ZuluTrade

1. REGISTER FOR A FREE ACCOUNT

i. Registering for a Demo account with ZuluTrade

If you wish to test our revolutionary system out, please visit our website and navigate to the Open Account tab. From there you will be prompted to open either a Demo or a Live account; please select the Get a free DEMO account option. You will be able to configure your account by selecting among different options for base currency, balance and leverage. A Demo account is a great way to get a good feel for how our platform works.

ii. Registering for a Live account with ZuluTrade

In order to open a Live account with our revolutionary trading platform, please visit our website and navigate to the Open Account tab. From there you will be prompted to open a Demo or a Live account; please select the Create a new LIVE account option. You will then be prompted to select one of our supported brokerage firms. You can use the filters provided to view only brokers with specific features.

After you have selected a Broker, you will be asked to indicate if you already have an account with them or if you wish to open a new account now. Depending on each case, you will be redirected to the broker’s website and given instructions on how to proceed and fill in the requested information accordingly.

Provided that everything is submitted correctly and filled out properly, the setup process generally takes about 2 to 3 business days. We will send you the login details for your ZuluTrade account immediately after your account is fully setup and funded through your Broker. If you haven’t received your ZuluTrade account login details within the specified timeframe, please contact your Broker directly to ensure that your application is complete and that all the required documents and funds have been received and approved.

Please note that parameters such as minimum deposit for account opening, account trading size, leverage, base currency etc. are entirely broker-related and as such it is only the Broker of your interest that can clarify them for you. For any further information about our collaborating brokers, please feel free to contact our Sales department.

Please note that with most of our supported brokerage firms you can open an account from as little as $300. However we do recommend that you fund your Mini account with no less than $500, whereas if you wish to open a Standard account we recommend that you fund it with $15,000. For further details on account funding please do not hesitate to contact our Sales department.

2. MY ACCOUNT

You can login to your account by entering your ZuluTrade Username or your ZuluTrade registered email address, together with your ZuluTrade password at www.zulutrade.com. Alternatively you may login using your Facebook credentials.

When you are at My Account, the following information is always displayed next to your Profile photo: Name, Account Type (live/demo), Broker logo, Account number and Equity.

Just above your account information you will find buttons to set your Social Networks - connect your trading account with your accounts at Facebook and Twitter, so that notifications will appear at your social media feeds when you close trades at your ZuluTrade account.

In case you have more than one account registered with the same e-mail address, you can easily navigate between your accounts from the toggle bar where your account number is mentioned, without the need to logout/login constantly.

i. Connecting your ZuluTrade account with your Broker account

If your Broker account is compatible with the MetaTrader 4 (MT4) platform, you can confirm whether your account is properly linked with your broker when you first log into your ZuluTrade account.

If your Broker account is not compatible with the MetaTrader 4 (MT4) platform but with another platform (e.g. Trading Station, AVA Trader, etc.), then your account is automatically connected upon activation.

For MT4 compatible accounts, you may confirm whether your account is properly linked with your Broker by checking your ‘Settings’ tab. Scroll below to ‘Broker Account Settings’ section and check your account connection status:

If your Account Status is ‘Connected to Broker’, it means that your Broker Account has been automatically connected to your ZuluTrade account, so you are ready to start trading via ZuluTrade.

If your Account Status is ‘Disconnected’, you need to take action to connect your ZuluTrade account to your Broker account. In order to do so you need to input your Broker Account Username (numbers only) together with your Broker Account Password (MT4) and click on Connect Broker Account. After a few seconds you should get a message saying ‘Congratulations! You are now connected to your broker account.’

Your Account Status should now be Connected to Broker.

If for any reason your account fails to connect, please make sure you are using the correct MT4 Master password. If the process still fails although you are using the correct password, then do not hesitate to Contact Us.

Please note that the required password is the MT4 Master password, and not the Read-Only (Investor) password. If you provide the Read-Only (Investor) password, although your ZuluTrade account will be connected to your Broker account, you will not be able to receive any signals as it will be set to read-only mode.

If you do not have the Broker Account Username and Broker Account Password available, then please contact your Broker as they can remind/reset them for you – unfortunately, ZuluTrade does not have access to this information and thus cannot provide it.

Note: Please remember that if you ever change your Broker Password, connectivity with your ZuluTrade account will be lost, so you will need to repeat this process, and re-connect your Broker account to ZuluTrade using the updated Broker Password.

ii. Simple Mode VS Advanced Mode

Please note that ZuluTrade’s website can operate into two modes: Simple and Advanced.

Simple mode provides all information a novice User needs in order to Autotrade his account.
Advanced mode provides additional controls for the more experienced traders.

iii. Setting up your Portfolio

iv. Funds

From this link you will be redirected to your broker’s website, so as to make a deposit to or request a withdrawal from your trading account.

3. PROFILE Tab

By clicking on your Photo or your Name, you will be transferred to your Profile tab. From there you can manage your Personal details, your Public Profile, your Password and set up ZuluTrade’s notifications.

Personal Details

From here you may update your personal details, like name, country and phone number. Please note that it is not possible to update your e-mail address from this tab, but we can change it for you with a simple e-mail request. In order to ensure smooth connectivity please note that your e-mail address at ZuluTrade should be the same as in your broker.

You can also specify if you wish to receive ZuluTrade’s newsletters.

Remember to click on Save Settings in order for any changes to be saved. In this case you will get the message ‘Your personal details have been saved successfully’

Public Profile

If you would like to share your account performance and results with other people, you may enable your Public Page in order for your account History to be made public. You may also add a picture for your Public Profile, as well as a strategy to describe your trading style and preferences.

The Public Profile page also works as an affiliate link, so that you may earn commissions from any live users opening a live ZuluTrade from this page. If you are inviting people over to ZuluTrade, it is highly recommended that you read our Affiliates Program Guide as well.

Password

You can also change your password for logging into your ZuluTrade account – in order to do that you will need your Current Password. If you have forgotten your Current Password, you can always reset it by clicking on the Forgot Password.

Notifications

Here you can change your preferences for different notifications that ZuluTrade may send you.

Post Messages

There is also a link from which you can easily post messages to your Public Page.

Bank Account

Here you may fill in the details of your bank account in order to request your commissions from live accounts that have registered in ZuluTrade as a result of an invitation from you.

User Guide

This link will redirect you to the present User Guide in order to clarify any doubts you may have.

4. TRADE Tab

Here you can place manual trades as you see fit. The rates displayed are received directly from your broker, so it is the same as if you were trading from your broker platform. You will notice one box per currency pair with the sell and buy price, and also a display of the spread in pips in the middle.

When the market is open, rates will be constantly highlighted alternating between green and red, indicating whether market tendencies are currently up or downwards for this pair. You can re-arrange the pairs by dragging them over, remove them by pressing the X icon, or highlight them by pressing the yellow bulb icon. Please note that all available currency pairs may not be displayed; you can add new pairs by checking the ‘Select Symbols’ box and then selecting on the currency pair of your choice. Please note that after you have added currency pairs as mentioned above, all the changes made to this table will be saved and retrieved when you log back in the next time. In case you would like to view all available currency pairs displayed in a list, you can select the ‘Simple’ view.

If you wish to place a manual trade, simply click on either Buy or Sell for the pair you wish to trade with; a popup window will then appear. This window will consist of the current market price and ZuluTrade’s default limit and stop setting at 500 pips. You may change the current market price by deselecting the ‘Market’ box, thus enabling you to place a different market price, which in turn will create a pending order. You may also amend the default Stop and Limit as well. Once you have entered the information you wish, simply click on OK and the trade will appear either in your open positions or pending orders accordingly.

Here you will find a redirecting link for ZuluTrade’s Economic Calendar. The Economic Calendar is a dynamic tool that allows you to consider the impact of important global events on specific currencies and can be a powerful advisor for your trading decisions. It lists the important events of the day, the currency pair(s) that are anticipated to be affected and also the anticipated tendency (upwards/downwards). All events are displayed in the timezone of your PC, but it can be reset to any timezone fits you better. You are also able to filter economic events by selecting the timeframe, impact as well as currency.

Here, if you click on Rate Charts you will be able to generate different chart types for any of your currency pairs, set the timeframe, as well as have access to indicators. Please note that the charts generated here display the rates used by ZuluTrade for its demo users and Traders trading directly from the ZuluTrade platform. So although they may be handy for studying the market, the exact rates displayed may differ from your broker’s rates. Of course you can always see your broker’s exact rates either from the Trade tab at your ZuluTrade account, or directly from your broker’s own platform.

5. POSITIONS Tab

This is where executed signals that Traders place in your account will show up. Here you can see what your current earnings or losses are at the moment for each trade, together with a summary of all trades.

By default your positions will appear grouped by Trader, so that you can easily see the total profit of all positions by a specific Trader. However you may also opt to view your positions ungrouped by selecting ‘Details’ or grouped per currency pair and see the PnL for the specific currency pair by selecting ‘Summary’ – this option may prove to be especially useful for monitoring hedged positions.

By default the system will reproduce Sounds in order to alarm you for opening and closing positions, but you may turn them off from the relevant button ‘Sound: On/Off’.

Updating Trades

For each trade that is open under your open positions tab, you can change certain of its settings. By clicking on the current ‘Stop’ value of the trade, you will bring up a popup window where you can amend the current Stop value. Please note that by doing so, you will overwrite any Stop value previously set by the Provider or by yourself on the Trader settings. Please note that the amount you enter is at market rate. Similarly you can adjust the ‘Limit’ value for the trade. Please note that after your have updated the Stop or Limit, any subsequent Stop or Limit updates will be received normally at your account according to your settings.

To the far right of the trade you will see a selection titled ‘Close’. By selecting this for each individual trade, you will then be prompted to a confirmation window, where you can either confirm or cancel your Close request. Upon confirmation the trade will close and should no longer appear in your Positions tab. Take into consideration that sometimes there may a brief delay of a few seconds between closing the trades and displaying that on your Positions tab; if you notice a delay, please try using the ‘Update Now’ button. You may also close down all trades from each Trader by clicking on the ‘Close All’ button on the far right of each Trader.

Apart from closing each individual trade or all trades of a Trader, you are also given the option to close all currently open positions with a single click from the relevant button bar ‘Close all Open Positions’.

At this page you are also given the option to take a fast glance at the trades that are currently open at your Traders without having to search on their pages. You may simply select the Trader’s name from the toggle bar under ‘Show Current Trader Trades’. Trades that will appear at a brown background are also open in your account; in this way you can easily compare whether you and your Traders have the same trades open, and monitor whether you have missed any trade, or if any trade has closed out prematurely in your account or stayed open in your account despite having been closed at your Provider’s account.

Lock Trade

This function enables you to take full control of a trade opened at your account from a Trader. By clicking on the relevant open-lock icon the trade gets locked – this means that no further updates (Stop/Limit/Close etc) executed by the Trader regarding this trade will be broadcast at your account. As a result this trade will now only be closed if the set Stop/Limit is reached or if you do so manually. Once the trade is locked, the icon will change to a secured lock icon

You can unlock a locked trade at any given time.

Trade Details

If you click on the Date Opened of each trade under your Positions tab, this will bring up a pop-up window with additional information on the course of the trade, including all updates, highest profit, worst drawdown, a graphical representation etc. Here you can also find the Provider Ticket and Broker Ticket, which are essential IDs if you wish to contact ZuluTrade over specific trades.

6. HISTORY Tab

Here you will find your full trading history, with all the trades that have opened and closed in your account. By default the system will display this information for the timeframe of one calendar month, but you may select any timeframe you wish since your account opened until the present day.

Together with all detailed information, you will also have graphic representations to display your profit in your base currency, in Pips as well as Monthly profit.

All your trades will be listed in full detail, such as the name of the Trader who opened them, trade type (BUY or SELL), currency pair, lot size and number of lots, Date Open, Date Closed, Opening and Closing Price, High and Low of each trade (the highest and lowest point reached by the trade before closing), Profit, and the Total Accumulative Profit adding all trades in the above chosen timeframe. The trades are listed by Date Closed, but you may click on the title of any column in order to re-arrange the data by any other criterion you prefer.

To the far left of every trade you will notice a plus sign (+); by hovering over with your mouse, the following trade details will pop up: Provider and Broker Ticket (essential IDs for contacting ZuluTrade about the specific trade), Net and Gross PnL, Interest and Commission. You can also click on this icon to generate a pop-up window showing you a graph with the High and Low points reached by this trade, whether the trade was opened at market price or if it was a pending order, etc.

You are also given the option to download your full account History in an Excel file by clicking on ‘Export to Excel’.

Notifications

From this tab you can also look at the ‘Trade History Log’, where all System Messages and Notifications are held for a period of one month. So if for example, you notice that a Trader you are following has opened a trade but it was not received in your account, you can have a look here and see if there is a relevant error message that will clarify why the trade did not open at your account.

7. INVITE Tab

From this tab you can invite other users to the ZuluTrade platform and earn commissions based on their trades. Here you are given an e-mail template that may be easily sent by providing your contacts’ e-mail addresses, as well as direct links to popular social media websites so that you may easily invite your contacts. As per our affiliate program, you will be receiving commissions from any live account registering via your link. For more details, please look at our Affiliate Program Guide.

8. SETTINGS Tab

The Settings tab appears only when the ZuluTrade platform Mode is set to Advanced

i. Your Portfolio

When you first access the Settings tab of your account, you will notice ZuluTrade’s two Risk Allocation Modes; Auto Mode and Custom.

Max Open Trades:

The maximum number of trades the Trader can open at the same time. This also includes pending orders.

Example: Let’s assume that you have selected 2 Traders in your portfolio, Provider X and Provider Z with 1 Lot Multiplier for each one, and Max Total Open Trades set to 4 for Provider X and 1 for Provider Z. This means that Provider X can open a maximum of 4 trades/pending orders at any given point of time into your account, and Provider Z can open a maximum of 1 trade/pending order at any given point of time.

So in case Provider Z has one trade open at your account, if he opens another one, it will not open in your account and you will get an error message like this: Did not open 1.0 more std lot(s) for provider Z, BUY EUR/USD. Total max trades for provider setting was 1, open trades & orders for provider were 1. So overall in your account, you will not have more that 5 trades/pending orders at any given point of time.

Max Open Lots:

The total number of lots the Trader can open in your account at the same time, from all trades and orders.

Example: Let’s assume you have a Trader in your portfolio, and you have set to receive up to 3 trades of 1 mini lot each; ‘(Mini) Lots’ set to 1 and ‘Max Open Trades’ set to 3. If you enter 3 in ‘Max Open Lots’, you may receive indeed up to 3 trades x 1 mini lot each. The same if you set Max Open Lots to ‘No Limit’. However if you set ‘Max Open Lots’ to 2, since your ‘(Mini) Lots’ setting is set to 1, even though your ‘Max Open Trades’ may be set to 3 you will not receive more than 2 trades from this provider.

Thus in case you would like to receive exactly as many trades from this provider as per your ‘Max Open Trades’ and as many lots as those set in ‘(Mini) Lots’, it is advisable that you set ‘Max Open Lots’ to ‘No Limit’.

Max Open Trades/Currency:

The maximum number of trades you want to receive on a specific currency (both BUY and SELL) from this Trader at the same time.

Example: If you set this to 1, if the Trader opens a EUR/USD trade and then opens another EUR/USD one, you will not receive it even if your other settings do allow it.

Reverse:

This function enables you to reverse the direction of the signals sent from this Trader; SELL trades will be executed as BUY, Stop will become Limit, and vice versa. This mode is aimed to be used with rather unsuccessful Traders, aiming towards profits from reversing their bad trading skills.

Example: If a Trader you have set to Reverse opens a BUY USD/AUD trade, then a SELL USD/AUD will be opened in your account. If he has set a 25 pips stop, then your trade will receive a 25 pips limit, and if he has set a 50 pips limit your trade will receive a 50 pips stop.

Limit:

Here you can enter the maximum number of pips per lot you would like the trade to earn before it is closed to lock the profit. To avoid Broker rejection of the calculated Limit value, it is advisable that you enter 15 pips or more (especially for exotic currencies). If you enter any value in this field, you will not receive any Limit signals from the provider. Please note that any change made in this setting will be applied to future trades, not currently open ones.

Stop:

Here you can enter the maximum number of pips per lot you allow the trade to lose before it is closed to prevent further loss. To avoid Broker rejection of the calculated Stop value, it is advisable that you enter 15 pips or more (especially for exotic currencies). If you enter any value in this field, you will not receive any Stop signals from the provider. Please note that any change made in this setting will be applied to future trades, not currently open ones.

Safe Limit:

By checking this option, your account will receive Limit signals and updates from the provider only if their value is lower than your own custom Limit. If you do not check it, your own custom setting will always take precedence over the Trader’s limit setting and actually overwrite it.

Example: If you have your own custom limit at 40 pips and you have checked Safe, if your provider sets a lower limit, e.g. 25 pips then you will receive it. If he sets a higher one, e.g. 50 pips then you will not. If you have not checked Safe, your custom limit or 40 pips will always prevail over any update sent by the provider.

Safe Stop:

By checking this option, your account will receive Stop signals and updates from the provider only if their value is lower than your own custom Stop. If you do not check it, your own custom setting will always take precedence over the Trader’s stop setting and actually overwrite it.

Example: If you have your own custom stop at 40 pips and you have checked Safe, if your provider sets a lower stop, e.g. 25 pips then you will receive it. If he sets a higher one, e.g. 50 pips then you will not. If you have not checked Safe, your custom stop or 40 pips will always prevail over any update sent by the provider.

Time Filter:

By clicking at the Clock icon, you can set different weekly trading times for the specific Trader. Simply click on the relevant box to enable/disable the time interval and choose to accept/ignore open trade signals by the specific Trader. If you configure the Time Filter for a Trader, the Clock icon will be highlighted so as to indicate that the trading time intervals vary for at least one time interval.

Configure Currencies:

By clicking at the Pencil icon, you can set different advanced settings per currency pair for the specific Trader. If you Configure Currencies for a Trader, the pencil icon will be highlighted so as to indicate that the settings for each currency pair are not the same across this Trader but they actually vary for at least one currency pair.

Example: If you have added a provider that is generally good but not as good in a specific currency pair such as GBP/USD, you may set the Lots setting to 0 only for this currency. As a result, you will receive any trades he opens except for the GBP/USD, which will be blocked by your settings.

Margin Call-o-meter ™

Based on your custom settings, equity, leverage and the selected providers’ past performance, the ‘Margin Call-o-meter’ tool will calculate the risk of exposing your account and approaching a Margin Call. So the riskier your portfolio, the more Margin Call-o-Meter moves from green to red and displays relevant warning messages. The Margin Call-o-meter is simply a precautionary measure that we take to inform our clients about their exposure. As its calculations also consider the selected providers’ past performance, it calculates the most pessimistic scenario based on their worst results so far. Generally the greater the percentage generated by the ‘Margin Call-o-meter’, the more exposed your account is – it is advised to adjust it according to how risky you wish your portfolio to be: e.g. less than 50% is classed as safe, up to 100% is acceptable risk and anything above 100% indicates a considerably high amount of risk with your selected portfolio.