ZuluTrade Review 2023

For this list, we have searched and tested several forex brokers using ZuluTrade.

We opened real accounts and deposited between $4,000 and $8,000 with each of the platforms. We placed real trades in each popular market to get the real spreads.

We also reached out to customer support to solve issues that we hd encountered. Finally, we withdrew our funds to see if there is any issue with the withdrawal process.

We handpick the best forex brokers using ZuluTrade based on our trading data and experience as a trader.

What is ZuluTrade?

ZuluTrade is a social and copy trading platform that connects traders around the world. It is a popular social platform and is probably the one with the most number of traders.

The platform allows traders to receive and share trading signals and also follow strategies from experts to executing trading, a technique popularized as copy trading.

ZuluTrade was founded in 2007 and became very popular among the forex trading community. It started supporting the execution of only forex trades but soon added the capability of trading CFDs. It offers trading services with forex, stocks, commodities, indices and cryptocurrencies.

How to Get Started with ZuluTrade?

To use ZuluTrade’s services, traders need to open an account with ZuluTrade. Then, they can decide on to broadcast market signals or follow other traders to execute copy trading.

ZuluTrade Classic

ZuluTrade offers two account types:

• Classic: This account is meant for expert traders who want to manually trade on the markets and broadcast their trading. They can also copy the trades of other traders.
• Profit-Sharing: This account is meant for newbies who only want to copy experts’ trades.

Traders without any brokerage account can instantly open an account with any of the ZuluTrade-supported brokers.

Becoming a signal provider with ZuluTrade can pay off expert traders well. They can receive 0.5 pip per lot from each trader following their strategies with a real money account.

Criteria to become a ZuluTrade signal provider:

• Traders have to maintain a maximum historic drawdown of less than 30%.
• Should maintain at least average 6 pip per trade.
• Have to trade with ZuluTrade for at least 12 months.

Features of ZuluTrade

ZuluTrade is very user-friendly and provides many features to traders. Some of the in-built features on the social forex trading platform are:

🏦 Pip and profit calculator	Yes
📊 Margin calculator	Yes
💰 Currency calculator	Yes
🗓 Economic calendar	Yes
📑 Newsfeed	Yes
📉 Slippage	Yes

ZuluTrade Copy Trade Review

But, like any other platform, ZuluTrade also has many advantages and disadvantages.

Some of the benefits of using ZuluTrade are:

• Traders can use a demo account first
• It supports many brokerages regulated in several jurisdictions
• Provides a great community of traders
• Transparency is maintained as all the trades of the signal provider is visible
• Low ongoing or overhead cost
• Supports trading in all popular asset classes

Some of the key disadvantages that newbie traders should be aware of are:

• Usual risks of trading are applicable
• Signal providers are not required to trade with their own funds
• Several investment traders are registered as signal providers

Best ZuluTrade Forex Brokers

To select the best forex brokers for ZuluTrade Review, we tested and reviewed dozens of forex brokers. We opened live accounts and depositing real money with each broker. We also placed real trades in popular markets to get the real picture of the spread and commission, trading platform, deposits and withdrawals conditions, education, and customer service.

• IC Markets – Best Overall Forex Broker with ZuluTrade
• Amana Capital – Best Low Deposit Forex Broker with ZuluTrade
• BlackBull Markets – Best High Leverage Forex Broker with ZuluTrade
• AvaTrade – Best Low Spread Forex Broker with ZuluTrade
• Swissquote – Best Forex Trading Platform with ZuluTrade

Best Overall Forex Broker with ZuluTrade

We have picked IC Markets as the best overall forex broker with ZuluTrade.

IC Markets is one of the Australian forex brokers, holding licenses in Australia, Cyprus, Seychelles, and the Bahamas. It is a popular platform and offers trading services with forex, indices, stocks, commodities and cryptocurrencies. The broker offers around 559 trading instruments.

Our tests also find that IC Markets charges lower than industry average spreads across all markets. The average spread on the EUR/USD pair on the broker is 1 pip, compared to the industry average of 1.6 pips.

The broker supports several widely used deposit and withdrawal methods, including bank transfer, credit/debit cards, and online wallets like PayPal, Skrill and Neteller. It also has an excellent customer support team.

Best Low Deposit Forex Broker with ZuluTrade

We have picked Amana Capital as the best low deposit forex broker with ZuluTrade.

Amana Capital does not have any minimum deposit requirement, meaning new traders can start with the smallest sum they want. The broker takes deposits in several methods, bank transfers, credit/debit cards, Neteller and Skrill, along with many other local methods.

However, the broker charges fees on most of the deposits and withdrawals, which the traders must consider.

Amana Capital is regulated in the United Kingdom, the United Arab Emirates, Cyprus, Malaysia, and Mauritius. It offers 392 investment instruments that range from forex and stocks to commodities and cryptocurrencies.

Best High Leverage Forex Broker with ZuluTrade

We have picked BlackBull Markets as the best high leverage forex broker with ZuluTrade.

When it comes to leverage, not many reputed regulators allow brokers to offer high leverages anymore, with only a couple of exceptions. BlackBull Markets, which is regulated by New Zealand’s FMA, offers maximum leverage of up to 500:1 on major currencies.

BlackBull offers trading services with forex and CFDs of stocks, indices, and commodities, listing a total of 280 instruments. The broker also holds a license from the Seychelles regulator, under which it offers leverage up to 300:1.

Best Low Spread Forex Broker with ZuluTrade

We have picked AvaTrade as the best low spread forex broker with ZuluTrade.

Headquartered in Dublin, AvaTrade is one of the best brokers when it comes to trading fees, especially spreads. It charges only 0.87 pip in spreads on the EUR/USD pair, much lower than the industry average. Spreads on other markets also remained around or lower than the industry averages.

AvaTrade lists 796 trading instruments and offers trading with forex and CFDs of indices, commodities, bonds, cryptocurrencies, stocks, and ETFs. It is also a well-regulated broker and holds licenses from the regulators in Ireland, Japan, Australia, UAE, South Africa, and the British Virgin Islands.

Best Forex Trading Platform with ZuluTrade

We have picked Swissquote as the best forex trading platform with ZuluTrade.

ThinkMarkets (previously ThinkForex) is an excellent platform to trade forex. It is headquartered in Australia and regulated in Australia, the UK, South Africa, and Seychelles.

ThinkMarkets offers 40 currency pairs and offers trading on MT4, MT5 and proprietary AvaTrader platforms. The broker does not have any limitations in trading, meaning traders can run both scalping and hedging.

Apart from forex, ThinkAmrkets also offers CFDs of indices, commodities, cryptocurrencies, and stocks. It lists a total of 1,628 trading instruments.

ZuluTrade Forex Brokers List

Here is a complete list of forex brokers that are supported by ZuluTrade, which we have tested and reviewed.

Forex Broker	ZuluTrade Support	Test Details	Broker Review
BlackBull Markets	Yes	Deposit Amount: Over €4,000 Total Trade: 12 trades	BlackBull Markets Review
Tickmill	Yes	Deposit Amount: Over $8,000 Total Trade: 12 trades	Tickmill Review
GKFX	Yes	Deposit Amount: Over €5,000 Total Trade: 15 trades	GKFX Review
IC Markets	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	IC Markets Review
ThinkMarkets	Yes	Deposit Amount: Over €5,000 Total Trade: 15 trades	ThinkMarkets Review
Amana Capital	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	Amana Capital Review
AvaTrade	Yes	Deposit Amount: Over €4,000 Total Trade: 21 trades	AvaTrade Review
Vantage FX	Yes	Deposit Amount: Over €5,000 Total Trade: 15 trades	Vantage FX Review
Axi (AxiTrader)	Yes	Deposit Amount: Over €6,000 Total Trade: 12 trades	Axi (AxiTrader) Review
ActivTrades	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	ActivTrades Review

FAQ and More on ZuluTrade Supported Brokers

Traders usually have many questions related to generic trading-related queries. We tried to pick and answer some of the most important queries related to ZuluTrade and brokers supporting ZuluTrade.

Is ZuluTrade Legal in the US?

Yes, ZuluTrade is operating legally in the United States. The platform entered the US in 2020 with a partnership with US-based introducing broker ZYTrade LLC, which is regulated under the National Futures Association (NFA).

OANDA is the only broker that offers trading services with ZuluTrade in the United States.

Best ZuluTrade Brokers for Trading Forex

Several brokers have integrated ZuluTrade’s services to offer copy trading services. Some of the brokers with ZuluTrade, which are offering the best environment for trading forex, are:

• IC Markets
• Swissquote
• AvaTrade

What Is the Minimum Deposit on ZuluTrade?

The minimum deposit on ZuluTrade can be as low as $1. The amount and the mode of deposits completely depend upon the broker with which the traders open their brokerage accounts. Some of the low deposit forex brokers with ZuluTrade are:

• Amana Capital
• InstaForex
• Redstone

MT4 Forex Brokers with ZuluTrade

MT4 is the most popular platform for trading forex and CFDs, and it is also one of the most preferred for social trading with ZuluTrade. Some of the ZuluTrade brokers offering services on MT4 are:

• IC Markets
• Tickmill
• AvaTrade
• Vantage FX

Micro Lot Forex Brokers with ZuluTrade

Beginner forex brokers prefer to trade with micro-lots of currency pairs, which allows them to minimize the risk exposure on the market. Some of the forex brokers with ZuluTrade that allows trading with micro-lots are:

• Tickmill
• AvaTrade
• ActivTrades
• OANDA

ZuluTrade Australia

ZuluTrade is user-friendly and it provides a number of benefits to traders. Anyway, to get the most from ZuluTrade, it is advisable to pick a trustworthy broker, with good offerings and great features. To be helpful, we have tested Australian brokers with ZuluTrade, placing actual trades in popular markets to get the real picture. Read more about best forex brokers Australia.

Based on our testing results, we have come up with the following forex brokers that offer ZuluTrade:

• IC Markets
• AvaTrade
• Vantage FX