Question: Does IC Markets support negative balance protection (NBP)?
Yes, IC Markets offers this valuable service to all of its traders.
Especially for customers residing in Europe, where the ESMA / MiFID directives are present.
These oblige the broker to offer protection in the event of a negative balance: the trader can never lose more money than deposited.
In addition, traders will be able to take advantage of a compensation fund, the ICF, which offers compensation of up to €20,000 in the event of confirmed insolvency.
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