Since a simple Trader signal is executed by various different brokers that have different trading interfaces and configurations, trading problems can occur. The profit per trade should be greater than 3 pips. Please ensure that your bank account details, PayPal account or ZuluTrade Mastercard are set up properly to avoid any complications with payment. Scalping is not Recommended. ZuluTrade compensates US Traders by a variable monthly membership fee. It is a potentially risky method as it may indicate exposure to unusually large draw downs. The minimum trading time is set to 12 weeks. Traders may enable the AutoPay service on the Revenue page of their account. It is possible to link an external live or demo MT4 platform to a Trader account. Subscription fee is determined by the number of signals generated by the Trader during the month.
Please also note that there is a limit of one free ZuluTrade VPS per physical person. Trader account is considered inactive if there is no trading activity for a certain period of time. You can open up to 10 Trader accounts with the same email address. If you want to find out more about the way ZuluRank is calculated, please click here! Apart from producing unrealistic trading results, no trader will ever be able to relate with your method if your starting balance is extremely high, or you trade huge amounts of lots. Closing partial lots is not supported. For US Followers, ZuluTrade compensates Traders by a variable monthly membership fee. Awkward silences are not friendly towards your ZuluTrade Followers, so please ensure timely updates are provided.
Performance page also contains visual indicators, helping Followers to identify certain Trader attributes. Altering of mt4 trading records and statistics in any way is strictly prohibited. There are no minimum amount requirements nor fees apply if AutoPay is enabled. Wire Transfer within the United States. Traders that have partially or fully verified their account. Monthly compensations for Traders can vary depending on account size and signals generated per month. Especially for Trader accounts linked with MT4 terminals, the permitted inactivity period is limited to 1 month.
Trader accounts that repeatedly get temporarily suspended. VPS slots are available. ZuluTrade VPS is a premium service and as such a fair use policy applies; if it is detected that the VPS service is misused in any way, then usage of the VPS service may be revoked. Please assume equivalent amounts for exotic pairs including XAU, XAG or CFDs. Operate on a Live trading account registered in a Broker participating in this Program. PnL exceeds 1000 pips. MT4 account is copied over to the ZuluTrade account. The practice frequently leads to very inconsistent results for different broker accounts. Live Traders may select to receive their total outstanding commissions automatically in their Live Broker account at the 1st business day of each month.
loss of money will also assist and promote you in our Ranking algorithm. For this reason, Traders who apply abusive trading behavior, introducing high risks to their Followers, will be examined carefully and if deemed malicious, they will be refused compensation. VPS account, and can be accessed via any browser. Traders linked with MT4 terminals that violate the Compliance Policy Rules, will be automatically disconnected from their MT4 accounts. We support trading in Forex, CFDs, Indices, Gold and Silver. Trader account is shielded against connectivity issues and can run EAs uninterruptedly without the need for a VPS. There are no rollovers for all Treasury contracts offered. In other words, instead of logging in to the Trader account to manually open, manage and close trades, Traders can configure their own algorithm to do this for them. Liability for any consequences from a Trader account getting suspended burdens the account holder.
Due to the combination of different trading policies, configuration and rate feeds of various brokers to whom your followers may subscribe, scalping is not a recommended manner of sending signals to your followers. For more details about how to create and run ZuluScripts, please see here. Many brokerage firms will often reject trading signals during News announcements that affect the market, resulting in possible discrepancies between the execution in your account and your live followers. There are no rollovers for any oil contracts offered. The Trader has an average user rating of at least 4 stars! Performance: Overall pips earned, average pips per trade and other performance metrics.
The list of brokers compatible with Trader accounts can be found in the Settings tab of the Trader account, or by contacting Support. By using the tool for orphan trades, Traders can quickly and efficiently remedy this situation. ZuluTrade offers its own REST API which enables Traders to submit trading requests straight to their accounts from their own custom program. Your current Status should always be up to date. No positions should be allowed to reach losses of 700 pips or more. Your method description needs to be accurate and descriptive, so that your Followers can be aware of what to anticipate from your trading activity. Copper is the only metal that expires once every other month. Traders compensation is calculated on a monthly calendar basis. In order to appear in the Performance page, a Trader must first close 1 trade, while a minimum of 12 weeks of trading activity is required in order to appear on the Performance page for Europe!
Simply register for your Trader account here. Below is the schedule used to determine the subscription fee. Accounts with considerable deposits can be characterized from the Broker as Institutional due to the low spread offered. For CFD trading hours, click here. Traders signals by configuring their settings in their ZuluTrade account portfolio, or even manually. Also all pending stop and limit orders that are associated with the expiring contract will be cancelled.
Please note that none of the above restrictions apply to Traders operating on a Live Account. ZuluRank algorithm and the ZuluTrade community, so that only the best ones appear on the top of our lists. Trader ticket, the number of users under the same broker for whom the order is still open, currency pair, date opened, entry and current values, and a profit tab. Trading Station user interface with technical charts and indicators, along with the ability for Traders to create trading robots by running their own ZuluScripts. Aggregate customer capital following the Trader, corresponds to the average amount over the monthly period. As unexpected trading behavior is not appreciated by your ZuluTrade Followers, any Strategies that are not in accordance with your actual trading behavior will be disapproved, affecting your ZuluRank accordingly. Pip cost varies according to the currency pair traded, the type of account of the Follower etc. On the 1st business day of each calendar month, they will be receiving automatically the accrued commissions of the previous month directly in their trading account.
Trader account, without the need for any external platform. Before issuing payments, all trades need to be checked against our Trading Compliance rules and relevant commissions need to be collected from our collaborating Brokers; the estimated time frame required to process a payment after a request has been made via our website is approximately 60 days. Have completed the verification process by submitting a valid identification document as well as a proof of address. The profit per trade should not be less than 3 pips. Anyone can sign up to become a Trader. Please keep in mind that Followers can request for a Status Update, in which case you will be notified via email and expected to provide a status update as shortly as possible. Trader will not be compensated. Note that the above thresholds in pips are indicative for basic FX pairs. Zulutrade, you think about the best forex broker for integration with the social network.
As you may have known, the spread for different currency pairs may vary but a brokerage company that offer one of the lowest in the market is definitely a reliable one. The same applies for their social trading network. Before you can go live on Zulutrade, you need to create a live account with a supported broker, fund it and verify some documents. Actually, the best broker for Zulutrade is AAAfx, nothing more, nothing less. This has also served as a source of encouragement to new clients who want to do business with AAAFx. The lower the spread for trading, the better the chances of getting profitable trading portfolio.
This is where AAAFx beats all other competing brokers hands down when it comes to social trading with Zulutrade. Max leverage, Minimum Deposit, regulation and lots of other parameters. AAAfx usually is the best for Zulutrade. They must be fully registered with these bodies and provided license to deal with foreign exchange operations with their clients. Their major customer support departments are always ready to assist you the best possible way. If you want to check real zulutrade spreads: zulu4me. Yes, AAAfx is one of the best brokers for Zulutrade. You will be presented with a wide variety of forex brokers to choose from with certain parameters that allow you to compare the features of the broker.
United States, then go for FXCM because they are the best for US clients with low commission as well. The old days are gone when AAAFx customers file in complaints to the support desk without reply for weeks. This is to ensure a fair and ethical business attitude. Have you been trading on Zulutrade with AAAfx, share your experiences with us or leave a review of AAAFx below. Quite a number of factors led me to choose AAAFx as my favorite Zulutrade broker. AAAfx is among the brokers that offer competitive trade spreads for its clients. AAAfx adhere to strict limits provided by financial advisers from these organizations. Slippage is not meant to be high but when it is, the trade is cancelled by Zulutrade and not placed. Brokers like Nordfx and Dukascopy have the worst Slippage.
While such challenges have been known for years, and thanks to procedures put in place by firms, as well as following regulatory requirements, forex traders have access to reputable forex brokers and robust tools to conduct copy trading. RoboX solution, although these account types were not yet available. MT4 platform, although it discontinued its MirrorTrader offering. Instant backfill bias is just one example of the challenges social trading technology developers face if they permit traders to instantly upload their entire trading history with the click of a button. Without social trading technology, the act of copy trading would be considered a managed account and require a power of attorney. Overall, the eToro experience sets the bar high for social trading and is the clear winner, leading the industry forward as a broker that is almost exclusively focused on social copy trading. Tradency, ZuluTrade, and eToro.
The method used to measure and track profit and loss of money will also influence trade copiers. The firm also offers the ZuluTrade platform, and AutoTrade by Myfxbook. City Index followed with its Connect platform for social trading. CopyFunds offering, where it groups together the best forex traders for other investors to follow by copying each CopyFund, helping to solve the challenge traders face in selecting which traders to copy. Online social networks such as Facebook and LinkedIn have fundamentally changed the way people socialize and interact on and off the internet. Understanding how social networks calculate trading performance is an important aspect as it will affect the ordering of trader rankings. ZuluTrade and draw clients to use our revolutionary service. There was a time when trading was a headache. What do Traders and Affiliates do? So Affiliate signs up, and starts advertising their website to attract clients to ZuluTrade.
Who are these Traders? Each traded currency pair opens with the spread. There are a lot of websites that claim all kinds of results. Trader to have open at any one time, before he can open any more lots. Is there any danger for anybody to steal it? What is the next step? Click here to open a broker account already setup with ZuluTrade. Then, you log in to ZuluTrade and configure your trades. No, there is no danger.
It is not possible on ZuluTrade to misrepresent the performance of the signals generated. Any individual can become a ZuluTrade Trader. Traders provide signals for all clients who select them in their accounts settings page. When logged into your account at ZuluTrade, go to your account settings page. All signals and trades executed on a demo account are considered to be hypothetical. Click here and follow the wizard. How are Traders ranked?
Referring Broker is ZuluTrade. We do not pick them. Who is placing the trades on my account? USD or 1 mini lot. Forex Traders appear in the Performance Table ranked according to the ZuluRank algorithm, based on their performance results. Do I need to open a new account? How long does it take to open a new account with my existing broker? Why is ZuluTrade telling me that I cannot use this account? You can always change the percentage of the Risk Meter Bar, or remove traders, so as to set your portfolio as per your preference.
USD with an account denominated in EUR. This process will take a maximum of 2 days. This pertains to the number of lots to be traded on each individual trade. Please click here to fill in the signup form. All you have to do is pick the Traders you like, and ZuluTrade will quickly convert their advice into live trades in your trading account directly with the broker. So Trader signs up, sends signals, and passively waits for clients to use their signals, trying to have good performance to attract them.
How did you pick them? Your broker will send you an email confirming that we are the Referring Broker, and that your account is ready. So if you do not wish to sign the RB form with the existing account, the alternative is to open a new account with your broker by signing the same RB form for that new account. Trader places trades on his or her account, and all clients that have selected this Trader in their account settings page receive these trades on their accounts, unless they do not have enough usable margin, or have their max open lots set to low. The results contain final spread, swap rates and profit or loss of money from closed positions in the account. Do the experts know about my account? Are the results hypothetical? It only takes 1 day. How do I control the number of lots and the number of positions a Trader opens on my account?
If the percentage you have set is not enough for all traders, some of them may have 0 lots allocated. Please see here for details. Click here to open one now in just 5 minutes. Due to a variety of factors outlined in the disclaimer found at the bottom of the page, sometimes results may vary between accounts. When your broker notifies you that the change has been made, you will receive an email from us that you are ready to start using ZuluTrade. We will then automatically send you your login details to begin autotrading with our platform. What is a lot?
Click here to open a new account already setup for ZuluTrade. How many Traders should I trade with? We will never ask you for your password. How do I know everything is ok? Traders from all over the world are doing it for you. You need to open a new account and set ZuluTrade as your Referring Broker. By signing the RB form, you enable ZuluTrade to receive commissions from the broker or dealer you have an account with, and most importantly for ZuluTrade to pay the Traders that are generating the trades being executed in your account. USD or 1 standard lot. Click here to see which brokers we support.
Based on the percentage of risk that you will set at your Risk Meter Bar, trading size will be automatically allocated for the traders you will add. And how do they receive commission? When you login to your account, you will be asked to set your Risk Meter Bar and add traders to your portfolio. ZuluTrade is suitable for both beginners who want to get the same returns of a good trader and professional traders, who acting on their own or through automated strategies, are willing to share their investment activities in the markets, by receiving an additional income derived from the replica of their trading signals. ZuluTrade is one of the leading providers of trading signals and it is one of the leading companies when it comes to social trading. ZuluTrade allows to trade with a different approach than classic brokers. This is particularly advantageous for beginners who can start trading in a safer way without fear of immediately losing their initial capital. With ZuluTrade, you can invest in a wide range of currencies, from the majors to the exotics. In Europe it is controlled by Triple A Experts SA. All the platforms are guaranteed by the risk protection systems and the account protection system called ZuluGuard.
The Signal Providers are approximately 100. Thanks to its security and protection of the portfolio system, ZuluTrade is a platform to definitely consider. ZuluTrade in fact acts only as a trading networks getting its commissions from the connected brokers. ZuluTrade has recently extended its range of financial assets, which at the moment is rather limited compared to other Social Trading platforms. BlackBerry and allows you to trade at anytime in anyplace you want to. The desktop platform is the most complete and functional; to download to your PC and install as a normal software. It is possible to trade with two types of platforms: desktop usable by PC and mobile usable by Smartphone and Tablet. ZuluTrade is one of the leading providers.
It started with trading for binary options from May 2015 thanks to a partnership with the mediator SpotOption. ZuluTrade is an automated trading platform to invest in the Forex market and a binary option broker. December 22, 2016 soloforex 2 ZuluTrade is an automated trading platform to invest in the Forex market and a binary option broker. The key word is Social Trading.
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