What is ZuluTrade?
One of the biggest problems for traders to getting them the trading signals that they want. That is where ZuluTrade comes in. ZuluTrade contains thousands of traders (signal providers) all round the world, who trade with all their knowledge, experience and proven trading strategies. All their orders are controlled by ZuluTrade in real time. This platform ranks traders by analyzing different factors. You can choose one or more traders (signal providers) and add them to your account so their orders will be executed your account automatically.
You don't need to watch over the market, analyze it, and make trading decisions any more. The traders that you choose will do it for you! You don’t even need to leave your computer on anymore as ZuluTrade will execute the orders on your Admiral Markets account automatically.
How to start?
The first step is to open an “Admiral.ZuluTrade” account through the Admiral Markets Ltd. Traders’ Room. You can find the Traders’ Room login by following this link: https://tr.admiralmarkets.com/. After registration to the Traders’ Room, you can open your Admiral.ZuluTrade account to get your MetaTrader4 login (account number) and password.
You will then need to deposit a minimum of $1000 into your account using any of the suitable payment methods found in the Traders’ Room. Your MT4 account will be activated within 10 to 15 minutes after your deposit has gone through.
Last you will need to login to ZuluTrade by following this link: http://admiral.zulutrade.com/, login with your MT4 account, and then select the traders whose signals will be carried out on your trading account.
It's important to know and understand!
Probable risks
All trading results from providers are 100% real (all orders are carried out on live or demo accounts), but this does not mean that a trading signal that is profitable now will continue to be so.
Signal providers receive 0.5 pips (approximately $5 per lot) from every order which has been executed on his/her subscriber’s accounts. Therefor is it important to signal providers to be profitable without large risks.
However, certain trades can sometimes incur large losses or even cause the loss of all of your capital. We recommend that you learn about and use the “MarginCall-o-Meter” located in the “Settings” section of the ZuluTrade website and it is also wise to carefully read the “User Guide” and “Risk Disclosure” texts.
Extra fee
ZuluTrade Inc. collects a fee for their service, which is divided among signal provider (trader), partner (agent trader, if there is one) and the organizer service - namely ZuluTrade Inc. That's why there is an extra fee of 0.021% of the contract amount on each trade. Such costs are paid for by the account owner as compensation for using ZuluTrade’s services.
Manual trading
Even though orders will be opened on your account automatically, you still maintain the rightful ownership of your account. You have the right to modify or close any orders at any time on your account. You can open an order manually or create a pending order and it will not affect the continued automatic trading. However, please be aware that the extra fee is charged for all of orders regardless of who opened those orders. Because of this, we do not advise you to privately trade on your Admiral.ZuluTrade account. If you do wish to trade without assistance from a signal provider, we recommend opening an “Admiral.Pro” account.
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