Forex like zulutrade

The NFA has filed a complaint against ZuluTrade and its CEO for failure to maintain minimum net capital, to implement the firm's AML program and to adequately supervise its employees, agents, and operations. CLICK HERE to verify. Zulutrade is a band of scammers which don't care about the customer. They also fill in this good reviews for ZuluTrade.

Avoid this service if you don't want to wipe your account. I try open chart M15 chart, but this platform didn't work. Morning this people open three times the same huge position. They didn't refund me. They also wiped accounts a lot of my professional trader friends. This platform is basically working in daytime. But the trouble is if you try to close the position at night, even if the signal provider close position. This service is poor quality and accounts wiper.

Very dangerous and unreliable. These horrible people absolutely don't care. If you like yourself avoid this signal service, platform. Zulutrade often adds pips spread when you have a winning strategy, so beware of ZULUTRADE and their scam AAAFx.

Zulutrade doesn't pay their signal providers, I have waited 6 month for my money and i still have not received anything. I have contacted them more than 15 times and everytime i contact them, i get the same random answer "we have contacted the relevant department in order to make sure that the payment will be executed". I have talked with other signal providers and they have the same issue. Two times i got told to send them an email, and they never replied. If you are considering a career into signal trading at zulutrade, be carefull!!!!

My feelings are mixed about zulutrade. I tried a few traders and had mixed results.

Some made a little but of money but one lost a lot. In the end I decided to leave it but I expect that money can be made if you know what to look for. As an Affiliate and SP in Zulutrade the experience is enjoyable and fantastic, I hope they continue their good job and enrich it with new products. I have used zulu trade on and off for a couple of years.

Is forex Zulutrade signal provider scam ?

There are some really good traders on the platform but also some jokers who are just there to burn your account. Zulu trade have recently updated their website and there is now a lot more filters and functionality. This really helps pick out the winners from the jokers. I used Zulu about 18 months ago or so. I DID make money.

ZuluTrade - FXCM

But I felt they were very difficult to use. Maybe I'm not technically inclined enough. Certainly the best at what they do.

Very sad to see the NFA go after ZuluTrade. While not all of their traders are all that impressive, the business is genius and it works and they have very good support!

I am a current client as well and overall I am happy I think your client might want to read this article on tge owner of zulutrade. The National Futures Association NFA has filed a complaint against one of the very first, and most widely used social and copy trading platforms in the retail FX industry — Zulutrade. The NFA states that Zulutrade misclassified receivables from U.

At the beginning of each month, Zulu made prepayments to Zulutrade LTD based upon an estimate for the month. As a result, Zulutrade recorded a decrease in cash and anincrease in current pre-paid assets, which Zulutrade incorrectly classified as a current asset. The decrease in cash caused Zulutrade to fall below its minimum ANC requirement on three dates — February 5. By reason of the foregoing acts and omissions , Zulutrade is charged with violations of NFA Financial Requirements Section 5 a.

Two of these dealers, Triple A Experts lnvestment Services S.

The Definitive Zulutrade Review - Brokers, Experiments, Info

Triple A and MIG Bank, Ltd. MlG now known as Swissquote Bank Ltd Swissquote are located in foreign countries — Greece and Switzerland — and are not regulated by NFA or the CFTC.

Additionally, this is required if the other financial institution is subject to an AML compliance program requirement under the BSA and is regulated by a federal functional regulator; and if the other financial institution enters into a contract requiring it to certify annually to Zulutrade that it has implemented an AML program and that it will perform the specified requirements that it is required to perform.

The purpose of these reviews is to identify red flags suggestive of suspicious activity, e. Finally, Zulutrade had never had an independent audit of its AML program performed since it became an IB in October NFA cites previous complaint and settlement Within this complaint, the NFA takes a look at its previous scrutiny of Zulutrade.

In , the NFA complaint against Zulutrade for failing to maintain required minimum adjusted net capital and failing to keep required books and records. More recently, in September , the Office of Foreign Assets Control OFAC of the U. Department of Treasury took an enforcement action against Zulutrade for introducing accounts for over individuals from lran, Sudan, and Syria, countries with which Zulutrade was prohibited from doing business.

The Commodity Futures Trading Commission CFTC also took an action in September against Zulutrade, charging the firm with failure to supervise its antimoney laundering AML program by not implementing its procedures for screening potential account holders to determine if they were from OFAC targeted countries. Becareful they do not pay commission to their Signal provider , i repeat they will not pay any money to their signal provider.

If you request any payment they will make sure to make all sort of excuses such as billing problems, account issues, or we processing your payment. I was a signal provider with them for 1 year, 45 days past request several withdraw for payments and tons of excuses, 60 days past no payments, 90 days payments no payments you get the idea. Their are tons of complaints against them via the FSA and CFT.

Their only use signal providers to attract people on their platform. Furthemore Zulutrade and AAAFX are one and the same entity, their ranking platform is rigged and most of their top traders are actually people who work directly for their company to attract followers to copy their trades only to burn them out later on the line.

In conclusions Zulutrade trade is a malicious social trading platform whether you a signal provider or a follower.

ZuluTrade - How to Profit from Forex Signals - A Review

Unbiased Forex Broker Experts. Review and Ratings Forex Signals ZuluTrade.

Live Discussion Video 0 Court 13 Widgets More Live discussion Join live discussion of ZuluTrade. Video Your company video here? Court cases File a case Open 0 Resolved 0 Not guilty 0 Guilty 0. Let other traders know if this service is worth checking or should be avoided. Review moderation team note. Page 1 of Home Contact Us Help Terms Privacy Advertise. Forex Reviews and Ratings All Forex Reviews Forex Brokers Reviews Forex Software Reviews Trading Systems Reviews Forex Signals Reviews Managed Accounts Reviews Forex Education Reviews Forex Forums Reviews Forex Scams.

Forex Performance Tests All Forex Tests Metatrader Expert Advisors Tests Forex Signals Services Tests Managed Forex Accounts Tests Forex Traders Court Forex Scam Alerts Folder Forex Traders Court - View and File Cases. Forex Trading Education and Community Forums Complete Forex Education Course by Pro Banker Journey From Dairy Farmer to Forex Traders Sive Morten - Currency and Gold Market Videos Jarratt Davis - Trading Markets Like the Banks Andrew Mitchem - Currency Strength and Weakness Trading Fundamentals - Daily Trading Signals Market Sharks - Exclusive Analysis by Forex Experts Forex Peace Army Community Forums.

All rights reserved under US and international law.