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Modifying 2 orders Separately (US Accounts)


kwanchichi

Question

I am currently trading on demo. How do I trade each order separately. I opened 2 positions on 1 pair. Both with same stop loss. Trade 1 has a TP, but Trade 2 will not have a TP.

What happens is, every time i modify 1 order, either trade 1 or 2, it automatically changes the other trade. Does this happen also on live accounts? 

Trade1.PNG

Trade2.PNG

Trade3.1.PNG

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11 hours ago, kwanchichi said:

I am currently trading on demo. How do I trade each order separately. I opened 2 positions on 1 pair. Both with same stop loss. Trade 1 has a TP, but Trade 2 will not have a TP.

What happens is, every time i modify 1 order, either trade 1 or 2, it automatically changes the other trade. Does this happen also on live accounts? 

Trade1.PNG

Trade2.PNG

Trade3.1.PNG

Hi @kwanchichi

Thanks for reaching out. There are specific trading rules set out by the NFA:

  • Each position (Forex pair) can only take 1 Stop Loss and 1 Take Profit which is why it changes the other AUD/CAD trade;
  • All positions must be closed on a First In First Out basis;
  • You cannot hedge in the forex account.

IG is obliged to comply with these rules set out by the regulator. 

All the best, OfentseIG

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