Zulu Social Trading

Written by Miro Nikolov

Miro Nikolov

Miro Nikolov is the co-founder of TradingPedia.com and BestBrokers.com. His mission is to help people make profitable investments by giving them access to educational resources and analytics tools.

, | Updated: September 15, 2025

Here we’ll talk about some more advanced tips on ZuluTrade. ZuluTrade is another great social trading network where you can trade Forex, stocks and commodities by following other traders. Keep in mind that ZuluTrade is a platform better suited to people with at least some trading experience. This doesn’t mean you can’t learn if ZuluTrade is your first platform, but it would be far more beneficial to start elsewhere.

Advanced tips

The traders you will be following in ZuluTrade are called ‘signal providers’. As with any other platform, take your time and select them carefully. Always examine their history and choose providers with plenty of experience and a consistent performance graph that demonstrates success. If you do not, you might be fooled into following a signal provider who is not as good as he seems. Don’t always trust the rankings; the fact that someone is featured there is not proof that they are skilled.

Of course, once you think a provider is worth the investment, you should test them using the demo account available on the platform. This is always a good idea, whether you wish to test a trader or try a new strategy. Using the demo account before risking your own funds is your safest bet.

New providers

Sometimes new rising stars appear on the horizon. It is not a good idea to follow these rising stars; instead, place more trust in experienced traders. There is no guarantee that a trader with years of experience will be good, but new traders have not yet been tested. How would you feel if you realised that the person you decided to follow was simply enjoying what we call ‘beginner’s luck’? Suddenly you are following someone who has no real understanding of trading but got lucky in a series of trades (this happens more often than you might think, but it is definitely not worth it in the long run). Always be cautious of new providers. It is much better to follow someone who has been tested numerous times than someone who may or may not have been lucky in a few trades.

There is also a chance that ZuluTrade will recommend a trader to you via email. Be cautious with these traders. In some cases they are new, or they have employed a new strategy that has boosted their results. Whatever the case, many people decide to follow them. This is not necessarily bad, but you still need to be careful. Every trader receives a commission for their followers.

Risk-O-Meter

Like other platforms, ZuluTrade has a risk-measuring tool. The Risk-O-Meter allows you to manage risk via a simple slider. Keep the meter well below 100%. If you’re in doubt, start with around 10%. This way, you will risk far less when you follow a trader.

Reduce the risks

In the risk management section we explained that it’s a bad idea to follow too many traders at once, and this is especially true on ZuluTrade. You will have to invest more time if you want to find good providers. The search system on ZuluTrade is not the greatest, although it gets the job done. This does not mean you have to browse through every individual trader, but make sure you do not follow too many at once. You shouldn’t rely on more than two or three at a time. Bet on quality, not quantity. One good provider can make you more money than five bad providers. In fact, the reverse is also true: five bad providers can erode a huge portion of your equity before you know it. Mitigate this risk by not following too many at a time.

Be reasonable

When you use ZuluTrade, you might be left with the impression that it is easy to make money and that you will not have to do much – just sit and wait. We’ve done everything in our power so far to disprove that, yet we think there might still be optimists among you who believe trading will be a walk in the park. You need to build realistic expectations. You can’t think that you will triple your capital in a week. If you do, you will take huge risks and will probably lose everything just as quickly.

If you’re totally new

If you’re completely new to this sort of thing, you should consider choosing another platform. ZuluTrade isn’t the most user-friendly platform you can find, and it can be quite confusing if you’ve never traded before. Our recommendation for newcomers is eToro.