The unprecedented volatility of the Swiss Franc has fuelled ongoing turmoil in the markets, and traders are in the dark as to whether or not their brokers will demand payment from negative balances.

After receiving a torrent of inquiring comments and emails on the subject, Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates has compiled the following list, providing the full information for traders who want to know if they are covered.

The list is based on public declarations of the brokers, some were announced earlier and others were provided to Forex Magnates upon inquiry. If you are a broker which has followed suit and you are not listed here, feel free to contact us at info@forexmagnates.com.

If you are a client and your broker has not been honouring its statement, or you have questions about the reimbursement, leave a comment and we will make sure to inform the broker.

Brokers Forgiving Negative Balance Negative Balance In its most basic form, a negative balance represents an account balance in which debits exceed credits. A negative balance indicates that the account holder owes money. A negative balance on a loan indicates that the loan has not been repaid in full, while a negative bank balance indicates that the account holder has overspent.In the retail brokerage space, this phenomenon occurs when a position’s losses in an account exceeds the available margin on hand from a given trader. When a trader place In its most basic form, a negative balance represents an account balance in which debits exceed credits. A negative balance indicates that the account holder owes money. A negative balance on a loan indicates that the loan has not been repaid in full, while a negative bank balance indicates that the account holder has overspent.In the retail brokerage space, this phenomenon occurs when a position’s losses in an account exceeds the available margin on hand from a given trader. When a trader place Read this Term

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Broker, Covering Negative Balance, More Info*

Markets.com, Yes, Click Here

UFX, Yes, Click Here

ADS Securities, Yes, Click Here

OANDA, Yes, Click Here

Gainsy, Yes, Click Here

MFX Broker, Yes, Click Here

Dukascopy, Yes

Orbex, Yes, Click Here

GAIN, Yes

FxPro, Yes, Click Here

ILQ, Yes, Click Here

XM, Yes

IKON Group, Yes, Click Here

ICM Capital, Yes, Click Here

FX Primus, Yes, Click Here

Darwinex ,Yes

HY Markets, Yes, Click Here

eToro, Yes, Click Here

DMM FX, Yes, Click Here

Tradeview Markets, Yes, Click Here

Deltastock , Yes

BMFN, Yes

AvaTrade, Yes

Forex4you, Yes, Click Here

FBS, Yes

IronFX Global, Yes

AGM Markets, Yes

Exness, Yes

Fibo, Yes

Fidelis Capital Markets, Yes

FXTM, Yes

AFX Capital, Yes

BTFX, Yes

iFOREX, Yes

ATC UK, Yes

Bulbrokers, Yes

xCFD, Yes

SkyFX, Yes

DF Markets, Yes

Tickmill, Yes

Windsor Brokers, Yes

ACM Gold, Yes

ActivTrades, Yes

ThinkForex, Yes

GFT Markets, Yes

easy-forex, Yes

Robo Forex, Yes

Forex Club, Yes

FX Grow, Yes

AForex, Yes

StreamlineFX ,Yes

Valutrades, Yes

HotForex, Yes

Netotrade, Yes

Nord FX , Yes

Octa FX, Yes

VitalMarkets, Yes

Axiory, Yes

Land FX ,Yes

LATAM FX, Yes

Blackwell Global, Yes

PCM Brokers, Yes

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