eToro vs ZuluTrade year Which Broker is Better?


The performance data that ZuluTrade provides is comprehensive, including lots of detailed stats for each signal provider. Making it much easier to pick out the profitable traders to follow. There is also a built in ranking system to help find profitable traders, or they can be sorted using a variety of criteria. Of course you can, but as with any form of investment, there is also the possibility you can lose as well. The benefit of using ZuluTrade is that the chances are better stacked towards a profit, as opposed to trading on your own. And you have ample opportunity to employ a strict risk management strategy.

US brokers need to be registered with the National Futures Association and Commodity Futures Trading Commission . When choosing a broker, it is best practice to make sure that they are regulated by one of the major regulatory authorities. It is important to know in which country the online broker operates from and if they have regulation from the relevant authorities. Not all regulations and licenses give the same protection.

List of Pros and cons of Demo Account

ZuluTrade holds a similar license in Japan following an acquisition. EToro imposes fairly high spreads, which creates an uncompetitive trading environment typical for a market maker. The EUR/USD is listed with a spread of 3.0 pips, a very high spread for the most liquid currency pair. Zero-commission equity trades are offered for non-leveraged positions, otherwise, a 0.09% fee is charged. A $25 withdrawal fee is additionally levied, acting as a deterrent for traders to request withdrawals. ZuluTrade is compensated by the spread, and traders need to account for the mark-up.

Spreads on other markets also remained around or lower than the industry averages. Amana Capital is regulated in the United Kingdom, the United Arab Emirates, Cyprus, Malaysia, and Mauritius. It offers 392 investment instruments that range from forex and stocks to commodities and cryptocurrencies. However, the broker charges fees on most of the deposits and withdrawals, which the traders must consider. Amana Capital does not have any minimum deposit requirement, meaning new traders can start with the smallest sum they want. The broker takes deposits in several methods, bank transfers, credit/debit cards, Neteller and Skrill, along with many other local methods.


Consider if they have restrictions on the distance from current price when placing orders. If you plan to hedge, scalp or use automated software, check they allow this. If you pick some Signal Providers, ZuluTrade will convert their advice into live trades in your trading account directly using your broker. Ultimately, the right choice of a broker or platform depends on your trading style, goals, and requirements.

Top 5 Best Broker for ZuluTrade

Use our powerful backtesting engines to minimize your exposure from unnecessary risk. ZuluTrade also offers integration with several trading platforms, including MetaTrader 4 and cTrader, providing users with a wider range of trading tools and features. CopyTrading has gained momentum in the financial market in recent years, providing a viable option for traders who lack the time or knowledge to trade independently. Two leading copy trading platforms are eToro and ZuluTrade. Both platforms offer unique features that make them stand out from the competition.

Easy-to-use and web-based, the eToro platform has won many awards over the years for innovation and simplicity. With over 6 million clients, eToro has successfully made social trading an integral part of Forex industry. If you want to register yourself in Zulutrade, then feel relaxed, for you don’t need to pay anything for it. But it must be remembered that the traders must partner with brokers to use this platform. It is the broker who determines the fees that are charged for the services that are provided. With some partner brokers, there is no fee charged, while some partners charge a minimum deposit that is essential to be paid before joining this platform.

social trading network

ZuluTrade is a better alternative for those who already know and understand the rules of trading and money management. EToro traders tend to be more long-term traders who leave their positions open from several days to a few months. ZuluTrade, on the other hand, lets you have total control of your risk management.

Trading Tools on ZuluTrade

These are usually provided free to clients or for a small fee. Traders rely on the services of an online trading broker to trade the markets. With new brokers constantly coming online, choosing the best brokers for your needs requires a lot of research and patience.

If you are a beginner then the more educational materials provided the better. Even the more advanced traders can find useful educational articles, videos and webinars from some brokers. You can see our best brokers for beginners if you need some guidance along the way.

Best ZuluTrade Brokers for Trading Forex

A versatile trading platform for all types of financial markets. The free version offers 120 currency pairs with a large volume, gold and silver, as well as cryptocurrencies. Stock assets and information packages are provided only on a paid basis. It is integrated into the Personal Account which combines the Forex market trading functionality of the terminal, account management, and statistics of affiliate programs.

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The largest and most liquid market in the world where the main underlying asset is foreign currencies traded in pairs. ZuluTrade’s copy-trading feature is also easy to use and can be accessed from the “Traders” tab on the main menu. Like with all Forex trading, it is important to do your own research and manage your risk appropriately. I like how much information I can get about a trader just by looking at his card.

Comparison of Forex platforms

Once you have hit these targets, other traders who are trading through this platform can see you on the performance tab. To take advantage of the Zulutrade social trading service, you must register with a broker who supports the service. After that, you have to link your brokerage account with Zulutrade. FXCM Group is one of the market-leading brokerages that provide trading and investment services for forex, stocks, spread betting, CFDs, and other related instruments. EToro does not offer MetaTrader and only supports its proprietary trading platform. Since ZuluTrade enables social trading via MetaTrader, it presents a more comprehensive approach and opportunities for traders, which eToro cannot match.

  • A relatively small number of Forex brokers supporting this platform.
  • Available from within the MT4 platform is built-in copy trading functionality in addition to an auto trading service through a third-party provider, Myfxbook Autotrade.
  • The algorithm continuously analyses the FX market, looking for potentially high probability opportunities.
  • We handpick the best forex brokers using ZuluTrade based on our trading data and experience as a trader.
  • Tickeron, the quant-sourced marketplace for AI stock trading tools, adds a new set of AI Robots to be used by active traders.
  • As you have seen from our comparison of the two largest social trading platforms, there is no easy way to call one the winner and the other the loser.

forex broker reviews’s advanced charting tools are also a key selling point. The platform offers several technical indicators and chart types, making it easy for traders to analyze the markets. EToro’s advanced charting tools are one of its key selling points. The platform offers several technical indicators, drawing tools, and chart types, making it easy for traders to analyze the markets. ZuluTrade, on the other hand, has partnered with over 64 global brokerages to provide social trading to their clients, and also manages a brokerage called AAAFX. ZuluTrade is a bit different from eToro in that it does not have its own broker.

It is a popular platform and offers trading services with forex, indices, stocks, commodities and cryptocurrencies. It was founded in 2007 and has grown to become one of the most popular trading platforms worldwide. The platform allows users to connect with other traders, view their trades, and even copy their trading strategies. One of the most popular brokers, FxPro has over 800,000 clients worldwide and offers copy-trading on all three major trading platforms. While it no longer offers a dedicated copy-trading service, FxPro does offer copy-trading via signal trading on MT4, MT5 and cTrader. Zulutrade, a third-party copy trading tool that allows traders to choose between 100,000 signal providers from 192 countries.

Social trading service with a built-in risk management system. The rating of signal providers includes active traders whose retail investor accounts have existed for more than a month. Depending on the results of trading Forex and strategy, each trader is assigned a risk level. The investor chooses any of the 4 options for copying signals in accordance with his risk management preferences.

Comparing eToro and ZuluTrade: Which Offers More Efficient Copy Trading?

This tool is customizable to your taste and specific strategies. EToro offers integration with several trading platforms, including MetaTrader 4, allowing users to access a wider range of trading tools and features. EToro maintains an above-average cost structure to compensate for the commission-free trading accounts.

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XStation is a platform for trading on any markets with support for social trading. The platform developer is a liquidity provider and XTB broker. ATAS is an analytical platform designed for scalping, swing trading and high-frequency automated trading in the stock and cryptocurrency markets. The platform supports connection to the Moscow Exchange, Binance, OKX, ByBit cryptocurrency exchanges. CTrader is a professional Forex and stock trading platform created in 2011 by Spotware. The terminal allows for automated trading strategies and is focused on professional trading on ECN accounts.

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In addition to that, ZuluTrade allows traders to use one of over 50 other brokers who operate through its platform. Collective2- Use hedge fund strategies in a regular brokerage account. For existing clients, please contact our friendly support team at if you wish to open a Zulutrade account. Study this article to learn more about the pros and cons of oil trading, as well as oil futures, options, ETFs, CFDs, etc.

The responsibility for the subscription lies entirely with the investor. A relatively small number of brokers supporting this platform. The platform is suitable for trading Forex among investors who have experience with simpler terminals. Due to the complexity of the platform and high cost, the most Forex brokers prefer the MetaQuotes license to the terminal. While MT4 is the best for Forex trading, Ninja Trader could be recommended for brokers who specialize in the stock market. The capabilities of the LiteFinance platform, its algorithms, copy trading features and so much more can be found in our detailed reviewUnderstanding the LiteFinance Personal Account.

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