Zignaly Review

Trading can sometimes feel like you’re getting lost at a busy intersection, but it doesn’t always have to be that way. In this Zignaly review, let me introduce you to a platform that will steer you toward smarter trading paths by following the footsteps of professionals.

Zignaly partners with popular platforms like Binance and Bybit, letting beginners mirror the strategies of seasoned traders like they’re experts themselves.

And if you’re big on AI, Zignaly also adds that into the mix, but how exactly? You’re about to find out. I’ve put the platform through some serious Zignaly tests, and now, it’s time to pierce the veil.

Zignaly Review: Quick Overview

Generally, before getting your hands on anything, you'd probably want to pick up some basic information in this Zignaly review to ensure you're not dabbling with a shady business.

Thankfully, Zignaly is pretty safe, but what is it? To paint with a broad brush, it is not a typical CEX like Kraken. Let's get to know it deeper with an overview of the platform.

Table: A quick overview of Zignaly

Now that you’ve grasped what is Zignaly, there’s another thing to know:

This partnership influences some of the exchange’s operations, like how certain intricacies of Zignaly prices follow Binance’s thresholds. I’ll explain this in more detail later, but for now, let’s stick to the basics.

Zignaly Alternatives

To evaluate if Zignaly is genuinely worth your time, let’s compare it side-by-side with the benchmarks in the industry. The following names often pop up within community discussions:

• Binance. It’s no surprise that Zignaly adopts Binance’s security infrastructure. The said platform is not only one of the most trustworthy, but also one of the largest exchanges by trading volume to date. It also features a built-in copy trading tool, giving traders access to both spot and futures markets.

• Bybit. This platform has similar features to Zignaly, enabling traders to fine-tune their strategies with AI bots or copy trading. There are more than 1,900 coins to explore here.
• MEXC. Aside from being known as a launchpad for hidden meme coin gems, MEXC’s copy trading lets you effortlessly replicate the moves of top-performing traders based on the highest profit and loss (P&L), return on investment (ROI), and more.

Chances are you’re pretty familiar with some of these exchanges, or you've tried them out yourself. Later on, I’ll closely examine how Zignaly copy trading and other features stack up against these heavy hitters.

📚 Read More: Best Cryptocurrency Exchange

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Compare Crypto Exchanges Side by Side With Others

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Who’s Zignaly For?

While Zignaly caters to the broader audience, I find that it’ll work best for the following groups:

• Beginner traders. The best teacher is experience, they say. If you’ve just dipped your toes in crypto, you can learn from the pro traders at Zignaly and develop your skills from there.
• Exploratory traders. If you’re a technology believer looking to integrate emerging innovations into your trading activities, Zignaly is one tool to explore. Test in real-time how you can beat market inflation by copying AI-picked professional traders.

• Expert traders. If you’ve made some sweet rewards on trading, you can earn passive income by registering as a wealth manager in Zignaly. In return, you’ll get a share of the success fees whenever you help your followers make a profit.
• Innovative exchanges. It provides a white-label solution to help early-stage trading platforms expand their offerings to accommodate wider users' needs.

Whichever category you fall into, you’re probably intrigued to know more about Zignaly’s core features that can level up your trading game, so let’s get into that.

📚 Read More: How to Choose a Crypto Exchange

Advantages

After tinkering and experimenting with the platform, I find that Zignaly stands out in the following aspects:

• Smooth copy trading;
• Supercharged AI algorithm;
• Fairly rewarding profit sharing;
• Low barrier to entry.

Since I mentioned this feature a couple of times throughout, you can probably guess that Zignaly copy trading is one of its strongest suits. I particularly like the level of customization given. Users can choose traders to follow based on their risk tolerance and desired profit returns.

At the end of the day, the goal remains the same, as echoed on the platform’s homepage:

...beat inflation and traditional markets.

Additionally, in the race of humans and AI, Zignaly casually says: Why not get the best of both worlds? It uses an algorithm known as Z Score that has recently been updated to version 2.0. I’ll dive deeper into how it works later, but as a quick primer, the program acts like a curator. It only features the cream of the crop when it comes to crypto traders (experience also counts).

Moreover, the profit-sharing model is one of the reasons why 430,000+ users stay loyal to the platform. Many find Zignaly’s reward structure to be refreshingly transparent. Plus, users get to keep over 70% of the profits they make, which is more generous than what other platforms offer.

Finally, Zignaly copy trading opens a system that welcomes all kinds of investors.^[1] You won’t need to move a large amount to get started - just $10 is enough. Once you're more comfortable with the whole process, feel free to tinker with more advanced functionality on the platform.

Disadvantages

Zignaly is an intriguing platform, especially with its core focus on social investing. However, certain features may feel restrictive for some users. Here are a few areas where there’s room for improvement:

• Too specific functionality;
• Poor technical performance;
• Withdrawal issues;
• Limited payment methods.

Now, this one is not entirely Zignaly’s fault - I admit - since its main proposition is to be a copy trading platform. However, if you prefer trying out different trading methods, feature-rich exchanges like Binance or Bybit will be more suitable for your taste.

	BINANCE	BYBIT
Overall Score	8.0	8.0
Best For	Advanced Users & Beginners	More Advanced Users
Operating Countries	Turkey, Argentina, Vietnam, Ukraine, + 180 more	South Korea, United Kingdom, Ukraine, Turkey, +160 more
Latest Coupons	See All Coupons of Best Exchanges	See All Coupons of Best Exchanges
Verdict	One of the leading crypto exchange platforms in the industry.	A popular crypto derivatives exchange with some super-low trading fees.
	See TOP10 Brands Read review	See TOP10 Brands Read review

Table: A comparison of top exchanges

I’ve also sifted through user feedback on the platform. While Zignaly’s rating shines bright (4.1 stars), some users have left 2- and even 1-star reviews. Most frequently, the complaints revolve around the slow UI, repeated login issues, and recurring bugs.

Several users have also shared frustrating experiences with withdrawing their funds. A trader from Vietnam reported not being able to withdraw after closing all positions. However, Zignaly has noted that it’ll work toward enhancing platform-wide stability and performance.

Depositing into the platform also comes with a caveat, as Zignaly does not allow direct fiat-to-crypto conversion and vice versa. For that, you’ll need to use Changelly and transfer the funds to your account. Thankfully, the said third-party asset converter is compatible with popular wallets like Ledger and Trezor.

Security

If you’re reading this Zignaly review, you’d probably wonder if it’s safe. After all, who wants to risk losing their precious crypto? Fortunately, Zignaly cares about your fund security, as evidenced by its partnership with the top-rated exchange Binance, which has consistently maintained an AA rating.

Collaborating with the said trading platform, crypto trades on Zignaly are well-protected by Secure Asset Fund for Users (SAFU), an insurance fund built from 10% of incoming trading fees. The majority of user assets are also stored in a cold wallet for emergencies.

Aside from that, it employs an advanced pattern recognition system. If any unusual activity occurs, no need to panic - it will be detected swiftly before it gets out of hand. Why the focus on Binance, though? Thanks to the partnership, the CEX’s industry-leading infrastructure directly benefits Zignaly users, too.

And of course, Zignaly also has its built-in security measures. It integrates Fireblocks, a benchmark-grade hot wallet solution that safeguards your deposits, withdrawals, and account balance.

📚 Read More: Hot VS Cold Wallets

Furthermore, the platform employs a multi-tier security system to combat cyberattacks. It stores its RSA-encrypted API keys in a Demilitarized Zone (DMZ), locking them away from public access. Even if the keys are saved outside the main database, only a special certificate can unlock the API configurations.

It’s rather unlikely for these setups to fail, but just in case, Zignaly has two air-gapped servers for processing withdrawals that are completely shielded from external interference.

Localization and Regional Adaptability

The time has come to see if Zignaly is available where you live. Truthfully, the platform doesn’t disclose its geographical availability.

That said, I’ve picked up some critical info that’ll give you some clues:

As for language availability, Zignaly’s help portal has been localized to Portuguese, Russian, Espanol, and Turkish - well, of course, besides English.

Trading Tools

Zignaly crypto platform is not one to underestimate. Even if it’s laser-focused on copy trading, it packs a punch of features to refine your strategies.

Here, you won’t need to place an order, which might be a breath of fresh air for some. It all starts with selecting the right trader to copy from. Thankfully, Zignaly makes that easy, utilizing AI to spotlight pro traders and rating them from 1 to 100 based on their performance over the last 365 days.

The sauce behind the magic is known as the Z score, and it looks at four main categories to evaluate traders:

On top of that, Zignaly emphasizes profit sharing rather than copy trading, and there is a world of difference. Rather than basic trade replication, which can be a hit-or-miss at times, the platform allows for strategic fund allocation. In terms of risk-to-reward, this system is more balanced, though it ultimately depends on individual preferences.

Let me give you an illustration. Say you diversify your funds across 3 to 5 traders, each having a different strategy, market (spot or futures), and exchange focus (usually Bybit or Binance). This way, you’ll have an edge in protecting your portfolio. One loss doesn’t spell disaster since you can offset it with potential gains from other sources.

Furthermore, the platform’s trading system is equipped with extensive risk-reward monitoring and management tools. Seamlessly track important metrics such as Sharpe ratio, maximum drawdown, and win rate to assess whether the potential returns align with your risk appetite.

Finally, for added control, activate or customize real-time alerts to keep up with market changes, drawdowns, and Zignaly price movements.

Earning Rewards

If you look up Zignaly staking, you’ll come back with empty hands, as such a feature is not available (yet). But that doesn’t mean the platform lacks opportunities for extra income.

As a copy trader, you can earn from the platform's multi-tiered referral program, totalling up to 300% commission. As a starter, you’ll need to invite 5 people within a week to earn 100% on their platform fees (calculated over 6 months). Each time their trades are matched, your income can triple up to 300%.

And if you’re a pro trader yourself, you can register as a wealth manager. However, the status isn’t just handed to your lap - you’ll need to prove your worth with consistent trading performance. Once you make the cut, you’ll earn up to 30% commission each time you generate profit for your followers.

Note that if your Z Score reaches below 40, your profile will be hidden until your trading track record rebounds.

📚 Read More: Best Referral Programs

Fees and Limits

Whether you’re a follower or a wealth manager, you need to understand how Zignaly's price breaks down.

Table: Zignaly price and fee details

I understand that some of these fees might look new to you, so let me explain in more detail:

• Success fees: Users will keep more than 70% of their trading profits. The rest 10-30% is split between the wealth manager and Zignaly, where the latter receives 5% of the share.
• Minimum deposit: You’ll need to have at least $10 in your account to begin trading. On average, though, people invest around $1,500.
• Withdrawal fees: Since Zignaly is a Binance broker, all accounts on the platform are sub-accounts under Binance, so they must follow the rules set there. The CEX incurs somewhere between 0.01% - 0.31% transaction fees (fiat only). For crypto, the fee structure depends on the token.

Note that there are no Zignaly bot fees, even if you’ve heard about them before. The platform keeps things pretty simple, only charging success or performance fees, though there are minimum thresholds for deposits and withdrawals.

Customer Support

Customer support is another aspect I’m happy to shed light on in this Zignaly review. If you need help in a pinch, you can ask the AI chatbot that operates 24/7. It’s accessible in the lower right corner of any Zignaly page.

Admittedly, AI is nowhere close to being perfect. So if you still feel like hitting a roadblock, you can immediately reach the Zignaly support team via the same chat box.

In case you prefer the email route, you can shoot a message to [email protected], though their response time might be longer. To fast-track the resolution process, include as many details about the problem you’re experiencing.

Additionally, you can submit tickets for feedback or feature requests. This can be helpful if you’d like to report bugs or share any ideas that can improve the user experience on the platform.

Zignaly's support team is also active on external sites like Trustpilot. From my observation, they consistently respond to user feedback. Even those that leave 1- or 2-star reviews receive attention, which is a sign that they value all input.

User Experience

The UX on Zignaly is a mixed bag. While the platform has come a long way from its earlier iterations, there are still a few rough edges that need polishing.

As part of my Zignaly test, I decided to take the copy trading for a spin, and the process was pretty smooth. I’ll give you a rundown of the tutorial later, so stick around.

For now, though, everything works seamlessly in practice. As expected, the UI displays all the necessary metrics to nudge users into making decisions^[2], such as the annualized return and risk level for every trader. The buttons are also laid out visibly, thoughtfully integrated into key areas of the page. When it’s time to take action, I know where to click right away.

Despite the positives, there are some negatives with the platform’s stability. One user on Trustpilot shared how he needed 9 trials to log in. The mobile and browser platforms are also riddled with bugs, often slowing down to the point where constant refreshes become necessary.

Nevertheless, Zignaly continues to optimize its front- and back-end, hoping that users with a previously subpar experience would give the platform a second chance.

How to Use Zignaly

Time to walk the walk - let’s see how the features I’ve described earlier actually work.

How to Create a Zignaly Account

Before carrying out some platform experimentations yourself, you’ll need an account. Follow the steps below:

Do not forget to activate two-factor authentication (2FA) to defend your account against hackers - they can snoop in anytime.

How to Deposit on Zignaly

As said previously, you’ll need to pre-fund your account before starting your trade.

Sit back and relax for a while; it’ll take some time for the deposit to arrive in your wallet.

How to Start Copy Trading on Zignaly

Without further ado, let’s see how you can begin copy trading, or profit-sharing in more precise terms, in this Zignaly review.

Now that you’ve learned the ropes, go ahead and scour more traders and strategies.

Comparison to Other Popular Exchanges

By now, you’ve likely got a pretty good picture of Zignaly’s true capabilities. But how do they compare to other tools or exchanges on the market?

Let’s evaluate some Zignaly alternatives. I’ll start comparing the social investment platform against leading players in the industry. Later on, I’ll delve into platforms that have a more similar approach, like Zignaly VS 3Commas.

Zignaly VS Binance

Zignaly is an official Binance partner, so in one way or another, they’re connected. That said, Binance runs a completely separate copy trading platform. Conversely, most wealth managers on Zignaly execute their trades on Binance.

From the get-go, their approaches are clearly different. Zignaly only lists AI-vetted traders, while Binance features a broader range of trading profiles. However, both platforms give you access to spot and futures trading strategies.

Additionally, Zignaly bots are no longer available. However, the platform has deployed its own wealth manager, the ZIG Vault, as a preparation initiative toward the launch of Zigchain on June 25th, 2025 (confirmed as of writing).

Binance, on the other hand, is the place to be for automation enthusiasts. It offers a full buffet of crypto bots, from grid trading to dollar-cost averaging (DCA bots), ensuring there’s something for your risk appetite.

Last but not least, Binance offers potentially lucrative opportunities through features like Simple Earn, where users can lock in their crypto for attractive returns. In comparison, Zignaly staking is unavailable at this time. That said, you can still unlock additional income by becoming a wealth manager or joining the referral program.

📚 Read More: Binance Review

Zignaly VS Bybit

Back in 2023, Zignaly proudly announced its integration into the top-tier exchange Bybit. If you’re lucky, you’ll find some Bybit-focused expert traders on Zignaly (though at the time being, there are none).

Both platforms also have their own copy trading terminals. Zignaly puts more emphasis on profit sharing, meaning you only pay when your trades succeed. By contrast, Bybit charges the standard maker/taker fees (between 0.02% to 0.1%), regardless of the outcome.

But if you’re looking to go beyond copy trading, Bybit is a derivatives powerhouse. For instance, you can act fast on market moves with options or futures contracts. And if you’re a believer of traditional assets, like gold, metal, oil, or indices, the CEX also has your back. Not to mention, there is a range of Bybit trading bots to check out.

📚 Read More: Bybit Review

Zignaly VS MEXC

MEXC is the go-to exchange for trending tokens. Its copy trading platform lists thousands of traders, giving you more flexibility. Meanwhile, Zignaly takes a quality-over-quantity approach with its selective options of 40-ish profiles.

Both platforms have different copy trading technicalities. On MEXC, you have the option to use a multiplier. Essentially, when a pro trader puts in $100 and you choose a 2x multiplier, your total investment will be $200. People usually choose this strategy to scale their profits, but there are risks entailed.

On the other hand, Zignaly is best-suited for strategic players. There’s no multiplier - simply enter how much budget to allocate and decide whether you’d like to reinvest or take home your profits.

Each platform evidently has its pros and cons, so it all boils down to your preferences. However, MEXC has the upper hand when it comes to product variety, especially if you’re a reward chaser. New project listings on the platform often come with bonus incentives, so keep your eyes peeled.

📚 Read More: MEXC Review

Zignaly VS 3Commas

If you search for Zignaly alternatives, 3Commas’ name often appears. Both of them also incorporate AI, but in different ways:

• Zignaly uses AI to cherry-pick trading pros.
• 3Commas goes all in with fully automated, AI-driven copy trading.

3Commas provides an array of bots, categorized by strategy, exchange (like Kraken, KuCoin, or HTX), and asset. There are more configurations involved, too, which can play well for tech-savvy traders. Just like how you’d place an order on an exchange, you can select the trading pairs, control the leverage and margin, etc.

On Zignaly, you don’t need to sweat over those settings - you fully place your trust in the traders’ strategies. They’re the ones deciding what to trade, which strategies to run, and so on. Plus, a $10 deposit is all you need to get started.

Meanwhile, 3Commas has a free plan, but it’s pretty bare-bones. The upgraded packages, however, cost at least $37.

📚 Read More: Best Crypto Trading Bots

Zignaly VS Shrimpy

Shrimpy used to offer crypto trading bots, but it has terminated such services on July 7th, 2023. Today, it has centered more around portfolio management.

Putting Zignaly VS Shrimpy side-by-side, the former is better for passive traders, whereas the latter for active ones. By now, it’s probably clear that the first platform lets you ride the wave of successful traders, so you have less to worry about during market downturns.

That said, Shrimpy gives you a more granular approach. Using its automation, you can customize asset allocations, rebalancing, and risk settings, among others. That way, you have more control over what to invest in and when.

Zignaly VS Cryptohopper

The concept between Zignaly VS Cryptohopper is similar in some places, but with a few nuances. The latter delivers both automated and copy trading in one. Cryptohopper even lets you use copy trading bots - but it requires an initial investment (the lowest pricing I see now is $15.99, with some already including a monthly subscription).

In terms of selecting traders, though, Zignaly gives you more guardrails. Whereas on Cryptohopper, you’ll need to do the heavy lifting yourself.

Between Zignaly VS Cryptohopper, the latter takes the lead with its diverse products. You can test your bots in a backtested or simulated environment. However, if all these features make your head spin, Zignaly might be a beginner-friendlier starting point.

Conclusions

To wrap up this Zignaly review, it’s clear that it isn’t just a run-of-the-mill platform. I highly appreciate its unique use of AI to handpick top-performing traders, eliminating the need to scroll through who’s worth following.

For passive traders, I can see how appealing Zignaly can be. It’s pretty simplistic - you can get started with $10, select the trader(s) you want to back with your funds, and that’s that. However, if you expect more advanced features, Zignaly might not quite hit the mark.

The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.

Scientific References

1. Fragnito F.: 'Copytrading, a New Phenomenon: Comparative Economic and Legal Overview';

2. Kawai D., Soska K., Routledge B., Zetlin-Jones A., Nicolas C.: 'Stranger Danger? Investor Behavior and Incentives on Cryptocurrency Copy-Trading Platforms'.