Broker Account Transfers (with open positions)
Results 1 to 4 of 4

Thread: Broker Account Transfers (with open positions)

  1. #1
    Hi, I'm wondering if anyone is aware of a broker(s) who ease whole account transfers with open positions?

    The desktop being that I'm looking to move a FX account away from a current broker, but would actually prefer not to shut a number of those current open positions.

    I have not personally been aware of this being done with a FX account rather than a equities account, but hope it is possible.

    Any testimonials or info would be greatly appreciated!!

  2. #2
    Quote Originally Posted by ;
    Just open with all the new broker, place the positions on, and shut them immediately at the prior broker. Then move the rest of your cash into the new broker.

    If all of your cash is tied up in one account then you are out of luck.
    As obvious an answer as that is, I had not thought of that. Thanks BeastFx.

    It's not a substantial chunk of my trade capital but there's a few unrealized loss, and so I feel that the plogical aspect of closing the rankings was just clouding the brain a little.

    That's probably what I will do, but if anyone does know of some brokers effective at facilitating a whole account transfer it'd still be good to hear about it.

  3. #3
    Quote Originally Posted by ;
    Simply open together with the new broker, put the positions on, and close them immediately at the prior broker. Move the remainder of your cash to the new broker.

    If all of your cash is tied up in one account then you are really out of luck.
    Outstanding Idea Beast FX....
    Transfer those in good profits and close the losers( Do not transfer those)
    Great one though.

    Danny

  4. #4
    Just open together with all the new broker, place the positions on, and close them immediately in the old broker. Then proceed the rest of your cash to the new broker.

    If all your cash is tied up in 1 account then you are really out of luck.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners more information