Zulutrade with 100$

Am new to forex trading…can i begin with 100$ or something in zulutrade automated trading…? please share your experience and suggestions…

I don’t think $100 is enough to start trading, no matter what lots you are trading. You’re undercapitalized with that. Read the school of pipsology on this website for more.

If you change the setting to fixed size lot of .01( micro lot) and no more than 3 trades at a time, you should be OK. but make sure your provider have low draw down.
but which broker has a min of 100$ for new accounts?

I use Oanda. Started with $50. With them you can trade as little as one unit of base currency. I don’t think you can use zulu with them though.

That’s what I ment, they have a list of Brokers they deal with, and I think they are all using mt4.

And I think it’s only certain brokers isn’t it? Not even all mt4 brokers?

I think both FXCM, and IBFX have micro units where you can open an account for 100 bucks…

UEs they are FXCM, FOREX,FXDD and IKON GM.
now ZULU trade charges you 1 pip commission, but some brokers add that to the spread I know for a fact that FOREX added about 7 pips spread to my live(compared live vs live with zulu).
Here is my idea for zulu , open an account and pick the best providers then sign up as a provider and sell you signals to other zulu traders… make more $$$ :wink:

I would have to say zulatrade is extremely risky my friend. Get a demo account and see for yourself.

Ha! That’s BRILIANT! :smiley:

My demo’s working fine and winning as well.I suppose if you choose wisely your providers and the corresponding lots, things can worked out pretty sweet :18:

What else you can do is to try the alchemy settings. You can choose to follow some other follower performance – see they ROI analyzed, % wins and losses, worst/best trades, see the broker they are working with and be able to copy the settings of Signal Providers they follow. Decide how risky you are willing to be and play it out!