Is it good to use two Brokers

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Old May 20, 2013, 9:05am   #9
 
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Re: Is it good to use two Brokers

Been using three brokers to date,,, but not the commonly advertised..mostly those who give really low leverage and require huge capital amounts
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Old May 20, 2013, 9:20am   #10
 
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Re: Is it good to use two Brokers

Well I have 02 brokers at the moment.
Never had any issue with them up to now.

I think it is good to have 02 brokers . We cannot predict the future. Don't like lose my all money to a scammer.
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Old May 22, 2013, 8:12am   #11
 
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Re: Is it good to use two Brokers

I think there is no effect using two brokers for two different accounts. The special thing need to keep your eye on the secure and the profit.
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Old May 22, 2013, 8:45am   #12
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Re: Is it good to use two Brokers

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Originally Posted by Lord Flasheart View Post
Havent read the thread fully,but I use two brokers. One is a so called bucket shop that gives me great prices on most majors and the other I use as it gives better spreads on the other pairs,simple as that
So you trade with a bucketshop on purpose. Interesting.
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Old May 22, 2013, 9:10am   #13
 
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Re: Is it good to use two Brokers

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Originally Posted by Giovan View Post
Been using three brokers to date,,, but not the commonly advertised..mostly those who give really low leverage and require huge capital amounts
sure i do,there not what they used to be. ! pip fixe3d on euro with bonuses attatched,why not
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Old May 22, 2013, 9:55am   #14
 
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Re: Is it good to use two Brokers

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Originally Posted by BlueSLady View Post
I think there is no effect using two brokers for two different accounts. The special thing need to keep your eye on the secure and the profit.
Of course there is. Its just about the prices. When I want to take a trade I know which broker to go for. I reckon it saves a lot during the course of a year.
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Old May 25, 2013, 9:35am   #15
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Re: Is it good to use two Brokers

I guess not all brokers are good for scalping so in this case, we have to use a broker that has lightening fast execution. Then you can use your other broker for swing and day trading.
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Old May 27, 2013, 2:26am   #16
 
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Re: Is it good to use two Brokers

Having multiple brokers is good for redundancy purpose, reducing impact of broker's bankruptcy and meeting your different trading needs (spreads, swaps etc).
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