Is ZuluTrade a scam or is it real?

He has also blown up 1 account, at one point a follower had to beg him to stop buying the Euro and asked him to take a short as it was the more logical position to have, again are the trades logical. We have an actual system that we explain in great detail. Do you understand the system and how it performs, is it a logical approach to trading, and do you understand that logic?

First 2 trades were not completed and not copied to investor. ZuluTrade platform is well designed and documented with intuitive and user-friendly interface and features. We are transparent and we provide by far the most detailed view on trading systems that are on our platform. Thank you again for taking the time to share your experience with us. It’s so easy to use for a beginner like me who literally has no knowledge and zero trading skills. I could have never imagined that copy trading can be so much fun.

Zulutrade have gone horribly wrong here in my opinion and when i confronted them about it they said it is what it is, they dont offer pamm they have their own system and well if it works for some great. I really love ZuluTrade, I have made a lot of money with it, without having to worry about trading at all. ZuluTrade compensates its traders up to $5 per $100K traded or $5 per standard Forex lot. Social Charts provide the community to share ideas and provide analytics to each other. Traders at ZuluTrade receive volume-based compensation, equal to $5 per $100K traded.

ZuluTrade Regulation

Exinity Limited is a member of Financial Commission, an international organization engaged in a resolution of disputes within the financial services industry in the Forex market. Shares is a social investment platform that gives everyone access to the stock market and improves the investment experience by letting users engage with an active community. Anyone with any amount of money can buy fractional shares of stocks and ETFs with no minimum investment. Shares investors are everyday people from all backgrounds who come together to connect, learn and build solid financial futures – within a lively investment community.

• This setup makes it possible for anyone, with any level of experience, to trade without having to worry about being on top of the market at all times.
• When in doubt, you should consult a qualified financial advisor before making any investment decisions.
• However, before you register a signal provider account, make sure you have the appropriate experience.
• The platform is user friendly, allowing rookie traders to get the most of their strategies.

Find a trader who is agile and receptive who can adjust or even stop their EA as the market demands. Find a trader who employs a short-term approach and who monitors stop levels carefully and only opens a small number of trades, all that reduces drawdown. Lock Trade- This allows you to confirm the trading process when the signal is received. You will need to provide basic documents if you want to open a broker account through ZuluTrade. Zulutrade offers My Investor Account, My Trader Account and Affiliate Account. It is likely you will be doubling up on educational resources by connecting with Zulutrade since your broker likely already has an educational section.

Good traders if you can find them. More data tools needed

Forex trading is a high risk endeavor and it is common knowledge that most beginners lose money before they can even begin to understand how to successfully trade the forex market. Stories of people losing all the money in their trading accounts overnight due to a big swing in currencies aren’t uncommon. As with most forex brokers, commissions and spreads are paid as per normal. You can potentially save on trading costs by using ZuluTrades very own forex broker – AAAFx.

80% of employees would recommend working at ZuluTrade to a friend and 74% have a positive outlook for the business. This rating has decreased by -6% over the last 12 months. Comparebrokers.co needs to review the security of your connection before proceeding.

• Get easy access to Cryptocurrencies, Stock Indices, Commodities and Forex markets from a single account.
• Is there such a platform that exists which allows you to copy trades from the best traders?
• It has the best support that offers you several language options for its customer service, gives you free video tutorials, free Blogs, offers free demo accounts, etc.
• Trading in any type of financial product including forex, CFDs, stocks, and cryptocurrencies involves a high level of risk.
• xcritical often get mixed reviews because it is a home for many different traders that you can follow.

3commas Cloud provides partners and their customers with pro tools to efficiently trade cryptocurrencies. Set up a digital asset trading platform in your local market. The 3commas cloud solution allows a wide range of institutions to launch a SAAS platform that offers global cryptocurrency trading capabilities like a pro. We limit technical challenges for platforms and partners. We want you to focus on your users and local fiat access to get the maximum profit for providing cryptocurrency trading. ZuluTrade is an online social wealth management platform where you can share or copy the signals of othexcriticals.

CryptoRobotics

I don’t disagree with this policy in fact I actually like it. xcritical however keeps the money they do not refund to the follower. Traders that hold their trades are punished by the Zulu ranking formula up to 25% lower. Traders can also improve their ranking by 25% by posting a you tube video of their strategy. It used to be you ranked higher the more money you had following you because they wanted SP’s to promote the site. If you take less trades Zulu makes less money and no one is in this to not make money.

A community-driven exchange for cryptocurrency that is simple and secure. Founded in 2017, Decoin is an exchange designed at its core by the crypto community for the crypto community. Our mission is to provide the most transparent and innovative Pro social Trading platform for our top traders, with maximum-security elements.

The Automator can monitor your account 24/7 and act as your personal trade assistant by notifying you when certain events occur or execute a predefined action you would have otherwise have done yourself. I like how you can set rules to lock in profits once a target xcritical website is reached, update stop loss for selected trades, close trades that are profitable or to simply notify you. Creating a rule is simple, you simply give your rule a title, a short description and set the conditions and actions you would like to happen for your rule.

My favorite copytrading platform!

With our innovative automated trading platform, you can copy the very best traders in just a few simple steps, easily creating and monitoring your own rich trading portfolio in real-time. Making sure that the strategy providers available for our clients to choose from are eligible, is very important to us. Not just anyone can become a DupliTrade strategy provider. All accounts displayed on our site are the real accounts of traders with years of proven track records, trading with real money. Tools for crypto traders to maximize profits, minimize risks, limit losses across multiple exchanges, and more. 23 supported exchanges, multi-level referral program, public API, all of your crypto accounts in a single portfolio, free mobile apps, paper trading.

The vast partnerships with global brokerages grant maximum cross-asset exposure and strategy diversification. The cost-structure in the profit-sharing account may be too steep for many retail traders to bear, which is our most significant area of concern. This trader has a demo account and makes rules everyday and then changes them without warning. He says he will set a stop loss and then decides to change his mind the same day. xcritical should not allow this to happen and all signal providers should be trading with real money.

ZuluTrade then broadcasts the results and statistics via its website. There are also multiple phone numbers you can call depending on your location around the globe, and email () is also available. The support team is ready with detailed and professional answers to questions as well as a fast response to any problems you encounter.

ZuluTrade Social Trading

Take a look at the trading history of the trader, and be sure they’ve made money and have been doing it regularly for a long period of time. They might also have an increased spread or additional commissions depending on the brokers. Investors do not pay additional fees for following traders. The proprietary Zulutrade+ platform is web-based and extremely user-friendly in how it is put together along with providing access to a great range of tools to help you in trading. Through this platform, you will also be able to engage with many social trading features offered by Zulutrade including the ability to comment on trader portfolios and more. Trading spot currencies involves substantial risk and there is always the potential for loss.

Because the risk factor is high in the foreign exchange market trading, only genuine «risk» funds should be used in such trading. 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 accounts are subject to a monthly subscription fee and a monthly performance fee per selected trading system. You’ll get manual or fully customized copy-trading and regular volume-based commissions. However, before registering a signal provider account, ensure you have the appropriate experience.

Essentially, it allows traders to copy the trades of experienced traders in the forex and financial markets to achieve a level of automated trading. However, the social element also enables traders to leave feedback and share xcritical rezension ideas. Today it boasts around one million users and executes a trade volume in excess of $800 billion. This ZuluTrade review will break down how it works, covering costs, live accounts, user reviews, regulations, and more.

And I can guarantee you that’s a lot harder than a few clicks & a phone call. Investors and traders must open an MT4 account with a partner https://xcritical.pro/ brokerage firm and link it to a ZuluTrade account. Following the initial setup, ZuluTrade automates all subsequent procedures.

Our invaluable educational resources provide the ultimate trading guide. Fund your account for free with these quick, easy and secure methods. Financial markets and your HotForex account are in the palm of your hand with the HF app, use it to help you understand the markets with trading tools and the latest news, updates, and financial analysis. The updated HF app now features direct access to your myHF area. HotForex offers various accounts types, trading software and tools to facilitate individuals and institutional customers to trade Forex and derivatives online.