HotForex and ZuluTrade are two of the resources that can make a difference in your Forex trading career. Our HotForex Review and ZuluTrade Review explain what these two tools are and how they can come in handy for Forex traders.
In this article, you will learn how to connect the two tools and how the connection can benefit your trading. Let’s see what you can do with HotForex ZuluTrade.
Can You Connect Your HotForex Account with ZuluTrade?
No, you can’t because currently, ZuluTrade doesn’t accept customers with a HotForex account. Nevertheless, it accepts over 20 brokers and provides copy trading services to its customers across the globe.
So, you can’t trade on ZuluTrade with a HotForex account because they aren’t compatible.
What are the Alternatives to HotForex&ZuluTrade?
If you are looking for alternatives to HotForex and ZuluTrade, there are scores of ZuluTrade brokers you can choose from. If you desire, open a ZuluTrade account and start trading your favorite Forex option (74-89% of retail CFD accounts lose money).
IC Markets, Oanda, and AAAFX are the best alternatives to HotForex if you wish to trade on ZuluTrade.
The minimum deposit amount on Oanda is $0. However, you must fund your account with a reasonable amount that allows you to trade without financial limitations.
Oanda offers the lowest spreads in the industry and it’s a great option for algo trading and scalping for traders interested in these two.
If you connect with ZuluTrade within the EU, you can’t access the trading platform.
Open an Oanda trading account (73.5% of retail CFD accounts lose money) if you wish to connect it to ZuluTrade.
IC Markets requires a $0 minimum deposit amount. It’s advisable, though, to ensure that your account has enough funds to enable you seize every promising trading opportunity/
Although the platform is great for algo trading and scalping, you can’t access it from outside the EU.
Open an IC Markets trading account (74-89% of retail CFD accounts lose money) if you wish to connect it to ZuluTrade.
AAAFX offers the lowest latency between ZuluTrade servers and you and you need a minimum deposit amount of $300 to use it.
It’s ZuluTrade’s owner and available for users within and outside of the European Union.
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 HotForex?
Currently, there are no other options to copy trade with HotForex. You can check our Top 10 Copy Trading Platforms if you are interested in copy trading.
What are the Benefits of Connecting HotForex with ZuluTrade?
Some of the reasons why you may consider connecting HotForex to ZuluTrade are:
ZuluTrade has a user-friendly interface that makes it easy and intuitive to use. Traders can easily find their way around the platform.
You can create a list of your favourite traders to choose from, using their number of followers, success rate, and trading instruments as your ranking parameters.
ZuluTrade has Zuluguard and other protection tools that work as advanced stop loss/take profit. These will come in handy when setting your trading to minimize potential loss and maximize your profit-making opportunities.
Users across mobile and Web platforms can access ZuluTrade and take advantage of its compatibility with MetaTrader 4 and EAs to make the best out of their trading.