Question: Does FXPIG support NBP(Negative Balance Protection)?
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This FAQ has ended its release period. Please check FXPIG's latest information and campaign on FXPIG's company introduction page.
No, FXPIG does not support NBP, Negative Balance Protection.
In case the loss exceeds the total deposit amount, the trader himself needs to cover the loss in order to re-start trading in the account.
The condition is because FXPIG processes all trades to the market and a loss is a real loss.
The broker implements mechanisms like not allowing higher leverage than 1:100 for deposits lower than 1000 USD, and 100% stop out for leverage above 1:200, in order to protect clients and the broker from negative balance, but it is not “NBP”.
