| I believe zulutrade has great potential, they seem to be improving constantly offering better services. Their ranking system seems to be improved, so the top providers are now more reliable. I have a micro account with zulu using ACM as a broker and so far its going good. But dont forget that forex trading is always a risky business. |
| - Reviewed by Andrew (United Kingdom) 11 March, 2010 | Visit Site |
| I have had a zulutrade account for some time now and so far im satisfied by the results. The thing is that you need to do some testing to your demo account before you put any signal provider to your live account. I DO NOT recommend you put ANY of the top 5 providers, as zulutrades ranking system needs much improvement and does not show scalping and open trade positions. I also suggest that you use custom stop settings. Thanks for reading. |
| - Reviewed by Mark (Germany) 3 March, 2010 | Visit Site |
| Zulutrade is indeed a great concept! The "catch" is to find the right signal provider! I also recommend to use custom limit/stop settings and do not allow many positions to open. Also first experiment with as many demo accounts as you can before opening a live one! |
| - Reviewed by NickL (USA) 12 February, 2010 | Visit Site |
| ZuluTrade is indeed a great concept. But honestly speaking they have a few problems to solve. The first and very important one is the way they present a maximum draw down on their website, its totally wrong and does not reflects the true maximum draw down. And another important thing is their rating of the providers. The rating is absolutely does not make any sense to me as a professional trader. |
| - Reviewed by JustTrader (USA) 12 October, 2009 | Visit Site |
| I was using Zulutrade service live with AVAFX account. I was using mini account, and at first I got very good results but I failed because I was using to high risk - I have traded using 2 signal providers allowing them to open 10 positions per signal provider.. I had slipped with one of the providers which lost about 55% of initial deposit, then I lowered my risk and gained back 30% and decided to move to FXCM micro account, because FXCM had better and faster execution. But I had never funded FXCM account, really don't know why now.. Maybe it seemed a bit too high risk to underly to unknown trader, who has 3 months or less past performance. Also, I noticed that the best results with low risk reward ratio has the new traders - they start with little initial amount of money and carefully trades to get better past performance. And with every trade they become more and more gready - they open the same position 3 or 4 times in a half of minute. So you must be ready to check the provider how much trades he generates within one little period. As my selected provider was opening 2 or 3 trades and later on he moved to open 4 to 5 positions and if they goes wrong - 3 or 4 more. If user does not limits the opened positions, he soon can come lost.. The best way to use this service - open micro account, select few providers who has even graph of pips, not sudden spikes, analyze how many trades they open within the same minute and limit opened positions to max 5 per provider. With such settings you may enjoy steady slow growth, otherwise you will repeat my fate (oh I wish I had read such info before I had traded). |
| - Reviewed by Ronald (Spain) 25 August, 2009 | Visit Site |
| I have been using zulutrade for over 2 months now and have had great success with it. The interface is easy to use and manage your signal providers. I would recommend it if you have extra money and want to see a nice return. Brian |
| - Reviewed by bkl99 (USA) 16 January, 2009 | Visit Site |
| ZuluTrade is a great concept. There are now plenty of quality providers to give one a good chance to profit nicely. After an admittetdly rough start, I have now chosen from the many very good providers and have won 146 out of 150 trades over the last 3 weeks. :) |
| - Reviewed by glenngie (USA) 7 June, 2008 | Visit Site |
