Hey
People say when you become rich in forex and or you have a big account that you shouldnt use a retail broker anymore because it becomes too expensive
So what are the steps/limits to transfer between brokers.
Also, how does currenex work, are they a broker, or are they a software provider...I have the same question for FXall
Also when they say develop a relationship with one of the liquidity providers...what does that mean
This is what i figured the steps should be...but i am still lost
Retail Broker (IBFX, Forex.com ETC) Account Size <=$100,000
ECN (Dukascopy EFXG ETC) Account Size <=$1,000,000
What comes after that?
Thnx for the clarification
People say when you become rich in forex and or you have a big account that you shouldnt use a retail broker anymore because it becomes too expensive
So what are the steps/limits to transfer between brokers.
Also, how does currenex work, are they a broker, or are they a software provider...I have the same question for FXall
Also when they say develop a relationship with one of the liquidity providers...what does that mean
This is what i figured the steps should be...but i am still lost
Retail Broker (IBFX, Forex.com ETC) Account Size <=$100,000
ECN (Dukascopy EFXG ETC) Account Size <=$1,000,000
What comes after that?
Thnx for the clarification
Nothing is hard, some things just take more time and discipline.