How to use ZuluTrade with AAAFX
Behind AAAFx is the same company that runs ZuluTrade.
This is why AAAFx has minimal commissions for traders who decide to link their account to ZuluTrade.
Table of Content
How to link the AAAFx account with ZuluTrade
Step 1: Open an account with AAAFx
A minimum of $300 is required to open an account with AAAFx (74% of retail CFD accounts lose money).
If you are not sure about the quality of the broker you can also open a demo account, but you will not be able to link it to ZuluTrade.
Step 2: Choose the AAAFx platform
With AAAFx there are two platforms to choose from: the ZTP and the MT4.
If you choose the ZTP, you will have ZuluTrade integrated within the platform, and you can start copying other traders right away from this step.
In contrast, with MT4 you will need to follow additional steps if you wish to use it from ZuluTrade.
Step 3: Open your ZuluTrade account settings
If you have opened an AAAFx MT4 account, you will need to go to ZuluTrade’s website and open an account with them (Your capital is at risk when trading CFDs).
Once you have completed the sign-up process, you will need to go into the ZuluTrade personal area and enter the MT4 server data provided by AAAFx to link the two accounts.
Main characteristics of the AAAFx ZuluTrade account
With AAAFx the minimum deposit is $300, and you will be able to deposit in a number of currencies including USD, EUR, and GBP.
The maximum leverage available will be 1:30 for European clients, and 1:500 for AAAFx international clients.
Another difference between EU and international clients is slippage, which is the lowest among all ZuluTrade compatible brokers. This averages 0.04 pips in Europe and 0.09 pips for other traders.
Copying ZuluTrade traders with AAAFx is a very flexible experience. The main difference between the two platforms ZTP and MT4, is that with the former ZuluTrade is integrated, while with MT4 you will be able to decide whether to trade ZuluTrade directly or use it independently.
Pros and cons of linking AAAFx to ZuluTrade
Pros
- You can choose between two different platforms depending on your needs
- Slippage when copy trading is the lowest among ZuluTrade brokers
Cons
- No cons
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