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[bnight]

Hi to all. I went to know where and how I can open margin position with levarage 1:100 with 1 000 000 000 $ as a deposit in my position.

[pangloss]

Where is the easy part : In Switzerland I'm pretty sure.
How is more difficult. You have to take over Fort Knox or something.

[rezo_s]

When we talk about big investments, we talk about big boys. I doubt anyone of serious guys (HSBC, UBS, CITI...) will give you or anyone else 1:100 leverage. even with 10-20 millions you will not get that ratio. The only way for that ratio is to talk to retail FX providers like Refco. I say Refco, because this is one of those who has about 20bill on accounts. If anyone knows any other relatively large retailer - may also be an option.

[bnight]

Rezo_S thanks for this reply. I will continue to search for broker or bank that can to give my this big margin acc. I just wonder how most traders make 100-150 pips per week but also have so litle miliardears in the world.Forex is very big market but here have 17000 traders is one of this trader is milioner? Or make milions of bucks per mounth.Good Luck to all.

[rezo_s]

in order to make 1000USD with 1:5 leverage (I think this is the highest leverage one can allow to use), with 20k account, you should make roughly 100pips a month.

I think 100-300 pips a month is a good result for a trader. There will be losing months, and winning months, but anything giving average of 100-300 pips profit is a good performance.

you refer to what you see: 100-150pips a week...its s different story. These are guys with no money management, no risk management system. Its only pips. And the only purpose is to sell signal to newbies who think there are shortcuts and following the guru will make them millionaires. Suckers don't die - they are simply replaced by newbies. But its not all about pips if we are talking about long term business.

So, in order to make a 1,000,000 a month with 1:5 leverage and 100 pips gain on average a month, one should have account size of 20 million on account.

As for 17k traders around here - well, only part of those are still active. Many are newbies... and so on.

I remember asking same question "where are all the millionaires" when I first took FX course in 1998 in "Universal Trading"...

Cheers

[rezo_s]

Originally Posted by rezo_s

...But its not all about pips if we are talking about long term business.....

what is it about then?

ok:

Risk Related Stats :
-Average risk per single trade
-Maximum loss (worst month)
-Maximum loss per single trade
-Maximum gain per single trade
-Worst accumulated drawdown
-Worst drawdown recovery period

Risk Management and Trading details

-Leverage used per trade
-Average trades per month
-Losing trades %
-Profitable trades %
-Average risk : reward ratio per trade
-Average objective (target) per single trade


and a "little more"... in addition to those figures, there is a psycology factor. This factor has even more options...

[Dae]

If we don't consider such large amount of money
can enojoy a closer spread, I may suggest in this way.

Divide the money into many small accounts so that
each can have the levelage of 1:100. And
make one as the "Manager Account".

The order made by the "Manager Account." will
also be executed by the small-cilent account.

Large FOREX firm like Refco/ IB can do like that

[Fxnor]

I am an professional independent FX trader.
I have the complete set up for such a trading concept.
I did such a set-up request for a potential client 2 months ago. I have contacts at several big banks and brokers so you coould get it arranged. I would split the money into several smaller accounts and get a professional team to help you. You also have to consider the security(credit rating) of the deposit when you choose your broker/banks. Use segregated accounts and so on. Also have to have the indepth knowlegde of which platforms that offer good execution and which manipulate the spreads. Also the potential to use several platforms to actually do hegdeging and making some risk free trades when possible.
There is a lot of planning going into such a big account and making it work.
The leverage will vary greatly from provider to provider depending on the amount of the account. contact me for further info

[bnight]

Fxnor 10x for your ancever I just look for broker that can ofert me margin acc with more then 1 miliard for trading and I can trade with all this money that is exactly what I looking for. If anybody know some broker that can do this place write.

[Jack Straussand]

uuhmm 1 billion $? ok, please call me a retard but the following is how i think...


I´d like to know which time frame you are eyeing, bnight. Surely, there are traded about 1.9 trillion $ a day (AFAIK) and in this respect 1 bln are definately peanuts. The problem is that the gros is traded by banks et cetera which have acces to EBS, Currenex and other liquid electronic trading plattforms. So, even if one wants to trade 8 hour charts and if we assume there is a move from low to high of let´s say 350 pips and if you fire in 1 bln with just one trade I imagine that you would move the market by at least 40-50 pips when you buy AND when you sell resulting in wasted 100 pips. And it gets worse if you intend to increase your position in future to 5 or more bln... and all this with 100:1 leverage? I mean how should this be possible? On 8 hrs charts - you do not eye smaller ones? - you will need a stop loss of at least 70 pips, I´d rather say at least 150 and with 100:1 you get stopped out far earlier than at 70 pips...So one wastes surely a good 100 pips on a 350 pip move. Minus the pips you waste from low to entry and high to sell (at a long trade) which add another let´s say 50 pips.

I wonder if 350-200= 150 pips is worth it. If I would trade 1-5 bln then surely at least with daily charts; and there you will get stoped out faster than you can say damn as with dailies your SL gets hit at around 60 pips at 100x lvg.

Nevertheless I´d be interested too in the question if one owns 1 bln $, how and with whom can you trade such amounts. I imagine that it would be safer to split 1 bln to at least 3 brokers, but even Currenex alone doesn´t offer the possibility to trade 3 bln (1 bln x 3x lvg) with one trade as there isn´t enough liquidity for this trade (AFAIK) and a single privat trader won´t get (personal) access to EBS?

Of course I´m not a 20 yrs professional in trading but I don´t think that I am very wrong...

[bnight]

In my reserch the best ofert that I have is to trade 10 milard as position optional thats 12 milons for margin. Also is intresting Question how I can move the market with so much money

[mrbrint]

I think its unrealistic to expect any mm or bank in their right mind to offer someone so much leverage. If you need that much leverage deal with more than 1 dealer or maybe get some realistic expectations. Anyone offering that much leverage would suffer greatly if something went wrong. The only reason they offer it to retail clients is to get them in the game.

[techinvest]

A millionaire could probably hire someone to do this kind of market research for them.

[mrbrint]

some of them are cheap tho you know, look at warren buffet he does his own taxes....hahahahaha

[Gamma_Jammer]

Originally Posted by Jack Straussand

uuhmm 1 billion $? ok, please call me a retard but the following is how i think...


I´d like to know which time frame you are eyeing, bnight. Surely, there are traded about 1.9 trillion $ a day (AFAIK) and in this respect 1 bln are definately peanuts. The problem is that the gros is traded by banks et cetera which have acces to EBS, Currenex and other liquid electronic trading plattforms........................

Nevertheless I´d be interested too in the question if one owns 1 bln $, how and with whom can you trade such amounts. I imagine that it would be safer to split 1 bln to at least 3 brokers, but even Currenex alone doesn´t offer the possibility to trade 3 bln (1 bln x 3x lvg) with one trade as there isn´t enough liquidity for this trade (AFAIK) and a single privat trader won´t get (personal) access to EBS?

Of course I´m not a 20 yrs professional in trading but I don´t think that I am very wrong...

You're not a retard Jack, but there are a few things you should consider.

1) The $1.9 n per day includes swaps as far as I know. That can add an awful lot of volume for minimum directional / liquidity input.

2) There wouldn't be much that's safe about splitting your billion dollar trade three ways. If you hit three banks simultaneously in over $300 million of any currency pair they would be exceptionally unhappy as they'd all be falling over themselves to get out of the positions, all get murdered doing so and likely not want to quote you again (there are people who do this sort of thing - it's referred to in the fx market as a 'drive by shooting', and the traders HATE the customers who do it).

3) If you really have to move a few hundred million or even a billion dollars there are banks who will make you a two way price in that amount (I know because if been part of a few trades that large over the years, both as a market maker and as a customer) but they would need to know and trust you first. They aren't gonna just let some muppet onto their in house e-commerce platform to rape them for a laugh - these people aren't stupid.

4) Private traders can get access to EBS via a prime broker. If you have a million bucks to slap down in your account I'm guessing they'll be happy to talk to you.

5) Currenex, FXAll, FX Connect etc etc AREN'T really liquidity sources. OK, They sort of are if you take the view that all trade flow, good or bad, consitutes liquidity (which is what the absolute top tier banks use as a business model) but really to all intents and purposes at individual trade level they are actually a drain on liquidity rather than contributing to it (i.e. these are platforms on which the banks quote prices to their customers, often in competition with other shops). EBS and Reuters Matching are true liquidity sources as they allow the market maker to tap the market on their own terms.

My $0.02 - not 20 years in FX either, but I do have 12 of them ;-)

GJ