Does ZuluTrade Support FXCM? Here's the Answer

filippo ucchino Filippo Ucchino calendar Last Updated: April 2022 timer 4 min read

As an investor, with ZuluTrade you copy trades of pro traders, and if you are a trader, you can sell your trades to investors.

If you are looking to dig deeper on the social trading platform, you can check our ZuluTrade review.

When talking about ZuluTrade, there are a handful of brokers that allow you to trade with ZuluTrade; FXCM is one of them.

You can apply for FXCM ZuluTrade by following a few instructions. And if you want to learn more about the broker, you can check our FXCM review.

Table of contents

Connecting your FXCM account with ZuluTrade: is it possible?

ZuluTrade is selective in its choices. The platform allows some brokers to use its services. The good thing is ZuluTrade does accept clients from FXCM.

Here’s how it works:

Connecting an existing account

If you have an account with FXCM, just submit an LTA (Limited Trading Authorization) form to get started with ZuluTrade.

With LTA, FXCM creates a new account for you, which you can connect with the ZuluTrade platform. If you want to, you can transfer your current account balance to this account.

Creating a new account

On the other hand, if you don’t have an account with FXCM, you just need to apply for an FXCM ZuluTrade account, submit an LTA form and activate your ZuluTrade account. After that, the FXCM team will contact you with further instructions.

Signing up for a demo account

You can also sign up for a demo account to practice copy trading with FXCM.

Monetizing your strategy

If you want to monetize your trading strategy, you need to submit a request access form to gain access to FXCM’s trader program. After that, FXCM will email you with further instructions. And that’s it, you are good to go!

FXCM & ZuluTrade: Are there other choices?

As mentioned earlier, you can utilize several other choices with ZuluTrade. If you want to open a ZuluTrade account, the best choices available are Oanda, IC Markets, and AAAFX (74-89% of retail CFD accounts lose money).

Let’s go through each one of them:

Oanda

Oanda is one of the pioneers of brokers. With regulations from the US, Canada, UK, and Australia, Oanda is top of the food chain.

When opening an account with the broker, you can start with a minimum deposit of $0. That’s right, you can open an account without any investment.

With its plethora of features, Oanda is great for scalping and algo trading. If you are into this type of trading, then Oanda is your go-to source.

In addition to this, you can scalp or do algo trading with some of the lowest spreads in the industry.

The only downside of trading with Oanda is you can’t connect your ZuluTrade account with Oanda within the EU.

Open an Oanda trading account (73.5% of retail CFD accounts lose money) if you wish to connect it to ZuluTrade.

IC Markets

IC Markets is another broker that allows you to trade with ZuluTrade. Like Oanda, IC Markets is a highly regulated broker.

The broker allows you to start trading with a minimum deposit of $0. So, you can easily get the hang of ZuluTrade.

One of the benefits of IC Markets is that it allows a suitable environment for scalping and algo trading. So, you can test your scalping and automatic strategies by connecting with ZuluTrade.

The only flaw in IC Market’s ZuluTrade account is it is only available for EU traders.

Open an IC Markets trading account (74-89% of retail CFD accounts lose money) if you wish to connect it to ZuluTrade.

AAAFX

You’ll be glad to know that with AAAFX, there’s low latency between you and the ZuluTrade servers. This is because AAAFX is the parent company of ZuluTrade.

You can start with the broker with a minimum deposit of $300, and it is available throughout the globe. So, you can connect your ZuluTrade account wherever you are.

Open an AAAFX trading account (74% of retail CFD accounts lose money) if you wish to connect it to ZuluTrade.

Are there other copy trading services to use with FXCM?

Unfortunately, there are no other options for copy trading with FXCM.

If you’re involved in copy trading, check our top 10 copy trading platform guide.

What would be the benefits of connecting FXCM to ZuluTrade?

  • Zulutrade features a user-friendly interface that is simple to navigate and utilize.
  • You can pick from a list of traders ranked by their success record, a number of followers, and trading instruments.
  • Safety features such as “Zuluguard,” which acts as an enhanced stop-loss and take-profit.
  • It’s accessible through the web and mobile, and it works with MetaTrader 4 and EAs.

74-89% of retail CFD accounts lose money

About the Author

Filippo Ucchino

Co-Founder - CEO - Broker Expert
Filippo is the co-founder and CEO of InvestinGoal.com. He has 15 years of experience in the financial sector and forex in particular. He started his career as a forex trader in 2005 and then became interested in the whole fintech and crypto sector.
Over this time, he has developed an almost scientific approach to the analysis of brokers, their services, and offerings. In addition, he is an expert in Compliance and Security Policies for consumers protection in this sector.
With InvestinGoal, Filippo’s goal is to bring as much clarity as possible to help users navigate the world of online trading, forex, and cryptocurrencies.

Leave a Reply

Your email address will not be published.

Keeping you better informed

Find and Compare the Best
Online Brokers for You

Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
ADVERTISER DISCLOSURE: InvestinGoal is completely free to use for all. Though we may receive a commission from brokers we feature, this does not impact the results of our reviews or rankings which are conducted with complete independence and objectivity, following our own impartial methodology. Help us continue to provide the best free broker reviews by opening your account with our links. Please read our Advertiser Disclosure to learn more.
Copyright © 2022 InvestinGoal.com – All rights reserved. / Privacy and Cookie Policy / Basic Terms of Use / Risk Warning / Sitemap