Brokers with Negative Balance Protection 41 replies
Brokers that liquidate accounts at zero before negative balance occurs 22 replies
When would chasing a trade be worth it to you? 17 replies
What brokers would you want to use if you had 100k + million + account? 6 replies
Can someone answer question about Brokers chasing stops? 7 replies
Disliked{quote} If they asked you to pay the negative balance and you didnt pay it they have the right to take money out of any of your other accounts and dont have to inform you as they have the right of offset. By not paying a negative balance you hace defaulted so they can sue you, technically you are stealing. many brokers are suing defaulters right now. I would consider yourself lucky as they could have sued you then you would really be screwed. Why didnt you pay the negative balance anyway? Were you trying to avoid it?Ignored
Disliked{quote} Maybe you are not able to understand... I never said that It's not my intention to honor my debt and they answered me that they further check my account and my order... but without any communication they take my money. So if you are comfortable with that kind of attitude.. Ic Markets it's for youIgnored
Disliked{quote} No idea I just know that you can get this from pretty much any legit broker. Global prime have just decided to use it as a marketing tool.Ignored
Disliked{quote} All my brokers give me this info if i ask. Global prime has nothing special it's just a marketing spin.Ignored
DislikedThey are chasing them Below are the ones that i know are chasing negative balances and the ones that have forgiven them Chasing negatives IG CMC City Index (IFX) Saxo Axitrader Pepperstone Forgiven Negatives or part of Gain Capital FXCM FXPro IC Markets Oanda It seems like more serious forex brokers have forgiven negative balances. The ones that haven't appear to also be CFD brokers.Ignored
Disliked{quote} This class action shouldn't be against the brokers. It should be against those unscrupulous greedy so liquid "providers" who shut down the price feed that created a disrupted market and then took advantage of this disruption and provided outrageously unfair price that's completely outside of market just to widen our losses. The brokers were basically left holding the bag just like we were. Our negative balance is basically their negative balance that they ultimately have to pay to their brokers which is those liquidity "providers" who gave...Ignored