FXTM Brand does not provide services to residents of the USA, Mauritius, Japan (日本), Alberta, British Columbia, Quebec,
Saskatchewan, Haiti, Suriname, The Democratic Republic of Korea, Puerto Rico, and The Occupied Area of Cyprus. Find out more
in the Regulations section of their FAQs.
FXTM offers the maximum leverage up to 1:1000 though, you can choose to set the leverage for your trading account from 1:1 to 1:1000 as you wish.
Lower the leverage, lower the risk exposures.
You need to know that, with a higher leverage, your profit would be bigger and also the loss would be bigger at the same time.
Do not invest more than you can afford to lose.
We are not saying that you are going to lose all your funds though, it can happen.
NBP – Negative Balance Protection
To limit the risk exposures, majority of Forex brokers apply this NBP(Negative Balance Protection) to its trading accounts.
With this condition, traders will not lose more than they deposit, as the broker covers all exceeded losses and fix the account balance to Zero, in case the account balance goes negative after “Stop Out”(Liquidation).
But having a negative balance is actually a rare case, as FXTM’s trading server triggers “Stop Out” at 50% of margin level, this might help reducing the potential risks in your trading accounts.
FXTM supports NBP, so in case you have some negative balance in your trading account, the balance will be fixed to 0 automatically..
The Highest Leverage is 1:3000
For your information, the highest leverage in the world is 1:3000 offered by FBS.
It is a still super high leverage, and the average leverage among Forex brokers is around 1:500.
So it might not be a too risky leverage which FXTM offers to its traders.