ZuluTrade is not just an international broker, but a full-fledged online service for optimizing trading.
The peculiarity of the company is to provide access to trading signals generated from connected managing traders. You can save time and eliminate the need to independently study the process of analyzing financial markets by copying the deals of successful participants in the system.
The company has existed since 2007. But it became especially popular only after 2011. To date, the total number of registered participants is several hundred thousand users. According to data service now the participants are more than from 192 countries of the world.
The company was founded back in 2007 by Leon Yohai. The main activity is the provision of analytical materials, forecasting, research of financial markets. This is an international company for citizens of different countries.
How is the trading system ZuluTrade work?
ZuluTrade is not much different from the standard system of brokers. You also register your personal account, replenish the deposit, download the trading platform. After that, you can connect to the selected trading signal or investment program. Thousands of managing traders offer their developed trading strategies, signals in which you can also copy.
It works as a full-fledged trading automation system. Choose an investor and activate the mode of automatic execution of transactions in the trading platform. You just have to control the situation and that’s it. From the rating on the official website of the broker, we managed to find out that the most successful trader has in his account $ 2 million dollars, and his transactions are copied by more than 1,800 registered customers of ZuluTrade.
In addition to connecting the service of copying transactions, the user can manually open orders on standard trading conditions.
Infrastructure
ZuluTrade hasn`t any direct competitors, as the system is built on a unique structure of social trading. Unlike other brokerage companies, the Zulu team is actively working to improve the conditions for registered users.
In particular, the following options are available to all customers for free:
• Economic calendar;
• Alarm (the site indicates which transactions were opened in the last few hours on the most volatile assets with interest distribution);
• Connecting an automator (automatic trading, in which the user only monitors the amount of his deposit).
Investor Protection System
The company would have no potential interest among investors if the deposit protection system had not been developed for them. It suggests that the maximum drawdown contains 30%. Below this value, the client’s deposit does not fall, and all transactions are automatically blocked. The client will be able to change the investment program with a small loss and try to increase the deposit several times, but already with success.
Of course, no one can guarantee 100% profitability of trading in financial markets.
To get into the rating of traders and transfer their trading signals for a small commission to other users, it is necessary to prove their skills and professionalism. For this, the result of the trade of a potential managing trader for the past few months will be analyzed.
Advantages and disadvantages of ZuluTrade
The system has the following advantages:
• A small initial deposit of $ 300, which is available to most traders;
• Ability to test all features of investment programs through a demo account;
• No yield limit – choose among thousands of investment programs and successful managing traders;
• The ability to combine manual trading and automatic one through the connected signals on one account;
• Own trading platform with a wide range of tools and improved speed.
Disadvantages of ZuluTrade system:
• The site doesn`t have information about the types of accounts, detailed trading conditions;
• Some users write that transactions are not made in the interbank market, so there is a delay.
Conclusion
Taking into account all the negative and positive factors, ZuluTrade was able to provide loyal and attractive conditions for potential customers. Therefore, this service can be recommended by the user from any parts of the world who want to automate trading and try new investment opportunities.
