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.
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||Forex, Commodities, Indices|
|Comissions||Depends on selected account type|
|Payment Methods Available||Multiple methods available based on selected Broker's network|
|Regulated by:||HCMC within EU and N/A for RoW|
|Trading Activity Fee||Depends on the selected flavor|
|Premium Account||Profit sharing account, with Combos+ available|
|Platforms supported||MT4 and ZuluTrade+, FXCM Trading Station|
|Support Services||Live Chat, Phone, Email|
|Languages Supported||English, German, Spanish, Russian, Arabic, Chinese, Japanese, and Greek|