PrimeXBT vs ZuluTrade
| PrimeXBT | ZuluTrade |
|---|---|
4.1
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3.1
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PrimeXBT is a multi-asset platform offering highly leveraged trading in forex, indices, commodities and cryptocurrencies. The company launched in 2018 and now has over 1 million users from more than 150 countries. With no minimum deposit, copy trading features and low commissions, the broker remains a popular option among crypto trading novices. |
ZuluTrade is a renowned social-wealth management platform that allows investors to trade by copying the trades of experienced traders, also known as leaders. This award-winning platform supports social trading and copy trading across multiple assets and has a network of more than 90,000 Leaders and 1,000+ brokers. ZuluTrade is part of the Finvasia Group and is regulated in the EU, South Africa, Japan and Mauritius. |
| Customer Reviews | |
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4.6
Based on 10 PrimeXBT customer reviews
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| Bonus Offer | |
| $100 Deposit Bonus | |
| Comment by Reviewer | |
| "PrimeXBT is good for beginners looking to trade crypto derivatives among traditional assets like forex and indices. There's also a proprietary copy trading solution for novices looking to learn from more experienced investors. With that said, the lack of regulation means traders will receive limited safeguards." | "We recommend ZuluTrade for investors interested in joining one of the world's largest and best-performing social trading networks. The platform is user-friendly and clients can copy trade in a variety of popular financial markets." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| CFDs, Cryptos, Forex, Indices, Commodities, Futures | CFDs; Forex, Stocks, Cryptos, Commodities, Indices |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $0 | Broker Dependant |
| Trading Platforms | |
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| Payment Methods | |
| Investors - Broker-Dependent. Leaders - Bank Transfer, PayPal, Cryptos | |
| Minimum Trade | |
| 0.01 Lots | $1 |
| Regulator | |
| HCMC in EU, FSA in Japan, FSC in Mauritius, FSCA in South Africa | |
| Margin Trading | |
| Yes | Yes |
| STP Account | |
| No | No |
| ECN Account | |
| No | No |
| DMA Account | |
| No | No |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| Yes | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | No |
| Mobile Apps | |
| iOS & Android | iOS & Android |
| Auto Trading | |
| Yes | ZuluTrade are market leaders in automated trading. From scripts to auto execution APIs and copy trading. |
| Copy Trading | |
| Yes | Yes |
| Copy Trading Platform | |
| PrimeXBT offers a decent copy trading service where traders can follow the strategies of other users with free and paid-for signals. Once you have found a suitable strategy provider, you simply need to hit ‘follow’ to get started. | Investors can follow the strategies and positions of 90,000+ traders spanning a range of financial markets. ZuluTrade is one of the top-rated and regulated copy trading platforms globally, with multiple industry awards, an excellent reputation and a suite of risk management tools and real-time analysis features. |
| Social Trading | |
| Yes | Yes |
| Trade Signals | |
| No | Yes |
| VPS Hosting | |
| No | Yes |
| Tournaments | |
| Yes | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $0 | |
| Islamic Account | |
| No | Yes |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| PrimeXBT offers CFDs across four asset classes with very high leverage up to 1:1000. Beginners can also take advantage of the broker’s useful technical analysis guides and CFD education, plus 24/7 in-platform support via live chat. | CFD trading not offered |
| Leverage | |
| 1:1000 | Broker Dependent |
| FTSE Spread | |
| Variable | Broker dependent |
| GBPUSD Spread | |
| Variable | Broker dependent |
| Oil Spread | |
| Variable | Broker dependent |
| Stocks Spread | |
| Variable | Broker dependent |
| Forex Trading | |
| PrimeXBT offers 50 forex pairs, which is above the industry average and covers a good range of majors, minors and exotics. Traders can enjoy trading via margin with zero commissions. Additionally, the broker’s copy trading service allows you to explore various currency trading strategies. | In the realm of Forex CFDs, ZuluTrade offers access to an extensive selection of currency pairs, enabling traders to engage in the exciting world of currency exchange with ease and flexibility. |
| GBPUSD Spread | |
| Variable | Broker dependent |
| EURUSD Spread | |
| Variable | Broker dependent |
| EURGBP Spread | |
| Variable | Broker dependent |
| Assets | |
| 45+ | Broker dependent |
| Cryptocurrency | |
| Traders can speculate on popular cryptos with commissions as low as 0.05% and high leverage up to 1:200. Additionally, the broker continues to improve its offering by introducing crypto futures as well as trading contests with real prizes. | ZuluTrade supports Crypto CFDs, making it possible for traders to speculate on the price movements of cryptocurrencies like Bitcoin and Ethereum. This feature allows traders to participate in the cryptocurrency market without owning the underlying assets. |
| Spread | |
| 0.05% BTC, 0.05% ETH | Broker dependent |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
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