confused newbie here, saw a warning on the website of the broker i am thinking of going with, that in the event of the company going bankrupt you could lose all of the funds in your account as your money is not insured, this is a well known broker but still i'd like to know the worst possible scenarios that could happen in fx before i go live.
what would happen if you were in a highly leveraged trade when the company was declared bankrupt, could you end up being liable for the leveraged amount as well???? that would be a complete and utter disaster, maybe i'm confused here or worrying too much, going live jitters or whatever but really appreciate any info from anyone knowing anything about this, thanks.
what would happen if you were in a highly leveraged trade when the company was declared bankrupt, could you end up being liable for the leveraged amount as well???? that would be a complete and utter disaster, maybe i'm confused here or worrying too much, going live jitters or whatever but really appreciate any info from anyone knowing anything about this, thanks.