Hello, if you have an account, you can also open another forex account. The number of forex trading accounts that a person can open varies depending on the chosen forex retail platform. However, basically, a person can open about five accounts for forex trading. For example, the world's largest platforms, Fuhui and Jiasheng, have regulations that one ID card can only open a maximum of five forex trading accounts, and most other platforms do the same.
Precautions for opening a forex trading account:
1. By opening several accounts, a person can effectively distinguish their trading products, which account is used for forex trading, which account is used for gold trading, and which account is used for crude oil trading. This differentiation can help investors better manage their forex trading and is more suitable for trading.
2. However, there should not be too many forex trading accounts. Opening five accounts per person is definitely considered too many. Investors do not need to open more accounts, otherwise it will only make their trading more chaotic, and the final gain will not be worth the loss.
3. A person can open up to five accounts for forex trading. If an investor wants to open multiple accounts but their own platform does not allow it, they can operate on other forex platforms.
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