Saxo API error code
Saxo API error WouldExceedMargin: would exceed margin
What does WouldExceedMargin mean on the Saxo API?
Saxo lists WouldExceedMargin among the 400 codes on its page for placing an order: the order would take the account past its margin allowance.
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 WouldExceedMargin?
Reduce the size or close other exposure first, and pre-check the order before you send it.
The checked date on this page was carried forward from an earlier reading. The source has not been reopened since.