ZuluTrade joins forces with BlackBull Markets

ZuluTrade, one of the first most popular platforms social trading establishes close cooperation with BlackBull Markets - the broker FX / CFD from Auckland, New Zealand. Who and what exactly will benefit from it?

Check it out: Everything about Social Trading

The history of ZuluTrade

ZuluTrade is a service present in 192 countries around the world. The company, present on the market since 2007, was one of the first to enable the so-called "Copying" the games of other traders. In its assumption, this was to open up opportunities for effective investing to inexperienced people, and to optimize profits for professional traders achieving satisfactory results. In just the first year of operation, we managed to gain the trust of over 10 active users.

At one time, the trading community strongly criticized the ZuluTrade platform. Mainly due to the lack of adequate transparency, distortions in statistics and the ability to generate signals by traders on demo accounts. This resulted in various abuses on the part of traders who wanted to achieve profits by using highly risky strategies trading on virtual capital. Another problem was the delays in copying transactions, which could reach up to tens of seconds.

More opportunities for traders

Under the new cooperation, traders trading in BlackBull Markets will be able to use the ZuluTrade algorithm. Thanks to this, they will be able to adapt their strategies based on given preferences and the level of risk they accept. customers "Black Bull" they will be able to choose the manager with the option "ZuluRank". The ranking itself is created taking into account parameters such as stability of results, internship, risk exposure, capital involvement and overall performance. The risk will be measured using an indicator called "Margin-Call-o-Meter", i.e. tools that simulate whether the selected configuration of the strategy will not expose them to passing Margin Call and, as a consequence, Stop-Out.

ZULUTRADE PLATFORM