ZuluTrade review and test – how good is the copy trading platform?

Review:Regulation:Partnered brokers:Type:
4.5 out of 5 stars (4.5 / 5)HCMC # 2/540/17.2.201050+ globallySocial trading platform
ZuluTrade logo

Is there such a platform that exists which allows you to copy trades from the best traders? ZuluTrade is known as a platform that allows online social and copy trading. Is this platform unlike any other? How secure is the ZuluTrade Platform? What makes the ZuluTrade Platform different from other platforms? The company is partnered with over 50 Brokers around the globe. How does ZuluTrade work? Let’s find out together in this review.

ZuluTrade official website
ZuluTrade official website

What is ZuluTrade? – The company presented

ZuluTrade is a copy and online social trading platform. This firm was founded by Leon Yohai in the year 2007. ZuluTrade has clients from 183 countries around the world. Plus it accepts more than 50 Brokers worldwide. Initially, Yohai wanted to create software that allows him to copy trades from the best traders. With this idea, ZuluTrade was made possible.

The platform connects the gap between essential data in money markets and trade execution by converting the advice of the best traders and most talented traders around the globe. Also, this platform enables traders to give feedback and share ideas in trading at the same time. It can audit global Traders and share their strategy with the investors that are interested in their trading approach. Thus, it enables traders to pursue their trades to their live accounts with their chosen broker.

ZuluTrade is based in Greece and Japan
ZuluTrade is based in Greece and Japan

The concept of the brand is to offer an environment where global traders are able to connect any trading platform and share knowledge and ideas to get better trades. The vision of ZuluTrade is to become the world’s biggest social trading community worldwide that offers its clients customer-focused investment solutions for the best trading experience.

Facts about ZuluTrade:

  • Founded in 2007
  • Founded by: Leon Yohai
  • Online social and copy trading platform
  • Global platform
  • Trading community
  • Software that allows traders to give feedback and share knowledge

The best brokers for traders in our comparisons – get professional trading conditions with a regulated broker:

Broker:Review:Advantages:Free account:
1. Capital.com
5 out of 5 stars (5 / 5)
➔ Read the review
# Spreads from 0.0 pips
# No commissions
# Best platform for beginners
# No hidden fees
# More than 3,000+ markets
Live account from $ 20:
Open your free account

(Risk warning: 78.1% of retail CFD accounts lose money)

Security for ZuluTrade investors

ZuluTrade is partnered with regulated and legit brokers. Accounts that are used to trade with ZuluTrade are protected by the software’s own security feature – ZuluGuard. ZuluGuard Capital Protection monitors each trader’s behavior and automatically removes a trader when a trading strategy that swerved from its expected loss profile is detected. It is available for all investors and it creates a protective shield for your investment capital. ZuluGuard is mandatory for the European and U.S. versions of ZuluTrade’s service.

ZuluGuard

Summary of regulation and security:

  • Authorized and regulated
  • A secure and safe platform
  • Partnered with legit and reliable brokers
  • Has own software security feature – ZuluGuard Capital Protection

Conditions and offers for ZuluTrade traders and investors:

ZuluTrade is a platform that allows you to trade (automated trading) with your own rules. This software has a built-in  ZuluTrade Automator as if it’s your own personal assistant. Basically, it allows you to monitor and keep track of your account by sending you notifications and updating you with its status. It simply watches the things happening or automatically executes any action you would otherwise do yourself, then notifies you about it. You can create and execute your own automated rules. You can customize and create your own settings, by building your own automated rules.

This platform made online social and copy trading possible. You can choose from among the best performing traders around the globe. ZuluTrade only chooses Brokers that are secure, reliable, regulated, and legit. These Brokers are offering a variety of assets that you can choose from like Forex, cryptocurrency, stocks, shares, and many more. It offers good charting indicators and is advanced software. It has the best support that offers you several language options for its customer service, gives you free video tutorials, free Blogs, offers free demo accounts, etc.

You can also follow the best CryptoTraders from around the globe. Trading CFDs on Cryptos is now a high-rising trend in the trading industry. You can auto trade cryptocurrencies like Bitcoin, Litecoin, and Ethereum with reduced commissions. Additionally, ZuluTrade enables you to choose from multiple CryptoTrading options and auto-trade BTC/USD, ETH/USD, LTC/USD, BCH/USD, and XRP/USD through ZTP, with its fully-fledged web-based Trading Station.

Trading conditions with ZuluTrade
Trading conditions with ZuluTrade

Also, ZuluTrade offers its Traders the so-called Combos which allows them to choose from among combinations of the best Traders that builts diversified strategies. Basically, Combos are managed Trading Services by ZuluTrade Certified Management Portfolio Team that reviews Traders thoroughly and selects the ones with these qualities: have a win of a certain percentage above 30%, long term positive ROI, executed more than 100 trades, and stable trading activity of at least 15 weeks. These Traders are high-performance traders in the trading industry. They are grouped in dynamic combinations, that communicate diverse risk appetites and strategies to follow.

Trade from 0.0 pips over 3,000 markets without commissions and professional platforms:

(Risk warning: 78.1% of retail CFD accounts lose money)

ZuluTrade chooses the Combos thoroughly by this qualification
ZuluTrade chooses the Combos thoroughly by this qualification

Facts about conditions for traders:

  • Online social and copy trading
  • Offers Brokers that trade forex, cryptocurrency, stocks, shares, and many more
  • Autotrading
  • Offers Combos
  • Good charting indicators
  • Regulated and authorized
  • Secure and competitive platform
  • Partnered with more than 50 trusted brokers around the world
  • Multilingual 24/5 support department
  • Offers demo accounts, video tutorials, etc.

Overview of ZuluTrade Brokers

Brokers at ZuluTrade are well-reviewed and are made sure to be legit brokers. ZuluTrade offers brokers that you can choose from which are authorized and regulated by well-known regulators like Financial Conduct Authority (FCA)Cyprus Securities and Exchange Commission (CySEC), and many more. This platform only works with the best and trusted brokers in the trading industry.

Here are some of the top brokers that you can choose from:

Broker:Min. deposit:Regulation:Review:
Triple A FX (AAAFX)$300EU Regulated Broker (id:2/540/17.2.2010)➔ Read the review
SWISSQUOTE$1,000FCA (UK), FINMA (CH), DFSA (UAE), MFSA, SFC, MAS➔ Read the review
IC Markets$200ASIC (AU), CYSEC (CY), FSA (YE)➜ Read the review
Pepperstone$200FCA (UK)➜ Read the review
FXCM$380FCA (UK), AFSL (AU), FSCA➜ Read the review
AvaTrade$500Central Bank of Ireland➜ Read the review
Intertrader$500FSA➔ Read the review
ThinkMarkets$200FCA (UK)➔ Read the review
Lirunex$500LFSA, CYSEC➔ Read the review
Everfx$250FCA (UK), CYSEC (CY)➔ Read the review
Weltrade$100Offshore➔ Read the review
NPBFX$500FSA➔ Read the review
ADSS$2,000FCA (UK)➔ Read the review
Hantec Global$0FCA (UK), FSC (MAU)➔ Read the review
AxiTrader$200ASIC (AU)➜ Read the review
FXOpen$500Financial Commission➔ Read the review
BlackBull Markets$200FSPR, FSCL➜ Read the review
Amana Capital$0Offshore➔ Read the review
FXCL$150Offshore➔ Read the review
Instaforex$1BVI FSC, CYSEC➜ Read the review
TitanFX$200Offshore➔ Read the review
GKFX Prime$200BVI SIBA/L/1066➔ Read the review
ICM.com$100FCA (UK)➔ Read the review
ActivTrades$500FCA (UK)➔ Read the review
IFS Markets$100AFSL (AU)➔ Read the review
Land-FX$300FSA➔ Read the review
Rakuten Securities$50AFSL (AU)➔ Read the review
OANDA$200ASIC (AU), IIROC (CA), FCA (UK)➔ Read the review
USGFX$100FCA (UK), ASIC (AU)➔ Read the review
QtradeFX$100Offshore➔ Read the review

Also, ZuluTrade charges no fees to open accounts with any of the collaborating Brokers. However, it is best to confirm if there are any charges with the Broker of your preference.

The best brokers for traders in our comparisons – get professional trading conditions with a regulated broker:

Broker:Review:Advantages:Free account:
1. Capital.com
5 out of 5 stars (5 / 5)
➔ Read the review
# Spreads from 0.0 pips
# No commissions
# Best platform for beginners
# No hidden fees
# More than 3,000+ markets
Live account from $ 20:
Open your free account

(Risk warning: 78.1% of retail CFD accounts lose money)

Mobile Trading is possible with ZuluTrade

ZuluTrade also features mobile trading. Clients can always access and use their ZuluTrade account on their mobile device (iOS or Android). This app is free and available to download in AppStore (for iOS users) and GooglePlay (for Android users). This app allows you to open, close, and edit manually traded positions wherever you are, whenever you want as long as connected to the internet. Also, it automatically executes your selected trading systems’ signals without you monitoring the markets 24-hours a day. It is very convenient and user-friendly. Plus it manually closes trades from Traders and manually adjusts stops and limits.

Mobile Trading App with ZuluTrade
Mobile trading app with ZuluTrade

Charting and analysis are possible

Charts are divided into daily, hourly, and minute views. ZuluTrade offers good technical charts (Candlesticks, Bar, Lines). The ZuluTrade charting has a good variety of indicators that offers clearer capture of the market movement and is customizable. These indicators are very significant and helpful. ZuluTrade highlights the advantage of having each of its charting indicators: SMA (Simple Moving Average) and EMA (Exponential Moving Average), Parabolic Stop and Reverse (parSAR), MACD (Moving Average Convergence-Divergence), Stochastic Oscillator, Bollinger Bands, and Stochastic Oscillator. These indicators can be a great help in analyzing the markets and having better trading decisions.

Charting with ZuluTrade
Charting with ZuluTrade

The SMA (Simple Moving Average) and EMA (Exponential Moving Average) are both indications of technical (statistical) readings f the price movement. These are used to fill in the effects of the proven volatility and creates a more lucent picture of the price trend changes. The Parabolic Stop and Reverse (parSAR) which is a time and price-based indicator. It tracks the price as the trend extends over time. Additionally, ZuluZTrade charting possesses an indicator that uses average movements that track trends and momentum. This indicator is very useful and is called MACD (Moving Average Convergence-Divergence).

When the average movement goes towards each other, convergence occurs, and when the average movement goes away from each other, divergence occurs. Another indicator is a momentum indicator. This is called Stochastic Oscillator and it follows the speed or the momentum of the price, as the momentum changes direction before price. On the other hand, the Bollinger Bands indicator is a volatility band that is placed above and below a simple moving average. When volatility occurs, it basically indicates the level of deviation from the average price. Lastly, another indicator that is highlighted by ZuluTrade is the Average directional index (ADX). This indicator measures the strength of the trend without taking the trend direction into consideration.

Plus, the charting capability of ZuluTrade supports three types of charts: Candlesticks, Bar, and Line. We can say that the charting capability that ZuluTrade offers its clients are a good deal and is worth it.

Trade from 0.0 pips over 3,000 markets without commissions and professional platforms:

(Risk warning: 78.1% of retail CFD accounts lose money)

Trading Tutorial: How to trade with ZuluTrade

It is easy to trade with the ZuluTrade platform. ZuluTrade users are called ‘Traders’. It is an indication for someone who trades either on a Demo or Real account while ZuluTrade broadcasts his/her results and statistics through its website.

First, you should be on the official website of ZuluTrade and browse to choose a Trader that you wish to follow. You will see the ‘Trader’ section on the upper corner of the homepage of ZuluTrade. From there you can check and read about the available Traders to choose from. You can read about their reviews, ranking, performance, etc. When you have already decided which Trader you want, you will be prompted to a section called ‘Trader’s Strategy’ where you can select the available amount of the trading capital you wish to invest in. For advance/professional Traders, you can go to ‘Advanced Settings’ if you wish to make any additional changes or special indications (optional). After that, you just need to click ‘Follow’ on that section to confirm and you are good to go.

Follow a Trader
Follow a trader

Step by step tutorial:

  1. Browse and choose a Trader you wish to follow.
  2. Click ‘Follow’ on the Trader chosen.
  3. Select the amount of the trading capital you wish to invest in.
  4. Go to ‘Advanced Settings’ if you wish to make any additional changes or special indications (optional).
  5. Click ‘Follow’ on that section to confirm.

Free demo account for new users

Before using real funds, we highly recommend first getting a demo account to make yourself comfortable with the platform. ZuluTrade offers free demo accounts that are available for both new users and experienced users. The process of opening a demo account is easy. First, you need to register by giving in necessary details like your full name, email address, phone number, and create a password. Make sure that you have clicked the “Demo Account” on the registration form. Then, select what account type you prefer (Profit Sharing or Classic) and select the account properties like balance, leverage, etc. You should receive a verification email on the email address you registered. All you need is to click on the verification link, then your demo account will be automatically activated. The demo account has free virtual funds worth €100,000.

Trade from 0.0 pips over 3,000 markets without commissions and professional platforms:

(Risk warning: 78.1% of retail CFD accounts lose money)

How to open your account

In order to register an account to invest in real funds, you should first click on “Real Account” in the registration form. You should fill in up necessary details like your first and last name, email phone number, and create a password to secure the account. After completing the process, you should receive a verification email on the email you registered. You would need to decide and choose the type of account you prefer – Profit Sharing or Classic. Then you should select as well the broker that you wish to collaborate with (bear in mind that you can use an existing broker account or you can create a new one through the ZuluTrade platform).

Depending on each case, after either using your existing account with the broker or creating a new one with ZuluTrade, basically, you would be directed to the broker’s website and would be given instructions on what steps you need to take next. You should fill up the requested information to complete the process. Once everything was given correctly, the setup process usually takes 2 to 3 business days. ZuluTrade then will send you the login details of your ZuluTrade account once your account is fully set up and funded through your broker. If ever you have not received your account login details in the given time, please contact your broker directly to ensure that the application is complete, as well as required documents and funds have been received and approved.

Register an account with ZuluTrade

Please be aware that parameters such as the minimum deposit, account trading size, base currency, leverage, etc. are all broker-related. Also, take note that there is a requirement of a $100 minimum balance to maintain your Broker account linked to ZuluTrade.

Account types

Zulutrade platform offers 2 types of accounts: Profit-Sharing and Classic Account. Profit-Sharing Account is most recommended to all types of users, either a beginner or a professional. This is due to the fact that this account is easy and has a simple way to trade, and no experience is required. You may also do manual trading, however, it is not recommended. With this account, you are aligned with your traders. While you trade with discounted commissions, your traders are paid off for the profits they generate in your account. On the other hand, the Classic Account is recommended for advanced or experienced users. You can perform both, manual and copy-trading with this account. It is manageable, allows you to update your trading signals, close trades, lock a Trader, or your trades. Plus, you would have access to advanced features.

Account types offered by ZuluTrade:

  • Profit-Sharing Account ($30 monthly subscription + 25% share of profits, zero trading commissions) recommended for hands-off investors
  • Classic Account (commissions) recommended for advanced users

Trade from 0.0 pips over 3,000 markets without commissions and professional platforms:

(Risk warning: 78.1% of retail CFD accounts lose money)

Review of deposit and withdrawal methods

ZuluTrade payment methods affiliates are via Paypal (for amounts up to $3,000), bank wire transfer, and MasterCard or e-wallets. The method is depending on the broker you choose. There can be fees or it is free to deposit and withdraw. Please check the information on the broker’s website.

  • PayPal, bank wire, credit cards, e-wallets, and many more
  • The payment method is depending on the broker you choose
  • There can be fees

Fees and costs of ZuluTrade investors

Registration with ZuluTrade is absolutely free, however, to maintain your Broker investment account connected with ZuluTrade, your balance should always exceed $100. The minimum deposit to activate an Investor account depends on the Broker that the user chooses to collaborate with. Also, take note that some brokers may charge a small flat commission in order to link your account with ZuluTrade’s service. Furthermore, there are no charges or fees from ZuluTrade to open accounts with any of the collaborating Brokers. However, it would be best to confirm if there are any changes with your broker.

ZuluTrade customer support and service review

ZuluTrade has multilingual customer support that operates 24 hours a day, 5 days a week. The operations start from Sunday 21:00 UTC to Friday 22:00 UTC. The languages supported are English, German, French, Italian, Spanish, Portuguese, Russian, Arabic, Japanese, Chinese, and Greek. You can reach their agents through phone support, email support, and live chat support. Plus, ZuluTrade has been named “Best Customer Service” in the industry. Users around the globe have rated their customer support with a 4.7 out of 5 point rating.

Live chat support of ZuluTrade

The central support hotline of ZuluTrade is +30 213 0176 399 and might have international charges.

Please see the table below for other contact numbers:

Continent:Country and phone number:
EUROPEUnited Kingdom, London – +44 20 3355 8805
/ Russia, Moscow – +7 499 918 7378 / Spain, Madrid – +34 911 87 7655 / Greece, Athens – +30 213 0117 499
AMERICAMexico, Mexico City – +52 55 4170 8137 / Colombia, Cali – +57 2 891 2645
ASIA & AUSTRALIAJapan, Tokyo – +81 3 4588 8774 / Australia, Melbourne – +61 3 9008 4202

Additionally, ZuluTrade offers a Trader Guide to its users to help them better understand the process. Also, there are free knowledgeable articles and blogs that you can read and get insights from.

Facts about ZuluTrade Support:

  • Multilingual 24/5 customer support
  • Phone, Email, and Live Chat Support
  • Help Centre
  • Offer Trader Guide
  • Free knowledgeable articles and blogs
  • Best Customer Service with a rating of 4.7/5

Trade from 0.0 pips over 3,000 markets without commissions and professional platforms:

(Risk warning: 78.1% of retail CFD accounts lose money)

Conclusion of the review: Is ZuluTrade legit and not a scam? – We think: Yes

ZuluTrade has made possible a platform or software that allows traders to copy trades from the best traders. The software is indeed unlike any other because of its special features, good charting indicators, and advanced settings. It is secure proven that it is regulated and chooses reliable and legit Brokers in the trading industry. It has its own security features that will give you confidence in investing. It has very good customer support and has quality service. ZuluTrade gives you the freedom to choose and offers you more options in trading with your own rules. We recommend this platform because of its reliability, uniqueness, and excellence.

Advantages:

  • Allows copy trading and automated trading
  • Software that allows traders to give feedback and share knowledge
  • 24/5 multilingual customer support
  • Offers good support through blogs, video tutorials, etc.
  • Partnered with top traders around the globe
  • Broker options are reliable, secure, regulated, and legit
  • Choose from Brokers with various assets
  • Regulated and secure software
  • Good charting indicators
  • Mobile Trading
  • Able to link an account to the MT4 platform

ZuluTrade Review

ZuluTrade test and review

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Summary

ZuluTrade is one of the best existing trading platforms. It can convince all along the line. Also, beginners can have an easy secure and smart start.

4.5

ZuluTrade is one of the best social trading platforms. It is transparent and you can choose a broker you want. 4.5 out of 5 stars (4.5 / 5)

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Experienced traders since 2013

Trade from 0.0 pips over 3,000 markets without commissions and professional platforms:

(Risk warning: 78.1% of retail CFD accounts lose money)

FAQ – The most asked questions about ZuluTrade : 

For what is ZuluTrade famous?

ZuluTrade is famous for being an online social and copy trading platform where traders can easily copy the open positions of others according to the price action movements of the particular trading market. Plus, it is also known for the excellent security and encryption layers the marketplace has to ensure the funds of every user and the transactions are protected from any vulnerability, inside and outside threats, and cyber hacking. 

What is the main aim of the ZuluTrade marketplace? 

The prime function of the ZuluTrade is to bridge the gap between the execution of different trades and datasets concerning the markets. They aim to use the advice from the most talented investors and traders worldwide through trading, also known as social and copy trading.

What are the advantages of using ZuluTrade brokerage?

With no Commission or hidden fee, ZuluTrade brokerage is certainly one of the best platforms for investing and trading in multiple commodities and assets. It is ideal for beginners and offers access to more than 6000 marketplaces. Even the spreads start from 0.0 pips which is a great advantage for the amateurs.

Can the ZuluTrade trading platform be trusted?

Yes, the ZuluTrade trading platform is worthy of trust and reliability, thanks to its partnership with top-tier regulatory bodies and several legitimate brokers worldwide. It is protected by ZuluGaurd, the company’s software program monitoring the activity of every single trader on this marketplace.

See other articles about online brokers:

Last Updated on January 27, 2023 by Arkady Müller