XM - What's now?
Leverage 1:888 does not apply to client registered under the EU regulated entity of the Group. The maximum leverage for Trading Point of Financial Instruments is 30:1.
NBP is Negative Balance Protection which triggers when you have minus/negative balance in your account.
All the minus/negative amount will be covered by XM, and reset the balance to zero.
This is also called “Zero Cut” system and you will not lose funds more than you deposit.
XM has also set stop out level at 20% to avoid further risks.
XM’s NBP condition is the same for all accounts including Bonus accounts.