ZuluTrade

ZuluTrade

Company type	Private
Industry	Financial technology
Founded	2007
Founder	Leon Yohai, Kosta Eleftheriou
Headquarters	Athens , Greece
Area served	Global
Products	Social trading platform, copy trading services, ZuluGuard, ZuluScript
Number of employees	120 (2013)
Parent	Finvasia Group

ZuluTrade is a financial technology firm based in Greece that offers an online and mobile platform for social and copy trading. The service allows users to mirror the trades of experienced forex traders, utilizing collective market knowledge. Established in 2007 by Leon Yohai and Kosta Eleftheriou, the company is headquartered in Athens and operates as part of the Finvasia Group.

By 2014, ZuluTrade had attracted approximately one million users and supported a trading volume exceeding $800 billion, highlighting its substantial presence and expansion within the fintech sector. Its status as a regulated entity within the European Union strengthens its competitive positioning and dedication to regulatory compliance on a global scale.

History

Founded in 2007 by Leon Yohai and Kosta Eleftheriou—who departed in 2008—ZuluTrade originated from Yohai’s development of software that utilized FXCM’s API to automate copying of trading strategies. The beta version was launched in 2008, and by 2009, the platform featured over 4,500 trader profiles available for replication.

In 2011, ZuluTrade earned a spot in The Daily Telegraph's "Start-Up 100" list for Finance, Payments, and Ecommerce sectors. The platform introduced innovations such as enabling users to follow other followers and implemented profitability requirements for signal providers to qualify for compensation. A website overhaul in 2012 incorporated new functionalities including ZuluGuard. By 2013, the workforce had grown to around 120 employees, with customer support comprising about 40 staff members.

The company extended its operations into Japan in 2014 through the acquisition of Market Crew Investment Advisor Co., Ltd., collaborating with regional brokers like Arena FX. In 2015, ZuluTrade obtained an EU Portfolio Management License, officially becoming a licensed portfolio management entity within the European Union. In 2019, it launched Macaso, a Japanese copy-trading service developed alongside broker Excite One. By 2020, ZuluTrade was operating under regulatory oversight in Japan, the EU, and the United States.

Finvasia Group acquired ZuluTrade in December 2021. Finvasia is a multinational financial services organization with a presence across Europe, North America, and the Middle East, serving clients in over 150 countries through various subsidiaries and governed by multiple regulatory bodies worldwide. In November 2022, ZuluTrade removed profit-sharing fees from investor accounts as part of its strategic initiative to increase user value.

This acquisition and integration into Finvasia’s network underscore ZuluTrade’s continuous growth trajectory and expanding influence within the social trading marketplace.

Integrations and Partnerships

Throughout 2023, ZuluTrade significantly broadened its platform integrations and forged new partnerships to strengthen its market footprint. In February, the company incorporated MetaTrader 5 and ActTrader into its offerings, thereby expanding the range of platforms available to traders. The subsequent month saw a collaboration with Seychelles-based FxCentrum, alongside the addition of X Open Hub to its suite of trading platforms. By July, ZuluTrade had established a partnership with Hextra Prime, a broker specializing in Forex and CFDs. Moreover, in March 2023, ZuluTrade secured authorization from the Financial Services Commission (FSC) of Mauritius (Licence No. IK21000018), enabling it to provide wealth management services and marking a key milestone in its international growth strategy.

Service

ZuluTrade delivers a social and copy trading environment that allows clients to mirror the trading tactics of seasoned forex professionals. Its community consists of signal providers—traders who share their strategies—and followers who replicate these strategies or portfolios curated by other users. Compensation for signal providers is performance-based, tied directly to the profitability and appeal of their trading approaches, ensuring alignment between rewards and results.

The platform offers several advanced tools such as ZuluGuard, which automatically ceases following signal providers if there are substantial changes in their strategies, and Lock Trade, which enables users to confirm trade execution after receiving signals. Community interaction is encouraged through features like comment sections and discussion forums. Additionally, ZuluScript empowers users to develop automated trading scripts for Expert Advisors (trading robots), facilitating highly customizable automation capabilities. ZuluTrade also supports a social trading platform dedicated to binary options.

Users benefit from investor performance rankings that enable quick identification and replication of top-performing traders. A simulator tool provides valuable insights including cumulative profits, margin call warnings, and the option to download trade data spreadsheets—tools designed to enhance decision-making and risk control within the platform.