Do brokers set a max open trades limit? | Page 2 | Forex Factory

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Do brokers set a max open trades limit?

  • #21
  • Oct 30, 2018 10:42pm Oct 30, 2018 10:42pm
Quoting spotrate
I believe for Global Prime it is 500 open trades and pending orders combined.
Thanks Spotrate! Global Prime works great at the moment!
  • #22
  • Nov 1, 2018 11:36pm Nov 1, 2018 11:36pm
Nope, sorry.. Global Prime maximum trade number was 250.
The search is starting again..
  • #23
  • Nov 5, 2018 5:26am Nov 5, 2018 5:26am
Quoting heispark
Can anyone list up brokers (well known major brokers ) you know with no limit except Go Market? I contacted Go Market right before and they confirmed they still don't have limit... Thanks,
You should start coding in MT5. I've found most brokers have unlimited orders on this update.
  • #24
  • Nov 5, 2018 6:28am Nov 5, 2018 6:28am
Quoting johnno8585
{quote} You should start coding in MT5. I've found most brokers have unlimited orders on this update.
My EA is commercial one and MT4 only. I just had a chat with IC Market and it said it has 200 limit in MT5 as well....
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #25
  • Nov 5, 2018 6:33am Nov 5, 2018 6:33am
It's a broker restriction not a limitation of MetaTrader. My guess is that only unknown or unpopular brokers will not have a limit since it's a burden on their servers. As of now, I think Global Prime is the one with the highest limit. When I had asked their Live Chat a few weeks ago, I was told it was 500.
  • #26
  • May 18, 2019 10:47am May 18, 2019 10:47am
200 trades in not enough for you? LOL
  • #27
  • Jun 28, 2020 3:11pm Jun 28, 2020 3:11pm
Quoting adavide
Nope, sorry.. Global Prime maximum trade number was 250. The search is starting again..
have you got any? plz let me know. i also need such broker who doesn't give limits for open/pending trades.
  • #28
  • Jul 4, 2020 2:21pm Jul 4, 2020 2:21pm
Very useful information for new traders. Love to know that.
  • #29
  • Last Post: Jul 5, 2020 4:13am Jul 5, 2020 4:13am
Quoting Zuhaib20
{quote} have you got any? plz let me know. i also need such broker who doesn't give limits for open/pending trades.
I agree with spotrate. It's the brokers that pose such restrictions and not Metratrader itself. By the way, are you grid trading?
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