As Zulutrade places trades through its affiliated brokers, it has no control over the spreads on offer. Like with leverage, you should take time to research the individual brokers before you sign up with Zulutrade, so that you can choose the best one for you. As a copy trading solution for brokers in the EU, ZuluTrade has obtained a Triple-A Experts SA license from Greece’s Hellenic Capital Market Commission .
- With InvestinGoal, Filippo’s goal is to bring as much clarity as possible to help users navigate the world of online trading, forex, and cryptocurrencies.
- The result of this is that all traders now aim to adhere to these rules.
- So if I go here, down to the trading history, firstly you can see all green, which kind of looks fantastic That they’ve got all winning trades.
- And maybe the ROI, the ROI looks amazing, but it’s unsustainable.
- We found that 48 currency pairs are available for trading on the other account types that offer them.
If at any point you would like to resume using our services, you can always try this out in a free Demo account. Moreover, we also offer curated Traders’ Combos which are dynamic combinations of individual Traders, constantly monitored by ZuluTrade and updated to ensure maximum performance. Thank you for expressing your opinion and giving us the chance to clarify the situation regarding our website and the services that we offer. When I told him know xcritical rezension I think they sell your details and you get bomarded 4-5 times a day by other trading companies. You can check our service at our official website or contact our 5-star customer support naming you ZuluTradeUsernasme that will be available for anything you might need via Chat, email or Phone. I tried to close the account and ask them to remove my personal data from their systems according to GDPR, but they can’t because there are a few cents left.
So it’s saying I’m following now, I can easily unfollow as well. It’s quite easy, just as following and unfollowing the trader. So let’s have a look at the top three, a lot of profit, a lot following this one as well, nearly one and half a million dollars following, got three stars. It might be worth looking at some of the actual reviews on that one, open positions, that’s quite a few losses there. But when they opened, they opened within the last two days.
A minimum deposit is also required from a trader when they open their account. Naga was launched in the year 2015 in Germany and it welcomes innovation to the copy trading industry. The German trading platform has over 500 thousand passive and active traders alongside over 900 assets. As mentioned earlier, your trading strategy can either give you profits or losses. Before you go on with copy trading, check out the strategy of the providers you have chosen to make sure they align with yours. Other brokers like xcritical offer investors research and other video content on how to begin.
The Zulutrade Drawdown: how does it really work
You can also set your stop loss and withdraw your profits. The downsides of this platform include overnight charges and the fees charged for withdrawal. You have the advantage of earning a specific commission when you refer new users to the provider. However, one of the downsides of using this copy trading platform is the incomplete development of filters and the high commissions charged.
And personally, it’s that’s not what I would be doing if I were you. Now, this trader whose apps have got a Zulu Rank of 10, so that’s like an overall ranking. So let’s have a look at, maybe see if we can see trader 9. I mean, the Zulu rank xcritical rezension is based on things like risk appetite, and things as well. And look, these are quite low figures that are following them. But maybe they feel as though they’re quite low-risk traders, may be quite stable, maybe got a higher win rate, etc.
Is ZuluTrade regulated?
For the ones that are already opened, no further signals will be received from the trader, and will therefore be closed only when the stop loss or take profit is reached, or if you manually intervene to close them. It’s as if you have “suspended” the activity of the trader within your portfolio. Best forex traders worldwide, give you advice for FREE to buy or sell. ZuluTrade converts this advice to a live trade in your broker account automatically, again for FREE!
When working with a trustworthy rebate provider, there is no ‘catch’. It is more beneficial to a trader’s financial position to work with a rebate provider than https://xcritical.solutions/ solely with the forex broker. The Combo+ option takes that a step further and automatically rebalances your portfolio and requires no oversight at all.
Since its founding in 2006, xcritical has established itself as a leading online Forex and CFD broker, due to its dedication to provide an online trading experience customer are looking for. There are over 300,000 registered customers from over 150 countries worldwide, executing over two million trades per month with more than 1,250 financial instruments to trade. According to this broker, their vision is to empower people to trade with confidence, they can do so because xcritical is heavily-regulated and licensed.
- In the next chapter, we’ll find out how the new ZuluGuard, Trailing Stop and Offset Pip features work.
- Every day the pips accumulated with all the closed positions are summed together, and from that value is subtracted the worst drawdown of the entire account on that day, in terms of pips.
- Those are always there and the operations can still go wrong.
- This could be blamed on it being a late hour when we tested, although our support agent was active and online.
- So for those of you that are very new to this whole arena, ZuluTrade is basically a social trading platform.
- Clicking on Buy or Sell, a pop up window will open, to insert the order’s details.
Making the right choice is vital when it comes to making a profit. Collective2 have a unique subscription structure with three service tiers that are priced according to the amount of strategies you wish to follow. Most users are lured by the Portfolio Plus plan, which doesn’t limit the amount of trade equities, Fixed Income securities and derivatives they can trade on. US customers can take advantage of these features too, but on a slightly more limited basis. Users are attracted to the NAGA Wallet, which offers safe storage of fiat and cryptocurrency assets with a built-in exchange and a gateway to NAGA Messenger for direct trader-to-trader discussion. Copy trades are exact copies of other trading decisions, with trades executed in an automated manner.
What assets and products can you trade on Zulutrade?
If you’re looking for more advanced features, such as market analysis, option trading and social sentiment indicators, however, you’ll need to upgrade your account. But no matter what level of service you choose, ZuluTrade will always be free. And with its commitment to never charge traders fees for basic services or transactions, it remains one of our favorite trading sites on today’s market. The company began in 2007 as a signals platform based exclusively on forex.