A trade is considered unique when it has been both opened and closed, with no other open positions on the same symbol at the same time. This means that each trade must stand alone to be counted.
Example 1: Opening and closing a 0.01 lot of XAUUSD counts as 1 unique trade.
Example 2: Opening 5 trades of 0.01 lots of XAUUSD, and then closing them all collectively, would be considered as 1 unique trade.
- Open Buy 0.01 lot size XAUUSD order at 9:05 AM
- Open Buy 0.01 lot size XAUUSD order at 9:10 AM
- Open Buy 0.02 lot size XAUUSD order at 9:30 AM
- Open Buy 0.01 lot size XAUUSD order at 9:45 AM
- Open Buy 0.03 lot size XAUUSD order at 9:55 AM
- Close all 5 opened trades
This would be counted as just 1 unique trade as the trades for the same symbol had not been opened and closed one after another. This would apply regardless of whether the trades of the same symbol were in both buy or sell directions.
Example 3: Opening multiple trades on the same symbol (XAUUSD), then closing them — whether all at once or at different times — will still be counted as 1 unique trade. Again, because multiple trades on the same symbol were open at once, this will be counted as 1 unique trade toward the Edge score.
- Open Buy 0.01 lot size XAUUSD order at 9:05 AM
- Open Buy 0.01 lot size XAUUSD order at 9:10 AM
- Open Sell 0.02 lot size XAUUSD order at 9:30 AM
- Open Buy 0.01 lot size XAUUSD order at 9:45 AM
- Open Sell 0.01 lot size XAUUSD order at 9:55 AM
- Close all 5 opened trades
Example 4: To count as multiple unique trades, each trade on the same symbol must be opened and closed before starting the next. In this case, all trades are opened and closed separately, so this will count as 5 unique trades toward the Edge score.
- Open 0.01 lot size XAUUSD trade #1.
- Close trade #1.
- Open 0.05 lot size XAUUSD trade #2.
- Close trade #2.
- Open 0.02 lot size XAUUSD trade #3.
- Close trade #3.
- Open 0.03 lot size XAUUSD trade #4.
- Close trade #4.
- Open 0.01 lot size XAUUSD trade #5.
- Close trade #5.
Please note: Unique trades to obtain an Edge score are calculated differently to the required trades at each stage in Axi Select program.
Axi Select and Hedging
Hedged trades are not considered unique trades and do not count toward the 20 unique trade requirement.
Please watch this video to learn more about Unique Trade.