Categories: BrokersForex Brokers

Should you trust the ZuluTrade brokerage project?

ZuluTrade offers its traders a platform that helps them invest wisely. A market player can place a short or long position, enriching themselves on the pricing of different assets. The social platform is available to all clients of the project, but is it worth registering on the broker’s website? Today we will tell you what opinions past investors have and how the company actually works.

Description of the exchange broker ZuluTrade

The brokerage firm claims international recognition. At the moment, it serves 30 million clients from 150 countries. Such an impressive market coverage is not confirmed by anything. The ZuluTrade project is rarely discussed on professional forums and specialized sites. We managed to find only a few comments from real market players. All of them are negative, and therefore it is impossible to talk about the integrity and reliability of the intermediary.
The project talks about its rich experience in market trading, but in fact, it operates on a relatively young domain. On its website, ZuluTrade describes excellent opportunities for earning. The company allegedly revolutionized the field of copying transactions by creating a socially oriented platform with an agnostic network. It guarantees quick enrichment of all registered participants, but these words look too unrealistic. Before replenishing the starting capital, a person should carefully read the reputation of the project.

Copying trades in a brokerage system

The official website of the brokerage project describes the difficulties of market trading. To earn money on global markets, a trader must use advanced strategies, acquire special knowledge and skills. That is why ZuluTrade offers its traders to use a social platform for copying transactions. This system allows you to connect to an experienced market player and achieve a high level of profit from the first working day.
The copy trading service from ZuluTrade has several advantages:

  1. Instant copying of transactions. It becomes possible to quickly adopt the experience of the best representatives of the industry.
  2. Wide range of financial assets. The investor can choose the products that accurately reflect his goals and strategies. He gets access to currencies, commodities, digital coins, stock indices and shares.
  3. Integration with the broker. The investor can connect to the copy trading system without leaving the brokerage platform.
  4. Independent trading terminal. The market player gets access to several platforms with wide functional capabilities. He can use the familiar Metatrader or exclusive developments of the company.

A registered participant of the brokerage system can view the leader rating and connect to the most attractive strategy. If a person has professional skills, he/she can create unique TS. The trader will receive commission deductions depending on the number of connected participants and the final profit.

Brokerage project tools

The broker’s website offers several useful tools. The company provides its clients with modeling and an economic calendar. The market player will get acquainted with current news reports, he can predict price movements and place timely orders. A calendar is provided for calculations.
The company offers training. A beginner can use the guide for investors or leaders. The ZuluTrade information blog contains several thematic articles, analytical reviews. Experts talk about the functionality of the trading platform. The company encourages beginners to cooperate, but you should not make hasty decisions. Registration should be done only after careful verification of all legal documents.

Honest reviews about the work of the company

The exchange broker ZuluTrade is engaged in a typical scam. It throws people who subscribe to channels or deposit funds. Traders lose their starting capital and commission charges. The top rankings are filled with bots that create the illusion of high efficiency.

The pseudo-broker project does not return the invested funds. A market player accidentally came across a fraudulent resource, which seemed quite normal to him. The client agreed to a fairly large investment, after which he tried to order a withdrawal. The order was not processed, employees asked to provide copies of the passport. Sending documents did not change the situation in any way, the office asks to pay for the platform services. It seems that the fraudster literally takes prices out of thin air.

Is ZuluTrade a reliable broker?

Today we have considered a scammer who conducts criminal activity on international markets. This is a relatively young SCAM. There are very few analytical reviews on the Internet, but negative comments from deceived clients allow us to clearly understand the situation. ZuluTrade attracts inexperienced investors with beautiful stories about quick enrichment, but after replenishing the account, a person can forget about his money forever. The fraudster does not plan to return the funds, and therefore cooperation with him always leads to global losses.

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