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January 30, 2018

Question:Is there a debit balance risk? Can I lose more money than I deposit?

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Answer:

Not with WWM.

It is WWM’s policy to credit accounts to a zero balance when debit balances occur as a result of trading.

One of the greatest concerns traders have about leverage is that a sizable loss could result in owing money to their broker.

At WWM, your maximum risk of loss is limited by the amount in your account, and according to the customer account agreement.

If account equity falls below margin requirements, WWM’s trading platforms trigger an automatic order to close all or some open positions at the prevailing rates in order to prevent a negative account balance.

This automatic process of closing trades is known as a margin call or liquidation call.

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