Is it good to use two Brokers

This is a discussion on Is it good to use two Brokers within the Forex Brokers forums, part of the Commercial category; Originally Posted by progix Having more than one broker reduces the risk of loss in case broker went bankrupt. Moreover ...

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Old May 23, 2017, 3:35pm   #41
Joined Sep 2013
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Originally Posted by progix View Post
Having more than one broker reduces the risk of loss in case broker went bankrupt. Moreover i have found out that withdrawing profits regularly and keeping the necessary capital with broker is also good to practice in order to avoid any problems in future.
How do you manage trading with several brokers? Do you use special software or manually set orders? I consider it difficult to handle all at once that's why used to keep platforms working via mt4 autotrade tool..
gerryg is offline   Reply With Quote
Old Sep 29, 2017, 6:25pm   #42
Joined Apr 2017
New Forex traders should not trade with several brokers because of lacking live experience of trading. Managing different accounts in same time is really tuff task that can do only experience or senior traders easily.
Peter Borren is offline   Reply With Quote
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