Friday, February 22, 2013

FXApprentice - Zulutrade Signal Provider Review

This review is written in february 2013. We are reviewing FXApprentice,  Zulutrade signal provider.
Currently is #5 in Zulutrade ranking.

The Wolf Pros:

- high profit in pips: 14,000

- 52 trading weeks

The Wolf Cons:

- big far max. DD was 3.06k
- max. open trades: 30

Review summary:

Earning 14k pips in 52 weeks - FXApprentice is now sitting 5th at Zulu Rank. He has 151 followers with over $60k on their accounts. This information shows that he is not very popular as signal providers that manage to position themselves to TOP5 usually have much more followers, however this number will grow fast if he manage to stay on top for a while.

He has been trading at Zulutrade for 52 weeks so far. All months except 1 were profitable, which is good.
However, if you choose to follow this signal provider, you should set your lot size very carefully as he trades with high risk, just check his drawdown history. His max. DD so far was 3,14k pips which is very high. So according to his Minimum Necessary Equity stats you should have about $825 for every microlot you trade.

Please note that this ZuluTrade trader review is included here for information purpose only and does not constitute advice. Trading in leveraged FX product is highly risky and always consult an independent financial advisor if you’re unsure whether trading on ZuluTrade is right for you.

We hope this review was useful for you and would like you to take a look at our own signals provided by Silver Investment Fund. See stats below.

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