I would like to let you know my experience with Zulutrade, where first I used the DEMO and then a REAL account. Well, if you use their DEMO, everything will be fine, so many trades, profitable of course, but just when you turn to REAL, everything changes. I tried to understand how they ranks their trades and I realiced the following issues.
1. AAAfx is their own broker, so take care with any information where AAAfx is involved.
2. They are managing the information in order to show only what they want.
3. Most of the signals they provide are just pips hunters looking for making trades and more trades with unlimited drawdowns. Of course these signals only works with DEMO accounts, nor REAL.
I will explain all I know about Zulutrade just reviewing one of their systems called ZULUMASTER1.
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a. It was ranked in 3rd position just till I started to fight with one of the Zulutrade's paid promoters called PETDIM. He/she works in other forums, such as Forex-TSD, maybe also here..., let's see.
b. Once I started to describe these issues that you will find below, Zulutrade ranked this signal to the position 267th, without any new single trade. Why? How is it possible that this signal wents from 3rd to 267th if it was having numbers like 2,681 followers, $1,855,662 total balance of live accounts, etc?
c. Now, after some time from this fight with the paid promoter of Zulutrade, this signal is again in 4th position... will be that signal specially interesting for Zulutrade?
d. Check the last account history pages of that signal. Is it possible? Of course it is, but when you see that ONLY in the last pages of 'some' signals, there are several trades with only profits and where there is not any single pip retracement in price..., it does not smell good, to be honest, it smells very very bad.
Well, it is my opinion and my proofs, I was one client of Zulutrade and of course everyone can lose his money where he wants. Zulu is one of the leader ways for doing that.