Social trading with ZuluTrade
What is ZuluTrade?
ZuluTrade is the world leading online and mobile Social Trading platform. ZuluTrade enables users to locate successful traders that are ranked by ZuluRank, a proprietary performance evaluation algorithm, and follow their trades which are translated into real trades in their own broker accounts. Users can fully manage their accounts via a customizable account management suite that is equipped with advanced risk management features such as ZuluGuard, a shield against volatile trading strategies.
How it works?
ZuluTrade users can select the traders they want to follow using the Performance Table that algorithmically ranks traders based on a multitude of performance factors, as well as based on the feedback of ZuluTrade’s knowledgeable community; ZuluTrade users can then fully customize the trades initiated by the traders according to their preferences and risk tolerance.
The platform offers an array of advanced options that empower users to fully manage their trades and take advantage of the traders’ expertise. Users can customize all the parameters of a trade for any currency pair and any trader, choose the lot size on their own or automatically manage the number of trades, the trading times and anything else they may need!
Why trade with ZuluTrade?
- — ZuluTrade is one of the largest social trading communities. The users of the platform can follow between thousands of registered talented currency traders from 192 countries automatically. By engaging in autotrading, users can eliminate the potentially harmful factor of emotion and the error prone human factor from their trading practice.
- Users can take advantage of the fact that ZuluTrade Signal Providers are active in virtually every country and time zone of the world and grasp opportunities in the 24-hour Forex market without the need of being in front of their PC all the time or have professional financial training.
- ZuluTrade users are able to connect to the platform through the website and the available mobile applications. Innovative Mobile Apps for all major mobile platforms (iPhone, iPad, Android, Blackberry, and Kindle Fire) offer full functionality and the ability to be in control of your account anywhere, anytime.
ZuluRank – a sophisticated algorithm that ranks Signal Providers by analyzing a number of different factors, such as their overall performance (number of pips earned, drawdown, average number of pips per trade etc), stability (whether there are no significant ups and downs in trades) maturity (how long they have been trading for), exposure (how many positions may be opened at the same time), minimum equity required to follow all the trader’s positions, and other performance metrics. All these factors are calculated in a single ranking formula in order to provide FX investors with the easiest way to select the strategy that best suits their trading style.
ZuluGuard – a highly advanced account protection feature that monitors the performance of your traders 24/7, checking for any radical change in their usual trading behavior and stepping in to protect your invested capital whenever needed.
Simulation – a powerful tool that allows you to test your trader’s performance according to the Settings of your account. It calculates the potential profits or losses your account could face from the trades executed under a number of different circumstances. This allows you to check your strategies and potential performance, before even going live!
Customization settings – ZuluTrade users retain full control over their account. They can amongst others: Configure lot sizes, set specific currency pairs and maximum open trades, set custom stops and limits, edit or close any position instantly.
Risk Management – In Auto Mode the user selects the % of risk he/she wants to take by adjusting a Risk Meter bar, and the system automatically allocates lots per Signal Provider depending on the user’s settings and the overall performance of the provider. In Custom Mode the user can customize any setting, such as lots per trade, trades per Signal Provider, custom stop or limit or reverse the signals of a Signal Provider! The Margin-Call-o-Meter estimates how much risk the user is taking with the selected Signal Provider portfolio and settings.