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ZuluTrade Review - Are ZuluTrade Copy Trading Signals Legit?
Full Review here! at https://scamorno.com/ZuluTrade-Review/?id=bitc
The amount of “forex traders” to follow and copy is massive (> 10,000), though ZuluTrade Copy Trading Signals does provide you with an advanced search engine that allows traders to slice and dice through that list against your preferences; e.g. only show traders with over 52 weeks history, who trade their own money and have a drawdown of less than 20%. They also have a performance table in which they rank all “traders”. Until last year, they had been ranking traders using a proprietary algorithm, “ZuluRank”. While this did improve over time, we saw a couple of traders make an appearance in the top 5 in one month (and significantly increase its number of “live” followers) just to make a large loss and drop out the top ZuluTrade Copy Trading Signals rankings the next month. Now the default ranking is by “Live Followers Profit” which seems more relevant and fairer (btw, you can rank on other performance indicators too)…
Full ZuluTrade Review here! at https://scamorno.com/ZuluTrade-Review/?id=bitc
How Do You Know Which Traders You Should Copy On ZuluTrade Copy Trading Signals?
For each “trader/signal provider” traders can view a good range of performance indicators and graphs to help you evaluate the traders that you want to copy. What’s important here to mention is that the ZuluTrade Copy Trading Signals platform is totally transparent, since they share every single trade a trader has done in the past and you can download all the historical trades in Excel as well, allowing members to do their own proprietary analysis (in comparison, some other social trading networks only give you access to the last 50 or 100 trades).
Is ZuluTrade Brokers Risky To Use?
It used to be very easy to blow up your ZuluTrade Copy Trading Signals account by getting the settings wrong for one “trader” who may change their strategy from one day to another (and there are many stories on Forums of people who get this wrong). However, ZuluTrade Copy Trading Signals did introduce some very useful additional risk management features in December 2012 which allow you to set a maximum loss you would take in monetary terms for each “trader/signal provider” before your account automatically stops following them and closes any open trades they had in your account. This feature is now known as the ZuluGuard™ Capital protection, and it also takes into account your overall risk profile based on the short suitability questionnaire you complete when registering with ZuluTrade Copy Trading Signals…
Full ZuluTrade Review here! at https://scamorno.com/ZuluTrade-Review/?id=bitc
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