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ZuluTrade: review of the best traders to follow for binary options

No more hassle with Binary Options!

In this article we will cover how to choose the traders for Binary Options with ZuluTrade and who are the most successful. Before we do that we will explain briefly what ZuluTrade is.

What is ZuluTrade?

ZuluTrade is a financial services company and operating in the Forex market. It is the owner of an online retail foreign exchange platform which delivers social trading.

ZuluTrade comes from an intension that would make forex trading approachable and simple to anyone. This intension maps to an exclusive online and mobile social auto – trading platform with a worldwide influence of more than half a million customers. ZuluTrade operates in Forex and binary options.

ZuluTrade thinks, operates and trades for you, YOU just have to sit and relax!

You don't have to learn or observe the market, because hundreds of signal suppliers from around the world will do it for you.

It's very simple and easy, all you have to do is pick the Signal Suppliers/Trader you wish to use and ZuluTrade will quickly change their guidance into live trades in your trading account promptly with the broker. And the good news is, it’s totally FREE!

TOP TRADERS TO FOLLOW IN BINARY OPTIONS

After you open an account with ZuluTrade, you then have to choose the trader to follow.

You have to check if he trades, to see if he trades often or they trade specific pairs. The trader might like gold, oil etc. other assets.

For Binary Options we will analyse the following traders which are good and called: Bintradz, Binary Support, EruditeTrader and Soft options.
 

Traders

ROI

PROFIT

WIN

POSITIONS

AVERAGE PROFIT PER POSITION

MINIMUM REQUIRED CAPITAL

Bintradz

101%

$1,065.5

89%

70

$ 15

$1,050

Binary Support

400%

$82,752.45

72%

585

$141

$20,666

EruditeTrader

278%

$180.7

95%

55

$3

$65

Soft options

2240%

$12,223.06

73%

193

$63

$546

Let’s understand the terminology on this table that you will find on ZuluTrade site, when you assess traders to follow. The ROI means return on Investment; there is not Drawdown like in Forex as the positions do no stay open as long. The Minimum required capital is the first deposit you make.

zulutrade-performance-trader

From this table we have to analyse which trader has the highest Roi and win percentage, but also the amount of investment that it is required. So far from this table we can see that Binary Support has the highest Roi, a good win percentage of 72%, but it is required a high initial investment of $20,666 in order to make a profit of $141. A good trader in this table is EruditeTrader as he has a good Roi of 278%, a very good win percentage of 95%, but a low profit of $3 per position.

To summarize when you choose a trader for Binary Options, you would have to look at the win percentage and the ROI, these are the most important factors and make sure that the trader is recently trading by looking the trading history. But also look at the other features.

Now choose the traders to follow by opening a free demo account with ZuluTrade (Click here)


 

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