What is the difference between hedge and netting account types?

Netting account
You can only have one open position in the same instrument when trading with the netting account. Therefore:

• If you submit two orders in the same direction, the open position volume will increase.
• If you submit two orders of equal volume but in opposite directions, the existing position will be closed, and no new position will be opened.
• If a new order is in the opposite direction and exceeds the existing position's volume, the current position will reverse in the opposite direction.
• If a new order is in the opposite direction to the existing one and has a smaller volume, the current position's volume will decrease.

Hedge account
When trading with a hedge account, you can open as many positions as you want in the same instrument in different directions, provided there is sufficient margin to open and maintain them.

If you already have an open order in an instrument and decide to open another, it will create an additional position. Unlike the netting model, in the hedging model, opening a new position in an instrument does not affect existing positions.