Trading with several brokers

Petezaa

Recruit
Messages
60
I probably have accounts with 4 different brokers. Theres so many brokers out there these days.
 

George.b

FPMarkets Multi and Spammer
Messages
17
Is it good to have more than one broker in trading ? isn't it risky and managing them would be difficult ?
 

momo3HC

Master Sergeant
Messages
269
Is it good to have more than one broker in trading ? isn't it risky and managing them would be difficult ?
For me it`s not so good and it`s a distracting but like i`m seeing some other traders are fine with that so may it`s about personal preferences.
 

TJ Forex

Private, 1st Class
Messages
37
I currently use two, just to keep my strategies separate (yes I know i could have 2 accounts with one broker)
 

bigdolly

Sergeant Major
Messages
921
I probably have accounts with 4 different brokers. Theres so many brokers out there these days.
I also try to keep eggs in different baskets trading with several brokers. Basically I divide one big order between 3 brokers to get better execution. Smaller orders get executed better and faster what becomes quite noticeable during news trading.
 
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