OANDA order rejection and cancel reason
OANDA order rejection and cancel reason: GUARANTEED_STOP_LOSS_ON_FILL_PRICE_DISTANCE_MAXIMUM_EXCEEDED
The error, as text you can copy
GUARANTEED_STOP_LOSS_ON_FILL_PRICE_DISTANCE_MAXIMUM_EXCEEDED - Kind
- Order rejection and cancel reason
- Where you meet it
- In a rejection or a cancellation, not in the HTTP status
- API
- OANDA
What does GUARANTEED_STOP_LOSS_ON_FILL_PRICE_DISTANCE_MAXIMUM_EXCEEDED mean on the OANDA API?
The guaranteed stop loss on fill price distance is more than the maximum allowed. As a cancel reason it means the distance would have put the order's price at zero or below. OANDA lists this value as both a transaction reject reason and an order cancel reason.
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.
How do I fix GUARANTEED_STOP_LOSS_ON_FILL_PRICE_DISTANCE_MAXIMUM_EXCEEDED?
Send a smaller distance.