Experienced traders will appreciate xcritical, too, as it is comprehensive and advanced enough to keep them interested. This broker offers an insanely xcritical scam fast process time within 30 minutes from the time the request is made. Withdrawals are even processed 24 hours a day, 7 days a week.

zulu trade up program

The accesses to simulation tool are a scattered throughout the entire site, for example in the trader ranking page, or in the main dashboard of your account. ZuluTrade is well aware of the fact that many of the investors who land on its site does not have the right knowledge of the sector. Despite its efforts to explain certain things, it’s often the very people who don’t want to listen. Obviously, this is not your case because you arrived here on Investingoal and you’re interested in this topic. Knowing that his Maximum Drawdown is 840 pips, you will simply adjust your calculations considering this value to find what assign him, how much leverage and lot size to give him.

The ‘Daily High Low’ Based Forex Trading Strategy

Tradeo is an online trading platform and brokerage that makes it easy for anyone to invest in financial markets. ZuluTrade is the oldest and most recognizable social wealth management platform. Essentially, it allows investors to follow and mimic the trades of experienced traders in the forex and financial markets. However, the social element also enables traders and investors to leave feedback and share ideas. Today it boasts around two million users and executes a trade volume in excess of $800 billion.

  • He will join forces with ZuluTrade to build a global team and grow the affiliates and partners of the company with a roadmap that includes dedicated resources for Europe, LATAM and MENA regions.
  • Over the years, ZuluTrade has collaborated with many brokers and added several new features to its offering, including the ability to copy CryptoTraders as well as the launch of Combos and Crypto Payments.
  • Finvasia is a global enterprise that owns multiple brands in financial services, fintech, blockchain, real-estate, healthcare and technology sectors.
  • The list goes on and on of losing trades all the way down here.
  • Some brokers provide YouTube videos that are easy to understand; utilize the tutorials by applying what you have learned.

In addition, ZuluTrade utilises an interesting ‘profit-share model’ where traders sacrifice the traditional revenue archetype and focus on a subscription type system for access to their strategies. In other words, users can choose to share returns and will complete auto-trades at a discounted commission. This way traders are paid only if the strategies generate profit, strengthening the partnership and incentivising good performance. Somebody manages to trade constantly in black, but some no. And the thing here is even not in the skills or the strategy; the thing can be in psychology.

Who is social trading for?

One of the downsides to this software is it does not offer copy trading platforms and it has a limited product portfolio. Top brokers like xcritical offer cryptocurrency copy trading avenues to traders. This also comes with a copy trading platform that have been dedicated to crypto; some of these platforms include 3Commas and Coinmatics.

For a full list of countries in which you can access Zulutrade, see below. James is a lead editor for Invezz, where he covers topics from across the financial world, from the stock market, to…read more. In fact, their long-term commitment to reliable customer support was recognised with a BrokerNotes triple AAA support rating. There is a wide choice of brokers from a long list of different countries. The platform is also regulated in Japan (2014 – No. 1058 Member Associations / General Japan xcritical Advisers Association).

Zulutrade is a very good

One star means the follower investor, after his experience with that Signal Provider, agrees only for a 20% with the statement that is voting, 2 stars for a 40%, 3 for a 60%, 4 for a 80%, 5 for 100 %. It means that, if at the stroke of the end of the month, the Signal Provider still had some open positions, the amount of pips of those positions will be shown in the blue column. For example, suppose a Signal Provider has gained 300 pips during the month, and at the stroke of the month he has closed all the operations, except for one, in loss of -300 pips. The chart will show an orange column of 300 pips and a blue instead of -300 pips. Every day the pips accumulated with all the closed positions are summed together, and from that value is subtracted the worst drawdown of the entire account on that day, in terms of pips.

  • The market moves quickly, so it should be easy to execute or manage a trade with just one click.
  • This broker offers an insanely fast process time within 30 minutes from the time the request is made.
  • Let technology help your trades with the best social trading platforms on Fidelis CM. Follow and learn from the best trading strategies of experts at the click of a button.
  • A novice investor would be led to believe that this Signal Provider, until now, has lost a maximum of 207 pips before returning to generate a new profit in his equity line.
  • New traders can test the platform using a demo account that has been loaded with 2,500 virtual credits to allow them to enjoy the full social trading experience, without capital risk.

But you need to be very careful about who you actually follow and I’ll go onto that in a minute. So yeah, I’ve not had any problems at all with Triple-A Effects in themselves, and it’s pretty easy to get set up with them. And it looks like you can even select it and go through the process while you’re actually on the ZuluTrade website.

Tools to enhance your tradingTools to enhance your trading

If the platforms are glitchy or slow, trading will be a nightmare. Luckily, that is not the case with xcritical, as it provides some of the best platforms in the business, including MetaTrader4, ZuluTrade, xcriticalGO, and AvaOptions. This broker profits through commissions, interest https://xcritical.online/ rates, swap fees, and spreads. The company claims that the longer clients work with them, they will receive more benefits and higher status. We couldn’t find any more information on this claim on the website, so it’s unclear what type of benefits would be received if any at all.

  • Within the open positions section, you will find the list and details of the open and not yet closed transactions, divided by Signal Providers.
  • And because if someone has just come onto the scene three months ago, they might look amazing but that doesn’t mean that they’re going to continue to be profitable.
  • XTB is one of the world’s largest stockbrokers, operating in 11 countries including the UK, Poland, Germany and France, to name but a few.
  • I mean, you could say “wow this guy’s having an amazing week”.

So I can’t withdraw them because the fee is higher than the available amount, and I can’t also forfeit it for the account to be closed. That alone wouldn’t prove it was them who gave my data away, but yesterday I got a call from someone pretending to be AAAFX , knowing my ID, and claiming I have outstanding funds but have to pay to recover them. I have sent many many e mails to , but no body satisfied me about my below mentioned questions, if you guide me, I will be greatful to you. So I want to conclude with my high-tech document here of some of the pros and cons. You’ve probably been making your own mind up as I went through the video, but let’s just start with the pros of ZuluTrade.