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Can I lose more money than I deposit with you?

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Question
Can I lose more money than I deposit with you?

Answer

Using a lot of leverage has an inherent risk of losing more money than was initially deposited into a trading account. This can result in a negative balance, but fear not, we are not going to send collections agencies after you or engage in any legal actions to recover our money. We operate with a no debit balance guarantee. What this means is that if your losses become too large, we will automatically close some or all your open positions at the best available price, before your account would become negative. This safeguard mechanism may not always work as intended and under extraordinary circumstances your account balance may actually slip into a negative territory and should this happen, we will simply zero out your account balance. In other words you can never owe us money, if your account balance turns negative.


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Article Details
Views: 850 Created on: Apr 17, 2017
Date updated: Apr 17, 2017

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Risk warning: Forex, spread bets and CFDs are leveraged products. They may not be suitable for you as they carry a high degree of risk to your capital and you can lose more than your initial investment. You should ensure you understand all of the risks.

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