ZuluTrade
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What about the commissions for signal providers and affiliate program?
Have you had any problem with Zulu about it?
Any payment issue?
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I am checking zulu already a few month as i am as well a provider with over 300 followers, i can tell you one think:
the key for the success in the Forex market doesn't matter if it's in zulu or anywhere else is - management,
as my experience i did have lots of followers with small account's as low off 500$ and made a leverage of 10 lot's he did burn off very quick so if you want to make money you must be careful with management, you have there excellent traders and good chance to make good money .
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Well I meant generally for zulu, but Im watching your provider as well! :)
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If you are talking about me and AGIRE FX-5...I'm the signal provider of that system 😉
And I also agree about marko criteria. 😄
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Very good signals, just be careful what provider and broker to choose. What marko suggests is very useful 😎
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Glad to help!
Just remember to first test everything on demo :)
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Just one more week and my AGIRE FX-5 system will be in your system method research! 😉
Unless you care so much about the average trade time. 😄
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Good, user friendly interface.
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@markopolo: Thanks for the info. I think i will use the "green"(live acc) option only because i noticed that the onces who have the "blue" have high DD.
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Well the method I use is:
-look for providers that trade from a live account (green or blue $ next to their profile)
-DD in pips (not %) less than 2k pips or %DD less than 30%
-average pips/trade more than 20
-average trade time around 2-3hours but no less than 30mins
-trading more than 15weeks
-check which broker the provider is using compared to mine and look at the slippage charts.
-Monthly PnL (very important IMO).
Hope this helps! 😀😀
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After exploring their websites it shows that C2 was founded in 2004, Tradency 2005 and Zulu 2006....
How would you suggest to select a provider?
i also noticed that there are many providers which trade for both companies like systemfx.
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Zulu was not the first.
Other companies, such as Collective2, have been around several years before zulu.
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Zulutrade was the first company to introduce a service that you can follow someones signals. Then, because it had great success, other companies followed. I find zulu more reliable than the rest, but still there are many things you need to be careful with when selecting providers, such as whether they trade from a live account, how much DD they have, average pips/trade, aver. trade time, etc. Its all there, you just need to make some research and use it on a demo account!
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What is the differences between Zulutrade, Tradency and C2?
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For those having a live account with zulu, I suggest you download the new desktop widget. Very useful real time, account monitoring tool, without the need to be logged in to zulu website all the time!
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I wouldnt buy anything from MT Programming, they are a bunch of scam artists. They are many good trade copier software out there, he just copies someone elses work anyways.
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I believe that those that say that they are good in forex trading should join this service as providers. Its a good chance to prove that they can actually perform good and maybe the rest of us zulu users can also benefit
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I think ZuluTrade is wonderful! I have doubled my account already. I know some signal providers really sucks, they trade from a demo account and don't care about the losses their followers might suffer, but you have to do your homework and select the right ones. Some of them leave their trades open for weeks/months with HUGE drawdown only to keep their 100% winning trade track record. But you know what, some of these guys are consistently reliable. If you trade with wise money management and use small lots, you can make good return on investment.
I am a signal provider on ZuluTrade (Earn Big Bills) and all my trades have a stop loss. My trades are based on historical Support and Resistances, Pivot Points, and Moving averages. I also follow a subscription based signal service that has an excellent track record. This subscription service cost 150$/month and I mirror their trade in my account.
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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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Zulu will go through people's accounts till they are drained. Their top provider drained my account 43K last year alone! He will use his EA to do really really well for 3-5 months and then all at once KABOOOOOOOOOMMMM>>>>
Look at forexZone which is from the same provider.
the brokers don't reimburse and I have a feeling the people posting here work for ZULU because if you notice, very few people have lost in the pip count window. They deleted my records as I lost thousands of pips on a couple scumbags.
Why are 99% accounts only 1-4 months old! No different then if you went to forexfactory.com and got the latest EA or ran blessings 3. Until you hit a big trend, then KABOOOOOOM!!!
FXDD was generous! Forex.com wouldn't do ANYTHING. "It is Zulu's problem".... Then I would talk to ZULU, "Well, we are not your broker"
If you have money, put in 100.00 and play with it like a toy. This is not serious, you will only lose money and only a fool likes to part with his money. This is not investing, but hoping.
DO NOT BELIEVE ANYTHING YOU READ ON THESE POSTS. THE COMPANIES KNOW THEY CAN GET IN HERE AND TYPE IN ANYTHING THEY LIKE. DO YOUR OWN DUE DILIGENCE. LOOK AT HOW LITTLE PIPS PEOPLE ARE MAKING. Also, ask yourself why are the accounts only x days old etc... Service has been around a LONG TIME! :)
