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Zulutrade signal providers won't get paid if they don't make profit
(article originally appeared on ForexBrokers)
ZuluTrade is improving. After limiting max drawdown to 700 pips and adding 100% winning trades warning sign, now the leading forex signals website imposes a new rule:
Signal Providers will not be compensated if a month is negative in terms of profits.
So from now on, rebates earned during a month with a negative overall Monthly PnL will not be paid out to Signal Providers. To see a detailed description of the new compensation scheme please visit Zulutrade's Signal Provider's Guide.
www.zulutrade.com
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This is quite fair as a rule!! I believe providers will trade better now
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Makes total sense, agreed!
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