Moving to another level

Hi. I am currently with Pepperstone (Edge Razor) and IC Markets ECN. Account balances at about $10000. I am really happy with them, it feels good with regulated brokers and segregated accounts.

But will soon be ready to take my account sizes up to $20000. Is it recommended to stay at my brokers or is it better brokers out there at thoose account levels?

Please give some feedback :-)

It's always nice to come across traders who do well..and sure that will motivate a lot of newbies to learn and trade better. As regards the query, you can check online for brokers that offer similar trading conditions to what you are getting here..

At that level you still fine were you are. Most of the Bigger/older Brokers have comparable trading conditions in their ECN accounts.

As Segregated accounts does not mean much by itself in regards to deposit security, You must consider the "important" part of being "regulated". That is, if as traders we are covered by Compensation Funds scheme from each country were the Broker is regulated. I am not sure if Australia has such compensations fund and/or if Pepperstone Clients are covered.
You should inquired about that.

That is the last resource if the Broker mess up and goes Broke or gets intervene by the regulators.

In some countries, those compensations funds do not cover forex Brokers.
And/or there are limits to the money they will cover.

The safest country for Deposits for Forex traders is Switzerland. There, a few Banks deal with forex... (need Bank license in Switzerland to offer forex to retail clients)

Dukascopy is a good choice.

Next one would be the UK... I believe there also all forex clients would be compensated if the broker goes broke... but I believe is a lesser amount then Switzerland.

J.

don't know about IC but i feel you will be fine to stay unless you are trading massive amounts per lot and are not happy about your com. 20K is not a big figure for a trading acc. 500K plus yeh sure. the minimum to open with Interacive Brokers is 10k... so...