ZuluTrade Traders (Signal Providers) to Copy and Follow
Here we discuss some of the traders (signal providers) which you can follow and copy in your ZuluTrade demo account. We include these here for educational purposes only and these do not constitute in any way investment advice. We are not saying these are the best or top signal providers on ZuluTrade. What’s top or best will totally depend on your own investment goals which you need to discuss with your own independent financial advisor. We merely show how you can make an opinion of a signal provider based on some criteria you may have. In addition you may also consider having a look at our ZuluTrade Signal Provider reviews which you may find useful too.
The full thought process we go through when selecting ZuluTrade signal providers can be found in our tips section. In summary we:
- look for Signal Providers with a proven profitable track record (ideally > 12 months)
- traders with low historical drawdown
- prefer traders who manually trade the market to those running an EA (automated system) and if they do, try to identify whether the trader will adjust or intercept their EA when the market requires too
- like to look for short term strategy signal providers who manage their stop levels closely and open a limited amount of trades (which reduces drawdown)
- have a higher preference to following ZuluTrade traders who trade with their own money
- look for signal providers who have a clear description of their strategy and whose trades actually match their strategy. A bonus for those who actively keep their ZuluTrade followers informed on their approach and market view.
Last Updated: April 2017
SwissRunners has been running on ZuluTrade for almost 2 years, and we mentioned them here for pretty much that duration. And in fact this is the re-incarnation of the SwissRunner which ran pretty successfully on ZuluTrade for almost 100 weeks before the account blew when the Swiss central bank removed the peg to the Euro on January 15th 2015.
The new SwissRunners pretty much applies the same strategy as the previous one (which we reviewed in detail in June 2014) with so far pretty much the same results. Positives are 9.4 average pips profit per trade and positive results for most months. SwissRunners has also made some decent returns for their top 5 followers (> $35,000).
On the other hand, these results have been achieved against a very high open trade drawdown of over 2,600 pips. Maximum open trades so far has been 15, though SwissRunners actually suggest to limit it to 12 in one of their older status updates (their previous SwissRunner strategy suggested a limit of 18). Nevertheless future periods of high drawdown are highly likely with this strategy.
And obviously central bank intervention can still always happen on this pair (though cannot seem them re-introduce the Euro peg in the short term) and hence it’s important to monitor open trades and book profits (which you can now more easily do using ZuluTrade’s new Automator tool).
SwissRunners is sending their signals from a demo account, but is following their own signals from a live ZuluTrade account. From their ZuluTrade profile it looks like this trader is based in Switzerland, which should normally help with trading the news events and fundamentals.
When reviewing this trader’s profile you may also notice the ZuluTrade notice “High follower slippage!“. Because SwissRunners only trades the EUR/CHF currency pair, this is likely to be caused by spread differences on this pair between the various brokers (spreads differ more on less common traded pairs like this one). Hence it’s worth comparing your own results carefully.
With over 2 and a half years of trading history on ZuluTrade, vcxvcvds2222 (yes easy name!) is a fairly seasoned trader on the network. What’s very impressive is that over the past 2 years they booked a profit in every single month. Of course this is never a guarantee that this will continue though it’s obviously a very positive statistic.
Because the first months results were exceptionally higher than the others, it’s best that for analysing some of the other metrics we take out this month. So instead of looking at the whole period, let’s look at the results over the past year alone.
Over the past year, vcxvcvds2222 made about 1347 pips against a maximum drawdown of 254 pips. These number are pretty good. Average pips gained per trade was 6.7, which is still decent, though take into account that if you would experience high slippage this may impact your results significantly. Also worth noting that because we only looked at the past year, hence not taking into account the exceptional good first month(s) the average pips per month went down from 10.2 to 6.7.
The maximum number of open trades of 6 and clear use of stop levels also seems to suggest risk is closely managed. This ZuluTrade trader has also made over $10,000 in live follower’s profit and has a rating of 4 stars (out of 5).
They do trade a wide number of instruments which sometimes means higher slippage on the more exotic pairs as spreads differ between brokers. The slippage chart seems to confirm this as on some brokers slippage is almost 3 pips which would mean that your results would be almost 50% less positive. So again please check your live results with the results of this trader’s ZuluTrade profile in case you would follow vcxvcvds2222 with real money.
This trader does send their signals on ZuluTrade via a demo account so except for risking their future commissions and reputation, it doesn’t look like they trade using their own money.
This trader has only been on ZuluTrade for just over a year but in this period managed to become one of the most popular traders in terms of live money following them.
At the moment they also have a feedback rating of 4.8 out of 5 which is exceptionally high, seeing as followers tend to rate down traders very quickly in periods of drawdown.
When you look at the overall profit graph and monthly results, it’s clear that the performance not has been extremely smooth. However over 10,000 pips against a maximum drawdown of -2,000 pips is very reasonable. But the statistic in MarioBros ZuluTrade profile which stands out the most for me is the average pips return of +44.2 per trade. This is very very good!
This trader is also sending their signals from a live trading account, so they’re risking their own money … something which always builds a bit more trust. MarioBros has also made over $33,000 of profit for their live ZuluTrade followers and provides regular status updates.
Their strategy is a bit more medium terms though with trades left open for quite a while. This obviously means periods of open trade drawdown are to be expected.
60 weeks is also still a fairly short time period to fully evaluate a trader. But if MarioBros (no points for guessing the game this trader played when they were young) keeps up this performance for a few more years they might just save the princess
This trader is at time of this update ranked #224 in the ZuluTrade ranking, but they’ve been ranked as has as #2 and still have a large amount of live money following them. And a trader which has posted 30 consecutive profitable months like “rjhgbjsdb” (another easy name!) cannot really be ignored from being mentioned here.
Because we have the hindsight of having mentioned rjhgbjsdb here before it’s worth noting that they no longer mention their profit targets, stop levels and expected drawdowns in their strategy description. In the past rjhgbjsdb mentioned a target maximum of -600 pips and for most of the time they stayed within that target. However in January 2016 their drawdown went over -1,500 pips before the market turned again in their favour. The same happened in November 2016 as well. They also opened more trades than they usually do during those months.
Anyone who reads our tips and has followed this page a lot will know we always mention that historical drawdown and even the expected drawdown mentioned in strategy descriptions should only be used as a guide. It’s always possible a trader changes their strategy. Hence why regular monitoring is important.
In terms of rjhgbjsdb, while a 30 month winning streak obviously looks attractive there are a few things to consider. Firstly, they only send their signals from a demo account – i.e. they don’t risk their own money on the trades, just their potential future earnings/commissions. Rjhgbjsdb also only made about $10,000 profit in total for their top 5 ZuluTrade followers. Based on the very consistent trade history this may sound a bit surprising. However investors may clearly feel the relative low monthly returns don’t warrant risking high investments for the potential risk.
And yes, if you just look over the past year’s performance you’ll notice that the average monthly returns were just under 200 pips against a drawdown of over -1,500. I.e. the risk taken for the relatively low returns clearly make this trader less attractive. Average pips per trade return over the past years was also only 2.9, which, once you take into account any slippage means very little.
In addition to the above more established signal providers, here are some newer ZuluTrade traders on our watchlist which we hope to review once they’ve been trading a bit longer and maintain their current performance and risk management approach:
As mentioned above, you may want to have a look at our detailed ZuluTrade trader reviews as well. These will give you some further ideas on what to look for when you analyse the traders you consider to follow.
Please be aware that past results are not necessarily indicative of future ones. When trading on ZuluTrade (or other social trading networks) you may lose some or all of your initial investment. Never invest money you cannot afford to lose as there’s no guarantee against loss.