Is BlueBerry Markets The Best Forex Broker?

Recent Posts

Why Does MT4 Say Not Enough Money? 


Imagine this for a moment:

You get your MetaTrader 4Opens in a new tab.

You’ve played around with the software little bit on a paper trading and demo account, and have a pretty good feel for how everything is supposed to work. 

You’ve got the green light from your broker that all of your documents are good to go – now you are fully verified and can start trading on MT4. 

There’s just one wrinkle: 

For some reason this platform is telling you that you don’t have enough money to make the kinds of trades you want to make. Why does MT4 say not enough money in your account? 

MetaTrader 4 displays the ‘Not Enough Money’ error code when you are either short of account balance, or even margin. If you already have open trades that are using a substantial amount of your margin, this would mean you do not have enough money to open new positions. This would be the most common occurrence of the error message.

Why Does MT4 Say Not Enough Money? 

1. Account Hasn’t Been Funded Yet 

The most common reason that you are going to see this error code, the “Not Enough Money” error code, is simply because your account hasn’t yet been funded. 

Now, there’s a difference between your account not being funded yet and you initializing your deposit. 

While most brokers do a great job of getting your deposited funds into your account and available right away, some of them take a little bit longer than others. 

You might just have to wait 24 hours (rarely any longer than that) for your account to technically be funded and this error code goes away. 

2. Account is Sufficiently Funded for This Trade 

Secondly, you might have funded your account with a specific amount of money but don’t have enough to cover the kind of trade you’re looking to do right now. 

It’s not hard to lose track of where you allocate your funds in your MetaTrader 4 software. Especially if you are particularly active with your trading.

All you might have to do to fix this is fund your account a little more to cover this trade (and any others you want to execute). 

3. Account isn’t Sufficiently Funded to Meet Margin Requirements 

Finally, you might see the “Not Enough Money” MT4 error pop up if you don’t have enough funding to meet the margin requirements that you are hoping for. 

A lot of this depends on the margin rulesOpens in a new tab.

These rules can vary from one broker to another, and since is not uncommon for people that multiple accounts on multiple brokers in Forex it’s not hard to get these rules sort of jumbled up.

This is the most common reason you may be seeing the ‘Not Enough Money’ error message whilst trading on MT4. I’d recommend brushing up on what margin is within forexOpens in a new tab.

How to Fix MT4 Saying Not Enough Money

1. Fund Account to Get Approval for the Trade 

The easiest way – and the most reliable way – to resolve this problem once and for all is to simply fund your account to get full approval for all the kinds of trades you’re looking to do.

As a general rule of thumb, a lot of Forex traders recommend that you carry at least 10% “extra” to sort of buffer your account.

This is money that you aren’t necessarily going to trade or invest with, but it’s always there as a sort of rainy day fund to cover you if you want to jump on a new position.

Keep your account fully funded and you won’t see this error at all!

In Conclusion – Why Is MT4 Showing The ‘Not Enough Money’ Error Message?

In short, you’re seeing an error message from MetaTrader 4 simply because you don’t have enough money in your account. Whether this is made from account balance or margin, you’ll need to ensure you fix the problem by increasing your account funds. By doing this, you’ll no longer see the ‘Not Enough Money’ error message when trading on MT4.

I hope this helped you! If you are still having any issues, please comment down below and I will try my best to assist.

Why Does MT4 Say Invalid Account?  


Few things are as frustrating as booting up MetaTrader 4Opens in a new tab.

Why does MT4 say invalid account, you wonder? 

Well, it turns out there are a couple of different reasons this error code may be returning – all of which you’ll need to be able to troubleshoot, resolve, and move past if you’re going to get back into Forex with MT4.

The MetaTrader 4 ‘Invalid Account’ error message can mean range of different errors are taking place. Most commonly, it will indicate that either the market is paused, server information is wrong or your account has not be correctly configured by your brokerage firm.

Why Does MT4 Say Invalid Account? 

As highlighted a moment ago, there are a couple of different reasons that MT4 may return the “Invalid Account” error code. 

We highlight the most common reasons below.

1. Market is Paused 

This one gets a lot of new MT4 traders as well as a lot of Forex veterans. 

When the market pauses on Saturday through Sunday evening you aren’t going to be able to access the MT4 tools you’d use to place trades – because the market isn’t available for trading in the first place! 

If you are getting “invalid account” error codes on Saturday and early Sunday this is probably the reason. 

2. Server Info is Inaccurate 

Another common reason you might see this error code is because the server number that you were using to log into the account is inaccurate. 

A server number is going to be provided to you from your broker, but sometimes there are typos or sometimes different servers get mixed up. If that’s the case here your credentials could be correct but you still wouldn’t be able to access the server because it is incorrect.

3. Account Hasn’t Been Activated 

It’s not hard to get excited and eager about jumping into the Forex world, especially when you create your new account. 

If that account hasn’t been approved (and if supporting documentation hasn’t been verified) you’re not going to be able to login right away, though. The delay will take as long as it takes your broker to confirm these details – but that’s usually not any longer than a day or two. 

4. Outdated MT4 Trying to Gain Access 

MT4 is regularly updated by the folks behind MetaTrader and you need to be running the latest version to gain access to all these trading tools. 

Do not skip any MT4 updates. That will instantly lock you out of this platform until the updates are done. 

5. Credentials are Incorrect 

Double check that your credentials are spelled correctly, that anything that needs to be capitalized has been capitalized, and that your password is good to go. 

Account Hasn’t Had Activity for 90 Days 

If your MT4 account hasn’t had any activity on – including just a login and logout – it will automatically be blocked until you have your broker open it back up for you.

How to Fix MT4 Saying Invalid Account 

As annoying as the Invalid Account error code is, luckily, it’s a 5 minute fix! Try these steps below to get your error resolved in a few minutes…

1. Confirm Internet Connection 

The first thing you’ll want to do to fix the “Invalid Account” issue is to double check that your internet connection is on, stable, and secure. 

2. Confirm Login Credentials 

After that, you’ll want to confirm your login credentials are accurate. 

3. Reset Password 

If you still aren’t able to get into your MT4 account, and are still getting the Invalid Account error code, you may have to go through the process of resetting your password or your credentials. I have a quick guide on how to reset a MetaTrader 4 passwordOpens in a new tab.

4. Contact Support for Further Help 

Should you still be unable to access your MT4 installation it might be a good idea to get a hold of your broker customer support team.

They’ll be able to walk you through the step-by-step process for getting this resolved.

In Summary – What Does The MetaTrader 4 ‘Invalid Account’ Error Mean?

In conclusion, the Invalid Account Error on Metatrader 4 is a broad error that can be caused by several reasons. The most common being; markets are paused, server info is inaccurate, account hasn’t been activated or your credentials are incorrect. If you’re still having trouble logging in after trying these methods, we recommend contacting customer support for further help.

Did this guide help? If you’re still having issues, please drop a comment down below and we will try to assist further.

Why Does MT4 Say Trade Is Disabled?


Dealing with MetaTrader for error codes can be a little frustrating – especially if you’re not used to seeing these errors pop up with the industry standard brokerage platform.

MT4 is universally beloved by traders and brokers alike, giving everyone in the Forex world access to the kinds of tools and technology they need to achieve their goals in the Forex market.

That being said, MT4 is not flawless. One of bugs you’ll need to fix occasionally is the trade disabling bug. So why does MetaTrader 4 say trade is disabled and how do you fix it?

MetaTrader 4 displays the ‘Trade Is Disabled’ error for the following reasons:

  1. Invalid Currency Symbols Are Detected.
  2. Currency Pairs Are Disabled Temporarily.
  3. Auto Trading Is Disabled.
  4. Internal Connection Is Too Weak.

Why Does MT4 Say Trade is Disabled?

There are a couple of reasons that MT4 Error 133 – Trade Disabled – can pop up on your MetaTrader software every now and again.

Incorrect Currency Symbols Detected

One of the most common reasons this error code presents itself is because your broker is using a currency suffix that the trade copier has been unable to detect for one reason or another.

This most commonly happens when brokers use different symbols for different pairs, throwing things a little bit out of whack until MetaTrader can grapple with the information they are being fed and then solved the issue moving forward.

Some Currency Pairs May Be Temporarily Disabled 

Another reason that this error code – Error 133 – can present itself is if certain currency pairs that MetaTrader 4 is used to handling are disabled for trading by your broker for variety of different reasons. 

Sometimes brokers pause trading on different currency pairs, and sometimes they disabled trading on currency pairs altogether. Not every broker is wild about supporting the most exotic pairs on the planet, for example.

If that happens – if a currency pair has been disabled by your broker – MT4 will send you this alert as soon as you try to execute your trade.

Forgotten to Enable Auto-Trading in MT4

If you have forgotten to enable auto trading in MT4 you may not be able to execute the kinds of trades you have selected in your software, just because your manual and auto trading settings are in conflict with one another.

Internet Connect is Slow or Unstable

Internet connections that are slow, unstable, or unreliable can also cause Order Send errors – including Error 133 – to pop up every now and again.

How to Fix MT4 Saying Trade is Disabled

Luckily, there are various ways to fix the ‘trade is disabled’ error message on the MetaTrader 4 terminal…

Confirm Currency Symbols are Correct 

For starters, you’ll want to confirm that all currency symbols are correct between your installation of MT4 and the broker that you are using. 

This should only take a couple of seconds. If things are sideways, reach out to your broker and see if they can remedy the issue ASAP.

Enable Auto-Trading

If you are getting this error because of auto trading settings you might just have to toggle on the “enable” option and let auto trading go through.

That’s an easy fix!

Try Manual Trading to See If Certain Currencies Are Stopped 

If you are concerned that certain currencies have been suspended or pause indefinitely you might want to manually push and order through, just to see what happens. 

This error returning consistently lets you know that the orders cannot be placed.

Double Check or Reset Your Internet Connection

Lastly, you might just have to restart your internet connection or connect when you have a more stable connection available to fix this problem.

In Summary – Fixing The MetaTrader 4 ‘Trade Is Disabled’ Error

I hope this article has helped you quick fix this error code on MT4. If you have any questions or suggestions, feel free to leave them in the comment section below.

This guide should help you determine what’s causing Error 133 on your MT4 platform so you can get back to trading as soon as possible.

If you are still having trouble, please don’t hesitate to reach out and we’ll do our best to assist!

What Is The Best Exotic Forex Pair To Trade?


 Most important fundamentals Forex investors will need to master is differentiating between non-exotic currency pairs and exotic currency pairs.

The US dollar (USD) is far and away the world’s most traded currency. It has a huge trading volume and acts as the world’s reserve currency. The US economy is strong and stable as well, and that means that a lot of other currencies – especially those from other large economies – are heavily traded against the US as well.

On the flip side of things, though, the Turkish lira doesn’t get anywhere near as much attention in the Forex world as the US dollar does.b The volume isn’t as high and the “stability” for this currency isn’t as reliable as the USD is.

The best exotic forex pairs to trade in 2022 are:

  •  USD/THB
  • JPY/NOK
  • EUR/TRY
  • GBP/ZAR
  • AUD/MXN
  • USD/VND

If you are going to trade exotic currency pairs, you need to be sure that you are focused on the best exotic Forex pair to trade and not just picking a handful of random pairs that feel a little bit “off-the-wall”.

What is the Best Exotic Forex Pair to Trade?

If you are serious about trading exotic currency pairs in the Forex world you want to be sure that the pairs you are going after have a couple of things in common. 

For one thing, you want to make sure that these pairs have a little bit of volatility to them. That’s where a lot of the value in trading exotics come from, after all. In fact, if you look at the most volatile forex pairsOpens in a new tab.

Secondly, you need to confirm that the exotic pairs you are after have the potential to move in the direction that you want them to. Volatility is good if it is directional. Random volatility, though, can be trouble.

Third, you need to be able to easily identify the trendsOpens in a new tab.

If the charts feel like you are trying to read tea leaves in the middle of a pitch black room the odds are pretty good you’re going to have a tough time making money with exotic pairs.

If, on the other hand, the trends and charts are relatively easy to identify (regardless of where those trends are moving) you’ll know better how to position yourself to make money with these pairs.

At the end of the day, in 2022, these are the best exotic Forex pair to trade options on the market today: 

Why are Exotic Forex Pairs Higher Risk to Trade?

Now that we’ve highlighted the best exotic Forex pairs to trade in 2022, it’s time to highlight a few of the risks Forex investors are going to have to confront if they decide to prioritize these kinds trading strategies.

Exotic Forex Pairs are Much More Volatile

For starters, exotic Forex currency pairs are a lot more volatile than “stable” currency pairs. 

The US dollar, for example, is going to see a lot of volume on a day-to-day basis – but that volume is going to be pretty consistent, pretty predictable, and it isn’t going to force the price of the US dollar to bounce all over the place.

Using our example from a little earlier, the Turkish liraOpens in a new tab.

The thing that makes exotic pairs so interesting to trade (their volatility) is also what makes them so risky!

Unpredictable Trends

Another risk that exotic pair traders have to be comfortable with is the unpredictability of the trendlines these pairs have, especially compared to the rest of the Forex market.

It’s not at all unusual for an exotic currency pair to move as much as 1000 to 2000 pips and then just stop on a dime seemingly out of nowhere – and then to start back up again, moving in a totally different direction, with no real notification or preempting whatsoever. This makes exotics a tough choice of forex pairs for swing traders

The unpredictability also goes hand-in-hand with the volatility of these exotic currency pairs. 

It’s part and parcel of trading these kinds of currencies, and while it’s part of the fun and excitement of exotics it can also be pretty stressful.

How to Choose an Exotic Pair to Trade

If you are going to trade exotic currency pairs you have to be sure that you are leveraging Forex strategies designed with these kinds of pairs – and their risks – in mind. 

Trend Trading

Trend tradingOpens in a new tab.

This approach has you identifying a specific trendline for an exotic pair and then choosing to go long or short on it, depending on the trend that you’ve identified.

As we highlighted earlier, though, trends for exotic pairs can bounce all over the place – and that makes this a little bit of a risky proposition.

Breakout Trading

Breakout tradingOpens in a new tab.

You need to be able to recognize historical resistance or support for these exotic pairs, but then you also have to identify when these pairs are poised to breakthrough that resistance or support. 

This is a bit of a time intensive approach to trading Forex it can be wildly profitable. You have to be careful for false breakouts, though – those can tank your profits in a hurry.

Range Trading

Range tradingOpens in a new tab.

This approach has investors looking to pull profits from the ups and downs within a certain price range for exotic pairs, playing the “middle” between resistance and support with day trader like activity. 

Another active approach to investing, Forex bots can help you better identify these ranges and when to get in as well as when to get out. But you really need your finger on the button (so to speak) to use this trading strategy reliably.

In Summary – What Are The Best Exotic Forex Pairs?

In conclusion, the best exotic currency pairs are going to be the ones that give you the opportunity to profit from their volatility while still providing some level of predictability in their overall movement.

The best way to find these kinds of pairs, and to find the best way to trade them, is going to be by leveraging a number of different Forex trading strategies – and making sure that you have the discipline to stick with those strategies no matter how crazy the market gets.

Do you trade exotic forex pairs? Let me know in the comments down below.

How To Trade Forex Without Recruiting Traders?


There’s a somewhat recent trend bubbling up in the Forex community that is sending the wrong signals to new and veteran investors alike.

This trend – recruiting people to help you trade – has a lot of people under the impression that the Forex world has become too tough a nut to crack all on your own, and that you need a small army of traders that you’ve recruited to help you beat the market. 

Is that true? Is it possible to learn how to trade Forex without recruiting?

The forex markets are traded by institutions and hedge funds around the world and they certainly aren’t interested in recruiting. You don’t have to recruit any traders or do any marketing to earn money in the forex markets. Any program asking you to recruit traders is most likely a pyramid scheme and should be avoided.

How to Trade Forex Without Recruiting? 

Right out of the gate, it’s important to understand that it’s not hard to learn how to trade Forex without recruiting – in fact, that spend the “default state” of Forex right up until just a few short years ago.

Sure, recruiting an army of Forex traders to help you make more money can be beneficial. And it can be wildly profitable (if you know what you’re doing and your Forex underlings are operating in sync, too). 

But there’s no reason that you can learn how to trade Forex without recruiting and still enjoy a ton of success.

This is, after all, how most people are making money in the Forex markets right now!

Trade “Straight Up”

The easiest way to trade Forex without recruiting anyone at all is to simply trade “straight up”.

This kind of Forex trading is the default standard method almost everyone getting into Forex begins with, and continues to be a viable strategy for a lot of folks well into their more “veteran trader” stages.

As we highlighted a moment ago, there can be real benefit and real leverage to working with other people when you are trying new Forex strategies or looking to gain an edge in the market.

At the same time, there’s absolutely no reason you couldn’t just make your own moves in Forex – without any outside input or other people helping you along – and still make a mountain of money along the way.

There are loads of free resources out there to help traders learn the ropes. I’d recommend Babypips AcademyOpens in a new tab.

Utilize Forex Bots and Copy Trading Strategies

Another approach that a lot of “solo Forex investors” are into right now is leveraging the power of other people, other trading strategies, and technology but not necessarily recruiting them into the mix. 

Forex bots essentially automate a lot of the trading tasks and market analysis that investors would have had to do all on their own before. 

This can save a ton of time, ton of energy, and guarantee that opportunities aren’t missed just because a Forex investor wasn’t plopped down in front of the screen at that exact moment.

Forex copy trading is another approach that investors are utilizing to leverage the time, energy, and effort of other investors without having to create investment teams or recruit anyone. 

The way this works is different Forex investors share their strategies and then let other investors essentially copy them.

This can be done in real time through a variety of different automated systems or alerts, and it makes it a whole lot easier for newbies to get their feet wet by following along with experience traders. You can also setup copiers yourself. Here is a list of the top forex copier platformsOpens in a new tab.

Although it may seem like you’re taking financial advice, forex copy trading is completely legalOpens in a new tab.

Is Recruiting Needed to Make Money with Forex?

While you are going to see a lot of people tell you that recruitment is necessary to make real money in Forex, nothing could be further from the truth.

There can be a lot of money in Forex recruitment. That’s fair to say. 

But it isn’t anywhere close to mandatory to make money in Forex, not even a little bit. 

Most People Make Money in Forex without Recruiting

At the reality is that the overwhelming majority of people that get into Forex investing are interested in Forex investing – not running a recruitment operation, not hiring a team of traders, and not staying on top of all the logistics involved. 

When you choose to go down the recruitment path you almost always have to start treating Forex like a business rather than a passive investment opportunity. 

Most people just aren’t into turning Forex into that much work.

Recruiting Brings a Bunch of Headaches to the Mix

On top of all that, recruiting obviously brings a whole host of headache and hassle into what can already be a pressure packed and stressful investment opportunity.

Now you have worry about whether or not all your recruited traders are on the same page, whether or not they are implementing trades at the same time, and whether or not they are “freelancing” or really helping you achieve your goals.

It’s a nightmare scenario for a lot of people that just don’t want to worry about management outside of their Forex portfolio.

Is Forex a Marketing Scheme?

Forex itself is 100% NOT a marketing scheme – not even a little bit.

Forex is a Legit Investment Vehicle

The foreign-exchange markets are legitimate markets, and these investment opportunities have been used by millions of people all over the world – including some of the wealthiest people on the planet – to make piles and piles of profit.

Forex is the real deal. There’s no marketing scheme component to the actual Forex markets themselves.

Forex Recruiting Can Be a Pyramid Scheme

Now, Forex recruiting on the other hand can be a completely different animal altogether.

Some of the Forex recruitment programs out there are totally legit and on the up and up. Some programs are really interested in combining the power, strategy, and experience of numerous investors to maximize potential profits and payouts.

Other operations, though, are more interested in selling the pickaxes to the miners than they are mining for gold themselves!

These fly-by-night operations often have a very MLM or pyramid scheme kind of bent to them. There are actually hundreds of these schemes out in the market right now which often leads new traders into thinking, ‘is forex just a pyramid schemeOpens in a new tab.

Thankfully, they usually aren’t difficult to suss out with just a little bit of research and due diligence.

Avoid them at all costs and you won’t have anything to worry about it all!

In Summary – Do You Have To Recruit To Earn Money In Forex?

In Conclusion, you do not have to recruit any traders to earn money in the forex arena. You can make money by following the lead of other successful traders. Recruiting can be a headache and it’s not something that the majority of people want to get involved with. Forex is a legit investment opportunity, while Forex recruiting can often have pyramid scheme undertones. By avoiding programs that are too recruitment-focused, you can focus on what’s important – your trading.

Do you recruit other traders? Let me know in the comments below…

Can I Have Two Forex Accounts? 


While most Forex traders kick things off with a single Forex account, it doesn’t take long for dedicated, passionate, and serious about unlocking big potential profit traders to open up two Forex accounts.

A lot of traders run two Forex accounts these days to protect themselves from risk, build in some sort of redundancy for their trading, and open up more advanced strategies that allow them to make more money – faster – than they would have been able to with a singular account.

Forex traders are allowed multiple trading accounts and can trade simultaneously using various applications. Having two forex accounts is advised by most traders, as this allows for increased profits and potentially reduced risk from broker exposure.

Can I Have Two Forex Accounts? 

Right out-of-the-box it’s important to answer the question “Can I have two Forex accounts open at the same time?”. 

The answer is (if you haven’t guessed from our opening segment already) absolutely, positively yes!

There’s absolutely zero reason whatsoever that you wouldn’t be able to open up two (or more) Forex accounts, sometimes even opening up those multiple accounts with the exact same broker.

Not bad, right!

Even better news is that once you get the hang of trading with multiple Forex accounts it really become second nature.

With a little bit of effort, little bit of research, and a little bit of practice (either live trading with your own money or paper trading with multiple accounts to stay safe) you’ll be able to master all the ins and outs as well as the subtle nuances of trading with multiple accounts – and unlock significant profit potential.

In a minute we are going to run through all of the big advantages that having two Forex accounts open offer, as well as touch on a couple of the disadvantages and drawbacks.

Just understand that there’s nothing wrong, illegal, or unethical about running two (or more) Forex accounts at the same time.

The Benefits of Having Multiple Forex Accounts 

The biggest benefit of having multiple Forex accounts is the freedom and flexibility you have access to.

With your trading untethered from a singular platform you are able to move quickly and timely, capitalizing on movements that you recognize as they unfold in real time – but also reading charts and real-time data from multiple accounts on multiple platforms.

You can confirm that a trend really is bubbling up and not just a “ghost pattern” that’s occurring on a singular platform. 

On top of that, you’re able to gain access to extra leverageOpens in a new tab.

This can be a game changer for those brand-new to the Forex world.

Imagine, for a moment, opening up multiple accounts with a $200 or $500 deposit and then gaining access to 50:1 (and sometimes more) leverage across all of them.

Instead of being limited by the kind of leverage available at certain “deposit tiers” on different brokers you instead gain access to the kind of margin that you wouldn’t have had access to otherwise.

This means you’re able to tap into trading opportunities that might not have even materialized for you in the past. That’s a tremendous advantage.

Finally, you can set up all of your individual Forex accounts to focus on specific trading strategies or currency pairs that you go after on that platform and only on that platform. 

This is a unique form of diversification but it helps to really organize your trading in a way that having all of your trades and all of your strategies sort of jumbled together on a single platform makes really challenging. 

You’ll get a lot more clarity. You’ll be able to execute trades faster and with more confidence. And you’ll just generally be better organized.

Of course, the big disadvantage here is that you are going to be a little less focused bouncing from one platform to the next and may miss opportunities while you sort of shift gears. 

On top of that, you may recognize “ghost patterns” popping up on one platform that just don’t look the same on another because the signals are a little different. This can lead to some confusion and inaction when you need a lot more certainty to execute your trading strategies.

How to Trade Two Forex Accounts 

The easiest way to open up (and trade) to war more Forex accounts is to use the same core platform – like MetaTrader 4Opens in a new tab.

An approach like this allows you to capitalize on all the benefits that having an account on multiple brokers offers while at the same keeping the tools that you used to research and execute trades – MT4 – identical across the board.

You really get the best of all worlds here. 

Sure, you are going to have to install multiple MT4 terminals on the deviceOpens in a new tab.

There are tons of tutorials online to walk you through that whole process from start to finish.

After that, though, all you really have to do is organize which accounts you want to focus on specific strategies, fund your accounts, and then dive headfirst into executing the kinds of positions that you are most interested in.

There are actually tools out there that help you with this process. I have compiled a list of the best forex trade copiersOpens in a new tab.

I’d recommend setting a trade copier up on a dedicated Forex VPSOpens in a new tab.

I have a full guide on how to trade multiple forex accounts at onceOpens in a new tab.

As we mentioned a moment ago, you aren’t restricted to having just two Forex accounts running at the same time.

You could run multiple accounts – five, six, a dozen or more accounts – all at the same time. There’s nothing wrong with that (and there are some really successful traders that have way more accounts than that running concurrently).

At the same time, though, it’s best to start off with just two different Forex accounts before expanding your account numbers beyond that. You really want to get a feel for how these kinds of trades work before scaling up.

In Summary – Is It Possible To Have Multiple Forex Accounts?

In conclusion, it’s completely legal to have 2 or more forex broker accounts. You can use the same core trading platform, like MetaTrader 4, and trade on different exchanges or brokers. Just remember to keep your research and execution tools – like MT4 – identical across all accounts.

You can also use trade copiers to help you manage an unlimited amount of forex accounts with ease. Start off with just two accounts and then scale up as you become more comfortable with the process.

Have any questions or thoughts on this topic? Let us know in the comments below!