Thread: Trading with Prime Brokers: What kind of margins do they offer?

Does anyone know how much you need to deposit to operate with a prime broker in Forex such as Citi, JPM or Deutsche Bank?Does the monthly volume play an important role to obtain an account?What kind of margins do they offer?What is the minimum margin necessary to operate greater or minor fx pairs?What leverage can be obtained with the 10 main banks in the Forex Spot trading?If you become too big for a retail broker, what are your best options between retailers and big banks?

Forget about the prime brokers if you do not handle capital of minimum 50-100 million.They will not give you the time if you do not meet their capital requirements and monthly volume.Those are not brokers for mortals.

First of all, I have never operated with a prime broker level 1, only with primes of primes (pop).I think you would need a significant amount of capital, probably in the neighborhood of $ 500m AUM.Previously it was about $ 25-50M AUM before the SNB incident that made PBS much more selective with whom they do business.

Exactly, and in addition to $ 500m, you must also have a solid trading history and comply with strict compliance regulations.The prime brokers do not bother the little ones.

Thank you very much for your information.As for pop with 100: 1 of leverage, I need to know which are the most serious.A $ 250K tank and a volume of $ 500m per month is no problem.But what I don't like are high margins.I have heard that saxo does not provide 100: 1 of leverage, right?

If you are looking for 100: 1 of prime brokers, prepare to have higher spats and additional commissions.Saxo, as you mentioned, and other greats will not offer such leverage so easily, especially after recent regulatory changes.

All those mentioned are serious players.Gain GTX was bought by Deutsche B�rse and integrated in his 360T platform a few years ago.I referred to Velocity Trade, the broker, and not to the single dealer of Citi.If you want to know more, I suggest you contact each one.

If you decide to contact, be clear about your value proposal and what volume you can move.Prime Brokers do not waste time with potential clients who do not meet their minimum criteria.

When you look for brokers with higher leverage options, consider factors such as reputation, trading conditions, quality of execution, customer support, your promotions and the general adaptation of your offers to your trading strategy.

It is easy to be blinded by high leverage, but that can also be a quick path to lose everything.Make sure your strategy is prepared to handle that level of risk before going after a pop with 100: 1.