“Hedged” account type is adopted by many brokers and traders.

On “Hedged” account type, you can have multiple open positions of both directions(buy and sell) on the same symbol at the same time.

On “Netted” account type, you can have only 1 open position for the same symbol at the same time.

In case of “Netted” account type, you all orders on the same symbol will be accumulated in 1 position.

 Trading Example on “Netted” account (in case of EURUSD)
Buy 2 lots and Sell 1 lot Remains 1 lot(long position)
Sell 3 lots Remains 2 lots(short position)
Sell 5 lots Remains 7 lots(short position)
Buy 4 lots Remains 3 lot(long position)

Only 1 position for a symbol on “Netted” account type.

1

XMXM

4.8 rating based on 1,221 ratings
4.8/5 1221
2

DerivDeriv

4.3 rating based on 178 ratings
4.3/5 178
3

IronFXIronFX

4.8 rating based on 241 ratings
4.8/5 241
4

FBSFBS

2.5 rating based on 175 ratings
2.5/5 175
5

LMFXLMFX

3.9 rating based on 126 ratings
3.9/5 126
1

bybitbybit

4.2 rating based on 3,330 ratings
4.2/5 3330
2

BinanceBinance

4.3 rating based on 7,672 ratings
4.3/5 7672
3

BitgetBitget

4.3 rating based on 42 ratings
4.3/5 42
4

PrimeBitPrimeBit

3.9 rating based on 7,148 ratings
3.9/5 7148
5

BitMEXBitMEX

3.8 rating based on 6,919 ratings
3.8/5 6919