de | cn | ru

Signals Reviews

Pips Tricks: The New Best US Forex Trader on ZuluTrade

Today we'll be reviewing Pips Tricks, the new best trader from the United States on social Forex trading platform ZuluTrade. It's actually quite nice to see a newcomer from this mighty Forex destination, especially after the leading position has been occupied for so long by Newwave – a giant in terms of capitalization and number of followers. Pips Tricks still lags behind Newwave in terms of funds and copiers attracted but thanks to other factors like performance, he is at the forefront of the pack. After 52 weeks of activity on the network, Pips Tricks has succeeded in gathering total funds of $176,714 from his 146 followers – along with his successful trading results, this makes him 3rd in the comprehensive ZuluRank.



Pips Tricks is trading with a range of currency pairs, with the majority of trades conducted with the EUR/USD pair, followed by GBP/USD. The trader seeks to benefit as much as possible from trends: he opens a series of positions in tune with a trend and then closes them in tune with a preset take-profit level. We have a couple of potential problems stemming from this approach: that the number of open trades may be rather high or that the trades may be held open for quite some time – sometimes up to a couple of weeks. As a result, substantial drawdown may be accumulated. In the past, the number of positions held open simultaneously had reached 29, but recently the SP has changed the strategy to limit the number of open trades. Since April 2013, the count of open positions has not exceeded 12. 


Since the launch of the account on ZuluTrade on November 4, 2012, the SP has generated a very high profit of 20,385 pips. And you can see from the photo below that the curve is nicely rising with  only a couple of dips changing the landscape.
Photo credit: ZuluTrade.
The maximum drawdown is at 2,960 pips, which is a small percentage given the current profit amount, but may be a problem for someone who has started to follow this SP recently. 
The average pips per trade are at 20 pips, which is quite nice, given tat we recommend any reading above 5 pips. The strong result in this respect signifies that the system is resilient to surprising market swings and trading peculiarities like slippage. Have in mind though that slippage for Pips Tricks is lowest with FXDD MT, AAAFX, and FXSOL UK.

Winners and Losers

We've already mentioned that Pips Tricks does not have many followers – only 146, but a substantial proportion of them, 52%, are live ones. This is the number of people who have entrusted   at least $672 (wow!) into following this guy's signals. From all live followers, 26 or 52%, generated profits from copying the trades of this signal provider, while only five people lost money. However, the size of profits is negligible – even the highest one is relatively humble at $138, while the biggest loss is at $315.


The fact that Pips Tricks has emerged as the best SP amid 989 rivals from the United States suffices to recommend him as a solid trader to copy. Of course, the requirement for an initial investment of at least $670 is a hiccup for some traders. On the other hand, the results are solid and the system is robust – it's worth of your attention.
TAGS: pips tricks  pips tricks zulutrade  pips tricks review  forex strategy  forex trading  social forex trading  zulutrade  zulutrade forex  zulutrade us  best forex trader  best us trader 
Broker Country Regulation Platform Min Deposit Review
$50 Review Website
US NFA, CFTC MT4 $250 Review Website
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Australia ASIC MT4, MT5,
$100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
UK FCA MT5 $5 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website
Australia, UK ASIC, FCA MT4, MT5,
$200 Review Website
UK, Cyprus, Dubai FCA, CySEC, DFSA MT4, MT5, Web,
$100 Review Website

More Forex Signals Reviews

Is copy-trading the best way to trade forex?

Nov 16 2017 15:58:37

Trading forex is no longer solely the domain of sharply dressed men on bustling trading floors. Read more

HighLow Binary Options Robot Review - is it scam or safe binary robot?

Aug 28 2017 10:57:00

 We would like to introduce you to the HighLow Binary Options robot. The system is fairly popular, mostly because it is designed to work with a famous broker – ASIC-regulated HighLow. You can read our full review of this broker here. Read more

SignalSamurai Review – is it scam or safe binary options robot?

Aug 24 2017 13:02:17

SignalSamurai is a binary options system, which claims to make money for the people who follow its signals. It comes absolutely free of charge, which immediately sounds fishy. In this review will give our honest assessment of the system. Read more

CopyFX changes minimum deposit requirement for forex trading accounts

Nov 25 2015 13:22:14

The amount of minimum deposit required by users of CopyFX, the social trading service of forex broker RoboForex, has been changed for traders who create offers and investors who subscribe to them, CopyFX said on Tuesday. The changes have taken effect as of 24 November. Read more

KGI Fraser launches ayondo's social trading platform in Singapore

Nov 06 2015 08:26:30

Taiwanese-owned brokerage KGI Fraser Securities has launched  in Singapore a new product, KGI Contrax, which uses ayondo’s white-label trading platform TradeHub, ayondo said on Thursday. KGI is ayondo’s first client in Singapore. Read more

Social trading network CopyFX no longer offers cent accounts to traders

Nov 05 2015 14:28:17

Cyprus-based forex broker RoboForex has made significant changes to the conditions of the CopyFX system it operates, the company announced earlier this week. The CopyFX system, which is available to both investors and traders, has stopped offering cent accounts to traders. Read more

eToro: High risk traders are no longer available for copying

Jun 26 2015 13:52:11

eToro, the world's largest social investment network, has announced significant steps in its efforts to lower risks by encouraging sustainable and responsible trading across its members and promoting consistent long term profits. Read more

Social trading network Ayondo raises CHF 6 million in funding

Apr 28 2015 22:33:03

In the course of its international expansion plans, with a focus on Asia the ayondo group announced today that it has received an additional CHF 6 million in funding from its existing shareholder base, led by Singapore-based Private Equity group Luminor Capital. Read more

SpotOption partners with Zulutrade to provide binary option signals

Dec 13 2014 12:29:15

SpotOption, the world's largest binary options platform provider, announces the embarking of the well-awaited for signals project through their exclusive partnership with copy-trading website ZuluTrade. Read more

Social trading network CopyFX now available in 12 languages

Oct 06 2014 16:00:56

At the beginning of the year RoboForex, an innovative forex broker requlated in New Zealand and Cyprus, announced the lauch of CopyFX, its social trading network. At first the network was available only in Russian, but as of last week it has expanded its geographic footprint and now copyfx. Read more

de | cn | ru