When we started trading on the platform we managed a 15% profit on our portfolio on the first month and lost 30% in the next. But, by learning from our mistakes and applying some rigorous risk management we’ve been managing positive returns since then.
More than any other social trading network and autotrading platform, ZuluTrade is “open” and accessible to everyone. For you (the investor) this is great. There’s a free fully functioning demo (click here to try ZuluTrade demo) and you can start investing with “real money” from as little as $300, £210, 250 Euro, 25,000 JPY or 300 AUD. The sign-up procedure is easy and straight-forward. However, the openness also means everyone can become a trader (also known as “signal provider”) on the network.Generous amount of $100,000 >> Get Your Bonus
The ZuluTrade platform offers trading in Forex, stocks, indices, commodities, and binary options. Respectable mobile apps for all major mobile platforms such as iOS, Android, Windows, Blackberry, and Kindle Fire offer full functionality and the ability to be in control of an account anywhere, anytime.
Zulutrade offers traders the “Full Pack Complete Trading Platform” which consists of several trading features. The Front Terminal offers a simple and user friendly manual trading interface featuring advanced charting capabilities, unique auto-trading features, Zulu scripts which enable traders to use their own robots, Zulu Trade Trading API that allows traders to connect to their own programming environment directly with their ZuluTrade account. It is supported in 28 different languages.
Most people are aware leverage can be used to increase potential earnings. However, before you download an account, you should also note trading on leverage can amplify losses and open you up to margin calls.
Normally, the higher the leverage, such as 1:1000, the lower the used margin, which usually means an increase in the free margin and margin level. However, this can lead to overtrading and with a high drawdown, your account may hit a stop out level.
So, to avoid risk, it’s often recommended to use 1:100 leverage
When choosing to open a live account, you will have to decide between two straightforward options. These are:
- Classic – This is recommended for advanced users. You will benefit from manual or fully customised copy-trading, plus standard volume-based commissions. However, be sure you are sufficiently experienced before you open a signal provider account.
- Profit sharing – This option is recommended for beginners as you get to learn by copying others. Traders will be compensated when you profit and penalised when they lose. You also benefit from reduced commissions.
Note both options give you access to charts, data, alerts, and forex signals. Both also allow for straightforward account maintenance. Head over to ‘my account’ and you will get access to all the basic functions, from reviewing performance rankings to the ‘delete account’ button.
Once you have decided on your account you will then need to choose between supported brokers. Details of which can be found further below.
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