Best broker for $1M account

What are reliable brokers for opening an account over 1 Milion USD?

for HNW accounts, from least min deposit > higher deposit

swissquotes bank if u want to solely focus on FX , min $250k

saxobank if u want diversified assets , min $1m

advancedmarkets if u want diversified assets with 3rd party(Macquarie Bank) custodian service , min $3m


but honestly, for 1m, it would be advisable for u to put together your own LP and Custodian if you dont care for leverage nor backend reporting work if the capital is yours and not investors.

For such an amount, the best broker is an American (interactivebrokers) (Stocks, futures, forex and options) In the brokerage services market for more than 40 years. The most popular broker among American traders. It is very popular among traders in Russia, Kazakhstan, and Ukraine.
Regulated by NYSE - FINRA - SIPC. Licensed in England, Canada, India, Australia and Japan

Please can you mention any of these American Interactive Brokers? Thanks

Should look for good broker with good regulatory such as NFA, FCA, ASIC and so on.

I would go for icmarkets, thinkmarkets or Globalprime

I recommend that you use Etoro they have a license from the UK FCA. There are also many trading products

Etoro is a bucket shop.

OP if you want to be safe, go with either Interactive Brokers or LMAX. You could also look into BaxterFX.

Yes, I agree with you, but they also have their own strengths and weaknesses

I really recommend you read my thread:

https://www.forexfactory.com/showthr...9#post12821169

i have real experience for this.
u can split your money into 20 brokers. thats 50000 usd for each.

Diversification is Ok but one quick question how to initiate trade on each account at the same time. One or two brokers are OK according to my experience however are we planning to hire 20 individuals as well to manage these accounts. Better to choose any reputable broker like hotforex, xm, exness, fxcm, lmfx etc and split it in max two if needed otherwise one single account may also works. Still better to go for diversification or its just my own experience.