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Screenshot of a breaking news alert e-mail from Q2 2017
Globally regulated Forex brokerage HotForex’s well esteemed and CySEC regulated Binary Option brand OptionTrade is officially announcing it has now launched ZuluTrade, giving traders access to the world’s leading social trading platform for Binary Options.
Being that OptionTrade uses the SpotOption platform, our readers might remember that last month LeapRate reported that SpotOption announced its long anticipated signals project through their exclusive partnership with ZuluTrade went live. This is a dynamic feature going forward which SpotOption indeed hopes differentiates it’s platform. It will be interesting to see how many SpotOption brokers choose to bring aboard this feature in the new year. A little over a month after the live release, OptionTrade becomes one of the first to do so.
How it works:
ZuluTrade enables users to identify and follow the trading method of successful traders based on their ZuluRank. Users can fully manage their accounts via a customizable account management suite that is equipped with advanced risk management features such as ZuluGuard, the popular capital protection tool.
ZuluTrade users select the traders they want to follow using the Performance Table, which automatically ranks Traders based on a multitude of performance factors and the feedback of ZuluTrade’s highly knowledgeable Binary Options trading community.
ZuluTrade users can then fully customize the trades initiated by the Traders according to their preferences and risk tolerance. Users can customize all the parameters of a trade including:
– the amount they wish to allocate for each trade followed;
– the maximum number of trades allowed for each followed trader; and,
– the maximum number of open positions per followed trader.
For more information on this new offering, click here.