Myfxbook vs ZuluTrade. Which is the better copy trading system?

Which is better? Myfxbook vs ZuluTrade

Both Myfxbook and ZuluTrade have established their reputations in the Forex industry, and when it comes to “Forex copy trading”, traders often come to these 2 options to choose from.

FXBonus.Info recommends ZuluTrade for Forex and CFD traders for their user-friendly and advanced copy trading tools.

The ZuluTrade has a long history and impeccable reputation in the Forex industry as an independent and authoritative source of analytics, signals, effective strategies, account statistics, and trader contests.

All the advantages of the ZuluTrade also apply to the AutoTrade tool.

With ZuluTrade AutoTrade, you can replicate the trading strategies of the most successful and experienced traders in your account.

MetaTrader 4 terminals are installed on ZuluTrade servers, which exchange signals using trading advisors.

As soon as a deal is made on the account of the strategy provider, the terminal immediately sends a signal to open the same deal on the accounts subscribed to this strategy.

The AutoTrade mirror trading system is designed in such a way that it ensures error-free and correct copying of transactions.

Small delays are possible, especially with high market liquidity.

But in those rare cases when trade was not immediately copied, the AutoTrade system will continue to try to open a trade at the original order price or better.

Go to ZuluTrade Official Website

What is ZuluTrade?

ZuluTrade is an online platform that uses signals from professional Forex traders to automatically manage the trades in your accounts.

You choose traders-suppliers of signals, and the ZuluTrade service will automatically carry out real deals on your accounts based on these signals.

In order to start using this platform, you just need to provide your name and FXOpen account number.

After that, all that remains is to sign and send to FXOpen a form for allowing trading signals from ZuluTrade.

The ZuluTrade Trader Rating will help you choose traders, which provides not only accurate information about the trading activity of the signal provider but also feedback from other ZuluTrade users.

A ZuluTrade subscriber rating is also available with information about their profits and selected providers.

By using ZuluTrade services, you retain complete control over your funds.

You can customize the degree of risk and the maximum number of lots to be opened by signals, but the most important thing is that you can close current transactions at any time and refuse signals from a particular provider.

You can also continue to trade manually.

Benefits of Automatic Forex Trading with ZuluTrade are:

• the ability to manage multiple trading accounts from one workplace;
• the ability to create a portfolio by combining the most productive currencies of each individual provider;
• ZuluGuard account protection function;
• processing orders from a signal provider to its receiver without delays in real time;
• monitoring of positions in real time;
• 30-day demo account with full functionality.

Visit ZuluTrade’s Official Website

What is Myfxbook?

Mastering the skill of Forex trading is not an easy task.

But it is not at all necessary to fill up the cones and learn from your bitter mistakes! Experience, skill and unique knowledge of professional traders around the world at your service! Use the best and most proven strategies to make a profit.

Here are 5 reasons to choose Myfxbook AutoTrade.

Profitable

Only profitable trading strategies. Strategy providers receive commissions only for profitable trades.

Verified

Only experienced providers, only real accounts with successful trading for at least 3 months and a real deposit of $ 1000 or more.

Reliable and accurate

Charts that actually reflect the provider’s past trading performance will help you assess the viability of a strategy.

Visual

Demo accounts and strategy simulator. Give it a try before risking your money.

Everything under control

The ability to pause or disable the strategy at any time. You can limit the number of lots, trades, pairs traded for any strategy in your profile. And also set the level of balance and drawdown, at which a too risky or unprofitable strategy will be automatically added to your account.

Open FXOpen’s account to use both

FXOpen, an online Forex and CFD broker is now offering both of these copy trading systems integrated into their platforms.

For more information about FXOpen’s copy trading options, visit the article “How to start Automated Forex Trading with FXOpen’s Myfxbook and ZuluTrade?”

FXOpen provides you with variety of trading tools and many bonus promotions to support the trading activities.

Open an account with FXOpen and start using the most popular copy trading systems for free.

Go to FXOpen’s Official Website