Spreading Risks Across Forex Brokers

[moonchild]

if you're a big stake trader and you have a lot of capital to play with in forex then it is important to spread your risks across different brokers, you should not pile up all of your trading capital into one brokerage and call it a day, the risk in doing that is, they can pack up at any time and that will put you at risk of losing your capital.

Especially If a broker is located in an island country, they are mostly a ticking bomb and can go bust at any time, but by spreading your risk across two or more brokers makes your capital safe because it'll be hard for all of them to go bust at the same time.