Yes, you are allowed to have a maximum of 4 open trades on the same currency pair at one time.
Extra trades (beyond the 4th) will still open, however, once the extra trades are closed, those profits will be removed.
Example 1
Currency | Positions open |
EUR/USD | 3 |
GBP/USD | 4 |
XAU/USD | 2 |
In this example:
- The trader has open positions on multiple currency pairs.
- No single pair has more than 4 open trades.
The position limit rule is not broken. All trades are valid, and all profits will count.
Example 2
Currency | Positions open |
EUR/USD | 5 |
GBP/USD | 2 |
XAU/USD | 3 |
In this example:
- The trader has 5 open trades on EUR/USD
- This exceeds the 4-trade limit on a single currency pair.
This breaks the rule.
All 5 trades will still open.
But only the first 4 trades on EUR/USD will count.
- Profits from the 5th trade on EUR/USD will be removed once it’s closed.
- Trades on GBP/USD and XAU/USD are within the rules, profits from those pairs won’t be removed.