If you have read our Zulutrade review you will know that it is one of the most popular copytrading platforms you can use. They are accessible through a large selection of brokers.
This means that there is no one fixed rule in regard to the Zulutrade minimum deposit or funding options, these will depend on the broker you are using to connect with Zulutrade.
With that said, their closest affiliation is with the AAAFx broker and therefore all of the information that follows will be referring to that broker as they are owned by the same Formax Group.
Table of contents
ZuluTrade account Base Currency
The base currency is that with which you are able to trade. With AAAFx, several are facilitated. These include USD, EUR, GBP, JPY, CHF, and Australian Dollar. These base currencies are available worldwide.
If you are trading from within Europe, you can access these base currencies and more, with both the RUB, and BGN available for trading with.
ZuluTrade Deposit Methods
When it comes to AAAFx deposit methods, this will depend a lot on your location, and the method you use may also limit the type of currency which you can deposit. Here is what is currently available in terms of deposit methods:
Wire transfers with AAAFx are available worldwide. These encounter no fees from the broker side if you are located within Europe, although you may find some fee from your financial institution based on their policy.
If you are not within Europe then the broker may levy a varying fee based on your situation. The typical timeframe for deposits of this method is 2-3 business days with no AAAFx minimum deposit amount.
Credit and debit card deposits are of course accepted in the form of Visa, Mastercard, or Union Pay. These are done without any fees or a minimum deposit requirement also. Depositing through this method will ensure instant processing.
AAAFx eWallet deposits are made available through both Skrill and Neteller. Again as with the above methods, there are no fees if the deposits originate in Europe,but within the rest of the global market, fees may be applied. Zulutrade fees are also not applicable.
Deposits of this nature are usually instant although Skrill can take up to 24 hours on some occasions.
Bitcoin wallets for deposit are also available within Europe but not elsewhere. This allows for fee-free deposits the timing of which depends on the blockchain but typically within 30 minutes.
Within Europe there are several other deposit methods to avail of. These include Giropay, EPS, Sofort, iDeal, Przelewy24, and QIWI to ensure all traders are catered for.
With these methods again there are typically no fees and no AAAAFx minimum deposits in operation. The processing time is usually within one day on most methods.
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ZuluTrade Minimum deposits
When it comes to a general AAAFx minimum deposit, although none are specified by payment method, the minimum deposit is always $300 or the equivalent base currency.
For linking your Zulutrade account whether through AAAFx or any other broker, you should always ensure that your balance is at least $100.
Forex trading minimum deposit is a topic we have also covered with a dedicated post, if you wish to investigate the matter.
ZuluTrade Deposit Bonus
Due to ESMA regulation, AAAFX and in general ZuluTrade no deposit bonus offers are not available within Europe.
Outside Europe though a 30% deposit bonus for amounts of $500 at least is available. This bonus amount cannot exceed $3000 so by that logic, the maximum bonus eligible deposit is $10000.