If you are new to Forex and commodity trading you may have heard that it is now possible to trade without actually ‘learning to trade’. There are several copytrading platforms that allow you to copy other trader’s trades automatically.
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Choosing traders to copy on Zulutrade and indeed any other copy trading platform is often portrayed as being a simple process. The process itself can be very simple, the key however, is choosing traders that suit your risk appetite and expectations of return on your investment. Continue reading
Ok, so now it’s time to take a look at another forex copytrading platform – Zulutrade. I’ve taken a look at eToro, and will continue to to report on my progress (P/L) with them. The reason I mention CopyTrader in practically the same breath is that they are the main competitor when it comes to copytrading, and so comparisons will inevitably arise. But, on to Zulutrade, how does the platform standup from a Forex newbie’s perspective? Continue reading
Lately I’ve noticed people searching the net asking exactly what CopyTrader is, so I thought I’d do my best to give a succinct description of the forex trading platform and what it does, providing the most relevant details to give the new user a clear picture. Here goes… Continue reading
eToro’s CopyTrader is used by thousands of its OpenBook traders, you can see that by looking at the ‘copier’ stats for individual traders listed in the OpenBook rankings. eToro are obviously doing something right, but how ‘right’ are they? What are the Forex Trading system’s strengths and weaknesses? Continue reading