Because most traders are no longer satisfied with one account, many foreign exchange speculators have opened two or more real foreign exchange accounts to operate.

Advantages:

1, using two foreign exchange trading accounts is more reliable than one foreign exchange trading account, and two foreign exchange trading accounts reduce the trading risk to some extent;

2. If the computer service fails, the online trader will interrupt the service. At this time, the use of another account is highlighted, and traders can hedge their transactions in another account;

3. If investors have two trading accounts, they can conduct different trading types, and it will be more convenient and intuitive to conduct trading analysis without interference;

4. When trading rare currency pairs, you can compare the different spreads provided by traders for different currencies.

Disadvantages:

An obvious disadvantage of opening two accounts is that traders can't concentrate, which means that the two accounts don't promote each other, but will lead to distraction, especially when the two accounts are used in similar ways.

Traders who want to make a profit in this way can give it a try, but be careful not to distract two accounts, so that neither account will make a profit.