How Much Money Should You Risk With A Broker? | Forex Factory

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How Much Money Should You Risk With A Broker?

  • #1
  • First Post: Oct 20, 2007 5:29pm Oct 20, 2007 5:29pm
Although I am only comfortable depositing funds with a forex broker affiliated with NFA & CFTC, while having at least $20M in excess capital reserves, I am a bit nervous about depositing large sums of capital with a broker, especially considering what happened with Refco.

Does anyone have more than $1M USD (or at least $500k USD - $750k USD) in deposits with a broker, particularly a MT4 broker?

Walt
  • #2
  • Oct 20, 2007 6:52pm Oct 20, 2007 6:52pm
Quoting jones247
How Much Money Should You Risk With A Broker?
as much as you can afford to lose is probably the best answer, even after doing all of your due diligence.
  • #3
  • Last Post: Oct 20, 2007 9:21pm Oct 20, 2007 9:21pm
It's one thing to lose money due to bad trades; however, it's altogether another thing to lose money due to a brokers insolvency or fraud!!

If the forex futures market had a mt4 platform, I would probably leave the spot market.

Walt
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