Broker Suggestion with Unlimited amount trades and micro lots | Forex Factory

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Broker Suggestion with Unlimited amount trades and micro lots

  • #1
  • First Post: Dec 20, 2016 4:34am Dec 20, 2016 4:34am
Please I need a broker suggestion that allows place unlimited amount of trades
and trading with micro accounts

Any suggestion will helpful , Thanks
Take it easy.
  • #2
  • Dec 21, 2016 12:20pm Dec 21, 2016 12:20pm
I am not sure what you are actually looking at. I mean, I haven’t seen any broker that puts limit on how many trades we can open. It might be limited on one single trade, but nothing beyond that. However, I do see many brokers have limit for Micro account like Exness that I previously worked with. Currently, I am trading with Octafx and you can open unlimited amount of trades, so check it….. Hope it helps
  • #3
  • Dec 21, 2016 3:05pm Dec 21, 2016 3:05pm
Quoting Quants
Please I need a broker suggestion that allows place unlimited amount of trades and trading with micro accounts Any suggestion will helpful , Thanks
Hi Quants,

With FXCM, the only limit to the amount of trades you can have open is the margin you have available in your trading account. Furthermore, we support micro lot trading for all our account sizes: Mini ($50 minimum opening balance), Standard accounts (5k minimum) and Active Trader accounts (25k minimum).

Standard and Active Trader accounts use No Dealing Desk (NDD) forex execution even for micro lot orders. With the NDD model, FXCM offsets each client order one-for-one with the best prices from competing liquidity providers. That means we don't profit from client losses, or lose from client profits. Instead, we profit from client trading volume.

Attached Image (click to enlarge)
Click to Enlarge Name: liquidity-providers-figure-1-desktop.jpg Size: 83 KB


Mini accounts use DD execution. It's worth noting that we use the same base price for DD execution on Mini accounts (before adding the fixed spread markup) as the base price we use for our NDD execution (before adding the commission). That's a key reason you can have confidence trading with FXCM regardless of the account size you choose.

Based on your forum name and your question about unlimited trades, you may want to consider one of our API options to optimize performance when managing a very large number of trades. Roughly how many trades were you thinking of having open at the same time?
  • #4
  • Dec 22, 2016 7:10am Dec 22, 2016 7:10am
Quoting Jason Rogers
{quote} Hi Quants, With FXCM, the only limit to the amount of trades you can have open is the margin you have available in your trading account. Furthermore, we support micro lot trading for all our account sizes: Mini ($50 minimum opening balance), Standard accounts (5k minimum) and Active Trader accounts (25k minimum). Standard and Active Trader accounts use No Dealing Desk (NDD) forex execution even for micro lot orders. With the NDD model, FXCM offsets each client order one-for-one with the best prices from competing...
Hey jason im simply looking for a cent risk account.
I would like to risk 1 cent per 0.01 Lot Is that possible ?
Take it easy.
  • #5
  • Dec 22, 2016 7:14am Dec 22, 2016 7:14am
Quoting Fedricks
I am not sure what you are actually looking at. I mean, I havent seen any broker that puts limit on how many trades we can open. It might be limited on one single trade, but nothing beyond that. However, I do see many brokers have limit for Micro account like Exness that I previously worked with. Currently, I am trading with Octafx and you can open unlimited amount of trades, so check it.. Hope it helps
They all have a limit of open orders. From 100 to 1000.
Lets say you cant keep open 10k Orders at the same time.

There are few liquidty provider brokers. But they are not allowing to set a lower than 0.01 = 10 cent risk per pip on acounts.

There are few brokers that allow you trade with micro cent accounts.
Where you open a trade and risking 1cent and they have kind of system that sends your order as 0.01 lot to their Liquidty providers .
But that brokers doesnt allow you to flood 20K Orders at the same time.
They have a limit around 1000

I need a broker that let us open 30k orders a week considering all of them can open at the same time and It have to be on a cent account.
Take it easy.
  • #6
  • Apr 28, 2017 12:18pm Apr 28, 2017 12:18pm
Have you found it? I am interested in a broker where I can open more than 200 trades.
Our trading eas correlator needs more than 200 trades in a row.

Thanks for any info after your request.
Fran.
  • #7
  • Edited 12:34pm Apr 29, 2017 12:19pm | Edited 12:34pm
Quoting Fran_ms
Have you found it? I am interested in a broker where I can open more than 200 trades. Our trading eas correlator needs more than 200 trades in a row. Thanks for any info after your request. Fran.
yes, fxpig ecn but cent account not availble.

Oanda have good enough range of open trades can be opened. That is the highest i found but there will be not any broker who will let cent + unlimited trade option.
Take it easy.
  • #8
  • May 26, 2017 4:19am May 26, 2017 4:19am
In Forex trading when looking for a broker there are many important things that we have to check . First of all we the traders have to emphasis on broker regulation, the broker who is real regulated always guarantee their clients funds.
So regulation is a major deal when looking for a best broker.
  • #9
  • Last Post: Jun 3, 2017 6:28am Jun 3, 2017 6:28am
I guess brokers like hotforex, fxprimus, octa, lmfx etc can be shortlisted while considering any decent broker.
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