Contents
ZuluTrade is an innovative copy and social trading platform, offering a smooth and simplified copy trading experience. Investors have at their disposal several investing options, like Traders, Combos and xcritical Baskets. By copying other traders, investors have access to multiple instruments, including FX, cryptos, indices, stocks and commodities. ZuluTrade reviews by verified customers, cashback rebates, expert ratings, spreads & fees, leverage, demo accounts, downloads, trading platforms and more.
They will then review and decide if you can be accepted or not. ZuluTrade is ultimately one of the best and most popular platforms for copy trading in the industry. As a copy trader here you will be copying signal providers on the platform with a range of different features on offer depending on your level and goals. A pioneer in the arena of “social trading,” ZuluTrade presents individuals with a method of consulting and copying the trades of other traders in real-time. ZuluTrade is an attractive alternative for individuals who are just starting out or those who simply do not have the time to fully engage the forex market. The economic calendar provides access to fundamental data, allowing traders to get an insight into historical volatility and trends.
Copy Trading Review
Her xcritical platform reviews, news, blogs and guides are meticulously researched, fact checked, and updated on a regular basis. I could find no downside to the account opening process at xcritical. An xcritical account takes mere moments to open and you can be trading in minutes with a low minimum deposit.
- ZuluTrade accepts account deposits with bank wires and cards.
- The table below shows some of the key pros and cons in each area of the broker.
- For this review we tested FXDD, premium account, plus we collected secondary information from reputable sources, as well as user generated reviews.
- Read on this review to learn more about the platform, how it works, and whether you should sign up today.
Also, they have a Portfolio Management License from the European Union. There is little doubt that xcritical stands out from the competition when it comes to the number of platform options it provides. It is also an excellent choice for copy trading with a good thriving community of traders. xcritical also stand out in their offering of educational material and resources. In addition to this level of regulation, all client funds are held in segregated accounts to protect their funds should anything happen financially to the platform.
Does ZuluTrade accept applications from residents in Canada?
However, they still take commissions from followers for my work. And I can suspend my Zulutrade account only when all orders on the account are closed. You earn commissions on the trades of each user you invite.
- Because the risk factor is high in foreign exchange market trading, only genuine “risk” funds should be used in such trading.
- This feature allows you to select traders with the best consistency while avoiding those who may have had a good trading week but a disastrous trading year.
- Remember that software’s past performance does not ensure future results and you may lose some or all of your invested capital.
ZuluTrade provides traders with performance indicators and graphs, as a form of evaluation to the performance of the signal provider’s trading activity and performance. This will give you a more transparent trading experience while copy trading with ZuluTrade. The ZuluTrade auto trades platform is a social and copy trading platform xcritical official site that allows you access to an online trading community. ZuluTrade is a social copy trading platform that allows you to duplicate trades or expert traders and use it as your own. With its range of support features, including video tutorials and a discussion forum, there’s plenty of information to help you get started.
How Do I Start Trading?
You should still do your due diligence before placing any copy trades even with one of the best copy trading brokers around as Zulutrade is. As a copy trading broker, ZuluTrade has very strict criteria in place as to which traders can be featured as those “traders to copy”, and at the top traders on their leaderboards. This move is a positive one for you as a trader since it limits the likelihood of so-called “lucky traders” being copied. Zulutrade has a couple of key locations around the world from which they operate. These offices are the physical presence of the company, though they do offer trading services to those around the world.
The table above shows the recommended brokers that allow investors and signal providers to easily link an MT4 account to a ZuluTrade account. To find out more about each broker, or for our complete review and user ratings, click the corresponding logo. ZuluTrade demo account gives users the chance to test the broker’s pricing and execution on several asset classes, without risking any real money.
Community
It is gradually revolutionizing the world of trading as it gives quick access to reliable trading information from top-class expert traders and allows users to earn without first learning how to trade. To be honest, social trading is just like traditional trading, the only difference is that investors get tips from other traders and follow the actions of experts. But, like the highly speculative market, it is very impossible to predict the outcome. This type of social trading is very similar to copy trading but there is a slight difference between the two. With mirror trading, traders are essentially following the exact steps that an expert takes.
- The copy trading option on xcritical is too limited compared to other platforms.
- Followers are traders who are allowed to duplicate the strategies of signal providers and other followers.
- Milan Cutkovic
So now my funds are allocated, let’s go and have a quick look at how this looks. So my trader dashboard will look a bit more interesting now. So these are the trades that I’m following here on the left, there’s no data yet though.
At least $100 must be kept in the broker in order to use Zulutrade with it. We are extremely proud of our global reputation for reliability, trustworthiness, https://xcritical.online/ customer service and client satisfaction. Ultra-competitive pricing and fairer charges, so more of your money is invested in the markets.
