A new NT API method will allow you to get all necessary information on trading accounts associated with a particular trader. And our advanced approach of analyzing customer requests will correct inappropriate leverage values that might pass through your ecosystem.
Non-trading API: account details by user ID
We are introducing one more Non-trading method intended to extend our line and make your access to basic information even more simple and convenient. This method allows you to get the list of all operating and archived trading accounts associated with a particular trader and all the available details of these accounts at a time. Thus, on the one hand, it brings all the advantages of the existing method that returns account details by number, and on the other hand it provides new functional capacity and experience.
Non-trading API: leverage is under control
As soon as we receive your request to create or update a trading account, the leverage size specified in this request is analyzed on the MT server first. The validity of this size is verified there on the basis of the trader’s figures and the current state of the market: equity, account group, instrument, time period, etc. The trader’s experience is also checked if unlimited leverage has been asked for (for now, one has to have at least 10 positions closed and 5 lots traded). Upon verifying, the requested value is saved but another reduced one might actually be applied due to present or permanent restrictions. Both values can be seen among account details requested by the account number or user ID (the new method).
Thanks to this realization, you do not need additional checks on your side to detect traders with excessive leverage demands and handle them appropriately.