Zulutrade Review 2020

Zulutrade Rated 3/5
Zulutrade have a low rating. We recommend you look at one of their alternative brokers.
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Zulutrade Guide

Zulutrade are an online broker founded in 2007 offering Forex trading, CFDs trading, and Social Trading trading.

Zulutrade are a global broker and have multiple offices around the world including a head office in Greece.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of Zulutrade we break down the pros and cons. What Zulutrade are able to offer, what countries Zulutrade are available in. Who Zulutrade are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with Zulutrade

  • Regulated by: Hellenic Capital Market Commission (HCMC)
  • Headquarters Country : Greece
  • Foundation year 2007
  • Min Deposit : 300
  • Used by over 10,000 traders
  • Zulutrade is not available in the following countries : AU, CA,KR, CU, IR, MM, SD, SY
Open Zulutrade's Website

Losses can exceed deposits

At the bottom of this review you can also learn about some pretty good alternatives to Zulutrade

With this review we hope to help you see if Zulutrade is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Zulutrade that will help you get off to a good start in the world of online trading.

Zulutrade Review Table of Contents

Zulutrade what you should know

Zulutrade offer three ways to trade: Forex, CFDs, Social Trading.

With Zulutrade you will need a minimum deposit of $300. You can sign up for a demo account to acquaint yourself with Zulutrade platform.

Zulutrade are able to accommodate various levels of traders whether you are experienced or a beginner.


Are Zulutrade safe?

When choosing a broker like Zulutrade the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2007, and in operation for 12 years Zulutrade have a head office in Greece.

Zulutrade is regulated. This means Zulutrade are supervised by and is checked for conduct by the Hellenic Capital Market Commission (HCMC) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Zulutrade, this will be honored. If Zulutrade violate any regulatory rules their regulated status could be stripped.

Any payments funded to Zulutrade accounts by traders are held in a segregated bank account.

For added security Zulutrade use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with Zulutrade. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Zulutrade

Losses can exceed deposits

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

Broker Zulutrade XTB Pepperstone eToro
Year Established 2007 2002 2010 2006
Head Office Greece Poland Australia Cyprus, UK
Regulation Hellenic Capital Market Commission (HCMC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
Used By 10,000+ 250,000+ 10,000+ 10,000+
Negative balance protection Yes Yes No
Guaranteed Stop Loss Yes No No
Learn More Visit Zulutrade Visit XTB Visit Pepperstone Visit eToro
Risk Warning Losses can exceed deposits Your capital is at risk Your capital is at risk 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Zulutrade Pros and Cons

What we like about Zulutrade

  • Used by over 10,000 traders
  • Established in 2007
  • Regulated by Hellenic Capital Market Commission (HCMC)
  • Min. deposit from $300

What we don't like about Zulutrade

Zulutrade Financial Regulation and Supervision in more detail

We have checked and Zulutrade is regulated and supervised by reputable organisations. You are able to check every Zulutrade supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with Zulutrade. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect Zulutrade traders and provide a safe trading environment.

Zulutrade is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as Zulutrade you should be sure they're legitimate online agent.

Zulutrade General Fees

  • Zulutrade withdrawal fees varies on payment method
  • Zulutrade does charge inactivity fees
  • Zulutrade does charge deposit fees
Broker Zulutrade XTB Pepperstone eToro
Min Deposit 300 0 200 200
Withdrawl Fees Varies varies No Yes
Inactivity Fees Yes No Yes Yes
Deposit Fees Varies No No No
CFD Commission Fees Varies Yes Yes No

Zulutrade Commissions

  • Zulutrade does charge commission on CFD shares.

What can you trade with Zulutrade?

You can trade a wide variety of instruments with Zulutrade over 100 instruments infact.

If you are looking at trading currency pairs Zulutrade offer over 15 currency pairs.

Compare Zulutrade with XTB and Pepperstone below.

Losses can exceed deposits

Broker Zulutrade XTB Pepperstone eToro
Instruments Available 100 1,500 100 100
Platforms ZuluTrade, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
FX / Currencies Visit Zulutrade Visit XTB Visit Pepperstone Visit eToro
Forex pairs offered 15 50 70 50
Major forex pairs Yes Yes Yes Yes
Minor forex pairs Yes Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies No Yes Yes Yes
Commodity CFDs Visit Zulutrade Visit XTB Visit Pepperstone Visit eToro
Commodities Offered 0 21 16 0
Metals Yes Yes Yes Yes
Energies No Yes Yes Yes
Agricultural No Yes No Yes
Indiced & Stock CFDs Visit Zulutrade Visit XTB Visit Pepperstone Visit eToro
Stocks Offered 1696 60 957
UK Shares No Yes No Yes
US Shares No Yes No Yes
German Shares Yes Yes Yes Yes
Japanese Shares Yes Yes No Yes

Trading on Zulutrade web platforms and other applications

Zulutrade offer a user-friendly custom trading platform, available as both a downloadable program or as a browser based WebTrader. If you are looking for a MetaTrader broker, see our comparison of MT4 brokers here.

Zulutrade also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

See Zulutrade's platforms

Zulutrade Trading benefits :

  • Allows scalping
  • Allows hedging
  • Low min deposit

Zulutrade Trading Accounts Offered :

  • Demo account
  • Standard account

Can I try Zulutrade before I buy?

Zulutrade offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

What funding and withdrawl methods do Zulutrade accept?

Zulutrade offer the below funding payment methods. learn more about Zulutrade

  • Credit cards
  • Bank Transfer
  • PayPal
Broker Zulutrade XTB Pepperstone eToro
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal Yes Yes Yes Yes
Skrill No Yes Yes Yes
Payoneer Yes Yes Yes
Neteller No Yes Yes Yes

How can I start trading with Zulutrade?

When opening a trading account with Zulutrade, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Zulutrade trading platforms here.

Performing trades with Zulutrade

With Zulutrade, the minimum and maximum trade requirements vary depending on the trader and the instrument.

As a market maker, Zulutrade may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments.

Education resources at Zulutrade

To trade effectively with Zulutrade, it's important to get a have a good understanding of the XTB trading tools and the markets.

Zulutrade offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with Zulutrade.

Take time to look around the Zulutrade platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at Zulutrade

Zulutrade support a wide range of languages including English, French, Spanish, German, Polish, Dutch, Italian, Russian, Romanian, Turkish, Japanease, Arab, Korean

Zulutrade have a triple AAA grade support rating because they offer a wide range of languages, live chat, email and phone support.

Zulutrade customer service support multiple languages from all over the world. Having a broker that can hire people from various locations in the world who can better communicate with you in your local language is a huge advantage well trying to deal with issues.

Livechat Support at Zulutrade

We tested the Zulutrade live chat and it works well. We sent messages to Zulutrade livechat through their app and website and recieved a response within 3 minutes.

We tested communicating with Zulutrade support in multiple languages in multiple countries. Zulutrade where able to quickly resolve our customer issues.

Email Support at Zulutrade

We sent several emails to Zulutrade and answer times overall were excellent. The fastest response from Zulutrade was less than 2 minutes and the slowest response was 3 hours. Support response times may vary for you with Zulutrade, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall very good email support from Zulutrade.

Phone Support at Zulutrade

We called Zulutrade and the call was answered very quickly. The call was answered in less than 1 minutes.

The Zulutrade phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual Zulutrade team by calling in varying languages. Zulutrade made an effort to make sure our queries were answered.

Overall great phone support from Zulutrade.

See how Zulutrade Support Compares Against Other Brokers

Broker Zulutrade XTB Pepperstone eToro
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, French, Spanish, German, Polish, Dutch, Italian, Russian, Romanian, Turkish, Japanease, Arab, Korean English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic English, German, Spanish, French, and Italian
Learn More Visit Zulutrade Visit XTB Visit Pepperstone Visit eToro
Risk Warning Losses can exceed deposits Your capital is at risk Your capital is at risk 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

What you will need to open an account with Zulutrade

As Zulutrade is regulated by Hellenic Capital Market Commission (HCMC), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore Zulutrade's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Zulutrade you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.zulutrade.co.uk/ on 12th August 2018.

Zulutrade Bottom Line

  • Zulutrade have a good track record of offering Forex, CFDs, Social Trading.
  • Zulutrade has a history of over 11 years.
  • Zulutrade has a reasonable sized client support call center of at least 10.
  • Zulutrade are regulated by Hellenic Capital Market Commission (HCMC). This means Zulutrade fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • Zulutrade have regulation from a Tier 1 reputable country.
  • Zulutrade has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • Zulutrade have an international presence in multiple countries. This includes local Zulutrade seminars and training.
  • Zulutrade are able to hire people from various locations in the world who can better communicate in your local language.

Zulutrade Risk Disclaimer

Losses can exceed deposits

Zulutrade not quite right?

Check out these Zulutrade Alternatives

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If you feel some of the above Zulutrade are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Zulutrade alternatives below.

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ZULUTRADE Frequently Asked Questions

Can I try Zulutrade before I buy?

Zulutrade offer a demo account so you can try before you put down and payment. Learn more here

What funding methods do Zulutrade accept?

Zulutrade offer the following funding payment methods accept Credit cards, Bank Transfers, PayPal, Wire Transfer, among other payment methods.
Learn more here

Losses can exceed deposits

How can I start trading with Zulutrade?

When opening a trading account with Zulutrade, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Zulutrade trading platforms here.

Is my money safe with Zulutrade?

Zulutrade is regulated by Hellenic Capital Market Commission (HCMC). One of the most important criteria for traders when choosing a broker like Zulutrade is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Zulutrade, this will be honored. If they violate any regulatory rules their regulated status can be stripped.