Simulation questions, if somebody has $20 million ( just example) he want to invest his money to financial market with 2 way :
Option A : using $20 million to deposit with a lot of good forex brokers lets say 500-1000 brokers (make 5000 to 10,000 accounts) and diversified the portofolio and trade using trade copier
Option B : using $20 million to deposit in 10-20 brokers (make 20 to 50 accounts) and trade futures and option,
What’s the best option for the questions ? option A or option B ? And the reasons ?
Probably, you will get many answers as many users. I will personally take option B, the easiest way to find 20 good brokers than 500 and better diversification.
The last thing I would do with $20m is to trust it to any broker. A Forex broker just implements in the market your own instructions. So choosing one broker over another will have no impact on the outcome. It is your decision process that will determine what the outcome will be. We used to say, in the 1980s, that the fastest way to get $1M was to entrust $2M to a stockbroker.