Here’s what consumers have asked with answers from ZuluTrade staff and previous consumers.
Hi Lisa, ZuluTrade has been founded in 2007 and since then had a series of product and user growth. We have been in the industry for more than 13 years offering innovative copy trade and social trading features to our Users, Investors, Traders, Brokers and Partners. Thus, we are nothing like a scam, since we are among the few trading platforms offering a wide range of products and account types, including Profit Sharing, which means that we align the interest for all parties. You can check our service at our official website or contact our 5 star customer support that will be available for anything you might need via Chat, email or Phone. Best regards, ZuluTrade team
Certainly. ZuluTrade provides several risk management features to help reduce the risks associated with copy trading. For example, they have a Margin Call-O-Meter that shows the risk level of your account in real time. You can set a Stop Loss or a Take Profit level for each trade to automatically close it when it reaches a certain level. Additionally, ZuluTrade has a "ZuluGuard" feature. This safety net monitors your account for unexpected changes. It can intervene by disabling or adjusting your copy trading settings to help protect your account. However, it's important to remember that trading always carries some level of risk, and there is no guarantee of profit or protection against losses. It's essential to do your research and understand the risks before engaging.
Oh, I'm afraid that nobody will give you a definite answer to this question. Because everyone chooses a broker that suits him according to trading conditions and some other parameters. So you should make this choice yourself.The ZuluTrade website has a list of brokers with which the company cooperates directly. There are reliable and trustworthy companies among them. So no matter what you choose, your choice will not bring you much disappointment.
If there would be such a thing as a perfect trader with a perfect trading system then at Zulutrade there would be only one trader with perfect strategy and everybody would follow him making millions of dollars per day. All the people would be millionaires and nobody would have to work anymore. But luckily it's an utopia. Therefore you need to choose the trader according to your needs and financial goals. Also keep in mind the risk exposure of each and every strategy you analyze.
If I got you correctly you need an assistance to sort with the simulator offered by the platform? No probs! Just click on the simulate button, set the required sum of money you are planning to start off with, choose the most convenient timeframe and push "add leaders" button. Examine a leader's ROI, position in the rank and other variables to pick the most favorable one. That's it. Don't tell me that I misunderstood ya :D
Every trader has a public page where you can view its trading history. You can even download a detailed report if you wish. Don't forget that you are not helpless once you entrust you capital to the trader. At any time you can have your trade locked manually if it seems to you there's something wrong.