Any restrictions on the number of forex trades I make in a given period?
Asked by: Trader 278 views Day Trading
Hi, I would like to know if there is any limit on the number of forex trades we can make in a day? in a week? or in a month?
For example, day trading requires you to deposit $25K with your broker before you are allowed to day trade but my forex broker doesn’t seem to set any limit on the number of trades I can make in a day and I have just assumed that since there is no limit set by the broker I can make any number of trades in a day, anywhere from 1 to 1000 or more.
However, I just noticed on my broker’s website that there is a special account that requires $25K deposit with the broker and it is referred to as “Active Traders’ Account”. This make me wonder if I am breaking any rules/laws unknowingly.
Thanks for any inputs.
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