Broker to Trading

Some traders may wish to trade with large account sizes. Brokers may cater to these traders by offering account type with special features for higher deposits. Traders who meet requirements related to assets, traded volume and experience in financial services may be classified as or may choose to apply to be an elective professional trader.

However, the brokers in the table offer retail trading accounts which have features for those who have larger accounts. Retail traders, while they are offered lower maximum leverage in the European Economic Area (EEA) than Professional traders, have account protections such as negative balance protection and a stop out set at 50%, to protect the capital in the account, as well as a range of other protections.

ECN brokers may offer premium accounts with features for ECN traders, for example lower or even no commission charges. These premium accounts tend to have at least one feature in common, that they offer personalised service to the trader, for example with a dedicated account manager. The requirements may be related to volume traded (e.g. lots traded per month), but account size and volume traded are closely related, as larger account sizes are needed to trade larger volumes.

As for which is the best Forex broker for big accounts, it depends on a range of factors, such as the type of trading used by the trader, for example whether they want to use ECN services or not, or wish to trade a wider range of markets in addition to Forex (as ECN brokers tend to be focused on Forex, offer less markets and may not provide Stocks CFDs). The trader can use the online trading platforms other traders can use, but traders with larger account sizes may be eligible to access the broker's FIX API.

Best Forex Broker For Big Accounts

The caveats about picking a best broker being noted, it may be possible to point towards a possible pick, based on the requirements that it be a Forex broker supporting big accounts. The pick would be Pepperstone. This is partly because it provides a range of platforms supporting Forex trading, indeed it began as a broker offering mostly Forex pairs (but has since expanded its offering of markets), as well as supporting larger volume traders. Pepperstone offers platforms which are suited to Forex trading and supports styles of Forex trading such as scalping, news trading and automated trading (and even supports social and copy trading).

Forex scales to some extent relatively easily, as it is a huge liquid market meaning Forex trading can be done on the small scale, for example micro lot trading, or on the larger scale as the trader increases the lot size and number of lots. Forex is a hard to trade, complex market no matter what the order size, though. Trading larger volumes requires a larger account size. Pepperstone's Active Trader Program supports higher volume trading with features for traders who trader larger volumes, with cash rebates available T&Cs apply, along with other additional support for Forex traders, such as complimentary VPS hosting, T&Cs apply.