NEW YORK--(BUSINESS WIRE)--ZuluTrade.com, the largest Forex automated social trading exchange, which enables users to reduce the influence of emotion on trading, announced today their partnership with FXCM Russia, the leading capital market broker.
ZuluTrade’s server-based trading that does not require customers to even have their computer on for trade execution is now coupled with FXCM Russia’s trading advantages that include: the Price Improvement feature, Anonymous Trading capability and the Marketscope benefits that include 600 indicators, Forex charts and email/SMS alerts.
FXCM Russia traders can now utilize ZuluTrade’s trading engine that requires no human intervention. Its system receives trade recommendations from top signal providers and then reviews which of these experts a user is subscribed to. The system then automatically decides if an autotrade should be executed via a secure connection to the user’s broker. The experts that FXCM Russia clients choose to follow are all thoroughly vetted by ZuluTrade, which performs a detailed analysis of each trader’s historical performance based on profit and loss results, time active, drawdown data and numerous other factors.
“FXCM Russia is our latest addition to ZuluTrade’s ever-growing portfolio of leading capital markets players,” said Leon Yohai, Founder and CEO of ZuluTrade. “Both companies emphasize on making Forex trading user friendly and accessible for: ZuluTrade through its automated system and FXCM Russia via their comprehensive training system. We also highly value FXCM Russia’s focus in offering a fair Forex trading experience by implementing a No-Dealing Desk solution, struggling to achieve tight spreads for traders and imposing no restrictions on entry, stop and limit orders; similarly, ZuluTrade requires no third-party wire transfers or minimum investment.”
ZuluTrade is now executing trades from clients in 183 countries. ZuluTrade is the preferred online and mobile platform for the 17,000 live accounts of foreign exchange (Forex) traders around the world. Traders keep all funds in their personal brokerage accounts, which may be withdrawn at will, while trades are performed seamlessly in the trader’s own accounts, regardless of which brokerage firm the trader holds an account with.
About ZuluTrade
Founded in 2007, ZuluTrade is headquartered in Athens, Greece, with branch offices in New York, Hong Kong and Shanghai, and has a team of 60 people. ZuluTrade has 17,000 trading clients in its online network, and a trade volume close to $150 billion USD globally. For more information visit www.zulutrade.com
About FXCM
FXCM is one of the largest Forex Brokers wordlwide, with over 173,000 tradable accounts from over 180 countries, and customer support available in over a dozen languages. FXCM boasts numerous awards from the investment community, including Best Retail Foreign Exchange Platform and Best Foreign Exchange Specialist. For more information, visit http://www.fxcmrussian.com/