ZuluTrade Review 2023

/ 5
ZuluTrade is #105 in our CFD broker rankings.

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.

- DayTrading Review Team

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.


Demo Account

Copy Trading

Beginner Friendly
Broker Dependant ($100 Minimum Balance)
MT4, MT5, ActTrader
CFDs, Forex, Stocks, Cryptos, Commodities, Indices
Credit Card, Debit Card, PayPal, Wire Transfer, Mastercard
and 1 more

Forex 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.

Stock Trading

Speculate on stocks and shares on various exchanges in line with your supporting broker's offering. ZuluTrade's social network features and market news allow you to gauge the best stock trades to replicate. You can also browse any leader's portfolio to find their success rate on stock trades.

CFD Trading

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.

Crypto Trading

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.

Copy Trading

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.


  • 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

✓ 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

ZuluTrade is the oldest and most recognizable social wealth management platform. Essentially, it allows investors to follow and mimic the trades of experienced traders in the forex and financial markets. However, the social element also enables traders and investors to leave feedback and share ideas. Today it boasts around two million users and executes a trade volume in excess of $800 billion.

This 2023 ZuluTrade review will break down how it works, covering costs, live accounts, user ratings, regulations, and more. Find out if our experts recommend signing up with ZuluTrade.

Company Details

ZuluTrade is a Finvasia Group company, founded is 2007 by Leon Yohai and Kosta Eleftheriou. Leon Yohai wanted to build software that allowed him to copy the positions of the best traders in the market. Today it is regarded as one of the most innovative copy trading tools in the world, operating from a headquarters in Piraeus, Attiki, Greece.

Throughout its history, the company goal has remained the same; ‘to become the world’s largest social trading community on the globe, offering customer-focused investment solutions where traders on a global level can connect to any trading platform and share their knowledge’.

Key milestones include:

Today, the firm has grown to become a leading copy-trading platform with users in more than 150 countries and over 90,000 traders to choose from. Over 60 brokers worldwide offer ZuluTrade’s cutting-edge technology with over 1.5 million registered users across the globe.

Trading Platform

The ZuluTrade trading platform collaborates with brokers that provide trading on stocks, cryptos, forex, commodities such as oil, and indices such as the Nasdaq. The platform then allows users to review and clone the strategies of top traders.

How It Works

The user base is essentially split into two categories:

ZuluTrade signal providers
Traders Table


Once you have your ZuluTrade account login account details, you can start using a number of useful features, including:

In addition, if you’re concerned about how to choose a trader on ZuluTrade, you can use the ZuluRank calculation. This proprietary algorithm ranks traders by a number of different factors, including:

ZuluTrade also has a risk score, ranging from 1 to 5, which allows you to choose a Trader that aligns with your risk appetite.

ZuluTrade To MetaTrader

Our experts found it is possible to link an external live or demo MetaTrader 4 (MT4) platform to a ZuluTrade account. So, for those asking does ZuluTrade work with MetaTrader accounts? The answer is yes.

How To Copy A Trader

  1. Register for a ZuluTrade account
  2. Sign in using your credentials on the ZuluTrade site or sign up via partnered brokers. Look out for the logo
  3. Browse the best trader that reflects your risk appetite and investment goals. You can view their past performance and traded assets
  4. Select the ‘follow’ button. Enter how much you want to invest and your risk appetite
  5. Select ‘follow’ again. This will begin the copy trade function and the positions of the trader will be duplicated
How to copy a trader on Zulutrade
How To Copy A Trader

Spreads & Fees

Fees vary depending on which account you sign up for. A ZuluTrade Account requires a commission fee only, which is variable between brokers. Traders earn a profit on each trade executed by the following investors. Broker commission largely depends on the volume traded by the client. The spread (the difference between the buy and sell price) will vary between brokers. The currency pair and time of the day can also influence the spread. For example, brokers often widen spreads during periods of high volatility.

With the Profit Sharing profile, you pay a $30 per month subscription in addition to broker fees and commissions. The trader earns 20% of the profits generated for his follower’s accounts each month.

The minimum deposit requirement varies between brokers. Some require a minimum deposit of just $1, others may require $250. With that said, clients are advised to keep a balance of at least $100 in their ZuluTrade account to stay connected to the platform.

2023 also saw the social trading platform introduce a new $10 monthly subscription plan. This removes the commission fee model for clients, allowing them to pay a straightforward monthly charge for each strategy they copy.

Other Trading Fees

You may be charged an overnight rollover/swap fee by your broker. The amount will depend on the asset and volume you are trading. Although these costs can cut into profits over a long period, intraday traders shouldn’t usually encounter these fees.

Aside from that, there aren’t any other costs. As ZuluTrade makes clear, the traders you copy are paid directly by ZuluTrade.

It’s also worth noting that if you head over to their website, every now and then you may find deposit bonuses and promotions.

Mobile App

ZuluTrade provides Android and iPhone trading apps. Once in the application, you can view your performance, review new traders to copy, plus close trades manually. In addition, select go ‘real-time’ and you can manage your risk settings.

Other features include:

Overall, the ZuluTrade mobile application effectively compliments the desktop-based platform. It is easy to navigate and operates seamlessly between devices. Plus, functionality has continuously improved with each update.

Payment Methods

Payment methods for traders include PayPal, bank wire transfers, credit/debit cards and e-wallets.

As an investor, deposit and withdrawal methods will vary depending on the partnered broker. It is also worth checking for any deposit and withdrawal fees applied by the online brokerage.

Demo Account

ZuluTrade offers a free fully functioning demo account. Simply head over to their website and select the demo option. You will then need to enter the following basic information:

Once you have your demo login details, you will be able to conduct in-depth analysis and follow trading gurus. You can also use their social features to find the best settings, plus access tips and tricks. Look out for partnered brokers that also let you integrate ZuluTrade services within their demo profiles.

Practice ZuluTrade simulator account
Demo Account Settings

Overall, we found the demo account easy-to-use and replicates many of the features you will get, should you choose to upgrade to a live account.

Regulation & License

ZuluTrade is established globally and is regulated in the EU and Japan.

As a copy trading solution for brokers in the EU, ZuluTrade has obtained a Triple-A Experts SA license from Greece’s Hellenic Capital Market Commission (HCMC).

The platform is also regulated in Japan (2014 – No. 1058 Member Associations / General Japan Investment Advisers Association).

Additional Features

There are several attractive additional features you get with ZuluTrade:

On top of that, there are also training videos, tutorials, user guides, and PDFs that should be able to help you with any problems. Through their Followers Academy, ZuluTrade also offers advice on how to choose from their long list of supported brokers.

Account Types

When opening a live account, new users will have access to the ZuluTrade Account.

The ZuluTrade Account is suitable for beginners as well as advanced users. You will benefit from manual or fully customized copy-trading, plus traders can enjoy standard volume-based commissions.

This account gives you access to charts, data, alerts, and forex signals. It also allows for straightforward account maintenance. Head over to ‘my account’ and you will get access to all the basic functions, from reviewing performance rankings to the ‘delete account’ button.

The ZuluTrade Account contains numerous benefits including:

How To Become A Trader

Many reviews highlight that educational sources focus on forex trading videos and broker comparisons while leaving out guidance on how to become a trader. Yet some of the best ZuluTrade success stories are from those who have in effect sold the rights to their trading strategies.

This is because you get 0.5 pips per lot traded by someone following you with a real money account. So, if you can accumulate over a hundred investors, that can add up to fairly significant commissions.


Obviously, you can’t maintain a negative balance, but what else would a good trader guide recommend you do to get a sizeable amount following you?

Trading Hours

Trading should not be performed outside of ZuluTrade’s market hours. The market opens on Sunday 21:00 UTC and closes Friday 21:00 UTC. During Eastern time daylight saving, the market will open on Sunday at 17:00 UTC and close Friday 17:00 UTC.

Note, trading hours are close to competitors and similar sites.

Contact & Customer Support

If you have any technical issues or account requests, such as to change leverage, simply head over to the ZuluTrade homepage. From there you can find live chat available 24 hours a day. This is the most popular method of contact for ZuluTrade users at present. Your partnered broker should also be able to provide basic support such as a breakdown of commissions, step-by-step guides to copy trades and integrating ZuluTrade services to an MT4 demo profile.

On top of that, there is email and phone support in more than 20 languages, plus a 24-hour hotline. You can also go about using the ZuluTrade website to submit feedback via an online form or by selecting ‘contact us’. The website is also available in 20+ languages including English, Spanish and Portuguese.

In fact, their long-term commitment to reliable customer support was recognized with a BrokerNotes triple AAA support rating.

Safety & Security

While using ZuluTrade, our experts found the brand safeguards personal information via industry-standard SSL encryption on its PC and mobile platforms. Funds are also not held, as the service simply provides the platform between the trader and investor.

ZuluGuard is often highlighted as a particularly well-liked feature in customer testimonials and review forums. It is an effective account protection feature. It works by monitoring each trader’s behavior and removing a user when a draconian strategy is detected. This should help keep your income safe from erratic traders. Also, note you can manually set the ZuluGuard protection by looking at the Advanced Mode in the Settings section of your account.

ZuluTrade vs Competitors

What does ZuluTrade offer vs eToro, NinjaTrader and other systems? You can easily view rankings of investor performance. The simulation also shows the overall profit.

Perhaps it is the sheer number of traders you can copy that sets ZuluTrade apart. You have access to over 90,000 traders from 150+ countries. You can then use ZuluTrade’s advanced search engine to hone in on the best. For example, you can choose to see only those who have traded their own money, had a maximum drawdown of 20%, and traded for at least a year.

Many users also like to copy more than one trader. So, you can utilize UserLists to manage your potential candidates. This will also allow you to monitor an individual for a while before copying. In addition, you can share lists amongst users.

After you have found a trader you wish to follow, you can assign a specific amount you want to trade per signal you copy. Alternatively, there is a ‘Pro rata %’ option. For example, 20% would mean if the trader opened 1 lot, 0.2 lots would be opened in your account. On top of that, you can set a ‘Max Open Position’ for a particular trader.

You can review your account performance at any time. Daily and weekly summary reports will be sent via email. You will also receive email notifications when the behavior of one of your trader’s changes. In addition, you can review trade performance by trader and time frame. This should help you establish who has been generating gains and losses in your account.

ZuluTrade Verdict

Overall, the ZuluTrade.com offering is attractive to traders and investors of all experience levels. The ever-growing number of users alone demonstrates that. Yet despite being user-friendly, the service does work best if you opt for the company’s own brokerage, AAAFx.

In addition, staying profitable isn’t always straightforward. You need to be aware revenue can disappear just as quickly as it appears in your account. So, having an effective strategy and money management system in place is essential.


What Is ZuluTrade?

ZuluTrade is a Greek financial technology company that offers a copy trading platform on desktop and mobile. Investors can copy the trades of over 90,000 traders on forex, commodity, crypto, and stock markets directly through the terminal or through affiliate brokers.

What Is The ZuluTrade Minimum Deposit Requirement?

There is no minimum deposit requirement required to invest on the ZuluTrade platform, though the brand recommends keeping a balance of at least $100. Investors using the services through broker partners must comply with the respective brokerage’s minimum deposit values.

Is ZuluTrade Regulated?

Yes, ZuluTrade is regulated in the EU and Japan. The firm holds a license with Greece’s Hellenic Capital Market Commission and the General Japan Investment Advisers Association.

Can I Use Leverage When Trading With ZuluTrade?

Leverage opportunities vary between ZuluTrade-partnered brokers. Depending on local entity regulations, global brokers may offer margin of up to 1:1000.

Is ZuluTrade Legit?

ZuluTrade is an established social and copy trading platform. With over 15 years in the market, it has been serving clients across the world with a trusted and stable platform. If using the terminal through a broker, ensure they follow client safeguarding protocols such as segregated client funds and access to investor compensation schemes.

Accepted Countries

ZuluTrade accepts traders from Australia, Thailand, Canada, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders can not use ZuluTrade from United States, United Kingdom, Belgium, Iran, Syria, Sudan.

Payment Methods

ZuluTrade Details

Minimum Trade $1
Regulated By HCMC & General Japan Investment Advisers Association
Islamic Account Yes
Mobile Apps iOS & Android
Margin Trading Yes
Volatility Index No
Spot Trading No
Perpetual Swaps No
AI / Machine Learning No
Robo Advisor No
P2P Trading No
Negative Balance Protection No
VPS Hosting Yes
Tournaments No
Demo Competitions No
Managed Accounts Yes
Market Maker No
Auto Trading ZuluTrade are market leaders in automated trading. From scripts to auto execution APIs and copy trading.
Social Trading Yes
Trade Signals Yes
Guaranteed Stop Loss No
  • Gold
  • Oil
  • Silver

CFD Trading Details

FTSE Spread Broker dependent
GBPUSD Spread Broker dependent
Oil Spread Broker dependent
Stocks Spread Broker dependent
Leverage Broker Dependent

Forex Trading Details

GBPUSD Spread Broker dependent
EURUSD Spread Broker dependent
EURGBP Spread Broker dependent
Assets 500+

Cryptocurrency Trading Details

Crypto Spread Broker dependent
Crypto Lending No
Crypto Staking No
Crypto Mining No
Crypto Auto Market Maker No

Compare ZuluTrade

Compare ZuluTrade with similar brokers that accept traders from your location. Among available brokers these are the most similar to ZuluTrade:

  1. IG Group – IG is an award-winning broker that has an excellent reputation globally. The brand-US offers spread betting, CFD and forex trading across a comprehensive suite of markets. IG is also multi-regulated, provides a great trading app and has 50 years experience.
    Go to IG Group
  2. Just2Trade – Just2Trade is a reliable multi-regulated broker registered with FINRA, NFA and CySEC. The company has 155,000 clients from 130 countries and stands out for its huge suite of instruments and additional features, including a social network, robo advisors and a funded trader programme.
    Go to Just2Trade
  3. World Forex – World Forex is an offshore broker registered in St Vincent and the Grenadines, offering commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets.
    Go to World Forex

ZuluTrade Comparison Table

Compare ZuluTrade With Similar Brokers
ZuluTrade IG Group Just2Trade World Forex
Rating 4.1 4.4 3.5 4
Markets CFDs, Forex, Stocks, Cryptos, Commodities, Indices CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting Stocks, ADRs, ETFs, Futures, Options, Commodities, Bonds Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts
Demo Account Yes Yes Yes Yes
Minimum Deposit Broker Dependant ($100 Minimum Balance) $0 $100 $1
Minimum Trade $1 0.01 Lots 0.01 Lots 0.01 Lots
Regulators HCMC & General Japan Investment Advisers Association FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA CySEC, NFA, FINRA, Bank of Russia SVGFSA
Bonus Up to $2,000 for professional accounts 100% Deposit Bonus
Education Yes Yes No No
Platforms MT4, MT5, ActTrader MT4, AutoChartist, TradingCentral MT4, MT5, TradingCentral MT4, MT5
Leverage Broker Dependent 1:30 (Retail), 1:250 (Pro) 1:20 1:1000
Payment Methods 6 6 20 10
Visit Visit Visit Visit
Review ZuluTrade
IG Group
World Forex

Compare Trading Instruments

Compare the markets and instruments offered by ZuluTrade and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare ZuluTrade Trading Instruments
ZuluTrade IG Group Just2Trade World Forex
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil Yes Yes Yes Yes
Gold Yes Yes Yes Yes
Copper No Yes No No
Silver Yes Yes Yes Yes
Corn No No No No
Crypto Yes Yes Yes Yes
Futures No Yes Yes No
Options No Yes Yes No
ETFs No Yes Yes No
Bonds No Yes Yes No
Warrants No Yes No No
Spreadbetting No Yes No No
Volatility Index No Yes No No

ZuluTrade vs Other Brokers

Compare ZuluTrade with any other broker by selecting the other broker below.

ZuluTrade vs

The most popular ZuluTrade comparisons:

  1. ZuluTrade vs eToro
  2. NinjaTrader vs ZuluTrade
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.