Comments on: Any restrictions on the number of forex trades I make in a given period? http://www.myylt.com/2009/11/29/any-restrictions-on-the-number-of-forex-trades-i-make-in-a-given-period/ Discussion of Forex Trading and Currency Trading Sat, 11 Feb 2012 19:43:36 +0000 http://wordpress.org/?v=2.3.3 By: TMI http://www.myylt.com/2009/11/29/any-restrictions-on-the-number-of-forex-trades-i-make-in-a-given-period/#comment-20262 TMI Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2009/11/29/any-restrictions-on-the-number-of-forex-trades-i-make-in-a-given-period/#comment-20262 Call the broker or account rep and ask them. They will not mind if they are worth 5 cents. Call the broker or account rep and ask them. They will not mind if they are worth 5 cents.

]]> By: imya http://www.myylt.com/2009/11/29/any-restrictions-on-the-number-of-forex-trades-i-make-in-a-given-period/#comment-20263 imya Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2009/11/29/any-restrictions-on-the-number-of-forex-trades-i-make-in-a-given-period/#comment-20263 There is no restrictions at forex trading. Forex trading has no rules. You have to make rules for yourself if you want to be a successful trader. Please visit: http://www.imyatrader.com/a-disciplined-trader.html/ God bless you. There is no restrictions at forex trading. Forex trading has no rules. You have to make rules for yourself if you want to be a successful trader. Please visit: http://www.imyatrader.com/a-disciplined-trader.html/
God bless you.

]]> By: The Geek http://www.myylt.com/2009/11/29/any-restrictions-on-the-number-of-forex-trades-i-make-in-a-given-period/#comment-20264 The Geek Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2009/11/29/any-restrictions-on-the-number-of-forex-trades-i-make-in-a-given-period/#comment-20264 Hi there, while there are usually no restrictions on the number of forex trades you can make, the best person to answer this is indeed your broker. However there are other restrictions in forex that you may want to read up on. For example, in the US, you may not hedge against your forex position. ( opening a position in the opposite direction of your current position ) If you are new to forex, you can read my forex newbie blog. All the best Hi there,

while there are usually no restrictions on the number of forex trades you can make, the best person to answer this is indeed your broker.

However there are other restrictions in forex that you may want to read up on.

For example, in the US, you may not hedge against your forex position. ( opening a position in the opposite direction of your current position )

If you are new to forex, you can read my forex newbie blog.

All the best

]]> By: SS Fin http://www.myylt.com/2009/11/29/any-restrictions-on-the-number-of-forex-trades-i-make-in-a-given-period/#comment-20265 SS Fin Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2009/11/29/any-restrictions-on-the-number-of-forex-trades-i-make-in-a-given-period/#comment-20265 No, there are usually no restrictions on the number of trades. But there might be restrictions on hedging & scalping. Scalping is when you enter-and-exit many trades very quickly (like within a few minutes or seconds). I have seen some brokers restrict withdrawal of earnings if they feel that a trader is a scalper. Check that out in advance. No, there are usually no restrictions on the number of trades. But there might be restrictions on hedging & scalping.

Scalping is when you enter-and-exit many trades very quickly (like within a few minutes or seconds).

I have seen some brokers restrict withdrawal of earnings if they feel that a trader is a scalper. Check that out in advance.

]]> By: Melvin http://www.myylt.com/2009/11/29/any-restrictions-on-the-number-of-forex-trades-i-make-in-a-given-period/#comment-20266 Melvin Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2009/11/29/any-restrictions-on-the-number-of-forex-trades-i-make-in-a-given-period/#comment-20266 try to visit this site..maybe it could help you.. http://www.currency-trading-tutorial.net/ try to visit this site..maybe it could help you..

http://www.currency-trading-tutorial.net/

]]> By: Jason Rogers http://www.myylt.com/2009/11/29/any-restrictions-on-the-number-of-forex-trades-i-make-in-a-given-period/#comment-20267 Jason Rogers Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2009/11/29/any-restrictions-on-the-number-of-forex-trades-i-make-in-a-given-period/#comment-20267 There is no limit on the number of trades you can make in the forex market in a given period. The only thing that would limit you is the amount of funds you have available in your account. Some brokers have incentive programs based on account balance or trading volume. The Active Trader program you mentioned which sounds like FXCM Active Trader is available for traders with balances of at least $25,000 or more that meet a minimum trading volume requirement. It is setup to reward traders to trade at least 10 million in notional volume per month with lower transaction costs. So the spread+commission cost is designed to be lower than the regular trading account. You are not breaking any rules/laws unknowingly. There is no limit on the number of trades you can make in the forex market in a given period. The only thing that would limit you is the amount of funds you have available in your account.

Some brokers have incentive programs based on account balance or trading volume. The Active Trader program you mentioned which sounds like FXCM Active Trader is available for traders with balances of at least $25,000 or more that meet a minimum trading volume requirement. It is setup to reward traders to trade at least 10 million in notional volume per month with lower transaction costs. So the spread+commission cost is designed to be lower than the regular trading account.

You are not breaking any rules/laws unknowingly.

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