Are You Covered? These Brokers Forgive Negative Balance following CHF Crisis

Thursday, 22/01/2015 | 13:00 GMT by Avi Mizrahi
  • With the market turmoil still causing a great deal of uncertainty, Forex Magnates lists the brokers which are not likely to require traders to cover their negative balances. See the full live report here.
Are You Covered? These Brokers Forgive Negative Balance following CHF Crisis
rp_Flag_of_Switzerland-300x200.png

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 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

[table caption="" width="450" colwidth="100|250|100" colalign="left|center|left"]

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

[/table]

*Disclaimer: Links may lead to 3rd party sites containing commercial content.

rp_Flag_of_Switzerland-300x200.png

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 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

[table caption="" width="450" colwidth="100|250|100" colalign="left|center|left"]

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

[/table]

*Disclaimer: Links may lead to 3rd party sites containing commercial content.

About the Author: Avi Mizrahi
Avi Mizrahi
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Azi Mizrahi, expert in fintech trends and global markets, enriches readers with deep insights.

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