Here we are writing Zulutrade binary options review. In this post I will explain what is Zulutrade and how people are making and loosing money using Zulutrade. Keep reading to know why zulutrade signal provider is a scam.
Zulutrade Review – Get Ready to blow your Account
Name – ZuluTrade
Website – www.zulutrade.com
Cost – Free
Company – Zulutrade Inc.
Overall Rank – 50 out of 100 Points
What is Zulutrade ?
Zulutrade is a platform between signal providers and traders. They just copy the trade of signal providers in the subscriber’s account. Zulutrade was founded in 2007 by Leon Yohai. In early days zulutrade was just used for traditional Forex. But from last few month they started the signal copy service for binary options as well.
I am writing this review after using the Zulutrade signal copy service for one of my account. Keep reading to see the proof.
Zulutrade Binary Options Review – Binary Options Signal Provider
How Much Zulutrade will cost?
Well, zulutrade is free to join. If you want to follow other traders and copy their signals in your account then you just need to connect your existing account with zulutrade and start following other traders.
How Zulutrade Makes Money?
Zulutrade only works with few brokers. If you already have account with any of their recommended broker then you can join for free otherwise you can create account using their link and they will get the commission from broker. Zulutrade also get commission from broker per trade.
Is it possible to make money using Zulutrade?
Yes, But wait…….
It is not for everyone. Those with large account balance are making thousands dollars a day. But it is also possible that you will blow your account even if you have $50000.
Now Look what happened to My Real Account following the no#1 trader.
Some people will say that I did bad money management. But I am 100% sure. Everyone would have lost account that day even with $5000. Because the no#1 trader opened more than 150 trades in one day and lost most of them. Not just that trader. Most of the signal providers on zulutrade use demo account and have thousands of dollar.(virtual money).
So they can open as many trades as they want. They also do martingale and show their high ROI.
Now look at the performance of no#1 trader
Stay away from zulutrade. You can make big money one day but lose the next day. I recommend to use the signal service where you can have full control on your trades. I hope this zulutrade review have given you some information.
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