Does ZuluTrade really work?

So in summary, we don’t believe ZuluTrade should be labeled as a scam. They’re probably the most transparent of all major social trading networks in terms of sharing the historical trade information of the traders on their network. They also don’t censor negative comments or feedback on their own website.

Is ZuluTrade regulated?

Regulation & License The ZuluTrade trader program is now regulated. 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 (HCMC).

Is ZuluTrade legal in USA?

ZuluTrade is now regulated in the European Union, Japan and now the USA. Investors are able to copy these trading, using ZuluTrade’s risk management tools, and adjust their capital and risk appetite.

How many users does ZuluTrade have?

one million users
The platform allows users to copy other traders in the forex. As of 2014 ZuluTrade had around one million users and an executed trading volume of over $800 billion….

Type Private company

What is the best social trading platform?

Best Social Trading Platforms

  • XM. XM is one of the most experienced names in the industry when it comes to social trading and a wealth of other features.
  • AvaTrade.
  • Pepperstone.
  • FXTM.

How does zulutrade make money?

“Making money with ZuluTrade is a child’s play” Investing in Social Trading ZuluTrade means investing in the Forex market, therefore with the use of leverage.

Is copy trading illegal in the US?

If we are talking about the legality, then YES it is completely legal, although there are restrictions in some countries. It is also crucial to know that not all online trading brokerages can legally offer copy trading services for their clients. Each country might have different regulatory authorities.

Is copy trading allowed in USA?

Copy trading is legal because it is a legitimate way to make money by copying a successful trader’s trades to make money yourself.

How does ZuluTrade make money?

What is the minimum deposit for AvaTrade?

The minimum deposit amount required to register a live trading account is $100. This minimum deposit is equivalent to 1, 549.00 ZAR at the current exchange rate between the US Dollar and the South African Rand at the time of writing.

Where can I copy day traders?

Best Forex Brokers for Social Copy Trading

  • eToro – Best overall platform for copy trading.
  • AvaTrade – MetaTrader suite, ZuluTrade and DupliTrade.
  • Pepperstone – MetaTrader and cTrader platform suites.
  • Vantage FX – MetaTrader, ZuluTrade, DupliTrade, and Myfxbook.
  • IC Markets – MetaTrader, cTrader, Myfxbook, and ZuluTrade.

Who are the best brokers to work with on ZuluTrade?

AAAFx again are the top choice for working with Zulutrade as they are owed by the company. They also offer a wide range of assets including forex, stocks, and cryptos. They are a top MT4 ECN broker. A top choice as a Zulutrade broker if you are looking for fast execution and great spreads.

How does ZuluTrade work as a trading station?

Traders use ZuluTrade ‘s trading station to create a trade or it can be done through their MT4 trading station. In any case ZuluTrade drives the trade to the main core. ZuluTrade captures those trades and checks the number of LIVE accounts subscribed under each trade received.

What do you need to know about Zulu trading?

Zulutrade is a social trading platform that connects to brokers so users can set and copy strategies. It won’t work for itself, so the user needs to open an account before proceeding to trade and making money. But, which brokers are available at Zulutrade and how can you choose the most appropriate one?

What are the different types of support groups?

Some support groups are peer-led, while others may be led by a mental health professional. Who should use support groups? Support groups are offered as a space where individuals can come together to share their stories, experiences, and lives in a way that helps reduce isolation and loneliness.