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ThinkMarkets Review – Key Findings for 2021

by Fxigor

ThinkMarkets is a Forex broker founded in 2010 with headquarters in London and Melbourne and branches in the Asia-Pacific, Middle East, North Africa, Europe, and South America. This broker has several competitive trading conditions, fast execution, and scalping and hedging capabilities, among several important features.

 

ThinkMarkets regulation:

TF Global Markets (UK) Limited is authorized and regulated by the Financial Conduct Authority, FRN 629628.
TF Global Markets (Aust) Limited is the holder of Australian Financial Services Licence number 424700.
TF Global Markets (South Africa) (Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835).
Think Capital Limited is registered in Bermuda, Company number: 51879.
TFG (Payments) Limited is registered in the United Kingdom, Company number 10537331.




ThinkMarkets broker review

Information:
Set up in the year 2010
The maximum leverage that ThinkMarkets has for AU Entity and Professional Traders(EPC) under UK and Bermuda are 1:500.
Thinkforex minimum deposit is $0.
Thinkforex minimum trading size is 1 micro lot.
ThinkMarkets website is translated into 15 different languages

Trading Platforms

We started this review of ThinkMarkets by calculating their MT4 trading platform, as it is one of the popular Forex trading platforms worldwide. ThinkMarkets offers three platforms: MT4, MT5, and ThinkTrader.

thinktrader screenshot

The ThinkTrader platform was regarded as an optimistic experience; however, it took some time for navigation, unlike the MT4 trading platform we are accustomed to. An important thing that we came to know about this platform was that unlike the MT4 trading platform, which is accessible in more than twenty languages, the ThinkTrader trading platform is accessible only in languages like Russian, Chinese and Japanese. We were impressed by the customizing options of the platform and the speed at which deals took place.

ThinkMarkets video :

Certain things that are truly appreciated by us in the ThinkTrader trading platform are two levels of the tabs which keep traders well organized without encumbering the screen and opening of each element in a separate window, permitting the traders to analyze various information and views at a time or to lessen what they do not need but to use it quickly whenever it is relevant. Obviously, the one-click implementation of a trading platform was always welcome. You will not come across any query that says utilizing the platform of ThinkTrader was the most surprising thing we came through in the review of ThinkMarkets.

ThinkMarkets Features

Along with the standard features provided by ThinkMarkets, which is common to several Forex traders, as the ability to deal spot metals and Forex, hedging, competitive spreads, and scalping beginning from 0.1 pips, we uncover various special features in the testing evaluation of ThinkMarkets. As far as beginners are concerned, we were really impressed to learn during the review of ThinkMarkets that a brokerage handles its various spreads by building a partnership with the top tier one liquidity provider who can offer support tight cost time. We even appreciated MirrorTrader integration, which is provided by brokerage, which proves to be really helpful to the traders who want to deal with professionals’ assistance in a trading platform apart from the one provided by MT4 EA services.

ThinkMarkets offers 3 types of accounts:

  1. Live standard account
  2. Demo account
  3. Think zero

You can open a live forex account using ThinkMarkets very fast. See live account review video:

We appreciated that ThinkMarkets provides video tutorials and organized tutorials into various sections so that traders will have the ability to pinpoint the ones they actually need. While several traders imagine that a single click implementation is overvalued, we appreciate the choice, which was accessible in the platform of ThinkTrader. Similarly, several traders use a downloadable trading platform; we appreciate the choice for a web-based platform as dealing becomes prevalent. Traders who like trading from any place and traders who enjoy transactions can derive some benefits from the VPS system of ThinkMarkets, which helps the traders access their needed information at a high-security level.




ThinkMarkets Spreads
The company, Thinkmarkets’s ECN or STP execution model provides actual spreads that are market-driven. The advantage to all ThinkMarkets customers is actual access to real-time purchasing and selling rates and makes sure that the customers are dealing under the optimal conditions of the market and demand, offering the best accessible ask/ bid rates at a given point in time.

The STP/ECN model of ThinkMarkets permits a direct admission to the biggest liquidity pools, the outcome of which is the low market-driven spread for their customers. We never compete or trade with their customers or intervene in any manner. This gives the traders of ThinkMarkets more benefits of the dealing desk market manufacturer along with the STP only traders:

  •  A low trading market drives spreads.
  • No limits on the scalping
  • No repays
  • Without any stop-loss hunting

ThinkMarkets Ease of Utilization

We only had a single technical issue when we first logged into the platform of MetaTrader4, but this issue was very soon resolved by chatting with the consumer support team. We had chosen the most significant issue between the platform of MT4 by which we are actually familiar, and the platform of ThinkTrader, which was a totally new experience. Though we got a bit disappointed when we found no demo for MT4 web trader, few traders provide this; therefore, we were not surprised totally.
Trading status area: To have a look at the order placement as well as offers of execution, resting orders, and done deals, the platform offers the users the ability to modify or else cancel the orders and widespread the incomplete fills.

Trader Tools of ThinkMarkets

ThinkMarkets offers all of its customers access to professional technical analysis depending on technical pointers’ varieties and covers many time frames in meeting the traders’ growing demands. Save time by accessing professional analysis in a fast manner. Some of the important features include updating the trend information, multi-frame analysis, search/filter by certain indicators or technical patterns, detailed pivot points, and chart analysis.

It would help if you went forward in the trading market with full confidence by using some of the trading market analysis resources available such as Autocharlist and Trading Central:

Advanced analysis of the chart
Identified points of the target
Several levels of pivot-point
Scan markets
Many more

Payment Systems of ThinkMarkets

ThinkMarkets provides different deposit methods as well as withdrawal choices for the traders. Please select any one among several account deposit options, including debit or credit card deposits, wire deposit, and one of their accessible payment partners. The various methods of payment are:

Debit or credit cards: the deposited amount will be removed in two hours or less than that
Bank wire: The deposits will get cleared within one to two business days
MoneyBookers or Skrill payment system – make payment at the moment.

Conclusion:

During the review of ThinkMarkets, we realized that its website was very organized and simple to utilize, making all the pertinent and essential information accessible without any need to search around. We appreciated the brokerage, publicized the registration and regulation numbers, which some traders do not perform even when modulated. The inclusion of the Google map to search for the company’s headquarters made us confident that ThinkMarkets has nothing to hide, reassuring you that you want to deposit a huge sum of money without brokerage.

Ultimately, it is worth noting that ThinkMarkets accepts huge deposits in several currencies like USD, EUR, JPY, GBP, AUD, and CHF. Transactions can be easily done through Skill, wire transfer, AlertPay, and credit card. At this point, PayPal is available in the AU only.


Join to ThinkMarkets forex broker!

 

Filed Under: ThinkMarkets Review

The Best PAMM Account Forex Broker List

by Fxigor


Percent Allocation Management Module (PAMM)
– “The Percent Allocation Management Module (PAMM) is a technical solution provided to Dukascopy Bank clients and allowing them to have their accounts managed by a trader appointed by them based on a limited trading power of attorney.”
So, under the PAMM system, you pick a trader and invest – he trades – you both split the profit!
Through an Alpari PAMM account, you will be able to make a profit in the forex world without having any trading experience. All you need to do is select a manager of your choice, start putting your money into his account, and he will pay you great rewards.
PAMM is an exclusive account offered and developed by the high-level forex experts at Alpari. It is recognized as a breakthrough in forex account management. With the account currently at the introduction stage, it has already managed to catch various forex experts’ eyes and earn various quality awards.
Why choose a PAMM account?
It’s effortless to use. After opening your account, you can start trading in no time.
It will earn a profit. Many times, the total yield of a PAMM account has exceeded the interest rates of banks. Unlike other accounts, with PAMM, you will be rewarded if your manager is making a profit. The profit is guaranteed.
The account is under your control. Unlike other similar accounts, the PAMM account allows you to complete freedom. All the investment you put in remains in your control regardless of the manager. By having complete control, you can easily withdraw money from your PAMM account at any time.
You can take your PAMM account for a risk-free test run. Without bearing any risk, you can choose your manager. You can use virtual money to trade with to start.
How to begin investing
• All you need to do is to create an account with Alpari. If you are already registered, log in.
• Transfer your chosen level of funds into the transaction account.
• Based on the PAMM account rankings, you now have to select a manager. After that, you need to select “Invest in this PAMM account.” You will then need to complete a form that will indicate how much you are willing to invest.
The following forex brokers all offer the PAMM service:

These forex brokers offer PAMM service :

Best PAMM account forex brokerFounded Year
HotForex2010
AvaTrade2006
Alpari1998
InstaForex2007
FIBO Group1998
Grand Capital2006
Forex4you2007
FreshForex2004
IronFX2010
LiteForex2005
Oanda1996

The best PAMM account forex brokers are:

1) Alpari PAMM Account Service
2)
Instaforex PAMM Account service
3)
Dukascopy PAMM Account Service
4)
Hotforex PAMM account

Please join to PAMM platform for free now.

Read more about hotforex pamm account review

Filed Under: Alpari Review, Autotrading, Dukascopy Review, Forex brokers reviews, FXOpen Review, InstaForex Review, Mirror trading

FreshForex Minimum Deposit

by Fxigor

FreshForex broker is the company is not actually UK based. The new forex has been recognized in Russia by a Russian firm Riston Capital Limited. The 2004 year and Fresh been getting the official certificate to purpose on the trading market just after its initial appearance on the web. Later on, the broker got the support system for Regulation’s regulation in the OTC financial tools and tech. In Russia.

FreshForex has an interesting fact in the service description. One of them is FreshForex Minimum Deposit.

Deposits and withdrawals

There are over twenty approaches to payment and even withdrawals. There will be no fees to be collected by the dealer from you. The funding will be made to the account instantly, and the withdrawal apps will be completed in just ten minutes.

FreshForex Minimum Deposit

FreshForex broker does not require a minimum deposit. The minimum deposit does not exist for all payment methods such as Bankcard, Electronic payment systems, Currency transfers, Internet banks, Cryptocurrency, Mobile payments. However, FreshForex broker advises at least a $200 deposit for all new traders because small capital can increase the risk of losing all money very fast.

Deposit currency can be US dollars (USD) / Russian rubles (RUB) / Euro (EUR) / Bitcoin (BTC).

Specs and features

The Fresh Forex is full of promos for the audience. Even if the highest one is that you will be free to enjoy the trading experience at its worth on the site. This is because of the huge features and choices available here. The trading contests are actually arranged regularly. The learning center comes with a possibility of forever free learning, which is given for the starters in trading and those who use their telephone line to trade for free learning. More so, you can also take advantage of the evading, one clicks trading, and trailing stop simultaneously.

For those who are looking for a user-friendly website for trading, FreshForex is one of the best by far. It is not just simple to use but simple to navigate at the same time. The site’s graphics are very colorful and persuading, but some pages were written in Russian. There are also some persuading features in the platform wherein the firm underwrites more than a hundred percent of the deposit directive to all of its patrons on the payments made using some of the most famous payment methods.

freshforex client area

Smart Bridge Technology is just another feature being obtainable by FreshForex. This technology is very supple and has a dependable machine used to verge the trading risk. That enables the agent to move straight with some liquidity givers. The system actually keeps an eye on some channels in forex quoting in an up-to-date manner; it also chooses the finest bid in a matter of time and makes sure that a real-time implementation of an order will be made at the best possible time.

Bonuses and promos

Some bonuses and promos were being offered by the site as well.

create Freshforex real account

Those with a Classic account may link the Fresh Rebate account, which will be around a 50% promo to contract the maximum forex rebate amount on spreads. There will be around $5/lot on profit trades to either $10/ loss-making trades. Before the 1st of June 2016, the traders can yield in the thirty-six percent yearly promo and then get the most lucrative interest rate on every free reserve.

The most enticing promo was the probability of winning a BMW. You only need to deposit around $100 to join the promo; more than ten prizes will be given away by the end of the competition level. More than seventy-five prizes will be given away to the top five winners; however, that ended in March.

FreshForex Education section

If you want to learn more than FreshForex actually teaches through the learning materials they have, they even have some webinars and some guides and lessons. They also offer some collaborating instructional assemblies and a list of boos to help you make your personal trading scheme and then determine the methods involved in marketing analysis. The Daily Forex forecasts by the experts will be posted, and that will analyze the newest data of the action price on a day-to-day basis, which is followed by over ten thousand traders. The daily fundamental reviews show that there will be updated information regarding the primary currency pairs and some regular reports based on the probable trend review to enable you to strategize the trading for the upcoming week.

 

Fresh Customer Support Services

It will be an essential task to contemplate the kind and the reliability of the client support facilities being obtainable in the site you opt for. When it comes to the Fresh Forex, it enables you to develop a good trading activity without the risk of meeting hardships or any problems as you trade. The Russian firm’s reason is that they want to make their patrons comfortable, joyful, and very satisfied in trading. However, some technical issues are not inevitable, sometimes. This is because the page is personalized and highly innovative and very simple to navigate at the same time. However, on the other side of the coin, even if the type of customer support agents from the company is there to help if there are queries involved, the need for more helpful information or any assistance is also needed.

Filed Under: Freshforex

InstaForex Review – Key Findings for 2021

by Fxigor

InstaForex forex broker bonus
InstaForex trading review :
Instaforex is an impressive Forex broker. From the moment you access their website, you will see what I mean. It is clean and modern looking and is available in 20 different languages. This is a sign that this is the type of broker you should deal with. For example, except for major world languages as English, Spanish or French, there are special subdomains for each language, such as InstaForex Indonesia or Instaforex Malaysia, etc.
InstaForex provides an inclusive range of services in the international Forex market. This company is a member of the InstaForex Companies Group. InstaForex is the leading trading broker in Asia but is also popular and well regarded by international users. Although their site targets Asian customers, foreign users are welcome. Now, you might think that why should I select InstaForex when millions of other brokers are available? You will find the answer to this question on the site itself.


Is Instaforex regulated? Is InstaForex a legit broker?
Instaforex is a legit and regulated broker because Instant Trading Ltd. is an authorized and licensed forex broker by the Financial Services Commission (FSC) under the Securities and Investment Business Act (SIBA), the British Virgin Islands (BVI) (License Number: SIBA/L/14/1082 ).

Is Instaforex safe?
InstaForex broker is a safe broker, regulated by FSC and BVI, and SIBA. Instaforex is a safe broker because any payments funded to Instaforex accounts by traders are held in a segregated bank account.

InstaForex Bonus
Current promotion in 2021 :
Get a 100% free forex bonus for the first deposit.

For beginners, InstaForex supports nearly 107 currency tools. As far as deposits are concerned, traders can begin trading with as little as $10. The company also offers a 24/7 support facility with a live chat service included.
One of the best promotions at InstaForex is a 30% InstaForex bonus for all new deposit traders. You can create a deposit in a second as well as transactions, so here you answer this question – what means “insta forex” – “insta” indicating instant or quickly produced. So you can get all forex services fast at InstaForex company.
InstaForex also conducts an educational training section on their site for beginners who want to learn to trade. All the steps needed for trading with InstaForex are explained through video, which is a helpful addition and a nice touch to the website. They also provide traders a chance to practice their abilities with a demo account. Forex industry experts recommend the demo account provided by InstaForex. Moreover, InstaForex also provides important news and updates on their site, making it easier for the traders to trade.
Instaforex presentation video :

How to trade on Instaforex
The trading platform of InstaForex relies on the popular Meta Trader 4 product of the company. You can download the mt4 InstaForex platform here – download InstaForex. The company provides two kinds of accounts named as Insta Standard account and Insta Euricca trading account. These are designed for beginners. InstaForex has also executed a new account known as Pamm. This permits the traders to communicate with everyone and transfer funds, all with InstaForex’s security.
The team of specialists at InstaForex comprises of professionals in legal support, financial consulting, and operations. The company appoints trained and experienced professionals from different fields like online trading service suppliers. Along with all the things mentioned above, InstaForex remains in the top position on the most recent Web 2.0 with various Twitter and corporate blogs, making the team more reachable to the standard trader.
The company claims to offer its services to over 140 000 people and corporate consumers playing their clients’ role. From our review of InstaForex, we can say that the company is trying its best to become the most popular Forex Broker available online.
Instaforex was awarded as the best and the most popular Broker in Asia.
What can InstaForex offer you?
1) Much InstaForex deposits and InstaForex withdrawal options: Credit card, bank draft, bank transfer, Moneybookers, WebMoney, Alertpay, Liberty Reserve system, EuroGoldCash (USD), etc.
2) You will get the best Forex trading tools: Forex News, Analytical Reviews, Forex Calendar, Forex TV. You will get Forex expert analysis for free.
3) You can apply for free for the best Forex contests. Get free demo Forex contests. Read about InstaForex contests such as The Fast Ride from The Best Broker Contest, InstaForex Sniper, Lucky Trader, InstaForex Great Race 2011, Real Scalping InstaForex, Beauty contest InstaForex-2012, Chancy Deposit 2012, “One Million Option” by InstaForex, Rally FX-1 contest for traders arranged by InstaForex.
Here you can win a lot of Forex contest prizes.
InstaForex Contests – demo and real accounts Forex contests :
Here, you can view the list of existing contests for real and demo accounts by InstaForex.
Please select a link located below to see the participants’ listings for every contest, and there is also a chance to register your name in them.
InstaForex’s Win Lotus
This campaign is designed for the customers of InstaForex who have replenished their accounts at $1000.  A Lotus Elise sports car is the prize on offer.
InstaForex Sniper
InstaForex Sniper is held the whole week among the demo accounts. In this, the InstaForex clients can participate freely as there are no restrictions. Smaller prizes in the competition of $1500 are awarded weekly. The annual grand prize is $75,000.
InstaForex Great Race
This competition is played amongst DEMO accounts. It can be explained as a period of holding money, once every month. The total prize cash is $46,400. The 4 steps in this contest have already gone public, and everyone is eagerly waiting for the final one. It will begin on 30th November 2009. This contest does not come with the registration process, but one can easily register in various other contests. In this, you do not have to register your personal information but can register them on other campaigns.
Real Scalping Instaforex
Real Scalping InstaForex is a contest that continues for a month. This contest is specially designed for demo accounts. This contest’s annual prize money is $72,000, of which $6000.00 is allocated for every month’s contest. The existing contest will continue until 26 February.
InstaForex Beauty pageant
The beauty contest held by InstaForex in 2010 is an unusual project. The hunt for contestants for the Miss Instabeauty pageant has started. Participants from around the world will compete for the title of beauty queen.
Hummer to Jammy Fellow
“Hummer to Jammy Fellow” is not a contest; rather, it is a campaign. This campaign is designed for all those clients who have replenished their accounts with $1000. This campaign continues from 1st June 2009 till 28th May 2010. The winner of this campaign is awarded a Hummer H3 SUV.
“The Chancy Deposit”
Like the “Hummer to Jammy Fellow,” this campaign takes place between every client who has replenished their accounts with at least $3000. This campaign runs from 1st June 2009 to August 9, 2009. A person who takes part in this campaign and wins it is offered a huge prize of $1000 each week.
The above-mentioned contests are good fun and offer varied cash prizes to the winner.
All these InstaForex contests are regarded as the best contests in the business, offering huge prizes.
4) InstaForex PAMM system where Forex experts trade for you – you invest, and if their Forex profit portfolio increases, you increase your portfolio profit too.
PAMM System for Managing Traders
The PAMM trading system is regarded as one of the best ways for attracting investments in the trading business. If you want to attract the investors’ funds in the trading account, PAMM will help make your expedition of investors convenient and quick. After the registration, the account will arrive at the supervising board and allow the investors to contact you.

Below are the PAMM system facilities accessible for the Managing Trader:
• Working with all types of investments in one single account.
• No limitations for the amount on investments, i.e., an investor can deposit 1 to 10 thousand dollars attaining the equivalent share in the account.
• Convenient and fast registration.
• Display of the account data on the supervising board once the registration gets completed.
• Attaining online requests from investors.
• SMS notifications and emails about the investing requests.
• Calculation of the profit share of Managing Trader.
• Chance to make a payment of a refund to the investor at the instigation of the trader.
• Showing the supervising board and chances of the page advertising online.
How to make yourself a Managing Trader?
A client of the InstaForex Company having a Forex account can attain a supervising trader covered by the PAMM account system’s limitations in InstaForex. If you have a Forex account, you need first to approve the customer cabinet and select an item named “PAMM accounts” in the menu located on the left side. Once this step is completed, you need to complete the registration procedure. This account system includes investment projects and contact information, which are specially designed for the investors of the PAMM account.
Once the registration gets completed, the account will become a major part of your portfolio and is displayed on the supervising board for the potential investors at the company’s official site. You will start receiving requests for funds once the registration process gets completed. It totally depends on you to decline or accept them. The PAMM section located under “My Investments” also contains the name of the investors. For extra information on how one can become a successful trader, please visit the Registration page.
Taking a portion from the profit of the investors
The PAMM account system’s important part is attaining a small part of the investors’ profit by the Managing traders. This part of the profit is regarded as compensation for the venture management services. The distribution of calculation is done according to the Managing Trader’s profit percentage just after the refund procedure.
An example of PAMM accounts work of the Managing Trader:

After the registration and replenishing of the PAMM account, you can start to trade and show good results trading. The account becomes the subject of interest of the investor who makes a plan to invest money. Once you obtain his request on money investing, agree to it and wait till your account gets replenished with the investment funds. The replenishment occurs once in an hour, so the waiting time should not be more than 30 minutes.
5) You can trade Forex options at Instaforex as well.

Instaforex promoters :
A lot of famous and smart people join to Instaforex brand promotion. Janko Tipsarevic tennis player, Ales Loprais – InstaForex Loprais Team pilot, ultimate fighting champion Oleg Taktarov became promoter and Instaforex trader, Magnus Carlsen Norwegian chess Grandmaster became Instaforex trader, BasketStar Ilona Korstin, etc.

Is Instaforex a good broker?
This forex broker has a lot of customers and excellent organization. Deposit and Withdrawal are speedy. Sometimes I get money in a couple of hours. You can use the Instaforex Credit Card as a deposit and withdrawal option. Competitions, support, website, information, news widgets – everything is excellent.
When you visit the InstaForex homepage, you will need hours and hours to read interesting articles and news and promotions. There are so many contests and promotions that it is hard to count all. The website is full of tools ( I like InstaForex pip calculator ) and information.

InstaForex affiliate program

InstaForex affiliate program offers to promoters lucrative earnings. Affiliates can withdraw money when they want using the same withdrawal options as same as for trading.

InstaForex affiliate program offers to webmasters and promoters:
• Banners.
• Booklets.
• Certificates.
• Training materials.
• Certificates.
• Forex news for free.

 InstaForex affiliate commissions for EURUSD and major currency pairs is $1.5 for 1 trading lot. For major stocks, the affiliate commission is $1.2 for 1 trading lot.

Conclusion :

InstaForex offers:
• more than 300 trading tools include options of future connections through CBOT, NYMEX, and ICE;
• constantly Forex service upgrade – Options trading, PAMM-System, and ForexCopy System;
• exclusive TV channel named InstaForex TV (compared to other competitors, we show our own news without gathering info from other sources);
• MT5.com as an international portal of trading (company official partner);
• Instaforex bonus – 30% bonus on every deposit;
• Available bonus amount till $50000;
• leverage range extends from 1:1 extending till 1:1000;
• 2 types of accounts – including and excluding spread (spreads in place of commissions);
• advantageous swaps for BUYING and SELLING requests;
• withdrawal opportunity of funds directly with the help of “InstaForex MasterCard”;
• become a full-time member of the exclusive club (exclusive bonuses for every deposit based on account for trading);
• open segregated accounts, protect client`s capital reducing risks of major force operated states;
• Data centers numbered as many as 50 and eight trading servers present across the world;
• Beginners’ special Forex learning courses

Please, write some comments about this forex broker. You can write and bad and nice things, and I will try to help you if you need any answer.

Please visit Instaforex broker.

Filed Under: InstaForex Review

Zulutrade Review Case Study – Zulutrade Bad Reviews

by Fxigor

”
Why traders lose money on Zulutrade? If you start to monitor Zulutrade followers, you will see that more than 95% of all Zulutrade signal followers lose money. Like in the stock market and the forex market, 95% of all traders are losers. The reason is greed and bad money management. So Is the forex Zulutrade signal provider scam? No ZuluTrade is excellent, but traders must know to watch and pick. First, please see our Zulutrade review.

How does ZuluTrade work?
Zulutrade is a mirror platform that works based on two sides. On one side are traders that trade using their own live or demo account using the broker’s platform, and they earn a small commission per each copied trade. On the second side, copy, traders can copy trades from providers.

Now I will give you an example of how people lose money in the Zulutrade platform, and signal providers have perfect statistics :
I will not show the signal provider username because I don’t hate this guy, he is doing this to earn money, and he is trying to keep perfect statistics.

This signal provider trades :
– max 2-4 trader per time
– he has a 1:1 risk/reward ratio
– max negative balance per trade (trade position drawdown) is 100 pips
– he follows the trend
He is excellent!

But here what he does (like other signal providers) :
zulutrade scam example
See, in July, he has terrible results. He opened several trades and lost positions in a row. See trades :
Zulutrade signal provider results

No trader wants to recover all losses, and he will do this: He will open several trades in a row without stop loss and try to earn profit and several pips and to recover excellent monthly results. So if Zulutrade signal provider lost 450 pips in two days (like profit from last 2 months), he would try to earn more than 450 pips in one day. Now he will open many positions (some traders open 15 or 30 positions), and he will try to recover losses (for example, 15 positions with 30 pips profit).

zulutrade signal provider open positions

He will succeed in 80% of situations. If he loses the money, he will close the account and open a new one, or if he makes success, he will have every month profit, worst trade below 100 pips, and perfect statistics.

So what do you need to do if you want to earn money on Zulutrade :
1) Invest 5% of your balance if you have $1000, then you can risk $50 per trade. So if the worst trade for some trader is 100 pips, you can trade with micro lots, and max open positions can be 5 (so you can risk 5 positions and $10 per each position). You can trade with mini lots, but you will need $2000 for 1 mini lot open position. This rule 95% of all traders don’t follow.
2. Choose traders who have a good risk-reward ratio. Signal providers need to trade at least 6 months before you start to follow them.
3. Pick a max of 2 open positions per trader when you pick signal providers and a max of 2 positions per trade, then go to settings and pick: BACK TEST option. Make a backtest for 6 months and see the chart for each trader. The trader who uses this kind of scam (multiple open trades to recover losing positions) will have bad results because you choose only 2 open trades per position.

The perfect signal provider is:
– max two open trading position in the moment
– the average risk is smaller than the average profit (if the average risk is 50 pips than the average profit must be more than 50 pips)
– for USD currency pairs, stop loss should be 25 pips for 25 pips profit or 50 pips risk for 50 pips profit, etc. Risk should be 25% to 50% of daily average true range ATR (if EURUSD volatility is 100 pips per day from lowest low to highest high, then 25% is 25 pips and 50% is 50 pips).
– watch price action and Fib. and important levels
– when a signal trader has several losing positions in a row, he needs to be a steady trader. He does not open several positions in a row.

This is it.

About Zulutrade accounts
The Demo Account (DA)
If you’re not confident that Zulutrade offers a good trader around the globe, you may open the demo account 1st. You may observe the performance, as well as pursue them by virtual money openly. If it looks profited from your account, in that case, you may register with obtainable brokers to deal with the real money as well as begin to produce your portfolio.

Zulutrade Live Account Brokers
The ZuluTrade is believed by several forex popular brokers like Saxo, Alpari, Interactive Brokers, FXCM, etc. This showed that such a platform provides a big deal for several forex traders. Nevertheless, I suggested you register with AAAFX broker, as there’s no monthly membership and no commission as well. AAAFX provides a totally gratis to use the forex signal by ZuluTrade, which you must pay only the standard price for the brokerage. This occurs because the Zulutrade innovative broker is the AAAFX. However, you wish to open this with another obtainable broker, that is fine. You may do this, but keep in mind that there are extra charges for that. Only make sure that you open this with the broker, which you can believe. Whereas using the AAAFX, I’d a good time with the client service and most highly I by no means a handsome problem in withdrawal and deposit wire to a bank account.
Therefore, that is a Zulutrade review. Do you willing to carelessly trading whereas learning from great traders around the globe? You should visit the website: www.zulutrade.com today.

Zulutrade advantages: Zulutrade platform offers fast execution, you can make a speedy sign, and you can connect your trading account in a second. You do not need to buy VPS, install scripts and expert advisors – everything is prepared for you.

Zulutrade disadvantages: I wouldn’t say I like Zulutrade servers in the last few months. Some traders create excellent trades, but a lot of signals do not appear. I, as a trader, see very often in my Zulutrade account message, “This trade has not been sent to any ZuluTrade followers because the signal provider account was disconnected when it was opened.”.This is not a problem with my Metatrader platform or my private VPS – it is a problem because Zulutrade servers overload. I know – it is not easy to accept too many Zulutrade users. I hope that this will be better in the future.

As every coin has two sides, let’s mention here that there are thousands of signal providers, it is thus harder to pick the right one. The good thing about that is that you can pick either good ones or lousy ones to oppose what they do, but still, you need to comb a lot to narrow down your candidates. To find the one that will best suit – not only your successful trades – your profitable trades is harder than it might appear at first sight. You can narrow down successful ones, but you need to find the one that is adjustable to your money and settings. That might also take some time for you to see what strategy of yours fits with someone’s good moves.

A risky thing for you is when you follow a risky trader that makes good hits and suffers greater losses. Now, the good thing is that you can set alerts to inform you, even on your phone or tablet, but if you did not set up a stop loss, you must react manually and promptly. Caution is required for another thing, and that is the fact that anyone can be a signal provider, even you and even though you might be a beginner. That also means that there might be another “you” who isn’t sure what to do.

The main problem might be the fact that you can send signals without trading with your money. That means that someone can do crazy things without risking real money, so don’t fall for that. Pick those with good history (and long history)
You can benefit a lot from Zulu’s way, but you need to educate yourself, roll up your sleeves, and find a perfect match.
How much money should you invest?
Here are some quick tips. If you wish to follow several traders simultaneously, you should try to have about $600 for every mini lot open. See how that works with a demo account, which is a free trial.
It’s not actually that only the demo account is free, but everything else is as well. Of course, you need money to invest in, but Zulu won’t charge you any fees. You can see everything that goes on at your account, and at “settings,” you can set open lots, you can add new traders, or dismiss the existing ones.
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Customer support
One of the best proofs that Zulutrade is not a scam is excellent 24 hours per day online chat support. You can call or send an email. There are several languages that you can contact the support team on. If you want to ask something simple, you can call, many reports show that someone always picks up the phone, and for email, it is regular – within 24 hours, you get your reply. If your more complex questions, maybe you can give more details in an email. Both have proven to be the best way to get things sorted out, not just with Zulu, but with every company; you can send an email and call.
If you are a signal provider, sometimes you can wait a couple of months for payment, but payment will come.

Open Zulutrade account and receive free forex and binary options signals

Filed Under: Zulutrade Review

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