Zulutrade deals with both networks of managed account and hybrid forex signals. Through Zulu trade, a trader can easily view the signals from the world’s best provider, and these are automatically traded in your personal account. All of this is provided without any cost. The main objective of Zulu trade is to shrink the gap between all the important information that are spreading in the money market and then this information is converted with the advice of the most expert traders. As a result, a win-win situation appears for the one who is seeking for it.
Zulu trade brings the profit in the form of rebates from the brokers who use their system and then this rebate is further shared with the signal providers. At the moment, AVAFX, iTradeFX, and Forex.com are the sole brokers that users should have live accounts in order to use the trading platform of the Zulu trade. If you want to go with the easy way, then at first you should create an account with the AVAFX and then move to the Zulu trade.
Zulu trade has no connection with the signal providers mentioned above, so one can be easily associate himself with these providers. This way, you will have the option to choose from various service providers, and a detailed performance record of every provider is available. The end user has the option at his end to carry out a research a find the best possible provider for him based on their winning percentage. All the performance data is updated daily.
Registering yourself with a demo account on the Zulu trade is quite simple. However, one must have a live account which is being supported by the Zulu trade. Along with that, one must fill a form that needs to be faxed to the Zulu trade. Broker is responsible for withdrawal of profits, not Zulu trade. This is because Zulu trade just acts as a platform that connects the trading account of the end user with the Signal providers.
Overall look of their website is good with a professional touch. One can easily find the data of any signal provider from the hundreds and from that he can sort out providers based on the best pip count, and assuming best winning percentage. All the data from the signal providers is authentic and audited. Hence, there is no chance of any false report. Under “My Account” section of the end user profile, they can easily manage all of their selected signal providers along with the history of their trading.
After spending two weeks with Zulu trade, I would recommend this service to everyone who wants to enhance his profits through the forex, and that too by letting someone else managing your work. Each and everything is easily explained on the website. The support also gives a prompt reply to all the emails.
Along with the prompt email service, online chat is also available for the 24 hours, plus support can also be taken through the phone. Risk is involved in every business, so here risk can be that maybe if a signal provider is giving well results today, but you can’t guarantee for the same in the future. However, if more than 90% results are in the favor of signal provider for over 400 pips, then it can be said that this trend will likely carry on for the future. To minimize the risk, it is recommended to choose one or two service providers. I would recommend you to take a demo of the Zulu trade and see how it works for you.
I would like to give it 3.5 out of five stars.
We can suggest you to test this forex brokers and integrate Zulutrade account with them :
1) Avafx – great support and fast payments – Avafx Zulutrade
2) Alpari NZ has a lot of payment options (moneybookers, web money, credit cars, wire trasnsfer etc…)
2) Dukascopy.com has great platform.
3) FXCM the biggest forex broker