ZuluTrade is a platform that takes care of not only investors but also traders. I think it’s a complete system where both parties are taken care of well.
The concept of copy trading might seem very simple on the surface, but there are many things to think about before you engage in this type of investment method. So, when you are copying the trades of another person, do you think transparency should be an important factor? Do you think you should know about the person you are copying? How well should you know them? All of these things have been carefully thought about in relation to the platform that you are going to learn about in this ZuluTrade review.
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My reason for reviewing this platform is that it has paid great attention to transparency in designing the system. There are many aspects that prove how transparent the platform is, and you will learn about a few of those in this ZuluTrade review.
Knowing the Trader in Detail
No, you will not be copying a robot. Also, you will not be copying someone without knowing them at all. Do you know that you will be introduced to the trader you are about to copy with an introduction? Yes, they will introduce themselves to you so there is a connection to begin with. In addition to that, before you even pick a trader, you will have lists of traders available in front of you. These are not normal lists with just the names of the traders. These are interactive lists that allow you to know a lot about the traders that you can copy.
So, you can look at the list, then click on a name to know more about it. You will be able to know how much they have traded, how much money they have at stake at any given moment, and what their trading style is. With such clear disclosure of information, the chances are you won’t be making any mistakes in choosing the trader of your preference who best suits your trading strategies.
Talk to Traders and Investors
It is amazing how ZuluTrade has been able to make its platform the perfect place for investors to grow as a community. There are times when you need to focus, and you can be alone all you want. However, you also need the support of others for many reasons. For example, if you see many investors going in a particular direction with their trades, you can assume that the market requires them to be taking that step. You can then go in the same direction or decide to go different, this is totally in to you and in your control.
The good news is that when you join ZuluTrade, you are able to talk to not only traders but also investors. When it comes to traders, you can talk to them about their trading strategies. You can discuss the many trading techniques with them and learn. With investors, you can talk to them about their journey and experience, and learn from each other’s experiences. This feature makes the platform different from all the competitors out there.
Final Thoughts
I think the right platform always makes things easy and convenient for its traders. ZuluTrade is a platform that takes care of not only investors but also traders. I think it’s a complete system where both parties are taken care of well. Last but not least, the transparency of this platform is on another level and probably one of the strengths of ZuluTrade.