ZuluTrade

ZuluTrade was founded in 2007 by Leon Yohai and Kosta Eleftheriou. Eleftheriou left the company in 2008. Yohai traded on the FXCM trading platform prior to founding ZuluTrade. He created a software connected to FXCM's API that allowed him to copy trading strategies in his realm of interest. The concept was then put into beta in 2008. In 2011, ZuluTrade was listed among The Daily Telegraphs "Start-Up 100" in the category of "Finance, Payments and Ecommerce." The company also unveiled several new features including the ability to follow other followers (rather than just signal providers) and the requirement for signal providers to be profitable in order to receive payment. In November 2012, ZuluTrade redesigned their website and added more new features including ZuluGuard. By the end of 2013, the company had around 120 employees, 40 of whom were designated for customer support. In March 2015, ZuluTrade Group announced that the platform was awarded an EU Portfolio Management License from the European Union. The designation made the company a licensed portfolio management company in the EU. In April 2019, the company launched Macaso, a copy-trading service in Japan. It partnered with local broker Excite One to launch the service. In 2020, ZuluTrade expanded to United States which made it regulated in three territories in the finance including Japan, the European Union, and the US. In December 2021, ZuluTrade joined Finvasia Group. Finvasia has been working to increase its reach in Europe, North America and Middle-East in various ways in order to create a complete ecosystem for retail and institutional investors. Finvasia has a dozen brands in financial services industry and reached millions of investors around the world. It has offices in over 5 countries, serves clients in more than 150 countries and is regulated by over a dozen regulators around the globe. In November 2022, the company announced to omit profit-sharing fees from its investors account. Recently, the organization has been acquired by Finvasia. ==Integrations and Partnerships==

In Feb 2023, ZuluTrade integrated with MetaTrader 5 and ActTrader to broaden the available options of platforms for traders. In March 2023, the company partnered with Seychelles-based FxCentrum and added X Open Hub to its offering of trading platforms. In July 2023, ZuluTrade, collaborated with the well-regarded Forex and CFD broker, Hextra Prime. In March 2023, ZuluTrade announced it had received the approval of the Financial Services Commission (FSC) of Mauritius (Licence No. IK21000018) to provide wealth management services. ==Service==

The ZuluTrade service is a social and copy trading online platform that allows users to mimic the investing strategies of trading "experts" in forex markets. Followers can also mimic strategies of the portfolios created by other followers. The platform also has several features, including ZuluGuard, that automatically unfollows a signal provider if their trading strategies change. Lock Trade allows users to verify the execution of a trade after the signal has been received. The website also features several social network-like features including comments and forums. Additionally, ZuluTrade operates a binary option social trading platform. This is provided by simulator which shows overall profit, alerts user if a margin call occurred and even allows user to download a spreadsheet of all the simulated trades. ==References==