ZuluTrade is currently one of the widely spread and popular trading platforms used on modern currency markets. There are radically opposite opinions about the platforms among the traders, as it has both advantages and disadvantages. The platform has currently around thirty thousand active users committing stable profitable trades.
According to the developers’ statement ZuluTrade is one of the best platforms for automatic trading because it excludes the ruinous human emotions from the process of trading. It is not necessary to wait for the exact time to open or close a position. All is needed is to find a reliable provider of trading signals. The process of trading is completely automated. A trader does not have to work out strategies, learn trading techniques and worry about possible losses.
The platform developers allow to test it on free demo accounts. There are more than a thousand providers of trading signals for automated trading in ZuluTrade and it is not very difficult to select a reliable one by brief analysis of the number of its subscribers and get the idea of its professionalism. Also, the platform allows to view the activities of other investors learn their strategies and select the providers based on this information. Besides, it is possible to receive indicators from several providers at the same time in the same trading account to get the most comprehensive data.
The main disadvantages of the platform are quite a large minimum deposit starting from $500, trading signals delay and disconnections between the platform and indicators providers.