Which FX broker for £100k deposit??

Jan 16, 2011
14
0
11
#1
Hi guys im currently with a few brokers now but i hold just under £30k, but i was wondering if i wanted to deposit around £100k mark does anyone know which broker in terms of security would be best? I know in regards to fca and £50k protection but where should i go with more amounts? I am uk based and trade fx only. Thanks guys
 

Kaeso

Active member
Oct 4, 2015
860
91
38
#2
Hi guys im currently with a few brokers now but i hold just under £30k, but i was wondering if i wanted to deposit around £100k mark does anyone know which broker in terms of security would be best? I know in regards to fca and £50k protection but where should i go with more amounts? I am uk based and trade fx only. Thanks guys
have a look at the company's credit ratings
FCA authorised firms should segregate client funds anyway
The limit is going to increase to £85,000 in April 2019 btw
 
Last edited:

hatemypips

Active member
Nov 11, 2014
210
2
28
#3
Hi guys im currently with a few brokers now but i hold just under £30k, but i was wondering if i wanted to deposit around £100k mark does anyone know which broker in terms of security would be best? I know in regards to fca and £50k protection but where should i go with more amounts? I am uk based and trade fx only. Thanks guys
Go with IB, LMAX or Tickmill. They all have stable liquidity providers and properly regulated
 
Jan 16, 2011
14
0
11
#4
Hi guys in the end i opened a Tickmill account and so far no issues at such. Thank you for the recommendations.
 

hatemypips

Active member
Nov 11, 2014
210
2
28
#5
Hi guys in the end i opened a Tickmill account and so far no issues at such. Thank you for the recommendations.
Nice. Keep up with your progress, it's not so often to see serious traders here :smart:
 

Lee Shepherd

Well-known member
Feb 12, 2008
2,165
570
123
#7
Personally I wouldn’t carry more than £25k with one broker .....but understand there’s not that many around you can trust ....

N
What.... Why not?? So you don’t have this amount personally with one broker? You must be running multiple platforms and brokers?

FSCS guarantees at least twice this amount. If their bank goes bust it’s 3 times the amount. If you have a trading strategy making money, why not max it out and equally maximise your profits?

Traders don’t make a living by having under £25k accounts!
 

bigmistake

Active member
Sep 10, 2012
235
0
26
#8
all brokers welcome any deposits, but you should stick with tier 1 forex brokers because they are reliable and could handle such large amounts as yours. Don't risk your money with no-name brokers.
 

hatemypips

Active member
Nov 11, 2014
210
2
28
#9
all brokers welcome any deposits, but you should stick with tier 1 forex brokers because they are reliable and could handle such large amounts as yours. Don't risk your money with no-name brokers.
Which brokers according to your view, meet the criteria you mentioned. Proper advice should consist clear instructions on what to do, IMO.
 
May 28, 2018
10
0
1
#10
The ECN broker is your best choice for this amount of money.
 
Jan 16, 2011
14
0
11
#12
Hi guys just a update, so far going very well with tickmill, axi trader and fx primus, with all three i have had no issues in the following:
Account setup, depositing money and one of the most important aspects withdrawals.
 

hatemypips

Active member
Nov 11, 2014
210
2
28
#14
Hi guys just a update, so far going very well with tickmill, axi trader and fx primus, with all three i have had no issues in the following:
Account setup, depositing money and one of the most important aspects withdrawals.
How much did you withdraw from any of them? Does it exceed deposit or you try to take profit withdrawing small by small amounts?
 
Jan 16, 2011
14
0
11
#15
How much did you withdraw from any of them? Does it exceed deposit or you try to take profit withdrawing small by small amounts?

Hi from all three of them i have withdrawn profits of 10% each month for the last two months give or take a few weeks. But honestly no problems at all except Axi withdrawal went through in 1 full day i.e withdrew at 11am mon tuesday 11am it was in my uk bank ac.

Tickmill same as Axi.

Fxprimus took 3 full days withdrew on mon in my uk account by thursday morning.