hope you're all doing great
I want to ask is there any limitation on the number of orders (opened and pending) that is set by the mt4 platform ?
I heard from one of the broker's relationship manager that the max number of orders that you can put on a real account on the MT4 platform is 1000 orders. is this statement correct ?
thanking in advance,
I believe that the maximum number of open orders is set by the broker so it can differ from one broker to another.
you mean there would be no limitation from the MT4 platform at all ?!
Keith is correct, it is set by your broker and is usually around 100-200. Most brokers list the max number in their terms & conditions
Is there any code to get the maximum number of orders that is permitted by the broker to place?
As Alain said, there is only the possibility of checking max pending orders allowed (ACCOUNT_LIMIT_ORDERS) but so far, I've used this on several brokers as I've found that they set this to the same as their Max orders. But use with caution as it's technically not what it is designed for.
Thank you so much for your kind guidance
Welcome mate :)