To trade 2 brokers simultaneously I use autotrade feature provided on my Нotforex platform. Using HF's account as master and other accounts as slave I can execute same traders on different platforms, compare spreads, execution, etc. Very useful feature..2 brokers is normal, but if you try to trade simultaneously 2 brokers, you could make more mistakes than one.
I am not willing to trade with two brokers as that’s very difficult to main tow account at the same time, if we can make sure the most credible trading platform , I think it is quite enough to trade with just one broker ,There are number of advantages when we are choosing two brokers, splitting the funds between two accounts, one broker may not provide all the facilities so find it in another broker.
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.It's safer to start with more than one broker.
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..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.
Pro traders work on proprietary platforms, or banks. Pro retail traders are rare case now, considering that to be competitive only skills are not enough.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.