FAQ about ZuluTrade.

Below is all You have to know about ZuluTrade Platform

1. Opening a Demo account with Zulutrade
2. Opening a Live account with Zulutrade
3. Setting up your account with your Broker
4. Selecting Signal Providers to auto trade your account
5. Managing your account
6. What do the settings in your account mean, and how to use them
1. Max Open Lots
2. Lots Per Provider
3. Stop/Start button
4. Max Lots
5. Configure
6. Reverse
7. Limit, Stop, Trail, and Breakeven
8. Remove
7. Open Positions
8. Pending Orders
9. Trade History
10. Create a Trade
11. Signal Providers, Commissions, PayPal, etc.
12. Affiliates, commissions, PayPal, etc.

- Opening a Demo account with Zulutrade
If you wish to test the revolutionary system out, please visit the website at zulutrade.com, select 'open live account' on our homepage. From there you will be prompted to either open a demo or a live account, choose to select a demo account, and you will be given $50,000 in equity to place your trades. As of now we only have Demo accounts reflecting that of a standard 1 lot account. However in the very near future we will have Mini Demo accounts with 0.1 lots of a standard 1 lot, and with less equity to more accurately depict that of a Mini account. A Demo account is a great way to get a good feel for how our platform works. All Demo accounts have a 120 min delay.

- Opening a Live account with Zulutrade
To open an account with our revolutionary trading platform at zulutrade. Please visit our homepage at zulutrade.com, select 'open live account' at the top of the page. From there fill in the requested information, and shortly there after, your account will be funded and you can receive free signals for your auto trade. The minimum account deposit for a Mini account required by brokerage firms is: $300. However we do recommend that you fund your Mini account with no less than $1,000. If you wish to open a standard account, we do recommend that you fund it with $15,000. Furthermore we offer AUD, EUR, GBP and JPY mini accounts.

- Setting up your account with your Broker
When you select to open a live account through website Zulutrade.com, you will be prompted with many questions and requests by the brokerage firms we are compatible with. They require you to send them a valid form of ID, and a proof of residency. Furthermore you will also have to fill out and complete an LOD (letter of direction) form. The setup process if everything is submitted correctly and filled out properly, generally takes in the realm of 2 to 3 business days. Immediately after your account is fully setup and funded through your broker (doing all of this through our website) we will then automatically send you your login details to be able to log into your account, and begin auto trading with our platform.

- Selecting Signal Providers to autotrade your account
While logged into your account, under your account settings tab at the bottom left hand corner you will notice a selection tilted ‘Add a provider’. By selecting this you will bring up our vast selection of signal providers. You may select any provider at any time to auto trade your account and there is no limit to how many providers you will use. Most providers have under their names in performance page, a portfolio that describes a bit about their strategy.
Furthermore in your account settings you will notice a bar called ‘systems’ where as with no providers selected it remains clear. However the more providers you add, or depending on your account settings and present equity in your account it moves from green to red, and tends to display the message “you have too many providers selected for your account”. No matter which provider or how many you select, they will always trade your account even if our system indicates that you have selected too many. This is simply a precautionary measure that we take, to inform our clients about their exposure. (is based on the clients total equity or account balance, and also relates to how many lots the selected signal provider typically opens at any one time).

- Managing your account
The client has full control over his/her account in the way each selected provider will trade it. After you have selected a given provider to auto trade your account, you can manage this provider by doing the following. Increasing or Decreasing the number of Max Open Lots so either the provider can open several trades at once, or just a few, or even just 1 at a time. Increasing or Decreasing the number of Max Lots per provider, this controls how many lots each individual provider can open in your account at any one time. You can also change the number of lots per trade each provider will trade with, this will increase the spread and volatility of the trade. We recommend that you setup your account based on the equity you have, and the risk that you are willing to take to earn your desired ROI. We do have a very vast selection of signal providers to choose from, and we recommend opening at least one demo account and testing several of them to get comfortable with one, or a few, before opening a live account.

- What do the settings in your account mean, and how to use them
Most of the changes you as a client can make, remain under your account settings tab while logged into your account, while others can be changed in your open positions, pending orders and when you first select a provider to auto trade your account. Lets first start with every function and how to use it under your account settings tab.

- Max Open Lots
This setting pertains to the total number of lots that can be opened and/or pending at any one time in your account. This is a drop down menu selection that ranges from 1 to 500 with different incriminations along the way, and also has a no limit setting at the end. So lets say you have 2 providers selected and you have your max open lots setting set to 5. 1 provider has 2 trades open, and one pending order, thus totaling 3 lots. While the other provider has 2 trades open thus totaling 5 lots all together, and equaling your max open lots setting of 5. No more trades can be either executed in your account or placed under your pending orders tab. So if you notice that one of your selected providers has opened another trade under his/her trade history, on our performance section of our homepage, but that trade never hits your account, this is because it would have exceeded your max open lots setting, and that is not allowed.

- Lots Per Provider
Next to each provider you will notice a drop down selection titled ‘Lots’. This selection pertains to the total number of lots that will be traded for each individual trade by that provider. This selection ranges from 1 to 50 with different incriminations along the way. Relating back to the previous example of having 5 max open lots, where as a provider opens 2 trades and equals 2 lots, this is if your lots per provider is set to 1. If it were set to 2, then those 2 trades would equal 4 lots, thus only leaving room for one more lot to be able to open in your account.

- Stop/Start button
This pertains to either inactivating your account, or activating your account depending on whether the button is either currently displaying a red stop, or a green start indication. You can select either one at any time to either stop or start receiving trades in your account. When you first open your account, the button will already be active and ready to begin receiving trades. By selecting to stop your trading activity, no trades will be able to be placed in your account.

- Max Lots
You will find this setting next to each providers name, this pertains to the max open lots that a single provider can place in your account. So lets say you have 10 max open lots, with 2 providers selected with one lot per trade, and 5 lots for max lots, then each provider can only have 5 lots open each at one time, thus possibly filling up the 10 max open lots for your account selection.

- Configure
This setting can be found next to each provider further to the right. By selecting this you will be taken to a new page where all possible currency pairs are displayed. The current setting for all the pairs will initially be 1 lot per each pair. However you may change this setting, so you can have as many lots as you wish per each different currency pair to be traded by a signal provider.

- Reverse
This is a checkbox next to each provider’s name that you have selected in your account. It is a fact that some providers don't send good advice. Even more, their market predictions are so wrong that it can be profitable to do the opposite of what they suggest. So when they say buy you actually sell, and vice versa. When reversed, some of the worst providers outperform even the best ones. Toggle the reverse checkbox and see for yourself how profitable some providers can be.

- Limit, Stop, Trail, and Breakeven
These settings can also be found next to each provider you have selected in your account. Limit is a setting that if put in place by the client or a provider it will close the trade at a given profit. Stop is a setting that if put in place by the client or a provider it will close the trade at a given loss. Trail is a sliding stop value that follows the trade as it is making a profit. Breakeven is how many pips a trade must be profiting before a stop is placed at the breakeven. These can be set manually when a provider is trading your account from your account settings page.

- Remove
You will notice this selection at the far right of every signal providers name that you have selected in your account. By simply selecting this option you will remove this provider from auto trading your account, however any remaining open trades, or pending orders that the provider has placed in your account will remain there, even after you remove this provider. You can close them manually at any time you wish.

- Open Positions
This is where executed signals that providers place in your account will show. Here you can see what your current earnings or losses are at the moment. Each trade that is open under your open positions tab, you can change certain values of that trade if you wish. By clicking on the current ‘stop’ value of the trade, this will bring up a popup window where you change this value if you wish, you can do the same for ‘limit’ as well. Furthermore to the far right of the trade you will see a selection titled ‘close’ by selecting this you will then be prompted with a ‘sure’ selection, after this has been chosen, the trade will then close and no longer appear in your open positions tab. Take into consideration that sometimes there is a brief delay in the closing of trades, once you close the trade it will immediately close, however sometimes it can appear to still be open under your open positions tab, try refreshing the page as this helps to depict more accurately.

- Pending Orders
Under this tab you will find all pending orders placed by your signal providers. These are trades that have been assigned different market values of the current market value of the given pair, thus they will not open in your open positions tab until that value is reached. Here you can make the exact same changes that we discussed in the previous chapter ‘Open Positions’, with stop, limit, and closing the trade. However you can also change the value of the ‘open price’, where as this is what price the trade will execute.

- Trade History
Here you will find a history with all the trades that have opened and closed in your account. You will also have a graph and a few filters to represent the data as you see fit. You can click on the ‘date open’ of each trade to generate a pop up window showing you a graph with the high and low reached of that trade, also it will show if the trade was opened at market price, or if it was a pending order, the reason for the trade being closed i.e. via a signal from a provider, or a manual close by the client. Also in your trade history you will notice a filter selection where as you can filter the graph and data below to represent all signal providers, or one at a time, thus the same goes for currency pairs, and furthermore you can change what dates you wish the history to represent.

- Create a Trade
Here the client can place manual trades as he/she sees fit. You will notice all the currency pairs, a buy and sell column and a constant green and red color-flashing price upwards or downwards. If you wish to place a manual trade simply click on either buy or sell for a given pair and a popup window will appear. This window will consist of the current market price, and a limit and stop setting. You may change the current market price by unchecking the ‘market’ box, thus enabling you to place a different market price, which in turn will create a pending order. You may also place stops and limits through this popup window as well. Once you have entered the information you wish, simply click on OK and the trade will be placed either in your open positions, or pending orders.

- Signal Providers, commissions, PayPal
Please visit our web page at zulutrade.com, and at the bottom of the page under our current top list of providers, select the tab titled 'join zulutrade as a signal provider. From here fill out the requested information to become a signal provider for zulutrade. A signal provider places trades through his/her account, where in turn these signals get placed on all clients account in our system that are subscribed to you. These signals can be created by using our Create a Trade section in your account. Signal providers get 0.5 pips for each traded lot of their own signals only. Typically after a request for payment has been made via PayPal, it takes 5 to 7 business days to process. Please be sure to have your PayPal account setup properly to avoid any issues with payment.

- Affiliates, commissions, PayPal
Our Affiliate program offers clients the chance to have our web page placed on their own personal URL website address, which we will create for them, per their request. An affiliate receives 0.4 pips for each traded lot of the clients that signed up through their website, for ANY signal. So affiliate signs up, and starts advertising their website in attempt to attract as many clients as possible. Our current method of payment for all affiliates is via PayPal or bank account. Typically after a request for payment has been made via PayPal, it takes 5 to 7 business days to process. Please be sure to have your PayPal account setup properly to avoid any issues with payment.

• FAQ about ZuluTrade
  

• What is ZuluTrade?

  ZuluTrade bridged the gap between valuable information in money markets and trade execution, by converting the advice of professional and talented traders globally to an executed trade rapidly and automatically in your account (from supported brokers)

  There was a time when trading was a headache. Not anymore! You don't have to study or monitor the market to make a good pick, because hundreds of industry well-known experts from all over the world are doing it for you. All you have to do is pick the experts you like, and Zulutrade will quickly convert their advice into live trades in your trading account directly with your broker. And the best of all, it's completely FREE!*

  Zulutrade receives rebates from the brokers, for the trades generated and splits them with the experts that provide the advice.

• So this service is completely free for me?

  Yes, completely free. The FCM and ZuluTrade are compensated for their services through the spread between the bid/ask prices. The revenues are then shared with the signal providers who have generated the signals. Note that unlike other similar services, we do not increase the spreads on any currency. There is absolutely no additional/hidden cost in our service.

• Who is placing the trades on my account? Do the experts know about my account?

  None of the experts that recommend trades will ever know your account's existence. Zulutrade receives their recommendations, and checks the experts you have subscribed with in your account profile, and decides whether or not to autotrade their advice in your live account using a secure direct connection with the broker's backend. Zulutrade's patented engine places trades automatically with no human intervention. Zulutrade service is server based, in other words you don't even need to have your computer on.

• How do I get started?

  All you have to do is provide Zulutrade with the name and account number of the brokerage firm you're trading with. Sign and fax the documentation required by your broker, to authorize ZuluTrade to bridge the experts advice with your broker account.

  If it is the first time that you will trade online or you never had an on-line trading account with one of the brokers we support, then the first step is to open a new account. Click here to open one now in just 5 minutes.

• Are the results hypothetical? There are a lot of websites that claim all kinds of results...

  Every signal received by ZuluTrade is executed on at least one live / demo broker account. The results contain final spread, swap rates, and profit or loss from current open positions, hence all possible costs by the broker. The spread is the standard spread advertised by the broker you're trading with. Hence our performance always reflects real market conditions. Due to the volatility of the markets, sometimes results may vary between accounts.All signals and trades executed on a demo account are considered to be hypothetical.

• I already have an account with one of the dealing brokers you support. Why is ZuluTrade telling me that I cannot use this account? Signing the IB form doesn't work. Do I need to open a new account? What’s wrong?

  This is because when you opened this account, there was a party that acted as an Introducing Broker (IB). Your dealing broker cannot remove that Introducing Broker from your account and replace it with Zulutrade as the new one (legal issues). You need to open a new account and set ZuluTrade as your Introducing Broker. Click here to open a new account already setup for ZuluTrade.

• I do not want to open a new account, and I don’t want to sign any forms, even though there is not any cost involved with it. I prefer to use my existing account with the broker I’m trading with, without any changes. Is this possible?

  No. By signing the IB form, you enable ZuluTrade to receive rebates from the broker or dealer you have an account with, and most importantly for ZuluTrade to pay the signal providers that are generating the trades being executed in your account. So if you do not wish to sign the IB form with the existing account, the alternative is to open a new account with your broker by signing the same IB form for that new account.

• Why do I need to type my username for the broker platform I’m trading with? Is there any danger for anybody to steal it?

  No, there is no danger. We will never ask you for your password. But even If your password was stolen, it is not possible for anyone (including ZuluTrade) to withdraw funds from your account. This is because your broker, who always wires funds to the beneficiary of the account ONLY, is the one who had opened the account

• What is a pip?

  A pip is the minimum movement of a currency upwards or downwards. To calculate each pip for every currency, divide 1/ (currency pair exchange rate) Ex: 1/224.92 (GBP/JPY) = 0.00444 GBP. If you’re trading a 100:1 leverage account, then multiply this with 100. Ex 0.00444 x 1000 = 4.44 GBP. To transform this to USD just convert it. Ex: GBP/USD = 1.9377 x 4.444 = 8.6 USD / pip

  Another example is to calculate a pip for GBP/USD. 1/1.9377 = 0.516 GBP. For a 100:1 standard account, multiply that with 10. Ex: 0.516 x 10 = 5.16. To convert in USD multiply with 1.9377. Ex: 5.16 x 1.9377 = 9.98 USD / pip

  Without proper risk management, this high degree of leverage can lead to large losses as well as gains.

• How long does it take to open a new account with my existing broker?

  It only takes 1 day. Most brokers – if you already had an account with them, do not require duplicate proof of records, and will provide you with a new account number. Don’t forget to tell them that your Introducing Broker is ZuluTrade.

• What is the minimum deposit to open a new account?

  It depends on the broker, but we recommend that the amount for a standard account is $20,000 USD and for a mini account is $1,000 USD.

• I don’t have a trading account with one of the dealing brokers you support. Is that a problem?

  No. You can open a new account already set up with ZuluTrade .

• I tried to open an account, but I’m confused. Should I open a standard account, or a mini one?

  If you are trading more than $10,000 USD we recommend to open a standard account, otherwise a mini account.

• Can I open my account in different base currency than USD?

  Yes. You can choose between USD, JPY, EUR, GBP and AUD

• I logged into my account. How many providers should I trade with?

  On the account settings page in the member's login area, there is a wizard that corresponds to the lots traded by every provider and your equity. This wizard will display how many providers you should choose without having the risk of a margin call. Simply follow the wizard. Of course you can choose the signal providers manually if you wish.

• What is a lot?

  A standard lot is a buy or sell size. If you buy 1 lot of EUR/USD, trading at 100:1 leverage then you buy 100,000 EUR/USD. But since you’re trading with 100:1, the leveraged value is 1,000 EUR/USD or 1 standard lot. If you trade a mini lot, then you buy 10,000 EUR/USD and the leveraged value is 10,000 EUR/USD or 1 mini lot.

  Without proper risk management, this high degree of leverage can lead to large losses as well as gains.

• Can I trade manually? Or will it conflict with the zulutrades?

Yes. Manual trades will not affect automatic trades.

• I have opened a new account with my broker. How do I know everything is ok?

  Your broker will send you an email confirming that we are the Introducing Broker, and that your account is ready. Then, you log in to ZuluTrade and configure your trades.

• Who are these signal providers? How did you pick them?

  We do not pick them. Any individual can become a ZuluTrade signal provider. It is not possible on ZuluTrade to misrepresent the performance of the signals generated. If ZuluTrade shows a profit or loss, it is accurate, because details are confirmed by the dealing broker’s statements. For each pip stated in the performance section, there is a trade registered in the broker’s backoffice. The results are not hypothetical, but actual.

• What is ‘spread’ and why do all my trades start off with negative pips?

  The spread in the FX currency trading market, refers to the difference between the ‘bid’ price for the currency and the ‘ask’ price.
  Each traded currency pair opens with the spread. So if the spread is 5, then your trade will open at –5pips.

• How do I control the number of lots, and the number of trades a signal provider trades with on my account?

  When logged into your account at zulutrade.com, go to your account settings page. From there select the ‘max open lots’ drop down menu’, this allows you the set the number of total lots you wish a provider to have open at any one time, before he can open any more lots. Also, next to each provider's name you have selected, there is a drop down selection called ‘lots’. This pertains to the number of lots to be traded on each individual trade. For example: if you wish each provider to trade with 2 lots per trade, but wish there to be no more than 2 trades open at a time. Then you would set max open lots to 4, and number of lots next to your providers name to 2.

• What is Trail and Breakeven mean?

  Trail is a sliding stop value that follows the trade as it is making a profit.
  Breakeven is how many pips a trade must be profiting before a stop is placed at the breakeven.
  Both or these can be set manually when a provider is trading your account from your account settings page.

Have any questions about opening demo or real ZuluTrade accounts? Write me zulupro@gmail.com