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Can't close posistion #445460
09/10/14 14:39
09/10/14 14:39
Joined: Sep 2014
Posts: 8
S
seanogorman Offline OP
Newbie
seanogorman  Offline OP
Newbie
S

Joined: Sep 2014
Posts: 8
Good morning! I am just getting my feet wet with Zorro with hopes to use Zorro-S with a larger investment. I current have been running Zorro with Z4 on a FXCM account that only has $1000.

This morning I see this message in the log... "
[
Wed 10.09. 14:00] 1003 +0 +3 !1/0/12
Broker: Close order failed 44301669
[EUR/CHF::L1669] Can't close 1@1.2114 at 14:05
Broker: Error - Functionality is disabled according to NFA regulations
Broker: Close order failed 44301669
[EUR/CHF::L1669] Can't close 1@1.2116 at 14:19
Broker: Error - Functionality is disabled according to NFA regulations
Copied to Clipboard!
Broker: Close order failed 44301669
[EUR/CHF::L1669] Can't close 1@1.2111 at 14:34
Broker: Error - Functionality is disabled according to NFA regulations


I'm new to the Forex markets, can someone clew me into what I need to do to Zorro or my FXCM account to correct this error?

Thanks

Re: Can't close posistion [Re: seanogorman] #445461
09/10/14 14:43
09/10/14 14:43
Joined: Jul 2000
Posts: 28,024
Frankfurt
jcl Offline

Chief Engineer
jcl  Offline

Chief Engineer

Joined: Jul 2000
Posts: 28,024
Frankfurt
It's just as the message says - you can not close positions with your account according to NFA regulations. You must trade in NFA compliant mode, i.e. set the NFA flag. This steps around the NFA limitations of your account.

Re: Can't close posistion [Re: jcl] #445495
09/11/14 13:50
09/11/14 13:50
Joined: Sep 2014
Posts: 8
S
seanogorman Offline OP
Newbie
seanogorman  Offline OP
Newbie
S

Joined: Sep 2014
Posts: 8
Thanks JCL. That was it, I flipped the NFA flag in Z.ini. Thanks for your help


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