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Zulutrade - Who or what is? An how does it work?

Zulutrade – Let’s start from the basics.

Zulutrade is a financial service company with the headquarter in New York and with offices in Hong Kong, Shanghai and Athens.

It offers a P2P (exchange between equals) between different online forex traders. The purpose is to bridge the gap that exists between the currency market and savers or investors, who want use it to bring in their money without having big knowledge of trading.

Once upon a time trading was a headache. Not anymore!

This is their slogan, and with the necessary precautions I cannot blame them. With the Zulutrade method you don’t have to study or monitor the market to make the right choice, there are hundreds of signal providers worldwide who do it for you.

All you need to do is choose the signal providers you prefer and Zulutrade will quickly convert their advices into live trades in your account through the broker.

All this requires no additional cost. In fact, Zulutrade will make an agreement with your broker, which will give back a part of the spread that you will pay for the transaction.

Zulutrade and the Mirror Trading actors

In the Zulutrade network exist various parties that contribute to the functioning of the system, as you can see in the diagram above:

  • Signal Provider: they are expert traders (or supposed to be) that make their operations public, therefore offering operational signals to the Zulutrade community;
  • Followers: generally they are beginners or newbie of the Forex world, who want to copy the operations of the Signal Providers
  • Broker (intermediaries): these are the companies which we will open a trading account with, that will be connected to Zulutrade and will allow you to choose between different Signal Providers;
  • Zulutrade: is the Mirror Trading company that will transform the operations of the selected signal providers in real operations on your own account.

Zulutrade – Operativity in practice

If you intend to use the signals of a trader, or rather if you want the operations made by a Signal Provider selected by you on Zulutrade to be replicated in your account, then you are a Follower.

As follower, through a special procedure which I will explain in the next post, very simple, you had opened a trading account with a broker of your choice.

The broker, precisely because of this particular type of account opening, knows that he has to link your account to Zulutrade, and this will allow you to choose from the wide range of Signal Providers.

Once you have selected one or more Providers, and eventually after having set some parameters, everything they will do in their account will be replicated in your account.

Nothing easier!!!

The operativity is controlled 100 % by Zulutrade, for this reason it’s all done without the need for the computer to be turned on or you to stay in front of the monitor.

Nice, isn’t it?!

Of course, as already said, it’s still about investing money, therefore is necessary to choose the right Signal Providers, not those who just seem to be, and set some parameters to protect the capital of your account.

But if you’ll continue reading this blog, you’ll find a lot of useful information and tips, as well as a complete free video course, to turn you into a successful follower. This way, Zulutrade will have no secrets for you.

See you soon!

Filippo

P.S. With this first post we are at the beginning of the journey that will take you to discover all the Zulutrade secrets, I suggest you to continue read and follow us, if you want to see some special things.

Share and Enjoy

Comments

Alan 16-11-2012, 16:15

Great post! i’m a fresh zulutrade user and i woul love to hear what secrets and tips you can share about this copy trading platform. Looking for new posts from you!

Reply
Filippo 21-11-2012, 19:29

Thank you Alan! Stay tuned! We will continue to release new posts, videos and even software, especially in the Elite Area. Cheers!

Reply
Dtraderrader 28-11-2012, 15:48

Good website you have here! Zulutrade has a lot of potential and they are constantly providing great updates and new features , like now they have given us the Zuluguard feature. Have you used that feature yet Filippo? And if yes could you review that with your suggestions as to how to use it?

Reply
Filippo 28-11-2012, 21:48

Hi Dtraderrader and thank you for your comment! You’re right, Zulutrade is constantly improving his machine, and this fresh new website and tools like Zuluguard are a good surprise also for us. We will for sure review all these new things, but we just need a bit of time, as we need to see how this tools really work over time.

Stay tuned! Cheers

Reply
Linett Dow 29-11-2012, 13:18

Really nice blog …….especially I like what you said on the fact that trading was a headacke, indeed it was once upon a time……….i am one example of that group of traders, my trading life and my perosnal one improved for that matter quite a lot after i opened my follower’s account with zulutrade.it is as easier done as they all say

Reply
Dtraderrader 30-11-2012, 16:03

Thank you Fillipo , i will await your zulutrade reviews and updates! Keep us informed.

Reply
Linett Dow 05-12-2012, 15:28

Guys, please do share!!! I deffinitely will benefit from your contribution to update my account management skills, lots allocation and sellection of tradeers

Reply
Filippo 07-12-2012, 11:39

Hello Linett and thank you for your comment!
Our Elite Area is the place where we share the most.
We have also made an entire Video Course.
It doesn’t cost you anything! We just ask you to subscribe
to Zulutrade, even with a demo account, through our affiliate
link.
Then we’ll give you the access to the Elite Area.

See you soon
Filippo
Money Building

Reply

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