Affiliate brokers and Zorro S

Posted By: selma

Affiliate brokers and Zorro S - 06/21/18 08:49

Hi All,
my first post here it comes! smile

First of all, thanks for Zorro, this forum, and the blog. Great job, guys!

I am envisaging to test Z12 and Z9 live on an Oanda and an IB accounts respectively. As a newcomer in the world of trading, I think they represent a reasonable first step for my automated trading experience.

Some practical questions regarding the 'Affiliate' brokers:

- Why Zorro S is not offered with an Oanda account opened by a France resident? Is there any particular legal reason?
- How is the IB account managed by MoneyPouch? I mean, if they do all the job why would they offer a Zorro S license? Could I choose to manage my money myself?
- Finally, once the IB account opened, could I withdraw part of my 10k$?

Thanks in advance for your clarification!
Posted By: jcl

Re: Affiliate brokers and Zorro S - 06/21/18 12:14

The reasons of Oanda country exclusion is known only by Oanda. - You do indeed not need Zorro S for Moneypouch, since you cannot trade on that account, but maybe you want to trade another account in parallel. I believe the $10k deposit are the minimum, so when you withdraw them you probably lose your account.
Posted By: selma

Re: Affiliate brokers and Zorro S - 06/21/18 13:24

Thanks jcl !
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