Zulutrade

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Fellow auto-traders,

Looks like fx-auto & C2 have a new auto-trading competitor: www.zulutrade.com

I have just discovered Zulutrade (on http://www.fx-review.com ) and created a first demo account.

Very first impressions:
- looks very cool - great website
- the autotrading platform is also web-based, and integrated in the website.
- very new service (I have accountnr 373), with only a handful of profitable signals (6 out of a total of 23)
- they live from the brokers' rebate and split that with the signal providers, so no extra pip spread (like fx-auto) or monthly fees (like C2)
- their forum (http://198.107.177.215/) was created last week - they now have 339 registered users (who signed mostly for a demo account I guess).
- Zulutrade was founded in 2006 by Leon Yohai and Kostas Eleftheriou, 2 greek entrepreneurs living now in the US.
- 3 supported brokers : FXCM (http://www.fxcm.com) , Man Financial (http://www.manfinancial.com) & CMS Forex (http://www.cmsfx.com)

Have you tried them out?
Any experiences you can share?
What's your take on Zulutrade?
When will you be prepared to put real money in their system?
 
Quote from zdreg:

please explain the zulu trade and what u like or dislike about it.

Hi zdreg,

if you check out the website of zulutrade, you will know as much as I do for the moment ... :cool:
I'll report when my demo accounts starts moving ...

Cheers.
 
Quote from FX245:

Hi zdreg,

if you check out the website of zulutrade, you will know as much as I do for the moment ... :cool:
I'll report when my demo accounts starts moving ...

Cheers.


Hmmm.... Interesting. I like the fact that they service multipule brokers. But they defenitly need better signal providers.

P:S - Thanks for sharing this info FX245. You are a true warrior:) I dont know how FX-Auto will feel about you giving all these info on their forum. lol.
 
Quote from auslanco:

Hmmm.... Interesting. I like the fact that they service multipule brokers. But they defenitly need better signal providers.

P:S - Thanks for sharing this info FX245. You are a true warrior:) I dont know how FX-Auto will feel about you giving all these info on their thread.

Dear auslanco,

Thanks for the compliments :cool: and your ongoing input & support.

I don't think FX-auto will have any problems with this - anyway, today fx-auto's collection of signal providers is way superior ... a bit of competition is always good for everyone - it's never good to be alone in a market ... the sole existence of Zultrader proves the importance and business opportunity of fx-auto. I have the strong feeling we are witnessing the start & development of a very important new business niche and very innovative way to invest in the lucrative fx-markets for normal people (i.e. not real traders) like me... (no offence :D )
 
Quote from FX245:

first 4 trades closed in my zuludemo - see screenshot attached...

the system is quite user friendly and fast.

and the attachment. ..
 

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my current demo trade history after 2 days on Zulutrade .. see attached. equity started with $ 50.000 - now $ 49.847 - 15 closed trades, 1 loser, 14 winners +530 pips - I'm auto-trading Targus50 & MalibutFX on all pairs (and completely overleveraged according to the wizard (only a color indication, so have no more details here)) - 18 open positions, - 583 pips.
 

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