Here is a partial list of the performances of some of the signals and traders that is available from the list of over a hundred. How about a return on investment of 97.57%? Check out Roy’s ROI performance of 1988% or PipForprofit’s 1968% in the high risk category!

     With performances like those shown above, all the hard work is removed for you. You no longer have to spend countless hours monitoring the market, reading charts and having to log in to place your trades. Just pick the expert that you like or have the same trading strategy as you do and Zulutrade will do the rest.

 

     A Note about the performance data:

 “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.”

     Providers are considered to be opening many lots when they open multiple trades for the same currency at the same time. ZuluTrade does not recommend or make any implications about the future performance of any of these systems.

Please read their FAQs and Disclaimers.

About ZuluTrade:

     Founded in 2006, the company is based on Wall St. NYC and has clients from all around the world. Zulutrade is available in 7 languages to enable trading by any non English investors. With a number of patents pending for the unique technologies and methods being developed internally, Zulutrade’s goal is to support a growing list of the most profitable and sophisticated signal providers.

“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.”

Chosing Signals Providers :

       Choosing which signals to use is critical to your success with ZuluTrade.  When you first look at all of the providers available to trade your account, it can be overwhelming.  I've found that using a simple checklist of things to look for can make your job quite a bit easier.  Ill share some of the things I look for here.

Choose A Winner - This may seem obvious to everyone but it goes a bit more in depth than first glance may imply.  Not only will you look at profit in both pips and actual dollars, but you should also take a look at pips per trade and how many trades that system generates per week.  If one system generates 10 pips per trade but only makes 3 trades a week you average 30 pips per week.  You may have another system that generates only 6 pips per trade but generates 25 trades per week.  With this system you make 150 pips per week.  All things to consider.

Choose A Trader That Is Established - I often see traders with only a week or 2 of history and they have 20 or 30 people trading their signals.  Generally less than a month later these traders are deep in the red and their 20 or 30 investors have moved on to the next signal.  Remember that anyone can go on a run for a week or two.  Make sure that you have someone who has proven themselves for at least a couple of months trading your account.

Check The Max Draw Down - A really big draw down often equates to a trader that cannot cut his losses.  Since he isn't trading with real money he can leave a trade open until it turns a profit.  That will often lead to a good trading record on paper but in actuality it will make you(the investor) go broke.

Look At The Actual Trades - Once you narrow it down to a few traders its time to look at their actual trading history.  Some traders have a great track record and have made a lot of money in a short amount of time.  The first thing I look for is if they are opening the same trade over and over.  ie. Some traders will go buy 1 lot of EUR/USD 25 seperate times at once.  This means that if the trade goes in their favor, all of a sudden they have 25 winning trades in a row.  It causes their results to be skewed and makes them look a lot better than they are at first glance.  If you are trading a signal provider like this you will often find yourself getting margin calls as well as he continues to open trade after trade and never closes the previous ones.

Make Your Own Decision - Just because a signal provider has hundreds of people trading his or her signal does not make them a great choice for you.  Do your own homework and decide which system is best for you.

       These are just a few things that I look for when analyzing a signal provider.  Of course you also need to practice good money management and not overtrade your account to be succesful. 

Good luck and happy