ZuluTrade is a trading network that allows you to find and copy other traders just like you. You can choose who to follow based on their past performance and copy their trades automatically with the click of a button. ZuluTrade works with your broker to execute these trades in your own account.
Specifically, ZuluTrade can help you:
- Make money by copying top traders
- Identify new Forex trading strategies
- Trade 24 hours a day, even when you're offline
How do I get started?
Step 1: open an account with a broker that works with ZuluTrade. You'll find popular ZuluTrade Forex brokers in the comparison table at the top of this page. Some brokers, such as Nord FX and HotForex have dedicated ZuluTrade accounts, whereas others like FXCC support ZuluTrade across all their accounts.
The minimum deposit will depend on your broker and could be as low as $50. However, ZuluTrade suggests depositing at least $500 if you open a mini account and upwards of $15,000 if you open a standard account. This is to create enough headroom for large trades and is a good idea whether or not you trade through ZuluTrade.
Step 2: click here to register your brokerage account with ZuluTrade. You'll also be able to choose top traders to follow and copy at that time.
Step 3: sign-in to your broker's online trading platform to view ZuluTrades in your account or trade manually.
How much does it cost?
It's free to find and copy ZuluTrade signal providers. However, ZuluTrade will charge your broker licensing fees and your broker will usually pass these onto you. They can range anywhere between 0.1 and 3.1 pips. Click through to your broker's website from our comparison table for more information.
Alternatives to Zulu trade
eToro's social trading platform is an alternative to ZuluTrade. You can look up successful eToro traders, follow and copy their trades automatically. Unlike ZuluTrade, eToro won't charge you extra for using these Forex signals. Check our guide to eToro's social trading platform for more information.Share with your friends or leave us a comment: