BlackBull Markets Partnership with ZuluTrade
Clients of BlackBull Markets can now take advantage of the ZuluTrade algorithm to customise their trading strategies. ZuluTrade allows investors to mimic the trading strategies of other registered currency traders from 192 countries. The company has been one of the major players in the social trading segment of the retail industry for several years.
Established in 2007, the firm mainly attempts to sell its services to newer traders who, lacking the requisite knowledge to trade themselves, can follow professional traders and copy the positions they take. At the time of publishing, the transaction volume in United States dollars for ZuluTrade’s live accounts exceeds $1 billion.
Clients of BlackBull Markets can choose which trader’s strategy they would like to copy using the “ZuluRank” which ranks each trader using a number of criteria. This includes overall performance, stability, maturity, exposure, minimum equity required and other performance metrics.
Furthermore, clients can view their risk exposure through the “Margin-Call-o-Meter.” This is an indicator which is designed to help traders determine whether the chosen parameter settings put their account at risk for a margin call.
For more information on how to connect your Account, watch the video below:
For any questions, please contact our team on email@example.com
Partnerships Team at BlackBull Markets
The Euro sees its longest streak in 15 years on the back of Christine Lagarde, announcing that the ECB will provide an extra $1T in stimulus to combat the effects of the Coronavirus. The Euro against the USD has spiked to 1.127 to just under 1.135 on the back of extra stimulus. Pointing to inflation and price stability as concerns, Christine Lagarde stated a “unanimous view that action had to be taken.” However, with over six years of Quantitative easing and negative rates, the Euro’s weakness has benefited its exporters. This may change as the ECB puts its foot down in trying to rescue Europe.
New Zealand has had no new Coronavirus cases in the past 13 days. America is about to top 105,000 cases. New Zealand went hard and fast. The United States Is barely squashing the curve. New Zealand is in the phase were politicians are arguing when to remove all restrictions. America is reopening to save a dwindling election. A stark contrast in the environment between the two countries. However, one thing remained constant – the returns in the major indices between both countries.
The US Dollar index weakens for the 7th straight day as investors’ appetite for risk increases. The AUD/USD has broken the 0.69 mark, with the USD weaker against its G10 currencies, with global indices rising on forward optimism on a quicker recovery from the effects of the Coronavirus. US Indices have seemed to quickly discount the effects of the protests as they continue for the 8th straight day.
Black Bull Group Limited (trading name: BlackBull Markets) is a New Zealand registered and incorporated company (company number: 5463921). We are also registered with the Financial Services Provider Register (number: FSP403326).
Black Bull Group UK Limited is registered in United Kingdom, Company Number - 9556804. Payment clearing services provided by: BlackBull Group UK Limited (Company Number - 9556804) Address - 483 Green Lanes, London, Greater London, United Kingdom, N13 48S
Risk Warning: Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money you cannot afford to lose. You should make yourself aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any questions or concerns as to how a loss would affect your lifestyle.
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