a second trading account can be useful when you are looking to trade a more exotic currency pair. Some brokers specialise only on certain, popular currencies, which means there is sometimes a need to ‘shop around’ to find the best spread. Maintaining two accounts, with brokers that offer different pip spreads on different pairs, is one way to get around this.

It is known for newbie that managing multiple accounts is quite risky and gives sudden losses. If you really want to manage more than one account, make sure you are engage in the market for more than 6 months. Each pair has different factors that affects its rapid movement.