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What if you have two accounts with the same dealer? ...and you have one EA on each and it just so happens you end up with a long and a short on the same pair?....same dealer different EA's and MT4's...
What if you have two accounts with the same dealer? ...and you have one EA on each and it just so happens you end up with a long and a short on the same pair?....same dealer different EA's and MT4's...
ES
Good question! That might be a possible loophole that traders will use
I have information that IBFX will allow online inter-account transfers soon (transfers between existing accounts online instantly)....so the managment of more than one account will be simplified and in the future will no longer need a form.
ES
Quote:
Originally Posted by forexsavior
Good question! That might be a possible loophole that traders will use
I have information that IBFX will allow online inter-account transfers soon (transfers between existing accounts online instantly)....so the managment of more than one account will be simplified and in the future will no longer need a form.
ES
That also exists already for a long time in Oanda between the sub-accounts you can create, but of course it is not an MT4 broker...
Yes I know...but they are listed in the saviors list as a 20 million dollar requirement...I just wanted to bring to light the 400:1 requirement....(30 mill)
^ Ummm...IBFX has 40 million+ dollar capital. So what's the problem?
If you haven't noticed, they are the broker, and if they just stick to processing orders instead of speculative activities, their capital is not going to go down anytime soon. No worries.
And if they do go under 30 million, just close the 400:1 leverage option, no big deal. I doubt they are going to miss the 400:1 accounts very much.
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Last edited by Kenny Rogers; 12-12-2008 at 06:17 PM.
Good question! That might be a possible loophole that traders will use
But it's different because broker must take into accountability and this plays with capital.
With hedge, as broker, I could play the zero sum game maintaining more positions that the ones I can support. And we also know brokers plays this game with long traders and short traders at the same time.