As part of its strategy to provide unmatched and world-class trading environment, ZuluTrade invests in new and exciting ways for their clients to trade financial markets through an open and transparent environment.
Social trading is one of the newest trends in financial markets where people can connect, interact, discuss and profit in a real-time on a community focused trading environment. By linking traders from all over the world into one big network, social trading empowers traders to use each other’s skills to trade smarter together, and that collective wisdom can take your trading to a level you never thought possible before.
ZuluTrade’s social trading network works on several levels, enabling you to utilize social trading as it suits you. Whatever your financial investment goals or style, social trading is sure to enrich your trading experience.
The most basic function of the social trading network is to bring you live feeds of trading activity. How does that benefit you? Information is power, and staying informed about what other traders are doing gives you valuable insight into market trends, innovative strategies and trading ideas.
Naturally, you would probably be more interested in looking at certain traders’ market activity more than others’. You can do so by choosing to “Follow” the traders that you find more interesting. You can also get more information on each trader and even get in touch with them in person through their personal profiles. If you’re not sure which traders you want to follow, use the Top Traders rankings or search the network according to your preferences.
The most direct way to benefit from social trading is to copy. If you spot a particularly promising trade in the live trading feeds or in a trader’s personal profile you can quickly open the same trade by clicking on “Copy”. However, if you spot a trader who’s consistently profitable it’s much easier to use the “CopyTrader” feature to start copying their trades automatically. In fact you can even dedicate your entire account to recruiting traders to trade for you through the CopyTrader, building what we call a “social-trading” portfolio!