Contents

• The Zulutrade Drawdown: how does it really work
• Who Is ZuluTrade For?
• Trade with a Regulated Broker
• I have been a trader in the company for…
• What Is The ZuluTrade Minimum Deposit Requirement?

2) In addition to point 1, if you use a too tight trailing stop, you risks to block too early the trade’s life. On one hand you could save some pip of stop, and this could be a good thing. But on the other hand, almost certainly, you will also stop some of the operations that would have made a lot of pips in profit. Doing this type of work involves changing strongly the risk/return parameters of a strategy. For many traders and many strategies the risk/return is everything, even more important than when, how and why to open a trade. For instance, a trader who has made you earn $100 on an account which started from $1,000 will have a ROI of 10%.

In addition to the HCMC regulations, the ZuluTrade Japanese additional branch is regulated by the Kanto Financial Bureau as an investment consultant. Alongisde the KFB, ZuluTrade is regulated with the Commodity Futures Trading Commission in the US as an IB and a commodity advising body. Please ensure your method matches your investment objectives, study the risks involved and if necessary seek independent advice. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Make sure to read full our full Terms of Use & Risk Disclosure.

The Zulutrade Drawdown: how does it really work

But you know that once that news settles down, it will recover. You don’t really want to be closing out on position just because it’s gone 500 dollars over. Maybe… because this was a little while ago, it was several months ago and the feature was fairly new, maybe the traders weren’t used to it either and maybe they’ve adapted their style. So that’s why I don’t want to just categorically say that ZuluTrade is worthless. I kind of like it, I do kind of like this platform, I think there’s definitely potential here. But ultimately comes down to making money, and I’ve been making losses now for for quite some time.

If the trader had opened other Signal Provider profiles with other names, they will be shown here in this block. Let’s start with the top and left part of the ZuluTrade Signal Provider’s profile. Right on top we have a top size logo, the exact name of the Signal Provider, and the flag of the country from where is sending his signals. We will explain everything in detail in the lesson dedicated to the ZuluTrade drawdown. Directly on the photo there is the flag of the trader’s origin country, while under the name are reported the first words of the strategy description directly supplied by the trader himself. Should be noted that you have to consider not only how many pips the Signal Provider lose, but above all what is the lot size you have assigned, because the money you actually lose will depend on both factors.

Who Is ZuluTrade For?

The clock allows you to only take a trader’s signals on specific days or times. You can not make money with Zulutrade you pay about 60% fees and does not notice it because they are deducted directly from the profits. Zulu trading contacted me with a greek guy who told me he is a professor of mathematics doing finance advisor. With a loud noise from a call center in background he told me the positions i should put money into. I can quickly sort and choose traders based on different parameters & trade smoothly.

Today, the firm has grown to become a leading copy-trading platform with users in more than 150 countries and over 90,000 traders to choose from. Over 60 brokers worldwide offer ZuluTrade’s cutting-edge technology with over 1.5 million registered users across the globe. ZuluTrade does not focus too heavily on bonuses and promotions like some trading brokerages do. They feel as though the services they provide are enticing enough that they do not need extensive welcome offers.

Trade with a Regulated Broker

You will also find different features that resemble those of a social network platform, where you can comment on posts and interact on message forums. The platform of ZuluTrade has evolved into a service that transforms financial advice from expert traders into executed trades. You will also be able to easily navigate and select the trades that you are interested in, ZuluTrade gives you an open environment where users all over the world can connect and share their trading knowledge. Probably, one of the most interesting features of ZuluTrade, ZuluGuard is a protection mechanism that protects investors from losing their whole investment if a trader diverges from the strategy.

With ZuluTrade, you will have wide exposure to many traders that you can follow and duplicate trades, which would lead to larger signal provider earnings. ZuluTrade is absolutely free to join with no annual account or subscription fees. The way ZuluTrade makes money is by collecting a fee on the spread of each trade. Depending on the trading brokerage used, the spreads can vary massively as ZuluTrade is partnered with over 50 trading brokerages all with different spreads, fees, and commissions. Instead of the traders paying a fee for copying a signal provider, ZuluTrade pays the signal provider based on their success rate.

I have been a trader in the company for…

In the next chapter, we’ll find out how the new ZuluGuard, Trailing Stop and Offset Pip features work. “Monitor My Account” is another safety level promoted by ZuluTrade xcritical rezension to try to reduce the risks of system malfunction as much as possible. Even though it’s an issue we personally never encountered recently, it still could happen.

The Zuluguard assumption is very good and its usefulness is that we can automate some actions, authorizing Zulutrade to do them for us. The incredible thing about this section is it provides the possibility to create a portfolio management only a programmer would be able to set up. As a matter of fact, ZuluTrade, through the Automator feature, provides users with a graphic interface which eliminates the barriers of programming. The next element is the Max Open Trades, where you can set the maximum number of transactions opened simultaneously that the Signal Provider can maintain. If you don’ set any limits, the infinity symbol is displayed, which indicates that all the operations opened by the trader on his account will be replicated.

Just enter 50 in the appropriate box, and click on the “T”, so that it changes color. From that moment on, the Trailing Stop is activated, and each new trade will have this function. Zulutrade gives you the chance to use this interesting trading tool with the operations of your Signal Providers. We are talking about the ZuluGuard, Offset pips, Pips Spacing and Trailing Stop functions. In the previous lesson we looked at all the parameters on which we can intervene in the “Settings” section of our Zulutrade investment account.

Because really, as I say, you don’t want a trader that have some really high spikes in ROI and it looks amazing. If it looks amazing then, there’s probably something else going on and you need to be careful. We have been in the industry for more than 13 years offering innovative copy trade and social trading features to our Users, Investors, Traders, Brokers and Partners. We are among the few trading platforms offering a wide range of products and account types, including Profit Sharing, which means that we align the interest for all parties. To enable a copy trading account and trade with real money, investors and signal providers will need to open an account with one of ZuluTrade’s collaborating brokers. ZuluTrade is an innovative copy and social trading platform, offering a smooth and simplified copy trading experience.

This range of transparent information both makes the broker easy to use, and trustworthy for the many followers who use their service. One thing we can say for sure is that there is no one best Zulutrade broker. This will depend on your individual trading needs and goals.

This is another exciting options offered by some of our top brokers. In the case of the ‘Monthly cash back’ rebate option, monthly payments can be paid via bank wire, Paypal, Skrill, Sticpay, China Unionpay, and Neteller. Some payment methods such as bank wire carries fees and often traders set a custom minimum payment amount in order to accumulate rebates and withdraw their rebates https://dreamlinetrading.com/ less often than monthly. Overall, you will find that ZuluTrade has many features that help make up for what they lack. The trading tools alone will help create a review database for othexcriticals, making it easier to find the right signal provider. With regulations from the HCMC, CySEC, and the FSA you can almost guarantee that this auto trading platform is worth trusting.

• Monthly cash back Payments are credited and sent automatically by the 12 of the month following the month rebates are earned in.
• When a trader rises to the honors of the chronology for the great performances, most of the time also means that the risks incurred to obtain those performances have been high.
• If you want to know more, check our guide on the Best Broker for ZuluTrade.
• It’s been somewhat of a mixed time for the trader we are copying on xcritical recently, with a profit of $52 made on their closed trades since our last update.

In addition, European Union traders can only follow signal providers that follow the EU guidelines. When following a trader, along with exit value, you can set how much profits you wish to take, and if that number is reached, ZuluGuard automatically closes all positions and disables the trader. You then of course can restart the trader and continue trading. ZuluTrade lets you test the performance potential of your forex trading strategies even before you go live, ensuring maximum profits. However, Zulutrade does offer some features that act as a failsafe in case trades go wrong. There is a Monitor My Account feature which you can use to close any trades that should have closed automatically but failed to do so.

But Triple-A Effects will be more profitable because there is less commission to be paid. There’s a wide range of traders to follow, and there is a wide range of currencies and there’s also Kryptos and stuff as well. So there are different markets here and it… you’re not being too restricted in what you can trade and who you can follow, I’ve just followed three traders. If you want to be ultra-cautious, you might want to just follow five, you might even want to follow ten, it’s entirely up to you, whatever you’re most comfortable with. So I’m gonna look at these two traders because they’ve got quite different ROIs and let’s just get a feel for both of them. So if I have a look at this one first of all… And by the way, these traders might not be trading anymore when you’re looking and watching this video.

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