Signal provider-guide

Sidst opdateret den 21-03-2018 

1. ZuluTrade Traders

A) Introduktion til signal providere

En "signal provider" er en ZuluTrade-bruger, der handler på enten en demo- eller Live-konto, mens ZuluTrade offentliggør dennes resultater og statistik offentligt gennem websiden. Hver handel, der eksekveres på providerens konto sendes til alle ZuluTrade demo- og live-konti i form af et signal.
Kunder, der har valgt at følge signal provider en("tilhængere"), får automatisk udført handlen på deres konto, i deres broker-firma. Da et simpelt provider-signal eksekveres af forskellige brokere, der har forskellige handel grænseflader og konfigurationer, kan derl opstå handelsproblemer. Et mulig eksempel er en orphan-handel. Orphan-handel er en handel, der, selv om den er afsluttet i signal providerens konto på grund af en række forskellige årsager, kan forblive åben på en eller flere af følgernes live-konti. Denne hændelse kan medføre forskellige resultater mellem provideren og tilhængeren – eks. selvom signal provideren får en fortjeneste, ender tilhængeren med et tab som følge af handelen blev afsluttet længe efter at den skulle have været afsluttet på signal providerens konto. Signal providere kan dog både overvåge og afslutte deres live-tilhængeres positioner, der konstateres at være "orphan".

For Risk Management purposes, ZuluTrade may restrict Traders for being copied by Investors in case they don't follow the Program's Guidelines.

B) Oprettelse af en signal provider-konto

Alle kan tilmelde dig til at blive en signal provider. Du skal blot registrere din provider-konto her. Du kan åbne op til 10 signal provider-konti med den samme e-mailadresse.
Konkurrencen er dog hård. Signal provideres resultater rangeres konstant efter ZuluTrades ZuluRank-algoritme og ZuluTrade-fællesskabet, således at kun de bedste signal providere vises øverst på vores lister.

For the European version of our Traders page, competition is even stronger! As per EU legislation, traders will be displayed and available to Investors residing with EU, provided that:

• Their minimum trading time is of at least 8 weeks.
• They have less than 30% Drawdown (in pips or equity)
• The average number of pips is above 3 or average rate of return is above 0.015%.

For our US Traders page only, the Trader account must be compliant with the FIFO and No-Hedging market policy set up by NFA.

If you want to find out more about the way ZuluRank is calculated, please click here!

C) Handelsplatforme

Tradere kan vælge en af ​​følgende handelsplatforme til at udføre deres handler:

1. ZuluTrade+
   

   I ZuluTrade+ er både Live og Demo-tradere udstyret med en komplet Trading Station-brugerflade med tekniske diagrammer og indikatorer, samt muligheden for, at tradere kan oprette -handelsrobotter ved at køre deres egne ZuluScripts. Mere specifikt tilbyder den indbyggede Trading Station tekniske diagrammer (Candlesticks, OHLC, søljer), en lang række forskellige indikatorer (trend, oscillatorer, volatilitet, mængder, Bill Williams, osv.), brugerdefinerede linjer/tekst/objekter osv, altsammen på trader-kontoen uden behov for nogen ekstern platform. Da platformen er helt webbaseret, er trader-kontoen således beskyttet mod forbindelsesproblemer og kan køre EA'er uafbrudt uden behov for en VPS. Du kan se flere oplysninger om, hvordan du opretter og køre ZuluScripts her.

   ZuluTrading API

   The ZuluTrading API can also be used with ZTP. ZuluTrade offers its own REST API which enables Traders to submit trading requests straight to their accounts from their own custom program. In other words, instead of logging in to the Trader account to manually open, manage and close trades, Traders can configure their own algorithm to do this for them. Although some basic programming skills are required, a comprehensive step-by-step guide is provided for setting up the ZuluTrading API.

2. MetaTrader 4-platformen (MT4)
   

   Det er muligt at knytte en ekstern MT4 live- eller demo platform til en providers konto . I dette tilfælde bliver signal providerens konto skrivebeskyttet og alle handelsaktiviteter, der udføres på MT4-kontoen, bliver er kopieret over til ZuluTrade-kontoen. Listen over brokere, der er kompatible med signal provider-konti kan findes i fanebladet, Indstillinger,på din signal provider-konto eller ved at kontakte support.

   ZuluTrade VPS

   ZuluTrade tilbyder providere, der handler via MT4, mulighed for at hoste deres handelsstrategi gratis via ZuluTrades egen VPS-tjeneste. ZuluTrade understøtter over 60 brokere, og der er ingen grund til at hente alle platforme. Din foretrukne MT4-klient vil blive forudinstalleret på din VPS-konto og kan tilgås via en browser. ZuluTrades VPS-tjeneste er kun tilgængelig for signal providere, der handler via MT4-terminaler. Der er et begrænset antalVPS'er til rådighed, så tradere skal holde øje med 'Opret forbindelse til min VPS'-knappen på fanen Indstillinger. Knappen vises kun, når der er tilgængelige VPS-pladser. ZuluTrade VPS er en premium-tjeneste og er derfor underlagt en politik for retfærdig brug. Hvis det opdages, at VPS-tjenesten misbruges på nogen måde, kan retten til at bruge VPS-tjenesten blive tilbagekalt. Typiske eksempler på misbrug er:

   • Ondsindede hensigter.
   • Lav eller overdreven brug
   • Anvendelse af 3. parts eksekverbar software, som interfererer med OS.
   • Flere forekomster af MT4-klienter og EA'er
   • Anvendelse uden for ZuluTrades miljø osv.

   Bemærk også, at der er en grænse på én gratis ZuluTrade VPS per fysisk person.

D) Resultater, statistikker og indikatorer

I takt med at en signal provider handler, vil dennes resultater og position på ZuluTrades resultatside gradvist udvikle sig op og ned på ranglisten. Alle data og oplysninger fra signal providere er taget i betragtning med henblik på at beregne deres plads i rækkefølgen. Nogle afgørende faktorer for ZuluRank omfatter (bemærk, at denne liste ikke er udtømmende):

• Løbetid: Hvor lang tid signal provideren har handlet, hvilket afspejles i "Uger".
• Eksponering: Hvor mange positioner der kan være åbne på samme tid, hvilket afspejles i "Maks. åbne handler ", det påkrævede "NME" osv.
• Tab: Hvor mange op- og nedture signal providerens historiske resultat har oplevet.
• Resutat: Samlede optjente pips, gennemsnitlige pips per handel og andre resultatmålinger.

For vores europæiske resultatside tages de nedenfor nævnte faktorer også i betragtning, når der skal oprettes en liste over de 2000 bedste tradere:

• Their minimum trading time is of at least 8 weeks.
• They have less than 30% Drawdown (in pips or equity)
• The average number of pips is above 3 or average rate of return is above 0.015%.

For our US Traders page only, the Trader account must be compliant with the FIFO and No-Hedging market policy set up by NFA.

If you want to find out more about the way ZuluRank is calculated, please click here!

The Performance page is updated several times per day, as trades and Traders' statistics develop. Performance page also contains visual indicators, helping Investors to identify certain Trader attributes. Most common of which are:

• Signal provideren bruger en live-konto.
• Signal provider bruger en demo-konto og har en live-konto, der er knyttet til hans signal provider.
• Signal provideren bruger MT4 Expert Advisor
• Denne trader opererer på ZuluTrade + ved hjælp af ZuluScripts
• Denne trader sender handelsanmodninger gennem ZuluTrading API
• Denne traders strategi overholder FIFO-reglen og afdækker ikke
• Denne trader har en gennemsnitlig bruger-rating på mindst 4 stjerner!
• Denne provider handler med korrelerede valutapar ved hjælp af en naturlig afdækningsstrategi, der potentielt kan føre til begrænset tab-
• Denne signal provider handler ofte med økonomiske kalenderudgivelser!
• Zuluveteran - ensignal provider, der har handlet med ZuluTrade i mere end 2 år med en konsekvent høj placering
• Traders that have partially or fully verified their account.
• Trading history from XX/XX/XX To XX/XX/XX has been imported to ZuluTrade

For at blive vist på resultatsiden, skal en signal provider først lukke 1 handler, mens mindst 12 ugers handelsaktivitet er nødvendig for at blive vist på resultatsiden for Europa!

2. Betalinger

Traders’ compensation differs according to the Account Type of their Real Investors as well as the Trader's location in order to comply with local regulation.

• Volume Based Compensation – Classic Accounts
• Profit Sharing Compensation – Profit Sharing Accounts
• Compensation for U.S. Investors and /or U.S. Traders
• Compensation for Investors of Japanese Brokers

i. Volume Based Compensation Scheme

Traders earn 0.5 pips per standard lot (5$), for each closed trade executed in a Real Investor account under Classic Account Model. The 0.5 pip value depends on the lot size executed in the investor’s account, not in the trader’s. For example, the trader opens 1 standard lot and the investor receives 1 mini lot according to his/her settings, then the trader will get 0.5$. In case that the investor only opens a micro lot, then the trader will get 0.05$. Pip cost varies according to the currency pair traded.

ii. Profit Sharing Compensation Scheme

Traders get compensated on a monthly basis according to the profits they generate on their Real Investors under Profit Sharing Account Model.

Every time you generate a profitable monthly PnL to a Profit-Sharing Investor, you will be credited a 25% Performance Fee. This Fee will only apply for the amount above High Water Mark (“HWM”). HWM is the maximum profit made by the Trader and it is calculated on the 1st calendar day of each month since the Investor added the Trader to his portfolio.

For each profitable monthly PnL, the Trader will be compensated based on a 50% Payment-Reserve model. More specifically:

• 50% of the Performance Fee charged is being credited in the Trader’s account
• The same amount (50%) is requested from Reserve bucket. The amount that will be released and credited is limited to the reserved amount generated from previous periods.
• 50% of the Performance Fee charged is added to the Trader’s Reserve Bucket for next periods.

Each Trader holds one Reserve Bucket for all his Profit Sharing Investors. The Reserve amount is updated on the 1st calendar day of each month based on the profits/losses generated on the Real Investor accounts from the Trader during the previous month.

Case 1: Profitable monthly PnL - Profit above HWM

Investor’s Monthly Performance Fee (20% of the Profit above High Water Mark) is split, as follows:

• 50% is credited in the Trader’s account
• 50% is credited from Reserve Bucket (if applicable - see the example below)
• 50% is placed into the Trader’s Reserve Bucket for future release.

Case 2: Negative monthly PnL

In case of underperforming, the Reserve amount will be deducted by 20% of the generated losses.

Case3: Recovering Losses Period - Profit below HWM

In case of a Recovering Losses Period, the Performance Fee will not apply, yet the Trader’s reserve will be increased by 20% of the generated Profit.

For example:

In June, a Trader makes a profit of $1000 - This will be the HWM. The Investor will be charged 25% (20% for the trader, 5% for ZuluTrade) out of the accumulated profit ($1000): $1000 x 25% = $250

Based on the Payment-Reserve Scheme, the 20% for the Trader breaks as follows:

• 50% of the Performance Fee paid by the Investor will be credited in the Trader’s account immediately: $200 x 50% = $100.
• 50% of the Performance Fee paid by the Investor will be credited in the Trader’s account from the Reserve (in case there is available amount). In this example, there is no Reserve.
• 50% of the Performance Fee paid by the Investor will be reserved in the Trader’s Reserve Bucket: $200 x 50% = $100.

Monthly Reserve Amount = $100

Total Reserve Amount = $100

In July, the Trader has a negative month (-$100) – HWM remains $1000.

• Performance Fee will not apply for the Investor
• The Trader’s Reserve amount will be deducted by 20% of the losing amount: -$100 x 20% = -$20.

Monthly Reserve Amount = -$20

New Total Reserve Amount = $80 (=$100 - $20)

In August, the Trader makes a profit of $500 – New HWM $1400

• The first $100 is considered as Recovering Losses Amount (loss generated in July) and the Investor will not be charged any Performance Fee. However, the Trader’s Reserve amount will be refilled again with the amount of $20 (20% x $100).
• Performance Fee will apply for the Investor, only for the $400 (amount above new HWM): $400 x 20% = $80.
  The Trader will now receive
  • 50% of the Investors' Performance Fee will be credited immediately: $80 x 50% = $40.
  • 50% of the Investors' Performance Fee will be credited from Total Reserve Amount reserved so far: $80 x 50% = $40
  • 50% of the Investors' Performance Fee will be added to Reserve Bucket: $80 x 50% = $40.

Monthly Reserve Amount = +$20 (from Recovering Loss Period) + $40 (placed into Reserve bucket) = $60

New Total Reserve Amount = $100 (=$80 + $20 + $40 - $40)

iii. Compensation for U.S. Clients

U.S. Investors

Traders will receive a $21 monthly commission for each U.S. Investor copying their strategies.

The monthly amount will be calculated on a pro-rata mode based on the Investor’s Subscription date, which is the date that the Investor added the Trader to his/her portfolio.

More specifically:

Example 1

Investor A purchases a monthly recurring subscription to the Trader on September 1.
For September, the Trader will receive the full commission amount of $21.

Example 2

Investor B purchases a monthly recurring subscription to the same Trader on September 15.
In this case, the Trader will be compensated in proportion to the Investor’s subscription date, thus, he/she will receive $10,50.

US Traders

ZuluTrade compensates US Traders by a variable monthly Subscription Fee. Monthly compensations for Traders can vary depending on the date they were added in the Investors accounts. The monthly Subscription Fee has been fixed to $21 per Investor. Example 1: Investor adds the Trader on September 1. For this month, the Trader will be credited the full amount of the Subscription Fee, which by default is $21. Example 2: Investor adds the Trader on September 15. For this month, the Trader will receive the Subscription Fee in proportion to the Investor’s registration date, which in this case is $10.5.

Please note that ZuluTrade has established a monitoring mechanism in order to detect violations. We regret to inform you that any compensation deriving from US Investors will be rejected if your strategy is not compliant with the aforementioned rules.

iv. Investors of Japanese Brokers

Compensation for Real Investor accounts of Japan based Brokers is 0.3 pips per lot executed, due to different trading conditions.

Som følge af lokale restriktioner kan borgere i Japan registrere en Trader-konto hos ZuluTrade, men der vil dog ikke blive genereret nogen indtægter for deres handelsaktivitet.

AutoPay Service for Real Traders

Real Traders may select to receive their total outstanding commissions automatically in their Real Broker account at the 1st business day of each month.

To be eligible for the AutoPay Service, Traders must:

• Operate on a Real trading account registered in a Broker participating in this Program.
• Have completed the verification process by submitting a valid identification document as well as a proof of address.

Traders may enable the AutoPay service on the Revenue page of their account. On the 1st business day of each calendar month, they will be receiving automatically the accrued commissions of the previous month directly in their trading account. There are no minimum amount requirements nor fees apply if AutoPay is enabled.

Følgende skal også tages i betragtning:

• Inden der udstedes betalinger, skal ZuluTrade forsynes med tilstrækkelige beviser på signal-providerens legitimationsoplysninger - normalt kræver vi et gyldigt foto-id (pas, offentligt id-kort eller regeringsudstedt vælgerkort) og en nylig, formel regning, der angiver dit navn og fuld, aktuel hjemmeadresse.
• Inden der udstedes ​​betalinger skal alle handler skal sammenholdes med vores handels regler og relevante kommissioner skal indsamles fra vores samarbejdende brokere. Den forventede tidsramme, der kræves for at behandle en betaling efter en anmodning er blevet sendt via vores hjemmeside, er 60 kalenderdage.
• Der kræves en aktiv kontosaldo med mindst $100, før du kan anmode om en udbetaling.
• Please ensure that your bank account details, PayPal account or ZuluTrade Mastercard is set up properly to avoid any complications with payment.
  The relevant fees for each payment are the following. Bank transfer ($45), PayPal ($20 for 0-$500 transfer and 3.9% for $500 and above), Mastercard ($25)
• The Traders must at all times fully, promptly, truthfully and transparently communicate with the Investors copying their strategies via Social Pages, as well as the ZuluTrade Traders Community Desk.
• ZuluTrade values the safety of its Investors’ capital as an utmost priority. For this reason, Traders who apply abusive trading behavior, introducing high risks to their Investors, will be examined carefully and if deemed malicious, they will be refused compensation.
• For each specific calendar month that a Trader presents a negative Total Monthly PnL performance in $, the Trader will not be compensated. Total Monthly PnL includes unrealized PnL deriving from the end of month valuation of the Trader’s open positions.
• Please note that payment must be requested within 30 days of receipt of the termination notification. Payment requests received after this period will be rejected. In case of disabled or terminated accounts, any accrued commissions that fail to reach the threshold of $100 get automatically rejected.
• Accounts with considerable deposits can be characterized from the Broker as Institutional due to the low spread offered. Compensation for such accounts is 0.1 pips per lot executed in a Real Investor account.

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3. Regler for handel

Handel

Ved handel fra en demo-konto, skal du sørge for din handelsstrategi er i overensstemmelse med følgende begrænsninger:

• There is an upper limit of 50 market and 50 pending orders, as well as a limit of 5000 update signals, permitted to be broadcast to Investors within a 24-hour interval.
• Signals to create market/pending orders should have a minimum time interval of 5 seconds from the last one accepted in order to be broadcast to Investors.
• Det samlede maksimale antal tilladte åbne markeds, og afventende ordrer er begrænset til 50. Yderligere signaler vil ikke blive udsendt til tilhængere.

Bemærk venligst, at ingen af de ovennævnte begrænsninger gælder for signal provideres handel fra en live-konto.

Handel fra MT4 terminaler

Ud over de ovennævnte regler for signal providere forventes handel via MT4 terminaler og uden for ZuluTrades webinterface, endvidere at være i overensstemmelse med følgende regler:

• Afslutning af delvise lots er ikke understøttet.
• Deleting Stop/Limit via EA (updating Stop/Limit from non-zero values to zero via EA) is not supported and related signals will not be broadcast to Investors.
• Vi understøtter handel med Forex, CFD'er, indekser, guld og sølv.
• Enhver ændring af MT4-handelsregistreringer og statistikker er strengt forbudt.
• Lukning af handler via "Luk efter type" er ikke understøttet.

Upassende handelsadfærd

ZuluTrade values the safety of its Investors’ capital as an utmost priority. Consequently, Traders who apply abusive trading behavior, introducing high risks to their Investors, will be examined carefully and if deemed malicious, they will be refused compensation and may be banned from future use of ZuluTrade’s services Likewise any attempt to take advantage of their status, extort or even break the communication channel with the community or the company will be deemed as malicious.

For at undgå yderligheder er signal providere forpligtet til at overholde et minimum af retningslinjer, der sigter på at reducere risici, såsom:

• A Trader's maximum total draw-down should not exceed their profit in currency or pips. This applies once there is an adequate record of Trader's performance (6 months).
• No positions should be allowed to reach losses of 700 pips or more. The use of stop loss at reasonable values is mandatory to ensure Investors' safety. A careful and short use of Stop-Loss will also assist and promote you in our Ranking algorithm. Large stop-losses or no stop-losses is not appropriate trading.
• ZuluTrade anbefaler ikke en forhold med vundne handler nær de 100 %. Det er en risikabel strategi, da det indikerer risiko for uforholdsmæssigt store tab.

Bemærk, at ovenstående tærskler i pips er vejledende for grundlæggende FX-par. Du bedes antage tilsvarende beløb for eksotiske par, herunder XAU, XAG eller CFD'er.

Markedstimer

Der bør ikke udføres handler uden for ZuluTrades markedstidspunkter. Markedet åbner søndag 22:00 UTC og lukker fredag ​​22:00 UTC. Når sommertid anvendes, åbner markedet søndag 21:00 UTC og lukker fredag ​​21:00 UTC.

For CFD trading hours, click here.

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4. Anbefalinger til effektive strategier

• Scalping anbefales ikke.
  Due to the combination of different trading policies, configuration and rate feeds of various brokers to whom your Investors may subscribe, scalping is not a recommended manner of sending signals to your Investors. The practice frequently leads to very inconsistent results for different broker accounts.
• Handel under nyheder
  Many brokerage firms will often reject trading signals during News announcements that affect the market, resulting in possible discrepancies between the execution in your account and your Real Investors.
• Handel med uealistiske mængder virtuelle beløb
  Bortset fra at generere urealistiske handelsresultater vil ingen trader nogensinde kunne følge din strategi, hvis din startsaldo er ekstremt høj, eller du handler enorme mængder af lots.
• Præcise strategibeskrivelser
  Your Strategy description needs to be accurate and descriptive, so that your Investors can be aware of what to anticipate from your trading activity.
  As unexpected trading behavior is not appreciated by your ZuluTrade Investors, any Strategies that are not in accordance with your actual trading behavior will be disapproved, affecting your Compensation or Ranking accordingly.
• Opdateret status
  Your current Status should always be up to date. Please keep in mind that Investors can request for a Status Update, in which case you will be notified via email and expected to provide a status update as shortly as possible. Awkward silences are not friendly towards your ZuluTrade Investors, so please ensure timely updates are provided.

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5. Suspension

Suspension af en signal providers konto kan forekomme på to måder: midlertidigt som en advarsel, eller permanent, hvilket fører til forbud mod brug af tjenesten. Ansvaret for eventuelle konsekvenser som følge af, at en signal providers konto bliver, suspenderet pålægges kontohaveren.

Midlertidig suspension

Providere, der er forbundet med MT4 terminaler, der overtræder de gældende regler, vil automatisk blive koblet fra deres MT4 konti. De kan forsøge at genetablere forbindelsen, efter at de har omkonfigureret deres strategi i henhold til årsagen til suspensionen.

Permanent suspension

• Inaktive konti. En signal provider-konto betragtes som inaktiv, hvis der ikke er nogen handelsaktivitet i en bestemt periode.
  1. Alle provider-konti, der har været inaktive i mere end 3 måneder, vil blive suspenderet permanent.
  2. Især for provider-konti, der er knyttet til MT4 terminaler, er den tilladte inaktivitetsperiode begrænset til 1 måned.
• Provider konti, der bliver midlertidigt suspenderet gentagne gange.

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