Do you want to be involved with Forex, but either don’t have the time or lack the skills to trade this market, then a managed Forex trading system could be an attractive solution.
Zulu Trade provides a system of managed trading that is different from virtually all others.
Normally managed forex trading means handing your account to a trader and letting him do what he can, hoping that he is ‘on the ball’ so to speak and you end up with a good return, plus a hefty commission bill! This is NOT how Zulu works….
Zulu Trade offers you a wide choice of traders who submit their signals and history for your evaluation. You select the signal provider/s you like and Zulu trades your account using these signals. The whole system is much more transparent, you have control over the signal selection, the number of lots traded at any one time and you do not pay hefty commissions, the fees are taken from the spreads.
It is also easy to change signal providers, if you consider a provider is not performing, then login and change the your account settings, no closing accounts and starting over, just simple settings in the Zulu wizard!
There are a few requirements; you need an account with a Zulu linked broker, there are currently 15 and this needs to be setup to link with the Zulu system, so it’s better to establish your account through the Zulu system. Accounts can start from $500 a mini account or for $10,000 for a standard account.
Once set up it’s simply a matter of selecting your signal providers, this has to be researched carefully since their abilities vary wildly. Currently there are more than 1200 providers, and the information offered on each is comprehensive. You can see everything from how long they have been with Zulu to their profitability, their Draw Down %ages, average trade duration, even if they are trading their own money on Zulu… it’s all there.
What is most important is to do your research, don’t simply select the first signal provider you come across.
We trade manually so do not use this system.
Click here for Zulu Trading Info Page
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