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Can I lose more money than I deposit with you?

Article ID: 104789 Print
Question
Can I lose more money than I deposit with you?

Answer

We operate a no debit balance guarantee. So if your losses become too large, we will automatically close some or all of your open positions at the best available price, before your account becomes negative. This safeguard mechanism may not always work as intended and under extraordinary circumstances your account balance may actually slip into negative territory. Should this happen, we may deduct the negative balance from a different account(s) you may hold at FXChoice. If there are not enough funds on any of your accounts at FXChoice to cover the negative balance, we will add the missing funds to the next rollover.


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Views: 1405 Created on: Jul 22, 2021
Date updated: Jul 22, 2021

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Risk warning: Forex, spread bets and CFDs are leveraged products. They may not be suitable for you as they carry a high degree of risk to your capital and you can lose more than your initial investment. You should ensure you understand all of the risks.

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