Hi,
I am currently trading a personal account with Dukascopy. (Around USD 50K).
I had decided to go with Dukascopy for my personal account after they got their banking license (and thereby giving some security to my funds).
I am pretty happy overall with Dukascopy's platform (spread,execution and customer support).
I am now thinking of scaling up a bit, I would be trading for a few investors as well as my personal account. I would peg the capital at around USD150k for now.
I am now wondering if my slightly revised trading capital would help me get access to better brokers/banks?
By better, I mean tighter spread/lower transaction cost (as well as possibly more liquidity partners) than what I am currently enjoying with Dukascopy.
I have researched and decided against "similar" brokers like Interactive brokers,MBT and even LCG currenex as they are not too different/better than dukascopy.
I would like to know know the actual figures (and not educated guesses) on capital required to approach Tier 1 Prime Brokers (Which I know I would not qualify for right now) or Tier 2 Prime Brokers.
Thanks in advance for anyone taking the time to help me out by giving suggestions.
Regards.
I am currently trading a personal account with Dukascopy. (Around USD 50K).
I had decided to go with Dukascopy for my personal account after they got their banking license (and thereby giving some security to my funds).
I am pretty happy overall with Dukascopy's platform (spread,execution and customer support).
I am now thinking of scaling up a bit, I would be trading for a few investors as well as my personal account. I would peg the capital at around USD150k for now.
I am now wondering if my slightly revised trading capital would help me get access to better brokers/banks?
By better, I mean tighter spread/lower transaction cost (as well as possibly more liquidity partners) than what I am currently enjoying with Dukascopy.
I have researched and decided against "similar" brokers like Interactive brokers,MBT and even LCG currenex as they are not too different/better than dukascopy.
I would like to know know the actual figures (and not educated guesses) on capital required to approach Tier 1 Prime Brokers (Which I know I would not qualify for right now) or Tier 2 Prime Brokers.
Thanks in advance for anyone taking the time to help me out by giving suggestions.
Regards.