ZuluTrade - can you earn money by copying others? [TEST]

We start the adventure with ZuluTrade. We start with a balance of 5000 USD and for the next weeks we will check whether using this platform you can generate profits. The first positions were opened exactly on April 3, so there will soon be a summary of the first week with analysis and suggestions, but before that comes a few words about ZuluTrade.

Be sure to read: The art of choosing a signal provider - Social Trading in practice

What is ZuluTrade

Zulu Trade is a free trading platform that connects users, signal providers and brokers. It was founded in 2007 by Leon Yoh to fill a niche and launch social trading in the Forex market. Thanks to ZuluTrade, it has been possible to establish close cooperation between signal providers and their recipients. The platform has a large list of suppliers but only some of them deserve more attention due to the results presented. We have a search engine and additional advanced tools that we receive from ZuluTrade. This is a great help for the initial trader.

Check it out: eToro - Review of the social trading platform

The big advantage is that we can use many suppliers at the same time and thus diversify our investment portfolio. In the window of selecting suppliers to follow, we can set the amount, minimum size of the position and risk appetite. Then the platform will show us investors according to our preferences.

Of course, we can also individually choose a signal provider from the list of traders. We can also screen them in terms of the strategy used and see statistics.

Service and support

The site itself is transparent and no one should have problems with its operation, as well as efficient navigation on it. On the left we see our entire portfolio. We also have quick access and view to open and closed positions. If more than one supplier is used, the positions will be visible as assigned to the given investor. It's best to start your adventure with ZuluTrade from demo accountswhere we can test everything safely. Support is available 24 hours a day, 5 days a week. Unfortunately, advisers at ZuluTrade do not speak Polish.

Education

In addition to the support of advisers alone, ZuluTrade has a decent educational offer. Having an account at ZuluTrade we have unlimited access to the blog, where useful information and news from the current market situation are updated. An interesting fact is social charts,  where users and  investors can communicate, share their comments and observations, exchange views, point to prevailing trends.

We are starting the ZuluTrade test

During the entire Zulu Trade test, we will learn about the pros and cons of this form of investing on an ongoing basis. Every week we will learn the results and test new strategies. Only after a long time will we be able to determine if it pays off and whether it makes sense for a beginner like someone who has had contact with the Forex market.

CHECK DEMO ZULUTRADE