Top Three Zulu Trade Signal Providers

Please be advised, I made this post years ago and the information understandably has become outdated, so you need to do your own researching on the current best signal providers to follow on ZULUTRADE.

The “BEST” ZuluTrade Signal Provider Is Subjective, differing from trader to trader.
Right now I’m using FLY ON THE WALL and a few others. (Last Update March 2, 2011)

Inevitably deepening on how you control the signal providers via your own settings could make them better or worse, meaning you don’t have to follow the shown stats literally; alternatively you could just trade with them near pip for pip based on their entries and exits and follow the stats literally.  This is all up to you making ZuluTrade a highly customizable and controllable place for those who can manage it best; some will not and lose money, this blog can not control if you are or are not one of the one’s who becomes a winner or loser on Zulutrade.  What we do try to do is find signal providers that are less likely to lose all of us money, myself included, so I’m with you traders too!
Today I took the time to find the most profitable ZuluTrade.com signal providers and list them here for you to follow yourself. We’ve been discussing up a storm over this on a few forums, in particular what makes these signal providers good, bad, profitable, or just a waste of time. There are close to 2000 individual signal providers with different strategies and trading styles available on ZuluTrade.com right now. Very few of them are profitable and even fewer are profitable enough to not get you into account ending trades.

This graph explained
Provider Name: What the Zulu Signal Provider Calls him/herself.
Pips Earned: Calculated over the last 12 Months, how much this Signal Provider has earned with pips lost subtracted. So this is the absolute value of pips gained and lost. Generally a signal provider should have a few thousand pips gained and NOT hundreds of thousands of pips gained, this is an indication of a scam.
Money Earned: How much this account has earned for its followers in the last 12 Months based on 1 Lot Trades.
Max Drawdown: Very important figure, the amount of negative pips the open trades of a Signal Providers has at any given moment. Generally, a nice drawdown figure of 100 or less is key, this proves that the system has some sort of stop loss in place and will not wipe your account out.
ROI: Return on Investment, in percentage.
Winning %: Is the percentage of trades over the last 12 Months this signal provider has won. I think a winning percentage of 80% or more is key, but so long as their wins outweigh their losses, this is not as important as avg pips per trade.
Followers: Perhaps the most telling figure available about Zulu Signal providers, how many other people are following this signal provider at the moment. This does not prove that this signal provider is going to make you money, but, there is safety in numbers and for some reason or another they are followed by a mass amount of traders.

As always, I would not recommend anything to you, my readers without trying it myself. That is why I am putting up $1000 of my own capital on trying these three signal providers on my own. I will give you updates on my progress but I invite you to come join me in following these signals today.

The “Best” ZuluTrade.com Signal Providers

Past performance is not indicative of future results, especially on ZuluTrade, just a warning that the “best” today could be very bad tomorrow, aside from my definition of “best” and “worst” will obviously differ from yours.  These opinions are meant for educational purposes only.

ZuluTrade.com Scam or No Scam?

Please be advised, I made this post years ago and the information understandably has become outdated, so you need to do your own researching on the current best signal providers to follow on ZULUTRADE.

The question here is ZuluTrade.com a scam outright, or is it a website thT WILL TURN YOU INTO A PROFITABLE TRADER.

The truth of the matter is, Zulu Trader itself is not a scam, even though this website must make its creators millions of dollars each year, it really can make anyone who wishes to trade with them a success, if and only if you can find a successful signal provider whose signals you can follow.

Therein lies my concern that ZuluTrade.com is not a scam, but is filled with “scammers” in the sense that these so called signal providers have no business being in charge of their own money in this market let alone ours.

This is not true of some of the signal providers on Zulu, but the vast majority of signal providers will indeed lose you money. This is not an opinion on my part, rather a sober fact based upon researching on ZuluTrade.com.

Do Not Fear, MO4Forex is here… to find you some good signal providers.

Zulu Trade is very interesting in the sense that if you visit my section of it http://mo4forex.zulutrade.com you will see the signal providers that I have weeded out for you to be the most profitable and worthwhile to follow. This is rather important that you pick from one of these providers because very few others will make you money, rather, they will lose you money.

Our recommendations for finding good signal providers.

Firstly, you don’t need to take a signal provider’s results literally, in fact some signal providers even ask you to employ a stop loss for their own strategy!  This speaks volumes about the confidence of some signal providers, but I do agree, this is a great idea, to employ stop losses so your account does not need to endure a 100-1000 pip drawdown.  This could be disastrous for you even if the signal provider turns a profit with the losing trade in the end.

Next, never follow signal providers that enter 20 of the same trades at once, even though you can set in your own back end on Zulu trade that a signal provider can only open X amount of trades on X amount of different pairs at once, but regardless, it is a good indication that if a signal provider enters 20, 10, or even 5 of the same trade he/she is trying to milk ZuluTrade and you for all you are worth.  I am certain there is an entire section of the SEC and CFTC rules about fund managers not entering into excessive trades to increase cumulative commission, but Zulutrade seems to be a place this is rampant; but again not saying all signal providers are fraudulent, just many are trying to earn more every way they can but often at our expense, especially new traders to Zulu.

Today’s champion Signal Provider could be next weeks all time loser, you just can never tell and the very nature of any type of investment field is based on unpredictability.  I have total respect for this and many signal providers do not simply because they are not trading with their own funds.  Personally if I gave out signals I’d be worried about my results, not necessarily win percentage which can be very misleading but purely pips earned vs pips lost and how much of a drawdown is inflicted in order to acheive those gains.

Lastly, I’d recommend not following one signal provider but a dozen or more giving each limited control over your capital but enough to actually help you see a nice steady return.  I have another blog post on this if you could run a search for it you might learn how other’s earn on ZuluTrade quite effectively this way.

This is an old chart of signal providers from years ago, new signal providers are most definitely out now so please visit their website to browse the best.

Here are the top Zulu Signal Providers that are not Scams

ZuluTrade.com — Hype or Forex Heaven?

Recently over at some forums, we’ve been discussing the many updates and improvements at ZuluTrade.com.  There are quite a few improvements on Zulu that, to me, make the website much more worthwhile to use and make profits with.

In light of all of the improvements, I believe ZuluTrade.com to be one of the most useful Forex Signal Sites ever created in history. The ease of use, reliability of the system, and the profitability of a select few of the signal providers there make it one of the greatest tools a Forex trader could have in his or her arsenal. Read more