What maximum lot sizes will brokers accept? | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Maximum lot size you've traded - can brokers hunt orders? 13 replies

Minimum and Maximum swing sizes for applying Fibos?? 5 replies

BUY run profit 1 lot, SELL LIMIT 2 LOT down again n BUY 1 lot - EA Reqd 5 replies

Lot sizes available. 16 replies

Adjusting Lot sizes 0 replies

What maximum lot sizes will brokers accept?

  • #1
  • First Post: Sep 12, 2012 2:14pm Sep 12, 2012 2:14pm
Trading at 200:1 leveraged is required.

Hedging functionality required.

I simply want to know which brokers have what maximum aggregated lots per side of a trade in their rules to decide the leverage level. Eg, total of open sell trades or total of open buy trades.

My account includes those clients I trade for. The issue is becoming a problem for me.

One broker recently pointed out to me that if I exceed 200 lots of either buy or sell, that my leverage will auto-drop down to 100:1. That if I then exceeded 300 lots of either buy or sell then it will auto-drop to 50:1.

Brokers are welcome to contribute their own limits.
  • #2
  • Sep 27, 2012 6:56am Sep 27, 2012 6:56am
hi, it depends on the accounts that the brokers provide , it is 0.01 lot
  • #3
  • Sep 27, 2012 12:04pm Sep 27, 2012 12:04pm
Quoting dancingphil
Trading at 200:1 leveraged is required.

Hedging functionality required.

I simply want to know which brokers have what maximum aggregated lots per side of a trade in their rules to decide the leverage level. Eg, total of open sell trades or total of open buy trades.

My account includes those clients I trade for. The issue is becoming a problem for me.

One broker recently pointed out to me that if I exceed 200 lots of either buy or sell, that my leverage will auto-drop down to 100:1. That if I then exceeded 300 lots of either buy or sell then...
What broker pointed that out to you ?
  • #4
  • Sep 28, 2012 8:25am Sep 28, 2012 8:25am
this is a first for me, i know it can depend on what broker you are using, some EU brokers are very strict when it comes to scalping and number of trades opened, some wont allow trades that lasts less than 5 minutes, but that conditions of yours is a first for me..
  • #5
  • Sep 29, 2012 8:35am Sep 29, 2012 8:35am
The broker I use, Alpari NZ Limited, allows 1,000 lots per one order.
The leverage drops to 1:10 on orders above 15 million USD, however.
  • #6
  • Dec 5, 2012 7:40am Dec 5, 2012 7:40am
Quoting Forexeurusd
What broker pointed that out to you ?

Generally the range is 100-200 lots of sell or buy open at the same time. Publicly traded brokers (listed on a share market somewhere) want larger orders to be traded, but that auto-magically drop your leverage down to 100:1 when north of 200 lots. Then further north to 50:1 at 300 lots plus etc.

The massive traders living in the experience of 10,000-100,000 lot trades are normally running at 10:1, 5:1 and 1:1.

If you read the stories on Forex BILIONaires, then Warren and Buffet and George Soros are the only ones you'll find. Let me know please if you find any other examples. And I'd bet they were running their accounts at low single digit leverage levels.

NON public traded brokers tend to be be 100:1 to 200:1.

Then there is Dukscopy that shuts their leverage down between the NY close and the Tokyo open.

This all being true, then to run 2,000 lots of trade needs about 20 accounts across different brokers with a "trade copier" solution.

Anyone got smart ways to go forward?

Phil
  • #7
  • Dec 5, 2012 7:47am Dec 5, 2012 7:47am
ECN brokers will usually be able to take larger lot sizes than market marker brokers.
  • #8
  • Feb 25, 2013 9:15am Feb 25, 2013 9:15am
Quoting Dvs75
The broker I use, Alpari NZ Limited, allows 1,000 lots per one order.
The leverage drops to 1:10 on orders above 15 million USD, however.
Who would want to trade 1000 lots per order..:s
  • #9
  • Feb 25, 2013 9:37am Feb 25, 2013 9:37am
Quoting Ammeo
Who would want to trade 1000 lots per order..:s
Me, which is why I opened this thread.

Navigating the broker's limits while maintaining leverage influence is the key.
  • #10
  • Sep 26, 2013 2:13pm Sep 26, 2013 2:13pm
Quoting dancingphil
{quote} Me, which is why I opened this thread. Navigating the broker's limits while maintaining leverage influence is the key.

Mate as you are a high vol trader,can u pls tell what amount of liquidity you see at your platform(I am assuming you use EBS/Reuters).
As its a trillion $ a day market,how much amt u see on majors as well as crosses.

Thanks
From a newbie who is learning to get better.
Order flow is the edge,rest is just noise.
  • #11
  • Sep 26, 2013 2:46pm Sep 26, 2013 2:46pm
Quoting dancingphil
{quote} Me, which is why I opened this thread. Navigating the broker's limits while maintaining leverage influence is the key.
If youve advanced to the level of opening 1000lots positions per trade then you would not be asking the question in the first place
  • #12
  • Sep 27, 2013 2:21pm Sep 27, 2013 2:21pm
Quoting rubinsingh
{quote} As its a trillion $ a day market,how much amt u see on majors as well as crosses. Thanks From a newbie who is learning to get better.

Lets say the daily turnover for all foreign exchange is ~3,000,000,000,000 dollars a day,
of which aproximately one half is from spot forex.
so:
If my math is correct, 1 500 000 000 000 dollars = a daily volume traded on all spot forex pairs
then its only ~174 lots turnover per second on every major pair and all crosses together- 87long+87short! more when Asian-EU-US session overlap, and much less when major market centers are closed.

So, if you want to trade some less traded major currency, say GBP or AUD, which could be some 10% of market volume each, then you would get just 8.7 lots short + 8.7 lots long per-second liquidity on them -and thats for less-traded majors, for exotic crosses liquidity can get realy bad.

well, good luck with finding broker offering high leverage with large amounts for that

and thats just my rough (and maybe wrong) guesstimation, it can be even lower than that., Yes, x.y trillion market turnover sounds great for brokers' advertising, but second-to second market reality doesn't look so great, when we look closer..
  • #13
  • Sep 27, 2013 3:22pm Sep 27, 2013 3:22pm
LMAX will handle your orders at 1:100

not sure about LGC, they need 20k account minimum.

1000 lots trading ... I think you should go directly to some Currenex platform, not sure about they leverage. JP Morgan and a few other bank will give access to interbank rates.
I want to buy PATIENCE
  • #14
  • Oct 1, 2013 2:29am Oct 1, 2013 2:29am
Great question and I also want to know the answer. I think millions is maximum (~ hundreds lot) since I know some broker had client with millions accounts .
  • #15
  • Oct 1, 2013 2:31am Oct 1, 2013 2:31am
Quoting Makavell
{quote} If youve advanced to the level of opening 1000lots positions per trade then you would not be asking the question in the first place
  • #16
  • Oct 1, 2013 3:33am Oct 1, 2013 3:33am
On Dukascopy I see 200m+ easily,I suppose must be lot lot more if you use EBS/Reuters or Deutsche Bank which is the king of interbank market.
Order flow is the edge,rest is just noise.
  • #17
  • Oct 1, 2013 3:33am Oct 1, 2013 3:33am
true
  • #18
  • Oct 1, 2013 5:42am Oct 1, 2013 5:42am
Quoting Dvs75
The broker I use, Alpari NZ Limited, allows 1,000 lots per one order. The leverage drops to 1:10 on orders above 15 million USD, however.
This is the same with my broker. They allow 1000lots per trade. I wonder why a broker will give limit of 300lot size per trade. Whereas I usually use a leverage 1:500 without restriction.
  • #19
  • Oct 7, 2013 7:57am Oct 7, 2013 7:57am
Hi,

if my brain is right, there was max. 200 lot with my last broker.

C4L
  • #20
  • Feb 18, 2015 5:45am Feb 18, 2015 5:45am
Quoting Cash4Life
Hi, if my brain is right, there was max. 200 lot with my last broker. C4L
Is there any broker which offer high leverage in forex trading? Forex trading offer bigger lot. Can I use lot more about the 200 lot per open position in forex trading? Is alpari allow trader to trade in single trade about 200 standard lot?
1 trader viewing now