I haven’t done an official study, but I think the number of forex copier reviews out there is between the grains of sand on the earth and stars in the sky.
It isn’t hard to find real forex copier sites, but it’s nearly impossible to find unbiased reviews of them.
I’ve been in the forex copiers for more than a decade and I’ve learned that the best thing you can do is to find traders with solid performance and long experience trading and also experience how to recover after a loss.
Be honest that you’ve actually tested the forex copier you’re reviewing. Dig beyond the numbers and test what real traders and followers will deal with before they deposit their hard-earned money.
Keep reading to discover:
Forex Copier Reviews: Signal Guide
In this series of Forex Copier Reviews, we have reached ZuluTrade’s experienced trader Signal Guide.
Many ask the same question over and over: who are the best Forex Copiers worth following?
Today I’m going to introduce the 239th Zulu Rank trader for you to copy, namely Signal Guide.
I honestly believe that this trader has everything for you, for your wallet and for your success. Follow me and you will find out all that you need to know about this successful trader.
Be sure to go through all details before choosing any trader, go ahead and view Signal Guide’s historical trading performance on ZuluTrade over here.
Signal Guide Review
Facts about this trader:
|Name: Signal Guide
Zulu Rank: #239
Amount Following: $180,225
Total Profit: 30494 Pips
Described Forex Trade Copier Service strategy for Signal Guide:
- The strategy consists in the daily study of the market pattern plus the general information of each currency.
- The duration of operations is short, medium and long term according to market conditions.
- Recommended lot sizes are mentioned in description: The trader recommends 0.01 lot for every 1000 USD of capital.
- More important than the stop is to configure the lot volume according to your capital.
- The trader states that it is very important that you are clear that the results are measured monthly.
- This trader is not promising a “holy grail and he seems to be very realistic: “The drawdown is part of forex otherwise it would not be necessary capital.”
- Signal Guide is warning his followers: Be careful if you follow more than just ONE trader on your Zulutrade account –
“Our strategy works for this signal, if you follow more providers you have to have more money so that you do not reduce the free margin and the operations do not close at a certain moment in negative.”
- Fixed: You will need $1,600 to copy all Trader’s positions with 1 micro lot each and 100:1 leverage.
- Pro-Rata: You will need $80,000 to copy all Trader’s positions with 100% ratio and 100:1 leverage.
This trader has a really impressive set of details for starters. He has been active on ZuluTrade for over 211 weeks (at the time of the writing) and it is obvious that he is definitely a senior trader and seasoned trader which is worth following any time. He usually prefers both manual and automatic trading, but he prefers using a direct, live and manual trading account because he is placing orders very fast and manages them even faster and tracks only high scores for the benefit of the follower. He has all the necessary experience in the financial management branch. This experience lifts our series of Forex copier Reviews to an entirely different new level based on well-developed strategies that he implements on a daily basis.
He has an astonishing profit of 30,494 Pips, which makes him an amazing option on anybody’s list.
He is followed by an incredible number of 365 investors which means that he is trusted by many market participants and it is more than able to bring strong results.
A negative aspect is that he has some losses and this needs a little bit of care, but it is more than clear that the positive side is far stronger than the negative side.
The average pip gain for this trader stands at 21.9, which is amazing and means a lot for the followers as well. This trader opens a maximum 25 trades at once.
He currently has a maxim drawdown of 7K Pips which is rather good, but at least he shows potential in jumping above this negative ratio fast.
Final Verdict – Is following Signal Guide a good idea?
I think Signal Guide is a very solid performer on Zulutrade and he definitely needs to be given a try. I would respond: 96% Yes – 6% No!
SignalGuide looks like he can keep your profits up and he takes tiny risks and also uses a small-return approach. He usually makes use of EA, which is somewhat good especially when the trading markets are on a high movement, but immediately steps in on manual to protect your investments.
He is definitely a great example for the trading community as well as for the Forex trade copier service.
Short- term investors looking for a quick profit, run the risk values might end up having their funds erased quickly so use a lot of caution.
Always choose the long manual run because long-term investors always benefit from fluctuations.
Which broker is safe with your money?
Be always very careful when choosing a broker. I spent a long time finding a good one, and afterward, I have not been looking any further. I kindly ask you to check out these 5 steps to find a trusted forex broker.
I personally use AAAFx and you read more about why I like this company – check out a good broker review here. We have also reviewed many other Forex copier services here. Hopefully this series of forex copier reviews are helpful for you. We would like if you like, comment and share this post with your friends and other like-minded traders out there!
Are you not convinced if Signal Guide is the best trader to follow for you?
Not everyone likes the same kind of traders to follow and I completely understand that you may have other preferences. I have made a longer article with my 21 favorite traders in 2019 here.