Zulutrade is proud to announce new features and brokers:
- Metatrader 4 (MT4 trading). If you prefer to use your MT4 client to trade with Zulutrade, now you can do it. Logon to your Zulutrade live account, click settings, type your broker's MT4 username and password and click save! You can trade anytime through the zulutrade platform, or your MT4 platform, it works in both directions.
- FXDD added as a linked broker with the zulutrade service. FXDD users can trade through their MT4 account or via Zulutrade.
- FOREX.COM (Gain capital) added as a linked broker with the zulutrade service. FOREX.COM users can trade through their MT4 account or via Zulutrade.
- AVAFX added as a linked broker with the zulutrade service as well.
Zulutrade is adding more brokers and exciting new features as we speak... Stay tuned for a gorgeous new feature, coming very soon!
Wednesday, February 25, 2009
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6 comments:
hello
I need to warn you all about something dangerous
this zulutrade has some kind of glitch, I'll explain. I have only two signal providers High rollers and Never Lose$. I set each of them to open ONLY 1 Lot at time each, never more.
well, what´s my surprise when I woke up this moring and saw 3 lots opened!!! All of them by Never Lose$. I immediatly search for help with the support on zulutrader website, but those bastards don't know anything as usual. Now I'm in HUGE loss because zulutrade is not reliable, it didn't do what it was clearly told to, open ONE lot, and that's it.
Also, High rollers had several trades 26/02, but no trade was made on my account...so I have to ask....WTF is going on??? Anyone else ever had this kind of problem?
this is ridiculous man...
Hello!
I had experienced such thing at zulu, with fxdd broker. They opened 5 positions, along with a limit of 1 open trade. Fortunatelly the price moved good direction, but I could have had a big drawdown, if I have had no luck.
Support said that the broker refused the trades, thats why they opened it again and again, but I think they simply screwd up something, and tried to explain it away.
Balazs
Sorry to hear about your losses.
Tried to warn you about Never Lose$ (4X Finance, 4X World, FxMarkets, GBP$, GBP/JPY Club, JackPot, PipGenerator, Pound Cake, Scalpers Group, Club4x). They will put on 4 or 5 positions, let them run to a large loss, then just wait for it to come back.
As to the trade execution issues, once your account was stuffed with bad positions, there was no room for the good positions.
ZuluTrade had some type of glitch this week - take a look at my blog.
This is a risk of Zulutrade, their system could screw up, and loose you money, and Zulutrade has no obligation to reimburse you.
You can avoid this risk somewhat by avoiding providers that produce a whole series of trades in a short time.
Hopefully your capital has not been wiped out. If not, keep the dream because you can make it back with the right provider selections.
http:/zulumon.blogspot.com
read my chat with the Zulutrade support here:
Chat InformationPlease wait for a site operator to respond.
Chat InformationYou are now chatting with 'yong'
yong: hello
你: hi i got a question
yong: how may I help you?
yong: yes tell me please
你: how is it that your brokers work with you knowing that you are getting top traders to trader against them?
你: *trade against
yong: sorry, sir. I don't understand your question very well. Do you mean that how do we select the providers to trade for our users?
yong: I mean our signal providers
你: from business logic, how is it making sense that your brokers give you rebates for your top signal providers to trade against brokers?
yong: we share the spreads with our brokers,and the signal providers get their brokerage from us, not from the brokers
你: suppose your signal all works, doesn't that make the brokers loses money?
yong: we offer this revolutionary service for the forex trades who don't have enough time to trade and want to make profit easily
你: suppose your signal all works, doesn't that make the brokers loses money?
yong: you can check the effectiveness of our signal providers in the performance page, also we list the best and worst signal provider's performance in our homepage. The signal provider's performance never influence our brokers profit
你: The signal provider's performance never influence our brokers profit? explain please?
yong: when you start to use our service, you can see the disclaimer
你: i dont want to see disclaimer, i want to know what do u mean by The signal provider's performance never influence our brokers profit? explain please?
yong: https://www.zulutrade.com/SignUp_SignalProvider.aspx
yong: here you can register as a signal provider
你: u have cleverly avoid the crux of the matter
yong: all the providers are registered under our web site, not with brokers
你: your signal provider wins is your brokers' lost, agree?
yong: this is our service that you can choose the providers who you think is suitable for you to trade for you
yong: no, it is nothing with our brokers
你: who where does the winning comes from if not from the broker since all of them are MM
你: So where does the winning comes from if not from the broker since all of them are MM
yong: for each your trades to be done, you have to give brokerage according to the contract you have signed, right?
yong: and we share the spreads with our brokers
yong: we offer this service, and it is totally free
你: do u agree if all zulutrader win money, the brokers loses money? yes/no?
yong: if the broker loose, we loose; if they make profit, we will share from them as an IB
你: hahaha u avoid answering a simple question again
你: defination of winning comes from spread and capital winning
yong: and the brokers will not loose money from a negative trade
你: i refer to capital winning, not spread
你: how can they share spread with you if you help traders trade against them???
yong: the broker is winning from spread, not from capital
你: dont bluff me, everyone knows FXCM, FXDD, etc are MM and not ECN
你: experience traders know if u trade with MM, you trade against them, need me to say more?
yong: what is the meaning of MM and ECN?
你: MM is market maker, ECN is true broker
yong: sir, I am not a trader, I am just a support agency
yong: hope you can understand my situation
你: i know u are doing your job, but i suspect this is a misrepresentation and conflict of interest
I love your blog and I have used your experiences to help me set up my new live account. I will keep an eye on the blog and I have started my own to share my results.
http://zulutrade-ryrat.blogspot.com/
Thanks!!!
ilearn so much being her thank you all.
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