Staff Answer
Oct 27, 2016 - 02:43 AM
Thank you for your query,
The reason for the error message is due to the volume that you are using. The volume is too big for your account size. Everyone has a TDM SMART ACCOUNT which have '.DMA' at the end. If you want to enter a trade of 1$ per pip then you enter 1 as your volume, whereas on your old accounts a volume of 1 will be equal to 10$ per pip. Your SMART ACCOUNT volume is 1/10th (10%) of the volume on an old account. For example a volume of 5 on a old account would give you 50$ per pip but if you enter a volume of 5 on a SMART ACCOUNT would give you 5$ per pip. The big ADVANTAGE to this new pricing system is not just the fact that it is now easy to know the difference between volume and dollars, the main advantage is for those who want to trade small. On the old accounts your smallest trade would be 0.01 = 10c but on the new SMART ACCOUNT 0.01 = 1c so you would be able to place 10 times more trades than before with the same amount of money,which is very useful if you have a small account like 10$
The reason for the error message is due to the volume that you are using. The volume is too big for your account size. Everyone has a TDM SMART ACCOUNT which have '.DMA' at the end. If you want to enter a trade of 1$ per pip then you enter 1 as your volume, whereas on your old accounts a volume of 1 will be equal to 10$ per pip. Your SMART ACCOUNT volume is 1/10th (10%) of the volume on an old account. For example a volume of 5 on a old account would give you 50$ per pip but if you enter a volume of 5 on a SMART ACCOUNT would give you 5$ per pip. The big ADVANTAGE to this new pricing system is not just the fact that it is now easy to know the difference between volume and dollars, the main advantage is for those who want to trade small. On the old accounts your smallest trade would be 0.01 = 10c but on the new SMART ACCOUNT 0.01 = 1c so you would be able to place 10 times more trades than before with the same amount of money,which is very useful if you have a small account like 10$
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