ZuluTrade
ZuluTrade is a trading platform for both traditional stocks and cryptocurrency. They have a demo version and a live version of the account that allows users to either trade manually or copy more successful traders in forex.
What is ZuluTrade?
ZuluTrade is a trading platform for both traditional stocks and cryptocurrency. They have a demo version and a live version of the account that allows users to either trade manually or copy more successful traders in forex. The company operates an online and mobile social and copy trading platform that has made profit for millions of users since it was founded in 2007.
Why Trust ZuluTrade?
Aside from its copy-trading feature which, according to ZuluTrade, makes a profit for 74% of their users, they also have other amazing features such as:
Automated Trading
ZuluTrade's automated trading feature executes pre-set rules for entering and exiting the markets. Then setting parameters for positions, such as trailing stops and pledged stops and orders to open, combined with a thorough technical analysis of the market data will significantly increase the chances for profit.
Profit Sharing Plan
This is ZuluTrade's compensation model for traders and investors. The profit is split as 75% for the investor, 20% for the trader, and 5% for Zulu. This only takes effect if there is a profit. If there is no profit then there will be no fees. And to ensure that the trader does not squander his investor's fees, the trader will only be paid in half at first and the other half will be given depending on their performance.
ZuluGuard
This is their account protection feature which actively monitors the user's trading while trying to make a profit. ZuluGuard will automatically remove the trader when it detects a trading strategy has deviated from its expected loss profile. This safety feature is available for all investors and is mandatory for the US and European versions of the product.
Pricing
The monthly Subscription Fee has been fixed to $21 per Investor.
Reviews
ZuluTrade offers great advantages for traders of all levels. It is user-friendly and has an ever-increasing number of users who have come to trust the service. Many have been using it for years without complaint. Overall, ZuluTrade is an excellent trading platform.