Question: Does FXPIG support NBP(Negative Balance Protection)?
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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”.