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Trading with several brokers

Discussion in 'Beginners Bootcamp' started by Antonio_84, Sep 7, 2015.

  1. planbfx

    planbfx Recruit

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    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.
     
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  2. nahiyar

    nahiyar Private, 1st Class

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    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.
     
  3. 7Bulletin

    7Bulletin Private, 1st Class

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    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.
     
  4. momo3HC

    momo3HC Corporal

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

    Thoris Private, 1st Class

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    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.
     
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  6. momo3HC

    momo3HC Corporal

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    That`s the same true and as it said: "Time is money." ;)
     
  7. JamesForexSlayer

    JamesForexSlayer Corporal

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    I trade with a couple. One for Forex and one for Crypto.
     
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  8. Enayess

    Enayess Private, 1st Class

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    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.
     
  9. JamesForexSlayer

    JamesForexSlayer Corporal

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    I can see where this would be an advantage.
     
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  10. carnelian

    carnelian Private

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    And would you like to tell us where this advantage would be ?
     

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