Moneta Markets Bolsters Its Social Trading Offering With the Launch of Its Zulutrade Integration

Leading Forex and CFD broker has announced the launch of the popular ZuluTrade platform, in a partnership that enables automated social Forex trading 24 hours a day without the need to be in front of a computer, where clients can copy the trades of professional traders.

We caught up with the broker’s founder, David Bily, to chat about Moneta Markets’ partnership with Zulu.

Moneta Markets already offered social trading through Duplitrade, so what spurred the decision to partner with ZuluTrade?

“We have always intended to offer clients access to ZuluTrade, simply because it’s the largest automated peer 2 peer social trading platform out there, however we wanted to ensure we were set up to really get the most out of it. Having recently finalised the launch of a range of new products and making significant improvements to our trading infrastructure and pricing, it was time to switch our focus to the Zulu integration.

“Over the past 12 months we have seen substantial growth in not only the number of clients we are onboarding, but also a significant increase in trading volume, and naturally, this has also led to increased interest in various new products and services, one of which is ZuluTrade. With a massive network of 40,000+ users, our clients can now also have the option of following the top-performing signal providers from all over the world, whether as a method of diversification or as a stand-alone investment strategy, particularly for those who are short of time.

“By introducing an additional platform that allows clients to trade and invest without requiring the need to constantly watch the markets, we are opening the door to an additional category of traders who want to dabble in the markets, but may not yet have the know-how.

It’s an ideal starting point for Forex beginners, as social traders do not need a background in finance or trading experience because they aren’t following price charts or technical indicators, they’re following people who have a proven track record trading forex and other markets – people who are ranked based on their performance which is visible to all ZuluTrade users.

Traders’ profit and loss data over a given period is visible to everyone on the platform, so this allows people to choose the traders they follow based on an informed, educated decision based on real-life trading history.”

In the three years since Moneta Markets’ inception, we have seen them go from strength to strength, and as the broker continues to assert its dominance in the industry, we look forward to seeing what’s next as the year wraps up and we head into 2023.

About Moneta Markets

Regulated in multiple jurisdictions worldwide, Moneta Markets is an international STP and ECN Forex brokerage company dedicated to providing industry-leading Forex trading services and exceptional trading conditions. With a heavy focus on providing a transparent trading environment, Moneta Markets offers a wide range of deposit and withdrawal methods along with rapid execution, ECN spreads from 0.0 pips and 1000+ tradable products including Currencies, Indices, Commodities, Share CFDs, Crypto CFDs, ETFs, and Bonds.