ZuluTrade Is A Greek Fintech Company That Operates An Online And Mobile Social And Copy Trading Platform. The Platform Allows Users To Copy Other Traders In Forex. As Of 2024, ZuluTrade Has About 30 Million Users And Supports More Than 150 + Countries
ZuluTrade Was Founded In 2007 By Leon Yohai And Kosta Eleftheriou. Eleftheriou Left The Company In 2008. [Source Request] Yohai Traded On The FXCM Trading Platform Before Founding ZuluTrade. He Created A Software That Connected To The FXCM API, Allowing Him To Copy Trading Strategies In His Area Of Interest. The Concept Then Went Into Beta In 2008. By 2009, The Company Had A Portfolio Of Over 4,500 "expert" Traders (or "signal Providers") Whose Trading Strategies Could Be Replicated By The Platform's User Base.
In 2011, ZuluTrade Was Named A "Top 100 Startups" In The "Finance, Payments And E-Commerce" Category By The Daily Telegraph '. The Company Also Introduced Several New Features, Including The Ability To Follow Other Followers (not Just Signal Providers), And The Requirement That Signal Providers Be Profitable In Order To Receive Payments. In November 2012, ZuluTrade Redesigned Their Website And Added More New Features, Including ZuluGuard. By The End Of 2013, The Company Had Around 120 Employees, 40 Of Whom Were Designated To Be Responsible For Customer Support.
In September 2014, Zulutrade Expanded In Japan Through The Acquisition Of Regulated Investment Advisor Market Crew Investment Advisor Co. Ltd. And Launched A Partnership With A Local Foreign Exchange Retail Broker. The First Japanese Broker Was Arena FX Co. Ltd. In March 2015, ZuluTrade Group Announced That The Platform Had Been Granted A European Union Portfolio Management License By The European Union. The Designation Made The Company A Licensed Portfolio Manager In The European Union.
In April 2019, The Company Launched Its Copy Trading Service Macaso In Japan. It Partnered With Local Broker Excite One To Launch The Service. In 2020, ZuluTrade Expanded To The United States, Making It Regulated In Three Financial Regions, Including Japan, The European Union And The United States.
In December 2021, ZuluTrade Joined The Finvasia Group. Finvasia Has Been Working To Expand Its Presence In Europe, North America And The Middle East In Various Ways In Order To Create A Complete Ecosystem For Retail And Institutional Investors.
Finvasia Has More Than A Dozen Brands In The Financial Services Industry And Has Attracted Millions Of Investors Worldwide. With Offices In More Than 5 Countries, It Serves Clients In More Than 150 Countries And Is Regulated By More Than A Dozen Regulators Worldwide.
In November 2022, The Company Announced The Omission Of Profit-sharing Fees From Its Investor Accounts.
ZuluTrade Service Is A Social And Copy-trading Online Platform That Allows Users To Imitate The Investment Strategies Of Trading "experts" In The Forex Market. The User Base Is Generally Divided Into Two Categories: Signal Providers And Followers. Signal Providers Are Usually Traders Who Have Developed Strategies That They Are Willing To Share And Can Be Copied By Their Followers. Followers Can Also Imitate The Strategies Of Portfolios Created By Other Followers. The Compensation Fees For Signal Providers Are Based On The Success And Popularity Of Their Trading Strategies.
The Platform Also Has Several Features, Including ZuluGuard, Which Automatically Unfollows Signal Providers If Their Trading Strategies Change. Lock Trade Allows Users To Verify The Execution Of A Trade After Receiving A Signal. The Site Also Has Some Social Network-like Features, Including Comments And Forums. The Platform Also Has A Feature Called ZuluScript, Which Allows Users To Create Scripts That Specify Specific Parameters As Criteria For Trading Robots (called "Expert Advisors") To Automatically Start Trading. In Addition, ZuluTrade Operates A Binary Options Social Trading Platform.
ZuluTrade Provides Investor Performance Rankings And Allows Investors To Instantly Observe And Copy Other Traders' Portfolios. This Is Provided By Emulator, Which Shows Overall Profits, Alerts Users If A Margin Call Occurs, And Even Allows Users To Download A Spreadsheet Of All Simulated Trades.
