ForexTime Ltd (FXTM) has announced the launch of ZuluTrade; a platform that provides all ForexTime traders with the ability to follow and mirror the activities of professional and talented traders globally. Under this partnership, traders can benefit from the superior execution, support and services of ForexTime while converting the strategies of leading signal providers into live trades. The platform provides real-time trading 24 hours a day and the choice of trading automatically or manually.
Ms Olga Rybalkina, CEO of ForexTime said: “The new collaboration between ForexTime and ZuluTrade takes the headache out of trading for our clients as they no longer have to study or monitor the market constantly. This service is particularly valuable for traders who may not have a lot of time, those who are looking to explore new trading strategies or those who are simply inexperienced.”
The concept of ZuluTrade is to offer an open environment where traders globally can connect and share their knowledge. There are 70,000 talented currency traders in 192 countries worldwide whose trades can be mirrored for free, and the ZuluTrade platform is fully transparent with individual trading histories available to view and assess.
Each trader can also adjust activities to suit their desired level of risk, while ZuluTrade also provides experts with the opportunity to gain commissions when traders mirror their activities.
“Traders wanting to mirror the activities of someone with more experience have an abundance of different trading strategies to choose from and complete freedom in which trades they mirror”, said Ms Rybalkina. “ForexTime traders also have the benefit of being able to intervene in each deal so that they don’t necessarily have to invest in the maximum drawdown of the trade they are mirroring.” The ZuluTrade platform is compatible with MT4 accounts on Windows, iOS and Android devices.
