Question: Who started the service of ZuluTrade? Is it the first ‘social’ auto-trading platform?
ZuluTrade was born out of a need to help traders who were pressed for time. It was developed by former trader Leon Yohai, who found he couldn’t follow the markets with as much commitment and analysis as he liked.
So Yohai created a system that enabled him to keep control and ownership of his trading account, but where he could also follow the actions of other traders.
This is the key benefit of ZuluTrade: to be able to copy the strategies of successful traders.
Professional traders also benefit – they get the chance to reap the rewards of their know-how. Through these and other innovations, ZuluTrade became what is known as the first ‘social’ auto-trading platform.