View your detailed overall or account operation history, apply convenient filters to it and cancel your previous deposit. View contest statistics and access your contest accounts. Activate bonuses and view statistics on active and completed bonuses. OctaFX Forex Broker ensures reliable Forex trading conditions to provide traders of all skill levels with an opportunity to earn more. OctaFX, one of the best Forex brokers on the market, foxcriticals all round the world.
You can combine the trader’s signals to create your own diversified trading portfolio which can help to optimize your overall trading performance. In this post I will be reviewing the ZuluTrade forex signal online social and copy trading platform. ZuluTrade is a forex signal service that allows any level of forex trader to copy trades of other forex traders fully automated.
Trading Tutorial: How to trade with ZuluTrade
I like how this shows which assets are being traded, prices, times and order status. There is also a market sentiment tool that shows which assets were selected by ZuluTraders and investors during the last 4 hours. This platform only works with the best and trusted brokers in the trading industry. You can also follow the best CryptoTraders from around the globe. Trading CFDs on Cryptos is now a high-rising trend in the trading industry. You can auto trade cryptocurrencies like Bitcoin, Litecoin, and Ethereum with reduced commissions.
Four calculators are provided, offering investors the opportunity to compute pip values, margins, and profits, while a currency converter is equally available. Social Charts allows traders and investors to share ideas, providing analytics within the community. Investors will connect their MT4 trading accounts to their ZuluTrade account. It does provide full statistics of all traders, ranks their performance, and grants a risk assessment. Investors will have full access to all relevant information and portfolio management tools from the back-office, mobile versions are equally available. With ZuluTrade, you can view the performance of talented traders from 192 countries and follow their forex trading signals on your own trading account.
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But if you mess up and miss a trade even one time, your month can turn sour pretty quickly. But for purposes of this review, let’s assume these people had the best of intentions. The idea of making 10X on your money in a day is obviously something that would entice the masses, and so it naturally attracts a lot of bad actors into the financial products space. You’ll learn whether Forex Trading is the right online business for you. This review will go over ZuluTrade to see if it really is the best Social Trading Platform out there. All I really wanted, was to actually enjoy life – more vacations, less stress, buy myself nice things without worrying about the cost… but that was something my 9-5 couldn’t provide me.
For address proof, brokers will usually ask for a government issued photo ID or passport, along with a copy of a recent bank statement or utility bill. However, it is best to confirm all required documents directly with the Broker you choose to open an account. The trades are made via the Real Broker account of the investor.
The decade of achievements, awards, and steady access to global financial markets for over four million traders. Create trading accounts, modify leverage, enable swap-free options, edit and restore passwords. Make deposits and withdrawals using the most popular payment options.
The asset selection at this social trading platform is entirely dependent on its signal providers. LCX Terminal cryptocurrency trading software is made for everyday traders as well as professional and institutional investors. The LCX Terminal connects with major exchanges and combines it into a single trading desk. This makes it possible to interface with multiple liquidity pools to minimize spread and slippage.
The ZuluTrade platform contains many useful features including Automator, ZuluGuard, crypto trading and auto trading. However, I think eToro would be a better option in my opinion simply because they have a larger user base along with some other innovative features. It is secure proven that it is regulated and chooses reliable and legit Brokers in the trading industry. It has its own security features that will give you confidence in investing. It has very good customer support and has quality service. ZuluTrade gives you the freedom to choose and offers you more options in trading with your own rules.
ZuluTrade Trading Tools
Registered in the BVI, Bybit’s users come from all over the world, ranging from individual retail clients to professional traders. Bybit’s founder and CEO, Ben Zhou, was formerly from XM, one of the world’s largest forex and CFD trading scammed by xcritical brokerage firms. The company comprises professionals from investment banks, tech firms, the forex industry, and early adopters of blockchain. The development team includes talents from Morgan Stanley, Baidu, Alibaba, and Tencent.
Social trading brings the collective wisdom of the experienced traders direct to you. Alpha Impact is a copy-trading social media platform designed to connect followers with professional traders. Traders can earn another stream of income from sharing trades, trading knowledge, and build industry reputation. ZuluTrade is a well-known online copy trading platform for investors and talented traders globally. They are regulated, interact with over 70+ online brokers, and provide various essential features for quick and easy social trading.
- SourceForge ranks the best alternatives to ZuluTrade in 2022.
- Open positions gathered in one place with information about percentage increases, Trailing-Loss, which is missing on stock exchanges, and many other functions useful for manual trading.
- On the other hand, ppening a Classic Account to become a signal provider is a little more complicated.
- With copy trading, you can automatically mirror the actions othexcriticals make.
- The data provided is good but I would like to see an improvement in the xcritical algo that ranks the traders.
- Thus, the minimum deposit requirement, commission fees, spreads and leverage will all vary depending on the broker that you choose.
We will continue to do our best to ensure that our services meet a high standard.
Traders are socially active by interacting with forums, comments, and profiles. This creates an engaged and active community with a steady flow of knowledge and information. Try before you buy, but otherwise there are some good providers. Money management is as important as the strategy so why on earth should the person following have a hand in making that decision.. I mean seriously isnt the whole idea of someone following me mean they dont know what they are doing so now you give them the wheel at the pivotal moment when i execute a trade they ‘gamble’ the amount.
ZuluTrade does not endorse or predict the future performance of any trading method on its social trading platform. Essentially, it permits traders to copy the trades of professional forex and financial market traders to achieve automated trading. The social aspect, on the other hand, allows traders to offer feedback and discuss ideas. It now has around one million users and a trading volume of more than $800 billion. As fees can vary and change from time to time, there may be additional fees that I may not list in this ZuluTrade review. I believe it is thus imperative to ensure that you check and understand all of the latest information before you open a ZuluTrade social trading platform account.
- Investors and traders must open an MT4 account with a partner brokerage firm and link it to a ZuluTrade account.
- PrimeXBT has received multiple international awards for providing superior online trading services globally.
- Connect your exchanges and share your trades in real-time with members.
- ZuluTrade was acquired by Chinese based Formax Group for over $12.4 million, together with Dayo and AAAFX.com, the Greek brokerage owned by ZuluTrade.
- By selecting Traders’ Combos, Auto-Trading becomes easier, faster and safer.
In addition, we have created a very useful ZuluTrade tips section with subsections about selecting traders and money/risk management. With the popularity and publicity around ZuluTrade and social trading at the moment, we’ve seen the question on whether ZuluTrade is a scam or whether it’s “real” raised a few times. This social trading platform is available on PC, web, and mobile. Mobile trading is possible from any place with internet access. With ZuluTrade’s fully-featured web-based Trading Station, investors may mimic expert crypto traders worldwide.
You should consider whether you can afford to take the high risk of losing your money. Our focus is also solely on ZuluTrade as a social trading network, i.e. allowing traders to share their trades with followers who can copy them real-time. I.e. we’re not discussing AAAfx, their broker operation. When it comes to the safety of funds, https://scamforex.net/ the platform offers ZuluGuard, which acts as a shield for investors’ funds. The Social Feed feature enables traders and investors to interact and share their views on the markets. ZuluTrade has developed its trading platform based on extensive consultations with various forex brokers so that it is fast, efficient and highly accurate.