Edit Your Comment
Do you place your money in one broker or divide it?
Feb 16, 2015 at 08:16
Anggota Sejak Feb 05, 2015
3 pos
I am curious what other people do:
I always have a certain fear, my money is never safe online. Many already experienced like frozen accounts, from gaming to ewallets and broker platforms.
Do you guys stick it in one broker or use multiple? in case something happens to one, you are not stuck at all anyway.
Might be a dumb question lol so don't shoot me lol.
I always have a certain fear, my money is never safe online. Many already experienced like frozen accounts, from gaming to ewallets and broker platforms.
Do you guys stick it in one broker or use multiple? in case something happens to one, you are not stuck at all anyway.
Might be a dumb question lol so don't shoot me lol.
Feb 16, 2015 at 12:33
Anggota Sejak Feb 11, 2015
25 pos
Forex21 posted:
Personally, I prefer to share my capital. Though, deposits are safe with most brokers (at least when they are regulated), it is still the best to make sure you have a plan B for a worst case scenario (broker goes bankrupt).
Isn't there something like an insurance for such a case? Where the broker goes bankrupt?
Feb 16, 2015 at 13:15
Anggota Sejak Feb 22, 2011
4862 pos
RlySrsly posted:
I am curious what other people do:
I always have a certain fear, my money is never safe online. Many already experienced like frozen accounts, from gaming to ewallets and broker platforms.
Do you guys stick it in one broker or use multiple? in case something happens to one, you are not stuck at all anyway.
Might be a dumb question lol so don't shoot me lol.
@RlySrsly
Always diversify. Different accounts at different brokers and currencies.
Feb 17, 2015 at 08:39
Anggota Sejak Feb 05, 2015
3 pos
Thx for the replies.
@dty12 : I am not completely aware how far a retail trader is protected. probably depending on the brokers policy too.
But also my question was pointing to the case if you bet it all on one horse or several. Lets say your money is stuck in an account (frozen for example due various reasons) you won't be able to trade until its re-opened.
@vontogr : Different currencies? for what specific reason(s) you would do so?
@dty12 : I am not completely aware how far a retail trader is protected. probably depending on the brokers policy too.
But also my question was pointing to the case if you bet it all on one horse or several. Lets say your money is stuck in an account (frozen for example due various reasons) you won't be able to trade until its re-opened.
@vontogr : Different currencies? for what specific reason(s) you would do so?
Feb 17, 2015 at 11:04
Anggota Sejak Feb 22, 2011
4862 pos
RlySrsly posted:
Thx for the replies.
@dty12 : I am not completely aware how far a retail trader is protected. probably depending on the brokers policy too.
But also my question was pointing to the case if you bet it all on one horse or several. Lets say your money is stuck in an account (frozen for example due various reasons) you won't be able to trade until its re-opened.
@vontogr : Different currencies? for what specific reason(s) you would do so?
Well it is always better to diversify,
Imagine you had account in RUB or EUR only. In such case you lost a lot recently.
Feb 17, 2015 at 11:10
Anggota Sejak Feb 11, 2015
25 pos
RlySrsly posted:
Thx for the replies.
@dty12 : I am not completely aware how far a retail trader is protected. probably depending on the brokers policy too.
But also my question was pointing to the case if you bet it all on one horse or several. Lets say your money is stuck in an account (frozen for example due various reasons) you won't be able to trade until its re-opened.
@vontogr : Different currencies? for what specific reason(s) you would do so?
What do you do yourself?
Anggota Sejak Sep 09, 2014
65 pos
Anggota Sejak Dec 10, 2014
107 pos
Mar 14, 2015 at 14:11
Anggota Sejak May 25, 2014
3 pos
Never use only one
1) You never know if they will pay you back (counterparty risk diversification)
2) In case your broker has technichal problems (server,...) you can hedge positions with another.
but of course it depends on the amount you are trading with - if you have less than 5k stick with one.
1) You never know if they will pay you back (counterparty risk diversification)
2) In case your broker has technichal problems (server,...) you can hedge positions with another.
but of course it depends on the amount you are trading with - if you have less than 5k stick with one.
Mar 14, 2015 at 14:11
Anggota Sejak Jan 22, 2013
6 pos
I have three different broker accounts - brokers do go broke, even reputable ones and it seems best to spread your capital around. In the same way you wouldn't keep all your capital in your trading account, only the 20% or so that you would trade with on a monthly basis.
Anggota Sejak Jan 19, 2015
206 pos
Mar 15, 2015 at 08:04
Anggota Sejak Jan 19, 2015
206 pos
its better to us 2-3 brokers and divide ur trades too if its difficult to manage more than one account manage only one using an ea called trade copier free use technology to protect ur money
Greed and Non acceptance are the biggest enemies
Anggota Sejak Jan 19, 2015
206 pos
Mar 15, 2015 at 08:13
Anggota Sejak Jan 19, 2015
206 pos
google mt4i copier and try it on demo with different deposit like 1000 10k and 100k u will see its usefull in managing the bigger account using smaller as it creates positions according to percentage but be wise with smaller account copier synchronises your trade with different brokers
Greed and Non acceptance are the biggest enemies
Anggota Sejak Feb 04, 2015
12 pos
*Penggunaan komersial dan spam tidak akan ditolerir, dan dapat mengakibatkan penonaktifkan akun.
Tip: Memposting gamba /url youtube akan secara otomatis menyematkannya di postingan Anda!
Tip: Ketik tanda @ untuk melengkapi secara otomatis nama pengguna yang ikut serta dalam diskusi ini.