Yes, I have multiple accounts from years. I use HotForex and they are just best providers into the market.
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Is it possible to open multiple accounts in your broker?
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I don’t see the need to create multiple accounts with the same brokers, since you will still be getting the same price quote for the 2 accounts. But I know some brokers allow traders to have multiple accounts on their platform; I know some friends that maintain 2 accounts on the Profiforex and Oanda brokers. Personally, I keep 2 accounts with various brokers so that I can take advantage of the different price quotes.
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Originally posted by seantrade View PostI don’t see the need to create multiple accounts with the same brokers, since you will still be getting the same price quote for the 2 accounts. But I know some brokers allow traders to have multiple accounts on their platform; I know some friends that maintain 2 accounts on the Profiforex and Oanda brokers. Personally, I keep 2 accounts with various brokers so that I can take advantage of the different price quotes.
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Originally posted by springfx View PostWell it doesn't make sense to have multiple accounts with multiple profiles when you can manage all your accounts with the same profile, and even transfer funds among different accounts.
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if anyone trades more than one account under the same broker pls share and kindly let us know what the logic behind it, i read about spreading the capital between two brokers or more incase its too big, but does it help haing more than one account under the same broker?
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Originally posted by danzfx View PostAs I know, You can make one profiles with many account trading. I also have done this, making one profiles in a broker and create many account trading there. In liteforex, mayzus, fbs, insta will do like this..
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I used more than one account to test which one is suitable most with my trading skills. These day there are many kind of accounts as: standard account, true ECN, currenex, fixed spread,... So you might need open multiple account to get the best.
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My broker doesn't allow to open multiple account but I earn so much profit through one account that I do not need more accounts and I do believe that we lose much more if we cannot manage more accounts thus I prefer to trade with Single account but only with my current broker.
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Originally posted by mudra View PostMy broker doesn't allow to open multiple account but I earn so much profit through one account that I do not need more accounts and I do believe that we lose much more if we cannot manage more accounts thus I prefer to trade with Single account but only with my current broker.
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