BrokAIr Reviews

Zulutrade Review

Zulutrade has been labeled as a risky trading platform by some users, despite its reputation as a reliable and trusted broker. Is Zulutrade really too risky to trust?

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Overview of Zulutrade

Zulutrade is an online brokerage that offers a social trading platform where traders can connect with each other and share ideas, strategies and trading tips. Founded in 2007, Zulutrade has grown to become one of the most popular online brokerages. It is regulated by the CySEC and FCA, giving clients the assurance of security.

Pros and Cons of Zulutrade

Pros

Cons

Founders of Zulutrade

Zulutrade was founded by Leon Yohai in 2007. Yohai is an entrepreneur with a passion for finance. He has founded several companies in the past and has been involved in the financial markets for over a decade. He is also the chairman of ZuluTrade's Board of Directors.

Public Opinion of Zulutrade

The public opinion of Zulutrade is generally positive. Many traders find it to be a reliable and secure platform to trade on. The user friendly interface and wide range of tradable assets make it a popular choice for many traders. However, some traders have expressed dissatisfaction with the high commissions charged by the broker and the lack of customer support.

News around Zulutrade

In August 2019, Zulutrade announced the launch of its new cryptocurrency trading feature which allows users to trade Bitcoin, Ethereum and Litecoin. The company also reported a record number of new accounts opened in 2020 due to increased demand from retail traders. Additionally, Zulutrade has recently partnered with the UK Financial Conduct Authority (FCA) to provide customers with access to FCA regulated products. The partnership allows customers to access FCA regulated products such as shares, bonds, derivatives, investment funds and more.