Trading with several brokers

planbfx

Recruit
Messages
4
Depending on your trading needs and strategies, i would always recommend to have an account with multiple brokers.
Some brokers offer better spreads for specific trading volumes. Keep looking for better offers, but only work with regulated and reputed brokers.
 

nahiyar

Private, 1st Class
Messages
747
Yes it is good to get experience with several brokers may be you find good offer regardin gany aspect of trading. Some times spread, leverage and trading terms are different from one another then a trader candecide well which thing is suitable best for him with any specific broker.. Then he will get idea about trading accuracy as well as transactional issues.
 

7Bulletin

Corporal
Messages
94
I think it's totally fine to test the waters on the several platforms, each have something new in them for real. Have different min deposit, min leverage and min pips and so on and on and on. How to work it out ? I am glad you learned here as well.
 

momo3HC

Sergeant
Messages
193
Never liked to trade with more than 1 broker. Just find that broker that suit you best and use only him.
 

Thoris

Private, 1st Class
Messages
84
Yes, you could trade with several brokers, that's for sure really but please understand that it's also not that profitable idea in itself. You spread all your energy between some several people and that's really it no matter what you say about that.
 

momo3HC

Sergeant
Messages
193
Yes, you could trade with several brokers, that's for sure really but please understand that it's also not that profitable idea in itself. You spread all your energy between some several people and that's really it no matter what you say about that.
That`s the same true and as it said: "Time is money." ;)
 

Enayess

Recruit
Messages
76
You mean at once or step by step really anyway ? Cause how much money you really need to make in order to make it all profitable on several platforms out there ? Just select 3-4 most reputable and go with them for most of your volume.
 

JamesForexSlayer

Sergeant
Messages
220
Depending on your trading needs and strategies, i would always recommend to have an account with multiple brokers.
Some brokers offer better spreads for specific trading volumes. Keep looking for better offers, but only work with regulated and reputed brokers.
I can see where this would be an advantage.
 
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