So, you now have some platforms that offer you a new of way of trading. In this format, you are able to look at the statistics of other traders and invest in the markets through them. What it means to invest through them is that you can copy the trades they are pulling off and achieve the same results as them. However, only a few platforms know how to do this right and my Zulutrade review is about one of the best ones out there.
The features designed by this company are different from what you see on other clichéd platforms. It knows what investors are looking and you will surely know that in detail when you read this review. So, let’s find out if copy trading is the way to go.
Pick Your Assets Yourself
It might come to your mind that you will only be able to trade the assets that have been assigned by this platform to you. Here is something important to know. You will not lose any control of your trades at all. The assets you pick are totally dependent on you. You can trade whatever you want because you never lose access to the platform provided to you by the broker you have signed up with. So, you can be in the forex market, stocks markets, or even cryptocurrency market when you are on this platform. You can invest in hundreds of assets and enjoy great trading conditions.
Zulutrade does not define or limit the number of assets that you can trade. If you want to open 10 positions at a time, you can do that. If you want to close 5 positions at a time, you can do that too. Whether you want to trade cryptocurrencies, forex currency pairs, commodities or stocks, you can have them all available to you on this platform.
Copy Only the Best Ones
You’d be right if you are concerned about the validity and success of the trades that you copy from other traders. As an investor, you want to make sure that your investments are going in the right direction. You can’t just rely on another trader who could be just another investor like you who doesn’t know much about trading. Well, you will not run into this problem when you go with copy trading on this platform. It picks only the most successful traders from various brokers on the internet to give you the ones that are good at what they are doing.
These are not random traders with no great record to showcase. These traders have been picked based on their great statistics, which could include high success rates, boosted profitability, consistent success despite market conditions and more. You can even look at their records and other metrics that have been put in place by Zulutrade to see how well or poorly they are performing in their recent trades.
Be on Top of Your Trading Decisions
It might appear to you at first that you are just following another trader and you will never learn from them. You’d be right to think that, only truth is that this is not the case. When you pick Zulutrade for copy trading, you will realize that you can interact with traders. They treat you as beginner investors and are willing to provide you with whatever information and knowledge you need about their trading conditions. You can talk to them, ask them questions, and get tips on how they trade successfully, and what you can do to be a successful trader like them.
Copy trading is a new concept but it follows in the footsteps of other trends online. For example, you used to talk to your relatives on the internet in the past and then it was replaced with the idea of social networks that allowed you to talk to the world. That’s exactly what copy trading is all about, and it’s also referred to as social trading for that reason.