Sort Signals by Profit
ZuluTrade offers hundreds of signal providers for you to choose from. Providers receive a compensation of 0.5 pips for each lot traded from their signals. They are therefore incentivized to have a consistently good performance so they can maintain and attract more subscribers.
But what makes a good signal provider?
To get started, FXCM suggests that you:
- Choose signal providers with positive reviews, high rankings, and a strong live following.
- Select a provider with consistent monthly profits1 and a low max drawdown.
- Diversify signals across different currency pairs to lower your exposure to potentially volatile news events.
1 Past Performance: Past Performance is not an indicator of future results.
Hypothetical/Simulated Performance: These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown. Simulated or hypothetical trading programs are generally designed with the benefit of hindsight, do not involve financial risk, and possess other factors which can adversely affect actual trading results.ss other factors which can adversely affect actual trading results.