I just grew Tradersway account to 6 figures and I am afraid that if I grow the account too big then Tradersway will not let me withdraw my funds and close out my account. Therefore, I thought about opening 5 more broker account to diverse my funds. In case one of the broker goes bankrupt or shutdown for whatever reason, I lose around 25% of my funds. What other broker do you guys recommend for growing large account?
I want to grow my Forex account as big as it can get because placing my money in the bank does no good where I can just multiply that money over time. Plus, bigger account will also allow to use bigger lot size since the sky is the limit and I can’t think of anything else that will prevent me from using big lot sizes.
I have invested $500 and grew my account to $676,514. If the account is too big, I am afraid that my broker will not allow me withdraw it and then, the broker will steal the money and close out my account.
I can invest $50,000 in each account I open and grow it if I chose to open more account with different broker.
You were smart enough to grow an account by over 100,000% but you can’t figure out how to find a broker for your money. I call bogus on this whole post.
But I will play along just so I can plug a few of my most favorite brokers. For those who have access, go with TD Ameritrade, and if you trade Forex via futures then use TastyWorks.
You called this post bogus all you want. The truth is I just want to make the smart move by picking on the right broker. I don’t have a lot of experience with different broker; therefore, I rather ask other traders for their insight and reviews on different broker before I make my final choice. I have also consider choosing Interactive Brokers as one of my reputable broker, but I am still reading more about them. By the way, I live in the US so I want to open an account with a broker will accept US clients.