Answer
Most traders use one primary broker for simplicity, lower margin needs, and unified reporting. Two brokers diversify risk if one has issues, allows strategy testing, or exploits regional promotions. More than two rarely justifies added complexity in logins, tax tracking, and fund splitting. Pros sometimes maintain three for liquidity or asset gaps. Beginners stick to one. Monitor performance before adding accounts. Keep main funds consolidated. Multiple brokers suit advanced setups like arbitrage but increase operational load significantly.
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