forex influencers claim to trade $1m account size, is this possible?

@emma_durban - 7 months ago - Risk Management

I watch alot of forex influencers on YouTube showing of trading account balances nearing one million dollars. Is this really possible? can a broker accept such huge deposits?

@arthur_wildberry - 7 months ago

You will notice that these online forex gurus who claim to trade 1 million dollar account size even do so with unknown forex brokers and not the tier-1 forex brokers which is suspect.

I do not think there is any forex broker that can accept as much as 1 million dollars from a forex guru and let him trade and they issue payouts, they do not have such liquidity.

Anyone that wants to trade with up to $1m has to pass through the banks and bigger liquidity providers like oil companies or hedge funds; and not forex brokers. So this is how you know that it is fake when online gurus display $1m as their account trading account balance.