Trading with several brokers

[holycow]

In my opinion trading with multiple brokers can be good idea as nobody knows when a regulated broker either turns in a scam and stop paying. So as the eggs are not in a single basket we can manage our risks accordingly. Moreover we can also keep a check on our broker by withdrawing profits regularly and keeping the necessary capital with them.

 

[downtrend]

Being on more than one brokers is a very necessary aspect of current market situations. You can see that broker change the margin requirement on several high impact news events and also change the spread a lot so in these situations its very necessary to have several brokers for trading.

 

[ForexVerified]

Being on more than one brokers is a very necessary aspect of current market situations. You can see that broker change the margin requirement on several high impact news events and also change the spread a lot so in these situations its very necessary to have several brokers for trading.

But if the other brokers you have your account with increase margin requirements then you get nothing different than your first broker.

 

[holycow]

I guess we can also compare our brokers trading platform while trading with multiple brokers.

 

[carnelian]

It is important that you should keep an eye on your broker's behavior because several brokers change many things without prior information and then a trader can be on the loss part of those changes.

 

[EURUSD]

Actually I am also trade on several broker, and so far as long as broker still good and if can making profit then withdraw money still processed smoothly hence will always using these broker and I can making comparison which one broker that having fast execution

 

[downtrend]

Sometimes you need different types of account in order to do your trading. So you can choose different broker in order to get different kind of account services from them.

 

[nahiyar]

Now a days almost all brokers offer different types of accounts . However we can test their offers and services to see how they are dealing with different accounts then one can choose which type of account is best to work with a specific broker .

 

[downtrend]

Now a days almost all brokers offer different types of accounts . However we can test their offers and services to see how they are dealing with different accounts then one can choose which type of account is best to work with a specific broker .

Yes different brokers have different types of accounts but still you can trade differently on different brokers. Some are more good for scalping and some are good for long term trading.

 

[nahiyar]

Broker with different brokers enables you to choose which is good for you for what type of trading. Some brokers not allow scalping you can try other for scalping and for normal trading any other broker can be good for you.