ZuluTrade reviews on TrustPilot come with many positive comments that I shared below. That’s exactly what I’ve done for this ZuluTrade review, too. If you’re a Leader, your goal is to share your trading strategies so others can copy them, and you get paid for your performance.
The process to start trading with zulutrade is super simple. Because there is a lot of money moving around the world, zulutrade has to be careful that they don’t breach any money laundering laws and part of that is know as KYC (Know your customer). The reason that zulutrade asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. With this virtual zulutradedemo account, you are able to experiment in any way, to whatever period you desire. Zulutrade provides demo accounts for the convenience of new traders. Overall average email support from zulutrade was very good.
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Additionally, ZuluTrade offers trading calculators for determining pip value, required margin, expected profit, and a currency converter, aiding investors in their technical analysis and decision-making process. Leaders must depend on their brokers for comprehensive technical analysis. ZuluTrade allows investors to modify Stop Loss and Take Profit so that trading positions will close separately from the leader.
- Within this fast-paced universe of stock markets and trading, you’ll need guidance to make proper decisions.
- With negative balance protection, Zulutrade trading losses are always limited to the current balance of funds in the trader’s account.
- We have listed the most notable awards and mentions for Zulutrade below.
Spreads & Fees
In addition, currency conversion fees may apply if the Zulutrade withdrawal and receiving currencies differ, adding to the overall transaction costs. Be mindful of these charges, impacting your overall Zulutrade trading profitability. Zulutrade compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like Zulutrade to maintain licenses and operate in certain jurisdictions. Regulatory bodies protect traders through reimbursement schemes in case of Zulutrade going into insolvency.
If you want to trade currency pairs on global Forex markets, Zulutrade offer over 15 currency pairs. However, if a market order is not fulfilled, no commission fee is usually charged. Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.
To open an account with ZuluTrade, start by registering and verifying your profile on the ZuluTrade platform. For instance, MT4 is offered by 70% brokers, MT5 is used by around 30% of these brokers, while cTrader is chosen by about 10%. In fact, globally, only about 2% of all Forex brokers are compatible with ZuluTrade.
Therefore, it’s essential to research and compares different brokers to determine which best suits your trading needs and budget. Zulutrade requires a minimum deposit of 100 GBP/USD/EUR when opening an Zulutrade trading account. These services require significant investment, and in turn, Zulutrade may charge clients various fees for trading activities.
Unregulated brokers pose a direct risk to the security of their client’s funds, as they operate without any oversight or regulation. When opening a trading account with Zulutrade, you will need to sign up here. Instead, your Zulutrade funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with Zulutrade.
Does zulutrade offer Live Chat customer support?
We feel that a alternative to Zulutrade may better suit you. It is important to note that Zulutrade may request additional documents or information to verify your identity or comply with regulations. It’s worth noting that the expiration date of the proof of address document may differ for different entities under Zulutrade Brand. When registering with Zulutrade have the following documents available.
Metatrader 4 Webtrader and zulutrade
- Zulutrade allows Forex trading, CFDs trading, and Social trading.
- If you want to look at some Zulutrade alternatives that might better fit your needs, we list and compare some of the best Zulutrade alternatives further down this Zulutrade review.
- In these instances, you’re paying a spread, financing speed, or even a commission.
- When applicable, copy trading fees are applied once for every trading strategy that the user wants to copy.
- For example, you can choose to see only those who are in the top 100, have a maximum drawdown of 20%, and have been rated by investors.
This process usually takes around 5 minutes, and once you’ve passed compliance, you can start exploring Zulutrade’s platform. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. The phone support team successfully resolved our questions and issues over the phone. During the call, we tested the multilingual Zulutrade team by speaking in different languages, and they made an effort to answer our queries in each language.
Customer Support at Zulutrade
In other words, if you opt for the $10,00/month plan, and you decide to copy 10 different traders, you will be billed $100/month. When it comes to copy-trading fees, ZuluTrade has different subscription plans ranging from $10,00/month to $8,30/month per copied strategy. It’s possible to use ZuluTrade without a broker, but only with a demo account. Once you select a broker, ZuluTrade will then redirect you to the broker’s website to complete the account opening process.
Does Zulutrade offer negative balance protection?
For example, brokers often widen spreads during periods of high volatility. Broker commission and spreads (the difference between the buy and sell price) depend on the volume traded by the client. Our experts found it is possible to link an external live or demo MetaTrader 4 (MT4) platform to a ZuluTrade account. Today it is regarded as one of the most innovative social trading tools in the world, operating from multiple locations including Greece, India and South Africa. This 2025 ZuluTrade review will break down how it works, covering costs, live accounts, user ratings, regulations, and more. Today it boasts more than 2.4 million users and executes a trade volume in excess of $800 billion.
Visiting many broker websites, all of which have different language uses. On-the-go investors can use ZuluTrade’s app to access all the key features available on the desktop, designed for convenient mobile use. Users wanting quick access to information about the platform can use the vast selection of guides and videos.
Unfortunately, I have had very bad experiences with ZULU Trade. Good to hear that your experience with ZuluTrade has been effortless.RegardsZuluTrade Team Hope the experience remains the same in future as well. Their technical glitches made losses and they claimed that it was the trading server that did not respond.
What follows was accurate at the time of compiling this zulutrade broker review. Zulutrade charges a deposit fee for transferring money into your trading account. When you move money in your trading account from zulutrade review the bank account, a deposit fee can be billed by the broker. For additional trading platforms, the inactivity fee depends on the sort of account you’ve chosen. Withdrawal of money is possible at any time from the zulutrade account.
Countless brokers worldwide offer ZuluTrade’s cutting-edge technology with 2.4 million registered users across the globe. ZuluTrade is the oldest and most recognizable copy trading platform. All content on comparebrokers.org is intended for educational purposes only and should never be considered financial advice. Yes, zulutrade offers customer support over the telephone.
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