MoBest
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It is safe. You just got to be organized.Is it safe to trade with more than one broker? I read reviews from traders mentioning that we can miss on particular trades and lead to certain losses. Is it true?
It is safe. You just got to be organized.Is it safe to trade with more than one broker? I read reviews from traders mentioning that we can miss on particular trades and lead to certain losses. Is it true?
Exactly trading with multiple brokers can be confusing too. There are chances that you miss the best trading conditions.Is it safe to trade with more than one broker? I read reviews from traders mentioning that we can miss on particular trades and lead to certain losses. Is it true?
Personally I just stick with one broker that offers a load of markets to trade, preferably 24/7 Crypto.I'm trading with one broker now. How many brokers do you guys usually use? 1,2 or maybe more?
I actually don't think that that's a good idea to trade with several brokers. You know every broker offers different conditions that/s why a trader will has to remember all the information about two or maybe three brokers, hence his brain will be filled with unnecessary infromation. To m mind it will be interfere his/her process of learning. Moreover, they have to learn a lot of (in case we speak about beginners) and trading with several brokers may somehow confuse them. In my opinion, novices would better concentrate on trading with one broker which by their opinion best suit them and then maybe after learning, practicing a lot, when they will earn lots of money they can consider on connecting another broker.I would say you only need one, but may take trying a few before you settle. As others have said if you have a decent sum of money I would be tempted to have more than one