ZuluTrade was founded in 2007 by Greek Entrepreneur Leon Yohai, the first peer-to-peer forex autotrading network, based in United States. The concept of ZuluTrade is to offer an open environment, where traders on a global-level can connect any trading platform and share their knowledge.
Note that ZuluTrade is not a broker – it is a web-based platform that offers copy trading. In other words, Zulutrade allows you to select the Traders you wish to receive trades from, and their trades open in your account as per your settings. So, all you have to do is to select a broker from Zulutrade list, complete the registration and the broker enables the account for ZuluTrade use.
Provided that it has funds minimum 100 USD, the account will be enabled in ZuluTrade, and you receive the relevant email as well at that time
If you wish you can check “How to” here: https://www.youtube.com/user/zulutradechannel
ZuluTrade service is free. Regarding their business plan, the company is compensated by the brokers, receiving commissions for trading volume directly from the broker. They do not charge the end user any fees, and their financial agreement is established with the broker only.
Why trade with ZuluTrade
• Automated social trading
• Signal providers
• Full transparency of top performing traders
• Simulation your account’s potential performance
• Fully customizable account management
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.
|Tradable Instruments||Stocks, Options and ETFSs|
|Payment Methods Available||Credit, Debit Card, Bank Wire Transfer|
|Regulated by:||SEC, FINRA, FCA|
|Brokers||More then 70|
|Trading Activity Fee||$0.000119 per share (equity sells) and $0.002 per contract (options sells)|
|Premium Account||Robinhood Gold ($5 per month)|
|Margin Interest Rate||5 %|
|Platforms supported||Robinhood App|
|Support Services||Live Chat, Phone, Email|
|Languages Supported||English, German, French, Italian, Spanish, Portuguese, Russian, Arabic, Chinese, Japanese, and Greek|