Zulutrade is a trading platform that is mostly used for social trading. It allows traders to connect to their desired brokers and then copy strategies from successful traders. Zulutrade forex brokers, are fx brokers that allow a direct integration with the social trading platform and its services.
Zulutrade Forex Brokers List
MAS, JFSA, DIFC
When you want to trade real money with ZuluTrade, you first need to open a trading account and fund it through your broker. There are over 40 different ZuluTrade forex brokers on the market, with this list growing each year.
To help you decide which to go for, there are criteria to help you. For example, it is useful to know if they are regulated in your country (the US, Europe or other locations) as well as whether the will support different operating systems for mobile apps (iOS or Android in particular). You will also want to know whether the broker is compatible with MetaTrader, FXCM Trading Station or other systems. You also need to look at the commission level of the supported ZuluTrade brokerages as well as maximum leverages.
ZuluTrade has its own broker too, called AAAfx and it does not charge a commission if a trader uses this one. However, don’t let that convince you that they will be the cheapest for all currency pairs. But, given the fact that it is directly integrated, AAAfx will probably offer you the easiest and quickest way into trading Forex. You can also start to trade with a minimum amount of $300 or £210.
There are other factors that may sway your choice of broker. Consider the support that is offered by the ZuluTrade broker. If you are trading large amounts, a personal account manager would be the most desirable options. Consider the languages of the brokers as well as the funding processes available. Also, how long does it take to withdraw and is there a cost to this? Lastly, is the broker regulated? Many traders prefer to use brokers that are registered in their home country, especially given large trading.
There won’t be the best choice for everyone. The broker you choose will need to fit your own personal requirements and will depend on how you strategize your investments and any signals that you follow. AAAfx makes an obvious choice for many, due to the integration and non-existent commission. But, the choice is really up to you!