ZuluTrade was founded in 2007 by Leon Yohai, and created in response to the non-existence of a web-based platform that could audit traders globally and at the same time; enable traders to share their knowledge with people interested in their strategies.
The ZuluTrade Platform bridged the gap between valuable information in money markets and trade execution by converting the advice of some of the most professional and talented traders globally, to a service which can rapidly execute trades. An additional advantage of the Platform is that it provides the ability and ease of driving selected trades to broker accounts of the interested parties. The concept of ZuluTrade is to offer an open environment, where traders on a global-level can connect any trading platform and share their knowledge.
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So, what is ZuluTrade?
Binary Options by ZuluTrade
The ZuluTrade platform was created due to the non existence of a web platform that could audit traders globally and in the same time, to share their knowledge with people interested in their strategies, enabling them to drive their trades to the broker accounts of the interested parties.
There were a number of challenges. The existing autotrading technology did not allow trading multiple accounts simultaneously, since scaling problems could occur on the broker's side. We sat down with the brokers and redesigned the APIs (in some cases ZuluTrade developed APIs of its own) in order to accommodate all demands in large scale. We developed from scratch the API for the MT4 platform since Metaquotes did not provide API. In addition brokers offered non-functional APIs, which had to be redeveloped in order to effectively accommodate multiple accounts all at once.
The concept of ZuluTrade is to offer an open environment, where traders can globally connect to any trading platform and share their knowledge, in addition to receiving a commission every time someone uses their expertise to a live trade
ZuluRank is a proprietary algorithm that ranks a trader, by analyzing different factors, such as the amount of trading activity, the drawdown of each trade and the entire PnL, how often the trader logs in, the age of the signal provider, the amount of time a trade stays open, the sharp ratio, and many other factors.
Signal Providers use ZuluTrade's trading station to create a trade or it can be done through their MT4 trading station. In any case ZuluTrade drives the trade to the main core.
ZuluTrade captures those trades and checks the number of LIVE accounts subscribed under each trade received. In milliseconds, ZuluTrade submits, through secure connections, the trades to the supported Brokerage Firms.
Leon Yohai Founder & CEO
Leon Yohai was born in Athens, Greece in 1974, and began his entrepreneurial career when he founded fleamarket.gr, Greece's first and largest e-auction website in 1999. In 2001 he founded
InternetQ SA, the company that introduced premium text messaging billing in Greece, with more than 1.7 mil. subscribers. He acquired 40% of the Greek
mobile market and $23 mil in annual revenues. Leveraging his knowledge of the wireless digital media industry, Leon came to the United States to launch
Qmobile, a mobile entertainment startup that quickly gained 25% of market share in the first 3 months of its operation in the US. QMobile has hundreds of
thousands subscribers, and over $20 mil. revenues for 2006. Leon has been trading futures for his own account, in equities and money markets since 2000, and recognized
a need for a service for individual traders, who have busy schedules and cannot follow the rapidly changing markets, yet need total control of their funds.
As a result, in 2007, ZuluTrade was born. Leon is also a big supporter and an early investor on the AirBike project. Apart from being busy, Leon enjoys paragliding, skiing,
and go kart driving