What is the best regulated and legitimate Forex brokers with Negative Balance Protection

[shanmugapradeep]

Hello,

I am using ICMarkets and I am happy with them, except they do not have negative balance protection. I usually trade in high volatility markets like news events, national elections, and other major events. Most of the time, my balance falls into the negative, 3-5 times my original balance.

Recently, during the NFP release, gold dropped 1900 points against the USD. My account balance was $100, and I used full leverage. Suddenly, the news went against my position, and my balance became -$580. The worst part is that when your balance is negative, they won’t allow you to withdraw money from other trading accounts until you clear the negative balance.

Can anyone please suggest the best Forex broker with negative balance protection?

 

[Enivid]

EU branch of RoboForex, Pepperstone, or Eightcap.

 

[Rieleoes]

You don't even need to look for others, except for Amarkets. They will give you all conditions for trading there. And if you manage to reach Gold status by volumes, you will also get a dedicated server for trading, transfer of trades to the next day with a reduced commission. In general, only pluses.

 

[fargana]

Hello,

I am using ICMarkets and I am happy with them, except they do not have negative balance protection. I usually trade in high volatility markets like news events, national elections, and other major events. Most of the time, my balance falls into the negative, 3-5 times my original balance.

Recently, during the NFP release, gold dropped 1900 points against the USD. My account balance was $100, and I used full leverage. Suddenly, the news went against my position, and my balance became -$580. The worst part is that when your balance is negative, they won’t allow you to withdraw money from other trading accounts until you clear the negative balance.

Can anyone please suggest the best Forex broker with negative balance protection?

Most FX brokers currently offer NBP because it's a low risk service for them, basically blackswan events like SNB flash crash happen once in ten years or more in liquid markets such as FX