What is Zulutrade?
Zulutrade is the innovative social trading platform ever created. Zulutrade provides legitimate service and is fully regulated by NFA and CFTC. Social trading is still a new concept introduced and I have also provided another review about Tradeo too, which is another social trading platform but in this post, I won't give comparison between both of them.Zulutrade is not a broker but it connects itself with more than 50 brokers around the world. The brokers they are working with are all legitimate and good brokers to trade. The role of Zulutrade is to provide trade copying service between the traders who have an account with their broker connected to their Zulutrade account.
To join Zulutrade service, you must have connected account between your broker and Zulutrade. For traders who have an account with compatible brokers, they need to sign an agreement whereby the lot commission of your trading account will become Zulutrade's commission and Zulutrade will take those commission to pay for the traders who provide signals while some part will go to Zulutrade and its partners.
The best option if you want to avoid all the difficulties is to open a new account during the process of registering a Zulutrade's account. After that, you will have to deposit certain amount of money to your broker. Then you are ready to copy your trades with your favourite signal providers.
Why should you choose Zulutrade for social trading?
Many traders are making money from Forex markets by just following those professional traders. One of the best things about Zulutrade is that this service has been in operation for the longest time compared to other social trading platforms. So most professional traders are there and you have absolute abundance of choices to choose from. Many chose their traders by following people who have experience copying trades there and I am also one of them because when I help you make profits, Zulutrade will award me with some commission. That's the good deal, isn't it?
Another feature of Zulutrade is its transparency. Zulutrade connects itself with all the traders who are connecting their account to their Zulutrade accounts. So every activity of those traders is automatically retrieved by Zulutrade's server. The account's data are super reliable and reflecting the real performance of each signal provider.
Also, when we copy the trades, we need speed as the delay in time may cause the slippage, which is the mistake in different price feeds. But Zulutrade has no problems with this issue. Every trade made by your providers will be copied immediately into your account. However, as it takes split second to copy the signals, you may find a slight delay but too small to consider. I have the solution for that; there is one broker that is closely linked with Zulutrade and I am going to show the reasons why you should choose that broker in Zulutrade below.Moreover, Zulutrade provides full account control to you as a copier. You can set the number of trades opened by each signal provider. For example, you don't want to open another position from the same trader while his old position is still open. You can limit the amount of risk at any given time; for example, you can set your risk meter to 10% so your loss will not exceed that 10% of your account. You can pause not to copy the signals for any period you like. You can set fixed allocation of your equity or proportional allocation; you can choose a fixed lot size to enter each trade. You can close your positions early or wait until your traders stop them but waiting is better than making your own stop because it allows your traders to do their job in risk management.
The last thing is Zulutrade protects your account privacy. You don't need to give any access detail to the signal providers. All the trades will be copied to your account directly from your signal providers' accounts.
What is the best broker to choose in Zulutrade?
I would like to introduce you to AAFX. I will explain why you should choose AAFX to become your broker in Zulutrade. Although Zulutrade accepts more than 50 brokers, I think AAFX is the best option for you. Firstly, when you choose AAFX on Zulutrade, you will be able to use Zulutrade's service for free as Zulutrade has closer connection with AAFX. With other brokers, you have to pay a small fee each month for Zulutrade copying service. However, that fee is not so significant. Second, most top signal providers are using AAFX so it can make your process of copying smoother and more flexible. Next, there is no slippage in using AAFX with Zulutrade. Slippage is the mistake in trading and it happens when there is different feed between signal providers and traders' following accounts. Last but not least, AAFX is the most well-known broker which is very reliable and fully licensed and regulated by FSA in Saint Vinvent and the Grenadines, Malaysia, and Hong Kong. Funds are deposited in standard global banks and segregated in separate accounts from the company's own account. AAFX provides automated risk management system to ensure that clients' accounts will never be negative.
My Last 20 Trades

How can we get started now with Zulutrade and AAFX?
- Step 1: Go to Zulutrade Official Website.
- Step 2: Choose Open a live account. (However, if you just want to try demo account first, just go ahead and choose demo account with Zulutrade)
- Step 3: Choose your broker, which is AAFX. (If you open demo account, you don't need to choose a broker.)
- Step 4: Follow all the instruction there and then you will have both accounts with Zulutrade and AAFX fully synchronized together.
- Step 5: You may need to deposit to your broker AAFX; the minimum deposit is just 100$ and authenticate your account by sending them some identity documents.
Note: you can take a look at the platforms and study some features of it to familiarize yourself. Make sure you know whether you are using standard lot or mini lot.
Lastly, send me an email to ponnarakhan@gmail.com. After I have confirmed your account's existence, I will contact you back about what setting and the links to the best signal providers on Zulutrade. I choose the best for you, not just one but several of them.
There is no way to lose anymore with ZULUTRADE.
I wish you good luck and the best of successes!
No comments:
Post a Comment