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How many brokerage accounts do you trade out of?
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How many brokerage accounts do you trade out of?

  #11 (permalink)
Legendary Market Wizard
Portland, OR
 
Trading Experience: None
 
Massive l's Avatar
 
Posts: 1,829 since Mar 2011
Thanks: 1,358 given, 3,217 received

Interestingly enough, I've only used 2 brokers ever. E-trade was my first account and then TDA.
I've been with TDA for about 5 years now.

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  #12 (permalink)
London + UK
 
Trading Experience: Advanced
Platform: Proprietary Analytics
Broker/Data: Multiple broker + Multiple feed
Favorite Futures: Currently European and US equities
 
sands's Avatar
 
Posts: 443 since Dec 2013
Thanks: 241 given, 226 received

Currently only 2 for redundancy, however I think it's interesting to be able to trade strategies and spreads over 2+ accounts (e.g., one for long and one for shorts). You just need to be careful to enter and exit effectively, and also having multiple accounts also impacts overall capitalisation. So I'd not recommend multiple accounts for beginners or any anyone without the needed capital to cover the potential margin requirements on each account.

Thanks,

Sandeep.

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  #13 (permalink)
Switzerland
 
Trading Experience: Intermediate
Platform: NinjaTrader
 
Posts: 7 since Jun 2010
Thanks: 12 given, 0 received


Two, one for Forex (Oanda) and the other one for futures and CFD's (IB). But the Forex one isn't really in use right know, due to the low volatility.

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