Deutsche Bank?

pippy_longstocking · September 23, 2009, 3:44pm

I have never opened up an account before. I am leaning towards a large bank so that I know I am dealing with a reputable firm. I have chosen Deutsche Bank but I hear now that these are the requirements to open an account with them.

Does this make any sense? Why would they NOT want to take my money?

[I]Have a managed portfolio of at least 500’000 EUR
Worked in the financial sector for at least 1 year
Carried out at least 40 FX transactions for the last year.
[/I]

Thanks

rhodytrader · September 24, 2009, 7:46am

That doesn’t sound like you’re looking at their normal retail trading platform.

phil838 · September 24, 2009, 8:11am

Yeah, it sounds like you’re looking at opening a manager’s account or something.

Are you on their retail forex site, dbfx.com? The only requirement I see on there is $5000.