DXtrade FIX reject reason
DXtrade FIX reject reason: VALIDATION_FAILED_POSITION_LIMIT
The error, as text you can copy
VALIDATION_FAILED_POSITION_LIMIT - Kind
- FIX reject reason
- Where you meet it
- In a reject message on the FIX session, not in an HTTP reply
- API
- DXtrade APIs
What does VALIDATION_FAILED_POSITION_LIMIT mean on the DXtrade API?
In the DXtrade FIX Trading API, VALIDATION_FAILED_POSITION_LIMIT is an error code carried at the start of the Text (58) field of a business reject, in the form Error_Code:Descriptive_Text. The order would open a position that exceeds the configured maximum number of open positions.
Risk warning: CFDs and spread bets are complex instruments and come with a high risk of losing money rapidly due to leverage. You can lose money on these products, and each provider publishes its own loss figure under FCA rules. You should consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Automated and API trading can amplify losses through bugs, connectivity failures and runaway orders.
No fix in the source
The vendor's page gives no remedy.
That is all the source says, so this page does not invent a fix. General guidance: the other fIX reject reasons recorded for DXtrade, and the error lookup for the exact text of the reply you received.