Zulutrade brings together professional traders from all over the world to share their trade recommendations with you at no cost. What’s best is that the whole process is fully automated and does not require you to leave your PC on. Moreover, you get to keep all profits generated since you have no contract with the signal providers with automatic forex trading.
Automatic forex trading with Zulutrade
There was a time when trading was a headache. Not anymore! You don’t have to study or monitor the market, because hundreds of signal providers from all over the world are doing it for you. All you have to do is pick the Signal Providers you like, and Zulutrade is a Free Trading System which involves Forex Trading Robots will quickly convert their advice into live trades in your trading account directly with the broker. And the best of all, it’s completely FREE!
Automated Forex Trading Software like Zulutrade was founded in 2006 by Leon Yohai, and created in response to the non-existence of a web-based platform that could audit traders globally and at the same time; enable traders to share their knowledge with people interested in their strategies.
ZuluTrade bridged the gap between valuable information in money markets and trade execution, by converting the advice of professional and talented traders globally to an executed trade rapidly and automatically in your account (from supported brokers)
Automatic Forex Trading: Best Free Trading Software
There was a time when trading was a headache. Not anymore! You don’t have to study or monitor the market, because hundreds of signal providers from all over the world are doing it for you. All you have to do is pick the Signal Providers you like, and ZuluTrade his Forex Automatic Trading Robots will quickly convert their advice into live trades in your trading account directly with the broker. And the best of all, it’s completely FREE!
How does it work?
Zulutrade automatic forex trading detects at any time change the strategy of the merchants in your portfolio. The detection is achieved through self-developed indicators based on more than 70,000 investors’ portfolios. When the red line crosses the blue line, the trader immediately removed from your wallet and all positions are closed to further protect your account.
Zulutrade then selects another dealer to replace the recently removed trader, based on the ZuluRank of dealers in your portfolio with the same or higher ranking! This function can, however, via your settings!
The Zulutrade automatic forex trading Platform bridged the gap between valuable information in money markets and trade execution by converting the advice of some of the most professional and talented traders globally, to a service which can rapidly execute trades. An additional advantage of the Platform is that it provides the ability and ease of driving selected trades to broker accounts of the interested parties. The concept of Zulutrade is to offer an open environment, where traders on a global-level can connect any trading platform and share their knowledge.
The Zulutrade automatic forex trading platform
The Zulutrade automatic forex trading platform was created due to the non existence of a web platform that could audit traders globally and in the same time, to share their knowledge with people interested in their strategies, enabling them to drive their trades to the broker accounts of the interested parties.
There were a number of challenges. The existing Forex Auto Trading technology did not allow trading multiple accounts simultaneously, since scaling problems could occur on the broker’s side. We sat down with the brokers and redesigned the APIs (in some cases Zulutrade developed APIs of its own) in order to accommodate all demands in large scale. We developed from scratch the API for the MT4 platform since Metaquotes did not provide API. In addition brokers offered non-functional APIs, which had to be redeveloped in order to effectively accommodate multiple accounts all at once.
The concept of Zulutrade automatic forex trading is to offer an open environment, where traders can globally connect to any trading platform and share their knowledge, in addition to receiving a commission every time someone uses their expertise to a live trade
ZuluRank is a proprietary algorithm that ranks a trader, by analysing different factors, such as the amount of trading activity, the drawdown of each trade and the entire PnL, how often the trader logs in, the age of the signal provider, the amount of time a trade stays open, the sharp ratio, and many other factors.
How do I get started with automatic forex trading?
All you have to do is provide Zulutrade with the name and account number of the brokerage firm you’re trading with. Sign and fax the LOD required by your broker, to authorize Zulutrade Automated Forex Trading Software to bridge the experts’ advice with your broker account.
If it is the first time that you will trade online or you never had an on-line trading account with one of the brokers we support, then the first step is to open a new account. Click here to open one now in just 5 minutes.
It allows you to trade forex without having to watch the account all the time and it has complex ways that you can manage your risk.