Last Updated on September 1, 2020 by Jason Wilson
As you probably already know, certain Forex brokers offer automatic trading systems using signals. Among these systems one in particular is notably appreciated by traders, Zulutrade. Here are a detailed review on this investment method.
The operation of Zulutrade:
The trading signals operation used by Zulutrade differs from the other analytical methods in the sense that it relies on the principle that if it is possible to identify the best members of a group then it is possible to determine probability calculations according to their own signals.
By studying the winning and losing signals, Zulutrade calculates which are the better performing signals suppliers thereby enabling their members to trade using quality signals and avoid the scams.
The Zulutrade model therefore offers certain very strong advantages concerning automatic trading, but that is not all. In fact Zulutrade also offers access to the analytical methods of the signal suppliers and therefore offers the opportunity to understand some of the reasoning that leads them to foretell one trend or another.
Zulutrade also demonstrates perfect transparency and an objectivity that is essential for maintaining its trade. The signals it offers are therefore studied in a neutral manner and are checked before being communicated to their clients whereas other brokers are a little less particular over the quality of their trading signals.
A system based on a community of skilled traders:
Another particularity of the automatic trading at Zulutrade concerns the community that is centred on a number of serious and experienced independent traders. Through exchanging their ideas, strategies and viewpoints on the markets and their movements, the registered traders benefit from a truly interesting and complete methodology. With the Forex, as with all the financial markets, unity is strength and this is why brokers around the world are increasingly attracted to what is referred to as ‘social trading’.
The classification of the best signal suppliers and its continuous development is proof of the honesty and objectivity of Zulutrade in the context of trading signal providers. In fact, when a supplier makes a mistake, their position in the classification is immediately revised downwards and replaced by another signals provider judged to be more effective and profitable by recent general achieved results.
Our conclusion on the automatic trading from Zulutrade:
We can therefore summarise this analysis of the automatic trading solution from Zulutrade as being generally positive. It is currently one of the best methods of trading without any particular knowledge of the Forex and of making rapid profits by speculating using quality signals information and objective reasoning.
Zulutrade also offers the possibility to start with a free demonstration account for new subscribers to test the profitability of the signals offered. From there, and when you are satisfied with the trial, you can subscribe to a monthly membership to benefit permanently from this valuable assistance.