Zulutrade eToro Benchmarking
Zulutrade eToro Benchmarking
Zulutrade eToro Benchmarking: Zulutrade and eToro are two of the great platforms of social trading and will give much to talk about. Both are very popular in the world of Forex, these provide a connection between professional traders and investors who want to have their trading accounts in the best possible hands.
Let’s compare both platforms (Zulutrade eToro) to see where we can actually make money by copying the signals of the best traders. (zulutrade etoro benchmarking)
Demo Account Zulutrade and eToro
Both platforms (Zulutrade eToro) of Social Trading allow to open Demo Accounts before operating with real money. Zulutrade and eToro have a great simplicity in the creation of Demo accounts and in 2 or 3 minutes you can be with your account prepared to operate.
Real Account Zulutrade and eToro
Zulutrade allows you to use many more brokers to operate through its platform. Currently more than 50 brokers are allowed but also have its own integrated broker, AAAFx that offers the best execution of operations.
On the other hand, eToro acts as a social platform and also as a broker, leaving a single broker to choose, themselves. This causes commissions to be paid for each transaction in eToro to be disproportionate due to lack of competition among brokers.
Real profits of users
This is the big question, do the users of these platforms really make money?
In Zulutrade there are many real users who earn money, in fact, in Zulu4me we have the ranking of the followers who earn more money by copying traders in Zulutrade. If you open your Zulutrade account through Zulu4me (it’s free) you can see what traders are copying to achieve those benefits. So, you can copy exactly the same portfolio as them!
In eToro it is not possible to know who makes real money, but our experience tells us that in the long term it is almost impossible to win in eToro because of the high commissions and low level of their traders. In Zulutrade it is usual to see traders who have been earning money for years, in eToro most traders have only been operating for a few months and that does not give us any confidence.
Costs of social trading
In both cases (Zulutrade eToro), social trading platforms are free and do not require any type of payment. The profit takes it out of the spread. That is, the commission you pay for accessing the market through a broker.
In this case, eToro has spreads close to 3 pips for the EUR / USD and Zulutrade will depend on the broker used. In Zulutrade you can use ECN or STP brokers that have direct access to the pool of liquidity in the interbank market. In any case, when using a broker other than AAAfx you risk increasing your slip and ending up paying a similar amount to AAAfx. We recommend you look closely at this Zulutrade broker ranking.
Zulutrade is cheaper than eToro although depending on the broker used with Zulutrade this could be more expensive. Remember to look at our broker ranking before choosing! (Platforms analyzed: Zulutrade eToro)
Both eToro and Zulutrade have good traders in their ranks. EToro bets on traders operating on its platform, which reduces the number of traders. In the case of Zulutrade, there are many more traders to choose from, but the official Zulutrade Ranking usually offers a poor selection that is renewed too often.
In Zulu4me we know well the problem with the Zulutrade Ranking, that’s why we analyze more than 100,000 traders every week to choose only the best. Many of the best traders are hidden in the bottom of the Ranking.
Utilities for users
Zulutrade allows you to see the full history of each trader and also see the details of each transaction. EToro is not too transparent with trading history and we never know exactly how the trader we follow works.
Traders in eToro can be displayed through 5 indicators and 2 charts. In Zulutrade traders can be seen with 12 indicators and 8 charts. Again, greater transparency of Zulutrade data.
EToro does not have a trader simulator or trader portfolios, only in VIP cases. The social platform of Zulutrade allows simulations of all types, even using slippage in the simulation.
In both trading platforms (Zulutrade eToro), you can comment on traders and traders can communicate regularly with investors.
Finally, Zulutrade has the margin call-o-meter, a tool that automatically adjusts the risk of each trader you copy avoiding unnecessary losses. In addition, now has Zuluguard, another tool that limits losses by operation making your account is safe.
In both cases they have online chat, mail and telephone support. In addition, in eToro you can have a personal manager if your account is more than $ 20,000. Remember that when opening your Zulutrade account using Zulu4me you will also have a personal advisor whatever your capital.
It can be seen that eToro is a broker who has bet on social trading, but that this is not its natural terrain.
On the side, Zulutrade is a website born exclusively for social trading and has created a strong community at its side. Currently in Zulutrade, more than 250,000 traders from all over the world have registered to share their operations. If you want to see which traders have earned most money for their followers use our ranking. (article: zulutrade etoro benchmarking)
It is for this amount of good traders that Zulu4me analyzes Zulutrade daily. So you can copy the best traders in the world and get good returns. (article: zulutrade etoro benchmarking)
Zulu4me is free, you just have to open a Demo or Real Account through ours to have the best traders in the world operating for you.
To create a Demo Account:
- Open a Demo Account in Zulutrade here, we help you: Open Demo Account
To create a Real Account you have two options:
- Real Account with AAAFX broker (recommended): Open Real Account (AAAFX Broker)
- Real Account with other brokers: Open Demo Account (Others Brokers)
You have more information in our section on Zulutrade.
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