ZuluTrade, the Social Trading Broker
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ZuluTrade | Social-Trading Platform
ZuluTrade is a FINVASIA group company and one of the most innovative copy & social trading platforms in the world. One is particularly proud of the transparency. It offers a smooth and simplified copy trading experience with exciting options such as dealers, combos and investment baskets. Many tradable instruments including cryptos, Stock CFDs, Forex, Commodities and Indices. The vision is to become the world's largest social trading community, where traders connect to any trading platform on a global scale and can share their knowledge.
It started in Charlottesville, Virginia in 2007 to make forex trading accessible and easy for everyone. Copy trading was the concept with the main goal Copy trades from other investors for a fair win-win system.
In 2013, ZuluTrade expands to Asia and starts working with forex brokers there. This resulted in the subsidiary ZuluTrade Japan Co Ltd. One year later ZuluTrade Group receives an EU portfolio management license from the European Union. Share CFDs and a new follow-trading model have also been in the product range since 2020 was introduced. In this way, the trading platform is to become a real multi-investment social trading platform. 2021 will partner with leading global industry brokers introduced. Key features such as investment baskets, new combinations and crypto payments have also been introduced. ZuluTrade joins Finvasia Group in December 2021, with which a new era begins for the company.
ZuluTrade is a leader in social trading
You cannot trade through ZuluTrade itself, so you work with over 100 brokers from many different countries. For EU customers, the required Seriousness guaranteed by the regulation of the Greek HCMC. This includes, among other things, a deposit guarantee of up to 20,000 euros. Since ZuluTrade is not a financial services provider acts, the platform is not subject to the usual, strict specifications. A useful addon is the ZuluGuard. The ZuluGuard can filter risky or less good trades.
In the field of social trading, ZuluTrade is one of the leading providers, where signals are in the foreground. Ultimately, the broker only provides the platform, which also makes the Fees may be slightly higher. The amount of the minimum deposit and the possible methods depend on the respective partner broker.
Open demo account and live account
Opening a demo account is easy. The form is identical to the form for opening a live account. By clicking on the respective span select 'Live Account' or 'Demo Account'. Immediately after sending the registration you will be forwarded to make the basic settings of the demo account. You can change the source currency (EUR, USD, GBP, CHF) and top up the account with a virtual balance of 3,000 to 1,000,000. Leverage is 1:30. After confirming the activation email, you can register and test the trading platform.
➔ Fill out the registration form
➔ Make account settings
Base currency, balance, leverage: 1:30
I've read a lot about social trading and copy trading, but haven't tested it yet. Under settings I clicked on track dealer and immediately the first trader selected by FXOpen. I entered 10,000 as the sum and otherwise left all settings as is. I'm excited to see the effect of following this dealer.
➔ Traders follow
Select and track dealers
➔ Traders follow
Set amount and trading behavior
Under the item Trading you can trade the various instruments, which can be divided into 5 categories:
FX majors, indices and other currencies, commodities, stocks, cryptocurrencies
Here are some tradable products:
➔ tradable products
FX Currencies, Indices, Commodities, Stocks, Cryptocurrencies
We sold 100 mini lots of the GER30 in demo mode. Under the menu item 'positions' you have a detailed overview of the orders and open positions. The open positions can can be edited or closed.
➔ Set order
100 Mini Lots GER30 SELL
With ZuluTrade you basically have the possibility to operate or open several accounts at the same time. These can be both demo accounts and live accounts. Opening a live account works via the same form as for the demo account. As with almost all brokers, identity and address verification is still required to activate the account. The minimum deposit depends on which partner broker you are trading with.
➔ Overview positions
Edit or close details, items
Also some useful tools are integrated in the trading platform like: Pip Calculator, Margin Calculator, Profit Calculator, Currency Calculator, as well as an Economic Calendar. There are also many beginners here Tutorials, a blog and a forum. Trading apps can be downloaded for iPad & iPhone from App Store, and Android app from Google Play.
The main partner brokers
- Think Markets
- IC Markets
- free demo account
- social trading / copy trading
- 24/5 live support
- worldwide network
- trailing stops
- EU regulation
- over 30.000 signals
- suitable for beginners
ZuluTrade experiences and reviews
- customer support: 100%
- fees: 100%
- trading platform: 100%
- minimum deposit: 100%