Zulutrade is an online trading platform. It connects professional traders with anyone who wishes to make money in the foreign exchange market. Professional traders offer their services to their followers and when they trade their followers also trade.
It is free to follow any signal provider on zulutrade and the signal provider earns money from broker commissions. For every trade the signal provider makes a broker will pay them a commission for the signal followers business. In this way a good trader is able to attract a good following. To follow a signal provider first you need a forex broker. It is easy to join a broker from zulutrade itself.
Lets take a look at Zulutrade.
All trading systems in Zulutrade are ranked with number 1 being the best . As there are 1000's of systems to choose from it makes sense to rank them based on there performance. If a signal provider earns a top ranking they can earn fantastic commissions.
To follow a signal provider you need to open an free account with Zulutrade. This is done on the Zulutrade website. Anyone who is new to Zulutrade should open a demonstration account before moving on to trading with real money. Once your account is open you can choose which signal provider you wish to follow. This is done in the performance page.
At the beginning just chose one signal provider, and when you get more familiar with the system you can add more. Once you have selected your signal provider you are faced with a choice of how you wish to trade. You have 2 choices automatic and custom.
Automatic means you set your risk and the zulutrade terminal sets your lot sizes for you. It is better to select a low risk setting as it is safer, it is tempting to set the risk setting to high because you can see the potential to make a killing. However with high risk setting you are more likely to lose your money rather than make it.
Custom setting means you can manually select the lot sizes, number of trades taken, stop losses and take profits. This requires more skill than the automatic system but if you can learn how it works, it will provides the greatest control over zulutrade.
For people who are new to forex trading you should select automatic and you can then start to learn how to use the full functionality of zulutrade. This means you can set your own lot sizes, work out your own stop losses and learn how your providers trade.
More experienced traders can start on the custom settings and one of the best features of Zulutrade is the backtest facility. You can use this to find out how your signal provider would have done over a previous time frame with the settings you have selected.
By using the back testing feature you can learn about lot sizing and stop losses. This will help you choose the correct settings for your accounts.
Zulutrade offers a hands free way of trading and zulutrade offers a gateway for many people who wish to make money in forex.
It is free to follow any signal provider on zulutrade and the signal provider earns money from broker commissions. For every trade the signal provider makes a broker will pay them a commission for the signal followers business. In this way a good trader is able to attract a good following. To follow a signal provider first you need a forex broker. It is easy to join a broker from zulutrade itself.
Lets take a look at Zulutrade.
All trading systems in Zulutrade are ranked with number 1 being the best . As there are 1000's of systems to choose from it makes sense to rank them based on there performance. If a signal provider earns a top ranking they can earn fantastic commissions.
To follow a signal provider you need to open an free account with Zulutrade. This is done on the Zulutrade website. Anyone who is new to Zulutrade should open a demonstration account before moving on to trading with real money. Once your account is open you can choose which signal provider you wish to follow. This is done in the performance page.
At the beginning just chose one signal provider, and when you get more familiar with the system you can add more. Once you have selected your signal provider you are faced with a choice of how you wish to trade. You have 2 choices automatic and custom.
Automatic means you set your risk and the zulutrade terminal sets your lot sizes for you. It is better to select a low risk setting as it is safer, it is tempting to set the risk setting to high because you can see the potential to make a killing. However with high risk setting you are more likely to lose your money rather than make it.
Custom setting means you can manually select the lot sizes, number of trades taken, stop losses and take profits. This requires more skill than the automatic system but if you can learn how it works, it will provides the greatest control over zulutrade.
For people who are new to forex trading you should select automatic and you can then start to learn how to use the full functionality of zulutrade. This means you can set your own lot sizes, work out your own stop losses and learn how your providers trade.
More experienced traders can start on the custom settings and one of the best features of Zulutrade is the backtest facility. You can use this to find out how your signal provider would have done over a previous time frame with the settings you have selected.
By using the back testing feature you can learn about lot sizing and stop losses. This will help you choose the correct settings for your accounts.
Zulutrade offers a hands free way of trading and zulutrade offers a gateway for many people who wish to make money in forex.
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