What is ZuluTrade ?
ZuluTrade bridged the gap between valuable information in money markets and trade execution, by converting the advice of professional and talented traders globally to an executed trade rapidly and automatically in your account (from supported brokers)
There was a time when trading was a headache. Not anymore! You don't have to study or monitor the market, because hundreds of signal providers from all over the world
are doing it for you. All you have to do is pick the Signal Providers you like, and ZuluTrade will quickly convert their advice into live trades in your trading account directly with the broker. And the best of all, it's completely FREE!
Check the performance results of our Signal Providers here
How do I get started?
All you have to do is provide ZuluTrade with the name and account number of the brokerage firm you're trading with. Sign and fax the LOD required by your broker, to authorize ZuluTrade to bridge the experts' advice with your broker account.
If it is the first time that you will trade online or you never had an on-line trading account with one of the brokers we support, then the first step is to open a new account. Click here to open one now in just 5 minutes.
I already have an account with one of the dealing brokers you support. What is the next step?
Click here and follow the wizard. When your broker notifies you that the change has been made, you will receive an email from us that you are ready to start using ZuluTrade. This process will take a maximum of 2 days.
I do not want to open a new account, and I don’t want to sign any forms, even though there is not any cost involved with it. I prefer to use my existing account with the broker I’m trading with, without any changes. Is this possible?
No. By signing the RB form, you enable ZuluTrade to receive commissions from the broker or dealer you have an account with, and most importantly for ZuluTrade to pay the signal providers that are generating the trades being executed in your account. So if you do not wish to sign the RB form with the existing account, the alternative is to open a new account with your broker by signing the same RB form for that new account.
To link your existing broker account with our revolutionary trading platform
Please click here to fill in the signup form. We will then automatically send you your login details to begin autotrading with our platform. Accounts are usually activated within 3-5 days.
How long does it take to open a new account with my existing broker?
It only takes 1 day. Most brokers – if you already had an account with them, do not require duplicate proof of records, and will provide you with a new account number. Don’t forget to tell them that your Referring Broker is ZuluTrade. Click here to open a broker account already setup with ZuluTrade.
I don’t have a trading account with the brokers you support. Is that a problem?
No. You can open a new account already set up with ZuluTrade now by clicking here.
Can I open my account in different base currency than USD?
Yes. You can choose between USD, JPY, EUR, GBP and AUD.
What is a lot?
A standard lot is a buy or sell size. If you buy 1 lot of EUR/USD, trading at 100:1 leverage then you buy 100,000 EUR/USD. But since you’re trading with 100:1, the leveraged value is 1,000 EUR/USD or 1 standard lot. If you trade a mini lot, then you buy 10,000 EUR/USD and the leveraged value is 100 EUR/USD or 1 mini lot.
Without proper risk management, this high degree of leverage can lead to large losses as well as gains.
Can I trade manually? Or will it conflict with the automatic trades?
Yes. Manual trades will not affect automatic trades.
Who are these signal providers? How did you pick them?
We do not pick them. Any individual can become a ZuluTrade signal provider.
How do I control the number of lots, and the number of trades a signal provider trades with on my account?
When logged into your account at ZuluTrade, go to your account settings page. From there select the ‘max open lots’ drop down menu’, this allows you
the set the number of total lots you wish a provider to have open at any one time, before he can open any more lots. Also, next to each
provider's name you have selected, there is a drop down selection called ‘lots’. This pertains to the number of lots to be traded on each
individual trade. For example: if you wish each provider to trade with 2 lots per trade, but wish there to be no more than 2 trades
open at a time. Then you would set max open lots to 4, and number of lots next to your providers name to 2.
How do you sign up to be a signal provider and/or an affiliate?
To sign up to become a signal provider, on our homepage under our current list of top providers there
is a selection that says ‘join ZuluTrade as a signal provider’, please click on this and fill in the requested information.
To become an a affiliate go to our homepage and the top of the page select ‘affiliates’ and fill in the requested information.
Do you offer institutional accounts?
Yes, we also offer various institutional account types based on trading volume. Please contact us for more details.
Who is placing the trades on my account? Do the experts know about my account?
None of the Signal Providers that recommend trades will ever know your account's existence. ZuluTrade receives their recommendations, and checks the Signal Providers you have subscribed with in your account profile, and decides whether or not to autotrade their advice in your live account using a secure direct connection with the broker's backend. ZuluTrade's patented engine places trades automatically with no human intervention. ZuluTrade service is server based, in other words you don't even need to have your computer on.
Are the results hypothetical? There are a lot of websites that claim all kinds of results...
Every signal received by ZuluTrade is executed on at least one demo broker account. The results contain final spread, swap rates and profit or loss from closed positions in the account. The spread is the standard spread advertised by the broker you're trading with. Due to a variety of factors outlined in the disclaimer found at the bottom of the page, sometimes results may vary between accounts. All signals and trades executed on a demo account are considered to be hypothetical.
I already have an account with one of the dealing brokers you support. Why is ZuluTrade telling me that I cannot use this account? Signing the RB form doesn't work. Do I need to open a new account? What’s wrong?
This is because when you opened this account, there was a party that acted as a Referring Broker (RB). Your dealing broker cannot remove that Referring Broker from your account and replace it with ZuluTrade as the new one (legal issues). You need to open a new account and set ZuluTrade as your Referring Broker. Click here to open a new account already setup for ZuluTrade.
Why do I need to type my username for the broker platform I’m trading with? Is there any danger for anybody to steal it?
No, there is no danger. We will never ask you for your password. But even If your password was stolen, it is not possible for anyone (including ZuluTrade) to withdraw funds from your account. This is because your broker, who always wires funds to the beneficiary of the account ONLY, is the one who had opened the account
What is a pip?
A pip is the minimum movement of a currency upwards or downwards. To calculate each pip for every currency, divide 1/ (currency pair exchange rate) Ex: 1/224.92 (GBP/JPY) = 0.00444 GBP. If you’re trading a 100:1 leverage account, then multiply this with 100. Ex 0.00444 x 1000 = 4.44 GBP. To transform this to USD just convert it. Ex: GBP/USD = 1.9377 x 4.444 = 8.6 USD / pip.
Another example is to calculate a pip for GBP/USD. 1/1.9377 = 0.516 GBP. For a 100:1 standard account, multiply that with 10. Ex: 0.516 x 10 = 5.16. To convert in USD multiply with 1.9377. Ex: 5.16 x 1.9377 = 9.98 USD / pip.
Without proper risk management, this high degree of leverage can lead to large losses as well as gains.
What is the minimum deposit to open a new account?
It depends on the broker, but we recommend that the amount for a standard account is $15,000 USD and for a mini account is $500 USD.
I tried to open an account, but I’m confused. Should I open a standard account, or a mini one?
If you are trading more than $10,000 USD we recommend to open a standard account, otherwise a mini account.
I logged into my account. How many providers should I trade with?
On the account settings page there is a wizard that corresponds to the lots traded by every provider and your equity. This wizard will display how many providers you should choose without having the risk of a margin call. Simply follow the wizard. Of course you can choose the signal providers manually if you wish.
Can you add more signal providers?
Send an email to email@example.com and we will add them as soon as possible.
I have opened a new account with my broker. How do I know everything is ok?
Your broker will send you an email confirming that we are the Referring Broker, and that your account is ready. Then, you log in to ZuluTrade and configure your trades.
What is ‘spread’ and why do all my trades start off with negative pips?
The spread in the Forex currency trading market, refers to the difference between the ‘bid’ price for the currency and the ‘ask’ price.
Each traded currency pair opens with the spread. So if the spread is 5, then your trade will open at –5 pips.
What do signal providers and affiliates do? And how do they receive commission?
A signal provider places trades on his or her account, and all clients that have selected this provider in their account settings
page receive these trades on their accounts, unless they do not have enough usable margin, or have their max open lots set to low.
Signal providers provide signals for all clients who select them in their accounts settings page.
Affiliates choose a designated URL (web page) to advertise ZuluTrade and draw clients to use our revolutionary service.
Signal providers get 0.5 pips for each traded lot of his or her own signals ONLY. So provider signs up, sends signals, and passively waits for clients
to use their signals, trying to have good performance to attract them.
An affiliate gets 0.4 pips for each traded lot of the clients that signed up through his website, for ANY signal. So affiliate signs up,
and starts advertising their website to attract clients to ZuluTrade.