Thread: 100 Million Trade Account

Originally Posted by ;

quote Bearing in mind that it is unlikely any serious trader here is going to think you have $5m to deposit your account must be with Interactive Brokers. May I respectfully suggest that you do not risk greater than 0.25% per trade before you're always profitable on a quarterly basis... in actuality, in the event that you currently have two accounts, do not open a third till you've doubled them both with no drawdown greater than 30 percent.

Lol well I do not care if somebody doesn't believe me. . .Yes I currently do not risk no more than 1% per trade in my current accounts. However, thanks I will check out Brokers.

Originally Posted by ;

I humbly as you not to start a $5million dollar trading account. Your query shows a naivety, and you might be a liquidity supplier to us sharks. Keep that 5m and do something different. Trading demo for 10 years will not make you a pro. Nonetheless, it's your money!

I'll not risk $5million if I wasn't profitable

fxall http://www.fxall.com/
lmax https://www.lmax.com/ny4

Originally Posted by ;

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Thank you so much!!!

Can not you start at any broker if you've got that much money? I believed. If I read the rules in the event that you've got a Net worth of $10 million you can start at any broker you need within an ECP.

Originally Posted by ;

Can't you open with any broker if you have that much cash? I believed. When I read the rules correctly in the event that you have a Net value of $10 million you can open with any broker you need within an ECP.

Yes you can using a US broker. . .but I need a European/ Asian broker. They wont accept or let me since I'm an american citizen...I was thinking of maybe starting an offshore LLC (lawful) and trading through that.

But if you meet ECP needs my understanding is you can start an account everywhere. I asked several non US brokers and they said ECP customers are accepted by them.

Originally Posted by ;

But if you meet ECP requirements my understanding is you may start an account anywhere. I asked several non US brokers and they said ECP clients are accepted by them.

What brokers did you ask? Thanks!

Pepperstone and FxPro