When you hear about copy trading for the first time, you might think it’s not that big of a deal. However, I can tell you from my personal experience that copy trading is the future of online trading.
Things continue to change in this modern world and I think copy trading is what the future of online trading will be. Firstly, I have to say that there are many platforms that now claim to have great copy trading features, but I have found one that proves the point with its features. You will know more about it in this detailed ZuluTrade review.
It’s not a platform that is created to do only business and make money. It isa place created for aspiring investors from around the world and guide them into successful trading careers. How does this company do it? I’m sure you will find out in this ZuluTrade review.
The Guarding Feature
When you sign up with ZuluTrade, the first thing I want you to know is that there is a guarding feature that has been designed for you i.e. the investor. This particular feature has been designed so that you won’t be taken advantage of. For example, let’s say you pick a trader and start copying their trades. Now, your platform is copying their trades automatically.
However, they start to deviate from the set path that does not align with your trading goals. In that scenario, they will be doing damage to your portfolio and making you lose money. However, the best part is that ZuluTrade has a solution for that problem.
It has created this amazing ZuluGuard feature that will protect you in this scenario. This feature intervenes when the trader you are following starts going off track and results in you losing money. As soon as the platform detects that, it drops off the trader from your portfolio.
Interaction with Copy Traders
When you sign up with online brokers, you will realize that they talk about their training features a lot. It is true that online brokers have created their own training academies for their traders. In those academies, you will find just about any content you like about trading.
However, the problem is that you are never able to talk to someone who is directly and actively involved in trading. You either talk to eBooks and videos that have been created months and years ago. Or you get to talk to those who are hosting webinars, but they might only be giving advice, not investing in the market actively.
On the other hand, you have ZuluTrade providing you with access to those who you are copying. Yes, you look at their profile, the data that proves that they are good, and then start copying them. While you are copying them, you can also talk to them about their trading strategies and how they became successful. They are more than willing to help you learn trading. It’s more like a free feature that you enjoy when you sign up with ZuluTrade as an investor.
Complete Trader Info Available
One of the biggest issues that can arise in a copy trading platform is of trust. How will you trust the person that you are copying? How can you tell that they know what they are doing and that they will not result in you losing money after investing it?
Well, you are again talking about something that ZuluTrade has already taken care of. Before you even choose a trader, you are able to look at their profile and the statistics that prove their recent trading record.
You can see how many trades they have pulled off, how successful they have been, and the markets that they mostly invest in. The best part is that you can also see how many investors are already copying their trades. If that number is big, you can be sure that the trader is doing something right.
If you have people around you who tell you that forex trading is easy, you better stop listening to them because that’s not true. Trading requires you to take a lot of different ways, use a lot of methods, and invest in many markets that perform differently. You can only make the best of your trades when you choose a great copy trading partner like ZuluTrade.