xcritical Final Review

Most copy trading service providers have put in adequate measures, including pre-vetting, constant monitoring, and reviews, to guarantee the safety of copier’s investments. It refers to the art of finding successful traders and strategies, copying their trade settings, and xcritical reviews mirroring them into your own trader account. Forex copy trading is the art of copying the positions and trade settings of an FX pair and replicating them in youxcritical account. It allows virtually anyone, particularly beginners, to earn passively from forex trading.

ZuluTrade has exceptional customer support that’s available 24 hours a day, 7 days a week. As well, traders have access to a community forum, an extensive FAQ page, a blog and a support center with tutorials, guides, and more. While it might seem tempting to copy the trader with a 300% annual return, in general these traders are taking on far too much risk and eventually will blow up. Instead, look foxcriticals who have at least 1-year’s trading history and a return of somewhere between 10% and 30%. The trader should also be active enough that they are placing a minimum of one trade per week. This ensures that they are trying to grow their trading base rather than just locking your money in a single trade.

What devices can I use Zulutrade on?

You can choose from their list of more than thirty Forex brokers or look through the table below. With ZuluTrade, you have dozens of Forex brokers to choose from. Enter your personal details, country, and phone number for each broker that you want to create an account with. They can be contacted through this live chat service on the broker’s website, email, or a selection of 8 different phone numbers depending on your location around the world. These include numbers in the UK, Russia, Spain, Greece, Mexico, Colombia, Japan, and Australia. One thing we can say for sure is that there is no one best Zulutrade broker.

Where Can I Copy Trade?

Copy trading is available at many leading UK brokers or through special software platforms. See our list of the best UK copy trading brokers 2022 for further details.

Zulutrade places trades through integrated brokers, so the amount of leverage is controlled by those platforms. When you sign up for a Zulutrade account, you decide which brokers to place your trades with, which means you need to pick one that offers enough leverage options for you. Zulutrade offers a range of social trading features to be available from their proprietary platform, which are all available on the ZuluTrade+ mobile app as well. Founded in 2007, ZuluTrade – a Finvasia Group Company – is the first and the oldest copy trading platform. They are a very popular choice among investors and traders in the industry with a user-friendly copytrading platform. ZuluGuard™ – A unique feature that protects investors if erratic trades are opened by traders they are following.

ZuluTrade Account types

You will also find that there is constant communication between followers and signal providers, which needs to be checked regularly for feedback. In addition, European Union traders can only follow signal providers that follow the EU guidelines. Signal providers are financially compensated for their popularity and the success rate of their trading strategies among followers. This means that the less popular you are as a signal provider, the less you are financially compensated. ZuluTrade provides traders with performance indicators and graphs, as a form of evaluation to the performance of the signal provider’s trading activity and performance.

zulu copy trade

Bybit is an established crypto exchange aimed at active online traders. Pionex clients can find other successful investors and copy their trading bot setups. Kucoin is a global crypto exchange offering spot and margin trading alongside lending services and trading bots. Replicate the positions and strategies of multiple traders while leveraging the RaceOption leaderboard.

There are a variety of ways of depositing and withdrawing cash from your FXDD account. FXDD accepts the most commonly used Local Payment Methods today including Credit/Debit Card, Neteller, Union Pay, Bank Wire Transfer, etc. Other review sites such as Forexbrokers.com and DailyForex give FXDD a review of 4 stars. Forex-ratings.com has FXDD at 5 stars whereas one site gives 1.5 stars and 2 other sites give FXDD 3 stars. Vim will be suitable for your needs regardless of whether you are a novice or expert coder. Experts can use advanced functions while the novice can limit themselves to the functions they understand.

Lower ZuluTrade Spreads At AAAFX

So you can start to build the profile for the trader using all this information, and look at the metrics that you like to look at. Just because the ROI, It’s quite an important thing for me to point out. Because if we look at this next trader here, it’s got over a million dollars following and decent investor profit, as well. Quite a high number of investors, so that all looks pretty good. I mean, if you can do that consistently, That is life-changing ROI.

ZuluTrade demo account gives users the chance to test the broker’s pricing and execution on several asset classes, without risking any real money. Profit-Sharing Accounts are for copy-trading through the ZuluTrade Platform https://xcritical.pro/ only. This account type is recommended for all users, either a novice or advanced, since they may start trading by selecting the Traders that they wish to follow and by setting their capital protection amount.

zulu copy trade

We start our ZuluTrade review with a quick analysis of the overall ratings given by our industry experts for this excellent, Greece-based, social trading platform. In the risk management section we explained that its a bad idea to follow too many traders at once. You will have to invest more of your time if you want to find good providers to follow. The search system on ZuluTrade is not the greatest, although it gets the job done. This doesnt mean that you will have to browse through each individual trader, but make sure that you dont follow too many at once. One good provider can make you more money than a five bad providers.

ZuluTrade accepts account deposits with bank wires and cards. The company is authorised and supervised in Europe by Greece HCMC and in Japan by the JFSA. ZuluTrade rebates are a portion of the transaction cost that is paid back to the client on each trade, resulting in a lower spread and improved win ratio. For example, if your rebate is 1 pip and the spread is 3 pips, then your net spread is only 2 pips. Moreover, we also offer curated Traders’ Combos which are dynamic combinations of individual Traders, constantly monitored by ZuluTrade and updated to ensure maximum performance.

Each trader on Zulutrade is ranked according to their long term performance. Zulutrade sets no other fees or trading limits itself, all the rules on how much you can trade and when are set by the affiliate brokers. Zulutrade is like a hub through which you can manage and send trades to your broker accounts, the platform doesn’t deal with your money itself.

Only if the investor’s account makes a profit the Traders will get a share of the profits. This service is offered with a monthly subscription fee, without additional commission charges. With ZuluTrade, there are more than 30 brokers available for auto trading and duplicating strategies. However, similar to eToro, ZuluTrade has its own brokerage firm, known as AAAFX.

The assets that traders can trade depend on the signal providers given the vast partnerships that ZuluTrade maintains with leading global brokers. Likewise, it strives to provide the best exposure across various sectors in the capital markets. 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 reviews by verified customers, cashback rebates, expert ratings, spreads & fees, leverage, demo accounts, downloads, trading platforms and more. 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.

Best Forex Social And Copy Trading Platform In 2022

With a great reputation, the Collective2 automated trading system now has amassed over 78,000 users from around the world. If you want to do more than just copy trade, then you’ll enjoy a range of social features. One example is the “feeds” area of the platform that allows you to engage with any xcritical cheating trader, just like you would on Twitter or Facebook. Following these tips will give you a head start and increase your chances of succeeding. Choosing the right trader is crucial, so make sure you watch out for their wins and losses, along with considering the level of risk they are taking.

  • This account gives you access to charts, data, alerts, and forex signals.
  • The FXDD Research and Education Center was not as robust as other brokers but this will soon change now that Elite CurrenSea and FXDD will cooperate together.
  • Once you submit your application online, you will get youxcritical username, useful information and an ‘Account Activation’ link over email.
  • It’s good to see all of the traders we are following either in profit now or only very slightly down.
  • Because if we look at this next trader here, it’s got over a million dollars following and decent investor profit, as well.

It’s an easy and simple way to trade, with no experience required. In addition to creating a Traders’ portfolio, investors will need to customize the portfolio settings . You may manage your account, update your trading signals, close trades, lock a Trader or your trades and have access to advanced features. ZuluTrade offers two trading accounts, Classic and Profit Share. With the Classic Accounts, investors can perform both, manual and copy-trading.

The ZuluTrade auto trades platform is a social and copy trading platform that allows you access to an online trading community. ZuluTrade is a social copy trading platform that allows you to duplicate trades or expert traders and use it as your own. Not only does it explain how to trade, but you can use the educational resources to learn more about the state of the market and how individual assets are performing before you trade. The social trading function means that individual traders can offer more detailed explanations for their trades as well. It doesn’t hold your money itself and it only acts as a vehicle for you to copy other people’s trades directly to a third party broker.

FXCM is a leading provider of online foreign exchange trading, CFD trading and related services. None of your money is held on Zulutrade and all of your open trades go through one of your chosen brokers. That means if Zulutrade were to close down, none of your trades or your money would be affected. Zulutrade makes money on every trade that’s made through the platform, as it drives traffic to specific brokers .

zulu copy trade

You get to glean from their vast trading experience and to get some real insight as to which factors prompt them to enter or exit trades. You then ‘manually’ decide who to follow and which trades to copy as well as their strategies. Follow the best performing british traders on our automated CFD trading platforms as well as from the pool of our copy trading partners and mirror their skills and strategies in your trading account. Additionally, please feel free to contact our support team should you require any information or assistance with copy trading. Let technology help your trades with the best social trading platforms on Fidelis CM. Follow and learn from the best trading strategies of experts at the click of a button.

I enjoy some of their features, such as Zuluguard & Automator and I’m sure there are others that I’ll explore soon. Thanks to the transparent ranking system and advanced search filters which made the process of selecting the right trader quite easy for me. I am happy to have found a reliable platform with advanced copy trading tools.

Which is the best copy trading platform?

  • NAGA.
  • eToro.
  • AvaTrade.
  • B2Broker.
  • ZuluTrade.
  • Forex Copier.
  • Duplitrade.
  • FBS.

If using Pepperstone’s standard account, you will only have to pay the competitive spreads when trading fx. Xi maintains a responsive and accessible support team available online and on-phone 24/5. Capital.com maintains highly competitive spreads starting from 0.6 pips and no commission. The broker doesn’t charge additional commissions or fees to trade copiers.

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