Demo Account Guide
Demo Account Guide
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Having 2 Accounts At 1 Broker


Bodhan Panthi

Aug 19 2019 06:37

Can we have 2 trading accounts at 1 forex broker?


Anya Watson

Aug 20 2019 02:08

Not sure. It is based on the broker's rule. Sometimes, the broker allows the client to open more than one account, sometimes not. To make sure, please confirm to the customer service. Thanks


Bodhan Panthi

Aug 22 2019 01:10

Do I need to provide 2 accounts ID?


Anya Watson

Aug 22 2019 02:12

When you open an account, then you start accessing the member area, you can open another new account. Without having to send your ID again. Brokers like FxOpen, master forex, FBS, Insta forex are list of the brokers that allow the client to open more than one account. Usually, there is a "New Account" column when you log in to the broker's member area.


Wang Luz

Aug 25 2019 06:16

How do y manage your accounts? What is that for? Why do you need 2 accounts?


Anya Watson

Aug 27 2019 03:21

Hi Wang Luz,
Forex trading is an investment. There is no requirement to have 2,3, or more accounts. Only some traders are like that. Maybe for him:

  • Account 1 for daily WD.
  • 2nd account for weekly WD
  • 3rd account for monthly WD
  • 4th account for third, quarter, sixth, or annual WD.

Thanks.


Anya Watson

Aug 30 2019 04:21

Hi Wang Luz,
Forex trading is an investment. There is no requirement to have 2,3, or more accounts. Only some traders are like that. Maybe for him:

  • Account 1 for daily WD.
  • 2nd account for weekly WD
  • 3rd account for monthly WD
  • 4th account for third, quarter, sixth, or annual WD.

Thanks.