The best eToro alternative
The best eToro alternative
Let’s go to analyze the best eToro alternative. Currently, Zulutrade and eToro are the largest copy trading platforms. Both platforms allow you to copy, automatically, the operations performed by other traders and replicate the movements in your own account. Today it is possible to let your account grow without having to be in front of it, watching how the trend rises or falls.
It is true that recently eToro has attracted many users, but Zulutrade has attracted the most demanding investors because of its experience. In this blog, we evaluate the reasons why we consider that Zulutrade is the best alternative to eToro.
If you browse the internet, you will probably find a multitude of comparisons between both platforms. Most web pages agree that your choice should be subject to your preferences or needs.
We are going to focus on that platform that allows to copy large traders in a simple and understandable way, in order to get the best possible management of the money invested.
First of all we will focus on the reasons why Zulutrade has become the best eToro alternative.
Reason #1
Zulutrade is more dynamic
One of the main characteristics of the traders that make up both platforms is the term of action.
In the case of eToro, the traders operate rather in the long term compared to the traders offered by Zulutrade. If your goal is to earn money through copytrading, you will be interested in depositing your investment in a more dynamic environment with more movement.
For this reason, in Zulutrade you will find traders that operate rather in the short term, avoiding leaving their positions open many days or even months, unlike eToro.
In eToro, most traders use a buy and hold strategy. This way of operating can give good results in a market with bullish trends, but loses when the market changes its direction. In Zulutrade, the traders are betting on both sides covering themselves against the falls of the stock market.
Reason #2
Zulutrade has more control
Many agree that eToro is a platform for beginners due to the fact that it is not possible to configure certain key aspects for the professionals of the stock market. (Zulutrade best eToro alternative).
Using the automatic configuration that eToro offers is not always the best option. This aspect is very important when we talk about the lots that you assign to each trader. In eToro, the percentage you risk in an operation is the same as the percentage that the trader risks. On the other hand, in Zulutrade, you can risk much more or much less, assigning manually the lots you want.
Reason #3
In Zulutrade you can leverage more
If your goal is to make money, you cannot ignore this option. You are interested in being able to leverage in case you see an operation very clear. Comparing the platforms there is a huge difference. Zulutrade is the best alternative to eToro because it allows you a greater leverage.
Most probably, analyzing these three reasons, you ask yourself the following question: And what about the RISK? Let’s see it below:
Reason #4
Zulutrade has many tools to control risk
In Zulutrade you choose how much risk you want to take. If you assume a little more risk, you can look for high returns. On the contrary, you can use fewer lots and have risks similar to those of any other stock market investment, or even less!
Zulutrade is the best alternative to eToro, since it offers tools such as ZuluGuard with which you can set a stop-loss (stop losses) and take-profit personalized (ensure profits). In addition there are other innovative tools such as margin call-o-meter. This last tool assigns, automatically, the necessary lots to assume the level of risk that suits your needs.
Reason #5
Zulu4me as a tool to invest in Zulutrade
The advantage of being able to count on the assistance of Zulu4me to invest in Zulutrade is, in particular, that we eliminate the dangerous traders / Iceberg. So, you can copy the traders you consider appropriate with the peace of mind that they use a robust and reliable strategy.
Additionally, at Zulu4me we are statistically analyzing more than 250,000 traders every day to obtain the best Zulutrade traders according to our algorithm.
Do you remember that there are traders with a good track record that, suddenly, one day they plummet? If you operate through Zulu4Me, you will avoid finding this case, since you can see our rankings and select only the best, not only in terms of performance and benefits but also in terms of confidence. Subscribe to our newsletter to get more information.
In addition to offering updated rankings daily, you can also count on a personal advisor who can guide you in everything you do in Zulutrade. We are experts in Zulutrade and we have been working for more than 5 years to offer you the best of Zulutrade. There is no similar service for eToro.
In conclusion, if your goal is to increase your profits, you must choose Zulutrade as a copytrading platform.
To prove it yourself, you can open a demo account on both platforms simultaneously and see which platform you feel most comfortable with.
Remember to open the account in Zulutrade through the rankings that Zulu4me offers you. (Important: Zulutrade best eToro alternative using Zulu4me).
Do not forget to share or leave your comments, it helps us to know your preferences and needs to provide better content. Thank you!
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Here you can find all our post about ZuluTrade
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- Why DJXCapital trader is not recommended by Zulu4me?
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- Analysis: Ranking Traders Zulutrade
- Analysis: Portfolios for Zulutrade
- Profit Distributing Accounts
- The best traders for small account on Zulutrade
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- The best eToro alternative
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