If you want to lose money (at first), trade forex.

If you want to LOSE A LOT OF MONEY (Forever), join ZULUTRADE! hahah...

Terrible, terrible, terrible.

Hi,

tried this thing with several signal providers. The Hunter was the best, but the results are weak... If you try the best rated there like LowDD, your account will get blown away. He keeps losing trades open forever just to keep his win ratio look good. And there are many (the most) providers like that. Maybe if you had 10.000 account and traded only 1 minilot each time, you could stand the DDs, but then the performance is not that good... I recommend to avoid this site, but that is just my experience (lost approx. 500 USD). Maybe someone is successful with them...

Hi,

i just think that anybody must check the signals by himself. Zulutrade is like any other Signalprovider nothing for absolute newcomer in forex that they don´t know how to trade.

To find the right signalprovider in Zulu its like to find the right EA or otherwise to learn trading itself :-)

If they put this forward as the premise for the business then that would be fair enough, however this is what they claim to be:

'What is ZuluTrade ?

ZuluTrade bridged the gap between valuable information in money markets and trade execution, by converting the advice of professional and talented traders globally to an executed trade rapidly and automatically in your account (from supported brokers)

There was a time when trading was a headache. Not anymore! You don't have to study or monitor the market to make a good pick, because hundreds of industry well-known experts from all over the world are doing it for you. All you have to do is pick the experts you like, and ZuluTrade will quickly convert their advice into live trades in your trading account directly with the broker. And the best of all, it's completely FREE!*

ZuluTrade receives rebates from the brokers, for the trades generated and splits them with the experts that provide the advice. Check the performance results recommended by our experts here'

Now if it was to say

'ZuluTrade is a site full of dodgy chancers, sprinkled with a handful of decent traders. If you are prepared to spend ages sorting out the wheat from the chaff and have a degree in statistical analysis there is a small chance our highly flaky platform might convert some of those trades into one or two pip winners for you.'

That would be a fairer representation of the business model.

How this 3 portal earn money if Free service ?


Gainscope
Daily20Pips (d20p)
Piphut

Anyone can go in and become Signal Provider ? Or they have their own Professional team giving you signal.

Or that you must join their IB only can get signal ?