I've noticed something strange with my Tickmill account.
Suddenly i got this on thrusday
Whenever I open more than 9 positions on gold (previously i could open any number), even though they're all only 0.01 lots, my account's leverage gets reduced. This seems to happen regardless of the time of day or the instruments I'm trading.
I don't understand why this is happening when the total exposure is still relatively small.
- Is this a normal Tickmill policy?
- Has anyone else experienced this?
- Are there brokers that don't reduce leverage just because you have multiple small trades open?
Suddenly i got this on thrusday
QuoteDislikedDear Client, Kindly note that as per the company's risk management policy, the maximum leverage on all your trading accounts will be changed to 1:50 effective immediately.
Whenever I open more than 9 positions on gold (previously i could open any number), even though they're all only 0.01 lots, my account's leverage gets reduced. This seems to happen regardless of the time of day or the instruments I'm trading.
I don't understand why this is happening when the total exposure is still relatively small.
- Is this a normal Tickmill policy?
- Has anyone else experienced this?
- Are there brokers that don't reduce leverage just because you have multiple small trades open?
Investing is SIMPLE but NOT EASY