviews.

Zulutrade offers different account types that cater to different trading needs. Zulutrade also offers a “Demo” account that allows users to try out the platform before committing their funds. The platform even offers excellent customer service, with support offered in 26 languages via live chat, email, the website itself, and by telephone.

As mentioned above, it is a regulated platform that provides users with the tools and resources they need to make informed trading decisions. Furthermore, Zulutrade has been praised by numerous online reviewers for its user-friendly interface and comprehensive educational library. Zulutrade has been praised by many online reviewers and users. On Reddit, Zulutrade has an average rating of 4.6 out of 5 stars with over 3,000 reviews. Trustpilot also gives them a score of 9.1 out of 10 from over 1,500 reviews. Many users appreciate Zulutrade’s user-friendly interface, advanced analytics and trading tools, and the wide variety of educational resources available.

How Do You Trade WIth Zulutrade?

You will have to make sure that the broker you have chosen is first available in your country prior to opening the account and connecting it to Zulutrade. To confirm this, you can always contact the customer support of your individual broker or read our Investingoal review of that broker. Despite the fact that our Zulutrade review has shown the company to accept customers from most countries in the world, there are still some limitations.

It is ideal in a number of scenarios to help you with profitably trading forex. As you graduate through the ranks to become more experienced, you may also have less time to dedicate to trading. This is no problem with ZuluTrade where you can entrust your chosen traders to implement a strategy which perfectly meets your risk profile. You can also pitch in with your own manual trades at any time. What you will find at Zulutrade are pure copy trading features. This means that every other trading cost and feature when it comes to things like available assets, trade sizes, and minimum deposits, is entirely related to which broker you connect with Zulutrade.

ZuluTrade Review – Types of Accounts

Leaders are compensated on a volume basis and earn 0.5 pips for each closed trade executed in a Real Investor account. ZuluTrade also has a risk score, ranging from 1 to 5, which allows you to choose a Leader that aligns with your risk appetite. You can get any knowledge about your business relationship or share it here. You can gain a lot of knowledge about your business trade by sharing information with the last people here.You can discuss it here before doing any work.

ZuluTrade is an established social and copy trading platform. With over 16 years in the market, it has been serving clients across the world with a trusted and stable platform. If using the terminal through a broker, ensure they follow client safeguarding protocols such as segregated client funds and access to investor compensation schemes. Spreads and commissions vary depending on the broker you choose to connect your ZuluTrade account to. Broker commission and spreads (the difference between the buy and sell price) depend on the volume traded by the client.

Brokers at ZuluTrade are well-reviewed and are made sure to be legit brokers. This platform only works with the best and trusted brokers in the trading industry. The TradeWall provides you with a live feed of ZuluTrade’s trading activity. I like how this shows which assets are being traded, prices, times and order status.

Founded in 2007, ZuluTrade is the most renowned social wealth management platform out there. The platform provides social trading services and enables traders to share their knowledge with investors interested in their strategies. The platform has partnered with more than 70 brokers that provide a large range of CFDs including Forex pairs, Indices, Stocks, Cryptos and Commodities. ZuluTrade’s user base amounts to more than 2 million investors and over 90,000 traders. ZuluTrade is regulated by the Hellenic Capital Market Commission (HCMC) in Greece and by Japan’s General Investment Advisers Association in Japan (2014 – No. 1058 Member Associations).

Strategies can also be added or removed at any time according to your preferences. I like how this makes ZuluTrade a flexible social trading platform for copy trading, allowing you to copy other traders if you forex broker reviews have little experience. This information is available to all users, enabling them to make informed decisions when selecting traders to follow. Accessibility is at the heart of everything that ZuluTrade does.

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