Social trading exchange ZuluTrade partners with forex broker Finotec

Source: ZuluTrade

ZuluTrade.com, the largest Forex automated social trading exchange, which enables users to follow the trades of audited traders according to their real performance, announced today their partnership with Finotec, a leading broker in Forex.

ZuluTrade's automated trading platform, that reduces the influence of emotion on trading and does not require customers to even have their computer on for trade execution, is now coupled with Finotec's trading advantages that include: straight through processing, one-click market orders execution, partial closeout, real time charts and SMS prices alert.

ZuluTrade offers Finotec traders a new opportunity to realize Forex trading profits. ZuluTrade operates as a social network that constantly ranks its top performers on a variety of criteria. This proprietary real-time ranking evaluates individual traders' data such as profit and loss, drawdown data, and length of time on ZuluTrade. These top traders are ranked in order to allow ZuluTrade customers to individually select traders to follow, while the ZuluTrade system performs automated trades that exactly mirror those of the selected experts. Finotec traders who utilize ZuluTrade are not required to login or perform any action to complete the automated trades.

"Partnering with Finotec is a natural step for us in our pursuit to make our trading platform available to an ever growing international customer base", said Leon Yohai, Founder and CEO of ZuluTrade. "Finotec, just like ZuluTrade, is on the client's side as it routes all transactions to banks and other market makers, ensuring there is no conflict of interest and customers are treated fairly. Also, we at ZuluTrade are eager to embrace Finotec's values, Excellence - Proficiency - Leading edge - Reliability, which also reflect our client-focused mentality.

Finotec's long term investment in technology research enables it to offer the fastest execution in trading transactions; by means of its algorithms that can execute transactions in milliseconds and ensure that traders get the price they have requested. Finotec also lowers barriers to entry in Forex trading by enabling the opening of Mini accounts with as little as $200 and by offering trading education, an example of which is its comprehensive online tutorial program.

With ZuluTrade, traders keep all funds in their personal brokerage accounts, which may be withdrawn at will, while trades are performed seamlessly in the trader's own accounts. ZuluTrade is the preferred online and mobile platform for over 23,000 live accounts of foreign exchange traders around the world, executing over $10 billion in real trading transactions monthly.

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