If you want to take advantage of a social trading platform that supports your Metatrader 4, then ZuluTrade is the best option for you. Compared to ayondo and eToro that provide their own trading platforms, ZuluTrade is just the “intermediary” between signal provider and copier. The ZuluTrade system works as follows:
- Sign up with ZuluTrade and select your preferred broker. We highly recommend using AAAFX as their “house broker” with lowest spreads, lowest latency and best and fastest order execution.
- Fund your account with the respective broker
- Choose your preferred trader(s) and follow them proportional. This means, if your top trader is trading 100 k account and you follow him with a 1000 USD account, your trades are being executed proportionally in microlots.
Binary options ready
Trading binary options is a real science. And it takes many years to become a successful binary options trader. Just profit from the ZuluTrade signal service and have the trading signals of professional binary options traders routed through your account. If you want to copy binary options signals you can choose between the following brokers:
- Banc de Binary
- Binary Globes and
Autorotation of traders
One problem with signal provider systems occurs when the signal provider changes their strategy or suffers a draw down. As a result, the signal provider and their followers suffer losses. In order to avoid such unneeded losses, ZuluTrade has implemented an auto-rotation system that removes any trader from your portfolio if it detects a change in their strategy. If for example, a given trader starts to risk suddenly 20% of their balance, they will be disconnected from your portfolio and replaced by another one. The new trader will be picked automatically by the ZuluTrade ranking system. These settings can be modified manually in your settings section.
ZuluGuard protects your account
Previous social trading solutions struggled mainly with one problem: Once a trader with a stunning trading performance was chosen, either the trader or the follower started suddenly over-leverageing their account because of greed, which leaded to drastic financial losses or even a wiped out trading account. In order to protect followers from greedy traders, or rather greedy “gamblers”, ZuluTrade has implemented the ZuluGuard function in order to protect your account. Here is how it works: The ZuluGuard™ automatically calculates a trading exit value for each trade opened in your account based on the best/worst trade chart. When the red line is hit by the blue line, ZuluGuard™ will close all open positions and replace this trader with a highly ranked one instantly.
Trade on the go
Never miss a winning trade and take your ZuluTrade account with you on the go. In order to monitor your follower account or in order to place new trades, ZuluTrade provides you with several smartphone and tablet appications for:
- iPad and iPhone
- Windows Phone and