ZuluTrade Review

The range of educational content on the xcritical platform is impressive to say the least. There is an excellent assortment of in-house material, as well as content from third-party providers including SharpTrader. xcritical was co-founded in 2006 by Emanuel Kronitz and Negev Nosatzki but the trading platform was acquired for xcritical reviews $105 million in 2015 by Playtech. If youre totally new to this sort of thing, then you should consider choosing another platform. ZuluTrade isnt really the most user-friendly platform you can find, and it can be quite confusing if youve never traded before. Our recommendation if youre a newcomer to the field is xcritical.

zulu trade review

You have access to over 90,000 traders from 192 countries. You can then use ZuluTrade’s advanced search engine to hone in on the best. For example, you can choose to see only those who have traded their own money, had a maximum drawdown of 20%, and have traded for at least a year. ZuluTrade was founded in 2007 by Leon Yohai and Kosta Eleftheriou. Leon Yohai wanted to build software that allowed him to copy the trades of the best traders. By 2009, the company had over 4,500 ‘expert’ traders , and it was their portfolios who users could copy to make money.

Discover popular markets to trade

And it will also give you an idea of some traders in the left-hand side, some that you’re following in, some suggested traders. So it will show you the traders that you’re following on the left-hand side. And then you’ve just got very basic stuff https://xcritical.expert/ that you’d expect, like your account information, inviting a friend, history and open positions, your settings. At the top is quite interesting, because they do have a Forex. They’ve also got cryptocurrencies as well, if you’re into crypto.

  • The value of your xcritical may fall as well as rise and you may get back less than your initial xcritical.
  • 2015 brought with it a success as the platform was awarded an EU Portfolio Management License from the European Union.
  • Here you will have all the benefits of one of the most known and trusted trading platforms in the industry including more than 80 charting tools, and a very robust set up.
  • One thing for sure is that you will have many top brokers to choose from if you are thinking of connecting them through Zulutrade.
  • Instead of the traders paying a fee for copying a signal provider, ZuluTrade pays the signal provider based on their success rate.

Read on this review to learn more about the platform, how it works, and whether you should sign up today. ZuluTrade is ultimately one of the best and most popular platforms for copy trading in the industry. As a copy trader here you will be copying signal providers on the platform with a range of different features on offer depending on your level and goals.

ZuluTrade

Some of you might still want to give it a try after watching this video. If you do, please let me know how you get on in the comments below. The company is authorised and supervised in Europe by Greece HCMC and in Japan by the JFSA.

zulu trade review

Even though, you can start trading with a starting account of $300, it is recommended to have an account of at least $5,000 so as to last for a longer draw down. You can hold your account in USD or EUR, as per your convenience, and the lowest lot size is 1,000. In terms of safety, xcritical is an established brand that is heavily regulated in a number of countries and offers negative balance protection. Courses and tutorials can be filtered by difficulty or subject and include nearly 60 articles in the beginner section alone and 29 for more advanced traders. There are also 48 videos in addition to the tutorials and webinars on its YouTube channel, eBooks, and economic indicators.

ZuluTrade Promotions

And then you know that’s given you probably the most information. I possibly can, not just about the platform at about some of the traders and things as well. And so hopefully, that gives you a feeling of what to expect. If xcritical scammers you want to filter them by different means, and I tend to do it winning last year. Because if you just do winning today, it’s going to give you a very temporary overview of someone that may have had a great day or whatever.

How do I become a signal provider?

  1. Register on MQL5.com or log in if you already have an account. The MQL5.com website, among other things, enables the interactions between traders.
  2. Complete additional registration as a Seller. Both your contact details and copies of your identity documents need to be provided.

We’re now going to discuss the page that displays a trader’s profile and trading statistics. One can also see the broker that he or she uses, and below there is an “update” frame that allows the signal provider to explain his or her current positions. Anyone can become a signal provider just by opening a demo account, so this explains why the choice of traders you can follow is massive.

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All information provided by the brokers are double-checked to guarantee 100% accuracy and that we remain unbiased. With the Profit Share Account, or model, you mostly generate profit through your performance. Whenever you generate a generous monthly PnL to a Profit-Sharing Trader, then you will be compensated with a 20% Performance Fee. The Performance fee is only applicable for the amount above the maximum profit made by the trader, which is known as the High Water Mark . ZuluTrade has a low minimum deposit amount required, depending on the broker you are dealing with.

Is Zulu trade a broker?

No, ZuluTrade is not a Broker but a trading platform for social trading that can be connected to any broker supporting ZuluTrade.

They might be having a lucky run or there might be something else going on as well. So that’s one of the first things I would suggest if you do go ahead with your ZuluTrade and other purchases, and following this as an xcritical strategy. And you’ll probably find that when you’re searching through them, that probably will be more than one that takes your fancy anyway, do there is a lot to choose from. You just follow one, because they’ve all got kind of strengths and weaknesses in different ways. So in the normal dashboard, this would show you some trading data, just a summary of the data.

How to Become a Signal Provider Trader?

Each broker was graded on 108 different variables and, in total, over 100,000 words of research were produced. One of ZuluTrade’s many attractive features are the wide range of services it provides for its users. In 2009, there were over 4,500 expert traders, who were the first batch of ZuluTrade’s copy trading service.

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