ZuluTrade Revamps Social Trading Platform
ZuluTrade has gone live with a series of updates and new features. The social trading platform has improved the onboarding process, enhanced the social trading feed, and introduced a transparent subscription model. The result is a high-quality user experience for aspiring traders.
Slick Joining Process
New investors can register for a ZuluTrade account with basic contact details.
Alternatively, traders can link their current MetaTrader, ActTrader, XOH or Match-Trader accounts. This means users can start copying trades in a few minutes, regardless of the broker they hold an account with.
Clear Subscription Plan
ZuluTrade has done away with fees per order and volume. Instead, traders can pay a $10 monthly subscription charge per copied strategy provider. There are also quarterly, bi-annual and annual discounts.
Clients with an account at one of ZuluTrader’s integrated or co-branded brokers can also mirror strategies free of charge. With the new pricing strategy, partner brokers will cover subscription charges. Although, whether partners will find a way of passing these fees onto customers elsewhere is yet to be seen.
Feature-Rich Social Feed
Traders can upload photos and videos, post market news, and respond to content from other users. The interactive feed also allows investors to assess the credibility of strategy providers.
We particularly liked the addition of a risk score (1 to 5), which makes it easier to find a master trader that aligns with your investment goals and risk tolerance.
Manual Trading Capabilities
ZuluTrade has added features that give users more control over their trades. It is now easier for traders to change inputs in terms of the amount invested, lot size, and units.
The improvements also extend to risk management, allowing traders to set stop loss and take profit levels with ease.
“We Are Extending A World Of Possibilities To Our Community”
ZuluTrade CEO, Tajinder Virk, commented on the revamp: “The world is more and more driven by community and shared knowledge, we at ZuluTrade feel creating communities that can help each other and as a result creating an environment of mutual trust where everyone benefits by being a part of the community.”
Virk added: “With the revamped ZuluTrade Social Intelligence Platform, we are extending a world of possibilities to our community. As we continue to grow across borders, it was a much needed and natural change.”
Ultimately, the latest changes make the social trading platform easier to use for new investors while improving the experience for existing clients. They will also help cement ZuluTrade’s position as a top pick for broker-agnostic social trading.