SharePosts by markopolo
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You should request a refund if you have high slippage. I think in their full refund policy they state that!
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I think you are wrong.
1. Scalping does not work in zulutrade. Read around the web, you will see that those who have tried scalping with zulu have failed!
2. Scalping is not forex trading.
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Do you still get these MT4 connection issues? Cause I have no problems so far. Plus Ive noticed that they reduced their spreads considerably on euro market trading time. Saw EUR/USD 2-2,4 and GBP/USD 2,4
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You cant blame zulutrade for targeting the new forex players, as you cant blame EAs for doing the same! In all kinds of markets companies invest on new customers!
Zulutrade for me is all about proper money management. Pick a good broker that doesnt cheat (eg. trading desk that rejects orders, slippage, re-quotes, etc.) and then try to trade slow, only allow 3-4 max open positions with max 10 lots.
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I partially agree with you jagui, but you have to take into account two things
1. company interests
2. implication of what you suggest in reality. I think this is very hard to implicate, the commission per trade is rather "fair" for all the sides, providers, company, followers.
I still believe that it is in the interest of zulu for its providers to be good and win, so that customers wont go away and even more can join. I think every company wants this, the things is if the providers are up to it!
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I cant see your point here...conflict of interest between who? Zulu and the providers or zulu and the brokers? Zulu makes their commission whether you win or loose, same goes for providers and brokers...If you are clever enough, you can understand that if as a company, they have winning accounts its better for them because they will attract more and more instead of closing accounts and getting a bad reputation...
I mostly agree though on your second suggestion, one has to be very careful on which broker he will choose, it makes a big difference and I have a personal experience in this with zul......
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Im not a signal provider, so I dont know what problems a provider is facing. Im a live follower and my main concern is if what a provider does, will apply to my live account EXACTLY as in the provider's account. The quality of the providers is in fact a problem, but as I said, I think it can be dealt with by limiting the open positions to the provider and also adding a custom TP and SL (not in all cases though)
Now in the execution part:
There is slippage and slight signal execution, that is max 20seconds, with the broker I use. The biggest problem I have faced so far, is 1 trade was left ope......
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I have been reading your comments about zulutrade and i wanted to post my comments too. If you take out the promotion zipsignals is trying to do by posting bad reviews about zulu (i have seen similar posts in other forums), for me the truth is somewhere in the middle.
Yes I use them too, but after a lot of testing. Its true that most signal providers are amateur traders, its very difficult to find a serious one. This is why i want to emphasize how important testing is.
I used the following method: tested about 30 signal providers, in different demos, all with custom stop values. It took me a......
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AAAFX is the best broker to connect with zulutrade!
No commission fee, its true, also almost zero slippage (max i saw was 1pip) and instant execution!
If you take into account that most other zulu brokers either widen their spreads or charge extra commission, then aaafx has also lowest spread!
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