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Rated 1 out of 5 stars

You will definately lose money with Zulutrade. However carefully you choose traders to follow, each one will eventually experience a sudden and large loss which will more than reverse all gains. This... See more

Rated 1 out of 5 stars

Do not use Zulutrade.... The leaders may look profitable but eventually they all have lossess that are not managed at all so they can wipe out your account. The platform is also extremely buggy it ne... See more

Company replied

Rated 1 out of 5 stars

Very bad rip off The first impression is very professional but do not be fooled you can not make money with Zulutrade you pay about 60% fees and does not notice it because they are deducted dir... See more

Rated 1 out of 5 stars

I am pretty sure that Zulu trade is a scam I was following a so called trader on a demo account for three months and he was doing great.So were the statistics of previous years performance as th... See more

Company replied

Company details

  1. Alternative Financial Service

Written by the company

We offer a powerful copy trading platform where investors like you seamlessly copy the strategies of expert traders at no cost, regardless of your time or skills. On our platform, you can easily filter our Expert Traders according to ROI, assets traded, ZuluRank, and much more, while expert traders get rewarded for each trade copied. It’s a win-win situation, and the best part is, you always have full control of your investments. Why should you trust us with your investments? We stand out because of our top-quality expert traders, a community of like-minded investors, and a user-friendly platform that makes investing simple. Everything is designed to work together to help you succeed. We didn’t just join the copy trading revolution - we built it. For 17 years, ZuluTrade has been leading the way, empowering millions of investors and expert traders across 150+ countries. Join the ZuluTrade community today and take the first step toward smarter investing.


Contact info

1.3

Bad

TrustScore 1.5 out of 5

92 reviews

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Rated 1 out of 5 stars

Zulutrade scam

Zulutrade scam

Hello guys i am making this post to warn people who are planning to use zulutrade as a signal providers and a signal followers.

I signed up on zulutrade as a signal provider and successfully managed to get in the top 30 in the rank, it was a long road to get there and i managed to reach it with a 90% profit winning trade. This is my signal provider account Magicnumber1 .
I had managed once again to close most of my trades in profit on my Mt4 terminal account, but i noticed the trades i closed in profit on my mt4 terminal were left open on the zulutrade platform.

And these same trade were not closed on zulutrade platform o_0

I contacted their zulutrade support and explained the situation and provided evidence which clearly show the mt4 account was running, and all most these trades closed in profit, they claimed my stp account expired which is absolutely false.

I received an email where they totally ignored all the relevant information i sent them and they are practically telling me to close these trades directly from their own platform manually when these trades were already closed 24 hours ago in profit .... They know fully well the trades were closed in profits were also supposed to be closed on my follower account. They have decided to ignore evidence and facts and want to claim that the mt4 account was not linked when 2 days ago it was working fine... First they claim the mt4 account was expired and now they want to claim it was not linked.

When a company is willing to manipulate a situation to benefit them financially this only mean their have done it before in the past

September 26, 2020
Unprompted review
ZuluTrade logo

Reply from ZuluTrade

Dear Trust Pilot community,

It is with with great regret that we read this review, even though we have discussed this matter extensively via our email correspondence with this user. Unfortunately, his current stance leaves us little choice but to respond in public.

Mr. T.F. reached out to our Support Team to report that his ranking on our platform had dropped significantly. At first glance, it was obvious that his Trader account was disconnected from his Demo MT4 account, which was provided by an unaffiliated, third party broker. Our team rushed to link his Trader account with our internal virtual broker, in order to make sure that his trading signals were not left unattended. Further investigation revealed that the reason for this disconnection lay with the broker that provided the Demo MT4 account.

Our dedicated Traders Desk reached out to Mr. T.F. and offered him with several option on how to proceed, however the user demanded that we alter his account statistics, in order to improve his ranking. Of course, these demands go against our core value of full transparency, not to mention our obligations towards our regulatory authorities.

We must point out that Mr. T.F., like all Traders in our community, is not a client of our platform, but rather a freelance service provider.

Mr. T.F. has repeatedly demonstrated reckless behavior, and proof of that is the fact that his trading signals have remained unattended for more than twenty days. Therefore, we will have to take all appropriate action in order to protect our clients' best interests.

We would like to thank our user base for their continued trust in our services, throughout these 13 years that we have been in business. We remain committed to delivering an excellent and fully transparent user experience, in our effort to provide the best possible copy trading conditions.

With Warm Regards,
The ZuluTrade Team

Rated 5 out of 5 stars

Awesome platform for forex trading

Awesome platform for forex trading. This site is serving about 14 years and still going on. It's all about loyalty. Very easy to sign up and it's free. It has some cool features. There are 2 different accounts for users like Classic account and Profit sharing account. Many crypto currencies like BTC, ETH, LTC etc can be trade here. Though it's social trading (under developing) site, Zulu trade always focus on Copy Trading. I really like their statistic features operational data system. Ranking system of traders can be found there which is just awesome because one can find out more trustable traders in this section. Their customer support is well organized. Telephone support in several languages are available. There's is also a forum where user can ask anything or share his opinion there. Application for Android and iOS users are available. Some time and practice required for the trading. Happy trading.

June 12, 2020
Unprompted review
Rated 5 out of 5 stars

I love zulutrade

I love zulutrade. I can choose among diversified strategies built from combinations of their best traders. I can generate much profit using ZuluTrade. I'm also able to use automatic trading system.It's amazing!

June 11, 2020
Unprompted review
Rated 5 out of 5 stars

I'm very surprised about the allegations of scamming.

Zulutrade's ranking system seems to be based on trade frequency but that doesn't mean all the top rankers are scalpers. To be honest, I'm very surprised about the allegations of scamming. Zulu SP stats are open for anyone to analyse. I've had my account open with them since October last year and am now 90% in profit despite a bad start. I would say to anyone that ZT is most definitely not a money printing machine and needs almost as much work as manual trading BUT I really believe that you get out what you put in. Spreads/slippage can be cr**, on occasion the server has gone down and in my first month I had a lot-size issue which nearly caused me to bail out; the support team were attentive and fixed my problems quickly. The bottom line is that I'm making money, not fantastic amounts but as I learn more and improve my skills my monthly return has been improving. I'm now averaging around 12% per month and I think that maybe I can get to 15%.....so I'm really happy. I've absolutely no problem in posting a screenshot or supplying FPA with my ZT details if anyone is that interested.

June 10, 2020
Unprompted review
Rated 5 out of 5 stars

Zulutrade - a convenient service for those who want to earn some extra income.

Zulutrade - a convenient service for those who want to earn some extra income, broadcast their deals and get commissions from investors. Personally, I, a practicing businessman, found this option the most interesting - I have already been practicing my personal method for a long time. But if you have a fairly stable monthly result and you can provide reports, you will not be short of customers - it is quite a good extra income, which will not require any effort from you.
Zulu is the only company that provides similar services. Many brokers have PAMM, MAMM programs, copying services and much more. Zulu, however, has a reputation, a large base of active clients, and confidence in the company. Additionally, Julutrade collaborates with dozens of brokers - and this is better than the one linked to the broker. Of course, the company has its disadvantages. But reliability is more important to me, especially considering that commissions pay significantly compensation through the number of customers and the revenue from them.

June 9, 2020
Unprompted review
Rated 5 out of 5 stars

Zulutrade is a very good

Zulutrade is an online social and copy trading platform. Basically, it allows traders to acquire a level of automated trading to copy the trades of traders experienced in foreign exchange and financial markets. The social component, however, enables traders to share opinions and ideas. Today it boasts nearly one million users and executes a trade volume of over $ 800 billion. This Julutrade review will break down how it works, how it costs, live accounts, user reviews, regulations and more.

June 9, 2020
Unprompted review
Rated 1 out of 5 stars

Got scam calls ever since registering

Ignoring the actual trading performance, the worst problem with this platform is that after registering I started getting spam calls about buying bitcoin or similar alternatives. They knew my number, name and last name.

That alone wouldn't prove it was them who gave my data away, but yesterday I got a call from someone pretending to be AAAFX (the broker they use), knowing my ID, and claiming I have outstanding funds but have to pay to recover them.

I tried to close the account and ask them to remove my personal data from their systems according to GDPR, but they can't because there are a few cents left. So I can't withdraw them because the fee is higher than the available amount, and I can't also forfeit it for the account to be closed.

I'll just have to change my phone number...

May 22, 2020
ZuluTrade logo

Reply from ZuluTrade

Dear Alejandro,

Thank you for your review of our services.

We are very sorry to hear that you have been contacted by individuals who appear to have acquired your personal information online.

ZuluTrade has a fully transparent Privacy policy, which you may find here: https://www.zulutrade.com/privacy-policy, and will never, under any circumstances, sell your personal information or share it with unauthorized third parties.

We would strongly encourage you to contact our Support team and report your experience, so that we may investigate this incident from our end as well. You may contact us via Live Chat, Email or Phone, details are hosted at https://www.zulutrade.com/support

We assure you that your privacy is of paramount importance to us.

In regards to your personal information deletion request, kindly note that ZuluTrade is fully compliant with the EU GDPR directive, thus we will be more than happy to assist you with that process, which you can be sure that we take quite seriously.

You may send us your request and account details via email from your ZuluTrade registered email address to support@zulutrade.com, and our team will make sure to fulfill it and reply in a timely manner.

Best regards,
ZuluTrade team

Rated 1 out of 5 stars

Scam site.

Scam site.
Keep away.

February 24, 2020
Unprompted review
ZuluTrade logo

Reply from ZuluTrade

Hi Stefan,
ZuluTrade has been founded in 2007 and since then had a series of product and user growth.

We have been in the industry for more than 13 years offering innovative copy trade and social trading features to our Users, Investors, Traders, Brokers and Partners. Thus, we are nothing like a scam, since we are among the few trading platforms offering a wide range of products and account types, including Profit Sharing, which means that we align the interest for all parties.

You can check our service at our official website or contact our 5-star customer support naming you ZuluTradeUsernasme that will be available for anything you might need via Chat, email or Phone.

Best regards,
ZuluTrade team

Rated 1 out of 5 stars

Stay away from them!!

Stay away from them!!! Not only their copier doesn't work as it's supposed to. I have proof of trades not being sent to my broker, but they sell your data to marketing companies. I know that for a fact because I used a brand new email and the marketing company told me they had info from that email. Since I registered at Zulutrade I get harassed by marketers to invest in crappy crypto exchanges etc. Stay away from Zulutrade, none of their signals work, they blow out after a few weeks or months!!!
Edit on 13.12.2022 the aggressive marketing companies are still calling me up to this day. This all started when I registered with Zulu. They leak your data to them! Beware!

February 9, 2020
Unprompted review
ZuluTrade logo

Reply from ZuluTrade

Hi Martin,
ZuluTrade has been founded in 2007 and since then had a series of product and user growth.

We have been in the industry for more than 13 years offering innovative copy trade and social trading features to our Users, Investors, Traders, Brokers and Partners. We are among the few trading platforms offering a wide range of products and account types, including Profit Sharing, which means that we align the interest for all parties.

ZuluTrade has a fully transparent Privacy policy, which you may find here: https://www.zulutrade.com/privacy-policy, and will never, under any circumstances, sell client personal information.

If you have been contacted by marketing companies claiming to be working with ZuluTrade, we welcome you to share your experience with our support team via Live Chat, Email or Phone: https://www.zulutrade.com/support

We assure you that your privacy is of paramount importance to us.

Best regards,
ZuluTrade team

Rated 1 out of 5 stars

DON'T DO IT

DON'T DO IT! I am an ex-trader. Wanted to go automated so tried Zulu twice now.
Had the recommnded setting and both times my demo account started OK and then got obliterated by bad traders. These guys in top 50?. to make it worse after one month their sales guy was on phone trying to ahrrass me to go live with my real money.
You've gotta be kidding??!! When I told him know I think they sell your details and you get bomarded 4-5 times a day by other trading companies.

December 10, 2019
Unprompted review
ZuluTrade logo

Reply from ZuluTrade

Hello there,
Thank you for expressing your opinion and giving us the chance to clarify the situation regarding our website and the services that we offer.

Please note that our Traders Program is open to any user who wishes to share his trading strategy with the ZuluTrade Community. That is to say, there are indeed Traders with less attractive performance. However we have developed search filters that Investors can use in order to find Traders based on custom criteria: ROI, Investors profit etc.

Moreover, we also offer curated Traders’ Combos which are dynamic combinations of individual Traders, constantly monitored by ZuluTrade and updated to ensure maximum performance.

By selecting Traders’ Combos, Auto-Trading becomes easier, faster and safer. If at any point you would like to resume using our services, you can always try this out in a free Demo account.

Of course, the list is not exhaustive, so as you can understand, the competition is fierce and judged upon details.

However, even our proprietary ZuluRank system cannot predict the future results of top-ranked Traders. Since Trading in Forex involves high risks, no one can be immune to unforeseen
losses.

We really appreciate your comprehension of this matter and we strongly believe that if you ever decide to resume using our services, we will be able to provide you with additional assistance in order to minimize the risk factors that Trading can bear.

Regarding your comment about “ ZuluTrade selling details” kindly note that our service has a fully transparent Privacy policy, which you may find here: https://www.zulutrade.com/privacy-policy, and will never, under any circumstances, sell client personal information.

We would strongly encourage you to contact our Support team and report your experience, so that we may investigate this incident from our end as well. You may contact us via Live Chat, Email or Phone, details are hosted at https://www.zulutrade.com/support

We assure you that your privacy is of paramount importance to us.

Best regards,
ZuluTrade Team

Rated 1 out of 5 stars

AVOID

Disgusting company, they’ve sold my details on to other Scumbag companies so now I’m getting 4-5 sales calls every day! I only opened a demo account! AVOID!

December 5, 2019
Unprompted review
ZuluTrade logo

Reply from ZuluTrade

Hello Mr. Chase,
We are very sorry to hear that you were contacted by individuals posing, if we understand correctly, as ZuluTrade employees or associates.
ZuluTrade has a fully transparent Privacy policy, which you may find here: https://www.zulutrade.com/privacy-policy, and will never, under any circumstances, sell client personal information.
We would strongly encourage you to contact our Support team and report your experience, so that we may investigate this incident from our end as well. You may contact us via Live Chat, Email or Phone, details are hosted at https://www.zulutrade.com/support
We assure you that your privacy is of paramount importance to us.
Best regards,
ZuluTrade team

Rated 1 out of 5 stars

Very bad rip off

Very bad rip off

The first impression is very professional but do not be fooled
you can not make money with Zulutrade you pay about 60% fees and does not notice it because they are deducted directly from the profits.
Successful traders regularly run their account against the wall out of nowhere so that you lose everything yourself.
Zulutrade only earns money when you lose money.

November 27, 2019
Unprompted review
Rated 1 out of 5 stars

TO AVOID

If you care a little bit about your money do not go there.

They show you a nice interface where you can follow some other "traders", on this interface of course everything is perfect.
Then when you invest real money the things are different, there are a lot of fees here and there, obviously, performance is not the same.

Another thing: Most, most, most of the "traders" don't have even 1USD on the platform. Correct, they control and play with your money but they do not have money on it. How can it be ???

Another thing, when you post a msg complaining about a "trader" and warning the other users, you msg will be deleted.

Again, if you care a bit about your money, do not go there.

April 15, 2019
Unprompted review
ZuluTrade logo

Reply from ZuluTrade

Hello there,
Thank you for your feedback.
Please be informed that our Traders Program is open to any user who wishes to share his trading strategy with the ZuluTrade Community. That is to say, there are indeed Traders with less attractive performance. We have developed though, search filters that Investors can use in order to find Traders based on custom criteria: ROI, Investors profit etc. You can also find out more by clicking on the video tutorials here:
https://www.zulutrade.com/tutorials
However, even our proprietary ZuluRank system cannot predict the future results of top-ranked Traders. Since Trading in Forex involves high risks, no one can be immune to unforeseen losses.
Of course, if one opts to follow Traders trading with their own, live accounts, they are listed in the “Live Traders” section in the Performance page.
In addition, the Investor may always select to choose the ZuluGuard : It is a protection tool designed to safeguard the invested capital and to shield the profit. The user sets a certain amount he/she may afford to risk for each Trader and ZuluGuard will step in to limit the exposure of your account based on his/her preferences.
Regarding the experience with a real account, kindly note that the diversification of the end result , apart for the personalized settings a user may choose, may be down slippage which is caused by various reasons, the most common of which is the different rates offered by different brokers.
Therefore, the slippage is displayed on the relevant graph on the Performance Page for each Trader and it indicates the average difference in pips a trade may experience when executed at a real account, compared to the one executed in the Trader’s account.
Regarding the posts in a Trader’s Public page, they are declined if they contain inappropriate language or rude comments. Of course, if the user feels that this comment was not evaluated correctly, he/she may always contact us so the matter is further investigated.
In the event that you ever need assistance, please know that our Customer Support Team is by your side 24/5, in order to address your inquiries via Live Chat, phone or email (support@zulutrade.com).
Many thanks for your time!
Best regards,
ZuluTrade team

Rated 1 out of 5 stars

Every new user gets out as a Scam victim...

Every new user gets out of that as a scam victim, this time I had a very frustrating experience with zulutrade.

I had to chat with a chat executive so-called "Marina" for a simple question and she dragged me into an Insulting issue.

What kind of professional company would say this
"Note that the chats are available for all our agents and we are laughing all together. Thank you for making our day."

Imagine if they are laughing out of customers question, then what would happen if you have deposited?

Not only that, most of the chat executives are racists since they know and have your documents, they disrespect and insult the customers based on their race and acoustics.

I think the regulators and other professional brokers should not be partnered with them.

Not to mention, zulutrade CEO was fined for conducting many illegal acts including AML (Anti Money Laundering) fraud. Please search on google for "zulutrade scam review".

March 22, 2019
Unprompted review
ZuluTrade logo

Reply from ZuluTrade

Hello there,
Thank you for your feedback.
We are quite surprised to hear such comments about our support service.
Our Support Team is very knowledgeable, costumer-focused and solution-oriented. All our Representatives try their best in order to assist our clients from all over the world, reply to their inquiries, provide advice and guidance as well as resolve any issues that may arise, in the most respectful of ways.
Naturally, the same conduct of behavior is to be expected from our users in order for a smooth conversation to take place, and the best service possible to be provided. However, upon checking the chat conversations that you had, it is something that you do seem to abide by as you contacted our Support Team and proceeded to insult our Support agents while they were sincerely trying to assist you with your queries.
Please be aware that such occurrence makes any future cooperation rather difficult.
Regarding your comment about a fine, it appears that you are referring to the NFA fine – kindly note that that matter has been settled and ZuluTrade exited at that time from the US market as accordingly. However, ZuluTrade US has been re-launched again in February 2020, always in accordance with US regulations. You may find the relative link here
https://blog.zulutrade.com/post/2020/02/11/zulutrade-now-available-to-usa-traders-and-investors
Thank you for using our services.
Best regards,
ZuluTrade team

Rated 1 out of 5 stars

TOTAL RUBBISH COMPANY

TOTAL RUBBISH COMPANY.
1. I will explain why! To open up a trader account, you need a mobile number. This I understand. However, the mobile is linked to an email address Now, my email provider stopped their service (Tesco.net). Therefore, they cannot unlink that account that I use to have to the mobile number. Their suggestion???? Buy a new mobile phone. Bunch of muppets
2. Their pip calculation on Gold is completely wrong. A $1 move on Gold for them is 100pips. This is not correct. It should be 10 pips. They do not understand this concept. So it totally distorts my summary performance
I really dislike them and their live customer service is as rigid as their automated bot customer service

March 6, 2019
Unprompted review
ZuluTrade logo

Reply from ZuluTrade

Hello there.
Thank you for taking the time to provide us with your feedback.
Please take note of the below:
Regarding the email issue, we were forced to take strict measures to contain spamming on our platform. This is why we implemented this rule.
About XAUUSD, it’s a well-known issue and it will be fully resolved soon. We have already introduced the USD graph while our new revised ROI is about to be launched in public.

Many thanks for your time.

Best regards,
ZuluTrade team

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