• ZuluTrade

Overview

ZuluTrade has a rating of 3.23 stars from 22 reviews, indicating that most customers are generally satisfied with their purchases. Reviewers satisfied with ZuluTrade most frequently mention copy trading. ZuluTrade ranks 146th among Currency Trading sites.

  • Service
    10
  • Value
    8
  • Quality
    12

This company does not typically respond to reviews

Positive reviews (last 12 months): 81.8%
Positive
9
Neutral
0
Negative
2
1
See all photos
How would you rate ZuluTrade?
Top Positive Review

“What I needed”

Noah S.
5/23/23

I heard about this platform after finding out the integration between this and my broker. Then I realized, I could do my own trades there too. But I care less of my trades now, because I found people who are doing it way better than me. I can just count on them do get better results for me! Even if I realize they are not doing it really good anymore, I can just switch to someone else, stay on top of the game always. I can replace them anytime, which keeps my portfolio and results dynamically positive.

Top Critical Review

“Scam website that has to been taken down.”

Will M.
4/10/24

Please Stay away from this Site they will take your deposit with smile and wait till the day you wanted to withdraw your funds before you start having issues sending you different types of excuses and advice you to invest more so you can withdraw everything together that's nothing but a lie until I reported to Sp-ect(rum-crest and they help me retrieve my capital back with the profit.

Reviews (22)

Rating

Timeframe

Other

Thumbnail of user noahs332
1 review
0 helpful votes
May 23rd, 2023

I heard about this platform after finding out the integration between this and my broker. Then I realized, I could do my own trades there too. But I care less of my trades now, because I found people who are doing it way better than me. I can just count on them do get better results for me! Even if I realize they are not doing it really good anymore, I can just switch to someone else, stay on top of the game always. I can replace them anytime, which keeps my portfolio and results dynamically positive.

Thumbnail of user justinm1738
1 review
0 helpful votes
June 5th, 2023

ZuluTrade has a pretty cool copy-trading system. What I really like about it is that you can pick from heaps of traders with different styles. All their stats are there, and they give you loads of info on how well they are done in the past. Plus, you don't have to be into crazy big risks as there's plenty of options for whatever your goals might be.

Quality
Thumbnail of user lucjuszp
1 review
0 helpful votes
February 17th, 2023

For the copy trading enthusiasts Zulutrade is a gold mine. The abundance of traders with their own hand crafted strategies with different profits/risks exposure.
On top of that the variety of brokers, predominantly the top tier ones. The very process of setting up the account and starting copying is easy and intuitive even for people with no experience whatsoever.

Thumbnail of user vladimirosk
1 review
0 helpful votes
May 9th, 2023

It's been not too long since I started copy trading with this company so I don't have any substantial results yet.
However, I can say that all the services are thought through to be maximum convenient for the clients. It may be confusing at the beginning. If it is in contact with client support, they will definitely help you.

Service
Value
Quality
Thumbnail of user angelinaw56
2 reviews
2 helpful votes
September 22nd, 2022

Great platform! It's so easy to use for a beginner like me who literally has no knowledge and zero trading skills. I could have never imagined that copy trading can be so much fun.

Service
Value
Quality
Thumbnail of user steffene4
1 review
0 helpful votes
May 28th, 2023

A friend of mine convinced me to take a look at this platform. Now that I think of it, he might be a trader, or leader here and that's why he was persistent. What I appreciate most is how the platform is a mix of clients from different brokers. Also, the way ZuluTrade ranks the traders and shows risk levels and all of that. It in really innovative.

Thumbnail of user benjaminm786
1 review
0 helpful votes
June 4th, 2023

I am not into this whole idea of copying other people's trades thing much. I am more of a lone wolf in the markets, I like to do everything myself. I am not giving up just yet, but I tried this platform a bit, and it seems like a good alternative to have in the back of my mind. I can also traded on my own here, and the broker is good in that sense.

Value
Quality
Thumbnail of user kair50
1 review
0 helpful votes
May 29th, 2023

ZuluTrade has both its merits and areas for improvement. One of its strengths is its popularity and wide selection of traders. The interface is clean and intuitive, making navigating and managing trades easy.
Although the fees are reasonable, they can accumulate, especially for frequent traders. However, it is worth noting that the quality of the traders can be variable. Many skilled and consistent traders are on the platform, as well as underperforming ones.
On the other hand, customer support has been exceptional - responsive and knowledgeable.

Thumbnail of user marcusj217
1 review
0 helpful votes
July 9th, 2023

Do not use this app. They are fake and not reliable enough for any payment. I deposited $9000 worth of bitcoin and I was made to pay for my withdrawal and their customer support team is not responding to email but I was lucky that I got my refund using Tra derep0rt • 0 r g, and I got back to my account safely

Products used:
Crypto

Thumbnail of user imranv6
1 review
0 helpful votes
June 6th, 2023

I liked the fact that despite the presence of statistical data about the Leaders, the company formed the ratings. Thanks to these ratings it is much easier to find the most profitable or the most promising Leader.

Service
Quality
Thumbnail of user willm521
1 review
0 helpful votes
April 10th, 2024

Please Stay away from this Site they will take your deposit with smile and wait till the day you wanted to withdraw your funds before you start having issues sending you different types of excuses and advice you to invest more so you can withdraw everything together that's nothing but a lie until I reported to Sp-ect(rum-crest and they help me retrieve my capital back with the profit.

Products used:
Spectrum-crest.com

Thumbnail of user fernandop65
13 reviews
1 helpful vote
May 1st, 2023

Best software for copy trading journey. I like the company did everything to depict transparent information about traders I am going to follow. It's very handy.

Service
Quality
Thumbnail of user vitaliym11
1 review
3 helpful votes
November 26th, 2020

I spent with Zulutrade about 10 years as affiliate and a trader. This year I have reached the minimum amount for payout first time. And Zulutrade has declined my first earnings due the 700 points rule. I need to say that the main essence of the situation is not that I was fined, but that with one click someone crossed out all the accumulated funds. Not only for a specific month, or for specific trading positions, but absolutely all the funds that I have collected on this account since the moment it joined ZuluTrade.

I wrote to trader department and talked to manager. He said that the 700 points rule will be canceled in few days for traders with live forex accounts. But month passed... and Zulutrade declined all my funds second time. Do I need to say that this was done on the basis of the same open trading positions, for which all my savings were destroyed the previous time?

And what do you think, all these (so far) about 1000 dollars of commissions were paid back to the users who paid for them, or Zulutrade kept them for themselves, taking them from the users and not paying the trader? Can it be called a fraud in this case, or what is it called? However, they still take commissions from followers for my work. And I can suspend (not delete) my Zulutrade account only when all orders on the account are closed.

The questions to Zulutrade:

1) If You decline all my current, past and future earnings, why can't i suspend opening the new trade positions and wait when the old positions (for which you decline all my earnings) will be closed, and i can deactivate my account?

2) If you decline trader's earnings, why don't you pay back those comission to the followers?

3) I don't even ask you why do you decline all the accumulated funds but not a part of them for the specific trade positions. But the question is: where's the common sense?

Tip for consumers:
Zulutrade promotes it's own "professional traders", that can help to make 0 from any your amount for 2-4 weeks. If you are Investor, then there are few other similar platforms which at least don't go the same way.

If you are trader, then my rewiew is for you.

Products used:
I worked affiliate and signal provider. And still have both accounts at Zulutrade. Here is providers link - https://ru.zulutrade.com/trader/399123/trading

Service
Value
Quality
Thumbnail of user marketingt6
ZuluTrade S. – ZuluTrade Rep

Dear Vitaly,

Thank you for this review and for having been one of our signal providers for 10 years now. I’m sorry to hear that the platform does not meet your expectations anymore, but I really appreciate you bringing this to my attention and allowing me to share the core rules governing our platform.

ZuluTrade's priority is to ensure the safety of its clients' capital. For this reason, Traders who violate the trading rules and put Investors at high risk are investigated, and if they abuse the company's services, sanctioned or eliminated.
At the end of each calendar month, the trader is being paid the commissions based on the total monthly PnL, taking into account open positions. If the monthly PnL turns out to be negative, then the Trader will not be paid any commission.
At Zulutrade, we strive to provide world-class customer experience to all users. Social and copy trading have emerged as a popular addition to the retail trading market. Through this offering, ZuluTrade customers can copy a high-performing Trader’s signals and strategies, removing the need to speculate themselves and instead follow more experienced market participants.

As far as the deletion of your personal data is concerned, please feel free to send us your request via email at support@zulutrade.com. We remain available to discuss with you any further inquiries.

Thank you again for taking the time to share your experience with us.

Tatiana from the ZuluTrade

Thumbnail of user enricat
1 review
1 helpful vote
April 1st, 2022

It is so easy to use and it works wonderfully for a newbie like me. The best copy trading platform!

Service
Value
Quality
Thumbnail of user jasonw359
1 review
6 helpful votes
March 23rd, 2019

They have their own traders on the top ranks to manipulate the investors and eventually the account gets blown up which leads to a huge loss. Then they call it T&C's BS for the loss...

After that they repeat the same thing again and again...

It's all about affiliate payout for the zulutrade...

Thumbnail of user marketingt6
ZuluTrade S. – ZuluTrade Rep

Hi Jason
ZuluTrade has been founded in 2007 and from since had a series of product and user growth.
We have a proprietary algorithm to rank Traders in the platform. You can find is a detailed explanation of ZuluRank here, https://www.zulutrade.com/zuluranking
We are transparent and we provide by far the most detailed view on trading systems that are on our platform.

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.
You can check our service at our official website or contact our 5-star customer support with your ZuluTrade username that will be in help with anything you need via Chat, email or Phone.

Best regards,
ZuluTrade team

Thumbnail of user carillot
1 review
0 helpful votes
June 22nd, 2022

ZuluGuard is a saviour, truly. Best feature by zulutrade. Definitely a good platform for copy trading. Satisfied.

Service
Value
Quality
Thumbnail of user pietrod21
1 review
1 helpful vote
May 29th, 2023

I've never been keen on copy trading because I always treated this style of trading as the one created for idlers.
Nevertheless, after I faced a broker that offered access to the Zulutrade platform, I changed my mind. I was pretty exhausted of constant chart analysis, as I did it every day, and sometimes I had to switch between various strategies to find some nice entry points.
I realized that manual trading had to take the second plan. I examined the list of different traders who share their strategies and joined one of the most suitable. As the outcome - copy trading brings almost the same profits as manual trading, but you spend far less energy. These days I'm fully immersed into this trading style and have no thoughts to get back to manual one.

Service
Quality
Thumbnail of user tambikao
2 reviews
1 helpful vote
June 24th, 2022

Zulutrade is a reliable copy trading platform with a lot of expert traders to choose from. Additionally, they also have plenty of brokers and you are not limited to one or two options.

Thumbnail of user louisea179
1 review
0 helpful votes
May 26th, 2022

I had my first withdrawal last week from Zulutrade. The process was simple, straightforward and there wasn't any delay. Got my funds real quick.

Thumbnail of user andyd314
1 review
1 helpful vote
August 3rd, 2022

As an investor, what I like the most is they provide detailed statistics about each trader on the platform which is quite helpful in deciding which trader to follow.

Service
Value
Quality
Thumbnail of user nixonp6
1 review
1 helpful vote
May 11th, 2022

Accessing traders' profiles is very easy which is quite useful in deciding which traders I should copy from.

Thumbnail of user augustoe5
1 review
0 helpful votes
May 20th, 2022

Zulutrade has some amazing features, especially Zuluguard. It automatically removes a trader when trades deviate from their strategies, providing protection to the investor's account.

Service
Value
Quality

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From the business

Founded in 2007, ZuluTrade is the most renowned social wealth management platform out there. The platform provides social trading services and enables traders to share their knowledge with investors interested in their strategies.

The platform has partnered with more than 70 brokers that provide a large range of CFDs including Forex pairs, Indices, Stocks, Cryptos and Commodities. ZuluTrade’s user base amounts to more than 2 million investors and over 90,000 traders. ZuluTrade is regulated by the Hellenic Capital Market Commission (HCMC) in Greece and by Japan’s General Investment Advisers Association in Japan (2014 – No. 1058 Member Associations).

When it comes to the safety of funds, the platform offers ZuluGuard, which acts as a shield for investors’ funds. Additional features of the platform include the Automator tool, which lets you set rules to lock profit, update Stop/Limit for selected trades, close profitable trades or notify you of any significant changes on the markets. The Social Feed feature enables traders and investors to interact and share their views on the markets.

As of 2021, ZuluTrade is a part of the Finvasia Group and is also awarded as the ‘Best Social Trading Solution’ at the Ultimate Fintech Awards 2022.

Company Representative

Thumbnail of user marketingt6
ZuluTrade S.
Typically does not respond to reviews
ZuluTrade was founded in 2007 and created in response to the non-existence of a web-based platform that could audit traders globally and at the same time; enable traders to share their knowledge with people interested in their strategies.

The ZuluTrade Platform bridged the gap between valuable information in money markets and trade execution by converting the advice of some of the most professional and talented traders globally, to a service which can rapidly execute trades. An additional advantage of the Platform is that it provides the ability and ease of driving selected trades to broker accounts of the interested parties. The concept of ZuluTrade is to offer an open environment, where traders on a global-level can connect any trading platform and share their knowledge.

ZuluTrade's vision is to become the world‘s largest social trading community in the globe offering customer-focused investment solutions!

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3.2
22 reviews
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