Zulutrade is actually a service that has been around for a few years now, but is one which is still mostly unknown within the forex community. Then again, it's surely just a matter of time before ZuluTrade genuinely starts to take off.
Just what exactly is ZuluTrade?
Effectively, ZuluTrade is a platform that brings together a lot of the finest forex signal providers from all over the world.
ZuluTrade keep tabs on each signal provider's general performance in very good detail and enable ordinary traders to trade the signals generated from any provider(s) they select instantly on their account.
So permit me to reveal the way in which the system functions:
Essentially you register with zulutrade and either open a simulated account and practice with a fictional balance of $50,000, or join 1 of their recommended brokers and open up a live trading account with actual money.
After this you merely pick which signal providers you would like to trade, based on the wide array of overall performance information offered. Zulutrade will then immediately trade the signals provided within your account. All you have to to do is pick out the size of your position and then settle back and watch the end result.
You are able to instantly trade the Forex signals from one simple provider or as many as you want. I suggest starting with one or two low-risk and consistent traders very first of all.
It's really a completely free service. The sole charges are within the spread, however , if you pick your signal companies intelligently and earn healthy gains then you will not even notice this small charge.
So to summarize ZuluTrade is essentially a fx signal service that enables you to deal with your very own forex trading portfolio where you control which signal vendors you choose to trade. You won't have to do any buying and selling yourself. You simply select the best signal services and allow them to hopefully accrue considerable earnings for you automatically.
What I like about Zulu Trade is that you can get tons of really effective signal service providers on the website and it's in their absolute best interests to become extremely profitable because The More traders that trade their signals, the greater pay out they make money from ZuluTrade.