If you know how to copy trading works, you probably have heard about ZuluTrade.
If you want to learn more about the platform, you can check our ZuluTrade review.
With ZuluTrade, you need to connect your account through the broker, so, in this guide, we’ll try to find out if you can open an XM ZuluTrade Account.
Also, you can check our detailed review of XM. for more information on the broker.
Connecting your XM account with ZuluTrade: is it possible?
For now, you can’t connect your XM account with ZuluTrade. The social platform is selective in its choices and allows only a few brokers for its services.
ZuluTrade allows only 20 brokers around the globe. So, if you are looking to connect your XM account with ZuluTrade, it isn’t possible.
XM & ZuluTrade: What are the alternatives?
ZuluTrade also offers a variety of additional options, as previously mentioned. Oanda, IC Markets, and AAAFX are the finest options if you are looking to create a ZuluTrade account (74-89% of retail CFD accounts lose money).
Oanda
Oanda is a forerunner in the world of brokers. Oanda is at the top of the heap, with regulations from the United States, Canada, the United Kingdom, and Australia.
You can start with a minimum deposit of $0 when creating an account with the broker.
Oanda is ideal for scalping and algo trading because of its extensive features. If you’re interested in this sort of trading, Oanda is the place to go.
Furthermore, you may scalp or execute algo trading with some of the industry’s lowest spreads.
The only drawback of trading with Oanda is that you can’t link your ZuluTrade account to an Oanda account if you’re in 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
Another broker that works with ZuluTrade is IC Markets. IC Markets, like Oanda, is a well-regulated broker.
With a minimum deposit of $0, you can begin trading with the broker. As a result, you can get familiar with ZuluTrade without spending any penny.
One of IC Markets’ advantages is that it provides a conducive environment for scalping and algo trading. Therefore, by connecting with ZuluTrade, you can put your scalping and automated methods to the test.
The main drawback of IC Market’s ZuluTrade account is that it is only available to traders in the European Union.
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 appreciate how low the latency is between you and the ZuluTrade servers when you use AAAFX. Because AAAFX is the parent business of ZuluTrade.
You can start trading with the broker with a $300 minimum deposit, and it is open all around the world. As a result, you may link your ZuluTrade account from anywhere.
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 XM?
In XM, there isn’t any copy trading option. However, if you are interested, you can check our top 10 copy trading platform guide.
What would be the benefits of connecting XM to ZuluTrade?
- Zulutrade features a user-friendly interface that is simple to use.
- You can draw up a list of traders to pick from, ordered by success rate, number of followers, and trading instruments.
- Protection solutions such as “Zuluguard,” which functions as stop-loss and take-profit orders.
- It is accessible through the web and mobile, and it is compatible with MetaTrader 4 and EAs.
