Estimated reading time: 2 minutes
Zulutrade is one of the most popular social trading platforms worldwide.
About the Company:
Zulutrade was founded in 2007 by Leon Yohai and was created to enable knowledgeable traders share their trading styles with other traders.
They have offices in New York, Athens, Hong Kong e.t.c
The basic function of Zulutrade is to enable advanced forex traders to provide forex signals to other traders free of charge.
With zulutrade, there’s no need to trade by yourself. Only a little effort is required on your part.
Anyone can register to become a signal provider(SP) at zulutrade. What guarantees the success of any SP is the ability to give out many profitable trades to their followers.
Also, anyone can register with Zulutrade and start benefiting from the signals given out by the professional traders.
Zulutrade platform supports many popular forex brokers like FXCM, AAAFX, AGEA, Forex.com e.t.c
If you’re new to zulutrade, i suggest you read about Zulutrade for beginners because this article is just a review of my experience with the platform. If you’ve been trading with the platform, you are also welcome to leave your own review and rating.
Recently, i saw that more and more traders are beginning to term zulutrade as “scam”. This may be because they lack the ability to control how the SPs send signals to their accounts.
Imagine a trader choosing an SP with a high draw down of up to 800 pips just because the SP has 100% winning rate. Why won’t you blame zulutrade for your losses.
You have 100% control of how the SPs trade for you, so there’s no need to blame anyone.
In my own opinion, Zulutrade is a wonderful, creative and innovative platform that can help newbie traders to skyrocket their ROI by more than 100% in less than 6 months.
I generate consistent monthly income with reasonale ROI with Zulutrade alone and am not even a guru, so there’s no need why you can’t do the same.
Most people fail with this platform because they jump right into live trading without first practicing on the free 30 day demo account. My advice is to learn everything about the platform with your demo account, contact the live chat support on anything you don’t understand and they’ll be glad to help you.
If you’re entirely new to forex trading and want free signals with zulutrade, then read this article.
Forget about all those indicators and expert advisors, learn about zulutrade well, learn to control the settings, and you’ll be able to move your monthly income to greater heights.
Are you currently trading with zulutrade, let us know your good or bad experiences with them.
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