Are you investing in ZuluTrade? Don’t miss our comprehensive analysis report on ZuluTrade’s products, fees and commission, minimum deposit and, much more.
ZuluTrade – review
ZuluTrade is a Greek-based social intelligence platform founded in 2007 with an aim to help users invest in a smart way. It is the pioneer in copy trading platforms and platform-agonistic social networks and has been the industry leader for 17 years. The mission of ZuluTrade is to simplify the trading experience and make it accessible to all.
ZuluTrade is more of a copy trading platform where brokers connect with the traders. The capital of the investors is handled by the broker they choose. ZuluTrade allows investors to copy the actions of experienced leaders and begin their trading journey.
How does ZuluTrade work? The working of ZuluTrade is quite different compared with the brokerage services.
- Leaders join ZuluTrade and share their trading strategies.
- ZuluTrade ranks the leaders based on their performance and trading behavior.
- Investors join ZuluTrade, select preferred leaders and copy their strategies based on their investment capital, risk tolerance, and financial goals.
Is ZuluTrade legit?
Yes, ZuluTrade is legit and it is regulated by multiple top-tier regulatory authorities such as:
- The Hellenic Capital Markets Commissions in Greece and under passporting provisions, that are available to the European Economic Area (EEA).
- The Financial Services Authority – FSA in Japan in Tokai Finance Bureau
- The Financial Services Commission – FSC in Mauritius
- The Financial Sector Conduct Authority – FSCA in South Africa
General Features
| Feature | ZuluTrade |
| Founded | 2007 |
| Members | 30M + |
| Presence | 150 + countries |
| Regulatory status | The Hellenic Capital Markets Commissions in Greece |
| Products | Traders, combos and investment baskets across Forex, Commodities, Indices, Stocks, Cryptocurrencies |
| Account types | |
| Minimum deposit | $300 |
| Withdrawal limit | No minimum |
| Trading platforms | |
| Mobile app | ZuluTrade for Social Trading |
| Base currency | USD, JPY, EUR, GBP, AUD |
| Support hours | 24×7 |
| Support contact | +30 2130117499 |
Awards and recognition
ZuluTrade won numerous awards such as:
- UF Awards MEA Dubai, 2024
- UF Awards Global Cyprus, 2023
- UF Awards Bangkok, 2023
- Fame Award SA, 2023
- UF Awards Dubai, 2023
Account types
There are two types of accounts facilitated by ZuluTrade.
Classic account
A classic account allows traders to perform both manual and copy-trading. In order to start trading with ZuluTrade, you need to connect with your broker platform ZTP, MT4, or MT5. This account suits advanced users.
Profit sharing account
Profit sharing account allows copy trading through ZuluTrade platform. This suits any user, novice or advanced since you start trading by selecting the traders or traders’ combos you wish to follow. This is the easiest and simplest method of trading as you can set your capital protection amount as well.
Minimum deposits
The minimum deposit required by ZuluTrade depends upon the broker used and it is $300 in order to start copying at least 3 traders. This deposit is ideal for starting a test account.
Types of Zulutrade brokers
ZuluTrade has three types of brokers. They are namely as follows:
Integrated brokers
They are brokers that are integrated into the ZuluTrade platform allowing copy trading by accessing and managing your account with the broker directly from Zulu platform.
Co-branded brokers
They are cooperating brokers with a co-branded ZuluTrade website, where you have to open an account independently with them to connect with ZuluTrade platform.
Standard brokers
Any broker offering trading accounts on MT4, MT5, ActTrader, XOH that enable trading in ZuluTrade platform.
Fees and Commission
ZuluTrade does not charge any subscription or account-related fees and users of the ZuluTrade platform do not have to pay any fees. However, $300 is required to start trading with ZuluTrade and a $100 balance is required to maintain the activation of ZuluTrade account.
- A monthly subscription fee of $30 is charged for ZuluTrade’s profit-sharing account.
- A 25% of monthly performance fee is applied on the profit amount above High Water Mark – HWM (maximum profit earned). The performance fee is not applicable on negative monthly P&L.
- Parameters such as minimum deposit, account trading size, leverage, base currency, etc. are entirely broker-related.
ZuluTrade – How to trade?
Trading with ZuluTrade is very easy with simple steps as follows:
- Get started with ZuluTrade on the home page.
- Complete the registration with your personal details.
- Choose the account type you want, live or demo. Verify your identity.
- Select a compatible broker from the list of ZuluTrade’s supported brokers’ list.
- Once your account is verified and set up, deposit the funds to your trading account through your chosen broker.
- Configure your trading settings and set up your trading preferences. You can also follow the signal provided if you wish.
- You can start with manual or auto-trading features with your selected signal providers.
ZuluTrade allows you to choose a broker from the list of supported brokers. If your broker is not integrated with ZuluTrade, you can follow these steps:
- Create an account with the broker you want to trade with.
- Add your broker details to the ZuluTrade website, where you can see the availability of your broker in 24 hours.
- Open an account with ZuluTrade with the same email and trade with your broker.
Why ZuluTrade?
ZuluTrade is largely preferred for numerous reasons, the key reasons being:
- Copy trading – allows to copy of the actions of experienced leaders.
- Multiple assets – allows to access assets like forex, commodities, crypto, indices, and stocks.
- Integrated brokers – allows to create their own integrated broker account without leaving the platform and enjoy free copy trading.
- Platform agnostic – Permits to Link any MT4, MT5, ActTrader, or X open hub broker account using our on-the-fly terminal connection within seconds.
- Broker agnostic – allows to link any of your existing broker accounts with your client ID or create a new account from the list of ZuluTrade’s co-branded brokers. Also allows to choose any other broker of the users’ choice.
- Capital protection – ZuluGuard capital protection is available for all investors and it is mandatory for EU residents using EU ZuluTrade platform.
There are also other specific features, that make ZuluTrade unique. They are the investors who benefit from ZuluTrade in aspects such as,
- Transparent trading platform
- Advanced tools for manual trading
- Innovative solutions to optimize trading experience
- Customer-centric service culture
- Learning environment that permits investors to interact with leaders
- Unique advanced features such as ZuluGuard, Discover Backtest, etc.
Trading tools
ZuluTrade offers a variety of trading tools to help with the traders’ investments.
- Simulation – helps users replicate the results of the leader strategies in a particular timeframe.
- Calendar – helps to check on the economic events.
- Calculator – includes several calculators such as pip, margin, profit, and currency converter to take the users’ risk management process to the next level.
- Pricing – pricing and charting tools that help traders make informed decisions.
- ZuluGuard – an account protection feature that monitors traders’ behavior and removes a trader when detecting a strategy that has deviated from its loss profile.
Support and contact
ZuluTrade has its head office in Greece and its corporate office in Cyprus. It has another office in Japan. ZuluTrade is available 24×5 at the central support.
- Contact number: +30 2130117499
- E-mail support is support@zulutrade.com for all languages.
Conclusion
ZuluTrade’s copy trading feature is very popular among investors and hence tens and thousands of traders worldwide follow ZuluTrade strategies. Unlike traditional investment funds, copy trading provides bigger advantages to generate greater profitability.
ZuluTrade complies with all the regulations of the markets and it has become the leading copy trading platform. It also integrates with various brokerage accounts, thereby enabling users to trade through their preferred brokers.
Trading with ZuluTrade is a great experience as the platform fosters a community where investors can share their trading ideas and strategies with each other.
Having more positives in our findings, we do recommend ZuluTrade that suits both manual and copy trading.
Pro Tips
In the world of investments, you should be well-informed yourself before risking your capital. We suggest you to choose a broker after knowing the purpose of your trading and verify your trading needs align with the broker’s services. Explore the reviews of our trusted forex brokers and investment opportunities such as stocks, CFD, and banking, etc.
