TradeDirect365 vs ZuluTrade
| TradeDirect365 Review 2023 | ZuluTrade Review 2023 |
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3
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4.1
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 Traders from US not accepted
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Traders from US not accepted
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Founded by professional trader Davin Clarke in 2014, TradeDirect365 is registered in Australia to provide retail traders with half a thousand CFD products at competitive fees and leverage up to 1:30. The firm is regulated by the ASIC, which is a top-tier regulator and offers fee-free and fast deposit methods. A beginner-friendly web platform is available alongside the popular MT4. |
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 | |
| "TradeDirect365 is the best fit for Aussie traders due to the support for local payment methods, ASIC oversight, and competitive fees on Australian trading assets. TradeDirect365 will also suit beginners looking for a fixed-spread account, which can provide upfront transparency on trading fees." | "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, Stocks, Indices, Forex, Commodities, Cryptocurrencies | CFDs, Forex, Stocks, Cryptos, Commodities, Indices |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $0 | Broker Dependant ($100 Minimum Balance) |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | $1 |
| Regulator | |
| ASIC, SCB | HCMC & General Japan Investment Advisers Association |
| Margin Trading | |
| Yes | Yes |
| STP Account | |
| No | No |
| ECN Account | |
| Yes | 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 | |
| Yes | No |
| Mobile Apps | |
| iOS & Android | iOS & Android |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader | 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 | |
| No | Yes |
| Trade Signals | |
| MT4 | Yes |
| VPS Hosting | |
| No | Yes |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| Yes | No |
| Inactivity Fee | |
| $0 | |
| Islamic Account | |
| No | Yes |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Our team was impressed with the range and depth of CFD products available, with more than 500 instruments available on both MT4 and the firm's proprietary CloudTrader. You can go long or short on forex, stocks, indices, commodities and cryptos. | 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 | |
| 1:200 | Broker Dependent |
| FTSE Spread | |
| 0.4 | Broker dependent |
| GBPUSD Spread | |
| 0.8 | Broker dependent |
| Oil Spread | |
| 3.0 | Broker dependent |
| Stocks Spread | |
| 0.14% (Aus) | Broker dependent |
| Forex Trading | |
| TradeDirect365 offers 30 forex pairs with fixed spreads from 0.6 pips on the AUD/USD and EUR/USD. Retail investors can trade forex with 1:30 leverage and pro traders with 1:200 leverage. | 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. |
| Forex App | |
TradeDirect365 offers the CloudTrader app. The beginner-friendly application is available on Apple and Android devices and offers one-click trading, customizable charts, and basic account management. |
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| GBPUSD Spread | |
| 0.8 | Broker dependent |
| EURUSD Spread | |
| 0.6 | Broker dependent |
| EURGBP Spread | |
| 0.6 | Broker dependent |
| Assets | |
| 30+ | 500+ |
| Cryptocurrency | |
| DeFi enthusiasts can trade 10 different tokens at TradeDirect365, including Bitcoin and Ethereum. These instruments are available with both of the firm's supported platforms at competitive prices. You can trade crypto 24/7. | 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 | |
| From 1 | 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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TradeDirect365 vs |
ZuluTrade vs |