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Thread: Maximum Open Trade question

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    In Profit duyduy's Avatar
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    Default Maximum Open Trade question

    I want to ask, is there maximum trade in micro account?
    IF my ea open 1000 open position each 0.1 lot. Is it possible?

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    I remember being told that there is a max of 100 trades open at a time.

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    Super Moderator nonamer's Avatar
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    Quote Originally Posted by duyduy View Post
    I want to ask, is there maximum trade in micro account?
    IF my ea open 1000 open position each 0.1 lot. Is it possible?
    Maximum open trade at the same time limit to 100 open trade only.

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    Quote Originally Posted by nonamer View Post
    Maximum open trade at the same time limit to 100 open trade only.
    Thanks
    But what I mean is for example :
    One day EA open about 50 open trade and then floating.
    until 20 days, already 1000 open trade and still foating.

    Is there total maximum open order?
    IF the total is 1000 open order or more than 1000 open order , is that ok?

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    It means you can have 100 trades open at once. If you open 50 trades today and float, then open 50 tomorrow you won't be able to open anymore until you close some.

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    Quote Originally Posted by duyduy View Post
    Thanks
    But what I mean is for example :
    One day EA open about 50 open trade and then floating.
    until 20 days, already 1000 open trade and still foating.

    Is there total maximum open order?
    IF the total is 1000 open order or more than 1000 open order , is that ok?
    Hi

    Like surfshare, u only can open 100 trade open position at the same time.
    So at the same time u cant open trade more than 100.
    The maximum are 100 position u can open trade at the same time either its already floating or not or just want to open new position.

    Example

    20 position open on 12/Jan - still floating
    20 position open on 13/Jan - still floating
    40 position open on 14/Jan - still floating
    20 position open on 15/Jan - still floating
    Total 100 trade open position on 15/Jan still floating
    U already reach maximum on 15/Jan, so if u want open new trade/position u need to closed old open position 1st.
    If u EA system still want open trade/position meta trader 4 system will rejected.

    Thanks

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    Quote Originally Posted by nonamer View Post
    Hi

    Like surfshare, u only can open 100 trade open position at the same time.
    So at the same time u cant open trade more than 100.
    The maximum are 100 position u can open trade at the same time either its already floating or not or just want to open new position.

    Example

    20 position open on 12/Jan - still floating
    20 position open on 13/Jan - still floating
    40 position open on 14/Jan - still floating
    20 position open on 15/Jan - still floating
    Total 100 trade open position on 15/Jan still floating
    U already reach maximum on 15/Jan, so if u want open new trade/position u need to closed old open position 1st.
    If u EA system still want open trade/position meta trader 4 system will rejected.

    Thanks
    That's very clear.
    Thanks

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    I am a little bit suprised of this answer....I asked the same question October last year and this is the response I got back.... Please explain.


    Hello Andreas,




    Friday, October 10, 2008, 11:07:54 AM, you wrote:





    What's the reason for this x100 times decrease? It doesn't give space if you are using pyramid and hedge technique.



    Regards,

    /Andreas








    --------------------------------------------------------------------------------




    Date: Fri, 10 Oct 2008 10:56:13 -0400

    From: [email protected]
    Subject: Re: Max positions and leverage








    Hello Andreas,







    Thursday, October 9, 2008, 8:00:27 AM, you wrote:











    Hi,



    I have 2 questions that I hope you can answer.



    1) Whats the maximum number of open positions a micro account can have?

    2) Is the leverage decrease with 100x after $3000 is reached negotiable for micro account?



    Thanks,

    /andreas

















    --------------------------------------------------------------------------------

    Hello,

    1) you can open as many positions as you like

    2) leverage is being decreased x100 times after reaching 3K balance







    --

    Best regards,

    FXOpen mailto:[email protected]








    --------------------------------------------------------------------------------








    Hello,




    it is made for accounts with big balance on micro accounts. If you are planing to use more than $3000 balance on account please consider to open standard account.




    --

    Best regards,

    FXOpen mailto:[email protected]

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    Super Moderator nonamer's Avatar
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    Quote Originally Posted by eusanka View Post
    I am a little bit suprised of this answer....I asked the same question October last year and this is the response I got back.... Please explain.

    Hello Andreas,

    Friday, October 10, 2008, 11:07:54 AM, you wrote:

    What's the reason for this x100 times decrease? It doesn't give space if you are using pyramid and hedge technique.


    Regards,

    /Andreas


    --------------------------------------------------------------------------------


    Date: Fri, 10 Oct 2008 10:56:13 -0400

    From: [email protected]
    Subject: Re: Max positions and leverage


    Hello Andreas,

    Thursday, October 9, 2008, 8:00:27 AM, you wrote:

    Hi,

    I have 2 questions that I hope you can answer.


    1) Whats the maximum number of open positions a micro account can have?

    2) Is the leverage decrease with 100x after $3000 is reached negotiable for micro account?


    Thanks,

    /andreas

    --------------------------------------------------------------------------------

    Hello,

    1) you can open as many positions as you like

    2) leverage is being decreased x100 times after reaching 3K balance


    --

    Best regards,

    FXOpen mailto:[email protected]

    --------------------------------------------------------------------------------


    Hello,

    it is made for accounts with big balance on micro accounts. If you are planing to use more than $3000 balance on account please consider to open standard account.




    --

    Best regards,

    FXOpen mailto:[email protected]
    The finance mean u can open the position as many u like but the maximum u can open order at the same time limit to 100 open position only.
    U question not refer open position at the same time but more likely how many position we can open on micro account. So that why finance answer u question u can open position as many u like. Because other brokers have rule a limit position can make for a week.
    So u question should like this - how many open order/position can i have at the same time? different right ...


    Thanks

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    Piplet eusanka's Avatar
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    Default

    I think my question was pretty clear but unfortunatley it wasn't. So basically what you are saying here is max 100 open positions at the same time. Take this even further, it basically means you can not run an hedge/pyramiding EA due to this limitation of max open positions at the same time.

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    Default

    Quote Originally Posted by nonamer View Post
    Maximum open trade at the same time limit to 100 open trade only.


    For me 100 open position is enough .... some of other MT4 trader offer lesser than 100 open position to reduce their server load and can't accept lesser than 4 pips profit or loss trades ..........
    sorry for my bad english

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