Will I be able to open another trade if I close one of the two I have open?

The traders are taking too long to respond, I want to make a new trade, but I get the “You are not allowed to open more trades” error.

Will I be able to open another trade if I cancel one of them or is there a cooldown?

Yes, you’ll be able to open a new trade immediately after cancelling.

After you have half a dozen trades on your account you’ll be able to open more trades at the same time.

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