ZuluTrade Investors' Guide/Manual

1. REGISTER FOR A FREE ACCOUNT

i. Registering for a Demo account with ZuluTrade

The best way to get to know what ZuluTrade is all about is via a Demo account. ZuluTrade offers free Demo accounts with exactly the same functionality as Real accounts. This means that you can try out ZuluTrade risk-free and experiment with different Traders / Traders' Combos and settings, so as to find the exact combinations that best tailor your needs before investing any real funds!

• Demo is designed to provide the same experience as your Real account, irrespective to your selected Broker
• Fully customizable account properties - select the account type, base currency, leverage and balance you wish.
• Rates accurately represent the market at all times
• Comprehensive Stop Out level at 100%

In order to register for a Demo account, please click here.

ii. Registering for a Real account with ZuluTrade

In order to open a Real account with our revolutionary trading platform, please visit our website and click on the Register button. From there you will be prompted to open a Demo or a Real account; please select the Create a new Real account option. You will then be prompted to choose your account type (Classic or Profit Sharing) and select one of our supported brokerage firms.

After you have selected a Broker, you will be asked to indicate if you already have an account with them or if you wish to open a new account now. Depending on each case, you will be redirected to the Broker’s website and given instructions on how to proceed and fill in the requested information accordingly.

In case that you already have an active broker account and provided that everything is submitted correctly and filled out properly, the setup process generally takes about 20 minutes for Profit Sharing Accounts and few hours for classic accounts. If you don't have an active account at the broker, your account will be active at ZuluTrade 24 to 48 hours after your broker receives your deposit and LOD (note: LOD is only required for classic accounts). We will send you the login details for your ZuluTrade account immediately after your account is fully setup and funded through your Broker. If you haven’t received your ZuluTrade account login details within the specified timeframe, please contact your Broker directly to ensure that your application is complete and that all the required documents and funds have been received and approved.

Please note that parameters such as minimum deposit for account opening, account trading size, leverage, base currency etc. are entirely broker-related and as such it is only the Broker of your interest that can clarify them for you. For any further information about our collaborating brokers, please feel free to contact our Sales department.

Please note that with most of our supported brokerage firms you can open an account from as little as $300. To maintain your account connected with ZuluTrade after activation, you must have a balance of $100. For further details on account funding please do not hesitate to contact our Sales department.

iii. Real Account Types: Classic vs Profit Sharing

With Classic Accounts, you may perform both, manual and copy-trading. You will need to connect your Broker trading platform (ZTP, MT4 or MT5) with ZuluTrade in order to start trading. This account type is recommended for Advanced users.

In addition to creating a Traders’ portfolio, you will need to customize your portfolio settings (simple and advanced). You may manage your account, update your trading signals, close trades, lock a Trader or your trades and have access to advanced features.

On the other hand, Profit sharing accounts are destined to copy-trading through ZuluTrade Platform. This account type is recommended for any user, novice or advanced, since you may start trading by selecting the Traders or Traders' Combos + you wish to follow and by setting your capital protection amount. Easy and simple way to trade without any experience required.

In the case you hold a Zulutrade “Profit Sharing Account”, you will be charged a monthly fixed Subscription Fee of $30 to the payment method of his/her preference. Monthly Subscription Fees are charged at the start of the calendar month and are calculated on a pro-rata basis. With Profit Sharing accounts you are aligned with your Traders, they are paid off for the profits they generate in your account while you trade with discounted commissions. On the first calendar day of each month, your PnL resulting from open and closed positions will be calculated for each Trader you have followed. Every time you have a profitable monthly PnL from a Trader, you will be charged a 25% Performance Fee. This Fee will only apply for the amount above High Water Mark (“HWM”). HWM is the maximum profit made by the Trader and it is calculated on the 1st calendar day of each month since you added the Trader to your portfolio. In case of negative monthly PnL from the Trader and/or in case of “recovering losses period” (profitable monthly PnL below HWM), no fee will apply to your account. To sum up,

Performance Fee will apply only

• in case of profitable monthly PnL exceeding HWM

Performance Fee will not apply

• in case of profitable monthly PnL below HWM – Recovering Losses Period
• in case of negative monthly PnL

You can review the Performance Fee on the History tab of your account.

2. My Account

You can login to your account by entering your ZuluTrade Username or your ZuluTrade registered email address, together with your ZuluTrade password here. Alternatively you may login using your Google Account.

When you are at My Account, the following information is always displayed next to your Profile photo: Name, Account Type (Real/Demo), Broker logo, Account number and Equity.

On the left you will find a table displaying your current Equity and other statistical information about your account.

In case you have more than one account registered with the same e-mail address, you can easily navigate between your accounts from the toggle bar where your account number is mentioned, without the need to logout/login constantly.

i. Connecting your ZuluTrade account with your Broker account

If your Broker account is compatible with the MetaTrader 4 (MT4) platform, you can confirm whether your account is properly linked with your broker when you first log into your ZuluTrade account.

If your Broker account is not compatible with the MetaTrader 4 (MT4) platform but with another platform (e.g. Trading Station, AVA Trader, etc.), then your account is automatically connected upon activation.

For MT4 compatible accounts, you may confirm whether your account is properly linked with your Broker by checking your ‘Settings’ tab. Scroll below to ‘Broker Account Settings’ section and check your account connection status:

If your Account Status is ‘Connected to Broker’, it means that your Broker Account has been automatically connected to your ZuluTrade account, so you are ready to start trading via ZuluTrade.

If your Account Status is ‘Disconnected’, you need to take action to connect your ZuluTrade account to your Broker account. In order to do so you need to input your Broker Account Username (numbers only) together with your Broker Account Password (MT4) and click on Connect Broker Account. After a few seconds you should get a message saying "Congratulations! You are now connected to your broker account."

Your Account Status should now be Connected to Broker.

If for any reason your account fails to connect, please make sure you are using the correct MT4 Master password. If the process still fails although you are using the correct password, then do not hesitate to Contact Us.

Please note that the required password is the MT4 Master password, and not the Read-Only (Investor) password. If you provide the Read-Only (Investor) password, although your ZuluTrade account will be connected to your Broker account, you will not be able to receive any signals as it will be set to read-only mode.

If you do not have the Broker Account Username and Broker Account Password available, then please contact your Broker as they can remind/reset them for you – unfortunately, ZuluTrade does not have access to this information and thus cannot provide it.

Note: Please remember that if you ever change your Broker Password, connectivity with your ZuluTrade account will be lost, so you will need to repeat this process, and re-connect your Broker account to ZuluTrade using the updated Broker Password.

ii. Setting up your Portfolio

3. PROFILE Tab

By clicking on your Name, you will be transferred to your Account tab. From there you can manage your Personal details, your Public Profile, your Password and set up ZuluTrade’s notifications.

Personal Details

From here you may update your personal details, like name, country and phone number. Please note that it is not possible to update your e-mail address from this tab, but we can change it for you with a simple e-mail request to: support@zulutrade.com.

In order to ensure smooth connectivity please note that your e-mail address at ZuluTrade should be the same as in your broker.

Remember to click on Save Settings in order for any changes to be saved. In this case you will get the message ‘Your personal details have been saved successfully’

Password

You can also change your password for logging into your ZuluTrade account – in order to do that you will need your Current Password. If you have forgotten your Current Password, you can always reset it by clicking on the Forgot Password.

Notifications

Here you can change your preferences for different notifications that ZuluTrade may send you.

Investors' Guide

This link will redirect you to the current Investors' Guide in order to clarify any doubts you may have.

4. TRADE Tab

Here you can place manual trades as you see fit. The rates displayed are received directly from your broker, so it is the same as if you were trading from your broker platform. You will notice one box per currency pair with the sell and buy price, and also a display of the spread in pips in the middle.

When the market is open, rates will be constantly highlighted alternating between green and red, indicating whether market tendencies are currently up or downwards for this pair. You can re-arrange the pairs by dragging them over, remove them by pressing the X icon, or highlight them by pressing the yellow bulb icon. Please note that all available currency pairs may not be displayed; you can add new pairs by checking the ‘Select Symbols’ box and then selecting on the currency pair of your choice. Please note that after you have added currency pairs as mentioned above, all the changes made to this table will be saved and retrieved when you log back in the next time. In case you would like to view all available currency pairs displayed in a list, you can select the ‘Simple’ view.

If you wish to place a manual trade, simply click on either Buy or Sell for the pair you wish to trade with; a popup window will then appear. This window will consist of the current market price and ZuluTrade’s default limit and stop setting at 500 pips. You may change the current market price by deselecting the ‘Market’ box, thus enabling you to place a different market price, which in turn will create a pending order. You may also amend the default Stop and Limit, and it is possible to set a Trailing Stop as well. Please note that if you select the Trailing Stop option, the Stop will start trailing immediately as soon as the trade is opened. For example, a BUY EUR/USD trade is set with -30 pips Trailing Stop and opened at 1.383. The trade is opened with a Stop of -30 pips (at 1.380), and if it starts winning even by one pip, the Trailing Stop will be updated accordingly. So when the trade reaches a High of 5 pips (rate 1.3835) , the Stop will be updated 30 pips away from this new rate, at 1.3805 (-25 pips away from the trade's opening price). After a Trailing Stop is set, it is updated automatically as described above without the need to remain logged in the account. Once you have entered the information you wish, simply click on OK and the trade will appear either in your open positions or pending orders accordingly.

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5. POSITIONS Tab

This is where executed signals that Traders place in your account will show up. Here you can see what your current earnings or losses are at the moment for each trade, together with a summary of all trades.

By default your positions will appear grouped by Trader, so that you can easily see the total profit of all positions by a specific Trader. However you may also opt to view your positions ungrouped by selecting ‘Details’ or grouped per currency pair and see the PnL for the specific currency pair by selecting ‘Summary’ – this option may prove to be especially useful for monitoring hedged positions.

By default the system will reproduce Sounds in order to alarm you for opening and closing positions, but you may turn them off from the relevant button ‘Sound: On/Off’.

Updating Trades (Applicable only to classic accounts)

For each trade that is open under your open positions tab, you can change certain of its settings. By clicking on the current ‘Stop’ value of the trade, you will bring up a popup window where you can amend the current Stop value. Please note that by doing so, you will overwrite any Stop value previously set by the Trader or by yourself on the Trader settings. Please note that the amount you enter is at market rate. Similarly you can adjust the ‘Limit’ value for the trade. Please note that after you have updated the Stop or Limit, any subsequent Stop or Limit updates will be received normally at your account according to your settings.

To the far right of the trade you will see a selection titled close ‘X’. By selecting this for each individual trade, you will then be prompted to a confirmation window, where you can either confirm or cancel your Close request. Upon confirmation the trade will close and should no longer appear in your Positions tab. Take into consideration that sometimes there may be a brief delay of a few seconds between closing the trades and displaying that on your Positions tab; if you notice a delay, please try using the Refresh option. You may also close down all trades from each Trader by clicking on the ‘Close All’ button on the far right of each Trader.

Apart from closing each individual trade or all trades of a Trader, you are also given the option to close all currently open positions with a single click from the relevant button bar ‘Close all Open Positions’. At this page you are also given the option to take a fast glance at the trades that are currently open at your Traders without having to search on their pages. You may simply select the Trader’s name from the toggle bar under ‘Show Current Trader Trades’. Trades that will appear at a brown background are also open in your account; in this way you can easily compare whether you and your Traders have the same trades open, and monitor whether you have missed any trade, or if any trade has closed out prematurely in your account or stayed open in your account despite having been closed at your Trader’s account.

Note: Profit Sharing accounts are not allowed to make updates on the trades received by Traders. They can only close all the positions received by a Trader or close all the positions of all their Traders.

Lock trade (Applicable only to classic accounts)

This function enables you to take full control of a trade opened at your account from a Trader. By clicking on the relevant open-lock icon the trade gets locked – this means that no further updates (Stop/Limit/Close etc) executed by the Trader regarding this trade will be broadcast at your account. As a result this trade will now only be closed if the set Stop/Limit is reached or if you do so manually. Once the trade is locked, the icon will change to a secured lock icon

You can unlock a locked trade at any given time. This feature is not available for Profit Sharing accounts.

Trade Details

If you click on the Date Opened of each trade under your Positions tab, this will bring up a pop-up window with additional information on the course of the trade, including all updates, highest profit, worst drawdown, a graphical representation etc. Here you can also find the Trader Ticket and Broker Ticket, which are essential IDs if you wish to contact ZuluTrade over specific trades.

6. HISTORY Tab

Here you will find your full trading history, with all the trades that have opened and closed in your account. By default the system will display this information for the last day, but you may select any timeframe you wish since your account opened until the present day.

Together with all detailed information, you will also have graphic representations to display your profit in your base currency, in Pips as well as Monthly profit.

All your trades will be listed in full detail, such as the name of the Trader who opened them, trade type (BUY or SELL), currency pair, lot size and number of lots, Date Open, Date Closed, Opening and Closing Price, High and Low of each trade (the highest and lowest point reached by the trade before closing), Profit, and the Total Accumulative Profit adding all trades in the above chosen timeframe. The trades are listed by Date Closed, but you may click on the title of any column in order to re-arrange the data by any other criterion you prefer.

To the far left of every trade you will notice an information sign (i); by hovering over with your mouse, the following trade details will pop up: Trader and Broker Ticket (essential IDs for contacting ZuluTrade about the specific trade), Net and Gross PnL, Interest and Commission. You can also click on this icon to generate a pop-up window showing you a graph with the High and Low points reached by this trade, whether the trade was opened at market price or if it was a pending order, etc.

You are also given the option to download your full account History in an Excel file by clicking on ‘Export to Excel’.

Trade History Log Tab

In this tab all System Messages and Notifications are accessible. So if for example, you notice that a Trader you are following has opened a trade but it was not received in your account, you can have a look here and see if there is a relevant error message that will clarify why the trade did not open at your account. The same information for the Pending Orders can be found on the tab Cancelled Orders Log.

7. INVITE Tab

From this tab you can invite other users to the ZuluTrade platform and earn commissions based on their trades. Here you are given an e-mail template that may be easily sent by providing your contacts’ e-mail addresses, as well as direct links to popular social media websites so that you may easily invite your contacts. As per our Affiliates' Program, you will be receiving commissions from any live account registering via your link. For more details, please look at our Affiliates Program Guide.

8. SETTINGS Tab

Here you can view and modify your portfolio and your overall account settings

EU residents

Certain aspects of ZuluTrade services are different for clients trading in accordance to EU legislation (EU residents or holders of Brokers collaborating with ZuluTrade EU). Please see here for details.

Max Open Lots:

The total number of lots the Trader can open in your account at the same time, from all trades and orders.

Example: Let’s assume you have a Trader in your portfolio, and you have set to receive up to 3 trades of 1 mini lot each; ‘(Mini) Lots’ set to 1 and ‘Max Open Trades’ set to 3. If you enter 3 in ‘Max Open Lots’, you may receive indeed up to 3 trades x 1 mini lot each. The same if you set Max Open Lots to ‘No Limit’. However if you set ‘Max Open Lots’ to 2, since your ‘(Mini) Lots’ setting is set to 1, even though your ‘Max Open Trades’ may be set to 3 you will not receive more than 2 trades from this Trader.

Thus in case you would like to receive exactly as many trades from this Trader as per your ‘Max Open Trades’ and as many lots as those set in ‘(Mini) Lots’, you need to set ‘Max Open Lots’ to ‘No Limit’.

Max Open Trades/Currency:

The maximum number of trades you want to receive on a specific currency (both BUY and SELL) from this Trader at the same time.

Example: If you set this to 1, if the Trader opens a EUR/USD trade and then opens another EUR/USD one, you will not receive it even if your other settings do allow it.

Limit:

Here you can enter the maximum number of pips per lot you would like the trade to earn before it is closed to lock the profit. To avoid Broker rejection of the calculated Limit value, it is advisable that you enter 15 pips or more (especially for exotic currencies). If you enter any value in this field, you will not receive any Limit signals from the Trader (unless the ‘Safe Limit’ option is selected). Please note that any change made in this setting will only be applied to future trades and on update signals of currently open trades.

Safe Limit:

By checking this option, your account will receive Limit signals and updates from the Trader only if their value is lower than your own custom Limit. If you do not check it, your own custom setting will always take precedence over the Trader’s limit setting and actually overwrite it.

Example: If you have your own custom limit at 40 pips and you have checked Safe, if your Trader sets a lower limit, e.g. 25 pips then you will receive it. If he sets a higher one, e.g. 50 pips then you will not. If you have not checked Safe, your custom limit or 40 pips will always prevail over any update sent by the Trader.

Stop:

Here you can enter the maximum number of pips per lot you allow the trade to lose before it is closed to prevent further loss. To avoid Broker rejection of the calculated Stop value, it is advisable that you enter 15 pips or more (especially for exotic currencies). If you enter any value in this field, you will not receive any Stop signals from the Trader (unless the ‘Safe Stop’ option is selected). Please note that any change made in this setting will only be applied to future trades and on update signals of currently open trades.

Trailing Stop:

By checking this option, you can set a custom Trailing Stop for the trades opened by the specific Trader. Please note that if you select the Trailing Stop option, the Stop will start trailing immediately as soon as the trade is opened. For example, a BUY EUR/USD trade is set with -30 pips Trailing Stop and opened at 1.383. The trade is opened with a Stop of -30 pips (at 1.380), and if it starts winning even by one pip, the Trailing Stop will be updated accordingly. So when the trade reaches a High of 5 pips (rate 1.3835) , the Stop will be updated 30 pips away from this new rate, at 1.3805 (-25 pips away from the trade's opening price). After a Trailing Stop is set, it is updated automatically as described above without the need to remain logged in the account.

Conditional Stop:

Conditional Stop may be selected when enabling Trailing Stop. Unlike the ordinary Trailing Stop, Conditional Stop will start trailing immediately as soon as the trade reaches a predefined profit in pips.

For example, a BUY EUR/USD trade is set with -30 pips Trailing Stop and 20 pips profit. The trade was opened at 1.383. In this example, the conditional Stop will be triggered only if the trade reaches a high of 20 pips (1.385) and will be updated based on the Trailing Stop pips you have set up (-30 pips). After a Conditional Stop is triggered, it is updated automatically as described above without the need to remain logged in the account.

Note: To maximize the protection of your account, Fixed Stop may be used additionally to the Trailing one, only when Conditional Stop is selected. This way you can be protected with the fixed if the trade is losing and switch to trailing only when profit is reached.

Safe Stop:

By checking this option, your account will receive Stop signals and updates (static or trailing) from the Trader only if their value is lower than your own custom Stop (static or trailing). If you do not check it, your own custom setting will always take precedence over the Trader’s stop setting and actually overwrite it.

Example: If you have your own custom stop at 40 pips and you have checked Safe, if your Trader sets a lower stop, e.g. 25 pips then you will receive it. If he sets a higher one, e.g. 50 pips then you will not. If you have not checked Safe, your custom stop or 40 pips will always prevail over any update sent by the Trader.

Offset Pips:

Offset Pips enables you to open trades at a different rate than the Trader, by opening their trades in your account as pending orders with an offset entry rate.

Market Orders: For every Market Order executed by your Trader, you will receive a pending order with the entry rate of the market rate price as placed by the Trader, minus or plus the offset value you have set in pips. If the Trader closes down the trade before your pending order is opened at market, the pending order will be cancelled. All other attributes of the trade (Stop/Limit updates, closing signal etc) will be broadcast to your account normally.

Pending Orders: Pending orders placed by the Trader will not be received in your account but only upon their entry execution. You will then receive a pending order in your account with the entry rate as defined by the Trader minus or plus your defined offset value in pips, as with the Market Orders above.

The possible values in the Offset Pips setting can be either negative, or positive:

Negative Offset value (opens trade after a certain drawdown)

Example: If the Trader opens a BUY EUR/USD trade at rate 1.3000, and you have an offset of -20 pips, a pending order will be opened in your account with entry rate of 1.2980. So once this rate is reached at your Broker account, the pending order will be opened at market. This way, you will have saved the initial drawdown of 20pips made by the Trader - so if this trade ends up with a profit of 10 pips for the Trader, it will have a profit of 30 pips at your account!

Positive Offset value (opens trade after a certain profit)

Example: If the Trader opens a BUY EUR/USD trade in rate 1.3000, and you have an offset of 20 pips, a pending order will be placed in your account with entry rate of 1.3020. So once this rate is reached at your Broker account, the pending order will be opened at market. This means that you will have missed the initial profit of 20 pips made by the Trader - so if this trade ends up with a profit of 30 pips for the Trader, it will result in a profit of only 10 pips in your account. However, if the trade started and remained negative without ever going to profit, you would be able to fully avoid it by placing a positive Offset value.

To avoid broker rejection of the calculated Entry Rate value, please enter a value of 5 pips or more.

Pip Spacing:

With Pip spacing you can limit the amount of trades opened in your account by a Trader on a given currency pair and on the nearly-the-same price only by specifying your entry rate range value in pips! All incoming market or pending orders of the same currency pair and irrespective to their direction (buy or sell) from the Trader that will be less than the specified range value (X pips) away above or below (+X /-X) from an already opened market position of the Trader, will be rejected.

Market Orders: if the current market price of a new trade is closer than X pips to an existing received position for this Trader for a given currency pair, then this trade will be rejected.

Pending orders: if the entry price of the incoming order is closer than X pips to an existing received position for this Trader for a given currency pair, then again, this trade will be rejected.

Example: You wish the opening rates of all EUR/USD trades of a specific Trader to have a minimum of 10 pips difference. Then you set 10 as your Pip Spacing value on the Advanced Settings per currency section.

Trader opens a SELL EUR/USD trade, with a rate of 1.3100. Any new trade has to be at least 10 pips away (+/-10 pips) to be executed. All others trades with an entry rate of less than 10 pips away will be rejected.

Trader opens a second SELL EUR/USD trade, the rate is now 1.3105 (+5 pips difference). The trade will be rejected on user's account.

Trader opens a third SELL EUR/USD trade, the rate is now 1.3095 (-5 pips difference). Again, the trade will be rejected as the entry rate is closer than the pip spacing value of 10 pips from the first trade received.

Now the Trader opens a BUY EUR/USD trade. The rate is 1.3115 (+15 pips difference from the entry rate of the first trade of this currency pair).Trade will be received as it exceeds the predefined pip spacing value.

Configure Currencies:

By clicking at the Pencil icon, you can set different advanced settings per currency pair for the specific Trader. Specifically for every currency pair you can set the trade type (Any, Buy Only, Sell Only), Lots per trade, Max Trades, Max Lots, Reverse, Limit and Stop. If you Configure Currencies for a Trader, the pencil icon will be highlighted so as to indicate that the settings for each currency pair are not the same across this Trader but they actually vary for at least one currency pair.

Example: If you have added a Trader that is generally good but not as good in a specific currency pair such as GBP/USD, you may set the Lots setting to 0 only for this currency. As a result, you will receive any trades he opens except for the GBP/USD, which will be blocked by your settings.

Reverse (Applicable only to Global users):

This function enables you to reverse the direction of the signals sent from this Trader; SELL trades will be executed as BUY, Stop will become Limit, and vice versa. This mode is aimed to be used with rather unsuccessful Traders, aiming towards profits from reversing their bad trading skills.

Example: If a Trader you have set to Reverse opens a BUY USD/AUD trade, then a SELL USD/AUD will be opened in your account. If he has set a 25 pips stop, then your trade will receive a 25 pips limit, and if he has set a 50 pips limit your trade will receive a 50 pips stop.

Reverse feature is available on the Custom Settings per Currency, by clicking on the pencil icon.

ii. Add a Trader

By pressing this you will be redirected to our Traders Page; here you will see our vast selection of Traders. You may select any Trader at any time to auto trade your account; there is no limit set from our side to how many Traders you will use - this depends entirely on the potential of your account. Please find the Trader(s) you wish to add to your portfolio and click on the icon of the Trader.

Once you select the Trader you wish to add to your portfolio, you will have to specify the number of lots per trade and the maximum number of trades you wish the particular Trader to open in your account. You can also opt to enable ZuluGuard™ for this Trader. You can of course change these settings anytime from your account.

You may also opt to include some or all trades the Trader has currently open at his account.

iii. Save Trader Settings

This button is used to save any changes you may make at your Trader Portfolio. Once you click on it, you should get a message to inform you that ‘Your Trader settings have been saved successfully.’

Please make sure you click on this box after amending your Settings, as if you navigate outside the webpage before clicking on it, any changes you may have made will not be saved.

iv. Turn On/Off Trader(s)

On the left of each Trader there is a bullet checkbox – if you wish to Enable/Disable a Trader from your portfolio you need to first click on the bullet checkbox to select the Trader and then click on the Turn on/off button. If the Trader was enabled, pressing the button will disable him; this will be indicated by highlighting the Trader in Red. Accordingly, if the Trader was disabled, pressing the button will enable him, removing the Red highlight. You can re-enable a disabled Trader and vice-versa at any given time.

After a Trader has been disabled, he will not be able to open any new trades in your account. However, any remaining open trades or pending orders that the Trader has placed in your account will remain there; you will still receive a Close Signal if the Trader broadcasts one for these already Open Trades/Orders, as well as Stop/Limit update Signals, so as to safeguard and protect your trades from remaining exposed. You can of course close down open trades manually any time you wish.

v. Remove Trader

On the left of each Trader there is a bullet checkbox – if you wish to Remove a Trader from your portfolio you need to first click on the bullet checkbox to select the Trader and then click on the Remove Trader button. This will remove the Trader you have selected from your portfolio. Of course, you can add this Trader again to your portfolio at any given time.

After a Trader has been removed, he will not be able to open any new trades in your account. However, any remaining open trades or pending orders that the Trader has placed in your account will remain there; you will still receive a Close Signal if the Trader broadcasts one for these already Open Trades/Orders, so as to safeguard and protect your trades from remaining exposed. You will not however receive any Stop/Limit update Signals for these Trades/Orders. You can of course close down open trades manually anytime you wish.

vi. Remove Combo

vii. UserLists

With UserLists, you can keep track of the ever-growing Performance page and find the right Traders for you. You can filter out the Traders that interest you and group them based on key attributes like performance, profitability and potential, share your lists and preferences to fellow Users and go through all public lists and get information that will help you build your portfolio of Traders.

viii. Reset Changes

This button is to be used if you wish to undo the latest changes you made to your Trader Portfolio, and revert back to your last saved settings.

ix. Simulate

This powerful tool allows you to test your Traders’ performance against different settings in your account. It basically calculates the potential profit your account could have with trades of specific Traders, executed under different parameters.

First you need to select the parameters under which your account would be trading; starting balance, leverage and base currency. By default the system will provide your current account balance, leverage and base currency, but you may change them. You can also set the timeframe (3m, 6m, 1y, 2y) you would want the Simulate to generate results for. The system will provide your currently set value for the Max Open Lots setting, but you may also change it or set it to ‘No Limit’. After configuring all the parameters, you simply need to click on ‘Start Simulation’ and the system will generate the detailed results: Ending Balance, Number of Trade signals received, Number of Trades closed by Stop hit, Profit (ROI), Number of Trades opened/closed, Number of Trades closed by Limit, together with a graph. All results as well as the graph can be also seen individually per Trader.

This tool also enables you to Simulate your current Traders by configuring different settings per Trader, or choose specific Traders from the ones you currently have at your account, or even Simulate different Traders apart from the ones you currently have at your portfolio. This will safely allow you to experiment with several different Traders as well as settings until you find what’s right for your account and risk appetite, without risking any real funds.

Please note that any changes you make in your settings or any Traders you may add for the Simulation will NOT affect your account Portfolio.

x. Automator

The Automator to be your personal assistant: it can watch and notify you when things happen or automatically execute any action you would otherwise do yourself.

So, using the “if I could do this when that happens” logic, you can create and execute your own automated rules.

A few typical examples are:

• if PnL from Trader X is less than $1,000 then send me a notification email and lock all trades
• if realized PnL of my account is more than $1,000 then close all profitable trades
• if number of open trades by any Trader is greater than 50 then stop receiving new trades from Traders.

The possibilities are endless, and you can create the rules to match your own trading needs!

9. ACCOUNT SETTINGS

i. Receive Trades (Disable/Enable Account)

When your account is enabled and thus receiving trades, you will see the indication ‘Your account is enabled and receiving all signals’.

By clicking this button you can disable your ZuluTrade account, so that you will receive no more trades from any Trader. In this case you will see the indication ‘Your account is disabled and not receiving new or update signals; close signals will be received.’ You may re-enable it at any time by pressing the same button.

Please note that if you disable your account, any remaining open trades or pending orders will remain in your account; you will still receive a Close Signal if your Traders broadcast one for these Trades/Orders, so as to safeguard and protect your trades from remaining exposed. You will not however receive any Stop/Limit update Signals for these Trades/Orders. You can of course close down open trades manually anytime you wish.

ii. Maximum Open Lots

This setting refers to the total number of lots that can be opened, including any pending positions at any one time in your account. This is a fill-in box and acceptable values rate from 1 to 99 for standard lot accounts (respectively for mini and micro lots).

Please note that this setting refers to the whole account and thus has priority over the number of ‘Max Open Lots’ for each Trader. If you wish to receive as many lots as dictated by your settings for each Trader, you may set Maximum Open Lots to ‘No Limit’.

Example: Let’s assume you have 2 Traders in your portfolio, Trader X and Trader Z, and you have set the Lots setting for each one to 1, the Max Open Trades to ‘No Limit’ and the Max Open Lots for each also to ‘No Limit’. In theory with these settings you should receive all trades your Traders will send you, and the size of each one will be 1 lot. However, let’s assume that you also have your Maximum Open Lots set to 5. Trader X has 2 trades open, and 1 pending order, thus totaling 3 lots. Trader Z has 2 trades open thus totaling 5 lots altogether for both Traders, equaling your Maximum Open Lots setting of 5. As a result, no more trades can be executed in your account or placed under your pending orders tab, so any trades/orders placed by either Trader will not be executed, until one of the already open trades or pending orders is closed. Similarly, you will not be able to open any manual trades either because your Maximum Open Lots does not allow you to. So if you notice under a Trader’s trade history at the Traders page that one of your selected Traders has opened a trade, but that trade never hit your account, this may be because it would have exceeded your Maximum Open Lots setting. In this case you will also get an error message like this in your Trade History Log (available at your History tab): Did not open 1.0 more std lot(s) for Trader X, BUY EUR/USD. Max lots setting was 5.0, total open lots of trades & orders were 5.0

iii. Lot Size

Here you can set how you prefer to view the lot size when logged in to your ZuluTrade account. So if you select Standard View, then a Standard Lot will be represented as 1, a Mini as 0.1 and a Micro as 0.01. If you select Mini View, then a Standard Lot will be represented as 10, a Mini as 1 and a Micro as 0.1. If you select Micro View, then a Standard Lot will be represented as 100, a Mini as 10 and a Micro as 1. In order to interpret this setting, it is important to have in mind the relation between the different sizes:

1 standard lot = 10 mini lots = 100 micro lots

and

0.01 standard lot = 0.1 mini lot = 1 micro lot

Please note that this only affects display – so if your account is setup by the Broker as a Mini account, switching the view to Micro View will not enable you to trade Micro – it simply means that if you wish to trade 1 Mini Lot, you will need to enter the value as 10 (Micro Lots). If you wish to actually amend the Lot size of your account, then you need to contact your Broker.

iv. Monitor My Account

This feature offers an extra layer of defense to your account; it protects your equity by closing trades that were expected to close, but due to rejection or failure to deliver one or more trading signals to your broker, they remained unmodified at market. By checking this option, you authorize the ZuluTrade engine to close any traced trade at the minimum possible loss or at any profit in cases that this is within its potential.

A successful intervention in each and every case is not possible due to factors which are beyond ZuluTrade’s reach. However, in the spirit of constantly improving user experience and smoothing out trading performance, ZuluTrade has added the Monitor My Account feature.

You may view details about possible cases and examples here.

v. Avoid Hedging

This setting appears in accounts where ticket-based trading is not supported by the Broker and it is the default and recommended setting for all such accounts. If you wish to enable hedging of trades in your account, please make sure you acknowledge all details associated with this option.

10. ORDERS Tab

Here you will also find the same functions as in the Positions tab.

11. REVENUE Tab

This tab appears once you have successfully invited a new account at ZuluTrade.

From here you will be managing the commissions earned from live accounts that registered in ZuluTrade from your invitation/affiliate link. Please read our Affiliates Program Guide for additional information.