iFOREX, How Negative Balance Protection works? Here are 3 main advantages you can get from NBP!
What is NBP? Negative Balance Protection? and How does it work?
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Did you know that Negative Balance Protection…
- Ensures that your account can never go into minus.
- Offers defense from excessive losses.
- Provides you with better control over your investments and funds.
Negative Balance Protection is often referred as “NBP.
And NBP is a very important condition offered by iForex.
How NBP works exactly?
For readers, who couldn’t get the exact idea of NBP yet, here is an example.
- You trade Forex & CFDs online with iForex who supports NBP.
- You make a huge loss that cause your account balance to go negative (e.g. – 12,345 USD).
- iForex’s system will automatically fix the balance (-12,345 USD) to Zero, by covering the exceeded loss.
Thus, you won’t lose more than you have in you account with iForex.
About the exceeded loss which is covered iForex? It is covered by iForex for Free.
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