Limited Risk Account is a plugin that restricts opening orders with no Stop Loss level or calculates and sets Stop Loss automatically. After the trade opening, traders can only change the set Stop Loss towards risks decreasing. Thus, the loss can only be less than set by the trader. The solution helps brokers:
- protect clients from losses,
- automate Stop Loss calculation,
- comply with regulatory requirements
Due to the European regulation requirements, it is recommended for brokers who want to reduce risks and remain up-to-date.
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