Clarifications About The "5 Lotes Rule"

[breakmov1]

Good day for all

I would like to expose same questions about the "5 lote rule":

1) can i acumulate more than 5 lotes on any particular pair/cross...for instance: open 5 lotes in eur/usd at time X.....then open more 5 lotes in eur/usd at time X + y "seconds/minutes/hours/days".. etc

2)please, clarify the next cenario:

"Maximum trading size is 5 lots (500,000 units of base currency)"

trade1: open 2.5 lotes in eur/usd
trade2: open 2.5 lotes in eur/jpy
trade3: open 3 lotes in eur/gbp

in this situation can i say that there is a total of 8000 euro units open in my account and so i will be disqualified ?

3) please can you(the Administration) clarify , with detail, this "5 lote rule"


breakmov

[rodman21]

Good day for all

I would like to expose same questions about the "5 lote rule":

1) can i acumulate more than 5 lotes on any particular pair/cross...for instance: open 5 lotes in eur/usd at time X.....then open more 5 lotes in eur/usd at time X + y "seconds/minutes/hours/days".. etc

2)please, clarify the next cenario:

"Maximum trading size is 5 lots (500,000 units of base currency)"

trade1: open 2.5 lotes in eur/usd
trade2: open 2.5 lotes in eur/jpy
trade3: open 3 lotes in eur/gbp

in this situation can i say that there is a total of 8000 euro units open in my account and so i will be disqualified ?

3) please can you(the Administration) clarify , with detail, this "5 lote rule"


breakmov

This issue has been clearly answered before. Yes you can do that, the rule states you can only open trades upto 5 lots PER ONE TRADE, so the fact is you can walk around this rule by opening multiple 5-lots positions.

[breakmov1]

thank you very much.

breakmov

[Master]

This issue has been clearly answered before. Yes you can do that, the rule states you can only open trades upto 5 lots PER ONE TRADE, so the fact is you can walk around this rule by opening multiple 5-lots positions.

thanks for clearing this out

[AnalistaFx]

This issue has been clearly answered before.

Where?sm_rolleye

9- Minimum trading size is 0.1 lot (10,000 units of base currency). Maximum trading size is 5 lots (500,000 units of base currency).

Where is 5 lots per trade?

Someone of the administration can say something about this?

[FXOpen Manager]

Good day for all

I would like to expose same questions about the "5 lote rule":

1) can i acumulate more than 5 lotes on any particular pair/cross...for instance: open 5 lotes in eur/usd at time X.....then open more 5 lotes in eur/usd at time X + y "seconds/minutes/hours/days".. etc

2)please, clarify the next cenario:

"Maximum trading size is 5 lots (500,000 units of base currency)"

trade1: open 2.5 lotes in eur/usd
trade2: open 2.5 lotes in eur/jpy
trade3: open 3 lotes in eur/gbp

in this situation can i say that there is a total of 8000 euro units open in my account and so i will be disqualified ?

3) please can you(the Administration) clarify , with detail, this "5 lote rule"


breakmov

You can open max 5 lots per 1 position. Amount of positions -ANY (if you have enough FREE MARGIN)

[FXOpen Manager]

Where?sm_rolleye

9- Minimum trading size is 0.1 lot (10,000 units of base currency). Maximum trading size is 5 lots (500,000 units of base currency).

Where is 5 lots per trade?

Someone of the administration can say something about this?

Yes, already answered.

[goldsniper]

looks like the name Fx Egypt Manager is shared by many people?

[FXOpen Manager]

looks like the name Fx Egypt Manager is shared by many people?

I am one and only! But sometimes I have support .

[goldsniper]

Just asking... you're not the same person in the chat support aren't you? The one helping me in the YM chat ??

[TranCer]

if you are chatting with fxegyptmanager ... he is same

[FXOpen Manager]

if you are chatting with fxegyptmanager ... he is same

Same Label TranCer