Quote Originally Posted by dweet View Post
Brokers used high minimum deposits as a way to choose only quality and high networth traders. They prefer to have clients who trade in high volume since traders with high deposits will trade with big lots. In layman term they want to catch big fish only and don't want small fish like us.
i think you are right.if they have high minimum deposit only experienced will trade and they also get lot of money by spreads when they have clients with high deposit they get more when traders open more trades