ZuluTrade is a free service that automatically trades forex signals provided by third party signal providers. It is used in along with your forex broker. There are hundreds of signal providers for you to choose from. You can see the success statistics of each signal provider, many of which have a 98% success rate. there is a detailed performance analysis of each system including how many pips profit they've made, the profit total to date, the average pips per trade, the average time per trade, the win ratio, the maximum drawdown, how long the system has been running and how many other users are subscribed to the system
Basically Zulutrade is a managed forex account except that you have full control on which signal providers to use and the lot sizes. ZuluTrade will automatically trade for you when the signals are provided.
Setting up a zulutrade account is very simple. A live trade account is required with one of the supported brokers, and a form must be filled out and faxed to ZuluTrade which can take about 1 day to process. ZuluTrade recommends at least $1000 for a live trading account. Minilots and standard lots may also be traded. We highly recommend using AVAFX for trading with Zulutrade this is because AVA has a fast and very responsive trading platform.
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