Saxo API error code
Saxo API error: OrderValueToSmall
What does OrderValueToSmall mean on the Saxo API?
The order value must be above the minimum order value for the exchange. The spelling ToSmall is the one in Saxo's reference list. Saxo lists this among the error codes of the order placement endpoint.
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 OrderValueToSmall?
Check the minimum order value for the instrument's exchange. Saxo's order placement page shows its own platform looking that value up.