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The number of orders opened in CLASSIC and ECN accounts simultaneously will be limited

November 14, 2022

Dear clients,

Please consider amendments to the specifications of trading accounts. From 18.11.2022, the maximum number of simultaneously opened positions, including pending orders, will be 500 in ECN accounts and 300 in CLASSIC accounts.

These limits are meant to optimize your experience of trading on LiteFinance accounts and protect them from overloading. However, these amendments will not affect most of our clients as trading strategies do not imply a bigger number of simultaneously opened positions.

Once the limit is introduced, you cannot open new positions if you already have 300 or 500 open orders, based on your account type. You can close opened orders at any time. The pending orders placed before the introduction of the limits will work out even if their number exceeds the new restrictions.

Please consider this information when making trading decisions.

Yours,

LiteFinance.

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