ASIC, CySEC, DFSA +2 more
Best Forex brokers wey get protection against negative balance
Forex and CFD trading involve leverage, wey fit make person lose pass di money wey dey im account. To face dis risk, some brokers dey offer negative balance protection (NBP). With NBP, if trader account dey owe broker because of money wey e lose due to market movement, di broker go reset di balance to zero so trader no go owe broker money. Dis security feature go help limit potential loss, especially during times when market dey very plenty movement.
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
Platforms
MT4, MT5
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
MT4MT5Copy tradingECNHigh leveragePAMMSTP
Regulations
CMA, Central Bank of Curaçao and Sint Maarten, CySEC +5 more
Platforms
MT4, MT5
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSTP
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignalsSTP
Regulations
ASIC, CySEC, FSCA +2 more
Platforms
MT4, MT5
MT4No deposit bonusCopy tradingPAMMSignals
Regulations
ASIC, CySEC, FCA UK +2 more
Platforms
MT4, Custom
MT4MT5cTraderCopy tradingECNPAMMSignals
Regulations
ASIC, BaFin, CMA +4 more
Platforms
MT4, MT5, TradingView +1 more
However, e beta make una sabi say no be all brokers dey provide negative balance protection, so e go dey important for traders to check well dis feature before dem select forex broker. If negative balance protection dey absent, brokers dey use stop-out levels wey go automatically close trade if account balance reach low level. Stop-out levels vary among brokers.
Although e good to find brokers wey dey offer negative balance protection, traders fit also protect themselves by put risk management strategies. Make dem no take big positions for market wey dey very plenty movement and also make dem set appropriate stop-loss orders, so dat big loss no go fit waka put account balance for minus. Diligent risk management na key to get successful and sustainable trading experience.