The online trading platform ZuluTrade requires a capital deposit from the trader owning the trading account to activate the CFD and Retail foreign exchange (Forex) trading platform.
The minimum amount required with ZuluTrade is $100, to maintain your broker account linked to ZuluTrade. It should be noted that the minimum deposit with ZuluTrade may vary depending on the Forex broker chosen.
Table of Content
What is the ZuluTrade minimum deposit?
ZuluTrade requires a $100 minimum balance to maintain your Broker account linked to ZuluTrade.
Anyway, the minimum deposit always depends on the broker you link your ZuluTrade account to.
Please note that also other features such as payment methods, base currency and fees depend on the broker chosen.
The ZuluTrade minimum deposit features are all listed below.
zulutrade DEPOSIT FEATURES | characteristics |
---|---|
ZuluTrade investor account | $100 minimum deposit |
Deposit Fees | Variable |
Withdrawal Fees | Variable |
Base Currencies | Variable |
Your capital is at risk when trading CFDs
What are the ZuluTrade account base currencies?
Since ZuluTrade is a copy trading platform and not a broker, the account base currencies available depend on the broker you select.
The base currencies available with some of the best brokers you can choose are in the table below.
Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Base Currencies | AAAFX | AVATRADE | IC MARKETS |
---|---|---|---|
USD | Yes | Yes | Yes |
EUR | Yes | Yes | Yes |
GBP | Yes | Yes | Yes |
AUD | Yes | Yes | Yes |
JPY | Yes | Yes | Yes |
CHF | Yes | No | Yes |
What are the ZuluTrade funding and deposit methods?
When it comes to ZuluTrade deposit methods, this will depend first on the broker you choose. Then, a lot depends on your location. The method you use may also limit the type of currency which you can deposit. At the end of the section you’ll find a comparison table regarding the deposit methods of some top brokers.
The ZuluTrade deposit methods features and fees are listed below.
- Wire Transfer: Wire transfers are almost always available as a deposit method provided by the brokers. Since you can connect ZuluTrade to a broker account, this deposit method will be at your disposal. Please note that fees and time depend entirely on the broker you pick.
- Credit/Debit Cards: As mentioned above, deposit methods depend on the broker you select for your ZuluTrade Account. Generally, both credit and debit card deposits are accepted by the majority of brokers. Deposit time and fees will depend on the broker.
- eWallet: eWallet deposits are becoming increasingly more popular. Almost every broker allws at least one eWallets deposit for traders to use. The most famous ones are Skrill, PayPal, Neteller and even Bitcoin deposits are rising in terms of popularity. Again, fees and time depend on the broker. Moreover, availability also depends on your location or jurisdiction you’re trading under. It would be a good idea if you took a look at our PayPal forex brokers top ten, in order to find more about this payment method.
- Other Deposit Methods: Other deposit methods are available from the broker. These include Giropay, EPS, Sofort, iDeal and Przelewy24, among others, to ensure all traders are catered for.
So, if you connect ZuluTrade to the broker you select, you’ll be likely to find at least one of these deposit methods, always keeping in mind that this depends on the broker and on your location.
Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
AAAFX | AVATRADE | IC MARKETS | |
---|---|---|---|
Wire Transfer | Yes | Yes | Yes |
Credit/Debit cards | Yes | Yes | Yes |
PayPal | No | No | Yes |
Skrill | Yes | Yes | Yes |
Neteller | Yes | Yes | Yes |
FasaPay | No | No | No |
Bitcoin | Yes | No | No |
What are the steps to fund your ZuluTrade account?
When opening and connecting your ZuluTrade account, make sure to follow those instructions:
1. Create a ZuluTrade account:
Go to ZuluTrade’s website. On the Registration Form, select “Real Account” and complete the registration trial. After that you will be sent a verification email and can proceed to select your account type (Profit Sharing or Classic) and the Broker that you wish to link your account to. Please note that you can use an already existing broker account or you can create a new one.
2. Create a brokerage account:
After you have selected the broker, you will be asked to clarify if you already have an account with them, or if you want to open an account. Depending on each case, you will be redirected to the Broker’s website and follow the process.
3. Wait for the ZuluTrade approval:
The setup process normally takes about 2 to 3 business days. ZuluTrade will send you the login details after your account is fully setup and funded through your Broker. If you haven’t received your ZuluTrade account login details within the specified time frame, please contact the broker you chose directly to understand should any problems have been detected.
How does ZuluTrade supported-brokers’ minimum deposit compare with each other?
The comparison between ZuluTrade supported-brokers’ minimum deposit can be found in this table below.
These 3 brokers are the best brokers to connect with ZuluTrade, but they are not the only 3 available. If you want to dig deeper in this topic, take a look at our article where we explain which is the best broker for Zulutrade.
Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
FEATURES | AAAFX | AVATRADE | IC MARKETS |
---|---|---|---|
Minimum Deposit | $300 | $100 | $0 |
Wire Transfer | Yes | Yes | Yes |
Credit Card | Yes | Yes | Yes |
PayPal | No | No | Yes |
Number of Deposit Methods | 10+ | 6 | 10+ |
Account Currencies | USD, EUR, JPY, CHF, GBP, AUD | USD, EUR, JPY, GBP, AUD | USD, AUD, EUR, GBP, SGD, NZD, JPY, CHF, HKD, CAD |
Does ZuluTrade offer deposit bonuses?
Deposit bonus and no deposit bonuses may be available for ZuluTrade, depending on the broker you select to connect with and your location/jurisdiction.
If you want to discover more details about how deposit bonuses work and by which brokers these are offered by, do not hesitate to visit our forex brokers bonus promotions article.
AAAFx, a broker directly connected with Zulutrade, offers a maximum bonus of $3000 per client, depending on several conditions. This special Bonus expires and will be automatically removed from the account if it is not released within a period of 45 days from the date that it was credited.
For regulatory reasons such bonuses are not offered to traders based in the EU or UK along with some other areas.
The brokers (among the ones mentioned) that offer a deposit bonus or a no deposit bonus are in the table below:
Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
AAAFX | AVATRADE | IC MARKETS | |
---|---|---|---|
Deposit Bonus | Yes | Yes | No |
No Deposit Bonus | No | No | No |