ZuluTrade Announces It Will Drop Profit-sharing Fees from Investors’ Accounts
Thursday,24/11/2022|06:49GMTby
FM
The change in the compensation model comes in line with a new management approach.
Undertaking a major change in its leaders' compensation model, ZuluTrade has announced that it will drop the profit-sharing fees from the followers’ accounts. The radical change in the compensation model comes in line with the new management approach to make ZuluTrade more investor-friendly and forward-looking by reducing costs and increasing quality and transparency on the platform.
ZuluTrade’s current profit-sharing model pays traders (a.k.a. leaders) who provide signals that are copied automatically into the follower’s account. The follower pays $30 as a subscription fee per month per account and pays the leader 25% of the profits gained in his account in a month. As such, the higher the profits on a follower’s account, the higher the leader’s compensation. The 25% Performance Fee is paid only for the months closed with profits.
However, on the flip side, if the follower’s account suffers a loss in the following months, the leader is not charged for the loss incurred. This implies that the followers are putting money on a leader and sharing their rewards, but they are not really sharing the risk in the long term with the leader. Also, this means that the long-term impact of the client’s performance can be significant due to added costs of profit sharing.
Thus, the popular psychology behind the profit-sharing model claiming that you pay only when you earn profit looks good only on paper. Another challenge that the followers face is when they have more than one account or more than one leader that they are following.
Assume a follower follows two leaders where one leader makes money while the other loses money wherein a cumulative aggregate P&L stands negative. In this case, the follower will share a portion of their gains with the winning strategy leader and incur no fees for the loss accrued on the losing strategy. Again, this does not justify a fair scenario for the follower.
Taking all these scenarios into consideration, ZuluTrade is set to make significant changes in how followers are charged. The company will drop the profit-sharing fees from the follower’s account as of 1st January 2023 and effective immediately no one will be able to open a new profit-sharing account. ZuluTrade will also drop the $30 subscription fees being charged to profit-sharing accounts and make it Zero.
Tajinder Virk, CEO at ZuluTrade, said: “Finvasia is known to create a value-driven system and has revolutionised the Zero-commission ecosystem. This move further cements Finvasia’s efforts in pioneering “Zero commission” business models. We are working towards creating a platform that is democratic, peer-to-peer, transparent and ethical. Everything will be right there for people to analyse and make informed decisions.”
Adding to the comments, Sarvjeet Virk, Co-Founder of Finvasia Group, said: “We are happy with the direction that ZuluTrade is evolving towards, and I see significant changes coming in the months ahead that will put our investors at the centre of our product.”
Undertaking a major change in its leaders' compensation model, ZuluTrade has announced that it will drop the profit-sharing fees from the followers’ accounts. The radical change in the compensation model comes in line with the new management approach to make ZuluTrade more investor-friendly and forward-looking by reducing costs and increasing quality and transparency on the platform.
ZuluTrade’s current profit-sharing model pays traders (a.k.a. leaders) who provide signals that are copied automatically into the follower’s account. The follower pays $30 as a subscription fee per month per account and pays the leader 25% of the profits gained in his account in a month. As such, the higher the profits on a follower’s account, the higher the leader’s compensation. The 25% Performance Fee is paid only for the months closed with profits.
However, on the flip side, if the follower’s account suffers a loss in the following months, the leader is not charged for the loss incurred. This implies that the followers are putting money on a leader and sharing their rewards, but they are not really sharing the risk in the long term with the leader. Also, this means that the long-term impact of the client’s performance can be significant due to added costs of profit sharing.
Thus, the popular psychology behind the profit-sharing model claiming that you pay only when you earn profit looks good only on paper. Another challenge that the followers face is when they have more than one account or more than one leader that they are following.
Assume a follower follows two leaders where one leader makes money while the other loses money wherein a cumulative aggregate P&L stands negative. In this case, the follower will share a portion of their gains with the winning strategy leader and incur no fees for the loss accrued on the losing strategy. Again, this does not justify a fair scenario for the follower.
Taking all these scenarios into consideration, ZuluTrade is set to make significant changes in how followers are charged. The company will drop the profit-sharing fees from the follower’s account as of 1st January 2023 and effective immediately no one will be able to open a new profit-sharing account. ZuluTrade will also drop the $30 subscription fees being charged to profit-sharing accounts and make it Zero.
Tajinder Virk, CEO at ZuluTrade, said: “Finvasia is known to create a value-driven system and has revolutionised the Zero-commission ecosystem. This move further cements Finvasia’s efforts in pioneering “Zero commission” business models. We are working towards creating a platform that is democratic, peer-to-peer, transparent and ethical. Everything will be right there for people to analyse and make informed decisions.”
Adding to the comments, Sarvjeet Virk, Co-Founder of Finvasia Group, said: “We are happy with the direction that ZuluTrade is evolving towards, and I see significant changes coming in the months ahead that will put our investors at the centre of our product.”
IronFX Celebrates 15 Years of Creating Strong Partnerships
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Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
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As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
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This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
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-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
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Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
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-Matthew Smith, Group Chair & CEO at EC Markets
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#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
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This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
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#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
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-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
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Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
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-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
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🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
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#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
