Zulutrade Review | Our Opinion
Zulutrade has been around since 2007 and was one of the first investment companies to introduce Copy Trading. The platform focuses on Forex investing and great for intermediate investors looking to copy traders and their signals. Zulutrade has now grown to one of the biggest Copy Trading platforms featuring thousands of traders and signals to copy.
Investing on Zulutrade without understanding the platform and its features is very risky and dangerous. As well as, choosing from thousands of traders can be confusing and nearly impossible to know which are the best. That is why we believe using the experts at Zulu4me is crucial to investing on Zulutrade. Zulu4me is a website that helps investors successfully invest in Zulutrade. There you can find expert information on the ZuluTrade platform, it’s features, and the best traders to choose by analyzing data. Visit Zulu4me now and let the Zulutrade experts help you reach your investment goals.
- Markets and Assets Available
- Traders Available to Copy
- How to Find the Best Traders
- Traded by Yourself
- Access among Multiple Devices
- Minimum Deposit
- Costs and Fees
Markets and Assets available
Zulutrade focuses on currencies and binary options, which is the original market of Copy Trading. The Forex Market is excellent for Copy Trading thanks to trader signals, and it’s high liquidity. However, if you want to trade other assets, there are other platforms with more options such as eToro. On eToro you can trade stocks, Crypto, and much more. Check out our eToro review here. Though, if you are looking for the best option for currencies creating an account in Zulu4me should be your first choice. However, when it comes to Forex Copy Trading, none do it better than Zulutrade and simple thanks to Zulu4me.
Traders available to Copy
Zulutrade has been connecting investors with traders for over seven years and in that time has grown its user base massively. Traders available can be filtered by categories such as real account, months trading, the percentage of winning operations and so on. You could go through hundreds of traders using varying filters, looking for performance, and track record. However the best way to find traders is using Zulu4me allowing you to directly copy the best traders in a single click, so creating your portfolio is fast and easy. They have many trader rankings that are updated weekly and found using data analyzation.
Are they real? Track Record? Info about Traders?
All of the traders on Zulutrade are real and verified, and there are also plenty of investors with real accounts as opposed to demo. You can even know how much the best real users are earning thanks to a Zulu4me tool called Real users ranking. Not only can you know which users are gaining the most, but you can also copy the same traders that they are! A must for everyone starting in copy trading.
How to Find the Best Trades
Zulutrade is one of the most transparent copy trading sites when it comes to trader information and history. Allowing users to thoroughly investigate and analyze traders to determine which are the best to copy. Examining all this data can take years of work, but you can enjoy this massive data aggregated and simplified thanks to Zulu4me. Using their Data Scraping method Zulu4me is able to analyze all this data and create ranking and charts for your convenience. Again, a must if you want real data and rankings to be one step ahead of the curve. (Zulutrade review).
Trade by yourself
Even though Zulutrade focuses more on Copy Trading, it’s straightforward to trade on your own as well. There are plenty of currency options and charts on the platform, and you only need to click buy or sell. If your strategy is more complex, don’t worry, Metatrader 4 is integrated with the platform. Even copy other users in the same account.
You don’t have to choose between self-trading and copying as both can be done simultaneously. You can copy traders who will trade for you 24h a day even if you are away or sleeping and then you can do your own operations if you see a market opportunity. You can do this either on the ZuluTrade platform or in your MetaTrader 4 account; it’s up to you!
Access among multiple devices
Zulutrade gives users access to their platform and account using their computer or mobile. The mobile app is great to manage and check your investments on the go, while the computer allows you to do more complexes operations. Another option is to use the MetaTrader platform to perform your own trades.
The minimum deposit required by Zulutrade depends on the broker you choose. Thanks to the experts at Zulu4me we have verified that the best broker to use with Zulutrade is AAAFx. The minimum deposit is $300. The rest of brokers usually offer similar minimum deposits.
The minimum amount of $300 allows you to start copying at least 3 traders, which is ideal for starting a successful account.
Costs and Fees
Zulutrade has the following fees-
Commission fee: per trade and depends on the broker, the spread can range from 0 to 3 pips (using AAAfx) depending on the trade.
Broker spread: Difference between the buy and sell price which is valued in pips and varies.
Overnight rollover fee: A small fee for keeping positions overnight, but can become large if left for months.
Start for Free
If you want to experience the platform without risk and for free open a Demo Account. A Demo Account allows you to invest with $100,000 of paper money with no minimum deposit or fee. You also get to be a part of largest network of investors in the world.
Conclusion- Perfect for Intermediate Forex Investors
Our final Zulutrade review is that: Zulutrade is the perfect platform for intermediate forex investors looking for many options and reliable copy trading. For American and novice investors it is a great platform but can be confusing and difficult to use, which is why we recommend visiting Zulu4me.com which are experts at Zulutrade and know the best traders.
The platform only offers copy trading and investing in the forex market, but is excellent what it provides. ZuluTrade has been offering this service for the last 11 years and continuously improving. The fees are minimal and are average for the industry.
Thanks for read our Zulutrade review.
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Remember that you have all the information about copy trading in our sections:
- Platforms: Information of each of the platforms of copy trading. Go to Platforms
- Guides: The best guides on copy trading. Go to Guides
- Reviews: Best reviews on copy trading platforms. Go to Reviews
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Currency trading with leverage implies an important risk for the investor and there is always the possibility of losses. These instruments carry a high risk if they are not managed properly and a profit can quickly become loss as a result of price changes. Due to the risk factor inherent to this type of trade, only funds intended for risk investments should be used. If you do not have extra capital you may be willing to lose, you should not trade in the forex market. It has never been proven that there is any system or portfolio of systems that is completely safe and no one can insure future profits or losses. Before you start trading in the forex market you should think carefully about your goals as an investor, your level as an investor and your risk aversion to determine if this is the type of investment you want to make. If you are in doubt you should seek advice from a professional financial advisor to advise you about the investment.