Forex Brokers with ZuluTrade

ZuluTrade is a copy trading platform where users share trading signals for others to copy. This makes it a popular choice for traders and investors who may not have the time, knowledge or skills to trade manually be themselves. In order to use ZuluTrade, you will need a ZuluTrade broker as they do not execute trades themselves. Instead, you hook your broker account up to your ZuluTrade account and any trading strategies that you choose to copy are duplicated onto your account.

What is ZuluTrade?

ZuluTrade is a trading and investing platform that provides social and copy trading services across forex, indices, stocks, cryptocurrencies, commodities and more. There is a great selection of over 100,000 traders with various different trading strategies that available to follow for a small fee. If you have a good strategy you can also share it with others to follow on the platform and earn a commission if you are successful.

You can browse through plenty of unique trading systems from traders all over the globe with all different types of trading styles. There are high risk and high reward systems along with more conservative strategies. The ZuluTrade platform has plenty of handy filters so you can search for trading signals to copy that fit within your own preferences.

Is ZuluTrade a broker?

No, ZuluTrade is not a broker. They are a copy trading platform that integrate with other brokers where the trades are actually executed. This gives you the freedom to choose from ZuluTrade brokers but does require you to open and link your accounts in order for the signals to be copied.

What is the minimum deposit for ZuluTrade?

The minimum deposit required by ZuluTrade will depend on the broker used. Some brokers have a minimum deposit of just $1, whereas other ZuluTrade brokers require a minimum deposit of at least $300 or more. ZuluTrade also provide a free demo account which allows you to try out their service without taking any risk.

ZuluTrade vs eToro

Both ZuluTrade and eToro are top social trading platforms for anyone who is looking to copy the trading signals of other traders. You can also learn from other traders and improve your own trading skills in the process. This can help you to become a better trader yourself in the long term, even by learning from the mistakes of others.

ZuluTrade has an advantage because they support various different brokerages which means you can choose the broker that meets your needs. With eToro, you are stuck using them as they do not integrate with any other broker. However, this does mean that you can do everything in one place with one account.

I think ZuluTrade is easier to setup and use from my experience but I personally prefer eToro simply because they have a lot more traders to follow and more innovative features. They are a well established and related copy trading platform with everything you need for copying signals.

How do you trade with ZuluTrade?

First, sign in to ZuluTrade if you have an account otherwise create a real or demo account and select a brokerage from the limited range of ZuluTrade forex brokers. When you’ve found the right trading strategy for you, select the follow button, choose the funds you wish to invest and your preferred risk. You can then check back on performance, add and remove trading signals at any time.

Is ZuluTrade available in USA?

Unfortunately, ZuluTrade is not yet available in the United States. You might be able to open an account with an offshore broker with ZuluTrade but their trading services will not be regulated in the USA. You can always take a look at our best USA brokers if you are a US based trader and looking for some inspiration.

Best ZuluTrade brokers

As mentioned, there is a limited but ever-growing selection of trading brokers that support ZuluTrade. They have EU and non-EU brokers for you to choose from, each with different requirements and features. Things to look out for when choosing a ZuluTrade broker include the financial instruments they provide, spreads, fees, execution policy, account types, funding options and customer support. You can see a selection of our best ZuluTrade brokers in the table below.

Broker
Rating
Regulated
Min. Deposit
Founded
Max. Leverage
1.
AvaTrade Review

ADGM FRSA, ASIC, BVIFSC, CBI, FFAJ, FSCA, IIROC, JFSA

$100

2006

1:400

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
2.
IC Markets Review

ASIC, CySEC, FSA, SCB

$200

2007

1:500

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
3.
BlackBull Markets Review

FMA, FSPR

$200

2014

1:500

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
4.
Vantage Review

ASIC, CIMA, VFSC

$200

2009

1:500

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
5.
FXOpen Review

ASIC, FCA

$1

2005

1:500

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
6.
Global Prime Review

ASIC, FSA, VFSC

$200

2010

1:200

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
7.
AAAFx Review

FSCA, HCMC

$10

2007

1:500

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
8.
Fxview Review

CySEC

$200 (EU) $50 (Global)

2017

1:30 (EU) 1:500 (Global)

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
9.
FXCM Review

ASIC, CySEC, FCA, FSCA, ISA

$50

1999

1:400

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
10.
Rakuten Securities Review

ASIC

$50

1999

1:400

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

ZuluTrade pros & cons

Pros

  • Copy trading signals
  • No trading experience needed
  • No need to spend time analysing charts
  • Decent selection of ZuluTrade brokers
  • You can copy and provide trading signals
  • Can search and filter trading strategies
  • Quick and easy to setup

Cons

  • Not as large as other social trading platforms
  • Limited selection of ZuluTrade brokers
  • Some risky trading strategies to avoid
  • Requires third-party broker integration

Conclusion: do I need a forex broker with ZuluTrade?

Yes, you do need to use a broker with ZuluTrade if you want to take advantage of the social trading platform and copy trading signals that they provide. They do not have their own brokerage firm but there is a good selection of ZuluTrade supported brokers to choose from which they are always adding to.

However, if you are specifically looking for a social trading platform, eToro are the market leader in this respect. They also operate as a trading brokerage so you will not need to use a third-party for executing trades like you have to with ZuluTrade.

ZuluTrade do provide demo accounts if you want to give them a try and see how good or bad the trading signals from the other traders perform before making a financial commitment. You may also want to read our ZuluTrade Review for more information about the range of copy trading services they provide.


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