Trading limits are a risk-management system operating on Olymptrade. When markets are volatile it may be challenging for our liquidity providers and us to hold the situation up, thus the system helps us limit the amount of investment that traders can use to open a position.
When the system sets a limit up your account you may find certain new deals can't be executed. There are several types of limits on our platform:
• Volume — limits the total amount you can invest in an asset or group of assets.
• Number of open trades — pretty straightforward, limits how many open trades you can have at the time.
• Open position limit — this soft limit changes according to the volume of your currently open trades and doesn't expire.