TeleTrade vs ZuluTrade

TeleTrade vs ZuluTrade Comparison Table 2023
TeleTrade Review 2023 ZuluTrade Review 2023
Not Yet Rated
4.1
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

TeleTrade offers ECN accounts with tight spreads & powerful trading platforms.

ZuluTrade provides social and copy trading services across forex, indices, stocks, cryptocurrencies, commodities and more. Over 90,000 traders are available to follow and the firm has picked up multiple awards. ZuluTrade is part of the Finvasia Group and is regulated in the EU, South Africa, Japan and Mauritius.

Comment by Reviewer
"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
  • Many global affiliate brokers
  • Reliable and easy-to-use mobile app
  • Access to popular cryptocurrencies including Bitcoin
  • Free and fully functioning demo account, perfect for beginners
  • Wide range of performance indicators and graphs to help evaluate traders
  • More than 90,000 traders to follow and copy which could result in greater earnings
  • Users can comment directly on traders’ profile pages, helping to hold traders to account while creating an effective review process
  • Some social trading networks only give you access to the last 50 or 100 traders, but all historical trades are available at ZuluTrade
  • Only view the top traders who comply with stringent criteria, demonstrating consistent and reliable performance
Cons
  • Some inconsistent traders to be aware of
  • Employing an effective money management system can be difficult for beginners
  • Traders are not formally vetted. The ZuluGuard™ feature does mitigate this risk however, removing traders and/or withholding fees where appropriate
Awards
  • Best Forex Broker Europe 2017 - Capital Finance International
  • Best CFD Broker Europe 2015 - Global Banking & Finance Review
  • Best Forex Customer Service Broker Europe 2015 - Global Banking & Finance Review
  • Best Trading Education Provider Europe 2014 - International Finance Magazine
  • Best Forex Broker in Europe 2014 - Global Financial Market Review
  • Best Trading Platform Southern Europe 2014 - Global Banking & Finance Review
  • Best Social Trading Solution at UF Awards 2022
  • Best Social Wealth Management Platform at Forex Expo Dubai in October 2022
  • Best Social Trading Solution Award at iFX EXPO Dubai 2023
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies CFDs, Forex, Stocks, Cryptos, Commodities, Indices
Demo Account
Yes Yes
Minimum Deposit
$100 Broker Dependant ($100 Minimum Balance)
Trading Platforms
  • MT4
  • MT5
  • MT4
  • MT5
  • ActTrader
Payment Methods
Minimum Trade
0.01 Lots $1
Regulator
CySEC HCMC & General Japan Investment Advisers Association
Margin Trading
No 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
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
Yes iOS & Android
Auto Trading
Yes ZuluTrade are market leaders in automated trading. From scripts to auto execution APIs and copy trading.
Copy Trading
No Yes
Copy Trading Platform
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
Yes Yes
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes Yes
Commodities
CFD Trading
Diversify your portfolio by trading in multiple financial markets. Invest in traditional and emerging markets in line with your broker's supported CFD assets. Go long or short with leverage. Traders can also utilize technical analysis tools and create Expert Advisors using ZuluScript.
Leverage
1:30 (Retail), 1:500 (Pro) Broker Dependent
FTSE Spread
1.9 Broker dependent
GBPUSD Spread
1.3 Broker dependent
Oil Spread
0.09 Broker dependent
Stocks Spread
Variable Broker dependent
Forex Trading
Participate in the global currency market with leveraged trading. Clients can speculate on an extensive list of currencies, dependant on the partner broker. 24/5 customer service is available to support new users. Traders can also practice forex analysis techniques and browse leaders in the free demo account.
GBPUSD Spread
1.3 Broker dependent
EURUSD Spread
0.9 Broker dependent
EURGBP Spread
1 Broker dependent
Assets
60+ 500+
Cryptocurrency
TeleTrade offers a range of popular and emerging crypocurrencies. ZuluTrade works with a range of brokers that deliver trading on a huge range of cryptos. Copy the trades on some of the most popular cryptocurrencies in the world, including Bitcoin and Ethereum and stay up to date with ZuluTrade's integrated crypto news.
Spread
Floating Broker dependent
Coins
  • ADA
  • BCH
  • BSV
  • BTC
  • BTG
  • DSH
  • EOS
  • ETC
  • ETH
  • IOT
  • LTC
  • NEO
  • OMG
  • TRX
  • XLM
  • XMR
  • XRP
  • ZEC
  • ZRX
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
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